/biz/ - Business & Finance

>>58448184
Market cap is what gives value to a coin. Take market cap and divide it by the circulating number of current coins to get the price of an individual coin. As you may see, logically as the market cap goes down, the price gets more sensitive, which means that it is easier to see big volatile changes in lower marketcap coins. Very low MCAPS are dangerous though because they're subject to the classic needful pattern (fake pump of the prices so when you join they basically take your money and pull the rug)
I know of no other sites. I use cryptowaves for RSI and that's it. It helps that I'm an econ. student so I make all my calcs manually.
Don't listen to the other doomful retards on this board. 99% of the people think of "making it" which is amassing millions of dollars. They don't think on the day to day basis, as most of them are bagholders on the long term. However, it is true that coins pump or dump in great portion thanks to liquidations, so tread carefully; the odds are never in your favor, specially when you search for greater % benefits.
Never leverage what you can't afford. Some idiot here got liquidated for leveraging 25x ETH and not calling the bottom correctly. Max 10x leverage, and that's if you're very confident. This is a rule to live by.