How do you trade with crypto currency?

[gandame]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

When i started in trading i start in a small amount too. But when i learn how to trade i make profit everyday when that time i'm very active in trading but now i trade only 1 once if i have time to do that. But everytime i trade i get profit not so big but its okay because if i gather all of them its a big amount. Choose coins that have potential to go up. Ang make focus.

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[Pursuer]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

I have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

technical analysis is not enough for trading altcoins, especially coins like ethereum that are being manipulated a lot. you only have to do the analysis as for fun and confidence but it is never going to come  true as it does in other bigger markets.
the most important thing in the market is news, it can pump the price to the moon or it can kill it in matter of hours. and you have to be there to use the opportunity the best way you can.

[michelle1845]

I will try to follow some of these tips. Thanks.

[twa]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

i trade when i feel that that currency will rise, i don't trust rumours as sometimes they are fake ones ( to create big pump ) so i don't like them,  and sometimes i buy currency that i like

[fortunecrypto]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

Same as you by technical analysis it's the same technique used by all experienced traders but of course rumors plays a factor in altcoin trading many pump teams are in existence,getting aware of that is a big bonus,but always play on the safe side..

[TraderETH]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

I have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

technical analysis is not enough for trading altcoins, especially coins like ethereum that are being manipulated a lot. you only have to do the analysis as for fun and confidence but it is never going to come  true as it does in other bigger markets.
the most important thing in the market is news, it can pump the price to the moon or it can kill it in matter of hours. and you have to be there to use the opportunity the best way you can.

For me analysis tecnical is enough because i traded ETC was low amount only and it was made profit although just a little. Everything went fine and rilex, i don't have burden when trade it.

[Robertqueen2]

People say that trading altcoins likes gambling , you don't know when this crypto currency will increase or when will decrease , for me , I try to choose long term investment , for example , if I found a new project with perfect road map or experienced dev team , I invest in this project , then wait until the price increases , but the most important lesson which I have learned is to divide your money , and don't put all your eggs in one basket .

[outatime1]

Reading technical analyses is a good idea if the expert really knows what he is talking about. I just watch the price and react by either buying or selling depending on the situation.

[ethereumhunter]

the most common i use in trading is when i see the chart is go down, i will find on the order history, see on buy and sell order book, make a fibo, sometimes read a news about that altcoins. after that, if my feeling says go and buy, then i will buy right in between number 3-15 from buy order book, and sometimes, its not take to long to get that coins. if this is happen, then i will prepare to sell that coins if there are a pump, or if its going down again, i will make a new analyze to make sure how deep will go down.

[PremiumCodeX]

Rumors, announcements, fundamentals, technical analysis, news, trading experience, trading techniques, the amount of funds that you can provide and luck (!) are all important factors. Watch out for pumps and make sure to react in the momentum! If you are inexperienced, I suggest starting with small amounts. Later, you may increase your funds to invest in order to have better profits. However, even when you are cautious to all these factors, trading is risky and that is why you should split your funds up between more than one idea. If you have a platform, you too could manipulate the prices. In the long run, do not fall into the trap of your own illusions, though! Cryptomarket is unpredictable and uncontrollable in the long run and my most important suggestion is developing an excellent adaptability skill that comes from the experienced and knowledgeable use of the above-mentioned factors.

[robertkedves]

Based on what you guys wrote in this subject, the most important thing is the experience you have in trading.

I saw a few replies about using your technical analysis, reading news, use trusty rumors, feeling (based on your experience), investing in new altcoins and wait for the momentum.

I hope everyone who read or replied in this topic found some good information.

Thank you all, keep on trading and make profit!

Best,

[passivebesiege]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

Im buying low selling high that's the strategy I use , you need to see first if the coin if have a potential for long term, and see the volume if you can trade it with short trade or for long term.

[ImHash]

While most of the people depend on the news on troll boxes I usually try to trade the coins which I see for my self their price changes and never listen to the trolls, but still trading comes with a big risk with it.

For example when EDRC was high I bought some but it went down hard and still is down.

[SAMKUSH]

i usually either trade on sites like bitmex or I trade cfds, I started off trasing with bitmex with around 50,000 satoshi and I could easily double my money within a week, I then gradually increased the amount I trade with until I started trading with over 1 bitcoin. With cfds I typically trade less than 1 bitcoin but with leverages my posistions are usually over 10 bitcoins.

[Bestwishes745]

I do trade with bitcoin and altcoin , and that is totally based on the performance and activity of the coin and the investors at there and their developers, I focus more on the activity of developers as if the developers will be expert and activity then we will not lose in there as that coin do not die out.

[hasiramasenju]

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

those way are the common way to used to almost all traders because they were will do technical analysis for predict the price movement but do not underestimate the rumour because sometimes the rumour will become to really if came from the trustworthy source

[Snorek]

People say that trading altcoins likes gambling , you don't know when this crypto currency will increase or when will decrease , for me , I try to choose long term investment , for example , if I found a new project with perfect road map or experienced dev team , I invest in this project , then wait until the price increases , but the most important lesson which I have learned is to divide your money , and don't put all your eggs in one basket .

And then this project turns out to be a Ponzi Scheme disguised ad altcoin, something like Steem is: http://www.coindesk.com/steem-provokes-doubt-market-observers/
Or you invest in new overhyped altcoin and it turns to be next The DAO and is hacked? There is nothing like being 100% sure in crypto world, everything is speculation.

[Barbut]

I trade without any success. Its how I trade, looks like I'm capable of choosing wrong moment for buying or selling couple times per day. It's just ridiculous how much I'm unlucky. I tried to follow some people from twitter, and from here without any success. One important notice to all new people, never ever trust in what people say at yobit chat. They ruined me couple time's, and not just one person. Like they have a deal couple of them saying same thing and I thought I can believe them, well I was wrong.
Can someone tell me which coin to buy so I can finally make some profit with trading. Thanks a lot in advance.

[ultrloa]

I trade without any success. Its how I trade, looks like I'm capable of choosing wrong moment for buying or selling couple times per day. It's just ridiculous how much I'm unlucky. I tried to follow some people from twitter, and from here without any success. One important notice to all new people, never ever trust in what people say at yobit chat. They ruined me couple time's, and not just one person. Like they have a deal couple of them saying same thing and I thought I can believe them, well I was wrong.
Can someone tell me which coin to buy so I can finally make some profit with trading. Thanks a lot in advance.

you gotta try those thrend coins existing on some exchanger's because those coin are the most tradeable coins by those traders, and also maybe you should do some analytical studies on some coins like etc,stratis,draco,sts, and the coin you like, just focus on few coins first before jumping to another one so you may know how it really moves and notice the 24 hours market cap, and also don't ever listen to the trollbox because mostly of them of them are bag holders or just trolling the coins they like to pump or dump. and lastly the very most important you should brought up to earn on tradings is patience.

[Hellacopter]

I make usually my studies analytics about the coins before trading it, and as known trading need some experience and it's having some potential of risk as well