Post
Topic
Board Trading Discussion
Re: Suggestion for trading platform
by
Slow death
on 14/12/2019, 18:56:09 UTC
I am an alt coin trader.for some days i have been suffering from only loss.i am having a huge loss by trading in  Mercatox and Bibox.now i have balance only 0.010 btc Please suggest me in which exchange i can trade on to recover my loss..please give me suggestion..
Even you switch in another trading platform still you can't easily earn all your losses. The market is still not in good condition and bitcoin has still suffered in decreasing price. Why not try to analyze the market before you do your investment because it can help you to avoid some losses. In terms of the trading platform, I highly recommend the Binance exchange which is also a reputable trading platform. I also suggest just do your investment in good coins just like bitcoin, ethereum, and binance coin.
Changing and jumping of platforms to recover the losses? are these people out of their mind? What they have lost on trading does not mean that the platform they are using has some kind of bad luck or whatnot. Trading specifically is based on what is your trading lifestyle, strategy and techniques. But the fact that exchanges has different degree of reputations, that count as a bearing in choosing what platform would the trader use to maximize the potential profit. Undoubtedly most of people here would suggest Binance since it is the fastest growing exchange in the present, but if I would suggest what platform to use is the Bitmex.

I have never used Mercatox and Bibox, but from what I saw when researching Mercatox, I realized that they also have Stop - Loss. So I think the problem of OP is losing money is because it probably shouldn't know technical analysis and is trading with altcoins which is more complicated in my opinion

Why not try to analyze the market before you do your investment because it can help you to avoid some losses.

I believe the main problem of the OP is because it does not know how to do market analysis