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Topic: Beginner starting trading (Read 4537 times)

newbie
Activity: 44
Merit: 0
November 18, 2016, 02:20:31 PM
#70
for me poloniex
sr. member
Activity: 1050
Merit: 252
November 18, 2016, 12:48:23 PM
#69
Well if you just wanna mess around and see how things work for yourself, your 4.291 mBTC should be enough to get you a taste of what trading is like. You won't be able to trade USD with that amount but you can create an account on Bittrex and experiment with trading altcoins. As for buying Bitcoin, I would suggest you have a look at Circle.com, my personal favorite, it's fast and super easy to use. Have fun!  Smiley
Me, I buy in my local exchange and it's easy also. I believe there's local exchange in our area so there's convenience in our part to buy bitcoin. In my case, I do not really rely on one trading sites alone because it's good to be safe, I like poloniex for high volume coins and yobit as well since they have big volume of coins which is ideal for newbie.

You wish to exchange your bitcoins with the local traders, I agree you are safe and they may more trustful. But you cannot get good value when compare with the online traders like localbitcoins.com Better switch to online trading sites like yobit or poloenix or anything

lmao . poloniex, cryptopia, c-cex etc. these trading platforms could be a good choice for the starter or beginner but you mentioned yobit Grin so many people are complaining because of poor response of its support and it seems like some of their altcoin withdrawal are offline very often maybe if yobit have fixed all those issues and will improved they can one of the good choice for the beginners.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
November 18, 2016, 09:39:39 AM
#68
I am also interested in trading to somebody teach me because in that place I am beginner and I have 0 trading skills maybe just litte that bitcoin is good to buy now and ICOCOIN but I need more info.Can somebody tell me which cryptocurrency is best to trade and how much my trade price needs to be to earn 50$ daily or 1500$ month??
You're new, and that's impossible thing right now. You were learning and get more about trading.
But I have told you about the best cryptocurrency at this time.
Coinmarketcap.com the reliable source for you, you can choose the coin with a high number of reliable coin for you.
The real challenge for an altcoin traders must be, choosing the right and suitable coin for their trading.
For this dilemma, I simply always go with the established coins rather choosing some high volume altcoins. My profits are comparatively small still the chances of getting dumped over night is very low with my choices.

Yes indeed. But mostly the people saw from their volume which the coin has had a lot of the volume. Will get more demand.
But what's your motivation for choosing those established coins right now?
Too many coin in this day and that was affecting all of the conditions for that investor, this is sad.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 18, 2016, 09:25:51 AM
#67
I advice you to start reading and learning before investing your money with trading. Its profitable only if you have enough knowledge about it, otherwise its risky just like gambling

I agree, he should start on reading and studying those things regarding with trading because he really need to learn a lot about it before he start on dealing with it and to know those things that he need to consider also before he start trading he should add coins more than 0.004 so he can be able to have a decent profit just in case .
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
November 18, 2016, 07:11:31 AM
#66
Well if you just wanna mess around and see how things work for yourself, your 4.291 mBTC should be enough to get you a taste of what trading is like. You won't be able to trade USD with that amount but you can create an account on Bittrex and experiment with trading altcoins. As for buying Bitcoin, I would suggest you have a look at Circle.com, my personal favorite, it's fast and super easy to use. Have fun!  Smiley
Me, I buy in my local exchange and it's easy also. I believe there's local exchange in our area so there's convenience in our part to buy bitcoin. In my case, I do not really rely on one trading sites alone because it's good to be safe, I like poloniex for high volume coins and yobit as well since they have big volume of coins which is ideal for newbie.

You wish to exchange your bitcoins with the local traders, I agree you are safe and they may more trustful. But you cannot get good value when compare with the online traders like localbitcoins.com Better switch to online trading sites like yobit or poloenix or anything

I dont like yobit on trading since they've got bad bad services and might encounter some existing error if you do trades on there and much better to use localbitcoins for now if we want safety aswell us meet up people if they are near you but don't do trades without using escrow since that deal woild became more dangerous if the dealmates doesn't do anything good in our trades.
legendary
Activity: 1372
Merit: 1005
November 18, 2016, 05:28:46 AM
#65
Well if you just wanna mess around and see how things work for yourself, your 4.291 mBTC should be enough to get you a taste of what trading is like. You won't be able to trade USD with that amount but you can create an account on Bittrex and experiment with trading altcoins. As for buying Bitcoin, I would suggest you have a look at Circle.com, my personal favorite, it's fast and super easy to use. Have fun!  Smiley
Me, I buy in my local exchange and it's easy also. I believe there's local exchange in our area so there's convenience in our part to buy bitcoin. In my case, I do not really rely on one trading sites alone because it's good to be safe, I like poloniex for high volume coins and yobit as well since they have big volume of coins which is ideal for newbie.

You wish to exchange your bitcoins with the local traders, I agree you are safe and they may more trustful. But you cannot get good value when compare with the online traders like localbitcoins.com Better switch to online trading sites like yobit or poloenix or anything
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
November 18, 2016, 04:18:21 AM
#64
The real challenge for an altcoin traders must be, choosing the right and suitable coin for their trading.
For this dilemma, I simply always go with the established coins rather choosing some high volume altcoins. My profits are comparatively small still the chances of getting dumped over night is very low with my choices.
I am also facing this dilemma as there are no insiders news are usually available with new altcoins. We cannot simply ignore all the new altcoins as they are alone highly profitable compared to any other trading.

So, I believe I'm taking risk and also I'm getting the reward in equivalent ratio. Because, I'm having experience of getting my capital got tripled within single day also got half in just two hours.
that's must be kind of shitty coin which could fall its price about a half in just 2 hours LOL,i'm actually sometimes taking a look into the coin's announcement thread so i can get the most updated news about the coin,also people there and the devs could reflect what's goin' on to the coin in the future
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 18, 2016, 03:43:25 AM
#63
Well if you just wanna mess around and see how things work for yourself, your 4.291 mBTC should be enough to get you a taste of what trading is like. You won't be able to trade USD with that amount but you can create an account on Bittrex and experiment with trading altcoins. As for buying Bitcoin, I would suggest you have a look at Circle.com, my personal favorite, it's fast and super easy to use. Have fun!  Smiley
Me, I buy in my local exchange and it's easy also. I believe there's local exchange in our area so there's convenience in our part to buy bitcoin. In my case, I do not really rely on one trading sites alone because it's good to be safe, I like poloniex for high volume coins and yobit as well since they have big volume of coins which is ideal for newbie.
hero member
Activity: 1120
Merit: 507
November 17, 2016, 02:53:49 PM
#62
The real challenge for an altcoin traders must be, choosing the right and suitable coin for their trading.
For this dilemma, I simply always go with the established coins rather choosing some high volume altcoins. My profits are comparatively small still the chances of getting dumped over night is very low with my choices.
I am also facing this dilemma as there are no insiders news are usually available with new altcoins. We cannot simply ignore all the new altcoins as they are alone highly profitable compared to any other trading.

So, I believe I'm taking risk and also I'm getting the reward in equivalent ratio. Because, I'm having experience of getting my capital got tripled within single day also got half in just two hours.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
November 16, 2016, 08:09:37 AM
#61
I am also interested in trading to somebody teach me because in that place I am beginner and I have 0 trading skills maybe just litte that bitcoin is good to buy now and ICOCOIN but I need more info.Can somebody tell me which cryptocurrency is best to trade and how much my trade price needs to be to earn 50$ daily or 1500$ month??
You're new, and that's impossible thing right now. You were learning and get more about trading.
But I have told you about the best cryptocurrency at this time.
Coinmarketcap.com the reliable source for you, you can choose the coin with a high number of reliable coin for you.
The real challenge for an altcoin traders must be, choosing the right and suitable coin for their trading.
For this dilemma, I simply always go with the established coins rather choosing some high volume altcoins. My profits are comparatively small still the chances of getting dumped over night is very low with my choices.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
November 14, 2016, 09:18:16 PM
#60
I am also interested in trading to somebody teach me because in that place I am beginner and I have 0 trading skills maybe just litte that bitcoin is good to buy now and ICOCOIN but I need more info.Can somebody tell me which cryptocurrency is best to trade and how much my trade price needs to be to earn 50$ daily or 1500$ month??
You're new, and that's impossible thing right now. You were learning and get more about trading.
But I have told you about the best cryptocurrency at this time.
Coinmarketcap.com the reliable source for you, you can choose the coin with a high number of reliable coin for you.
hero member
Activity: 700
Merit: 500
Massive price drop coming...
November 14, 2016, 06:45:40 PM
#59
start with active in altcoin thread,it will give you more information about what will you trade,and try to trade altcoin that not yet listed in exchange,its will give you more easy to understand about trading.
Yes it is a good suggestion the OP should have to search more about trading on this forum as in this forum he will get more knowledge about bitcoin and after that he will be able to start trading with a good sense and will get a good profit.
Yes in the altcoin thread he can know that what currency is better to trade with and when he have to buy or sell his coins and will know that when to buy which currency, which I also have learned from there.
But i think for newbie it is better to trade with bitcoin to usd and usd to bitcoin for starters or beginners.
There is a simple and it works fine for me you can try this methods like for example the present price of bitcoin right now is 704 and set your sell to 10% to 25% added or it depends in you what amount you want to sell.. like 710 this is for your first tier and set the amount of bitcoin if how much you want and the rest of your bitcoin set for higher to 720 if the price of bitcoin will continue you can be still get profit.. this methods works gradually for small amount but it is more profit if you have a large amount of bitcoin,.
hero member
Activity: 742
Merit: 500
November 14, 2016, 06:27:27 PM
#58
I advice you to start reading and learning before investing your money with trading. Its profitable only if you have enough knowledge about it, otherwise its risky just like gambling
member
Activity: 89
Merit: 10
November 14, 2016, 05:29:33 PM
#57
I am also interested in trading to somebody teach me because in that place I am beginner and I have 0 trading skills maybe just litte that bitcoin is good to buy now and ICOCOIN but I need more info.Can somebody tell me which cryptocurrency is best to trade and how much my trade price needs to be to earn 50$ daily or 1500$ month??
member
Activity: 70
Merit: 10
November 14, 2016, 04:46:04 PM
#56
Hello everyone i have decided to try my hand and bitcoin trading i already have a couple wallets created and the one that i have with mycelium has 4.291 mBTC i will be buying more but i am kind of lost at what to do now. you can buy and trade on the app but i don't think anyone is going to buy such a small amount. what are my next steps? i have gone back all the way to page 13 absorbing as much information as possible. just seeking a little guidance. any and all information will be greatly appreciated
You can start day trading on any bitcoin exchange that has adequate liquidity. Smaller exchanges will have lower volumes, and therefore a larger ‘spread’ been bid (buy price) and ask (sell price). That means the price has to move further before you are in profit, and trades may take longer to execute.
full member
Activity: 210
Merit: 100
November 13, 2016, 09:09:42 AM
#55
Hello everyone i have decided to try my hand and bitcoin trading i already have a couple wallets created and the one that i have with mycelium has 4.291 mBTC i will be buying more but i am kind of lost at what to do now. you can buy and trade on the app but i don't think anyone is going to buy such a small amount. what are my next steps? i have gone back all the way to page 13 absorbing as much information as possible. just seeking a little guidance. any and all information will be greatly appreciated
I Just Want to Suggest You that Don't Try Out Trading Now Because You are Newbie in Trading Now And You can Lose Your Money Without Knowledge in Trading So I Suggest You to Gain Some  Knowledge About Trading and After that Start With a small Amount And Don't Invest More that You Can't Afford to Lose in Trading Because Trading is Risky and without Proper Knowledge.....
legendary
Activity: 1330
Merit: 1019
April 29, 2016, 03:18:23 PM
#54
start with active in altcoin thread,it will give you more information about what will you trade,and try to trade altcoin that not yet listed in exchange,its will give you more easy to understand about trading.
Yes it is a good suggestion the OP should have to search more about trading on this forum as in this forum he will get more knowledge about bitcoin and after that he will be able to start trading with a good sense and will get a good profit.
Yes in the altcoin thread he can know that what currency is better to trade with and when he have to buy or sell his coins and will know that when to buy which currency, which I also have learned from there.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
April 29, 2016, 10:47:24 AM
#53
start with active in altcoin thread,it will give you more information about what will you trade,and try to trade altcoin that not yet listed in exchange,its will give you more easy to understand about trading.
Yes it is a good suggestion the OP should have to search more about trading on this forum as in this forum he will get more knowledge about bitcoin and after that he will be able to start trading with a good sense and will get a good profit.
Yeah studying trading is the first way to do. before starting to trade.. and i think even a small amount you start trading and you can make a profit fast once you know the technique if how to trade..
legendary
Activity: 1554
Merit: 1054
April 29, 2016, 03:50:01 AM
#52
start with active in altcoin thread,it will give you more information about what will you trade,and try to trade altcoin that not yet listed in exchange,its will give you more easy to understand about trading.
Yes it is a good suggestion the OP should have to search more about trading on this forum as in this forum he will get more knowledge about bitcoin and after that he will be able to start trading with a good sense and will get a good profit.
sr. member
Activity: 350
Merit: 250
Interested in the Power of Bitcoin
April 28, 2016, 12:35:51 PM
#51
For the amount of btc the OP was talking about, you really don't have to know complicated terms like stop loss.  It probably isn't even worth it to join an exchange.  As people have mentioned the tx fees alone will eat profits, not to mention any commission the exchange takes.

For such a small amount, for anybody to get their feet wet, I would suggest finding a reputable escrow service here, and find a trading partner.  Such a small trade would only serve as a way for you to get used to using a wallet, using escrow, and transferring btc.  Very important to get the fundamentals down, like following the tx thru the blockchain, and understanding wallet security. 

Once you feel comfortable trading in bigger amounts, find a peer-to-peer trading exchange, like localbitcoins.  The bigger exchanges have too many fees unless you are trading larger sums.
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