Bitcoin Forum

Hello all. im newbie on digital currency.
First i see yobit so many currency, i got confuse ald.

Then i see the topic here...omg...i totally confuse.

So can any moderator or any ppl can share where can got those altcoin information? even a list can help too..

seems that many profit on altcoin trading...

Thx....really confuse.. ???

My suggestion is better avoid trading on yobinet.You can trade in poloneix exchange which dont allow scam coins.You can also try Bittrex exchange. Lots of new altcoins are listed there.To know about an altcoin, just google ANN thread of that altcoin.You can get those details in bitcointalk.org itself.Be careful while investing in new altcoins as most of them are scam coins which is just pumped and dumped.

Don't get confuse with alt coins, that's why it is called an alt. And in yobit, they are the exchange that has the most alt coins in the market.

And most of them are just nonsense and no value coins at all, so you are making yourself confuse with it better not to use them as your trading platform.

I agree with you, what you are talking about is indeed very true, you better go in the trade poloniex or bittrex already look good for your trades. I am sure if you start trading no coins garbage there.

you need to learn more about trading first. then start looking for list of altcoins to invest in. and for the time being stick to investing only in bitcoin and nothing else. it is the safest option to save your money in and not to worry about the price that much specially if you go long.

but learning how to trade as in studying the basics will help you get started fast.

You don't need to confuse anyway. If you really wanna know on which altcoin you want to get an information you can keep continue reading on the forum thread like this or you can click this link that will help and give more knowledge about in altcoins https://bitcointalk.org/index.php?board=198.0 :)

Beginners will be very difficult to make money on this.
You will most likely fail.

What's kinds of altcoins? There are many altcoins right now, if you are looking for new altcoins you can find at this forum bitcointalk on announcement section visit this link https://bitcointalk.org/index.php?board=159.0 but becareful with new altcoins, they can become scam coins, more good if you want trading altcoins choose coins that has capitalization check on here https://coinmarketcap.com ,there are profit on trading altcoins if you can get constant profit from it don't forget it will not be easy  ;)

Indeed, given that the crypto scene is a zero-sum game, for people to make money, others have to lose just as much money.  This is why the crypto scene is looking for what's called "adoption".  It means more people coming to crypto, that will lose some money, so that others can win more money.  Without new losers coming in every day, it wouldn't be possible to make systematically a lot of money in crypto.

So the OP is probably very much welcomed.  People like him are needed for adoption to succeed.

even I am confused every time I see yobit. it is a pretty bad service which is always getting some random pump with completely fake volume and numbers while the wallets are disabled.


the information about altcoins can be found on the announcement board but for trading you don't need their information that much. you only need to see the charts and that can be seen from an exchange service that shows proper charts.
you can try bittrex or poloniex for that.
and also you need to be able to analyze these charts not just look at them and for that you can find general articles online about trading that you need to start reading.

making profit on altcoin via trading is very minimal and very risky, don't follow them unless you have a high experience in trading, my only advice is to buy new coin and wait for the pump, don't buy old coin, they are often already died

for altcoins trading bittrex and poloniex is the best options because they have huge volume support for altcoins and to get altcoin informations is not so difficult because there are so many Announcements thread at here you can read all of it however altcoins trading is not only profit because sometimes there is altcoins dumped very hard and most people losing their money

What do you want to know exactly? I would suggest asking a coherent question and we might be better able to assist you.  :P ??? :D

~~

If you want a long list of currencies, you can find that here: http://coinmarketcap.com/

You have to find out information for yourself, since time is money no one is going to do research for you. A good place to start to find out about altcoins is coinmarketcap.com,  which had lists of the top 100 etc crypto currencies. Also, you might wanna think about looking exchanges so that you understand basic trading graphs and concepts.

Look at some of the coin on the coinmarketcap and that's providing the better list about the coin. and some of the information about the coin itself.

it must be a headache for the benefit, and the need to check the page coinsinfo in yobit website to get more information, and read the description of the existing thread. Do not just choose altcoin, and I suggest to follow some of the ICO which will be out 2 months :-),

Dont be confuse in terms of altcoins. There are many altcoins listed which are really good to invest. You may visit coinmarketcap there are many altcoins listed on that site. And, I suggest not to trade in yobit as you can observe, many shit coins that are scam coins. Trade instead in poloniex, c-cex and bittrex...

And I want to ask you yourself, how does this your suggestion actually help him out? He is confused and wanted help where alot of people have actually offered some advice in other to alleviate his confusion. If you wont help then dont add to it. It would have been better if you had just pass by the thread since you have nothing to add than this.

Its true the forum is saturated with a lot coins but with proper understanding and time-taking you are sure of not falling into traps called 'the next big thing to take over from bitcoin'.

Yes, I recommend also to OP to visit coinmarketcap.com for coins performance and ranking to have an idea for market capitzation etc. Also you can visit http://www.altcoinwatch.com/altcoin-list/  for altcoin list or if you are in exchanges, in coins info they have link here on bitcointalk ANN page. Just browse and research.

Here really helpful advice was provided)
I also advise you to be cautious about investing in various ICO projects.

thx your coinmarketcap website. ^^
when i first time see so many altcoin, i don't know choose which altcoin to trade.
Then i want to know more about the altcoin information. It is not like the USDJPY i can easily find the news / information online.
So if somebody can share the information of the altcoin website would be better for me to know more about the altcoin.

Before you do trading, u will check which website to decide your trade?

  

thx clickerz that's the website i want. ^^ information for the altcoin newbie like me.

Hi ayers, got any website can show before the new coin is release ? ^^

Just like before ICO there's some website to introduce.

there are thousands of these altcoins already some of them offers the same thing over and over. it helps if you just invest to the ones very legit which are on top of these list http://coinmarketcap.com. if OP wants to trade coins, just stick to the ones listed on top, maybe up to 50 of them. forget the ICOs.

Poloniex is the best altcoin exchange, because it got the best volume, that's all. it's all about volume, if the coin has no good volume, it is an useless coin, unless the technology is really great and most people haven't caught up yet, then that would be a good opportunity to buy, other than that is just a big gamble.

Bittrex is good sometimes, since they get coins before polo.

You have a good explanation.i easily understand. thx ^^


thx your note ^^

To make him see the most essential aspect of crypto, which is that it is essentially a zero sum game, and that the idea that one "can make money from it" implies that others must lose an equal amount of money ; and that if you're new to the game, most probably you're on the losing side.

This is entirely different with a question like "there are so many cryptography texts and books, I'm confused, I want to learn cryptography".   "learning cryptography" is not a zero-sum game.  When one person acquires more knowledge, it doesn't mean that another person has lost that knowledge.  So there, every beginner can be helped.   It makes sense to "want to lift your confusion to learn cryptography".   But "wanting to lift your confusion to make money with alt coins" is something different.  You need to be warned that there must be as many losers as there are winners, and that, if you're a beginner, most probably you will be losing.

losing is also part of trading but like i said stick to the coins thats very legit and learn to wait. these coins drop like its going to dip down to zero but its really not. take eth for instance, last few weeks it was like 0.008 btc.

how u know the coin is very legit?

can have some sharing here?  ;D

Yes i know trading there's must be winner and loser.
And i just want to learn it.

As many ppl do trading, there's must be something on it.
So can u sharing any experience on trading?

thx...

Because you want to be a winner, or because you want to be a loser ?  Both are valuable.  Losers actually much more so than winners.  We only need a few winners, but a lot of losers.


Honestly, if you are saying this, don't you think you're on the losing side ?
Most people that trade, lose money.  Some people make a lot of money.  The reason why many people trade, and lose systematically, is that they are not capable of estimating correctly their own inability to do so.  It is similar to the Kruger-Dunning effect:

https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

there is a coinsinfo page on yobit. You can find there links to btt topic, explorer, etc

Hello! Maybe this will help you, someone finds answers to your questions here ;)
https://coinmarketcap.com/ (https://coinmarketcap.com/)