Honestly trading bitcoins/altcoins takes some dedication and analysis to be successful and if you don't even have at least a laptop or computer that you can buy then there's no point. A laptop that's meant just for trading isn't that expensive maybe $500-600 max. You can use a family computer just as long as you log out and you can use that phone for 2-Factor Authentication.
Sad thing is, we don't have a family computer, and besides, i just wanna try it out a bit by trading small amounts, i wanna have a feel for trading first before i go in and invest a lot of hard earned money.
Best way is to use notebook, using smartphone don't help you to do trading. You need to buy and sell and sometimes you must to do it quickly. Don't try to do it with smartphone, it can be dangerous.
Why should i do it quickly? Does bitcoin and other altcoin's prices actually change that fast? And why is it dangerous? I mean, in what way? How can you say that it is dangerous??
Actually using a laptop or desktop is more helpful for good trading.but you can do trade with your mobile phone also.I phone is a good choice man.just create the new account in various exchange platform like bittrex,poloneix,cryptopia and liqui .all platform that i mentioned are accept all of crytp for trade.and you can use them easily.so just create open an account and check it.hope you will get it comfortable.
Why do i always hear that having a pc or laptop is important in trading? What benefits are there when you use a pc or laptop when trading than using a cellular phone? And why should i create lots of acounts in all those mentioned trading sites?
There is no need to have web wallets for every coin you trade, you will trade the coins which are listed on exchanges and hence can be kept on exchange and then can be converted into Bitcoin or ETH. With one Bitcoin and myetherwallet which are available on mobile, you can easily trade using your phone. Exchange websites might open slow or are less responsive. But mostly all can be opened on mobile. Try Bittrex, Poloniex etc, they are all available in mobile versions. For fetching data about various coins, Coinmarketcap is best for mobiles. But this is not all what you'll need. Altcoin market is highly volatile and unpredictable. Make sure to analyze the coin before trading.
Ok, thanks man, but what is the best trading site? Should i really create an account on all those trading sites? Or should i just choose one?
Yes, i agree the altcoin market really is so volatile and unpredictable. I will surely take that suggestion into account. Thanks man.
Sorry for asking too much guys, i am just excited to learn about trading and experience it myself.
Thanks for all the responses.
