It's not just the trading volume. I use btc because I simply always have some and it's easy to send them on some exchanger like bittrex and start trading. As for dollars, I'm not living in the USA, so this is a currency which has to be converted to the local currency and actually the rates are not very nice right now. Moreover, I don't have any debit card with dollars, so it's rather difficult to send them on an exchanger. And to this one last thing should be added: yes, bitcoin is currently dropping, but in general it is always growing.

That's what I thought before I tried trading short-term. Maybe it is just the case with me and doesn't hold as a general rule but, as my long-term investments turned our to be rather successful and giving 4x-6x profit, my attempts to make fast profits are not doing well and for now I lost about 15% of the invested money. Perhaps it was just a bad timing but after the big pumps all the coins suddenly started (and that still continues) to drop. So, I guess making 2x profit is not as easy as you maintain it is.

That seems true. If there were no ico bans in China I guess we could've safely named neo as the coin in which the money will flow. Unfortunately, without Chinese support I believe it cannot compete with ethereum anymore. I think that money will stay in eth as long as new problems (like the need to switch to pos which is always there somewhere awaiting for us) don't appear on the scene. The only other option that comes to my mind is Waves, because it is also rather useful for icos to be built on.

Where have you heard about the project if there's no info on the internet about it? When I searched for crypto tickets I only got information on TIX (https://coinmarketcap.com/currencies/tickets/) and some strange company which is not new as well (http://www.cryptotickets.com/company.html).
What exactly is this project about? I can't find a single link on it. And, as marketing is among the most important factors of success, I guess this project is not worth our time anyway.

I want to confirm receiving the payment! Thanks a lot to Enjin team and Decoded!

My God, why do you need such a low marketcap? You question made me look at the pages on coinmarketcap which I never open! I'm on the third or fourth page and there's still nothing less that 1 million dollars. Okay, I suggest to look at applecoin. It has $13k marketcap and $140k trading volume which is rather impressive! It is made for IOS purchases if I'm not mistaken.
I would recommend to invest in coins with such low marketcaps anyway.

Coinmarketcap is a great website but even there you can see different lists of coins depending on what you are interested in. The first and main list is related to market capitalization, but you can also sort coins by price, number of coins or volume. The last option might be a big use for traders. I think it's one of the most important things to know whether the coin you plan to trade is traded by others.

It truly is a wise decision. It was nice of you mentioning giving some of it back IMO. I guess $4500 is the kind of money which is a lot to simply spend it on life and too small to make a real difference (to buy a flat, for example). That's why I would rather hold my btc for the better times and cash some whenever it will really be needed or if the price reaches $45k. For that price one can buy a modest two-room flat in a good district in the capital of my country.

Nah, most of developed countries are rather liberal and democratic. Such a law will cause major protests of people as well as huge companies that can lose their money due to such actions. Those countries which will perform such actions will simply be crossed out of the most influential ones. I think btc as well as other coins are safe.If these people on top are smart and really want to get lots of money, they probably sell fiat and buy btc for it as well and they won't do something that may hurt them.

Well, theoretically you truly can customize the fees and make them as low as you want, but in fact there is some certain minimum for a regular fee and when lots of people perform transactions this minimum can be rather high. Of course it is not likely to be 0.001, though. But something like 0.0007 is likely to be seen, especially if you transfer small amounts of money.

Yes, that's right. Bitcoin is mostly just out of the law. In my country it is out of the law as well, but we have some law saying that all kinds of money which are not registered in proper way and approved by some institution are illegal. That's why we even had some arrests of miners, but in general nobody cares  about btc here.

That's not true. Countries with bad economic situation and high level of poverty could've benefited from btc. They could gather taxes etc in btc and thus become one of those big holders that will eventually get really rich because of it.

Yes, doge doesn't offer the things other coin do. Yet somehow lots of people really got used to it and it is one of the most used cryptocurrencies in the world. Add to this the fact that doge is fast, secure and has very cheap transactions. This means that it does have a future even though there are better coins and it has this unlimited supply problem. Let's look at a coin which is worse than a lot of others and is still #1. I'm talking about unstable not flexible expensive btc which doesn't even allow to perform smart contracts. Yet it is and will be the best for a long time.

I am not good at short-term investments but as long-term (6 months+) I would suggest litecoin (still not as expensive as it can be) - 10%, IOTA (has big chances to become worth 10-50 times as mush) - 30%, dogecoin (it's always been around, good and underestimated coin) - 5%, ripple (banks are still likely to support it more) - 5%. I would really withdraw 30% and go travelling on them and leave 15% in btc. Other 5% are for trading.

Ι think the third one is not important in trading. One has to be a good trader and that's it. In such kind of business, if you sell apples you don't need to love and be expert on apples. You just have to be sure people will buy them. And people don't always buy the best. Indeed, people buy something a lot because of other people saying that it's worth buying.No, I guess if you're doing good you can increase your funds for investments from the profit you made. It's just that mostly profit is not high enough, whereas additional fiat might help to earn more.

By the way, I think a very important question is whether you are obsessed with coins and money in general. You have to be rather calm and cold about coins to be a good trader. Otherwise you will not overcome your losses and won't sell coins when necessary.

Maybe I got you wrong but people were writing about selling btc for fiat, whereas I really thought that you meant exit in trading. I think it this case it's best to decide the profit for each coin in advance and maybe just set them for sell right after buying on the prices you expect them to reach. If you invest $100+ then I guess even 15-20% profit is really nice. If you are a small investor - aim for at least +100% for it to make sense. This strategy will help to win from trading and minimize stupid losses.

That's a true surprise for me! In the news it is said that China just wanted to protect the investors, not scare them off and ban icos just for the sake of them being banned. It still means NEO will suffer, at least for now, for lots of icos probably were scams but still pumped neo. Anyway, this is great for the market in general, for icos might start becoming fully legit and recognized from now on. Yet in the news it is said that Chinese major officials didn't say a thing, so they might change their mind.

Yeah, maybe that's why it was so hard for me and I still didn't manage to do that properly. I once bought eth and ltc, these investment went out just awesome but still I thought it would be nice to try trading on daily basis. I bought some coins and found it hard for me to sell them when they grow and it's really not that easy to guess which to buy! For instance, I bought adx, because everyone said it will pump in about a week but it was falling down since then.. You're lucky you made profit with neo, I guess most of people considered in long-term and lost a lot.

Well, when the craze will die in countries like USA or China, it will only begin in small countries. Unfortunately, that's what I see in my country. Most of people don't even know cryptocurrencies exist but I've already accidentally seen a job offer on helping to launch ICO and found out that now one ico is launched at once! And I'm talking about Ukraine! I think we'll soon see icos from countries of which most of Europeans and USA citizens have probably never heard.

Even if this info has no proof (I didn't see anything when I searched for it), there are great proofs of icos being banned and thus I agree that NEO might do some final agonist price pumps but it will die soon anyway. We can see the green market right now and basically, most of coins are recovering from the news. Yet this doesn't hold for NEO. And I guess investing in icos built on this platform would nowadays probably be the worst idea of all.

OP, I agree with most of your posts but I believe a good advice for a beginner will also be to watch videos about coins on youtube from time to time. And I really don't get your #15 advice. I think recommending a newbie to gamble with some of the earned money is a rather bad advice. Moreover, you talk about investing the profit one made.. I believe some profit has to be withdrawn, for otherwise there's no profit at all.
I think low cap coins are just too risky for one to invest in them, you know. They can be pumped and dumped to easily by their creators. It's better to invest in big cap coins, they are generally more stable.