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Author Topic: Choose altcoin for trading  (Read 12076 times)
HempMongolia
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July 30, 2017, 09:03:34 AM
 #181

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


Things to look for when choosing an altcoin to trade/invest:
- See if the project's developers are active
- Does the project have an active community and support (you can see on their chatroom [like telegram or probably slack], reddit, twitter, facebook, medium)
- Roadmap
- Total coin supply

and judge.
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July 30, 2017, 09:50:38 AM
 #182

Bitbeans is a good day trader but if you are looking for a long term hodl i would say STRAT or ICN
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July 30, 2017, 10:10:51 AM
 #183

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.
That is my hope too, the current situation is understanable because people aim to get free Bitcoin Cash, but after the fork altcoins should recover, l hold bitcoin as well as many altcoins.
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July 30, 2017, 10:21:43 AM
 #184

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,

ZEIT starting on August 11,
we change to an Ultra Low Inflation coin , only ~500 new coins will be created daily after, thereby stabilizing our new supply of coins and price per coin with it.  Wink

 Cool
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July 30, 2017, 01:39:03 PM
 #185

I have traded Linda coin ant it was the most profitable trade coin for me.. But few days back it went down and down to the least that also made the lossiest coin for me Smiley .. Over all nowadays its stable and static. A newbie should always invest in Litecoin and dogecoins. They are the ones that are in markets and in every ecxhange and you can some how predict prices while trading these coins.
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July 30, 2017, 01:57:35 PM
 #186

If you are new to trading. It's good to note the volume and news about the coin. And I just suggest it may help you. Coin which is currently stable price of eth and ltc. Hopefully can help you.

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July 30, 2017, 02:09:49 PM
 #187

I think if you are a trader then you should invest long term as you are sure to be new in this field. For me, you should buy BTC, ETH, LTC, DASH, ETC for long term investment because it will inevitably in the future these altcoin will be very high prices.






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July 30, 2017, 02:19:40 PM
 #188

The altcoin which their community is big would be good choice for trading for example digibyte, it has lots of supporters which support a pump in social media.

Mahanton
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July 30, 2017, 02:29:00 PM
 #189

The altcoin which their community is big would be good choice for trading for example digibyte, it has lots of supporters which support a pump in social media.
This is one of the components or indications on which i do seek out first when i do decide to trade an altcoin on which i do want to know on how big is its supporting community of such coin.If i do saw that its big then its one of my signs to jump in because having a good support will really have a potential to pump later on but well no one really knows but having this kind of steps would somehow give higher chances to make profits later on.Speaking with altcoin i do mainly go on those who are on ranking on marketcap.

R


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Butchick
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July 30, 2017, 03:13:51 PM
 #190

Trading is a risky game so you better invest on coins that are pretty stable and have proven themselves, somehow, to be worth investing on. As of the moment, litecoin and eth have been rocking its way up the list and its quite impressive. You still have to be cautious thou; you'll never know when these coins fall or what.

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July 30, 2017, 03:34:56 PM
 #191

Trading is a risky game so you better invest on coins that are pretty stable and have proven themselves, somehow, to be worth investing on. As of the moment, litecoin and eth have been rocking its way up the list and its quite impressive. You still have to be cautious thou; you'll never know when these coins fall or what.

Of course trading coins is a risky game, high risk means high payback, so I think it is better to put some money in trading coins, maybe 10% or 20%, and  it is not wise to put much money on this game.

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bobyhodob
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July 30, 2017, 03:48:58 PM
 #192

Trading is a risky game so you better invest on coins that are pretty stable and have proven themselves, somehow, to be worth investing on. As of the moment, litecoin and eth have been rocking its way up the list and its quite impressive. You still have to be cautious thou; you'll never know when these coins fall or what.

trading is also the same as invest in coins, All have the same risk. just depends on you, whether you are a player long term or short term. If you're a long-term player at least you will always profit.

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July 30, 2017, 03:50:12 PM
 #193

If you want an altcoin which is very dependent on Bitcoin, then go for either Ethereum or Nemcoin. On the other hand, if you want to chose an altcoin which is somewhat independent of the BTC, then go with Litecoin.
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July 30, 2017, 04:00:20 PM
 #194


I think you'd better to wait after the 1st August when there will be a results of the bitcoin hard fork issue. As you can see, almost all the altcoins dumps more than 30% recently, maybe a lot of altcoin holders choose the sell them in the past few days.

 
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July 30, 2017, 04:09:18 PM
 #195

My opinion you can choice waves, straits, dgb,wings, or nxt best for trading....
I also use for trade waves /next
thanks
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July 30, 2017, 04:20:08 PM
 #196

Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
If you are new on the world of trading it may be a gamble for you to trade altcoin. But if you are well educated about the system of altcoin and the trading mechanics itself it may be not like taking gamble anymore. Because you are aware on what you are doing. If you are going to choose on the altcoin you are going to trade it is a best to consider supporting ICO project which may develop new coin in the market anf you could possibly earn it through signsture campaign altcoin. Then try and trade for you to experience and learn how to manage the trading itself.
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July 30, 2017, 04:27:29 PM
 #197

For me I had an option in terms of trading,If the amount of my coins is low just like altcoins that is next to bitcoin I barely choose bitcoin,but it is also reliabe to trade altcoins.It depends to you its either you use bitcoin or altcoins.But if you are an altcoin user and you have many of these you can also use these particular coins
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July 30, 2017, 05:24:47 PM
 #198

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
I agree that we should always keep in mind that in any forms of investment there will be always a risk. And it is quite inevitable so we should live with it. And we should see altcoin as relatively coherent to Bitcoin because it has the same form in trading. But if you are going to choose altcoin that you are going to trade you can also consider supporting ICO where youcould earn new coin to try as a form of trading alts.
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July 30, 2017, 05:27:42 PM
 #199

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


I think the failures that you have experienced will give you much experience, it is not a bad thing. I think altcoin is getting a lot of influence from bitcoin, its value does not change according to any rule, so do not buy it now, wait when everything is stable.



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July 31, 2017, 02:57:52 AM
 #200

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 are just learning about trading. You should not put eggs in 1 basket. Suppose you have a capital of $ 100. From 100 $ you divide into 2 coins. And you should look at the ltc and eth they are a very stable market today.
This is a good advice, but one that I think is even better is that if you are feeling overwhelmed about the market then the only thing I can say is that you are not ready to trade and that you must wait until you read more and accumulate more experience before your first trade.
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