Finally, i find way into crypto trading

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: JeotQ on January 29, 2020, 01:08:00 PM

After months of trying to find ways to trade online i finally took the risk and so far its worth it, I've asked about how to trade on here but no one gives me a straight forward answer and my journey began with trading platforms like IQoption and later Olymptrade, well here is few facts i later unravel

I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance and i was able to earned 100$ by just buying low and selling high, between 8300$ per bitcoin and 9200$, this is a good trick for those who don't know how to start trading, use USDT/BTC trading pair

So far what I've learned is there is no risk of losing your money here, you can be stuck with USDT for a while but we know that bitcoin is volatile, the time will come again, forget other platforms and use crypto trading exchanges like binance, kucoin, huobi... Thank you

Well it is really good to put up your own discovery because your experience will really teach you the ways you want to know and answer the questions you do have in your mind. No one can teach you effectively rather than your own self. Seeking for informations about trading is now in your hands and you have seen that as you have taken the risk to know the answer on your inquiry, you have unleashed what does it take to acquire effective strategy on doing trading by your own observation. Now that you have learned it on your own, you can now effectively use what you have learned on trading in the present and up to the future and will learn more right straight into the path of your journey in trading with cryptocurrency.

RDNX

member

Activity: 392

Merit: 11

Nice! that type of tricks also one of my favorite styles.
Currently, I only trading using USDT pair. Its because your asset value will remain the same.

okala

full member

Activity: 980

Merit: 114

Quote from: JeotQ on January 29, 2020, 01:08:00 PM

After months of trying to find ways to trade online i finally took the risk and so far its worth it, I've asked about how to trade on here but no one gives me a straight forward answer and my journey began with trading platforms like IQoption and later Olymptrade, well here is few facts i later unravel

I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance and i was able to earned 100$ by just buying low and selling high, between 8300$ per bitcoin and 9200$, this is a good trick for those who don't know how to start trading, use USDT/BTC trading pair

So far what I've learned is there is no risk of losing your money here, you can be stuck with USDT for a while but we know that bitcoin is volatile, the time will come again, forget other platforms and use crypto trading exchanges like binance, kucoin, huobi... Thank you

That is a good testimony about trading. Many people are afraid of trading cryptocurrencies but those that take the advantage of the volatility of the market are truly making money. I will only advice people to see trading as the only way to make consistent money from blockchain technology. Time is coming that cryptocurrencies will be trade by big banks and financial institutions and it is then that people will start going into it.

NewRanger

sr. member

Activity: 1624

Merit: 341

Buzz App - Spin wheel, farm rewards

trading in cryptocurrency easier than in other market. we just to analize which coins that we will buy and wait till its price rise. moreover if we buy only on top 10 coinmarketcap, risk smaller than another coins. these price will keep increase while market sentiment positive and there is no more fud.

fortunecrypto

legendary

Activity: 2450

Merit: 1047

Quote from: JeotQ on January 29, 2020, 01:08:00 PM

After months of trying to find ways to trade online i finally took the risk and so far its worth it, I've asked about how to trade on here but no one gives me a straight forward answer and my journey began with trading platforms like IQoption and later Olymptrade, well here is few facts i later unravel

I decided to take a risk by using my bitcoin that i locked away in my wallet for few months now to trade on binance and i was able to earned 100$ by just buying low and selling high, between 8300$ per bitcoin and 9200$, this is a good trick for those who don't know how to start trading, use USDT/BTC trading pair

So far what I've learned is there is no risk of losing your money here, you can be stuck with USDT for a while but we know that bitcoin is volatile, the time will come again, forget other platforms and use crypto trading exchanges like binance, kucoin, huobi... Thank you

Congratulations on finding your way to trading I'm sure it's not an easy journey, it's more like a gambling and you can lose everything if you picked the wrong coin, I have tried it once but failed because it needs time to get an insight you can make it a steady source of income.

shoreno

full member

Activity: 1750

Merit: 118

good for you because you your self find a way on how to improve your trading career while most of the traders always seek for others advice . they cant show to their selves that they are independent enough . how can one improve if you are only going to rely on others . anyway i like your strat . usdt is indeed a useful tool for trading to counter the volatile nature of cryptos .i dont often see it suggest by someone , what i mainly see is they only recomend chosing a good exchange and choosing top coins , well that is so common and majority of us already know that

Baoo

full member

Activity: 868

Merit: 116

You did not take the risk with these moves OP, and the opposite was true to be honest. In addition to that , it is really essential when you use the best exchanges for trading like, Binance, Poloniex..ect and unfortunately, the other platforms are really useless. For me, I prefer taking the risk but not in all the time, the timing is really important for achieving that. When you play always safe and it is really hard in order to make a big value of profit especially in long terl trading.

Kiefner

member

Activity: 921

Merit: 10

If you are new to trading, then you should start trading with bitcoin. It is a reliable asset for both investment and trading. It seems to me that any person should study the world of cryptocurrencies with the help of bitcoin. And no matter what direction he is studying.

vvu351

hero member

Activity: 1050

Merit: 501

corion.io

Quote from: retnoanjani on February 22, 2020, 06:00:43 PM

Quote from: julius caesar on February 22, 2020, 10:30:15 AM

Even though that it is a simple strategy, you should be always careful on the trading that you are doing. Try to fully understand the market movement first for you to be able to become successful in trading career. Patience is a virtue in this one. Do not try to sell you coin if it is not your ideal price to avoid losing a part of your money.

You are right, it would be more effective if the op learned analytical techniques, so it does not depend entirely on luck and guessing. Cryptocurrency is very dynamic, so even though rumors will affect analysis fundamentally, this is something that is complex so it requires perseverance and seriousness in learning it, let alone technical analysis.

This year, in any case, will bring more money to the cryptocurrency asset market. Therefore, I believe that you need to invest every day in both Bitcoin and Altcoins.

retnoanjani

full member

Activity: 630

Merit: 100

Quote from: julius caesar on February 22, 2020, 10:30:15 AM

Even though that it is a simple strategy, you should be always careful on the trading that you are doing. Try to fully understand the market movement first for you to be able to become successful in trading career. Patience is a virtue in this one. Do not try to sell you coin if it is not your ideal price to avoid losing a part of your money.

You are right, it would be more effective if the op learned analytical techniques, so it does not depend entirely on luck and guessing. Cryptocurrency is very dynamic, so even though rumors will affect analysis fundamentally, this is something that is complex so it requires perseverance and seriousness in learning it, let alone technical analysis.

gaston castano

sr. member

Activity: 1526

Merit: 251

in fact, it is not the fact that no one wants to give an answer, but just that transactions must be practiced and the theory is not sufficient to think of it as measuring the state of the wind or the weather.
Although it is foreseen, but sometimes it is not always the same as the estimate. That's why you have to practice it directly.
I am happy if you succeed in your trading Wink

.

Coinluminary

newbie

Activity: 24

Merit: 0

I'm thinking you are doing day trading which is not good for long-term you may make huge amounts in a day but you can also lose more than that in the day, this is risky way you can make consistent money only if you invest in long-term. Being profitable and being a consistent winner are two different things.

thesmallgod

full member

Activity: 1498

Merit: 129

Quote from: FLHippy on January 29, 2020, 01:47:39 PM

Good trading trick, look at the price, Bitcoin is now above your high, so what would you do? I do not see any reason why we should again fall down, we have confirmed that 8000-9000USD is a strong resistance and we can continue in uptrend.

There has been resistance around 9.5k for a while now and this has been the case for few weeks now. The uptrend is always around 9.7k and 9.6k so if he can continue monitoring the graph and buying when the price is at deep but if the market suddenly falls, then this strategy might result in loss and this is exactly while we all say crypto market involves huge risk and it is meant for risk-taker. However, it might also be another way round if the price of bitcoin goes up just the way all of us want.

kalun

newbie

Activity: 4

Merit: 0

I think now is the time for all crypto coin go high as same in Jan 2018 because of the virus make world economy come down. Let see Roll Eyes

Divinespark

hero member

Activity: 938

Merit: 501

It is only good and helps you get profit when the market goes up. And if you use the same approach as the bear market and lower prices, you will probably quickly lose all your investment. It is difficult to make a profit in this market in a way. We need to have a variety of strategies to suit each type of market situation

julius caesar

full member

Activity: 644

Merit: 127

★Bitvest.io★ Play Plinko or Invest!

Quote from: bttmember on January 29, 2020, 04:01:38 PM

This is simple strategy but in reality it is quite a gamble in the sense that when btc will start real bull run then during small dips person following this strategy will sell and get usdt but infact he will miss the booming ship of btc rocket. You will know about it during next bull run when you will keep looking at your usdt while btc will hit 10x.

Even though that it is a simple strategy, you should be always careful on the trading that you are doing. Try to fully understand the market movement first for you to be able to become successful in trading career. Patience is a virtue in this one. Do not try to sell you coin if it is not your ideal price to avoid losing a part of your money.

adzino

copper member

Activity: 2968

Merit: 575

www.Crypto.Games: Multiple coins, multiple games

I have never seen the price of bitcoin fluctuate with a difference of more than $1000 regularly. You either made a typo over here or just making up stories. High fluctuations does happen, but its not common. Even if you did manage to make some profit off it during your first time trading, then just consider this as a beginners luck. You won't be seeing such price fluctuations regularly.
And you are wrong over here, there is a chance of "losing" money when investing on bitcoin unless you plan to hold it forever till your loss negates.

LbtalkL

full member

Activity: 1176

Merit: 162

No one will really tell you what coins are good to trade it is for you to decide because trading is risky, of course, we can suggest but the final decision is yours. Trading is not only about "buying low and selling high" Maybe you are just lucky to earn some dollars, What if you bought at this price and it goes down? It is very volatile, Much better to study some indicators to improve your trading and also set stop loss to minimize loss.

skeleto88

member

Activity: 224

Merit: 10

Good for you that you were able make profits from your trading even being just a beginner. There are actually a lot of tutorials and learning materials here in the forum if you would only search or you can learn from watching videos in youtube. And there are trading sites giving free trials to test your skills and capable to trade, I just forgot the site. But hope you all the best keep learning for better income in trading.

masterrex

full member

Activity: 1820

Merit: 107

That was the most common method while using intraday trading sessions "buy on lows and sell on highs" and thats what I'm doing once in 24 hours, but it is limited only to Bitcoin and USDT pair because Bitcoin price is changing in a 24-hour basis thats why the profit was secure within the 24-hour time frame so far its safe base to my own experience. But stay focus on the market trends to prevent the price slip it is very important to not missed the buying and selling price. you can put your buying price too base on "24 hour average of price differences"

Topic: Finally, i find way into crypto trading (Read 916 times)