Quote from: jonsnow888 on April 14, 2017, 09:33:46 AM

Quote from: annie9771 on January 21, 2017, 06:45:33 PM

I am Annie ...

Hi Annie, I'm sure you learned some things from dice trading (hopefully bankroll management) that you can use in trading alts.

First, I agree with the advice below:

Quote from: Dudeperfect on January 22, 2017, 04:51:51 AM

I would advise you to start practical trading with low amounts and do that more frequently. Make sure you pick the right pair for trade because there are more than 600 altcoins at this moment and most of them are going to end up with a loss so be careful while choosing a pair.

Here's how you can learn how to trade:

1. Set a small budget and deposit to more than 1 exchange (e.g. poloniex, kraken, btc-e).
2. Pick an altcoin that is not very hyped, but has some volume, and try to do a test trade.
3. Watch the orderbook and try to observe how people trade (this is to get a basic understanding of how it works not to mimic them - assume that they are losing).
4. Start learning the basics of technical analysis (you can learn the basics in a few days) and practice making your own analysis on places like BitcoinWisdom, CryptoWat.ch, TradingView.
5. Start making trades based on technical analysis, and don't risk too much at once (use solid bankroll management).
6. Don't pour more of your own money into it. Try to survive with your starting bankroll and reinvest all profits.

This is how you get started. If you can make it a habit like dice, your skill will definitely improve and you should become profitable.

Good luck!

Thank you for this! I am also trying to learn things about trading since I am planning to trade. Thanks for elaborating what other members are also trying to tell to annie9771 and also for putting effort. I have been reading articles about trading for two weeks and I guess suggestions coming from members here still matters since it is based from own experiences. This would really be helpful. I hope that I would succeed in making profit by means of trading.