¿Does trading in crypton coins make you rich?
The truth is that this subject is drawing a lot of attention these days ... Much is spoken of BITCOIN (BTC) and the altcoins in the news and many already want to know what it is all about this technology that is changing in a disruptive way the traditional model of money.
I will tell you basic and simple form. Trading is the essence of business in the world and is to buy at a price and sell at a higher price. As simple as that.
Is it something simple to do?
Literally yes, it all depends on your knowledge and how much you like or interest the subject. Must have enough conviction to make decisions and not to doubt them.
Can I live on criptomonedas trading?
No doubt if, in fact in the long run you will realize that you left your job to dedicate yourself to this world. As it is certainly a very comfortable job and you can perform from the comfort of your home.
Now how can I take advantage of it?
To know precisely and bluntly if the trading of criptomonedas can make you rich, the answer is YES. But like everything in life there is always a "BUT" and that is that to be able to be you must know how to do it and fill you with knowledge and especially your own experiences that will make you learn in this long way.
Each user is a different world of experiences, which can be of success and failure according to their abilities. The normal thing about any trader apprentice is that he often loses, but then, over time, he decreases that range from losses to profits.
Do not be afraid of failure, as this helps you to have experiences and be better.
Advantages of the world of the criptomonedas:
Unlike the forex (Foreign Exchange) in the trading of criptomonedas you can start trading up to fractions of US cents as the BTC is divisible up to 7 decimals 0.000001.
How much can I enter?
I, I recommend you enter with a capital of 300USD in btc so you can see benefits quickly. (Clearly this does not prevent you to start up with 5 usd in btc, only that the increase of its capital will be much slower)
What exchange is recommended to enter?
The exchanges so far more secure and with greater use of altcoins are
POLONIEX // https://poloniex.com/
BITTREX // https://bittrex.com/
In which Altcoins can I invest?
You should be able to analyze each project in which you want to invest and see your growth chart throughout the birth of the altcoin. On recommendation I can mention projects like Ethereum (EHT) NEM (XEM) Ethereum Classic (ETC) DASH (DASH) among many others that I will give details later.
Is there a strategy?
There are many strategies in the world of trading in cryptones. I will recommend that you invest in the long term in periods of 15 days and 30 days. Since a criptomoneda in a month can have a very high value with respect to the price that you buy it if only it leaves 15 or 30 days.
You have to learn to have patience in this world of the criptomonedas.
(Note that you can invest the time you want and leave a large investment of say 5 thousand USD and leave in the long term about 5 months or whatever you want)
Start and do not be afraid to be independent.
This is everything so far, these will be a series of post dedicated to strategies and how to increase your capital based on trading of cryptones. regards
oh! in english too! well done, amazing dude!
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