I just recently started trading, is this normal? On Binance every time the price starts to drop there is a constant stream of buys and sells at 0.000014, thousands and thousands of the same thing. What is that?
That is the seller and buyer.you can buy a coin that you want in put an amount on how much you buy then how many pcs.but in you're capital its to small to start trading.maybe you can read first how to trade not do the actual trading without knowledge.its hard to understand that if you don't have more information.
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It depend on you're strategy and skill.if you have a good skill you can go on day trading.then if you don't have that,you can hodl for long term but make sure you're what you can hodl.ch3ck the project if its good or not.
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I have notice that some of us here in the forum have this kind of bitterness feeling in banking sectors. They always compare banks and cryptocurrency and to the extent that they want to eradicate banks and to be replace by crypto. Are you sick and tired of reading this kind of post?
Just because they want to compare what is the best that give more profit in the future.this argue bank in crypto is I can say that its better to put some profit in bank for safe in then other is invest,but a little bit capital only.then if you gain another profit in you're investment save again you're new profits in the bank.bank is no risk when you put all you're saving than to invest that have a big risk.
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This speculation is not totally happen.if,that happen other banks will going to bankrupt slowly its because the demand of crypto currency is really inconvenient for many people and easy to use for payments etc.that's why other country will ban this crypto for not happen that speculation.
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Its not recommended to trade with a broker.this kind of plan is like a blind man.you don't know where to go.best suggested is you can trade by you're own.read about trading and practice to analyze how to the chart flow.every thing you want to ask is here just patient and read the information then adopt to you're self.
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I think that strategy is not working.you can all in if you gain small profit for short term trading,don't expect to much profit when you do that move.but if you want big profit and you can all in that's a long term trading that needs patient.you can stuck if don't have a patient then lose more profit for being greedy. I do that before so I change my strategy.you can buy a little amount then sell at higher price if you have extra capital for another coins then roll it if they have a potential.don't focus on one line.monitor another coins that have a potential to make more profit.
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I suggest to hold bitcoin for long term.bitcoin is better than other coin to hold in the future.because bitcoin is a mother of crypto currencies.no one can stop btc for being top currency's in the market.they can give you big profit soon unlike other alts.
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Hello I am newbie here I want to start in trading where can i start? can $100 survive in trading? Please help me give me idea where to start
If you have a capital just like you said I think you need to learn first how it works and make more profits.the capital is not a big deal to make trading but the big deal is you need more knowledge and skill.just do it step by step being a newbie.if you rush you're self to do trading without skills and knowledge you will be bankrupt as soon as possible.
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You're strategy is also same on mine.I already do that before and until now.but I don't focus on that basis.I'll do my own way when to buy and when to sell.just do it every hour in small profit don't wait for high profits that you didn't know how it takes longer to wait that called long term.
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You said that you are a newbie in trading.so you need to focus first how to do that trading by reading,watch video tutorial for trading and you have also skills for make trades.that's not easy to think that trading is buy low and sell hi.you need to analyze every decision you make to do more profit.
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Have lost so much money on coins that doesn't work well for me. My flaws are I'm impatient and ignorant this maybe a good time to find some insight and good answers on how to get better
I think you don't learn you're lesson base on you're topic right? Being impatient is get big lose in trading.you need to control you're emotion by doing every decision like past few months.the market will getting red and you panic for that.that's why you lose a big profit.but if you hodl you're emotion you can get big profit if the market will up and all coins going green again.
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When trading short term trades, I don't usually look at the background of the company or developers. I just look at the chart and make a decision based on volume and price averages.
I'll say yes,if you want to short term for trading you can use this strategy.I also do this strategy just look at the chart and make a decision base on volume of bitcoin.but it's not really work if you don't watch or monitor the chart.they pump so fast or dump so fast.that's why it need to watch time to time.
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The impact of bitcoin in the future is I think its really good.bitcoin is already accepted in many country although other country will ban this bitcoin but someday they can regret that bitcoin is good in their country and communities.
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2000$ lose?I think if that happen to you or already happen.you need to analyze you're previous strategy and stop it because there's something wrong.you need to change you're strategy or improve it. You need also to hold you're emotion in trading world.its too risky to make profits.
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As of today,bitcoin is higher than last few months and the market are so far so good now.I think this is the start of pumping again of all coins in the market its because bitcoin price is increase now.patient is always key for the good profits.
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If you are newbie I think you Need to hodl for a while that capital.first you need to learn how to trade how to read chart or the market cap.watch videos etc.learn it first before enter to the trading world. Then after you learn all try to find some site that suits in you're capital.because many site are need atleast 100$ or above.
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If you already know the basic trading then spend a little bit capital in actual trading.don't rush you're self to get big profits.just do it step by step, if you have a gain in a small capital then you success.but if you don't know how to trade and no knowledge about trading or watch about trading then learn it first before step inside the trading world.its not easy to think that trading is flow like buy low and sell high.you need also skills in trading.
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I think you're question is no one can't help you.because cryptocurrency is so volatile and so risky.don't expect for always pump but expect also for big dump.everyone is lose their capital also the professional traders but still we need to move forward and learn the lesson in previous happen.control you're capital in investment don't put all of you're capital.
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My strategy is like others buy low and sell high.it is basic move but recently, the bitcoin price is going down and all market cap is red.so I need to sell my coins at least 20-30% down by original price that I buy.then find another coins that have a potential to get recovered for what you lose before.
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Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not. Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading. Do you guys recommend yobit in trading altcoins? Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
Yobit is not recommended for newbie in trading like you.I think you're experience coming from campaign is not help yet in trading world.you need to learn more about trading and explore it.every traders is lose even a professional traders.if you don't want to lose you're coin then hodl it for long term. I think you can earn a good profit for that but not to fast to have good enough profit.
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