Topic: Choose altcoin for trading - page 16. (Read 12084 times)
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
I would advise you that don't follow anyone's opinions when it comes to the trading. I used to invest in altcoins based on other's opinion and I have burnt my hands because most of the coins were part of pump and dump schemes and I entered at a wrong time. Do your own research before investing, it will give the confidence to stay with your investment even if something going against your expectations. Please stay away from pump & dump schemes and scam ICOs/coins.
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
Learning investing doesnt exclude alt coins. Hell, you can invest properly in altcoins. Investing is research and if you do your research well and have good market knowledge, alcoins are as good as any market to make money in. Even more in this time.
I second that. You need to read read and learn from what you researched. Not all altcoins are good for investing. Being a newbie you need to learn the basics of trading first.
The most important thing in choosing an altcoin is
- see the supply coin
-Registered at CoinMarketCap
-vulume should also be considered
- see the developer event
-program / purpose for the use of alcoin for the public
Although trading can be spelled gambling ,, but by looking at the above can at least be taken into consideration
- see the supply coin
-Registered at CoinMarketCap
-vulume should also be considered
- see the developer event
-program / purpose for the use of alcoin for the public
Although trading can be spelled gambling ,, but by looking at the above can at least be taken into consideration
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
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
first thing to know is that altcoins are pump and dumps, which means when they go up you need to wait for a big drop afterwards. this drop can come in a form of a sharp drop to the ground or it can come in a form of a series of small dips on downward spiral to the ground in bigger altcoins with big daily volumes.
the strategy that I have been using for some time now and I am quite happy with it is to watch the market and find those coins that are rising at that moment in time. then I join in and buy them just to dump them in a couple of hours for a 10% or so profit.
this has been working well so far and the profit is much better than risking holding of big altcoins that are in bubble waiting to burst.
I have a feeling that it will be better to go with the top 5 altcoins such as Ethereum, Ripple and Litecoin, rather than choosing the less known alts such as Ardor and Lysk. That said, right now a total of 36 alts are having a market cap in excess of $100 million. So there are plenty of choices around.
yea it's good think for trading. you can keep trade list waves, strat,eth,xdn this coin last week increase high other all time up and down.
Go for altcoins that have good volumes and active development. To make it easier for you, look at coinmarketcap and choose the coins that is on the top 10 of the list. That is the safer way to choose if your not too much on researching and reading whitepaper.
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
Learning investing doesnt exclude alt coins. Hell, you can invest properly in altcoins. Investing is research and if you do your research well and have good market knowledge, alcoins are as good as any market to make money in. Even more in this time.
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
Learning investing doesnt exclude alt coins. Hell, you can invest properly in altcoins. Investing is research and if you do your research well and have good market knowledge, alcoins are as good as any market to make money in. Even more in this time.
I disagree. I don't think they are a viable market. They are too illiquid and consist basically 100% of retail investors. Furthermore, they are accepted almost nowhere as a currency... or at least not by any major vendors. This means that the value investors assign to them is extremely speculative.
Basically what I'm getting it is that I don't believe any amount of research into alt coins will let you make trade decisions that consistently yield better results than random chance. The exception is the coins whose price basically just follows bitcoin, in which case you are essentially just investing in bitcoin but with more risk.
I disagree. Researching on a project of altcoin can definitely give you an almost certain amount of profit on your investment unless something crazy happens (market crash). For instant: if you know there is a big company behind an altcoin, the technology is tested (by yourself or 3rd party) and there is solid, good community behind the project (ie couple hundred people) and the buy-in of the stake is a couple of sat, it's definitely not 'random chance' that you will profit on that. Ofcourse the research isnt simple as only those three or four examples but hell, even those points make a good base for wether its a good investment or not. And lets not forget that EVERY INVESTMENT in EVERY BRANCHE has risks of not ROI/Profiting. Just like altcoins.
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
Learning investing doesnt exclude alt coins. Hell, you can invest properly in altcoins. Investing is research and if you do your research well and have good market knowledge, alcoins are as good as any market to make money in. Even more in this time.
I disagree. I don't think they are a viable market. They are too illiquid and consist basically 100% of retail investors. Furthermore, they are accepted almost nowhere as a currency... or at least not by any major vendors. This means that the value investors assign to them is extremely speculative.
Basically what I'm getting it is that I don't believe any amount of research into alt coins will let you make trade decisions that consistently yield better results than random chance. The exception is the coins whose price basically just follows bitcoin, in which case you are essentially just investing in bitcoin but with more risk.
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
Learning investing doesnt exclude alt coins. Hell, you can invest properly in altcoins. Investing is research and if you do your research well and have good market knowledge, alcoins are as good as any market to make money in. Even more in this time.
Well i am not choosing new altcoin because high potencial you can get but its too risky to invest.. that is why i am only choosen old coins
look at this site
coinmarketcap.com
and check the altcoin in top 20 those has a good movement and i think you can make a good profit in top 20 rankings and you can't hardly to choose what altcoin is the best..
look at this site
coinmarketcap.com
and check the altcoin in top 20 those has a good movement and i think you can make a good profit in top 20 rankings and you can't hardly to choose what altcoin is the best..
Trading alt coins is gambling, 100%. It's a game of chance. You will make just as much money at a casino as gambling on alt coins. If you want to really make money consistently, learn investing and stay away from alt coins.
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
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
The best thing you can try to buy to trade in is xem, bay, maid, or if you like try burst, sc, dgb,
Rdd,xdn, and xvg.
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
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
if you newbie you can choose old coin with big volume transaction
sample litecoin,dogecoin, ethereum and more
Yes, at the moment it is the most reliable alternative coins. But do not think that if you choose them, then avoid risk. No, these altcoins are also very risky, so you need to be careful
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
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
if you newbie you can choose old coin with big volume transaction
sample litecoin,dogecoin, ethereum and more
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
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
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