Trading on Poloniex for beginners

  • I started with a small 500 Burst and bought low and sold high, sometimes premature as I could have sold higher. With 500 Burst you won't make a lot unless you catch a "pump and dump" so to make any significant Burst I would invest a lot more. You might even find that your short term "quick flip" turns into a long term investment or you pull out and take a loss. I recommend doing a lot of research on the market history to look for potential patterns and using resources like bitcointalk to help predict fluctuations. Investing in other coins is always an option if there's not a lot of movement with Burst than reinvest in Burst. Feel free to donate if you found this helpful and feel free to ask any questions.