Hi there. As topic says then I am green on this field.
I therefore have a few questions that I hope you guys and girls can be of help with so that I hopefully do not slip into too many of the pittfalls that are probably just as present on this field, if not more due to the potential value of many of the markets.
1. I got a few dollars on a paypal account that I would really like to use for trading. It's not a big amount but then I will get started! My question is then: How on earth do I get this to work? I've tried to look a little on google but somehow I only manage to get the option to use a bank wire transfer on the places i've been visiting... Anyone got a way to work around this issue?
2. All of these various coins obviously represent different values. Since I am not really in a position where I can say: I know what to invest in! Then I'd like to hear you guys out. How do you value if a currency is worth trading? And also when do you know when to buy/sell? I mean obviously when prices are low/high but still. There must be some factors that can screw up the economy big time?