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Author Topic: what kind of trading will suit for me?  (Read 15610 times)
Sled
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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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samcrypto
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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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bitgolden
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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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Findingnemo
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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.

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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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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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bison
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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.

Findingnemo
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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.
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.
fibrolit
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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.
rizkyhiw
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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.
dunfida
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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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guoyu78
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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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