An Altcoin Trader's Handbook by Nik Patel
PART ONE: A MEMOIR
Chapter One
IN THE BEGINNING
Though, I would imagine, many readers of this book will
have become aware of it via Twitter, and thus will already
know a little bit about me, I feel that a little background
information wouldn’t go amiss for those who have not yet
had the (dis)pleasure. Dad-like sense of humour aside, I
am a full-time writer, speculator and advisor, all within
the emerging world of cryptocurrencies, cryptoassets,
altcoins or whatever else one wishes to name them. I like
to use cryptosphere as an all-encompassing term for the
goings-on in this weird and wonderful space, though, for
the purposes of this book, I am expressly concerned with
the novel financial market that has developed around the
birth and growth of the technology, as well as the plethora
of life-changing opportunities it has brought with it. Prior
to my involvement in the space, I had little to no trading or
investing experience – I was barely eighteen years-old –
and it was the excitement I found towards what I had
accidentally stumbled upon that consumed me and led me
to where I am today. I hope to impart at least a little of
that excitement in the pages of this book, alongside all of
the knowledge and experience I have amassed over the last
five years on the topic of profitable altcoin speculation.
These markets truly are unlike those of traditional finance
(and, having also spent some time speculating in those, I
can tell you that these are far more-readily grasped), and it
is the first time in my admittedly short lifetime that I have
come across such an abundance of opportunities for those
with little initial capital, as I myself began with. I’ll spare
you any further preamble, and begin… well, where it all
began.