Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
Hi there Phoenil! Before you enter the world of trading, you should have knowledge regarding this activity. Prepare yourself about cryptocurrency
2) Which platform should I use?
There are a lot of platform choice the platform that makes yourself comfortable and easy to do the trading.
3) How can I analyze the Altcoins?
To analyze the altcoin, you should read the whitepaper and study how it works. Check their platform to the public. What is the purpose of your choice altcoin
4) Auto or Manual?
Auto and Manual is excellent. It depends to which you make yourself comfortable.
5) From 1-10 how much is risks in trading Altcoins?
For me 7, because all the coins on the cryptocurrency are too risky. Mostly bitcoin, Ethereum, and Litecoin