New to alt coin trading, Help - page 2.

BitcoinPC

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Quote from: dunfida on September 24, 2016, 09:19:53 AM

Quote from: amacar2 on September 05, 2016, 02:05:28 PM

Exchanges to use :
poloniex.com
bittrex.com
c-cex.com
yobit.net

Tips: don't buy when price is pumping and don't sell being panic when price gets like 10-20% down within a day time. And also don't follow what chat box suggest you, in altcoin world fud/hype plays important role in manipulating market stay careful.

This suggestion would be the best to consider and i totally agree with him, dont follow on the hypes and speculation especially on the troll box because if you follow them for sure you would lost some of your investments because they are just promoting their coins which doesnt have any guarantee to pump.

I also like these points, but sometime in chat box, some suggestion useful, i am not saying that all are saying right in chat box, but sometime it will be true.
And also if you have skills to do trading than you will be succeed, i saw majority of the persons who have no patience and become panic and sell their all coins in frustration and later on they realize that they have lose.

0day

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Quote from: JeffBrad12 on September 14, 2016, 08:53:51 PM

Quote from: 0day on September 13, 2016, 04:08:58 PM

Quote from: Miss Bitco on September 13, 2016, 09:30:23 AM

Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.

Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.

not forever the alt coins are having a reliable developer will having the happy ending, maybe there are a lot of example like that. I think too difficult just considering about their developer. and there is no guarantee about your profit if choosing the altcoins with the reliable development.

But if the developers disclose their identity and they share all their activity with public so we will be able to know that how much they can struggle for their coin and how much they are reliable and by showing their identity they will not commit to scam people.

dunfida

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Quote from: amacar2 on September 05, 2016, 02:05:28 PM

Exchanges to use :
poloniex.com
bittrex.com
c-cex.com
yobit.net

Tips: don't buy when price is pumping and don't sell being panic when price gets like 10-20% down within a day time. And also don't follow what chat box suggest you, in altcoin world fud/hype plays important role in manipulating market stay careful.

This suggestion would be the best to consider and i totally agree with him, dont follow on the hypes and speculation especially on the troll box because if you follow them for sure you would lost some of your investments because they are just promoting their coins which doesnt have any guarantee to pump.

Xenophoto

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Remember to be very patient. The basic fundamental of altcoin trading is to buy low and sell high. Sometimes you can make short trades but that's not always the case. What's mostly the case is that you're going to wait for days/weeks before you can get some actual profit. In short trades, the only ones who's making some actual profits are the ones who bought a lot of that altcoins. If you're going to buy a little amount of that altcoin and then short trade it, it's almost as if nothing has added to your Bitcoin balance.

betlord90

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Quote from: mikehersh2 on September 05, 2016, 01:21:47 PM

Hi

I want to get into trading alt coins. Where do i start, how do i begin? any advice? thanks!

Many bigginers now in trading are lose their money because they are lack of knowledge about altcoins. As i can see many traders are get big profit by doing shory trade. Because short trade is very easy to earn bitcoin you must see the coins active and see how much different price between buy and sell if the different is 100- 300 sat that is good for short trade.

mirakal

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Quote from: pooya87 on September 24, 2016, 12:03:29 AM

Quote from: Omegasun on September 20, 2016, 08:31:28 AM

Quote from: Rockie1234 on September 20, 2016, 08:24:56 AM

If you are looking to trade seriously for profit, you need some knowledge to apply to your trading. Most of trading is just trying out what works, but you need some basic knowledge. There are many good books out there, so I'll only recommend one to simplify your research. "Technical analysis for dummies" by Barbara Rockefeller is quite useful.

I already read that books but honestly i didn't get its objective and all the point is theoretical. For me experience is the best teacher and no books can be better on it. Hahaha. I lose some btc when i'm newbie at trading but that loses teach me many lessons and now i apply it and trade on profit.

i don't like reading these types of books. they are very informative and good but i find it a tedious amount of work to read it all for something that is not really going to work for trading especially trading crypto currencies. you can read some articles online though.

They are just our reference and theory in trading and we know that theory are not applicable in real practice sometimes, so the best way to learn in trading is through enough knowledge and more experience.

pooya87

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Quote from: Omegasun on September 20, 2016, 08:31:28 AM

Quote from: Rockie1234 on September 20, 2016, 08:24:56 AM

If you are looking to trade seriously for profit, you need some knowledge to apply to your trading. Most of trading is just trying out what works, but you need some basic knowledge. There are many good books out there, so I'll only recommend one to simplify your research. "Technical analysis for dummies" by Barbara Rockefeller is quite useful.

I already read that books but honestly i didn't get its objective and all the point is theoretical. For me experience is the best teacher and no books can be better on it. Hahaha. I lose some btc when i'm newbie at trading but that loses teach me many lessons and now i apply it and trade on profit.

i don't like reading these types of books. they are very informative and good but i find it a tedious amount of work to read it all for something that is not really going to work for trading especially trading crypto currencies. you can read some articles online though.

Cast12

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If you want to keep your coins on an exchange Don't since they are prone to being hacked(like bitfinex was) and or are scammers(Cryptsy is an example). For some altcoins that you can invest in, I'd suggest eth as they seem to be pretty legit.

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Quote from: densuj on September 23, 2016, 09:04:05 PM

Quote from: serjent05 on September 18, 2016, 05:42:01 AM

Quote from: Zadicar on September 18, 2016, 12:19:17 AM

Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

I agree with you there's no constant earnings on trading on daily basis since we don't know the movement of market price same as you said. But I disagree with you when you say that we would earn huge amount. On the first attempt it doesn't even guarantee us since we must be knowledgeable on doing trading because in first time we trade for sure we would not easy as it sounds.

Yes there is no constant earnings on trading., the daily transaction is different every day. If you will only watch how the coin behave everyday, you can see the ups and downs of the coin, that shows how the trading is done, there will be a scenario where lots of people are buying the said coin and the other day it has a zero volume.

Unfortunately it is worth for me, i have system trading by my self. It was gave me profit from trading altcoins on poloniex, the profit constantly is mean i can make withdrawal profit from trading, although just small amount of profit.

Sometimes you're need for think for a twice for spending your profit from the trading into your capital and make your capital is grow more and more, so you will get more profit for that and that is a good way.

densuj

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Quote from: serjent05 on September 18, 2016, 05:42:01 AM

Quote from: Zadicar on September 18, 2016, 12:19:17 AM

Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

I agree with you there's no constant earnings on trading on daily basis since we don't know the movement of market price same as you said. But I disagree with you when you say that we would earn huge amount. On the first attempt it doesn't even guarantee us since we must be knowledgeable on doing trading because in first time we trade for sure we would not easy as it sounds.

Yes there is no constant earnings on trading., the daily transaction is different every day. If you will only watch how the coin behave everyday, you can see the ups and downs of the coin, that shows how the trading is done, there will be a scenario where lots of people are buying the said coin and the other day it has a zero volume.

Unfortunately it is worth for me, i have system trading by my self. It was gave me profit from trading altcoins on poloniex, the profit constantly is mean i can make withdrawal profit from trading, although just small amount of profit.

daringdiscovered

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Quote from: Omegasun on September 20, 2016, 08:31:28 AM

Quote from: Rockie1234 on September 20, 2016, 08:24:56 AM

If you are looking to trade seriously for profit, you need some knowledge to apply to your trading. Most of trading is just trying out what works, but you need some basic knowledge. There are many good books out there, so I'll only recommend one to simplify your research. "Technical analysis for dummies" by Barbara Rockefeller is quite useful.

I already read that books but honestly i didn't get its objective and all the point is theoretical. For me experience is the best teacher and no books can be better on it. Hahaha. I lose some btc when i'm newbie at trading but that loses teach me many lessons and now i apply it and trade on profit.

I agree, each of us will have a different experiences in trading. It's up to us how to overcome when we make mistakes. Surely will lose at first but as time passes you will get better in trading and start earning some real profits from it. I think not just in trading that experience is our best teacher but in our whole life. Cheesy

Omegasun

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Quote from: Rockie1234 on September 20, 2016, 08:24:56 AM

If you are looking to trade seriously for profit, you need some knowledge to apply to your trading. Most of trading is just trying out what works, but you need some basic knowledge. There are many good books out there, so I'll only recommend one to simplify your research. "Technical analysis for dummies" by Barbara Rockefeller is quite useful.

I already read that books but honestly i didn't get its objective and all the point is theoretical. For me experience is the best teacher and no books can be better on it. Hahaha. I lose some btc when i'm newbie at trading but that loses teach me many lessons and now i apply it and trade on profit.

Rockie1234

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Activity: 476

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If you are looking to trade seriously for profit, you need some knowledge to apply to your trading. Most of trading is just trying out what works, but you need some basic knowledge. There are many good books out there, so I'll only recommend one to simplify your research. "Technical analysis for dummies" by Barbara Rockefeller is quite useful.

KingdomHearts

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i think first you start trading of Alt coin from yobit because yobit is very easy exchange and you should buy maximum coin and and when i was new trader i also use yobit for trading and there is a lot exchange for trading but i prefer yobit.

shane

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Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

if you have a great skill with highest capital management also good trading plan, i think constanly profit is very possible, i have real friend where he can constanly profit arround $1000 per month from poloniex trading.

rizkyhiw

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Quote from: Rukusilf on September 12, 2016, 12:59:10 PM

Quote from: rizkyhiw on September 12, 2016, 02:33:52 AM

Quote from: Osarman on September 10, 2016, 02:17:32 PM

i think you start Altcoin trading from yobit and a huge of people are also using yobit for trading because yobit is much more good and secure and yobit is very popular and i also using yobit for trading .

for me yobit only be good place to train your skills in the beginning .
but not good at all later if you continue trading for long term.
they are indeed have a lot of choice to trade altcoin.
but yobit for me morelikely to a scam trading platform if you trade in high amount.

I mainly use the Poloniex for most of my trading. If the coin is not liquid, I will use the Bittrex. It is also good.

poloniex and bittrex are the most trusted trading exchange that have a lot of altcoin listed
i will believe on them for now , but never believe 100% of course
just avoid to trading on yobit ,this is personal advice (ignore me if you have different thoughts)
trading altcoin also frequently feel like gambling , as the price looks bouncing randomly

serjent05

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Quote from: Zadicar on September 18, 2016, 12:19:17 AM

Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

I agree with you there's no constant earnings on trading on daily basis since we don't know the movement of market price same as you said. But I disagree with you when you say that we would earn huge amount. On the first attempt it doesn't even guarantee us since we must be knowledgeable on doing trading because in first time we trade for sure we would not easy as it sounds.

Yes there is no constant earnings on trading., the daily transaction is different every day. If you will only watch how the coin behave everyday, you can see the ups and downs of the coin, that shows how the trading is done, there will be a scenario where lots of people are buying the said coin and the other day it has a zero volume.

Zadicar

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Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

I agree with you there's no constant earnings on trading on daily basis since we don't know the movement of market price same as you said. But I disagree with you when you say that we would earn huge amount. On the first attempt it doesn't even guarantee us since we must be knowledgeable on doing trading because in first time we trade for sure we would not easy as it sounds.

ethereumhunter

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Quote from: yolanda222 on September 17, 2016, 11:06:12 PM

Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

yes i am agree this, for first trading, i think we can get our luck to earn huge amount but after that, we still need to learn to get profit, and there many mistake that we do but don't afraid, because its normal. every trader will get loss and profit and its a good if we can take the lesson from this.

yolanda222

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Quote from: densuj on September 17, 2016, 10:25:51 PM

There are place for start trading altcoins, you can try on poloniex, yobit or other markets. But before you start trading altcoins, you must have system trading (way trading some people call it with trading plan) it can help you for getting profit constantly from trading.

No constant at all , we don't know about market price so you can't earn constantly from trading. But , you can earn huge amount in first attempt because luck and fate also a bit of knowledge about volume and community

Topic: New to alt coin trading, Help - page 2. (Read 5618 times)