Quote from: yakdivine on November 16, 2016, 08:20:31 AM

The only people that succeed in trading are skillful and professional trader.Professional trader learn a lot of skills for technical, sentiment, and fundamental analysis. Google this! For crypto trading I think technical analysis is not as important as the other two. In contrast, in classical ForEx the technical analysis is the most prominent activity.

It also pays to have the technical skills to actually understand crypto currencies. Do you actually know what a hash function does? While I can do such analysis for you in my coin reviews, you should learn that yourself in the long-term.

Great! Thanks for this helpful advice. It is always best to make a research about this, in order to trade effectively and minimize the losses. With years of experience, you can come up with effective strategies that will help you gain huge profits when making any trade. I usually prefer to trade altcoins, since most of them are pump and dump, and it give you a huge opportunity (if done right) to make a decent profit. Cheesy

Quote from: (altair) on November 16, 2016, 11:42:24 AM

When trading cryptocurrencies, find if it have a forum, block explorer, and a roadmaps. Read about that crypto in their forum and find out its roadmaps, or devs, coin supply, etc. Ask other crypto traders also if it's worth buying. If there is something shady in their coin better think twice before investing or buying that coin.

Thanks for the advice, mate. Also, when considering to buy an specific cryptocurrency that has been recently launched, it is best to wait for a few days until the "hype" goes by, as this results in a price decline giving you a huge advantage into buying cheap coins. Take a look at Zcash for example, it was nearly $2000 since it has launched, but nowadays the price has declined massively after the hype passed by. But in this case, if I would consider to buy a Zero Knowledge proof cryptocurrency, it would be ZClassic, instead of Zcash, in my own opinion. It has so many great things like the removal of founders reward, among many other things. Grin