Help me about TRADING | Bitcointalksearch.org

Oilacris

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Quote from: dotajhay on May 30, 2016, 10:56:23 PM

Can anyone help me how to know if the bitcoin price will decrease?
and how to trade bitcoins and earn?
Because i invest bitcoins in yobit.net but i didn't know how to properly trade bitcoins.

On the thing that you asked for on which you need a help on when bitcoins price will go down , definitely no one owuld really help you out because every traders do have this problem and also this thing is a normal thing on trading because no one could really predict on which way bitcoins price will move and thats the thing which hardens the situation. Trading bitcoin is just a basic buy low sell high but there are lots of things to consider . Better to study more before you engage into trading because you would lose money if you dont know what you are doing.

Fredomago

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Quote from: erickkyut on November 13, 2016, 11:07:20 PM

Trading is very easy if you have proper knowledge about it.
First, buy when the price is low and sell if the price increases! You need to choose what coin to buy because there are lots of coins now in the market but not all are profitable! Most of them are just shit coins which were created to scam people!!! Then, you need to know how to read market flow to know when is the best time to buy coins or when to sell them Wink

you will be needing some experience in order for you to seek deeper the more you involved with trading the more eager you wanted to learn the project, i think buy low and sell high is the common practice but there's a lots of things to consider not be burned out with your investment.

erickkyut

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Trading is very easy if you have proper knowledge about it.
First, buy when the price is low and sell if the price increases! You need to choose what coin to buy because there are lots of coins now in the market but not all are profitable! Most of them are just shit coins which were created to scam people!!! Then, you need to know how to read market flow to know when is the best time to buy coins or when to sell them Wink

jovs

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Quote from: dotajhay on May 30, 2016, 10:56:23 PM

Can anyone help me how to know if the bitcoin price will decrease?
and how to trade bitcoins and earn?
Because i invest bitcoins in yobit.net but i didn't know how to properly trade bitcoins.

First, choose the coin you want to invest in. Watch the graph, it may pump or dump. If you think that the graph will pump, do a buy order(must be on the top). After you bought the coin, wait for the gaph to pump or sell it quick as you buy with higher price than the price you buy.

StarofBTC

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Quote from: goldcoinminer on November 12, 2016, 10:07:43 PM

Quote from: cointabo on November 12, 2016, 07:37:17 PM

If you dont have bitcoins already, buy a few and register accounts on poloniex.com, bittrex.com and buy alternative cryptocurrencies and trade with them. The best strategy in making money off these is buying low and selling high for profit. Good luck and make your research well before investing anything.

Those sites are good if you are a big trader, they have a variety of high volume coins and you can trust you money with them. But if you are just starting up and you only have a little amount of capital, you can start with a small trading sites.

By small trading sites, do you mean new exchange sites? If your answer is yes, that must be a wrong suggestions.

We always must trade only with highly reputed and well established sites alone. There will not be any problem to trade with the low volume even in the big exchanges. Being traders, we must always focus for ever security measurements for ever capital.

rik3

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Quote from: dotajhay on May 30, 2016, 10:56:23 PM

Can anyone help me how to know if the bitcoin price will decrease?
and how to trade bitcoins and earn?
Because i invest bitcoins in yobit.net but i didn't know how to properly trade bitcoins.

No Bro Its Not Possible to Predict the Price of Bitcoin Because Bitcoin Price is Fluctuating and it changes Every Day So its not Possible.......
And Trading is Always Risky and If You Don't Know Properly About it then Don't Do it Now, Firstly Gain Some Knowledge about Trading and Them You can Start Doing Trading.....

goldcoinminer

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Quote from: cointabo on November 12, 2016, 07:37:17 PM

If you dont have bitcoins already, buy a few and register accounts on poloniex.com, bittrex.com and buy alternative cryptocurrencies and trade with them. The best strategy in making money off these is buying low and selling high for profit. Good luck and make your research well before investing anything.

Those sites are good if you are a big trader, they have a variety of high volume coins and you can trust you money with them. But if you are just starting up and you only have a little amount of capital, you can start with a small trading sites.

cointabo

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If you dont have bitcoins already, buy a few and register accounts on poloniex.com, bittrex.com and buy alternative cryptocurrencies and trade with them. The best strategy in making money off these is buying low and selling high for profit. Good luck and make your research well before investing anything.

MarketMagic

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This is one of the latest services for news and market analysis.Good services are out there if you look for them and can be useful.Here are some good free or donate trading tips for bitcoin v usd pair.

https://coins.newbium.com/post/4408-bitcoin-v-usd-market-signal-for-saturday-november

BitHodler

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Quote from: Mark02 on November 03, 2016, 09:05:36 PM

Quote from: Farma on June 26, 2016, 09:34:41 AM

it's very simple, you just have to guess whether the price will go down, according to the predictions you, if that's true, then you buy it, and if prices rise, then you sell it. pernjelasan simpelnya, buy when prices fall and selling when prices rise, it will make you earn

It may be simple to say " Buy Low and Sell High" well it is the wrong perception any newbie trader has. They don't research first on the coin they are trading. Whether that coin is not a scam or not. Plus, one needs to have a background check if this coin is pump and dump. Another is the liquidity of this coin in the market. Make sure to trade coins that are active so that your money will not be stuck in that coin and will not generate profit for you.

It may sound weird, but people that are sticking their nose into altcoins, are not looking for legit coins with boring market behavior.

They want to go there where the money is. And the money is exactly there where you expect the scam coins and pump and dump coins to be. So that's also where the majority of the people are.

People only care about their short term profits. If they have to put their money into potential scam coins, then they will do it without hesitation. All for the profits.

maydna

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Quote from: 20kevin20 on November 03, 2016, 04:18:36 PM

Nobody knows whether the price will fall or not. There are things happening unpredictable like the Bitfinex hack. It maybe won't happen again but who knows? Also I don't think anyone can explain about trading better than a course could. You should find these courses in your city.

i think there are few courses about cryptocurrency trading in every city and i don't think that there is any courses because not many people in one city have to know about cryptocurrency and i think if we have internet, then we can start to learn by ourself and then we can start to trading.

Ewinsane

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Quote from: BitBerau on May 31, 2016, 02:37:37 AM

Quote from: dotajhay on May 30, 2016, 10:56:23 PM

Can anyone help me how to know if the bitcoin price will decrease?
and how to trade bitcoins and earn?
Because i invest bitcoins in yobit.net but i didn't know how to properly trade bitcoins.

No one knows when it will increase or decrease, it depends on the market.
If u want to earn with trading, it has no point when u trade with 0.1 btc or something. I advise u to buy and sell btc with a margin of 5€ per bitcoin. So each btc u sell u get 5€ above the btc price and then u buy 5€ below the price, so u make around 10€ per traded bitcoin, which is not bad.

Don't buy and sell worthless altcoins, because yobit supports many shitcoins and doesn't care about it's users.

i agree with you that no one have knowledge that when is bitcoin increasing and decreasing its price and i think its depend on us if buy bitcoin then price go to high and when sell our bitcoin then price go to fall so simply bitcoin price is depend on adoption of bitcoin.

Zadicar

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Quote from: lionheart78 on November 03, 2016, 10:21:37 PM

Quote from: Mark02 on November 03, 2016, 09:05:36 PM

Quote from: Farma on June 26, 2016, 09:34:41 AM

it's very simple, you just have to guess whether the price will go down, according to the predictions you, if that's true, then you buy it, and if prices rise, then you sell it. pernjelasan simpelnya, buy when prices fall and selling when prices rise, it will make you earn

It may be simple to say " Buy Low and Sell High" well it is the wrong perception any newbie trader has. They don't research first on the coin they are trading. Whether that coin is not a scam or not. Plus, one needs to have a background check if this coin is pump and dump. Another is the liquidity of this coin in the market. Make sure to trade coins that are active so that your money will not be stuck in that coin and will not generate profit for you.

Well I agree, that lots of new comer thinks that trading is simply buy low and sell high, OP here is talking about bitcoin price and not some altcoin that is trading in the market. So basically the OP needed to know on how to detect if bitcoin price will go dip or uptrend. With that, i think OP should be focus on the news and development of bitcoin if he wants to know if the price in the coming day.

Right now the news about Chinese considering imposig CURBS, Capital control on bitcoin simply had a negative effect on the price, so news like these will likely tell you what will happen to bitcoin price next.

Listening and searching for new regarding in to bitcoins world would surely help you out to predict on what would be the price trend on bitcoins price. It may not effective as always but somehow would go on the same way depending on the news. With this kind of behavior or trading way you could surely make profits of it but not guaranteed because price is too volatile and may go on other side.

lionheart78

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Quote from: Mark02 on November 03, 2016, 09:05:36 PM

Quote from: Farma on June 26, 2016, 09:34:41 AM

it's very simple, you just have to guess whether the price will go down, according to the predictions you, if that's true, then you buy it, and if prices rise, then you sell it. pernjelasan simpelnya, buy when prices fall and selling when prices rise, it will make you earn

It may be simple to say " Buy Low and Sell High" well it is the wrong perception any newbie trader has. They don't research first on the coin they are trading. Whether that coin is not a scam or not. Plus, one needs to have a background check if this coin is pump and dump. Another is the liquidity of this coin in the market. Make sure to trade coins that are active so that your money will not be stuck in that coin and will not generate profit for you.

Well I agree, that lots of new comer thinks that trading is simply buy low and sell high, OP here is talking about bitcoin price and not some altcoin that is trading in the market. So basically the OP needed to know on how to detect if bitcoin price will go dip or uptrend. With that, i think OP should be focus on the news and development of bitcoin if he wants to know if the price in the coming day.

Right now the news about Chinese considering imposig CURBS, Capital control on bitcoin simply had a negative effect on the price, so news like these will likely tell you what will happen to bitcoin price next.

Mark02

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Quote from: Farma on June 26, 2016, 09:34:41 AM

it's very simple, you just have to guess whether the price will go down, according to the predictions you, if that's true, then you buy it, and if prices rise, then you sell it. pernjelasan simpelnya, buy when prices fall and selling when prices rise, it will make you earn

It may be simple to say " Buy Low and Sell High" well it is the wrong perception any newbie trader has. They don't research first on the coin they are trading. Whether that coin is not a scam or not. Plus, one needs to have a background check if this coin is pump and dump. Another is the liquidity of this coin in the market. Make sure to trade coins that are active so that your money will not be stuck in that coin and will not generate profit for you.

20kevin20

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Nobody knows whether the price will fall or not. There are things happening unpredictable like the Bitfinex hack. It maybe won't happen again but who knows? Also I don't think anyone can explain about trading better than a course could. You should find these courses in your city.

South Park

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I am terrible at Fantasy Football!!!

No one has a way to predict with 100% accuracy what is going to happen and bitcoin is not an exception as far as I know you can trade doing technical analysis by watching graphs and/or you can trade reading news about your favorite coin, for example if there is a hack then maybe a coin will lose some value.

StarofBTC

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Quote from: X-ray on November 03, 2016, 08:08:52 AM

Quote from: rekinthis on November 03, 2016, 04:25:04 AM

Quote from: mishra1994u on October 23, 2016, 02:37:23 AM

Trading in yobit is different with day trading of bitcoin in the exchanges.In yobit you can do altcoins trading where you buy and sell altcoins with bitcoins whereas day trading is buying and selling bitcoins only with price is fiat currency and best place for that is localbitcoins.

Well i think he wanted to know about altcoin trading. So thing you have to do is to check prices of some altcoins you want, and when one drops just buy some of it

not that simple,if you just lurking on the current price and always waiting for the right time then you can't maximize your profit,you need to do an analyzation so you can predict which one of rising or falling that will be eventually happen to the price of altcoins

Yes, trading always require lot of dedication for research and analysis on technical aspects.
When we are having technical analysis tools, I believe we could save our efforts and time significantly as many of them will give extra in depth analysis in visual. Without these tools, I believe I can not trade better.

X-ray

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Quote from: rekinthis on November 03, 2016, 04:25:04 AM

Quote from: mishra1994u on October 23, 2016, 02:37:23 AM

Trading in yobit is different with day trading of bitcoin in the exchanges.In yobit you can do altcoins trading where you buy and sell altcoins with bitcoins whereas day trading is buying and selling bitcoins only with price is fiat currency and best place for that is localbitcoins.

Well i think he wanted to know about altcoin trading. So thing you have to do is to check prices of some altcoins you want, and when one drops just buy some of it

not that simple,if you just lurking on the current price and always waiting for the right time then you can't maximize your profit,you need to do an analyzation so you can predict which one of rising or falling that will be eventually happen to the price of altcoins

Viyamore

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Quote from: rekinthis on November 03, 2016, 04:25:04 AM

Quote from: mishra1994u on October 23, 2016, 02:37:23 AM

Trading in yobit is different with day trading of bitcoin in the exchanges.In yobit you can do altcoins trading where you buy and sell altcoins with bitcoins whereas day trading is buying and selling bitcoins only with price is fiat currency and best place for that is localbitcoins.

Well i think he wanted to know about altcoin trading. So thing you have to do is to check prices of some altcoins you want, and when one drops just buy some of it

Yes ,but he doesn't know how many traders there are tired of teaching newbie's to trade .I remember when i started trading they just gave me the link of trading site then they don't teach me i've learn by asking and asking somewhere .
It isn't just buy low some altcoins that have low price with no proper guidance you will do not know there's a scamcoins right there especially on yobit but in some good point some of scam coins pump unexpectedly . That's why yobit is profitable for some altcoins that have been abandoned by developer.

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