Help with trading tips | Bitcointalksearch.org

Coinfan

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Quote from: Jeramy_Pal12 on August 26, 2014, 03:58:51 AM

I am a newer too, I want to sell my metal detector ,can anyone see this message,please contact me,good quality and easy to operate.

I guess this one was the mother of all off topics.

But my quote also answered your question about others seeing your post. Post it here: https://bitcointalk.org/index.php?board=51.0

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: Coinfan on August 25, 2014, 01:36:13 PM

People that think trading is a matter of luck or completely unpredictable, have to study a little more the subject.

There are coins so predictable that trading them is like having money on a deposit with amazing interest rate. You just have to look for them

As I get it, it is a note referring to my post. Okay. If so, did you ever ask yourself who pays the money for this "deposit with amazing interest rate" (I mean interest on the principal indeed)? Aren't you advocating a pyramid scheme here (which is "predictable" in respect to its ultimate outcome)?

cryptofan5

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If the person does not have knowledge and experience in trading, a good idea would be to get a trading bot and to see what it does. There a few arbitrage bots available on the market also that trade on two or more exchanges.

Jeramy_Pal12

newbie

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I am a newer too, I want to sell my metal detector ,can anyone see this message,please contact me,good quality and easy to operate.

Mieehayii

hero member

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I also recommend BTC-e, its an altcoin exchange, so best not to trading bitcoin on BTC-e.

Coinfan

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Merit: 217

People that think trading is a matter of luck or completely unpredictable, have to study a little more the subject.

There are coins so predictable that trading them is like having money on a deposit with amazing interest rate. You just have to look for them.

Of course, bitcoin isn't one of those coins.

tee-rex

hero member

Activity: 742

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Quote from: bitkilo on August 21, 2014, 06:53:08 AM

I signed up to bitcoinwisdom just to watch the movement and see what some alt coin are trading at but haven't really worked out what i can do by signng up, is this a trade site?
Also whats the minium amount i can invest in trading to have fun and learn, could i just play with $5 buying a few cheap coins?

As to me, trading in altcoins is rather a matter of luck, so I doubt you will learn anything from it (you could just as well try playing at some online casino). Otherwise, with just 5 dollars you can hardly do anything. I'm talking about stock and futures markets where you can actually get valuable trading experience. Just my 2 cents.

bitkilo

legendary

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https://www.bitcoin.com/

I signed up to bitcoinwisdom just to watch the movement and see what some alt coin are trading at but haven't really worked out what i can do by signng up, is this a trade site?
Also whats the minium amount i can invest in trading to have fun and learn, could i just play with $5 buying a few cheap coins?

soccosocco

sr. member

Activity: 392

Merit: 250

altcoin trading is unpredictable, I usually find the info via twitter and from here

for BTC i use btc-e and bitstamp

for Alt coin i use bittrex, btc-e, poloniex

whoknowsthisnose

newbie

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Who is as a trader or trodler on the go at exchanges, will get caught sooner or later: A problem occurs. Failed withdrawals/deposits, false balances etc. are every-day-events.

Then you need support and find that there are large differences in the quality of support. This has motivated me to open a thread "quality comparison of the exchanges' support":

https://bitcointalksearch.org/topic/quality-comparison-of-the-exchanges-support-743446

I want to encourage all of you to report your experiences with the support of the exchanges, as a helpful support for other user and inspiration for the exchanges.

Nawaytes

sr. member

Activity: 476

Merit: 255

altcoin trading is unpredictable different with forex,
not ust analyst the market also think smart when you will buy or sell,
and always learn by mistake Grin

Trade-Winds

member

Activity: 63

Merit: 10

Quote from: bitkilo on August 06, 2014, 10:47:36 PM

I would like to start trading altcoins, bitcoin in paticular. Can anyone give me tips on best place to start and some sites you use to trade, thanks

Bit of self promotion Embarrassed

but my Crypto Trading Diary thread might be interesting for you https://bitcointalksearch.org/topic/crypto-trading-diary-743940

gmx95

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Activity: 154

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There is so much trading resources that it is hard to choose the right one. Everyone has to decide for himself what is best. Successful traders have a touch, they can feel when is the right time to buy or to sell.

SecureErase

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Merit: 10

Quote from: bitkilo on August 06, 2014, 10:47:36 PM

I would like to start trading altcoins, bitcoin in paticular. Can anyone give me tips on best place to start and some sites you use to trade, thanks

CEX have started a regular blog on trading related topics, worth reading http://blog.cex.io/successful-trading-with-cex-io-trading-psychology/

FelixOliver

full member

Activity: 163

Merit: 100

First, forget all exchanges that have been mentioned. They are all irrelevant (except, stamp, finex, btce)

Go and join Bittrex. Study the market, find non-random patterns... confirm/re confirm these patterns.. then begin trading

Discipline is key.. People are getting hammered left right and centre due to greed.

bitkilo

legendary

Activity: 1638

Merit: 1010

https://www.bitcoin.com/

Quote from: trade-for-pokermoney on August 10, 2014, 05:31:38 PM

What is your goal? Just do it for fun, or do you want to do it seriously?

If for fun: just set aside an amount you are willing to lose and then read a bit about the coins, and then choose.

If serious: Start by reading technical analysis literature and fundamental literature.

Just a bit of fun to start with, see how i go then decide.

titulng

sr. member

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HubrisOne

BTC-e, and no second choose

TheGull

newbie

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Key place to start is to work out what you are willing to lose and then to understand your risk/reward appetite. The cardinal sin in trading is risking more than you can afford, a problem which is more likely to occur if you have a few wins early and get over confident.

Next, have a clear plan of when to take your wins and when to cut your losses. It is often tempting to just let losses run but it rarely works out well.

Finally, work out how and where you are going to play. There are a few ways to do it, specifically with or without leverage (a few different platforms offer leverage, including ours, but even these work in different ways (we have no margin calls and capped losses for example)) and using only longs or going both long and short.

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trade-for-pokermoney

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Activity: 112

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What is your goal? Just do it for fun, or do you want to do it seriously?

If for fun: just set aside an amount you are willing to lose and then read a bit about the coins, and then choose.

If serious: Start by reading technical analysis literature and fundamental literature.

Mobius

hero member

Activity: 988

Merit: 1000

I think that altcoins are very speculative. If you decide to trade them you should understand that you are speculating. It is also important to note that a lot of people try "pump" altcoins that they own so you should take everything you read with a grain of salt.

Topic: Help with trading tips (Read 2595 times)