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Topic: Short term trading altcoin (Read 225 times)

full member
Activity: 322
Merit: 100
August 24, 2018, 03:25:44 AM
#34
I dont think short term trading is profitable nowadays. Not now that market is bleeding and all altcoins value continously going down.
full member
Activity: 966
Merit: 100
August 23, 2018, 11:59:26 PM
#33
If you like for trading dayli or short term you should look and research for good news or if you an expert you can read the statistic, for now please look at  bitcoin diamond.
full member
Activity: 658
Merit: 100
August 23, 2018, 10:54:08 PM
#32
What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
Short-term trading is not very profitable in trading,
if you want to get bigger profits you can trade or invest long term, even though with a greater risk compared to investing or short-term trading
member
Activity: 223
Merit: 11
August 23, 2018, 09:49:22 PM
#31
As of this day, short term trading is not so good. Cryptomarket is at the losing state, maybe you should try investing/buying as of this time. Hodl it dor a while.
sr. member
Activity: 644
Merit: 261
August 23, 2018, 08:12:36 PM
#30
An altcoin that has much volume like Ether, ripple or waves are good for short term trading since it offer more liquidity for price movement to enables you to make trades from it.

I agree with those coins that has high volume because there is liquidity so you can take advantage of its movement since there are always traders on it unlike those low volume coins wherein there are times when there is no movement at all and there is a risk as well that it will just become a pump and dump coin so as much as possible, avoid those low volume coins for short term trading.

stellar lumens is a coin that is perfect for you now, because stellar lumens movement is very fast compared to other altcoins, I also trade on stellar lumens because its faster movement is suitable for the short term

I also like Stellar Lumens because it's a high volume coin and fibonacci retracement is working on it although it's not applicable all the time but still working so I already have an advantage using this indicator. An indicator most likely will work on high volume coins because many traders are also using it so you will have the same support/resistance level.
sr. member
Activity: 952
Merit: 308
August 23, 2018, 07:07:56 PM
#29
stellar lumens is a coin that is perfect for you now, because stellar lumens movement is very fast compared to other altcoins, I also trade on stellar lumens because its faster movement is suitable for the short term
sr. member
Activity: 434
Merit: 250
August 23, 2018, 06:45:22 PM
#28
If you want to invest in altcoins, then this time EOS is the crypto worth the most investment when the rate of crypto is continuously increasing rapidly in recent times. Compared to the cryptos in the top 15 CMC market, the EOS is currently at the top with very large growth.
member
Activity: 322
Merit: 10
August 23, 2018, 06:40:49 PM
#27
What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
I think that at this time we should only short-term investment in altcoin, you can see that the market is constantly fluctuating, the price of bitcoin is constantly adjusting and can decrease at any time, bitcoin price The reduction will cause the prices of altcoin to fall sharply and therefore I believe you should not invest in altcoin when the market is in a bear market in the long term.
member
Activity: 350
Merit: 10
August 23, 2018, 06:21:15 PM
#26
An altcoin that has much volume like Ether, ripple or waves are good for short term trading since it offer more liquidity for price movement to enables you to make trades from it.
full member
Activity: 434
Merit: 102
Chikuntv
August 23, 2018, 04:28:49 PM
#25
LTC, DGB, NANO, BELLA, all coins with fast transactions
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
August 23, 2018, 02:17:37 PM
#24
Volatility could mean either profit and success, and nobody's going to simply give you instructions on what coins to invest in- that's where expertise and learning comes in. Sure, there is definitely luck in picking a coin, but if you do research and don't invest in shitcoins that are clearly poorly made or have little potential, you have a good chance to turn a profit.

Always remember to never invest more than you can afford to lose. You're not completely gambling here, but with the bear market we're currently in, it's easy to lose a portion of your money while trading in just a few hours.

I typically go for longer-term trading, as it's always been my strong point, and I try to stay away from short-term altcoin trading. However, if you're executing your strategies correctly, there is profit to be found.
full member
Activity: 448
Merit: 100
August 23, 2018, 02:09:15 PM
#23
I think in the crypto, working for such little profits is the worst thing one can do, I would rather hodl despite loss instead of looking at screen all the day.
sr. member
Activity: 742
Merit: 253
August 23, 2018, 12:55:00 PM
#22
Don't know exactly what Altcoin is best at the moment because it will likely turn out to be unpredictable so I don't use Altcoin as a short term or as a daily, with very fast turnaround making it difficult to get daily profits, it all depends on your taste in managing your money well often people suggest not with more convincing details, of course everyone knows that the top-ranking coins are the best and most likely to go up, so to analyze them first because the market has not shown their best moves lately.  Smiley
newbie
Activity: 70
Merit: 0
August 23, 2018, 11:58:46 AM
#21
Nobody can make that decision for you. You ought to make that decision yourself. You have to go to coinmarketcap cap and select altcoin based on volume and also study it very well to know the best time to trade it. This is just the secret.
sr. member
Activity: 644
Merit: 263
August 23, 2018, 11:30:25 AM
#20
What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please

It means you talking about the crypto coins which are too swingy in the nature. Such coins can give you nice profits if you play safe and have no greeds for the higher % as you stated with your post. I guess in the list I have TRX, XVG, XRP and these are three best and shitcoins which can give you those patterns so that you can earn quick bucks with the simple % hikes and downs over the short period of time.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
August 23, 2018, 10:47:29 AM
#19
Ether could be the best altcoin that can be used for short term trading. Ether has been highly volatile just like bitcoin from the past few months. Being a potential coin it might give you better returns than any other coins. It is at a very low price right now when compared to a few months ago and buying it at a such a low price will definitely give you bigger returns if you wait for a longer time.
newbie
Activity: 52
Merit: 0
August 23, 2018, 10:42:01 AM
#18
short-term tradig has many risks but with a good analysis it can operate.
full member
Activity: 1554
Merit: 101
August 23, 2018, 10:35:20 AM
#17
i dont get what you said, you say buy in 500 then get 550 in half day, So that mean 10%, and if that continues in 10 day u will get 100%, what do you meaning of small profit???
i think it not work, especially market bleeding now, i think 3-5% it already good for one week.
full member
Activity: 434
Merit: 126
August 23, 2018, 10:30:43 AM
#16
What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
market conditions for now are very good for you to start trading, because all altcoins experience a very sharp decline and this is perfect for those of you who want to make a profit in the slightest difference from the purchase.
if you want to choose which altcoin you want to trade if you have a small capital in your trade you can choose a coin that has a small value, but if you have a large money capital you can more easily benefit from the altcoin that you hold later by using it coin prices fluctuate quickly.
legendary
Activity: 1442
Merit: 1025
August 23, 2018, 08:06:07 AM
#15
What do you think which is the best altcoin for Short term trading? I like to get little profit. That means, suppose I bought a altcoin at 500 satoshi, after 1/2 days I will sell 520/550 satoshi. That's small profit. which coin is better? I also thinking about DCT. What do u think? Share please
You may go for anything as long as they are all profitable to you. Short or long term trading with either bitcoins and altcoins will be good if you are able to make some profits consistently.

Personally and over the years, I have always preferred the idea of long term trading than holding or short term trading. The fluctuations will always be there and all the corrections, so trying to take advantage of the long term possibilities of trading the fluctuations with trend changing is one thing I have always stuck to than holding. Holding is good and no one should get me wrong, but that should be when you do not have the trading knowledge.
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