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Author Topic: Trading  (Read 756 times)
GoneRogue2018
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May 08, 2018, 01:19:54 PM
 #61

I agree with many in this forum. Don't trust what other say in these forums. They are a great place to explore and learn about cryptocurrencies, but what works for one may not work for you.

The day trading you are looking to do is very hard. If you are not experienced, you will lose your money. If it were me starting again with my new knowledge, I would place all my money in a stable coin. BTC or ETH might be good, except, we are not 100% that it will not fall back down. If you see that happening, and you invested, do not panic and sell your coin. If ETH and BTC fall, most of the other coins will too. Again, if they do, and your starting to take a loss, don't sell.

Once in on a stable top 100 coin, take a small percentage, like 5-15% and pick another coin that looks like a bigger gamble, but is gaining. Trade on that coin for practice. Record your trades, and at the end of each day or week, see if your making more money than if you left it in the stable coin. Always remember, you will not win everytime. Do not let it get you down when you lose on a trade. It emotionally impacts you more on your losses.

When you are confident you can beat BTC or ETH gains, or are taking less losses, then you are ready to go big!  Cool

Good luck.
lordmick
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May 08, 2018, 04:47:36 PM
 #62

I want to try trading some coins with $ 358.60 in capital by earning a profit per day, which coins should I choose and use?
I need your advice.
Earning profit every day is too hard. Especially with small amount of money. I think the best way in your situation is just to buy Bitcoin or ethereum and hold it during 1 year for example. During this time you can read and learn about trading and cryptocurrencies and improve your trading skills.
Rtalk
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May 08, 2018, 04:53:26 PM
 #63

f you do not know how to start trading - then you should not do it.No universal coins to trade.You have to choose based on your own strategy.There are both more and less liquid coins. Depends on you and your tactics.
upsidedown75
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May 08, 2018, 06:37:41 PM
 #64

As I read your question, I've got time to check few of your posts history and all I can say are you sure that you really asking this? You have background with crypto trading and I'm sure that you know how to choose a coin. But if you are longing to earn with daily profit you should focus to coins with the best volume and you seem to like ETH, focus with it. If the chart shows -1% to -10% that's the indication that you start buying and sell if you got almost 2%-10% profit.
If he sure really do have some trading history, then I am pretty sure he should not even be asking this question in the first place as no experienced trader will be asking of the coin to trade when they know they should have liquidity at the back of their head every time so as to be able to easily get out of the market without any stress or issue.

I really do hope he is ready to trade because in this volatile market, getting burned is the easiest thing to achieve for traders without knowledge.
MEMEX
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May 08, 2018, 07:08:04 PM
 #65

I think the ethhereum or BCH has a fairly high fluctuation, and almost all exchange markets provide it. So I think the global coin is more suitable for daily trading.
siap86
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May 08, 2018, 07:24:41 PM
 #66

Some cheap coins seem promising, sometimes they are in the pump and you can get out with a decent profit. But if you want to get a daily profit seems less suitable.
masterzino
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May 08, 2018, 07:33:50 PM
 #67

I want to try trading some coins with $ 358.60 in capital by earning a profit per day, which coins should I choose and use?
I need your advice.

If you want to trade the coins does not matter. You have to buy it cheap and sell more expensive it is that simple, but you have to cover the transaction fees, too. You are not holding so which is the coin is irrelevant.
But asking a question like that, I would suggest to stay away from trading for now.

jokowo
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May 08, 2018, 07:36:09 PM
 #68

The more famous a crypto the higher the daily transaction and the more volatile. Maybe bitcoin and ethereum are safest for daily trading.
Starla
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May 08, 2018, 07:42:17 PM
 #69

do your own research it's more convincing yourself search altcoin that move fast it is suitable for daily trading and earn profit every day
nl247
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May 10, 2018, 11:16:33 AM
 #70

How exactly events will develop and how much this or that crypt will cost, no one knows and can not know. Therefore, it is better to listen to your intuition.
Conscious reasoning is always important when it comes to trading as well and basing everything on intuition will only get you jeopardizing your position. If you do not have a great knowledge of the market or trading, the best is just to stay away considering how that over $300 can turn to just few dollars in the twinkle of an eye. It is easy to want to trade for profit, but in the real life sense, it is not as easy as some may think it but having great knowledge is just the easiest way out.
npfyieke
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May 10, 2018, 11:19:27 AM
 #71

Frequent transactions every day may make you lose money, because you pay the exchange fee for each transaction. It is suggested that you make a medium - and long-term investment and buy some mainstream coins, which will be less risky.
MikeyVeez
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May 10, 2018, 11:20:28 AM
 #72

I want to try trading some coins with $ 358.60 in capital by earning a profit per day, which coins should I choose and use?
I need your advice.
At first, you need to learn how to trade, it is very difficult, it takes a years to get skill to trade. Be careful, it is very hard!

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Pr.Victus
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May 10, 2018, 11:22:36 AM
 #73

If you are a good trader then you can try using coins with high volatility, for example waves or Cardano. If you are not a very skilled trader, then bitcoin and etherium will suit you.

Dimm_bounty13
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May 17, 2018, 10:11:07 PM
 #74

I want to try trading some coins with $ 358.60 in capital by earning a profit per day, which coins should I choose and use?
I need your advice.

It seems to me that you have little money for trading. It's not enough for a normal work and you will lose everything if you're mistaken. Trading requires at least $10 thousand and your complete confidence!

grifinmch
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May 17, 2018, 10:31:02 PM
 #75

Get profit per day is a tough trade for this time. all the coins rarely give rise every day. If serious about using this strategy then it will throw a lot of capital and opportunity. However, if the condition of the market always goes up green then coins have small values can usually provide profit to trade daily.
blockman
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May 17, 2018, 10:35:44 PM
 #76

Get profit per day is a tough trade for this time.
It's not easy to get a daily profit in trading. You have to be experienced and you need to have a good strategy.

The good strategy that I knew is focus with one coin that is very active on its stability that it can change from time to time. And upon buying that coin, check the market always so whenever it moved a little bit, you can sell it off and take profit.

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ranoby
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May 17, 2018, 10:37:22 PM
 #77

If you are new to trading then it is better to first create your trading strategy, and then test it on a demo account. To correct ... And start trading on a real account

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temilade200
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May 17, 2018, 10:40:25 PM
 #78

I will not mention a specific coin too trade with, but i will give you a general guide, so that you will not always ask for the coin to choose again, instead, you will choose good coins by yourself. If you want to choose a good coin, the most important factor that i consider is the use case of the coin. I also consider the news surrounding it.
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June 09, 2018, 07:48:10 AM
 #79

I want to try trading some coins with $ 358.60 in capital by earning a profit per day, which coins should I choose and use?
I need your advice.

In my view, you will not ask for advice on forums before every purchase or sale. Buy one or two coins for at least a month and develop your views on trade. And you can also try for yourself in long-term investments. Many of my friends lost money because few people were famous and tried to trade every day.
   
sircy
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June 09, 2018, 08:10:27 AM
 #80

with the capital wants to rapid results on a daily basis certainly investing with altcoin that has little value. but for now, expect the profit on a daily basis I think it will be difficult. the market is not predictable increase each day. better play it safe only in the long term and can get great results.

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