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Author Topic: Trading tools for alts  (Read 279 times)
el kaka22
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August 29, 2018, 06:29:31 AM
 #21

I've there are trades who trade the only candle patters  Undecided
I use trading view, crypscan, coinigy
I have never tried crypscan though, but I have made good use of coinigy and trading view and I still make good use of trading view most especially till date. I actually stopped using coinigy due to the fact that it lags sometimes, and for the fact that I will still have to pay anyway.

I had no problem with the payment until I started using tab trader on my mobile device and I just realized, except for just some few indicators, I have all it takes to make good and quality trades using just my device which I have access to 24hours in a day which I cannot simply have my system on for the whole day.

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August 30, 2018, 08:14:29 AM
 #22

Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
For me, I follow some good traders on trading view and then see what they are really saying about a market, compare it with my own thoughts and knowledge as well as my initial plans and try to do things better. It is better most times if you know what you are doing yourself rather than following what others are telling you to do, but it is not also bad when you use their work as reference to make some quality decisions or back up your decision as the case may be.
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August 30, 2018, 10:51:17 AM
 #23

Tradingview is one of the best website that you can learn about trading. This website has many features, ideas from famous investors, charts, many type of analysis... You should register and start learning from this website.


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August 31, 2018, 08:27:26 AM
 #24

Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?

coinmarketcap.com - this site provides coin price and status on real time.  here we can see the list of exchange that lists each coin.  for mobile, i use bituniverse as tool to check price.

there are lots of twitter accounts you can follow.  telegram also provides good information.

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August 31, 2018, 09:40:51 AM
 #25

YouTube became my main source of information about trading. I suggest looking up on DataDash. He's making very valuable videos every single day touching all topics related to trading crypto.
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September 01, 2018, 06:56:42 AM
 #26

I have been using gunbot for almost 1.5 years now, I have bought it from captaincorporate and we talked on telegram and he helped me set it up and that tool helped me make insane profits up until this last month's where everything just collapsed and stood still.

Bot doesn't make you great returns on bear markets but it is also not killing anything, you just have some bags that you will have to sell in the end but it also decreases the margin and double downs so you can get out quicker.

It has been a blessing and a curse, it makes profits on good markets but you end up waiting for that, if you are patient than you come on top and make profit, if you are not patient, it may not be the best for you.
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September 01, 2018, 07:56:36 AM
 #27

I usually learn how to trade on Youtube, and the trading platform I use is Binance, OKEx, but when I encounter difficulties, I will also ask questions in the bitcointalk forum!
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September 02, 2018, 04:35:00 PM
 #28

Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?

coinmarketcap.com - this site provides coin price and status on real time.  here we can see the list of exchange that lists each coin.  for mobile, i use bituniverse as tool to check price.

there are lots of twitter accounts you can follow.  telegram also provides good information.
It is always a good thing to understand the space you want to be delving into and some of the coins that can be traded and why you would want to be trading them which is why I believe that coinmarketcap is a very useful tool where one can find all these information and concentrate more even on the top 100 and one that would be good enough to trade based on one's style and strategy.

There are other tools that would be reliable but nothing is more reliable than one's knowledge about trading and the market as a whole which is the basic tool needed to do things right. There are no specialized tools needed for alt trading as it has no differences from forex trading or from BTC/USD trading.
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September 03, 2018, 03:15:58 AM
 #29

It is always a good thing to understand the space you want to be delving into and some of the coins that can be traded and why you would want to be trading them which is why I believe that coinmarketcap is a very useful tool where one can find all these information and concentrate more even on the top 100 and one that would be good enough to trade based on one's style and strategy.

Coinmarketcap.com is a good tool to know the standing of the coins in the cryptocurrency market as well as its volume and its average price. Another site that is the same as coinmarketcap is https://coincheckup.com/. They have the same features but the latter one is I think better because it has additional information when it comes to ICOs and has three different kind of analysis like fundamental analysis, investment analysis and github analysis.

There are other tools that would be reliable but nothing is more reliable than one's knowledge about trading and the market as a whole which is the basic tool needed to do things right. There are no specialized tools needed for alt trading as it has no differences from forex trading or from BTC/USD trading.

As for the charting, trading view is a good site because aside from doing your charting for free, you can follow others who are showing their analysis to the public so you have reference to the coins that are worth looking at and then you can learn from them as well. You can follow some telegram groups as well that give insights to how well the market is doing. Do not join pump and dump groups though.

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September 03, 2018, 04:07:57 AM
 #30

Besides analyzing trading, traders should not ignore some information about the bitcoin issue. some media provide great information and this affects the prices of Bitcoin and Altcoin.

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September 04, 2018, 11:19:36 AM
 #31

I read technical analyses and avoid speculative ones and don't take unnecessary risks, sometimes even doing nothing would be very good move for me.
Normally, the knowledge on technical analysis can really assist a long way when it comes to trading the altcoin market, but also, a lot of experience need to be gained so as to be able to know what makes the altcoin market tick and move in most cases which is why the knowledge and practicing a bit for a while until one is able to get one or two strategies that works well and able to take the right step when opportunity kicks in the market. The likes of tab traders, crypscan are good tools one can make good use of.
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September 04, 2018, 08:36:16 PM
 #32

Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?

Here is my way to seek a good trading game.

1. I alway look at blockfolio which is a good application where I can look everyday the different altcoin and changes of it value.
2. I always pack a valuable ideal that is being a patient person.
3. A very common word of mine to say buy it low and sell it high and when everything falls apart from green to red I hold it.
4. Also look for a website or exchange that you are familiarize with to help in trading as well. Mine is binance but etherdelta(used it as well to exchange my alts to bitcoin).
5. Try and try until you suced. Learn from you mistakes and with it handle it the failure too.
Yes, I agree with your speculations because they are very good and important steps to follow for you to improve your trading game and also make reasonable profit from it.

 
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September 05, 2018, 04:40:04 AM
 #33

I also learned about trading and I searched a lot for information and learned trading from youtube and studied and also saw on the tradingview website seeing the cryptocurrency movement and learning a lot from there many traders who shared their trading techniques there.
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