Strategies for trading altcoins

[Rubel007]

I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.

I think there could be two reasons one is maybe he wants to take the risk himself but doesn't want to put himself outside for criticism by others. Because there are many friends who can blame him or humiliate him in various ways if he loses. That's why he doesn't want to involve himself in unwanted situation. Another thing could be that he doesn't want anyone else to benefit from his trading strategy. He doesn't want to give his strategy or indicator to others, either out of jealousy or to protect his privacy. However, there is no such strategy that anyone can profit certainly. Therefore, I think it is important to analyze your own judgment in terms of investment.

[milewilda]

I have a friend, he has a group of signals, I am not Really in that group, but I know that he is a person who has had some Success , according to the information I was Able to get from him (since he is very selfish) many years ago , he only calculates the time that passes between bullish peak and bullish peak to be able to put money in, wait and then win, I don't know if it is a good strategy I don't know if anyone applies others, anyone who wants to share is Welcome.

I think there could be two reasons one is maybe he wants to take the risk himself but doesn't want to put himself outside for criticism by others. Because there are many friends who can blame him or humiliate him in various ways if he loses. That's why he doesn't want to involve himself in unwanted situation. Another thing could be that he doesn't want anyone else to benefit from his trading strategy. He doesn't want to give his strategy or indicator to others, either out of jealousy or to protect his privacy. However, there is no such strategy that anyone can profit certainly. Therefore, I think it is important to analyze your own judgment in terms of investment.

People are different in many ways, if we do speak about on some strategies that someone is really that making money then there are ones who are thinking about sharing it up into other people specially into its friends and to those people who are really that selfish who doesnt really want to share up anything and would really be spoiling it to themselves.
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

[taufik123]

-snip-
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

A good strategy that can be applied to trading is a strategy that emerges from the trading experience that has been done, because it already knows what should happen and the cycle is usually the same and only the timing changes.

There are many types of strategies and this can be adjusted to how everyone trades, of course a good strategy will provide good profits and achievements in the application of strategies that have been made.

[LUCKMCFLY]

I think there could be two reasons one is maybe he wants to take the risk himself but doesn't want to put himself outside for criticism by others. Because there are many friends who can blame him or humiliate him in various ways if he loses. That's why he doesn't want to involve himself in unwanted situation. Another thing could be that he doesn't want anyone else to benefit from his trading strategy. He doesn't want to give his strategy or indicator to others, either out of jealousy or to protect his privacy. However, there is no such strategy that anyone can profit certainly. Therefore, I think it is important to analyze your own judgment in terms of investment.

He currently has a YouTube channel and sells signals. I imagine that he now has more criteria to analyze the markets. He specializes a lot in pumps and dumps, so given these things we could generate our own tactics or our own strategies.

The people who make signals or provide them are always very jealous about sharing their analysis, they don't do it, and that doesn't seem right to me , because in part you need to know where things came from. Well, I like things like that.

[milewilda]

-snip-
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

A good strategy that can be applied to trading is a strategy that emerges from the trading experience that has been done, because it already knows what should happen and the cycle is usually the same and only the timing changes.

There are many types of strategies and this can be adjusted to how everyone trades, of course a good strategy will provide good profits and achievements in the application of strategies that have been made.

And you are the ones who will really be making those adjustments on the moment or time that you do make trading, but of course this isnt somethin a skill that you could be able to obtain and thats why it will really be that important that you should really be knowing on what would be your trading regimen whenever you do make up some trades and not really just that be so confident
yet learning will really be something that a vast thing needs to be handled out. Once you do able to obtain this skill then this isnt something that could really be taken away from you.
Altcoins will always follow up Bitcoin when it comes to trend and whenever it do becomes bullish then alts will really be dragged, same goes when in bearish sentiment.

[electronicash]

the strategy you use in buying BTC is also the kind of strategy for altcoins but most of these people will just say buy low sell high.
seem a very simple strategy when a person hears it. its the kind of words that will encourage a newbie to actually invest in all kind off assets as long as they see the price is already cheaper compare to its price last week.

i think an investor should just look at the price in the 3month chart and use the RSI to determine whether price is good or not. deciding to buy low sell high is probably clear from that birds eye view chart.

Mate, the strategy for trading Bitcoin may not be the same for altcoins. There are market Trends and chart patterns, there technical and fundamental analysis used, very important when trading; LTF/HTF,  Daily/weekly/monthly averages also makes trading easy etc.
Now, Bitcoin has it own trends, moving averages, resistance and support levels at certain time which may be very different from many altcoins, and altcoins trends, moving averages, resistance/support levels are never the same.
even with each altcoins. In conclusion, trading requires basic knowledge and experience to succeed.

i don't see the reason to make it different when you use the TA you will still be using ALTCOIN/USDT. say i will be trading LTC so the market i will be looking at on the chart will still be LTC/USDT    same indicators and so on. but i wouldn't be expecting a burst of price since its altcoins anyway.  but the trader will know when its overbought and when its oversold which means he knows when to buy and when not to.

i don't know if anyone will really trade altcoins as day trader. i don;t think its ideal, if the trader can afford to spend hours for altcoins trading, he should just stick to BTC/USDT as there is more profit to BTC/USDT price movements.

[LUCKMCFLY]

People are different in many ways, if we do speak about on some strategies that someone is really that making money then there are ones who are thinking about sharing it up into other people specially into its friends and to those people who are really that selfish who doesnt really want to share up anything and would really be spoiling it to themselves.
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

It is very true, some people have an easy time winning in some types of trading, like pump and dum, also seeing how altcoins move and winning in their movements, for me that represents a lot of risk, but the best of all is to trade when the btc is in a bullish trend or when the btc is moving sideways because it is the best for everyone because that way the alt decides whether to move up or stay the same, that is one of the keys that I have learned according to their groups, and that before making any movement they have to check the btc, and that seems very logical to me.

[Asiska02]

People are different in many ways, if we do speak about on some strategies that someone is really that making money then there are ones who are thinking about sharing it up into other people specially into its friends and to those people who are really that selfish who doesnt really want to share up anything and would really be spoiling it to themselves.
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

It is very true, some people have an easy time winning in some types of trading, like pump and dum, also seeing how altcoins move and winning in their movements, for me that represents a lot of risk, but the best of all is to trade when the btc is in a bullish trend or when the btc is moving sideways because it is the best for everyone because that way the alt decides whether to move up or stay the same, that is one of the keys that I have learned according to their groups, and that before making any movement they have to check the btc, and that seems very logical to me.

When trading cryptocurrencies, bitcoin is always use as the major factor to consider before trading many of the altcoins. When the direction of bitcoin is known, it is very easy to place a trade on altcoins that are mostly following the trend of bitcoin and don’t really have a say of their own. Most of the big altcoins also have their own time and don’t really follow the trend of bitcoin, that’s to show how big they are also and cannot be intimidated by bitcoins move. It is better to know those coins that obey bitcoins trend and those that don’t before placing a trade. When bitcoin is in a very big bullish momentum, it is very hard to see no coin obeying that trend even the big altcoins. Whatever the case maybe, once you understand the market more, you’ll know that bitcoin controls the market and no any other coin has same potential as it does have.

[LUCKMCFLY]

When trading cryptocurrencies, bitcoin is always use as the major factor to consider before trading many of the altcoins. When the direction of bitcoin is known, it is very easy to place a trade on altcoins that are mostly following the trend of bitcoin and don’t really have a say of their own. Most of the big altcoins also have their own time and don’t really follow the trend of bitcoin, that’s to show how big they are also and cannot be intimidated by bitcoins move. It is better to know those coins that obey bitcoins trend and those that don’t before placing a trade. When bitcoin is in a very big bullish momentum, it is very hard to see no coin obeying that trend even the big altcoins. Whatever the case maybe, once you understand the market more, you’ll know that bitcoin controls the market and no any other coin has same potential as it does have.

You said that because in everything that has to be in the BTC market for the alts, the btc is the only crypto active that always has a life of its own, that is why the alts move as the btc is in motion, I generally when it comes to trading with alts I almost do not do it because I do not have much experience in them and operating in the alts, however I like to see their movements, and there are some that do that I really do not know why? sometimes upwards, like in pump and dumps behaviors but well that's how the alts are.

[milewilda]

People are different in many ways, if we do speak about on some strategies that someone is really that making money then there are ones who are thinking about sharing it up into other people specially into its friends and to those people who are really that selfish who doesnt really want to share up anything and would really be spoiling it to themselves.
Its true that there's no such thing about having those guaranteed strategies that do works anytime. Strategies made will really be just that basing up into the
things that you have learnt in the past trading sessions and as you do gain experience as you do go ahead then you do become more even better and better.

It is very true, some people have an easy time winning in some types of trading, like pump and dum, also seeing how altcoins move and winning in their movements, for me that represents a lot of risk, but the best of all is to trade when the btc is in a bullish trend or when the btc is moving sideways because it is the best for everyone because that way the alt decides whether to move up or stay the same, that is one of the keys that I have learned according to their groups, and that before making any movement they have to check the btc, and that seems very logical to me.

When doing trading then sustainability will really be that your main issue on which there's no way that you can be able to tell n what kind of trading method you will be using because not all will really be the same in terms of the things that they are dealing into because each person will really be that different when it comes into this aspect. So everything will really be that in according into your capability and capacity on which this will differ into each person. So it will be that up to you on how to deal up with things accordingly.

[libert19]

I do same as your friend, Bitcoin halving cycle keeps repeating itself, just make your buys accordingly and you'll make profit. It's simple as it can get, yet people do gymnastics.

[LUCKMCFLY]

When doing trading then sustainability will really be that your main issue on which there's no way that you can be able to tell n what kind of trading method you will be using because not all will really be the same in terms of the things that they are dealing into because each person will really be that different when it comes into this aspect. So everything will really be that in according into your capability and capacity on which this will differ into each person. So it will be that up to you on how to deal up with things accordingly.

Well to me it seems very difficult to trade alts, because with alts, for everything to go well, I think that the movement of bitcoin must be analyzed very well and once it is determined, then there is nothing to do but based on what can be predicted, then an appropriate decision is made. Sometimes it is not worth trading alts if it is seen that it is very likely that btc will go down, because if that happens, then the alts do it too and very quickly and sometimes without stopping, that for me is complicated, that is why the people who trade with alts and do it well and earn big, well, I admire them.

[Rubel007]

When doing trading then sustainability will really be that your main issue on which there's no way that you can be able to tell n what kind of trading method you will be using because not all will really be the same in terms of the things that they are dealing into because each person will really be that different when it comes into this aspect. So everything will really be that in according into your capability and capacity on which this will differ into each person. So it will be that up to you on how to deal up with things accordingly.

Well to me it seems very difficult to trade alts, because with alts, for everything to go well, I think that the movement of bitcoin must be analyzed very well and once it is determined, then there is nothing to do but based on what can be predicted, then an appropriate decision is made. Sometimes it is not worth trading alts if it is seen that it is very likely that btc will go down, because if that happens, then the alts do it too and very quickly and sometimes without stopping, that for me is complicated, that is why the people who trade with alts and do it well and earn big, well, I admire them.

Yes to make profit from altcoins is difficult. There is no chance of trusting altcoins as much as one can trust Bitcoin. If someone wants to trade altcoins, they must do so by taking risks. Every bull run in Bitcoin will be bullish and it is capable of creating new all time high, but there is no such possibility in altcoins, and even the top altcoins are not guaranteed. That is why trading altcoins in a bullish market is also risky. However, those who are able to buy the top altcoins during bearish times and hold them until the bullish times will get comparatively better rewards from altcoins.

[LUCKMCFLY]

Yes to make profit from altcoins is difficult. There is no chance of trusting altcoins as much as one can trust Bitcoin. If someone wants to trade altcoins, they must do so by taking risks. Every bull run in Bitcoin will be bullish and it is capable of creating new all time high, but there is no such possibility in altcoins, and even the top altcoins are not guaranteed. That is why trading altcoins in a bullish market is also risky. However, those who are able to buy the top altcoins during bearish times and hold them until the bullish times will get comparatively better rewards from altcoins.

I do not have the knowledge to say go ahead and invest in the Altcoin x,x,x no, because I do not know how it is and how it is analyzed, if I could choose an alt it would be ETH and that is because its movement is very similar to that of BTC and the other question is that I could make a small investment in Doge, since many are waiting for that big PUMP that everyone is waiting for, Elon Musk is one of the most influential people in the world, now with the power that Trump is obviously going to give him, they are waiting for this long-awaited PUMP especially for those who are fans of this currency.

[TomPluz]

Yes to make profit from altcoins is difficult. There is no chance of trusting altcoins as much as one can trust Bitcoin. If someone wants to trade altcoins, they must do so by taking risks. Every bull run in Bitcoin will be bullish and it is capable of creating new all time high, but there is no such possibility in altcoins, and even the top altcoins are not guaranteed.

And that can be really true, except maybe for Ethereum as it is heavily influenced by Bitcoin and to a lesser extent maybe the alts in the top 15 of CMC. Though comparing them to Bitcoin, there remains more room for growth with alts but honestly the biggest problem is selecting which alts will really make it so maybe we will stick with those that are showing some big gains already in the market like SOL, BNB, TON and similar coins. There is a bigger risk in alts but at the same time also bigger potential to make bigger profits and if one is interested with memecoins can can gain x10, x100 and yes even more than x1000.