Tips For Trading altCOINS
Risk management,
DISIPLINE, fear of missing the trade, trade the trend, apply rule based trading, profit targets and stops, sell partial positions on big profits, be quick to take losses,slow to take profits,
limit exposure to non-liquid markets, understand & learn the altCOIN Bitcoin
relationship, explore price variations accross various exchanges and having
a plan and working your plan could lead to huge profits.
What Are altCOINS
altCOIN is a combination of two words: "alt" and "coin"; alt is short for alternative and coin as to do with the currency; together they imply a category of cryptocurrency that is alternative to Bitcoin itself. Many of altCOINS are built on the basic framework provided by Bitcoin.
All altCOINS are decentralized and usually be based out of the Bitcoin
standards with small tweaks such as different algorithms.