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Author Topic: Which coins are easy to trade?  (Read 485 times)
TWW
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March 24, 2021, 02:15:46 PM
 #21

considerations that you have to do is, your market, assets, and capabilities.
If you go to the Binance market, then you can see the assets with the most trades. Or you can look at the assets with the best potential for trading with the knowledge you know. after you buy it you can determine the advantages or disadvantages of your ability.
because every asset on the binance exchange, has a good trade. you can freely choose it.
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March 24, 2021, 02:25:12 PM
 #22

When asked, Which Coins are easy to trade? I think all kin is very difficult for me. The highly volatile price of coins makes it difficult for me to speculate on which coins will provide an advantage.

Without proper knowledge and interest to seek for more information about any project that you are going to invest / trade
everything is really hard.

You are also risking your investment, but, if you have the right sets of attitude searching  for every aspects, the chance is far
better than those who are not taking their time studying.


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Sayeds56
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March 24, 2021, 02:25:23 PM
 #23

The simplest answer to your query is that all alts are easy to trade provided you are trading them on good exchange like Binance where Liquidity is not an issue and trades are executed within seconds. When we talk about good projects of alts then i suggest to trade only Top 20 coins listed on coinmarketcap because most of them have good track record of performance except XRP which is riskily because of Lawsuit of SEC. I would further suggest to gain some knowledge about Technical indicators/charts before you take entry in any trade.

https://coinmarketcap.com/

https://www.youtube.com/watch?v=C-770uuFILM

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March 24, 2021, 02:36:31 PM
 #24

Good on you! You’ve managed to develop good strategy for OMI. Maybe you are very talented trader.  Try to trade with Polkadot. I think you’ll love it. Its chart is not very volatile but if not to be greedy you can always make 1-2$ profit from 1 polka. And, of course, BTC is always a good variant for investments because it is very volatile and can bring much more profit per day than any alt.
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March 24, 2021, 03:22:48 PM
 #25

Hi,

I just wanted to start by saying, I'm not a trader and I don't know much at all about charts, I realise that attempting to trade without such experience is a risky strategy but I've invested a lot of money into OMI and whilst watching it like a hawk, I happened to notice that it could be very easy to trade.

Although, NFTs are now the new blockchain base project making waves in the crypto currency market but invest in project base In it been easy to trade doesn't look so good and is also the habit of invest much in OMI. I will advise you reduce it and invest 50% in BTC now that the price are dump.


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March 24, 2021, 03:27:15 PM
 #26

I don't think there is a coin easy to trade even the Bitcoin that is less volatile than altcoin is hard to predict which will be the next move. The thing is we are in a volatile market, every minute price changes making it difficult for traders to speculate the market. Gladly you are making a good run on your coin right there, it seems new to me though perhaps it is newly created yet you can able to get a good profit. However, always be careful perhaps it is on the hype right now but you never know later it might change. It would be a lot safer if you wouldn't place your money in there.
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March 24, 2021, 11:15:34 PM
 #27

You need to becarefull if you want to trade altcoin, especially if the coin marketcap is still small, look at the volume, and look at the bid and offer at the exchange ( cex / dex ). I am for once buying new altcoin which is small matketcap and i bought it because of fomo, after i bought that coin i can not sell it or if i want to sell it i will lose 30% of my money immadietly, because of the spread between buy and offer is 30%.

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March 24, 2021, 11:41:42 PM
 #28

Thanks guys, I appreciate all the feedback. Turns out I actually really enjoy attempting to trade so I'm going to try to find some more decent youtube videos to get stuck into while Bitcoins playing up. Cheers
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March 25, 2021, 12:52:37 AM
 #29

From my personal experiences XRP or ripple is easy to trade . It is present to all major crypto exchanges and wallets. It is generally cheap and fast. But not as profit gain . Ripple is easy to trade by far.

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March 25, 2021, 01:15:18 AM
 #30

Look, it is easy to trade if you already are confident enough that you gained more knowledge and know useful tools for trading. Also, if you have lots of experience in trading, it will now be easy for you to trade any coin that you choose. However, it is also important to choose crypto coins that are potential and have a high trading volume.
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March 25, 2021, 02:42:54 AM
 #31

If I say you are more like a gambler playing a win and lose game and betting on your luck rather than a trader. Still as a way of saying to many people, learn and learn when you are ready, then come back to ask the problem, but no one can explain to a goose-headed person who understands all the problems.

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March 25, 2021, 02:56:04 AM
 #32

You initially planned to HODL the coin.
That's a bad start.
You cannot get emotional with these coins when you start trading them.
I am just telling this base on experience. When you are trading you always just plan for profit or better have a cold heart with this projects.
Falling in love with them will mess up your decision making. Don't confuse trading with investing to avoid being rekt.

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March 25, 2021, 03:24:27 AM
 #33

~
There ain't easy ones. Just happened to be unstable that plays favor in our trades.
OP seems to ask for trading advice instead of shilling coin so there ain't something to worry about.
Either way, I ain't convinced enough anyway into investing to the mentioned coin in the OP.

Agreed with the diversification part, though one should control how he/she diverse his/her investment around the market. Choose few baskets that are among the top coins then if one still have spare then try to look for other coins though I wouldn't advise it.

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March 25, 2021, 03:51:42 AM
 #34

If I say you are more like a gambler playing a win and lose game and betting on your luck rather than a trader. Still as a way of saying to many people, learn and learn when you are ready, then come back to ask the problem, but no one can explain to a goose-headed person who understands all the problems.
that's what he has to do. looking for information to enrich his knowledge. then he can gain experience by trying it. when he experiences mistakes and problems then everyone can give him a solution.
for now, I think the best solution he can come up with is this.
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March 25, 2021, 09:29:58 AM
 #35

Every coin at the market will have difficulty to trade and we need to find which coin can better than the other so we can have a chance to make a profit. It is why we need to analyze every coin that we want to trade, even for bitcoin, because that is the beauty of trading to find the right coin to trade. It is worth analyzing one by one because when we can get one or more coins and that coin really increases so high, we can feel satisfied with what we did before, and we will want to repeat the process to find the next potential coins.

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March 25, 2021, 10:50:35 AM
 #36

Well, good for you that your beginner's luck activated. At such scenario, most of the times when you just hastily buy a coin without DYOR, without knowing how to read indicators, your trade will just go to waste. But then, it is still lucky that OMI still performs well and you probably sell just right with your own style of trading.

But, a piece of advice. It will not always like that which it will always go with your side. You should at least learn basic trading tools like technical analysis, stop loss and trading management.
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March 25, 2021, 11:06:08 AM
 #37

what did you mean by easy to trade mate, ?
because for me a coins with good trading volume is good for daily trade too, and that could be same with easy to trade
for example bitcoin, ethereum, BNB, polkadot and other top coins
regards

The top most coin will be easy to trade. Because it will be listed in the many of the exchanges.And it also can be converted to the bitcoin and then to your fiat based on the requirements of money.Sometimes it's better to hold money then of selling with a emergency.Because it will cut your profit from your hand.

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bonyaserg
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March 25, 2021, 12:01:16 PM
 #38

For me personally, selling or buying different coins is commonplace. So anyone who wants to buy coins can easily learn how to buy on different crypto exchanges. In my opinion, it is easy and affordable to trade coins with everyone. You just need to have a little experience when making a deal.
BaeSuzy
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March 25, 2021, 12:57:08 PM
 #39

I think if the coins has a lot of volume it will make more easier to trade, especially the coins who got listed in big market like binance It so easy to trade because the coins has high volume, it so easy to put buy or sell order.

MuffinMaster
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March 25, 2021, 12:58:29 PM
 #40

Many think crypto trading is just buying at dip and selling high, those who think that crypto is that much easy always end up losing money. There is no coin that can be traded easily, every coin need proper attention and prior knowledge before you start investing in it.

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