Re: How to secure your trading with exchange or ways of making decisions
Hi Friends!
I am still learning for cryptocurrency. I have some questions for trading as I do not have for own experience. Appreciated if you can share with me your story.
- Which exchange is more secure and best for trading? (pros and cons?)
I am still learning for cryptocurrency. I have some questions for trading as I do not have for own experience. Appreciated if you can share with me your story.
- Which exchange is more secure and best for trading? (pros and cons?)
Just go with major exchange sites like binance and bittrex.
Pros: You still can withdraw with 2btc per day even without kyc. High liquidity.
Cons: You need to passed kyc if you want to withdraw beyond your limit.
- When you do for trading, did you put all your money at one exchange?
No, because some of my coins are being trade in DEX.
- Which indicators are best for trading? Accuracy come from 1 hour or 1 day chart?
I'll go with both especially if you're a day trader, this will help you in your TA.
- How do you make the decision to buy or sell the coin? Is it only bases on news or charts?
I don't want to be greedy so I'll sell whenever I profited like at least 3% to 5%. That will do for me.
- Is there any safer way for having profit with swing trading?
Swing and day trading are both risky and the least you can do is always secure your profit.
- Which pair is best for trading(btc/usd)? Do you decide bases on volumes?
If you really want a sure profit just use usdt as it's stable currency and whenever the market is in dip it won't get affected in either way.
Just my personal view.
