My trading
Everyone tells people to educate well before starting to trade. Lot of people are using 10s of indicators, draw lines and do 100s of things to analyse the market. Well I don't. The only thing I use for my trading is are the Bollinger bands. It took me exactly 1 hour to learn how to use this strategy and since then I am making money on a daily basis.
Lot of people tell that making consistent profits is impossible. Now I say it is possible. I make an average of minimum 1% profits on a daily basis on my total trading balance. I even managed to let 100€ grow to over 6000€ in 1 year by only using 1 single trading tool or indicator.
My secret is very simple VOLUME!!!!
I always enter the market at a point with the general idea to get out of the market latest 3 hours after I entered. But to be honest in 75% of the cases I even get out of the market within 30 minutes after I entered. This process I do about 50-100 times every single day. I rather take 0.5% profits multiple times a day than just enter the market 3 times in a day and see 2 of the taken positions turn out in a loss and get stuck with that position.
I jump in and out 50-100 times a day with 1-5% of my entire balance per trade. By trading so much volume you can significantly decrease possible losses and can make it possible to close 90-95% of your trading days profitable.
So if people are telling 1% average daily profits is impossible, I tell they are wrong, it is possible.
1 percent of each trade done is still possible but I am also not sure that this will happen if the market is in a bearish condition and also, after all, not all kits will profit, even in markets that have large volumes. Indicator technique in my opinion, not too influential, it's just about the time when you enter and exit the market |
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Hello everybody,
Can you give me your five prefered coins excepted btc and ripple and eth?
I love :
Neo 25 coins
Eos 100 coins
Waves 50 coins
Bnb 50 coins
Should i add more of neo or waves? Or other coins?
Thank you.
depending on the purpose of buying a coin coin, whether for short-term trading or for a long period of time, I assume because the coin is a major coin, then you will hold for a long time, then try also to buy XLM, TRX and ADA |
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Name: SARA ISLAMPosts: 1Activity: 1 Merit: 0 Position: Newbie Date Registered: Today at 11:14:12 AMLast Active: Today at 08:18:18 PM your account is recent, about your question: Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD altcoin are very dangerous, often bitcoin has a small fall, but the altcoins fall a lot just because bitcoin had a small fall, the altcoins consistently have pumps and dumps and if you are very unlucky and buy at the top, you caba time many losses, that's why I give the same advice that @ Maxpips gave Yes, sir, I know altcoin is very dangerous but I am staying 6/7 hour in the market so I think pumps and dumps no more effect over me. many many thanks sir for yous kind advice 2000 USD is more enough to do mid-term trading, maybe within 3-5 days it is usually possible to get profit, that is also if the market in the BTC pair is stable. If the BTC is not stable, it will be longer. Major coins are also actually good with that much capital, only you have to be more patient |
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As far as i know about day trading, it can give you profit that will be missed by just regular traders because basically, cryptocurrencies are volatile that it can rise and fall in just a couple of minutes.
even then if someone gains in the daily period, what if he intends to do it but the market conditions will decrease? surely he must have the HOLD coin to the right "get a profit, this day trading is very high risk, we should think about profit |
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so it is indeed a dilemma for countries that will make crypto become legal, on average the government will make rules which of course will certainly make the meaning of crypto deviate from the direction it should be. Decentralized is forced to be centralized
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Price of Bitcoin and other cyrpto currencies is increasing continuously from last 5 minutes, do you think it will be a bull run or it will be stopped on 4000$. I think it will be touching 6000$. In just two minutes, whole coinmarketcap has turned green from red.
the price increase which is like a jump is in my opinion very dangerous, don't because it suddenly rises and then you follow for FOMO, that is a foolish act, especially if there are no good news related to this. Because there is still bad news about the electrum wallet being hacked and the hackers stealing more than 200 BTC, that is quite a large amount. we must remain aware about falling prices because of this news |
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To be honest, I also agree with the vital statements regarding the membership deposit from EOS, we cannot know clearly the number of transactions that we will do in a certain period (maybe worthed if you are a developer) but as personal, this becomes a problem like every tax month, Even though, each coins have plus and minus, no one can make the perfect one, its always have fees.
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Ethereum started pumping in the last few days. Today ETH touched $ 150 which was pumped 80% in the past few days. This is a good sign for Ethereum holders. Because I am an ETH holder, it is a pleasure for me. I have bought 10 ETH when 1 ETH = 0.07 BTC. So I'm waiting for the pump again. Which is better to save now ETH or BTC? Please give your opinion
as expected, it will only last a while because there is no good information or news as a reason for HOLD ethereum at this time, there is still a great potential for ethereum to be down. I advice you to just save the FIAT because this one is the safest one so far |
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Hello,
1. What are your personal the must-haves for an exchange to be of any interest to you?
2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.
ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.
Thanks in advance,
Art
1. For me, the first thing that must-haves for an exchange is "security". This important role is the key for an exchange so they can be trusted just by this, People of course won't let their assets dissapear to a group of irresponsible people. We know that there's no perfect security but atleast high security means its safe to be used. 2. If there's no other exchange to trade, then just make it there. Low volume and wide spreads become problem, i just make it if there's no other option beside that one |
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I have seen Bitcoin and gold graphics, they really look like something, and as an asset they are both worthy.
Yes you are right, I also think that bitcoin and gold are also feasible, do you think there is a connection between the two? I think the two things are very different, gold has a price that continues to increase from time to time, price fluctuations are very thin in it so that in the past, gold has become a thing that is still feasible to use up to now, different from Bitcoin which of course we need internet network to access it |
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in my opinion the predictions of the bear / bull run only have a success percentage of 55%, because 45% is another factor that influences the big news, whether good or bad, it still affects, and is added with whales if they start playing their role
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CIA and NSA are government agencies. Why will they invent a digital cash that will not be controlled by the government?
maybe because the public is free to think wildly about this. Moreover, there is also no detailed evidence that this is made by one of the major agencies. Then why with this bitcoin price fluctuation, the SEC did not freeze the NSA or CIA because they were masterminds behind this? |
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Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
changing such mindset is very difficult, about the value itself, this will actually be difficult to interpret because if we see it in real terms, most of the coin coins that have been down have no expected value, but people buy it because they think it has potential or only as a place to get temporary profits |
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yes i like this.tax is fair bcz when you make profit that will bring you real money so govt should get tax.and this tax will make trader careful about trading too.you know crypto is volatile so when a person make loss then he should get rebate his loss.
I think this tax is still not good, I'm sure traders have not thought about the tax if they have seen a fairly high loss rate and 90% I'm sure traders will prefer loss rather than the tax. "Better to gain part of it than lose all of it" |
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actually in my opinion all the markets are almost the same, the only difference is the volume in each market, indeed people will be more interested in a market that has a larger volume because they think that with large volumes, the activity inside is quite reliable even though not all of them. It could be the result of using a bot, because I have experienced myself in the market (outside the market mentioned above) where the Sell Order and Buy Order are put in and removed quickly.
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It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.
indeed, this is actually what makes traders doubt to enter the market again, market price fluctuations are more visible at times like this but this time the impact is negative, the price fluctuation has absolutely no positive effect, when prices are below, people are more doubt and fear if prices are likely to fall even more |
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buy xrp, ethereum, xlm, npxs I like some of those coins because they are big projects and have already released their products and are working with several big companies that are good choices for long-term coins in my opinion
for XRP and XLM maybe I will skip first because there is no good development even for the long term, ETH is better for mid-term only, it looks like a bear market can still happen later. But, major coin is still be the best for choice |
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Of all the things above, I don't see any impact that can have an effect on the condition of the crypto market. It may indeed be that this has not been heard massively but in my opinion this effect is completely different from crypto. Or maybe those people want to move into crypto exchange
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