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Author Topic: Altcoin is for day trading  (Read 4322 times)
3meek
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September 29, 2020, 07:01:24 PM
 #741

There are many ways to trade altcoins and not lose money on it, but earn money on the other hand. Have you ever heard of trading bots?
Finding a working bot is a real success Grin Grin Grin Grin

A trading bot is a way to destroy a deposit! Cheesy As well as paid telegram channels!
Alts are easy to trade in a bull market... When the bloody market, as it is now, it is very risky to catch rebounds!
HK88
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September 29, 2020, 09:06:59 PM
 #742

in my opinion, this is coming out of those who have been tired of waiting for the market when it will improve. if we think carefully to immediately sell the altcoin we have whether we have gained? I think holding back more patience while the need is still sufficient, we will get multiple benefits.and it's only a matter of time.
rahmatullah9305
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September 30, 2020, 01:11:04 PM
 #743

There are many ways to trade altcoins and not lose money on it, but earn money on the other hand. Have you ever heard of trading bots?
Trading bots will also not help much in day trading, because the purpose of trading is to make profits, not only to avoid losses through the use of bots, indeed there are many ways to trade, but the methods commonly used by everyone are those that suit economic law.
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September 30, 2020, 02:43:22 PM
 #744

Day trading is not suitable for beginner, it is for experienced trader. If you have been trading for a long time then you can do day trading.
He did not mention anything about beginner of course it won't suita them since they don't know anything about trading. It is perfectly suits for professionals since they know the fundamentals and they are experts they don't fear of risking anything they have, it is actually goof for those who are trying to learn the basic trading. Scalping or trading is for new learners.
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September 30, 2020, 02:45:00 PM
 #745

as trader works on customs as following uses with personal strategics, the returns on confinement to gives as distinctive on results as trader to work with preset on casuals as expecting to gains on number with the limit to complete within the length of terms as managing plan with one or different token trading at the same session or sequence.

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kavabanga07
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October 01, 2020, 04:20:17 PM
 #746

wow wtf is going on with the ltc price?the candle just dropped down hard.

any news?
Benefactor
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October 01, 2020, 04:38:17 PM
 #747


Waited for the dropdown, however the litecoin price is moving upwards... Still below the previous trendline, however downdside structure was broken... Still holding my position however the price could go up further? Are you trading right now?

While for altcoins, they are not giving an excess of significance too it and that is the reason they like to day exchange altcoin which possibly can give them benefit that can include their bitcoin possessions. A great deal of good altcoin right now, as Ethereum, Ripple, Litecoin, Dash, Bitcoin Gold And so on. we can exchange a ton of Altcoin on the double, to get more benefit. I feel altcoin would be a superior choice for day exchanging inferable from the way that the tasks are not worth long haul hold and could be exceptionally rewarding when flipped through and fro to profit out of the unpredictability idea of the market.


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AjithBtc
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October 01, 2020, 06:02:47 PM
 #748

Majority of the altcoins are meant only for trading, because those coins really doesn't have any use cases. If Bitcoin is the only cryptocurrency, and if there is no altcoins then cryptocurrency trading would've never been this popular and the market might've not widened as the present.

Coroline
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October 01, 2020, 06:45:42 PM
 #749

Majority of the altcoins are meant only for trading, because those coins really doesn't have any use cases.
I need survey data on this subject because the feelings inside me also say what you describe,  there are so many utility coins released in the crypto world. I really want to see the data of people who use altcoins as money makers by trading, or they use altcoins as a tool to enjoy the services that the platform provides.
This is a lot of fun and very useful data for anyone who wants to know the point of interest of the crypto community
harapan
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October 01, 2020, 07:06:35 PM
 #750

altcoins can experience price increase faster than bitcoin and altcoins can die suddenly (new altcoins) and for that many people take advantage of this kind of situation to take advantage, maybe that's why everyone prefers to do daily trading on altcoins

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Gaston Cavalier
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October 02, 2020, 03:36:14 AM
 #751

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.
daily trading is not as easy as you imagine, there are many considerations and analyzes that you should do. in the current market conditions it is very difficult to do it, without it all I am sure you will be stuck.

i concur. the volume for a lot of alts is just not as great as forex. you can get stuck for weeks while it does a slow dance.
Lerikaweb
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October 02, 2020, 05:05:50 AM
 #752

I see that people support that altcoin suits better for day trading, and not for holding. I just don't get why.



People say so because alts are thought to have a greater volatility. I wonder what they say on the days when Athur the Liquidator drops bitcoin from 9k to 3,5k on Bitmex)).

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October 02, 2020, 02:37:55 PM
 #753

I disagree with the view that all altcoins are suitable for day trading. To exemplify, I don’t use coins such as waves, ripple, and bnb, which I bought 2 years ago, for daily trading. Also, I don’t plan to sell bnb until it rises in value to $ 50.  Grin

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kavabanga07
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October 05, 2020, 06:21:42 PM
 #754

Something strange is happening, dk how to trade that flat... expected downside move, but it's flat again and again, litecoin price made the fake breakup and returned down again..
or is it because I have shit lines?
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