How to Maximise Your Profits in 3 Steps - Cryptocurrency Trading (Not a load of Bullsh*t)

Update: I will be ammending this article on a daily basis

As it stands now, there is little you can do wrong when in investing in cryptocurrency. That said, it is a volatile market. The current trend is unequivocally positive. But, that may change.

With all this enticing and nerve-tingling volatility comes a great potential for gains, small and large.
They all count. An extra 500, 1,000 or 10,000 dollars this week might be a doubling or quadrupling of your income. It adds up very quickly.
Side note: Don't quit your day job

I am not a massive dollar investor. I do not have an endless supply of cash to reinvest to make up my shortcomings, and perhaps neither do you. Regardless, I have currently doubled my investment in one month and quintupled it in a little less than a year. A proportion of that is no doubt due the ever growing cryptocurrency market cap, which we hope and trust will not subside any time soon. As I said, there is little you can do wrong at the moment.

But, perhaps I can shed some light of my own on your day to day trading to maximize your profits.

1. Choose your Primary Investments Well
   Always, always, always research your primary investments. You must understand and have a certain degree of faith in the tech in which you are investing. How is the team behind it? How vehemental are the community? What are their ideals and are they, in your mind, realistic? You will see coins you know little about jump massively here and there, and perhaps they are a good mid-to-long term investment, perhaps they are the totally revolutionary if adopted. But... perhaps it's reactionary hype and only worth a very short term gain. A pump and dump. You need to know why. Follow the news. Look at how coins respond to the rise and fall of Bitcoin, for example. You can do this at sites like CoinGecko.

2. Diversify, It's a Rich Tapestry
   Crypto's serve a multitude of purposes and while some coins might only be good for a quick pump and dump, many can function symbiotically with each their individual value and service. This is the beauty of Blockchain technology. It can open the door to true democratic functionality.
   Once you have landed on a number of coins that you feel are worthy of your hard earned dollars I suggest picking up around 5-10 (to begin with) based on what you're willing to invest and their current value. Put the most into the one you speculate will grow the most, and shuffle down accordingly. If a coin is still of very low value in your native currency, it's my recommendation that you buy less than you would of say BTC, as these are your against-odds bets. If they fall, sobeit. If they raise from a cent to a dollar however, and you have 14,000 of them. Good on you.

3. Trade Them Around, Ride the Rollercoaster
   This is where profit maximisation comes into play. Let's use an example: Recently Bitcoin dropped and Bitcoin Cash Skyrocketed. Set alerts for price drops and increases as I did. During the start of this trend I pumped a portion of my BTC into BCH and jumped back out the second it started to dip again. It's speculation of course, and sometimes you will get it wrong. But more often that not if you are on your game, you will, in my experience, do pretty well.
   You may dip out of a currency and back into your "safe haven" (let's say, BTC) only to find that you just pulled out of a rapid re-growth. Who cares? You made your bit. Follow the news and aim for the next opportunity.

There are a number of ways to do this. The cheapest is to use an exchange (Read: Bittrex, Kraken, Binance, etc..). A very user friendly way, if you are new to the cryptoverse is to use a coin-swapping platform. I recommend Shapeshift or Changelly, their customer service is excellent, in both cases (listen up, BITTREX). However, this incurs more fees and higher prices. Thus, I recommend learning to use an exchange if you are seriously interested in investing. Binance is a good entry point, as they require no identity verification for withdrawals under 2 BTC per 24 hours.

Finally (and perhaps most importantly), keep track of the total value of your coins in your native currency. I use CoinTracking. This allows you to track your trades, fees incurred as well as your current standing across the multiple wallets you may need, depending on the coins you choose. It is invaluable. Without this, you have no grasp on the value of your portfolio as a whole.

Here is my portfolio, which changes daily but for my main-stay investments. If you would like to know what I recommend at the moment. Both short and long, please follow and upvote and I will oblidge.

Much Love XO

Please note, investing in crypto is supposedly risky. Use your smarts when investing and only invest what you can truly afford to lose. Or don't, whatever... I am not the boss of you... Tomorrow I may be scratching my stumps in the gutter, begging for cheese in Dalston. I have awarded no time to discussing wallets and/or general security precautions in this article. READ UP. Use a VPN - no exceptions, check your addresses, don't ever share your seed or private keys and ALWAYS keep them safe, etcetera. Your money is safe only if you are. You wouldn't publish your credit number online now, would you? If you were stupid enough to own one