I'm interested in altcoin trading, after deciding between penny stocks and forex. However, it looks like there really isn't any large organized body of info on how to trade altcoins like there is with penny stocks. I'm thinking about first learning how to trade penny stocks then applying that knowledge to trading altcoins. Is this a sound strategy or are there other places/ways to learn altcoin trading strategy?
Best way to learn about altcoin trading
First- there are multiple threads on crypto, and there's at least one stock thread. This question could have been posted in those.
No. Not at all.
It is like first learning how to fish as a primer to skydiving.
There have been links to resources on learning how to invest in crypto posted in the ETH thread and elsewhere, in addition to the threads being resources themselves to some extent. Read through the relevant threads and follow the suggestions/links.
Here is one such link that could be found in the ETH Thread:
The Intelligent Investors Guide to Cryptocurrency: The definitive and essential guide to Cryptocurrency traders
Also check out SamuelBRoberts thread-
DACing for Cryptodummies: Hassle-Free and Easy Bitcoin Investing
Quote: (08-30-2017 03:25 PM)tdrake2 Wrote:
I'm thinking about first learning how to trade penny stocks then applying that knowledge to trading altcoins. Is this a sound strategy or are there other places/ways to learn altcoin trading strategy?
No. Not at all.
It is like first learning how to fish as a primer to skydiving.
There have been links to resources on learning how to invest in crypto posted in the ETH thread and elsewhere, in addition to the threads being resources themselves to some extent. Read through the relevant threads and follow the suggestions/links.
Here is one such link that could be found in the ETH Thread:
The Intelligent Investors Guide to Cryptocurrency: The definitive and essential guide to Cryptocurrency traders
Also check out SamuelBRoberts thread-
DACing for Cryptodummies: Hassle-Free and Easy Bitcoin Investing
Americans are dreamers too
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