Thank you all for your great advice here. I have a lot to learn about trading and what to do to start making profit but I think it will be fun to educate myself on these topics. Hope to be able to come back on here to talk about my success in the future.
Before starting trading, keep learning and use demo trades for some time. Learn some strategy and then make out the plan as how much amount you will invest, trade etc. Also diversify you trades in different coins rather than just be concentrating on one coin.
What I like with exchanges right now is that they are acquiring the demo trading feature on their platform, not for us that is already familiar of the market though but for those who want to test drive the cryptocurrency trading. Way back then, there are only several trading platforms that has demo trade feature that is maybe why lot of people tend to lose when they first enter the market without practice. Diversify the trade? what do you mean by this, I only know diversification of assets, it sounds like really risky for me.