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Hello everybody,

I am here because to get opinions & advises from people like here is. After i get a little profit from trading&investments and to share my knowledge to others too, because knowledge is shareable, i believe that our knowledge should share each other and help to grow them too. I never be lazy to support to others.

I work as IT support and my profit is my salary what i am getting from daily hard working at my job!

Because of that i decided get a little profits from crypto world even 5% makes me happy. I believe world is for crypto currency and i am not afraid of its fall down.

I have invested some money about 100$ on Binance and Cryptopia. I hold there Tron, Verge, Paccoin, Doge which i got free from freedoge, Electrnium and Denta.

Need advises what will be smart choice to change them and keep only one coin or add some good coins too?

Any advises will be great appreciated. Also will be happy to hear how YOU begin your Trading & investments in crypto world and getting earning. Share your stories please.

Also any good tutorials about Trading.

Thanks everybody here in advanced.

Best Regards,

Gelapir

I think you should focus on buying coins that have actual use and not much FUD around them . Tron and Verge right now have too much controversy surrounding them , and you might get screwed by them .
I understand you bought them because you so the dip they had and thought they for sure are going back ,I bought tron 3 weeks ago and i've exited friday with a loss. Those coins aren't going anywhere and are news driven (if there's an announcment they pump then dump little after) .
You should do research and study a coin you wanna buy and not only focus on the charts .

You are on a good way to get familiar with cryptocurrencies and being also part on ICO projects like electroneum.
Dogecoins are in my opinion good to hold.
To hold at least five coins is a good choice. Don't put all your funds into only one coin. It would also be good to hold a part of your funds in Bitcoin.
What do you mean with 5% profit? 5% a day, week or year?
I have devided my funds into two parts: Longterm hold of five cryptocurrencies and a very little part for day trading. If you also want to keep cryptocurrencies on longterm, don't keep them on exchangers but transfer them into wallets, where you own private keys.
Cryptopia is a good exchanger for beginners. You can learn about each coin at coin info section. In troll box you can gain some nice tips and in forum you can learn about the exchanger.
Also here on bitcointalkforum there are awesome threads about basic f.e wallets, exchangers and much more.

https://bitcointalk.org/index.php?board=39.0

Knowledge is most precious of things in trading and i think you know that, also i see that you are on good path and you know what is important. I have not done much trading my self, but i try to know many different things. I think that investing in Ethereum would be good choice. Ethereum is one of strongest cryptos, it have good price and good possibility for rising too. Also like we could see from last month or so, when there is problem with bitcoin people turn to other possibilities, and most of them chose Ethereum. I believe that if something happens to bitcoin, ethereum will be the one to succeed it. Therefor i think that ethereum would be good choice. Think carefully. Wish you best of luck in the future.

Diversification is the key to a healthy portfolio. So don't change your holdings and convert them to a single currency. Instead try to hold more currencies as possible. When the bad times come, one or other currency will give you support if bitcoin is going down. So always diversify your investment and continue holding whatever you are holding. Probably you can give more weightage to bitcoin and hold around 50% of your investment in bitcoin, but put the rest amount in other coins just to be in a safe place.

Prepare yourself for a good knowledge of the crypto market before you invest in it; knowledge will help you avoid making fundamental mistakes and catching market fluctuations in order to make the right decision. Best. Always keep yourself calm when trading in the market, psychology is an important factor that investors need to keep stable. Frequently track news from the market to capture the new trend to invest.

I recommend hold btc,xrp,xrb and eth for long term you need only to wait until the price go so high and i'm sure in this four without losing any money from it,try also aion tokens in binance and hold it for long term i tell you this because base on their future plan in coins and in tokens too.Moreover if your newbie in crypto i think you should read some ideas in beginners and help for more knowledge how to earn here.

Starting with small amounts on doing trading isnt really good.Im not against with your coins or portfolio if they are good or not but since you can able to see some profits percentage then its not really bad at all. Just focus on studying on trading and go gain experience along the way and if you do find out that you can able to make money then you can try out to expand even more specially on the capital you can afford to invest on. Focus on diversification into other coins just like on what you are doing but just avoid to go with fuds or hypes.

When your want to be able to find a good coin it is more important to conduct a research about it, make time for it since investment in crypto is a gamble and a game of chance, consider as well their teams, if the coin has a unique project and is aiming to upgrade itself every time together with the price then it can consider as a good coin. But for assurance, choose a coin that is already listed in coinmarketcap.

If you like coins over $ 1, try to buy Ethereum, NEO and Ripple, they will be the best krypto candidates this year.

Because I think:
Ethereum. Its popularity is not far behind with its parent yes it is bitcoin, so ethereum is often used in various ICO projects.

NEO. This coin is believed to be a champion in the country of china, although only in China, NEO able to compete with some seeded coins such as: Ethereum, Ripple, Bitcoin, Cardano, Litecoin and, NEM.

Ripple. Inevitably, this coin of manipulation, much favored by the banking community, even this coin has the potential to overtake ethereum for the second time in 2018.

Thanks friends for your such kind recommendations and advises. And thanks for that you gave your time to me which i appreciate a much.

I would plan to keep for long term Doge, Electroneum, i also would add Neo and Etherium too, as u advised me. I will hold about 5 coins for long term. Also i am going to check other good coins in markets and will get more info's about them for hold long term.

I have my coins on ex-changers like Binance and Cryptopia accounts and as you advised me you recommend to keep that coins on good wallet which coins i am going to hold for long term?

which wallets is best after Blockchain and recommendable?

My Favorite coin list is that:

Dogecoin

Electoneum,

NEO,

also think to keep Paccoin and Ripple. I will keep only 5 good coins for long term.

I will keep that thread for look inside and keep your recommendations in MIND.

Thanks.

I like your style of explaining things and plus I'm happy that after all this you are not greedy person to grab 100x or 1000x profits which people do ask for. Its good because those who are greedy one and want huge profits never win the market. Its always advisable that we should just spend the money which we are able to loose and only grab the profits which makes us happy, in your case 5% is enough! So you either keep the investment which you have made currently as they are decent coins. They will give you some upsurge surely and you can easily grab that much profit from it.

But choosing single coin would make it more introvert but could turn out great investment. For example, you can easily put those 100 USD in the ETH and may expect doubling of the same by the end of this year. So watch out the news for the ETH you might find your right spot. :-)

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Need advises what will be smart choice to change them and keep only one coin or add some good coins too?

Best Regards,

Gelapir

Share knowledge that we have will not affected to us and will not make our knoledge less. So i agree that our knowledge is transferable. Never be stingy with knowledge because helping each other can make us happy inside.

Anyway, regarding the coin, i would suggest you to hold more than 10 coin amd now you need to add more.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Need advises what will be smart choice to change them and keep only one coin or add some good coins too?

Dont just stick or buy one coin. Buy another coins too so you can enjoy your profit. But dont just buy some coin that you dont know what coin is that, i recommend you try to check https://coinmarketcap.com before buy another coin and make reasearch about that coin too so you wont scare with your investment.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Any advises will be great appreciated. Also will be happy to hear how YOU begin your Trading & investments in crypto world and getting earning. Share your stories please.

Isnt interesting story, just buy when price is cheap and sell it at high price. If someday coin prices is going down, you can choose hold or sell. If you scare, then better sell even that just give you 3% profit. But if you want take a risk, you can hold it and wait price going up again. Thats how i start my first trading.

Quote from: cissrawk on January 22, 2018, 09:38:43 AM

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Need advises what will be smart choice to change them and keep only one coin or add some good coins too?

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Any advises will be great appreciated. Also will be happy to hear how YOU begin your Trading & investments in crypto world and getting earning. Share your stories please.

It is always important to have multiple coins in your basket so that you are well versed with the risk that this cypto currencies carry along with it. Along with some top altcoins one should buy other coins which has fallen 30 -40% in last few days and as the market starts to rise most of coins will rise at faster pace since currently this are fallen a lot.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Diversification can only bring you further. But if you don't know what you are doing, like investing in shitcoins and coins that are hype by FUD and pumpers, you can't earn good profits. And if you over diversify your portfolio, heck, you can still get negatives at the end of the rope.

Just 3-5 coins is enough in my opinion. The key here is to invest in crypto smartly. Do your homework and learn how to enter the picture at the precise moment. Like buying in dips and not on top price.

Quote from: gelapir on January 22, 2018, 07:08:20 PM

So one question too: for coins hold long term is recommended on like cryptopia, Binance and cex.io? Or where should keep it all together on which wallet?

Keeping funds in a exchange is not a good practice. Because on a likelihood of a hack, your funds will be stolen. Much better to withdraw a few and keep it in your wallet that you have control of the private key and just kept a few on exchanges for trading purposes.

Quote from: gelapir on January 22, 2018, 07:08:20 PM

So one question too: for coins hold long term is recommended on like cryptopia, Binance and cex.io? Or where should keep it all together on which wallet?

I recommend to try ripple and litecoin. If you on cryptopia i will recommend Electroneum(ETN).
After you buy some coins, transfer or send it to offline wallet such as dekstop wallet or mobile wallet that have full control on your coin. It will give you options to backup your wallet using private key or something so it will more safe. Keeping on exchange wallet isnt really good but if you still use exchange then is up to you.

If you like money over $ 1, try buying Ethereum, NEO and Ripple, they will be the best crypto candidates this year.

Because I think:

NEO hợp tác với các chứng nhận cơ sở tại Trung Quốc để thiết lập bản đồ sản phẩm bằng cách sử dụng hợp thức thông minh;

- NEO received a same as new mode for string cross distribution distribution compatibility;

- The NEO startup near the partner include Bancor, Agrello, Coindash, Nest Fund and Binance with more information about more.
XRP is a shared network, it does not be dependencies, any administrative management, so that the data, the transaction information be secure an toàn, no wait to determine it through a fast network.

Binance coin (BNB) is a digital currency developed on the blockchain platform of Ethereum under the ERC20 standard. BNB coin was released by Binance, China's largest digital currency trading platform, with the goal of maintaining and developing Binance's system. BNB coin is used to trade with other coin on Binance along with BTC, ETH and USDT.

I normally Hold coins atleast 6 months, and i set a target amount percentage, i keep my selling strategies for any coin. I do sell 50% of the coin when the price reach to 20% of the target amount. And from that 50%, i do sell 20% of coins when the price reach to 35% of the target amount. And i sell another 20% of coins when it reaches to my target percentage, and hold the rest for a longer period. I do buy coins even at very low price on the day of exchange listing when there is dump if the project and the roadmap is clear for me and follow the same selling strategies. If i think personally that there is no growth on the coin price, i do sell them at a less loss.

Quote from: cuenzy on May 23, 2018, 06:06:16 PM

Research.research and more research about the coins and the trading as well. If you enjoy investing here you eill enjoy learning the right way of trading and dont expect too much in first few trades. Goodluck

I am hundred and one percent agreed with your forced statement. Definitely research is just made out for betterment of your results. If someone wants to earn good money out of your investment, you are supposed to do big learning thing. Only then, your results can be enhanced and influenced. Otherwise you may be leading towards big losses and that would made you empty pocket person.

Learned from my mistake in trading, i was loss alot of money because i did not use stop loss. So we should be use stop loss for every trade that we make, and use exchange that provide this feature. Crypto market is open all the times and we can not look in to the chart every times, so use stop loss and sell limit by the same times will make trading activity more profitable. I used exchange of Gate.io that has feature of trigger order so i can use it to setting stop loss and sell limit at the same times.

Quote from: gelapir on January 22, 2018, 11:26:37 AM

I will keep seeking info's about coins and i will check news / posts here. I have pined that forum to my browser to keep informed myself. here is so friendly people.

I think keeping your coins at a place like ledger nano S is the best you can do, depends on how much you invest into crypto of course, I mean if you have just couple hundred dollars at most you don't need that. Aside from that keeping it on a big exchange like binance, poloniex, bittrex is definitely a good option as well because they wouldn't want to try to steal your money since with one big wave of bad moves they can go down the volume ranks very quickly so they are trying to keep their customers happy.

Diversification is also a good idea of course because if you have your money tied into different accounts than even if one happens to be a bad apple than others are still doing well. I wouldn't change that for now. Definitely worth checking hardware wallets if you invest too much but if not than couple exchanges would be enough.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

in my opinion saving a few coins that have good potential is a good decision, because if you only save in one coin, then the risk for loss is too large, whereas if you save in a few coins, if one coin decreases, you can still hope on another coin.

Quote from: wayaneka on November 11, 2018, 01:50:20 AM

Well, that is usually what happens when we tend not to learn as much as we can when it comes to trading and then see it as a profession instead of a way to gamble which is what most people always see it as at first and then hoping that luck will always help them out in a lot of ways. Stop loss is always a very necessary part of a trading plan, which is one of the main reasons why everyone need a plan before even entering a trade, and that plan is based on your strategy on what you are looking out for to make a trade in anticipation of some possible movement. However, it is a market, shit happens and dealing with that shit when it happens is what makes you a good trader.

Quote from: Vanshenz on November 15, 2018, 08:22:32 AM

Most times even if you know that the coins you are holding have great potential, you won't have anything much to worry about. The thing about the market most of the time is that they tend to move at the same time. For instance, if we tend to see a bull market for the altcoins, it tends to cut across every single one of them and as long as they have potentials and not just some shit coins, it makes them an easy hold. However, I understand totally, the need for at least investing in different coins, to at least diversify the risk of future possibilities which is always a good thing.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

If you want to hold one coin then Bitcoin should be the coin to hold. But there is nothing wrong with holding as many coin as possible, if you’re sure those coins are good then you can buy them as much as you want and keep them to grow. I don’t invest in the coins you mentioned though, and that’s because they are not my favorites, I have a better choice than all that.

"Carpe diem I say, you only live once. Still, most everyone will tell you the same good advice. Stay diversified, don't go all in, only risk what you can afford. If you think you are risking too much then cash half out, sell it all if you think that is what you should do. Sell whatever you want, buy more, in the end, you are to blame for your own glory, defeat, or missing out. You are your own bank, you set your own destiny."
-James Clayton

Quote from: Vanshenz on November 15, 2018, 08:22:32 AM

Quote from: gelapir on January 21, 2018, 07:00:27 PM

For me saving good potential coin at right time is best decision of your life. Reason is, when it will start coming up and you have already had it, best combination it would be for your success.

Quote from: fiomcorka on November 19, 2018, 04:54:27 AM

Quote from: gelapir on January 21, 2018, 07:00:27 PM

For holding, bitcoin is the only coin that is worth. Else all altcoins are not useful in this case scenario. Bitcoin always help you to withdraw good money and profit even hold for so long.

I think you need to start to learn the basic and try to see the fundamental of the coins that you invest, most of the coin that you mention are not a good coin, its advisable to start trading with a small amount but stronger coin like bitcoin or eth, if you want to learn to trade then start with the chart, and follow the group signal, start building your experience by learning from trading directly

Quote from: Indrawan77 on February 26, 2019, 01:28:31 PM

I still don't know why some people are hoping for a shit coin to pump in heaven, there is really something that people need to know about how the market works not the just merely the demand and supply law. They should have basis of investment since the not all coins in the market is not profitable anymore. You're right, have an experience on strong contender on the market.

Quote from: maxreish on February 26, 2019, 12:04:21 PM

5% target profit is enough. Setting a target in trading is one of the key to success. And also, you have a good portfolio, why not add some potential altcoins like eth, iost, xrp? If you are open for a larger profit, i encourage you to study margin trading.

Yes, as long as he can reach the target profit. Maybe he can set a lower target price, so he will not feel that is not too hard to reach. He can always buy another coin if he still has money and my suggestion will come to the lower price coins because he doesn't have to spend big money to buy. Besides that, I see that a low price coin have a big chance to increase higher in this year so if he can find the right coin, he can make a lot of profit.

Quote from: purple.thoughts on February 26, 2019, 02:40:09 PM

You already have lot of knowledge about cryptocurrency abd how to trade it. All you need to do now is to be more familiarised with it. You might also wabt to discover other crypto to be trade as well. Join campaigns if you want other stuff to earn with.

Same rules are applied here also but there are big differences between other financial markets. For earning extra btc, joining bounty campaigns is good idea but bounty hunting is outdated nowadays. Crypto markets are volatile and illiquid so only having knowledge is not enough for reaching goal.

Quote from: Indrawan77 on February 26, 2019, 01:28:31 PM

Surely bitcoin and ETH are best coin to invest your money in for long term trading, if you will buy so many coin but with zero market value and no surety of rising in near future then it is useless so instead of it I would prefer investing in bitcoin with small amount but to trade for long term as it will give more time to learn some basics of trading and earn good future output.

Quote from: panganib999 on February 26, 2019, 02:25:26 PM

Quote from: Indrawan77 on February 26, 2019, 01:28:31 PM

You know everyone is entitled to your own opinion, what you see as shit coin might not be to someone, it depends on the level of understand of the coin project, I remembered when I wanted to buy Docademic though very low in price now just like major altcoins, I got an advise from a friend that he has ready the contract and understands the project but the coin is a shitty coin.

I also read the contract and believe in the project, thank God I bought when it was 0.2 which later grew to 0.4, that is how my 1500 usd investment gave me double return before finally crashed in price just like other coins are now, I know there are lots of shit coins out there, that is why one should not even invest in it rather than get to the stage of having to wait for it to pump which might never happen.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

You do everything correctly, any coin can "shoot", it is very difficult to guess in the market. I would also buy PundiX and Binancecoin, it is necessary to diversify the risks.I regret that Cryptopya closed.

Quote from: playboy654 on February 26, 2019, 02:20:22 PM

At this moment you need to invest and some coins and trade it later because this scenario will suitable for investment only but the coming up days will definitely had a huge possibilities of some development so investment now is very good for trading in the future

You are probably saying investment is currently better than trading because of the current volatility of the price (that's what i am assuming). But that's exactly the opposite. The volatility of the price actually gives you a huge advantage of making profit. If someone is quick enough and properly understands the pattern of the volatility, then the can make some decent amount of profit. But remember, this comes with high risks. Long term investment is actually a less risky option.

Quote from: gelapir on January 21, 2018, 07:00:27 PM

Find volatile coin like BTC,ETH, LTC or any other major and volatile coin abd start learning technical analysis for day trading.
It is not that complicated.

Test trading in a demo account. I would recommend you to learn support and resistance concept and some indicators like Ichimoku

Of course it’s a wave and will surely come back again, bitcoin will still increase as it’s become widely accepted, new things are difficult to easily accept, tracing the history of bitcoin generally from the inception, who would ever believe that bitcoin will even get this high to the current price which has been a bit stable on the current price for a long time now, the wave will come again this year and bitcoin will get so high overtime though not going to be permanent yet and later correct itself to a significant value higher than the current one.

Take for example, bitcoin gets to 15000 dollars this year, it will eventually still correct itself back to about 4000 to 5000 usd and become stable on that. This is how the trend will follow till bitcoin become stable on 1 million dollars.

That is a lot of coin for just $100.
How did you divide that small amount to buy this tokens? Yes, it is good to put it in many baskets but with that small amount it will be better to just one or a couple.

Next time, try to know more about cold wallets. You cannot let it stay in an exchange or else something bad might happen and you will lose everything you have worked hard for. Yeah, your money.

I will advise you keep holding other coins since you already have the ones you are trading with, you must have trusted those coins for trading before you decided to trade them and hold some.

Don’t allow your emotion set in or greed, since you already have coins that bring you daily profit as salary, you can only invest more money in order to double your income while you HOLD other ones for future purpose and as long term investment. Those coins you mention has a bright future for HODL and not Trading..

Quote from: ajaymukund on November 19, 2018, 05:15:21 AM

$ 100 is not too big for you to diversify your portfolio. That will make you lose interest in your portfolio. You should increase your investment to nearly $ 3,000 to get a better investment. And you should only invest 2-3 altcoins and hold it for 5 months. eg EOS, XRP and Pundi X.

Bitcoin price is actually preparing for another bull run this year which will be sooner than expected. The signs are all over and don’t rely on news alone. There are so many indicators out there and so many reliable analysts that have predicted that the bitcoin bull run we have all been expecting is coming again this year. I will advise you to use Monte Carlo simulation (also known as the Monte Carlo Method) this will help you make better decision under uncertainties.

Bitcoin Forum

Economy => Trading Discussion => Topic started by: gelapir on January 21, 2018, 07:00:27 PM