Quote from: McWorse on September 03, 2017, 01:30:37 PM

Don't give the decision about your investment out of your hands. I started with an equal amount how you are planning to. The first thing you should do is: Read!
And then: Read, read, read!
After a while you can seperate the wheat from the chaff. You will get a feeling about, which member here on BCT is trustable and which are not. When you find a really smart and interesting posting, look at the profil from the author and read his other posts. Do they confirm your impression? Try to find a couple of members who really understand the market. Members who point at a perfekt (early) time on promising coins and projects. If you read a brandnew post from such reputated members like this, go immediately to the project page and:
Read, read, read!
Push your feelings beside. Think about if this project has something to offer. Something new, something good, something which can give the project more value sooner or later. Take a small look at the dev team and at the community. What are your impressions? Does it look seroius? Does it look smart? Motivated? Is the community a group of blind believing kiddies, or a union of experts? Then try to understand the connections between supply, marketcap and price in order to assess the possible increase of the value. Compare it to coins with similar preconditions.
But at least, the art of making profit is:
Don't make a science out of what I told you above. Because to trade-off again and again leaves you uncertain and prevents you from tucking in at the perfect time. If your head says for 70 to 30 "Yes!" and your heart for 90% at least:
Go in immediately!
And when you really believe, don't care about the dumps and pumps which will follow (for sure). Don't regret anything. Dont cry about lost opportunities (the forrest is always full of them, that doesn't matter). Just go straight ahead. Watch the market and learn.

Take a brief look at the chart before investing. Compare it to other charts. Projects of active dev-teams have other charts than dead projects. Try to find patterns which can help you.

And when you diversificate your investment over 5 to 8 projects and when you not make the biggest mistake: to buy in when the price is high or have risen a lot in the last days / weeks - you will make profit. Sometimes you can ride on an upcoming hype, too. But in this case it is often better to jump of the horse after the half way than to wait till the bitter end. Good profits are good profits and better than no profits.
Wink

I wish you luck and have fun at the market!
Regards!
McW

You words really motivates me. I think every beginner must read this!