How do I get into trading alts actively, to come up with a profit.

Learn technical analysis. It takes quite a while to establish confidence in your charting so daytrading shouldn’t be something you do as a beginner. Some of the best traders I know didn’t daytrade until years in and/or have worked on actual trading floors (Wall Street type deal) before crypto.

Another big part of trading is keeping up with news. There are evidence-based calendars you can utilize for this. A story I would like to share: in mid-December 2017, news about Zclassic came about when it was two bucks a coin. Had someone do slight research they would have realised that those who held ZCL would eventually get Bitcoin Private tokens via airdrop in January. This is good news because it speculated potential mass accumulation (WHICH HAPPENED) in advent of BCP. In about two weeks ZCL went from $2 to almost $100 and rising. Very simple research yielded over 8000%.

In short: • Learn how to read indicators/charts (Fibs/MACD/RSI/SMA/etc.) • Keep up with news! • Understand candles/wicks/bull-bear flags/cup-and-handle etc. and how this knowledge to predict dips and uptrends • Converse with actual traders and not sketchy Reddit shillhards

/r/CryptoMarkets Thread