Suggestion for trading platform

[Andrew Parker]

I will say FreshForex, as it’s comfortable to work with broker that is simple and straight forward to work with. Usually, a lot of people prefer going for exchanges, but my preference is certainly with the proper broker which makes me feel secure and comfortable.

[1715382223]

1715382223

[1715382223]

1715382223

[BitHodler]

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.

There is something other magical that can make people not lose money anymore, which is to stop trading entirely. It looks so easy when you put it down like that, but it's something people just can't do.

People think they are different and better than all those who lost money in the past, but they are just as dumb, maybe even more delusional because you can't possibly consider gambling to be a proper way to make money.

[CryptopreneurBrainboss]

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..

From the exchange you listed probably your style of trading involves chasing after the hype to profit from newly listed tokens or the coins been hyped on the trollbox because that's what mercatox is known for, listed worthless shitcoins and most time clear scam coins, endangering their customers to scam. Not saying legit projects aren't listed on the exchange but majority of the coins there, aren't worth trading per se.

I would advice you first change your exchange before changing your trading strategy. Our environment affect our decision making, when you start trading on platforms like kucoin or binance then your style of trading will change since scamcoin hypes aren't usually a thing on those exchanges.

[ajaymukund]

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..

The loss is definitely caused by a lack of knowledge before trading. You should invest the remaining money for your study and also don't try to trade again. The previous teacher taught me that you should only try trading $ 100 to test your strategies. If you have tried trading, you understand the rigors of the market, now you should learn your knowledge and then one year later, return to revenge the market.

[Getmon]

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..

Mercatox has already a name in crypto trading. It has been a popular although not really a top exchange. It has good daily volume though. Bibox sounds new to me. I have not heard of Bibox before. But I don't think it is the fault of Mercator or Bibox if you failed in your trading. Your loss is not due to the exchange. You are the only person who creates a buy or sell order in your trades. You are the only person who has the access to the ask and bid prices in your orders. Why do you seem to blame the platform? It has no fault in whatever result your decision in trading is.

[elewton]

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..

Those two exchanges have very low volume and you should not trade there. Why don't you use big exchanges, where there are large volumes and indicators are more accurate. This makes you increase your probability of winning the trading session. I suggest you trade at Binance, which has additional functions like Stop-limit, which is very useful and reduces the risk of trading. Their functions will help you trade the best while you sleep well.

[Iceblast]

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..

You can try in binance, binance has a larger volume and also prices that are rapidly changing because traders and large volumes are there.  maybe you can try doing there to slowly start trading

[NewRanger]

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..

You can try in binance, binance has a larger volume and also prices that are rapidly changing because traders and large volumes are there.  maybe you can try doing there to slowly start trading

we should use large exchanges with large volume too. coins which is traded here has good reputation , different with unreputable exchanges. usually they didnt filtered well coins or token that will listing there. if we have time , we could compared coins quality between binance with mercatox or bibox. we will find differences on them.first side on trading volume , and other side on product quality. did they have working product that could applied in cryptocurrency ecosystem.

[wozzek23]

I will say FreshForex, as it’s comfortable to work with broker that is simple and straight forward to work with. Usually, a lot of people prefer going for exchanges, but my preference is certainly with the proper broker which makes me feel secure and comfortable.

If you actually understand the question its more about learning trading then platform. No matter what platform you use but if you do not have the ability to make positive trade then be it any exchange the account balance will always be negative compared to what you started with.

I suggest that you should relax down a bit @cryptosojib because I see a clear panic post by what you have posted, you have not mentioned any details about what trades you made. Because without knowing the actual situation and mistakes you made its hard for anyone to give a credible suggestion.

[jostorres]

OP, only trade in an exchange that has real, actual volume. Nearly 95% of all cryptocurrency exchanges have fake volume, and they play against their users, in both the bid side, and the ask side.

Newbies read, https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf

Good information and actually I heard that SEC are not giving license or permission to new exchanges easily now.

It's important that you trade on the correct and genuine platform and secondly you must understand that the price will float a lot with bitcoins and you have to adapt your trading methods according to that. It's not easy if you have been trading with forex or something and coming into bitcoins for the first time but just make small orders and take advantage of the quick and small ups and downs which I personally call as margin trading.

[Sanugarid]

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..

The loss is definitely caused by a lack of knowledge before trading. You should invest the remaining money for your study and also don't try to trade again. The previous teacher taught me that you should only try trading $ 100 to test your strategies. If you have tried trading, you understand the rigors of the market, now you should learn your knowledge and then one year later, return to revenge the market.

That is very common, most of the people knew how important knowledge is. But let them, may be they can help by that information.

But I suggest for you to not only seek information, you need to practice and apply those knowledge for your own growth. I know in this thread you saw this thing many times. EXPERIENCE.

Experience will help you to become professional in trading. Keeping your guts in your account will produce you more money in the future. Keep hustling, people.

[AniviaBtc]

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..

You can try in binance, binance has a larger volume and also prices that are rapidly changing because traders and large volumes are there.  maybe you can try doing there to slowly start trading

Bitmex also is a good trading app that can sure your future in trading. You just need yo use it wisely and with great critical thinking skill for you to be able execute every steps perfectly. Bad decision making can make you loss everything that you have. That's what happened to you, you let your greed control you and now you're suffering.

Learn how to use Bitmex, it is the same in Binance but bitmex is much tried and tested. Try to practice using it and your account will surely grow. You will not think about your losses if you mastered using this trading platform.

[Shasha80]

There is no connection between trading platforms and the losses that you experience when trading. So there will be no guarantee by changing
the trading platform will recover your loss. The loss that you experience when trading is more related to the trading strategy that you use. So
from that with changing trading platforms is not the right solution to overcome the losses that you have experienced. But if you really want to
find a trading place those who are recommended can try trading on binance exchanges. Because it is more convenient to use in my opinion and
also binance is exchanges which is popular and trusted to use.

[pajak666]

when bitcoin is unstable you should not trade anything. this is very bad because the altcoin is influenced by the price of bitcoin.
at least you do backup or cut loss to maintain greater losses.

This is true. Trading bear markets is waaaaay harder than the opposite. Your profits are capped, market is more prone to false signals for trend reversals and it revolves around around more complicated strategies usually. None of this is good. Better to use your time and money for learning process at this point and only join the movement when it is bullish and easier to manage for novice.

[gabbie2010]

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 believed you are not getting things right as far as your trading strategy is concerned this is more of learning and restrategizing your tradings else you would continue to suffer losses if possible take a break from trading live account for a while switch over to trading using a stimulator and practise well with any of the strategy available on the internet tweak it to fit your own plan, trade demo and make profits consistently before going back to live trading

[Negotiation]

I think you should know better about trading before trading You need to research and balance on which side to trade If there is a loss in trading then do not sit there and try again and correct where you went wrong. Trade for a long time and you can try to trade Binance and Kucoin on a good platform here If you trade well you will get back some of your lost money.

[cryptoloverlife]

when bitcoin is unstable you should not trade anything. this is very bad because the altcoin is influenced by the price of bitcoin.
at least you do backup or cut loss to maintain greater losses.

This is true. Trading bear markets is waaaaay harder than the opposite. Your profits are capped, market is more prone to false signals for trend reversals and it revolves around around more complicated strategies usually. None of this is good. Better to use your time and money for learning process at this point and only join the movement when it is bullish and easier to manage for novice.

Exactly, it is impossible to trade them in the bear market because the market situation might change suddenly. So we should wait patiently for the opportunity to grab the low valued fund and it will surely help us to make profits if you control your emotions for some time.

[clickerz]

I think you should know better about trading before trading You need to research and balance on which side to trade If there is a loss in trading then do not sit there and try again and correct where you went wrong. Trade for a long time and you can try to trade Binance and Kucoin on a good platform here If you trade well you will get back some of your lost money.

Yes, I will recommend both exchanges. Binance so far is good since they are legit and known already meaning they are having a big volume turnover.Kucoin is also kay for being smooth in trading and fast too. You can try also bittrex, and some decentralized exchange for your Ethereum tokens.

[pamsugas]

wherever you trade if your technical analysis is not good it will suffer losses. I suggest trading on an exchanger platform having large volumes such as binance, okex, bitmax. having a large trading volume is better than a small volume because trading is easier.

[iv4n]

wherever you trade if your technical analysis is not good it will suffer losses. I suggest trading on an exchanger platform having large volumes such as binance, okex, bitmax. having a large trading volume is better than a small volume because trading is easier.

Proper advice for this guy should be to stop trading and fast as possible, and to try to just invest and hold crypto. If he lost so much money already, and he didn't learn nothing for that time and for money spent, high chances are that he will never learn to trade, especially not here, where he needs to read all what people wrote and to try to apply that in his trading.
Trading is not for everyone, and its one of the reasons why I always try to suggest newcomers to start trading with some small amounts. Even if they lose some amount they will not regret it, and to try to learn as much as possible with that amount.