Post
Topic
Board Trading Discussion
Re: What would be your recommendations when trading crypto?
by
extrabyte
on 21/10/2016, 22:51:48 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

First I would suggest to make connection with people that are active at the trading world and some of them can be found on the chats that some exchanges have, Yobit has the chat on the right when you trade something, poloniex has a trollbox which is very active but you should not believe everything what is written there.