Post
Topic
Board Trading Discussion
Re: When to trade altcoins?
by
fasdorcas
on 10/11/2018, 12:58:08 UTC
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 can trade any time using any tools at any exchanges you want, as long you know and understand what and how is trading?. Many people start trading only with dream with out knowledge. tools and fund, not enough preparation will create bankrupt person. See coinmarketcap list no 1 - 5 and start it from there, everything have risk and good luck to you.
There is even no specific period when you should be trading altcoins, the most important thing is to know what you are doing, have a strategy, understand that the altcoin space is a volatile space and make sure you are very careful with your trades, be sure of your trading portfolio and try as much as possible not to get yourself wrapped up in so much than you can handle at once, then I believe in that sense, it would be a good outcome whenever you decide to want to trade. It is only someone who does not have a strategy that will have a problem in any market they are trading.