Post
Topic
Board Trading Discussion
Re: Altcoin trading
by
Viscore
on 17/05/2018, 06:44:40 UTC
I am a newbie to BTC field.I have little little bit of BTC amount(around $14).Is it enough to trading altcoins.IF it is what are the sutable altcoins
If you want to buy some Altcoin I suggest to choose Altcoin which has good potential in the future. Maybe I suggest you buy some Ethereum then you hold it for years. This will be a big advantage for you.
Among altcoins, there are many other potential coins other than ethereum such as neo, waves, litecoin and so on. All these coins perform well after bitcoin and holding them has been profitable to many altcoin investors. We have variety in altcoins and it is not easy to choose a coin you want. You need to be very careful regarding the purpose you want a coin. If it is short term trading, go for ethereum.
True, those coins has a good future potential as well, we can diversify on those and not just rely in one coin.
The market is unpredictable, nothing is certain so we need to minimize that risk by invest in different coins, in overall coins that are listed
in the top 10 are profitable, so that is favorable to us.