welcome to my nightmare! I diversified about a month ago, so far it's been both fun and profitable. I'll give you some tips that I learned.
Time flies when you are watching and waiting for an anticipated move, don't forget to drink plenty of water and get up and stretch and rest your eyes!
Also, polo can have lag issues during big moves, so when ready to sell or buy, have the price already typed-in in advance of your target and your mouse over the buy/sell button, don't wait till your target is hit to press that button, put in an order a few points in advance. 15 seconds lag can cause you to miss your target and have to re-type the amounts costing you a few or a lot of points depending on the size of your transaction.
GOOD LUCK AND HAPPY STACKIN'!
Thanks for the advice! That makes great sense!
always happy if I can help a fellow stacker in any way!
Can you recommend an alternative to Poloniex then (if time lag issues)
My friend who is also new like me but is also doing pretty well so far says bittrex is better,
we talk on the phone while we are trading sometimes and the price can vary significantly between exchanges.
When a coin is much higher on Bittrex, polo locks the wallet for that coin so people cant run to bittrex for an immediate profit, that's kind of shitty if you ask me, should be fair game.
I am waiting to be approved at Bittrex, I haven't traded there yet. I should be approved by now I will probably check it out today.
There is no perfect exchange until they make a smart-contract-run exchange, which I believe will be a thing someday.
Thanks raddog, will definitely check this out!!!