Topic: share your tips trading altcoin? (Read 1220 times)
For now i am doing some day trades with altcoins, mostly drk, vrc and doge but Bitcoin is still my main coin and most possibly will stay for a while. I was burned on lot of alts past year, hope this year will bring some profit.
I won't offer any specific coin advice, apart from do your own research. Personally, alts are a huge risk and even though it seems logical that they will rise up with BTC they could tumble down as they could lose importance.
Best advice: Buy low, sell high 
Yesterday I noticed EXCL at 700 sat on Cryptsy. I bought some and sold them today at 1,250 sat.
In the past, I dumped the NOBL I mined. The price went straight down the last weeks, so I decided to collect them and sell to a higher price. They are planning to go PoS soon, that's what moves the price. From 5 to 10 sat. recently.
There are some undervalued coins, dead coins with a new dev or any good news. Or even (mostly on fridays) coins that become target of a pump and dump group (which gives your good trading opportunities). You just have to do research. Stay with established coins as they often (not always) will keep or remain to a certain price.
DRK and LTC on Cryptsy, daily low for several days 0.007x, daily high 0.008x. Keep your eyes on the charts, check often reached price points and try to buy below and sell above those price points.
POT was ranging between 500 and 700 sat the last weeks, QTL had a range of 1,700 to 3,500 sat.
Another trading opportunity are coins with a spread that allows to make profit. If there's a difference of several satoshi between highest buy and lowest sell order, you can make profit with it.
You just need to know the market and put some efforts into proper research.
Yesterday I noticed EXCL at 700 sat on Cryptsy. I bought some and sold them today at 1,250 sat.
In the past, I dumped the NOBL I mined. The price went straight down the last weeks, so I decided to collect them and sell to a higher price. They are planning to go PoS soon, that's what moves the price. From 5 to 10 sat. recently.
There are some undervalued coins, dead coins with a new dev or any good news. Or even (mostly on fridays) coins that become target of a pump and dump group (which gives your good trading opportunities). You just have to do research. Stay with established coins as they often (not always) will keep or remain to a certain price.
DRK and LTC on Cryptsy, daily low for several days 0.007x, daily high 0.008x. Keep your eyes on the charts, check often reached price points and try to buy below and sell above those price points.
POT was ranging between 500 and 700 sat the last weeks, QTL had a range of 1,700 to 3,500 sat.
Another trading opportunity are coins with a spread that allows to make profit. If there's a difference of several satoshi between highest buy and lowest sell order, you can make profit with it.
You just need to know the market and put some efforts into proper research.
i creat this thread and hope more people share his tips to me
yesterday i buy more DGB in rate 48 and i sell in 58
i get profit but DGB fly to the moon in 190sat
are i lose some moment ?? how to know that coin will be fly ?
With research, you want to follow the coins trends watch the charts, and try and find a P&D when you can. use the tools at your disposal, join the coins forum, not just BTT they dont share their knowledge here often. But to get the scoop on n coin its much better to be int their personal community forum where more information is exposed than just here. no one will tell you their pure secrets especially when ti comes to trading, because if everyone knows them they are not so easy or profitable. Even I have things and tricks I use that i tell no one.
But to sum up basically what everyone already knows, Research, use the coins personal community to fir tips as to what the community is doing to increase the price, try to find a way t get some juicy info about a possible P&D and jump on that train when you can. This si a gamble no matter if some want to admit it or not. most of it is luck and knowing when to hold them and when to sell them. momentum is the key watch the momentum.
i creat this thread and hope more people share his tips to me
yesterday i buy more DGB in rate 48 and i sell in 58
i get profit but DGB fly to the moon in 190sat
are i lose some moment ?? how to know that coin will be fly ?
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