Why trade coin? Which coins should you trade? ? How much capital should we trade? Trends and stages of the market

in #bitcoin6 years ago (edited)

Why trade coin?
At the present time, and at least in the near future, between one and two years, Trade Coin can be considered as a lucrative business as well as a huge profit grows rapidly. Many trade people in the past few months have been x2. One day there are even coin up 20% -30% or up to 50% in a day or a week, profit is quite significant.

.How much capital should we trade?
There are no fixed numbers for each person here because each person's circumstances and conditions are different, but you should consider my suggestions below:
The first is trade there are many risks, the risk from the floor.
Second is the risk of price volatility. It can make you speechless or make you rude and something can happen at any time. So trade with the right amount despite the worst risks, you are fine.
The third is that you should not borrow hot or do the same thing to trade

Which coins should you trade?

We can trade anything we can bring. I will trade divided into 4 types:
1: BTC, BTC itself with BTC / USD pairs can be considered as a part.
2: Top coin group is Blue-chip stocks on the floor. These are good stabilizers, high safety and long life and can dig. However, it will increase relatively slowly over time. This group includes LTC, ETC, XMR, Zec, Dash, and BCH.
This is the Top1 coin.
3.Some of the top names in this group include: XRP, NEM, STR, BTS, LSK, STRAT, FCT, GNT, Maid, REP, DGB, SC Recently added: IOT, EOS, OMG, PAY, NEO, QTUM , MCO and HSR. This is the Top2 currency group, sorted by market capitalization to know the popularity and importance.
4: Small coin group: Market capitalization of less than $ 100 million, tens of millions of dollars or less with very low and gloomy trading volume, unless volatile. This coin is often called "junk" coins with many people: EMC2, VTC, PPC something. Call it the top 3 because somebody still makes money from it.

For the new trader usually investment performance in two phases:
New phase entering the market, full of doubt or fear they often choose group 1. After seeing the divine growth x3, x5 or less also several dozen% they start impatient and greedy should quickly switch to groups 2 and 3, usually later losses also by these two groups.
Learn the stages of the market. We must know the trends and stages of the market to enter the order:
In the exploration phase: You should choose a good currency when the market shows signs of strong growth, you start thinking about the top 2, top 3.
At the beginning of the bull market, the market is often attracted by the BTC in two scenarios:
• The first is the stable BTC
• Second, BTC increases before stimulating confidence, so buying your BTC at this stage is the least profitable.
At this stage, you need to observe the top1 coins if all the signs are rising: fast rising, fast trading volume. You can start buying these coins. Normally, each time a strong increase will have a currency to signal the market, it increased sharply and decreased quite weak. When the market shows a clear sign of rising, any pennies that are not rising will increase
At the stage when the market is vibrant: After the BTC and coin top are breaking up, plus a few coin top 2 also increased strongly, the confidence of the market at this time will be very high. At this time you can buy coin group 2, preferably coin which is as famous as possible. At the end of each price increase cycle, you quickly take profit. BTC has risen to the top, top 1, top 2 has risen to the top, next will come to top3. Then you have to know this is the whole market has peaked, you should exit before the BTC and then exit $ to protect Full of profits and assets.

The top2 coins are very fast, and this is also a great opportunity to boost your fortune. At this point, you can also look at a few top 3 coin if you want to adventure but do not put too much faith in it, it may not increase in the uptrend market always.
In the stormy/diminishing phase: During a stormy period when the price has fallen by more than 15% then you need to know your safe option is the BTC or good coin because when holding these coins the discount You have a lot fewer losses than holding the top3 coins.

Root analysis to help you understand the reason for choosing the coins.
In the process of developing a scale of capitalization and trading volatility to attract more investors, the price of BTC always do that task, the attention in BTC always mutated when BTC created a new peak. Before the market crash BTC always in a big uptrend state, ie to reduce the price to the next new peak.

With coins top1 to grow in size as well as always need this group, as investors need to lift the market's upwardness and want to sell the huge amount of tens of billions of dollars, the BTC alone is not enough. And the top3 small coins with a capitalization of several million to several dozen million, the volatile few dozens to several hundred BTC does not solve the problem. So the coins top1 will be pulled with the BTC in the long uptrend.

So you understand the whole nature and task of each coin group. In analysis there is said that coin play is also profitable. Why only play BTC and group 1? First of all, you have to accept the fact that most of us here have a low level, so we need a safe path that has a backward path.

BTC or USD is important?
When the market rises, your BTC increases when you hold the altcoin it will increase drastically, with the increase in BTC, you will be profitable, your profit margin will be huge. Conversely, if the BTC drops to the downside, your USD will drop once. But you pay attention to the financial trap that can kill you, triangular traps BTC - Altcoin - USD it will draw your BTC down so many now you will have the double hole.
The most important thing to remember is MONEY. The amount of time you need to optimize it is the most important thing. EXAMPLE: You have 3 BTCs for the current 1 BTC at $ 5000, because you think the BTC is the only one so you keep the BTC, and I will transfer 3 BTCs to $ 15,000. When BTC drops to $ 3000 you still have 3 BTCs but my BTC number is now double that of you.
You do not have to keep the BTC and take care of the USD. If you are an investor, you have to make a profit from Altcoin for Bitcoin, keep BTC if BTC continues to increase from Altcoin or BTC to USD if the market is saturated and reinvested, using USD for BTC or Altcoin. Go back to BTC if you have the opportunity to profit more.
Mua coin top 1 bừng BTC có được không?. Bạn chỉ cần so sánh cái giá của coin đó với USD tại lúc bạn mua để kết luận lãi hay lỗ. Tức những đồng coin có tỷ giá theo USD bạn không cần suy nghĩ về tỷ giá BTC nó nữa

SUMMARY: Investing, profit and reinvestment is an effective process for a trader. Nature: buy something that is going to increase reinvestment, invest. Sell what is going down

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.032
BTC 65821.61
ETH 3008.95
USDT 1.00
SBD 3.74