Pages:
Author

Topic: What do you trade? - page 2. (Read 636 times)

member
Activity: 753
Merit: 15
mulierum.com
December 15, 2020, 06:37:16 PM
#37
Actually, I am a newbie so that I need much safer coins and also pairing for me. I am not good at market analysis so that being safer is enough.
- CHoose the top exchanges. I always trade in Binance and also top local exchange in my country.
- I always choose the top coins that already have good liquidity, trading volume, and also a market cap. I will not risk my funds into new coins, moreover hype coins. So far, I pick the top 20 that are selected by some.
- Trading pair that I choose mostly is the USDT or other stable coin in my local country. SOmetimes I use BTC/ETH/BNB but if their price is is still low.
sr. member
Activity: 951
Merit: 250
December 15, 2020, 06:15:38 PM
#36
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

I've trading plr coins for the past years but it didn't go higher and their team of the project had been affected with bear market that takes too long. So I decided to divert my asset with xrp, and every now and then I've trading this coins buying and selling. Keeping my mindset to gain good profit despite of losing some small amount, and in order to sustain I don't take risk with setting limits because sometimes it's frustrations.
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
December 15, 2020, 06:01:32 PM
#35
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

I trade BTC/USD and probably, this is the most common trade with low risk in the crypto market.. Because all other cryptocurrency prices are being affected or directed by btc price in one way or the other.
So the best for you is to stick to btc
full member
Activity: 798
Merit: 100
December 15, 2020, 10:34:12 AM
#34
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?
BTC / USDT is usually paired with this altcoin for the perfect match. as many exchanges use BTC / USDT for trading. for example ETH-USDT, so use the pair that you think is the best as people suggest here
full member
Activity: 854
Merit: 140
December 15, 2020, 09:28:55 AM
#33
I am trading based on trading volumes, like the highest, the better and it is more active market. Just think that the higher trading volume, the more money are circulating within that pairs or the more people currently trading that pair.

Example here in Binance Futures, I am sorting the list based on volume, so for me, I can select from top 1 - 10 from the sorted list based on trading volume.

Trading volume is most important because could make chance to get profit more but how to trade with some coin less volume transaction on the market and worry will sell order fill or not. Many coins have less volume transaction because not interested by investor and almost coin have much volume transaction on exchange become most looking for coins to trade and investing. I will buy any coin have much volume but always check how position coin place on the market cap.
full member
Activity: 1121
Merit: 100
December 15, 2020, 07:42:14 AM
#32
At present, my favourite trade pairs are usdt/eth, usdt/xrp, usdt/xlm. USDT is the most secure coin in the crypto-currencies world. So, in my opinion, you should keep 50% coin as usdt and others, you can trade top 20 currencies.
hero member
Activity: 3052
Merit: 651
December 14, 2020, 12:19:16 PM
#31
Most of the time ETH/USDT pair.
It's the easiest as of now since movement will always be there.
Ethereum 2.0 release made it more volatile so better get your hands with some Ethereum now.

If you are still trying to practice then it could be the best choice for now. Focus on just one. You could diversify later on.
Don't step into coins that you don't know yet. Bad things could happen.
sr. member
Activity: 2002
Merit: 250
December 14, 2020, 09:24:05 AM
#30
Bitcoin is now becoming popular to trade, but for me Altcoins are very good to trade, for now.
We know that the current situation is a lot of people holding Bitcoin, and many predictions that bitcoin will reach $ 30k,
this will make Fomo and traders try to trade there, but you have to remember Altcoin also has great potential at this time.
hero member
Activity: 1593
Merit: 502
December 14, 2020, 02:44:30 AM
#29
My popular trading pairs are BTC/USDT and ETH/USDT, I also put my trust in a few other trading pairs but can't equal them. However i will trade less in the near future, I prefer to hold them for a long time because I think holding them is more valuable.
jr. member
Activity: 36
Merit: 1
December 13, 2020, 11:28:46 PM
#28
I have just learned to trade in these months because I also cannot rely on the results of airdrops and pairs that like btc.eth, xlm, xrp and some defi coins the most
hero member
Activity: 2366
Merit: 594
December 13, 2020, 11:03:18 PM
#27
I trade any crypto that is in the top 10 of coinmarketcap. But right now I'm focusing on btc/usdt and eth/btc pairs. I feel less risk trading those 2 because they've been stable these past few days and only moving on a small price range. I sometimes trade low volume altcoins if I think it's preparing for a pump.
sr. member
Activity: 1876
Merit: 318
December 13, 2020, 07:08:13 PM
#26
Like most people, I trade based on the highest trading volume. That's why I always trade with USDT pairing,
for me it is easier to make profit trading from USDT pairing. So my favorite trading is BTC / USDT and ETH / USDT,
both of which are trading pairs that I often use. But that doesn't mean I never use other trading pairs, because
I also sometimes try other trading pairs. It depends on the strategy I use when trading.
sr. member
Activity: 1484
Merit: 253
December 13, 2020, 06:14:26 PM
#25
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

I've trading xrp nowadays, but the price stabilized after the huge bounce. My holdings have been pending, and I couldn't do some short trading due to strong resistance. The price was too unpredictable, it might crash suddenly and am afraid of losing more money. So I prefer to wait until $0.72 per coin is reached.
sr. member
Activity: 1092
Merit: 284
December 13, 2020, 05:05:00 PM
#24
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?


Personally, I am still consistent in trading BTC / USDT, ETH / USDT, DOGE / USDT, and BTT / USDT. yes even though there are several new tokens I hold. but I didn't really pay attention, because it wasn't really a guarantee. because new tokens depend on HYPE and trading volume.
member
Activity: 145
Merit: 25
December 13, 2020, 04:25:10 PM
#23
Thanks for all the feedback, it's been an interesting read.

I already have an amount of BTC, ETH and XRP which I plan to hodl a large proportion of whilst I learn to trade. I'm going to keep it simple and try to learn to trade between BTC/USDT before potentially moving on to trade the others one at a time.

For any other beginners learning to trade I have found a very useful video course which was recommended to me on this forum that I am currently working my way through:

https://www.youtube.com/watch?v=LICDqKS0-GY&list=PLBcrRkQDkijjeXqQirpE9sI6yhCtLie2x&index=1

One thing that I am unsure about is how to trade during a strong bear market or a strong bull market such as the last few months. It seems like if you had tried to trade BTC for USDT during October or November for example, you would have likely lost a lot of money that you could have made just by hodling whilst the bull market was strong. Am I missing something here or is it generally better just to HODL whilst the bull market is strong?

member
Activity: 297
Merit: 10
Life is beautiful !
December 13, 2020, 02:34:59 PM
#22
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?

It is a good move that you have made moves to learn how to trade for yourself, believe me it is a very good and brave decision; I personaly trade any available pairs; i make trading charts daily, analyse and interpret them before i place my order and short loss too. If you can learn patiently and also be consistent in your lessons, you would learn faster.

You can trade every tokens in the exchange platform.
legendary
Activity: 3052
Merit: 1273
December 13, 2020, 02:28:54 PM
#21
I only leverage trade BTC/USDT, XRP/USDT and BZRX/USDT as these 3 pairs are my personal favorites. I do it whenever I get any signal from a channel which has exceptional purchasing power collectively and can move the markets to a certain level. I also trade many other pairs but never trade them on leverage.
hero member
Activity: 1484
Merit: 928
December 13, 2020, 02:23:38 PM
#20
There are different coins which u can trade but me I always trade bitcoin, but u can check binance exchange there are lots of coins there just do your research and you are good to go!!!
legendary
Activity: 2534
Merit: 1338
December 13, 2020, 02:22:03 PM
#19
Hi,

I'm trying to learn how to trade and I was wondering what people here tend to trade between? Do you just have a set list of trading pairs that you stick to? What are your most common trades?
One of the first things that you need to do as a trader is to define what markets you are going to trade, there are simply too many markets out there and you do not have the money to trade them all so you need to decide beforehand which ones are the best possible ones for your strategy, as you may guess some of the most popular are the ones that include BTC and another top altcoin and for the most part those are the ones that you should stick to it at the beginning of your trading career.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 13, 2020, 01:43:43 PM
#18
I do not really stick to a certain pair list and only trade with them, but I do have a certain pair list that I trade without limiting myself to it. I don't know if I was capable of explaining myself clear enough, I have certain pairs that I enjoy and trade constantly but I also have a lot of new things that come out and I haven't heard of them before and I start to trade them as well.

Like for example, I didn't traded wave for a long time and in the end one day I decided to do it and made some profit and got out and now I am not trading it, that is an example of me not trading with certain coins and limit myself to them, however at the same time I have been trading on ethereum for years and haven't given up on it, still collecting and accumulating as much as I possibly can.
Pages:
Jump to: