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Author Topic: When to trade altcoins?  (Read 1579 times)

Offline ridwan93

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When to trade altcoins?
« on: October 24, 2018, 10:56:36 PM »
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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When to trade altcoins?
« on: October 24, 2018, 10:56:36 PM »

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Offline WWoF

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Re: When to trade altcoins?
« Reply #1 on: October 24, 2018, 11:17:12 PM »
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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Offline luvr1000

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Re: When to trade altcoins?
« Reply #2 on: October 24, 2018, 11:37:35 PM »
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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Offline CatureX69

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Re: When to trade altcoins?
« Reply #3 on: October 25, 2018, 01:26:15 AM »
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.

Offline Nisa12

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Re: When to trade altcoins?
« Reply #4 on: October 25, 2018, 02:22:33 AM »
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

Offline de_prof

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Re: When to trade altcoins?
« Reply #5 on: October 25, 2018, 02:26:50 AM »
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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Re: When to trade altcoins?
« Reply #6 on: October 25, 2018, 05:25:04 AM »
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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Re: When to trade altcoins?
« Reply #6 on: October 25, 2018, 05:25:04 AM »


Offline ZionRTZ

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Re: When to trade altcoins?
« Reply #7 on: October 25, 2018, 06:29:51 AM »
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.

Quote
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. 

Offline Garuda

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Re: When to trade altcoins?
« Reply #8 on: October 26, 2018, 04:47:33 AM »
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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Offline napster

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Re: When to trade altcoins?
« Reply #9 on: October 26, 2018, 08:05:26 AM »
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.

Offline debra

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Re: When to trade altcoins?
« Reply #10 on: October 26, 2018, 08:21:25 AM »
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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Offline bdsharminsoltana

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Re: When to trade altcoins?
« Reply #11 on: October 26, 2018, 08:29:57 AM »
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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Re: When to trade altcoins?
« Reply #12 on: October 26, 2018, 08:38:03 AM »
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.

Offline mamun777

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Re: When to trade altcoins?
« Reply #13 on: October 26, 2018, 08:43:54 AM »
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.

Offline kamal420

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Re: When to trade altcoins?
« Reply #14 on: October 26, 2018, 08:52:11 AM »
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.
l

 

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