Hi guys,
I just start to trade altcoins since the start of March 2016, and currently I only have a few knowledge of how to understand the markets behavior.
What I know now? First is reading the candlesticks bar which shows whether it is a dump or pump. I currently going for low amount of coins in CCEX and Poloniex as they can give me better returns. What am I doing is a short-trade, buy 60 sell 62, depends on how fast others react.
But when chatting at Poloniex, MODS always remind me that I must research, to be honest I don't know where should I start.
So I tried Googling, understanding the altcoin market and get a few knowledge how to understand the basics.
My question is, when this guys tell me to do my research what does it exactly mean? Can you give an example so a newbie like me that never been in programming and trading before could understand.
Thanks guys, and I will be keeping in touch.
I just start to trade altcoins since the start of March 2016, and currently I only have a few knowledge of how to understand the markets behavior.
What I know now? First is reading the candlesticks bar which shows whether it is a dump or pump. I currently going for low amount of coins in CCEX and Poloniex as they can give me better returns. What am I doing is a short-trade, buy 60 sell 62, depends on how fast others react.
But when chatting at Poloniex, MODS always remind me that I must research, to be honest I don't know where should I start.
So I tried Googling, understanding the altcoin market and get a few knowledge how to understand the basics.
My question is, when this guys tell me to do my research what does it exactly mean? Can you give an example so a newbie like me that never been in programming and trading before could understand.
Thanks guys, and I will be keeping in touch.