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Author Topic: what kind of trading will suit for me?  (Read 15646 times)
Findingnemo (OP)
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March 25, 2019, 06:45:01 AM
Last edit: March 29, 2019, 03:40:26 PM by Findingnemo
 #1

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

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March 25, 2019, 07:27:51 AM
Merited by jvdp (1)
 #2

Having a capital like this ($1k-$2k) is good to start in trading, well, it depends on you mate. If you are a full-time trader and the majority of you have a vacant time more than 20 hours per day then I must say go in day trading. This kind of trading is more profitable if you know how to play the market.

I know people are afraid to use trading tools(bot) but this strategy will sure make more profit. The decision is yours but I highly recommend you to use bot just like Gunbot. Contact this trusted user crwth he/she also guides you on how to use or visit https://gunbot.ph.

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March 25, 2019, 07:38:03 AM
 #3

1.Day trading or short term trading?

If you are looking for profits of 10-20% monthly then I guess short term trading suits you best. You can get that margin of profit monthly by short term trading.


2.Crypto to crypto or crypto to fiat trading?

Crypto to fiat is more suited for short term trading with the result of a 10-20% margin of income for you.

Findingnemo (OP)
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March 25, 2019, 07:56:14 AM
 #4

Having a capital like this ($1k-$2k) is good to start in trading, well, it depends on you mate. If you are a full-time trader and the majority of you have a vacant time more than 20 hours per day then I must say go in day trading. This kind of trading is more profitable if you know how to play the market.

I know people are afraid to use trading tools(bot) but this strategy will sure make more profit. The decision is yours but I highly recommend you to use bot just like Gunbot. Contact this trusted user crwth he/she also guides you on how to use or visit https://gunbot.ph.
I am not familiar with trading bots,so I don't want to try it for now.

I have lot of free time and almost I will be online for 16 hours via mobile and if needed my laptop I will use it as well.

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March 25, 2019, 08:12:16 AM
Merited by Tytanowy Janusz (1)
 #5

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.
I always see numbers like these and it makes me wonder:

Did anyone really manage to have a consistent 10-20% monthly profit (month after month)?

And I have serious doubts it is possible. To quickly elaborate:

10% monthly profit cumulatively means about 200% profit a year. You start with 1 BTC and at the end of the year you have 2 BTC
20% monthly profit cumulatively means about 800% profit a year. You start with 1 BTC and at the end of the year you have 8 BTC

These are huge returns that I think even the best traders in the world couldn't make.

Sure people claim they can do it, but somehow I doubt. I think you can make it once, two times, you can even be lucky to make it five or six times, but to have such huge returns on a consistent basis is impossible.

More realistically, you can have a consistent profit of 10-30% a year, but not that amount month after month long term.
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March 25, 2019, 08:23:01 AM
 #6

Trading is unpredictable, you cant make profit regularly every week or month as there is a risk of losing money during trading. Sometime you may even get hundreds percent profit but sometime you may earn nothing.
Regarding day trading or short term trading, it is your own choice which one do you prefer and about crypto-crypto or crypto-fiat I think combination of both types are better. You need to see which one that has a better possible profit. No need to stick on one type if you can do both.

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March 25, 2019, 08:25:15 AM
 #7

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
1. Since you are starting, give a try first on day trading and use exchanges without leverage and friendly user exchange.
2. Since you want monthly basis profits with 10-20%, you can use fiat trading. So, even the price of BTC dumps, you don't mind, you are in fiat pairs.

Advise for trading, please use risk management, always put your stop loss and control your emotion. Trading is very risky, but you can minimize your risk thru your emotion and with the help of risk management.

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March 25, 2019, 08:54:04 AM
 #8

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.
I always see numbers like these and it makes me wonder:

Did anyone really manage to have a consistent 10-20% monthly profit (month after month)?

And I have serious doubts it is possible. To quickly elaborate:

10% monthly profit cumulatively means about 200% profit a year. You start with 1 BTC and at the end of the year you have 2 BTC
20% monthly profit cumulatively means about 800% profit a year. You start with 1 BTC and at the end of the year you have 8 BTC

These are huge returns that I think even the best traders in the world couldn't make.

Sure people claim they can do it, but somehow I doubt. I think you can make it once, two times, you can even be lucky to make it five or six times, but to have such huge returns on a consistent basis is impossible.

More realistically, you can have a consistent profit of 10-30% a year, but not that amount month after month long term.

Yea. I agree with you. None is getting that profit constantly. If someone is claiming he's doing that he is lying or he is trading since 1 month and he was lucky enough to earn that much in single month.
From 1 btc in 5 years you will get 56 000 btc and 3 000 000 btc after 10 years. Why only 3 mil? After few years of experience you should increase profit if 20% is possible for newbie.
50% per year is quite good and is achievable constantly in crypto and 20% in stocks.
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March 25, 2019, 09:16:06 AM
 #9

I am looking for monthly basis profits with  10-20% profits for a cycle.
There is no guarantee that you can earn this much in a certain period of time. Trading cryptos is very unpredictable and it could give so much stress seeing your portfolio going down. IMO there are no expert traders here, just lucky to be on the right place on the right time. Make that $1k of yours as a tool for you to gain experience and felt what  it's like doing the trade. Experience is always the best teacher.

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March 25, 2019, 09:20:34 AM
 #10

First of all, before you invest or try to trade your money on any exchanges make sure you know what you are doing. And make sure you do have the right knowledge of trading because trading is not that easy especially if you are just a newbie on that field. You might end up losing or burning most of your money.

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March 25, 2019, 09:21:08 AM
 #11

Reading that you want 10-20% profit you should better do short term trading. It is more difficult in my opinion because you will need to spend more hours in front of your screen and read graphs than in a long term strategy.
Also, crypto to fiat of using a stablecoin will help you reach your profit goals easier.
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March 25, 2019, 09:25:04 AM
 #12

I think you can trade in the short term to get profits in a short time, because the market price has also started to green again.
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March 25, 2019, 09:28:19 AM
 #13

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


The basics question for you will be, do you have the skills to do trading?

If the answer is Yes, then:
You can do both day trading and short term trading, and you can choose what is fits for yourself.
The decision to choose crypto to crypto or crypto to fiat is depended on you, but I suggest to do crypto to fiat because you can increase your fiat and in the same time you can also increase your crypto amount.

If the answer is No, then:
You need to learn first before you start trading. Try to do weekly or short term trading to see how big your chance in making a profit. And if you are familiar or at least, you can make a profit in every time you trade, then you can try with day trading.

With that amount of money, you can do day trading and short term trading, but it's back to how good you know trading itself because no matter how big money you use if you don't have skills in trading, you cannot make a profit in monthly. That is good if you decide to make 10-20% profit and I think you can do it with day trading and short term trading.
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March 25, 2019, 09:55:51 AM
 #14

Yea. I agree with you. None is getting that profit constantly. If someone is claiming he's doing that he is lying or he is trading since 1 month and he was lucky enough to earn that much in single month.
From 1 btc in 5 years you will get 56 000 btc and 3 000 000 btc after 10 years. Why only 3 mil? After few years of experience you should increase profit if 20% is possible for newbie.
50% per year is quite good and is achievable constantly in crypto and 20% in stocks.
Yes, it would be an amazing profit in 5 years, not to mention 10. If it only were possible.

Newbies are usually attracted by these promises and want to get rich quickly, only to lose their entire capital after a while. Otherwise market makers and exchanges that trade against their customers wouldn't be so rich.
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March 25, 2019, 10:19:54 AM
 #15

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


you can start short term trading of anything that fluctuates. choose major coins, check daily news and use simplest technical analysis: trend, support&resistance
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March 25, 2019, 10:45:09 AM
 #16

Can't believe only a handful of the responses are calling 10% a month unrealistic. Anyone who's really done proper trading understands that double digit monthly profits are extremely good, extremely lucky, and tend to happen only during intense bull runs, where every and any buy is likely to be profitable in a month.

If the very best portfolios lost money in 2018, don't expect to outperform teams of experts and analysts and bots consistently.

Forget the advice otherwise, OP. Perhaps apply your time to learning first. Adjust your expectations. Keep that $1k in BTC meanwhile. You're more likely to make profit that way, while putting in the time to learn and educate yourself.

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March 25, 2019, 12:33:00 PM
 #17

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

If you have plenty of time to trade, go for day trading. You need more time not for trading long but to acquire a precise analyzation instead. Also, don't start up with huge capital if you haven't do trading with crypto already even if you have experience in fiat trading such as stock trading and foreign exchange.
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March 25, 2019, 12:58:24 PM
 #18

The price moves up and down and if you are a short-term investor you make a big mistake. You will not get a stable monthly income in this way. "Those who do not lose will not learn to trade."
I suggest you learn to invest in the long term and do not expect to achieve a steady monthly income, even if it is $ 100. The market is very volatile. "Either a great profit or a huge loss or a scared person will lose in the end."

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March 25, 2019, 01:22:19 PM
 #19

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


To be honest bro,  it doesn't matter what kind of trading you really want to do. What it matters is that how much you make profit and how much loss goes from your pocket.

I would suggest you to do short term trading before investing a big amount in a long term trading. From the small amount understand the market first,  see all the coins and their price ups and downs and then invest from your pocket.

In this way you can really make a huge profit and can easily bare losses if you face any in future.

Wish you good luck dude.

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March 25, 2019, 02:02:54 PM
 #20

I am sorry to break it to you pal but you will not be making that much money consistently. I mean of course you can do it once or twice and all that but you can't do it forever, if it was possible and people had a way of knowing how to do that all the time believe me there would be plenty of billionaires here.

The best course of action for you is to go out there and try all the methods that is given to you and than test out which one is better suited for you and see if you are happy with the results.

Sometimes you can test short term day trading on a bad day and lose money, sometimes you can test it on a great day and make money, don't let it make you feel like a good day will continue forever neither will the bad day, you will sometimes make money and sometimes lose money, nobody loses forever and nobody wins forever, its always ups and downs.
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March 25, 2019, 02:05:19 PM
 #21

The price moves up and down and if you are a short-term investor you make a big mistake. You will not get a stable monthly income in this way. "Those who do not lose will not learn to trade."
I suggest you learn to invest in the long term and do not expect to achieve a steady monthly income, even if it is $ 100. The market is very volatile. "Either a great profit or a huge loss or a scared person will lose in the end."
I had invested in long term already,just putting small amount of money into trading now yes it is just now learning phase once learned and familiar with money making from trades then I hope it is still possible.

Another option for me like trading on LBC and lot of traders making good amount of money there so you suggest me to do that?

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March 25, 2019, 05:33:30 PM
 #22

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.
I always see numbers like these and it makes me wonder:

Did anyone really manage to have a consistent 10-20% monthly profit (month after month)?

And I have serious doubts it is possible. To quickly elaborate:

10% monthly profit cumulatively means about 200% profit a year. You start with 1 BTC and at the end of the year you have 2 BTC
20% monthly profit cumulatively means about 800% profit a year. You start with 1 BTC and at the end of the year you have 8 BTC

These are huge returns that I think even the best traders in the world couldn't make.

Sure people claim they can do it, but somehow I doubt. I think you can make it once, two times, you can even be lucky to make it five or six times, but to have such huge returns on a consistent basis is impossible.

More realistically, you can have a consistent profit of 10-30% a year, but not that amount month after month long term.

Correct. He better take those number down. Assuming too much will just hurt you.
Better to get back to reality.
1-9% will be the ideal one.
Look at the crypto market now. There is not much movement.
Before you could do this even in daily trades but not now. The prices had been consistent and if there is movement it will just be cents if you are always converting to USD.

A better way will be to enlarge your capital in coins. Do not convert. Just trade until you have doubled the coins that you have and then sell them at a perfect time.
You might get that 10 percent or maybe more.
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March 25, 2019, 06:35:17 PM
 #23

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.
I always see numbers like these and it makes me wonder:

Did anyone really manage to have a consistent 10-20% monthly profit (month after month)?

And I have serious doubts it is possible. To quickly elaborate:

10% monthly profit cumulatively means about 200% profit a year. You start with 1 BTC and at the end of the year you have 2 BTC
20% monthly profit cumulatively means about 800% profit a year. You start with 1 BTC and at the end of the year you have 8 BTC

These are huge returns that I think even the best traders in the world couldn't make.

Sure people claim they can do it, but somehow I doubt. I think you can make it once, two times, you can even be lucky to make it five or six times, but to have such huge returns on a consistent basis is impossible.

More realistically, you can have a consistent profit of 10-30% a year, but not that amount month after month long term.

Correct. He better take those number down. Assuming too much will just hurt you.
Better to get back to reality.
1-9% will be the ideal one.
Look at the crypto market now. There is not much movement.
Before you could do this even in daily trades but not now. The prices had been consistent and if there is movement it will just be cents if you are always converting to USD.

A better way will be to enlarge your capital in coins. Do not convert. Just trade until you have doubled the coins that you have and then sell them at a perfect time.
You might get that 10 percent or maybe more.
Why people say it is impossible to make 10% in a months,the price of crypto currencies were atleast moving 3-4% even in this steady market so when someone can hit most of these price fluctuation on day trades then it is highly possible though.

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March 25, 2019, 06:54:28 PM
 #24

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Since you are just starting then $1000 would be sufficient enough or much better go even more lower capital since you are still on practice mode unless if you are
ready to risk that capital then it wont really be an issue.

If you are longing for 20% profits on monthly basis then its even achievable on swing trades but you can do short as well too depending on your preference as long you do
make money on both ways then it shouldnt matter. Crypto/Crypto will be good imho.

R


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March 25, 2019, 07:05:24 PM
 #25

Some people thrive better exchanging currencies quickly in day trading and some work better monitoring the market over a short period of time. You would have to try out both with small capital over a very short period to see which suits you best.
Firstly do you have any previous trading experience? If you are pressed financially cryptocurrency trading is not the best bet for quick cash.

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March 25, 2019, 07:22:42 PM
 #26

Some people thrive better exchanging currencies quickly in day trading and some work better monitoring the market over a short period of time. You would have to try out both with small capital over a very short period to see which suits you best.
Firstly do you have any previous trading experience? If you are pressed financially cryptocurrency trading is not the best bet for quick cash.
I completely agree with you regarding the attitude of many users of cryptocurrency to the cryptocurrency itself as the main source of income with the ability to earn big money. This possibility still persisted in 2016, yes, it is under certain actions. But today the situation has changed dramatically and many mistakenly hope for quick money. Today, you can quickly only lose all your money, and not earn. By now you need to have not only experience and knowledge, but also really good patience.
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March 25, 2019, 09:17:18 PM
 #27

I'd recommend you not to trade.
Or you need to understand that there is no easy money. You are crazy if you think that 10-20% percents per month is possible.
Stop living in a world of pixies and unicorns.
But if you are that desperate, it doesn't matter what do you trade and in which way. REALLY DOESN'T MATTER.
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March 25, 2019, 09:37:08 PM
 #28


Why people say it is impossible to make 10% in a months,the price of crypto currencies were atleast moving 3-4% even in this steady market so when someone can hit most of these price fluctuation on day trades then it is highly possible though.
Maybe because they tried it and it was always wrong to choose a cryptocurrency that would bring benefits to him, example lack of examining the condition of the coin product. I would say it's very possible to get 10% in a month, of course it requires effort. It is impossible to just put a bet and just keep looking at him.
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March 25, 2019, 10:05:14 PM
 #29

I am interested in making money with cryptos in short term as well ...

1.Day trading or short term trading?

For your desire to have a quick turn up, your number one question is what you have to adapt. Intraday trading gives more opportunity to go into market as many times your have signal to do so but this also means you have enough time in your hand to be able for monitoring.

However, sure desire you have is tempting because you either take higher risk that you can not bear to lose and also,you are likely to get frustrated when market delays.
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March 25, 2019, 11:13:41 PM
 #30

I am interested in making money with cryptos in short term as well ...

1.Day trading or short term trading?

For your desire to have a quick turn up, your number one question is what you have to adapt. Intraday trading gives more opportunity to go into market as many times your have signal to do so but this also means you have enough time in your hand to be able for monitoring.

However, sure desire you have is tempting because you either take higher risk that you can not bear to lose and also,you are likely to get frustrated when market delays.
This is big thing we should consider before engaging into trading "enough time". It is vital in trading life so that we can closely monitor price movement and to know when exactly to do selling as well as buying. Price fluctuations occurs at anytime and we shouldn't have to loss any single chances and to catch the best price in order to be profitable otherwise, will got nothing and no choice but to wait for another round.
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March 25, 2019, 11:34:26 PM
 #31


Why people say it is impossible to make 10% in a months,the price of crypto currencies were atleast moving 3-4% even in this steady market so when someone can hit most of these price fluctuation on day trades then it is highly possible though.
Maybe because they tried it and it was always wrong to choose a cryptocurrency that would bring benefits to him, example lack of examining the condition of the coin product. I would say it's very possible to get 10% in a month, of course it requires effort. It is impossible to just put a bet and just keep looking at him.
It is possible I think if OP knows how to manage it will in trading, OP says he has spare time a day of 16 hours to monitor the market but I know that is not enough to monitor the market. But in this case, it needs pure luck and perfect timing in choosing the right coin he going to trade. Just try it OP, it's better to have an actual than this.

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March 25, 2019, 11:48:44 PM
 #32

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Depends on your knowledge, if you think you can handle the stress of day trading then go for it but if not then go for long term trading. Both stocks and crypto is good but since you stay longer in this market then better to choose crypto trading, this is just my piece of advice.
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March 26, 2019, 12:14:11 AM
 #33

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Depends on your knowledge, if you think you can handle the stress of day trading then go for it but if not then go for long term trading. Both stocks and crypto is good but since you stay longer in this market then better to choose crypto trading, this is just my piece of advice.
Great advice, the only one who can answer this is you because you know what you can do and what you can't do. Its hard for us to suggest do day trading not knowing that you don't know much about trading. You have a good capital to start, try to put some of that money to your knowledge and you can use it to attend seminars that can help you improve your trading skills.
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March 26, 2019, 12:59:51 AM
 #34

In the present market situation, the profits you are expecting may or may not be possible every time. If you are a newbie then day-trading wouldn't be suitable for you. Anyway, you can go for short-term trading and it is also important to choose the right coins for your investment.

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March 26, 2019, 01:51:35 AM
 #35

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Depends on your knowledge, if you think you can handle the stress of day trading then go for it but if not then go for long term trading. Both stocks and crypto is good but since you stay longer in this market then better to choose crypto trading, this is just my piece of advice.
Great advice, the only one who can answer this is you because you know what you can do and what you can't do. Its hard for us to suggest do day trading not knowing that you don't know much about trading. You have a good capital to start, try to put some of that money to your knowledge and you can use it to attend seminars that can help you improve your trading skills.

10 to 20 percent a month is day trading can be a challenge since you're not sure if you're going to end the day in profit. Unless you get several days of good trades. Though it's really the experience that will make better in reading market conditions and movements so if you'e just starting to trade, take it all i  first. The losses, the gains, don't focus yet on the outcome of 10 to 20 percent since when you become an experienced trader, it'll come to you.


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March 26, 2019, 06:47:44 AM
 #36

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Depends on your knowledge, if you think you can handle the stress of day trading then go for it but if not then go for long term trading. Both stocks and crypto is good but since you stay longer in this market then better to choose crypto trading, this is just my piece of advice.
Great advice, the only one who can answer this is you because you know what you can do and what you can't do. Its hard for us to suggest do day trading not knowing that you don't know much about trading. You have a good capital to start, try to put some of that money to your knowledge and you can use it to attend seminars that can help you improve your trading skills.
I am capable of doing trades and as well the stress handler but which one to go for is my problem now and I already have choosen it will be day trading or very short term trading but now crypto to crypto or crypto to fiat need to be decided.

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March 26, 2019, 07:03:23 AM
 #37

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


Actually don't expect to earn such high profits all the time. If you mange to make 3-5% each month it's great.

Since i believe in cryptos i would advise to trade crypto to crypto. If the USD value rises strongly, u might miss some profits when trading instead of just holding.

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March 26, 2019, 07:29:45 AM
 #38

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

There is no much different from trading in crypto to crypto or fiat to crypto except you are trying to make a hedge funds trading!  I think like I do long time investing is far better than short time trading because of risk and how profitable a long-term trading can be.
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March 26, 2019, 08:50:15 AM
 #39

Having a capital like this ($1k-$2k) is good to start in trading, well, it depends on you mate. If you are a full-time trader and the majority of you have a vacant time more than 20 hours per day then I must say go in day trading. This kind of trading is more profitable if you know how to play the market.

I know people are afraid to use trading tools(bot) but this strategy will sure make more profit. The decision is yours but I highly recommend you to use bot just like Gunbot. Contact this trusted user crwth he/she also guides you on how to use or visit https://gunbot.ph.
I am not familiar with trading bots,so I don't want to try it for now.

I have lot of free time and almost I will be online for 16 hours via mobile and if needed my laptop I will use it as well.

I suggest you not to use trading bot. It is too risky actually, I had been here for several years but I never try it honestly speaking.
and for so many reviewed which I had heard about it most of them are negative feedback. So I recommend you to apply day trade dude, but starts with small capital in the meantime until you feel you know what to do properly when you are in the actual market as well.
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March 26, 2019, 09:29:14 AM
 #40

Great advice, the only one who can answer this is you because you know what you can do and what you can't do. Its hard for us to suggest do day trading not knowing that you don't know much about trading. You have a good capital to start, try to put some of that money to your knowledge and you can use it to attend seminars that can help you improve your trading skills.
I am capable of doing trades and as well the stress handler but which one to go for is my problem now and I already have choosen it will be day trading or very short term trading but now crypto to crypto or crypto to fiat need to be decided.
I may suggest you'll go for short term trading as the market is so volatile this days. As normal we don in trading buy and sell, this a way to take advantage of every fluctuations happening and it feels good when you'll chosen the right coin. Trading pairs may varies depending of is the highest.
Since you are capable to stay in trading for many hours, you can probably think more coins to trade 5-10 coins might be good enough but of course it also depends of your capital.
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March 26, 2019, 09:46:09 AM
 #41

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

analyze first the coin you want to trade before choosing a manner to be follow bro 'cause that's the most important. Dont just buy immediately and focus on one thing especially if it's just only your thoughts  .cause that is a big mistake  wherein always make sure that the coin is certain to trade and will suit also on your strategy. On number two questions well it depends in thw situation in my opinion.
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March 26, 2019, 09:51:21 AM
 #42

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I think you should trade short term. Because long-term trading will not bring you much profit. Business owners will not give you income every month: D
Now you should invest in crypto and invest in the coins of exchanges. Kucoin, Bilaxy, Huobi are gaining many loyal investors. This is also a new investment trend and it is very effective.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
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Findingnemo (OP)
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March 26, 2019, 10:12:27 AM
 #43

Great advice, the only one who can answer this is you because you know what you can do and what you can't do. Its hard for us to suggest do day trading not knowing that you don't know much about trading. You have a good capital to start, try to put some of that money to your knowledge and you can use it to attend seminars that can help you improve your trading skills.
I am capable of doing trades and as well the stress handler but which one to go for is my problem now and I already have choosen it will be day trading or very short term trading but now crypto to crypto or crypto to fiat need to be decided.
I may suggest you'll go for short term trading as the market is so volatile this days. As normal we don in trading buy and sell, this a way to take advantage of every fluctuations happening and it feels good when you'll chosen the right coin. Trading pairs may varies depending of is the highest.
Since you are capable to stay in trading for many hours, you can probably think more coins to trade 5-10 coins might be good enough but of course it also depends of your capital.
Thanks for some positive thought about my idea,I never thought it is impossible to make such profits because we can see the reality it is highly possible when we have the right capital and right trading pairs.

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March 26, 2019, 10:16:15 AM
 #44

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I think you should trade short term. Because long-term trading will not bring you much profit. Business owners will not give you income every month: D
Now you should invest in crypto and invest in the coins of exchanges. Kucoin, Bilaxy, Huobi are gaining many loyal investors. This is also a new investment trend and it is very effective.
Prices openly change every day and so long term trading might not good for us but if you choose Bitcoin, still worthy for long term hold and trading.
Trading in different exchanges is quite risk especially for new exchanges due to a lot of phishing site came out and to make it safe, we better to choose the most reliable one and trusted exchanges in the market.  



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March 26, 2019, 10:22:05 AM
 #45

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

$ 1,000 -2000 $ is a great budget. I think you should use that money to invest in Bitsdaq. it is exchange new and it is supported by Bittrex. is one of the largest exchanges at the moment.
You can go to retailers and they will sell you some tokens at a cheaper price when it is traded on the exchange.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
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March 26, 2019, 11:02:34 AM
 #46

I think crypto to crypto trading will be appropriate for you. Because cryptocurrency trading is currently possible to achieve much higher profits. The number of Cryptocurrency traders I've seen has been quite successful. So I will tell you to start trading Cryptocurrency. Cryptocurrency trading allows you to easily start with a small amount of capital. Cryptocurrency trading is not a difficult task. But before starting Cryptocurrency trading you must have a good idea about the Cryptocurrency market.

Thank you

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March 26, 2019, 11:08:37 AM
 #47

This is something you can find as a result of your experiences. So, after you learn how the strategies work, you can continue by trying them out. And you will see which one is more appropriate.
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March 26, 2019, 11:13:32 AM
 #48

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

If you want to earn 10-20% monthly then you should day trade that can give little profit per day or in a short time. If you want to earn 2% per 2-3 days then you can achieve your targets. So always try to buy in good entry for day Trading. Because if you buy a coin in over price in day trading then the price can take some times 4-5 days or more to recover. So you will be loss. So you should buy only in buy zone. Good luck.  

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mersal
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March 26, 2019, 12:00:03 PM
 #49

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

doing both short term and long term investment will be profitable and also I need to day trade every time for getting daily income and make your life more convenient and also the long term investment will give you profit in the right time so if you have money you need to put all your effort in different kinds of ways.
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March 26, 2019, 01:13:49 PM
 #50

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

a trader should ready to do all type of trading then only he can survive for long time if you are only do long term investment and trading you cannot survive here you need to do both quick and long term trading that is the proper way.
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March 26, 2019, 02:57:41 PM
 #51

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I will advice to you apply two form of trading, the long term form of trading which will serve as a backup for your investment incase you make losses through the day trading or short term and I will never advice you to do day trading because I personally dont like spending much time on trading but you can do the short term of trading while you set a price alert notification to your phone so we can seize the right opportunity of the market.

Hope you already know what to look in coins before investing.

.
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March 26, 2019, 03:24:38 PM
 #52

I am not familiar with trading bots,so I don't want to try it for now.

I have lot of free time and almost I will be online for 16 hours via mobile and if needed my laptop I will use it as well.

I saw many reviews in this forum about trading bots, but I don't see any good of those. So I don't recommend you to use this.

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

Day trading isn't that profitable as of now, the market is still not stable. I don't know about crypto to fiat trading. This is the first time I hear this.





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March 26, 2019, 04:43:26 PM
 #53

Trading bots work just fine if you're willing to put the time into configuring whatever bot you buy. The seller for a trading bot should point you towards some basic configurations and how your bot works. For example, there's a pretty big official wiki for Gunbot (click for link) that should help you learn how to use Gunbot. The detail of documentation varies depending on what bot you buy though, and you'll still need to do experimentation on your part to find what sort of configuration's best for you.
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March 26, 2019, 05:39:08 PM
 #54

With that amount, you should make some preparations about asset management first, i mean don't even you try to buy one tokens/coins at all cost.
Crypto to crypto was a better choice, today is likely the crypto-fiat pair didn't give any profit whether its short or long term.
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March 26, 2019, 06:00:03 PM
 #55

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

a trader should ready to do all type of trading then only he can survive for long time if you are only do long term investment and trading you cannot survive here you need to do both quick and long term trading that is the proper way.
In the present market $1000-$2000 is a good capital investment for trading needs. By now each and every coin in the top list with a low price less than $10 is good for trading. Surely there'll be some volatility and we cannot expect profit in the short term, at least we need to hold for some time period to experience the price growth from the buying to the selling.

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March 26, 2019, 06:15:06 PM
 #56

This is something you can find as a result of your experiences. So, after you learn how the strategies work, you can continue by trying them out. And you will see which one is more appropriate.
It is very important to have knowledge about trading because this way we can trade well, I think day trading needs lots of knowledge but long term trading is much better. As in trading there will not same time always rise or fall but it keeps changing so this is the reason why I always suggest traders to stay in touch with the market never leave at panic
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March 26, 2019, 07:21:55 PM
 #57

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.

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March 26, 2019, 08:07:36 PM
 #58

This is something you can find as a result of your experiences. So, after you learn how the strategies work, you can continue by trying them out. And you will see which one is more appropriate.
It is very important to have knowledge about trading because this way we can trade well, I think day trading needs lots of knowledge but long term trading is much better. As in trading there will not same time always rise or fall but it keeps changing so this is the reason why I always suggest traders to stay in touch with the market never leave at panic
In any case, daily trading requires not only a lot of time to monitor the cryptocurrency market, but also to have certain experience and knowledge. Of course, I will not say that knowledge is not needed for long-term trade, but nevertheless, if there is confidence in certain projects, then all the risks may be minimal.
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March 26, 2019, 08:54:49 PM
 #59

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.
Main reason why most newbies do experience big loss.They do directly think of or rushing things up on making big profits and thinking by means of having bigger capital.
Yes, it is true yet you can utilize big orders but profitability would always vary on how you do trade.It doesnt matter if you have small or big capital.

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March 26, 2019, 11:09:47 PM
 #60

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.
Main reason why most newbies do experience big loss.They do directly think of or rushing things up on making big profits and thinking by means of having bigger capital.
Yes, it is true yet you can utilize big orders but profitability would always vary on how you do trade.It doesnt matter if you have small or big capital.
A very well-planned strategy in trading will help us to earn the profit that we want and it is more like gambling where you have to accept some losses but never thought making a quick decision if ever you had lost. Patience is the key in everything may it be trading or gambling and most especially your plan.

3996
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March 26, 2019, 11:31:49 PM
Last edit: March 27, 2019, 05:16:29 AM by Sled
 #61

Main reason why most newbies do experience big loss.They do directly think of or rushing things up on making big profits and thinking by means of having bigger capital.
Yes, it is true yet you can utilize big orders but profitability would always vary on how you do trade.It doesnt matter if you have small or big capital.
A very well-planned strategy in trading will help us to earn the profit that we want and it is more like gambling where you have to accept some losses but never thought making a quick decision if ever you had lost. Patience is the key in everything may it be trading or gambling and most especially your plan.
Decision making will be hard if we really don't know of what we are doing and to have no basis. Cause in trading, If we got mistaken will certainly brought us into the wrong path and even losing our funds. That is why we should have to think it wisely and take time to analyze the market before having a conclusion of what we do. That's the only way to keep safe from losing in trading.
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March 26, 2019, 11:35:04 PM
 #62

You have a good capital to start for day trading and I think you must start learning now because day trading is too risky. Spend that money wisely, don’t put it into something that you don’t know. You can do long term or short term trading, just know what is best for you.

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March 27, 2019, 12:20:19 PM
Merited by Whosdaddy (2)
 #63

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
If you are not a full time worker or you want to make trading your major source of income, I will advise you go into day trading because you can start compounding from day trading to get the desires profit at the end of the month, and for the pair to trade, I can’t advise you on this one that much because I have only been trying crypto to crypto and never for once tried crypto to fiat but I learnt that those trading fiat makes more money.

The best way to know is either you learn the 2 pairs and practice with $100 each first, from there you can conclude and decide which one is best for you but please just be careful not to trade shitcoins or try scalping, spot trading is still the safest.

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March 27, 2019, 12:27:33 PM
 #64

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
If you are not a full time worker or you want to make trading your major source of income, I will advise you go into day trading because you can start compounding from day trading to get the desires profit at the end of the month, and for the pair to trade, I can’t advise you on this one that much because I have only been trying crypto to crypto and never for once tried crypto to fiat but I learnt that those trading fiat makes more money.

The best way to know is either you learn the 2 pairs and practice with $100 each first, from there you can conclude and decide which one is best for you but please just be careful not to trade shitcoins or try scalping, spot trading is still the safest.
I am on my long vacation so I definitely have time to trade more hours,yes from day trading we can actually make profits and then reinvest it to get the capital grower but I won't like to keep reinvesting I will take the profits in short term or I will lose capital if there is serious dump.

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March 27, 2019, 01:08:32 PM
 #65

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

a trader should ready to do all type of trading then only he can survive for long time if you are only do long term investment and trading you cannot survive here you need to do both quick and long term trading that is the proper way.
In the present market $1000-$2000 is a good capital investment for trading needs. By now each and every coin in the top list with a low price less than $10 is good for trading. Surely there'll be some volatility and we cannot expect profit in the short term, at least we need to hold for some time period to experience the price growth from the buying to the selling.
$1000 to $2000 is good for a beginner like him and should have some money reserve since failures and mistakes are expected. Knowledge about the market is the real capital here, not in any amount of money can buy a skill but the experience of being a trader. You can start lower than that and gradually increase as you longing in the market.

R


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traderethereum
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March 27, 2019, 01:37:43 PM
 #66

You have a good capital to start for day trading and I think you must start learning now because day trading is too risky. Spend that money wisely, don’t put it into something that you don’t know. You can do long term or short term trading, just know what is best for you.
That will be the only thing that he should have in these situations. Without learning to trade, it will impossible to make a profit or even to do day trading because it needs a lot of things to prepare before he decides to do day trading. He needs to have skills which will help him in predicting or analyzing the market so he can find the right coin. Maybe I will suggest doing a middle term because I see that he has this chance with so many altcoins that trying to increases.

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March 27, 2019, 01:39:59 PM
 #67

My opinion is if you are choosing A trading way a it will definitely based on your current situation if you don't want money for frequent income it will be definitely a long term investment but if you are a beginner now you definitely need frequent profit again and again so that type of people we always choose day trading and make quick income.

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March 27, 2019, 01:45:54 PM
 #68

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

daily trading will have a greater possibility of profit compared to short-term trading,

and regarding pairs in trading I prefer to trade between crypto and crypto compared to crypto pair to FIAT currencies

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March 27, 2019, 02:28:00 PM
 #69

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

daily trading will have a greater possibility of profit compared to short-term trading,

and regarding pairs in trading I prefer to trade between crypto and crypto compared to crypto pair to FIAT currencies
at this time trade for mid term very risky.maybe daily trading could give us more profit potency by take advantages from daily market range movement.and personally i am prefer to trade crypto to crypto, so i could accumulate my bitcoin amount.
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March 27, 2019, 02:30:04 PM
 #70

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.

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Findingnemo (OP)
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March 27, 2019, 04:04:05 PM
 #71

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.
Trying middle term trading is also good when we don't have much analytical knowledge so for me it sounds good.But from this method I don't think making more than 10% is possible.

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March 27, 2019, 04:27:48 PM
 #72

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

daily trading will have a greater possibility of profit compared to short-term trading,

and regarding pairs in trading I prefer to trade between crypto and crypto compared to crypto pair to FIAT currencies
at this time trade for mid term very risky.maybe daily trading could give us more profit potency by take advantages from daily market range movement.and personally i am prefer to trade crypto to crypto, so i could accumulate my bitcoin amount.
it's true because right now it's best to choose daily trading to get results even though the results you get aren't too big, so if you want to get a big profit it's better to invest in a fairly long term

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March 27, 2019, 04:38:44 PM
 #73

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.
Trying middle term trading is also good when we don't have much analytical knowledge so for me it sounds good.But from this method I don't think making more than 10% is possible.
to be able to benefit from the trading capital that you have, I suggest not to take too much profit and not too little, and the most important thing is when you trade, as much as possible don't be easily influenced by others.

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March 27, 2019, 04:44:14 PM
 #74

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.
Trying middle term trading is also good when we don't have much analytical knowledge so for me it sounds good.But from this method I don't think making more than 10% is possible.
to be able to benefit from the trading capital that you have, I suggest not to take too much profit and not too little, and the most important thing is when you trade, as much as possible don't be easily influenced by others.
Don't worry,I am not going to follow anyone.I want to be a trader so I will give all my effort to make it perfect,even if there are some losses initially I hope I will makeup for it soon.But not yet started to trade,still thinking about it.

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whaawh
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March 27, 2019, 06:27:31 PM
 #75

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.
Trying middle term trading is also good when we don't have much analytical knowledge so for me it sounds good.But from this method I don't think making more than 10% is possible.
in any case, I also got the impression that it is the medium-term trade perspective that can be the most profitable today in order to make a profit without much risk. The fact is that it should be urgent and the prospects may come after a year or more, and short-term, that is, with daily trading, the risks of losing your money without experience are very large.
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March 27, 2019, 06:49:28 PM
 #76

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


10-20% earn for month it is not difficult. I would choose coins and tokens with a small capitalization, these cryptocurrencies can grow by 30-50% or more in a month. Naturally, if you have more than $ 1000, then you should invest them not in one asset,but at least 2. Then you will definitely get your profit.
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March 27, 2019, 06:51:01 PM
 #77

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.
Main reason why most newbies do experience big loss.They do directly think of or rushing things up on making big profits and thinking by means of having bigger capital.
Yes, it is true yet you can utilize big orders but profitability would always vary on how you do trade.It doesnt matter if you have small or big capital.
A very well-planned strategy in trading will help us to earn the profit that we want and it is more like gambling where you have to accept some losses but never thought making a quick decision if ever you had lost. Patience is the key in everything may it be trading or gambling and most especially your plan.
For that means returning to yourself how to manage all the advantages and disadvantages by thinking well about how to anticipate it, I strongly agree that a trader must have good knowledge so he can make the right choices in different situations.

Back in the initial discussion, for capital it is very good where it must be able to rotate quickly and well, it all depends on your own ability to choose trade, because doing trade requires good time and thought and therefore very good time must be scheduled every day and do it consistently, because everything is not easy even though you have a target for example 10% - 20%, a fluctuating market is a problem for some people.
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March 27, 2019, 07:09:52 PM
 #78

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

You stated that if you are getting your desired profits then you'll do with huge capital but please don't be quick because it can affect you a lot negatively. Maybe with luck you did good trades with your small capital and from this, you will build confidence but not be super confident to move on full capital. There is a chance one fall will make you angry and past expetience of good trades push you to trade more and if you don't trade well, on long term you lose a lot of capital. Increase it slowly and slowly, add your trading profits to base capital if you want to move on another level.
Main reason why most newbies do experience big loss.They do directly think of or rushing things up on making big profits and thinking by means of having bigger capital.
Yes, it is true yet you can utilize big orders but profitability would always vary on how you do trade.It doesnt matter if you have small or big capital.
A very well-planned strategy in trading will help us to earn the profit that we want and it is more like gambling where you have to accept some losses but never thought making a quick decision if ever you had lost. Patience is the key in everything may it be trading or gambling and most especially your plan.
For that means returning to yourself how to manage all the advantages and disadvantages by thinking well about how to anticipate it, I strongly agree that a trader must have good knowledge so he can make the right choices in different situations.

Back in the initial discussion, for capital it is very good where it must be able to rotate quickly and well, it all depends on your own ability to choose trade, because doing trade requires good time and thought and therefore very good time must be scheduled every day and do it consistently, because everything is not easy even though you have a target for example 10% - 20%, a fluctuating market is a problem for some people.
Knowledge and skills can really be acquire or enhance through experience or engaging yourself into trades.So, mistakes on initial phase is just normal.
The thing here is that on how the trader will learn from all of those things and do apply it on its future trades.Your own trading style will vary if you are suited on short or swing trades
depending on how you deal with it and the time you can able to spent with it.

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March 27, 2019, 07:55:49 PM
 #79

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I think you should trade short term. Because long-term trading will not bring you much profit. Business owners will not give you income every month: D
Now you should invest in crypto and invest in the coins of exchanges. Kucoin, Bilaxy, Huobi are gaining many loyal investors. This is also a new investment trend and it is very effective.
It might be the trend now and be effective to you but it may and may not work for him, trading with exchanges coins is just like trading with so many other very good coins out there and talking an=bout an exchange that is more reliable to trade their coin, I think you should have mentioned Binance first, at least Binance is more secured, then we can talk about all these ones but above all, the best currency to still trade is Bitcoin which he can still trade on other reliable platforms too.

At least trading BTC gives him guarantee that his investment is safe and will not get dumped suddenly while trading.
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March 27, 2019, 10:05:33 PM
 #80

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
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March 28, 2019, 07:27:55 AM
 #81

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
If you are not a full time worker or you want to make trading your major source of income, I will advise you go into day trading because you can start compounding from day trading to get the desires profit at the end of the month, and for the pair to trade, I can’t advise you on this one that much because I have only been trying crypto to crypto and never for once tried crypto to fiat but I learnt that those trading fiat makes more money.

The best way to know is either you learn the 2 pairs and practice with $100 each first, from there you can conclude and decide which one is best for you but please just be careful not to trade shitcoins or try scalping, spot trading is still the safest.
I am on my long vacation so I definitely have time to trade more hours,yes from day trading we can actually make profits and then reinvest it to get the capital grower but I won't like to keep reinvesting I will take the profits in short term or I will lose capital if there is serious dump.
It is actually most of these shitcoins that will cause you a serious loss when dumped but any of these good coins such as Bitcoin, ETH will not just dump on you like that without notice, that is why it is very essential that you always make use of exchanges with stop loss functions so that you can always use stop loss for your trading.

The only challenge you might have trading bitcoin is that you may not really gain as much as you want per month on it except we experience major investment in it at the time of your trading but I can still guarantee you 10% at the end of the month which is okay for a start till you become very perfect to start trading any coin including shitcoins, I learnt shitcoins can give up to 1500% at once when pumped.
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March 28, 2019, 08:42:01 AM
 #82

I will suggest to trade middle term. Since you are nebiwe on trading platform you will not able to understand pump dump game. So there is chance to lose your fund. It would be better to make thread middle term so you don't need to think or analys too much. You can buy coins on dip and just wait for pump. Perhaps you will have to wait till 30 days or 45 days, sometimes more but it would be very easy to gain at least 10 to 30% monthly. This is what I am doing now. However it's just my opinion and you have to do your own diligence before you invest. Because this is your fund profits and lose both will be belongs to you.
Trying middle term trading is also good when we don't have much analytical knowledge so for me it sounds good.But from this method I don't think making more than 10% is possible.
in any case, I also got the impression that it is the medium-term trade perspective that can be the most profitable today in order to make a profit without much risk. The fact is that it should be urgent and the prospects may come after a year or more, and short-term, that is, with daily trading, the risks of losing your money without experience are very large.
My philosophy of trading is something different,you can't reach your goal in the safe path so you must need to take huge risk as well and it can change our life as well.

The amount of capital I am investing is completely okay to loss for me but what my aim is to make something big with it.

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lovesybitz
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March 28, 2019, 10:02:48 AM
 #83

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


You have a huge amount of capital in starting doing trade in the market pal. I don't know if having a huge capital in trading for a newbie is an advantage. I think its an advantage, as long as you are going to buy different potential coins, so that you have a several choices to trade in the market. Just like what everybody said here always were don't put eggs in one basket. And one of the beneficial to do it is day trading.
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March 28, 2019, 11:37:12 AM
 #84

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


You have a huge amount of capital in starting doing trade in the market pal. I don't know if having a huge capital in trading for a newbie is an advantage. I think its an advantage, as long as you are going to buy different potential coins, so that you have a several choices to trade in the market. Just like what everybody said here always were don't put eggs in one basket. And one of the beneficial to do it is day trading.
I am definitely not a newbie to crypto currency but somewhat new to day trading since I did long terms many times but my intention is to make short term profits so I picked up the day trading as my option but again I am not interested to many coins only two or three best pairs I will be looking for.

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March 28, 2019, 11:58:06 AM
 #85

I think doing different types of trading will be profitable because if you trust to only one method it will not be helpful in some situation so making your knowledge about different types of trading will helpful for you can you tell me the right idea to invest some good amount.

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March 28, 2019, 12:19:30 PM
 #86

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
and the most important thing is to make good trades and produce that promises you should often see which coins often experience price increases because they will get you good results

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March 28, 2019, 12:36:18 PM
 #87

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I think KCS and the IEO project on their exchange will bring great profit to you. Multivac is being sought by many investors and they will buy very quickly when KCS starts selling tokens. So this is a good time to invest $ 1000 into KCS or Multivac Token.

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March 28, 2019, 12:49:00 PM
 #88

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
and the most important thing is to make good trades and produce that promises you should often see which coins often experience price increases because they will get you good results
Without time you cant day trade, you need to have time everyday to sit by the computer, maybe in different times of the day, to be able to make profit on daily fluctuations. To newbies I suggest to skip that part for some time, start with investing in longterm trades, pick good coins, invest in them and wait for your profit. Repeat the same thing over again, advantage is that you dont need to be active everyday, check prices from day to day or weekly, and when you get in profit that will suit you just sell. With main coins I dont doubt in rise, do this with top coins, not with some low ranked coins.



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March 28, 2019, 12:56:20 PM
 #89

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
and the most important thing is to make good trades and produce that promises you should often see which coins often experience price increases because they will get you good results
Moving coins mostly brings good chances to gained profits, as you can practice buy low and sell high, just need to review and study how the past market
went, if you can review past weeks just to identified good positions to place your entry and what would be the best exit to get your profits, time really play a big role especially when dealing with day trading, it's just have to weight things around and be positive with your assessment.
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March 28, 2019, 01:53:09 PM
 #90

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.


right, day trading requires an awful lot of time to learn the market every day
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March 28, 2019, 02:09:31 PM
 #91

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
and the most important thing is to make good trades and produce that promises you should often see which coins often experience price increases because they will get you good results
when you only see coins in terms of price increases it may not be right because it can threaten your assets that will get you stuck in a very expensive price, you better buy when prices fall and sell coins that you have bought when prices rise.

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March 28, 2019, 03:23:44 PM
 #92

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

I think KCS and the IEO project on their exchange will bring great profit to you. Multivac is being sought by many investors and they will buy very quickly when KCS starts selling tokens. So this is a good time to invest $ 1000 into KCS or Multivac Token.
Not interested on investing in any crypto projects and I will never will here after,it is just like simply throwing our money into garbage bin. Smiley If you are really good at making profits in this way then you are really an expert man.

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March 28, 2019, 04:04:06 PM
 #93

All depends on what you as relate it to your time schedule on whether day will be convenient for you or night. On the other hand, since your profit motive if for a month short or long time will also depends on your decision. As for me am better off with day trade don't know which one will suit you though.
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March 28, 2019, 08:41:34 PM
 #94

All depends on what you as relate it to your time schedule on whether day will be convenient for you or night. On the other hand, since your profit motive if for a month short or long time will also depends on your decision. As for me am better off with day trade don't know which one will suit you though.
anyway, for an experienced trader, daily trading gives a good income, especially if the user of cryptocurrency is really very familiar with that project. To do this, you need to spend all your free time almost every day in order to control the pricing schedules for certain coins.
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March 29, 2019, 06:33:59 AM
 #95

I am definitely not a newbie to crypto currency but somewhat new to day trading since I did long terms many times but my intention is to make short term profits so I picked up the day trading as my option but again I am not interested to many coins only two or three best pairs I will be looking for.
The best coin that can still guarantee you profit at least on a daily basis provided you are picking profit at the right time and staying with your system almost 24/7 is still the top 2 listed on coin market cap which is BTC and ETH.

We still have other ones within the first 20 actually that will give you good profit such as BNB and Dash, those are the ones I do trade on a daily basis aside Bitcoin and Ethereum and honestly, they have been given me enough profit that I feel is okay for me, which is 3% to 5% profit, I could actually get more than this but I don’t want to take my chances since I have lost so many of my trade to greed.

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March 29, 2019, 07:00:03 AM
 #96

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
.

in general both scalping, day trading and any trading - all of it requires some time. if one wants to start trading and make profits it inevitably wil take time
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March 29, 2019, 08:52:40 AM
 #97

It depends on the time you are willing to spend on trading. If you have a lot of time then you can try day trading. I also think that this way of trading will help you to get more experience.
.

in general both scalping, day trading and any trading - all of it requires some time. if one wants to start trading and make profits it inevitably wil take time
indeed whatever you do requires time for the process because everything is not instant, so don't expect everything to be smooth, there must be obstacles and risks that must be brave to take on the challenge.
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March 29, 2019, 10:21:18 AM
 #98

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


Which amount you want start trading it's really good move. your goal is make some money end of the month. it's not risky then weekly or day trading. buy before you start you have to learn how to trade and how to face you losses. firstly start with some popular coin not 7/8 just start 2/3 coins/tokens. good luck for your goal... Smiley
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March 29, 2019, 10:35:42 AM
 #99

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


You have a good capital for trading, you could do what you think easily. Because if you can do the whole day working then day trading is best for you, because of you have good capital.
But if you wanna choose easy way then buy coins and hold them, and now in this time, Bitcoin will be suit you, because its price down and you could buy more than 1 bitcoin easily. So it will be best for you.









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March 29, 2019, 11:00:07 AM
 #100

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?


1. Day trading is short term trading. Day trading = buy and sell within a day
2. Crypto to crypto is less risky since all (or at least the major ones) tend to follow each other so far. When something is less risky it also means it holds less potential. Fiat to crypto is riskier IMO.

10-20% on a monthly basis is a very high target. I think no trader can hold this kind of profit on a long term basis.

However, if you trade fiat-crypto and crypto will experience a longtime bull run it might be possible.

I am not sure how experienced you are but it seems to me that you are a medium level. I would go for swing trading or trend trading with BTC and ETH on BitMEX. An alternative would be Binance to trade stablecoins-crypto.

Read more about crypto trading strategies on Cryptocointrade.
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March 29, 2019, 03:39:06 PM
 #101

Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

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March 31, 2019, 12:34:24 PM
 #102

Day trading is really make me spend alot of times and make my emotional can not be manage,  so now i prefer doing long term trading by trade only good coin.  Buy now and hold it for 2 or 3 month is can be promising higher profit than doing day trading and we can spend less times. 

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March 31, 2019, 01:20:04 PM
 #103

I am looking for monthly basis profits with  10-20% profits for a cycle.
There is no guarantee that you can earn this much in a certain period of time. Trading cryptos is very unpredictable and it could give so much stress seeing your portfolio going down. IMO there are no expert traders here, just lucky to be on the right place on the right time. Make that $1k of yours as a tool for you to gain experience and felt what  it's like doing the trade. Experience is always the best teacher.
OP edited the Thread and already decided to chooe Fiat tradings in local bitcoin so what we need here is to hear the updates of his Monthly profit,and since he posted in March 29 then the next update would be month from now

I believe what he choose is more safer and progressive in this kind of market,because the inconsistency ofhe market value brings cautious to the new investors like OP,unless he is willing for long term investing then the advies would be change also

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March 31, 2019, 01:54:18 PM
 #104

Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
That is a good idea, as long as you can get the level of trust from others so long as you can get various benefits from the services you have. This is a much more meaningful thing than being a Trader in general. You have the opportunity to improve your business and that is good for the future that you will achieve.
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March 31, 2019, 02:35:37 PM
 #105

You didn't tell us if you already have a job....like 9-5 kind of job.
If that is the case then daily trading may not be suitable for you because its time demanding and justling trading with your job can bring distraction.
Except otherwise,you are not doing any job ,then you can consider daily trading.. cryptocurrency to cryptocurrency trading.
All things being equal,you can make above 20% monthly.

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March 31, 2019, 04:12:09 PM
 #106

You have a good capital for trading, you could do what you think easily. Because if you can do the whole day working then day trading is best for you, because of you have good capital.
But if you wanna choose easy way then buy coins and hold them, and now in this time, Bitcoin will be suit you, because its price down and you could buy more than 1 bitcoin easily. So it will be best for you.
The capital he wishes to use is quite not a small one, so in order to minimize risk because the market cannot really be predicted, it will be best that he even split the fund and practice both of what you have said, virtually everyone knows that day trading is still best way to make quick money but it is not without its own risk too especially when being done by a newbie

So, it depends on how professional he is but to be on safer side, part of the funds should be used to buy more BTC like you said and the rest for probably trading since he is keen about a short term investment plan. So, I think he might opt in for trading.

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April 02, 2019, 03:29:56 AM
 #107

To do Long term trading is good decision because will spend less times and promising high profit, after all crypto dumped hard and will has potential to raise to the top price, so just doing long term trading and choose only good coin, and we should be keep patient waiting for the price to increase.

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April 02, 2019, 04:01:50 AM
 #108

So we will wait for the update in the next month?actually i am interested on what is the outcome because i am looking for another strategy to use aside from my long term holding that sometimes makes me feek desperate specially when i look and saw that continuously  falling value(but ofcourse i am still in trust for crypto,most specially the coins and tokens in my folio)

Will bookmark this thread and check from time to time to see updates because i see some cool things will happen soon here.
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April 02, 2019, 05:19:19 AM
 #109

Trading is still the same as what you saw right now and the past also nothing happening until now the price of all altcoins get back to normal and start to pump up again next time.
well, for me, it's still the same. I see trading like all, because it's just about buying and selling. besides, the type of trading for each person is different. it all depends on the type of person who trades.


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April 02, 2019, 05:32:42 AM
 #110


1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

Good decision. Doing that kind of trading is just fine for us who are new in cryptocurrency. Beginners like us can easily buy and sell crypto considering you have $1000-2000 capital. Have you considered huobi exchange for that crypto fiat trading? Or may i ask what exchange did you already use?
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April 02, 2019, 11:24:23 AM
 #111

You need to be able to competently use both of these strategies and this will be a better option to increase profits, since there are already convenient applications, notifications for quick response to price changes
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April 02, 2019, 01:18:22 PM
 #112

Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
That is a good idea, as long as you can get the level of trust from others so long as you can get various benefits from the services you have. This is a much more meaningful thing than being a Trader in general. You have the opportunity to improve your business and that is good for the future that you will achieve.
Since I am not having much trade history my ads didn't showing up much on the first page so for now it is only the reputation building stage hopefully by two weeks or so I will have enough trade volume to be considered as trusted trade for showing the ads up on first page.

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April 02, 2019, 02:56:36 PM
 #113

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

It depends how much time you can devote to trading. Normally day trading needs continuous approach to the market else you can skip many good setups. If you are targeting monthly return then it is good to go for short term trading instead of day trading. Short term trading stressless and have stronger setup as compared to lower time frame. Also trading crypto to fiat is better than crypto to crypto as per my personal opinion. Your decision of trading at localbitcoins is  good provided you have good number of BTC traders in your country, you can directly get payment in local currency into your bank account.

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April 02, 2019, 03:46:14 PM
 #114

Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
There are online trading communities for crypto traders no matter beginner or advanced level trading experience you have. By the way, Cex.io introduced their new CEX crypto to crypto trading platform and fees per trade are affordable. Demo accounts will motivate you to learn the basics of crypto trend trading but it will take time to cook your "balance".

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April 02, 2019, 03:50:11 PM
 #115

I think if you have enough money you can do day trading but be careful about day trading as it has instant profit or instant lose. But if you have want to short trading you can go with 2k$ because you can go here simple slowly and you can get time to make your decision. I think short trading is best in this volatile market.
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April 02, 2019, 05:39:50 PM
 #116

I think if you have enough money you can do day trading but be careful about day trading as it has instant profit or instant lose. But if you have want to short trading you can go with 2k$ because you can go here simple slowly and you can get time to make your decision. I think short trading is best in this volatile market.
I think the capital you recommend is too much, you can start trading with very little capital, for example using only $ 100 of capital can, for initial trading there is no need to use a lot of capital that will only give you a high risk of loss.

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April 03, 2019, 01:08:48 AM
 #117

The market has been showing good signs of reversal, as you have got huge amount of capital, so it wouldn't be a bad idea to invest a large amount in the present situation. As far as duration of period is concerned, you can decide it later, according to the market situation.

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April 03, 2019, 07:12:44 PM
 #118

Trading is still the same as what you saw right now and the past also nothing happening until now the price of all altcoins get back to normal and start to pump up again next time.
So if the market is same as it has been then I think long term trading suits everyone who are not sure by themselves that to do, as all around the market coins has been dumped since long only good and high potential coins will rise earlier than others, so it is good to trade with bitcoin and try to trade for long term only it is safe and it gives more profit than day trading, day trading needs lots of knowledge and experience.
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April 03, 2019, 07:45:02 PM
 #119

The market has been showing good signs of reversal, as you have got huge amount of capital, so it wouldn't be a bad idea to invest a large amount in the present situation. As far as duration of period is concerned, you can decide it later, according to the market situation.
Obviously I just want to hold the coins at the current situation since the prices are increasing for last few hours then it is not a good plan to sell for fiat and vice versa,just holding until see the next steady phase.

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DeathProxy
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April 04, 2019, 05:14:04 AM
 #120

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through

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April 04, 2019, 05:21:31 AM
 #121

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
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April 04, 2019, 07:08:03 AM
 #122

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
In bull market, day trading is very profitable.
The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
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April 04, 2019, 11:08:16 AM
 #123

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
In bull market, day trading is very profitable.
The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
Well yes indeed, if you bought the dip for most coin, like LTC for example. You already got 100% return, and if you plan to day trade. Buying the dips is the most important part.
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April 04, 2019, 12:20:20 PM
 #124

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
In bull market, day trading is very profitable.
The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
I think we should not think too early in the long term because the market has not had a reasonable recovery, all the recovery in the present time seems too sudden, this may be a trap for us, short-term trading and trading day will probably be more suitable for the situation right now. Each choice will bring different returns, and always comes with profit, which will be risks, so we need to know our abilities and skills are good for short-term trading or trading day, wrong choices can make us stuck

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April 05, 2019, 01:55:46 AM
 #125

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

If you want to make money day trade will suit for you to do it mate, but first you need to have a knowledge in it before anything else.
It may give a chance to give profit most of the time but it also wreck you too in just one wrong move, therefore you need to be sure if you are going to do this dude, good luck.
Gaff
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April 05, 2019, 02:25:22 AM
 #126

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
In bull market, day trading is very profitable.
The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.

I've holding coins which personally bought from trading site like etherdelta, and same as your expectations longer terms trading is one that I choose to have. Day trading is good when we see a good market as activity, but when there's no proper volume it takes with I think it's not good enough. Most long term traders succeed compared to those who haven't, so I highly recommend it to new comers who planned to have involvement on trading cryptocurrency.
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April 05, 2019, 03:42:23 AM
 #127

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

For me, I do both. Actually, in that order as well. First, when I get my coins from my other ventures such as campaigns or ICOs, I wait until it gets registered, and then, I trade it for one of the better altcoins around or Bitcoin. That way, I have more chances of trading or exchanging it for money in the future. Usually, I do that process because that's a more clear way of converting my coins into money. Also, if I would just try to gather up coins and hold it for years without any clear plan on how to encash it, then it would be a waste because the market keeps on changing day in and day out.
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April 05, 2019, 06:57:59 PM
 #128

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.
In bull market, day trading is very profitable.
The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
I think we should not think too early in the long term because the market has not had a reasonable recovery, all the recovery in the present time seems too sudden, this may be a trap for us, short-term trading and trading day will probably be more suitable for the situation right now. Each choice will bring different returns, and always comes with profit, which will be risks, so we need to know our abilities and skills are good for short-term trading or trading day, wrong choices can make us stuck
Exactly to get profit we will have to buy at dip and sell at high or trade at peak but until you get your profit zone, to me being new trader only long term trading suits me, it gives me more chances of earning and reduces the risk of lose for me, day trading is also great but it does not suit me as price is already not so high.
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April 06, 2019, 08:09:21 PM
 #129

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

If you want to make money day trade will suit for you to do it mate, but first you need to have a knowledge in it before anything else.
It may give a chance to give profit most of the time but it also wreck you too in just one wrong move, therefore you need to be sure if you are going to do this dude, good luck.
Day trading is really not easy as normal trading, you will have to struggle and work allot to become a day trader, according to me it is much better to trade for long term, because it will save you from lose and it will give more chances of earning, as now a day price is not very high so I think day trading does not suit anyone in current market so I suggest long term trading.
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April 06, 2019, 09:28:34 PM
 #130

I think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.

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April 09, 2019, 11:14:05 AM
 #131

A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it, for just a little time it will surely boost your money however joining in these kind of group needs a lot of consideration to have regarding of what we call scams or schemes that are there to bait beginners out. Day trade by far is the most easy way you can earn money but it doesn't guarantee you all of your trades will succeed.
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April 09, 2019, 12:27:15 PM
 #132

Depends to you,  $1000 up capital is nice and good for the starter. You can do shorterm if you think the coin that you are going to buy is only for shorterm because coins have different term other is for shorterm and longterm and other is the worst even you wait you will be worthless because it's not going to increase.  You can do research about the advatanges and disadvatanges of the two so you can decide according to your opinion and thinking.

 
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April 09, 2019, 02:27:40 PM
 #133

A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it

Are you not saying the same thing as a day trader can't be successful if it does not belong to a telegram group? And my answer is no because there are many independent and competent day traders that are making it by themselves. After all, the guys that are relied upon in the telegram are individuals too.

By exception, except the day trader is someone that has no confidence in him or herself.

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April 10, 2019, 04:50:10 PM
 #134

A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it

Are you not saying the same thing as a day trader can't be successful if it does not belong to a telegram group? And my answer is no because there are many independent and competent day traders that are making it by themselves. After all, the guys that are relied upon in the telegram are individuals too.

By exception, except the day trader is someone that has no confidence in him or herself.
You are right, his advice is why many people lose out in trading, it is actually not a bad idea to belong to a group and learn one or two things from there since no one is perfect, there might be an idea that would be thrown into such group that a trader can pick on to better its trading but not to completely rely on  a group for trading, it’s just more or less like waiting for signals from people who claims to be guru without doing ones analysis too to verify it.

So, we need to be absolutely independent and believe in ourselves and our strategy alone, provided we have gotten the necessary knowledge that needs to be acquired for the trade.
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April 11, 2019, 05:07:23 PM
 #135

A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it, for just a little time it will surely boost your money however joining in these kind of group needs a lot of consideration to have regarding of what we call scams or schemes that are there to bait beginners out. Day trade by far is the most easy way you can earn money but it doesn't guarantee you all of your trades will succeed.
Sorry I am not going to hear opinions from others about when I have to trade to make profits because I know they are not going to help me,they will use this as manipulation strategy.

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April 11, 2019, 05:25:05 PM
 #136

I think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.
it's true the problem is if we try it first we will never know what type of trade is suitable for you to use. the problem is if we have tried then we will also know the trade is good for us too
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April 13, 2019, 03:26:25 PM
 #137

I think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.
it's true the problem is if we try it first we will never know what type of trade is suitable for you to use. the problem is if we have tried then we will also know the trade is good for us too
But we can't try each and every method,if we trying unnecessary things then we may lose our capital amount for that I am not much intented.Just pick the best one and do it with perfection is my policy.

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April 13, 2019, 04:03:43 PM
 #138

It completely depends upon the experience you have towards trading because most of the people will look for short term trading, which they don't want to bother about the long term returns. For some people, they will hold the coin until their desired target is reached, so you have decided about it whether it should be short term or long term.
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April 13, 2019, 04:57:25 PM
 #139

First of all, before you invest or try to trade your money on any exchanges make sure you know what you are doing. And make sure you do have the right knowledge of trading because trading is not that easy especially if you are just a newbie on that field. You might end up losing or burning most of your money.
Absolutely it’s true that trading is not so easy and especially for the newbie. We need to invest that money which we can afford to lose. Cause we may get lot of profits as well as losses. So before make any investment you need to think about it hundred time.
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April 13, 2019, 05:49:52 PM
 #140

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through

If somebody has got experience or have basic flair as well about trading day trading if time permits can bring some extra money to them and help them in spending those extra money on their monthly budgets and will support them monetarily as well.
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April 13, 2019, 10:05:41 PM
 #141

A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it

Are you not saying the same thing as a day trader can't be successful if it does not belong to a telegram group? And my answer is no because there are many independent and competent day traders that are making it by themselves. After all, the guys that are relied upon in the telegram are individuals too.

By exception, except the day trader is someone that has no confidence in him or herself.
Those groups are just add up and nothing or completely to rely about yet im an active trader but i do trade independently.I do get some
resources when it comes to informations which can be used on my trading positions.These things arent really necessary for you to have yet
as a trader you can do anything independently with your own intellect and skills.

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April 14, 2019, 04:06:40 AM
 #142

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.

Day trading is OK when you have time for it. If you deal with this kind of a business, you must devote every day for trading. It means that you must not have another, permanent job.
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April 15, 2019, 07:51:21 AM
 #143

Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.

Day trading is OK when you have time for it. If you deal with this kind of a business, you must devote every day for trading. It means that you must not have another, permanent job.

You don't have to devote the whole day for it though. That' why we have sell/buy/stop orders available in exchange sites so that we can go well about our day. You just have to have a target both for a buy and a sell order. People with regular jobs can very well do it.

 
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April 16, 2019, 06:51:42 AM
 #144

You don't have to devote the whole day for it though. That' why we have sell/buy/stop orders available in exchange sites so that we can go well about our day. You just have to have a target both for a buy and a sell order. People with regular jobs can very well do it.
Aside this advice you have given which is a very good one that will also work, I think he can also still make use of bot services, there are very reliable that produces bot that can trade many times in a day and get him a very good profit, all he needs to do is just once in a while look at its function to be sure it’s still functioning and he doesn’t have to be setting trade manually.

I can understand that it is really not easy to go into trading with other jobs, one cannot just set trade too without using technical analysis and many people don’t even get the chance to study analysis which is why I advise bot is best for someone who is not a full time trader.
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April 16, 2019, 11:08:49 AM
 #145

For a small amount, you should practice day trading and I think it will be able to help your profits reach the goals you have set.
Every day you should invest and set a profit target of 2%. Please observe more carefully and place a stoploss order.

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April 16, 2019, 11:49:40 AM
 #146

Good start but the fact is fiat trading through LBC is relatively harder to realize any profit as the volume is leaders with big holders pushing low with same buy/sell spread, my advice is if you are not too found of cashing out in time, give a try in exchanges with strict fund controls, and pair with USD instead, you can get a major pictures of charts and volume with that

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April 16, 2019, 12:20:34 PM
 #147

10-20% per month is a huge profit and you are asking for something huge. To get such a huge profit, you should start with reading more books, start making small transactions to gain experience. 2 - 3 years later you will surely have a great experience to start trading and enjoy with that super quota profit. Smiley

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April 16, 2019, 02:12:36 PM
 #148

10-20% per month is a huge profit and you are asking for something huge. To get such a huge profit, you should start with reading more books, start making small transactions to gain experience. 2 - 3 years later you will surely have a great experience to start trading and enjoy with that super quota profit. Smiley
We can't perfectly reach that certain percentage profit if are just in trading and only having a small capital. If we are smart person we can make it and we don't need 2-3 years, reading books and etc..cause we can possibly make it if we are working on it. But as I said, nothing to assured that we will reach into 10% above profits maybe just ranging into 5-10%.

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April 16, 2019, 09:14:08 PM
 #149

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
That depends on what you have learned and we can not decide for you the type of trader you want to be.  It is good you understand that cryptocurrencies to Cryptocoins trading is far more profitable that Cryptocoins to fiat trading but you should understand that bitcoin to fiat trading is good for hangers and you should not invest if you have not decided the type of trade that is good for you.
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April 17, 2019, 07:57:44 AM
 #150

I think short term trading probably once or twice in a week will do the trick for you.
You can even earn above 10% weekly if you are committed and know exactly when to pull out of a trade and buy back.
I think doing both crypto to crypto/Fiat trading is okay.
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April 17, 2019, 08:55:03 AM
 #151

It depends on you brother on how will you do it. For example if you will choose day trading you must have a lot of vacant time to or your work must be in trading only so that you may earn a 10-20% Profit a month or in a week. But if you don't have that much time try to go on crypto trading and that was sure you will get an income also. Your $1000-2000 dollars would be good to start trading activity.
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April 17, 2019, 08:58:12 AM
 #152

It depends on you brother on how will you do it. For example if you will choose day trading you must have a lot of vacant time to or your work must be in trading only so that you may earn a 10-20% Profit a month or in a week. But if you don't have that much time try to go on crypto trading and that was sure you will get an income also. Your $1000-2000 dollars would be good to start trading activity.
Day trading is really a good suggestion for those who have many vacant time because you can focus on just trading and if you don't have any job you can trade as much as you can. Day trading is a hassle work so better if you will focus on that.
If you want to know how day trading and crypto trading happening, come to darb in which you will know how real trading exist and the happenings on how it works. Day trading must be hard but you need to study and give your all attention on it so that you can get a profit in trading or exchanging.
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April 17, 2019, 04:03:27 PM
 #153

You don't have to devote the whole day for it though. That' why we have sell/buy/stop orders available in exchange sites so that we can go well about our day. You just have to have a target both for a buy and a sell order. People with regular jobs can very well do it.
This is the reason it is called day trading. You can do it in your part time, after the job and so on.
It is in other words a one day speculation. You invest at a particular price, set a selling price and get it sold once your limit is met. The current volatile market is way too instrumental in making the day trading beneficial so one should really make some extra money despite wasting time after job.
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April 17, 2019, 04:35:32 PM
 #154

I would recommend short term trading. You have made your decision to start trading crypto to fiat. That is profitable too if you are confident that you can do it better. What about the taxes and all? Have you looked the legal side relating to crypto trading in your country? Since I am from India, there is an RBI regulation not to do crypto fiat transactions. So, I would get my bank account blocked if they found anything suspicious.

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April 17, 2019, 06:06:44 PM
 #155

I think day trading is more suitable for you, as you want to get money in short term
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April 17, 2019, 06:32:27 PM
 #156

I think day trading is more suitable for you, as you want to get money in short term

But it’s not easy to find reliable platform
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April 17, 2019, 06:36:31 PM
 #157

I think day trading is more suitable for you, as you want to get money in short term

But it’s not easy to find reliable platform

Agree with you, but we have a diverse choice, it has more advantages than drawbacks anyway
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April 17, 2019, 06:45:09 PM
 #158

I think day trading is more suitable for you, as you want to get money in short term

But it’s not easy to find reliable platform

Agree with you, but we have a diverse choice, it has more advantages than drawbacks anyway
Of course. Can you please give an example of worth new one
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April 17, 2019, 07:02:28 PM
 #159

I think day trading is more suitable for you, as you want to get money in short term

But it’s not easy to find reliable platform

Agree with you, but we have a diverse choice, it has more advantages than drawbacks anyway
Of course. Can you please give an example of worth new one

https://velvet.exchange/#/
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April 18, 2019, 06:34:48 AM
 #160

Trading with huge capital is discouraged  in the first place.  Inexperienced traders are advised to trade with what they can afford to lose.
You can actually make that much or even more especially when you become good at trading.
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April 18, 2019, 09:47:08 AM
 #161

Having a capital like this ($1k-$2k) is good to start in trading, well, it depends on you mate. If you are a full-time trader and the majority of you have a vacant time more than 20 hours per day then I must say go in day trading. This kind of trading is more profitable if you know how to play the market.

putting such amount of money like $1000 - $2000 is not really necessary especially if a person new in this kind of venture, it is indeed that trading is capable of giving us a profit but it could also lead us to a huge loss and not every day is a good day for us to make a trade.

Quote
I know people are afraid to use trading tools(bot) but this strategy will sure make more profit. The decision is yours but I highly recommend you to use bot just like Gunbot. Contact this trusted user crwth he/she also guides you on how to use or visit https://gunbot.ph.

trading bot might help people with their trades but for me trading manually is still better than using a bot because you are really approaching the market and you could even maximize your profit without using a trading bot.
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April 18, 2019, 09:56:49 AM
 #162

If you ask these questions then don't think you know how to trade and if you don't know what to do then it's very risky to start it and you must know you can lose all that money at once so if its your free money then try to make money but be ready to lose money, so don't upset,if it will happen,good luck.


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moynul2050
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April 18, 2019, 12:06:09 PM
 #163

to get the benefits as you would expect it would be better if you trade short-term, especially if you choose to trade pairs with FIAT currencies. it is very suitable for short-term trading.
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April 18, 2019, 12:42:52 PM
 #164

Trading with huge capital is discouraged  in the first place.  Inexperienced traders are advised to trade with what they can afford to lose.
You can actually make that much or even more especially when you become good at trading.

Not really. If trading is your profession or even if it is your part time work, but you apply the same discipline and methodical applications as you would to a smaller bankroll, then the capital is not the problem. If you can afford to lose $10, then that is your capital. If you can afford to lose 10 BTC, maybe you mined 1000 in 2012, then sure, you can play with 10 BTC capital,,,

And you can make that and lose that just as easily (actually,,, easier to lose!) no matter what, if you do not set cautious stop losses.

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April 18, 2019, 05:34:31 PM
 #165

It’s totally depends in yourself. But if you want to get 20% profits every month then I will recommended you to start short term trading. It’s more easy and secure than day trading and you can use crypto to crypto pare.

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April 18, 2019, 06:07:32 PM
 #166

If you ask these questions then don't think you know how to trade and if you don't know what to do then it's very risky to start it and you must know you can lose all that money at once so if its your free money then try to make money but be ready to lose money, so don't upset,if it will happen,good luck.
So people who want to be a crypto trader need to be born as crypto trader itself? Not sure how we can learn something if we didn't try it.

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April 18, 2019, 06:34:36 PM
 #167

Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
This is how I start trading in cryptocurrency. First, I'm trying to trade bitcoins on a wallet that is named coins.ph and all trades goes well and a friend taught me trading and told me that there were other cryptocurrency aside from bitcoin. I got the interest and start trading. That's a good start my friend.

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April 18, 2019, 08:29:07 PM
 #168

You will practice the different types of crypto currency trading yourself so that you will know which particular one will suit you with this your trading capital. I said this because, people's opinion might not reflect what will work for you and not just because such trading time works for them.
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April 19, 2019, 11:08:01 AM
 #169

have you traded in any platform before this time? If you have traded before it then you could apply your previous trading skill. If you don't have it then you should learn trading first then start trading. Because without trading skill you would lose your whole investment.
You are thinking about why I am saying this without answering your question. Bro, don't mind I think, you don't have good skill about trading. If you have the trading skill then you should know which is suit for your according to your trading experience.

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April 19, 2019, 12:53:30 PM
 #170

First of all, before you invest or try to trade your money on any exchanges make sure you know what you are doing. And make sure you do have the right knowledge of trading because trading is not that easy especially if you are just a newbie on that field. You might end up losing or burning most of your money.
That's right, because when you have skills in trading, whatever type of trade you choose you will still have a greater chance to win. first sharpen your abilities, expand your knowledge, then short term or long term then it will suit to you
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April 19, 2019, 02:04:14 PM
 #171

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.


Actually in trading every people have an own strategy, we all know trading have a risk short term or long term.possible to decrease the amount of your capital.

1009usd to 2000usd is huge and good  capital amount to start earnings but i suggest to you mate learn well before making final decision.

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April 19, 2019, 02:13:49 PM
 #172

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

I think the best option is to start with Crypto-Fiat, and start with long-term medium-term trading, so you can study the market from a more general perspective and you can build positions without much stress, if you have good analysis of sure you will start to get benefits.

Short-term trading is very difficult, the odds of losing are greatly increased, scalping I think should be done with great care, and for people who have a full knowledge of the market, who knows what can happen in the 15, 5 minutes included 1 minute .. Since the idea is not to gambling but to know well what is being done, since it is money is that you will put into play.

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April 21, 2019, 10:11:41 AM
 #173

It depends on you brother on how will you do it. For example if you will choose day trading you must have a lot of vacant time to or your work must be in trading only so that you may earn a 10-20% Profit a month or in a week. But if you don't have that much time try to go on crypto trading and that was sure you will get an income also. Your $1000-2000 dollars would be good to start trading activity.
Day trading is really a good suggestion for those who have many vacant time because you can focus on just trading and if you don't have any job you can trade as much as you can. Day trading is a hassle work so better if you will focus on that.
I think you do not need a lot of hours a day for day trading. It is just about your limits. You set your limits at which you are willing to sell off and you reach that limit, it is done. It is useless sticking to your laptop screen all the day. I would be great if you have a job because that will be an extra addition into the money flow you will get from trading. The bullish market has been good to give profits in day trading provided you have experience.
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April 21, 2019, 10:31:10 AM
 #174

I think you do not need a lot of hours a day for day trading. It is just about your limits. You set your limits at which you are willing to sell off and you reach that limit, it is done. It is useless sticking to your laptop screen all the day. I would be great if you have a job because that will be an extra addition into the money flow you will get from trading. The bullish market has been good to give profits in day trading provided you have experience.

Would be nice if he can create a notification if ever his sell or buy wall is eaten.  That way he can maximize his profit in day trading since as far as I know daytrading depend so much on how many cycle of buy and sell he can make through out the day.  If he can afford to buy a bot that will be much better since he can  just leave his unit and let the bot take over his trading after he sets up the parameters he wanted on that bot.



Anyway OP had decided on which way to go, but I guess it would be less hassle if he will just use an exchange than trading directly to other people.  But it is his choice so best of luck OP.  And I hope you come back here to share you experience Smiley.
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April 21, 2019, 10:42:16 AM
 #175

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

If you haven't traded before you need to be very careful with your funds. Remember that 95% of the retail traders LOSE money! Daytrading crypto is very risky especially now that we're in a consolidation period with kind of low volatility. TIP: Stay away from leverage until you master spot trading. Look for trading positions that you would be willing to hold for long term even if they go against you.
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April 21, 2019, 10:46:38 AM
 #176

of course day trading is better, you have to sell it on the same day no matter what profit you get
my advice is to find a high-volume pair, a low fee trade,
btc-usd or btc-usdt

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April 21, 2019, 10:47:43 AM
 #177

You need to know yourself as what suits you instead of asking others. The thing that suits me is long term trading but I do everything easily because that’s the way it enhances me in terms of making profits and consistent profits. It also helps with a broker like FreshForex in my corner due to mighty facilities they have from low spreads, bonuses and many more such benefits.
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April 21, 2019, 11:59:25 AM
 #178

You forgot to mention long term (hodl) you can divide that money and have a part of it invested as a long term, while rue remaining goes for a short term/daily trade. 10% to 20%  uuhmm… everything will depend on you, and whether you know how to trade. If you don't know how to trade crypto yet, then you should learn it. Videos on YouTube can teach you just that. There are also articles to help you online.
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April 21, 2019, 12:14:09 PM
 #179

You forgot to mention long term (hodl) you can divide that money and have a part of it invested as a long term, while rue remaining goes for a short term/daily trade. 10% to 20%  uuhmm… everything will depend on you, and whether you know how to trade. If you don't know how to trade crypto yet, then you should learn it. Videos on YouTube can teach you just that. There are also articles to help you online.
So don't do trading when you want start too?

If you read the OP then you will get better idea,trading is not long term hold the user only interested on short term or day trading and it looks like he/she already started doing it.

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futile-resistance
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April 21, 2019, 12:40:13 PM
 #180

This is something you can find as a result of your experiences. So, after you learn how the strategies work, you can continue by trying them out. And you will see which one is more appropriate.
It is very important to have knowledge about trading because this way we can trade well, I think day trading needs lots of knowledge but long term trading is much better. As in trading there will not same time always rise or fall but it keeps changing so this is the reason why I always suggest traders to stay in touch with the market never leave at panic
In any case, daily trading requires not only a lot of time to monitor the cryptocurrency market, but also to have certain experience and knowledge. Of course, I will not say that knowledge is not needed for long-term trade, but nevertheless, if there is confidence in certain projects, then all the risks may be minimal.
I think another very important thing that no one is saying here is exchange. I believe the exchange you choose to trade with us also very important. Cause if you choose the wrong exchange, you might end up experiencing some big problems in it.

So, I'd recommend exchanges like Coinbase, KuCoin, Binance, or Bitfinex. Next thing that matters is your source of information. I make use of Coinmarket in tracking crypto related events.
OrangeSeller
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April 22, 2019, 05:01:09 AM
 #181

If you ask these questions then don't think you know how to trade and if you don't know what to do then it's very risky to start it and you must know you can lose all that money at once so if its your free money then try to make money but be ready to lose money, so don't upset,if it will happen,good luck.
So people who want to be a crypto trader need to be born as crypto trader itself? Not sure how we can learn something if we didn't try it.
Well, this is quite easy to understand. I am really shocked how people can’t understand this simple concept. There isn’t any rocket science in it. When you are getting afraid of trading and you aren’t brave to get into practical world, how you can even think of getting benefits. Because, benefits come after some sacrifices and hard work that you need to put into field. So try and let hope for best.
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April 22, 2019, 06:30:04 AM
 #182

If you don't have much trading experience and are not aware of the fluctuation of price of various coins and don't have a lot of free time then day-trading wouldn't be suitable for you. As you are looking for monthly basis profits then short-term trading would work well for you.
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April 22, 2019, 09:43:40 AM
 #183

You have a good start capital for crypto trading pal, 1k$ - 2k$ is a huge amount actually. But I'd like to inform you that there is no passive income here that has a fix amount every monthly. Unless, so my advise to you, try to start with small capital investment first, at least in that way you will feel what your gonna do if you loss or win in the actual trade and day trading will suite for you for having that capital as a starter.
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April 22, 2019, 12:31:24 PM
 #184

You have a good start capital for crypto trading pal, 1k$ - 2k$ is a huge amount actually. But I'd like to inform you that there is no passive income here that has a fix amount every monthly. Unless, so my advise to you, try to start with small capital investment first, at least in that way you will feel what your gonna do if you loss or win in the actual trade and day trading will suite for you for having that capital as a starter.

after all, there's nothing wrong if he wants to start with a large initial capital as long as he has the money and is ready for the worst risk, the OP doesn't look like a beginner and in my opinion he has skills in trading
it seems like the OP has got the choice to trade on LBC looking for its reputation there, hopefully it will be a good step for the OP

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April 22, 2019, 01:19:10 PM
 #185

If you don't have much trading experience and are not aware of the fluctuation of price of various coins and don't have a lot of free time then day-trading wouldn't be suitable for you. As you are looking for monthly basis profits then short-term trading would work well for you.
Day trading with free coin will not happen too often you need decent capital to start trading and the make money from it.

There is no monthly or weekly based as long as when we decide to cash it out or all the profits will get compounded to the capital and will give more profits then initial.
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April 22, 2019, 02:01:48 PM
 #186

If you new on trading, then you should try for day trading. Day trading is risky but not so bad. You will buy a coin with low price, after some hour you should sell it. Just take a small profit. Do not want to get big profit, because day trading is risky. You can start with $100 or something more.     

Bitcoin is gonna hit 100K usd
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April 23, 2019, 01:40:07 PM
 #187

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
I think you should get to learn the both if them and understand how they work before you start. I usually go through Medium in search of meaningful articles to read and learn more about crypto trading. Short term trading is really good and you can make good profit from trading short term, but one thing you should also know is that short term trade carries more risk than long term trade and is difficult for noobs.

So, you will have to learn it before you start. That’s why I said you should read articles about trading before you proceed with it, it is going to help you a lot to understand the differences and know which exchanged is best to use and how to trade coins perfectly. Crypto to crypto is a good choice to go with.
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April 23, 2019, 02:15:21 PM
 #188

I mean long time treading is batter for you and all. Top rank Currency is always be riskles i mean. If you do trade with top currency and do long trade you qill be benefited.

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April 23, 2019, 02:21:22 PM
 #189

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
I think you should get to learn the both if them and understand how they work before you start. I usually go through Medium in search of meaningful articles to read and learn more about crypto trading. Short term trading is really good and you can make good profit from trading short term, but one thing you should also know is that short term trade carries more risk than long term trade and is difficult for noobs.

So, you will have to learn it before you start. That’s why I said you should read articles about trading before you proceed with it, it is going to help you a lot to understand the differences and know which exchanged is best to use and how to trade coins perfectly. Crypto to crypto is a good choice to go with.
That's right!. You should make some research to both kinds of trading you've mentioned. We are not in your real situation, even we don't know how truth skill your passionation you had. You yourself know what you are having at this moment. Probably, you should take time to try both of them foremost, then making a decision afterwards. To have a try is better fit your problem reasonably. Trading is considered a difficult work, but if you are much fond of it and proficient at it, you can reach a large fruits. For me, you should choose day trading foremost.
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April 23, 2019, 02:23:15 PM
 #190

I mean long time treading is batter for you and all. Top rank Currency is always be riskles i mean. If you do trade with top currency and do long trade you qill be benefited.
Long term trading is dull but rewards are safer than day trading. Riskless trading doesn't exist from my experience but lowering the risks can save the dusted trading balance. Swing trading is better than both time related trading style.

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April 24, 2019, 08:53:52 PM
 #191

have you traded in any platform before this time? If you have traded before it then you could apply your previous trading skill. If you don't have it then you should learn trading first then start trading. Because without trading skill you would lose your whole investment.
You are thinking about why I am saying this without answering your question. Bro, don't mind I think, you don't have good skill about trading. If you have the trading skill then you should know which is suit for your according to your trading experience.
Yep you’re right, and most especially the type of trading he’s opting for is quite risky. If he doesn’t learn it very well he might just end up losing his dollars for nothing. Trading is a difficult thing and I don’t really recommend it for newbies cause they always end up losing their money (if old traders lose their money, then newbies will do worst).

Short term trading wasn’t even something I learnt online, I had my friend teach how to trade and I also got to understand easily, having someone to teach me face to face. He can also do the same thing.

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May 05, 2019, 07:40:53 PM
 #192

have you traded in any platform before this time? If you have traded before it then you could apply your previous trading skill. If you don't have it then you should learn trading first then start trading. Because without trading skill you would lose your whole investment.
You are thinking about why I am saying this without answering your question. Bro, don't mind I think, you don't have good skill about trading. If you have the trading skill then you should know which is suit for your according to your trading experience.
I already have trading experiences in long term which is same as holder but when it comes to short term trading pick the best one based on our skills and preference is a smart choice.I am not a pro trader yet because not having much skills about analyzing the charts and other stuffs but I have the basic skill have to buy for less price and need to sell it for higher price.

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BeGoods
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May 06, 2019, 04:16:54 AM
 #193

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I think there is no difference between doing day trading or crypto to fiat trade. if I search from your history, you're still new to crypto trading. yeah, so use small capital first, and you can increase your capital if you have already produced a greater possibility of profit, or at least your skills are more better
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May 06, 2019, 04:39:33 AM
 #194

I think it is necessary to combine both short-term and day trading, because a considerable part of the crypto-currencies can give 20-30% per week and it is not always possible to short in this case
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May 08, 2019, 05:54:44 AM
 #195

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
If you want a passive income then you can invest in some coin which offers passive income so that you can earn fixed amounts of dividends for holding those coins which would meet your requirements of monthly basis profit. There are a lot of coins which offer dividends so you can find some of those easily. Always thoroughly research about the coin and its background before investing into to keep your funds safe always.

If you have made your mind to do fiat trading, then you might find profits in it but the profits in crypto trading is possibly higher so you should re-think about your investments and make your mind to invest in some good project.
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May 08, 2019, 06:23:01 AM
 #196

Crypto to fiat or crypto to stable coin pair will be better to suit for the people who are still new to the shorter form of crypto trading.Trading on LBC is something different from the crypto exchanges in my opinion because we need to always give better price compared to other advertisements if we want profits and also we need to have good reputation to find more trades but on exchange we can still start straight away.

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May 08, 2019, 06:34:05 AM
 #197

Crypto to fiat trading is ideal for someone who's looking into a certain percentage of profit monthly.
OP has already decided that this kind of trading would suit him and help the volume out on his country. A very good and reasonable choice for someone who's into crypto thinking about the volume on his country.

I wish you the best Findingnemo!
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May 08, 2019, 06:40:31 AM
 #198

I think it is necessary to combine both short-term and day trading, because a considerable part of the crypto-currencies can give 20-30% per week and it is not always possible to short in this case
We can actually not predict the exact number of percentage of profits we can have monthly as we can't predict the crypto markets. There is always some amount of risk involved where the price for most of the altcoins may get lower and you may feel like you are going in loss. Such time, you must HODL your coins but it might stop your monthly income so at the start itself you should not invest in order to have fixed profits.

You should never think of profits and keep on investing. Your 1$ might turn 1000$ if you invest in some potential coins. Short term trading can give lower profits but with higher risks. Even in day trading sometimes we need to hold the coin if we fail to buy at a dip.
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May 08, 2019, 07:41:30 AM
 #199

I think it is necessary to combine both short-term and day trading, because a considerable part of the crypto-currencies can give 20-30% per week and it is not always possible to short in this case
We can actually not predict the exact number of percentage of profits we can have monthly as we can't predict the crypto markets. There is always some amount of risk involved where the price for most of the altcoins may get lower and you may feel like you are going in loss. Such time, you must HODL your coins but it might stop your monthly income so at the start itself you should not invest in order to have fixed profits.

You should never think of profits and keep on investing. Your 1$ might turn 1000$ if you invest in some potential coins. Short term trading can give lower profits but with higher risks. Even in day trading sometimes we need to hold the coin if we fail to buy at a dip.
Actually make target for profits is good. Maybe to control how max we can get from trading. But if we not reach it, sometime it make us  more stressful and will make our trade not really controlled.

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May 08, 2019, 08:00:48 AM
 #200

Well starting with this scale of balance or investment means you have some amount of understanding and practical experience with trading (Min: 6month) if yes. then you should go for day trading as it is much more profitable and you don't have to wait long to see your progress. of course you can not see much higher % but still, you can track your progress.
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August 08, 2019, 01:11:52 PM
 #201

I think it is necessary to combine both short-term and day trading, because a considerable part of the crypto-currencies can give 20-30% per week and it is not always possible to short in this case
We can actually not predict the exact number of percentage of profits we can have monthly as we can't predict the crypto markets. There is always some amount of risk involved where the price for most of the altcoins may get lower and you may feel like you are going in loss. Such time, you must HODL your coins but it might stop your monthly income so at the start itself you should not invest in order to have fixed profits.

You should never think of profits and keep on investing. Your 1$ might turn 1000$ if you invest in some potential coins. Short term trading can give lower profits but with higher risks. Even in day trading sometimes we need to hold the coin if we fail to buy at a dip.

Of course there is a risk.But come on the most important part of trading is abilitty to take these risks in order to get high profit.You can also try a Trading Day if you are convinced in your calculations. But long term trading is safer. Also don't forget about importance of platform which you chose for trading. For example i trade on Monfex and it's very convenient because of its 20X leverage and safety.
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August 08, 2019, 07:30:15 PM
 #202

Having such a high capital is advantageous to trade but the best way to trade is in the long run but the decision of what type of negotiation to choose is entirely up to you and your knowledge of the different markets, must be one that fits you perfectly and you know completely.
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August 08, 2019, 10:43:38 PM
 #203

You can ask people here what trading suits you, the will give you a lot of suggestion but at the end of the day its still you who will decide which strategy suits you and you are comfortable with and you can't do that unless you start trading, not just a few trades, it may take 10 or more before you can say to your self that you are comfortable with just day trading or just scalping. Learn how to use those tools (ex: RSI, Parabolic SAR) first then trade.
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August 08, 2019, 11:53:26 PM
 #204

Having a capital like this ($1k-$2k) is good to start in trading, well, it depends on you mate. If you are a full-time trader and the majority of you have a vacant time more than 20 hours per day then I must say go in day trading. This kind of trading is more profitable if you know how to play the market.

I know people are afraid to use trading tools(bot) but this strategy will sure make more profit. The decision is yours but I highly recommend you to use bot just like Gunbot. Contact this trusted user crwth he/she also guides you on how to use or visit https://gunbot.ph.
Agree with you. It depends on what OP prefers to be in trading. He can be a full time trader or a part time trader. And he can select the best suited strategy to have profits. In my personal views, holding is a good choice if you are a part time trader because you will not base your profits for your daily allowance. There are also guiding tool for OP to be popular in trading techniques.

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August 08, 2019, 11:59:29 PM
 #205

1.Day trading or short term trading?

If you are looking for profits of 10-20% monthly then I guess short term trading suits you best. You can get that margin of profit monthly by short term trading.


2.Crypto to crypto or crypto to fiat trading?

Crypto to fiat is more suited for short term trading with the result of a 10-20% margin of income for you.




But OP need to focus this what they want to do as trader. Short term trading is need a lot of quality time and focus to monitor the up amd down.
Fiat to crypro vice versa trading localbitcoin ia suit but always remember expect the risk to avoid a lot of loses.
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August 09, 2019, 08:06:38 AM
 #206

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
day trading might be good for those of you who want to profit quickly with profits every day even every hour. but know that short-term trading takes up more of your time

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August 09, 2019, 02:48:24 PM
 #207

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
day trading might be good for those of you who want to profit quickly with profits every day even every hour. but know that short-term trading takes up more of your time
it is true that daily trading is great for getting results every day because now many coins have increased every day so that daily trading is also suitable for you this year. but if you want to get big profits you better choose the top 5 coins to hold in the long run
But one thing is clear that we do not have a factor or a reason to help us believe that we will make a big profit through the long-term hold of the top 5 coins, although the results in the past may be a proof but we are talking about the future, a small past cannot express the future. Especially in the present time, the market's rate of change is so fast, the only thing I think about is that we should make money every day or short term, depending on skills and experiences already available, each person will be a separate road

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August 09, 2019, 03:29:55 PM
 #208

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

Honestly dude, I got envied with you. Because you have a capital amount like that. That is definitely a good starting point in trading.
If you want to start with day trading, you must have goal and target of how many percent you aiming to get for your daily routine
as a trader, and it is much good to trade with crypto that is listed on top coins at the CMC.
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August 09, 2019, 06:13:38 PM
 #209

Some time ago I practiced daily trading, but my results were very bad.  Therefore, it is best to use an ordara for a month or at least two and three weeks.  Perhaps I still do not have enough experience to implement all my plans, but I only study and trade for a long time, watching the price fluctuations, I do it best.

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August 10, 2019, 03:48:02 AM
 #210

Honestly, if you can consistently make 10-20% monthly profit thats crazy gains Shocked Definitely not easy to do.

Try looking into arbitraging perhaps? Usually lower return since market is competitive now, but also the risk is lower. On some good months you can probably make 5% or more
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August 10, 2019, 05:26:15 AM
 #211

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
it depends on your own opinion, which one is better and more profitable, in my opinion capital is just right for trading, number 2 is right for you
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August 10, 2019, 03:03:16 PM
 #212

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.

I'd like to inform you that crypto trading is not easy like what you are thinking. For the beginner who start with crypto most of them ended up always for losing their capital. In short, if you have that amount of capital, put in your mindset that you are already loss that amount even it is not yet done. At least, you won't feel heart ache with that amount. But if you don't want to loss it easily, better to use that capital for buying Bitcoin then hold in a long term then wait.
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August 10, 2019, 10:24:08 PM
 #213

I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)

There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with  10-20% profits for a cycle.So what kind of trading I have to do now

1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?

edit:
Update:

I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I think daily trading matches your characteristics, where with daily trading you will get money every day. and that way your income will be more than 20% every month. but I see you seem to have good knowledge about daily trading


20% per month is not a good aim as a monthly target for a day trader. Day trading requires to checks hourly charts frequently, it is stressful to repeat it in every crypto pairs. A smallish monthly target can reduce the stress level than forcing yourself.
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August 12, 2019, 09:45:06 PM
 #214

While the market was still very unpredictable, I advise all traders whose just started lately to prefer holding long term instead of day trading. That's a good strategy to do because if you're trading daily you might loss and cannot recover immediately a good profit. Some people never tested trading with small amounts, that's why they failed.

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August 14, 2019, 05:52:17 AM
 #215

Some time ago I practiced daily trading, but my results were very bad.  Therefore, it is best to use an ordara for a month or at least two and three weeks.  Perhaps I still do not have enough experience to implement all my plans, but I only study and trade for a long time, watching the price fluctuations, I do it best.

It depends on a person. Before, day trading was bringing me nothing but losses, but with time (and experience), it turned out to be the best variant. I am not the man who is too busy with his main job, therefore, day trading that takes much time is good for me.
It is a very good way to earn also when you have good skills with trading fiat. I like this stuff.
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August 14, 2019, 06:16:25 AM
 #216

1.Day trading or short term trading?

If you are looking for profits of 10-20% monthly then I guess short term trading suits you best. You can get that margin of profit monthly by short term trading.


2.Crypto to crypto or crypto to fiat trading?

Crypto to fiat is more suited for short term trading with the result of a 10-20% margin of income for you.




But OP need to focus this what they want to do as trader. Short term trading is need a lot of quality time and focus to monitor the up amd down.
Fiat to crypro vice versa trading localbitcoin ia suit but always remember expect the risk to avoid a lot of loses.

Yes, we should always avoid the risk because trading itself indicating there is risk involved in it. That's why it is always good to have some safe fund in order to protect ourselves when the coin price is going down, it will help us to grab the low valued coin, in order to make a profit when they start recovering.
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August 14, 2019, 03:08:02 PM
 #217

Myself already mentioned that I am doing day trading now but not much intense to be honest.Not sure  when this thread was bumped again after I update the result.

Better locking this thread now.

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