Newbie to Altcoins

[AleSergio]

Looks like I see it's very important to get to know Altcoin as a beginner like me, and I've read the posts on this thread a lot of suggestions, this is very useful for me in the future.

You can just look for some advices, which you can find on this forum. For example you can find some topics where people suggesting some coins to invest in and start investing some small amount to see how it goes. Best learning is practice and try invest =)

[cahkalem]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

1st i want to say ,, make your own research on altcoins,,
go for 10 alt with huge marketcap and volume,, one by one if you do that,, i believe you will know ,, what altcoin that good to for longterm investments.
then, look at for the dev,, is he active to develop their project or not..

[ged00u]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

only 1 word: Hodl. YEah hodl not hold. Hodl is more meaningful than hold and it will emphasize this word more than 10 time. Hodl your coin for a long long time and you will earn x10 of your capital

[bettercrypto]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

only 1 word: Hodl. YEah hodl not hold. Hodl is more meaningful than hold and it will emphasize this word more than 10 time. Hodl your coin for a long long time and you will earn x10 of your capital

That is if the development is delivered and/or the coin is on pump.  Though I agree hodl is a way to go if you want to see an exponential growth of your investment in altcoin but the question here is the time when it will happen.  This need patience and right timing so if you plan to hodl start monitoring your coins market the moment you bought them.

[Ewox]

Tips I could give you since you're a newbie is research first about altcoins, then pick the top 10 alt with huge marketcap. Decide if you want to go for long term or short term in trading, or you can HODL if you want too. Do your homework first on the altcoins, that's whats important.

[PhoenixWarrior333]

Thanks guys for your advice on Altcoins.
Maybe my question didnt cover enough or wasnt specific enough but i can work with almost all the advice you gave me. My main goal is investing/trading.Correct me if im wrong.. but it seems like impossible to predict this market

Damn straight mate, nothing can be predicted with altcoins pricing yet alone bitcoins, it is a game of chance in the crypto sphere.

For instance a coin that you mined might not be added to an Exchange (Or good Exchange) ever, for a very long time or by chances straight away/good tech, then comes the whole part of Buyers and Miners trying to get the best price on each side, TBH it all comes down to emotions when you have money to spend + the news or hope talked about, learn how to play on feelings and you will fit right in

[arbitrage]

All those comments are good and you can find a lot of wisdom in them, but take a look around, we are here because it is profitable business. This is our small Wall Street where we can earn money multiple ways, trough gambling , trading, services..Best part it is ease, and if you like to learn then you wont have any problems.
Crypto is maybe even better than Forex because you have more freedom and it is 24/7, it has more opportunities and in most cases you just need to wait, and you will win. (You are on lose only when you sell.)

[baemylady]

good suggestion for you: develop your account and join altcoins campaigns, you will be able to understand how altcoins world. Good luck

I'm also new to altcoin may i ask where are the threads for altcoin sign. Campaign so i can study about it and to learn about altcoins

[umbara ardian]

I can only give advice, when you want to invest in altcoin, there are obstacles you find out first before you buy altcoin, ordinary experts to buy altcoin is down, now now when you take the opportunity to buy altcoin whose price is down selling when the time Altcoin ride.

[sulendra12]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

Don't be panic with FUD by certain peoples to make the coin crashed and don't be panic with panic sell suddenly that's normal in cryptocurrency market. Also make sure before you do any action on crypto market (buy or sell) try to search their ANN thread and track the progress of that coins. So you can predict which coins will be good or shit project.

[Yuuto]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

What i can say to you as advice is if you want to make a profit off altcoins you either have to invest money into an ICO or catch a project which looks great and start mining their coins as soon as possible. Altcoins can be discovered in a day and get pumped. If you don't want to take the risk then buy a trading bot with a proven track record like gunbot.

But don't get greedy when you make a profit, sell the coin off for bitcoin or USD again asap.

[Urban Crypto]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

I agree with much has been said above.  Just be careful to diversify, don't put all your money in one place.

[JosNekoKopa]

If you don't want to take the risk then buy a trading bot with a proven track record like gunbot.

Bots are not smart and can cause you big problems, that requires lot of experience so i wouldn't this recommend for newbies. Especially if you don't have bigger bag.

don't put all your money in one place.

Yes i was few time in this situation and i tripled my holdings and this feeling can't be compared with ordinary smart trades. This is gamble but whole this altcoin world is one big gamble anyway.

[sujonali1819]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

Ok I'll understand. There are many ways to be profitable on altcoins.  If you buying altcoins, you should not enter it with emotions because emotion could affect a lot on what you doing in altcoins to earn some profit. And you need to have a friends before doing a move or action so that it will became good.

yes you are right.i also suggest you to control your emotion.or you loss and loss your money.you should control your emotion and must have patient.i hope you understand

[cerejobastos]

guys, not causing FUD, I actually invested in some of these.

https://hackernoon.com/ic-no-1a9c0f786926

Various projects were evaluated and this guy compiled some here which he found to be the worst.

Includes mentions to the Golem (GNT) token, seems like it has no value attached to it, he mentions ICN, MLN, GNO, SingularDTV, Round, DigixDAO.
Just check it if you feel like it matters.

Hope I am helping someone here.

[Nanda Dewi277]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

Don't be panic with FUD by certain peoples to make the coin crashed and don't be panic with panic sell suddenly that's normal in cryptocurrency market. Also make sure before you do any action on crypto market (buy or sell) try to search their ANN thread and track the progress of that coins. So you can predict which coins will be good or shit project.

Yes it is very true, do not rush to sell your Altcoin when the price drops suddenly, try to find information first before selling or buying a coin.

[Red-Apple]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

the most important thing that you need to know about altcoins and investing in them is timing. if you can master it then you will make a lot of money and if you ignore it you will lose a lot of money without even noticing!

you need to know when to go in and when to get out.

when you see everyone is screaming "BUY" "to the moon" ,... that means it is already too late and you should take that sign to either dump if you have any and if not to stay away.

and when everyone is saying "DEAD" "DUMP" "what is happening and why is it red" that can be a good chance to buy in some situations.

[cryptoluis]

Hi guys,

Thanks again for all your tips, they really got me started as well as my own research now. But it seems like some of you got a bit agitated or irritated with my 'newbie' question and saying i have only 2 posts written and that i am lazy.
I have to start somewhere, and maybe my question was not the best question or a newbie one but yeah i was a newbie and I dont have the time to post all day. Everybody got started at 0 as well so cut me some slack please

[PhoenixWarrior333]

Hi guys,

Thanks again for all your tips, they really got me started as well as my own research now. But it seems like some of you got a bit agitated or irritated with my 'newbie' question and saying i have only 2 posts written and that i am lazy.
I have to start somewhere, and maybe my question was not the best question or a newbie one but yeah i was a newbie and I dont have the time to post all day. Everybody got started at 0 as well so cut me some slack please

You haven't posted since the time you have been here last, get active brother

[satria33]

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you?

If you want to trade in altcoin, you should do is buy cheap and sell at high prices and you can use 3 buy order to anticipate if altcoin you buy in dumper