Post
Topic
Board Beginners & Help
Re: What are the basics of trading?
by
DanF20
on 23/01/2018, 15:21:50 UTC
If you were new to trading, charts, markets, etc.. Where would you start learning the common background and basics to be able to at least know what you do, not yet to know how to make profits.
There are a few different things you need to keep in mind when selecting a cryptocurrency and the market valuation is probably an important factor. Large cap (top 5 coins), Mid cap – anything bigger than $200M and the Small cap anything smaller than $200M.

Don’t make the mistake and buy cryptocurrencies just because they are cheap and trading at 1 cent. It’s highly unlikely that a 1 cent coin will go up to $200 because the actual dollar value per coin doesn’t matter in the grand scheme. It’s the market valuation that counts.

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