What do you trade?

[AakZaki]

~snip~
If you are into that plan, you make research first. Don't jump into this field if you aren't ready yet, otherwise, you will be filled with regrets and discomfort.

Research is very important before trading, because by doing research we will know which coins are good for trading. Some of the coins that are on the CMC Top 10 list I think are pretty good coins. Some of them are as you mentioned BTC / USDT or you can also choose ETH, XRP, LTC and others.

If you don't have the basic knowledge about trading as a beginner, it is very risky. Because trading in cryptocurrencies is very volatile and if you are too panic it will be very detrimental.

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[Rasel5209]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

Most common is market volume. When you saw market volume increase this coin price increase after time. Every time you need to follow telegram group. A news make high increase coin price.

[Sled]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

Most common is market volume. When you saw market volume increase this coin price increase after time. Every time you need to follow telegram group. A news make high increase coin price.

It is just like you are suggesting coins that have been in a hype? I don't think it was a good suggestion coz it was a kind of a trap for noobs.

Following telegram groups just like a pump and dump group, trading signal, it just like you are risking your money. If we are into trading, it better to stop following them and stop relying on them but instead of making your own decision.

[Akiko]

My advice is right now focus on trading using BTC / USD or BTC / USDT, because now the Bitcoin price is being pumped,
so if trading with altcoins pairing will make your capital run out. So the best pairing for now is fiat or stablecoins,
if the Bitcoin price crosses the $ 20,000 resistance and the price after that starts to stabilize, then you can trade BTC / alts.

True you will never feel the a good gain in any altcoin if the Bitcoin bull is in dominance. More of the altcoin will fall if this things continue and that means you will lost the possible gain you can earn in trading altcoin when every altcoin is dumping. Like what happen today ,every one know when the BTC increase faster altcoin will be in red there is only few altcoin can survive it.

[blckhawk]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

When I am trading I usually choose those coins that have a higher volume because they are more certain than the coins that have low volume. Bitcoin and Ethereum was my primary coin to trade with while on the other hand, I am using USDT to liquidate or preserve their value when the downtrend comes. For you who are only about to start trading, I highly recommend using Bitcoin as well before going into some volatile altcoins because this really contains higher risk exposure. Investing in high volatility coins requires a lot of experience and knowledge in dealing with them otherwise you will only be filled with remorse.

[FanEagle]

I trade deer skin for dollars which I buy arrows with to go hunt bounty and give that to sheriff in order to get my gold. All red dead jokes aside, trading is something everyone does differently, there is no way to get a grip on trading by looking at someone else.

I understand that this copy trading methods and ideas are growing bigger and bigger, specially with companies that does allow copy trading on their websites spending thousands of dollars per day to promote the idea, but you could always be original and do your own thing and create your own profits without checking out what everyone else does. I personally do not really like it when people tell me what to do, I specially go against that and NOT do what they suggest me to do hence I have done fine so far, and still not cared what others advised.

[Ridwan Fauzi]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

Because trading is funny for some trader, they can get money as they wanted with a short time if they can. More than that, there so many people especially in youtube who told that they can get money fastly in trading, so by this thing new trader will easily enter to be a trader.

I do, every trader must have thier own strategy, not just copying another people strategy and make an entry with their strategy, you never get any profit at the end. I choose some coin that I must be watch their price movement, I only choose a coin who has increased/decreased comparing to another coin.

The coin which have a good sentiment market will give you a profit fastly as long as you set a profit target. Yeah this thing will be forgetted by some traders, they only put an entry and let it. Whereas the first thing that you should make it as a habit is set profit and loss target everytime you make an entry.

[posi]

Actually, I am a newbie so that I need much safer coins and also pairing for me. I am not good at market analysis so that being safer is enough.
- CHoose the top exchanges. I always trade in Binance and also top local exchange in my country.
- I always choose the top coins that already have good liquidity, trading volume, and also a market cap. I will not risk my funds into new coins, moreover hype coins. So far, I pick the top 20 that are selected by some.
- Trading pair that I choose mostly is the USDT or other stable coin in my local country. SOmetimes I use BTC/ETH/BNB but if their price is is still low.

The coins you said you sometimes used (BTC, BNB, ETH) are good coins and I will advise you to invest most in the coin since you are using Binance, you'll also get some other benefits from Binance through the BNB investment but 45% of all the top 20 are good for trading. However, I will advise you to improve your knowledge in market analysis and how to choose the right coin cause this is what i consider to be the most important fundamental in crypto trading.

[proTECH77]

I'm trading litecoin and BNB which I know with time it will change for my good to make a good profit. Many traders just focus on bitcoin in the market because of the steady pumping they are experiencing in the market, thinking other cryptocurrencies will not rise to over take bitcoin in the exchange market.
Since litecoin and BNB are increasing gradually in the market, show it will definitely improve before the end of this month to enable their customers to make a good income. With the price positive change of litecoin and BNB in the market show that all litecoin and BNB investors will soon experience positive change in their trade. 

[Silberman]

One thing that I am unsure about is how to trade during a strong bear market or a strong bull market such as the last few months. It seems like if you had tried to trade BTC for USDT during October or November for example, you would have likely lost a lot of money that you could have made just by hodling whilst the bull market was strong. Am I missing something here or is it generally better just to HODL whilst the bull market is strong?

That is why a strategy needs to be very specific, there are moments in the market in which the best thing you can do is simply to be out of them, if you are a trader and you see a strong bear market if you do not like to short then just say out of it and begin trading once the price stabilizes, and when the market is showing a strong bull trend then it is better to just wait until it reaches its peak, you need several strategies about what to do on the market depending on what you see since using the same strategy regardless of the market conditions is a mistake.

[BayAngelo]

There are materials that can help you perfect your trading skills. what you choose to trade depends on you. if you choose to trade altcoins. great for you, if you feels like trading btc and alts, make the best use of it. as you desire, stick to a pattern.
personally, i have different tradding platforms i used and different patttern for my trade. binance for top tokens in the coin market and bitmax for defi.

[sana54210]

Recently bitcoin increased a lot, if people check the bitcoin prices of altcoins and dollar prices of these coins they will realize that it is not as expected, bitcoin prices of many coins dropped a lot, bnb for example dropped like 30% in the recent few months, whereas price of it increased.

This is why I am collecting some trustworthy altcoins since I believe they will eventually reach to what bitcoin price they used to be , and of course bitcoin price is higher right now which means if altcoins go back to their old bitcoin prices their dollar price will shoot to sky. Things like ethereum, bnb, litecoin, eos, tron and wave so far, I am currently happy with them, I will probably keep reinvesting into them a bit more, not until they all have 1000 dollar each I will not look for another coin.

[CryptopreneurBrainboss]

- I always choose the top coins that already have good liquidity, trading volume, and also a market cap. I will not risk my funds into new coins, moreover hype coins. So far, I pick the top 20 that are selected by some.

You said everything right until this point which is why I just have to step in to avoid you making this mistakes. Top coins aren't always the best, them been at the top could be as a result of hypes which from your statement you're trying to avoid, which is applaudable. These days hardly before your see a newbie avoiding hyped projects, they feel that's their best opportunity to make quick money since that's what interest most of them before they picked interest in the industry.

Adhering to people suggestions when picking the best project to invest in isn't advisable, most suggestions are based on their personal preference which might not favour you due to your investment timeframe. Some investors would pick a certain project for short term investment but you that is hoping to invest for a longer term might get burnt as the project won't do well for that long.

A quick example are defi project that were topping ROI charts earlier this year, many of them aren't doing so well now and those that investment for a longer term are losing while those that only invested for the short term must have cash out massively. Always do your personal research and invest in project that suit your strategy.

[Lorokan]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

I trade crypto currency tokens and to put rightly in context; there are more than 4,000 tokens in the crypto currency that you can trade to earn and make profits. You can handpick your favorite trade pair be it a btc pair, eth or usdt pair. What is important is you understanding how to trade; the rest would come easy for you.

[martina14]

Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

I traded altcoins dude, and these altcoins are below 5 satoshi that has at least 5, 000$ and up in the exchange platform.
With these I could still have a big chance to earn Bitcoin in the future. And so far from 0.00025BTC within 5 days it turned into
0.00291BTC in which is not that bad at all, I'm just doing it compounding methods. This is just for one token only except other token
that I've also invested with the same amount of satoshi.

[DarkDays]

I try several in fact, but all are within top 50 or so by market cap. At a time like this, not many Alts do well, most money is drawn in to BTC so I try to take advantage of this as much as possible. Mind you, this type of day trading does take up your day but the market is generous enough to make it worth while.