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Author Topic: what kind of trading will suit for me?  (Read 15646 times)
Whosdaddy
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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.
Findingnemo (OP)
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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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.Duelbits.
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akram143
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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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Bagaji
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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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