Bitcoin Forum
April 28, 2024, 11:17:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 7 8 9 10 »  All
  Print  
Author Topic: When to trade altcoins?  (Read 1834 times)
rapsa2018
Member
**
Offline Offline

Activity: 504
Merit: 10


View Profile
October 20, 2018, 06:35:12 PM
 #81

Currently all mayor altcoin followed price action of Bitcoin, when Bitcoin crash or push, others altcoin also will do the samething with biggger volatility. In my opinion will be more profitable if we trade altcoin with stable coin than trade altcoin with Bitcoin. And on the crypto market right now  many exchange offer trading pair altcoin with stable coin.
Apart from Ethereum the prices of almost all Altcoin are very low and you may not be able to make profits from those coins. Therefore it is better for you to trade in Ethereum. Its price is good and if there is a bit increase in the price you may make good money from it, not guaranteed but possible. The best option is only bitcoin for best trading and making money.

Good advice but it's true i also pick ethereum and bitcoin as far as the price of this two coins not already rising up and also people waiting for a big pump for it.
1714303054
Hero Member
*
Offline Offline

Posts: 1714303054

View Profile Personal Message (Offline)

Ignore
1714303054
Reply with quote  #2

1714303054
Report to moderator
If you want to be a moderator, report many posts with accuracy. You will be noticed.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714303054
Hero Member
*
Offline Offline

Posts: 1714303054

View Profile Personal Message (Offline)

Ignore
1714303054
Reply with quote  #2

1714303054
Report to moderator
1714303054
Hero Member
*
Offline Offline

Posts: 1714303054

View Profile Personal Message (Offline)

Ignore
1714303054
Reply with quote  #2

1714303054
Report to moderator
1714303054
Hero Member
*
Offline Offline

Posts: 1714303054

View Profile Personal Message (Offline)

Ignore
1714303054
Reply with quote  #2

1714303054
Report to moderator
Cling18
Full Member
***
Offline Offline

Activity: 1708
Merit: 126


View Profile
October 20, 2018, 08:05:05 PM
 #82

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!


I belive that the decision depends on us but we should know that it is important to know when to buy and when to sell. Buying at low prices works well and selling when the prices are high is profitable. We should know when the demand is high. Dealing with the volatility of the market is an advantage.
yvesp110
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 501


View Profile
October 20, 2018, 08:23:44 PM
 #83

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Well obviously altcoin is more profitable when it comes to short trade because bitcoin now is less volatile and quite stable at $6000 to $7000. Recommended altcoins would be XRP due to its current rise and increased these past few weeks but it really depends on what you really want it is not on a coin to gain profit but your timing.
We should not ignore small points and occasions and you are absolutely right about this discussion but the thing is that we should act according to market conditions as we know that market instability make us to consider every single step with the passage of time. If you have altcoin then you will make profit in short term because it acts as short term coin, you can make profit if you buy right now because the value has decreased and you can get the benefit right now.
josephdd1
Hero Member
*****
Offline Offline

Activity: 1358
Merit: 513


View Profile
October 20, 2018, 10:06:18 PM
 #84

Personally, I would not trade Bitcoin for altcoin but its everyone's choice to make, not mine. And if I was to look into altcoin trading I'd probably go for XRP, or EOS because they seem to be highly ranked altcoins.
Panchum
Member
**
Offline Offline

Activity: 378
Merit: 55

Be Good to me!


View Profile
October 21, 2018, 01:56:38 AM
 #85

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

I think the best time to trade altcoin is when eth is increase in price so that you have a good incom.But for me as long as l have a profit even if it is a small amount l'll grab it because l need it for the needs of my kids.
iv4n
Legendary
*
Offline Offline

Activity: 3122
Merit: 1171



View Profile
October 21, 2018, 05:19:45 AM
 #86

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

I think the best time to trade altcoin is when eth is increase in price so that you have a good incom.But for me as long as l have a profit even if it is a small amount l'll grab it because l need it for the needs of my kids.

It`s always good to trade with alts, why exchanges are open 24/7? When price of ethereum rising so do all other prices, that`s good for holders, and all other crypto owners. You can trade with alts even now, Veritaseum is up for 30%, salt for over 15%, and some others, thats today, everyday some coin have some nice rise, after that always come drop when you need to buy again. You can trade with alts when ever you wish.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
aencarnaci
Sr. Member
****
Offline Offline

Activity: 448
Merit: 281


View Profile
October 21, 2018, 06:52:15 AM
 #87

Personally, I would not trade Bitcoin for altcoin but its everyone's choice to make, not mine. And if I was to look into altcoin trading I'd probably go for XRP, or EOS because they seem to be highly ranked altcoins.
Yes, I too do not think it is the right time to invest into altcoins by risking bitcoins.

Right now it doesn't matter if the bitcoin price goes up or goes down because whichever happens the price of altcoins are going down. Hence, there is really no reason to trade altcoins at this moment and there is no winning with them currently, maybe if you find some good coins that has a chance of making some profits but that's really hard to find and honestly very risky as well.

I would suggest sticking to investing into bitcoin right now, the more money you invest into bitcoin the more chance of making profits when the bull hits. Whenever the bull market hits we will have a chance to select on which coin to invest afterwards, you will know when the bull run arrives by checking the altcoin prices, right now when bitcoin goes up the altcoins go down but when the bull arrives when bitcoin goes up the altcoins will go up as well at which point you can start to invest into them as well.
hastag_80
Member
**
Offline Offline

Activity: 392
Merit: 11

The New Pharma-Centric Marketplace


View Profile
October 21, 2018, 07:29:08 AM
 #88

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

Doing trading only when the market price value are high,and follow the normal way of trading with your own abalysis procedure ,anyway thats your method are good,only the market now is bad,thats why everythings are not profitable at this moment  because of the consistinly drops down everything in blockchain market.

Trade Pharma Network     │  New Pharma-Centric Marketplace
[   PRIVATE SALE   ]      │      WHITEPAPER
Linkedin        ⚫ Facebook        ⚫ Twitter        ⚫ Telegram
cubicdissection
Member
**
Offline Offline

Activity: 231
Merit: 10


View Profile WWW
October 21, 2018, 07:37:24 AM
 #89

you can trade some good potential coins like eth/btc and eos/btc pairs,you can buy when price go down and sell when price up but its require experience skills and practice
Putunembah
Jr. Member
*
Offline Offline

Activity: 326
Merit: 1


View Profile
October 21, 2018, 08:52:16 AM
 #90

we can start altcoin trading whenever we want, the important thing is, we really understand in crypto trading, the current market price is very difficult to predict, so for example we want to try to learn to trade today, I suggest you don't use the first big capital, until you can really trade well, then you can add more capital again.

♣   ALIVE CASINO  ▶ ALIVEPLAYCASINO.COM   ♣

THE FIRST  ONLINE CASINO PLATFORM TO COMBINE

VIRTUAL REALITY WITH BLOCKCHAIN TECHNOLOGY[/cen
Jesabela04
Full Member
***
Offline Offline

Activity: 540
Merit: 100

BountyMarketCap


View Profile
October 21, 2018, 11:34:43 AM
 #91

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!


That would still be a good idea for you if that works well. Trade when it is profitable on your part. There are still lots of good coins to buy and hold in the market these days. We just have to choose which the best one is. We must be wise upon choosing because bitcoin is also profitable.
Yamifoud
Hero Member
*****
Offline Offline

Activity: 2730
Merit: 517


View Profile
October 21, 2018, 12:17:37 PM
 #92

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!


That would still be a good idea for you if that works well. Trade when it is profitable on your part. There are still lots of good coins to buy and hold in the market these days. We just have to choose which the best one is. We must be wise upon choosing because bitcoin is also profitable.
It is really profitable if you buy those coins at low price. Since we are in the dips, we gonna used this opportunity to buy more and hold for awhile.
Trades for this time isn't good enough and it won't give us huge profit even for expert traders. So never think of easy and quick returns cause it never just easy as you think.
Agapelove
Member
**
Offline Offline

Activity: 425
Merit: 10


View Profile
October 21, 2018, 02:51:32 PM
 #93

I think it is better to trade with altcoins during the bullish market. This period of the market would give better fluctuations with good few drops and a lot of gains. The tendency of the altcoins to move steadily.
gonzadz77
Newbie
*
Offline Offline

Activity: 82
Merit: 0


View Profile
October 22, 2018, 12:19:38 PM
 #94

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!


I belive that the decision depends on us but we should know that it is important to know when to buy and when to sell. Buying at low prices works well and selling when the prices are high is profitable. We should know when the demand is high. Dealing with the volatility of the market is an advantage.

You can trade with alt any times. Actually i my self use alt coins to trade. Alt coins increase sometimes i know the increasing rate isn't enough as compare to bitcoin but it have some fluctuate.
BabyBoss
Full Member
***
Offline Offline

Activity: 462
Merit: 100


View Profile
October 22, 2018, 12:29:56 PM
 #95

as you know almost all altcoins moves depend on bitcoin's price.when bitcoin price is stable, people start to buy altcoins.first of all, there is no "great" altcoins.if you want to make some money with daily trade you dont have to trust it's tech or team etc.
for catch the fomo you can check news of exchanges (new coins to list,competitons), following the roadmaps may help you as well.
the easiest way is buy at support, sell at resistance (i want to say once again btc's move is the main rule), also you can check rsi for oversold, moving averages and some other indicators if you want.

there are tons of videos to learn technical analyses, it really helps.

dont trust anyone especially fenomens on twitter.

first rule is dont lose your money so use stop-loss.

be patient

dont try to sell on top, dont try to buy on deep.realize your profit, dont be greedy.

if i act like you are beginner and you are not im sorry Smiley i wanted to tell all i know to help you and who read this.
Nice mate, I believe in this, this is very effective. Greediness is the key to lose all your assets and lose your money but patience is always the key to success.
Gregorian
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
October 22, 2018, 01:38:23 PM
 #96

Hi guys, I've built a web application, that tracks social-media activity ( telegram, reddit, bitcointalk, discord, ... ) of crypto-projects. It is supposed to help improve trading-decisions. The app is for free.

I would love to get some feedback on it, please let me know what you think, this is my personal mail: hayk.gregorian90@gmail

The App is called cryptorunup ( www.cryptorunup.com )

I would really appreciate it!!!
Caladonian
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 540


View Profile
October 22, 2018, 02:29:15 PM
 #97

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!


That would still be a good idea for you if that works well. Trade when it is profitable on your part. There are still lots of good coins to buy and hold in the market these days. We just have to choose which the best one is. We must be wise upon choosing because bitcoin is also profitable.
That's adds up complications choosing which is which when we are dealing with investment, bitcoin is one of the first options when you are aiming for long term success, while there's also some potentials alts who can bring much higher appraisal after the massive pumped happen, as we can see from this business there's always possibilities that things will be more positive for us if we do know what particular options that we will going to deal with, trade only when you have the skills or better to stay holding and wait.
carlisle1
Hero Member
*****
Offline Offline

Activity: 2744
Merit: 541

Campaign Management?"Hhampuz" is the Man


View Profile
October 22, 2018, 03:47:51 PM
 #98

Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
I dont wanna be blame since the market now are bleeding and daytrading is really not an option,thats why i am pushing cryptonians to practice hodling for their own benefits.because risking our precious and hard Earned money to make daytrade is a suicidal job for this bearish market
cryptorima
Jr. Member
*
Offline Offline

Activity: 278
Merit: 1


View Profile
October 22, 2018, 04:10:00 PM
 #99

I think bearish market and bullish market both are good for altcoins trading. But stable market is not good for altcoin trading. Cause in stable market we can't see any good dump or pump.But in red and green market we can see good fluctuations in altcoins price.
bohr
Sr. Member
****
Offline Offline

Activity: 994
Merit: 257


View Profile
October 22, 2018, 09:49:13 PM
 #100

for trading in altcoin you can enter the price when conditions are falling and it is better to buy when the bitcoin price falls because it is certain that the altcoin price will also fall when the price of bitcoin falls after that you can sell it when the price returns high, so far I only use the method it's for trading and can get profit every day because I buy not just one altcoin but buy some potential altcoins.
What is even mostly important is to understand what you are doing as a trader and have the solid knowledge when it comes to making a trade. Without that, no matter what, you cannot thrive. It is a very volatile market, and altcoins are pretty volatile, but as long as you can identify long term support levels, look out for reversal signals, and then not forgetting that stop loss is important as you know that bitcoin giving a negative vibe can affect the whole market pretty fast, then you will be fine but if you have no strategy, it would be hard.
This is very important many new traders have only some ideas about what to do when they begin to trade only to find out that things are very different, it is very easy to look at a graph and say I should have bought at this low point and sold at this other high point, but when you are live trading things are never that clear and if you have no knowledge about how to trade you are going to lose your money really fast.
Pages: « 1 2 3 4 [5] 6 7 8 9 10 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!