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Topic: When to trade altcoins? - page 6. (Read 1883 times)

member
Activity: 425
Merit: 10
October 21, 2018, 10:51:32 AM
#93
I think it is better to trade with altcoins during the bullish market. This period of the market would give better fluctuations with good few drops and a lot of gains. The tendency of the altcoins to move steadily.
hero member
Activity: 2828
Merit: 518
October 21, 2018, 08:17:37 AM
#92
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.
It is really profitable if you buy those coins at low price. Since we are in the dips, we gonna used this opportunity to buy more and hold for awhile.
Trades for this time isn't good enough and it won't give us huge profit even for expert traders. So never think of easy and quick returns cause it never just easy as you think.
full member
Activity: 540
Merit: 100
BountyMarketCap
October 21, 2018, 07:34:43 AM
#91
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.
jr. member
Activity: 326
Merit: 1
October 21, 2018, 04:52:16 AM
#90
we can start altcoin trading whenever we want, the important thing is, we really understand in crypto trading, the current market price is very difficult to predict, so for example we want to try to learn to trade today, I suggest you don't use the first big capital, until you can really trade well, then you can add more capital again.
member
Activity: 231
Merit: 10
October 21, 2018, 03:37:24 AM
#89
you can trade some good potential coins like eth/btc and eos/btc pairs,you can buy when price go down and sell when price up but its require experience skills and practice
member
Activity: 392
Merit: 11
The New Pharma-Centric Marketplace
October 21, 2018, 03:29:08 AM
#88
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!

Doing trading only when the market price value are high,and follow the normal way of trading with your own abalysis procedure ,anyway thats your method are good,only the market now is bad,thats why everythings are not profitable at this moment  because of the consistinly drops down everything in blockchain market.
sr. member
Activity: 448
Merit: 281
October 21, 2018, 02:52:15 AM
#87
Personally, I would not trade Bitcoin for altcoin but its everyone's choice to make, not mine. And if I was to look into altcoin trading I'd probably go for XRP, or EOS because they seem to be highly ranked altcoins.
Yes, I too do not think it is the right time to invest into altcoins by risking bitcoins.

Right now it doesn't matter if the bitcoin price goes up or goes down because whichever happens the price of altcoins are going down. Hence, there is really no reason to trade altcoins at this moment and there is no winning with them currently, maybe if you find some good coins that has a chance of making some profits but that's really hard to find and honestly very risky as well.

I would suggest sticking to investing into bitcoin right now, the more money you invest into bitcoin the more chance of making profits when the bull hits. Whenever the bull market hits we will have a chance to select on which coin to invest afterwards, you will know when the bull run arrives by checking the altcoin prices, right now when bitcoin goes up the altcoins go down but when the bull arrives when bitcoin goes up the altcoins will go up as well at which point you can start to invest into them as well.
legendary
Activity: 3248
Merit: 1179
October 21, 2018, 01:19:45 AM
#86
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 time to trade altcoin is when eth is increase in price so that you have a good incom.But for me as long as l have a profit even if it is a small amount l'll grab it because l need it for the needs of my kids.

It`s always good to trade with alts, why exchanges are open 24/7? When price of ethereum rising so do all other prices, that`s good for holders, and all other crypto owners. You can trade with alts even now, Veritaseum is up for 30%, salt for over 15%, and some others, thats today, everyday some coin have some nice rise, after that always come drop when you need to buy again. You can trade with alts when ever you wish.
member
Activity: 378
Merit: 55
Be Good to me!
October 20, 2018, 09:56:38 PM
#85
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 time to trade altcoin is when eth is increase in price so that you have a good incom.But for me as long as l have a profit even if it is a small amount l'll grab it because l need it for the needs of my kids.
hero member
Activity: 1358
Merit: 513
October 20, 2018, 06:06:18 PM
#84
Personally, I would not trade Bitcoin for altcoin but its everyone's choice to make, not mine. And if I was to look into altcoin trading I'd probably go for XRP, or EOS because they seem to be highly ranked altcoins.
hero member
Activity: 1092
Merit: 501
October 20, 2018, 04:23:44 PM
#83
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!
Well obviously altcoin is more profitable when it comes to short trade because bitcoin now is less volatile and quite stable at $6000 to $7000. Recommended altcoins would be XRP due to its current rise and increased these past few weeks but it really depends on what you really want it is not on a coin to gain profit but your timing.
We should not ignore small points and occasions and you are absolutely right about this discussion but the thing is that we should act according to market conditions as we know that market instability make us to consider every single step with the passage of time. If you have altcoin then you will make profit in short term because it acts as short term coin, you can make profit if you buy right now because the value has decreased and you can get the benefit right now.
full member
Activity: 1708
Merit: 126
October 20, 2018, 04:05:05 PM
#82
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.
member
Activity: 504
Merit: 10
October 20, 2018, 02:35:12 PM
#81
Currently all mayor altcoin followed price action of Bitcoin, when Bitcoin crash or push, others altcoin also will do the samething with biggger volatility. In my opinion will be more profitable if we trade altcoin with stable coin than trade altcoin with Bitcoin. And on the crypto market right now  many exchange offer trading pair altcoin with stable coin.
Apart from Ethereum the prices of almost all Altcoin are very low and you may not be able to make profits from those coins. Therefore it is better for you to trade in Ethereum. Its price is good and if there is a bit increase in the price you may make good money from it, not guaranteed but possible. The best option is only bitcoin for best trading and making money.

Good advice but it's true i also pick ethereum and bitcoin as far as the price of this two coins not already rising up and also people waiting for a big pump for it.
jr. member
Activity: 87
Merit: 7
October 19, 2018, 01:54:49 PM
#80
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!

Coinbase has announced that they are looking into 5 actions in specific: 0x, XLM, Cardano, Zcash and BAT. When/, if they are added the price and volume, will probably increase a lot.

They did add 0x a few days ago and when they will add next cryptocurrency you can expect history to repeat itself.

Therefore, I would look into the 4 remaining ones and trade those.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 19, 2018, 01:49:25 PM
#79
You can sell your altcoins when BTC price is high when paired with USD. This means that when you sell your alts, you will get less BTC the amount will be more when paired with USD.
Also, if the price of alts is rising while BTC's price is not then it is a good time to sell the alts. It is often seen that alts price keeps depreciating when the BTC's price increase, hence it is the best time to sell the alts when BTC's price and alt's price increase.
full member
Activity: 476
Merit: 100
October 19, 2018, 10:26:10 AM
#78
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!

Its been a months brother that altcoins was in the red market or declined period of value. Which means you can trade any time you want bro.
But if you're not that good yet in the actual trade, well my tips of advise to you is better not to do it. Because you will only loss of money however, even if you loss at least you will know the feelings of being a trader in the actual platform.
jr. member
Activity: 81
Merit: 1
October 19, 2018, 08:06:30 AM
#77
Currently all mayor altcoin followed price action of Bitcoin, when Bitcoin crash or push, others altcoin also will do the samething with biggger volatility. In my opinion will be more profitable if we trade altcoin with stable coin than trade altcoin with Bitcoin. And on the crypto market right now  many exchange offer trading pair altcoin with stable coin.
Apart from Ethereum the prices of almost all Altcoin are very low and you may not be able to make profits from those coins. Therefore it is better for you to trade in Ethereum. Its price is good and if there is a bit increase in the price you may make good money from it, not guaranteed but possible. The best option is only bitcoin for best trading and making money.
hero member
Activity: 1036
Merit: 500
October 19, 2018, 07:14:22 AM
#76
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!
Our team of investors successfully made a 233% profit by performing leveraged trading of ETH to purchase QNT, a low-cap altcoin that we were able to pump up over 100% in one week. This team plans to do the same by leveraging BTC and ETH volatility while making massive buys of a small altcoin in the CoinExchange.io platform.- t.me/iblockchainglobal

Altcoins are other crypto coins which are less valuable than the Bitcoin and are favorable as short term trading and its experience makes you able to upgrade to higher coins like Bitcoin.

The reason why you start trade with less valuable coins is to have a hold over your loss in case if you have loss in trading then it will not be a huge loss and slowly you will get experience to deal with these crypto coins, after this starting dealing with Bitcoin will not be difficult.

full member
Activity: 434
Merit: 101
October 18, 2018, 09:14:17 AM
#75
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!
Well obviously altcoin is more profitable when it comes to short trade because bitcoin now is less volatile and quite stable at $6000 to $7000. Recommended altcoins would be XRP due to its current rise and increased these past few weeks but it really depends on what you really want it is not on a coin to gain profit but your timing.
hero member
Activity: 1596
Merit: 502
October 18, 2018, 08:32:06 AM
#74
you can trade altcoin whenever you want but for better trading altcoin when there is good news from the altcoin, for example when there is listing coin information at a large exchange place as an example of binance, then certainly the altcoin price will rise so take advantage of the moment like that for altcoin trading.
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