Quote from: TomUyamot on November 11, 2017, 11:32:49 PM

Quote from: lesitio on November 11, 2017, 11:14:30 PM

I want to start out trading altcoins but don't know where to start. I don't have much money because I am a student.

Should I put my money in low cost coins such as NEM or should I put it in higher cost coins such as litecoin?
Should I spend $10 on each coin? $20?
Should I try a few ICOs?

Any help would be appreciated, thank you

I think its not about the money when you are trying to start trading. It is about the skills and knowledge on crypto trading that matters. Even if it is just a $200 starting investment, if you are ready, complete with the necessary skills and understanding of the art of crypto trading, then you will earn. For now, learn trading. ICO is not for you yet. I think you will consider the coins that are having large spikes. Wait for these coins to be on its very low value before buying.

Yes, people keep saying trading is about skills and also that true trading is like a full-time job. Maybe that's true, but how can one learn to trade with profit? I think it's not about projects anymore. You can be an expert on how neo is different from ethereum but it doesn't mean you'll make a right decision. A lot is based on luck, especially short-term. Take a look at bitcoin cash. There are no rational explanations for what we see now and nobody know when it the right time to dump it and whether investing right now would still be profitable. This is why I think it's better to research a project and invest long-term hoping that people will realize how cool it is after some time.