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Best Coin to Trade

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  • Best Coin to Trade

    What is the best coin to trade long term? And which is best for short term?

  • #2
    Also, what's the best one for beginners or first timers looking to get their feet wet?

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    • #3
      It really depends on how much you have to invest. For long term I would advise to do some research on the different technology behind the coins and invest in the ones that are doing big things in the future. Of course Bitcoin and Ethereum are aboout the safest bets but you can also look into: Ripple, Antshares (now NEO), Steem, and Stratis are all good options. For short term you really have to follow the market as it is very volatile. Try the software Coinigy and look for highs and lows in the patterns. Buy low, Sell high...that's the short term plan.
      Looking for professional Bitcoin and cryptocurrency trading tools? Coinigy lets you trade on every Bitcoin exchange through one account. Bitcoin price, Bitcoin charts, Bitcoin trading and more!

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      • #4
        Originally posted by Kelly View Post
        Buy low, Sell high...that's the short term plan.
        and the long term plan?

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        • #5
          For Long term the plan would be to research the technology behind the coins and invest in the ones you really believe in. Some of these coins wont start paying off until 1 year + so you have to be willing to ride the waves until it hits its stride.

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          • #6
            So when do you know it's time to jump off the wave so to speak?

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