Choose altcoin for trading - page 13.

Ziskinberg

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Quote from: ladydark on July 12, 2017, 12:36:57 AM

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

Since you are a newbie,you could choose older coins like ethereum,monero,dogecoin so that your investment would be a little safe.Just do a research of altcoins and see its price history and then select the coin.Don't choose a coin just for the reason that its price is increasing.It may be a pumped coin and we don't know when it would be dumped.

Old coins for me is like for long term hold, since there's a lot of coins today in the altcoins market you can always choose the best one with the best price. What we can see with new coins is that price is still a little above ICO or under ICO but these coins has a good chance to give us profit like 100x folds.

ladydark

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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

Since you are a newbie,you could choose older coins like ethereum,monero,dogecoin so that your investment would be a little safe.Just do a research of altcoins and see its price history and then select the coin.Don't choose a coin just for the reason that its price is increasing.It may be a pumped coin and we don't know when it would be dumped.

ladydark

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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

Since you are a newbie,you could choose older coins like ethereum,monero,dogecoin so that your investment would be a little safe.Just do a research of altcoins and see its price history and then select the coin.Don't choose a coin just for the reason that its price is increasing.It may be a pumped coin and we don't know when it would be dumped.

Japinat

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Quote from: chickenado on June 12, 2017, 11:02:45 AM

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

My mentor said " Don't fear to trade top 10 coins in coinmarketcap " If you buy high price sell them at higher price. If the coins dump at lower price wait til it pumps. Fight your fear. Now I'm trading Humaniq, Xem, Ripple, Ethereum, STR, and Etc. Trade the coins that pumps and dumps everyday so that you can roll everyday.

I think you are did not follow your mentor, lol.. You are trading Humaniq which is not in the top 10, but anyway dude you did the right thing.
For me, I trust the top 10 but I am more aggressive in a low marketcap since they have a good chance to pump, HMQ is one of my holdings FYI and I will not be selling it until it will value 10 dollars.

Hui8

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You can try checking out top coins traded on different exchanger sites. Match the top list on each exchanger for the particular day on which you going to trade the coins. The one coming over and over again to your list will be the one which is being pumped manually. That is, group of people working behind it to pump the volume of BTC and it will be next hot coin to trade with it. Be cautious though.

chickenado

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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

My mentor said " Don't fear to trade top 10 coins in coinmarketcap " If you buy high price sell them at higher price. If the coins dump at lower price wait til it pumps. Fight your fear. Now I'm trading Humaniq, Xem, Ripple, Ethereum, STR, and Etc. Trade the coins that pumps and dumps everyday so that you can roll everyday.

iram3130

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ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀

Quote from: ocid on June 12, 2017, 09:28:27 AM

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

It is currently a lot of altcoin types that make it difficult for us to choose to trade.
The most simple thing we only often see the movement of the market value of which coins are often up the price so that it can make the coin that we will choose to trade.

There are literally more than 1000 altcoins are circulating in the market and we can see one new coin every other day in the forum. I would suggest to try trading only the top altcoins from coinmarketcap because you may have a slight chance of getting your investment back of the coin got dumped.

ocid

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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

It is currently a lot of altcoin types that make it difficult for us to choose to trade.
The most simple thing we only often see the movement of the market value of which coins are often up the price so that it can make the coin that we will choose to trade.

itsallpc

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You could choose altcoins which were in the market for more than two years like ethereum,monero,dash,etc.You could buy Decred which is a legit coin.Its not a pump and dump coin.It has given good returns to its investors.If you want to buy a new coin,you could buy Golem which has a good concept.

roadbits

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Quote from: ?? on ??

In my opinion, all the coins are suitable for trading and if you know how to analyze the chart and calculate the profit, you can earn money from any coin. However, I suggest that if you want to test some new feelings, you can choose coins which are newly listed on the exchange and new coins which have just been created. Their price are very fluctuate and you can easily earn money from them

I think not all the coins will be suitable. yes the old coins are not suitable to trade now. See we can not do bitcoin trading. If we want we have to invest huge amount and wait for a long time to make a profit. But altcoins are not like that they will grow very fast. For example, see ETH 2 months back the price was under $20 today it's $200+. So buy some news coins which is under $10 and above $5 I am sure it will give good profit.

djgtr

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Choosing altcoin for trading is a wise idea to have because the potential of rising prise of a coin is possible all the time. If you've been joining the bounty campaigns from any altcoins ICO projects, the activities that linked to exchanging token in the market can be related to tradings. The decision making is very important and you really needed to hold your coin because price will eventually rising of it' price value that can be exchange to bigger bicoin amount which can make you rich in the future.

PrinceCaspian

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For my recommendation i can recommend you to buy at dumps of those newly released altcoins (those altcoins who has recently have a succesful ico).Buy at the dump of that coin then hold and sure profits will come.Or you can try those coins with huge volume on markets

PokerFace3

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Quote from: gabmen on June 10, 2017, 10:07:20 AM

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

Try checking the history of the coins that are available for trading in your platform. Usually the history of a coin's movement would already give you an idea if it would be good for trading or not. Though most of these good coins are for long holds and you would really have to look at the bigger picture and have a lot of patience to profit

Yeah I agree the from the coins history it is easy to judge whether to invest in it or not. The history of the coin tells you a lot about the coin and if you have a little guts of the trading you can easily get a result from it about the future of the coin.

Also the top ten in ranking may not be for a day trading maybe these coins are for long term investments like the Bitcoin, so then its upon to pick them or some other for a day trading.

secdark

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Quote from: dothebeats on June 11, 2017, 04:59:14 AM

Try browsing the altcoin sub-forum. You can find great crypto in there that has good volume and can potentially be a profit maker for you in the future. But for starters, you can try litecoin, dash, ethereum and dogecoin so that you'll see for yourself how to trade crypto and how the market is.

Agree start with that altcoins before exploring new atlcoins in the trading site. Well searching is best way to know what is the best altcoin we would invest on because with that we are confident that it wouldnt die and we could loss profits. As a starters you need to gather a ton of information about of what altcoin you are investing on

ethereumhunter

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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

hm i think its too confusing for you because there are too many altcoins that you can listed. i think you can take a look the coins with big volume and top 100 coin in the coinmarketcap. every altcoin have a way to be a good altcoin as long as the coins have good support in the market and there are any movement in order buy and order sell.

HatakeKakashi

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They have many altcoin is goo to invest and the price is stable and everymonth they increase and they big potential to increase more in the future. Ethereum, dash ,litecoin , monero and alsp zcash thats my top 5 altcoin and I believe they increase more after few months. But its better if you make a research so you can know what is the best altcoin for you and for you see the altcoin thats better for you.

dothebeats

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Try browsing the altcoin sub-forum. You can find great crypto in there that has good volume and can potentially be a profit maker for you in the future. But for starters, you can try litecoin, dash, ethereum and dogecoin so that you'll see for yourself how to trade crypto and how the market is.

btcdiggingmaster

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Quote from: jerowacik on June 06, 2017, 03:22:26 AM

Look for altcoins that have good prospects. I recommend buying altcoins from the lowest prices because then you can get plenty of altcoins and give you more chances to earn more profits. You should be able to choose a good altcoin, never speculate, and easily attracted to the seduction of others.

I agree there are many chances that the price of altcoin will increase if we buy them at a low price. I myself tried many times buying them at a low price and made the double amount of investment I made in it.

TastyChillySauce00

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Quote from: LostWords on June 10, 2017, 07:58:49 PM

Another wise lesson: dont invest in a coin with NO BUY ORDERS. You buying the 5BTC sell order at 1 SAT will only make the guys selling happy getting rid of it and you will join the selling at 1 sat-club there and not getting rid of it untill another newbie comes along and thinks its a great first buy.

Well that mistake often happened to many newbies who just jumping into this altcoin trading without knowing what's actually going on and buying dust coin which have no value at all and hoping for miracle to come expecting that if the price gets pumped soon, he'll get an easy profit but the fact is the opposite, the coin will be soon delisted from many exchanges.
Coin with no buy-order seem can't hold on that long on the exchange that it'll soon delist immediately, just better to learn things first especially for newbies.

Adbitco

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You should have two strategies for trading. First one is choosing a reliable coin for long term trading and the second one is choosing a coin for short term trading. For long term trading you can choose anyone or all of the following coins like ETH, XRP, XEM, DGB, Stratis etc. For short term trading no particular coin can be recommended as it's going to be a coin which you have to buy, hold for a short period and then when the price of the coin goes up sell them. This is what I have been doing and I have made good profits following the above two strategies

Topic: Choose altcoin for trading - page 13. (Read 12108 times)