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hitbtc is an exchanger that I often use, and so far I have not found any problem in buying and selling there. well, for yobit, i rarely use it, well, i prefer to do transactions in bigger market compare to yobit.
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The key should be safe trading not hodling without thinking on it. Whenever it fell more than %20, you should reconsider your decision and take action for it.
I really believe in holding because last year i make a lot of profit by holding my bitcoin for long time and it is really worth it because last decemeber 2017 i became very profitable because the value of bitcoin rise up to $20k, that's why until now i stilll believe in holding. I believe by holding altcoin, then you can get a big advantage. well, i tried it a few times and it really works. well, but for now there are some coins that I hold, and still show the price drop. I just hope the price returns the pump. |
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binance is still my favorite trading platform. The interface is simple and very easy to use for newbies. Moreover, its security is very high
well, now binance is always a top choice for me before making a transaction. each person has a comfortable place for them to trade, but for me binance is always the main choice, after that, kucoin might be another factor. |
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If you are a beginner, it is always a good idea to first try your hand in short-term trading (assuming that the long-term trend is a lack-lustre sideways trend which pretty much rules out any long-term trading until a proper long-term trend emerges), and, if you are able to time the market well using Technical Analysis, then jump into intraday trading.
I did that. Well, holding in the long run allows us to gain greater profits. but, if you want to play it safe, you have to sell it when you get the coins you have, or sell when the price has gone up. but, I choose to hold in the long run. |
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Mostly people where choose binance because there is a huge volume in binance and they said a friendly user exchanger. I do like bittrex to but if you are a newbie you will found it a little deficult in bittrex but still he is a good exchanger.
To be honest, at this point I prefer binance to bittrex. well, somehow I became more accustomed to buying and selling in binends than bittrex. maybe because of its ease, and I can do WD which is quite large quickly. |
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Hi. Just wanted to know u guys opinion of do the day trading and hold. Thank you in advance.
For me it is more better if you will just focus holding your coin because for the long time i am here in cryptoworld, i dont earn a good amount of money in day trading because day trading is not an easy job so i just focus on holding and now became more profitable. holding and trading have very different conditions. sometimes we have to trade every day, because of the condition of a coin, but sometimes we have to hold the coins we have because we trust the potential that is on the coin. well but I think there are still many people who hold their coins in comparison with trading. |
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I do trust my feelings and my trading experience. No body could dictate me to buy this coin or that coin. Because I know shills are not true. I do trust my chart knowledge, I do trust my indicators they are telling the truth than CNN.
sometimes experience makes us know what we need to do in trading. I believe in my trading skills, well, I have been doing that for a long time. but, sometimes it's so hard to hold the coins we have when prices are falling quickly. |
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whatever you see, I think it's very difficult. you know, so many scammers in the internet world, especially if it promises big bonuses. even a professional trader is very difficult to do just that. well, stay cautious.
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I can say that I am still in the process of gathering alternative cryptocurrencies to trade with them, I am thinking that very soon I would turn all of my bounties tokens into Ethereum and start to trade from it.
well, if what you mean is a coin from ICO, I suggest to hold it. we know that most of the time, the price of coins is below the price of ICO, and that is influenced by the price of ETH, and BTC. I am so sure when the price of both coins is pump, it will affect other altcoin. |
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I want to learn to trade and become acquainted with the field of crypto currency trading. what should I do? I am currently reading trading technical analysis but I do not understand technical analysis and a pattern. I tried to live trading I earned a .001 btc. I prefer more profit than trading.
Nice to hear that and welcome to the cryto trading world. Anyways Yes they are right know the risks in trading and then find the best strategy for you where you can get less risks on your trade. Informations are just a google a way this days . all you need is to put effort in what you do. Well, starting to become a trader is very easy, it's just the hard competition in it makes a lot of people stop from it. By investing, or having assets that can be sold, you can become a trader. well, welcome, and welcome to a world full of risk. |
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I was wondering what's minimum / ideal amount of BTC or ETH I should have in order to start trading activity
If you have any idea or just want to share your first experience in crypto trading, feel free to write them bolow
Before you start trading you have to learn first you can watch videos on youtube about trading strategies and it will help you a lot like what I did but you will lose some investment because you are just a beginner but you'll be successful soon. And just start with small amount of money and don't be greedy with profits. Well, preparing everything is common before starting trading. for the start of the fund, I think it depends on you. well, at least every person to trade is always different. some start with high capital, and minimal capital, and I suggest to minimize it. |
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I think the best time to ext trading is not when the market is coming down but you have received enough profit from the peak of the market, at that point of time you should take out your assets from the market and instead wait for the right moment return,
well, there's no time to stop trading when you've got a big profit. moreover you have to devise a new strategy to develop it. well, come out while you're losing of course that would be a bad idea in trading. |
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HodL it when you buy at the bottom and sell at the top, not the opposite. And HodL is only for Cryptocurrency whose good future has a project for a bright future like Ethereum, EOS, TRON.
If HodL Altcoins is bad then you also will not get any meaning from the Altcoins.
good coins, but I'm not sure coins will move fast. hold too long makes emotions unstable and requires extra patience.  until now I still hold some coins that I believe h will the price will rise to be higher. it's just a matter of time until the altcoin price becomes higher, and makes the altcoin price to be higher. it is a boon for those who are patient in holding the coins. |
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Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
People are not actually afraid to invest in crypto, in fact , if they will get to know that it is profitable, a lot of them would definitely decide to invest in it. However, since people lack in knowledge and information about crypto, they will surely doubt about it. Knowledge and understanding about crypto is what people really need. well, i think so much trauma in this case. not all investments in cryptocurrency will bring benefits. Well, sometimes it's just the opposite. therefore, as investors, we must be smart in choosing ICO, or investing in a field. |
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it seems the main reason why so many coins are falling because I think there is bad news that attacks the condition of the price of cryptocurrency and ultimately makes the coin price to fall.
they are taking this to be drop i think that there is such a good thing that may ever happen after this drops better for those know how to wait and have patient on everything. each coin has their own reasons why the price is decreasing. well, one of the reasons is when the project is never developed, or has decreased in the process. well, sometimes it is also influenced by bitcoin prices. |
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One strategy that works best in times of fall in the market is to remain calm, and not allow yourself to be blown by panic. Just hold the tokens with large caps and even if possible, buy more tokens and hold. For some coins like Bitcoin and Ethereum, it is always certain that whenever there is a fall, there is definitely going to be a rise.
What will you do when the market falls?
I think you need to be really honest, do not panic and sell your coin. According to my analysis, the bitcoin price will continue to recover to the $ 7300 level, so you can wait until that time to be able to get out and take the least damage. The market is in a bear market so the bitcoin price will continue to drop sharply so you need to accept the loss. trying to calm down is a good thing, but making the most of it may be better. although a little risky, but so many people who have taken advantage of such things for profit. but, I prefer to remain calm and restrained in this regard. |
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Hy guys. Most of the time I use to trade with altcoins and I use to sell altcoins when they are above ICO price and giving some profit. I do not hold atlcoins for long time. What if you have some altcoins, what will be your strategy to use that coins? Is there any specific best time for every altcoin and when it is going well and we should sell ??
The best time to sell coins is obviously when the market prices are pumping but as of today, you should hold your coins or invest even more in order to earn more profit. you are right. it is the best chance to sell the coins you have. sometimes the 10% increase of the coins you have held has been profitable. Well, if it is the best time, then the time pump is the best time to sell. |
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when consider short term trading. if we don't have much money in our hand we had better chose short term trading. it will help us to increase our capital. if we have much money we had better go with long term trading. in long term you have to careful with where you invest and how much you invest.
but I think it all depends on what kind of coins we have. sometimes, the coin is pretty good as a short-term investment, but there are some types of coins that are good enough if held for a very long time. |
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of course I prefer trading on hitbtc rather than yobit because I see a lot of losing their assets in yobit because the number of bad coins that do not have a good development that will make you very much loss.
I have never done a transaction in yobit, so of course I will choose hitbtc on this issue. well, I feel that hitbtc is a good exchanger, and of course because I'm used to using it. |
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So BTC and most alts are down 10-25% pretty much across the board from 6:30 est. this morning.
So what do you think guys, buy this dip or wait for more blood?
You will lose this big opportunity if you will not buy bitcoin. You can't ensure if the price will dip again. It is better if you have now bitcoins because there are a lot of bemefits that we can get by having bitcoins. yeah this is true this is some the best that we can be on taking the opportunity while we can be able to take for than making a regret on not buying this while on a dip price. when you see an opportunity in a matter, then take the opportunity. well, but if there's still any doubt in that, it's better not to take it. buy or not, it really depends on how you think about it, but you will win all the risks of the decision you take. |
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