Acquiring enough knowledge about cryptocurrency is not that easy because you needed to experience all difficulties along with profit. Eventually you may recognize some failures when you decide wrong ideas like selling while the price isn't right, so in the next trades  you are more careful so that you won't lose that sell value. Being a trader doesn't need more capital of money, and the only thing that we need to develop is out self control specially in times that we tend to panic of such situations when the coin value declines or drops worst. Well, we really need to experience that before you can call yourself a good trader.

I do not think that it is so easy to become a trader, if you want to become a good trader then you need to have experience and skill in trading. in fact trading require a good time to spend because without good experience trading is one of the most difficult and risky way of making money.

By holding such a small amount, starting trading won't be a ood idea. First, it will be better to increase the total amount of bitcoin by buying more amount in form of fractions or simply joining signature campaign. We can start trading with this much smal amount but I adice to not put all the wealth on risk. Go with a little oine and learn basics. Holding on to these much bitcoin is the best thing to do.

I've encountered many analysts coming over from stocks and getting absolutely destroyed. Trading analysis is incredibly valuable, but in these (still) early days of crypto, a teenager with too much time on his hand can easily make a decently marketcapped coin drop 10%. The market moves in great swings based on the slightest of rumors. TA is an important skill to have, but don't let that fool you into believing that you can have control over an erratic market.

I think nothing is more difficult that this controlling your emotions when you are taking some decisions. You all may know that business is the game of decisions. These decisions are based on your calculations of losses and profits.

But here is one hidden thing that is often ignored, the emotions. You have to control them else they control out, and this will be the worst decision.

First of all trading is not easy beinf trader is not easy also . Because yoy need more knowledge before you start trading . You need to make always research , before buying and selling altcoin . And you need capital to trading and thats good if you have big capital because they have chances that you earn big profit in the future. Trading is one of best way to grow your bitcoin but study first before start.

Patience is really a major thing here on trading world which this kind of behavior would really help you out on trades which you can actually execute it without having a panic when you saw that prices are going on opposite way which you did anticipate.Starting up trading wont really be an easy task on where you would really need up to search up things related to it.Formulating your own strategies and trading habits which you can see that you would able to be profitable.Its just really a matter of trial and error.

Hey mate! Good you want to take a bold step, and impressed that you are trying to learn first. There is really no shortcut to it, you just have to learn the technical analysis, or at least the little bitty few things you can grab. You cannot learn it all in one day, so I guess you will have to practice with the little you have learnt and keep learning as time goes on.

There are some traders on youtube that can teach you how to observe trends and trade safely, so you may consider that as well. Trading can be profitable if you are good and if you have some good capital to start, however, for a newbie, it is good you start small and from what you have said, since you have made a little bit of profit, then I see no reason why you should quit. No one was born a pro trader, we all started somewhere.

I completed my first trade, for a $90 net profit.

I promptly lost about $30 on my next trade by making a dumb mistake. ( I bought some LTC and accidentally sold it immediately, incurring the buying and selling fee).

I then bought some ETH, XMR, LTC at what seemed to be lows. I set some conservative sell bids and watched the market go through some shallow swings to slightly lower prices. (I know these coins will rise back up soon after the hardforking)

Apparently there are some jitters going on with this upcoming BTG hardfock.

I watched the previous BTCC hardfork take place and was not terribly impressed, through I did indeed make some significant gains by simply buying as much BTC as I could at the time.

Apparently everyone is expecting many different things to happen after the hardfork. The only consistent sentiment seems that BTC will continue to be bullish, and I suspect the bigger volume established alt-coins will also be along for the ride(like ETH, XMR, LTC).

Ya really don't have to be a rocket scientist whiz kid trading analyst to spot these trends!

So now it is simply exercising my patience muscles and wait to see the coins hit my sell prices after the forking is over.

I can see how my strategy won't be making me a million dollars overnight, but some spare pocket change is certainly very very feasible.

cheers..