How do you trade with crypto currency? - page 8.

passivebesiege

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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,

Im buying low selling high that's the strategy I use , you need to see first if the coin if have a potential for long term, and see the volume if you can trade it with short trade or for long term.

robertkedves

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Based on what you guys wrote in this subject, the most important thing is the experience you have in trading.

I saw a few replies about using your technical analysis, reading news, use trusty rumors, feeling (based on your experience), investing in new altcoins and wait for the momentum.

I hope everyone who read or replied in this topic found some good information.

Thank you all, keep on trading and make profit!

Best,

PremiumCodeX

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Rumors, announcements, fundamentals, technical analysis, news, trading experience, trading techniques, the amount of funds that you can provide and luck (!) are all important factors. Watch out for pumps and make sure to react in the momentum! If you are inexperienced, I suggest starting with small amounts. Later, you may increase your funds to invest in order to have better profits. However, even when you are cautious to all these factors, trading is risky and that is why you should split your funds up between more than one idea. If you have a platform, you too could manipulate the prices. In the long run, do not fall into the trap of your own illusions, though! Cryptomarket is unpredictable and uncontrollable in the long run and my most important suggestion is developing an excellent adaptability skill that comes from the experienced and knowledgeable use of the above-mentioned factors.

ethereumhunter

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the most common i use in trading is when i see the chart is go down, i will find on the order history, see on buy and sell order book, make a fibo, sometimes read a news about that altcoins. after that, if my feeling says go and buy, then i will buy right in between number 3-15 from buy order book, and sometimes, its not take to long to get that coins. if this is happen, then i will prepare to sell that coins if there are a pump, or if its going down again, i will make a new analyze to make sure how deep will go down.

outatime1

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Reading technical analyses is a good idea if the expert really knows what he is talking about. I just watch the price and react by either buying or selling depending on the situation.

Robertqueen2

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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 .

TraderETH

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Quote from: Pursuer on August 25, 2016, 05:25:48 AM

Quote from: TraderETH on August 25, 2016, 12:24:52 AM

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 have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

technical analysis is not enough for trading altcoins, especially coins like ethereum that are being manipulated a lot. you only have to do the analysis as for fun and confidence but it is never going to come true as it does in other bigger markets.
the most important thing in the market is news, it can pump the price to the moon or it can kill it in matter of hours. and you have to be there to use the opportunity the best way you can.

For me analysis tecnical is enough because i traded ETC was low amount only and it was made profit although just a little. Everything went fine and rilex, i don't have burden when trade it.

fortunecrypto

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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,

Same as you by technical analysis it's the same technique used by all experienced traders but of course rumors plays a factor in altcoin trading many pump teams are in existence,getting aware of that is a big bonus,but always play on the safe side..

twa

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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 trade when i feel that that currency will rise, i don't trust rumours as sometimes they are fake ones ( to create big pump ) so i don't like them, and sometimes i buy currency that i like

michelle1845

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I will try to follow some of these tips. Thanks.

Pursuer

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Quote from: TraderETH on August 25, 2016, 12:24:52 AM

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 have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

technical analysis is not enough for trading altcoins, especially coins like ethereum that are being manipulated a lot. you only have to do the analysis as for fun and confidence but it is never going to come true as it does in other bigger markets.
the most important thing in the market is news, it can pump the price to the moon or it can kill it in matter of hours. and you have to be there to use the opportunity the best way you can.

gandame

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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,

When i started in trading i start in a small amount too. But when i learn how to trade i make profit everyday when that time i'm very active in trading but now i trade only 1 once if i have time to do that. But everytime i trade i get profit not so big but its okay because if i gather all of them its a big amount. Choose coins that have potential to go up. Ang make focus.

robertkedves

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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.

Vhern

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Long strategy seems to be effective in some ways or another, I am not a trader however it likes holding a certain coin and if you know it will pump that is the best strategy I have in mind, cause this elliot's wave is killing many traders.

TraderETH

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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 have traded ETC on poloniex's market and i just used analysis tecnical for making prediction of price there are not another, and i use https://cryptowat.ch/poloniex/etcbtc/1h and i use long term strategy.

CraigWrightBTC

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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 think there are two way for make analysis, they are analysis tecnical and analysis fundamental. And you have used all of them, i think you must use analysis who give you profit constanly.

Herbert2020

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as a first step i usually like to check out the announcement topic of the altcoin that i want to invest in, i go there and do a quick check of the project itself and the feedback it has received from other members, and usually stay away from those moderated topics because they are trying to hide something

arseaboy

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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,

me i'm just relying to those rumors and update coming from the thread of my supported coin, i adore your technical analysis mate good job for you.

klf

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Quote from: Leonard2016 on August 24, 2016, 10:03:30 PM

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,

what you do is the best thing you can do in crypto currency markets and to be more sure you should always check the rumours and the tweets, ... to know the news and the hype because most of this market is based on the hyip and rises happen with that only.

This kind of trading is almost equal to gambling because we just guessing that prices may go up based on some rumours but if that didn't happen then we lose money. This is a risky method to trade. I tried my best to understand the prices of altcoins movement but didn't successful so I only trade bitcoins. I don't think anyone can monitor 24 hours for the rumours and tweets to make a profit in each trade.

pooya87

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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,

if it is effective for you then stick to what has worked out for you so far and continue doing the same.
and i have to say you are doing it right, the crypto currency prices, especially those altcoins are mostly affected by the new even some meaningless news can make them rise or fall so following the hype is the best strategy on top of your analysis.

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