Leonardo7 (OP)
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November 28, 2019, 11:51:09 AM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
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DaMut
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November 28, 2019, 12:05:49 PM |
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I only made a few trades lately because it was stressful, my current strategy to make money right now is running a masternode. I invested some of my money into a masternode project using a shared masternode platform to get a passive income daily, with it I do not need to make many trades to survive in this situation and I still can hold my bags until it is going up.
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Kvalentine
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November 28, 2019, 12:19:50 PM |
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Call me a dumb ass if you want cos i have no reliable way of making money from crypto for now but i keep buying the dips, one thing is for sure and that is nothing stay the same forever, bear market won't be here forever so i am a devoted crypto holder
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aioc
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November 28, 2019, 02:42:38 PM |
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Call me a dumb ass if you want cos i have no reliable way of making money from crypto for now but i keep buying the dips, one thing is for sure and that is nothing stay the same forever, bear market won't be here forever so i am a devoted crypto holder
No, you are not a dumb actually you are a believer and you are doing the right thing by buying every dip every wise investors and believer are doing just that, but be sure that you are only buying coins that have potential in the market, like those coins in the top 5, you can extend it to the top 10 if you prefer.
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biddicoin
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November 28, 2019, 02:59:48 PM |
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shorting is the best strategy when most of coins are dump. just take coins which reached peak, wait for some red candle for confirmation, then short it! it can give good amount of profit, just do money management so you dont get wrecked. set stop loss as always, dont use all your money in one coin, those are what should we do
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vintages
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November 28, 2019, 03:14:28 PM |
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For me, I do not think any altcoins are worth trading, at least not for this year but maybe in the coming year. There have been more red than green in the altcoins markets than there are last year. I would prefer to buy the dip and hodl, basically, my first choice will always be Bitcoin but I hold few amount of not just any altcoins but tops ones in the market.
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Ucy
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November 28, 2019, 03:18:38 PM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
Well, it's better to just stick to coins that really work and solve most of your problems ... Use and trade them. I really don't trade coins that are only useful for cryptocurrency trading. I should be able to buy alots products and services with the coin. And I would prefer to use it mostly peer-to-peer and decentrally otherwise it's not good enough cryptocoins and not worth my investment.
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Kambal2000
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November 28, 2019, 04:16:16 PM |
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Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
Having a strategy that we already test or seems to work on us is important. We should explore strategies that might work like trading with only few pairs or more or doing it more in that exchange or that exchange. Then see which strategies seems working to you. Trading and investing for me is a trial and error since we don't have guarantee what the market will be. We can do things whatever will make us profit, if we are comfortable and profiting in having a consistency strategy then it is fine, if we want to explore and try other strategies then it is fine too, whatever it is at the end of the day what's important is that we are doing our best to earn more, let's always goal to increase the profit and our capital in whether trading of investing.
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Flux0z
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November 28, 2019, 09:10:14 PM |
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I only made a few trades lately because it was stressful, my current strategy to make money right now is running a masternode. I invested some of my money into a masternode project using a shared masternode platform to get a passive income daily, with it I do not need to make many trades to survive in this situation and I still can hold my bags until it is going up.
Same, I'm running around 15 masternodes in a lot of different projects I believe in. Don't invest in masternode projects with no roadmap, or no products in sight though, as they'll crash and burn HARD. I'm saving up for a Blocknet masternode right now, as they profit from DEX fee's (Blocknet's DEX) which I believe will be the next big thing. The most exciting part though is their Xrouter, which is gonna solve the Oracle problem, in a more decentralized and cheaper solution as Chainlinks vision. A huge advantage is, they run on their own blockchain, meaning they don't rely on the Ethereum blockchain. Masternodes can be a great passive income, as long as you pick the right ones. Good luck!
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magneto
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November 28, 2019, 09:20:58 PM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
The downturn in the alt market is actually good in terms of helping flush out tokens that have no fundamental value to them. These were the projects that were ruining the name of the entire crypto market for being shady and sometimes even outright scams. But you're right. Don't jump from one coin to another when you're investing. Do thorough research into each coin's fundamentals and see which one has the best long term fundamentals. And then, pick the ones that are most undervalued right now. Don't follow the herd and go for the hyped up coins at the time. One such coin that fits this category right now is probably IOTA, imo.
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InwardContour
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November 28, 2019, 09:21:08 PM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
I've studied the market pattern (price movement) for a few coins and I've been trading them with little profit. It works for me, at least I win 70% of my trades since I don't usually aim for more than 20% profit. Also with stop loss in place, I'm sure I won't lose much supposedly the trade turns out unfavorable. I also watch out for some FA and take advantage, for instance I made good profit trading CORTEX seeing their victory for Binance listing competition with AERGO.
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livingfree
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November 28, 2019, 09:30:09 PM |
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IIRC IDEX token is aura right? Picking good coins doesn't still guarantee you profit but you have higher chance to make with those coins. The risk will remain but the chance of profitability is much higher than the unknown random coins.
I agree to you in the point of not making about thousands. This is good if you have a huge capital but for aspiring traders that are starting out their career and still acquiring experience, consistency is a factor that you've needed most which includes patience too.
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kceekcee
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November 28, 2019, 09:38:16 PM Merited by cytpoway121 (1) |
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Call me a dumb ass if you want cos i have no reliable way of making money from crypto for now but i keep buying the dips, one thing is for sure and that is nothing stay the same forever, bear market won't be here forever so i am a devoted crypto holder
Theres nothing wrong with being a devoted crypto holder, all you need more is to be smart. Be smart and pick your profit margin swiftly, and also when to cut loss.. Holding too many tokens will make you miss out on information about few, such as swaps etc. DYOR and invest, don't invest before doing researches.
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DarkDays
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November 28, 2019, 09:43:40 PM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
How exactly is Energi Token an example of a successful project? It has lost practically all of its value in the last 1.5 years and has literally zero trade volume. Anybody holding Energi Tokens now is completely screen since it has no liquidity. The token is even down 97% since its ICO and never had the trade volume needed to generate a profit. What drugs are you on OP?
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lolgato1
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November 28, 2019, 09:46:15 PM |
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Yes, it is very important to trade without any emotion, stop thinking about the market sentiment. If your portfolio is growing in a BTC value, that is the important thing, not the USD value. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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oktana
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November 28, 2019, 09:50:35 PM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
3-4 coins will make your activity to monitor prices more consistent to get enough daily percentage. But diversification sometimes produces more varied profits and we don't miss the momentum that comes from coins that experience actual moments. This will be better, but all strategies are based on the abilities of each trader.
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Chuky92
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November 28, 2019, 09:57:54 PM |
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Yes, never say never right? That's it, the world belongs to risk takers but also it's good making or taking calculated risks. What am driving at is, owing to the nature of the market it's wise for one to trade carefully and ensure he is grounded and armed with the neccessary knowledge about trading. However I trade but not like I used to, as am holding some of my coins and buying BTC the little I can.
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tenakha
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November 28, 2019, 10:09:41 PM |
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You are absolutely right about what you say. Greed so, always wanting more always causes loss. No matter how much the current price has increased, you always wait for more. Of course, the price rises until any point, then the price starts to fall, in the meantime you are still waiting, but this expectation to save your own investment, but it is too late. Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
My strategy: the right time and the right coin.
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Lauren Smith
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November 28, 2019, 11:47:45 PM |
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It is so true. Doing lots of meaningful research consistently watching and keeping an eye on things is when you make good trades. I prefer smaller more consistent trades. You can gamble on the fact that certain coons projects have updated with some new feature and that can cause a rose. If the coin has a use it is easier to predict especially if it has lasted at least a year.
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o48o
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November 29, 2019, 12:47:20 AM |
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No doubt the altcoin market has been a troubled one for the most part. Many have been burnt and more are still been burnt, in spite of all these, something good can still be made from this current market, it doesn't have to be thousands of dollars. I believe picking some good coins and consistently trading them can at least guarantee some returns. For example: Energi, IDEX token and some others have been a good trade. We need not trade all the market, we may choose to pick just 3 coins and trade the market respectfully without being greedy.
Having a determined and a consistence winning strategy is important to making a profit in a troubled market. I will love to hear the strategy you have been using to make money in this current market.
Sticking to 3 coins makes sense only if you picked the right ones. It doesn't make sense to hold on for some delusion that some day time will come for what ever you are holding. Fighting the price trend is just lazy thinking when you could stack more sats with the coins that already have started their bull run. But i understand that sometimes cutting your losses and ditching the project you believe in is scary as f.
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