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BullRunBit

ETH Market Trading

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Do any of you sometimes trade on ETH market?

Was it profitable for you?

 

I saw that there are many exchanges which have just ETH market and stablecoins market for trading and I got interested and start to research about this.

Interesting fact is that ETH market is not like BTC or USD market (movemants) and can be profitable if you know how/when to invest.

Plus, there are some many tokens which are based on ETH network (ERC20 tokens) which (if you choose right) can give you good profit.

 

I ask questions above, and one more thing did you invest with ETH like base currency?

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On 5/4/2020 at 2:38 PM, BullRunBit said:

Do any of you sometimes trade on ETH market?

Was it profitable for you?

 

I saw that there are many exchanges which have just ETH market and stablecoins market for trading and I got interested and start to research about this.

Interesting fact is that ETH market is not like BTC or USD market (movemants) and can be profitable if you know how/when to invest.

Plus, there are some many tokens which are based on ETH network (ERC20 tokens) which (if you choose right) can give you good profit.

 

I ask questions above, and one more thing did you invest with ETH like base currency?

You words are not fully correct. Trading bitcoin is good also and also very profitable, since two days ago now, bitcoin is more profitable that ether in day trading and scalping. If you know about reading very well, you will later realize that trading favors one coin that the other and this can change. 

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First to make clean, I'm talking about ETH market not ETH price on any market BTC or USD.

Edit: Example:

ETH/LTC

ETH/DOGE

ETH/DASH

ETH/ETC

ETH/DGB

33 minutes ago, BitcryptoHan said:

You words are not fully correct. Trading bitcoin is good also and also very profitable, since two days ago now, bitcoin is more profitable that ether in day trading and scalping. If you know about reading very well, you will later realize that trading favors one coin that the other and this can change. 

I didn't say that BTC market is not profitable, and I did not mentioned that but of course that if you make profit on ETH market and get more ETH I think that is logic to sell on BTC market if price is good.

Like I say I did not mentioned that because I was thing that is logic.

I understand you but what if for example you trade ETH/BTC and you can make more ETH that is bigger profit right?

Edited by BullRunBit
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11 minutes ago, Amrhamza1999 said:

I bought Ethereum in July 2019. Ethereum price was 320 dollar. And after one month it's price dumped to 230 usd. I didn't sell my Ethereum coins. And in autumn 2019 ETH price went down to 120 usd. Can you tell me how ETH trading can be profitable?

 :classic_biggrin: This is answer on your question.

Simple you could to invest periodically not to invest all your budget in July 2019.

For example you will catch that price 120 USD and now maybe you will be on breakeven or maybe you will have profit. I always recommend to have some part of budget if price go down to buy more.

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I trade with this famous cryptocurrency, but the problem now is my fear started because its price does not match at all with the price of bitcoin since I was at first making good profits from Ethereum but now the price of bitcoin is above the $ 9075 and so far the price of Ethereum is $ 208. What do you think about this my friend

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4 hours ago, Amrhamza1999 said:

I bought Ethereum in July 2019. Ethereum price was 320 dollar. And after one month it's price dumped to 230 usd. I didn't sell my Ethereum coins. And in autumn 2019 ETH price went down to 120 usd. Can you tell me how ETH trading can be profitable?

Well friend I think you buy ETH in peak stage because you buy the prices of 320$ dollars its little bit high prices to invest, but unfortunately now ETH is low prices, but still some hopes wait some more time when bitcoin halving complete then later bitcoin prices increase, and I think ETH prices also increase, hope your investment must be return and you earn good profit also


 

   

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20 hours ago, magd said:

I trade with this famous cryptocurrency, but the problem now is my fear started because its price does not match at all with the price of bitcoin since I was at first making good profits from Ethereum but now the price of bitcoin is above the $ 9075 and so far the price of Ethereum is $ 208. What do you think about this my friend

I dont understand your question?

But I talking about ETH market not ETH price, for example ETH/HEX is up before few days price was 0.00002500 ETH and now is 0.00002800 ETH that's what I'm talking about.

https://yobit.net/en/trade/HEX/ETH

 

Make a difference between ETH trading and ETH market what we are talking about.

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On 5/4/2020 at 2:38 PM, BullRunBit said:

Do any of you sometimes trade on ETH market?

Was it profitable for you?

The eth market is a good market because it is a good coin it gives you lot of profit. If the market is going well I mean if the price is not stable it gives you chance to make profit. 

 

Market eth is very profitable at all time like BTC  just the problem is the withdrawal fee and you can exchange it with any other coin to withdraw it.

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Maximum exchange using Bitcoin, usdt, and ethereum markets for trading. I guess it is very profitable market that's why exchange using ethereum and peoples also love to trade in ethereum because ethereum price is very spendable.

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Yes I have invested many times with ETH as a base currency and my most successful and profitable trade was also with ETH coin. You are right you can make very good profit by doing ETH trading as it only requires to take the right decision at the right time. 

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Yes i trade many ETH trading pairs on yobit exchange which is good to earn profit. Yes ypu are right the lrice of ETH didn't flactuate as other currencies like bitcoin price fluctuate. 

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Trading etherum can also be profitable in a long-term since it's price is not volatile as bitcoin though a lot of traders likes to trade or invest in bitcoin alone and I think it's time to explore other markets or coins as well.

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As for me, I like to trade ether with tether or dollar on yobit exchange, it makes the trade more easily predictable for me using coinmarketcap and yobit candle stick chart for analyzes. 

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Well ETH is another most stable coin on the market and given the fact that has a high 24 hour trading volume thus making it active coin it's worth using it as investment option and trading with it.

 

Nevertheless ETH has their unique pairs vs BTC and other currencies ofc.

You should focus on trading with Ethereum in case you are willing to trade to those pairs or just to make some profit from others investments.

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Ethereum currency is a good currency among the digital currencies and I am really trading and investing in this currency and I think that this currency will have a good future because it has become popular and its price is good compared to the rest of the currencies

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3 hours ago, DreamStage said:

Nevertheless ETH has their unique pairs vs BTC and other currencies ofc.

You should focus on trading with Ethereum in case you are willing to trade to those pairs or just to make some profit from others investments.

Yes if you think on ERC-20 tokens, there are a lot of tokens which you can no trade at BTC market and like you say if you want to trade you must to do that on ETH market.

3 hours ago, Zaino34 said:

Ethereum currency is a good currency among the digital currencies and I am really trading and investing in this currency and I think that this currency will have a good future because it has become popular and its price is good compared to the rest of the currencies

I'm talking to trade on ETH market like you trade on BTC, main cryptocurrency ETH and trading with other cryptocurrency on ETH market.

It's same like you trade with BTC on BTC market, you invest in BTC but trade to make more BTC.


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1 hour ago, hasanS33 said:

Frankly, I have not tried it yet, but it is possible that I do this because it differs from trading on bitcoin except in the value of volatility in prices, since ethereum is more stable than bitcoin, it is safer, but it is possible that it is less profitable than it

I can not agree that is more stable than Bitcoin, because follow each other (with price).

Less profitable maybe, because ETH market dont have large daily volume and because of that maybe you can "stuck" with investment but that depend too which coin you buy on ETH market for example DOGE or LTC you can sell it on BTC market too if price is not good on ETH market (but I did not see that).

In any case it's good to trade strong altcoins, and on both market if you can.

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We have different choices for making trading because each exchanges has much trading market such as bitcoin, eth and usdt market pairs so we can trade according to our own choices such as btc pair or eth or usdt I mostly used to btc and usdt pairs trading. 

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In my view, I think that the market for ETH greatly respects classical analysis and I think it is a suitable place to trade in. I love to trade in it and I think this cryptocurrency has a promising future.

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19 hours ago, Mrrixkhan said:

i like ethereum trading because i am an airdroper and mostly the exchanges are trading with tokens and obligue ethereum.Thanks

That is correct, there are a lot of airdrops which are based on ETH network and you sell it on ETH market.

17 hours ago, koussai999 said:

In my view, I think that the market for ETH greatly respects classical analysis and I think it is a suitable place to trade in. I love to trade in it and I think this cryptocurrency has a promising future.

Yes, but it's different from BTC market and it's good if you can to use both, can be more profitable.

Or like I say (above) you collect tokens from airdrop and you sell for ETH, but you can hold that ETH and trade with some other altcoin like DOGE or LTC or XRP etc. And maybe more ETH, and when price is good you sell your ETH for BTC.


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Yes friend, i also trade with ethereum and its very profitable. You just need to target the right time so that you can trade with it and earn profit. Just be active to watch prices in the market and trade with a good pair for eth, you will earn good profit.


Time is the ultimate weapon!

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I can't say anything about tokens. And he was trading Ethereum. I bought it at $ 110 and sold it at $ 214, But it's not a traiding. Most likely a long-term investment.

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The best eth market is yobit.net.here you can earn money easly and you can invest your money and earn eth.the bes eth site in my life.its a trusted currency trading site. I love this site

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47 minutes ago, Rakib115586 said:

The best eth market is yobit.net.here you can earn money easly and you can invest your money and earn eth.the bes eth site in my life.its a trusted currency trading site. I love this site

Yobit is a good exchange to invest on other, but it has to be done correctly because if the investment is during wrong time when they ether price has already risen, it can lead to loss. 

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I think that trading on any pair is very difficult and unpredictable, but Eth/xxx pairs were always especially hard for me, so I prefer to trade on Bitcoin pairs and sometimes I try to trade with litecoin 

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