My question is are there any websites that are like the 2+2 forums, card runners or deucescracked etc.? Where have you gone to learn about daytrading cryptocurrencies?
I got into this a little over a month and half ago and while I am up because of just a lucky decision or two I am quickly going to lose my ass if I don't figure out some sort of effective strategy.
In short, I suck at this and really need some help.
Thanks
Edit: Before someone replies I just want to throw this out there, I'm pretty sure this is a good website to learn about coins and what not and I come here everyday but I have a very hard time sorting through the bullshit. Obviously this place might be a great place but I might be in the wrong sections.
Investopedia is a great resource. I used them a lot when I was learning to trade and still use them a lot today.
I would recommend reading about fundamental and technical methods of determining an asset's value and analyzing its price movement. I would also read a lot about value investing. It is important to learn how to take advantage of disparities between price and value.
I also highly recommend practicing paper trading before you risk real money on trades. You can do that here:
www.demoinvestor.com
I did that for a few months before I started trading with real money and it helped a lot. Paper trading can be a valuable tool.
Anyway, my number one piece of advice would be to be patient and take your time with everything. Be cautious, and don't let emotion drive your decisions.