So here is my Final Review on Crypto Trading - page 2.

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

Quote from: RoommateAgreement on May 15, 2017, 09:01:29 AM

these are very good advices but i would like to add a small thing to it if you don't mind, to anybody who is reading this.

if you have been making profit in the past couple of months it can be because all altcoins went up, you didn't need to be an experienced trader to make profit, closing your eye, choosing an altcoin, buying, and holding 2 weeks meant at least 300% profit. (not saying OP is like this but many have been like this). so in case you have been like this just make sure to not get too greedy and think you can make profit forever this way. be very careful from now on and you will be able to make continueos profit.

also thanks for the reddit suggestion, I recently found a couple of subs that are very good.

Could you please recommend..

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

these are very good advices but i would like to add a small thing to it if you don't mind, to anybody who is reading this.

if you have been making profit in the past couple of months it can be because all altcoins went up, you didn't need to be an experienced trader to make profit, closing your eye, choosing an altcoin, buying, and holding 2 weeks meant at least 300% profit. (not saying OP is like this but many have been like this). so in case you have been like this just make sure to not get too greedy and think you can make profit forever this way. be very careful from now on and you will be able to make continueos profit.

also thanks for the reddit suggestion, i recently found a couple of subs that are very good.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Red-Apple on May 15, 2017, 08:21:32 AM

the first good thing that you did was starting small. i also have done this, i still consider myself a newbie though Roll Eyes

with small amount you never have the stress of losing a lot of money, and because of that you can think better.

but my advice is that do not think this market is always profitable like this. check out the charts to see the same patterns of price rising and check the dump that comes after it. if you could survive the next phase of market with your profits intact and even make more profit then you are a professional trader.

with the price really huge now btc to alts trading will be a good option in terms of investment if you really focus and understand things that affect the movement for sure you will able to catch it up and make a huge profits, its just focus and interest that will make us a good traders I'm also a newbie
though but its just my own observation.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

You gave some good and smart advices that people should stick to. But one of the main problems is that many users just want to get quick profit so they don't have patience with making researches and collecting knowledge and experiences, so they often take too much risk that couldn't be handeled.

pressureonme

full member

Activity: 185

Merit: 100

Quote from: Ucy on May 15, 2017, 08:11:29 AM

So my advice: You can actually start small. You need lots of research before investing your hard earned money. Don't invest in Worthless coin. You can actually make money from them but only knowledgeable/experience traders make money from them.
So stick to the good coin till you become experience enough to trade those coin.

This part is important to take serious. For newbies like me, please pay attention to this. Don't waste your Money on garbage coins.

Red-Apple

hero member

Activity: 1470

Merit: 655

the first good thing that you did was starting small. i also have done this, i still consider myself a newbie though Roll Eyes

with small amount you never have the stress of losing a lot of money, and because of that you can think better.

but my advice is that do not think this market is always profitable like this. check out the charts to see the same patterns of price rising and check the dump that comes after it. if you could survive the next phase of market with your profits intact and even make more profit then you are a professional trader.

Ucy

sr. member

Activity: 2576

Merit: 402

Bisq is a Bitcoin Fiat Dex. Use responsibly

I consider my self a new cryptocurrency trader. I started last month actually (April 12th precisely). I started with $25, thank God for this forum advice my first Altcoin was Ethereum... it was $45 or so then. I did a further research on Ethereum and found out it's worth it. it's among the best Altcoin if not the best. The price went as high as 100$. So i finally sold @ $97. My investment double to $56 in less than a month.
I owe some of my success at Ethereum to day trading... i did lots of switching back and forth between Ethereum & Bitcoin. Am now holding Ripple which was why I sold my Ethereum. My $25 initial investment is now worth $72 less than a month of trading Ethereum, Ripple & Bitcoin

So my advice: You can actually start small. You need lots of research before investing your hard earned money. Don't invest in Worthless coin. You can actually make money from them but only knowledgeable/experience traders make money from them.
So stick to the good coin till you become experience enough to trade those coin.

Download Reddit app and join your favorite Altcoin groups. The reddit groups are full of great coin analysts who are knowledgeable in Altcoin trading. Bitcointalk is also very helpful.

Topic: So here is my Final Review on Crypto Trading - page 2. (Read 1074 times)