Topic: Trading tools for alts (Read 327 times)
I also learned about trading and I searched a lot for information and learned trading from youtube and studied and also saw on the tradingview website seeing the cryptocurrency movement and learning a lot from there many traders who shared their trading techniques there.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
Here is my way to seek a good trading game.
1. I alway look at blockfolio which is a good application where I can look everyday the different altcoin and changes of it value.
2. I always pack a valuable ideal that is being a patient person.
3. A very common word of mine to say buy it low and sell it high and when everything falls apart from green to red I hold it.
4. Also look for a website or exchange that you are familiarize with to help in trading as well. Mine is binance but etherdelta(used it as well to exchange my alts to bitcoin).
5. Try and try until you suced. Learn from you mistakes and with it handle it the failure too.
I read technical analyses and avoid speculative ones and don't take unnecessary risks, sometimes even doing nothing would be very good move for me.
Normally, the knowledge on technical analysis can really assist a long way when it comes to trading the altcoin market, but also, a lot of experience need to be gained so as to be able to know what makes the altcoin market tick and move in most cases which is why the knowledge and practicing a bit for a while until one is able to get one or two strategies that works well and able to take the right step when opportunity kicks in the market. The likes of tab traders, crypscan are good tools one can make good use of. 
Besides analyzing trading, traders should not ignore some information about the bitcoin issue. some media provide great information and this affects the prices of Bitcoin and Altcoin.
It is always a good thing to understand the space you want to be delving into and some of the coins that can be traded and why you would want to be trading them which is why I believe that coinmarketcap is a very useful tool where one can find all these information and concentrate more even on the top 100 and one that would be good enough to trade based on one's style and strategy.
Coinmarketcap.com is a good tool to know the standing of the coins in the cryptocurrency market as well as its volume and its average price. Another site that is the same as coinmarketcap is https://coincheckup.com/. They have the same features but the latter one is I think better because it has additional information when it comes to ICOs and has three different kind of analysis like fundamental analysis, investment analysis and github analysis.
There are other tools that would be reliable but nothing is more reliable than one's knowledge about trading and the market as a whole which is the basic tool needed to do things right. There are no specialized tools needed for alt trading as it has no differences from forex trading or from BTC/USD trading.
As for the charting, trading view is a good site because aside from doing your charting for free, you can follow others who are showing their analysis to the public so you have reference to the coins that are worth looking at and then you can learn from them as well. You can follow some telegram groups as well that give insights to how well the market is doing. Do not join pump and dump groups though.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
coinmarketcap.com - this site provides coin price and status on real time. here we can see the list of exchange that lists each coin. for mobile, i use bituniverse as tool to check price.
there are lots of twitter accounts you can follow. telegram also provides good information.
There are other tools that would be reliable but nothing is more reliable than one's knowledge about trading and the market as a whole which is the basic tool needed to do things right. There are no specialized tools needed for alt trading as it has no differences from forex trading or from BTC/USD trading.
I usually learn how to trade on Youtube, and the trading platform I use is Binance, OKEx, but when I encounter difficulties, I will also ask questions in the bitcointalk forum!
I have been using gunbot for almost 1.5 years now, I have bought it from captaincorporate and we talked on telegram and he helped me set it up and that tool helped me make insane profits up until this last month's where everything just collapsed and stood still.
Bot doesn't make you great returns on bear markets but it is also not killing anything, you just have some bags that you will have to sell in the end but it also decreases the margin and double downs so you can get out quicker.
It has been a blessing and a curse, it makes profits on good markets but you end up waiting for that, if you are patient than you come on top and make profit, if you are not patient, it may not be the best for you.
Bot doesn't make you great returns on bear markets but it is also not killing anything, you just have some bags that you will have to sell in the end but it also decreases the margin and double downs so you can get out quicker.
It has been a blessing and a curse, it makes profits on good markets but you end up waiting for that, if you are patient than you come on top and make profit, if you are not patient, it may not be the best for you.
YouTube became my main source of information about trading. I suggest looking up on DataDash. He's making very valuable videos every single day touching all topics related to trading crypto.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
coinmarketcap.com - this site provides coin price and status on real time. here we can see the list of exchange that lists each coin. for mobile, i use bituniverse as tool to check price.
there are lots of twitter accounts you can follow. telegram also provides good information.
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Tradingview is one of the best website that you can learn about trading. This website has many features, ideas from famous investors, charts, many type of analysis... You should register and start learning from this website.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
For me, I follow some good traders on trading view and then see what they are really saying about a market, compare it with my own thoughts and knowledge as well as my initial plans and try to do things better. It is better most times if you know what you are doing yourself rather than following what others are telling you to do, but it is not also bad when you use their work as reference to make some quality decisions or back up your decision as the case may be. 
I've there are trades who trade the only candle patters 
I use trading view, crypscan, coinigy
I have never tried crypscan though, but I have made good use of coinigy and trading view and I still make good use of trading view most especially till date. I actually stopped using coinigy due to the fact that it lags sometimes, and for the fact that I will still have to pay anyway.I use trading view, crypscan, coinigy
I had no problem with the payment until I started using tab trader on my mobile device and I just realized, except for just some few indicators, I have all it takes to make good and quality trades using just my device which I have access to 24hours in a day which I cannot simply have my system on for the whole day.
I read technical analyses and avoid speculative ones and don't take unnecessary risks, sometimes even doing nothing would be very good move for me.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
to find a good trading game you can visit the market as often as possible, because trading on cryptocurrency prices always fluctuate very quickly, which is commonly done by all people who buy when prices are cheap and sell when prices are expensive.if the coin that you hold experiences a decrease in price, try not to panic, keep patient and continue to hold your coin until the price rises again above your purchase price. I myself trade on the indodax and binance markets. if you are a beginner trader it is better to trade on indodax, because in my opinion this market is easy to understand.
Sometimes it will return to each of us and with their own knowledge in taking the opportunity and analyzing themselves, there is no special tool in trading, the main thing is to always read the latest news to always know information about crypto and trade, of course seeing price movements for each day, keep in mind that trading is very risky if you panic quickly, don't save your money in one place and build the best portfolio.
I like the idea that a log one is keeping is the best book about trading
Sometimes it will return to each of us and with their own knowledge in taking the opportunity and analyzing themselves, there is no special tool in trading, the main thing is to always read the latest news to always know information about crypto and trade, of course seeing price movements for each day, keep in mind that trading is very risky if you panic quickly, don't save your money in one place and build the best portfolio.
Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
Not really service but I have created my portfolio on the blockfolio and crypto compare where I have set up the entry points of all my coins when I buy them. This keeps track of the start value and thus as soon as the market moves up or down the prices are also fluctuated in that way. Whenever it is positive one then it start moving in green + sign% showing me my perfect profits. This gives me perfect idea as to when I have to sell my coins. Just like today when I say the bitcoin pump coming our way and my portfolio just started to give me some profits. Thus I know very well now thats my time to go to trade and sell.
Tradingview mostly, some good tips on there as well.
Firstly, i will advice you to learn how to read charts and the fundamental analysis while you also study the concept of the altcoin you want trade. Besides, most new coin added on CMC are doing good, go for those with outstanding concept.
Note : if youre giving some sites, channels or tools you still need to do your own research cause this is crypto currency and I can see a lot of people try to increase their site and group traffic.
Note : if youre giving some sites, channels or tools you still need to do your own research cause this is crypto currency and I can see a lot of people try to increase their site and group traffic.
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