Topic: When to trade altcoins? - page 7. (Read 1894 times)
the easiest way is buy at support, sell at resistance be patient don't try to sell on top, don't try to buy on deep
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!
if you're looking for good altcoin to trade i prefer you to pick on this "site" then go to top 100 coin and make a research which alt coin is so volatile and good to trade in short time . And by the way after checking the volume make sure to make technical analysis as well on the pattern of graph to assure the coin you want to trade will fit on your strategy and etc.
Actually, altcoins are not so highly volatile as Bitcoin. But they are dependent on the BTC price a lot. If it's low, then altcoins will also go down, and vice versa. You can buy any reputable altcoin, just don't invest in some brand new coins. Speaking of a particular crypto, I like the idea of Litecoin being a light version of BTC. LTC is supported by the most crypto exchanges, CEX (https://cex.io/ltc-usd) has finally started trading it, but only with USD at the moment.
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Thunderstake - The Masternode and POS Coin , TSC is not only a cryp coin.its a brand .
A hard working team working behind this project . Look around our project , you can get it where we are going . we have made products with TSC logo which you can buy from our website with TSC coin as payment. TSC is live on CMC and 5 exchanges , Cyptobridge,mercatox,Stokes.exchange, bitrex and escodex .
here is our website link https://thunderstake.com/ , and discord link : https://discord.gg/8ZHbhFK . you can get everything from here . have a look .
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!
We all know, from "far" it sounds profitable because price can change very fast every day, especially if have high volume. But when you do it, it will be stressful if we jump into day trading and a lot of people will suggest to do long term trading.
One thing though is that even if you want to trade any market and depending on how volatile it is, you should always take your stop loss into consideration a whole lot so you do not end up counting your losses at the end
I always trade my altcoins already and I have already some altcoin to hold and now their no time limit to start in trading. The market is always open for us to buy and sell.
the time of altcoins is when there is a General growth, at this time it is simply not profitable to keep bitcoin, but it is more profitable to trade
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!
People always buy altcoins when Bitcoin is at a stable price and sometimes they buy when the price is falling too. Times like this when Bitcoin is stable are the best to trade altcoins have you ever noticed that some altcoins goes up in some days? Maybe if you keep following the market and checking news that focus on altcoins you will be able to know when that happens.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!
Actually now it is better to stay away from the trading with altcoins, especially with small altcoins. So personally I prefer to trade trough marginal trading with such cryptocurrencies as Bitcoin, Ethereum, Cardano, XRP and Bitcoin cash.
Just make sure to choose the right token when it comes to altcoin trading. Only choose those which has high volume because the volatility is quite good for high volume token. When trading, it's best to combine bitcoin and altcoin. Stick only in bitcoin is no good, and it's the same for the opposite. Combining will result in bigger chance to earn profit. However, as you know trading is quite risky, even for the expert. So do your trading carefully, don't be easily influenced by others. Feel it with your own tempo.
Asides from even choosing the right coin, you need to access your level of knowledge in trading the market first. Do you know how to trade? What indicators you make use of as well as your strategy when it comes to buying a position, selling and stopping loss. They are the major important factors you need in a market, irrespective of the market you are trading. One thing I have always known is that, if you tend to not use some signals with altcoin market to know the possibility of a reversal, using bitcoin alone will not help. Sure, bitcoin movement always have a lot to do in most cases, but you also want to be sure, this is something that you are most definitely looking at some indications for bullish movement in altcoins as well before making any move.
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 one but altcoin have many coins, meaning many opportunity to make money of course have many different price action depend bitcoin. Most people will give you the same advice like me. See coinmarketcap or any crypto web and see their list under bitcoin, take 2 - 5 coins to replace your asset in there. It's more safe than using bot or professional opinion because the coins already filter by web depend market price action. Take the easy way and enjoy the journey.
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. 
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.
Just make sure to choose the right token when it comes to altcoin trading. Only choose those which has high volume because the volatility is quite good for high volume token. When trading, it's best to combine bitcoin and altcoin. Stick only in bitcoin is no good, and it's the same for the opposite. Combining will result in bigger chance to earn profit. However, as you know trading is quite risky, even for the expert. So do your trading carefully, don't be easily influenced by others. Feel it with your own tempo.
You can ask people for their choice and you will receive a hundred different coins, it comes down a lot to personal preference and a bit of loyalty also, I have a few coins I have been holding for a long time that will start moving at some point, they are not your mainstream well known from one like ETH or LTC.
might be worth having a quick look,. ADK and COVAL are a couple which are starting to progress.
might be worth having a quick look,. ADK and COVAL are a couple which are starting to progress.
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!
People always buy altcoins when Bitcoin is at a stable price and sometimes they buy when the price is falling too. Times like this when Bitcoin is stable are the best to trade altcoins have you ever noticed that some altcoins goes up in some days? Maybe if you keep following the market and checking news that focus on altcoins you will be able to know when that happens.
I think that the current time is best to enter into the market because bull run can be start soon let say from 11 november, 2018. I am agree with you that investing in huge potential altcoins can get you huge profits. I have personally research over the altcoins, and chosen few ICOs that can blast in the near future. These altcoins are including Credits, Docademic, Datum and Swiss Alps Mining Energy.
I would like to read more users suggestion and what altcoins they believe will be good to add in the portfolio.
I would like to read more users suggestion and what altcoins they believe will be good to add in the portfolio.
Lower volume? I see billions of tokens in the market. Do you mean lower price?
If that is a yes then that is true.
It is easier to profit with it since you wont need a large sum of money for capital.
You might want to look at PundiX project. Their token is still cheap by now and you could buy it with known exchanges.
With millions of it you could easily make profit but you will have to take that at your own risk since the project is still in progress of getting known more. It could easily fluctuate anytime this year.
If that is a yes then that is true.
It is easier to profit with it since you wont need a large sum of money for capital.
You might want to look at PundiX project. Their token is still cheap by now and you could buy it with known exchanges.
With millions of it you could easily make profit but you will have to take that at your own risk since the project is still in progress of getting known more. It could easily fluctuate anytime this year.
It is important to minimize risk understand the market before betting anything big, buy low, sell high, diversify between trading and investing, always observe on the major political events related to cryptocurrency world. You may want to follow some well trusted experts and popular channels for getting latest updates, news and trends in the cryptomarket.
I would say understanding the market is actually the main thing here when it comes to trading altcoins and at the moment, it is going to be a huge risk when it comes to trying to pick the market at this moment unless you are sure you have some pretty tight stop loss in place. Trading altcoins is a lot risky as it is one pretty huge volatile environment and if you are not careful, you will get pretty screwed fast. Watch out for bitcoin most of the time and then look at the chances for a bullish movement for the general market, and I believe it would be easy to know when to trade altcoins.When it comes to trading altcoins, the general condition of the market is actually something to always look at and the fact that bitcoin has a huge part to play in that.
No one could refuse that. To trade altcoins better, we must study the futures of bitcoin markets. Instead of getting into double hard work needed altcoin trading, I always opt for long term bitcoin trading. I agree that some times, altcoin trading is good but it could never overtake the profits of long term bitcoin trading, as per my experiences. Jump to: