Newbie to Altcoins

[Sarah08]

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

As a full member of this forums Ive known many different strategy in altcoins, there are many coins that appears in altcoin and these altcoins are being popular now and being known, I think you should invest your time and knowledge in waves or ripples, because those coins will be the future or can have a strong currency when the time comes. There are many coins in altcoins so have a research, thinking in it.

[helars2008]

First and foremost you need to conduct your own reasearch of what is the best altcoin that will suit you best. Asking for other members advice is good but you must remember that at the end of the day the decision would always fall upon you.
If you wanted to take part on trading then you must understand the basic,  buy low and then sell high.
In order to be successful with this you must have patience and do not let your emotions overcome your thinking.
I have another advice with trading : Never lose money, meaning do not sell anything if it is lower with how much you bought it.

[Bagong91]

for a newbie playing altcoin it's a bit more dificult.
i sugest you focus improving rankings.
so you can follow bounty sosmed and signature camp.

[VTS]

for a newbie playing altcoin it's a bit more dificult.
i sugest you focus improving rankings.
so you can follow bounty sosmed and signature camp.

Here is how is started to trade:

1. Regularly read Bitcointalk forum
2. Check coinmarketcap.com for current real coin values
3. Check coinmarketcap.com history of coin you are interested in
4. Check the ANN thread of the coin on Bitcointalk
5. Many coins have their own blogs/ forums you need to follow to be up to date
6. At start choose coins that are already established and stable
7. Make yourself a portfolio of 3 - 5 coins for start
8. Do not jump in ongoing coin pumps, you never know when it will dump.
9. Make yourself a strategy for coins you will long term invest and maybe 2 gamble coins.
10. I recommend starting with Bittrex
11. Do not instantly sell your coins if they dumb instantly for no obvious reason ( research why)
12. At the beginning its better to aim for small profits like 5% - 10% +
13. Always keep some BTC to react when needed (buy)
14. Start slowly, take your time. 2 month in research and observation is recommended.
15. Always reinvest a share of your profit in your favorite coins and use a share of profit to gamble
16. Do not jump instant in new coins with big investment. If it looks promising to you start low and follow the progress.
17. If you advance and make good experience you could start to invest in icos, but watch out lots of scam around.

^^^ Good luck!

[arjen20]

you can visit this official website www.btc4buy.com and read all how it works.

[Soranith]

Try to visit coinmarketcap.com you can find all altcoins there after that research about the certain coin you think is good. I suggest look from top 1 to 20 you can check the Ann Thread of each coin here in bitcointalk there will be a lot of talks about that coin about the progress and speculation. After that its up to you to decide if you think that coin is worth buying.

[shohelalam]

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

Welcome to altcoin world. first you tell us what you want to know from here. Because you don't tell this clearly why you need usefull tips or strategy. you want to do trading, mining or anything..


First you need to research, learn, read, follow news before invest with any altcoin. if you want to more research then you have to enter altcoin discussion board and read every section in this forum. That's time your knowledge increase about altcoin.

Every time you wait for good time to buy your  altcoin. Always buy low price coin which have good future and follow good ICO project altcoin for profitable  and secure you future.


Thank you.

[Makka]

Here are my strategies. I hope these will all work for you. I do not focus on a single altcoin. I diversify my portfolio so that when a single coin will down in value the other one will be the redeeming factor if it is climbing in the charts. If the other one crashes at least my total value will not go with it. Aside from that, I follow my coins in twitter for some updates from their project. And of course, buy low sell high.

[cdog]

first you join in bounty campaign so you can understand what is altcoin and how to transact using altcoin.

[Kizaki]

My tip is to learn how altcoins work by reading different threads. From there, try to rank up your account by joining different discussions where you would gain experiences and information. As you absorb more information, you would by then learn almost everything you need.

Because you didn't say clearly your goal here, if you want to earn profit (of course) you should try joining campaigns and earn from there. Trading would also be good because it can grow your coins based on your skills and potentials.

[Rosma Yeni]

The first one you must raise the rank. you should often read in bitcoin forums to get knowledge about bitcoin, altcoin ICO ,etc.
you can get bitcoin from some prizes you follow, join signature campaign and social media campaign as you wish. thats all i can give u advice.

good luck

[asanezz7]

My tip is when the price of the altcoin you want drops go but it, then if the price skyrocket go sell.  So that you will get some profit, and it's up to you if you will use it to invest or just save it.

[onyek16M]

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

there is no tips. you just follow the rules and you will get altcoin
altcoin world more than easy and funny to get profit, you just follow the rule and you will get your reward

[SpearTackle]

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

I’ve been a junior member last week, but of course before going to a junior member I was once a Newbie. I really don’t know what are those alternative cryptocurrency, when I was promoted to be a junior member and it’s been really hard for me to answer the topics in Altcoin Discussion. Introducing Altcoin to a Newbie is a good foundation, when I was a newbie no one introduces me about the environment of Altcoin, I only know is Bitcoin. To all Newbie’s there who aren’t know about Altcoin and no one else introduces it to you, searching and reading more articles about it will help you a lot.

[FrankNoland]

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

I would recommend to you the strategies that I usually use to get altcoins and to mine altcoins. I spend bitcoins to buy altcoins on exchanges, most preferably bittrex. I buy when their values are low and sell when their values are high. The only reason I do this, its only that I believe that altcoins are the future of cryptocurrencies. If you apply this strategy, you might benefit or loose with in a few months/years. I also mine altcoins, I use this other user friendly application called minergate, you can also configure one on your PC. I use it to mine monero, ethereum/classic, ltc etc.

[leea-1334]

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

I’ve been a junior member last week, but of course before going to a junior member I was once a Newbie. I really don’t know what are those alternative cryptocurrency, when I was promoted to be a junior member and it’s been really hard for me to answer the topics in Altcoin Discussion. Introducing Altcoin to a Newbie is a good foundation, when I was a newbie no one introduces me about the environment of Altcoin, I only know is Bitcoin. To all Newbie’s there who aren’t know about Altcoin and no one else introduces it to you, searching and reading more articles about it will help you a lot.

I think we all remember how long it must have seemed to turn from Newbie to Junior but that slow progression was good because it forced us to read more rather than just post all the time. Reading is the best and natural way for us to learn. As people ask, and we ask, we all learn from the answers. And then we forgot about ranks and time just happened.

[sunno330]

The more you Read, the more you learn bro.

By the way. No problem.  here a lot of thread available,  u can try those one by one.
I think u will be able to understand..

[maydna]

the good tips is we need to learn many thing, we can read from here or other sites so we can have many good informations which we can use for investing, trading or other else. actually the next question is what you want to do with altcoin? do you want to earn by free or by buying in the market? or you need to know how to find a good profitable coins? because we don't know what you need and what you want to know except we all know that you are new in altcoin. i think its better if you can tell us what next you want if you know that there is thousand altcoin has been released in coinmarketcap and each of coins have big fans.

[RieL]

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

You can be make your own strategy but i recommend is to sell high buy low.when you see a dump sell and the dump sell end buy again like right now.this is the vootom for the bitcoin but that you dint regret doing.its is hard for alt coi s because alt coins nore pump abd dump than bitcoin.you can also buy some cheap coins without taking too much risk and wait for pump 2x - 10x then sell and repeat with another scam coin this works for my research

[Jalum]

A good coin has something unique, has a clear goal / roadmap, and doesn't ask for a shitload of money through an ICO before being able to show anything.

A coin does have to be unique. There’s a bunch of altcoins that are trying to become the main competitor against Bitcoin though they can’t really do it if they have no originality. That is why we don’t really see the coins that have Ethereum-based system reaching the top 3 in the charts.
A goal is also something that is needed in a coin, with their main purpose given to the public. If the public doesn’t know what the coin is about then there would be much less things that the community would need to work on.

Not every coin needs a roadmap, considering that they can just release everything that they have once they launch.