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Author Topic: other exchange places, other than poloniex  (Read 676 times)
kerajaangosip (OP)
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June 15, 2018, 08:54:15 PM
 #1

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?
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June 15, 2018, 09:22:50 PM
 #2

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

Don't blame Poloniex about that. It's your fault. This is the first time I saw some request that preferred to used a low volume compare to big exchanges.

What coins are you trading? I will answer you directly on what exchanges you will trade with "low volume".

Goodluck anyways with the profit you will get at those exchanges. I want you to understand the difference so I will let you understand it by yourself so I will not explained some pointers as of now.

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June 15, 2018, 09:34:24 PM
 #3

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

Oh no! You're making a big mistake of wanting to do day trade when you do not have the tools you need. Knife like everyone who does not have time does: Buy bitcoin and keep it in a trustworthy wallet and good reputation for many years. this is the only way you can not lose your money and not have stress every day because the price has dropped. Now on exchange, well and you better use coinbase or even binance and not use poloniex, yobit, cryptopia and hitbtc because these exchange does not have a good quality service, these exchange can create great headaches, so do not use poloniex, Hitbtc and yobit and cryptopia

is there any exchange suggestion that the price movement is not too high like poloniex?

It was not the problem of poloniex, its you problem. but like I said, just use binance or coinbase

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June 15, 2018, 10:02:15 PM
 #4

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

Hahaha hey dude I suggest to you before entering to any kind of exchange site make sure you have knowledge in day trading because its so risky to enter in trading industry its your fault to losing your capital in poloniex, you can try to trade in some high volume trading site like binance, bitrex,kucoin etc.
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June 15, 2018, 10:18:12 PM
 #5

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?
Binance,Bittrex,mercatox these three might be best suited for beginners. Another thing if you see the site was good for you don't forget to ask us if it's legit that has no bugs and major issues just to be safe. There are tons of software to monitor each of your altcoin with ease and could monitor with the uptime of 10-50mins.
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June 15, 2018, 10:20:24 PM
 #6

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

Please do some research before trading any coin/token. If you are going to purchase then monitor price for at least one week and wait for the lower price. If you already bought then set a certain profit that you want to get from that investment and place order for selling at that price and forget about it for some days...
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June 15, 2018, 10:59:47 PM
 #7

As a newbie foucs on acquisition of knowledge first. I don't think poloniex is bad, it has the required volume to make the market liquid so you can buy and sell. The price of  a coin is similar in all exchange, why change exchange.

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June 16, 2018, 12:35:49 AM
 #8

All same crypto pair has the same price action in all exchange ,  and i think you not need move to others exchange. Now you have to increasing  knowledge and skill about trading strategy and management of money and risk.

Huy Mai
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June 16, 2018, 01:28:00 AM
 #9

If you know where to trade, you should learn more on this market.

Some suggestions for you
- Binance
- Bittrex
- Coinexchange
- Kukoin
- Okex
- ......
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June 16, 2018, 01:33:50 AM
 #10

for us you can trade binace, bittrex, and hitbtc, for us you will more easily generate a lot of good profits, and also many new coins are just emerging, so you will more easily make a good profit.
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June 16, 2018, 04:46:57 AM
 #11

The biggest exchanges will have the most liquidity which>the smallest spreads on the books>least price movement. Find the big boys, you got your smallest price movement action.

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July 18, 2018, 01:59:53 AM
 #12

Poloniex is not wrong but your trading strategy is wrong. Actually you can do trading activity although you spend only 2  hours aday, because to reduce the risk from wrong prediction you can use stop limit order and trailling stop function. Poloniex still good exchange for trading but they does not add new coin more, so to trade other potential coin, you should trade in others exchange like Binance, Okex, Bibox etc.

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July 18, 2018, 02:59:32 AM
 #13

Don't get into trading if you don't have time. Stay away from it and you will be fine. Keep going on with the good real life. Don't come back to this painful life
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July 18, 2018, 03:23:29 AM
 #14

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

Price movement depend supply and demand, no one can control it even Poloniex it self. I believe every exchange have transactions tools to create automatic stop loss and take profit, why you not set it at beginning?. If you can't monitor your activity you should change your method, from short/ medium term period become long term period, it will help you a lot. Never forget to set your stop loss & take profit before leave the market.

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July 28, 2018, 10:42:08 AM
 #15

In fact, it's not a fault of the exchange. Perhaps, you've just chosen the wrong trading strategy. Day trading requires spending a lot of time monitoring, analyzing and dealing with crypto. And because of the lack of necessary knowledge and experience you lost your capital. Try to switch from trading to holding. For that, you only need to obtain coins and also have a wallet to store them. If it's still not an option for you, try trading at exchanges with less coins and smaller market like cex https://cex.io/ for instance. But always keep in mind that cryptocurrency is something that fluctuates very fast and it's almost impossible to hedge against losses when trading it.
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July 28, 2018, 11:29:18 AM
 #16

I do not think it depends on the exchange you use, but the type of coin you choose. because if you choose the type of coin with a trade volume that is not too high then the price changes will also not happen so quickly.
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July 28, 2018, 02:05:06 PM
 #17

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

If poloniex has fast movement then the other exchanges will have the same movement as well. So it is not because poloniex when you lost your investment. It is because of yourself. You didn't ready with the fast fluctuation that crypto currency have.
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July 28, 2018, 02:53:53 PM
 #18

I have been using binance since day one and I wish I was involved more on their token sale as well. Binance has been doing everything perfectly, they have been attacked like no other and even with all that attacks and all that hack attempts they are still there and still going very strong.

I mean most of the exchanges after having this type of trouble usually closes shop and it causes the economy and crypto world to cripple in a bad manner for a long time yet it did not happen in binance. In recent times, after bittrex and its verification menace, I am sticking with binance and I am praying to God not for any such verification problems with it before I do find another such good exchange to switch over.
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July 28, 2018, 03:30:49 PM
 #19

Your loss is not about the exchange ,but the lack of knowledge in terms of trading. Don't enter in a door that you don't know what's you're going to do inside. I would like to suggest kucoin and binance  exchange,but then,try to gather more knowledge first so you won't loose huge money.

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July 28, 2018, 04:08:33 PM
 #20

hey I started yesterday tranding from poloniex and all my capital is gone there because I always lose. the price movement is very fast and I can not always monitor the market (I have a job).

is there any exchange suggestion that the price movement is not too high like poloniex?

There are more than a hundred different cryptocurrency exchanges to choose from, but the price still moves about the same relative to the same coin. It's just that if the exchange is large, it responds faster to price changes because it trades more people. Select a stock exchange trade is simpler and safer but on a small stock exchange. client.
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