Quote from: HeRetiK on September 23, 2017, 07:38:04 AM

Quote from: jamalnasir on September 23, 2017, 03:45:08 AM

Hi everyone...

Just a newbie and am planning to put some money into crypto. Now the thing which is stopping me is whether I should go for trading as the currency is volatile and can give some quick gains or buy it and sleep over it for a few years. Or should I go with 50% trading and 50% investing.

Need experts guidance please

Whatever you do, if you're new to crypto you shouldn't be trading. Trading cryptos is risky / hard enough as is, moreso if you're not familiar with the market.

Additionally, try to focus on BTC. While some alts may have merits on their own, many of them are just ways to extract money from newcomers.

thanks, I know trading is quite risky. However I think I should have been a little clear. What I meant was that buying on low and selling on high. Like recently when the price dropped to 3000USD I could have bought some and sold at 4000+.

altcoins, I mean like top 5 or 10 of them, like the ones mentioned here https://coinmarketcap.com/

What do you think?