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Author Topic: Trading  (Read 684 times)
Simss
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September 13, 2017, 12:47:23 AM
 #21

HI, i'm new in the cryptocurrency world and i would like to know some things:
1. Where do you trade altcoins/bitcoin and why? Bittrex/Poloniex?
2. Where's the best place to change bitcoin/altcoins into FIAT with the lowest fees?
3. What's your strategy in trading and how much do you invest in it?
Thank you so much for all your answers!
1. in my opinion bitrex and poloniex are big enough exchanges, so you are free to choose which exchanger.
2. local exchanger
3. General statistics in trading are low buy and sell high, but if you ask how much investment is given, then the answer is as much as we can afford to lose.  Wink
rtinedal
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September 13, 2017, 01:47:58 AM
 #22

for me poloniex is a cheaper buy and sell comparison to bittrex even if the bitcoin withdrawal fee is also cheaper compare to bittrex. There are many good altcoin in poloniex in bittrex with that shitcoin but most of it is shitcoin. with new altcoin in poloniex omisego. for now my trading strategy is buy low sell high only.
nelsledma
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September 18, 2017, 10:42:36 AM
 #23

HI, i'm new in the cryptocurrency world and i would like to know some things:
1. Where do you trade altcoins/bitcoin and why? Bittrex/Poloniex?
2. Where's the best place to change bitcoin/altcoins into FIAT with the lowest fees?
3. What's your strategy in trading and how much do you invest in it?
Thank you so much for all your answers!
1. in my opinion bitrex and poloniex are big enough exchanges, so you are free to choose which exchanger.
2. local exchanger
3. General statistics in trading are low buy and sell high, but if you ask how much investment is given, then the answer is as much as we can afford to lose.  Wink
I will second to all what you have said without having a second thought even. I think Bittrex is the best possible exchange which is available and is most convenient to use. There are number of traders who trade using this exchange and it is the most widely and most trustworthy exchange.
BitcoinHodler
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September 18, 2017, 11:20:23 AM
 #24

for me poloniex is a cheaper buy and sell comparison to bittrex even if the bitcoin withdrawal fee is also cheaper compare to bittrex. There are many good altcoin in poloniex in bittrex with that shitcoin but most of it is shitcoin. with new altcoin in poloniex omisego. for now my trading strategy is buy low sell high only.

yeah, that trading fee of bittrex (0.25%) is really felt when you are trading a lot. it can accumulate to a considerable amount of money after a while.
but sadly poloniex has a lot of issues that makes me still stick to bittrex. of course there are also other exchanges. you shouldn't restrict yourself to just the two. bittrex can eventually fall to the same faith. polo was not bad in the start either.

Holding Bitcoin More Every Day
hasmukh_rawal
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September 18, 2017, 12:39:45 PM
 #25

HI, I'm new in the cryptocurrency world and I would like to know some things:
1. Where do you trade altcoins/bitcoin and why? Bittrex/Poloniex?
2. Where's the best place to change bitcoin/altcoins into FIAT with the lowest fees?
3. What's your strategy in trading and how much do you invest in it?
Thank you so much for all your answers!

So, I will try to answer your queries in Requested order.

1) I trade altcoins on BITTREX exchange, they are the best. Previously I used POLONIEX, but I had to stop using them from past few months, as they have high negative feedback from customers, specially on payment system and also their volume is less than bittrex. Bittrex is best to use because it has high Trading volume than other exchanges which means they have high liquidity than other's, they are regulated in the USA which shows that they have good security, they also allow the peer to peer loans service and apart from all these they do provide the best customer support, and they are almost active on most of the time.


2) I use UNOCOINS for exchanging with my local currency and their fees are comparatively low than other's approximately around 1%. Its best for me and apart from this I also use ZEBPAY and even they are good to use.

3) My strategy is simple and powerful, and it is TREND FOLLOWING. Ride the trend by following the DOW THEORY and then invest in dips and take profit when you gain 15%to 20% profit on your investment on your each trade. Investment depends on you how much you can afford to lose. Beginners are requested to trade with small capital($100 to $200) at least for three months and if successful, then you can move forward to big capital.

hope it helps. Smiley

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