Good outlook!
I am considered somewhat of a newbie to the cryptocurrency markets. Meaning, that yes, I only recently began my research into the whole block chain technology, cryptocurrencies, cryptographic hash security, and other theories that apply to the current market; rather than just diving in head first. I consider that smart and cautious since the tokens/coins are highly volatile. In forums, however, they just see me as a 'noob', no/low points, i.e. bitcointalk.org, etc.
Didn't think I wanted to explore the trading aspect too much originally either, but more interested in some very small purchases to gain a firm understanding of how just the buy and sell works and getting your cast, fiat money, into the market then using an exchange.
Having said that and 3-4 months later, I like your statement, "trading is for everyone who is willing to learn the basics". So true!
So, I am following you since I haven't had the time to check out Gifto and their token (GTO) as I have been tied up with Envion ICO at the moment (and xmas holiday plus family wedding this month Dec 2017). I do remember seeing that promoted on Binance.
As you put it, maybe I'll get lucky but I always research the company and token prior to investing and have even earned a small amount through participating in promotions by tweeting, posting on FB, blog or mention on other sites.
AND finally, I do like Binance Exchange for the fact that they have their own token (BNB) that can be used to reduce trading fees, fees are very low anyway, and I don't think there is one exchange with all the altcoins listed; there's too many coming out and some won't make it past an ICO or company startup.
Voting UP. Happy New Year!
@chipr , thank you, I highly appreciate your vote and your sharing here.
And nope, you do not sound like a newbie to me. ICOs are more tricky than trading, for like you have said, not all of them make past the ICO phase, and you are researching those. Well, I think that Envision will make it and you will get lucky ;-)
Yes, the crypto market is highly volatile, but on the other hand, only cryptos offer such crazy high gains.
Just look at these returns:
And that's just the example of how profitable the cryptocurrency market could be… there are coins that went up much more.
Take Stratis. You could have bought 34,387 Stratis ICO coins for $250...
And made 84,793%... turning it into $211,980.
The potential profits are simply too great to ignore.
You have mentioned Binance exchange, do you know Kucoin, it is alike Binance for it has its own coin, Kucoin Shares, and look at it, it is doing super:
https://coinmarketcap.com/currencies/kucoin-shares/
In addition, some coins just after the ICO are first to be find in either, Kucoin or Binance.
Good investing :-)
@chipr, I absolutely love Kucoin and Kucoin Shares:
Isn't this a beautiful graph??
And keep on checking, it would not stop anytime soon, the volume is getting higher and higher:
https://coinmarketcap.com/currencies/kucoin-shares/