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!
Im suppose everyone goes through this phase always and in the initial phase everything looks really messed up.
I am wondering, how did you guys get started?
Well, when I came into crypto first then I wasn't sure about the trading crypto currencies because it was not my choice. But eventually my friends helped me a lot during the trade. My first profit was 20-30% of the initial investment which made me go crazy about the trading stuff. So I tarted picking up the different techniques used by my friends. For example, investing into coin at early stages of ICO, investing into coins which are having lots of buzz around the forum itself. This way I grabbed some of the best coins and started trading them whenever the time was right.
Where did you get your info from?
Nonetheless the forum itself is best place to know about the coins info. You can subscribe to coin's social network where they will be making lots of updates and depending on what the prices sometimes fluctuates a lot. Also, there is blogs such as steemit and medium digest which can help you get most recent updates on the project development.
And how do you know/predict which coin is going to be profitable?
This is really dependent on the second point that I made above and obviously some of our logic is important to apply while predicting the things.