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RE: Bitcoin at $19,000!!! Luc buying CryptoKitties? Slackroom invites? New Tool?
I understand lucs busy and cant always respond, is there someone here who can help answer a few questions that i have? Im super super new to trading and wanted to make sure i have a firm grasp on it before investing any more money.
First things first, learn the difference between "investing" and "trading." Investment is long-term, trading is short-term. It's important to keep that in mind, because all these people "trading" their "investments" is precisely what makes Luc's followers rich!!!
Post your questions here or in the slack room. They usually get answered.
What is the minimum amount of money you need to trade on coinology? I have very little and it wont let me trade.. Am I doing something wrong?
I dont have access to the slack chat room but i would love to have it.
My first question is: is there a particular currency that is better to trade with? For instance, if i wanted to buy some xmr(just an example), is it better to use ETH, BTC, USDT, LTC?
Is it easier to trade smaller amounts more frequently, or is it ok to buy up a whole bunch of coins at once and then try to unload them all?
Also, everyone talks about "research research research". What are some reputable sources to recieve news about whats going on with the market?
As I just wrote above, with a Discord server, Luc could easily assign one or several individuals as moderators, and regular group members with more experience can be easily color coded so that newer members can see who to turn to with questions if Luc is unavailable. It's also really easy to have voice sessions where one or several people have the mic and everybody else can listen in if they want to. There can also be channels reserved for announcements, server protocol, faqs, etc. And there are bots that show current coin information and other stuff.
For anyone wanting to learn more about crypto, there are a TON of great Discord groups and it's pretty easy to get invites. Unlike Slack.
I would love to join discord group. Any rcommendations?
Yeah, do you have any discord group recommendations?
Watch all of Luc's videos. Then watch them all again. And again. You pick up nuggets of gold info that you missed the first (or second...) time around. And read all the posts too. Then just dive in. Theory is good, but until you start putting it into practice, you're not going to really learn. Be patient, and pick your trades. You may screw up, but if you understand what he's telling you in the videos, and apply that, it's hard to screw up too often.