Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Whenever you want! As long as you can get ride with the market. But if you think you not yet ready, you should not trade or you will lose a lot of your own capital. Trading will change our life but we must have the wisdom so that, we know the barriers and problems that we will encounter. As long as you do not ready, practice trading and when you know you planned it, then enter with the market.
Trading low volume altcoins is one of the most difficult things to do because those coins can be easily manipulated by those that have money to move the market and they can be manipulated also by groups of people that dedicate themselves to pump coins, and you do not want to lose your money in a coin in which you do not believe in because that will make your losses even more painful.