Are you a Bitcoin trader? - page 2. | Bitcointalksearch.org

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: The_FluffyBunny on January 18, 2015, 10:54:30 AM

Where and how did you start trading?
How did it go at first and what has been your learning curve?
Got tips for new traders?

i started trading (more like playing) with tiny amounts just to test and learn and after i got enough confidence and knowledge increased the investment
my start was not that good lost but learned a lot
as everyone says but low sell high Cheesy

but 1 suggestion don't act emotionally

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Quote from: findftp on January 19, 2015, 04:38:41 AM

Quote from: VERUMinNUMERIS on January 19, 2015, 03:02:00 AM

This is all wall street manipulation so impossible to predict day to day. Be careful trading on margin. It's a trap. Especially the Chinese 20x lure.

With all respect, but people who do not understand the game usually say it's rigged or manipulated.
When people win, they say it's because they are smart and the rest is stupid.

I was able to manipulate the PPCoin market early on with as little as $1000. I see no reason why someone with a few million dollars is not doing the same with the Bitcoin price.

That is why I do not trade, I just use Bitcoin as it is intended, as a currency and store of value.

dyalldough

newbie

Activity: 44

Merit: 0

Always trade in small amounts! Never trade more than you are willing to lose!

The_FluffyBunny

member

Activity: 97

Merit: 10

Bump, more tips please! Grin

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

who can pump and dump its people who have technique to manipulate market and have big capital .

miaoux

member

Activity: 75

Merit: 10

When I first started trading, I learned a lot of technical stuff from listening to / participating in bitcoin trading forums and watching youtube videos.
While he's no longer trading, listening to / watching bonavest's vids are an excellent place to start.

Learning the market / trading will always cost you. That's the beginner fee Wink

Nrcewker

copper member

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Need Marketing Manager? t.me/NrcewkerBTC

there is no new tips.

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: VERUMinNUMERIS on January 19, 2015, 03:02:00 AM

This is all wall street manipulation so impossible to predict day to day. Be careful trading on margin. It's a trap. Especially the Chinese 20x lure.

With all respect, but people who do not understand the game usually say it's rigged or manipulated.
When people win, they say it's because they are smart and the rest is stupid.

VERUMinNUMERIS

sr. member

Activity: 409

Merit: 252

This is all wall street manipulation so impossible to predict day to day. Be careful trading on margin. It's a trap. Especially the Chinese 20x lure.

Hazir

legendary

Activity: 1596

Merit: 1005

★Nitrogensports.eu★

Quote from: ruggedman_dan on January 18, 2015, 10:41:05 PM

Quote from: Elwar on January 18, 2015, 12:27:47 PM

Don't trade. Convert.

I lost about half of my initial 800 bitcoins when I first started by doing daytrading.

There is a saying when it comes to poker. If you sit down at the table and you do not see the fish, you're the fish.

Do you see the fish to take advantage of when trading?

+1 on this. Damn good use of that quote. Was that a Doyle Brunson quote?

Did you see that fish when bitcoin collapsed week ago? Because some things are really hard to foresee. Even if you are an expert.

ruggedman_dan

legendary

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We on P. Sherman 42 Wallaby Way, Sydney

Quote from: Elwar on January 18, 2015, 12:27:47 PM

Don't trade. Convert.

I lost about half of my initial 800 bitcoins when I first started by doing daytrading.

There is a saying when it comes to poker. If you sit down at the table and you do not see the fish, you're the fish.

Do you see the fish to take advantage of when trading?

+1 on this. Damn good use of that quote. Was that a Doyle Brunson quote?

98problems

sr. member

Activity: 364

Merit: 250

Quote from: bakedrice on January 18, 2015, 12:12:44 PM

it's not about winning, it's all about not losing.

This strategy will not work if you are using any kind of leverage. If you use leverage then you will need to pay interest on the amount borrowed be it either fiat for a long position or bitcoin for a short one. If you simply "don't lose" then you will be loosing money

Elwar

legendary

Activity: 3598

Merit: 2386

Viva Ut Vivas

Don't trade. Convert.

I lost about half of my initial 800 bitcoins when I first started by doing daytrading.

There is a saying when it comes to poker. If you sit down at the table and you do not see the fish, you're the fish.

Do you see the fish to take advantage of when trading?

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: bakedrice on January 18, 2015, 12:12:44 PM

it's not about winning, it's all about not losing.

That's called hodl (not losing).
If you want to win (increase coin count) you have to get them coins moving.

caga

full member

Activity: 238

Merit: 100

www.secondstrade.com - 190% return Binary option

Quote from: Meuh6879 on January 18, 2015, 11:28:13 AM

other hint with bitcoin : stay long ... see month instead of day.

Well the past fw days have been volatile for btc price, so day trading is also profitable.

bakedrice

sr. member

Activity: 338

Merit: 250

it's not about winning, it's all about not losing.

Madness

hero member

Activity: 644

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My goal is becaming a billionaire.

Quote from: The_FluffyBunny on January 18, 2015, 11:26:56 AM

Thanks for the reactions!

I agree that riskmanagement is an important aspect of trading.
Although this is easier said then done, as in the case when you are doing a big trade.

Set a strategy before executing a trade.
I'd say this includes the goal but also the price where you need to step out when things go downwards.

Yeah it may be a little bit hard or even a lot ... to keep losses very low but that's how it works . First of all a trader shouldn't get Gambling addiction otherwise he is screwed . that's why they should play it smart, wait for a good moment to buy check charts etc ... even if it's hard to predict bitcoin price .. once you buy just hold it and be patient

findftp

legendary

Activity: 1022

Merit: 1008

Delusional crypto obsessionist

Quote from: The_FluffyBunny on January 18, 2015, 10:54:30 AM

Around a week ago I started with experimenting on bitcoin trading.
First few days most of my analysis were correct but recently I made a couple bad trades that have vaporised my profits.
Admittedly I have to say that making a good trade really makes you feel pumped up.

I wonder how other traders started off when they first got into Bitcoin trading.

Where and how did you start trading?
How did it go at first and what has been your learning curve?
Got tips for new traders?

History doesn't repeat but rhyme instead.
Look back and don't panic.

Oh, and try to trade like a machine, get rid of fear and other emotions.

Meuh6879

legendary

Activity: 1512

Merit: 1012

other hint with bitcoin : stay long ... see month instead of day.

The_FluffyBunny

member

Activity: 97

Merit: 10

Thanks for the reactions!

I agree that riskmanagement is an important aspect of trading.
Although this is easier said then done, as in the case when you are doing a big trade.

Set a strategy before executing a trade.
I'd say this includes the goal but also the price where you need to step out when things go downwards.

Topic: Are you a Bitcoin trader? - page 2. (Read 3505 times)