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?
If you do not know how to trade, then you need to learn. The surgeon does not take a scalpel does not mean simple skills like doing surgery. so you do not make stupid actions. Start learning. |
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Hello. Wanted ask you couple questions and also want to know your opinions. I am working only nightshifts so spending free time reading articles also reviews about apps and stuff around.
I am a beginner with crypto currency trading I know some things about this but I'm not pro.
Always wanted try cryptobot and I found some called Cryptohopper .. good review , people making videos about it. Semi - automated trading bot. I heard almost everyone are using bots these days so I decided to try one too but before I do something I would like to ask some questions get some advices from more experienced people witch already knows "how to".
I am already holding on binance some currencies (SC 😭😭) so I want to make a new Bitcoin deposit on bitrex account and with this deposit I would like to trade with a bot. Here are my questions :
Did I chosse a good bot ? I mean there are many bots.
Can I work with low deposit like I don't know 200-300€?
What do you think about that "hamster signals" or how's that called.
Just want to workout with low deposit and make some money. I don't expect 1000€ in on month haha. Well I do expect it but not of course in one month.
Alright that might be all. Looking forward on your answers and thank you.
I will tell you so. I'm using a telegram bot. You should be there and say on request crypto bot. Bots are paid and you need to pay there to get good signals. Yes, you may be right that you can earn on day trading, but I prefer other income. |
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How did you know when will the price in the market will pump and dump. People do not have a crystal ball to be able to predict the price, but you can use an alternative, you should know that the price of bitcoin increases or decreases depending on the news. For example, if tomorrow you have some good news then the price is more likely to increase, but if tomorrow we have negative news the price will be more likely to fall. You can see this with a great concrete example, I speak of the ETF's... if by case the SEC on September 30 approve the ETF then the price will increase, but if the SEC postpones its decision or disapprove the ETF, then the btc price will drop a lot and in the months that will follow the price will not increase much. this is because people buy cryptos to make a lot of profit fast, so they just buy when they know that a great good news is coming Yes, I agree that the news can affect the price, but in addition to the price can still affect the situation with the laws in different States. For example, Venezuela has created a very large demand for the purchase of bitcoins. Also, Pakistan and many other countries whose national currencies are falling. |
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Hi I want to ask how can I predict the Dump and Pump of the price of the market? How can I earn with the Pump of the price aside from hodling, trading, joining some bounty and how can I also earn with the Dump price in the market?
Buddy, I don't think that's possible. Except when you are in a group of those who make these lamps and vents. And also if you have a very large number of coins. For example, several million coins. 10% of the total number. I think in this way you can catch up with the price to create excitement, and then bring it down. |
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Dream very liked your comparison and your history. I, too, have long understood that bitcoin is very difficult to call a currency, it is more like a digital asset that can be compared in gold or silver. Of course it's rude, but I'm trying to explain that bitcoin is a new asset that is valuable in its own way. At the moment there are 15 million bitcoins of which 2 million lost a total of 21 million So it will be a kind of competition and demand will grow in direct proportion to the price of bitcoin. So I keep bitcoins too. Not so long ago, but the important thing is to start.
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You cant because that is not possible. Everyone would have done the same and would have taken big lessons to do it. However, earning upto 10% is only possible if you have proper trading skills and this would be about the day trade I guess. Because there is no other way which can efficiently earn you everyday. However with day trade you can earn around 2-3% of the profits daily which is 4-6 dollars of your total amount. However, this all be followed by some risks where crypto might be getting very mean and may be dumping itself below your entry point of trade and thus loosing you more than 10% in single day. If that happens then you have to start from the beginning and thus this cycle could be hard to get more than 10% profits daily. Go for the small amounts.
Oh, it's a pity, I also wanted to earn so, I really thought there is such an opportunity. I also trade on the stock market during the day. In most cases, this is called arbitration. But I don't have very good results. About 2-3%, as you wrote. Sometimes even in minus'm leaving. I agree that this a fairy tale. But personally, I have not tried signals from various traders, they say they give a great result. I haven't. |
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Proof of joined post
Join signature
Bitcointalk username: DgurJIupyf
Telegram @DgurJIupyf1
ETH address: 0xD7046b1705F5377F26a5E1CDdb4d4b0156C139F9
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I really didn't expect this, what do you think happened to ethereum. will ethereum be back in the near future! I hope that in the near future ethereum will return.
Many believed that bitcoin is a bubble, but Ethereum turned out to be a bubble that burst. Many large investors sell this coin and buy bitcoin. I believe that this is the right choice. Why? the Ethereum have grown in the past year thanks to the ICO companies that have been very popular. |
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nowadays there are so many altcoins in circulation, if we look at coinmarketcap, there are already thousands of altcoins, I want to ask you all, what are the best 3 altcoins in 2018?
I believe that you should pay attention to the 3 main coins Bitcoin, bitcoin cash and EOS. I guess these coins can show a very good result. |
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It seems to me that if you have a lot of garbage coins that do not develop, that you need to get rid of them, and buy bitcoin, it will go up well now. If you have Ethereum, then sell it and buy bitcoin. This coin will stand still and will not grow.
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What do you think about the present state of the market, do you think the price will rise or the price will go down more and more.
what is your view about this
I refer to the fact that the price is growing then falls relatively normally, because it is the basis of the market. As for the rise or fall, of course the growth will be but later, when the ETF will launch. In the meantime, we are waiting for other good news. |
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Eth is now suitable for buying
Current price is $260
Of course now many people think that Ethereum will grow again, but I believe that this coin has now returned to the desired level, it was too large. overrated. Ethereum will now stay in the area of $ 200-500, it will rise higher when bitcoin is worth 25000 |
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Look at the market today, and now tell you Kaka? What I do ... The market is so arranged, periodically it falls and grows. You read the news for bitcoin and cryptocurrencies. There are a lot of positive associations and mergers. Exchanges create new conditions, so soon everything will be fine.
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Good day! I come to you with a respectful request for the bounty of the company of a signature tip of the blockchain. I lost access to my ETH wallet, out of stupidity. Reinstalled Windows and all documents on a desktop at me were removed I was sure that at me everything is stored on a disk In, but it appeared that I was mistaken.
I ask you very convincingly to enter into my position and allow me to change my ETH wallet to a new one.
mY ETH wallet 0xD167DB7DF51c0C866e7C38D34bC970bb4cbB50c1
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Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
This time gives us time for shortness of breath, after the last jump and prepare for the future jump. Those who did not buy coins to be bought. Those who want to earn coins, participate in the bounty and get a reward. Also, you should study the charts and the exchange market correctly. There are a lot of them now . you need to verify all exchanges for fast and mobile work with them. |
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Great!!! The guy really hoped and believed that bitcoin will grow. But if he had waited 10 years, his profit would have been 1428 times higher. Just imagine this figure. With 1 dollar he could earn 1500$ here's a visual aid that kind of patience. |
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We all experience being financially challenged and we cannot deny that money makes us revolve around it. When we find ways to alleviate our financial suffering, we stand our ground and spend so much effort just to see the result and of course, benefit from it. Do you think that spending time and effort to gain bitcoins is a rational idea? Do you think that you could've been wasting your time? Let me know about your thoughts.
I believe spending time on bitcoin is important and useful. Do not forget that in 5 years you will lose an excellent opportunity to take your place in the cryptocurrency market. If you can now properly organize your work, then in 5 years you will say thank you to yourself and your intuition. |
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The economy in my country is conducive to cryptocurrencies and I will tell you more. Many in my country are even considering the option of permanent coin mining. Mining's. Light we have cheap we are working out and it's cheap. Therefore, the conditions are favorable.
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I also believe that we are talking about bitcoin or its fork. The new coin will not be able to overcome the same barrier as bitcoin did in its time. However, if you look at Venezuela, how they created a national centralized coin equated to a barrel of oil and its price will be$ 60 So it is not clear yet what kind of coin we are talking about.
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I also think that this post does not address. The topic should be moved to another section.
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