/biz/ - Business & Finance

File: 62 KB, 328x319, IMG_0449.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Tue Aug 29 05:16:09 2017 No.3250643 [Reply] [Original]

Hi, I'm new to cryptocurrency trading. Would you guys mind giving me some guidelines to making good trades. Try not to give recommendation on what to trade but rather how I can do my own research and decide on what to buy and then sell.

Don't bully please. Thanks.

Anonymous Tue Aug 29 05:22:25 2017 No.3250683

coinmarketcap.com - check the marketcap, the larger it is the less likely to moon.
Learn to read charts, MACD is common and useful.
Pay attention to volume, having 100 BTC worth of a coin with 2 BTC daily volume isn't going to be much use.
Keep your trades small (5-10% of your portfolio) until you are getting consistent returns.
Never FOMO buy, this is how Wojaks are born.

>>	Anonymous Tue Aug 29 06:19:15 2017 No.3251064 >>3250643 Never buy a moon. This market is the most predictable of all if it comes to dips. After every moon, there comes a dip to 50/75% ath value. You lose more money buying close ath than waiting for the dip and losing some quick profit.

Anonymous Tue Aug 29 06:28:33 2017 No.3251134

>>3250643
NEVER buy a coin because you see it mooning. Nothing goes up forever, it will crash when you buy and make you feel very bad.
Also, if you see that a coin has increased in value say 30% in 24-48 hours, be patient and wait it out. It will likely start crashing and sometimes the downtrend goes on for days. Patience is key here in choosing an optimal position to enter the market.

>>	Anonymous Tue Aug 29 06:30:59 2017 No.3251154 File: 66 KB, 236x271, IMG_1127.png [View same] [iqdb] [saucenao] [google] Bump This shit is useful af keep it going

>>	Anonymous Tue Aug 29 06:32:14 2017 No.3251160 What about shorting?

>>	$4CHN:CJmBgiRXBZrMBBsw8tYUzHcE(...) Tue Aug 29 06:32:55 2017 No.3251166 >>3250643 Whale here. Remember the big 3 if you want to get rich quick. Bancor, bitbean, digibyte. You'll thank me later when you're in some other galaxy next month. Screen cap this.

>>	Anonymous Tue Aug 29 06:36:15 2017 No.3251186 Hijacking this thread >>3250683 >>3251064 >>3251134 How to know which cheap coin will moon and is worth buying?

>>	Anonymous Tue Aug 29 06:36:33 2017 No.3251189 File: 29 KB, 1024x576, 1502333867639m.jpg [View same] [iqdb] [saucenao] [google] >>3251166 Hahaha OP, just in case you are dumb enough to believe this guy, he's trolling you. They are the worst 3 performing coins of all time. Nice troll though

Anonymous Tue Aug 29 06:42:32 2017 No.3251237

>>3250643
>>3251186
Also.. if you want to learn about a few excellent LONG TERM holds then look into Aragon and Santiment. Just don't go making threads about it or else it'll be harder for you to accumulate. /biz/ is largely ignorant of these sleeping giants because they would rather try and get rich quick chasing moons posted on /biz/ and getting burned alive. I already have all that I need so IDGAF.

>>	Anonymous Tue Aug 29 07:43:05 2017 No.3251940 >>3251186 Doing research on tech, feels of the reddit and forums around the coin. Check news for big contracts. Or just wait for a hyped coin to dip and buy in late but just in time for a decent 30%

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]