How do you trade with crypto currency? - page 5.

pooya87

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Quote from: InsideBjorn on September 12, 2016, 09:54:29 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.

Tanic

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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.

InsideBjorn

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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.

Bitcoinbro

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Quote from: Indrawan77 on August 30, 2016, 09:28:21 PM

Usually when i do trading i am searching for the updated news, then i find coin with the high trade and i tried to purchase various alt coin, the key to my trading is news and patience, well i havent earn a lot for now but i think i still earn some profit

It's a good way but I would advice to filter out the higher priced altcoins and only check the lets say 5 lowest price ones. Then see which one is best to buy. Because they are low priced its easy to buy alot so also alot more safe.

shinratensei_

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Leading Crypto Sports Betting & Casino Platform

Quote from: phreaky on September 12, 2016, 04:05:57 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.

phreaky

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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.

rizkyhiw

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Quote from: crairezx20 on September 11, 2016, 12:59:48 PM

Quote from: arseaboy on September 11, 2016, 12:51:24 PM

Quote from: Qunenin on September 11, 2016, 12:32:20 PM

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

One thing you well said rumors, you know most of the price of the coins are depend on rumors, May be i am wrong but personally i feel it work, because recently i bought some coins and always i listen that price would be increased but nothing is happen, and at least i sell it all, and not i get a good profit.

always check the main thread of your supported coin don't listen to any trolls inside trading site chatbox and always research first before placing your investment, many alt coin are profitable if you know when to make a good entry point study and keep on researching then after that you will earn a lot. good luck

Yeah right those troll or any suggestion inside the trading site they are just promoting their altcoin that you didn't know if there is potencial about the coins.. For me i am always checking coin marketcap for volume and also for i am choosing top 20 altcoin those are the best to invest because ou know that your investment it take a long time before you can make a profit but its safe.

for me trading in bitcoin and other altcoin are pretty much different than forex.
in crypto world no matter how experienced you are it will hard to make prediction.
i frequently trade a coins by guessing obly , it is frustated when you did not analyze it.
even you have take a look to coinmarketcap volume etc , it is still hard.

abugseuf

full member

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i think it is not such a difficult job you can do it very easily, you have to buy an alt coin in a low price and then hold it for the price increase and wait, but some time it can take a lot of time to reach to some high price and give you some profit, therefore you must be patient and stay calmly for the price increase.

KingdomHearts

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there is simple way to trade any crypto currency , you can buy any crypto currency with low price and then wait for high price when price go to high then you can sell it and its very profitable and a lot of people are earning big profit from trading.

crairezx20

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Quote from: arseaboy on September 11, 2016, 12:51:24 PM

Quote from: Qunenin on September 11, 2016, 12:32:20 PM

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

One thing you well said rumors, you know most of the price of the coins are depend on rumors, May be i am wrong but personally i feel it work, because recently i bought some coins and always i listen that price would be increased but nothing is happen, and at least i sell it all, and not i get a good profit.

always check the main thread of your supported coin don't listen to any trolls inside trading site chatbox and always research first before placing your investment, many alt coin are profitable if you know when to make a good entry point study and keep on researching then after that you will earn a lot. good luck

Yeah right those troll or any suggestion inside the trading site they are just promoting their altcoin that you didn't know if there is potencial about the coins.. For me i am always checking coin marketcap for volume and also for i am choosing top 20 altcoin those are the best to invest because ou know that your investment it take a long time before you can make a profit but its safe.

arseaboy

hero member

Activity: 644

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Quote from: Qunenin on September 11, 2016, 12:32:20 PM

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

One thing you well said rumors, you know most of the price of the coins are depend on rumors, May be i am wrong but personally i feel it work, because recently i bought some coins and always i listen that price would be increased but nothing is happen, and at least i sell it all, and not i get a good profit.

always check the main thread of your supported coin don't listen to any trolls inside trading site chatbox and always research first before placing your investment, many alt coin are profitable if you know when to make a good entry point study and keep on researching then after that you will earn a lot. good luck

Qunenin

hero member

Activity: 966

Merit: 506

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

One thing you well said rumors, you know most of the price of the coins are depend on rumors, May be i am wrong but personally i feel it work, because recently i bought some coins and always i listen that price would be increased but nothing is happen, and at least i sell it all, and not i get a good profit.

salmanahmedone

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Activity: 602

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Quote from: PacePay on August 30, 2016, 12:58:35 PM

Quote from: nejibens on August 26, 2016, 07:56:10 PM

Usually i choose the altcoins with big potential to trade and i avoid the shitty new coins. There is some known altcoins actually used by big community and their prices is increasing as well

Sometimes I also search for those coins for which will have a bigger volume of trade and which will have higher fluctuation rate, with these kind of coins I am able to earn a faster profit, but in some cases when I imagine a good profit from a coin then I do not care that this coins is new or older.

Alt Coin trading is good but u r trading here just by some hopes....but trading is a game of mind.........all devs trap our mind then trap our money in a coin hhahaha....u wil broke soon

john2231

hero member

Activity: 924

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There is a common way to trade that you can be made a good profit. the first thing you do is research first if what altcoin is the best you can go here in coinmarketcap and choose the top 20 choose altcoin you wish to hold those are legit and it can live for along time in the market..

trinaldao

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Post your ann & bounty just contact me

Quote from: robertkedves on August 25, 2016, 02:51:33 AM

Thank you for all your answers. I see a lot of different opinions and also some opinions that are confirming my way to trade.

How they say, prepare for the worst and hope for the best.

Feel free to come with another suggestions about how you trade.

the first important thing for me is make a spreadsheet at excel to manage how much your deposit, your lose, your profit perday, soe in first month you will know the real profit of your trading, or the real lose of your trade Tongue

iqlimasyadiqa

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Quote from: BlackPanda on September 10, 2016, 07:29:12 AM

The best technique in trading is patience attention. when you can put up with much stronger then you can get the chance to benefit. advantage can be achieved with patience. but see also the luck factor. luck is also part of a point that can make you rich.

I agree with you . thing to consideration by is patience. we have to be patient when we buy and sell coins that we have. when we the right to choose when we can benefit. all started from patience.

SvenBomvolen

hero member

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I don't trade, I'm reading about trading and I'm more confused now then in the beginning. People mention trading as good investment strategy, but nobody said how to trade. How to get informations, where, is there any way to know how reliable source is, whom to trust?
In one moment I will try this trading, for now I still don't have account on any exchange site. I wishto open it one day and finally try it after so much reading about it. Maybe things will be more clear when I go there and see it for myself how things work there.

ultrloa

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Quote from: dunfida on September 10, 2016, 07:40:38 AM

Quote from: MFahad on September 10, 2016, 02:40:08 AM

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

Yes, actually in crypto trading i also feel rumors are here, and sometime i can't think that what will be the right price of that currency which i buy it, and later on i realize nothing is happen as i think about it. So that why i remember one thing, if you have correct information about cryto currency, than you will earn money from trading.

Crypto trading is not easy as it sounds because as we can see there are lots of coins are existing as of now and most of it are just scam coins which pump just once and dump forever which is really a waste of money thats why if we intend to buy a crypto we must do some research first if it is a potential coins.

The very hard thing to do there is selection on which is movy coin and also the monitoring since we need to monitor the flaws of such coin in tradings so we can earn nor avoid loss but if you really familiar or shall we say just joined the thrend for those new ones added and trade it well you might still earn with that thing and also the one thing traders they should remember is they should not listen the trollbox

dunfida

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Quote from: MFahad on September 10, 2016, 02:40:08 AM

Quote from: robertkedves on August 24, 2016, 06:43:21 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,

Yes, actually in crypto trading i also feel rumors are here, and sometime i can't think that what will be the right price of that currency which i buy it, and later on i realize nothing is happen as i think about it. So that why i remember one thing, if you have correct information about cryto currency, than you will earn money from trading.

Crypto trading is not easy as it sounds because as we can see there are lots of coins are existing as of now and most of it are just scam coins which pump just once and dump forever which is really a waste of money thats why if we intend to buy a crypto we must do some research first if it is a potential coins.

BlackPanda

legendary

Activity: 1414

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The best technique in trading is patience attention. when you can put up with much stronger then you can get the chance to benefit. advantage can be achieved with patience. but see also the luck factor. luck is also part of a point that can make you rich.

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