mirror001 (OP)
|
|
June 19, 2018, 03:52:42 PM |
|
I have been doing some research about which one of the crypto is easy to trade without any complications, But found almost some of the given easy but some are very confusing and difficult to trade. :-(
Which crypto do you guys think is difficult to trade and why?
Please explain with reason?
|
|
|
|
DamCryp
|
|
June 19, 2018, 05:26:20 PM |
|
I'd go with the King, BTC, it's dangerous, but the liquidity and some clear TA signs allow you to take controlled risks at certain leverages that can yield a couple of hundred bucks every day. Bitmex is what I personally use... I started small 'till I felt comfortable with 100x with small capital
|
|
|
|
hsyncl
|
|
June 19, 2018, 05:28:58 PM |
|
I think it makes more sense to trade with ETH in this period. Perhaps I think so because I'm interested in bounty promotions all the time, but I think that ETH is currently at a low price and that the current trade is more of a prospect.
|
|
|
|
johnokeefe09
Newbie
Offline
Activity: 112
Merit: 0
|
|
June 19, 2018, 06:26:40 PM |
|
I am agreed with @DamCryp. In current time it is really being hard to deal with BTC. So many FUDs are flying in the air that are impacting more in traders psychology. And thus I believe trading with BTC is getting hard in recent time.
|
|
|
|
boyptc
|
|
June 19, 2018, 11:11:45 PM |
|
Bitcoin trading has been dominating the market but if I'll choose I'll go with ethereum for day to day trading. Which crypto do you guys think is difficult to trade and why?
It's not on the choice, those low capped coins are the most difficult coins to trade. Those coins on the list are easy to trade on exchanges.
|
|
|
|
EVER-TOKEN
Copper Member
Newbie
Offline
Activity: 42
Merit: 0
|
|
June 19, 2018, 11:43:15 PM |
|
I think the best is BTC because almost all coins/tokens have BTC conversion pair. I use Dogecoin for lower tokens with this pair on exchanges that support it because I can buy cheaper with doge and sell high for BTC.
|
|
|
|
rangnatht
|
|
June 20, 2018, 01:15:08 AM |
|
Noone can say which crypto is best for trade. You have to have research by yourself before investing. You have to have find out who is behind the project and what is the importanta role of project. Is project is real or just written on paper. That kind of thing you need to find out before trade or investing in crypto. For me Bitcoin is the best invest all the time. Because Bitcoin is the king of crypto.
|
|
|
|
upekhaanthony
Member
Offline
Activity: 238
Merit: 10
|
|
June 20, 2018, 07:52:55 AM |
|
I think it depends on the situation. When I am going trading (short-term trading), I select a trading pair that has high volume in exchange. Because high volume means the high amount of transaction per time. Thank makes price changes in quickly than the low volume pair. My most prefered pair are USDT with other coin and BTC with other coin.
|
|
|
|
neo444
|
|
June 20, 2018, 11:21:55 AM |
|
Bitcoin still better to trade because his price is high and when you trade by it you can make much profit than other cryptocurrency but you must know when you buy and sell bitcoin
|
|
|
|
gawer33
Jr. Member
Offline
Activity: 309
Merit: 5
|
|
June 20, 2018, 03:25:53 PM |
|
Hello newbie here! I want to know if scalping between BTC-USDT is a good and safe technique? I have a low capital (100$) on binance.
using USDT as based is easier compared to other pairs because the base currency is not affected by any volatility technical analysis is more accurate. usually, if your trading with pair BTC its not only the coin you need to analyze, you need also to check BTC price movements
|
STOP eating Oreo save the orangutans https://www.orangutan.org.au/about-orangutans/orangutan-threats/
|
|
|
DrMill
Jr. Member
Offline
Activity: 104
Merit: 1
|
|
June 20, 2018, 03:35:41 PM |
|
I prefer new generation blockchain cryptocurrency like ADA, NEO... I'm not sure, but I think those presents better opportunity to trade and to hold as well.
|
https://www.skyfchain.io/ SKYFchain is the first blockchain based Business-to-Robots (B2R) Operating Platform
|
|
|
Nichao
Newbie
Offline
Activity: 99
Merit: 0
|
|
June 20, 2018, 08:42:40 PM |
|
I trade BTC and some shitcoins - there are often some opportunities to earn x2-x3 on such coins, so a try to use them
|
|
|
|
kofibee12
Newbie
Offline
Activity: 133
Merit: 0
|
|
June 20, 2018, 11:26:16 PM |
|
A cryptocurrency that has more volume is more desirable to trade due to liquidity reason. A cryptocurrency like bitcoin and ether has more volume that a small change in price can be used to trade
|
|
|
|
adamahmet121
Newbie
Offline
Activity: 3
Merit: 0
|
|
June 20, 2018, 11:28:05 PM |
|
I trade BTC and some shitcoins - there are often some opportunities to earn x2-x3 on such coins, so a try to use them
These opportunities might be a nightmare for newbies. It is easy to lose your money on these shitcoins where volatility extremely high.
|
|
|
|
Dudeperfect
|
|
June 21, 2018, 03:35:56 AM |
|
To be honest, any crypto having a good amount of volume is a better option to trade. However, the result always depends on the ability of the trader and his strategies of trading. I don't see any reason for the fluctuation in the amount of profit with the mere change in the crypto pair having the same price fluctuation. As we all know that, higher volatility means high chances of making a profit, on the other hand, the probability of loss is high too.
|
|
|
|
SuiMikira
Member
Offline
Activity: 364
Merit: 10
|
|
June 21, 2018, 03:49:46 AM |
|
It's not about your choice which one to trade. It's about your strategy, your knowledge. You should choose coins which have high volume to trade because they have high liquidity and your orders are easy to be matched.
|
|
|
|
huhhuh18
Jr. Member
Offline
Activity: 250
Merit: 2
|
|
June 21, 2018, 05:45:56 AM |
|
I'll goin for Bitcoin. Bitcoin controls the maket and so it'd be better to trade BTC directly.
|
veil ///// PRIVACY WITHOUT COMPROMISE. ///// https://veil-project.com/
|
|
|
AutoBlockX
Newbie
Offline
Activity: 88
Merit: 0
|
|
June 21, 2018, 09:53:19 AM |
|
There are now a total of 1,519 cryptocurrencies listed on CoinMarketCap, and Bitcoin’s dominance has fallen to below 40 percent from more than 90 percent a couple of years ago.
Had you invested $1,000 in Bitcoin in 2017, investing just $100 for each of the top 10 altcoins and holding onto them for a year, the gains on your altcoin basket would have doubled. Its safe to say that Bitcoin is the best coin to trade in. Always investigate the historical trends and expert reviews of the altcoin before buying. This is especially critical for coins that do not have tons of followers or where useful information is hard to come by.
|
|
|
|
TalkBitcoinsCom
Newbie
Offline
Activity: 94
Merit: 0
|
|
June 21, 2018, 09:59:47 AM |
|
Bitcoin is best, it has the best chance of going up significantly, and being around in the long long term. The others could have falling outs like mainnet launch problems (lately we've seen this happening) or with ICO's not completing projects.
+1 vote for BTC
|
|
|
|
hopie1625
Newbie
Offline
Activity: 8
Merit: 0
|
|
June 21, 2018, 10:59:09 AM |
|
I'll go for BTC because it is the most established crypto today. Also, a lot of services and establishments are accepting BTC as method of payment. Also, when it comes to trading, it has a lot of exposure nowadays especially in social media and have a higher chance of price increase. Also, another important thing for BTC is it has a lot of momentum.
|
|
|
|
|