Post
Topic
Board Trading Discussion
Re: how to trade efficiently?
by
ranman09
on 19/12/2017, 14:09:48 UTC
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.

First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.
Good suggestions but he can actually make day active trades but depending on how much time he would put up into trading.If time is to hectic then better go for longer terms when it comes on trading cryptos and as being suggested don't diversify too much and it much better to have a few coins but on solid ones rather than on have many but on weaker or doesn't have any potential for long term.This would really matter on how a certain individual would do its just like on researching up important things.

I trade mostly on safe coins like the ones in the top 10 of the coinmarketcap.com. I felt safe with them. Good thing i've read this thread I have been following a chat and they mostly have calls that are up for a second and then down. Seems like those kinds of calls manipulate the market just for a while.