Hi everyone! I am new to trading cryptocurrencies. I am wondering, how did you guys get started? Where did you get your info from? And how do you know/predict which coin is going to be profitable?
Thanks!
I started trading by familiarizing myself with the different informations and strategies that will be done ti become successful in trading. Once you started trading without any knowledge you will be bankrupt. So it is better to gain more information and experiences.
It is really important to know which coin you'll start with, you are right all of your hard earned money will lost if you don't be wise in investing it, it is not necessary to just take risk, yes you should have the guts to start by having a self confidence to take risk but it is also important to know what coins you'll start with.
Obviously without a sound knowledge about your coins that you are working with, you are not able to make money and right moves at crucial times at all. For this purpose, you are supposed to read the whitepapers of the coins you are interested in, moreover read articles and news related to digital currencies and crypto market. In this way you will come to know about the trending coins.