What would be your recommendations when trading crypto?

[mace15]

When trading crypto, you have to learn first, observe the altcoins.
In my point of view, mostly Im buying cheap coins which has a
potential coins. Then Im selling it if I gain a profit. But keep in
mind that don't put all your money in one coins. Its best to
trade with different cryptocurrencies. Thus, trading is also a
risks and youll use decision making when to sell or buy a
new coin.

[1715136690]

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[talkbitcoin]

the first thing you should do is to learn why price goes up and down and also learn how to find the best price to buy and then sell at.

this is the most important step and the most common step that most new traders skip and end up gambling with their money in an altcoin market while pumpers become richer and richer while taking their money.

[Caladonian]

the first thing you should do is to learn why price goes up and down and also learn how to find the best price to buy and then sell at.

this is the most important step and the most common step that most new traders skip and end up gambling with their money in an altcoin market while pumpers become richer and richer while taking their money.

Thats why we better to look for more details before we enter trade industry because the more educated we are the more possibility that we can gain profits knowing fundamentals and make good assessment is really needed to be a successful traders.

[ipanks]

i think this situation and condition is change now because we all know that almost altcoin having downtrend because of bitcoin increase the price and many technique will not match with this situation and my suggestion is better we wait and see for a moment and if we think we can make profit even in small amount, then get quick act to buy and sell it, don't think too much to get much profit. as long as you can reach 1% profit, then you are safe.

[coynedterm]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

i will suggest you only , before buy any altcoin or coin first of all check his posts at bitcointalk.org and secondly check admin's site for that altcoin .
activity of such types of things will results into better prediction wether the coin will remain in future or not , then according to these views you make purchase of altcoin .

[noictib]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

actually to make trading in crypto is a risky work because most of the people usually get losses on crypto trading .
but i will suggest for only bitcoin trading .
as we know the price at different exchange are different so we can transfer our btc into and doller into btc to get profit from one exchange to another .
( be careful use this stretgy when btc rate are at high difference between the two exchange )

[Mark02]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

actually to make trading in crypto is a risky work because most of the people usually get losses on crypto trading .
but i will suggest for only bitcoin trading .
as we know the price at different exchange are different so we can transfer our btc into and doller into btc to get profit from one exchange to another .
( be careful use this stretgy when btc rate are at high difference between the two exchange )

The method you are pertaining must be the " Arbitrade Method" wherein you will buy low in the other site then you will sell it in another site where the price is high.

But it is risky because not all trading sites are legit. So if you are going to use that method. Make sure the sites you are trading is a legit one to prevent loosing from trading crypto.

[skyway1]

i recommend that trade in bitcoin because recently bitcoin is the most powerful currency and bitcoin price recently is very good to buy bitcoin and i am sure bitcoin will double up its value in coming few years .

[zombie007]

i think this situation and condition is change now because we all know that almost altcoin having downtrend because of bitcoin increase the price and many technique will not match with this situation and my suggestion is better we wait and see for a moment and if we think we can make profit even in small amount, then get quick act to buy and sell it, don't think too much to get much profit. as long as you can reach 1% profit, then you are safe.

but i think it is better to invest a small amount instead of waiting for the price to fell down, to me the price cannot fell down too much in next few months  as it is expecting that the price can reach to all time high level, therefore it will not be a good decision to wait for the price decrease.

[Dank14]

I just look for the altcoin that has a wide gap between its "24hr low" and "24hr high" prices.

Sometimes just buying at "24hr low" price and selling at "24hr high" price will give you good weekly profit.

[rik3]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

If You want to Maximize Your Profit In Trading Then Follow the Below Steps:-
1) Firstly Choose a Reputable And Legit Trading Site Like Yobit.net Or Poloniex.com
2) Then Choose Some Reputable Coins and Then Check the Supply and Demand and Past Price Fluctuations Of the Coins You Choose.....
3) Then Just Invest Your Money in Them and Wait For Sometime and You Will Get Profits.....
Also I Suggest You that Don't Invest More tham If You Can't Afford To Lose.....

[Teraboy]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

actually to make trading in crypto is a risky work because most of the people usually get losses on crypto trading .
but i will suggest for only bitcoin trading .
as we know the price at different exchange are different so we can transfer our btc into and doller into btc to get profit from one exchange to another .
( be careful use this stretgy when btc rate are at high difference between the two exchange )

The method you are pertaining must be the " Arbitrade Method" wherein you will buy low in the other site then you will sell it in another site where the price is high.

But it is risky because not all trading sites are legit. So if you are going to use that method. Make sure the sites you are trading is a legit one to prevent loosing from trading crypto.

No, it's so bad, and will not giving a different gap in the price. and if that's really good idead and why a lot of people are not doing that rather than just using any exchange for trade their bitcoin?
I would strongly for refusing for using it and just choosing one reliable and best for me. and it's also no friendly with the tax for every transaction and how many you will make your transaction in a day?
It's very useless in my mind.
Even at the time for waiting your transaction the rate of bitcoin can going down below of the previous exchange site.

[GregH37]

If You want to Maximize Your Profit In Trading Then Follow the Below Steps:-
1) Firstly Choose a Reputable And Legit Trading Site Like Yobit.net Or Poloniex.com
2) Then Choose Some Reputable Coins and Then Check the Supply and Demand and Past Price Fluctuations Of the Coins You Choose.....
3) Then Just Invest Your Money in Them and Wait For Sometime and You Will Get Profits.....
Also I Suggest You that Don't Invest More tham If You Can't Afford To Lose.....

Your second step is the biggest challenge for any trader. Unfortunately the reputed altcoins are not giving rooms to better trading with its fluctuations. Yes, reputed coins are stable with its price levels.

But, as per your third step if a trader will be ready to wait for longer duration, then trading with established coins must be the right choice as those coins will give definite profits to the long term holders.

[Nahl]

i recommend that trade in bitcoin because recently bitcoin is the most powerful currency and bitcoin price recently is very good to buy bitcoin and i am sure bitcoin will double up its value in coming few years .

altcoins also still profitable if you were found the exact altcoins to trade because several days ago after ZEC coin was lauching on exchange i did trade for this coin and very profitable because the price rise up with pretty fast so in my opinion even though since bitcoin rise up and altcoins have down trend but if you could found the exact time to trade another coin you will still got profit

[stomachgrowls]

i recommend that trade in bitcoin because recently bitcoin is the most powerful currency and bitcoin price recently is very good to buy bitcoin and i am sure bitcoin will double up its value in coming few years .

altcoins also still profitable if you were found the exact altcoins to trade because several days ago after ZEC coin was lauching on exchange i did trade for this coin and very profitable because the price rise up with pretty fast so in my opinion even though since bitcoin rise up and altcoins have down trend but if you could found the exact time to trade another coin you will still got profit

Right timing and always  updated  on the news  would really  help you  out   to be succesful  on  altcoin  trading  because  if  you  know  the exact time  to  invest and you  know  and  select a good altcoin  for sure   profits is guaranteed. To those  who invest  on  earlier times  maybe  got some  profit especially on to those miners  but  for those  who bought   expensive  zcash  then the  price dumps so  hard then its a sure negative profit.

[MarketMagic]

This is one of the latest services for news and market analysis.Good services are out there if you look for them and can be useful.Here are some good free or donate trading tips for bitcoin v usd pair.

https://coins.newbium.com/post/4408-bitcoin-v-usd-market-signal-for-saturday-november

[Barbut]

My recommendation is simple, don`t get into trading and hope that you will have luck there. I tried and it didn`t work, for trading you need serious approach, something like every day you need to be active, you need to follow everything what is happening. If you wish to make profit you need to know about teams behind coins, who has reputation.
Don`t get into trading if you are not ready to fully commit to that, for fun its ok to come here and then and to choose some coin with nice name, but for real trading, investing big money and making profit you need to be skilled.

[2double0]

The most effective coins are those which have tremendous developers involved, so the first thing to look for is that only.
Next, you need to know about the roadmap and follow them and have faith in them, but important here is that, devs should deliver or coin will be nowhere but will remain on the ground only.

[mirakal]

The most effective coins are those which have tremendous developers involved, so the first thing to look for is that only.
Next, you need to know about the roadmap and follow them and have faith in them, but important here is that, devs should deliver or coin will be nowhere but will remain on the ground only.

It would be easy to spot a coin which has a good developers because they have a good volume, and when you see a coin like that you will then have to exert an effort to study further and when you are convince with their road map, that's the time to buy the coins and invest it.

[yakdivine]

Even though, I've been several years buying, selling and even holding Bitcoin and cryptocurrencies there is one thing that I need to master yet and that is the ability to trade effectively any crypto in order to maximize profits.

Since crypto is highly volatile (especially alt coins), there is a good chance to make decent profit via trading.

Any good recommendations or resources that you could recommend me in order to trade cryptocurrencies effectively? (books, or any other resource)

I know one key rule which is buy low, and sell high but most of the times I end up loosing more than what I have invested initially instead of maximizing profits. 

The only people that succeed in trading are skillful and professional trader.Professional trader learn a lot of skills for technical, sentiment, and fundamental analysis. Google this! For crypto trading I think technical analysis is not as important as the other two. In contrast, in classical ForEx the technical analysis is the most prominent activity.

It also pays to have the technical skills to actually understand crypto currencies. Do you actually know what a hash function does? While I can do such analysis for you in my coin reviews, you should learn that yourself in the long-term.
Aq