1) Register on the crypto exchange market: Binance, IDEX, Kuckoin.
2) Top up your account with Crypto currency
3) Select the trading pair on which you will trade
4) Study the literature, on trading in financial markets
5) Develop your own trading strategy.
6) Start trading.
Topic: How to trade altcoins?? - page 4. (Read 690 times)
There is a specific thing about altcoins. You have to analyse such things as possible listing on new exchanges, product release, partnerships and so on. Also pay attention to whole market situation which affects not only on BTC and ETH,but also on smaller alts and with negative background alt won't rise
There are many different tactics and strategies, but I think it's worth buying coins for long-term investing because it's a great way to make money.
you need to spend time on the coin you want to deposit, should read their White Map, their opportunity to grow up.
I think that trading is too much for great number of crypto society members, as people enter in trading without real knowledge.
Reading, learning, and investing in education is a must in the first place.
In the begginning trade with small amount and rare, dont do many trades.
Reading, learning, and investing in education is a must in the first place.
In the begginning trade with small amount and rare, dont do many trades.
you should read in detail from the link-sharing friends, then buy the bitcoin for a certain amount of money. you must be a member of a stock exchange that has a volume that is high enough to fit your head. But you should look at how much tokens are produced, the highest and lowest prices. what is the total volume and how to find its purpose. Do not forget the most important thing you need to do. Panic is to stay away from sales and be patient.
Investing is always just an investment, and if you want to make long-term investments, you need to be in control of a very good source of capital (especially with the cryptocurrency market), you can get x3 or even x10 overnight. You can also lose it after only 1 hour. Because if you do not control your capital and your emotions, you will be very affected, especially your psychological and personal status, and your family will be upset.
There is nothing complicated. The first stage is to choose the exchange. The second stage is trading. Until there is no experience work with small amounts of money. In parallel read books and this forum. Everything will come with time.
In order to learn how to trade altcoyins, you have to read a lot about the trade in crypto currencies. In this forum you can find all the information on this issue. No one can help you, you are your own assistant in this matter.
first you choose the market
register to that market
deposit your capital
the you buy the altcoin at the lowest rate example you but btc in $1 then you sell in $2
register to that market
deposit your capital
the you buy the altcoin at the lowest rate example you but btc in $1 then you sell in $2
Self study is the best way,
goto Trading Discussion for great assistance, investopedia for resources, and youtube for tutorials
goto Trading Discussion for great assistance, investopedia for resources, and youtube for tutorials
Good day!! Guys I want to learn how to trade altcoins?
I just wanna ask what are the fundamentals?
I just wanna ask what are the fundamentals?
First, you need to know where exactly the alt coins is listed.
there are many exchanges in the community and different ICO have different exchange.
Better thing to have is join their telegram and social media account.
you should read in detail from the link-sharing friends, then buy the bitcoin for a certain amount of money. you must be a member of a stock exchange that has a volume that is high enough to fit your head. But you should look at how much tokens are produced, the highest and lowest prices. what is the total volume and how to find its purpose. Do not forget the most important thing you need to do. Panic is to stay away from sales and be patient.
Good day!! Guys I want to learn how to trade altcoins?
I just wanna ask what are the fundamentals?
Trading altcoins follow the same principles as the principles of trading stocks and there have been millions of books written about the subject, read a few books and then come back with more specific questions since it is impossible to explain to you the fundamentals of trading in a short post, read different books and find the one that you like the most and understand it well, if you do you will have an advantage over most traders. I just wanna ask what are the fundamentals?
It seems to me you are newbie for cryptocurrency. It doesnt matter. You can use binance , bittrex, kucoin exchanges for trading alts. Those exchanges gas own wallets. You can send your btc or eth to that wallet and buy alts from their. Be sure to use google authentication for safe
Good day!! Guys I want to learn how to trade altcoins?
I just wanna ask what are the fundamentals?
I just wanna ask what are the fundamentals?
Well buy good quality coins, dont listen to your friends or shills on twitter and other social media. And most importantly never ever fomo into anything, you will always get a retrace and better opportunity to buy.
Good day!! Guys I want to learn how to trade altcoins?
I just wanna ask what are the fundamentals?
I just wanna ask what are the fundamentals?
my tip:
choose altcoins that are relative new and listed on many exchanges.
they have different prices accross different exchanges.
it's good to monitor the prices of these coins, wait for chances that are the prices are different more than 10%.
if the variation is high, do buy/sell. buy altcoins at the exchange that's at least 10% cheaper than other, and transfer these coins to the exchange that you can sell at 10% more than other exchange.
do this little by little and after some time your overall holdings will be much higher than what you had in the beginning.
One of the ways to earn big profits quickly is doing and immerse yourself in the world of trading, you can study the analysis up to the tricks that rely on trading, in addition you can find relevant information about the latest issues altcoin can through social media or join the community related
I agree with you, Trading is really a big opportunity for people to earn big profits quickly or in long term period, every trader had his own strategy, by selling and holding altcoins, To be a successful trader you should make some knowledge and build a good experience in this field.
Well, do not start in that field without good knowledge in the basics of digital currencies (Altcoins). Furthermore, I think you must learn how to read the analysis in a smart way, and I advise you to choose some useful books because they can certainly help you to learn and understand many things related to cryptocurrencies.
In fact, you must avoid and get away from the media because they always manipulate the beginners of traders through many fake information and news, o do not believe them and try to help you with your own experience and trust me, no one in your place.
Moreover, I think the best first decision for you in that field is starting with a low budget because possibly you will lose a big amount of money in the beginnings, and believe me, through the failed experiences, you can learn well the crypto, and with them you will earn a good amount of money in the next attempts.
In fact, you must avoid and get away from the media because they always manipulate the beginners of traders through many fake information and news, o do not believe them and try to help you with your own experience and trust me, no one in your place.
Moreover, I think the best first decision for you in that field is starting with a low budget because possibly you will lose a big amount of money in the beginnings, and believe me, through the failed experiences, you can learn well the crypto, and with them you will earn a good amount of money in the next attempts.
Man, I suggest you check out this channel: https://www.youtube.com/user/Entrt4inment.
Here the guy created a great and very useful video on how to read charts and eventually trade: https://www.youtube.com/watch?v=8PTASJca1SM
Enjoy!
Here the guy created a great and very useful video on how to read charts and eventually trade: https://www.youtube.com/watch?v=8PTASJca1SM
Enjoy!
altcoin is basically a digital currency if we want to trade we must have basic knowledge first. ie know when we buy and when we sell it.
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