OrangeSeller
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April 22, 2019, 05:01:09 AM |
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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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Che454010
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April 22, 2019, 06:30:04 AM |
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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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Babyrica0226
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April 22, 2019, 09:43:40 AM |
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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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kodtycoon
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April 22, 2019, 12:31:24 PM |
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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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semobo
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April 22, 2019, 01:19:10 PM |
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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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Ferris419
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April 22, 2019, 02:01:48 PM |
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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.
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Bitcoin is gonna hit 100K usd
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d1ceplayer
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April 23, 2019, 01:40:07 PM |
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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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Kulkhan
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April 23, 2019, 02:15:21 PM |
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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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annango
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April 23, 2019, 02:21:22 PM |
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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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StephenJH
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April 23, 2019, 02:23:15 PM |
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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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bitgolden
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April 24, 2019, 08:53:52 PM |
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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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Findingnemo (OP)
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May 05, 2019, 07:40:53 PM |
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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 |
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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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Aivaryamal
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May 06, 2019, 04:39:33 AM |
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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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guoyu78
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May 08, 2019, 05:54:44 AM |
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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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Thanasis
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May 08, 2019, 06:23:01 AM |
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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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eagleman
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May 08, 2019, 06:34:05 AM |
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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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Osarman
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May 08, 2019, 06:40:31 AM |
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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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Dewi Aries
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May 08, 2019, 07:41:30 AM |
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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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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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jak3
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May 08, 2019, 08:00:48 AM |
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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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