Post
Topic
Board Trading Discussion
Re: My first day of trading
by
richardsNY
on 12/08/2017, 22:09:03 UTC
Besides it is wise to study crypto related books and articles for sound knowledge of these currencies and their pros and cons.  

This won't have much of an impact when you are looking to trade a market that is subject to speculation, fear, greed, fud, insider trading, etc. In most cases altcoin trading is just guessing in what direction the market will go -- based on that people plan their moves. If people think they can read out a market that is subject to all afore mentioned aspects, they obviously overestimate themselves, unless they are a market mover, or closely connected to the people behind the coins and their pump groups. If that isn't the case, then 99% of the altcoins will be nothing more than a gamble.