Totally man, I'm pretty into this. Its also amazing how small this activity is right now. I would bet there's less than 100,000 AltCoin traders in the world and maybe only 10,000 are active in a day. It presents a really fascinating, challenging and unexplored landscape.
I quite frankly embarrassed how much I got murdered in the first few days. Biggest things I've learned is to research and read everything you can find on a coin before you make a move on it.
And the biggest thing I've learned is it doesn't matter what the actual value of the coin but what the perceived value of the coin is. For instance a coin's value can be one thing but the only thing that matters in terms of trading is an exchange's perception of it at the time. I've noticed BTC38 is extremely inflated with their values not coming close to the actual price where Bittrex is quite competitive. Always be up to the minute on your prices using coinmarketcap as sometimes you can make sweet deals before other people know what's happening being up to the minute.
Right now I'm treading water but at least I'm not getting my head kicked in. I've been doing alright since I've gotten a basic understanding of how this all works.
This guide really helped me as well and helped turn my game around
http://pumperspicks.com/ultimate-altcoin-buying-strategy/I think I'm going to give Ryan Pumper's group a shot.