Things that i don't like about penny stocks:
- Need to pay 5-10$ for a broker every trade, not great if your strategy is day trading.
- Can't find undervalued penny stocks in one website, did my research it would be great if hackers-programmers create similar website like "coinmarketcap" only for penny stocks, i would donate him definitely.
Greatest thing about penny stocks that if you will do your analysis, spot and invest money in right company you will make profit like in crypto world with potential ICO's and trading cryptocurrencies.
Why i stick with Altcoin trading?
- Very Low fees.
- I don't need to provide any documents to deposit or withdraw cryptocurrency.
- Not so many problems with taxes.
It's my first steps with penny stocks, wise advices from experienced traders will be very appreciated.
Questions that i am trying to answer right now: (maybe someone will help)
There's any way to trade penny stocks not providing documents?
Any wise advices to pay lower trading fees?
What websites you would recommend to find undervalued penny stocks?
Also share your penny stocks vs altcoins experience.