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Author Topic: New to alt coin trading, Help  (Read 5535 times)
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September 13, 2016, 01:28:26 PM
 #41

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!

start small and try to work your way up. and do not jump in with all of your money because that would be a bad decision. and you should know that despite many believing that trading is like gambling it really is not and if you can find out how to trade with speculations and finding best prices to get in and out then you would be successful in trading.

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September 13, 2016, 02:30:23 PM
 #42

Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.
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September 13, 2016, 07:12:40 PM
 #43

Do you have any places where we can see almost new exchange sites so that i can collect their trial coins to try their service?


If my news are actual, people at TuxExchange still give coins to newcomers. You can find them on Bitcointalk forum so I am not copying their current offers. This is their forum thread where you could find everything https://bitcointalk.org/index.php?topic=1541333.0 Good luck!

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September 13, 2016, 09:08:58 PM
 #44

Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.

Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.

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September 13, 2016, 11:18:56 PM
 #45

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!

start small and try to work your way up. and do not jump in with all of your money because that would be a bad decision. and you should know that despite many believing that trading is like gambling it really is not and if you can find out how to trade with speculations and finding best prices to get in and out then you would be successful in trading.

Yes trading is gambling but only for those who will be inexperienced in trade as they do invest without knowing any consequences of the asset and wait for the good time, and do not know that what will come! a good time or bad! . while those who will have knowledge and skills about trade can earn with intelligence and for then trading is business not gambling.
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September 14, 2016, 06:20:02 PM
 #46

Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.

Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.

You do not know beforehand how much money people will invest into the altcoin, do you? Transparency truly is an important feature to determine a coin's reliability, but even when everything seem cool, there is risk so you are still advised to be cautious and keep your eyes on the development progress and check that it actually is progress, not simple forking.

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September 14, 2016, 10:47:36 PM
 #47

I too my start from ybit so I will suggest you to go to yobit as I think that is much easy for to use by newbie and there you invest oly on those altcoins which will have a bigger volume of trade but stay away from those coins which are pumped by bots a little bit.
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September 15, 2016, 01:53:51 AM
 #48

Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.

Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.
not forever the alt coins are having a reliable developer will having the happy ending, maybe there are a lot of example like that. I think too difficult just considering about their developer. and there is no guarantee about your profit if choosing the altcoins with the reliable development.

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September 15, 2016, 02:09:43 AM
 #49

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
if you are new to trading in altcoin then you should visit at google sites to how to trade with altcoin . after getting knowlege you can start you trading at yobit.com . it is the best site ir exchange for trade .
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September 15, 2016, 03:35:57 AM
 #50

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
if you are new to trading in altcoin then you should visit at google sites to how to trade with altcoin . after getting knowlege you can start you trading at yobit.com . it is the best site ir exchange for trade .

i tried yobit but i find it as a shitty exchanger to use for trading.
the charts are terrible compared to other places and they have nothing to offer on the charts since they are ugly.
also they add so many scam coins to their site that makes it worse.
on top of that i had trouble withdrawing my money and their support was not responding me at all. i gave up.


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September 15, 2016, 06:06:13 AM
 #51

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
if you are new to trading in altcoin then you should visit at google sites to how to trade with altcoin . after getting knowlege you can start you trading at yobit.com . it is the best site ir exchange for trade .

i tried yobit but i find it as a shitty exchanger to use for trading.
the charts are terrible compared to other places and they have nothing to offer on the charts since they are ugly.
also they add so many scam coins to their site that makes it worse.
on top of that i had trouble withdrawing my money and their support was not responding me at all. i gave up.
Yobit offers a huge variety of altcoins so I think they are fit for newbie more, the withdrawal problem is not always the issue because I have been trading in that certain site and I have no problem that was not solve the soonest.

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September 15, 2016, 07:15:47 AM
 #52

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!

for small amount, you can start with yobit because in yobit, you can found many altcoins with the rate 1 sat. but careful if you are trading in yobit, because sometimes after the altcoin get pump, the rate is still going down until bottom and won't come back.

for middle amount, you can start with poloniex or bittrex. both have many of altcoin that you can choose and you can make good profit on that site.

my suggestion is don't use all in of your bitcoin, but split it into 3 parts, 1 parts for trading, 2 parts for buy backup, 3 parts for fund backup.

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September 15, 2016, 07:25:27 AM
 #53

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
Usualy i traded altcoins on poloniex, because it is low fees can be trusted. You can try trading altcoins on poloniex, with low amount of bitcoin and you must learn about coins will be traded are like time for price going up and down. You must make analysis before trade altcoins.
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September 15, 2016, 07:29:01 AM
 #54

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
Usualy i traded altcoins on poloniex, because it is low fees can be trusted. You can try trading altcoins on poloniex, with low amount of bitcoin and you must learn about coins will be traded are like time for price going up and down. You must make analysis before trade altcoins.

Poloniex has 0.15% exchange fee if you place the order and it stays on the sell/buy orders book but also they have 0.25% exchange fee if you place an order and it is executed immediately (you sell or buy immediately the coin). Comparing to yobit it has 0.2% on all orders.
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September 15, 2016, 05:51:38 PM
 #55

I have acutally been playing a little bit with Burst, just because of the concept and Algo. To stay on topic, I brought it up because the last few days that I was tinkering around it seemed the price was pretty stable.









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happen or be a part of it"
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September 16, 2016, 05:25:49 PM
 #56

I am only speaking of the price that they are showing in the wallet software, but I doubt that it is much off from the real deal.  It's funny that on Pol the price is actually coming up on NXT itself. 









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"I could either watch it
happen or be a part of it"
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September 17, 2016, 02:59:32 AM
 #57

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!
if you are new to trading in altcoin then you should visit at google sites to how to trade with altcoin . after getting knowlege you can start you trading at yobit.com . it is the best site ir exchange for trade .

i tried yobit but i find it as a shitty exchanger to use for trading.
the charts are terrible compared to other places and they have nothing to offer on the charts since they are ugly.
also they add so many scam coins to their site that makes it worse.
on top of that i had trouble withdrawing my money and their support was not responding me at all. i gave up.
Yobit offers a huge variety of altcoins so I think they are fit for newbie more, the withdrawal problem is not always the issue because I have been trading in that certain site and I have no problem that was not solve the soonest.

True I do agree in yobit there's a wide selection of coins which you could choose from but still we must be wise to choose because some coins there might pump or not at all on a period of time. I do usually trade there using my profits on my signature campaign . Do quite good profits sometimes on trading new alts.

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September 17, 2016, 04:11:51 AM
 #58

My advice to you is to be really really patient. Plenty of people are doing short trading and earn some money but that doesn't mean that you should be used to doing short trading. In short trading, you need to have a good amount of capital to see some actual profit. Only a small percent of your capital will be your profit in short trading.

There are times that long trading is way too long. You either should patient or stop waiting and sell your coins right away.
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September 17, 2016, 01:01:21 PM
 #59

I am only speaking of the price that they are showing in the wallet software, but I doubt that it is much off from the real deal.  It's funny that on Pol the price is actually coming up on NXT itself. 
I may be wrong, but I thought that all coins based on NXT were really NXT assets.  I could not find Burst through the NXT wallet and did not follow through, I was too busy then.  I am getting more into the coin and I will add more here when I get more info.
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September 17, 2016, 05:16:05 PM
 #60

Hi Smiley I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!

If you are into trading altcoins, I  think you need to start with reading the altcoin section.  Find the coins  you like to trade and research on it.  The exchanges where it can be traded  will be more likely announced on the page of that  altcoin.  There are also some insights on what is the good altcoin to trade in that section too.
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