I don't trade, cause I don't own yet.
But I think from learning it's best to buy when no one else wants to buy. And sell when everyone wants to buy. Exceot you have a ton of cash, then trade like a whale.

It is quite possible to be replaced by another coin if that coin has a more active community to support it.

Create a Bitcoin wallet. Nowadays, buying and selling BTC is very easy, even for those who have never heard of the currency. The first step is to create a virtual Bitcoin portfolio. As the name already suggests, your wallet is a digital account that facilitates all types of transactions, such as buying, storing and selling BTC; think of it as your bank account. However, unlike all the bureaucracy required to open an account at a physical bank, opening a BTC portfolio takes less than a minute and the procedure can be done all online.

ICO is worth investing in. You could also convert it to other coins which are growing and rise with it.

Firstly, it us 'an' idea. The fact you thought about it doesn't mean someone else can't. Great minds they say, think alike.

Theres more to an idea: Process, plan e.t.c.
You have to put it all together, in order to create something. If someone dude it first cause maybe you face too much away. Fair play!

It's not the most propitious time. But, if you are to get in you can as well join now.
I believe the value dropped to carry others along.
Make sure you do your research properly.

"When you see a bandwagon, it's already too late to join".
Be a fast follower. Buy(invest) when there is little activity. And sell out when it becomes a hot cake.
And don't be sentimental.

Having seen the massive rise of cryptocurrency prices in the previous year, I have seen that if one gets a coin at the right time and holds it before the prices pumps up, there would be huge gains. But then, the frequent bearish attitudes of the markets also affords one some gains.
Among these two strategies, which is better and which do you recommend?