Are there any tips for taking short-term profits in cryptocurrency?

[showbiz111]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

[ahoenk]

Taking short term profit in crypto currencies can make your investment at very high risk. The only one thing i know to get very short profit is gambling but i dont suggest it to you. The midle time to take profit on crypto is investing in good ico. I suggest you invest on shivom/essentia/DAOstack. Those are the good ico i know so far after i did some research.

[bozo333]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

If you looking to short term investment in Cryptocurrency you must invest in cheapest altcoins and you should carefully analyse the white paper and history of the altcoin because then only we can predict the future growth of the altcoins. But short term investment is little risk so carefully pick the right coin in right time then only you will earn more profit.

[shinratensei_]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

This is my tips and i used it mostly at altcoins market. When you are seeing a new coin that will be listed in the exchange site and you should not try to join in the ico and just be waiting for it will be getting dump after it has already listed for a few minutes and you can try to start to buy it through some partials to avoid your loses. And you can try to sell them all when it will be getting early pump.

[lx001]

I have found it quite profitable to check Binance twitter and webpage for new coin listings. All these new listed coins are pumped practically all the time, so you have a chance to buy cheaper on other exchanges during the first ±30 minutes if you time everything right. The last coin I was involved was QLC which made an easy x1.5-x2 during the first hour of trading.

[EdenHazard]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

Trading will be your solution, if you are a savvy person reading market movements, understood about technical analysis and fundamental analysis you can get profit in the short term. The price of cryptocurrency always moves and you can make an opportunity to trade. And I think to get a short-term profit between short-term investment and trading is better trading.

[matthewoz101]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

It depends on your knowledge. My best suggestion would use bollinger bands to trade cryptocurrency on exchanges. Every little gain helps. If your coin goes on a bull run, then make sure to take some profits so you can reinvest in the same coin when it dips or buy others that will pump.

[rayk]

That is not risky but people end up with no profit because you will want to make another short term profit and at some point you can lose it.

[mostcrack]

Trading is a very good way if people are well aware of market developments, it's easy to just buy in low places and sell continuously that way if it is a crypto in a positive state of course it requires graph analysis which would be great if it is well understood with the graphics, it would not hurt to try it but multiply the reference coin which for you to potentially rise in the future, rest assured that you will be very profitable for yourself.

[Angel0]

Check exchange waiting list,  what coin is going to be inlisted with them soon and buy token from the ICO before the ICO period finished, in this kind of strategy you need to monitor news about the coin movement and the exchange.

[Alex077]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

In any case, the best way of investments - long-term investments, at least a year. You need to choose the right and reliable cryptocurrency with good prospects. Short-term investments are ok, but only for very experienced traders who work with cryptocurrencies for more than one year.

[bitcoinking11]

It is not that easy to take short-term profit, you have to be aware of the market dynamics. Only investors who have been trading for a long time can take short-term profits, as they have got a lot of experience. If you are a beginner, then it would be difficult to take short-term profit, on the contrary you may lose everything.

[okissabam]

Short term profits in cryptocurrency is highly risky but if you are an expert to trading then it would just be easy for you to trade short-terms. Tips I could possibly advice you is get to know the coin you want to do short term trading with, do some research so you won't be disappointed in the end if the results are not what you expected and always set a target goal on how much you would want to profit or how much you are expecting for that coin.

[OuterTech]

I think the best tip to get profit in short-term investment is collecting news ). As you know news has big effect on cryptocurrency price so you'll be able to get profit from short-term investment in crypto by collecting crypto news. For example John McAfee listed TRX as good coin of the week then TRX price pumped to the moon, XVG announced about new partner then XVG price pumped too ).

[Iman Mutlaq]

Its very risky to think of short term profits , however reading alot and keep following up the news can make you aware of the market and how to trade in it ,
Best Of luck

[buytheeffinD]

I have just one simple tip for you and that is when a coin is at its ATH take some profit. Whether that be 1, 5, 10, or 50% of what your bag, take something off the top. It just makes good sense and you are doing yourself a disservice by not taking profit there.

[Aikidoka]

If you really want a good advice, you should not rely on people's opinions. No one holds a fact nor knows the future. Therefore, make a good research and study the market well. You should not waste your money on a coin that brings you only loss not a success. Also, if you have an experience in trading in real life, then this is a good opportunity for you to put what you learned into action. However, I recommend investing for a long-term, much more profits.

[Sahyadri]

I have joined multiple telegram groups where people share signals to buy specific coins. To be honest, 60% of the times you end up on the losing side and during the other times, the profit isn't even as huge. I suggest you just monitor the charts daily and buy whenever you feel the price is being pumped. This strategy has still somehow worked for me but you need real good luck in order to make most out of it.
Nevertheless, you can try your luck with IOST and PundiX right now.

[jagdeepjd]

Hello guys please I need us to share our opinion and ideas if you really know any few tips on how to take short-term profit in crypto-currency

Short term profits or even long term profits depends on you. Whenever you start a trade you should make up your mind that how much you want to gain from this trade and stick to that % dont be greedy. It will happen many times that when you sell your coin it will go more high after your sell. You need to train yourself so that you dont regret on those moments.

I would suggest you to mainly focus on long term gains as short term is stressful and you often make mistakes which leads you to lose.

[AntoCokbun]

there may be only two ways to make a profit in the short term in the world of crypto trade and gambling. both have a high risk but I recommend trading more than gambling. with trading you can minimize risk by searching for some information and doing research, but with gambling it will really depend on luck.