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Topic: How to be a good traders of altcoins? - page 3. (Read 4875 times)

hero member
Activity: 1190
Merit: 541
August 22, 2019, 12:02:33 AM
#71
If you really wants to make money from altcoins trading, the easiest and the best way is to trade them in a short term, because if you buy an altcoins, and you see a surge and refuse to take your profit, hoping and believing that such project will be higher in future, you may have just lost a onetime opportunity in life because altcoins are not good for long term investment, not even for constant trading but a short term trades.

In near future, I see majority of the altcoins that we have now really leave the market and now we have seen with our eyes too what is happening with majority of them has bitcoin has been the main market dominance for a while now, and the only coins that are still trying are the opens within the top coins, so those are the only ones we can still manage to trade and then hold for long term as you said.
sr. member
Activity: 1652
Merit: 262
August 21, 2019, 09:44:48 PM
#70
the main theory of trading is to buy cheap and then sell it when prices go up many times the purchase price to make big profits. is now the right time? maybe yes, maybe not. the reason is, the first market is indeed falling, there is definitely a possibility to go up again, then this is arguably a good opportunity.

secondly, the market may still delay to rise, or long term, so it can be called long-term investment not trading if it is like that.
legendary
Activity: 2324
Merit: 1604
hmph..
August 21, 2019, 06:49:15 PM
#69
- to maintain the security of your funds, you also need to have good mental management so that you don't panic easily.

I have some to add this point, patients, discipline and take profit if have a chance to get it. sometimes, when coin going up, we hope it can more higher. but, market say different. then, we lose everything after few minutes. chance to get profit lose and coin going down more deep.
full member
Activity: 896
Merit: 108
August 21, 2019, 06:40:36 PM
#68
- the main strategy: buy low, sell high.
- To determine the right sell and buy positions, you must understand: the analysis technique uses many indicators available on the chart. frequently used are Bollinger bands and MACD.
- to get the right momentum, you also have to update information related to news and rumors circulating.
- to maintain the security of your funds, you also need to have good mental management so that you don't panic easily.
complex right? well the theory is easy to learn but the practice is difficult. Need experience.
sr. member
Activity: 763
Merit: 252
August 21, 2019, 06:08:27 PM
#67
if you want to be a good trader you need long patience. study about what altcoin you bought learn to wait timing and strategy less emotion also.
hero member
Activity: 1582
Merit: 523
August 21, 2019, 06:05:59 PM
#66
To be a good trader you must be knowledgeable about the crypto market condition. Always put in mind that invest on what you can afford in crypto. Also before investing understand and analyze the market situation these days just like in altcoin price can’t recover yet.  Never invest without knowing the risks and invest on top coins in the market.
sr. member
Activity: 1680
Merit: 263
August 21, 2019, 05:14:30 PM
#65
A trader must have extensive knowledge about the world of cryptocurrency as a basis, it all depends on you own in managing strategies because everyone is not always the same even if directed correctly. In my opinion, don't be greedy in the sense of starting by buying little by little quality coins in the market. Understand the situation and conditions so that when buying or selling can be right and do not forget to always do research before joining the project
newbie
Activity: 140
Merit: 0
August 21, 2019, 05:03:55 PM
#64
I am not aware of shipping details, bro. Better ask them via mail or call at the office.
yeah, sure thanks for communication! Goodl luck!
You too! Good luck in mining!
newbie
Activity: 70
Merit: 0
August 21, 2019, 05:03:34 PM
#63
I am not aware of shipping details, bro. Better ask them via mail or call at the office.
yeah, sure thanks for communication! Goodl luck!
newbie
Activity: 140
Merit: 0
August 21, 2019, 04:56:00 PM
#62
I am not aware of shipping details, bro. Better ask them via mail or call at the office.
newbie
Activity: 70
Merit: 0
August 21, 2019, 04:55:45 PM
#61
This is not a problem yeah? Shipping in US is rather bad) Honestly
sure, I have ordered on ebay and it takes minimum 7 days to receive a parcel at my local point. But big companies like asicequipment ship by dhl or ups, do you know?
member
Activity: 194
Merit: 10
August 21, 2019, 04:52:00 PM
#60
When it comes to the trading of altcoin the I find it is one of the most complex jobs. There are lot of chances and possibilities. So to become a good trader of altcoins what are the main strategies do we need to have? Is it the best time to put money on the altcoin?

To become a good trader in the crypto market, you need to learn the basics of trading on exchanges.For this, various books on exchange trading and training videos on YouTube are suitable. Next, you need to try to trade in practice for small amounts of money. Try to trade, knowledge + experience will make you a good trader in the crypto market.
newbie
Activity: 140
Merit: 0
August 21, 2019, 04:46:32 PM
#59
This is not a problem yeah? Shipping in US is rather bad) Honestly
newbie
Activity: 70
Merit: 0
August 21, 2019, 04:46:14 PM
#58
I see this site, but not acquainted with them at all, have you find any reviews on them?
yeah, quite much neutral and positive reviews in mining communities and Bitcointalk as well. However they imply that asicequipment has problems with shipping. Takes quite long they say.
newbie
Activity: 140
Merit: 0
August 21, 2019, 04:35:39 PM
#57
I see this site, but not acquainted with them at all, have you find any reviews on them?
newbie
Activity: 70
Merit: 0
August 21, 2019, 04:35:24 PM
#56
hi, anybody aware of mining prospects in US? I have a total of 8.000 dollars savings, should I start some mining activity or just invest in coins?
Much depends on your possibilities, cost of electricity, storage space, isolation of sound. Are you prepared?
yes, I have predicted all factors and ready for costs. Moreover I have conducted a small research regarding equipment and found S17 model on clearance on asicequipment.com. Just as an example.
newbie
Activity: 140
Merit: 0
August 21, 2019, 04:27:39 PM
#55
hi, anybody aware of mining prospects in US? I have a total of 8.000 dollars savings, should I start some mining activity or just invest in coins?
Much depends on your possibilities, cost of electricity, storage space, isolation of sound. Are you prepared?
newbie
Activity: 70
Merit: 0
August 21, 2019, 04:26:12 PM
#54
hi, anybody aware of mining prospects in US? I have a total of 8.000 dollars savings, should I start some mining activity or just invest in coins?
member
Activity: 364
Merit: 10
August 21, 2019, 12:45:21 PM
#53
To be a good trader of alternative coins, you need to first understand the market conditions, study and analyse everything that happens in cryptocurrency industry and also know when to buy and sell off coins at the best time
copper member
Activity: 336
Merit: 5
August 21, 2019, 12:29:59 PM
#52
When it comes to the trading of altcoin the I find it is one of the most complex jobs. There are lot of chances and possibilities. So to become a good trader of altcoins what are the main strategies do we need to have? Is it the best time to put money on the altcoin?

Am in agreement with the fact that there are lots of chances and possibilities with altcoin, but trading requires a great deal of patience and experience to succeed. I am of the opinion that the trading skills should be gotten before putting in money in altcoin trading to avoid issues of losses.
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