I've watched the markets and know a little about the nature of crypto. What you wanna do as a trader is the opposite of what everyone else in the market is doing. So right now everyone is selling so it's your time to buy. When the dump is over the price will come back up and thats when you sell. It's a judgement call but I think crypto is here to stay so I say hold till you get a clear sign the bull run is over. You need more than one bad day to make the right decision.
@white420 - thank you! I am learning LOADS about cryptos right now and still don't have a lot down. My education is in finance/digital marketing and I'm making waves in the US equity crowdfunding space. Staying stealth on this account, but am learning more about cryptos in order to further develop the startup/investing ecosystem infrastructure. Right now, I would not want to see ANYBODY without a high level of financial literacy trading cryptos like this. I totally understand the concept of buy low/sell high, but even the global foreign currency exchanges (trillion $$ day market) don't have so many different liquid assets and currencies...this is amazing, but very hard to read. I firmly believe this is just a hardcore wave (praying) of BTC buying, but do not personally have experience with crypto trading and I'm still working on finding the most legitimate sources of information for coins. Seems like the space is BLOOD red when it comes to coins fighting over the same technology and I guess this is a big lesson learned - gotta do my research before I go and hold a bunch of alts. Do you have any tips on where to find the most legitimate information about coins?
Currently use:
CoinMarketCap - for coin discovery, charts, and links to other info - etc.
Twitter/Facebook - seem to be the first place I look for info in terms of general public social proof. My thoughts are, if the crypto has current posts and somewhat of a following on the largest social media platforms, it's a good sign the team is at least attempting to communicate with the community.
Reddit - is the next platform I check because the cryptocurrency community tends to gravitate toward Reddit.
BitcoinTalk.org - I go here to check on the activity further in order to see if the team is updating the core following a little bit at least.
CryptoCompare - as an overall resource
ICOs
Smith + Crown
ICO Alert
ICO Rating
CoinStaker
CoinSchedule
Woah, didn't realize it would be this long! Thank you in advance for your time. Love reading insights from more experienced community members!
Right on, much appreciated! Are you seeing something similar on your end? Or were you smart enough to foresee? Haha.
I've watched the markets and know a little about the nature of crypto. What you wanna do as a trader is the opposite of what everyone else in the market is doing. So right now everyone is selling so it's your time to buy. When the dump is over the price will come back up and thats when you sell. It's a judgement call but I think crypto is here to stay so I say hold till you get a clear sign the bull run is over. You need more than one bad day to make the right decision.
@white420 - thank you! I am learning LOADS about cryptos right now and still don't have a lot down. My education is in finance/digital marketing and I'm making waves in the US equity crowdfunding space. Staying stealth on this account, but am learning more about cryptos in order to further develop the startup/investing ecosystem infrastructure. Right now, I would not want to see ANYBODY without a high level of financial literacy trading cryptos like this. I totally understand the concept of buy low/sell high, but even the global foreign currency exchanges (trillion $$ day market) don't have so many different liquid assets and currencies...this is amazing, but very hard to read. I firmly believe this is just a hardcore wave (praying) of BTC buying, but do not personally have experience with crypto trading and I'm still working on finding the most legitimate sources of information for coins. Seems like the space is BLOOD red when it comes to coins fighting over the same technology and I guess this is a big lesson learned - gotta do my research before I go and hold a bunch of alts. Do you have any tips on where to find the most legitimate information about coins?
Currently use:
ICOs
Woah, didn't realize it would be this long! Thank you in advance for your time. Love reading insights from more experienced community members!
I suggest you get over to an exchange and start learning to read charts so you can foresee the future too ;-)