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At first, inexperienced traders shouldn't think about profits, they should spend their time to gain as much knowledge and information about trading. After spending a month or two, they should start trading with a small amount, as they gain more experience they should increase their investment.
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Well, there are a plenty of options to hold your coins, I am using myetherwallet to hold my coins. It is very easy to use and safe too. You can use it with metamask for added security.
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Currently, I am using Binance and i believe it is the best exchange out there now. Very competitive fees and you don't have to verify your account to trade there.
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There are a plenty of resources online to learn trading, one of the best is the youtube. It has a lot of videos about trading, you can watch those to learn trading.
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Well, day trading is not that easy, as you have described. It is a very risky thing, first you have to gain tons of knowledge and experience, if you want to be successful in day trading.
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In my opinion, crypto trading would be more profitable in the long run, but you have to gain experience only then you can gain good profit. As far as, online betting is concerned you have to rely on luck there is nothing you can do about it.
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#Proof of Authentication
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#proof of authentication
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I believe that cryptocurrency investment is very profitable in the long-term, so it would be better to invest a decent amount instead of keeping funds idle into the banks.
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I think that most airdrops are a scam, only a few of them are genuine, but very low profitable. I have participated a lot of airdrops, but most of them turned out to be fake, as i didn't receive any coins.
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I believe there wouldn't be any bull run in this year, as only a few days left, so it is most likely that the market would recover in the first quarter of next year and i also think that the next year would be better than this year.
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In my opinion, new exchanges are not reliable, there days, many exchanges are coming up in every other days, but most of them fail to attract traders, as old exchanges are still there first choice.
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Well, in my opinion, it is not the right time for day or short-term trading, but is certainly is the best time for long-term investment, as the price of most cryptocurrencies is very cheap now. Invest in some well-known coins and hold them, it will be very profitable in the long run.
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