Confuse about altcoin | Bitcointalksearch.org

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Quote from: terrate on March 05, 2017, 10:02:27 AM

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. Huh

Hello! Maybe this will help you, someone finds answers to your questions here Wink

https://coinmarketcap.com/

konvekt

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Quote from: terrate on March 05, 2017, 10:02:27 AM

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. Huh

there is a coinsinfo page on yobit. You can find there links to btt topic, explorer, etc

dinofelis

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Quote from: terrate on March 08, 2017, 11:00:42 AM

Yes i know trading there's must be winner and loser.
And i just want to learn it.

Because you want to be a winner, or because you want to be a loser ? Both are valuable. Losers actually much more so than winners. We only need a few winners, but a lot of losers.

Quote

As many ppl do trading, there's must be something on it.

Honestly, if you are saying this, don't you think you're on the losing side ?
Most people that trade, lose money. Some people make a lot of money. The reason why many people trade, and lose systematically, is that they are not capable of estimating correctly their own inability to do so. It is similar to the Kruger-Dunning effect:

https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

terrate

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Quote from: dinofelis on March 07, 2017, 02:07:00 AM

Quote from: audaciousbeing on March 06, 2017, 11:25:45 AM

Quote from: klarki on March 05, 2017, 04:43:30 PM

Beginners will be very difficult to make money on this.
You will most likely fail.

And I want to ask you yourself, how does this your suggestion actually help him out?

To make him see the most essential aspect of crypto, which is that it is essentially a zero sum game, and that the idea that one "can make money from it" implies that others must lose an equal amount of money ; and that if you're new to the game, most probably you're on the losing side.

This is entirely different with a question like "there are so many cryptography texts and books, I'm confused, I want to learn cryptography". "learning cryptography" is not a zero-sum game. When one person acquires more knowledge, it doesn't mean that another person has lost that knowledge. So there, every beginner can be helped. It makes sense to "want to lift your confusion to learn cryptography". But "wanting to lift your confusion to make money with alt coins" is something different. You need to be warned that there must be as many losers as there are winners, and that, if you're a beginner, most probably you will be losing.

Yes i know trading there's must be winner and loser.
And i just want to learn it.

As many ppl do trading, there's must be something on it.
So can u sharing any experience on trading?

thx...

terrate

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Quote from: electronicash on March 07, 2017, 05:37:39 AM

losing is also part of trading but like i said stick to the coins thats very legit and learn to wait. these coins drop like its going to dip down to zero but its really not. take eth for instance, last few weeks it was like 0.008 btc.

how u know the coin is very legit?

can have some sharing here? Grin

electronicash

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Eloncoin.org - Mars, here we come!

losing is also part of trading but like i said stick to the coins thats very legit and learn to wait. these coins drop like its going to dip down to zero but its really not. take eth for instance, last few weeks it was like 0.008 btc.

dinofelis

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Quote from: audaciousbeing on March 06, 2017, 11:25:45 AM

Quote from: klarki on March 05, 2017, 04:43:30 PM

Beginners will be very difficult to make money on this.
You will most likely fail.

And I want to ask you yourself, how does this your suggestion actually help him out?

To make him see the most essential aspect of crypto, which is that it is essentially a zero sum game, and that the idea that one "can make money from it" implies that others must lose an equal amount of money ; and that if you're new to the game, most probably you're on the losing side.

This is entirely different with a question like "there are so many cryptography texts and books, I'm confused, I want to learn cryptography". "learning cryptography" is not a zero-sum game. When one person acquires more knowledge, it doesn't mean that another person has lost that knowledge. So there, every beginner can be helped. It makes sense to "want to lift your confusion to learn cryptography". But "wanting to lift your confusion to make money with alt coins" is something different. You need to be warned that there must be as many losers as there are winners, and that, if you're a beginner, most probably you will be losing.

terrate

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Quote from: pereira4 on March 06, 2017, 12:45:43 PM

Poloniex is the best altcoin exchange, because it got the best volume, that's all. it's all about volume, if the coin has no good volume, it is an useless coin, unless the technology is really great and most people haven't caught up yet, then that would be a good opportunity to buy, other than that is just a big gamble.

Bittrex is good sometimes, since they get coins before polo.

You have a good explanation.i easily understand. thx ^^

Quote from: electronicash on March 06, 2017, 12:43:30 PM

there are thousands of these altcoins already some of them offers the same thing over and over. it helps if you just invest to the ones very legit which are on top of these list http://coinmarketcap.com. if OP wants to trade coins, just stick to the ones listed on top, maybe up to 50 of them. forget the ICOs.

thx your note ^^

pereira4

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Poloniex is the best altcoin exchange, because it got the best volume, that's all. it's all about volume, if the coin has no good volume, it is an useless coin, unless the technology is really great and most people haven't caught up yet, then that would be a good opportunity to buy, other than that is just a big gamble.

Bittrex is good sometimes, since they get coins before polo.

electronicash

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Eloncoin.org - Mars, here we come!

there are thousands of these altcoins already some of them offers the same thing over and over. it helps if you just invest to the ones very legit which are on top of these list http://coinmarketcap.com. if OP wants to trade coins, just stick to the ones listed on top, maybe up to 50 of them. forget the ICOs.

terrate

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Quote from: Ayers on March 06, 2017, 06:56:56 AM

making profit on altcoin via trading is very minimal and very risky, don't follow them unless you have a high experience in trading, my only advice is to buy new coin and wait for the pump, don't buy old coin, they are often already died

Hi ayers, got any website can show before the new coin is release ? ^^

Just like before ICO there's some website to introduce.

terrate

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Quote from: clickerz on March 06, 2017, 11:31:01 AM

Yes, I recommend also to OP to visit coinmarketcap.com for coins performance and ranking to have an idea for market capitzation etc. Also you can visit http://www.altcoinwatch.com/altcoin-list/ for altcoin list or if you are in exchanges, in coins info they have link here on bitcointalk ANN page. Just browse and research.

thx clickerz that's the website i want. ^^ information for the altcoin newbie like me.

terrate

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Quote from: MicroGuy on March 06, 2017, 08:19:44 AM

What do you want to know exactly? I would suggest asking a coherent question and we might be better able to assist you. Tongue

~~

If you want a long list of currencies, you can find that here: http://coinmarketcap.com/

thx your coinmarketcap website. ^^
when i first time see so many altcoin, i don't know choose which altcoin to trade.
Then i want to know more about the altcoin information. It is not like the USDJPY i can easily find the news / information online.
So if somebody can share the information of the altcoin website would be better for me to know more about the altcoin.

Before you do trading, u will check which website to decide your trade?

klarki

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Top Crypto Casino

Here really helpful advice was provided)
I also advise you to be cautious about investing in various ICO projects.

clickerz

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Quote from: MicroGuy on March 06, 2017, 08:19:44 AM

Quote from: terrate on March 05, 2017, 10:02:27 AM

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. Huh

What do you want to know exactly? I would suggest asking a coherent question and we might be better able to assist you. Tongue

~~

If you want a long list of currencies, you can find that here: http://coinmarketcap.com/

Yes, I recommend also to OP to visit coinmarketcap.com for coins performance and ranking to have an idea for market capitzation etc. Also you can visit http://www.altcoinwatch.com/altcoin-list/ for altcoin list or if you are in exchanges, in coins info they have link here on bitcointalk ANN page. Just browse and research.

audaciousbeing

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Quote from: klarki on March 05, 2017, 04:43:30 PM

Beginners will be very difficult to make money on this.
You will most likely fail.

And I want to ask you yourself, how does this your suggestion actually help him out? He is confused and wanted help where alot of people have actually offered some advice in other to alleviate his confusion. If you wont help then dont add to it. It would have been better if you had just pass by the thread since you have nothing to add than this.

Its true the forum is saturated with a lot coins but with proper understanding and time-taking you are sure of not falling into traps called 'the next big thing to take over from bitcoin'.

sevendust777

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Dont be confuse in terms of altcoins. There are many altcoins listed which are really good to invest. You may visit coinmarketcap there are many altcoins listed on that site. And, I suggest not to trade in yobit as you can observe, many shit coins that are scam coins. Trade instead in poloniex, c-cex and bittrex...

Chikito

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it must be a headache for the benefit, and the need to check the page coinsinfo in yobit website to get more information, and read the description of the existing thread. Do not just choose altcoin, and I suggest to follow some of the ICO which will be out 2 months :-),

Teraboy

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Quote from: terrate on March 05, 2017, 10:02:27 AM

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. Huh

Look at some of the coin on the coinmarketcap and that's providing the better list about the coin. and some of the information about the coin itself.

Rockie1234

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Quote from: terrate on March 05, 2017, 10:02:27 AM

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. Huh

You have to find out information for yourself, since time is money no one is going to do research for you. A good place to start to find out about altcoins is coinmarketcap.com, which had lists of the top 100 etc crypto currencies. Also, you might wanna think about looking exchanges so that you understand basic trading graphs and concepts.

Topic: Confuse about altcoin (Read 1309 times)