Topic: what kind of trading will suit for me? - page 5. (Read 15665 times)
It completely depends upon the experience you have towards trading because most of the people will look for short term trading, which they don't want to bother about the long term returns. For some people, they will hold the coin until their desired target is reached, so you have decided about it whether it should be short term or long term.
I think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.
it's true the problem is if we try it first we will never know what type of trade is suitable for you to use. the problem is if we have tried then we will also know the trade is good for us tooI think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.
it's true the problem is if we try it first we will never know what type of trade is suitable for you to use. the problem is if we have tried then we will also know the trade is good for us too A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it, for just a little time it will surely boost your money however joining in these kind of group needs a lot of consideration to have regarding of what we call scams or schemes that are there to bait beginners out. Day trade by far is the most easy way you can earn money but it doesn't guarantee you all of your trades will succeed.
Sorry I am not going to hear opinions from others about when I have to trade to make profits because I know they are not going to help me,they will use this as manipulation strategy. 
A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it
Are you not saying the same thing as a day trader can't be successful if it does not belong to a telegram group? And my answer is no because there are many independent and competent day traders that are making it by themselves. After all, the guys that are relied upon in the telegram are individuals too.
By exception, except the day trader is someone that has no confidence in him or herself.
So, we need to be absolutely independent and believe in ourselves and our strategy alone, provided we have gotten the necessary knowledge that needs to be acquired for the trade.
A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it
Are you not saying the same thing as a day trader can't be successful if it does not belong to a telegram group? And my answer is no because there are many independent and competent day traders that are making it by themselves. After all, the guys that are relied upon in the telegram are individuals too.
By exception, except the day trader is someone that has no confidence in him or herself.
Depends to you, $1000 up capital is nice and good for the starter. You can do shorterm if you think the coin that you are going to buy is only for shorterm because coins have different term other is for shorterm and longterm and other is the worst even you wait you will be worthless because it's not going to increase. You can do research about the advatanges and disadvatanges of the two so you can decide according to your opinion and thinking.
A day trade won't be successful if you don't have a group in telegram to rely on with so many members on it, for just a little time it will surely boost your money however joining in these kind of group needs a lot of consideration to have regarding of what we call scams or schemes that are there to bait beginners out. Day trade by far is the most easy way you can earn money but it doesn't guarantee you all of your trades will succeed.
I think you need to try both of them first and after you try them you will be able to know and be able to choose which one is more suitable for you to do.
I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
Update:
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
If you want to make money day trade will suit for you to do it mate, but first you need to have a knowledge in it before anything else.
It may give a chance to give profit most of the time but it also wreck you too in just one wrong move, therefore you need to be sure if you are going to do this dude, good luck.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
Update:
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
For me, I do both. Actually, in that order as well. First, when I get my coins from my other ventures such as campaigns or ICOs, I wait until it gets registered, and then, I trade it for one of the better altcoins around or Bitcoin. That way, I have more chances of trading or exchanging it for money in the future. Usually, I do that process because that's a more clear way of converting my coins into money. Also, if I would just try to gather up coins and hold it for years without any clear plan on how to encash it, then it would be a waste because the market keeps on changing day in and day out.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
I've holding coins which personally bought from trading site like etherdelta, and same as your expectations longer terms trading is one that I choose to have. Day trading is good when we see a good market as activity, but when there's no proper volume it takes with I think it's not good enough. Most long term traders succeed compared to those who haven't, so I highly recommend it to new comers who planned to have involvement on trading cryptocurrency.
I am interested in making money with cryptos in short term as well for that I choose crypto trading with the capital of $1000-$2000.(If I am getting my desired profits then I will do this with huge capital amount)
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
There are different kind of trading and different time frame to make profits as well right,I am looking for monthly basis profits with 10-20% profits for a cycle.So what kind of trading I have to do now
1.Day trading or short term trading?
2.Crypto to crypto or crypto to fiat trading?
edit:
Update:
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
I made my decision into start crypto to fiat trading and vice versa on localbitcoin after seeing that my country don't have much traders but there are many people want to buy and sell bitcoin,so I will try for a month now since I need to built reputation on LBC to get more trades.
If you want to make money day trade will suit for you to do it mate, but first you need to have a knowledge in it before anything else.
It may give a chance to give profit most of the time but it also wreck you too in just one wrong move, therefore you need to be sure if you are going to do this dude, good luck.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin.The price will increase so you have a chance to sell it, this timing is not only good for day trading, it's also good for long term trading.
Think of the last ATH, if you will invest with a certain altcoins now, like ETH, you might earn x10 of your investment when it hits a new ATH.
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
Day trading seems pretty good nowadays, and the chart is much easier to be analyze compare with hour and minutes chart. The other lesson you need to learn is to read market depth, or in other word, the liquidity of your coin. 
Day trading ot short term will be okay for you if you have the right trading knowledge to know when to get in and when to get out. Learn how to read and monitor crypto exchange charts that will help alot on guiding you through
The market has been showing good signs of reversal, as you have got huge amount of capital, so it wouldn't be a bad idea to invest a large amount in the present situation. As far as duration of period is concerned, you can decide it later, according to the market situation.
Obviously I just want to hold the coins at the current situation since the prices are increasing for last few hours then it is not a good plan to sell for fiat and vice versa,just holding until see the next steady phase. Jump to: