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Author Topic: Guidance to trade altcoin  (Read 581 times)
matchi2011
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September 12, 2021, 06:48:55 PM
 #41

Your guide is going to be your inner self. Your knowledge of the market will guide you as you go through different altcoins in the market. It's going to be your thing as you invest in altcoins. You're asking things like everyone else because it's hard to know what coins will be existing for years. But you already have a hint and what are those will be because they're at the top but not all of those at the top will retain their position in the upcoming years.

As a beginner, it's really hard to pick coins to invest your money, it's true that the right guide is your own self.
You need to take down all the notes in properly sorting projects that have real case usages, coins that mostly invested
by people who believes that the development of the project will bring success.

Proper sets of plan as you go deeper into this industry, chances that knowledge will develop inside you and good
anticipation will rely on the instinct that you learn, coming from experiences that you'll going to have during your stay.

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blockman
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September 12, 2021, 10:47:35 PM
 #42

Your guide is going to be your inner self. Your knowledge of the market will guide you as you go through different altcoins in the market. It's going to be your thing as you invest in altcoins. You're asking things like everyone else because it's hard to know what coins will be existing for years. But you already have a hint and what are those will be because they're at the top but not all of those at the top will retain their position in the upcoming years.

As a beginner, it's really hard to pick coins to invest your money, it's true that the right guide is your own self.
You need to take down all the notes in properly sorting projects that have real case usages, coins that mostly invested
by people who believes that the development of the project will bring success.

Proper sets of plan as you go deeper into this industry, chances that knowledge will develop inside you and good
anticipation will rely on the instinct that you learn, coming from experiences that you'll going to have during your stay.
A plan is a must when you're investing with your hard earned money. You just don't go with the flow and whatever they say, they're going to give you tips of what you must buy. I've done that before and listened to random people that shilled their tokens and in the end, I was stuck with a loss and that's why it's important to still rely on yourself and you do your own research and look for better guides not just with random tips that you're reading on different platforms.

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September 15, 2021, 02:25:27 PM
 #43

Expect the unexpected, you may never know the future.I can advise you to be vigilant, research the coin you want to invest in. and choose your style for trading either short term or long term
short term:
*fast winning/ fast losses
*bigger risk with fast rewards proportionate of bigger investments
*doesnt take time as it is instant trading on the spot

long term:
*takes patience
*needs resilience of will to avoid FUD
*takes time

I hope it helps, It is only based on my experience

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September 15, 2021, 02:46:56 PM
 #44

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step

Many have given all the necessary advice but here is another thing you should put in mind.
Altcoins are difficult to trade because of high volatility they possess for long period of time, it's always difficult to hold supports and resistances unlike the Bitcoin and other high level coin on market cap.
Though, you can choose to scalp them especially when they are fundamentally bullish, it's so profitable to easily roll in and out of the market but be cautious of that as well.
Avoid shitcoins, they get pump hard but the reverse will send you bad image of trading, you wouldn't want to try them. Gold luck.

Tip: Don't forget reward/risk ratio, it's very essential in every trade.
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September 15, 2021, 03:12:32 PM
 #45

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
If you want to learn how to trade atlcoin, you should learn how to read charts and understand upload mechanism, learn about ATH, ACD, DIP prices and a lot of trading skills you need to learn and especially about emotions you should Learn to be patient and master your emotions.
The ability to choose assets is the main thing that a trader must-have.
the concept is simple, buy, trade, and sell profit.
in practice, it is not that easy. but to get more insightful knowledge must also be added with direct trading experience in the market. some exchanges have a demo feature that can be used. and it really helps us to gain experience in trading.
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September 15, 2021, 07:02:23 PM
 #46


A plan is a must when you're investing with your hard earned money. You just don't go with the flow and whatever they say, they're going to give you tips of what you must buy. I've done that before and listened to random people that shilled their tokens and in the end, I was stuck with a loss and that's why it's important to still rely on yourself and you do your own research and look for better guides not just with random tips that you're reading on different platforms.


For sure, you are not the only one who experienced that. There are more stories about being new
and randomly following those tips from social media or some influencers who self claimed that know the business well.

There are many pump groups who'll provide free tips, and by monitoring the actions from the exchange
you'll be convince but when you start following you will realize that it's more on losing your money.

Experienced will start opening your mind and lead you to plan ahead before dealing with any trades.

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September 15, 2021, 08:18:19 PM
 #47

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
Education is very important when it comes to trading and the way it helps you from getting into this is to spend time doing searches. I don't recommend you to rely on others (like signal groups) but to make it by your own. Because the more you are engaged into the market the more you've gained knowledge.

To tell you that, you can't find an easy way to make your plan succeed, it needs hard work and persistence. Not all gain success in trading is that because that all of them had tried to work it so well. I'm afraid if that will happen to you, so I would say that you need to have enough  time to further enhance your knowledge and skills.
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September 15, 2021, 08:58:06 PM
 #48

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
there are so many potential altcoins today that are worth trading. You only need to look at CoinMarketCap which is currently ranked 20 and above, you only need to check Altcoins in terms of community, smart contract development and altcoin utility.
If your intention is to trade then that is fine you could even grab some coins outside the top 20 and inside the top 100 to trade, but only do so if you have a very solid exit strategy and you can follow it to the letter, as those coins can move incredibly quickly and there is nothing worst than to trade the coin and then the coin begins to go down and instead of selling it and accept a small loss you prefer to keep holding and then the losses that could be small become massive.
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September 16, 2021, 10:44:58 AM
 #49

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
Find the names and do an extensive research and trust your judgment. BTW, Stakenet XSN is one altcoin worthy of an investment I must say.

- Undervalued but has high potential to rise with the upcoming launch of their beta Stakenet DEX.
- A project with real utility.
- Not a buy-product of hype or meme.
- Continuous development since 2018.
- Built by a wonderful team of professionals.
- Active discord/twitter community.

Please check it out.
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September 16, 2021, 12:12:48 PM
 #50

Now there are a lot of altcoins and it is not so easy to understand which altcoin will bring profit and will exist in the future, so you need to study each altcoin very carefully in order to understand whether it is worth investing in it or not, and in general, a proven option is trading with top altcoins like ethereum, bnb, litecoin, dogecoin and other top altcoins, because top altcoins have been on the cryptocurrency market already very long time and they will not go anywhere in the future.
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September 16, 2021, 06:00:21 PM
 #51

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
check coinmarketcap see top 10 positions. there you can see the recommended types of altcoins. choose according to your price and ability. trade carefully, I think this is the best step than you feel confused about choosing a coin
Yes that's good advice but again before choosing a coin we need to do our own research and analysis,
I think it's still important so that we can make the right decision,
what is clear is that not all coins can provide benefits and we must be really smart in choosing them

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September 16, 2021, 06:43:39 PM
 #52


Consider top-50 coins from coinmarketcap list. Check those projects who exist at least for 2 years and be sure that they will live further. But check the charts also. These coins should be pumped from time to time.
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September 16, 2021, 06:45:37 PM
 #53

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step

ADA, CAKE and TRON coins are coins that have good potential in the future, with the development they are currently doing, market conditions look normal and provide good potential for movement, I suggest you to study these three coins, if you have the desire to investing in the future, many analysts believe these three coins will have a good impact in the future, rather than buying another coin that is not certain to have a good impact and does not guarantee a price increase.

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September 16, 2021, 07:24:18 PM
 #54

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
I would constantly buy Top-10 coins and hold them for a long time, waiting for growth. You must first learn to trade in order to do it profitably. And it takes a lot of time. If you want to trade, then only Bitcoin.
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September 16, 2021, 08:33:10 PM
 #55

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
When it comes to investing in crypto currency we advice you do your own research. I can only give you a confirmation on your own discovery. My reason is that crypto investment is very volatile and has very high risk. No body will like to be blamed if  project fails along the line so do your research and bring up your findings then we can brain storm on the various projects to decide which is worth the risk
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September 17, 2021, 11:07:05 AM
 #56

To trade in ALT coins one needs to make a thorough research about that particular cryptocurrency or currencies. Today all the information is available on the internet and many cryptocurrencies have dedicated websites for people to get information about their coin and the projects they have. Go through their white paper and check all the related information about their blockchain. Even if you are just planning to trade, getting all the related information is important because you would want to put your money on a coin or coins that make you good money.
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September 17, 2021, 04:27:02 PM
 #57

I want to trade altcoin but I don't know the very coin that will exist and have future. I need guildance to take this step
You can see it on CoinMarketCap, before choosing the Altcoin you want to trade, you need to look at the volume of the coin and ensure stability in the market movement. You should also learn knowledge of market charts so that your decisions and targets can be achieved well. You should also choose coins that have proven liquidity, such as some potential altcoins that rank in the top 20 on CoinMarketCap.
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September 17, 2021, 04:42:14 PM
 #58

To trade in ALT coins one needs to make a thorough research about that particular cryptocurrency or currencies. Today all the information is available on the internet and many cryptocurrencies have dedicated websites for people to get information about their coin and the projects they have. Go through their white paper and check all the related information about their blockchain. Even if you are just planning to trade, getting all the related information is important because you would want to put your money on a coin or coins that make you good money.

Yes, all information must be collected completely if someone wants to invest, many sites, the web provide that information for us to learn, so that before we start investing we already have good knowledge and patterns in investing, if we can't collect this, then it's a very big opportunity the investment that we make will be problematic in the future, even to minimize the risk is quite difficult if there is no pattern that we do.

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September 17, 2021, 05:05:24 PM
 #59

Everything relies upon what kind of member you are, and where you can feel good. At the point when you discover the coin are searching for, you should twofold check with project site. Ensure you don't visit counterfeit site and purchase counterfeit coin or token from them. Whenever you have made your own viewpoint then you can visit the web and see what others are saying. While you do that return to the outline and recognize backing and opposition levels where the greater part of the exchanging happens.


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September 17, 2021, 05:09:48 PM
 #60

First of all, you should be very careful in a market like this. Not all of the coins in the market are credible. As you are a newbie, I would advise you to go for top altcoins like Ethereum and BNB. You can do a detailed research about Solana also. It is one of the promising projects in the market. You wouldn't want to miss a great opportunity. And the most important thing you should do always is to do a comprehensive research about a project before investing into it.

R


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