First of all don't panic. Second most important thing: do not listen to people who advising you to buy only one specific coin
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Some practical advice.
- Looking for freely distributed coins in the Announcements section could be a good way to pull yourself out from this situation. In the last two months I've got about 3 BTC worth coins for free... actually during the COMM hype a week ago it was close to 5 BTC. If you have some of these free coins wait until they hit the second or third exchange and then dump them. (The first exchange is too early.) When you collected some BTC on this way you can start some daytrading.
- Find some cheap, established coins with liquid market, high volume, low maintenance cost and then trade them. (Important! Always diversify your orders.)
...and the usual stuff:
- In an average trollbox those guys are pretending to be your friends but actually the opposite is true. BTT is the same.
- Thou shalt not get involved in announced pump and dumps.
- Forget about IPOs. (At least at this point.)
- Know the coin you trading. (E.g: after the DVC bounty payments you can always expect big dumps. That means good buy opportunities but it can mean that your BTC can get stuck in sell orders if you bought higher a few days earlier.)
- Don't be greedy. A small but sure and relative risk free profit in your pocket is much better than any "great earning potential".
- Always keep some money/BTC in reserve.
So in short, stick to free stuff and be careful with your existing money.