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How important do you think it is to choose coins for trading?

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On 1/21/2020 at 1:22 AM, Cryptokiller said:

Choosing coins for trading is the most important thing for trading because the coin will make your profit or loss.

The choice of coin is very important. Because your profits and losses depend on your choice. Those coins will last a long time and the dash is doing very well right now so you might want to look for it. Investing because bitcoin is so volatile can make a lot of profit from bitcoin, so I believe bitcoin is a good currency to trade or invest.

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On 12/18/2019 at 5:15 PM, dinabolt said:

Choose the right coin depend your analyze is the first step, fail in this step next will be no profit. The parameter is depend volume, price and history movement. Ignore public opinion when analyze market just trust in you and pray for your winning option.

The price depends on different news for different currencies and it will also affect your trading results. Must be more careful in seeing the market if he wants to make a big profit. very hostile and can touch the floor. Once you know your own strategy, you will make the best money with a narrow focus on the right products to move.

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We have to choose best performing crypto coins . Then only we have earned some good amounts from trading . We select best projects crypto coins for trading . Perfect strategy with perfect coins makes trading profitable.

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Surely this matter is important for the success of your trading process because there are many cryptocurrencies that differ in their value and in the extent of profit and benefit from them and this depends on the amount of exchange that occurs to the currency and the amount of demand for it so you must choose good currencies through which you can achieve a good profit and move away from currencyless the value

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You are not quite clear on your point but i think you must be talking about crypto selection. Selecting the right cryptocurrency to hold is obviously important as it is the actual action that determines the loss or gain in trading. You do need adequate research before selecting a coin.


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You will not need a more effort allowance to search for the currency that matches your dues and needs, that is, your effort to invest on it. There are specialized sites in this field, you only need to choose the currency and purely in the data and the latest news when you find a suitable currency to ensure that the price is not higher than usual.


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Choosing the cryptocurrencies that we will trade is one of the main and important steps to reach a successful trade because we cannot choose losing currencies and have no future and expect that we will achieve huge profits


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Yes there is so much on the line in terms of chosing your portfolio currencies that you will invest with and eventually trade them for profit.

 

Learn which ones are most valuable in terms of being active on the market, how much volume for trading there is, does it have big potential and which kind of exchanges support it.


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On 4/19/2020 at 12:03 PM, ethan1751 said:

That's very important, just like choosing a partner in your life or like choosing an exchange. Of course we want the good things in trading and if we choose the things that are bad or wrong, then we will get a loss.

😁 That is right my dear, it is so important to choose coins for trading. If you don't take attention to any coin for trading, as you mentioned that means you will lose your money.  We must try deciding the best coin for trading. 

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Before choosing a currency within the trading field we must study it well and monitor all its movements in addition to that we must also compare it with other currencies and for me I see that the best currencies are bitcoin and etherium

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On 11/25/2019 at 10:30 PM, sdsonjoy50 said:

I would like to know that there are many crypto currencies in the world if any of these crypto currencies can be done with one of the currencies, can one be successful or select coins play an important role?

In my opinion, choosing a coin in trading is very important, because coins will greatly affect our trade, if someone chooses the wrong coin then the trade will fail and there will be a loss, for that it is very important to choose the right coin.

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Trading is very good source of income if one has good experience and knowledge about the field especially when choosing coins to trade but believe me the easiest way you can loss in trading is when you choose the wrong coins before you know you will loss almost all you have because the coins have no volume, so always make sure you go for coins that have potential in the Cryptocurrency marketplace so that you will earn some profit in the future.

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On 11/25/2019 at 11:30 PM, sdsonjoy50 said:

I would like to know that there are many crypto currencies in the world if any of these crypto currencies can be done with one of the currencies, can one be successful or select coins play an important role?

Choosing of coin before the actual trading is vital to the result of your trade. If you choose coins that you are very much familiar, the more probability that you will earn profit. On the otherhand, if you just picked a random coin, it will be hard since you do not know much about it. Stong coins like bitcoin are much safe, on the otherside, "shitcoins" are dangerous. But it will be good if you have a plan. 


 

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Becoming successful in trading requires a lot of qualities but believe me if you don't choose good popular coins to trade you will surely loss because when you don't choose good coins the price will not rise that you can be able to achieve profit when you come to trade it in the market, so always make sure you choose good coins because that is what will determine you being a profit earner or loser.


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