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Author Topic: When to trade altcoins?  (Read 1584 times)

Offline mightwalker

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Re: When to trade altcoins?
« Reply #15 on: October 26, 2018, 08:57:19 AM »
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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Re: When to trade altcoins?
« Reply #15 on: October 26, 2018, 08:57:19 AM »

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Offline bdamenaakter

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Re: When to trade altcoins?
« Reply #16 on: October 26, 2018, 09:15:10 AM »
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.

Offline GREENch85

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Re: When to trade altcoins?
« Reply #17 on: October 26, 2018, 12:05:43 PM »
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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Re: When to trade altcoins?
« Reply #18 on: October 26, 2018, 02:08:05 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!

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.

Offline cryptofunn

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Re: When to trade altcoins?
« Reply #19 on: October 26, 2018, 02:14:19 PM »
Altcoin season has already begun, many have already risen by 100% in a month, look do not overlook

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Re: When to trade altcoins?
« Reply #20 on: October 26, 2018, 05:18:47 PM »
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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Re: When to trade altcoins?
« Reply #21 on: October 26, 2018, 05:36:54 PM »
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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Re: When to trade altcoins?
« Reply #21 on: October 26, 2018, 05:36:54 PM »


Offline Duckenth

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Re: When to trade altcoins?
« Reply #22 on: October 26, 2018, 05:43:44 PM »
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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Re: When to trade altcoins?
« Reply #23 on: October 26, 2018, 06:04:59 PM »
Looking  at  the topic , trading of any coin defence on the coin, it can be traded whenever it get to an exchange.

Offline kurapika

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Re: When to trade altcoins?
« Reply #24 on: October 26, 2018, 06:14:36 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!
Consider PRL, RVN as they are performing good recently. You can check their chart at coin marketcap.

Offline Nakmat_cinta

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Re: When to trade altcoins?
« Reply #25 on: October 26, 2018, 11:53:53 PM »
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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Re: When to trade altcoins?
« Reply #26 on: October 27, 2018, 12:07:55 AM »
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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Re: When to trade altcoins?
« Reply #27 on: October 27, 2018, 03:09:50 AM »
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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Re: When to trade altcoins?
« Reply #28 on: October 27, 2018, 03:40:31 AM »
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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Re: When to trade altcoins?
« Reply #29 on: October 27, 2018, 05:13:28 AM »
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.

 

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