Post
Topic
Board Speculation (Altcoins)
Re: Already lost 50% of my capital
by
wagi
on 07/01/2018, 01:17:30 UTC
Hello guys. I just want to ask for your opinion or an advice.
I started trading since May 2017. I calculated all my loss, I already lost 50% of my capital  Sad. Some coins are still in hold.
I just want to ask what can you give to me an advice or any learnings  about trading. I'm using bittrex.
I also lost 80% of my capital after joining the crypto for 2 months. I also started with Bittrex. But I trade the whole capital loss. Currently I have gained some capital and interest. My experience is that if you have large capital, please trade on sites such as Bittrex, Poloniex ... If your capital is not large then you should trade on smaller sites like Cryptopia, Novaexchange, Coinexchange, Yobit, Hitbtc. These commercial pages have a small volume that is less affected by market fluctuations.

 if you trade any altcoin on hitbtc where the volume less than bittrex, i think the fluctuation is not different between both exchange.
If the altcoin is listed in both exchange then the fluctuation is the same. The price is not much different between exchanger.
If the fluctuation of the price between exchange is different, it will make the price range also different, so this is the time for trader to do arbitrage strategy then the price and fluctuation finally the same.