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Author Topic: Short term trading altcoin  (Read 224 times)
rajuahmed330 (OP)
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May 18, 2018, 06:02:10 PM
 #1

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

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wayaneka
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August 22, 2018, 03:45:56 AM
 #2

To get small profit from day trading you can chooce one of the coins in the 100 ranking, the problem now is when best times to buy and sell it. Now all coins bullish and bearish by the same periode, we have to learn more about price action of crypto and also important to make management of risk. Current situation of market is good times for doing short trade because all crypto just move around that price level.

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August 22, 2018, 04:23:30 AM
 #3

are you looking for a list of names to tell you which to buy? because if that is it then you won't get such answers.
but if you want to know which altcoin can be used in this method of trading you described then the answer is all of them specially those altcoins with smaller prices like 500 satoshi that you mentioned. basically you go around looking for an altcoin that was not pumped recently and then check out their charts. if you see any signs indicating a pump is coming on or is already on the way then you buy it. after that it is only a matter of setting your goal % profit based on that altcoins pumping power which can be from 5% to more than 100% in one day.

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Strufmbae
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August 22, 2018, 05:06:25 AM
 #4

I probably choose top 4 below bitcoin in the market, i would buy 500 sats when needed and trade if graphs indicate that i need to sell.  And if i already earn profit for about 50% of my investment then i'll keep the remaining and put another investment and make it roll.

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August 22, 2018, 07:07:23 AM
 #5

Perhaps the easiest way is to ride with the wave:

 - you can use [1] or [2] to check the list of Gainers.
 - Drag the cursor down and check for coins/tokens that started to rise.
 - Check the news if there is a logical reason for this rise.
 - Buy a certain number of that coin/token.
 - Observe the price and sell after getting the specified gain or if the price starts to fall.
 - Convert those profits into stablecoins "Tether or any decentralized one."

If you are lucky, some of these cryptos gained around 640.60% last week.

**It is a high-risk investment, so do not invest more than you can lose.

[1] https://coinmarketcap.com/gainers-losers/
[2] https://bitscreener.com/top-screeners/daily-gainers

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August 22, 2018, 08:30:18 AM
 #6

Before you choose a coin for short-term trading, you should look at market conditions first. Because if the market is down, it is certainly not recommended to start trading because it will be very difficult to get profits. My advice is to choose the top 3 coins under bitcoin. That's because usually coins under bitcoin have good developments and fluctuations, so it will be very profitable if used for short-term trading. Now some altcoin markets are green, so this is the right time to start.
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August 22, 2018, 12:04:56 PM
 #7

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
I'm thinking that those coins which are the most volatile from among others would be the best to trade with in terms of short investing. Because you can cut off your profit faster.
Manyak
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August 22, 2018, 12:33:25 PM
 #8

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
As I observe my cousin she want to trade shot term . she dont want to trade to a long term because it will be a bored tradeing .
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August 22, 2018, 01:36:51 PM
 #9

In short-term trading it doesn't matter what coin or market you are entering,
as long as it has a decent trading volume then it is good.
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August 22, 2018, 02:36:26 PM
 #10

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

If you think of an altcoin that is best for short term trading then you should try to pick atleash Ethereum since it is next to Bitcoin and will really make you a lot of gains in the future.
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August 22, 2018, 02:56:19 PM
 #11

In short-term trading it doesn't matter what coin or market you are entering,
as long as it has a decent trading volume then it is good.

I guess this depends on the definition of 'decent trading volume'..

ANY crypto can lose a big % within a few minutes.

It does matter a lot what coin you buy or when you are entering. Especially in short-term trading.
Decent volume alone is not enough to call an investment good or stable. The demand is a way more meaningful parameter than the trading volume.

With the current situation - where most alts are bleeding and declining in price each day - one should be very cautiously and confident regarding their altcoins invested in.
The low-quality projects will decline in short-term and never recover in long-term. While good projects will decline in short-term but eventually succeed in long-term surpassing their current value.


IMO, picking ANY coin as long as it has volume, is pure gambling.

leonix007
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August 22, 2018, 11:24:31 PM
 #12

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

I'm afraid no one could ever tell a coin that in half days you could get a profit

in todays market condition where blood is flowing you might even risk your money

Some people tend to learn TA's to spot some bullish coin, a slight pump, or by short margin tradings for them to make returns on this bear market
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August 22, 2018, 11:31:26 PM
 #13

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please


Day trading that's what you means(short trading) as of now we should know difficult to give tips about what is altcoins grow up for an hour of a day because the signal of altcoin is in red.

If you really do you want to make small profits in the day trade you need to focus monitoring the flow chart and choose altcons for the to 20's in the rows.

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August 22, 2018, 11:32:49 PM
 #14

In today's market day trading become more challenging even for professional traders with great amount of experience. Though, what I'd label as a good coin for short term investment are  Neo, DASH. Its useful to decide on yourself just by checking market prices etc on marketcoincap.
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August 23, 2018, 12:06:07 PM
 #15

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
You may go for anything as long as they are all profitable to you. Short or long term trading with either bitcoins and altcoins will be good if you are able to make some profits consistently.

Personally and over the years, I have always preferred the idea of long term trading than holding or short term trading. The fluctuations will always be there and all the corrections, so trying to take advantage of the long term possibilities of trading the fluctuations with trend changing is one thing I have always stuck to than holding. Holding is good and no one should get me wrong, but that should be when you do not have the trading knowledge.
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August 23, 2018, 02:30:43 PM
 #16

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
market conditions for now are very good for you to start trading, because all altcoins experience a very sharp decline and this is perfect for those of you who want to make a profit in the slightest difference from the purchase.
if you want to choose which altcoin you want to trade if you have a small capital in your trade you can choose a coin that has a small value, but if you have a large money capital you can more easily benefit from the altcoin that you hold later by using it coin prices fluctuate quickly.
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August 23, 2018, 02:35:20 PM
 #17

i dont get what you said, you say buy in 500 then get 550 in half day, So that mean 10%, and if that continues in 10 day u will get 100%, what do you meaning of small profit???
i think it not work, especially market bleeding now, i think 3-5% it already good for one week.
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August 23, 2018, 02:42:01 PM
 #18

short-term tradig has many risks but with a good analysis it can operate.
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August 23, 2018, 02:47:29 PM
 #19

Ether could be the best altcoin that can be used for short term trading. Ether has been highly volatile just like bitcoin from the past few months. Being a potential coin it might give you better returns than any other coins. It is at a very low price right now when compared to a few months ago and buying it at a such a low price will definitely give you bigger returns if you wait for a longer time.

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August 23, 2018, 03:30:25 PM
 #20

What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

It means you talking about the crypto coins which are too swingy in the nature. Such coins can give you nice profits if you play safe and have no greeds for the higher % as you stated with your post. I guess in the list I have TRX, XVG, XRP and these are three best and shitcoins which can give you those patterns so that you can earn quick bucks with the simple % hikes and downs over the short period of time.
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