Recently, Bitcoin just crossed 3000$ and even most of alternative cryptocurrencies also crossed their higher limit till now. Here, I shared detail to get maximum profit from trading of various cryptocurrencies like bitcoin, siacoin, steemit and all other.
Keep In mind Before trading:
- First, Analyse All About cryptocurrency which you want to trade. Read Current news about that. If you find news about any
big companies involved in that currency, then definitely trade it. Because Currency price soon increase. - Second thing, Trade cryptocurrency only for short time. Buy it when it is at a low price and sell it at a high price.
- choose such cryptocurrency to trade whose price is less than 0.5$. Because such coin gives you high profit in less $$
investment. Suppose, You bought 100$ worth digibyte at 0.025$ and after 2-3 day you sold when its price increased to 0.05$.
This way you got a profit of 100$. Means your money doubled. In case, You bought 100$ worth bitcoin at price of 2000$. And
You sold at 2500$, you will make an only 75$ profit. - Check recent market condition of cryptocurrency which you want to trade before trading. Use trading platform like
poloniex, bittrex to check market condition. - And, the Last thing to remember is to keep patience and look at the market situation after some time in the day.
Friends, if you have any query regarding trading, let me tell. I will try to help you as possible as. Thank you for reading my post.