Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: Rehan Zakir on April 21, 2021, 09:26:48 AM
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I recycled around Bitcoin and some handful of good altcoins; I trade with full balance since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.
Please share your technique with us.
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good strategy, profitable but still risky because as the market moves up fast its moves down with the same speed and you can earn all your profit with your capital in minutes so make sure to do risk managements and let a side amount of money to rebuy when the market crash because its a chance for more profit..
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DYOR. Talking about me, fond of music field, what I've found out, there are not many unique solutions that come with great tech. Would outline Utopia Genesis Foundation (UOP) - looks like they are coming with uniqueness on music field. Through the UOP, artists will be able to ask their fans and investors to crowdfund their projects. Their tokenized songs are attributed to The International Standard Recording Code (ISRC), which entails the right to collect revenue for the song, and the ability to distribute the revenue to the people who have sponsored the track. While this is easy to take for granted, the archaic structures of the institutional music industry have limited such seemingly straightforward accounting mechanisms, as evidenced by the Black Box, where billions of dollars are lost every year. Read on Utopia, curious to discuss
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my advice is one, first think carefully about whether you need it , whether you are ready to take the risk, because the crypto market can be treacherous and you can lose part of the deposit in a few minutes, and read a lot and study what projects you want to invest or trade.
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I recycled around Bitcoin and some handful of good altcoins; I trade with full balance since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.
Please share your technique with us.
You're doing the right thing dude, at the same, there was a risk waiting for you once you become neglectful doing it. Although
Yes, we can earn in that way, but there is danger waiting for us into our assets. So, be careful, of course, while I for what I did now was so simple when the price goes up I'll sell when the price down I'll buy so simple isn't?
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I believe that it is very difficult to advise something to a trader who, perhaps, already works in this area much more than myself. but today the cryptocurrency market presents quite large opportunities even for inexperienced beginners. thanks to the correction, you can get a fairly good profit by engaging in long-term trading and get high profits from the price difference.
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What we usually see is that when the price of Bitcoin goes up, the price of other Altcoins goes up and when the price of Bitcoin goes down, the price of other Altcoins goes down. But the price movement of Bitcoin and Altcoin was a little different during this bullrun. At first the price of Bitcoin went up and then the price of Altcoin went up. This is what you understand and you have made some profit by using this technique. But this is not always the case. You are so lucky that you are not in a loss.
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I think trading is that where you have to profit from buying particular coin that means buying a coin in low price and sell that at a higher price. For that first of all you have to analysis about particular coins or tokens price history that will be available in that exchanger or further you can check coinmarketcap.com where all the coins and token historical data available.
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Your strategy is very good. But cryptocurrency trading is very high risk, as the market moves up and down very quickly. Study the project carefully before you invest. Actually what I did was very simple, when the price went down I would buy, and wait for the price to go up to sell it.
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Your strategy is very good. But cryptocurrency trading is very high risk, as the market moves up and down very quickly. Study the project carefully before you invest. Actually what I did was very simple, when the price went down I would buy, and wait for the price to go up to sell it.
undoubtedly, the project itself must have sufficient real and demanded goals in society in order to be successful. But most of all, we must monitor what is happening in the cryptocurrency market and at the same time observe the actions of the developers, as well as study all their announcements. today, many projects very quickly begin to increase in value precisely because of the relevant news, because the community reacts with lightning speed. For example, when the information about the listing on Binance sounds, then everyone buys this asset.
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To beginners. Don't trade shit coins. Coins with very low or poor community and holders are always the first way of identifying shit coins and they might not be safe in most of the time to be precise. Trade coins you already made research on, and convinced of the project future and invest with proper prelaid plans. Yes, these are financial for newbies especially.
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This strategy often works so long as you keep on recycling around those known altcoins, but it does not have long-term sustainability.
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Very good trading strategy. There are different kinfs of trading strategies and it is one of them. But before starting trade, it is necessary to deeply study the market. It is necessary to know when the price is dereasing and increasing, what is the best coin to invest. Trading is not always ptofitable. It is risky and trading strategy is the strategy of mitigating risk for making profit.
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!t is very much difficult to give opinion about trading for the beginners. At first I ask every beginners to gain knowledge about crypto market, crypto coins and different types of projects. when you invest , at first look for the movement of that project. If the price is go down you can buy and when it will rise up then sell it but do not buy shit coin.
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Don't want to understand anything about trading all at once when you first launch. As a day trader, you just need one tactic that you use over and over. You don't have to know anything. Find a tactic that allows you to enter the market, set a stop loss, and take money. Then, get to work on putting the plan into action in a test account. That's what there is to it.
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If the strategy works perfectly for you stick with it with or without modification personally I trade cryptos/usd pairs due to instability in the prices of cryptos i don't trade crypto/cryptos pair and this is what works for me I mainly trade breakout of price in a channel there are other strategies out there but there is no perfect strategy I also ensured that I use stop losses to minimize my risks.
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Bitcoin goes up price of other Altcoins goes up and when the price of Bitcoin goes down, the price of other Altcoins goes down. But the price movement of Bitcoin and Altcoin was a little different during this bull run it is necessary to deeply study the market. It is necessary to know when the price is decreasing and increasing, what is the best coin to invest.
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This might not always be the case dude because most times altcoins follow the lead of bitcoin so your strategy might not always be in your favor. Since the bull run started Altcoins has been following the movement of bitcoin, bitcoin rise a bit altcoin rises higher, bitcoin falls in price altcoins fall too, the strategy u use works only a while because it's only in some few cases that altcoins does not follow the movement of bitcoin.
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tired of watching my screen, seems like when i buy a coin the price that going down but immediately i sell the price of the coin start going up again.
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To trade in the cryptocurrency market, you must first gain a good knowledge of training. If you do not have good knowledge about trading then you can never make a profit by trading. Which currency do you want to trade. First you have to analyze the currency properly. You have to trade by analyzing the currency properly. Otherwise you may face losses by trending. Because the cryptocurrency market is never stable. The cryptocurrency market can sometimes go against you.
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Your strategy is really good to make healthy profit. I am a little investor that is why i always try to trade in altcoins because i know this only a option by which i can make good profit. When the price go down then i buy some coins as like as you.
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It was my first trade, I always chose top coins and only 1 Coin. I always monitor the price in the market, and every time I get a profit I immediately sell it even though the profit is small. Waiting for the price to go down then I bought it again, so I continued to do it and it succeeded in giving me a profit.
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Terimakasih untuk informasi informasi nya ini.. Saya sebagai pemula sangat terbantu untuk melakukan perdagangan... Sukses selalu :)