altcoins are very dangerous, the person runs a high risk of losing all money, I gave several times the example of siacoin, a lot of people kept saying "buy siacoin that will go to the moon", well many people bought when the price was 300 satoshi, 500 satoshi and 700 satoshi. see the current siacoin price: 0.00000063 BTC
https://coinmarketcap.com/currencies/siacoin
a huge loss, glad that I heard a guy who posted a good comment on the Altcoin Discussion and at the time I sold my siacoins for the price of 300 satoshi
https://coinmarketcap.com/currencies/siacoin
a huge loss, glad that I heard a guy who posted a good comment on the Altcoin Discussion and at the time I sold my siacoins for the price of 300 satoshi
I am someone from that many people who bought at higher price. I bought sia at 584 sats. I think I will die before the price reaches over 585 sats again.
It was my fault, I didn't sold when I had good profit. I wanted more profit and that was the killer greed.
I don't know what happened with me at that time, I just broke my own rules and now I am suffering with current result.
@Op
You can start with Bitcoin & ETH if you know less about crypto trading. It will help you as beginner because bitcoin & eth is the most volatile coin.
Altcoins are also not bad if compare with profit percentage, but you need to have the ability to choose the right altcoins.
Good Luck!