Finally, i find way into crypto trading - page 2.

jrrsparkles

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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

If you stick with USDT pair then you can reduce the chance of losing your capital value in USD but satoshi value can't be under your control.I would say this is just basic trading strategy and anyone can learn that even before they have started but you can make real profits when you know how to play with the volatility of cryptos.

lienfaye

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Quote from: tiang_tower on February 22, 2020, 04:04:43 AM

Quote from: Crypto5060 on February 21, 2020, 03:15:46 PM

It's a good strategy to buy each a coin is down and sell when it is high but you can also lose out on high gains from holding your previous position if the coins keeps rising.

I think it's too risky to buy if a coin is experiencing a price decline, because we need time to wait for the increase back, and even then if it happens in the near future, but if it does not happen like that we will feel sorry after buying a coin.

Price declining is the best time to buy actually, but make sure the coin that you're going to buy is not a shitcoin. You'll get profit once the price bounce back and for popular this is not hard to achieve. Op is lucky for earning even he's still a newbie in trading. Having a strategy to follow can lead you to successful trades. Indeed experience is the best teacher, you'll learn from it.

TheClownSong

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Activity: 1428

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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

I think it's great to be able to make $ 100 a day from trading. Not everyone is able to make a profit from trading because they need knowledge about price movements or technical analysis. According to many people, trading is indeed profitable and I think it is also high risk without adequate knowledge

Damjay101

newbie

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Trading is not just that easy. Before you trade on a particular particular Crypto coin/token, it is very important you just study the coin first and learn more on the trend it goes high and dip. If this is not done, you will realize you didn't buy the dip and eventually, you loose. There are a lot of things to read up on before entering into trading. The best remains buying and holding for long. That way, you will surely cash out big.

tiang_tower

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Quote from: Crypto5060 on February 21, 2020, 03:15:46 PM

It's a good strategy to buy each a coin is down and sell when it is high but you can also lose out on high gains from holding your previous position if the coins keeps rising.

I think it's too risky to buy if a coin is experiencing a price decline, because we need time to wait for the increase back, and even then if it happens in the near future, but if it does not happen like that we will feel sorry after buying a coin.

Stanlo

full member

Activity: 952

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IQoption and olymptrade types of platforms are all binary trading which are extremely dangerous compare to trading with bitcoin or Ethereum on exchanges, the difference is once you make a wrong choice on binary trading you are walking away with nothing but with crypto you are only short in token value

gundala

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Activity: 896

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That is one of the functions of stable coins which is very useful and helpful when sudden changes in prices in the market are not predicted beforehand. The key is to always monitor price movements, if there are signs of a correction or dump, the support does not support, then immediately take anticipatory action. This is effective for day trading. If for the long term then don't be too hasty, enjoy the roller coster.

salty

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Activity: 562

Merit: 100

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

Yes, a good solution.I think that many will be able to earn at least something by adhering to Your strategy.But I think you need to have at least $ 1000 in your account for this.

Crypto5060

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Theagriverse.io

It's a good strategy to buy each a coin is down and sell when it is high but you can also lose out on high gains from holding your previous position if the coins keeps rising.

Arkann

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Quote from: spike420211 on February 21, 2020, 12:52:50 PM

It doesn’t matter how much money you have made in trading in the short term. After all, the next day we can make a mistake that will lead to a loss twice as much as your winnings.
Only the long distance and long-term prospects in trading are important. Therefore, if you still continue to trade, share your results with us.

You are absolutely right, because today we are still still only at the first stage of development of the cryptocurrency market, while the cryptocurrency price indicators that exist today still do not reflect the real value that they actually have. This is not only about Bitcoin and Ethereum, but also about other cryptocurrencies, whose projects really have very great prospects in the future.

spike420211

sr. member

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It doesn’t matter how much money you have made in trading in the short term. After all, the next day we can make a mistake that will lead to a loss twice as much as your winnings.
Only the long distance and long-term prospects in trading are important. Therefore, if you still continue to trade, share your results with us.

Kasabus

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Quote from: Mealea on February 03, 2020, 02:33:41 PM

Trading can be very profitable if done properly but personally I don't subscribe to binary option because it is a gamble. Cryptocurrency trading is totally different from that.

You are just starting to trade and luckily, you earned profits already. This is good but i think trading has a broader scope. You need to educate yourself and study other strategies that will suit you and not just depend on a single one. Trading has more risks in it so you need to secure your bitcoins in a hard or storage wallet and definitely not in an exchange. Anything can happen to your bitcoin even when you least expect it.

alexsandria

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Quote from: kodtycoon on January 31, 2020, 10:50:02 AM

what you say is something that happens by chance and does happen in a fast time, because there will be times when you buy at a higher price and then the price is dumped. if that's the case, what will you do? because every trade has its risks and you cannot assume trading in this highly fluctuating market has no risk. be careful, because pride will most likely lead you to suffering

This is what the common mistakes of everyone who is trading they thought that when they buy a coin or token at a very high price, there is no tendency that it may dump but in the reality some coins that has the high value are the one who is very fast to dump so trading and buying coin is really in risk. If the coin that you have buy dumped so hard what will you do? Then simply just hold it until the price of the said coin was pump up because if you buy it on the very big price and sell it once it dumps then you will just suffer from a huge loss so better to just hold it until the value of your coin become bullish.

thiscomm

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I think indeed the first way to do good trading is to dare to take the risk at the beginning and try to see the potential of crypto that we will buy. buy when prices are down sharply and try to sell as fast as possible when prices have shown rising. here we play with the volatility of crypto prices that are volatile then you should use a good network. because maybe the price can change in a matter of minutes. and being a trader needs to be careful in reading segments and always looking at market conditions.

grenrich

newbie

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I’m glad that you succeed. And, well, welcome to the crypto trading) From this point, you should think about making more sophisticated trading moves, agree? I guess you will be able to make it right!

Mealea

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FRX: Ferocious Alpha

Trading can be very profitable if done properly but personally I don't subscribe to binary option because it is a gamble. Cryptocurrency trading is totally different from that.

istiak2277

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KUWA.ai

IQOption is like a gambling site as I think. I have used this site before and their option trader is like gambling and i know they have some crypto and fiat pair too. For a big return is an investment you need to take the risk but you should not put the money that you can not lose. Because its a very risky path and you can be a millionaire or you can lose everything.

kesmex

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Quote from: Golftech on February 03, 2020, 09:28:17 AM

Quote from: Stanlo on February 03, 2020, 04:15:16 AM

its still very risky and I don't like that idea of yours, I'm better off with storing my bitcoin in my wallet and keep buying when I see another cash, bitcoin trading is risky

Trading in this particular way difinitely a risky form of investment. High chances of losing your money in a much quicker time frame, it's just same with gambling where you are trying to get into the right timing and earned if you have good position. But again always consider the potential huge loses if things turned to the other side.

if you said gambling you are wrong, it's a false statement,
this is trading not gambling, you must have trading knowledge before starting, hope you can understand

Golftech

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Quote from: Stanlo on February 03, 2020, 04:15:16 AM

its still very risky and I don't like that idea of yours, I'm better off with storing my bitcoin in my wallet and keep buying when I see another cash, bitcoin trading is risky

Trading in this particular way difinitely a risky form of investment. High chances of losing your money in a much quicker time frame, it's just same with gambling where you are trying to get into the right timing and earned if you have good position. But again always consider the potential huge loses if things turned to the other side.

ballerin and giroud

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Activity: 868

Merit: 16

I think IQ option and olymptradr aren't trading platform but it is just gambling platform. If I'm wrong, what strategy that should be choose when you trade on that platform, you just guessed the candle betwen red and green no strategy, you just do these thing. Greatfully, you find a good way to become crypto trader and you got it. It is very hard to gain $100 as new trader but you proof it and this thing can be as a refference for those who will try become trade crypto. Honestly, I am not trader but I just know a bit of strategy to trade although I haven't got the profit as you get now.

Topic: Finally, i find way into crypto trading - page 2. (Read 898 times)