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DrBitcoin (OP)
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December 15, 2017, 09:07:27 PM |
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I’m a HODLER. Plain and simple. I have some experience day trading bitcoin, and I made a little bit of money over the course of a month by being disciplined.
I will always be a HODLER...but as an experiment, I may consider offsetting my invested principal, with some well timed and disciplined trades.
My question: can anyone recommend a few altcoins with some volatility that tend to stay in a range. I know these days everything seems to be shooting straight up.
Again. My goal isn’t to get rich. I’m doing that through Hodling. My goal is to have fun and to attempt to reduce my outstanding principal.
Any advice would help. I am not strong at this.
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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dothebeats
Legendary
 Offline
Activity: 3640
Merit: 1352
Cashback 15%
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December 15, 2017, 09:18:52 PM |
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If you'd ask a suggestion in this very forum, you'd only be filled with noise instead of getting the signals you want to hear. In picking a coin to trade, you don't ask from the community as there's a huge tendency for them to go bias over their picked coin. I suggest that you pick your coin yourself and dig deeper for you to know whether the coin is worth trading or not. See whether there is a solid community backing it up, good devs that post updates here and there and a nice and sensible road map that could attract other investors as well.
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uszaty43
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December 15, 2017, 09:44:18 PM |
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If you are a holder, then you should know that it will be difficult to start trading, and more on the beggining... You will lose a lot of money, but you really need to understand how the market works. Are you aware of the high volatility that all the altcoins have? Have you been trading with forex or stocks before? My question: can anyone recommend a few altcoins with some volatility that tend to stay in a range. I know these days everything seems to be shooting straight up.
If you have some previous knowledge, then it will be much more easier to you. The most volatile coin at the moment is Monero, Ethereum, Litecoin and Dash. Take a look over those. |
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DrBitcoin (OP)
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December 15, 2017, 09:55:57 PM |
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If you'd ask a suggestion in this very forum, you'd only be filled with noise instead of getting the signals you want to hear. In picking a coin to trade, you don't ask from the community as there's a huge tendency for them to go bias over their picked coin. I suggest that you pick your coin yourself and dig deeper for you to know whether the coin is worth trading or not. See whether there is a solid community backing it up, good devs that post updates here and there and a nice and sensible road map that could attract other investors as well.
Well out! |
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Koro-Sensei
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December 15, 2017, 10:14:35 PM |
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I’m a HODLER. Plain and simple. I have some experience day trading bitcoin, and I made a little bit of money over the course of a month by being disciplined.
I will always be a HODLER...but as an experiment, I may consider offsetting my invested principal, with some well timed and disciplined trades.
My question: can anyone recommend a few altcoins with some volatility that tend to stay in a range. I know these days everything seems to be shooting straight up.
Again. My goal isn’t to get rich. I’m doing that through Hodling. My goal is to have fun and to attempt to reduce my outstanding principal.
Any advice would help. I am not strong at this.
Being a holder is nice and easy cause you wont do a thing and keep waiting until its your peak or target. Well being a HOLDER and trader at the same time will have some positive results cause you have some insights cause you know it a little. Maybe find some signals and youre good to go. |
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Slow death
Legendary
 Online
Activity: 3010
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
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December 15, 2017, 10:18:34 PM |
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Any advice would help.
It is difficult to give you an answer that is very precise, this is the part where you should go in the altcoin discussion section, but I am of the opinion that you can make trade with ETH, NEO, ADA, BCC, these are altcoins that you can predict the prices and trade comfortably. Now, do not expect that you will not lose money, be prepared to lose money My goal is to have fun and to attempt to reduce my outstanding principal.
This makes it much easier, enjoy yourself that you will also gain profit and experience |
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bmichael05
Member
Offline
Activity: 66
Merit: 10
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December 15, 2017, 10:19:57 PM |
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Its impossible to give your good answer. Because market is alive, it always changes. For my opinion it is not easy to trade crypto. Much more easy and profitabe to HODL...
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btctradingonline
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December 15, 2017, 10:34:58 PM |
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I’m a HODLER. Plain and simple. I have some experience day trading bitcoin, and I made a little bit of money over the course of a month by being disciplined.
I will always be a HODLER...but as an experiment, I may consider offsetting my invested principal, with some well timed and disciplined trades.
My question: can anyone recommend a few altcoins with some volatility that tend to stay in a range. I know these days everything seems to be shooting straight up.
Again. My goal isn’t to get rich. I’m doing that through Hodling. My goal is to have fun and to attempt to reduce my outstanding principal.
Any advice would help. I am not strong at this.
Cryotocurrency trading is totally unpredictable because the price of crypto is unpredictable so we can't say which coin price volatility will stay under certain limit.maybe you can try with popular coins like Ethereum, LTC,XRP and much more coins so you just pick one of them and try it.You said earning is not your goal they you may do what you want. |
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namjar
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December 15, 2017, 10:39:17 PM |
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Its impossible to give your good answer. Because market is alive, it always changes. For my opinion it is not easy to trade crypto. Much more easy and profitabe to HODL...
I think the same as you, but what do you mean with alive? The market now has legs? i was not aware of that! Yes, you are right, holding will always be much more profitable than just day trading, because you are just avoiding future losses and you are protecting almost all your money in your wallet. This is the only thing that i have been doing for the last few months, and now i have a little fortune on my hardware wallet. Dont waste your time on trading, take my advice. |
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OriginTrain
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December 16, 2017, 12:03:21 AM |
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Its impossible to give your good answer. Because market is alive, it always changes. For my opinion it is not easy to trade crypto. Much more easy and profitabe to HODL...
I think the same as you, but what do you mean with alive? The market now has legs? i was not aware of that! Yes, you are right, holding will always be much more profitable than just day trading, because you are just avoiding future losses and you are protecting almost all your money in your wallet. This is the only thing that i have been doing for the last few months, and now i have a little fortune on my hardware wallet. Dont waste your time on trading, take my advice. This is actually good advice. If I avoided day trading I would have saved not only a lot of time, but would have made 5x the returns I currently have (which aren't much). Trying to time the dips and highs etc is impossible. Even if you're right most of the time.. it just takes one time to be very wrong (where you mistime it spectacularly) whereby all those small little dips/highs you got right.. that very big one cancelled them. Best advice is to just HODL until your target is reached, let the market do its things. |
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