Quote from: rose9696 on October 12, 2018, 04:01:28 AM

Quote from: ChristopherAngelo on October 09, 2018, 07:39:36 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!

You should know that a volatile thing is easily lost. Because of the low volume, the altcoin can easily be manipulated, so consider investing before it's time-sensitive. You can lose everything if you invest in altcoin. I think you should invest in Bitcoin to make a profit. The decision belongs to you.

If you know what to always do and how to always manage the risks, you won't end up losing everything when it comes to trading altcoins. Most people tend to just try to trade altcoins with no knowledge and experience at all, and being that it is a highly volatile environment, you really want to be sure of the trend before even trading any of it, and make sure you are always trying as much as possible to always keep a tight stop loss as the case may be, which if you do not, you can end up getting yourself screwed pretty fast.

When it comes to trading altcoins, the general condition of the market is actually something to always look at and the fact that bitcoin has a huge part to play in that.