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Author Topic: When to trade altcoins?  (Read 1849 times)
Rashid555
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October 25, 2018, 03:44:34 AM
 #121

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.

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October 25, 2018, 08:19:55 AM
 #122

that's good, I personally also trade altcoins rather than bitcoin paired fiat. because the movement of altcoin prices is faster and to trade daily is very good. the benefits that can be able to reach the desired target, as long as the trader is consistent. but to make a 30% profit per day is already very good.
Yes, it depends on each individual. I trade altcoins with bitcoin to increase my bitcoin stash when I see the altcoins doing strongly and in most cases to see this happen, bitcoin is usually in a small uptrend movement and nothing too serious, so in that case, there is always the chance for a good growth with altcoins.

Moreover, depending on the trend of bitcoin, I trade bitcoin against fiat. At the end of the day, the basic idea is to look at every trend in the market and take advantage of it, to increase my bitcoin stash for the future. As long as you are knowledgeable enough to handle yourself in a market, I see no reason why you should not take all the opportunity that is bestowed on you.

Only for long term holders, there are some specific time where they need to react but for traders and to trade altcoins, I believe all the times are good enough given that you must be choosing your trading pair after a long depth of research and analysis without that you cannot win in this highly war-like platform. Yes, here need to be very much confident on your actions so that you will win otherwise you will lose, as simple as "do or die".

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October 25, 2018, 08:20:07 AM
 #123

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!
You know trading is not a silly matter its related to lose or gain money so if you invest to altcoin then at first you need to do own analysis after that you have to know when altcoins trading will be profitable.
From my litte knowledge now it is the best time to trade in altscoin because all are too low now. So if you want to strat trading always you will try to buy at low value.
Thank You.
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October 25, 2018, 08:38:26 AM
 #124

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.
maybe when prices are rising it is the best time to make a sale when you have large assets. well, maybe time is a different problem for everyone who trades. because in crypto trading, it's done when you have a chance.

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October 25, 2018, 11:13:07 AM
 #125

Volatility is a common nature of every crypto coins. As the crypto market depends on bitcoin, then I think trading with Bitcoin is a good idea. But Honestly, Trading with altcoins is more profitable, especially for me! So, You can look into EOS, NPXS, XRP, ADA for trading. Good Luck.
Sure, but sometimes having an idea on how to time the movement of either bitcoin or altcoin market based on their trend, is one thing that we should always be able to do as traders and investors. Most of the time, all you just need is knowledge and some of the movements we get to see in the general market with bitcoin being the main basic factor.

For instance now, the altcoins have really bottomed enough and there are chances we will get to see those making moves to the upper side, but that still at the same time depends on what happens with bitcoin eventually in terms of break out, which I believe this is what most people are waiting for.
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October 25, 2018, 11:46:33 AM
 #126

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.
maybe when prices are rising it is the best time to make a sale when you have large assets. well, maybe time is a different problem for everyone who trades. because in crypto trading, it's done when you have a chance.
Time is very important when we are doing this business, placing entry and selling it with profits even in a little percentage are consider a successful trade, traders have its own interpretations both long term holders and short term traders have a system that they continue developing for their benefits, it's a must that you know when to work with your assets as chance sometimes comes without prior notice and if we failed to catch it up it will bring regrets to
our experience.

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October 26, 2018, 07:48:49 AM
 #127

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.
Well, that usually depends on the altcoin mostly as well as the time frame you trade on or your style of trading generally. Most times for day traders, they tend to look for short term swings and trade those little daily fluctuations which are something we get differently when it comes to midterm or long term traders.

Trading altcoins is always pretty fun most of the time, it is always to know what you are doing, have a strategy to  know when you want to be entering a market, where you want to be selling and where you are stopping loss, as these are the things that matters the most when it comes to trading, not when.
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October 26, 2018, 09:50:08 AM
 #128

there are lots of options for doing altcoin trading, but you need to pay attention and read the road map of each altcoin so that you don't rush to take steps, if you want to invest in the short term I think all altcoins are good, but if you want to trade for the long term pay attention to development they, I think next year is the right time to trade and this year it is not good to trade for the long term

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October 26, 2018, 10:51:08 AM
 #129

It's impossible guys. We're in range of 132$ for !10 fckng days on btcusd. Today s futures expiration and in a few days bitcoin will celebrate 10 years anniversary. Will we see at least a break of the range we are stuck in?
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October 27, 2018, 08:20:19 AM
 #130

I always trade my altcoins as long as it reach my desired price for my crypto. Or if i can get 30% profit from the moment i buy it in an exchange.
I wonder how well you manage on trading since the market volatility is unpredictable and is not so stable. Doing a day trading is tiring specially if you keep looking on the chart to see if you have reach the desired price or not. Though doing it on any exchange may seems to easy but takes a lot of patience to do it and i swear it's not that easy. I appreciate your temper on trading mate.
Experience and knowledge can be the only why which can help us understanding the market and to get profit from there, otherwise  it is right to say that market is always unpredictable and no one know in advance that what is going to happen in market.
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October 27, 2018, 04:30:09 PM
 #131

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!

You can trade any time using any tools at any exchanges you want, as long you know and understand what and how is trading?. Many people start trading only with dream with out knowledge. tools and fund, not enough preparation will create bankrupt person. See coinmarketcap list no 1 - 5 and start it from there, everything have risk and good luck to you.

Yes, sure. If you have your own strategy, you can trade every day. However, here, you should follow the rule: always deal with at least 10-20 altcoins to succeed.
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October 27, 2018, 05:07:04 PM
 #132

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.
when looking at the current unstable market for altcoin growth is needed. it is useful to be used as one of the best ways to stabilize beliefs for altcoin trade. because currently the altcoin trade is still limited to choosing a few coins that have the potential and to choose a new coin still cannot be used as the best option.

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October 27, 2018, 10:32:10 PM
 #133

Trade when price satisfies you, otherwise hold and hold until price will get better. I think that bull run will come in nearest time.

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October 27, 2018, 11:20:55 PM
 #134

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!
A lot of altcoins are pumping in CMC last week. I have gained a lot of money in trading on September because I am waiting the signals and buying at the right moment. You can look out at binance or kucoin, these exchanges pump coins agressively. You can choose the coin you want to buy, specially that you are the person who will risk.
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October 27, 2018, 11:26:16 PM
 #135

Trade when price satisfies you, otherwise hold and hold until price will get better. I think that bull run will come in nearest time.
Correct satisfaction always matter, but dont expect too much for the coins you have to avoid stress sometimes if the value of coins did not meet your expectation you will need to be satisfied even in small amount of profit because meaning you are lucky picking a good altcoin.

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October 28, 2018, 01:09:56 AM
 #136

I think this time we really need to hold our altcoin due to the huge dip that the crypto market now experiencing. The altcoin trading is quite different when the price is really low we cannot really gain on it because of the price. Price when trading is really important and we can maybe put a great basis on it. Maybe the best thing to do is to buy more and hold into altcoin price rise.
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October 30, 2018, 09:53:16 AM
 #137

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!
Altcoins are less volatile, but they all still depend on the price move of Bitcoin. Whenever Bitcoin is going up you will also see altcoins going and when Bitcoin starts to fall, same happens to altcoins. Take for example – ETH and BTC, when the price of BTC got pumped, ETH also went up from a very low price of $200+ to above $1k, but when Bitcoin fell to $6000+ it also fell and went down to $100+. That’s it.

But there are still good altcoins in the market, and I think Bitcoin is meant for those with so much money to invest and take the risk,. If you invest a little amount of money, it can disappear within few minutes.

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October 30, 2018, 12:31:23 PM
 #138

Trade it when you think it's time to trade based on the movement of prices. Don't trade based on what you feel because that might lead you to a bad result which you may regret later.

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October 31, 2018, 09:39:49 AM
 #139

The best time for altcoin is when you know that altcoin growth is expected so the buyers will be ready for altcoins and i know that altcoin market is good and we should do sell and buy at right time because no one knows that how future will be but still we should be aware of the market.
maybe when prices are rising it is the best time to make a sale when you have large assets. well, maybe time is a different problem for everyone who trades. because in crypto trading, it's done when you have a chance.
Time is very important when we are doing this business, placing entry and selling it with profits even in a little percentage are consider a successful trade, traders have its own interpretations both long term holders and short term traders have a system that they continue developing for their benefits, it's a must that you know when to work with your assets as chance sometimes comes without prior notice and if we failed to catch it up it will bring regrets to
our experience.
To me I think that the current time is still the best time for some altcoin to buy, for example ripple is currently trading too much low and if you will invest your money there in current time, I hope that it will surely give you a very good profit.
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October 31, 2018, 09:06:18 PM
 #140

The best time to make a kill is when bitcoin goes up,  Bitcoin increase have immediate effect on the price of Altcoin. Altcoin usually dump when bitcoin is increasing in price due to flippers!

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