Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Bobcrypto on October 05, 2018, 09:16:20 PM
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One of the target of every Trader in crypto market is to grab the slightest opportunity in the market prices to make fast earnings in expense of whether there are, firstly, volume, secondly, marketcap, and thirdly, Prices.
Looking at this critically, i have come to conclusion that Traders are much interested on the prices of coins/tokens to do their business, than considering the volume and the marketcap or even coinmarketcap daily rankings. It this proper in crpyto development? Share your ideas. Thank you
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One of the target of every Trader in crypto market is to grab the slightest opportunity in the market prices to make fast earnings in expense of whether there are, firstly, volume, secondly, marketcap, and thirdly, Prices.
Looking at this critically, i have to conclusion that Traders are much interested on the prices of coins/tokens to do their business, than considering the volume and the marketcap or even coinmarketcap daily rankings. It this proper in crpyto development? Share your ideas. Thank?
if you want to engage in trading, then you will need a lot of time to understand, also a lot of patience and need to allocate a lot of time on this case, just invest in crypto-currency more convenient, although the earnings wait a long time
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I think coinmarketcap is only a tool to monitor price conditions at the exchange place, so that with the existence of a coinmarketcap it can make the price help traders to determine the right position to buy and sell coins.
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I doubt (hopefully) that any serious traders use coinmarketcap as anything other than maybe a quick check for rough price movements, and possibly coin liquidity when comparing exchanges. If you dig around the features, there is plenty of good information, but it really doesn't help anyone other than casual investors, and (in my opinion) definitely not if you are day trading. The website tradingview.com is a decent website for getting into, and could be worth investing in one of the paid subscriptions if you're looking to make regular trades, although the free version is perfectly adequate for learning the ropes.
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for a 1-5% profit trader it is good enough, because they are trading with a lot of capital, even though if 1% profit is multiplied by the number of millions of coins, the profit can be quite good and can cover the previous defeat.
but for novice investors or traders who are just starting, 10% profit is still small, and it takes 40-50% profit to be sold.
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My idea is the same as yours and might be the same as other people too. Indeed, we must be clever-clever in taking market opportunities when looking at the state of the market at Coinmarketcap. So if there is a coin that goes down and wants to increase, then it's a good opportunity to buy it immediately even if the profits are small or large. The most important thing is to get profit first.
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Traders are so concern about cheap price but potential coins to invest. They are always concern of long term holding. They have clear mindset of the tokens that supported.
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One of the target of every Trader in crypto market is to grab the slightest opportunity in the market prices to make fast earnings in expense of whether there are, firstly, volume, secondly, marketcap, and thirdly, Prices.
Looking at this critically, i have come to conclusion that Traders are much interested on the prices of coins/tokens to do their business, than considering the volume and the marketcap or even coinmarketcap daily rankings. It this proper in crpyto development? Share your ideas. Thank you
In crypto, traders are defined as the ones who only care about prices and not necessarily about the project itself (short term). Investors, on the other hand, are very much into long term project development and not really concerned about the current price.
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as a trader, we must be able to make the good decisions. by analyzing the market, we will know the right time to sell or buy crypto. it will help us to make a profit.
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One of the target of every Trader in crypto market is to grab the slightest opportunity in the market prices to make fast earnings in expense of whether there are, firstly, volume, secondly, marketcap, and thirdly, Prices.
Looking at this critically, i have come to conclusion that Traders are much interested on the prices of coins/tokens to do their business, than considering the volume and the marketcap or even coinmarketcap daily rankings. It this proper in crpyto development? Share your ideas. Thank you
To get success in the trading, we need to know about everything especially for the coin that we want to buy or already have it. We need to always check the volume at the coinmarketcap in daily, so we know how is the progress for every coin and if we can see there is a chance for us then we can use it. And it's not just the price of coins/tokens on the market, but it also about the movement of the coins/tokens so we can know the possibility to make a profit from that coins/tokens.
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Marketcap is the tool that traders use to track price movement of a token, altcoin or coin. Some cryptoenthusiast think that coinmarketcap is an exchange for cryptocurrencies but it's not. It's all about historical data, volume and price of course.