Choose altcoin for trading | Bitcointalksearch.org

que91

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Quote from: xuan87 on June 05, 2017, 12:34:08 AM

It is better to trade the coin that in top 10 if you don't have any experience or try to trade in small amount, trading alt coins is a bit tricky because the price is very unstable and the falling and rising is very fast and sometimes you need to wait for a long time, I suggest ETH or litecoin to trade, if you trade infamous coins maybe you need to wait for a very long time and sometimes you can lose all of your money

Litecoin just is a clone from Bitcoin, do you think it better than Monero, Dash or Zcash? Of course, I could not negate the community of Litecoin, it has a huge miner community and also has Asic for mining from 2011 or 2013 (I do not remember exact) till today

BTCdoaA

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ETH is a good investment but news coming from Russia central bank about rejecting bitcoin and altcoins to be treated as fiats so better to stay with bitcoin only for the coming week .

Dikobit

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you need relatively stable coin with wave pattern, something that recover the dips in max 1-2 days so you qill never be stuck in the position

Raja_MBZ

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Buy ETC right now if you need short-term profit from trading.

Ethereum Classic and Ethereum, both are going to recover very soon from the damage.

ShadowBits

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i think where to trade is one to consider too
some platforms keeps on delisting coin more often than the others
in choosing altcoins i usually go for the the one who has the deep dump then do a short trade
sometimes i hold some potential coins

andrei56

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Quote from: SIHIN on September 05, 2017, 11:31:36 PM

to start tradingquickly select new coins because the movement is definitely fast and we can benefit from it. but for long trading choose a potential coin and also coin which has dev who always update the latest news about the coin. For long term trading i suggest to choose stratis, ETH, WAVES, WINGS

That does not seem like the best advice what I mean is a newbie is probably not going to be able to react as quickly to the signals that the market sends as an experimented trader so I think it is better to start with a market that does not move as much in order to learn the ropes of trading.

naidray

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Quote from: betadin66 on September 05, 2017, 11:39:47 PM

Quote from: Argoo on August 27, 2017, 12:11:46 PM

To engage in trading in the crypto currency market, one must know this market well. You need to start with the old trusted crypto currency. However, it seems to me that bitcoin is not suitable for trading, since it has large commissions and a considerable amount of transactions. Bitcoin is more suitable for long-term investment. From altcoyins for this purpose is suitable Ethereum, Litecoin, monero and others.

thats right, it is bitcoin as a long term investment and also as a reference coin other prices.
I think trading using bitcoin is one of the bad things, and trading using Ethereum is the best thing

Yeah, trading is a dangerous job and we need a lot of patience plus smartness to make good profits in trading. Trading is quite risky and bitcoins are the most expensive digital currencies. We cannot waste our time precious bitcoins in trading.

I personally also believe that altcoins are best for trading whereas bitcoins are good as long term investments.

betadin66

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Quote from: Argoo on August 27, 2017, 12:11:46 PM

To engage in trading in the crypto currency market, one must know this market well. You need to start with the old trusted crypto currency. However, it seems to me that bitcoin is not suitable for trading, since it has large commissions and a considerable amount of transactions. Bitcoin is more suitable for long-term investment. From altcoyins for this purpose is suitable Ethereum, Litecoin, monero and others.

thats right, it is bitcoin as a long term investment and also as a reference coin other prices.
I think trading using bitcoin is one of the bad things, and trading using Ethereum is the best thing

SIHIN

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to start tradingquickly select new coins because the movement is definitely fast and we can benefit from it. but for long trading choose a potential coin and also coin which has dev who always update the latest news about the coin. For long term trading i suggest to choose stratis, ETH, WAVES, WINGS

felipe04

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Everytime the xem fall sharply i always buy because i think this is good for invest,try xem in choosing some altcoins this is best

andrei56

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Quote from: OracionSeis on August 27, 2017, 01:27:08 PM

Quote from: Sahabat_ on August 27, 2017, 10:03:35 AM

Quote from: Ziskinberg on August 27, 2017, 02:28:27 AM

Quote from: bandungan on August 27, 2017, 02:24:25 AM

because the altcoin is very a lot of choices, a lot of coins altcoin that have sprung up with varying prices. altcoin have a future very good and also movement rate.

Altcoin is good if you are a real gambler, with the cheap price you can stock a lot with different altcoins and we might make profit instantly when the price will pump. There are a lot of new coins that started cheap and just a short period of time the price pump so hard because investors sees great news and devs are working hard to follow its road map successfully.

Really altcoin if used by a skilled person will generate huge profits,
let's say with just trading in bittrex if the expert would surely know the moment to buy or sell it. and will give results.

To be honest, do not have trader on market can sure 100% they always winner on market, even sometimes whales still need take loss if their scenario cannot make trader on market going as their predict. Cool

Correct there is not a way to win all the time in the market, I always think of the market as a game, is there a single person that wins every single game they play? Yes but there are very few, most other players lose some games and the same logic needs to be applied to trading since it is impossible for most people to win every single trade and we need to accept that fact.

shine1123

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Quote from: MURONDI on June 04, 2017, 04:01:14 PM

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market, For example digieuro

I think there is no altcoin that have a stable price, most of them are not stable. Especially when the price of bitcoin decrease/increase, it will affect the price of altcoin for sure. My advice is before you trading that altcoin, it's better to find many information about that coin first. If the dev will announce some big news about that altcoin, go buy it because the price will increase for sure.

andrei56

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Quote from: asepsetiawan1990 on August 20, 2017, 08:31:25 PM

Quote from: MURONDI on June 04, 2017, 04:01:14 PM

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market, For example digieuro

You should update frequently about newly introduced coins into the market for example BQX. Usually the coin has a pretty good exchange rate. Provided that there should be able to see the exchange rate that has a good quality. If for trading altcoin better short term. Substitute ETH, BCC, LTC, Etc.

The problem is that the op wants to trade a stable coin and that is almost impossible, even one of the most stable coins like bitcoin can have wild price swings in the matter of weeks, so the op will have to get used to these movements in the market, since those movements are going to be present for a long time.

OracionSeis

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Quote from: Sahabat_ on August 27, 2017, 10:03:35 AM

Quote from: Ziskinberg on August 27, 2017, 02:28:27 AM

Quote from: bandungan on August 27, 2017, 02:24:25 AM

because the altcoin is very a lot of choices, a lot of coins altcoin that have sprung up with varying prices. altcoin have a future very good and also movement rate.

Altcoin is good if you are a real gambler, with the cheap price you can stock a lot with different altcoins and we might make profit instantly when the price will pump. There are a lot of new coins that started cheap and just a short period of time the price pump so hard because investors sees great news and devs are working hard to follow its road map successfully.

Really altcoin if used by a skilled person will generate huge profits,
let's say with just trading in bittrex if the expert would surely know the moment to buy or sell it. and will give results.

To be honest, do not have trader on market can sure 100% they always winner on market, even sometimes whales still need take loss if their scenario cannot make trader on market going as their predict. Cool

SUPERSAIAN

legendary

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Quote from: spotface on August 27, 2017, 05:35:53 AM

ETH has been altcoin trading king since years.

Ethereum is like Bitcoin, a store of value, an entry point for all ICO's and trading exchanges. Ethereum always have the value.
When you choose altcoin for trading you should look out for better investment parities. If you play with small money better percentage is desperately needed.

Difftic

newbie

Activity: 53

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Quote from: Argoo on August 27, 2017, 12:11:46 PM

To engage in trading in the crypto currency market, one must know this market well. You need to start with the old trusted crypto currency. However, it seems to me that bitcoin is not suitable for trading, since it has large commissions and a considerable amount of transactions. Bitcoin is more suitable for long-term investment. From altcoyins for this purpose is suitable Ethereum, Litecoin, monero and others.

I agree trading altcoin is not just as easy as 123 you need to know how it works fundamentals plus technical analysis is the key to have great profit.

Argoo

sr. member

Activity: 2464

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To engage in trading in the crypto currency market, one must know this market well. You need to start with the old trusted crypto currency. However, it seems to me that bitcoin is not suitable for trading, since it has large commissions and a considerable amount of transactions. Bitcoin is more suitable for long-term investment. From altcoyins for this purpose is suitable Ethereum, Litecoin, monero and others.

trecore4

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Quote from: MURONDI on June 04, 2017, 04:01:14 PM

The amount of altcoin is overwhelming,
So I am confused to choose a good altcoin for trading, Can you please mention any coin whose price is stable, So I can include it in my trading list,
I once had a bitter experience, I bought altcoin, but in the end it did not sell And lost from the market, For example digieuro

I would choose the coin which is most popular in terms of advertising and its publishing through the forum. The reason is simple, the ICO or coin offerings in short which is investing a lot in the market will always get a big launch in the exchangers. These coins in stages will also keep doing the great performance you should stick to them for long terms. They benefit a lot from this and you get the returns too. Rest you can go searching most traded coins and coins with bigger volumes.

Sahabat_

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Quote from: Ziskinberg on August 27, 2017, 02:28:27 AM

Quote from: bandungan on August 27, 2017, 02:24:25 AM

because the altcoin is very a lot of choices, a lot of coins altcoin that have sprung up with varying prices. altcoin have a future very good and also movement rate.

Altcoin is good if you are a real gambler, with the cheap price you can stock a lot with different altcoins and we might make profit instantly when the price will pump. There are a lot of new coins that started cheap and just a short period of time the price pump so hard because investors sees great news and devs are working hard to follow its road map successfully.

Really altcoin if used by a skilled person will generate huge profits,
let's say with just trading in bittrex if the expert would surely know the moment to buy or sell it. and will give results.

spotface

newbie

Activity: 1

Merit: 0

ETH has been altcoin trading king since years.

Topic: Choose altcoin for trading (Read 12084 times)