Topic: Altcoin Daytrading (Read 3430 times)
Using Btc-e for trading altcoins is a good option for me,condition is that you be patience and never put of something that you cant afford to lose onto this game
http://cryptocoinradar.com may help you with your daytrading needs by revealing altcoins whose price/volume fluctuated recently.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
Hmm..thanks for this link. Might be quite useful
http://cryptocoinradar.com may help you with your daytrading needs by revealing altcoins whose price/volume fluctuated recently.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
This with a bot on Bittrex and you can make some good profit.
http://cryptocoinradar.com may help you with your daytrading needs by revealing altcoins whose price/volume fluctuated recently.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
The service shortlists hundreds of tradable cryptocoins to the few ones that are trendy now.
if you have to ask - You should probably stay away from doing this! as 99% you will loose your ass if you have no experience whatsoever trading something else already
its more or less like trading stocks=but much easier and higher returns tho.
its more or less like trading stocks=but much easier and higher returns tho.
Are there any tips for daytrading here? I was thinking to pick the Alts that have a high Volume % (cfr coinmarketcap)? Is this a good idea?
I created a account on Cryptsy. But find it hard to pick the right trade. I searched for tool - a ticker or something to "monitor" my Stats for Cryptsy, but was not able to find something.
So I guess Ill try BTC-E, Metatrader and QT Trader.
So I guess Ill try BTC-E, Metatrader and QT Trader.
Also BTC-e allows you to use Metatrader 4, which is a very nice forex trading platform. You can do a lot of technical analysis with charts, indicators, etc. Totally worth the free price.
Thanks for the tip. I had not heard of Metatrader.
Ive been doing a ton of speculating; like everyone else using sites like http://dustcoin.com/mining and http://www.coinwarz.com/cryptocurrency
I imagine PPC, terracoin and whatnot should be viable with the SHA ASICs.
Have certainly considered setting up my own 1.5~mhash scrypt rig; why not both?
using sites like http://dustcoin.com/mining and http://www.coinwarz.com/cryptocurrencyI imagine PPC, terracoin and whatnot should be viable with the SHA ASICs.
Have certainly considered setting up my own 1.5~mhash scrypt rig; why not both?
Another noob considering dipping my foot in there; finally got some btc so i've been drooling over ANTminers.. cubes.. oh the humanity!
Considering they will be able to at least be able to still mine the SHA coins for use with trading. That helps with my noob anxiety.
I wouldn't recommend it. I don't think there are many new SHA coins and I don't think that any developer plans on making a SHA coin. Considering most SHA coins have been around for awhile and the difficulty is pretty high..Considering they will be able to at least be able to still mine the SHA coins for use with trading. That helps with my noob anxiety.
If anything, I'd suggest buying a few video cards and making your own rig for Scrypt mining or waiting for the Scrypt ASICs which will be very versatile and a worthwhile investment, I'm sure; since that would let you basically get rich off of any upstart (not to mention mining say Doge, StableCoins, Mega, Lotto, etc....etc)
Another noob considering dipping my foot in there; finally got some btc so i've been drooling over ANTminers.. cubes.. oh the humanity!
Considering they will be able to at least be able to still mine the SHA coins for use with trading. That helps with my noob anxiety.
Considering they will be able to at least be able to still mine the SHA coins for use with trading. That helps with my noob anxiety.
Altcoins certainly hold a lot of potential for substantial gains, at least in the short term, over Bitcoin ( and Litecoin). Its simply a matter of picking the right ones. Which ones are different, really. Innovative. Catchy, even. Know when to get in and when to get out, if necessary.
They can be extremely profitable.
They can be extremely profitable.
Also BTC-e allows you to use Metatrader 4, which is a very nice forex trading platform. You can do a lot of technical analysis with charts, indicators, etc. Totally worth the free price.
good fun 
I tried this, but I always seem to buy just before a dump and then buyback right before the values jump up again 
went from ~1.2BTC down to 0.4BTC just from either buying/selling at wrong time or having money as USD when there was a big jump in value.
A lot of random luck needed from what I have seen.
went from ~1.2BTC down to 0.4BTC just from either buying/selling at wrong time or having money as USD when there was a big jump in value.A lot of random luck needed from what I have seen.
You might want to try using BTC-e with QT Trader, it works good for me. Not a whole lot of currency pairs, but I can move from BTC to LTC and FTC easily
Probably not going to get much advice in the newbie section. IMO play around and work out your own style, I'm still working on mine.
Also keep in mind when the whole scene is going up it's hard to not make coin, but don't kid yourself into thinking that you're making coin because of your own skill.
Also keep in mind when the whole scene is going up it's hard to not make coin, but don't kid yourself into thinking that you're making coin because of your own skill.
Bump? Any more FX or crypto trading information or personal experience would be extremely appreciated. I can follow a coin well when it has a large popular premise but I don't understand stuff like fear and greed or how they drive the market. In relation to that I also don't understand and I fail to see predictable patterns in currency economics relating to fear and greed that some are keen enough to exploit. Anyone?
You should threat it mostly very similar to as you would trade penny stocks.
I only know demos for forex trading. It's a good training anyway...
an example is FXCM
an example is FXCM
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