Hi Friends!
I am still learning for cryptocurrency. I have some questions for trading as I do not have for own experience. Appreciated if you can share with me your story.
- Which exchange is more secure and best for trading? (pros and cons?)
- When you do for trading, did you put all your money at one exchange?
- Which indicators are best for trading? Accuracy come from 1 hour or 1 day chart?
- How do you make the decision to buy or sell the coin? Is it only bases on news or charts?
- Is there any safer way for having profit with swing trading?
- Which pair is best for trading(btc/usd)? Do you decide bases on volumes?
Thanks a lot!
Which exchange is more secure and best for trading? (pros and cons?)
Binance is the most secure. No hacks yet
Has it's own coin and a smooth platform with a good support.
When you do for trading, did you put all your money at one exchange?
Never. Have accounts on atleast 3 exchanges and split your money among them.
Which indicators are best for trading? Accuracy come from 1 hour or 1 day chart?
Depends on what type of analysis you are doing. I generally use the moving averages.
How do you make the decision to buy or sell the coin? Is it only bases on news or charts?
Most of the times based on news and the other times my intuition tells me to do it
Is there any safer way for having profit with swing trading?
Never done that.
Which pair is best for trading(btc/usd)? Do you decide bases on volumes?
Most of the times it's the BTC/USD pair but I do keep checking the altcoins and pair it with BTC to see if I am in a profit or loss.