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Author Topic: Suggestion for trading platform  (Read 1371 times)
xamxam
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July 03, 2019, 01:26:45 AM
 #21

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..

I recommend you to use an exchange that always belongs on top mate, its an advantage actually to trade on this exchange.
One of this platform I could give is Kucoin or Houbi you can surely gain here from time to time as long as you know how to read and moitor
graph properly.
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July 03, 2019, 04:06:10 AM
 #22

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
I think your mistakes are in the way you trade and how you make action analysis, for platform to improve your trading skills, it's better to choose a platform exchanger that has a demo account. mercatox and bibox I think it has a low volume for each coin, try to see a list exchanger in coinmarketcap and select an exchanger site that has a large volume or at least a top 5 exhcangers for the altcoin you want to trade.

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July 03, 2019, 05:22:01 AM
 #23

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
There is no exchange that will perform the miracle for you, it is not platform that is trading, you are the one trading your money yourself and not getting some things right, even if you use the best trading platform we have now which is on Binance, that will still not you from losing mate. All you have to do is check your self thoroughly, do you have the right knowledge, skill and strategy to trade?

You may think you have, but right now, you need to pause on your trade first and move a little bit closer to people who are guru’s in trading so that you can see where all the lapses are, otherwise, you will keep losing till your balance become zero. Don’t rush into trading, learn how to trade very well first, the reason why I feel you still need to learn is because you are completely blaming your losses on the exchange.
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July 03, 2019, 05:23:59 AM
 #24

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
How much you had lost?

Alteast you should move that coin to binance and start doing trading now which might help you to minimize losses.

Or you can buy BNB and trade against it which is also good for day trading.

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July 03, 2019, 06:59:46 AM
 #25

Always choose an exchange that has a high volume and a lot of trader's user. I think Binance is suitable for you where to trade.
That is not a mistake of which exchange you had chosen, that is your mistake in choosing and probably the wrong move of trading. Those mistakes if you no let happen again you may get more profit and your losses were back. As you noticed most likely people here saying it's Binance. Then, go for it and good luck.

Unfortunately this is what people look for first, high volume and lots of users. But security should be the first importance correct? This is why I always felt safe on DEX like Waves, even though they had such low volumes,,, but my funds were always belonging to me on my wallet. I like Binance too,,, but I can never feel safe about my funds there.

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July 03, 2019, 07:50:48 AM
 #26

If you use un-reputed exchange then you might loss fund due to pump dump and from shitcoin. Because shitcoin dump after listed and if you enter this kind of coin then you would lose.

If your are newbie on trading platform then I would like suggest to use reputed exchange like Binance or Bittrex and simply you could check on CMC by trading volume. Then you have to concentrate on your trading mathode. Look like you don't have enough patience and that's the main reason why you are losing your fund continuously. So trade with patience and choose potential coins instead of shitcoin.

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July 03, 2019, 08:40:00 AM
 #27

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..

Please be reminded that you lost in trading not because of the trading platform that you are using. All right? It could be caused by your specific trade calls which were wrong, or it could be caused by your emotions getting the best in you, or perhaps you are trading without basing on some fundamentals or TAs.

But if you are really looking for a good trading platform, look for the volume, look for the number of great coins traded, and please do review their reputation especially about support and responses and deposit and withdrawal concerns.
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July 03, 2019, 08:51:50 AM
 #28

The exchange is usually not the main reason why you are losing/have lost money, the issue is elsewhere and usually lies in the strategy of trading you were using if you had a strategy or plan in the first place. Evaluate your losing trades and see what those losing trades had in common, revise your plan or make one if you don't have one, and use whatever exchange(s) you were using before and try again.

There are also indeed bad exchanges out there, and as others have suggested Binance is a decent exchange you could try out.
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July 03, 2019, 08:58:13 AM
 #29

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..

Hello there Cryptosjb. You suffered a loss because you couldn't hold the coin and you were very impatient. Always remember in trading crypto you never lose anything unless you sell it. All price increase and decrease in time unless you invested in tokens/coins that were pump and dump then you made the right choice, if you have traded like top altcoins then please do not sell and hold. My suggestion is go to Binance and trade the top volume altcoins there and maybe you can recover your losses. Good luck mate
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July 03, 2019, 06:26:30 PM
 #30

I will suggest FreshForex, as it’s one of those platforms that you can be truly comfortable and easy with. The thing about this broker is no complicated stuff. So this means I can do anything and everything with relative ease and confidence. I don’t think much else is really needed.
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July 03, 2019, 11:56:24 PM
Last edit: July 04, 2019, 12:16:18 AM by nydiacaskey01
 #31

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
Its regardless of what platform you use, if you are not careful in selecting which coin to buy, you will still suffer a loss. What you need is to learn how to read charts and graphs and read a lot about the status of the coin you bought. Don't also try to recover your loss because your eagerness might result to more losses because you didn't examine or review the coin you plan to buy.
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July 04, 2019, 03:42:27 AM
 #32




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July 04, 2019, 06:37:11 AM
 #33

I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..

Hello there Cryptosjb. You suffered a loss because you couldn't hold the coin and you were very impatient. Always remember in trading crypto you never lose anything unless you sell it. All price increase and decrease in time unless you invested in tokens/coins that were pump and dump then you made the right choice, if you have traded like top altcoins then please do not sell and hold. My suggestion is go to Binance and trade the top volume altcoins there and maybe you can recover your losses. Good luck mate
This mentality that they have is very common with people to always claim they have lost certain percentage of fund when they see the value of their investment decline, and I wonder if they don’t believe in the survival of the project which is why they already agree they have lost, otherwise,they will continue to see that their investment is still intact, and not matter how long it takes, they will recover it back and still make enough gain for the patience.

Most people that do panic sell when they see some declines caused it, imagine those that bought in the last ATH, if they had all panics sold, would some of them be expecting their investment back now? Moreover, I wonder why some people leave exchanges where they will have enough volume to be able to execute their trade on time to ones that has no volume, like the one op mentioned.
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July 12, 2019, 01:44:20 PM
 #34

I guess you awlays enter a trade blindly.  Its important that you make adequate research  before entering into a trade it will help you make the right decisions of which you can minimize ur losd

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November 29, 2019, 12:50:38 PM
 #35

What kind of platform are you interested in? It will be easier to suggest anything if you specify whether you want to start trading on centralized or decentralized exchanges. And which are the coins you want to trade?
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December 02, 2019, 07:19:08 AM
 #36

It's true that the current situation is not going well and so you can't expect anything from this system immediately, if you want to hold this altcoin then you might take a huge risk because nobody can say when this market will become quiet and calm, it's true that every sector of our real life is facing a huge crisis, so blockchain system is also having like this time, but one suggestion for you that, You may sell all of your altcoins or convert it into Bitcoin, For me, Bitcoin could be a safe investment for the future purpose in comparison to other cryptos, so you may consider of my suggestion.

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December 02, 2019, 07:47:38 AM
 #37

You can change to any exchange platform, but before you move to the other exchanges, I think you should ask yourself, do you have skills to trade better than in the old exchange you use? If you don't improve your trading skills, no matter if you have big money, you will not be able to make a profit because you will lose more than you can expect. So I think it's better you learn more about trading, and if necessary, you can search for a demo account to learn because you don't have to use real funds to trade. But binance will be a good exchange for you to moves because you will see that in binance, you will have so many options of the altcoin so you can try to recover your loses.

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December 03, 2019, 05:39:40 PM
 #38

binance ?? Have you tried it? maybe even if you change exchanges it won't be easy to recover your losses, but I think you can from a small scale to recover your losses and try to repair your losses. good luck Smiley

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December 03, 2019, 06:13:24 PM
 #39

There's a lot of good trading platforms. I've just used both of binance and poloniex before and they're literally so good to be honest, even in the term of fees, there's also HitBTC and yobit. I can recommend poloniex though, because I used to trade on it for a long time ago and it's really so good, I've heard yobit is good as well, but I didn't use it, so it's up to you to choose, you can even google that on the internet and you'll have more ideas.
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December 03, 2019, 07:27:59 PM
 #40

I have to say that from the start you have completely wrong attitude. You think that trading platforme is the cause of your losses and not yourself or better to say your trading methods and possible lack of knowledge and experience.
There is no magic trading platform that will recover your loss, that can only be you so try to figure out what were your mistakes and accept that this time maybe you will not be able to recover your loss.

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