How to Trade with Altcoins? | Bitcointalksearch.org

Snail2

legendary

Activity: 1512

Merit: 1000

Quote from: everaja on July 18, 2015, 05:52:03 AM

Hia..
someone told me Altcoins are best to make profits all you need a vigil ming which can smell the right time.
Today i joined Yobit and found that there are lots of coins like bitcoins and we usually buy them at less than 100 satoshis and see them when satoshi price is higher.

1.How to know or predict that the price of this coin will rise in next coming days?
2.How to choose the altcoins to buy?
3.How much should i buy?

I bought about 300+ yovi coins today , will its price hike in day or two , how can i know this.
Thease all ar edumb questions but i need to answer it ....
any suggestion is welcome ! Grin

YOVI / BTC Last: 0.00002270 24High: 0.00002270 24Low: 0.00002270 24V: 0.02 BTC

Volume is something next to nothing, you can use it only on that backyard exchange for paying services what elsewhere you can get for free, I don't see why the price would hike. BTW that whole exchange isn't a really good one. Low volume, loaded with noname crapcoins... :/ You might want to take a look at some bugger exchanges.

Derrike

member

Activity: 84

Merit: 10

Best strategy is the only one and that's buy low and sell high.
Just follow it and you will never regret your decisions.

NorrisK

legendary

Activity: 1946

Merit: 1007

Quote from: everaja on July 18, 2015, 05:52:03 AM

Hia..
someone told me Altcoins are best to make profits all you need a vigil ming which can smell the right time.
Today i joined Yobit and found that there are lots of coins like bitcoins and we usually buy them at less than 100 satoshis and see them when satoshi price is higher.

1.How to know or predict that the price of this coin will rise in next coming days?
2.How to choose the altcoins to buy?
3.How much should i buy?

I bought about 300+ yovi coins today , will its price hike in day or two , how can i know this.
Thease all ar edumb questions but i need to answer it ....
any suggestion is welcome ! Grin

YOVI / BTC Last: 0.00002270 24High: 0.00002270 24Low: 0.00002270 24V: 0.02 BTC

Best is to buy in a coin with a long stable priceline. That way, there is a chance people are accumulating for a pump n dump. Don't buy into coins that have just risen multiple 100%

everaja

hero member

Activity: 490

Merit: 500

~ScapeGoat~

Quote from: tyz on July 18, 2015, 06:24:48 AM

__ this trading strategy is nonsense. They only rise because they got pumped. There is no real value behind a rise, for that reason it is pure gambling and not really predictable___

How they are got Pumped , i have seen guys discussing that they can make 1BTC a week , i think its too risky but it can be done..?

tyz

legendary

Activity: 3360

Merit: 1533

Simple answer: there is no certainty that an altcoin will rise. I heard the strategy several times, just to buy altcoins with a price less than 100 sats stating that it will rise sooner or later. But in my eyes, this trading strategy is nonsense. They only rise because they got pumped. There is no real value behind a rise, for that reason it is pure gambling and not really predictable.

everaja

hero member

Activity: 490

Merit: 500

~ScapeGoat~

Hia..
someone told me Altcoins are best to make profits all you need a vigil ming which can smell the right time.
Today i joined Yobit and found that there are lots of coins like bitcoins and we usually buy them at less than 100 satoshis and see them when satoshi price is higher.

1.How to know or predict that the price of this coin will rise in next coming days?
2.How to choose the altcoins to buy?
3.How much should i buy?

I bought about 300+ yovi coins today , will its price hike in day or two , how can i know this.
Thease all ar edumb questions but i need to answer it ....
any suggestion is welcome ! Grin

YOVI / BTC Last: 0.00002270 24High: 0.00002270 24Low: 0.00002270 24V: 0.02 BTC

Topic: How to Trade with Altcoins? (Read 520 times)