Post
Topic
Board Trading Discussion
Re: Altcoin trading
by
energycom
on 27/05/2018, 14:00:02 UTC
Even if your capital is small if you handle it very carefully it may lead to huge that can change your life and your family, but it takes time to learn and understand so you need to burn some time for you to fully developed it and when that time comes you will surely earn money for yourself.

$14 can change your life? Perhaps you will just buy tickets in the lottery so it can change your life and family. That is not even enough on fees transferring your fund into a trading site. There are also trading fees although low but withdrawal fees especially on bitcoin and eth right now is also expensive.


We can't compare trading by chances like the lottery games, because that's gambling. In trading, even if we have huge amount but you don't have the knowledge you'll be wasting your capital without earning profit. If you trade doing like day trading, I think its not a good idea due to volatility of the price that might make you panic in the long run.

Some people experienced crazy pumps with the coins they had and they started to see trading as a lottery of gambling. This is very bad for the whole ecosystem because trading is a professional job and it requires exact skills.