A couple days ago I transfered enough from my bank account to buy 1 Bit coin. While waiting for the $ to make it from the bank to the exchange I had $75.00 invested so could use it to practice with. Keep in mind that I had no experience with bit coin trading and my past day trading did not go well.
Today I saw that SC (Siacoin) was above 10% and volume was above 10,000. It was also very active pumping up and down. I did four buy and sell trades, not aiming for much more than 5% profit on each one and increased my $75.00 to $91.00. It was a great leaning experience. Also very humbling because on the first trade I made a mistake and lucked out.
Scott
That's a good way to start. Be careful not to panic buy or panic sell and you should do fine.
yes it is too much important to study the different aspect of the market and then decide about to buy or sell, some time the big whale is manipulating the market which really disturb the market. some time they create panic like situation in the market and people start selling while they waiting for the lower price to buy it and then hold it for its really price they really making too much profit through this way and making the unexperienced people as fool.