The best way I know is to learn from trial and error.
I agree. I invested 200 with zero knowledge, and I am still learning everyday so I save my investment and make it bigger.
Dive in the forums and google, and use this forum and youtube.
Btw, I wrote a thread about learning resources too, have a look! (Still being updated on a daily basis):
https://bitcointalk.org/index.php?topic=1996471
I have gone through the thread you quoted and it's really helpful not only for the new users but also for the experienced users to find all stuff at a single place. I also appreciate your efforts of starting trading with a low amount, however, I suggest you reduce the amount even further and increase the frequencies of the trades and try out different strategies. Do not forget to share the experience (even if you lose) so that everyone can learn something from it.
Thank you! It´s also helping me a lot in my journey to write this thread, keeping it updated, looking for more resources...
You're right, I am reading a lot and as soon as I understand a bit more I want to start doing intra-day trading with alts, to learn more.
I am reading about charts analysis, the points a coin should meet to make sure it's a good project, etc
Any good strategies you'd like to share that a newbie could find helpful?
thanks againI am not sure if this strategy would work for you or not but it works for me and I would also advise you not to follow any strategy blindly without studying about it.
When I buy for the investment purpose, I never but a lot of 100. I wait for the price to fall and during the price fall I put various orders with various units in it such as 10 - 30 - 40 - 60 etc and as soon as the price starts rising, I do the same in reverse order. It rarely disappointed me so far.
I heard about it already and it souns great
will try it out soon. I understand it minimises the risks, I´m OK with a conservative strategy at the beginning.Thanks a lot!