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Topic: Best time to trade Altcoins? (Read 450 times)

member
Activity: 308
Merit: 10
January 11, 2018, 07:07:32 AM
#52
You can view https://coinmarketcap.com/  and when you are in profit stage its a best time to sell and trade as well.
member
Activity: 112
Merit: 10
January 11, 2018, 05:28:37 AM
#51
I think Trading is like gambling that you must be lucky to choose the right time to trade.
The right time is when you think that you already hit your target profit.
Its a best time to buy some good altcoin.
I like XRP, NXT, Waves and others good coin.
full member
Activity: 225
Merit: 100
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January 08, 2018, 06:02:25 PM
#50
For expert crypto traders, best time to trade Altcoins is always, because there is always plenty of possibilities for entry point in this crypto market, they arealways catching red for buy and green for sell.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
January 06, 2018, 09:44:33 AM
#49
In my opinion, the best time to trade altcoins is when the price of btc goes down and your altcoin is high because you will get more number of btc and I'm pretty sure that the price of btc will rise again after the dump because has established name unlike other coins.
newbie
Activity: 5
Merit: 0
January 06, 2018, 09:31:15 AM
#48
It is really best time, when speculation is high on what will become the new year 2018
sr. member
Activity: 1498
Merit: 443
January 06, 2018, 09:17:47 AM
#47
I think this month until next month is not the time to sell altcoin because Bitcoin news will go up very warmly, so altcoin has not risen perfectly yet. it's better to wait for Bitcoin to be stable than to take losses
full member
Activity: 308
Merit: 100
January 06, 2018, 09:13:26 AM
#46
There is no opening time and closing time for crypto currency only good speculation and bad speculation if good news comes coin value increase bad news will decrease . Day trading almost like gambling luck also involves.
full member
Activity: 364
Merit: 130
January 06, 2018, 07:21:16 AM
#45
I am not sure that there is a best time for trading alts. Every moment is fine, if you know what you are doing. So many factors influence prices, and the more factors you know, the easier it will be for you to make good trades - that's it.

yes, of course there is. Other than what you said that "So many factors influence prices, and the more factors you know, the easier it will be for you to make good trades", is one of them. Besides, If you've been fighting in the world of trading cryptocurrency for more than a year, I'm sure you've been able to read the market conditions of altcoin itself. When bitcoin is at a peak price in a period, that's a good time to buy altcoin, because when bitcoin has a healthy correction, it's the turn of altcoin that has risen in price.
full member
Activity: 1470
Merit: 105
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January 06, 2018, 06:57:23 AM
#44
I do not think there's a good time to sell altcoin, it's all up to you whether you are satisfied enough to benefit from the altcoin if it is sold or you still expect it to rise again, so the right time to sell altcoin depends on you own.
full member
Activity: 308
Merit: 100
January 06, 2018, 06:43:20 AM
#43
Really day trading is not much profitable in crypto currency buy cheap coin and HODL until it turn out to be a huge profit in very rare case it will become nothing or scam . Find good potential coin buy and HODL . Dont go behined short ime profit.
full member
Activity: 284
Merit: 112
January 06, 2018, 06:39:16 AM
#42
I am not sure that there is a best time for trading alts. Every moment is fine, if you know what you are doing. So many factors influence prices, and the more factors you know, the easier it will be for you to make good trades - that's it.
member
Activity: 154
Merit: 10
January 06, 2018, 06:30:40 AM
#41
I think it is better to hold your altcoins for a while, wait until the price of your alt doubled from the time you bought it.The right time is when you think that you already hit your target profit. Don't be impatient because you might just incur a loss if you don't wait for the right time.

And if the price will go down in 2 times? I saw that kind of examples and that is regular things to happened.
hero member
Activity: 756
Merit: 629
January 06, 2018, 06:23:16 AM
#40
Volatility of an altcoin is one of the reasons why every trader was afraid of, but if you're a trader with a brilliant thinking you won't be able to feel that, as long as you've choosen a good coin. We could not compare crypto currency with stock market, because this is involving digital money that circulates through blockchain, and yet stock market was with physical money which is a fiat cash investment. Although its also a trading but in an actual basis their system of money making acts apparently.
Is not this big volatility what traders want? In markets with minimal volatility, traders use the margin trading to boost it. I think everyone who works in the market of altcoins is satisfied with their volatility. If they were not interested in it, they would trade USDT.
full member
Activity: 182
Merit: 102
January 05, 2018, 05:59:54 PM
#39
I think it is better to hold your altcoins for a while, wait until the price of your alt doubled from the time you bought it.The right time is when you think that you already hit your target profit. Don't be impatient because you might just incur a loss if you don't wait for the right time.
member
Activity: 224
Merit: 11
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January 05, 2018, 05:36:21 PM
#38
There are actually 2 best time in trading about altcoins more likely to be the best time when to buy and the best time when to see your altcoins but regardless of these, both need effort and time to monitor your investments whenever the market changes making steps that would give you advantages and greater profit.
sr. member
Activity: 420
Merit: 250
January 05, 2018, 05:32:03 PM
#37
Bitcoin is at the edge of moving lower or moving higher, and we know that everytime Bitcoin price make a movement altcoins will going to bleed, I recommend you if you holding Altcoins, always put your stop-losses set on. There is no the best time when to trade, it depends on the market condition.

Stop loss orders are must if you deal with trade altcoins on the markets. But the thing is that it's hard to make money in stable price markets, that's why we need dynamic prices to earn money from them.
hero member
Activity: 826
Merit: 501
January 05, 2018, 05:29:35 PM
#36
Just like the stock market opening time and closing time is the most volatile what do you guys think the most volatile time is for altcoins? When Asia starts the day? Maybe US starts its day? I noticed US time has most the drops. I understand concurrency as a whole is very volatile at all times but still want to get peoples opinions on when they think its most volatile.   

Cheers to the community  Cheesy

Not that simple, altcoin similar with stock market but not same. If you're stock market player, your post is correct but I'm afraid altcoin can't analyze by open market like stock/ currency ( Asia - Europa - USA ). Altcoin is one trading direction and not two direction like stock/ currency. Besides that, stock/ currency has verified alert news but altcoin doesn't have it. About drop at US time is not because time, but big player replace their money and push news to make supply & demand not balance. Fix your strategy mindset before too late.  

Volatility of an altcoin is one of the reasons why every trader was afraid of, but if you're a trader with a brilliant thinking you won't be able to feel that, as long as you've choosen a good coin. We could not compare crypto currency with stock market, because this is involving digital money that circulates through blockchain, and yet stock market was with physical money which is a fiat cash investment. Although its also a trading but in an actual basis their system of money making acts apparently.
hero member
Activity: 602
Merit: 500
January 05, 2018, 05:25:10 PM
#35
Best time to trade with altcoins is now, bitcoin increasing make all altcoins to go down, now u can buy very cheap altcoins, after buying be patient and u ll have big profit.
full member
Activity: 266
Merit: 122
January 05, 2018, 05:18:06 PM
#34
Crypto currencies are unpredictable as much as you want to choose the right openingvor closing time when trading still you cannot choose it properly. Trading is like gambling that you must be lucky to choose the right time to trade but unlike gambling you can try to research how the turnover most likely to happen in crypto so you can choose the good timing to trade.
member
Activity: 226
Merit: 10
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January 05, 2018, 05:10:52 PM
#33
I think it's very difficult to predict here, so everything is not stable,do not think about it,just take and trade
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