Bitcoin Forum

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

It’s really tough to invest in crypto currencies or in any other trade based on troll boxes shouts (rumors). I am still in early phase of crypto currencies trade and exploring some techniques on trial and error basis. I have been trading in stocks based on fundamentals (which proved comparatively good strategy planer for me so far) and I am looking to apply same technique here in crypto trades. I am experiment lover guy so I try to invest small amounts in investment options based on every kind of research.

I'm courious about your result. Because i think that on crypto (expecially in new alt) rumors & announcement  must be more weighted than Technical analisys  :)

My technique in trading is two kind no. One is a short trade if i want to earn btc everyday i do short trade to increase my income. My profit everyday in short trade is 0.002 btc not bad. And the 2nd one is a long trade i buy a coins in a small amount but the coin have big potential to rise. So i buy and wait the price hit my desire amount to get big profit. That is the two i suggest you to do but your decisions is ypurs.

It was an interesting fact yesterday with LTC. Charlie Lee had a big announcement: "tomorrow will be a good day".

LTC had a big pump only because of that rumor (also Charlie Lee started working at coinbase, everybody thought that coinbase will accept LTC).

So, yeah, the technical analysis wasn't very effective. But on short term is working.

In trading nothing seems to be curious, but with trading buying low and selling high is the common strategy used. In my opinion one needs to cope with the self decision in trading rather than getting suggestions from others and implementing it.

Traders needs a skill set for trading. You need to having trusted account to have a trade and try to increase the trust and good feedback These things will make people to trust you have a trade.

Investing in rumor in chat box and also from some trading groups is very risky and in several ocassion i have lost much. As well as trading over technical analysis is also not quite reliable in some occassion and it is also hard to find a reliable source to watch technical analysis. I think we should have our own trading strategy and make own point of selling and profit margin.

Your basis of trading is probably what most people use.   Rumors and TA especially.  I don't think either is good for any type of trading, except if you're riding momentum, and even then you don't know when it's going to poop out.  Crypto doesn't really lend itself to anything other than momentum trading. 

Rumors for me as well. Actually I had a bot developed for exactly this about a few months ago  which looks into the market sentiment about a coin and based on that I trade. But things get really complicated, so I just rely on normal trading while investing big amounts in coins I hope will do good in the future and I later sell them in the long term.

In general, a bot would be more effective because it makes decisions faster than you could do. But I wouldn't recommend using a bot if you don't know the basics of trading.
There are a few bots available for crypto trading specifically.

what you do is the best thing you can do in crypto currency markets and to be more sure you should always check the rumours and the tweets, ... to know the news and the hype because most of this market is based on the hyip and rises happen with that only.

if it is effective for you then stick to what has worked out for you so far and continue doing the same.
and i have to say you are doing it right, the crypto currency prices, especially those altcoins are mostly affected by the new even some meaningless news can make them rise or fall so following the hype is the best strategy on top of your analysis.

This kind of trading is almost equal to gambling because we just guessing that prices may go up based on some rumours but if that didn't happen then we lose money. This is a risky method to trade. I tried my best to understand the prices of altcoins movement but didn't successful so I only trade bitcoins. I don't think anyone can monitor 24 hours for the rumours and tweets to make a profit in each trade.

me i'm just relying to those rumors and update coming from the thread of my supported coin, i adore your technical analysis mate good job for you.

as a first step i usually like to check out the announcement topic of the altcoin that i want to invest in, i go there and do a quick check of the project itself and the feedback it has received from other members, and usually stay away from those moderated topics because they are trying to hide something :)

I think there are two way for make analysis, they are analysis tecnical and analysis fundamental. And you have used all of them, i think you must use analysis who give you profit constanly.

I have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

Long strategy seems to be effective in some ways or another, I am not a trader however it likes holding a certain coin and if you know it will pump that is the best strategy I have in mind, cause this elliot's wave is killing many traders.

Thank you for all your answers. I see a lot of different opinions and also some opinions that are confirming my way to trade.

How they say, prepare for the worst and hope for the best.

Feel free to come with another suggestions about how you trade.

When i started in trading i start in a small amount too. But when i learn how to trade i make profit everyday when that time i'm very active in trading but now i trade only 1 once if i have time to do that. But everytime i trade i get profit not so big but its okay because if i gather all of them its a big amount. Choose coins that have potential to go up. Ang make focus.

technical analysis is not enough for trading altcoins, especially coins like ethereum that are being manipulated a lot. you only have to do the analysis as for fun and confidence but it is never going to come  true as it does in other bigger markets.
the most important thing in the market is news, it can pump the price to the moon or it can kill it in matter of hours. and you have to be there to use the opportunity the best way you can.

I will try to follow some of these tips. Thanks.

i trade when i feel that that currency will rise, i don't trust rumours as sometimes they are fake ones ( to create big pump ) so i don't like them,  and sometimes i buy currency that i like

Same as you by technical analysis it's the same technique used by all experienced traders but of course rumors plays a factor in altcoin trading many pump teams are in existence,getting aware of that is a big bonus,but always play on the safe side..

For me analysis tecnical is enough because i traded ETC was low amount only and it was made profit although just a little. Everything went fine and rilex, i don't have burden when trade it.

People say that trading altcoins likes gambling , you don't know when this crypto currency will increase or when will decrease , for me , I try to choose long term investment , for example , if I found a new project with perfect road map or experienced dev team , I invest in this project , then wait until the price increases , but the most important lesson which I have learned is to divide your money , and don't put all your eggs in one basket .

Reading technical analyses is a good idea if the expert really knows what he is talking about. I just watch the price and react by either buying or selling depending on the situation.

the most common i use in trading is when i see the chart is go down, i will find on the order history, see on buy and sell order book, make a fibo, sometimes read a news about that altcoins. after that, if my feeling says go and buy, then i will buy right in between number 3-15 from buy order book, and sometimes, its not take to long to get that coins. if this is happen, then i will prepare to sell that coins if there are a pump, or if its going down again, i will make a new analyze to make sure how deep will go down.

Rumors, announcements, fundamentals, technical analysis, news, trading experience, trading techniques, the amount of funds that you can provide and luck (!) are all important factors. Watch out for pumps and make sure to react in the momentum! If you are inexperienced, I suggest starting with small amounts. Later, you may increase your funds to invest in order to have better profits. However, even when you are cautious to all these factors, trading is risky and that is why you should split your funds up between more than one idea. If you have a platform, you too could manipulate the prices. In the long run, do not fall into the trap of your own illusions, though! Cryptomarket is unpredictable and uncontrollable in the long run and my most important suggestion is developing an excellent adaptability skill that comes from the experienced and knowledgeable use of the above-mentioned factors.

Based on what you guys wrote in this subject, the most important thing is the experience you have in trading.

I saw a few replies about using your technical analysis, reading news, use trusty rumors, feeling (based on your experience), investing in new altcoins and wait for the momentum.

I hope everyone who read or replied in this topic found some good information.

Thank you all, keep on trading and make profit!

Best,

Im buying low selling high that's the strategy I use , you need to see first if the coin if have a potential for long term, and see the volume if you can trade it with short trade or for long term.

While most of the people depend on the news on troll boxes I usually try to trade the coins which I see for my self their price changes and never listen to the trolls, but still trading comes with a big risk with it.

For example when EDRC was high I bought some but it went down hard and still is down.

i usually either trade on sites like bitmex or I trade cfds, I started off trasing with bitmex with around 50,000 satoshi and I could easily double my money within a week, I then gradually increased the amount I trade with until I started trading with over 1 bitcoin. With cfds I typically trade less than 1 bitcoin but with leverages my posistions are usually over 10 bitcoins.

I do trade with bitcoin and altcoin , and that is totally based on the performance and activity of the coin and the investors at there and their developers, I focus more on the activity of developers as if the developers will be expert and activity then we will not lose in there as that coin do not die out.

those way are the common way to used to almost all traders because they were will do technical analysis for predict the price movement but do not underestimate the rumour because sometimes the rumour will become to really if came from the trustworthy source

And then this project turns out to be a Ponzi Scheme disguised ad altcoin, something like Steem is: http://www.coindesk.com/steem-provokes-doubt-market-observers/ (http://www.coindesk.com/steem-provokes-doubt-market-observers/)
Or you invest in new overhyped altcoin and it turns to be next The DAO and is hacked? There is nothing like being 100% sure in crypto world, everything is speculation.

I trade without any success. Its how I trade, looks like I'm capable of choosing wrong moment for buying or selling couple times per day. It's just ridiculous how much I'm unlucky. I tried to follow some people from twitter, and from here without any success. One important notice to all new people, never ever trust in what people say at yobit chat. They ruined me couple time's, and not just one person. Like they have a deal couple of them saying same thing and I thought I can believe them, well I was wrong.
Can someone tell me which coin to buy so I can finally make some profit with trading. Thanks a lot in advance.

you gotta try those thrend coins existing on some exchanger's because those coin are the most tradeable coins by those traders, and also maybe you should do some analytical studies on some coins like etc,stratis,draco,sts, and the coin you like, just focus on few coins first before jumping to another one so you may know how it really moves and notice the 24 hours market cap, and also don't ever listen to the trollbox because mostly of them of them are bag holders or just trolling the coins they like to pump or dump. and lastly the very most important you should brought up to earn on tradings is patience.

I make usually my studies analytics about the coins before trading it, and as known trading need some experience and it's having some potential of risk as well

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.

i don't think you can call "Buy low Sell high" as common strategy because it is the core of trading. and there is nothing to it other than 'Buy low Sell high".

all other stuff like analyzing the trend, reading the news and all other things you and others have mentioned are performed to find the "low" and "high" in each market.

Altcoins with big potential is a bold statement.Which alt coin doesn't promise "big potential" if people invest in them ? Every altcoins takes the flaw of bitcoin and promise to solve it in theirs which barely happens.Most of them are killed by the community whales or half of them run away with the investors money.The few one's that survive are only for pump and dump purposes.Everything is sold once the ICO is over.

And another question what is the big potential is measured by the standard of this forum or average users in here. because a new alt project in this time is always offering a good promise for the investor and at first they will run smoothly and the ending, maybe you can see about waves.

he was curious about the strategy or technique to analyze. because everyone has a different technique.
like me who use the technique feelings, and also some of the most important is the announcement. tweets and rumors are difficult to predict, it could backfire down or up.

that is right. I only trade the established ones such as the Monero and Etheruem. They are much less risky.

Well i do not have much knowledge about the alt coins so i keep my self away from altcoins trading.
But i have tried simple trading like buying bitcoins and then sell then when price becomes a bit higher than that when i bought the bitcoins.

That same if you trading with bitcoin,the different is at price movements,once crypto get high fast,it also can't inpredicble price

Well, I trade whit  currencies whit high volume, like ethereum, doge, dgb ect and and using some indicators for signal of enter, or getting out.
I have a low success but this is great for me I guess better something than losing

In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.

Trading in crypto is not everyone's cup of a tea.I have suffered loss because I was a newbie.You must understand market and keep an close eye on price movement if you want to succeed.Technical analysis is not something for am average joe like me

Trading with cryptocurrencies is not such a different thing than trading other things first you have to search a person who want to trade with yoiu and that does not have to be a person who you know you can also find them over here or further on the internet there are always people who want to trade with you for sure!

this is also what i am doing in trading. beside buy low and sell high, buy fast as we can then sell it fast too no matter the rate is up or down. when you can do this is in altcoin that maybe have middle movement then you can get good profit.

Are you serious not considering the price is going up or down because the traders can get their profit just from that and  that has become a most common thing in trading and, maybe you will sell and buy if the price is getting a stable.

That is called short term many trader now is like short trade to see how much they get profit. But short trade is not safe much safer the long trade than short trade because many trader defisit there bal. Because they do the wrong move.

since i am not a altcoin trader , i am a small bitcoin trader .

but in case of other currecy trading i will suggest you , you should always hold every free currency ( you can go at yobit ) . in this way you can get a better amount of profit when any of the rate of currency increase . and if rate of one decrease then rate of another will increase this will retard the loss in trading ( thus is my successful friend's stergy to trade) .

Mostly of traders using analysis tecnical for looking for trend up or down and there are some traders who used analysis fundamental usualy for long term strategy, i my self using analysis tecnical because i use short term strategy.

i lost a lot of money with alt coins so i trade bitcoin/fiat now only, as it is easier

In fact, you are incorrect. When people refer to this catch phrase as a trading strategy (also known as BTFD (http://www.barrypopik.com/index.php/new_york_city/entry/btfd_buy_the_fucking_dip)), they typically mean that they buy when the price goes down from what they consider an average price and sell if it surges above it (or, at least, hope to sell). And it does seem to be the most widely used method of "trading" as well as losing money in the long run...

Since the most common strategy cannot be profitable by definition (en masse)

Sometimes I also search for those coins for which will have a bigger volume of trade and which will have higher fluctuation rate, with these kind of coins I am able to earn a faster profit, but in some cases when I imagine a good profit from a coin then I do not care that this coins is new or older.

Usually when i do trading i am searching for the updated news, then i find coin with the high trade and i tried to purchase various alt coin, the key to my trading is news and patience, well i havent earn a lot for now but i think i still earn some profit

Listening to tips can be dangerous.   If you want to conduct an orchestra,  you have to turn your back to the crowd.  I forget who said that, but I've always stuck to it with investing.  It's often the best course of action to not do what others are doing and vice versa.   This forum is sort of an echo chamber of bulls but most people are NOT investing in bitcoin.  That's all the tip I need.

Most of my trades are only base on the news I've received and tweets from the dev team of the coins i've follow. That's just it and i get out immediately after selling the coins unless i have so much trust to the devs.  i wonder how OP did the technical analysis and which indicators he is using.

It is quiet easy to trade with the cryptocurrency's because every person who is dealing with the crypto tokens wants to trade with you not everyone off course some people just want to store them but there are plenty enough.

I trade altcoins like Monero, Ethereum and its classic version, and I trade them based on their announcements, and especially the most important thing, and that's people's sentiments... I try and watch and see how's everyone reacting upon market's moves regarding that crypto and I act accordingly...

I only trade those popular coins with a lots of volume, user support and always have good news about the development.

I do trade  them too but I'm more interested on the  high risk high profit coins.  Those that is labeled or potential Pump and Dump coins.  You can earn 10x easy with  these coins but well if your unlucky you will end up bagholding useless coins.  Though Im interested in this type of coins, i never comment in their thread because i know it  willl be gone soon. :D so why  waist my time.

I do not trade the high risk high profit coins. I only trade the Monero, Lisk, Dah or Ethereum, they are safter.

I don't know how to explain how I trade, I go to yobit and then watch market. After some time I decide to buy and wait for rise. I'm not for waiting, and I go there to have fun while I buy and sell coins, and playing like I'm on Wall street. That is interesting for some time, and then it become boring when I see that I lost a lot of money. I think I will stop to trade soon, I had fun but its not for me. I think I don't have good prediction skills with altcoins.

Yes, actually in crypto trading i also feel rumors are here, and sometime i can't think that what will be the right price of that currency which i buy it, and later on i realize nothing is happen as i think about it. So that why i remember one thing, if you have correct information about cryto currency, than you will earn money from trading.

The most important aspect of trading any asset class is the effective money management rather than the trading technique. If combining technical and fundamental analysis can give a full proof profit formula, then every trader should be making money with all the modern algorithm tools that are available currently. The price movements are cyclical in nature. Traders get in to a cycle where the market moves as per their intutions and calculations. This gives the confidence for the trader to bet more and stay constantly invested in the market. When the market turns against the traders calculation, the ego to accept losses and the confidence attained from the previous positive trades will make the traders to loose more than what they have earned. Hence, be it crypto currency, Forex, stock or commodities, the most important trading technique will be to do proper money management of his portfolio and manage effectively his 'planned risk' versus the 'actual risk'.

In regards to trading crypto currency, depending too much on technical analysis could be disastrous as the digital currency market is not mature enough yet. Technical analysis proves prudent when the traded product has huge liquidity and wider participants. Current volume traded in digital currencies are far less as compared to the FX and equity market. Hence external factors like government interventions, technical hitches for the underlying blockchain, security concerns etc can induce huge volatility to the digital currency.

Keeping a close watch on the latest activities in fintech news in regards to blockchain technology will be a good benchmark to ascertain the sustainability of the cryptocurrencies. At this initial development phase of cryptocurrencies, fundamentals should be given equal importance along with technicals.


Regards,
Belfrics Manager,
Belfrics

The best technique in trading is patience attention. when you can put up with much stronger then you can get the chance to benefit. advantage can be achieved with patience. but see also the luck factor. luck is also part of a point that can make you rich.

Crypto trading is not easy as it sounds because as we can see there are lots of coins are existing as of now and  most of it are just scam coins which pump just once and dump forever which is  really a waste of money thats why  if we intend to  buy a crypto we must do some research first if  it is a potential coins.

The very hard thing to do there is selection on which is movy coin and also the monitoring since we need to monitor the flaws of such coin in tradings so we can earn nor avoid loss but if you really familiar or shall we say just joined the thrend for those new ones added and trade it well you might still earn with that thing and also the one thing traders they should remember is they should not listen the trollbox

   I don't trade, I'm reading about trading and I'm more confused now then in the beginning. People mention trading as good investment strategy, but nobody said how to trade. How to get informations, where, is there any way to know how reliable source is, whom to trust?
   In one moment I will try this trading, for now I still don't have account on any exchange site. I wishto open it one day and finally try it after so much reading about it. Maybe things will be more clear when I go there and see it for myself how things work there.

I agree with you . thing to consideration by is patience. we have to be patient when we buy and sell coins that we have. when we the right to choose when we can benefit. all started from patience.

the first important thing for me is make a spreadsheet at excel to manage how much your deposit, your lose, your profit perday, soe in first month you will know the real profit of your trading, or the real lose of your trade :P

There is a common way to trade that you can be made a good profit. the first thing you do is research first if what altcoin is the best you can go here in coinmarketcap and choose the top 20 choose altcoin you wish to hold those are legit and it can live for along time in the market..

Alt Coin trading is good but u r trading here just by some hopes....but trading is a game of mind.........all devs trap our mind then trap our money in a coin hhahaha....u wil broke soon

One thing you well said rumors, you know most of the price of the coins are depend on rumors, May be i am wrong but personally i feel it work, because recently i bought some coins and always i listen that price would be increased but nothing is happen, and at least i sell it all, and not i get a good profit.

always check the main thread of your supported coin don't listen to any trolls inside trading site chatbox and always research first before placing your investment, many alt coin are profitable if you know when to make a good entry point study and keep on researching then after that you will earn a lot. good luck

Yeah right those troll or any suggestion inside the trading site they are just promoting their altcoin that you didn't know if there is potencial about the coins.. For me i am always checking coin marketcap for volume and also for  i am choosing top 20 altcoin those are the best to invest because ou know that your investment it take a long time before you can make a profit but its safe.

there is simple way to trade any crypto currency , you can buy any crypto currency with low price and then wait for high price when price go to high then you can sell it and its very profitable and a lot of people are earning big profit from trading.

i think it is  not such a difficult job you can do it very easily, you have to buy an alt coin in a low price and then hold it for the price increase and wait, but some time it can take a lot of time to reach to some high price and give you some profit, therefore you must be patient and stay calmly for the price increase.

for me trading in bitcoin and other altcoin are pretty much different than forex.
in crypto world no matter how experienced you are it will hard to make prediction.
i frequently trade a coins by guessing obly , it is frustated when you did not analyze it.
even you have take a look to coinmarketcap volume etc , it is still hard.

Well if I am correct to trade with crypto currency you have to buy low and sell high. You could store up alot of cheap very cheap altcoins wait for them to go up and sell them at any increase but waiting too long can be deadly for your wallet.

buying in low and selling in high it's only the basic things in trading. I agree with your ending statement for waiting too long about altcoin will be deadly for your wallet and maybe and according to from my experience average alt coins just having a good destiny in their early period and a lot of them becomes a died in the end and too difficult for surviving until a long time.

It's a good way but I would advice to filter out the higher priced altcoins and only check the lets say 5 lowest price ones. Then see which one is best to buy. Because they are low priced its easy to buy alot so also alot more safe.

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

I have never tried to trade yet. Honestly i even don't understand good enough how to do that. I was reading on bitcointalk that trading is a good strategy for investment. But could anybody show me a link where I can read all steps to do that? I wish to try it, but I have not enough information and details. Thanks a lot in advance.

it is never easy to trade. you can take it easy and do some random trades which would be more like gambling and you can win or lose the same way as gambling too.
but if you really want to do professional trading it is never easy.

You should  try to study and learn the basic of trading.  It is entertaining and frustrating at the same time.  Trading is also one of the fastest way to earn or to lose money.  As for me I am still studying  how to trade.  Kinda bad start for me because i invested a little btc to some coins in yobit at 1 sat and now im holding a worthless coins lol.  One thing I learn, always research the coin  you are interested.

There are allot of ways to trade bitcoins and not only bitcoins can be trade off course other cryptocurrencys can also be trade but you will make the nicest profit with the bitcoin for sure.!

Yep. The entertainment of seeing your invested money moving so much upward. You will enjoy looking at that. And when you see it fall just close the damn tab to prevent the frustration.

yes it s a fact that most of the currencies are dead at the end and then it become difficult to raise and take more time but if you want trading you have to take risk because every kind of trading is risky and you don't have any other choice.

yes trading is not such an easy job, specially if you are investing in alts, there you need a proper study about the alts and then try to invest but some time you need to wait a lot if you really want to make money from alts.

I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad...

since i am not a big trader further i will share my idea of trading . i a making trade with my whatsapp friends i am buying btc at low price from them and sell at higher rate to the friends . this stretgy works better amd successfully when the price are much stable .
Now i have about 200 clients for buy sell btc .

every day iam trade altcoin
based analys with chart and grafic

Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now.

Well trading is really not as easy to do because you are going to risk your money with it when you are going to buy using your fiat money and convert it to bitcoin and you are going to buy alt coins with the use of it. I would say that is the essential in trading is that you are going to buy at low price and you are going to sell when it is on high price already.

Trading is never easy. You deal with emotions.
I started trading since march this year. But,
my btc was still not growing. The reason was,
I trade with emotions. Lost of patience,
easy to sell my coins. So this time,
I trade with patience. Anyway, let's hope
that all of us here will earn more profit
in the world of trading.

Buy low sell high is  the most common thing when we do trading but we need other information  or learnings  that are essential on our trading career .THose  things that you said are just basics on this career. Altcoin trading is somewhat difficult because there are lots of  coins to choose from there are  potential and there are waste of money coins.

Meantime i found some interesting youtube channels:

https://www.youtube.com/channel/UCdC3h2m88FC02Yw-A_VESRQ
https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg
https://www.youtube.com/channel/UCe3O5ZLxQzGz4-nfl6XLEHQ

This particular video is quite impressive (LTC pump): https://www.youtube.com/watch?v=LwJ-4dLQAHQ

My trading strategy depends on many factors, I spend a lot of time reading news on some crypto news sites, these news will make you able to recognise the markets and why some coins rise up and why falls down, the most important site for me is newsbtc, this site post daily technical analyses for bitcoin, ETH, and ETC, in addition to latest crypto news.

Just be careful in choosing altcoin. There have many scam coins. It is very difficult to a beginner like me. I never get a profit on trading. But i learn in my mistakes.

extra careful in all the action that we are going to do either bitcoin or investment.

i only use the chart that show in market exchanger on poloniex so far i think its really work and really help me when i am trading on poloniex. i think the most common technique for every people is different, maybe just the basic is that we should see the charts, and then we might be develop or build our ways to trading so we can get profit.

I know the typical way to recoginze a promising coin for an investment. But my question is:
If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?

Honestly you didnt know when that altcoin should you sell if the price is increasing.. any altcoin is unpredictable and you didn't know when is the best to sell those altcoin.. Better to sell it if you already made a profit so that you can buy again if the proce is going down..

This is true, altcoin trading is so unpredictable it is high today and worthless tomorrow.  The best approach is what the one i qouted, to sell your coin when you have seen a profit in it.  Though if you really want a more serious coin to trade, then you need to research for it.  Choose those that have a huge community and active developer.

i think every one has their own trading nature, some people do trading investing a large amount of money while other people trade with small investment, my own strategy is that i mostly do trading in alt coins but i mostly study for cheap coins and invest some bitcoin there i never like to invest all my assets in one place therefore i distribute my assets in different places.

I do all of my trade on the technical analysis, as I do not want to lose or scammed so I do not rely on any rumors or any announcement from the developers or from their supporters or any tweets, plus I also do search about that how much the developers are active for their project.

I admire you for doing that because that is the right action for a clever trader, you should not trade directly without having the right information as it is very risky doing that kind of practice, information are everywhere so it is only on us if we will seek the necessary information that will help us to successfully trade and make profit.

You can just buy alot of low priced alt coins which are not run by scammers. And with any positive price change you can get rid of them.
Rinse and repeat and it's profit although low cause your buying the low priced ones for a lower risk of losing alot of money.

I like to invest in good altcoins and trade when there is a breaking news like the DAO hack or some big announcements. I did loose money in troll box trades and made some on ETH and DAO based on the DAO hack news. I had made some cash in Strats and Antshare. EGC and litecoin are the other. Missed out on Monero. I am betting on ICO s such as Iconomi, Synereo and Singular DTV as they seem to pay more than doing any short term or day trades as of now.

How you know if the coins are not running by a scammer? ??? and all of that is not easy like you said, especially for choosing the potential coin.

When I choose an altcoin I follow a few aspects:
1. it is mineable?
2. Who are the developers? What are their plans?
3. What is the coin's special character? Do they have a whitepaper?
4. Do they have twitter? Facebook?
5. Do they have appear in press?
6. etc.

There is only one technique that choose carefully for buying coins for you to earn . And buy low sell high that the thing to remember for you to make good profits and huge profits . Since trading you can lose if you buy coins not lifting so better choose well you earn to buy and not sink . Many novice to trading does not know the losses so goes the money they use in trading .

I think it is better to trade the coins with top 20 market capitalisation. It might be less profitable, but it is safe.

Some guys prefer the higher profit even with high risk. Just look at the community there are too many gamblers here. Even the non gambler sometimes are hooked on it? Why? Almost all exchange sites have dice or other gambling games in it. So what to do? Instead of a one time gamble I would prefer a trade with a high risk, high income plus I can monitor the fluctuation if I need to back down or wait for the rise.

Definitely true ,many novice traders do buy and sell with panic they don't know what is the best time and what this fake signs is.
That's what trading is newbies to pro traders and the group of manipulators which makes profit goes . Reseaeching the best coin to trade in is the best weapon on trading.
TOP 20 on marketcap is good but it's not safe at all we don't know what will happen ,any coin can be dump but yes its much safer than new coming altcoins ,but the main purpose of trading is risk at all times so for me i will go for tge risky one whatever it does im ready for it. I made my own researches with the new coin great projects.

In addition to what's OP's already doing, he can also watch out for new coins. Right after they get in their first exchange website, buy some of them. I guess there's no coin that never reached a price that is higher than their initial price, right? So if you buy at the initial price, all you have to do is wait for it to rise for the first time and then dump all your coins. It's your choice if you don't want to sell it at the first pump. It's pretty sure that they will have a first pump but you don't know if there'll be next time.

I trade cryptos safely and patiently. I don't trust those new coins showing up nowadays which most of them are just pump and dump schemes. I'd rather go for cryptos like ltc or doge, not that big profit but a sure way to gain profit. You won't be scared that its price will dump hard suddenly.

i think for todays, not just 20 altcoin which is list on coinmarketcap that can give profit, but take a look with altcoins in under 1k sat, it will give us profit too, like for example ltbc, flo, nsr, and else. so while it have a chance to reach profit, then we should go for it.

If I use the same trade as you, I use technical analysis and some predictions. I was also watching the price to make sure the price is favorable or not. First at the first time I used the trade, I use a small amount because I consider the beginning of my trade is learning to understand and profit on the trade.

i am a successful trader ( since small) at yobit.net . there my stertgy to always get a profit is to buy every coin in small amount . any coin can jump with its price and can give a bulk profit . so keep every small and small coin ready at exchange site and get profit with increase price

You can buy alternate coins and sell them when they become more valued. My strategy is to buy the cheapest ones cause they don't require alot of money to get alot of them but once they go up in value you'll have alot of profit since you'll have alot of coins

I have a trade group and I use groups, twitter and the information about 80%, and 20% I use the technique because I am not so good in analyzing techniques and still in the learning stage.

yobit can be use to start trading because in yobit, there is many coins that have rate with only 1 sat and it will get pump in a second, but we should careful when we want to buy the coins, because there are coins that have rate in 1 satoshi but it never get pump in almost 3-4 month, its still have 1 satoshi for the rate.

And also the coin might fail and your 1 satoshi can easily turn to 0.

I saw the potential to win in yobit, but also is a very huge risk to trade on it.

Yobit is good :D but i do prefer c-cex because im used to it :D  i dont know why it is something im comfortable with the site. Yeah agree :D  and sometimes it will die falling and falling and it will never pump at all so you should be careful in trading :)

We should trade where we are comfortable of trading, and I believe yobit has a good number of crypto currencies listed, so if you want to be active all the time, yobit is always the best choice.

I prefer poloniex for just the looks of the website but it is almost the same. Maybe they should be thinking on making an application in android for it to make it more faster for other users.

I trade my crypto currency in ccex its easy use it
in cellphone and i get profit in there everyday
so that i buy a lower price then i sell it in higher.

i trade the bitcoin and i buy bitcoin with low price and then hold it when price go to high value then i sell it with high price and i prefer that trading of bitcoin is very safe and secure and everyone buying bitcoin and supporting bitcoin so bitcoin is stronger and best trade is in bitcoin.

That was the very common and basic way of trading ,buy  low and sell when price is high ,but i don't know why the OP ask for the common methods or stratedgy why not he ask for more tips to have a successful trades.

Yeah bitcoins is the safest crypto to trade in because it is proven fluctuating more times than you pick altcoins without knowing if it is scam coin or not .some of the traders just buy cheap coins its good but if it scam coin there's nothing you can do to it.

There is many altcoin in exchanger if you want yo make profit you need to know even little thing about the coin you invest the hard part is to find a good coin to trade but after that you will be play safetly with trading just learn the coin first and the future plan of that coin.

Actually I already know that those cheap coins are scam. But if you can trade faster than them then you can win it. You just have to monitor it frequently until it goes up even just by 1 or 2 sats then I already profited a lot

Thats good. I started also from small amount just to know the ins ans outs of trading. Its different that you are doing it in real time. The feeling is different and exciting at first. I even cant sleep  or when I awake at night, I also open my account to see whats happening LOL Bt as days,weeks and months pass by, you will be used to it. :)

Yeah good point of view that trading need skill and luck and i think these is the basic of trading if these quality in your mind then you can get a huge profit from trading easily and trading can give a good profit to you than other investment so i also prefer that trading is good than other.

Also you need to be an experience trader to make money, with that being said for the newbie, they need to start with a little amount of capital so when they lose it will not be hard on them, start an amount that you can manage to lose when you are still learning because overtime you will be matured and when that happens that is the time to raise the amount into a serious money.

Yes, whenever we say that trading depend on experience, knowledge and information and also trading is time taking work, So that is all right, Because when i started trading than i was thought that i will be done it very well but in fact reality is always different, even most of the time i can't make profit and i sell my coins in a actual price.

That's a great thing because doing it together in a group is always safe when it comes to any cryptocurrency or altcoin...
I would like to join groups, but getting none ATM... Can you please let me know through PM whether it's possible to join yours or not???
I would also like to learn it with you in a better way...

If you are part of a big group, you might be able to influence of the price of a particular coin.

The trick to trading with crypto currency is to know the market inside and out and analyze prices. Once you know them you can see behavior of prices and patterns which allow you to see chances and take them more easily without just guessing randomly.

You can trade with cryptocurrency the same way you would do with stocks, you buy them up and if price raises you decide to get rid of them or keep them and raise more.
Just study the market and analyze prices those are the most important points before you start.

It is a different market but I guess trading crypto currency brings your more money due to the fact that it is more volatile than other assets, and yet you cannot make consistent income here with lack of knowledge.

It is more rewarding to be here in cryto world doing some kind of trading but the risk is also too high for traders who does not study well.

which is right the possibility of earning big is here since the fluctuation really moves higher if you got into a perfect timing you will not only double but possible to make x10 of your capital but risk of losing big is also needed to consider.

the hard thing is waiting for moving higher price because we can not be in front of our computer or android phone just to see the movements of the price. but all in all, its a high profit that we can get when we are buying in low price and we sell in high price.

To be successful in trading we have to give up our daily job and focus in trading alone, you would do that if you are serious with your way of making money and you would not might putting extra time and effort as long as the outcome is positive on your side.

80% is enough because nobody can be 100% for sure if an crypto currency worth or not investing. I sometimes just check if the price is changing often and I risk to buy and sell some coins but with lower amount because I don't want to risk for example 1BTC in a coin I have not much researched.

I agree 80% is enough for making profit from bitcoins, because usualy i can make profit from trading is just 5% of capital as constantly every month. But it is enough because my bitcoins will growing up although slowly.

yeah im intend to have at least something similar to what you have i just wanted to make sure that my investment is really working for me and my btc is growing even in a small percentage.

I dont use any other crypto-currency other than bitcoins but i used bitcoins in the past to trade with neteller because there deposit with bitcoins option in neteller which helped me alot to deposit in neteller using my earned or bought bitcoins.

i think there are so many ways through which you can use crypto currency as i persoanny use youbit and some other exchanges for trading in bitcoin and use online sites for investing in gambling.

i use different exchanges and some time online sites for for crypto currencies for trading.

I have not trade with crypto currency before, I have being trading forex for the past eight years'. I thing trading currency like commodities have some similarities, such as buy low, sell high technical and fundamentals effect on the market and emotional effect. Because of this the movement of the market is not easily predictable, however if you want to succeed in crypto trading or forex and commodities you have to develop your skill, on technical and fundamentals analysis, money management and limit loss and take profit.

Someone is wanna make an over 100% of their profit and that is so greedy person in my mind, in trading I do not need a big profit I just nit a stable profit or income. that's already enough for me.  impossible for make more than 100% of the profit from the total capital ni this time.

100% would be  possible  on trading   cryptos and you would really need  much research  of information  on a certain  coin  and also  you must need luck to a particular best  moment to  buy or to sell which could make  gain of  profits 100% would be  achievable though  but as you said we should  be contented  on what would  be  the results  of our each trade as  long  its a succesful one.

If that is possible in gambling, it is always possible in trading, what you need in order for you to be satisfied with your income is a big amount of bankroll so you will have a quality time when you are trading and will result to a bigger income.

Well I am using only the most trusted exchanges like poloniex and most of the time I am monitoring my trades with yobit.

Because I find it very easy to use and to buy with different alt coins that I am able to trade. And I am selling all my trades fast if I am able to see a good profit.

And that is ranging $5-$10 per day.

For altcoins I can recommend yobit as they have a variety of altcoins to choose from, personally I use yobit in altcoins but for bitcoins I use poloniex, it is good to have different exchanges just to make sure you will not loss your whole amount of money when something bad came up like a hacking.

iam trading crypto coin in pair altcoin in poloniex bitrex and c-cex
and iam monitoring in coinmarket so can monitoring price in all exchanger
and can arbitrage coin is poloniex to bitrex, or bitrex to poloniex

Do you mean you can earn $5 to 10 per day? That is quite small amount if you can earn more in day job.

I think it was a good result $5-10 in just a short time also you do not need to work hard. whereas if you get in day job, although get more it takes more than 5-8 hours and it was obviously very tiring.
You can get more than $5- $10/day and it depends on your capital. I myself can even get 1 BTC in one day. but not often and it is very rare

Duplicating your investment is possible but you will need  to enter in markets with lots of ups and downs and the risk of losing money in such a markets is a lot greater.

Doubling investment with the bitcoin is quite difficult. You need lots of experience and capabilities to do that.

you say that as if it is easy to "double" your money in any other market. where else in the world can you find an investment that doubles your money in a short time easily.

gold? stocks? oil? forex?

none of them do it. then why do you expect such thing out of bitcoin. be realistic and see the real potential which will show up in long term.

First Of all I Use Mainly Popular Altcoins To trade Because They are Trusted Coins and Having a Good Developer Team and After Choosing a Best Coin Firstly I Saw the 24 Hours Low Price and after that I Check the Previous Days Price if The Coin After that I Do Some Technical Analysis and the. I Invest My Money in Trading....
That's My Common Technique I am Using to Trade Altcoins.....

thats good knowing the current movement will allow you to assess if the coin will continue to move down or up its depend if theres some updates that will happen because for sure some movement will happen if update is expected.