Post
Topic
Board Altcoin Discussion
Re: Any Crypto Newbie That Also Find Altcoin Trading Difficult
by
happietappy
on 20/09/2018, 19:07:59 UTC
It does not take much as long as the coins are listed on exchanges, you just have to find out where the coins are listed and make sure that you have an account there. Then just sell the altcoins that you got from the airdrops and bounties for another coin like eth and bitcoin and then transfer those bitcoins to the wallet that lets your sell your crypto to fiat and take out the money
Wish it was that easy cause most of the time when a new coin arrive on exchange, prices will go low due to dumpers, if you sell, you might loss money. if you don't sell price might not pick up and might even go lower

trading is not the same as buying and selling and how easy that is. you may had had access to the easiest way to sell your altcoins for fiat directly and immediately but you still wouldn't have been able to earn any profit because that requires expertise.
it is not about buying some altcoin that is on top and bag holding it hoping it gives you profit. it is about knowing which coin out of the 2000 altcoins to choose at any time and also more importantly is to know when to dump that altcoin you bought instead of bag holding it while it loses value since whales dump on you.

I couldn't agree more, knowing when to hodl or dump is something all newB must learn before thinking about trading. Unfortunately for me am still learning and just currently guess and follow my instinct Smiley
of course difficult but if you learn how to trade with altcoins you can earn lot's of satoshi daily.
Thanks for your opinion