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I started trading with 1 Ethereum by buying many altcoins
with ripple being the highest among the altcoins I bought.
Within 5 hours I had gained about 50$ as profit. Basically I think you don't need a large of money to start trading, all you need is an amount such as mine 1 ETH, so you can easily monitor your profits and loses.Since using a large amount of money/coins could scare you off if you make some losses.
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The exchanges deserve to earn much money from trading activities since they provide a platform for trading. Cryptocurrency exchanges are integral part of the world of cryptocurrency, exchange sites play a crucial role in the successful functioning of the various assets or tokens used. Hence I think it is really cool if they earn much money from their hard work
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One may say ethereum is very cheap at the moment, from experience I want to differ from that assertion. I think this is the right time to HODL or invest if you don't have enough ETH at the moment
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First and foremost, it takes a lot of patience to be successful in the cryptosphere. Patience here means you need to develop the mentality of "HODL".Basically HODL means the ability to keep your coins even if the price falls by 100%.Hence it takes real patience to be successful
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The main reason of joining the world of crypto was to learn more about blockchain technology. But after several months I begun to fall in love with the digital currencies as it has really changed my life and and the people around me for good.
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