Hard to know for next pump, but try to learn technical analysis can be help you to predict it. There are also many telegram group of pump dump coins but too risky to join it because the coins that will pump just have small volume and pump dump will happen just in a few minute. Learn more about news related crypto also will help to know it.
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To become pro trader need proccess and times, so only trader who always learn from mistake can to gain consistent profit. Many trader was get loss because greedy and dont have any management of risk. Trading will be worth or not depend on the each personality and professionalisme trader to manage every risk in trading.
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Situation of market still normal, and this happening in many times. Take alook in the pass and history of the daily chart. There are moment for bullish trend and ATH and also for downtrend. Now just patient wait for market bullish and down trend could be finish and soon change to uptrend.
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This is depend on the level price you bought it, if you bought in the bottom you can hold it in a few month, but if you bought by follow the trend and the price too high, will be better trade it to minimize the risk. From price action of Bitcoin many of people trade their Bitcoin to maximize the profit, so will be great idea to trade it.
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Im doing swing trading and spend about 1 or 2 hours aday, my strategy only by coins that on oversold or just start to uptrend by look in to daily chart. And i always bought 3 different coin in every trading. I take profit partly from 50% to 100% and wait patiently for big pump.
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I will chooce NANO because this coin has more benefits than Bitcoin like fast and no fee transaction. The price of NANO was give huge return and i believe this coin will continue growing.
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Start trading by small amount is better and to know the situation of market first and to know the risk. And for beginner will be more easy to trade in coins that paired with USDT because only make analysis in 1 coins when trade it. Learn technical analysis is important to know best entry to buy and sell, and also very important to have trading plan and management of risk and money.
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No body know for sure, we can only make prediction. And in my opinion some altcoins that will continue to grow is ETH, NEO, ADA, DASH, LTC,XLM, OMG, NANO. But because the fluctuacion of crypto so high so by doing swing trading or day trading is much better to increasing the profit than hodl.
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Will be much better to use minimum 2 different exchange because keep all money in one single exchange is risky because issue of hacking. Poloniex and Bittrex is good one but now there are many others exchange that legit and trusted like Binance, Kucoin, Gate.io, Okex etc. Im personal use 4 different exchange just want to be have more security.
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That good strategy, during any bad news all cryptocurrency will be down and only by sell that all crypto to USDT is better because nearly no fluctuacion of this coin. I also prefer doing trade on pair altcoin with USDT because i can sell all coins to Tether ASAP.
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Iam doing both because alot of opportunity in crypto space, when i find good ICO and dont have money to put in it, so i will join their bounty program. Just find more potential project to make more profit.
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That enough to start trading, with good strategy will be possible to turn that money in to $100 in a few month and then continue compound it, so if you always patient and always make new better strategies and in a few years can be you can turn it in to amillion dollar.
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I recommend you to trade it because the fluctuacion so high and this opportunity to make money more. Sell it all to Ethereum and then trade it again with other popular coins like DASH, NEO, WAVES, ADA, XLM, NANO etc.
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I have only used 2 exchange , those are Bitcoin.co.id and Gate.io. I chooce gate.io exchange for trading because there many available altcoin that paired with USDT. I need USDT pair because this is look more easy to trade it than pair BTC versus altcoin. Both these exchange has friendly mobile app so we can trading anywhere and anywhen.
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Use daily chart and add some indikator like RSI, MACD will help you to decide when best times to buy it. In my opinion the price of ETH now is oversold so good times to entry and hold it in a few month.
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In my opinion the price of ETH can to reach that price again but this is need times about in 2 or 3 month. Ethereum still become number 1 altcoin and will continue more popular in the long term because their platform used by many third party so the demand will continue increasing.
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Make investment in Bitcoin is high risk so always make sure that your money is free money that willing to lose, use only 10% of your salary is much better. And spend times to trade it to maximize the profit because hodling is not soo good way when investing in crypto because the fluctuaction so high.
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Actually cryptocurrency trading has more risk than stock because the fluctuacion soo high. So before jump in to it make sure you have best trading strategy and risk management to reduce that risk. But although crypto trading has more risk but also promising higher profit , so i prefer to do cryptocurrency trading than stock. Because here any more chance to become milyuner in short times.
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In my opinion dont too much to chooce coin for investment, just chooce maximum 5 of them to easy to manage the risk. and some that coins in my opinion is ETH, NANO, DASH, NEO, ADA. Used these coin for short and long term investment so no need much times to manage it.
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I never heard about that exchange, and my personal used 3 different exchange, those are Binance, Kucoin and gate.io . All these exchange has great support in their telegram official so we not need to wait long for any question.
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