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Author Topic: Choose altcoin for trading  (Read 12049 times)
nonlinearboy
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July 28, 2017, 12:44:02 PM
 #161


Today, almost all the alt coin dumps a lot, and the bitcoin pumps more than 5%, that seems the alt coin market is cold recently and the investors focus on the hard fork event in the incoming August 1ST.
Wintersoldier
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July 28, 2017, 01:45:03 PM
 #162

Well i am not choosing new altcoin because high potencial you can get but its too risky to invest.. that is why i am only choosen old coins
look at this site
coinmarketcap.com
and check the altcoin in top 20 those has a good movement and i think you can make a good profit in top 20 rankings and you can't hardly to choose what altcoin is the best..
If you want to play safe or to make a sure investment on a altcoin it is definitely a good idea to choose the old alternative coin which have a rating in the market through the years or even months. You should also learn how to monitor the price and the trend so you will know if you will buy or sell in thepart of trading proper. But I also see that it is not bad to invest on a new coin or alternative coin which you can get on a signature campaign on alts. It is a good thing to do because it is just like having a trading platform on a new token that will be released on the market just make sure that you will support your chosen ICO project for it be successful.
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July 28, 2017, 02:16:59 PM
 #163

Litecoin and ETH are good for trading. I'm trading ETH and this coin has higher volume.

I kind of think ethereum is a bit problematic now considering the so much incidents of hacks it has had. I really don't think it's safe trading it. I am not saying it shouldn't be traded. I am saying it isn't safe.

Notably, I think those altcoins below 10cents cam be traded for maximum profits if they have volatility. Example Bela/BTC

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NJB18
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July 28, 2017, 02:31:12 PM
 #164

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro


Here are some altcoins that I have heard will acquire more value over time. Ripple, Digibyte, Verge, Stratis, Siacoin, Waves, Antshare, and RDD. I am not holding all of them though. I have most of them but I cannot acquire the others as I am still avoiding bitcoin exchanges. These coins will go through the same price fluctuations of course.
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July 28, 2017, 02:33:59 PM
 #165

Since I invest in some ICO and I could not make anything reasonable out of it I have  decided to only trading altcoins that are currently trading on  exchanges trading platforms.  OP you can buy lisk, Strats,  wave and those popular coins that are at ICO level such as tagetcoin,  Magi coin and tezo
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July 28, 2017, 03:28:13 PM
 #166

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro


if you newbie you can choose old coin with big volume transaction
sample litecoin,dogecoin, ethereum and more

Yes, at the moment it is the most reliable alternative coins. But do not think that if you choose them, then avoid risk. No, these altcoins are also very risky, so you need to be careful
In all forms of investment and trading there is always a presence of risk because it somehow inevitable which is quite normal for us to deal with. So the best to do is to set and always keep in mind to think that there should always be a risk and you need to know and to manage how you can deal with this for you to earn in all aspect and ways you can do. And altcoin as a form of crypto-currency it is also aligned on development so it is good idea to trade just always take time to manage.

jovs
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July 28, 2017, 04:47:28 PM
 #167

Go for altcoins that have good volumes and active development. To make it easier for you, look at coinmarketcap and choose the coins that is on the top 10 of the list. That is the safer way to choose if your not too much on researching and reading whitepaper.
If you want to have a sure profit on regards to your trading on altcoin it best to choose altcoin with high volumes in the market and trading sites where it tells the movement of transaction or the possibilities of development on that specific coin. But it also s good thing to support and to have a new coin in the market where you will just need to apply on a signature campaign in altcoin and you can get new develop coin that can be a hit in the market. Just make sure that you will do your job to support and to promote for the new coin to be successful.
rejosh
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July 28, 2017, 07:05:13 PM
 #168

Sonm is very cheap now 1/3 of ico price best time to buy.. Grin Grin


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July 29, 2017, 02:34:30 AM
 #169

Sonm is very cheap now 1/3 of ico price best time to buy.. Grin Grin
The right time to buy altcoin, because all altcoin Change is red. Buy now and I'm sure after 1st August all will improve.
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July 29, 2017, 03:10:39 AM
 #170

Well i am not choosing new altcoin because high potencial you can get but its too risky to invest.. that is why i am only choosen old coins
look at this site
coinmarketcap.com
and check the altcoin in top 20 those has a good movement and i think you can make a good profit in top 20 rankings and you can't hardly to choose what altcoin is the best..
It is quite good to invest on new coin in market or even support an altcoin that is going to take a new project or ICO. You could actually earn it on the Alternative signature campaign where you can apply and support it for you to earn coin and when the project is successful you could have that coin and used it on the platform of trading for you to earn more. Through that you don't need to invest you own money just to buy token rather all yup need to do is to support and to promote your chosen project.

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July 29, 2017, 04:28:37 AM
 #171

if you are a long time trader then suggest for you that buy ETH,LTC,WAVES but if you short time trader then you followed ico coin.
hangar18
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July 29, 2017, 05:04:52 AM
 #172

Well i am not choosing new altcoin because high potencial you can get but its too risky to invest.. that is why i am only choosen old coins
look at this site
coinmarketcap.com
and check the altcoin in top 20 those has a good movement and i think you can make a good profit in top 20 rankings and you can't hardly to choose what altcoin is the best..
It is quite good to invest on new coin in market or even support an altcoin that is going to take a new project or ICO. You could actually earn it on the Alternative signature campaign where you can apply and support it for you to earn coin and when the project is successful you could have that coin and used it on the platform of trading for you to earn more. Through that you don't need to invest you own money just to buy token rather all yup need to do is to support and to promote your chosen project.
I agree with you, with type people as me not want use my funds to investing ICOs project, but still interesting it, join bounty is best choice for do that. But need spend more time for working and the reward receive from bounty usually small, almost depend your rank and time joining this campaign.
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July 29, 2017, 05:09:18 AM
 #173

Sonm is very cheap now 1/3 of ico price best time to buy.. Grin Grin
The right time to buy altcoin, because all altcoin Change is red. Buy now and I'm sure after 1st August all will improve.
I agree with you, many altcoin have dropped 100% of profits in the last 3-4 months, if bought now will surely get big profits and the future of all altcoin will be pumping investors.
nasipadang
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July 29, 2017, 05:13:27 AM
 #174

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro

If you want a stable altcoin I recommend a altcoin that has a small value like doge because the price movement is very slow, cryptocurrency is fluctuations to find stable rather difficult but fluctuations that make a profit for traders

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July 29, 2017, 06:15:30 AM
 #175

I'm intending to begin putting resources into waves since I as of now have some others coin yet I don't think I can hold it any longer so I was wanting to go to Waves and hold them quite a while I believe it's a smart thought to me. I heard a considerable measure of good things about Waves and it sounds persuading for me
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July 29, 2017, 09:25:59 AM
 #176

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro


Maybe ethereum, IOTA, and monero are also stable in price. May be your consideration for the third trading coin. But depending on your trading strategy, try not to rush to buy or sell.
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July 29, 2017, 12:11:46 PM
 #177

FootyCash (FOOT) is great for trading.

1. The market has fallen slightly because of the BIP148 activation to take place on August 1st; prices are cheap now so buy before the BIP148 activation.

2. FootyCash developers are getting ready to relaunch and release a new version with Masternodes and Privacy Send like DASH and PIVX. Once that happens the price should rise dramatically.  Now would be a good time to invest and make a good short-term profit.

Other reasons to use FootyCash (FOOT) for trading:

Footy Cash (FOOT) has seen a meteoric rise in valuation for the past month; with a price increase of more than 5000%+ on multiple exchanges.

https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC#

https://bitcointalk.org/index.php?topic=1374929.0

I think the reason being is that:

1. Footy has Rarity - Only 4 million coins total can exist.  There is a small POS inflation rate - about 3% annually (for staked coins only).
How many of you can say like the Winklevoss twins - that you own whole percentages of a cryptocurrency.  
Looking the current price of FootyCash you actually might be able to!

2. Footy is the first Fantasy Sports Crypotocurrency ever made. - Footy is the Bitcoin of Fantasy Sports!

3. Fantasy Sports is a multi-billion dollar industry - with tens of billions of dollars in annual revenue just for Fantasy Football alone!  If you count all the illegal gambling the figure goes much higher - maybe hundreds of billions? (not that I am condoning illegal gambling - but it's a fact of reality that must be considered anyway).

4. Coinmarketcap list just under 900 altcoins; of those listed only a  small percentage of altcoins have a cap of less than 4 million total coin.  Every coin on coinmarketcap with a rarity of less than 7 million total coins produced are all worth more than $2.00 USD - with the exception of Dreamcoin (because of YOBIT) and FOOTY CASH (which is currently undergoing a price correction: 5000% increase in the past month alone.)

5. The coin was greatly undervalued because of unawareness of the Footy cryptocurrency and Fantasy Sports as well.  As more and more people become aware of its value the price will continue to rise. The price may go higher than $10.00 USD per coin before the end of the year!

6. FootyCash has a great developer, active development, and the best community support!

7. FootyCash has a promising roadmap and is currently developing Masternodes and Anonymous Send like DASH and PIVX for the next release.

8.  The name FootyCash may sound funny but "Footy Cash" is an actual English term (apparently):  

     https://www.power100.com.au/news/local-news/81959-footy-cash-to-go-to-good-friday-appeal
     and
     http://www.heraldsun.com.au/ipad/california-club-brothel-sues-in-footy-cash-feud/news-story/bd77f7d397a34a067342a113b5bfa5d8

9. DraftKings, FanDuel, and other Fantasy Sports companies are getting the legislative green light to operate in most U.S States and other countries as well.  

https://www.law360.com/articles/944544/draftkings-fanduel-can-focus-on-dfs-legalization-post-deal

Quote
Over the past year and a half, DraftKings and FanDuel have been able to convince state lawmakers in eight states to expressly legalize DFS, most significantly in New York as it ended lawsuits by the state attorney general.


    When these companies decide to follow the trend of most corporations and switch to blockchain technology - I guarantee you that they will take a hard look at FootyCash first!

Quote
Why would Draftkings or Fanduel select FootyCash (FOOT) for customer deposits/withdrawals over conventional Cryptocurrencies such as Bitcoin or Ethereum?  Why should they use FootyCash over Bitcoin?

FootyCash (FOOT) is the first cryptocurrency designed for Fantasy Sports and there are only 4 million total coins ever; as good as those reasons are, what makes FootyCash a better choice over Bitcoin for DraftKings and Fanduel customer deposits/withdrawals are the following reasons:

FootyCash's roadmap and ongoing development will make FootyCash far better for Fantasy Sports than the other more popular coins such as Bitcoin, etc.

FootyCash will have features that are specifically designed for Fantasy Sports and gambling as a whole.

One example is an Anonymous Send feature like DASH and PIVX.  Bitcoin does not have Masternodes nor an Anonymous Send feature but FootyCash is currently developing these features.

The legality of Fantasy Sports in every country is not clear, most being ambiguous at best. Even though most U.S states are legalizing Fantasy Sports gambling there are some people who would feel more comfortable with a coin designed to protect them in the area where the law may not be clear.

Both Draftkings and Fanduel also would want a coin that can cater to the Fantasy Sports industry as a whole, with features designed for Fantasy Sports - i.e fantasy sidechains, etc...  

Bitcoin can't do that, but FootyCash can.

*****************************************************************

FootyCash (FOOT) dev just confirmed Anonymous Send feature like DASH and PIVX to be added along with masternodes in the new release of FootyCash:

From:

https://bitcointalk.org/index.php?topic=1374929.400

The focus right now is on creating masternodes for the coin.  They will help provide stability to the network and incentives for ownership.

We are making excellent progress, and will update the community on details for how many coins are required for a masternode, features, and other important information shortly.

Welcome to any new members of the community Grin

How many coins to avail in masternodes? What is the benifets if i buy masternodes? It looks good for me i just want to know some more info about this coin thank you dev. I wish i could buy some cheap coins until the masternodes emplimentation is release

There are a number of important features outlined below.  We will be releasing details on masternode requirements soon.  

The fantasy sports industry needs faster payment methods and anonymity to protect personal information, so these features fall right in line with our mission statement.

Features

  • Anonymous Transactions
  • Improved Network Security
  • Faster transactions
  • Decentralization
  • Community voting on proposals

Are you going to use the same Anonymous Send features as DASH or PIVX?

Yes.  What we are working on for the masternodes will have an anonymous transaction like PIVX and DASH.  Still testing things, and will keep the community updated.  Hope to have something ready in the next week.

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Erickvand
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July 29, 2017, 12:17:11 PM
 #178

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market,  For example digieuro


Litecoin and namecoin are altcoins that have always been stable. You can include it in your shopping or trading list. Or you can monitor the nice alcoin of dicoinmarketcap.



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roshidnahdi
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July 30, 2017, 08:29:52 AM
 #179

if you are a long time trader then suggest for you that buy ETH,LTC,WAVES but if you short time trader then you followed ico coin.

I agree with you guy, ETH,LTC,WAVES it is good for long term trading, this few days almost all altcoin turn to red time to buy, my opinion after 1st august altcoin will bounce up.

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Fesatmas
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July 30, 2017, 08:41:53 AM
 #180

I prefer to choose new coins to trading in short term. It depends on the coin if the new coin has a good project I will choose it and if not i will ignore it.
And also the market activity for new coins is very crowded but it's just for trading in short term, for long term i don't recommended.

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