The Art of Trading BTC to ALT Coins-Share your Experience for Noob - page 2.

BTCdoaA

hero member

Activity: 910

Merit: 500

Quote from: Krayshock on April 05, 2016, 10:23:19 AM

I use YoBit at the moment since that is where I get my btc for trading (see signature campaign)
I'm planning to put more btc to bittrex and poloniex

Yobit has many coins and it is very difficult to use from web-design side not as bittrex & poloinex . Actually you can also gain profit from trading in yobit ,easy one . now i am trading post\bios in yobit buy 147 selling not yet price 300 now.

lumeire

legendary

Activity: 1848

Merit: 1009

Next-Gen Trade Racing Metaverse

Currently venturing into trading nowadays, also using CAT. I profited 0.04 on the AMP surge the other day using only 0.01BTC initial buy, plus additional 0.03 gains on trading other coins. However, if you'd look at BittrEX today, most of the coins with volume are bleeding red. In the end I lost about 0.05, so just a little profit but yes, a lot has been learned.

Krayshock

member

Activity: 84

Merit: 10

I use YoBit at the moment since that is where I get my btc for trading (see signature campaign)
I'm planning to put more btc to bittrex and poloniex

BTCLovingDude

legendary

Activity: 1134

Merit: 1010

BTC to the moon is inevitable...

i also use bittrex for trading altcoin and it is mostly because i used to trade on poloniex and since they changed their rules i switched my exchanger.

Nimbulan

hero member

Activity: 658

Merit: 500

Quote from: BTCdoaA on January 25, 2016, 06:04:57 AM

Hi

As All we know that trading is the best way to make and earn extra income of BTC , But many of noob enter this world without experience !!
So i will start by my self .
i don't have much experience to share but here is mine :

- i use bittrex for trading bitcoin to alt coin -(Better to use only trusted exchange with a huge no of sellers\buyers )
- I always look at the thread of the coin that i am going to buy .
- i am not greedy so small profit is good for me per day.
- Just follow other - for a short time only (Demand)
waiting for your experiences and advises .

Thanks

good that you are okay with small profits, it is good to start trading with them, and you have to keep eye on price lots of times in one day because price can change a lot in one day, buy when price is small and wait for small price rise, then sell them, and wait for price fall again, this way you will get profit

Krayshock

member

Activity: 84

Merit: 10

Quote from: kyrios_ on April 03, 2016, 09:58:32 AM

Quote from: Master_dandosha on April 03, 2016, 09:52:39 AM

Quote from: Krayshock on April 03, 2016, 08:24:38 AM

Well, I made $20 after 5 days and I just started at $1. Seriously. What I did is I researched a lot in every single coin with high volume. Then I invested on some potential coins that might raise asap. I chose those coins with high volume w/ low price (ex. PEO, which is trash right now btw, @ 9 sats) then I tried to put a hype (which turned out to be effective) and many people bought the coins. After earning, I know that people are gonna dump the coin so I never came back to PEO anymore.
You see, this is about making a hype or riding with the hype
Actually, the ultimate key to earn is to buy low and sell high. It might take days, but it's all worth it as long as the coin is not going to dump w/in 96 hours or you're dead

Totally agree with you . the key point you did is research -deep research about the coin . even if you loose after some dump definitely the coin will raise again because it has potential.
Thanks for sharing experience.

what kinda characteristics do you look at

You can check out the altcoin section of this forum and some blogs. They may give you tips on how to predict the market flow of the altcoins and you may check the dev's activity here in the forum since usually devs post here to introduce and advertise their coins before, during, and after the coins are listed to the different cryptocurrency trading platforms around.

yenxz

sr. member

Activity: 294

Merit: 250

Quote from: BTCdoaA on January 25, 2016, 06:04:57 AM

Hi

As All we know that trading is the best way to make and earn extra income of BTC , But many of noob enter this world without experience !!
So i will start by my self .
i don't have much experience to share but here is mine :

- i use bittrex for trading bitcoin to alt coin -(Better to use only trusted exchange with a huge no of sellers\buyers )
- I always look at the thread of the coin that i am going to buy .
- i am not greedy so small profit is good for me per day.
- Just follow other - for a short time only (Demand)
waiting for your experiences and advises .

Thanks

bittrex is most popular altcoin exchange,many people use it,and i have good experience there,i have many time trade altcoin and get many profit,Neucoin is the best altcoin for me to give profit on bittrex,but now neucoin price is really bad Sad

kyrios_

full member

Activity: 210

Merit: 100

Quote from: Master_dandosha on April 03, 2016, 09:52:39 AM

Quote from: Krayshock on April 03, 2016, 08:24:38 AM

Well, I made $20 after 5 days and I just started at $1. Seriously. What I did is I researched a lot in every single coin with high volume. Then I invested on some potential coins that might raise asap. I chose those coins with high volume w/ low price (ex. PEO, which is trash right now btw, @ 9 sats) then I tried to put a hype (which turned out to be effective) and many people bought the coins. After earning, I know that people are gonna dump the coin so I never came back to PEO anymore.
You see, this is about making a hype or riding with the hype
Actually, the ultimate key to earn is to buy low and sell high. It might take days, but it's all worth it as long as the coin is not going to dump w/in 96 hours or you're dead

Totally agree with you . the key point you did is research -deep research about the coin . even if you loose after some dump definitely the coin will raise again because it has potential.
Thanks for sharing experience.

what kinda characteristics do you look at

Master_dandosha

hero member

Activity: 714

Merit: 500

IF YOU Enjoy Trade with ME ..PUT Feedback Please

Quote from: Krayshock on April 03, 2016, 08:24:38 AM

Well, I made $20 after 5 days and I just started at $1. Seriously. What I did is I researched a lot in every single coin with high volume. Then I invested on some potential coins that might raise asap. I chose those coins with high volume w/ low price (ex. PEO, which is trash right now btw, @ 9 sats) then I tried to put a hype (which turned out to be effective) and many people bought the coins. After earning, I know that people are gonna dump the coin so I never came back to PEO anymore.
You see, this is about making a hype or riding with the hype
Actually, the ultimate key to earn is to buy low and sell high. It might take days, but it's all worth it as long as the coin is not going to dump w/in 96 hours or you're dead

Totally agree with you . the key point you did is research -deep research about the coin . even if you loose after some dump definitely the coin will raise again because it has potential.
Thanks for sharing experience.

kyrios_

full member

Activity: 210

Merit: 100

Quote from: ashkanb on March 27, 2016, 11:42:37 AM

in my experience, the fundamentals of trading altcoins is the same as trading every other asset that has ever been, since people invented trading;
invest some time in studying fundamentals of trading, read every good book you can find.
anyone can easily find beginner or specialized lists of books online everywhere and most of them will be available as pdf downloads.

trading fundametals involves looking at the fundamentals of the asset. for alt coins, anyone knows what fundamentalsare there to look at

Krayshock

member

Activity: 84

Merit: 10

Well, I made $20 after 5 days and I just started at $1. Seriously. What I did is I researched a lot in every single coin with high volume. Then I invested on some potential coins that might raise asap. I chose those coins with high volume w/ low price (ex. PEO, which is trash right now btw, @ 9 sats) then I tried to put a hype (which turned out to be effective) and many people bought the coins. After earning, I know that people are gonna dump the coin so I never came back to PEO anymore.
You see, this is about making a hype or riding with the hype
Actually, the ultimate key to earn is to buy low and sell high. It might take days, but it's all worth it as long as the coin is not going to dump w/in 96 hours or you're dead

Master_dandosha

hero member

Activity: 714

Merit: 500

IF YOU Enjoy Trade with ME ..PUT Feedback Please

I am happy that you came with the main point in trading in every exchanges it is the same : Never GET into high pumped coins unless you see from a point of view that coins will get more development or advance technologies
Here Some post about shit coins
https://bitcointalk.org/index.php?topic=1411810.new#new

alyssa85

legendary

Activity: 1652

Merit: 1088

CryptoTalk.Org - Get Paid for every Post!

I'd say the main thing is to stay away from coins being pumped. You'll end up over paying and being a bag holder. The only people who profit from pumps are those who accumulate the coins well before the pump started, and they profit by essentially then selling to people who have jumped in due to FOMO.

Herbert2020

legendary

Activity: 1946

Merit: 1137

i use bittrex for my altcoin trading too. because i am used to it from the beginning and it is a decent pace that i can trust.

in trading it is so important to set limits for your loss and profit that you can get and then more important than that is sticking to those limits.

also always keep in mind that usually when random people are suggesting a coin to you for investing it means it is bad or late to do so.

ashkanb

full member

Activity: 222

Merit: 100

in my experience, the fundamentals of trading altcoins is the same as trading every other asset that has ever been, since people invented trading;
invest some time in studying fundamentals of trading, read every good book you can find.
anyone can easily find beginner or specialized lists of books online everywhere and most of them will be available as pdf downloads.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: MedaR on January 28, 2016, 11:23:13 AM

There is no super manual how to success trading alts..
Just watch topics for possible updates or hypers groups.
Twitter have power to pump coins and many notorious groups using it to achieve their plans.
Alts are very risky, and you need more luck than knowledge!

this has a big problem associated with itself.

all of these groups, twitters, hypes, even users telling you ...coin is good right now will say this "after" or in best case scenario "during" the pump.

so by the time you get the so called news, and decide to open the exchanger website and place your order it is already too late and you are buying into their sell orders that have been placed long before you hear about it.

RealPhotoshoper

legendary

Activity: 1050

Merit: 1001

Quote from: BTCdoaA on January 25, 2016, 06:04:57 AM

Hi

As All we know that trading is the best way to make and earn extra income of BTC , But many of noob enter this world without experience !!
So i will start by my self .
i don't have much experience to share but here is mine :

- i use bittrex for trading bitcoin to alt coin -(Better to use only trusted exchange with a huge no of sellers\buyers )
- I always look at the thread of the coin that i am going to buy .
- i am not greedy so small profit is good for me per day.
- Just follow other - for a short time only (Demand)
waiting for your experiences and advises .

Thanks

yes you right,so many my friends have extra income from trading bitcoin-altcoin,they have better income than people who jon signature campaign.
and some couple of days ago,i start trading bitcoin-etherum in poloniex,just like what you do,i get profit 0.002 in one day,i'm not greedya and just put small amount for trade.

BTCdoaA

hero member

Activity: 910

Merit: 500

Any new ideas or gained experiences in the current market .
Any coins to follow

BTCdoaA

hero member

Activity: 910

Merit: 500

Quote from: gentlemand on January 30, 2016, 04:11:07 PM

If you really have to do it, and I won't, then volume is your friend. I've seen people excitedly proposing jumping into coins that have risen hundreds of per cent. When you look at the volume it might have been the equivalent of $40 that day. You're not going to make your fortune on that basis.

Thank You Dear for this good advises ,
It is complicated guys
Thanks

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

If you really have to do it, and I won't, then volume is your friend. I've seen people excitedly proposing jumping into coins that have risen hundreds of per cent. When you look at the volume it might have been the equivalent of $40 that day. You're not going to make your fortune on that basis.

Topic: The Art of Trading BTC to ALT Coins-Share your Experience for Noob - page 2. (Read 3589 times)