Akbor
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Everything posted by Akbor
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I never read any books for crypto trading. mainly have learnt about trading by doing trading. first time I did wrong but now I think can predict the market condition.
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How important do you think it is to choose coins for trading?
Akbor replied to sdsonjoy50's topic in Trading
Selection of coin is very much important in crypto trading. a good coin may give you good profit. I wish btc is the most profitable coin in the market now. -
In the crypto market the price may go high any time also it may go low any time. it depends on the market condition. no there is no estimate in the market I think.
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As the site is asking for deposit on their exchange so it think this is not good site for invest. generally some sites who ask for any asset to deposit may be they are trying to scam you.i wish you will use yobit platform for trading.
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Very good to see you that all the time you have made good profit from btc. I have seen that you bought at low price and sell it at high price. I prefer to do option trading in bitoffer.
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Which app do you use to get update on your crypto asset?
Akbor replied to Consignee's topic in Mobile Apps
blockfolio app is very much important I think. I also use this app to know the market condition. it gives notification when price low and also give notification when price high. -
cryptocurrency Which coin or token buy and hold Right now?
Akbor replied to T.H Nayeem's topic in Trading
I think if you want more profit then you can btc right now because the price is low now . this is good time for investing in btc. 2020 will be the golden year for btc when you can sell it at high price. -
I don't think if any expert can make 1000 per day but I think this is not possible to make 1000 per day. for any kinf of trading all should be expert on it. so I think 100 usd is possible per day.
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Now the market is low and the price is around 150 usd now but the price will increase very soon. I think 2020 is the golden year por crypto so the price will go to moon then.
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Yes all traders should maintain some discipline before doing trading. mainly the traders buy at low price. so when the price go very low then he should be patient and should wait to increase the price.
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The price was low few days ago but now the market started increasing. I think the market will not go down anymore. in crypto market price up down will happen every time. so it is normal to all.
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Mainly if luck favors then any one can make huge profit but any one can avoid loss if he has enough patience. if anyone become worry when the price low and sell his coin then this is not his bad luck. he should wait for increasing the price.
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What coins do you guys trade against? at Yobit.net specificallyy
Akbor replied to teminalibug's topic in Trading
Mainly I choose a coin for trading by seeing the volume of that coin. in yobit exchange I do trading ltc against btc. here the profit is low but I like it to buy and sell ltc. -
While choosing an platform then you need to know the features and the trading fee also the withdrawal fee. I prefer you to use yobit platform for better performance.
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Yes this is the main strategy for trading. you need to buy at low price and you have to sell it after the price increase. the investor should be patient when trading to increase the price and to avoid loss.
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Both are good. those who don't have any asset for investing they can do mining. those who have enough asset to invest then he could invest it to make profit. I think trading is better for making huge profit.
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Yes this experience is not good to me. I have faced this situation. one day I have sold my coin when the price increase slightly but the price increased 300% after I sell my coin.
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I don't think ltc trading has any risk if you can do it expertly. if the price go down then you need to wait for increasing the price. ltc is a very good coin as the trading fee is low .
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I have made loss many times when trading. but my loss was only 20 usd. I lost it because first time I wasn't patience in trading. after losing asset I am very much aware now about trading.
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In trading patience is very much needed. because when anyone buy a coin and the price go down then the investor should wait patiently. if he sell all his coin becoming worry about the price then he will lose asset.
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I didn't do margin trading anytime. I have heard about that margin trading is very much risky and you may loss your asset . so I prefer you to do margin trading after becoming expert of it.
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Patience is the main key in crypto trading. to make profit and to avoid loss all should be patient when trading. in the crypto market price may go down any time but we need to wait patiently to increase the price.
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Mainly in crypto market thje price will go high or down any time. so anyone can avoid loss if he become patient when price going down. becoming patient is the confidence in trading.
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I don't think there is any wrong buying. it may happen that the price may down than the buying price but this is a normal matter and need to wait for increasing the price.
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You can start with 100 usd . this amount is less but if you don't have much then you can start with this amount. if you can be expert in trading you can make profit from it.
