posted on Nov, 30 2013 @ 03:46 PM
I wish to begin trading in cyrtop-currencies, please give me some tips or information on how to start, any replies will be appreciated, thanks!
All cryptocurrencies are shown in real time here
just click on the link of any cryptocurrency and you will be redirected to its homepage and there be informed everything about said currency.
As you see in the charts, when Bitcoin (with the biggest market volume) moved, currencies like Litecoin moved too but its a lot cheaper. Dont go for
the cheapest. go for the top five and follow the charts.
But u need to study before you and buy anything at all. My main advice is following;
Buy a currency and do it for the long run (at least a year saving) without speculating it (fast buy sells).
As an example let me tell you about a friend I have who around 15 months ago purchased 40 bitcoins for around 400 USD. As he became skiddish over the
volaitlity on the market he sold his coins and thought to hell with it. He got lousy 200 USD. Today those 40 coins are worth 40,000 USD!!! I can
tell you he is not happy
So u see...
My advice is to buy Litecoins and those just under it on the list and save them. Those who survive the market volatility will be worth a load of
money, the rest will be gone.
edit on 30-11-2013 by johncarter because: (no reason given)