Post
Topic
Board Trading Discussion
Re: What would be your recommendations when trading crypto?
by
Supercrypt
on 21/10/2016, 16:08:05 UTC
Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits.  Smiley

There is no book that tells you the secrets of trading, from my experience (which is not a lot but not small too) you learn more by doing.
Trade yourself (without bots) and analyze a lot the most traded coin on the exchange you plan to trade.
I have been trading since a long time like 6 months or 10 months and one thing I can tell you, yes experience comes from doing more and more trades, but hey you cannot say books don't teach about trading, I myself have a few that I learn with how to manage when the market is fluctuating and all, though I do not really remember the names and authors.