Pages:
Author

Topic: How do you trade with crypto currency? - page 7. (Read 9167 times)

legendary
Activity: 854
Merit: 1000
August 29, 2016, 06:20:07 AM
#52
Trading in crypto is not everyone's cup of a tea.I have suffered loss because I was a newbie.You must understand market and keep an close eye on price movement if you want to succeed.Technical analysis is not something for am average joe like me
sr. member
Activity: 644
Merit: 250
August 29, 2016, 05:56:36 AM
#51
In my own experience as a trader. Basic principle is only I applied "Buy low and sell high." And also we have group chat I have groupmates that observe the coins we there is go down or go up. And we take profit after we buy stacks. Thats it.
hero member
Activity: 1232
Merit: 669
August 27, 2016, 08:30:28 AM
#50
Well, I trade whit  currencies whit high volume, like ethereum, doge, dgb ect and and using some indicators for signal of enter, or getting out.
I have a low success but this is great for me I guess better something than losing
full member
Activity: 224
Merit: 100
August 27, 2016, 07:36:59 AM
#49
That same if you trading with bitcoin,the different is at price movements,once crypto get high fast,it also can't inpredicble price
full member
Activity: 238
Merit: 100
August 27, 2016, 07:04:49 AM
#48
Well i do not have much knowledge about the alt coins so i keep my self away from altcoins trading.
But i have tried simple trading like buying bitcoins and then sell then when price becomes a bit higher than that when i bought the bitcoins.
newbie
Activity: 30
Merit: 0
August 27, 2016, 07:03:00 AM
#47
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

that is right. I only trade the established ones such as the Monero and Etheruem. They are much less risky.
legendary
Activity: 1960
Merit: 1026
August 27, 2016, 04:26:21 AM
#46
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,



In trading nothing seems to be curious, but with trading buying low and selling high is the common strategy used. In my opinion one needs to cope with the self decision in trading rather than getting suggestions from others and implementing it.

he was curious about the strategy or technique to analyze. because everyone has a different technique.
like me who use the technique feelings, and also some of the most important is the announcement. tweets and rumors are difficult to predict, it could backfire down or up.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 27, 2016, 02:56:26 AM
#45
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

Altcoins with big potential is a bold statement.Which alt coin doesn't promise "big potential" if people invest in them ? Every altcoins takes the flaw of bitcoin and promise to solve it in theirs which barely happens.Most of them are killed by the community whales or half of them run away with the investors money.The few one's that survive are only for pump and dump purposes.Everything is sold once the ICO is over.
And another question what is the big potential is measured by the standard of this forum or average users in here. because a new alt project in this time is always offering a good promise for the investor and at first they will run smoothly and the ending, maybe you can see about waves.
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
August 27, 2016, 02:48:59 AM
#44
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

Altcoins with big potential is a bold statement.Which alt coin doesn't promise "big potential" if people invest in them ? Every altcoins takes the flaw of bitcoin and promise to solve it in theirs which barely happens.Most of them are killed by the community whales or half of them run away with the investors money.The few one's that survive are only for pump and dump purposes.Everything is sold once the ICO is over.
legendary
Activity: 3472
Merit: 10611
August 27, 2016, 12:37:06 AM
#43
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,



Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.


i don't think you can call "Buy low Sell high" as common strategy because it is the core of trading. and there is nothing to it other than 'Buy low Sell high".

all other stuff like analyzing the trend, reading the news and all other things you and others have mentioned are performed to find the "low" and "high" in each market.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
August 26, 2016, 10:50:45 PM
#42
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,



Actually your mentioned strategy can considered as common technique too.

Buy low Sell high is the common one. Sounds easy but not that easy to perform.

In my case, I just have to analyze the current trend, news, other's saying, trading tips from our group, rumors, trading volumes, weekly monitoring (if the price has slow movement) / daily monitoring (if the price moves at least $10-$15 a day whether for increase and decrease) etc.
hero member
Activity: 672
Merit: 500
August 26, 2016, 06:56:10 PM
#41
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
hero member
Activity: 742
Merit: 500
August 26, 2016, 06:43:14 PM
#40
I make usually my studies analytics about the coins before trading it, and as known trading need some experience and it's having some potential of risk as well
legendary
Activity: 2758
Merit: 1228
August 26, 2016, 06:37:57 PM
#39
I trade without any success. Its how I trade, looks like I'm capable of choosing wrong moment for buying or selling couple times per day. It's just ridiculous how much I'm unlucky. I tried to follow some people from twitter, and from here without any success. One important notice to all new people, never ever trust in what people say at yobit chat. They ruined me couple time's, and not just one person. Like they have a deal couple of them saying same thing and I thought I can believe them, well I was wrong.
Can someone tell me which coin to buy so I can finally make some profit with trading. Thanks a lot in advance.

you gotta try those thrend coins existing on some exchanger's because those coin are the most tradeable coins by those traders, and also maybe you should do some analytical studies on some coins like etc,stratis,draco,sts, and the coin you like, just focus on few coins first before jumping to another one so you may know how it really moves and notice the 24 hours market cap, and also don't ever listen to the trollbox because mostly of them of them are bag holders or just trolling the coins they like to pump or dump. and lastly the very most important you should brought up to earn on tradings is patience.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
August 26, 2016, 02:45:28 PM
#38
I trade without any success. Its how I trade, looks like I'm capable of choosing wrong moment for buying or selling couple times per day. It's just ridiculous how much I'm unlucky. I tried to follow some people from twitter, and from here without any success. One important notice to all new people, never ever trust in what people say at yobit chat. They ruined me couple time's, and not just one person. Like they have a deal couple of them saying same thing and I thought I can believe them, well I was wrong.
Can someone tell me which coin to buy so I can finally make some profit with trading. Thanks a lot in advance.
legendary
Activity: 1400
Merit: 1001
August 26, 2016, 02:38:01 PM
#37
People say that trading altcoins likes gambling , you don't know when this crypto currency will increase or when will decrease , for me , I try to choose long term investment , for example , if I found a new project with perfect road map or experienced dev team , I invest in this project , then wait until the price increases , but the most important lesson which I have learned is to divide your money , and don't put all your eggs in one basket .
And then this project turns out to be a Ponzi Scheme disguised ad altcoin, something like Steem is: http://www.coindesk.com/steem-provokes-doubt-market-observers/
Or you invest in new overhyped altcoin and it turns to be next The DAO and is hacked? There is nothing like being 100% sure in crypto world, everything is speculation.
legendary
Activity: 980
Merit: 1000
August 26, 2016, 02:18:13 PM
#36
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,


those way are the common way to used to almost all traders because they were will do technical analysis for predict the price movement but do not underestimate the rumour because sometimes the rumour will become to really if came from the trustworthy source
hero member
Activity: 644
Merit: 500
August 26, 2016, 01:40:06 PM
#35
I do trade with bitcoin and altcoin , and that is totally based on the performance and activity of the coin and the investors at there and their developers, I focus more on the activity of developers as if the developers will be expert and activity then we will not lose in there as that coin do not die out.
sr. member
Activity: 406
Merit: 250
August 26, 2016, 12:25:02 PM
#34
i usually either trade on sites like bitmex or I trade cfds, I started off trasing with bitmex with around 50,000 satoshi and I could easily double my money within a week, I then gradually increased the amount I trade with until I started trading with over 1 bitcoin. With cfds I typically trade less than 1 bitcoin but with leverages my posistions are usually over 10 bitcoins.
hero member
Activity: 924
Merit: 506
August 26, 2016, 08:41:28 AM
#33
While most of the people depend on the news on troll boxes I usually try to trade the coins which I see for my self their price changes and never listen to the trolls, but still trading comes with a big risk with it.

For example when EDRC was high I bought some but it went down hard and still is down.
Pages:
Jump to: