Trading is an alternative way to get involved in the Crypto-World! It doesn’t require mining hardware nor investing in bitcoin hyips or bitcoin cloud mining (which always has risk involved in their integrity).
Altcoin Trading is one of the highly rewarding way to make money online. A lot of people are now making money online via trading cryptocurrencies.
Altcoins are cryptocurrencies other than Bitcoin. Altcoins are the alternative cryptocurrencies launched after the success of Bitcoin. Generally, they project themselves as better substitutes to Bitcoin. The success of Bitcoin as the first peer-to-peer digital currency paved the way for many to follow. Examples of Altcoins are: Ethereum, Litecoin, Monero, Dash, Ripple etc.
Many cryptocurrenceis users are now taking Altcoins as an opportunities to make profit from it since we have many exchange platform where we can trade Bitcoins and any Altcoins.
Altcoin trading can be very fun, exciting, interesting, and financially rewarding, but you should never forget that it is also a very risky thing to do, please do not risk more than you can afford to lose!!!
At the same time, don’t be put off if you lose money, especially in your first few months. Most people will lose money when they first start out, and even very successful traders will often go through bad patches. Keep trading, keep learning and honing your skills, and you may well re-gain what you have lost plus earn a tidy profit on top.
How to trade altcoins
Trading altcoin is very simple but you need to be focus on volatility status on any altcoin so that you will know when to buy or sell your coin.
Sign up into any trading platform
Verify your email and any possible verification needed
Deposit Bitcoin to the trading platform
Monitor the altcoins volatility chart
Then Buy altcoins when dropping or buy new added altcoins
Then sell the altcoins with it goes higher and save your profit.
List of the Top SIX (6) Altcoins Trading Platform ( Recommended) you can Register and start trading with:
- Poloniex
- Bittrex
- Btc-e
- Kraken
- Bitfinex
- YoBit