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?
In short:
1. You must find a tutor or someone which have time in trading. They do studies of the markets and make predictions which some time go well and some times go bad.
2. Seem thing for the cryptos but here the problem is more difficult. If for the fiat money there are indicator that really can help to do predictions with a certain of veracity with the cryptos the problem is that the signs are to few. So it's more difficult to do trade.
But in both cases it is important the tutor. The re groups of people organized that do such things. Try to be in contact with them.