virusasog
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September 14, 2016, 01:08:17 AM |
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Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.
I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad... Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now.
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bhadz
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September 14, 2016, 04:00:55 AM |
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Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.
I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad... Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now. Well trading is really not as easy to do because you are going to risk your money with it when you are going to buy using your fiat money and convert it to bitcoin and you are going to buy alt coins with the use of it. I would say that is the essential in trading is that you are going to buy at low price and you are going to sell when it is on high price already.
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mace15
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September 14, 2016, 07:02:46 AM |
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Trading is never easy. You deal with emotions. I started trading since march this year. But, my btc was still not growing. The reason was, I trade with emotions. Lost of patience, easy to sell my coins. So this time, I trade with patience. Anyway, let's hope that all of us here will earn more profit in the world of trading.
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dunfida
Legendary
Offline
Activity: 3066
Merit: 1129
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September 14, 2016, 08:57:22 AM |
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Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.
I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad... Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now. Well trading is really not as easy to do because you are going to risk your money with it when you are going to buy using your fiat money and convert it to bitcoin and you are going to buy alt coins with the use of it. I would say that is the essential in trading is that you are going to buy at low price and you are going to sell when it is on high price already. Buy low sell high is the most common thing when we do trading but we need other information or learnings that are essential on our trading career .THose things that you said are just basics on this career. Altcoin trading is somewhat difficult because there are lots of coins to choose from there are potential and there are waste of money coins.
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robertkedves (OP)
Member
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Activity: 86
Merit: 10
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September 14, 2016, 09:39:04 AM |
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samcoin
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September 14, 2016, 09:39:34 AM |
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My trading strategy depends on many factors, I spend a lot of time reading news on some crypto news sites, these news will make you able to recognise the markets and why some coins rise up and why falls down, the most important site for me is newsbtc, this site post daily technical analyses for bitcoin, ETH, and ETC, in addition to latest crypto news.
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salocin12
Member
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Activity: 89
Merit: 10
LoyalCoin-Redefining Customer Loyalty
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September 14, 2016, 10:55:36 AM |
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Just be careful in choosing altcoin. There have many scam coins. It is very difficult to a beginner like me. I never get a profit on trading. But i learn in my mistakes.
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arseaboy
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September 14, 2016, 10:59:32 AM |
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Just be careful in choosing altcoin. There have many scam coins. It is very difficult to a beginner like me. I never get a profit on trading. But i learn in my mistakes.
extra careful in all the action that we are going to do either bitcoin or investment.
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maydna
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September 14, 2016, 12:23:50 PM |
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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 only use the chart that show in market exchanger on poloniex so far i think its really work and really help me when i am trading on poloniex. i think the most common technique for every people is different, maybe just the basic is that we should see the charts, and then we might be develop or build our ways to trading so we can get profit.
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c4s7or
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September 14, 2016, 02:29:27 PM |
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I know the typical way to recoginze a promising coin for an investment. But my question is: If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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September 14, 2016, 02:42:45 PM |
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I know the typical way to recoginze a promising coin for an investment. But my question is: If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?
Honestly you didnt know when that altcoin should you sell if the price is increasing.. any altcoin is unpredictable and you didn't know when is the best to sell those altcoin.. Better to sell it if you already made a profit so that you can buy again if the proce is going down..
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serjent05
Legendary
Offline
Activity: 2828
Merit: 1253
Cashback 15%
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September 14, 2016, 04:54:54 PM |
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I know the typical way to recoginze a promising coin for an investment. But my question is: If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?
Honestly you didnt know when that altcoin should you sell if the price is increasing.. any altcoin is unpredictable and you didn't know when is the best to sell those altcoin.. Better to sell it if you already made a profit so that you can buy again if the proce is going down.. This is true, altcoin trading is so unpredictable it is high today and worthless tomorrow. The best approach is what the one i qouted, to sell your coin when you have seen a profit in it. Though if you really want a more serious coin to trade, then you need to research for it. Choose those that have a huge community and active developer.
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ayesha sadiqa
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September 14, 2016, 07:15:22 PM |
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i think every one has their own trading nature, some people do trading investing a large amount of money while other people trade with small investment, my own strategy is that i mostly do trading in alt coins but i mostly study for cheap coins and invest some bitcoin there i never like to invest all my assets in one place therefore i distribute my assets in different places.
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FLoving
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September 14, 2016, 09:59:19 PM |
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I do all of my trade on the technical analysis, as I do not want to lose or scammed so I do not rely on any rumors or any announcement from the developers or from their supporters or any tweets, plus I also do search about that how much the developers are active for their project.
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freedomgo
Legendary
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Activity: 3080
Merit: 1144
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September 15, 2016, 09:19:28 AM |
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I do all of my trade on the technical analysis, as I do not want to lose or scammed so I do not rely on any rumors or any announcement from the developers or from their supporters or any tweets, plus I also do search about that how much the developers are active for their project.
I admire you for doing that because that is the right action for a clever trader, you should not trade directly without having the right information as it is very risky doing that kind of practice, information are everywhere so it is only on us if we will seek the necessary information that will help us to successfully trade and make profit.
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BitsandBites
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September 15, 2016, 09:20:25 AM |
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You can just buy alot of low priced alt coins which are not run by scammers. And with any positive price change you can get rid of them. Rinse and repeat and it's profit although low cause your buying the low priced ones for a lower risk of losing alot of money.
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anonbit992
Sr. Member
Offline
Activity: 378
Merit: 251
A Trader & An Investor
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September 15, 2016, 09:33:18 AM |
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I like to invest in good altcoins and trade when there is a breaking news like the DAO hack or some big announcements. I did loose money in troll box trades and made some on ETH and DAO based on the DAO hack news. I had made some cash in Strats and Antshare. EGC and litecoin are the other. Missed out on Monero. I am betting on ICO s such as Iconomi, Synereo and Singular DTV as they seem to pay more than doing any short term or day trades as of now.
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shinratensei_
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Activity: 3080
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
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September 15, 2016, 09:48:40 AM |
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You can just buy alot of low priced alt coins which are not run by scammers. And with any positive price change you can get rid of them. Rinse and repeat and it's profit although low cause your buying the low priced ones for a lower risk of losing alot of money.
How you know if the coins are not running by a scammer? and all of that is not easy like you said, especially for choosing the potential coin.
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robertkedves (OP)
Member
Offline
Activity: 86
Merit: 10
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September 15, 2016, 02:01:27 PM |
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You can just buy alot of low priced alt coins which are not run by scammers. And with any positive price change you can get rid of them. Rinse and repeat and it's profit although low cause your buying the low priced ones for a lower risk of losing alot of money.
How you know if the coins are not running by a scammer? and all of that is not easy like you said, especially for choosing the potential coin. When I choose an altcoin I follow a few aspects: 1. it is mineable? 2. Who are the developers? What are their plans? 3. What is the coin's special character? Do they have a whitepaper? 4. Do they have twitter? Facebook? 5. Do they have appear in press? 6. etc.
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Babayega31
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September 15, 2016, 05:08:24 PM |
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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,
There is only one technique that choose carefully for buying coins for you to earn . And buy low sell high that the thing to remember for you to make good profits and huge profits . Since trading you can lose if you buy coins not lifting so better choose well you earn to buy and not sink . Many novice to trading does not know the losses so goes the money they use in trading .
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