Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ridwan93 on October 24, 2018, 10:56:36 PM
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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!
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You can try to look wanchain and zilliqa in binance. They are have huge potential for future. Also price seems stable these days. So you can trade for 5 6 pecentage profit everyday.
Now i am doing some trade in wan and i already earn 9 percentage profit in last 3 days.
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Altcoins have more chances to make big growth, because the price can be influenced by many factors such as entering a new exchange or launching a platform, while Bitcoin doesn’t have that
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You're right, the price of Altcoins is much cheaper than the price of Bitcoin, nowadays many Altcoins are holding and very popular, Altcoin also has a good and potential future.
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it is true that altcoin prices are cheaper than bitcoin but if we as daily traders do not need to think about it the most important thing is which coins are faster to profit in trading altcoin or bitcoin
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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 You can see the market conditions. When the price is low, You can buy coun and start trading. I have done it.
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I trade with Altcoins which is always paired with Bitcoin when the altcoins turn red.
Suppose that altcoins drops to 20% then I buy and when Altcoins rises by about 10% I just sell.
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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.
You should be careful here. A more volatile market also means you are more prone to losses.
Any great alt coins I should be looking into for trading? I'd like to hear your opinion on this method of trading!
I suggest you look into sites like cryptocurrency calendars. You will have an idea of the news and events that's going to happen.
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It is true. Market opportunities from Altcoin are good, and more potential to be able to rip than Bitcoin. Therefore, there are now many people who are starting to move from Bitcoin to one or more of the good coins in Altcoin. so I support that, and I hope that in the future Altcoin can be free from the influence of the Bitcoin market so that Altcoin can be independent in carrying out its trading activities.
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If you ask my honost opinion, never.
After ICO stage, I only sell them not to buy again.
Only taking my profit and leave the stage for new ICOs.
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The reality is that Altcoin is more likely to be active in playing the market than Bitcoin. Altcoin itself is always active in running its market, so Traders like to trade in it. What is clear is that it will be good for everyone here to trade well in Altcoin rather than having to wait for high Altcoin prices without clear certainty.
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When we decide to invest and trade in Altcoin, we must dare to make decisions. Because as we know that investing in Altcoin is quite a risk. Trading Altcoin cannot be done in a short time because Altcoin is a long-term investment so we have to wait a while to get the right momentum. Being patient is the main key in doing Altcoin Trading. Be sure to choose a coin that really has good qualifications because it is our main capital in getting the opportunity to make a profit.
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Trade altcoins which you can handle the movement of price in the market as when you opt to choose day trading. Always come to the point the huge risks in trading whereas the volatility are at high stage and really depends on bitcoin market. Choose and always find time to search a most profitable altcoins in the market.
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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.
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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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You can trade any altcoins, make sure it has quite a high volume. I suggest you should still keep your half of assets at a stable coin. I only use 20-30% of my investment for altcoins trading
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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.
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Most of the altcoins that exist now are garbage. It seems to me that by 2025 99% of the existing altcoins will cease to exist. I mean is that to trade altcoins should be approached cautiously and carefully to choose them.
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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's true. Bitcoin seems more stable, and the price tends to be difficult to rise. If you plan for short term trading, you are better to choose altcoins. But for long term, I advise to choose bitcoin. It's my opinion.
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Altcoin season has already begun, many have already risen by 100% in a month, look do not overlook
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You can try for example to register at tradesatoshi.com there are not many big traders and trading bots. In the left column at the very top are trading pairs that have the highest daily trading volume. Try to start trading these coins or those that have above-average trading volumes. In this case, you can learn to trade and make money.
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I suggest 10 top coin marketcap for your trading. try checking it there. With a large transaction volume, the coin indicates that there are many enthusiasts. Because coins with large volumes, the risk of being manipulated is small so it is difficult to influence the dump / pump.
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A Cryptocurrency trader must understand the market situation and conditions of Cryptocurrency. if by selling Bitcoin then using it to trade other altcoins it would be profitable then that is the right decision to do. Because indeed, there are many altcoins whose value can rise faster than Bitcoin.
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Looking at the topic , trading of any coin defence on the coin, it can be traded whenever it get to an exchange.
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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!
Consider PRL, RVN as they are performing good recently. You can check their chart at coin marketcap.
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if I will exchange the altcoin that I have when the price has gone up ... according to my target I have set it. therefore I must have a job in the real world to help meet the daily economic needs of my family
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While trading aims at frequent buying and selling of assets to take profit from market price changes, the goal of investing is to build profits over an extended period of time by buying and hoddling of assets.
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Altcoins have more chances to make big growth, because the price can be influenced by many factors such as entering a new exchange or launching a platform, while Bitcoin doesn’t have that
Perhaps altcoins are the only good alternative of investment to have more profit when the alts goes to moon. Some alts are potential, popular, and cheaper price. Take time to find out the potential alts then invest as long as you want.
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In my opinion every cheap coin is good for day trading. But if you really want to do day trading you need to be very careful because there are a lot "monsters" there. They only care about profit, nothing else. They will pump and dump in no time before you realize what happen. They will never ask if you are ready or not.
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Basically, Altcoin is an alternative coin from Bitcoin, the Altcoin Market currently tends to be influenced by Bitcoin so it is not easy to raise prices and also reduce it. But the market travel and dynamics are unique, so this is suitable for short-term trading. I see that Altcoin is good for trading.