It sounds like the OP is new to crypto trading and is willing to work with anything which
will turn a profit...and is in a hurry to do so.
Many will attest to the risk involved with Altcoins, they fluctuate wildly and dont have a
very long lifespan, as in they "trend" for a while until interest wanes and moves to a
different Altcoin.
There are a lot of members here who wont entertain any Altcoin and focuses only on Bitcoin,
but yea people looking for quick profits generally dont have the patience for long investments etc.
Topic: Freezing Bitcoin/Other Currencies (formulas, strategies, etc.) (Read 111 times)
I'm not sure you're understanding your own question very well, could you try to explain it again?
What I think you're referring to is volatility and sites like tradingview (and coin market cap as mentioned above) will allow you to do that but a lot of exchanges also will.
The main problem here I think is that you're trying to find currencies that don't correlate well with btc and for a lot of cryptocurrencies, ones that don't correlate tend to have lower liquidity and lower interest in them (less price moves). If you plan to hold your funds for a while, then yes, you could probably make a profit against btc in this way but you'd need to be taking quite a few precautions and these might be harder to determine.
What I think you're referring to is volatility and sites like tradingview (and coin market cap as mentioned above) will allow you to do that but a lot of exchanges also will.
The main problem here I think is that you're trying to find currencies that don't correlate well with btc and for a lot of cryptocurrencies, ones that don't correlate tend to have lower liquidity and lower interest in them (less price moves). If you plan to hold your funds for a while, then yes, you could probably make a profit against btc in this way but you'd need to be taking quite a few precautions and these might be harder to determine.
it occurs to me to look at the graph of all the coins one by one ... but it is not very efficient ....coinmarketcap allows you to see the coins with the highest growth in the last hour but these currencies are not necessarily the ones with the steepest rises it would be more useful to be able to see in order the currencies with the highest growth/worst percentage in the last 10 minutes.
Are you talking about Gains and losers? You can find it on Cryptocurrencies near the Coinmarketcap logo or use this link below
- https://coinmarketcap.com/gainers-losers/
Or if you are looking for other tools you can check this https://www.coingecko.com/en/coins/trending
That link is the same as Gainers and Losers in Coinmarketcap.
just let me remind you of this:
1 - whenever the price of bitcoin increases a lot, the price of altcoins against bitcoin starts to drop a lot
2 - whenever the price of bitcoin drops a lot, the price of altcoins in relation to bitcoin also drops a lot and also the price of altcoin in relation to the dollar drops a lot
3- whenever the price of bitcoin is stagnant, the price of altcoins in relation to bitcoin recovers, but you need to be careful in this part, advantage in this part will only be if you hold the altcoin for some time
1 - whenever the price of bitcoin increases a lot, the price of altcoins against bitcoin starts to drop a lot
2 - whenever the price of bitcoin drops a lot, the price of altcoins in relation to bitcoin also drops a lot and also the price of altcoin in relation to the dollar drops a lot
3- whenever the price of bitcoin is stagnant, the price of altcoins in relation to bitcoin recovers, but you need to be careful in this part, advantage in this part will only be if you hold the altcoin for some time
Don't ever use the term "freezing" to Bitcoin when what you are really talking about is related to trading. "Freezing" Bitcoin is usually discussed on a protocol level or seizure of funds if you're referring to BTC.
Start by reading or watching some videos on charting. Understand the basic indicators and practice. A lot of these learning materials are available on the internet.
Start by reading or watching some videos on charting. Understand the basic indicators and practice. A lot of these learning materials are available on the internet.
Hi, what formulas do you use to know if it is profitable to freeze and unfreeze bitcoin / other currencies.
Can you explain what you mean by freezing and unfreezing a cryptocurrency?And do you know any strategy to identify at a given time the currencies that have the most pronounced price rises and falls? and some excel formula or other idea to calculate the possible benefits before making the operation.
There is no idea to identify price rises and falls. You can use knowledge of technical analysis, but it's sort of a gamble, not a guarantee.
Hi, what formulas do you use to know if it is profitable to freeze and unfreeze bitcoin / other currencies. There are periods of the day when the price rises and falls are very small...and between the commissions of the exchanges and the mistakes when entering that one can make, it is not very profitable to operate ...
And do you know any strategy to identify at a given time the currencies that have the most pronounced price rises and falls? and some excel formula or other idea to calculate the possible benefits before making the operation.
For example today in several hours of the day bitcoin remained practically at the same price ... I would have liked to find during those hours another currency with which to operate with more pronounced price rises and falls ...
it occurs to me to look at the graph of all the coins one by one ... but it is not very efficient ....coinmarketcap allows you to see the coins with the highest growth in the last hour but these currencies are not necessarily the ones with the steepest rises it would be more useful to be able to see in order the currencies with the highest growth/worst percentage in the last 10 minutes.
And do you know any strategy to identify at a given time the currencies that have the most pronounced price rises and falls? and some excel formula or other idea to calculate the possible benefits before making the operation.
For example today in several hours of the day bitcoin remained practically at the same price ... I would have liked to find during those hours another currency with which to operate with more pronounced price rises and falls ...
it occurs to me to look at the graph of all the coins one by one ... but it is not very efficient ....coinmarketcap allows you to see the coins with the highest growth in the last hour but these currencies are not necessarily the ones with the steepest rises it would be more useful to be able to see in order the currencies with the highest growth/worst percentage in the last 10 minutes.
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