Scrap Trading

[disconnectme]

It is difficult to make money in a bear market and having look into how to make some profit in this market condition I believe scrap trading could work.

When you are doing scrap trading it is important to stay on top of market news, price changes, and other events that may affect prices of these tokens. It is also important to keep up on the latest tips and information that can help one make more money in a quick fashion like Exchange listings, Mainnet release, Partnership, Hacking etc.
  
Note: This is just for educational purpose, do your own research

[ashmodeus]

It is difficult to make money in a bear market and having look into how to make some profit in this market condition I believe scrap trading could work.

When you are doing scrap trading it is important to stay on top of market news, price changes, and other events that may affect prices of these tokens. It is also important to keep up on the latest tips and information that can help one make more money in a quick fashion like Exchange listings, Mainnet release, Partnership, Hacking etc.
  
Note: This is just for educational purpose, do your own research

sometimes yes.
i remember when DENT listing on binance
the price growly quickly , but just a few days .
after it , its back to normal.
but i got some penny from it.

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Stellar
Buying range zone: 2900-3000
Selling Range: 3000-3300
Stop loss: 2700

[Supercrypt]

i remember when DENT listing on binance
the price growly quickly , but just a few days .
after it , its back to normal.
but i got some penny from it.

That is even more like short term swing trade and I am sure the OP is referring to Scalping and not Scrap which are totally two different things entirely with the latter not related to anything in the form of trading. The good thing about trading is that you are taking advantage of the short term movement or sometimes even the long term movement as the case may be, or based on your strategy.

In the case of DENT you have mentioned, sure, news can really be a great advantage, but at the same time, fundamentals are not really functional in some cases when it comes to crypto as some whales just use such news anyway to instigate market movement for their own gain.

[Aniadec]

It is difficult to make money in a bear market and having look into how to make some profit in this market condition I believe scrap trading could work.

When you are doing scrap trading it is important to stay on top of market news, price changes, and other events that may affect prices of these tokens. It is also important to keep up on the latest tips and information that can help one make more money in a quick fashion like Exchange listings, Mainnet release, Partnership, Hacking etc.
  
Note: This is just for educational purpose, do your own research

What time frame do you use for scrapping?

[WhaleTank]

Learn scrap trading from WhaleTank trade
and about swing too, but scraping alts is BS cuz they follow every BTC move, better scrap USDT pairs

[justspare]

When you are doing scrap trading it is important to stay on top of market news, price changes, and other events that may affect prices of these tokens. It is also important to keep up on the latest tips and information that can help one make more money in a quick fashion like Exchange listings, Mainnet release, Partnership, Hacking etc.

I am not very sure if you what you are referring to as scrap trading is scalp trading.

But the last time I checked, the only type of trading that I know is scalping which to me sounds like what you are referring to, so you may want to do more research on that and change it, unless there is something I do not know which I am sure even Google got confused when I was trying to search for scrap trading.

Nevertheless, irrespective of conditions of the market, you really do not want to be trading without any strategy or knowledge, and you also do not want to be starting your trading career scalping as that seems more like a very much experienced and professional angle to trading than someone who is just getting involved in the space.

[XinXan]

You mean ''scalping'' not scrap trading. For scalping you need a lot of money since the strategy is based on taking small profits. In the crypto market scalping can be really difficult and you can only do it with a few coins, they need to have a lot of volume to avoid slippage. You can do it but right now it's not the best way to trade. In fact the best way would be to short bitcoin yourself, it's fairly easy to profit when you are in a heavy downtrend just like it's easy to go long when you are in a bull market.

[disconnectme]

You mean ''scalping'' not scrap trading. For scalping you need a lot of money since the strategy is based on taking small profits. In the crypto market scalping can be really difficult and you can only do it with a few coins, they need to have a lot of volume to avoid slippage. You can do it but right now it's not the best way to trade. In fact the best way would be to short bitcoin yourself, it's fairly easy to profit when you are in a heavy downtrend just like it's easy to go long when you are in a bull market.

I understand what Scalp trading means. What I'm talking about here is scraping it is a term coined from the word Metal scraping and mostly based on fundamentals rather than technical analysis. Here the focus is on 5-20% gain and caa take more than a week to achieve this, unlike scalping where the profit percentage is around 1% and you compound them together to make it worth while.

[disconnectme]

0x

Buying range zone: 8100-8250
Selling Range: 8800- 9400
Potential Profit: 8% - 20%

Stop loss: 7300

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Stellar
Buying range zone: 2900-3000
Selling Range: 3000-3300
Stop loss: 2700

Target reached @ 3265 on Binance

Profit: 11%

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0x

Buying range zone: 8100-8250
Selling Range: 8800- 9400
Potential Profit: 8% - 20%

Stop loss: 7300

Target reached @ 9400 on Binance

Profit: up to 16% gain

[jeffthebaker]

You mean ''scalping'' not scrap trading. For scalping you need a lot of money since the strategy is based on taking small profits. In the crypto market scalping can be really difficult and you can only do it with a few coins, they need to have a lot of volume to avoid slippage. You can do it but right now it's not the best way to trade. In fact the best way would be to short bitcoin yourself, it's fairly easy to profit when you are in a heavy downtrend just like it's easy to go long when you are in a bull market.

I understand what Scalp trading means. What I'm talking about here is scraping it is a term coined from the word Metal scraping and mostly based on fundamentals rather than technical analysis. Here the focus is on 5-20% gain and caa take more than a week to achieve this, unlike scalping where the profit percentage is around 1% and you compound them together to make it worth while.

Do you Tether up in between trades? Making small gains here and there of course is undone in a bear market so long as BTC or ETH or whatever you base trades in will likely continue to decline in value.

[disconnectme]

You mean ''scalping'' not scrap trading. For scalping you need a lot of money since the strategy is based on taking small profits. In the crypto market scalping can be really difficult and you can only do it with a few coins, they need to have a lot of volume to avoid slippage. You can do it but right now it's not the best way to trade. In fact the best way would be to short bitcoin yourself, it's fairly easy to profit when you are in a heavy downtrend just like it's easy to go long when you are in a bull market.

I understand what Scalp trading means. What I'm talking about here is scraping it is a term coined from the word Metal scraping and mostly based on fundamentals rather than technical analysis. Here the focus is on 5-20% gain and caa take more than a week to achieve this, unlike scalping where the profit percentage is around 1% and you compound them together to make it worth while.

Do you Tether up in between trades? Making small gains here and there of course is undone in a bear market so long as BTC or ETH or whatever you base trades in will likely continue to decline in value.

What I do is to divide me profit into two halves, one  half in BTC and the other half in Tether . I always focus on 10% which I think is fair and attainable

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Bluzelle

Buying range zone: 1650-1720
Selling Range: 2000- 2200
Potential Profit: 10% - 21%

Stop loss: 1550

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ADA

Buying range zone: 1250-1350
Selling Range: 1500- 1600
Potential Profit: 10% - 23%

Stop loss: 1050