Hey Guys I started buying coins on coinbase bought my first legit coins on coinbase. Then I moved them to cryptsy. I gained .040btc from trades on my 3rd and 4th day. First day i got .010 next day .007 and then lost .016 same day. Its legit even though all the negative comments about it. So try it out and you can use my referall trade address. Don't think about it just try it...I got .092 starting from .050 in four days (learning also how to read the charts being more and more successful at it) now I added some more btc to my trade account to make more.
cryptsy: 4bae7ba0975340339bd3816f946133d93b1c6cd3
Please tell us more about how to trade, when to buy and when to sell. I am in AUS so I can't verify my account as I don't have a US bank account. I am trying to figure a way to get around that.
I took it on pure luck lost .20 next day being cocky with different trades. I'll tell you something I don't understand cryptsy's market depth chart.
What I learned on the way was (PS IM NO PRO AND THIS IS JUST SOMETHING I SAW MYSELF LEARN AND I PROBABLY LEARNED MORE THAN THIS BECAUSE I AM BETTER AT TRADING BUT STILL FEELING LIKE ITS RISKY AND SOMETIMES HOLDING JUST GETS BORING lol)
Check under "trades tab" Look at which recent trades are closer to low and then click on those
Then look at chart how it has been going (the wave) It's really unpredicable considering so much altcoins. But you kinda research what people are liking. What benefits (mining block rate) and how much are existing.
Then look at green bars on the chart (that is the volume) which basically shows if people like the coin or is the green bar disappearing. People getting bored of it. (sometimes you can gamble still and just hold)
YOU HAVE TO WATCH BTC MARKET if it goes down quite a bit other altcoins do to. Make sure your not holding the coin that is going to go down. get rid of it because theres a high chance price will drop.
IDK theres definately more. But experience is best. Learn while trying. Thats how I did it. Lost and gained now I'm trying to get on NXT currency because this could be the next great thing. It's new (NEW FEATURES NOT COPIES)