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Author Topic: what kind of trading will suit for me?  (Read 15671 times)
lablab03
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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.

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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.

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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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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.

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