Quote from: Jaya912 on December 23, 2017, 01:21:28 AM

Quote from: Mi5h0 on December 12, 2017, 05:07:09 PM

Quote from: kuronokishi10 on December 12, 2017, 01:43:38 PM

I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.

Dont buy small amount in many coin? It can make our trading more risky. Put the ball in many basket is better i think to reduce the risk of trading.
In this case, you can reduce the risk and also you can reduce the chance to get high profit.
Now decision is yours. Want to get small profit with small risk or the other turn.

Or you can lessen the way you diversify. Lets say put in 2-4 coins that you really believe in. This way you can closely monitor prices and easily gain on the ups and downs of that market.