Hendy1
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Everything posted by Hendy1
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The history of bitcoin movements before the beginning of the year points to a bitcoin trend chart to date and some bitcoin corrections indicate that market movements are doing well. For now the highest resistance of bitcoin is $ 10300 and will rise even higher and reach a half bitcoin reduction. -
At least I did some research beforehand or waited for individual whales to pump up some altcoins like XRP and LTC. This is the best way to not influence with uncertain trading conditions or no movement. When the pope trades in large numbers, take advantage of this moment to open a position.
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To do smart trading is when they manage their finances well by opening the right position and getting out of a profitable position by moving away from greed in bitcoin or altcoin trading they will become smart traders.
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I am sure bitcoin trading and bitcoin mining all have different risks. And all about the costs of getting profits and losses. So I thought I would trade to get a daily profit.
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Things to be careful about when trading cryptocurrencies
Hendy1 replied to chirinemannai's topic in Trading
Bitcoin and altcoin trading is about market sentiment or fluctuating market psychology. And it is normal for some people to take profits and losses in volatile trade. This means that bitcoin psychology is controlled by all bitcoin investors. So the thing to note is to make plans such as a stop-loss indicator. -
I am not good at scalping strategies by doing in low time frames to get prices many times a day in high volatility. I am more suited in daily trading and swing traders by adjusting market conditions in the short term.
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What coins do you guys trade against? at Yobit.net specificallyy
Hendy1 replied to teminalibug's topic in Trading
So my bitcoin trading partner with ethereum and litecoin on both sides plays a very important role in bitcoin trading. When bitcoin experiences a trend some altcoins will play a role in bitcoin trading. This is a simple example. But some pairs like ethereum are more likely to go into altcoin pairs like / ETH. -
I am not both. When I experienced defeat and victory in bitcoin or altcoin trading so I learned both sides. How do I not make mistakes again and make a victory again. This is my plan to continue to do repeatedly.
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I think trading software has a higher risk compared to trading in general. At least you are ready with your finances to be controlled in trading bots. I don't use bots because bots are not good at managing finances, but bots are smart at managing your trades.
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If I personally, when bitcoin is corrected in the lowest level. Example of the lowest price level of $ 10000 and then $ 9800 so when bitcoin is corrected I decided to use a stop-loss of 10% of my bitcoin at $ 10000 and $ 9800. When bitcoin does not reach the order I specify it means bitcoin will rise again or vice versa if the price reaches the order. You get more coins at the correction price.
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An important point in trading is to make sure you have a plan before trading or after trading. First choose a trading strategy that is suitable for you, such as long-term or short-term trading. Learn technical analysis to help you to make decisions in bitcoin and altcoin trading.
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Market analysis (technical and fundamental analysis)
Hendy1 replied to Sulexbaron's topic in Trading
Many indicators in trading strategies. But one that is easy and often used in bitcoin and altcoin trading is technical analysis and fundamental analysis to help analyze the movement of charts and information in trading. -
I got the lowest price of $ 8,700 and currently the resistance level of the highest bitcoin reached $ 10300 and had corrections at some of the lowest levels of $ 9800. I thought I would go at $ 9700 and it didn't reach the price in my order. So keep using the stop-loss analysis indicator to anticipate prices will fall further.
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Quite difficult to find potential coins. But you can take simple steps like I did by choosing the top 10 trading and the best volatility in coinmarketcap history. Lots of potential coins but you have to do the analysis first.
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Have you ever tried this method to cut losses in trading?
Hendy1 replied to Brushless4500KV's topic in Trading
When I get a loss in bitcoin trading and the individual whale is pumping altcoin trading like Litecoin so I will convert into Litecoin trading. So the profit in litecoin trading can cover losses in bitcoin. I think they need to think quickly and to get the best moment. -
That can happen. I see the lowest level and resistance level when the price breaks the support level the price will go down and when the price breaks the resistance the price will go up. Volatility of supply and demand activity will affect the chart towards both sides of the bullish or bearish chart.
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Yes, but you have to find a profitable project in the future in the lowest coins. The best and safest choice is to invest in the top 10 in the best coin trading according to coinmarketcap. I think this is a safe way to invest in the long run.
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Yes they must have a plan before trading or after doing. There are different levels of difficulty in bitcoin and altcoin trading. Important points in trade are technical indicators and fundamental analysis. When the pope opens position or out of position means changing the direction of the chart on both sides of the chart is bearish and bullish that's when you decide to where you are going.
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I will enter into trading again and change the trading strategy to scalping strategy, which is to take small profits in a low timeframe with the aim of getting quick profits. Therefore, a Scalper can open and close trading positions between 10 to hundreds of times a day.
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The highest resistance level for February is $ 10300 and the lowest support level for this month is $ 9600 meaning that bitcoin is still playing at resistance and support levels. According to my analysis when demand rises prices will rise and when supply rises prices will fall and high volatility will affect the bitcoin chart to enter the bullish market or vice versa.
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For now I will save altcoin like XRP, LTC, Dash after bitcoin is more stable and the change of seasons for altcoin will start moving. Bitcoin has a role in altcoin trading but also has its own phase for altcoin.
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Nobody knows whether it will pump up bitcoin. But when you see the pope entering into large asset trading, maybe it's time to open a position. There are both sides when bitcoin volatility goes up, meaning that (demand) in large numbers enters in bitcoin trading and if bitcoin volatility goes down it means (supply) in large numbers has come out in bitcoin trading.
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Yes at least I put a stop-loss indicator signal in my trade to anticipate prices will fall further. I use stop-lose at a 10% loss so when an order reaches the price that I ordered will automatically come out in altcoin or bitcoin trading.
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Bitcoin and altcoin prices such as dogecoin are affected by supply and demand in high volatility. So you can calculate it if the price of a dogecoin is $ 1/30 satoshi X 1 bitcoin so the price of bitcoin at that time reaches $ 200000. So it was difficult to happen. Because bitcoin supplies only 21 million coins have limited supply.
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I don't know when it will happen. But if a large whale of individuals sells all of their assets in large numbers, you will see bitcoin fall and enter the bearish market. That's when we get a low price and add more coins. Correction and Damp are two different sides if correction means going down to add more supply. damp is pushing bitcoin to fall down. This is one of the whales' roles when they sell large amounts of assets.
