When i start investing on cryptocurrencies I only use few dollars.First time I have invested 0.008btc (6400ETN)on Electroneum ICO.And when electroneum gets listed on cryptopia i sell my ETN at 0.00001200sat each ( 0.0768BTC) My money was doubled many times over.So after i sold my 6400ETN at 0.0768BTC i bought some undervalued coins like XLM,XVG,XBY,DGB.I diversify my porffolio for each of them.So far I have earn a lot from these coins multiples times.I bought XLM at 300sats,XBY at 250sats,XVG at 200sats and DGB at 150sats.See much profit i get now.But I'll suggests it's safer for beginners to hodl.Buy and Hodl.I hope my tips could help for beginners.
BUY and HOLD is one of the best (if not the best) thing to do here in crypto. Why? Cryptocurrency is volatile enough to rise and to fall---gain and loss---to increase and to decrease in just a short span of time. But if you're going to buy and hold token/coin, you should buy and hold a token/coin that has potential or that is already on the market and currently active
Trader’s viewpoint:
I suggest, you should have actual analysis base on facts and concrete evidences that will show a fluctuation of trades, otherwise it is all bullsh*t. There are long game e.g., 40% Long-Term, 25% Mid-Term, and 35% on-hand currency for quick flips. If you are looking to capitalize on small percentage gains (1-10%) by trading a lot with a decent amount of bitcoin, there are coins designed for just that purpose (do your research). As for those short-term 5,000%+ gains, ironically, that requires a bit mid-term strategy. I do not usually advice putting a bunch of coins on these all at once; you will likely lose your money or scare off the pumpers. Accrue gradually with small amounts that will not make the price fluctuate much and keep in silent, the more people you let know about it will likely smashup your investment, best to do these so you know whether it's stable enough, observe.
If you see pump activities, put more on right price before it takes off. When those coins that are going to sprout up in the next couple of days, most are nearly impossible to tell with more than an hourly notice, you pretty much have to stay ready and always observe the markets for coins that were not on the radar beforehand. Remember to never set single sell walls; divide it up on multiple prices, the lower the amount on each price the higher probabilities you have of it being sold. Try to stay under 0.10btc per price on high volume coins and 0.05btc on lower volume coins, might suggest spreading them out deliberately for you to regain your original investments early on and still have free coins to play with.
Might as well, trade on high-volumed exchange. An active and high-volumed market is the best spot, for me.
Show Posts
