Quote from: Spirit2016 on May 03, 2017, 08:23:00 PM

Quote from: Sled on May 03, 2017, 05:51:13 AM

Quote from: ubercool on May 02, 2017, 08:36:59 AM

Quote from: pooya87 on May 02, 2017, 07:53:18 AM

how much do you think all the analysis like technical analysis and research helped you in your altcoin trading? i ask that because i am no expert but for the life of me i can not see any kind of analysis work on 99% of the altcoins and that 1% only works sometimes. they are all moving based on pump and dump.

Precisely. Most of the coins are running by and from pumpers money and they are making a huge profit with these tricks. Analyzing cryptocurrencies in the early stages is impossible and no one will know how it is created or for what purpose. It is best to keep your money in BTC rather than going for altcoins.

If you know how to analyze a coin and read charts to determine if an altcoin is good for investing or not then altcoin trading is what you are waiting for a profitable one. Most of the altcoins now are getting dumped because of the price surge of bitcoin and that is one of the best moment to diversify 100k into different cryptocurrencies because it will give you profit. Do not invest your money in just one crypto because it will make you cry later.

But why then generally keep money in the Crypto currency? If in your opinion you still have to cry from such actions, It is better to earn real money with Bitcoin and to put them in more valuable things.

If you think well, you can realize that it is faster to earn in diversifying capital in different currency rather than in bitcoin only, Example is when you bought bitcoin around $1,300 per 1 bitcoin and you bought a lot of litecoin around $15 then you can see that the price of those two coins are already pumped so you don't earn with just one cryptocurrency but from two currency and how much more if you diversify it will from different cryptocurrencies? Roll Eyes