Bitcoin Forum

Economy => Trading Discussion => Topic started by: ccg1337 on May 21, 2016, 08:20:00 PM



Title: Questions of BTC Volatality Vs Alt/other coin volitality
Post by: ccg1337 on May 21, 2016, 08:20:00 PM
So ive watched BTC for a while before getting into it recently in the small scale. Ive noticed on the daily normal BTC moves 2-6$ up or down throughout the day which yeah you can make a little there if you are doing alot of trades or high volume trades. Also i know that sometime you wait a week or do and do a nice low buy and a nice high sell u can make higher amounts like in the 8-20$ range per BTC. However 455 for a entire coin is quite a bit and was wondering if theres high volatalities in the other coins out there like LTE Coin ALT Coin ect. This isnt counting pumps and dumps ect.


Title: Re: Questions of BTC Volatality Vs Alt/other coin volitality
Post by: Amph on May 23, 2016, 06:45:30 AM
So ive watched BTC for a while before getting into it recently in the small scale. Ive noticed on the daily normal BTC moves 2-6$ up or down throughout the day which yeah you can make a little there if you are doing alot of trades or high volume trades. Also i know that sometime you wait a week or do and do a nice low buy and a nice high sell u can make higher amounts like in the 8-20$ range per BTC. However 455 for a entire coin is quite a bit and was wondering if theres high volatalities in the other coins out there like LTE Coin ALT Coin ect. This isnt counting pumps and dumps ect.

well low volume mean high volatility, so every other alt have higher yes, especially those that are not in top 10, litecoin seems pretty stable now with its 0.0089 was 0.0078 not long time ago

also the volatility does not really matter as long as you can make profit on 1% correction you can make it on 10%