Currently bitcoin and ethereum rule over all cryptocurrencies,especially bitcoin.
If you had some money to invest in another alternative which crypto currency would it be and why do you choose that altcoin.
its fine if you suggest multiple as i dont plan to invest all my extra savings into a single altcoin.
I believe that at this time you should only invest and trade bitcoin, should not invest in altcoin will be very dangerous, although bitcoin prices are recovering and altcoin are rapidly rising prices but can see that the rebound of bitcoin only in the short term and will probably continue to decrease at any time, so you should only trade bitcoin in order to minimize the risk. |
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Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
I think you should continue to hold and should not sell altcoin at this time, you can see that the market is fluctuating continuously and are showing signs of strong recovery as bitcoin and altcoin prices continue to rise sharply if You bought altcoin at a good price then you keep going because according to my analysis bitcoin price will be able to continue rising and can recover to the $ 7200 mark. |
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I definitely will and that's what I'm currently doing. I hold more altcoins rather than Bitcoin. The price of BTC now is still the highest in the market and I believe that I will have more profit in the future if I'll invest my money in quality altcoins so whenever I have BTC, I use it to buy more altcoins.
I do not think like you, you can see that the market is bearish in the long run, so the trade at this time is very difficult, bitcoin price despite the recovery, but I The price of bitcoin will not be able to pass the $ 7000 mark. So in order to be able to secure a profit and minimize risk I think you should only trade short-term bitcoin. |
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Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
I think that at this point you should buy altcoin to trade properly, you can see that bitcoin prices are recovering very strongly and still holding up momentum when it touched the $ 6200 mark. I believe Bitcoin prices will be able to rebound to $ 6800 today so you can be assured of altcoin trading at this point and get a lot of profit. |
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Well, with this small amount, I think the best coin for you to invest is Dogecoin. You can buy dogecoin and wait for several months, its price would pump in 2018 and get around one dollar.
No, I did not think like you, can see that the market price of crypto in recent days is constantly falling, bitcoin and altcoin prices are constantly falling, so I think that at this point you should only Short-term trading and investment in bitcoin. Adjusted bitcoin prices are dominating the market, so altcoin trading at this point in time will be very risky and you can lose a lot if bitcoin prices drop dramatically. |
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I was looking at the possibility of investing in several Altcoins as part of my trading by selling off Bitcoins. I do feel that with proper planning and execution, the profits that could be reaped through these Altcoins by day trading in a week would be far superior to that of Bitcoin.
It is true I am talking in terms of a short term gain. BTC is certainly a long term investment but what about the short term gains? As an example, even if I invest in 1000 coins of IOTA or 10000 coins of NEM, I am assured of greater volatility in the market for these coins compared to that of BTC. If NEM makes a high on a particular day even by 0.05$ USD, I would make 0.05x10000 = 500$ USD in a day if I sell all my coins at that price.
Of course, trading does involve many other practical factors which make things not as simply as I write here. But being a pro I can simplify the complexity and say that it is certainly possible to make it so.
But will this not be a way to make decent income every day? When you invest in cryptocurrency, it is a need for one to continually observe the market trends. When one is able to understand the intricacies of the market then it is better that he takes up (day) trading.
After all it is important we make money on a regular basis apart from the long term investment isn’t it so?
I believe that at this time you can buy bitcoin and altcoin commercially, the market is showing signs of strong recovery as bitcoin prices are steadily declining in recent days, at this time. The market is showing signs of recovery and in my analysis, bitcoin prices may continue to rise to $ 7000 in the coming days. So you can rest assured when trading altcoin these days. |
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As a human being you have emotions. You can not get ride of that. But you have to give accuracy what you are going to trade. Research market in your own mind. Don't take younger advice. Think you will be succeed.
I think getting rid of emotions out of the deal is entirely possible if you can obey and follow the plan that you set out to do. You can see that greed and fear are always the two biggest barriers to your success. So you need to have a clear business plan and always follow it in a discipline that you can succeed without feeling anxious. |
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What are you guys trading on the most?
Anyone using the Bitcoin to trade stocks like 1Broker? Or mostly trading BTC markets? Or Altcoins?
At this point in time, I think you can start trading, at present bitcoin has rebounded to $ 6200 and according to my analysis, the bitcoin price will probably continue to rise and possibly reach $ 6500. . The market is showing signs of recovery, so I think that at this point you should trade short-term by day and always ready cutloss when bitcoin prices fall. In my opinion, this is a short-term recovery and in the longer term, bitcoin prices are still bearish. |
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The market is currently in a deep downtrend, in my opinion, btc may be down to 5k5 then turn up strong! What do you think?
You can see that the market is showing signs of recovery after bitcoin fell to $ 5800 and is now at $ 6200. According to my analysis, this is only a short-term recovery and bitcoin prices may continue to fall sharply in the coming days, the market is bearish in the long run so you should only trade short termination and termination of the day to minimize risk and preserve profits. |
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Hey everyone. Do any of you professional traders out there have advice on the best situations to use stop-loss in a trade? It would be much appreciated.
ricseb
I believe that with a market that is in a bear market in the long run, it is very important for you to place a stoploss in every trading plan. You can see that bitcoin prices are dropping sharply over the last few days and the recovery is weak, currently correcting at $ 6200. I think that at this time, when the market is gradually falling into crisis, you should only short-term trading and always have stoploss to be able to zone the damage. |
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Hello Friends...
This is Newbie Here. I Just want to invest in Digital Currency. Anyone suggest me which is the best platform for long-term investment? How can I Invest Online?
I think that with a market that is constantly fluctuating and it is hard to predict the current time you should trade short term by day, and invest only in bitcoin. Bitcoin price fluctuations are affecting the altcoin so trade altcoin at this time the risk will be very high and you can lose a lot if heavy losses bitcoin hard to recover. |
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Hello. I started trading a few weeks ago and i lost about 80% of what i invested (I invested in TRON, Ripple and Cardano). I started with 100 dollars and now i only have 22 to invest. I know its very little but im from Portugal  and don't have more money to invest. Can someone please give me some insights or strategies? Thank you in advance and i'm sorry if this is something i shouldn't do. Good trading you guys! I believe that at this time you can buy bitcoin and invest in altcoin, you can see that in recent days bitcoin prices are constantly adjusting slightly and are showing signs of a slight recovery when it comes back. milestone $ 6100. I believe the bitcoin girl will return to $ 6500 in the next two days, so you can buy altcoin and short term trading at this time and you invest in coin top 10. |
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Technical data hints that it can go down to 6000 or 5500 level.
What do you think?
I think that at this point you can buy bitcoin, you can see that bitcoin prices are constantly fluctuating with a strong rebound, so I think you can buy bitcoin at this time. . I believe the bitcoin price could rise to the $ 6500 mark and you can sell the bitcoin at that point, the market is fluctuating continuously so you have to have a specific trading plan. |
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This is WRONG I believe that we will have a breakout. I thought so because I saw one of my friends post the pie which is telling us that we will have a breakout.
I think you should look at the way you can see that bitcoins have been dropping steadily over the past few days and still can not recover from the $ 10,000 mark. I believe the market will continue to decline and this is the inevitable rule of the price line, and it will take a lot more time for the bitcoin price to recover, I think it takes a year. |
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I'm in a fix! I took a quick loan to invest in a certain business that went really nasty. Used my only car as collateral. I only have less than a month to repay. In a nutshell, I need $5000 in less than 30 days. Got only $200 remaining. I know this is quite challenging but...I'm desperate. Any ideas on how to grow my $200? Cheers!
I think it is possible for Bitcoins to reach $ 5000 in the coming days, you can clearly see that bitcoin prices are dropping sharply and after reaching the $ 6000 level the current rebound to $ 6200 mark. But according to my analysis, this is only a short-term recovery, in the long term, bitcoin prices are tending to fall and $ 6000 will not be able to stand firm in the coming days. |
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They say that day trading is a skill, so practicing should make you good at it right? How long someone from newbie to advanced should spend to be considered good?
In my experience, I advise you not to trade at this point, you can see that the market is in the downtrend and bitcoin prices are constantly falling, now fell to $ 6000 level. The price of bitcoin fell sharply, causing the price of altcoin to drop accordingly, so transactions at this time very difficult to be profitable and very high risk. |
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Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
You absolutely should not start trading at this point, you can see that the market is bearish in the long run, so to be able to trade successfully you should only trade short term according to day and should limit every transaction at this time. The market is unpredictable and bitcoin prices may continue to fall sharply at any time. |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
I think that at the moment you should switch to USDT, we can see that bitcoin prices are also falling sharply throughout the days so that in order to successfully trade you need to trade in short-term day and change to USDT at the end of the transaction to be able to preserve the profit. According to my analysis, the bitcoin price will probably be about $ 5000 in the coming days. |
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Bitcoin price drop, guys who say?Next support should be expected between 5500-5400 Yes, I believe bitcoin will probably reach $ 5400 in the coming days, as you can see that the market is bearish in the long run, so bitcoins will probably continue to fall. After touching the $ 6000 level and now has recovered to $ 6100, I believe that at this point you should not buy bitcoin but wait for the next bitcoin price to make a trading decision. |
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Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.
I think you should not trade at this time, the market is very volatile, the price of bitcoin and altcoin is constantly decreasing and there are no signs of recovery, so to be able to trade Success is very difficult, the market is bearish in the long run so trade at this time the success rate is very low. You should wait for the market to stabilize so that you can start trading. |
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