Hello everyone, I have been trading for a long time. I want to pour my experience. trade on the news. Perhaps many already know, but this post is for beginners. To begin with, what news can affect the price growth of the coin? Such as: hardfork, airdrop coin holders, coin burning, listing on large exchanges, important partnerships, network launch, product release, rebranding, road map updates, interviews with the team... t's important to know that news is just manipulation. And if you decide to bargain on the news, you must understand that the closer the date of novosti, the price grows less, or even begins to fall. The main growth occurs on the first day, it rarely happens that growth continues until the news date. Your task is to buy a coin as quickly as possible and sell +10 - 30% of the profit. Do not be greedy otherwise risk becoming a long-term investor with the exception of super news. You can also put a stop loss, for example, if the price has reached 10% of profit and move the stop when the price grows. In the case of hardcore, I do not advise you to wait for it in 90% of cases to get shitcoin and become a long-term investor. And remember that not all news affects the price increase. There are news that negatively influence the price, but we are not talking about this. The main thing do not be greedy and do not buy when the news has already worked. the most famous sites for crypto currency events - https://coinmarketcal.com https://coindar.org/enThat's mine strategy and I do not force anyone to repeat it! I hope it was somehow useful, good luck and big profit. BTCBTCgood strategy and this system worked very well in autumn 2017 for all coins. Today only listing on big exchange gives some pump to the coins.
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Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO. Honestly, no one knows how much is too much. BTC for example. Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001 Using this value, is BTC expensive at; x10 or $0.01? x100 or $0.10? x1,000 or $1.00? x10,000 or $10.00? We all know the answer now but not when people were buying them at that price (ATH). Who knows how high; ICX, VEN, NEO, XMR will go? Are people who buy them at ATH stupid? I don't think so. If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it. For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc. Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH. RANT over. i think that all depends from you deposit, faith in the coin, the team and cryptomarket generally. Now is not very good time for cryptotrading and investing. Market is falling down . So we can buy some cheap coins and wait a green market
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If $6,075.04 is not breached it will be a good opportunity to buy in on BTC and ALTs This could be the magic number!
I think that bitcoin will drop to a level $3k -very strong support on the monthly chart. it's summer now, which means that the assets will be sold from the stock exchanges and the market will falll down more.
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While every one is in a panic, remember this is the best time to get some bargains, we're down under 300 billion total cap which opens things up again.
I've just reinvested in to PRL again at 2910 SAT, insane value.
What's every one else buying? suggest your best buys.
now is a good time for investor but not for trader. I think for long-term holding capp, xem, xrp, kin is good coins which can make a big profit. Also you can pay attention on top coins like ETH, NEO, ICX.
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I knew about crypto at the end of 2017, after a short time increase and make people crazy to invest, everything is down now. I'm not a trader, i'm just a holder, but i'm still afraid of the sign of market recently. Will everything be changed in next year? or several years later? Can i still invest in crypto?
you can invest in cryptocurrencies, but do not forget that this is a very risky market where you can lose all your money. The market of cryptocurrency is very young and needs some changes. I think that in future some of the coins will go into big dump and some will become so successful and expensive as the shares of the top companies.
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I heard knowing how to effectively read candlesticks help a lot in crypto day trading. What's your take?
this is a working mеthod if you have already experience in trading. Now it is very dangerous to trade as the market dumps. Now it is better to trade in shorts. Reading candles is one of the main methods of good trading and its really works.
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It is never a good thing to sell hastily. It is never a good thing to sell below ICO price. It is not also good to sell at exactly the ICO price. There were times sold when i was not supposed to sell. Just because of the excitement of receiving tokens through bounty participation and perhaps through airdrop, i was eager to cash out. Most of the times i did this, i always found out that i later ran at loss, not considering my effort and the time spent in promoting such project. I could have also had 2x and sometimes 10x the ICO price, but impatience made me to loose the opportunity.
My last experience was on a token i received. Mentioning the name will be of no use, but for crypto enthusiasts to also learn from my mistake. Ever since then, i have learnt to hold and this has been profitable to me. No matter how you got your token or coin, always try and be patient enough to hold until you are in profit.
totally agree with you. On this market, care and patience are very important. But do not forget about greed. Sometimes we wait for the price to go higher but price dump and we miss the opportunity. It is very important make some deadlines or %profits for closing trades.
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today on 04-06-2018, its price crypto market has gone up again, which I want to ask, is it right now to buy coins for investment? please give me your answer
I think that this is just a small rebound. Do not buy a coins on the whole deposit. The market can go lower, as all markets fall in the summer. I would buy part of the coins at support levels. I do not see a market reversal.
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i think now good stable altcoins are NEO, ETH, EOS. IF you want yo buy some risky coins you can pay attention to MTC, LYM, KIN, CAPP, BANCA.
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presently i have started altcoin Mining and USD valve of Total Generated coin is low. littlebit high from Cooling and Electricity bill Cost. quiestion is which is profitable Mining or Direct Coin Purchase?
all depends from the market and your financial capabilities. At this stage, mining is more interesting because you always can get a coin and do not depend from the market position. When market is green for long time, I would choose the purchase of cheap coins.
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I am trying to guess what will be the top 3 coins in 2 more year, say on 1st June, 2020.
Probably, BTC may not be the champion anymore but will still stand at runner-up position thanks to its historical role. ETH providing reliable platform for many valuable tokens can overthrow BTC to become the king. One of the coins with 3rd-generation blockchain like ADA or EOS will deserve the 3rd.
Anything can happen, and that's my prediction. What's yours?
i think that btc will hold 1 position in 2020 because it is the main and first cryptocurrency. Second and third can be the new blockchain projects like ADA, IOTA.
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My token is now suffering a great loss. Is there any way to save it?
You can hold and hope that you coin come back, or you can sell it in loss. All depends from your money and waiting opportunity and the quality of your coins
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What are your top 10 coins that you would invest in June 2018?
oh, there are many good coins. I think i will pay attention on capp, kin, xem, ada , hbz, dta, mtc, lym, btc, quarkchain. Most of this coins i have, but i think need to buy some coins else. Alsoo need to be carefully, in summer market can go down more.
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shoot your opinon
i think that market cap will be like $200-250 billions. The btc dump is not over and all market need some correction after big rally on 2017.
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what next x10 coin on this quarter
now there are many good tokens which can make a good profit, but i think that good choice will be hbz and capp. This two coins with good team and products are very cheap. Pay attention on them. They have big announcment in q2 and q3
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in my opinion Market capitalizations of cryptocurrencies iduring Q3 and Q4 in this year, will double from the past high wich mean about 1,6 - 1,7 trillion and when marketcap hit 1,7T i believe bitcoin price will hit $50,000 and ethereum at $,5000 also most of solid cryptocurrency will be green
do you agree with me guys ?
I like your opinion, but I think that the market will fall until the end of the year. Perhaps in the q3 we see some flat on market . Now the buyers are not interesting in crpyto, you can go to the market and see the volume. Rather, growth will be in 2019 or in 2020.
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I think that ltc will still grow. Monero, i think will stop the growth, because the states are struggling with anonymous cryptocurrencies. I think that now it is the best to keep bitcoin, ether and neo. Market can go down more.
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Hello Everyone,
I have $1000 to spend on altcoins.
Which one(s) do you recommend? Or should I stick to BTC?
Thanks!
Jordy
hi, now the crypto market is dumping . So you need carefully chose coins. I think the better way it will be hold btc, cash and buy cheap altcoins like xem, xrp, ada, trx, eth on 20-30% of your deposit.
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there are many good altcoins. And it is hard to make a right choice, but i will try . My top 5 1. Capp 2. DTA 3. SNT 4. Neo 5. ETH
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How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?
Long-term investment always gives more profit than trading. However, do not forget that now the market is falling and it is a good opportunity to buy cheap assets and reduce risks. Also do not forget that we do not know where the market will stop and turn around. Therefore, I would advise you to buy the assets in the main support levels.
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