Author

Topic: Finally, i find way into crypto trading (Read 878 times)

sr. member
Activity: 882
Merit: 260
February 25, 2020, 08:06:38 AM
#95
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.
member
Activity: 392
Merit: 11
February 24, 2020, 04:28:24 AM
#94
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.
full member
Activity: 980
Merit: 114
February 24, 2020, 03:12:22 AM
#93
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.
sr. member
Activity: 1582
Merit: 333
February 24, 2020, 12:42:07 AM
#92
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.
legendary
Activity: 2450
Merit: 1047
February 23, 2020, 11:49:09 PM
#91
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.
full member
Activity: 1750
Merit: 118
February 23, 2020, 11:41:52 PM
#90
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  
full member
Activity: 868
Merit: 116
February 23, 2020, 11:23:53 PM
#89
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.
member
Activity: 921
Merit: 10
February 23, 2020, 05:42:50 PM
#88
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.
hero member
Activity: 1050
Merit: 501
corion.io
February 23, 2020, 04:04:32 PM
#87
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.
full member
Activity: 630
Merit: 100
February 22, 2020, 07:00:43 PM
#86
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.
sr. member
Activity: 1526
Merit: 251
February 22, 2020, 03:32:23 PM
#85
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.
newbie
Activity: 24
Merit: 0
February 22, 2020, 02:51:20 PM
#84
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.
full member
Activity: 1498
Merit: 129
February 22, 2020, 01:34:26 PM
#83
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.
newbie
Activity: 4
Merit: 0
February 22, 2020, 12:38:46 PM
#82
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 Roll Eyes
hero member
Activity: 938
Merit: 501
February 22, 2020, 12:36:12 PM
#81
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
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
February 22, 2020, 11:30:15 AM
#80
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.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
February 22, 2020, 10:58:29 AM
#79
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.
full member
Activity: 1176
Merit: 162
February 22, 2020, 10:52:03 AM
#78
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.
member
Activity: 224
Merit: 10
February 22, 2020, 10:33:27 AM
#77
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.
full member
Activity: 1820
Merit: 107
February 22, 2020, 10:30:20 AM
#76
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"
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 22, 2020, 10:26:07 AM
#75
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.
hero member
Activity: 3010
Merit: 629
February 22, 2020, 10:16:02 AM
#74
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.
sr. member
Activity: 1428
Merit: 251
February 22, 2020, 08:29:27 AM
#73
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
newbie
Activity: 3
Merit: 0
February 22, 2020, 07:08:24 AM
#72
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.
full member
Activity: 826
Merit: 100
February 22, 2020, 05:04:43 AM
#71
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.
full member
Activity: 952
Merit: 110
February 22, 2020, 03:05:27 AM
#70
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
full member
Activity: 896
Merit: 108
February 21, 2020, 05:38:41 PM
#69
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.
full member
Activity: 562
Merit: 100
February 21, 2020, 05:06:02 PM
#68
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.
jr. member
Activity: 443
Merit: 2
Theagriverse.io
February 21, 2020, 04:15:46 PM
#67
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.
full member
Activity: 714
Merit: 104
February 21, 2020, 02:53:10 PM
#66
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.
sr. member
Activity: 1610
Merit: 372
February 21, 2020, 01:52:50 PM
#65
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.
hero member
Activity: 2814
Merit: 576
February 21, 2020, 10:47:09 AM
#64
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.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
February 21, 2020, 10:45:53 AM
#63
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.
jr. member
Activity: 224
Merit: 2
February 21, 2020, 10:22:22 AM
#62
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.
newbie
Activity: 7
Merit: 0
February 21, 2020, 09:43:53 AM
#61
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!
member
Activity: 300
Merit: 11
FRX: Ferocious Alpha
February 03, 2020, 03:33:41 PM
#60
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.
member
Activity: 728
Merit: 19
KUWA.ai
February 03, 2020, 12:15:26 PM
#59
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.
full member
Activity: 1110
Merit: 104
The OGz Club
February 03, 2020, 12:09:46 PM
#58
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
hero member
Activity: 2128
Merit: 520
February 03, 2020, 10:28:17 AM
#57
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.
member
Activity: 868
Merit: 16
February 03, 2020, 10:20:48 AM
#56
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.
jr. member
Activity: 53
Merit: 2
February 03, 2020, 10:17:23 AM
#55
In future you will probably be trading Altcoin. so for you my opinion is..

1) Do a minimum recherche before buying, don't attempt to buy just seeing pumping.
2) Find out in where it launched & see if it launched in a reputed market or not.
3) Monitor on it's volume and exchange rate for few weeks if you think it's potential then buy.
4) Don't buy when raised high price and don't sell on dip.  Wink

Be smart, Happy Trading...  Smiley
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
February 03, 2020, 09:49:09 AM
#54
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

Buying bitcoin at low and selling at high will be the best way to make a profit, and that is a good trick for people who don't know much about trading. They don't have to analyze deeper than the other people, and they only find out the low price to buy and hold it for a while. People can do that, and I think they can get any time to buy bitcoin at a low price.

People only need to have an account in the exchanges as you, and binance will be the best exchange they use to buy and sell bitcoin. If they can buy and sell many times, I am sure that they will make a profit, and they can collect a lot of USDT and bitcoin because they can have a big chance to repeat it over and over.
full member
Activity: 952
Merit: 110
February 03, 2020, 05:15:16 AM
#53
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
sr. member
Activity: 644
Merit: 257
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February 03, 2020, 01:44:30 AM
#52
Don't really like the idea of such trading but it's better than trying to daytrade using technical analysis anyway. I prefer using crypto as long-term investing instrument, storing money in bitcoin and top altcoins.

This kind of strategy works best for those who doesn't have enough time to monitor their funds. Actually this is a good idea for those who have also work and can't completely watch the charts. For me I do trading if I have free time but also I have work and cannot really focus on trading alone. But there are signal in our group who are doing trading and they just telling us when short and long time though I can't check for myself I trust them since its been a long time since I started to join them. Anyway we have different opinion and the style we do work for ourselves in different point of view.
newbie
Activity: 588
Merit: 0
February 02, 2020, 09:47:52 PM
#51
Trading or investing always involved Risk Factor. The flow of the market is unpredictable sometimes and if your decision is wrong, that will lead you to losses..
full member
Activity: 1330
Merit: 147
February 01, 2020, 01:18:05 PM
#50
Don't really like the idea of such trading but it's better than trying to daytrade using technical analysis anyway. I prefer using crypto as long-term investing instrument, storing money in bitcoin and top altcoins.
If we choose cryptocurrencies as a place to make money then we will never avoid the risk. Both of way (trading and investing) will always have a risk each other. Such as trading, your risk is when you are wrong to make an analysis and for investing especially for long term investment then you will find how the movement price of bitcoin itself.

I mean, have you remember bitcoin price just increased for almost $18000 in one year at 2017 ago, when you buy bitcoin at $1000 in the early of that year then you are deserve to gain $18000 in one year, but who know if you have greedy thing. I will believe you will never sold bitcoin at $18.000 and finally you will see bitcoin price decreased a lot, yeah that is the risk that you will find.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
February 01, 2020, 01:05:33 PM
#49
every investment or trade has its own risks, but in terms of trading it is far more risky if you choose the wrong coins and the exchange you use doesn't have many users. but I think you have done a good job, especially if it's your first time trading. my advice, you should always be vigilant because the price of cryptoqurrency is always changing all the time and you must always monitor the assets that you are trading.
full member
Activity: 1638
Merit: 122
February 01, 2020, 12:57:57 PM
#48
because trading its not easy . what you do is only right , you learn for months , finding way on how to improve your trades and finalyl you know the secret   . its only impossible that no one helped you on this forum because there are so many users on this forum and most of them are traders  . they wont give straight forward answer because its hard to explain without actual initiation   unless you hire them as a coach to guide you step by step using some tools like video calling or live chatting  .
sr. member
Activity: 1638
Merit: 278
February 01, 2020, 12:08:39 PM
#47
The two platforms you mentioned, iQoption and Olymptrade, are both binary options traders.
These two sites are very different from the one you used in trading cryptocurrency, you can testify that.

When it comes to option trading you just have the put and call options and use these two options to predict where the price of an asset, currency, or stock is heading to. If you make an accurate prediction you make profit. Some people have said that it’s just like gambling, well, I don’t really think so because you still have to do some analysis in it.
legendary
Activity: 2100
Merit: 1058
February 01, 2020, 12:03:16 PM
#46
What the risk would be is that you might be stuck with USDT for long time and it might not give you the chance to trade with the markets simultaneously which would stop your profits but if you continue to hold those USDT just to purchase bitcoins at a dip which you are waiting for would be something which would really give you profits.

Moreover, it is good to hear that you were able to earn $100 profits from just buying and selling bitcoins but I doubt, you would have need to wait for some mid-term in order to sell your coins for $9200 price. Also, the current bullish signs made it possible for you to quickly fill your profits, but the market might even move in an opposite direction. You need to prepare yourself for that situation so that you can minimize the risk of facing any loss.
legendary
Activity: 2884
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
February 01, 2020, 11:11:50 AM
#45
If you says no risk to losing your money in trading then i have to says that's non sense and there is no such thing because risk always be involved if it related to money especially trading when uncertain things will always be parts of it however i have been heard the method you used that there was some of people suggest to me while the price of btc down then you can convert it to usdt and they says it safe method to minimize losing money but i personally never done it before
member
Activity: 476
Merit: 22
February 01, 2020, 08:57:38 AM
#44
Still you aren't far from the risk of losing out, once bitcoin keeps climbing on and on you will be left with your stable coin and you will miss out a lot, i think it's better to just keep your bitcoin instead of trying to trade it which can make you lose what you already owned
full member
Activity: 1330
Merit: 121
February 01, 2020, 06:14:22 AM
#43
Don't really like the idea of such trading but it's better than trying to daytrade using technical analysis anyway. I prefer using crypto as long-term investing instrument, storing money in bitcoin and top altcoins.
Undoubtedly, this is the best way to profit on the cryptocurrency market, especially if you invest for a long time in the highest-rated cryptocurrencies, as well as projects that have good prospects and are in demand in society.  Such activities and income from these activities should be less of a concern to someone who has other sources of income.  with daily trading, the trader makes a profit every day, every week and every month, and with long-term investment, profit can be obtained in six months or a year.
sr. member
Activity: 1246
Merit: 285
January 31, 2020, 07:49:26 PM
#42
~
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
It is better like that, learning by doing, congratulations because you can find a path that suits your wishes. After this you will discover even more new things, especially if you are trapped in falling prices, you will learn a lot about patience and train your mentality to become stronger, a tough choice to hold amid falling prices that tend to continue to occur, and this will become more light if you learn about market analysis. You can learn technical things directly from various kinds of literature on the internet, but more important and good lessons are from your own experience. Believe me, you will definitely get the lesson itself by doing it directly. Note that you must be prepared to face the risk, so play it safe.
legendary
Activity: 1722
Merit: 1014
January 31, 2020, 05:51:06 PM
#41
Don't really like the idea of such trading but it's better than trying to daytrade using technical analysis anyway. I prefer using crypto as long-term investing instrument, storing money in bitcoin and top altcoins.
legendary
Activity: 2436
Merit: 1102
January 31, 2020, 11:51:42 AM
#40
OP target was 9200 dollars and now bitcoin is way over, i hope you've learned your lesson here, trading is very risky, what if bitcoin keeps surging from here on? You will feel very angry for holding that stable coin when you should be holding bitcoin
You would only be angry on yourself and no one else so it is fine. This would make you more conscious about your investments next time onward and you would gain huge lot of experience by facing any such situation. Price for bitcoin keeps crossing $9300 which is a good sign for the bull runs because bitcoins already have crossed a target of $9200 which might now leave bitcoins nearby $10,000.

This would be the first step to the bullish markets in these past few years after the mid 2017 bull runs. This also might be a market situation where even newbie traders can make immense profits just by following the trend and speculating the graphs for maximum time.
legendary
Activity: 1568
Merit: 1002
January 31, 2020, 11:50:02 AM
#39
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
sr. member
Activity: 1596
Merit: 264
January 31, 2020, 10:54:00 AM
#39
I remembered when I held my first Bitcoin like it was only .002 BTC and I thought I'll be just fine just hodling it. Turns out I found out too late that BTC is indeed unstable that day and my first exchange to trade at was EtherDelta
I appreciate the sharing of your story, OP.
We're not in the same route, but we're going towards the same goal. Good luck to us!
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
January 31, 2020, 09:50:08 AM
#38
There is no 100% probability of winning in the auction. Therefore, I did not rejoice ahead of time. Maybe you will be led throughout the year, and then you will lose everything. Or maybe a blunder in a month. For this, study all the pitfalls, understand the essence, do not act on emotions. Emotions and money have always been enemies, they do not live together.
Trading does require more of your time so you need to be very knowledgeable on the coin you are trading and not just trading only even without prior knowledge about the coins you are going to trade. And since you have no assurance of winning or losing in the end, you have to be very patient because being impatient alone will only make you lose more in the end.

patience must also be based on analysis, so that we wait for nothing. in this case the time required cannot be ascertained, so it takes a strong psychological so as not to panic when facing market fluctuations. to support success in trading, psychology has the biggest role


This is indeed good news for you. We can say that trading is also a good way of earning with regard to crypto. There are actually lots of ways to earn crypto including this one. And because of that, we can make ourselves profitable. There are techniques you need to consider when you do trading and you must have a solid portfolio for your guide. You must be knowledgable when entering in this kind of business or way of income because one wrong mistake can lose your money in just a blink of an eye. Trading is really a hard way of earning because since crypto is volatile in terms of price, we cannot predict when to pump up or when to dump in terms of value.
member
Activity: 139
Merit: 11
January 31, 2020, 08:17:13 AM
#37
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
You are just lucky, you are in the right trend for bitcoin; next time the same tactic will not work, buy low, and the market will go even lower. Although it must be admitted that this tactic can give a good harvest with due diligence.
member
Activity: 285
Merit: 10
January 31, 2020, 03:42:50 AM
#36
Welcome aboard OP. You gotta have to learn and keep learning in this space to stay safe. Try as much to keep your funds off exchanges as possible. The experience of losing money to exchanges is never a good one. You need a decentralized non-custodian wallet to be more safer. If you already have one, visit https://atomicwallet.io to download.
member
Activity: 770
Merit: 12
Trphy.io
January 31, 2020, 12:30:42 AM
#35
There is no 100% probability of winning in the auction. Therefore, I did not rejoice ahead of time. Maybe you will be led throughout the year, and then you will lose everything. Or maybe a blunder in a month. For this, study all the pitfalls, understand the essence, do not act on emotions. Emotions and money have always been enemies, they do not live together.
Trading does require more of your time so you need to be very knowledgeable on the coin you are trading and not just trading only even without prior knowledge about the coins you are going to trade. And since you have no assurance of winning or losing in the end, you have to be very patient because being impatient alone will only make you lose more in the end.

patience must also be based on analysis, so that we wait for nothing. in this case the time required cannot be ascertained, so it takes a strong psychological so as not to panic when facing market fluctuations. to support success in trading, psychology has the biggest role

copper member
Activity: 350
Merit: 1
January 31, 2020, 12:21:52 AM
#34
Firstly, I must commend your courage for starting the trading journey. You were able to make over a $100 effortlessly by simply holding bitcoin, it's wise you know that making profits is not always the case. Some persons bought btc at $13,000 and have waited for over 6 months and the value doesn't seem near where they can make profits.
full member
Activity: 411
Merit: 101
January 30, 2020, 11:44:20 PM
#33
It should be like that. Nobody wants to buy at a high price and sell at a low price. In a way, you can look for opportunities. Better like that. Make use of news to buy bitcoin. Short-term trading is very good for now. To minimize losses.
legendary
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 30, 2020, 08:26:45 PM
#32
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
There are many threads here that are connected into trading, For starters, you can use that kind of trading platforms to practice your skill in trading and it is a bit helpful to familiarize and understand the basics of trading.

If you got enough experience and techniques on trading you can step up and trade another cryptocurrency that makes you earn more profit than trading BTC/USDT. Gathering experience and building up your foundation when you are a beginner is a must for a trader.

There are many threads here about trading, You can browse Trading Discussions for more related threads.

So far what I've learned is there is no risk of losing your money here
I believed that there's always a big risk on trading, Even though you are trading on BTC/USDT, There is no assurance that you will earn a profit because there is always a bear market.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
January 30, 2020, 08:04:57 PM
#31
There is no 100% probability of winning in the auction. Therefore, I did not rejoice ahead of time. Maybe you will be led throughout the year, and then you will lose everything. Or maybe a blunder in a month. For this, study all the pitfalls, understand the essence, do not act on emotions. Emotions and money have always been enemies, they do not live together.
Trading does require more of your time so you need to be very knowledgeable on the coin you are trading and not just trading only even without prior knowledge about the coins you are going to trade. And since you have no assurance of winning or losing in the end, you have to be very patient because being impatient alone will only make you lose more in the end.
full member
Activity: 1048
Merit: 101
January 30, 2020, 02:09:41 PM
#30
Can you maintain your income? if you can get profits so easily it means you can read market prices, your predictions are sharp, and your analysis is correct. the problem I face in the crypto world is the difficulty of getting the right moment to do buy / sell orders.
yes, I'm personally the same as you mean about the right way to sell and buy it back. it sounds easy to say buy low then sell when prices are high, but in real trading it is quite difficult, even if we neglect it can have adverse effects such as losses, on the other hand that crypto prices are very significant, we must always be vigilant and must monitor Coins that being traded so as not to lose the opportunity to sell.
jr. member
Activity: 980
Merit: 1
January 30, 2020, 11:13:10 AM
#29
There is no 100% probability of winning in the auction. Therefore, I did not rejoice ahead of time. Maybe you will be led throughout the year, and then you will lose everything. Or maybe a blunder in a month. For this, study all the pitfalls, understand the essence, do not act on emotions. Emotions and money have always been enemies, they do not live together.
sr. member
Activity: 1036
Merit: 329
January 30, 2020, 10:49:37 AM
#28
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
No there is always a risk buying and selling any crypto even bitcoin. You only say that because you experience a trade in favor on you, if you will experience a high lost and btc and price go much lower than your expecting you will know how risky it is.
You just lucky that the price of bitcoin increase the day you buy it lower, but as you experience thats how simple crypto trading is.
jr. member
Activity: 714
Merit: 3
January 30, 2020, 10:40:43 AM
#27
Trading takes some guts. You're lucky to buy low and sell high be careful not to lose the profit you have gained. Gaining money in cryptocurrency is dependent on the amount you invest, your entry and your exit zone.
sr. member
Activity: 1428
Merit: 344
January 30, 2020, 09:52:11 AM
#26
I've been trading on BTC/USDT pair on daily basis and it has low risk, reason being that I set my stop limit. I do not just use the usual stop limit option, I use OCO (Order Cancel Order) since I can set my preferred sell order my stop limit and a lower limit in case there is no good volume at the stop limit. Trading is cool if you have stop loss in mind and if you are not greedy.
member
Activity: 742
Merit: 16
January 30, 2020, 09:18:00 AM
#25
OP target was 9200 dollars and now bitcoin is way over, i hope you've learned your lesson here, trading is very risky, what if bitcoin keeps surging from here on? You will feel very angry for holding that stable coin when you should be holding bitcoin
full member
Activity: 910
Merit: 100
elysian.finance
January 30, 2020, 09:16:03 AM
#24
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
to do a trading strategy by buying bitcoin at a low price and save it and then sell it when bitcoin prices go up it's a simple and not too risky way of course, but when we buy bitcoin it's not certain for example we save in the near future bitcoin then raise the price, but it could suddenly reduce the price, but for example we want to be patient to wait and sell when bitcoin prices rise again above the price when we buy it is certain we will never lose and of course it can actually be able to make a profit, so use whatever method to trade is up to where we want to do that, the important thing is we can get a profit, choosing to trade in binance exchange in my opinion is quite good.
sr. member
Activity: 1610
Merit: 372
January 30, 2020, 09:13:37 AM
#23
It is easy to talk about the absence of risks when you catch a bull trend on which everything is quite easy and simple.
Like you said buy low sell high. But if the market catches a bearish trend then what will you do?
There are always risks, those who say the opposite either lie for some reason or simply don’t understand how fundamental market mechanisms work.
sr. member
Activity: 1077
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
January 30, 2020, 05:53:07 AM
#22
You have got profit from it, then it is great. keep moving forward, keep learning as always
youll find the another scenario which make you disappointed. Im sure that youll get lose in the future, bcz that's normal

at that time, your intelligently is tested. you have to learn from your mistake
if not, youll give up with this crypto trading.
sr. member
Activity: 1330
Merit: 326
January 30, 2020, 04:31:45 AM
#21
Been using USDT/BTC pair, too. And yeah I am gaining enough profits from that pair that usually emphasize the value of btc. Your strategy seems working fine, the market goes on your side because btc pumped feom $8k-$9k. Newbies can really understand the essense of being a trader if they take a risk and do actual tradings. And yeah, that's the basic rule everyone here knew: Buy low and Sell it high.
hero member
Activity: 2072
Merit: 503
January 30, 2020, 02:49:43 AM
#20
but every trick requires close attention because when you let your guard down, you will get a loss. So far, I feel that it's best to trade with USDT because that can be a safe point when prices are down. Well, this explains why USDT has a bigger volume than bitcoin. however, that's a good tip for beginners, it's just that, right now people are focusing on increasing the number of their bitcoins, so many people choose altcoin trading over USDT / BTC.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
January 30, 2020, 12:36:08 AM
#19
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
Your strategy is not that bad for starters as you do it manually and you are not greedy which is good. What you have discover is the basic, buy low and sell high but what I like to your decision is that you trade safer with low risk because you only buy bitcoin which is in top 1 of the rank.

And now that the market is starting to recover, your first trade became successful and what will be your next move after earning some few bucks from your first trade. That will be your first hurdle and I hope that you can come up with a good idea in order to gain a profit again.
sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
January 30, 2020, 12:32:35 AM
#18
this trick is worked for those guys who have big capital for investing, they also can do arbit rage within exchange to compare price.
but if you are low budget traders, i dont think this trick will give you much profit.

im just trade with old trick that usually people use, that buying altcoin at low and sell it at high, invest on bitcoin need big capital to get big profits
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
January 29, 2020, 10:43:13 PM
#17
Congrats to you mate. Not everybody here got the same confidence as you did. Remember that trading ans even you bought it at a high price dont easily lose hope and dont sell it to lower your loss. Only fools would sell at a loss ends.

Trading has so many strategy and the one you mentioned is simply a basic one. Try to engage yourself more on reading patterns and market charts. This is what Ive practicing now so I can be more efficient on trading.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
January 29, 2020, 09:57:18 PM
#16
Good, almost everyone who are into trading might have got the same experience. At the beginning user finds it hard, once its been done. Further onwards they'll get adopted to the process of buying low and selling high. Everytime this isn't possible, and this can be overcome by having patience and making close observation on the market. This will help in knowing the market changes.
full member
Activity: 1526
Merit: 111
Pepemo.vip
January 29, 2020, 09:51:55 PM
#15
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.

Take emotions away from trades, avoid fud or fomo and stick to basics too.

Be wary of green candles especially in alts
Its good for us to found our rhythm in trading and its not easy at all. Keep it up, if you already found that winning strategy you need to stay on that and of course you should still seek for more strategies to use so you can earn more. Emotions should really set aside, don’t listen to your second thoughts and always depend on what’s on your trading list, FOMO is not a good one.
right, emotions must be kept aside, looking for a lot of strategies is good for exploring ourselves to find a good strategy system, because everyone must have a different trading style, so we need to explore our potential and remain confident, to remain consistent with the influence of outside influences

sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
January 29, 2020, 07:54:42 PM
#14
Looks easy, and this thread should be in the trading section.
btw I like the way you make money, I think altcoin is more promising while your trade is a long term trade.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
January 29, 2020, 07:51:00 PM
#13
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.

Take emotions away from trades, avoid fud or fomo and stick to basics too.

Be wary of green candles especially in alts
Its good for us to found our rhythm in trading and its not easy at all. Keep it up, if you already found that winning strategy you need to stay on that and of course you should still seek for more strategies to use so you can earn more. Emotions should really set aside, don’t listen to your second thoughts and always depend on what’s on your trading list, FOMO is not a good one.
sr. member
Activity: 1316
Merit: 254
United Crowd
January 29, 2020, 07:46:46 PM
#12
Can you maintain your income? if you can get profits so easily it means you can read market prices, your predictions are sharp, and your analysis is correct. the problem I face in the crypto world is the difficulty of getting the right moment to do buy / sell orders.
copper member
Activity: 242
Merit: 18
Proof-of-Stake Blockchain Network
January 29, 2020, 06:04:57 PM
#11
Yes. That is a good one. But that is just the basics of trading. It might have worked now. But that does not mean it will keep working as easily as that. Trading goes beyond that. You were right on time for the rise of the market. That is why you could make some profit.
And nobody has a single answer on how to trade successfully. It takes some reading, practice, and strategy to be a successful trader.
member
Activity: 406
Merit: 10
January 29, 2020, 06:01:24 PM
#10
Good for you, that you made a profit, but trading is unfortunately not that "simple". You could be selling at $9000, and watch the price fly to $25000 and watch it STAY there, leaving you behind.

Trading is not that difficult, though I advice anyone to think twice before getting started, as trading on centralized exchanges puts your money at risk.
Do some research on decentralized exchanges, goes for anyone reading this actually.
Blocknet's DEX is probably the best one out there in terms of decentralization and assets listed: https://blockdx.com/

Other than that, good luck on your trading venture Smiley
hero member
Activity: 2072
Merit: 656
PredX - AI-Powered Prediction Market
January 29, 2020, 06:01:12 PM
#9
-snip- I've asked about how to trade on here but no one gives me a straight forward answer -snip-
Can you share the link where you asked "how to trade" to people here? I doubt you didn't ask something in specific, so people just give you the answers generally.

-snip- 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 -snip-
Firstly, you choose a good place to trade your Bitcoin. Binance is very recommended exchange and it is the place where all people usually do trading. Then, buying and holding Bitcoin for several months is the basic way of earning profits through the volatility of its prices. The principle is "buy at a low rate and sell at higher rates". But this conventional way takes a bit longer time. However, as the beginning step, you did well start. 
member
Activity: 1540
Merit: 68
January 29, 2020, 05:57:53 PM
#8
That's the basis of crypto trading. You need to practice, find a winning strategy and dyor daily.

Take emotions away from trades, avoid fud or fomo and stick to basics too.

Be wary of green candles especially in alts
hero member
Activity: 1876
Merit: 512
January 29, 2020, 05:51:56 PM
#7
I hope you know trading is more than what you just explain, good luck to you first for taking that trade and work out fine for you, but you know you can also short, buy high and sell short. If you want to be a successful trader you need to learn, read and the most important thing be very discipline
hero member
Activity: 3080
Merit: 603
January 29, 2020, 05:05:37 PM
#6
So far what I've learned is there is no risk of losing your money here
Actually, there is a risk there. If you are keeping your bitcoin most of the time in an exchange, there's a chance that they might get hack and your funds will be gone forever. Binance is no exception because they've been attacked before and good thing that they've refunded all of those affected users.
If you're for the BTC/USDT pair, you have to be cautious about that scenario because if not, I'm not wishing though, that incident may happen again.
Just keep it on a safer vault or storage like hardware wallet and just sell and transfer it to an exchange if necessary.
member
Activity: 938
Merit: 13
AMEPAY
January 29, 2020, 05:01:38 PM
#5
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.
jr. member
Activity: 406
Merit: 3
January 29, 2020, 03:05:05 PM
#4
percentage of the low purchase price of $ 8,300 to the selling price of $ 9200? if counted, it looks like you got a profit of $ 900 and not $ 100. Sorry, maybe I miscalculated.
it means you are trading short and have made a big profit, maybe I'll try it next time if I have the capital to trade.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
January 29, 2020, 02:56:10 PM
#3
IQoption is not a trading site it's actually a binary trading it is just likely you are gamble and it is not the same as trading on Binance.

Trading with USDT/BTC is not actually a trick it is the basic way how to buy low and sell high. There is no trick there it is an old passion basic strategy to make profit on trading. If you stay with that you are far from losing except if the market is in bear market.
full member
Activity: 784
Merit: 101
January 29, 2020, 02:47:39 PM
#2
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.
member
Activity: 406
Merit: 14
January 29, 2020, 02:08:00 PM
#1
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
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