Trading and its initiation

[Bitthar]

 

• So I'm new to BitcoinTalk, so if I say some bullshit, please do not recriminate me, instead teach me to do it right! LOL
• Sorry for any typing or interpretation errors, I'm Brazilian and I use google trandutor .. Unfortunately I do not speak English well .. Forgive my deficiency! Haha

So, I've known Bitcoin for at least 3 years, and by that time I've done a few things right and a lot of the wrong things, the biggest of them and have not started studying and trading both BTC / USD and BTC / AltCoins ..
I believe that like many here, I've always been a bit focused on these digital assaults, you know, rs, on these HYIP's sites unhappily .. and after winning a few bits and losing many I decided to leave Bitcoin aside!
But I felt embarrassed because I can say that I am passionate about this technology and I believe that I can make it a profitable profession that can sustain me!
So here I am, I decided to go back in a "right" way to generate profit with trading, in theory I believe I know some things, even in practice, I can already make some exchanges with success ..

But I still have some difficulties with regard to graphics, shitcoins that made me lose some money and I'm slowly learning to identify them, but I believe it's a long process and I learn new things every day about it!
And of course one of the things I want is also to create a strong link with the BitcoinTalk community and get it out of here as much as possible for my learning, so I want to count on the goodwill of all here and especially of the most experienced trading's and thus be able to grow, who Knows until one day to become a professional trading .. hehe .. I'll get it!
So folks, ask me here is, if you can teach me everything that is possible for me to succeed in this walk of mine I will be very grateful even with this initiative! Very Much!

My biggest question right now is how to get the most out of the market and the altcoins to generate a bigger profit for each negotiation, logical without letting the emotion and nervousness take over, rather, know how to act in order to stop it with the market and bring it to the market. My side and turn that into profit! My dream .. hehe

Another question is also how to recognize in fact if an altcoins will be transformed into Shitcoin or if it will remain constant and will be a currency that we say ideal for trading, I have many other doubts, but for now I would like to get answers for these people ..

If you can help me I thank you very much, I will also start to research a lot here in the forum to find as many topics as possible that has or approaches these my questions, if anyone knows of topics that have these issues as a theme, please put here So I can study okay!

Personally, remembering that I am learning about this yet, so please do not meçan efforts and also subjects Ok .. The more information the better and my learning will be faster!

Thank you all and I count on you!

[p3ppymon]

My biggest question right now is how to get the most out of the market and the altcoins to generate a bigger profit for each negotiation, logical without letting the emotion and nervousness take over, rather, know how to act in order to stop it with the market and bring it to the market. My side and turn that into profit! My dream .. hehe

Buy some altcoins (preferably the most solid ones) and hold. You will profit just from holding!

[OmegaStarScream]

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

[darthmaul]

I am counting on bitcoins more than altcoins. Bitcoins are very volatile and they ripe very much faster than altcoins with respect to time. You will find bitcoins are increasing in value day by day. So just holding and saving more bitcoins can profit you more and more. For your reference you can look various exchanger sites where altcoins chart is shown up, there you will also find few filters which can bring up most traded altcoins on the top. With your own logics you can narrow down the search results more and then see the altcoins which can profit you most. 

[Iranus]

With altcoin trading, it's all about whether they're copying another coin.

There are lots of altcoins with the Scrypt mining algorithm that just copy other Scrypt coins and have very few differences but advertise themselves with the properties that these coins already have.  There are also lots of Bitcoin SHA-256 copycats today even when it's pretty old technology now.

The important thing is that the altcoin has a real market - you just need to find the coins which have some difference which helps them to be potentially useful - Monero for example is very good at anonymising transactions which is why its price has been growing in a quite stable way for a while.

If they are copying another coin, you should only trade it with Bitcoin if it's very new or in ICO and you think there's going to be a bit of a pump at the start.

[Yuuto]

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

Thats true, when you are looking for some altcoin that is worth to invest in, it should have some new "features" implemented, something that was not seen before at the cryptocurrency world.
Innovativeness is something that is insanely precious for an altcoin, it may really attract new investors to it which may be a cause of price increase and also higher and higher volume.
Team standing behind it must contain a real trust-worthy people. If you can see some famous coders involved in some new project, that is a great sign, not only for cryptocurrency but for every kind of an new asset,company or a group.

[Zadicar]

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

ICO is the most crucial part that we should really do our best to get in since this is the time which we can able to purchase the coin on the lowest price as possible but we should really be careful on selecting ICO because some of them are scam which we should really be aware and vigilant. Always seek out for the transparency of the project before trying to invest because this would somehow assure us that we are doing the right thing on a particular coin.

[TravelMug]

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

ICO is the most crucial part that we should really do our best to get in since this is the time which we can able to purchase the coin on the lowest price as possible but we should really be careful on selecting ICO because some of them are scam which we should really be aware and vigilant. Always seek out for the transparency of the project before trying to invest because this would somehow assure us that we are doing the right thing on a particular coin.

I will stay out of ICO because a lot of them are scam. Alt-coins are just pump and dump only. That's why they are called shitcoin. Almost no value except for some individuals or groups who's goal is to profit by pumping the coin and when the price is good they will all sell it to make a profit.

[aardvark15]

Most new altcoins are going to be worthless in a few months after they get introduced. There's just too many of them. They are like penny stocks. I would only trust a few major altcoins with my money and even then, keep an eye on them.

If you bought some Bitcoin 3 years ago and just held it, you're doing okay. Just holding it for a long time will make you money.

[Bitthar]

My biggest question right now is how to get the most out of the market and the altcoins to generate a bigger profit for each negotiation, logical without letting the emotion and nervousness take over, rather, know how to act in order to stop it with the market and bring it to the market. My side and turn that into profit! My dream .. hehe

Buy some altcoins (preferably the most solid ones) and hold. You will profit just from holding!

But I'm afraid of the right moment to sell it, in certain cases, I look at a coin for a few hours, and I try to notice the volatility of it, when I'm high, I try to buy and put a profit Of 1.50% sometimes 2% is me undo, if it returns to the same value that I bought it in the past negotiation I do the same rotation again, I already had some successes with this, but I will use your tip, thank you for participating , If you have more ideas, please let me know!

[Bitthar]

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

Okay, thanks for the help! I'll keep an eye on it, as I said, I'm slowly learning to detect these shitcoins, and with that tip I think it will be a little easier for me! Thanks and if you have any more tips, feel free, Thanks!

[Bitthar]

I am counting on bitcoins more than altcoins. Bitcoins are very volatile and they ripe very much faster than altcoins with respect to time. You will find bitcoins are increasing in value day by day. So just holding and saving more bitcoins can profit you more and more. For your reference you can look various exchanger sites where altcoins chart is shown up, there you will also find few filters which can bring up most traded altcoins on the top. With your own logics you can narrow down the search results more and then see the altcoins which can profit you most. 

Yes, yes, of course, about this, this is part of my "Planning" but not if a total way, understand, not to put everything in BTC, I understand that it can be much more advantageous and safe to put everything in BTC and leave Time to make my profit, plus my theory is to make some profit with the altcoins, and with the result of that profit, yes yes leave it in BTC to generate the profit on the profit, understand? If I have already made a profit let's assume BTC / ETC - the profit from this trading I have to marter it in BTC and then yes it will be generated the profit of the BTC only in insuring it ..

What do you think, my way this is wrong? Or am I looking at a path that has a future? Was there anything more interesting that I could do that would bring more results?

Thanks for your attention, for your opinion and please keep an eye on this post, and if you have any other tips, please let me know

[Bitthar]

With altcoin trading, it's all about whether they're copying another coin.

There are lots of altcoins with the Scrypt mining algorithm that just copy other Scrypt coins and have very few differences but advertise themselves with the properties that these coins already have.  There are also lots of Bitcoin SHA-256 copycats today even when it's pretty old technology now.

The important thing is that the altcoin has a real market - you just need to find the coins which have some difference which helps them to be potentially useful - Monero for example is very good at anonymising transactions which is why its price has been growing in a quite stable way for a while.

If they are copying another coin, you should only trade it with Bitcoin if it's very new or in ICO and you think there's going to be a bit of a pump at the start.

So it was great for you to get into that "Mining" topic so I have a big question, what will influence a currency above or below will be just the amount of BTC that is trading with that Altcoin, (I say those that have a natural potential Ok?) Or is the XXX / BTC pair, or does mining on that coin also influence its impact on the market and growth?

Is there any connection, ie if the coin has a small amount of mining being made on it, plus the amount of BTC on it being traded is high, does this coin tend to go somewhere specific? Up or Down?

Or is this not related?

Its not that hard to spot a shitcoin honestly, shitcoins are usually simple forks from bitcoin or other alts with no big changes. The projects that you should invest in are mostly the unique ones that you have never seen It concept before, of course, It should be something realistic and achievable, taking a hard look on the team behind the project really helps as well.

The lowest price you could get is during the ICO logically (assuming that the team is rock solid and have an escrow and everything mentioned above) so you should always keep an eye during the ICO and invest in the early days when there is bonuses.

ICO is the most crucial part that we should really do our best to get in since this is the time which we can able to purchase the coin on the lowest price as possible but we should really be careful on selecting ICO because some of them are scam which we should really be aware and vigilant. Always seek out for the transparency of the project before trying to invest because this would somehow assure us that we are doing the right thing on a particular coin.

I will stay out of ICO because a lot of them are scam. Alt-coins are just pump and dump only. That's why they are called shitcoin. Almost no value except for some individuals or groups who's goal is to profit by pumping the coin and when the price is good they will all sell it to make a profit.

So .. so my concept is really to stay out, or at least until I feel more secure, logically I will keep an eye on even trying to find some points that might be important in my learning! But my real intention at the outset is to stay out! Thank you for your opinion and if you have other tips, feel free to contact us! Grateful !

[Bitthar]

Most new altcoins are going to be worthless in a few months after they get introduced. There's just too many of them. They are like penny stocks. I would only trust a few major altcoins with my money and even then, keep an eye on them.

If you bought some Bitcoin 3 years ago and just held it, you're doing okay. Just holding it for a long time will make you money.

Yes, yes, I try to get the ones with the most amount of BTC involved with them, I do not know if it's a right way to act, I also try to look bastate at their volatility and apply a profit margin, as I said in some of the comments below ! It's working well .. Logically I've had some losses, sometimes it's even in relation to the emotional that we say in passing, I have to work a lot on it .. hehe. More I have said much more Value in earnings than losses, then looking on the optimistic side, I am in profit .. LOL

Thanks for your opinion, buddy, any other tip .. you know right .. let me know!

[Bitthar]

Guys .. If I did not respond to someone, please forgive me, I was a bit confused .. Hehe ..
If I did not respond, please let me know and I will respond and thank with more pleasure ... I am really sorry, because it is my first post then .. there were some difficulties .. LOL

Thank you so much for everyone who participated .. and I count on new opinions. Okay ... your opinion and learning will be welcome! Very much!

I was able to take some suggestions and opinions that I will use here ... and I apologize also if I spoke some bullshit in the answers! Hahaha

Thank you once again and welcome everyone!

[Idrisu]

You are losing because of one thing, you don't have trading skills. Forget about trading signal and bots and focused your attention on your skills and before your know you will become a professional traders. You cannot traders bitcoin and crypto currencies in general without a basic knowledge on how forex trading work. Just visit babypip websites and learn the secret and also have knowledge on trading. Then open a demo account with broker like simplefx and practice how to trade until you became perfect.

[Bitthar]

You are losing because of one thing, you don't have trading skills. Forget about trading signal and bots and focused your attention on your skills and before your know you will become a professional traders. You cannot traders bitcoin and crypto currencies in general without a basic knowledge on how forex trading work. Just visit babypip websites and learn the secret and also have knowledge on trading. Then open a demo account with broker like simplefx and practice how to trade until you became perfect.

Very good your indication about BabyPips, I'll definitely look at it as soon as I finish answering. Yes, of course, as my old grandmother says, practice and knowledge bring perfection .. LOL ..

More then, I've been talking about other bots on this topic, of course I will not get close to them until I really know what I'm doing and how I'm dealing with the market, but I've read it not once, In many cases that the use of Bot's can bring profit, if you know how to act and how to mount a strategy logically based on market experiences, I believe this is not a lie, because the bot will not do anything alone correct? It will only reflect my strategy but in an automated way, and let's say it has 1 point more that would not handle the emotion, but there is the bad side that is not being a "THINKING BEING" ie not having the Ability to generate reasoning .. But if you execute a good strategy and if you have a follow-up, it can be a very useful tool ..

But I got the notion that I'm really a newbie in this business. And I will never use a bot without even knowing how to do negotiations manually ..

I greatly appreciate your help, your opinion and feel free to leave more ideas and opinions! Thank you so much !