If you already have strategy and risk management, you can start by $1000 and take profit about 30% to 40% amonth. And make sure this money is free money that afford to lose. Make trading plan and use compound strategy to make money faster.
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In my opinion its not, because there are many coin still undervalued with strong community but still has low volume and marketcap, usually they still low in market capitalization and trading volume because not trade able yet in big exchange. Actually many coin below top 100 crypto was going up multiple times even 10 to 20 times just in a few months like Hexx and peepcoin .
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Volatilty of crypto so high and take profit 1% pertrade is too small and nothing, you should make target profits by montly and depend on the situation of market, when crypto market is bullish it's better to make target profit 100% amonth, but when the price overbought, you can set take profits smaller. It's not possible to counting profit in daily, will be easy to count it by monthly.
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I still bullish for all crypto include Ethereum, in the end of this years ETH will going to the $1300 again . Crypto market not sleeping but continuously grow in the long term. Market cap of crypto also will going to the $800 Bn again.
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I used Forkdelta and was import MEW account many times and I never get any problem with it, totally safe to import it. Forkdelta is like mirror of Ether delta, both is good decentralised exchange, they only need more trading volume.
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The thing that should understand for all trader is technical analysis because technical analysis basic of trading that will help to know the price in support or resistance area. Learn more about price pattern, candle stick pattern, reversal pattern, continuously price pattern and some indicator is should be when start in to trading .
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Trading or hold depending on the which price that want to buy and how big the marketcap of that coin. We should use fundamental analysis when decide to hold any coins, and always use technical analysis for short trading. We have doing both because is hard to predict the price of each coin.
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That big loss, its bad idea used margin in crypto trading because the risk will be higher. Actually that your lose can be recover later when the price going up again, if you dont use margin . But margin trading make your money become zero. You can recover that your lose by join bounty program and airdrop. I also in lose because all crypto down too much and I try to recover it from bounty and airdrop.
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Actually I don't understand how the blockchain project work in technical, so to more understand the project I wil looking for some review in YouTube about that project. And some YouTuber make me more understanding what purpose of the project. But some times between crypto influencer explained the project in different way, other say that good but other said that not good project. And finally I make decision by self.
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Both has potential to keep grow so you have to choose both by split your money in to each 50%. Although EOS still under development but the community that support the project is very strong. The founder of EOS also is the founder of Steemit so he has more experience and skill how to keep grow their project. EOS can be the next Ethereum in the long term.
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Yes bounty campaign now too long paying, some of them paid more than 1 month after ICO finish, since 4 month joined signature campaign I don't get any reward yet. But bounty campaign only for spend times during my trading activity. Bounty campaign will be offer great income, if you join alot of different bounty and spend about 8 hours a day for that.
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No one trade only for emotional satisfaction, all trader want to make money from trading but during trading many trader can not control their emotion. Greedy and not patient is always enemy of all trader. Only trader who has good psychology and trading strategy that possible to make profit.
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I shown now the marketcap was decreased again that why mostly all crypto down. In my opinion this is just correction and the price will going up again, the crypto community still strong, though any bad news but this thing just make effect in temporary. Don't panic and just hold your coin for profit later.
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Learn about trading strategy and technical analysis is not enough in 1 day, to understand price action and price pattern I was need about 4 month to learn it. Keep patient and continue learn it and share with others pro trader will help to understand that all things.
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I am not panic because volume of trading in etherdelta or forkdelta is very small and when the token listed in bigger exchange will be very possible the price to go higher. If the the project has strong community and solid team developer no need to worry about it.
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Emotional and greedy still become my enemy in trading, I still learn how to control it. Many expert trader said the most important thing in trading is should be has good psychology, and this 100% true. Keep patient and don't be greedy, risk management, and trading plan . And this thing is friend of trader that will bring trader to make profit.
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In my opinion you still make it but you have to wait long for that, since the market cap decrease will be hard for BTC going to the moon again. If you aim to make invest for long term investment to gain 3 times profit from BTC is possible. If you want to make faster you can put that money in to new altcoin, but you have to spend more times to analysis each altcoin. Last year VERGE is become altcoin with highest return, and now there are coin similar verge called PCN.
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Stable coin now only USDT/TETHER, so if you want to lock profit in to it will be better and more easy to trade in pair USDT, and now some exchange that offer many pair altcoin with USDT is Gate.io and Okex. Trading in gate.io required full KYC to able make withdrawal but for the Okex, this exchange offer account without verification with limited withdrawal amount.
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Iam doing crypto trading since 2 years and i can say i was failed to make profit from it, because too greedy and not have any diversify risk when all crypto down. I was get 4 times profit but loss again because not use stop loss, . Now i changed my trading strategy by only trading in pair USDT so will be easy to exit when all crypto drop and i will lock some profit in monthly. Tading Experience will help to make better risk management.
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Iam in the same situation and to recover loss, i did cut loss it and buy other more potential coin. You have to spend more times to make research which coin has big potential to growth. By doing this we can make better profit and possible to recover loss faster , this is will be better than just hold.
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