Topic: Altcoin trading guide? (Read 1350 times)
there's no guide for trading altcoin, if it's a new alt, it's only about your luck, if it's an old coin, it's all about highest price reached and at what price is trade at that moment, so you can consider to buy low and sell high if the coin rise again.
There are various strategies and tecniques of trading altcoins. If you take a look into the mining section of this forum I'm certain you will find the best tips to help you trade altcoins in a profitable manner.
I've been searching for altcoin trading
Buy low, sell high, quite simple
What exactly are you looking for?
and pump & dump
Pump: You need to have some funds. Start buying a coin, eat up sell orders. As soon as other traders notice the increase in price and volume, they start buying, too. If the price is high enough, you sell your accumulated coins while others still buy. Unloading your big amount of coins will cause a price drop (dump) which will make others instantly selling, too. In the end, there are lots of traders who bought at too high prices and only a few made profits.
Doesn't have much to do with real trading, it's fooling people and making money while they are losing at lot (some even everything they own, due to greed).
If you don't have a lot of money and know what you are doing, you better forget the p&d game. You will only lose.
looking for this kind of info myself.
Searching the forum i'v found some references to Coinigy youtube channel - https://www.youtube.com/channel/UCdaJtMEVnuhTXSsSwA93sGA
don't know how good it is but i'm giving it a try. I'l let you know if i find the info in these talks valuable.
Searching the forum i'v found some references to Coinigy youtube channel - https://www.youtube.com/channel/UCdaJtMEVnuhTXSsSwA93sGA
don't know how good it is but i'm giving it a try. I'l let you know if i find the info in these talks valuable.
I've been searching for altcoin trading and pump & dump on the internet but none make me understand how to do that.
Can anyone teach me or maybe give a link to the best guide out there? Ty in advance, have a nice day
Can anyone teach me or maybe give a link to the best guide out there? Ty in advance, have a nice day
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