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Topic: When to trade altcoins? - page 5. (Read 1892 times)

legendary
Activity: 1316
Merit: 1145
October 24, 2018, 03:36:29 AM
that's good, I personally also trade altcoins rather than bitcoin paired fiat. because the movement of altcoin prices is faster and to trade daily is very good. the benefits that can be able to reach the desired target, as long as the trader is consistent. but to make a 30% profit per day is already very good.
full member
Activity: 812
Merit: 114
October 23, 2018, 03:14:05 PM
Volatility is a common nature of every crypto coins. As the crypto market depends on bitcoin, then I think trading with Bitcoin is a good idea. But Honestly, Trading with altcoins is more profitable, especially for me! So, You can look into EOS, NPXS, XRP, ADA for trading. Good Luck.
full member
Activity: 420
Merit: 100
October 23, 2018, 01:48:27 PM
Altcoin trading is the good way to earn money and the need is to wait for good time and take the advantage from the market because the market situation and the best time to pick altcoin is the main thing and the other one is to sell at a high price
copper member
Activity: 60
Merit: 3
October 23, 2018, 01:36:31 PM
Altcoins react very in-line with how Bitcoin is performing.
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
October 23, 2018, 01:11:42 PM
I always trade my altcoins as long as it reach my desired price for my crypto. Or if i can get 30% profit from the moment i buy it in an exchange.
I wonder how well you manage on trading since the market volatility is unpredictable and is not so stable. Doing a day trading is tiring specially if you keep looking on the chart to see if you have reach the desired price or not. Though doing it on any exchange may seems to easy but takes a lot of patience to do it and i swear it's not that easy. I appreciate your temper on trading mate.
full member
Activity: 476
Merit: 100
October 23, 2018, 11:32:05 AM
Bitcoin is far more better to trade on when you compare it to trading on altcoins. This is because bitcoin has more liquidity and also high market volume when compared with the altcoins. Even When there is deep in the market the rate of recovery of bitcoin is faster than that of the altcoins which make it possible for you to recover your money faster than when you are trading with altcoin. If  veteran traders are trading  bitcoins instead altcoins  should tell you that bitcoin is the way to go.
full member
Activity: 2520
Merit: 204
OrangeFren.com
October 23, 2018, 10:17:32 AM
I don't think that there are a particular better altcoin to trade. For me I would trade altcoins with low maximum supply because I believe it has a higher volatility. And as the first responder said, bitcoin growth controls the market.


I agree to your thoughts  nothing particular better altcoin to trade
Expert traders and day traders aren't focus from the to altcoins listed in the marketplace
But all coins are profitable source target how guve better profits pumped their value right awy
full member
Activity: 283
Merit: 100
October 23, 2018, 09:58:29 AM
when altcoin price will decrease, that time you could trade particular coins which will give for more profit you can trade that coins so this is my opinion but first you need experience.
member
Activity: 454
Merit: 10
"Reserve Your Ledger at GYMLEDGER.COM"
October 23, 2018, 08:16:48 AM
I always trade my altcoins as long as it reach my desired price for my crypto. Or if i can get 30% profit from the moment i buy it in an exchange.
full member
Activity: 674
Merit: 101
I am hired and not own by any Team!
October 23, 2018, 07:45:16 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 the market is waving, sell when it is already 90% and above then dont set in buy wall in very down set. Trade when you know that there will be great announcement of that coin.
full member
Activity: 476
Merit: 100
October 23, 2018, 07:29:30 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!

volatility was still the main course why most there is buyers and sellers in all exchange site platforms. Because if all altcoins are not volatile for sure there wil bel no traders in the market in my opinion. So doing trade is anytime which means in 24 hours in the entire world the market in the exchange are moving from time to time it can be moderate in motion then sometimes aggressive.
newbie
Activity: 94
Merit: 0
October 23, 2018, 06:36:31 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 belive that the decision depends on us but we should know that it is important to know when to buy and when to sell. Buying at low prices works well and selling when the prices are high is profitable. We should know when the demand is high. Dealing with the volatility of the market is an advantage.

I suggest you to start your trade with alt now you can even do a day trade with alt it would be profitable. Trading in bitcoin may not be profitable in the current times.
sr. member
Activity: 658
Merit: 250
October 22, 2018, 05:17:39 PM
for trading in altcoin you can enter the price when conditions are falling and it is better to buy when the bitcoin price falls because it is certain that the altcoin price will also fall when the price of bitcoin falls after that you can sell it when the price returns high, so far I only use the method it's for trading and can get profit every day because I buy not just one altcoin but buy some potential altcoins.
What is even mostly important is to understand what you are doing as a trader and have the solid knowledge when it comes to making a trade. Without that, no matter what, you cannot thrive. It is a very volatile market, and altcoins are pretty volatile, but as long as you can identify long term support levels, look out for reversal signals, and then not forgetting that stop loss is important as you know that bitcoin giving a negative vibe can affect the whole market pretty fast, then you will be fine but if you have no strategy, it would be hard.
This is very important many new traders have only some ideas about what to do when they begin to trade only to find out that things are very different, it is very easy to look at a graph and say I should have bought at this low point and sold at this other high point, but when you are live trading things are never that clear and if you have no knowledge about how to trade you are going to lose your money really fast.

Whatever it takes losing money in trading will always have the same with others experience. The important thing about it was to trade while the market was not having problems in terms of demand. Don't expect any surprising rewards for it but rather think a brighter future once the holdings you had will gain successful pumps.
sr. member
Activity: 994
Merit: 257
October 22, 2018, 04:49:13 PM
for trading in altcoin you can enter the price when conditions are falling and it is better to buy when the bitcoin price falls because it is certain that the altcoin price will also fall when the price of bitcoin falls after that you can sell it when the price returns high, so far I only use the method it's for trading and can get profit every day because I buy not just one altcoin but buy some potential altcoins.
What is even mostly important is to understand what you are doing as a trader and have the solid knowledge when it comes to making a trade. Without that, no matter what, you cannot thrive. It is a very volatile market, and altcoins are pretty volatile, but as long as you can identify long term support levels, look out for reversal signals, and then not forgetting that stop loss is important as you know that bitcoin giving a negative vibe can affect the whole market pretty fast, then you will be fine but if you have no strategy, it would be hard.
This is very important many new traders have only some ideas about what to do when they begin to trade only to find out that things are very different, it is very easy to look at a graph and say I should have bought at this low point and sold at this other high point, but when you are live trading things are never that clear and if you have no knowledge about how to trade you are going to lose your money really fast.
jr. member
Activity: 278
Merit: 1
October 22, 2018, 11:10:00 AM
#99
I think bearish market and bullish market both are good for altcoins trading. But stable market is not good for altcoin trading. Cause in stable market we can't see any good dump or pump.But in red and green market we can see good fluctuations in altcoins price.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
October 22, 2018, 10:47:51 AM
#98
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 dont wanna be blame since the market now are bleeding and daytrading is really not an option,thats why i am pushing cryptonians to practice hodling for their own benefits.because risking our precious and hard Earned money to make daytrade is a suicidal job for this bearish market
hero member
Activity: 1302
Merit: 540
October 22, 2018, 09:29:15 AM
#97
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!


That would still be a good idea for you if that works well. Trade when it is profitable on your part. There are still lots of good coins to buy and hold in the market these days. We just have to choose which the best one is. We must be wise upon choosing because bitcoin is also profitable.
That's adds up complications choosing which is which when we are dealing with investment, bitcoin is one of the first options when you are aiming for long term success, while there's also some potentials alts who can bring much higher appraisal after the massive pumped happen, as we can see from this business there's always possibilities that things will be more positive for us if we do know what particular options that we will going to deal with, trade only when you have the skills or better to stay holding and wait.
newbie
Activity: 4
Merit: 0
October 22, 2018, 08:38:23 AM
#96
Hi guys, I've built a web application, that tracks social-media activity ( telegram, reddit, bitcointalk, discord, ... ) of crypto-projects. It is supposed to help improve trading-decisions. The app is for free.

I would love to get some feedback on it, please let me know what you think, this is my personal mail: hayk.gregorian90@gmail

The App is called cryptorunup ( www.cryptorunup.com )

I would really appreciate it!!!
full member
Activity: 462
Merit: 100
October 22, 2018, 07:29:56 AM
#95
as you know almost all altcoins moves depend on bitcoin's price.when bitcoin price is stable, people start to buy altcoins.first of all, there is no "great" altcoins.if you want to make some money with daily trade you dont have to trust it's tech or team etc.
for catch the fomo you can check news of exchanges (new coins to list,competitons), following the roadmaps may help you as well.
the easiest way is buy at support, sell at resistance (i want to say once again btc's move is the main rule), also you can check rsi for oversold, moving averages and some other indicators if you want.

there are tons of videos to learn technical analyses, it really helps.

dont trust anyone especially fenomens on twitter.

first rule is dont lose your money so use stop-loss.

be patient

dont try to sell on top, dont try to buy on deep.realize your profit, dont be greedy.

if i act like you are beginner and you are not im sorry Smiley i wanted to tell all i know to help you and who read this.
Nice mate, I believe in this, this is very effective. Greediness is the key to lose all your assets and lose your money but patience is always the key to success.
newbie
Activity: 82
Merit: 0
October 22, 2018, 07:19:38 AM
#94
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 belive that the decision depends on us but we should know that it is important to know when to buy and when to sell. Buying at low prices works well and selling when the prices are high is profitable. We should know when the demand is high. Dealing with the volatility of the market is an advantage.

You can trade with alt any times. Actually i my self use alt coins to trade. Alt coins increase sometimes i know the increasing rate isn't enough as compare to bitcoin but it have some fluctuate.
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