Topic: How can we make success in Bitcoin Trading ? - page 5. (Read 9051 times)

Try to analyze charts and price movements. You have to calculate a price changing motive, so you know how the price changes. Once you have some profit sell it and repeat, your first goal is to not lose anything. Only gain do not ever lose.

In a bull market it is hard to lose money. In a sideways market like we have now it is challenging to trade. If you believe bitcoin will be over $500 a year from now just buy and hold. If you want to get the best price wait for a day when bitcoin sells off on high volume and buy when new members are posting doom and gloom on the forum. There is a good chance bitcoin will see $200 again before it makes $500.

One way I like to invest bitcoin when price is in a sustained uptrend is to buy GH/s at Hashnest. Just look at the internal market chart for S5 hashing and buy when an uptrend in S5 price establishes. You can keep for a few months and sell at a profit and also have the daily mining income extra profit.

Buy high, sell low.

Im not sure if it can helps you somehow, im just trying to learn trading too you can try investment.com to gather some infos that you need like news or charts the same way as im doing daily. Its an android app that you can download and available on google play, goodluck to your learnings.

The best way to learn is by doing and taking the first steps in trading simply buy some, watch some videos on it to get a better understanding of it and read up on trading its simple enough. Not everyone is going to reveal everything on a plate and give you everything. With the details provided already that should be enough info on how to trade. If if you are not knowing about bitcoin much then I would advise  watching videos on it and learning how to be secure and making sure you got plenty of back ups of your wallets. Once you got that covered then to start trading small amounts and then going up nd working your way up the ladder.

What exchanger you want to use ? chinese yuan ? USD ? EUORO ? CAD ? IDR ? SGD ?

- choose a big exchanger with big volume
- if that canger give you feature to take LOAN (like huobi) u can use it to double your profit
- take a small profit, and repeat it everyday

Really Big Thanks to all. The suggestions are more informative. Like to know more ..

Easy way to do this. Buy on lows sell on highs repeat it. Start with a little bit of coin maybe 0.1BTC as test funds, try doubling it with maybe doing smaller trades anywhere between 2 and 3% also taking into account of fees for buying/selling to gain profit. You can trade throughout the day on most exchanges. You could also go for, alt coin trading, trading different pairs of crypto other than bitcoin on some big active exchanges. Id stay well away from ICO coins as most are 100% distributed by devs go on exchanges massive pumps in prices and massive flash crash and removed off exchanges, or have no real value than the creator and devs to gain profit and scam others. Right now theirs a lot of patterns and red flags right now with a lot of new coins that come out. All seem to offer is same services features and crap to capitalize from. Find out about different types of crypto that come out and see what they got to offer. Stick at checking news and comments on different coins and check what others are saying to see if they are going to be worth while of grabbing some of them and trading with. Sometimes its taking a risk and gambling other times you can do calculated risk as above and earn a good income from it. Takes time to master but once you see results you will soon progress. Good luck in trading and the best in the future.

preparation prior to trading is that studying the rise and fall of the price of a coin, if you were able to analyze it, maybe you can profit 

Start a successful exchange instead.

if you happen to have some medium qualities or you have a crystal ball that shows the future you are in a good spot to start trading.

You need to read a lot and learn a lot about Bitcoin. Follow the news, both negative and positive news impact the price of Bitcoin. Get on Twitter and start following some traders. In this way, they will either confirm your thinking about next movement or they might even warn you that something is coming.

You also need to find out a bit about psychology of Bitcoin users and Bitcoin market. Bitcoin market is new and has a great potential. This tends to build a lot of fear when the price is going down or a lot of hype when it's going up. The key is to recognize this and to ride these waves.

Good luck!

im not related in trading but im trying to understand it sorry newbie

more than the price the trend of it, i'm talking about the graphic, what the graphic say can tell you approximately the next move of the market

however the point with trading was never to have a perfect prediction, but to be far ahead from the wrong one

Start off with little amount to gain some experience and gradually start trading in large volume.

i think you should study the market carefully before buying or selling.
in that way, you can be successful and by the way you also need to be patient
.because it is the key to it. if you lost it, then it will cost you a large lost.
be careful always... and make a wise trade. goodluck....

regards,
cyneo

develop your ability to analyze price, and you can profit when playing trading

Hi guyz. Suggest me some ideas . Waiting for your reply. Thanks