yes Kyle your advice is sound. I have made alot of money buying bitcoin and holding it but in my life daytrading I have lost way more than I won. I just bought MYST and watched it drop in half OOOPS but I do believe in the idea of a free internet . On the other hand my blackcoin has more than doubled and my ether has gone up. My philosophy is no more than 20% of your capital in one investment and buy what you really believe in but if you are not buying longterm then have a stoploss put in as soon as you enter the trade and also know where you will take profits.