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Author Topic: Altcoin Trading Beginner  (Read 858 times)
BlackHunter (OP)
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November 18, 2015, 11:14:28 PM
 #1

Hi i'm moroccan and i'm 20 years old i have a smull amount of btc and i want start altcoin trading like buy dogecoin when is down and sell when is up i desposit my btc in cryptsy and i want to learn some simple strategy and where i can get some free Prédiction please if u have some info pm me
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Hollowman338
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November 18, 2015, 11:44:25 PM
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Well your btc is already gone if you deposited to cryptsy but no worries, trading shitcoins will net you a 100% loss anyway.

Welcome to crypto!  Smiley
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November 18, 2015, 11:58:12 PM
 #3

I don't think it's something that can easily be taught or explained, it's all about recognizing patterns and exploiting them when you recognize them repeating themselves.

I am a very short term day trader. I have found that holding coins over night or for days is usually a recipe for loss. I only buy when I think I'll be able to sell for a profit during the same trading session, I rarely leave positions unattended.

Start with a small amount. Small amounts are easier as the bigger you get the more your orders will push the market and you will experience more price slippage trying to get more stake in on a trade.

IMO .01 BTC would be a good start or less even. Don't worry when you loose 90% of it before you get the hang of it, but don't invest more untill you have made your original investment back and then at least doubled it. Then you will know that you somewhat know what your doing and you may have a decent chance of actually making a profit with more invested.

Edit: BTW I made over 14,000% profit last trading season (winter) on Cryptsy. Thousands of trades.

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November 19, 2015, 01:28:28 AM
 #4

Well your btc is already gone if you deposited to cryptsy but no worries, trading shitcoins will net you a 100% loss anyway.

Welcome to crypto!  Smiley

nonono, buy doge, withdraw.  it should work.  go to bittrex or poloniex
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November 19, 2015, 02:48:34 AM
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Well your btc is already gone if you deposited to cryptsy but no worries, trading shitcoins will net you a 100% loss anyway.

Welcome to crypto!  Smiley

nonono, buy doge, withdraw.  it should work.  go to bittrex or poloniex

I haven't been to cryptsy in awhile but last I heard the withdrawable cryptos carried a slight premium.  You're already at a loss when you arrive at the solvent exchanges.
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November 19, 2015, 02:51:53 AM
 #6

Hi i'm moroccan and i'm 20 years old i have a smull amount of btc and i want start altcoin trading like buy dogecoin when is down and sell when is up i desposit my btc in cryptsy and i want to learn some simple strategy and where i can get some free Prédiction please if u have some info pm me

There are lots of thread about predictions in the forum so you can just subscribe to them. There are spikes that will happen really quick for like seconds only so you might just have to simply check charts every now and then.

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November 19, 2015, 03:04:50 AM
 #7

If you dont join a group, you will never know whats going on for real.

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November 30, 2015, 07:16:43 PM
 #8

You have a potentially very interesting adventure ahead of you... Or a very short one. hehe

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December 01, 2015, 12:42:20 AM
 #9

I started out with 5 bitcoins 6 months ago to trade altcoins and i have about 0,66 bitcoins left!

Im tired feeding my fiat into the hands of these pump & dump types so thanks for asking, OP! I need some advice too Tongue

Buy high and sell low
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December 01, 2015, 12:49:51 AM
 #10

Losses are a natural part of trading.  The thing is keeping them small enough for you to have enough capital left for the next trade.

R


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Spoetnik
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December 01, 2015, 07:30:24 AM
 #11

If you dont join a group, you will never know whats going on for real.

Nope.. this guy is full of shit !

listen to me i am Spoetnik i know everything !
Just Google search my name like i do every day.. About 5,860 results !

I HAVE OPINIONS AND I WILL MAKE SURE YOU HEAR ME OK ? !

1g4m3289ehfch98c9cjjfgbsafk0f0f94

there just use that and send me your Bitcoin now.. save you the hassle of doing it the hard way slow and painfully.
if you want the correct opinion then there you go.. your welcome !

My advice ? RUN ..run as fast as you fucking can away from this shit HAHHAHAHA !

PS:
Don't be low hanging fruit (AKA: an Investard™)

PPS:
https://bitcointalk.org/index.php?board=39.0

FUD first & ask questions later™
Alexthesalamander
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December 01, 2015, 08:57:09 AM
Last edit: December 01, 2015, 11:13:16 AM by Alexthesalamander
 #12


listen to me i am Spoetnik i know everything !


So what do i buy with my 0,66 bitcoin to become a successfull millionaire within a few months time CheesyKiss Kiss Kiss

Buy high and sell low
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