Strategies for trading altcoins

[UNIVERSE]

Not all coins that are kissing on the floor or simply on the bottom will really be that  giving out that assurance that it will really be making out some comeback or pump in the future.

Yes, it was exactly what I said before. 
Sure, when a coin dropped to a very lowest price, it may not increase again to its best price. We must be careful, we must check everything related to the reasons why it dropped much. If it looks like a very bad reason, kindly avoid buying the coin.

Of course there would really be several factors on which this could really be affecting out overall result. To those who are old or veteran already into this market then they do know on what they are doing but of course every step that we do make will really be having that corresponding risks that needs up to consider. It will really be just that up to you on how you would really be doing it.

For the experienced people, they must be aware that it must be very careful to consider buying coins with huge decline in price. Unless it is in bearish season, it is always suspicious when there is a huge decline. One of the reasons may be caused by no innovation in the coin development. If this happens, it is difficult to expect the price to increase much in the future.

[LUCKMCFLY]

For the experienced people, they must be aware that it must be very careful to consider buying coins with huge decline in price. Unless it is in bearish season, it is always suspicious when there is a huge decline. One of the reasons may be caused by no innovation in the coin development. If this happens, it is difficult to expect the price to increase much in the future.

Usually the big price drops are because normally the price of BTC has dropped and it is normal for them to fall, of course we are considering the altcoins that are unstable currencies and that in some way are always there reacting to the BTC market, that is why BTC is Always the one that rules, it is the king, therefore we as people always as a first option before buying any type of alts, we see how the movement of BTC is and if it is really worth doing it, although of course many will see the falls of the alts a bargain to make more and they will wait for it to go up, but it is their Decision that goes to the personal.

[UNIVERSE]

Usually the big price drops are because normally the price of BTC has dropped and it is normal for them to fall, of course we are considering the altcoins that are unstable currencies and that in some way are always there reacting to the BTC market, that is why BTC is Always the one that rules, it is the king, therefore we as people always as a first option before buying any type of alts, we see how the movement of BTC is and if it is really worth doing it, although of course many will see the falls of the alts a bargain to make more and they will wait for it to go up, but it is their Decision that goes to the personal.

Yeah, altcoins follow Bitcoin. When there is a significant decline in Bitcoin, altcoins also experience huge decrease. Both Bitcoin and altcoins are unstable, even stable coins price also fluctuate. But those stable coins doesn't fluctuate much, the prices are a bit stable or not moving significantly. Sure, Bitcoin price move is more visible, it is a bit easy to predict than the prices of altcoins. That's why Bitcoin is more recommended for investment.

[SmartGold01]

Usually the big price drops are because normally the price of BTC has dropped and it is normal for them to fall, of course we are considering the altcoins that are unstable currencies and that in some way are always there reacting to the BTC market, that is why BTC is Always the one that rules, it is the king, therefore we as people always as a first option before buying any type of alts, we see how the movement of BTC is and if it is really worth doing it, although of course many will see the falls of the alts a bargain to make more and they will wait for it to go up, but it is their Decision that goes to the personal.

Yeah, altcoins follow Bitcoin. When there is a significant decline in Bitcoin, altcoins also experience huge decrease. Both Bitcoin and altcoins are unstable, even stable coins price also fluctuate. But those stable coins doesn't fluctuate much, the prices are a bit stable or not moving significantly. Sure, Bitcoin price move is more visible, it is a bit easy to predict than the prices of altcoins. That's why Bitcoin is more recommended for investment.

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

[LUCKMCFLY]

Yeah, altcoins follow Bitcoin. When there is a significant decline in Bitcoin, altcoins also experience huge decrease. Both Bitcoin and altcoins are unstable, even stable coins price also fluctuate. But those stable coins doesn't fluctuate much, the prices are a bit stable or not moving significantly. Sure, Bitcoin price move is more visible, it is a bit easy to predict than the prices of altcoins. That's why Bitcoin is more recommended for investment.

In 2017 I stopped making a lot of money because I knew nothing about the market until I learned that with bitcoin things were different. For me things are very different because basically when BTC went up, the alts went up a lot, but at that moment I didn't know the logic of anything. What I understood was that if BTC goes up and there is confirmation that BTC will go up, then things with the alts will go up and that the best time to buy the alts is during the first correction of BTC because that's when the alts will be at their lowest point, and when you buy there and BTC goes up, then the alts will do 2x, 3x and everything. I learned that thanks to books and understanding a little how this beautiful market moves.

[Asiska02]

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

If it is all about holding and not trading, bitcoin should be the perfect option for any crypto enthusiast. When it comes to trading, it encompasses many again and many people see the trading of altcoins as been profitable than trading bitcoin itself. The truth is that all this market will move together with bitcoin and won’t mind the analysis you’ve done earlier if there’s a spike in bitcoin in any of the directions. Bitcoin is just the pioneer of all, but if you can trade carefully and understand market trends in both altcoins and bitcoins, it’ll make you really profitable in the long run.

[UNIVERSE]

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

If they have good knowledge about altcoins and have a lot of experience on it, it is no problem to invest in altcoins. I don't think it is a big mistake, it is just people's choice. But it will be wise to prioritize Bitcoin because it is safer. Bitcoin won't drop as badly as altcoins.

What I understood was that if BTC goes up and there is confirmation that BTC will go up, then things with the alts will go up and that the best time to buy the alts is during the first correction of BTC because that's when the alts will be at their lowest point, and when you buy there and BTC goes up, then the alts will do 2x, 3x and everything.

True. Whenever we have good news about Bitcoin, altcoins prices may start to increase. Sometimes when there is good news in altcoins, there will be good increase in Bitcoin price, too. Actually both Bitcoin and altcoins always have correlation. These are the same, they are crypto coins. So, it is not surprised that each another to bring an influence.

[LUCKMCFLY]

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

Yes, that is the most logical and intelligent thing to do, I have seen many who trust in alts and when they buy their investment falls almost to the floor and that is not the idea , the idea is that at least the person follows it and does not get disappointed, in itself the best action or currency to make an investment and that will never fail is Bitcoin, so far it is the best that can be determined to do to have as a Hodl measure, those who can buy BTC are blessed, those who buy alts sometimes do so with sacrifice and hoping that it will go up quickly, but that is a double-edged sword.

[SmartGold01]

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

Yes, that is the most logical and intelligent thing to do, I have seen many who trust in alts and when they buy their investment falls almost to the floor and that is not the idea , the idea is that at least the person follows it and does not get disappointed, in itself the best action or currency to make an investment and that will never fail is Bitcoin, so far it is the best that can be determined to do to have as a Hodl measure, those who can buy BTC are blessed, those who buy alts sometimes do so with sacrifice and hoping that it will go up quickly, but that is a double-edged sword.

That is why telling someone to buy altcoin is like trying to lure the person to fall into a pit where they can't come out so easily because they are digging for gold. altcoin is way to easily lose investment if not at those coin that we found to be trusted or reliable, even as that I can't guaranteed anyone or assure them that any coin will do better in this coming bull run apart from bitcoin that I know too well that doesn't crash and fail entirely like alts.

[Rubel007]

Most people who makes altcoin their first priority are making a big mistake because already we know as the market and is dependently waiting for the bitcoin for it to spike, and such isn't to hold and there is every need to hold an independent currency or coin such as bitcoin, gold any other assets that doesn't depends on the other grow and rise exponentially. So as a starter it imperatively to hold bitcoin than altcoin.

Yes, that is the most logical and intelligent thing to do, I have seen many who trust in alts and when they buy their investment falls almost to the floor and that is not the idea , the idea is that at least the person follows it and does not get disappointed, in itself the best action or currency to make an investment and that will never fail is Bitcoin, so far it is the best that can be determined to do to have as a Hodl measure, those who can buy BTC are blessed, those who buy alts sometimes do so with sacrifice and hoping that it will go up quickly, but that is a double-edged sword.

That is why telling someone to buy altcoin is like trying to lure the person to fall into a pit where they can't come out so easily because they are digging for gold. altcoin is way to easily lose investment if not at those coin that we found to be trusted or reliable, even as that I can't guaranteed anyone or assure them that any coin will do better in this coming bull run apart from bitcoin that I know too well that doesn't crash and fail entirely like alts.

Well, the number of altcoins in the market is increasing gradually. That's why many good altcoins are not performing as well as expected. Investing in Bitcoin is the safest in this scenario. There are many altcoins that will not be able to survive in the market after the upcoming bull run, even if its trading volume is currently good, the same situation may occur. Moreover, not all altcoins will increase in demand if there is a bull run. Therefore, in the case of investment, the investor must take the right decision, otherwise there is nothing to do but face certain loss.

[LUCKMCFLY]

True. Whenever we have good news about Bitcoin, altcoins prices may start to increase. Sometimes when there is good news in altcoins, there will be good increase in Bitcoin price, too. Actually both Bitcoin and altcoins always have correlation. These are the same, they are crypto coins. So, it is not surprised that each another to bring an influence.

Yes, I remember very well how in 2017 when a friend was doing very well with alts, he only traded alts and made money, I was surprised because he even gave us some trading classes, at that time I knew absolutely nothing, and he knew a lot, he made good money, of course the whole trick was that alts went up because the price of BTC was high, there was already an established market and things worked out that way, but when the market fell and entered the accumulation phase, things were different, as far as I know that friend lost all the money, it's mental, that's when I realized that he got that money by pure luck, and not by the normal logic of the market.

[LUCKMCFLY]

That is why telling someone to buy altcoin is like trying to lure the person to fall into a pit where they can't come out so easily because they are digging for gold. altcoin is way to easily lose investment if not at those coin that we found to be trusted or reliable, even as that I can't guaranteed anyone or assure them that any coin will do better in this coming bull run apart from bitcoin that I know too well that doesn't crash and fail entirely like alts.

It is a fact that these possibilities exist, I am also that way with alts, even with myself, 3 years ago I made a small investment with alts, but it didn't work out for me, in fact I lost, and that made me angry because I started to believe in some alts and instead of putting money into btc I started to invest in some that at the time were very good, but it didn't work out for me, so I think that sometimes with the investment in alts you also have to be very lucky, sometimes luck can help a lot, and make a difference, sometimes things work out, but buying alts seems better to me when there is confirmation that BTC will go up and up.

[taufik123]

It is a fact that these possibilities exist, I am also that way with alts, even with myself, 3 years ago I made a small investment with alts, but it didn't work out for me, in fact I lost, and that made me angry because I started to believe in some alts and instead of putting money into btc I started to invest in some that at the time were very good, but it didn't work out for me, so I think that sometimes with the investment in alts you also have to be very lucky, sometimes luck can help a lot, and make a difference, sometimes things work out, but buying alts seems better to me when there is confirmation that BTC will go up and up.

And choose what altcoins have the potential to go higher and will provide huge profits.
For example, ETH in the past cost less than $100 and even that was the cheapest price, but I didn't buy it because I didn't see the real potential.

I may have missed that phase, but now I'm starting to prepare for it to start accumulating potentially bullish altcoins in the future and start buying Bitcoin for the new ATH.

So prepare everything well and make sure you fill your bag with altcoins that can yield 10x or even 100x profits.

[Axcel777]

It is a fact that these possibilities exist, I am also that way with alts, even with myself, 3 years ago I made a small investment with alts, but it didn't work out for me, in fact I lost, and that made me angry because I started to believe in some alts and instead of putting money into btc I started to invest in some that at the time were very good, but it didn't work out for me, so I think that sometimes with the investment in alts you also have to be very lucky, sometimes luck can help a lot, and make a difference, sometimes things work out, but buying alts seems better to me when there is confirmation that BTC will go up and up.

And choose what altcoins have the potential to go higher and will provide huge profits.
For example, ETH in the past cost less than $100 and even that was the cheapest price, but I didn't buy it because I didn't see the real potential.

I may have missed that phase, but now I'm starting to prepare for it to start accumulating potentially bullish altcoins in the future and start buying Bitcoin for the new ATH.

So prepare everything well and make sure you fill your bag with altcoins that can yield 10x or even 100x profits.

This is why we should choose only those alternative coins that can bring good growth in the next few years. As the saying goes ‘the show cannot begin twice’ experience proves that such opportunities may appear once and developing preparations is the right thing to do for catching new velocity in the future.

Gathering up assets with the similar potential is now a prime objective, especially with the altcoins that are capable of growing rapidly. By having a mature strategy we have the potential to make the right profits at a later stage.

[LUCKMCFLY]

This is why we should choose only those alternative coins that can bring good growth in the next few years. As the saying goes ‘the show cannot begin twice’ experience proves that such opportunities may appear once and developing preparations is the right thing to do for catching new velocity in the future.

Gathering up assets with the similar potential is now a prime objective, especially with the altcoins that are capable of growing rapidly. By having a mature strategy we have the potential to make the right profits at a later stage.

Without a doubt things are like that, I personally think that one of the alts that can be trusted the most because I see it more solid is the ETH, for me that Currency has a lot of Potential and is always making good movements, moments similar to the btc, that would be an investment option for me if alts are concerned, in addition, it is expected that the next ATH for the ETH will be something very juicy, something that I like, the other alts well for me already represent a great risk in every way, but of course it is just my thought, there are people who take risks and Win big.