How do you trade with crypto currency? - page 4.

serjent05

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Quote from: crairezx20 on September 14, 2016, 09:42:45 AM

Quote from: c4s7or on September 14, 2016, 09:29:27 AM

I know the typical way to recoginze a promising coin for an investment. But my question is:
If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?

Honestly you didnt know when that altcoin should you sell if the price is increasing.. any altcoin is unpredictable and you didn't know when is the best to sell those altcoin.. Better to sell it if you already made a profit so that you can buy again if the proce is going down..

This is true, altcoin trading is so unpredictable it is high today and worthless tomorrow. The best approach is what the one i qouted, to sell your coin when you have seen a profit in it. Though if you really want a more serious coin to trade, then you need to research for it. Choose those that have a huge community and active developer.

crairezx20

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Quote from: c4s7or on September 14, 2016, 09:29:27 AM

I know the typical way to recoginze a promising coin for an investment. But my question is:
If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?

Honestly you didnt know when that altcoin should you sell if the price is increasing.. any altcoin is unpredictable and you didn't know when is the best to sell those altcoin.. Better to sell it if you already made a profit so that you can buy again if the proce is going down..

c4s7or

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I know the typical way to recoginze a promising coin for an investment. But my question is:
If you have found a nice coin which is running good and starts rising. How do you decide at which point you sell it?

maydna

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Quote from: robertkedves on August 24, 2016, 05:43:21 AM

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

i only use the chart that show in market exchanger on poloniex so far i think its really work and really help me when i am trading on poloniex. i think the most common technique for every people is different, maybe just the basic is that we should see the charts, and then we might be develop or build our ways to trading so we can get profit.

arseaboy

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Quote from: salocin12 on September 14, 2016, 05:55:36 AM

Just be careful in choosing altcoin. There have many scam coins. It is very difficult to a beginner like me. I never get a profit on trading. But i learn in my mistakes.

extra careful in all the action that we are going to do either bitcoin or investment.

salocin12

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Just be careful in choosing altcoin. There have many scam coins. It is very difficult to a beginner like me. I never get a profit on trading. But i learn in my mistakes.

samcoin

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My trading strategy depends on many factors, I spend a lot of time reading news on some crypto news sites, these news will make you able to recognise the markets and why some coins rise up and why falls down, the most important site for me is newsbtc, this site post daily technical analyses for bitcoin, ETH, and ETC, in addition to latest crypto news.

robertkedves

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Meantime i found some interesting youtube channels:

https://www.youtube.com/channel/UCdC3h2m88FC02Yw-A_VESRQ
https://www.youtube.com/channel/UCVveEks3MWZqOsvzTF_LGQg
https://www.youtube.com/channel/UCe3O5ZLxQzGz4-nfl6XLEHQ

This particular video is quite impressive (LTC pump): https://www.youtube.com/watch?v=LwJ-4dLQAHQ

dunfida

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Quote from: bhadz on September 13, 2016, 11:00:55 PM

Quote from: virusasog on September 13, 2016, 08:08:17 PM

Quote from: JeffBrad12 on September 13, 2016, 06:59:37 PM

Quote from: InsideBjorn on September 12, 2016, 08:54:29 AM

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad...

Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now.

Well trading is really not as easy to do because you are going to risk your money with it when you are going to buy using your fiat money and convert it to bitcoin and you are going to buy alt coins with the use of it. I would say that is the essential in trading is that you are going to buy at low price and you are going to sell when it is on high price already.

Buy low sell high is the most common thing when we do trading but we need other information or learnings that are essential on our trading career .THose things that you said are just basics on this career. Altcoin trading is somewhat difficult because there are lots of coins to choose from there are potential and there are waste of money coins.

mace15

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Trading is never easy. You deal with emotions.
I started trading since march this year. But,
my btc was still not growing. The reason was,
I trade with emotions. Lost of patience,
easy to sell my coins. So this time,
I trade with patience. Anyway, let's hope
that all of us here will earn more profit
in the world of trading.

bhadz

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Quote from: virusasog on September 13, 2016, 08:08:17 PM

Quote from: JeffBrad12 on September 13, 2016, 06:59:37 PM

Quote from: InsideBjorn on September 12, 2016, 08:54:29 AM

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad...

Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now.

Well trading is really not as easy to do because you are going to risk your money with it when you are going to buy using your fiat money and convert it to bitcoin and you are going to buy alt coins with the use of it. I would say that is the essential in trading is that you are going to buy at low price and you are going to sell when it is on high price already.

virusasog

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Quote from: JeffBrad12 on September 13, 2016, 06:59:37 PM

Quote from: InsideBjorn on September 12, 2016, 08:54:29 AM

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad...

Yeah trading is risky factor and it's all about trading is how you deals with that. Normally all the people deal the trading like they sell it when the price is high and they buy it when price is low. I use to do with localbitcoins till now.

cakravothy

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Chainjoes.com

every day iam trade altcoin
based analys with chart and grafic

noictib

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Quote from: robertkedves on August 24, 2016, 05:43:21 AM

Hi there,

I've started trading a few months ago with a very small amount and it was quite effective for me. 80% of my trades are based on technical analysis and 20% on rumors, tweets, announcement, etc.

I'm curious what is the most common technique do you use for trading?

Good luck,

since i am not a big trader further i will share my idea of trading . i a making trade with my whatsapp friends i am buying btc at low price from them and sell at higher rate to the friends . this stretgy works better amd successfully when the price are much stable .
Now i have about 200 clients for buy sell btc .

JeffBrad12

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Quote from: InsideBjorn on September 12, 2016, 08:54:29 AM

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

I don't see if anything is always easy for to do that, but google is not will giving a reliable information for that and from my experience that will give you the ADC site and just fully with a lot of advertise... and that is very bad...

PsursV

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Quote from: pooya87 on September 13, 2016, 03:58:49 AM

Quote from: InsideBjorn on September 12, 2016, 08:54:29 AM

Trading with cryptocurrencys can be easy but it can also be difficult if you dont know how to just simply google and they will tell you how to make your first trade there are allot of tutorials.

it is never easy to trade. you can take it easy and do some random trades which would be more like gambling and you can win or lose the same way as gambling too.
but if you really want to do professional trading it is never easy.

yes trading is not such an easy job, specially if you are investing in alts, there you need a proper study about the alts and then try to invest but some time you need to wait a lot if you really want to make money from alts.

Maesters1-

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Quote from: shinratensei_ on September 12, 2016, 04:12:34 AM

Quote from: phreaky on September 12, 2016, 03:05:57 AM

Well if I am correct to trade with crypto currency you have to buy low and sell high. You could store up alot of cheap very cheap altcoins wait for them to go up and sell them at any increase but waiting too long can be deadly for your wallet.

buying in low and selling in high it's only the basic things in trading. I agree with your ending statement for waiting too long about altcoin will be deadly for your wallet and maybe and according to from my experience average alt coins just having a good destiny in their early period and a lot of them becomes a died in the end and too difficult for surviving until a long time.

yes it s a fact that most of the currencies are dead at the end and then it become difficult to raise and take more time but if you want trading you have to take risk because every kind of trading is risky and you don't have any other choice.

danherbias07

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Quote from: BitFinnese on September 13, 2016, 06:46:21 AM

Quote from: Tanic on September 13, 2016, 03:51:18 AM

I have never tried to trade yet. Honestly i even don't understand good enough how to do that. I was reading on bitcointalk that trading is a good strategy for investment. But could anybody show me a link where I can read all steps to do that? I wish to try it, but I have not enough information and details. Thanks a lot in advance.

You should try to study and learn the basic of trading. It is entertaining and frustrating at the same time. Trading is also one of the fastest way to earn or to lose money. As for me I am still studying how to trade. Kinda bad start for me because i invested a little btc to some coins in yobit at 1 sat and now im holding a worthless coins lol. One thing I learn, always research the coin you are interested.

Yep. The entertainment of seeing your invested money moving so much upward. You will enjoy looking at that. And when you see it fall just close the damn tab to prevent the frustration.

Altcoinmoney

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There are allot of ways to trade bitcoins and not only bitcoins can be trade off course other cryptocurrencys can also be trade but you will make the nicest profit with the bitcoin for sure.!

BitFinnese

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Quote from: Tanic on September 13, 2016, 03:51:18 AM

I have never tried to trade yet. Honestly i even don't understand good enough how to do that. I was reading on bitcointalk that trading is a good strategy for investment. But could anybody show me a link where I can read all steps to do that? I wish to try it, but I have not enough information and details. Thanks a lot in advance.

You should try to study and learn the basic of trading. It is entertaining and frustrating at the same time. Trading is also one of the fastest way to earn or to lose money. As for me I am still studying how to trade. Kinda bad start for me because i invested a little btc to some coins in yobit at 1 sat and now im holding a worthless coins lol. One thing I learn, always research the coin you are interested.

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