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Topic: What coin you like trading future - page 4. (Read 597 times)

legendary
Activity: 2338
Merit: 1354
February 10, 2022, 10:10:47 AM
#12
For me, I have more exposure on pairs that got high trading volume, like 24H trading volume or high market cap pairs, so Bitcoin is the highest market cap, and Bitcoin for me is the most I like pair trading future.
There are also some altcoins that are worth trading especially if you are watching some pairs of altcoins or observing them and just waiting for a perfect entry.
hero member
Activity: 2954
Merit: 605
February 10, 2022, 09:45:19 AM
#11

What I mean is BTC/USDT or ALTCOIN/USDT.

Considering the volatility of Bitcoin, I'd preferred to this compared to altcoins. But because we can't just rely upon a single trade, having altcoins is also preferable. Most of the time I use to choose coins that are quite active and moving in a zigzag direction as I can easily make a buy/sell option which makes me not feel bored waiting to get fill/refill.
Of course, using stables coins like USDT as for trading pair is a great idea.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 10, 2022, 09:42:50 AM
#10
Moreover I don't try to increase my leverage. Usually I can stay with 3x and 5x leverage having in mind the risk. Btc pairing is more reliable for me and increasing my leverage is more risky. I try to avoid altcoins because they may easily be manipulated. I like to focus on btc more often than altcoins.
That will be okay since we really need to play carefully with the risk. With the amount that I used and small leverage will not cause me a big trouble if somehow, I am in lose position. That is why prefer to btc pairing more than altcoins pairing but sometimes, I use altcoins pairing if I see a good chance to have a pump for a while.

I prefer to use cross margin, isolated margin is not also bad but cross margin can help when you analysed the market to go your direction after about to lose, but it is nothing too. Recently I have not transferred money from my spot wallet to future wallet, it is like not necessary for me either.

50x leverage is too much for me, I have used it before and I lost and money liquidated in few minutes, I have preferred 5x for bitcoin, I like going 3x at time and some time I prefer 1x. Like you have said, also the lower the leverage the lower the risk of losing which is better.
Well, we have our differences. No matter, what you choose, just be careful because future trading is not easy as regular trading. When I choose 50x leverage, I do not try to make a big profit instead just hit and run after making a profit. It will depend on how the price moves but my suggestion is just to use small money and use isolated. You will see the differences because you still have balances in your future trading account if you lose.
member
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
February 10, 2022, 09:20:20 AM
#9
BTC market is very good for future trading it will reduce the risk a bit because from what has happened BTC can always recover over time and peak in price. a little risk for a little profit with big capital it is very worth it.
Any Altcoin market with a fast movement will reap a little risk in the future in my opinion, maybe except for the top Altcoins like BNB, ETH and a few others that are at the top of cmc.
legendary
Activity: 1666
Merit: 1222
Top Crypto Casino
February 10, 2022, 09:18:30 AM
#8
I always commit a trade for the bitcoin/USD pair because it the most and also the bitcoin dominance of course, and it depends on my trade mostly i prefer for the long position i commonly use my MACD, RSI, Twin tail and the rest is the technical analysis like the trend, choc, bos and our favourite order blocks. Other than the bitcoin i prefer for the ADA/USDT and ETH/USDT for me these has a future to earn profit too. As possible I avoid the farm tokens its not ideal.
sr. member
Activity: 2394
Merit: 454
February 10, 2022, 08:42:26 AM
#7
I trade bitcoin, ethereum, BNB, and XRP and futures, those are my top coins. I also trade other coins sometimes but I focus on high volatility coins for a high risk high reward setup with low leverage only. I trade altcoins mainly on stock market, because it's much safer in my opinion since not all altcoins doesn't have any good developers, meaning their life isn't that long compare to top altcoins that you could trade in futures for long term.
legendary
Activity: 1554
Merit: 1167
Gamble responsibly
February 10, 2022, 08:38:11 AM
#6
If you want to make a fast profit, you can use 50x leverage but remember, the risk to lose the money will be bigger. I never use more than $10 for future trade because I know the risk. Oh btw, you should use the Isolated feature because that will help you not to use all of your balance to trade because I had that suck experience before Grin
I prefer to use cross margin, isolated margin is not also bad but cross margin can help when you analysed the market to go your direction after about to lose, but it is nothing too. Recently I have not transferred money from my spot wallet to future wallet, it is like not necessary for me either.

50x leverage is too much for me, I have used it before and I lost and money liquidated in few minutes, I have preferred 5x for bitcoin, I like going 3x at time and some time I prefer 1x. Like you have said, also the lower the leverage the lower the risk of losing which is better.
newbie
Activity: 112
Merit: 0
February 10, 2022, 08:31:34 AM
#5
BTC/USDT is best option for future trading, cryptocurrency market is too risky for future but if you know about it than BTC is best choice compare to altcoin. because bitcoin lead altcoin, so when I choose trading for altcoin than I always follow bitcoin. It's very helpful, I always trade 2x to 7x not more and take profits.
sr. member
Activity: 2366
Merit: 332
February 10, 2022, 08:05:27 AM
#4
I never use more than $10 for future trade because I know the risk.

Moreover I don't try to increase my leverage. Usually I can stay with 3x and 5x leverage having in mind the risk. Btc pairing is more reliable for me and increasing my leverage is more risky. I try to avoid altcoins because they may easily be manipulated. I like to focus on btc more often than altcoins.
hero member
Activity: 2254
Merit: 658
Looking for gigs
February 10, 2022, 07:48:54 AM
#3
Is it bitcoin or altcoin, if it is altcoin, can you specify?

Bitcoin price is volatile but altcoins price are more volatile, future trading can be leveraged up to 100x for bitcoin and coins like ethereum while 50x for other available altcoins. Which coins have you been using and which is bringing you profit?

What I mean is BTC/USDT or ALTCOIN/USDT.

I think what that matters is the leverage used, but I have been experiencing liquidation at 3x leverage for altcoins in extreme volatile market, when I calculated it for bitcoin, the trading fund would not have liquidated if i used bitcoin because the liquidation price is still most of the time far from the price.

I will not talk more about manipulation because I have seen bitcoin future market price manipulated in a way many people's coins are liquidated in just few minutes, but I think I have seen it happened in bitcoin future market ones on the exchange I am using but this happened frequently with altcoins in volatile market.

BTC/USDT is popular for futures trading. I usually have done that a few times leveraging around 5x to 10x (sometimes 20x and not more than that) whether short or longing it. But I had to admit that for most of my future trade positions, I usually lost actual money lol (not in demos). I say that it’s much more risker than the traditional spot trading in my opinion but it did give us an opportunity to set our TP/SL.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
February 10, 2022, 04:41:03 AM
#2
I used btc pair usdt for future trading, but I did not let the trade open for a long time. If I can make a profit, I will close it right away and wait to see when I can enter the market. If you want to make a fast profit, you can use 50x leverage but remember, the risk to lose the money will be bigger. I never use more than $10 for future trade because I know the risk. Oh btw, you should use the Isolated feature because that will help you not to use all of your balance to trade because I had that suck experience before Grin
legendary
Activity: 1554
Merit: 1167
Gamble responsibly
February 10, 2022, 03:50:03 AM
#1
Is it bitcoin or altcoin, if it is altcoin, can you specify?

Bitcoin price is volatile but altcoins price are more volatile, future trading can be leveraged up to 100x for bitcoin and coins like ethereum while 50x for other available altcoins. Which coins have you been using and which is bringing you profit?

What I mean is BTC/USDT or ALTCOIN/USDT.

I think what that matters is the leverage used, but I have been experiencing liquidation at 3x leverage for altcoins in extreme volatile market, when I calculated it for bitcoin, the trading fund would not have liquidated if i used bitcoin because the liquidation price is still most of the time far from the price.

I will not talk more about manipulation because I have seen bitcoin future market price manipulated in a way many people's coins are liquidated in just few minutes, but I think I have seen it happened in bitcoin future market ones on the exchange I am using but this happened frequently with altcoins in volatile market.
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