Beginner starting trading - page 2. | Bitcointalksearch.org

n0ne

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Quote from: ricardobs on April 28, 2016, 06:21:07 AM

Quote from: bitmarket.net on April 26, 2016, 11:34:07 AM

It doesn't really matter how much you start trading with, as long as it is more than the minimum for the particular exchange (usually 0.01 btc).

The commission is in most of cases a fixed percentage of the trade value, so you pay the same % whether you trade 0.1 BTC or 100 BTC.

Yes, really it does not matter in the case of trading with bitcoin, there are a lot of exchanges available where a lot of people including newbie and experts buying and selling their coins so can start with any amount.

Not every exchange, there are certain exchanges which has certain regulations in which you need specific amount of bitcoin in wallet to be a trader or to start trading.

ricardobs

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Quote from: bitmarket.net on April 26, 2016, 11:34:07 AM

It doesn't really matter how much you start trading with, as long as it is more than the minimum for the particular exchange (usually 0.01 btc).

The commission is in most of cases a fixed percentage of the trade value, so you pay the same % whether you trade 0.1 BTC or 100 BTC.

Yes, really it does not matter in the case of trading with bitcoin, there are a lot of exchanges available where a lot of people including newbie and experts buying and selling their coins so can start with any amount.

klf

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Quote from: pooya87 on April 28, 2016, 01:36:48 AM

Quote from: raphma on April 27, 2016, 08:27:59 PM

Quote from: randy8777 on May 20, 2015, 07:11:45 PM

altcoins are very risky. one day they get a +100% pump and the other day they get dumped to the floor. if you do plan to trade altcoins stick with btc-e as they don't list scamcoins.

Thats the whole point of trading.... Buy the dips, sell the tops.
But i wouldnt recomend do that without knowing. Do some research first, learn about stop loss and other things and then go to a exchange and do it yourself.

i agree, the Stop Loss is one of the most important things in trading. because the price is always moving sideways and although you can speculate the future price but it is impossible to know it for sure and a big dump can make you lose a lot of money something that can be prevented with setting a stop loss.

Yes this is correct we have to know market knowledge first before doing trading. That too stop loss is very important in trading. Price may increase or decrease that too in altcoins we can not judge the pricing today it will high and the next day it goes down so here we can not predict the price of altcion. So i thik trading with altcoin is very risky you may get huge profit as well as huge loss also. So before doing trading think and do.

airezx20

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Quote from: pooya87 on April 28, 2016, 01:36:48 AM

Quote from: raphma on April 27, 2016, 08:27:59 PM

Quote from: randy8777 on May 20, 2015, 07:11:45 PM

altcoins are very risky. one day they get a +100% pump and the other day they get dumped to the floor. if you do plan to trade altcoins stick with btc-e as they don't list scamcoins.

Thats the whole point of trading.... Buy the dips, sell the tops.
But i wouldnt recomend do that without knowing. Do some research first, learn about stop loss and other things and then go to a exchange and do it yourself.

i agree, the Stop Loss is one of the most important things in trading. because the price is always moving sideways and although you can speculate the future price but it is impossible to know it for sure and a big dump can make you lose a lot of money something that can be prevented with setting a stop loss.

You cant easily predict it but if you know whose the developers and they are telling the truth about their project also they are fast responce and solving an issue you can decide to buy more.. and i think this is my way to make a profit.. like mrai i just bought 100k mrai for 200 sat and i can sell it for 500 sat each but i have no plan to sell it right now because i know it will increase more because of fast responce from the developers.. they can fix the issue fast..

pooya87

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Quote from: raphma on April 27, 2016, 08:27:59 PM

Quote from: randy8777 on May 20, 2015, 07:11:45 PM

altcoins are very risky. one day they get a +100% pump and the other day they get dumped to the floor. if you do plan to trade altcoins stick with btc-e as they don't list scamcoins.

Thats the whole point of trading.... Buy the dips, sell the tops.
But i wouldnt recomend do that without knowing. Do some research first, learn about stop loss and other things and then go to a exchange and do it yourself.

i agree, the Stop Loss is one of the most important things in trading. because the price is always moving sideways and although you can speculate the future price but it is impossible to know it for sure and a big dump can make you lose a lot of money something that can be prevented with setting a stop loss.

raphma

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Quote from: randy8777 on May 20, 2015, 07:11:45 PM

altcoins are very risky. one day they get a +100% pump and the other day they get dumped to the floor. if you do plan to trade altcoins stick with btc-e as they don't list scamcoins.

Thats the whole point of trading.... Buy the dips, sell the tops.
But i wouldnt recomend do that without knowing. Do some research first, learn about stop loss and other things and then go to a exchange and do it yourself.

newcoins1978

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Quote from: gtglener on April 27, 2016, 02:41:30 PM

There are a lot of places available on internet and a lot of tutorals available on internet fro where you can learn that how to trade and after that you have to join this forum and have to parcipate in discussions so that know will be able to know that which currency will have to buy to earn a profit from it.

Yeah and best of all most video's for starters are free. You will have to pay for the more exclusive content.
But if you follow those tutorials and make sure you focus on the large altcoins there is not much you can lose as long as you hold when a dump has happened.

gtglener

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There are a lot of places available on internet and a lot of tutorals available on internet fro where you can learn that how to trade and after that you have to join this forum and have to parcipate in discussions so that know will be able to know that which currency will have to buy to earn a profit from it.

Boosterious

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The mind is everything. What you think you become.

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.

bitmarket.net

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It doesn't really matter how much you start trading with, as long as it is more than the minimum for the particular exchange (usually 0.01 btc).

The commission is in most of cases a fixed percentage of the trade value, so you pay the same % whether you trade 0.1 BTC or 100 BTC.

ripplehd

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best time to trade is on monday and friday because there are more opened stock markets I prefer to go with the oil one because thats much easier to predict and get back ROI.

maudevang

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There are now indeed more people that is going to start trading and the reason is because they are trading because they want to earn some money with it and that is important.
And the value is not that even high so you cant also sell it now around this time.

mookid

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You need to consider several factors:
Do you have experience as a trader of other currencies or commodities?
Do you plan to do margin trading? (Using leverage, you basically borrow bitcoins, expecting the price to go up [long], or to go down [short])
If you do plan to begin trading and you are a newbie, I recommend you to take at least 2 hours every day to study the basics of trading (this applies to everything from stocks, to bonds, EFT, indexes, etc).
Don't use leverage at first, if you want you can use play money on several trading training platforms.
The best traders are the ones that don't take emotional decisions, and they are VERY disciplined.

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Quote from: HostSurf on April 22, 2016, 03:13:50 PM

Quote from: italianobitcoin on April 22, 2016, 08:54:58 AM

There are now many people that is going to start trading and the reason is because they want to earn money with it because they cant sell it now because the value is to low.
And of course we all want to make profit but it is not that easy to trade, you must have a strategy before you begins otherwise you can lose some money and that will be not good.

I tried cloud mining, referrals and even faucets. Till today i made the most with trading.
And it was the most fun thing to do too. I am not an active trader (just 2/3 trades a day) but watching the markets is enough to make a quick buck.

Yeah trading is full of fun and interesting when you get involved in it. As a good trader you doesn't need to be active all time but good capital is required to earn good profit.

Za1n

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Quote from: Gaugh on April 20, 2016, 03:48:06 PM

Cosidering how risky it is to trade with altcoins, trading with some satoshis on btc-e is a step in the right direction.

You (and everyone posting since) do realized you necro'ed a nearly 1 year old thread to offer advice on?

Plus by reading even a few of the posts you would see the commenters from a year ago recommend that he send his money to Cryptsy to learn how to trade. I wonder how that worked out considering they are now closed due to all the finds being stolen by the exchange operators.

The OP is probably long gone and if he did use Cryptsy he's probably never coming back.

rickday

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Try igot

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HostSurf

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Quote from: italianobitcoin on April 22, 2016, 08:54:58 AM

There are now many people that is going to start trading and the reason is because they want to earn money with it because they cant sell it now because the value is to low.
And of course we all want to make profit but it is not that easy to trade, you must have a strategy before you begins otherwise you can lose some money and that will be not good.

I tried cloud mining, referrals and even faucets. Till today i made the most with trading.
And it was the most fun thing to do too. I am not an active trader (just 2/3 trades a day) but watching the markets is enough to make a quick buck.

luciann

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Quote from: Gaugh on April 20, 2016, 03:48:06 PM

Cosidering how risky it is to trade with altcoins, trading with some satoshis on btc-e is a step in the right direction.

So theres quite of several routes to take on this.

But something you should do on your own is the recent actions that are happening in that space.

Esp in alt coins and exchanges since 1 of the major players removed itself. Do your homework on if you want bother with it due to that crypsty incident.

italianobitcoin

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Forza Italia

There are now many people that is going to start trading and the reason is because they want to earn money with it because they cant sell it now because the value is to low.
And of course we all want to make profit but it is not that easy to trade, you must have a strategy before you begins otherwise you can lose some money and that will be not good.

talkbitcoin

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Quote from: Rubberduckie on April 22, 2016, 03:27:47 AM

just like when I meet people wanting to learn the stock market I suggest always
making paper trades first

for the first 100 trades its not exciting but keep track and make fake trades basically
and if you have shown you can make a profit and learned what not to do then deposit
a small amount and get going.

nah, in trading cryptocurrencies you can trade with a small amount which is worth lower than 1 cent so i think it would be better if you trade that way because even if you lose you lose less than 1 cent.

Topic: Beginner starting trading - page 2. (Read 4562 times)