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RE: A very personal guide to altcoin-trading - Part I

in #cryptocurrency7 years ago

Good information. I new in this of crypto trading. I made a portfolio but i don`t know when to take profits. For instance one of mi altcoins raise 70% and keep and in two days it was down and lose the profit. its difficult to make decisions to keep until a few months or sell. What you think.

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This is what I will discuss in the second part. You have to set up a general strategy when you buy the coin and should try to stick with it afterwards. You should anticipate such situations beforehand and should have a plan at hand which you would follow. But as a general advice as you are new: I wouldn't go too much for day-trading. This really is demanding and requires some experience. Otherwise you will miss many opportunities or you will sell for loss.