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Topic: When to trade altcoins? (Read 1850 times)

full member
Activity: 714
Merit: 102
December 27, 2018, 01:22:31 AM
trading altcoin can be done at any time, but vigilance must be the main one, choosing the type of altcoin is certainly also very important. because the characteristics of the altcoin that you choose will affect the trade you make
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
December 26, 2018, 11:11:38 PM
It is impossible to stay when to trade the altcoins because even in bearish mode some people will make profits. It completely depends upon the talent and skills they have in trading. Trading is an unpredictable job which we cannot able to disclose when is the exact time to make a profit and when is the best time to sell those.
full member
Activity: 700
Merit: 100
Proof-of-Stake Blockchain Network
December 26, 2018, 09:54:09 PM
For now I can't take the market condition now until bitcoin's price not rising up maybe next year and a few months all altcoins can recover because these year not year for crypto. After rising all alts in 2017 they all dump before this year.
jr. member
Activity: 36
Merit: 1
December 25, 2018, 07:05:08 AM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

I think the best way - trade as you do: BTC to any of alts and stable coins, of course. But be careful and read the news of stocks where you do trading because from time to time stocks are delisted some altcoins.
legendary
Activity: 1092
Merit: 1001
December 25, 2018, 06:51:25 AM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

Due to this bear market, i suggest you to stop trading, specially if you are a daytrader and you like to do scalping, it is very risky because the price can be easily manipulated with a few bucks.

Better to stay away from it, or, just stick to trade with the BTC/USDT pairs, ethereum, or any other one of those coins

full member
Activity: 1190
Merit: 108
December 25, 2018, 04:51:34 AM
When you play in alts section, you need to watch what is going on with major coin like BTC and ETH, and mind their company program, watch their quartal program and what exactly their goals, like usually happened, the alts price will increase when approaching the big news from their quartal program, its one of my strategy when im into the alts section my friend.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
December 24, 2018, 03:15:19 PM


Trading for USDT is ideal for BTC trading not altcoins. But it serve good to you then its your way.
But certainly there are more volume to btc/fiat or stablecoin than  with altcoin, you will be profitting much with stablecoin that you can do it everyday. 
sr. member
Activity: 826
Merit: 250
Bitgesell (BGL) Decentralized Cryptocurrency!
December 24, 2018, 02:54:57 PM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Bitcoin is a king of the crypto world and every coin depends on bitcoin price.If you want to trade on altcoin must be the focus on bitcoin price because when bitcoin down altcoin must down and bitcoin price up altcoin also up.So first select your altcoin and research their ico .project and team member and bitcoin trend hope you will be success.
jr. member
Activity: 262
Merit: 2
December 24, 2018, 11:02:38 AM
altcoin trading is more profitable because they have a greater range of volatility than bitcoin and this gives us a great opportunity to make a profit assuming we can understand the altcoin market trend, if we miss a little trend then the risk we receive is then and that loss for me it can change quickly to make a profit when market prices experience recovery. trading for me is profitable and spurs creativity and enthusiasm to continue learning the current market trends
sr. member
Activity: 854
Merit: 250
December 22, 2018, 07:22:02 AM
Indeed, trading altcoin has a big chance, but it will be very difficult because we have to really choose one or several altcoins to invest from thousands of coins that are not too meaningful. And the time to enter the market can happen at any time provided you avoid when the market is green.
copper member
Activity: 266
Merit: 9
Kill E'm With Kindness
December 22, 2018, 06:50:52 AM
Trade those altcoins with good value and great purposes which can prove that it is a legit for you to be able it to HODL longer and get a good profit. You may choose altcoins with low supply but I would preferably thinking that you can trade also with high volumes because for every inch that the price of each coins move is a great growth for what you are holding for example that if you hold a 100,000 token and has a price of 0.01$ and it cost 1000$ and suddenly the bitcoin price increase and also the value of altcoins and the price of each coin cost increased to 0.02$ then you will have a 100% profit which will cost 2000$.. Isn't that great? but these are just my idea which I prefer to use.. the dis advantage with that is if price decreases you will also get a very bad profit..  Wink Wink
newbie
Activity: 23
Merit: 0
December 22, 2018, 05:51:12 AM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

When Bitcoin drop its value, it will automatically that most altcoins will also get dump their price value too. Only few of them will remain still to its value. So in making trade altcoins, there is really a big chance for us to earn big for us to gain bitcoin in the end when we sell our coins in the platform.  Therefore, the decision will always depend in your hands to decide for.
But in this time it is quite hard to do trade with altcoins many traders lost their money in doing that. It is the time to hold all of the coins which we have and to buy as much coins as possible which have a good future ahead as a future is coming which will give a high value to all of these coins.
sr. member
Activity: 840
Merit: 250
Enterapp
December 21, 2018, 01:48:52 PM
Yes, in my opinion it is very profitable to trade altcoins. I don't have one coin in mind. Very many coins can grow, the most important thing is to have time to buy a coin and sell it at the right time.
Thank you Mr. obvious and how do you know when is the best time to sell and the best time to buy if you don't have coin to hold like you said earlier Smiley

Trading without enough knowledge about this business is a 100% loss and failure. You must weigh all pros and cons of this activity, find out if trading is for you, and then try doing it.
Knowledge isn't the only factor to worry about. You may have probably seen that lucky guy would make lot of money than you, if you don't have luck then it's useless either.
it's true the problem is that luck is the biggest thing for us to get a great opportunity to be rich, so don't ever be afraid to lose while you do well and carefully too
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
December 21, 2018, 12:49:47 PM
Yes, in my opinion it is very profitable to trade altcoins. I don't have one coin in mind. Very many coins can grow, the most important thing is to have time to buy a coin and sell it at the right time.
Thank you Mr. obvious and how do you know when is the best time to sell and the best time to buy if you don't have coin to hold like you said earlier Smiley

Trading without enough knowledge about this business is a 100% loss and failure. You must weigh all pros and cons of this activity, find out if trading is for you, and then try doing it.
Knowledge isn't the only factor to worry about. You may have probably seen that lucky guy would make lot of money than you, if you don't have luck then it's useless either.
sr. member
Activity: 868
Merit: 289
December 21, 2018, 12:21:03 PM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!

When Bitcoin drop its value, it will automatically that most altcoins will also get dump their price value too. Only few of them will remain still to its value. So in making trade altcoins, there is really a big chance for us to earn big for us to gain bitcoin in the end when we sell our coins in the platform.  Therefore, the decision will always depend in your hands to decide for.
full member
Activity: 714
Merit: 102
December 20, 2018, 10:29:09 PM
If you ask about trading and have enough time, then you need to do it of course every day, so you will gain experience and learn to analyze
trading will indeed be very good if done sustainably, you can get a very good experience and you can learn to analyze.
full member
Activity: 476
Merit: 105
December 20, 2018, 11:24:59 AM
If you ask about trading and have enough time, then you need to do it of course every day, so you will gain experience and learn to analyze

Trading without enough knowledge about this business is a 100% loss and failure. You must weigh all pros and cons of this activity, find out if trading is for you, and then try doing it.
legendary
Activity: 2436
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
December 16, 2018, 05:21:11 AM
Is there a good altcoins I should be looking into for trading?
Because altcoin is more volatile than bitcoin, it's better to trade on altcoin with low supply and the price is still low (not comparable with total supply). So the opportunity to rise up to 5x is far greater. Why should choose coins with a low total supply? because if the price of this coin free falls, usually it will be faster for recovery and even tends to be stable.
You're right about altcoin to be more volatile than bitcoin but trading of altcoin with low supply is still risk if the altcoin dont have good utility and good community support. However, the whole crypto market are all in down trend season and I dont see any reason why people should be greedy of making profit chasing after low supply coins.
Speaking about the volatility rate between bitcoin and altcoins obviously the bitcoin is more volatile because it has the highest market cap ang lots of holders and users. I guess you only said this because bitcoin stayed for quite too long on a short price range specifically from $5000 to $7000 last few months but it does not necessarily means that it is less volatile than altcoins.
sr. member
Activity: 714
Merit: 250
December 16, 2018, 04:01:42 AM
Hello everyone. So recently I've been trading bitcoin for alt coins as I find that alt coins are far more volatile due to lower volume compared to Bitcoin and thus more profitable when it comes to day trading. Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
Just conduct your own study about choosing good altcoins. Even bitcoin has a big volume in market still there are some coins that are profitable like ethereum and ripple which also volatile. When to trade altcoin? conduct trading if you know all things about trading so you will not regret once you lose your money.
hero member
Activity: 1008
Merit: 501
December 16, 2018, 12:20:16 AM
If you have been trading Bitcoins then you must have already learned the basics of trading. The patterns and what you make out of them must already be familiar with you. But when you enter the altcoin arena, you will be spending more time for monitoring. More than the candles, you must also be very keen on the fundamentals. That what makes altcoins pump. Constantly update yourself with them.
Yeah you have to be more familiar with the many strategies that exist to read candles on the chart. You have to memorize that
strategy. it will make you understand when to enter and buy an altcoin.
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