it is too much important to have good knowledge about trading and must study the coin or anything else where we are going to invest our money. because those people who do not have knowledge about trading it is very risky and more chance is that you will even lose your own money. i think we must first get knowledge about the coin where we are going to invest and after that should take active step.
Exactly. It is very important to seek knowledge regarding trading and investing into cryptocurrencies, since they're highly volatile and risky than real world assets. For starters, you should always invest the minimum amount possible in a cryptocurrency, and devise a strategy of your own by using the knowledge obtained over the web related to the field.
Once you've gained enough experience, then you could consider to increment your investment amount and so on to ensure your financial life. There are many good altcoins on the markets with promising technology and value, but if you don't follow the right steps, then you will most likely fail over the long term. Just my opinion.
