In the past, I've seen Luc say that a very small real account might be more valuable than paper trading. He has suggested opening an account on an exchange with very little capital, even as low as $20. Then trading that to learn. It will allow you to feel the emotions of having real money on the line. This is what I am currently doing. I started with a small account and after I feel comfortable (I am getting very close) I will add a little more. Then, as I see continued success, I will add more.
You are viewing a single comment's thread from:
I couldn't have responded better. Yeah, thats exactly it, plus you will also get real experience with how your exchange of choice works with Coinigy. Some exchanges like Kraken have some A.P.I. issues and this can get frustrating when things are moving fast.
Sounds like a plan. When I first started, I opened an account with one of the major exchanges. To Luc's point, I had problems trying to complete the trade. Thinking of transferring ~$50 to another smaller exchange to workout any issues and build confidence and get real experience.
Thanks to both of you for the suggestions.