Zstuart (OP)
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February 27, 2018, 03:28:16 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
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Mi5h0
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February 27, 2018, 03:36:15 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
$100 is not much, but if you buy at the right time you could make a decent profit eventually. No one can tell you what coins/tokens are about to pump. You have to make that decision by yourself on your own research. If you are not a professional in crypto trading, it's crucial to investigate and read as much information as possible and collect all the important aspects, positive and negative, before making an investment decision. |
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Tatzky
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February 27, 2018, 03:44:56 PM |
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No one knows about the future of its coins or token, so why not just go with the top one hundred coins in the market?at least their line are secured since the coins has already its value?
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dukemc
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February 27, 2018, 04:19:58 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
I would say some simple steps: 1. Check the Marketcap (coins with low marketcap have good chances to gain) 2. Check the Coin/Tokens Website and the Roadmap and the Team 3. Join Telegram Channel of your choice 4. Make some rearches about the Token/Coin and Team Members 5. Invest in your choice where you have a good feeling |
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silvester4
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February 27, 2018, 04:23:00 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
With such a small amount to invest, it's better to stick with coins with a top 50 (or even better) marketcap. My tips: - use an exchange with low or zero fees, i.e. cobinhood, binance
- trade your coins vs. Tether, not BTC or ETH
- buy the dip (don't panic if you're too late, there will be more opportunities)
- never join pump & dump schemes
Example! Buy Bitcoin at a relatively low rate (24h rate). Immediately open a sell order vs. Tether (USDT) at that price +3%. When the order is finished, open a buy order at any lower price than last. Repeat! |
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VanDeinsberg12
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February 27, 2018, 04:23:24 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
Looks so difficult for a day traders to seeing any opportunity to get the coin that will be pumping soon. As far as i know your chance depends on the votality of the coin itself. Remember you are wanna doing a day trade dude. It may take a long time for a coin to get pump because that depends on the trend of crypto and the development progress itself. I suggest you to learn TA and FA rather than looking for coin is about to pump soon. |
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pey
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February 27, 2018, 04:26:27 PM |
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$100 is actually very good if you have just started to do day trading because you probably lose money, I think you should find coins yourself otherwise you can lose more money.
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Poink
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February 27, 2018, 04:28:46 PM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
- Start with a good exchange (this is very critical) - Look for a good (research) and relatively active coin (consistent high 24 hour volume) - Market cap is not important but coin count is...avoid high qty coins if possible - Watch/monitor the charts - Avoid "flat" graph coins...look for very erratic behavior...those are your buy/sell opportunities (unless you want to jump from one coin to the other) - Do not pressure yourself to buy or sell (i.e. do not have a fixed time period) - Do not be greedy, collect those 20% or so gains and be happy  (see below). - Set a goal and act once met (deviate only when TA=technical analysis permits). - Remember the mantra; buy low, sell high Good luck! |
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stronghands4lyfe
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February 27, 2018, 05:00:42 PM |
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You find them by doing some ground work and research but what you don't do and please don't do this, is join a pump and dump group because they will promise you all sorts of easy things but that is not the way! You may end up with a bit of ez money but most times you will get rekted, so avoid those groups please like the plague.
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leea-1334
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February 27, 2018, 05:48:35 PM |
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That is a really good and safe way, and is just how I did it. I am also a holder by definition, since I only buy coins I want to keep until a certain value is reached, but I also put a small amount of Bitcoin into trading alts but even then, not daring enough to try day trading like you! My suggestion,,, do not let the $100 fool you. 0.01 BTC is not a small amount. Trade coins that are below 50 cents and you have plenty to move.
Always check markets for volume, day trading needs high volumes.
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Briella18
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February 27, 2018, 11:44:15 PM |
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if you start with a capital of $ 100 then the profit you get will not be too much, you must be patient, the most important in daily trading is consistent
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JCB44
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February 28, 2018, 02:36:54 AM |
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First of all you need to learn some TA for sucessful daytrading.
Basic foundation in that would be to learn - Elliott wave theory, Fibonacci retracement/extension + some indicators like RSI,MACD and EMA
So you can indentify support/resistance zones and sell targets.
Good luck!
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hynext
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February 28, 2018, 03:57:49 AM |
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If you are a beginner and you do day trading maybe you lose your money. You can search here what is good altcoins to invest and pump. You must have long long patience in trading and don't panic selling. There's a rainbow always after the rain.
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zorgo
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February 28, 2018, 04:37:03 AM |
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You can use marginal trading with only $100, but this is a lot more risky, and you need to be well prepared for this.
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Gastotade
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February 28, 2018, 04:47:14 AM |
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If you are a beginner and you do day trading maybe you lose your money. You can search here what is good altcoins to invest and pump. You must have long long patience in trading and don't panic selling. There's a rainbow always after the rain.
day trading requires a lot of time and focus, to be able to be successful on it , it will be much preferred to have a big capital to earn a good amount. I'm planning to do day trading when I already collect some good amount of coins to trade. |
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xiaoyum
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February 28, 2018, 07:50:03 AM |
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100 dollars is bit too less to start trading, I suggest you to start with $500 to $1000 levels. I think there are still money to be made in short term altcoin trading as coins are very volatile. But you need to calculate your risks.
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Felimon
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February 28, 2018, 08:32:42 AM |
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With small amount for trading, you should open an account at Poloniex or Bifinex to do margin trading. With margin, you just need to follow the bitcoin price to open orders, for example: bitcoin dump more than 3-5% then open long order at 10% dump and take profit when the dump is over.
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BTCMILLIONAIRE
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February 28, 2018, 08:40:35 AM |
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I want to see how far I can take $100 day trading. I welcome any tips and advice please. How do I find coins/tokens that are about to pump?
Thanks!
You're asking about swing trades. A good grasp of both fundamental and technical analysis helps here. Fundamentals so you'll understand when an asset is likely to hit a period of increased growth rates, and technical analysis to figure out when and how to sell (and rebuy) the inevitable correction. Read up on literature about the three terms and study it. Don't listen to some random dweebs on the internet. They'll just try to manipulate you or pander off worthless advice. |
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SamboNZ
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February 28, 2018, 08:44:20 AM |
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I suggest that you should increase the amount that your gonna be using in day trading because it's just too little because day trading requires more time and effort in it, exerting time and effort with a little profit is stressful sometimes. If you want to know on where to find good coins/tokens just look at the coinmarketcap and research, study and analyze the coins that you would like to invest in.
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BTCMILLIONAIRE
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February 28, 2018, 08:45:30 AM |
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I suggest that you should increase the amount that your gonna be using in day trading because it's just too little because day trading requires more time and effort in it, exerting time and effort with a little profit is stressful sometimes. If you want to know on where to find good coins/tokens just look at the coinmarketcap and research, study and analyze the coins that you would like to invest in.
He says day trading, but his post suggests swing trading. Day trading isn't about identifying pumps, but about trading any arbitrary market situation. |
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