Topic: How can we make success in Bitcoin Trading ? (Read 9062 times)

There is No Shortcut to Get Succeed in Trading Because If You Want to Be Successful in Trading Then You Need to Gain Proper Knowledge about Trading and Also You Need to Have ability Of Analyzing the Price and You Need Much Experience Only Then You can Succeed in Trading and Also You Need Patience in Trading to Make Some Profit........

by regular practicing keeping eyes on market value. experts openions and conclusion ar the tips of making success in bitcoin trading

Try short trade the low profit but fast you can double your btc using that strategy i'm using that for almost 1year and almost got 100 times of my deposit and still using that until now and you can try long trade but be careful read about the coin you going to buy if you will do long trade cause that strategy is so risky

It is no easy to achieve succes on every work/industry you come in,but im not saying its imposible to achieve succes.Facts to consider to achieve being succesful on trading is alot of time focus and patience.If you dont have this things then you will not succeed on achieving being sucesful on trading industry.For my experience as long as you have patience and you love what you are doing you can make it to succes.

all is not easy. whenever we want to trade we must consider bitcoin increase and decrease rates. each time has a different price ranges. we must be smart to choose the purchase price and also have to sell in a timely manner.

so we have to save the bitcoin we have then we wait until bitcoin prices high. after bitcoin prices high, we sell all bitcoin that we have in order to gain an advantage, but it may save bitcoin will not be that easy

Success through bitcoin trading is effective when real cash is used to make your bitcoin volume high. With a huge holding if you sell small amounts also it's profitable.

Averaging strategy. For a review far disadvantage when position with Arah kita opposite trend , as well as to review maximize profits while we unidirectional position with trend , We Can using Averaging Strategy .
The average is based on the meaning of Say is uneven - averaged. In position Opening, Expansion of the average singer is useful to review evenly - Opening price averaged position.

I agree with you, but to make trading success we must also make Bitcoin more used and popular, that will be good for trading.
Without popularity you cant trade that much so you wont make much money, so to make success it will takes a very long time.

Being successful in bitcoin very simple, if you know about the tactics of making profit. Also you need patience to handle all sort of customer based on their requirement.

you will make success in trading if you'll get profit yes? and to get profit, you must know 1 very very important rule of bitcoins and every other crypto trading, Sell your coins when they're expensive and buy only when they're cheap, if you will follow this rule, you will get profit for sure

by success you mean good profit? you have to know main rule then, buy cheap and sell expensive or you will get no profit at all

also buy/sell bitcoins only for begining because it is easy to predict it's price, because it is pretty old

it'll be very useful to study how to understand and interpret candlestick charts.
then to study technical analysis.
understanding supply and demand.
having a trading plan that fits your own personal requirements.
and definitely practice proper position sizing.

there are tons of useful tutorials and articles on different aspects of trading on investopedia.com for free. try them.
better yet google and find a few books on the mechanics of trading and just go through them at your own pace.

Big money may also mean big loss.One should be very careful while trading for it also involves risk of losing money.Those who bought bitcoins at $1000 still waiting to make profit off their Bitcoin

Easier said than done. There are plenty of noobs that don't know anything about trading. These people just buy because they think the price will go up to very high price levels while they don't look at how the market is performing, they don't look at the current sentiment, nothing of that all. They just put their money into something hoping they will make profit...

if you want to make success you must have patience and wisdom , also you must have money , big money means big profit .

it's a good method, but until now I have the analytical skills a bad price, but I would always learn until I was really good at it, because in my opinion, the most important of trading is the technical  analysis

success in trading only takes time and money.

you have to learn a little bit of technical analysis and spend some time reading about all trading related articles. then you have to start studying bitcoin market and how it changes.
after that only time and testing will lead to success.

That you have to make some profit. And that also depends on the value of Bitcoin, so it can be very risky and that is really bad.
We all hope of course that we can have some profit later in the future. But we cant control it and that is the problem.

choose the big exchanger,
observe and study the price movement,

only strategy in trading is prediction..the others is following by buy low and sell high..
analysis as perfect as possible and guess which way the statistics will go, up or down.

tradebots are questionable, unless you monitor it or something.

what if the trade bot sets off orders you didnt want to do then you come back leaving you a way lower btc balance..

I think an tradebot is the best way if you know how to use it. This should be on of the best trading bots available at the moment.https://www.haasonline.com

For making huge success in bitcoin you should have the good knowledge about it. Before you sell/buy think about it whether its the right time to do so or not....
You must be patient when you trying to sell. Wait for the right opportunity once you feel you are getting double of what you invested then sell it.

if you ask about bitcoin trading,we all will easy to answer it,but if you ask me about altcoin trading,almost all of we are will hard to answer. bitcoin trading simple as we trade other currency or forex,buy it when low,sell it when high,and we can collect so much information about bitcoin fluctuation,but altcoin trading is not simple like that.

Being successful through bitcoin trading is highly possible and can be achieved in a very minimal time if you have good knowledge in making predictions about the price of bitcoin.

Apart from following all that is shown on the exchange, you really need to also follow the coin development it self. If you are looking for long term payout then this would be paramount.

In trading you need to use your analytics skill to see the price movement, you need to follow the latest news that can affect the price and last one is know when to hold your coin and when to sell your coin

Yes, more and more are using bitcoin, then the price further, so that we can benefit from it, other than that people who are new to bitcoin also will definitely like bitcoin. so maybe we should buy and introduce bitcoin now to make the price rise

Bitcoin can be very good in the future. And that is good. But to make trading succes you must make Bitcoin more popular.
So that many people are going to use Bitcoin and that will be very good, but it is hard to control it.

Very good topic while instead of doing Gambling and loosing our money, We can do some trading and earn money is better choice. But in trading we have to choose the high value payer 1st and let's do small amount of trading 1st later we can increase our amount day by day and we can earn profit if you spend more time in Bitcoin trading means daily you will make huge amount in the end of the day. before that you should know about market rate how market price will be fluctuate and all. Mainly you have to wait for some time to earn huge profit this is the key to success in bitcoin trading.   

I agree with you, besides viewing and analysis capabilities required price chart, try the exercise with little capital first, and if you have advanced, then try it with a large capital

Understanding the tactics in trading itself takes time, After which small trading can be initiated to experience how much is the profit and if satisfied with the earned profit then can extend to higher trade volume.

Understanding it is very important before jumping in with the money you feel comfortable losing. There's a lot of people that jump in depending on their profits. That doesn't leave room to learn, you're going to need room to learn.

That works only for high volume trade.Trading is not profitable if it is done for less than 1 btc.It also involves high risk

Yes, the short-term gains can look and sound great. In hindsight it is very easy to say, "oh if only I bought 400,000 BTC when it was at 0.03 dollars". That is hindsight and it has its way of blinding newbies to thinking they can predict highs and lows. Looking back, it is always very clear what your decisions should have been. But looking at the right edge of the graph, not knowing where the line will be drawn next is the hardest part - DO NOT FORGET.

The best thing is indeed to make some profit. You must wait and sell it when it has a high value and that is very good.
And Bitcoin must be more popular and that is the best. But most important is just have patience.

'buy low, sell high,' – that is all ye know on earth, and all ye need to know.

you can start trading with 0.1btc i think it's a small amount, then divide into 3 part : 0.01 0.03 and 0.06
then use 0.01 to trade, if the price down after you buying, you can buy back with 0.03

I agree with you Wapinter, trading with little amount btc to make alot experience, so dont forget to analysis market. 

there is not single answer to your question, because nobody can show you the way except you on your own. this is just a little bit of knowledge to read charts and speculate and a lot of experience to be able to predict the market movement with the information that you can gather.

It's mandatory that you learn the tricks of trading.
Get yourself some ebook/mentor who can guide you.

Along the way you will learn how to read the market, predict movements etc. The next step would be to try it with little amounts and from there become a pro.

First thing is to make Bitcoin more popular. That is also very important. If it is not popular you cant make success.
I hope more people will use Bitcoin and they are going to trade or make an investment or something.

Many speculations are letting us know about price E rise and fall dude. People are making good speculation as much they can. In their view I can say It achieved also.

as i learned in several months here, you must have a ability to predict what will happen in the future.
because it is needed in order to predict whether the price will go up or even fall. 

Getting success is based on the attachment you have with the bitcoin as well doing trading analysis based on the bitcoin price. Only if you are good enough to predict the bitcoins price in accordance to time you can be successful easily. Else a long study of bitcoin is required.

It depends on the capital you want to invest and the nature of trades you want to make

You can hold bitcoins and sell when price is up as stated above

Select few Alt coins which have potential and start investing in them

Suggestion given by above mate is the simplest way by which you can grab good profit without getting much into the complications.

what do you mean succes?got big profit?if that's true,you must be start with big funds to trade bitcoin,try to trade with 2 or 3 BTC,and you will get big profit,buy when the price low,and sell it when the price high.

not always buy low sell high..sometimes we need to buy high sell higher..

Posted From bitcointalk.org Android App

Circle and Bitreserve, 2 much-heralded Bitcoin start-ups launching case and cash transmission product in beta type in the week, have one thing in common: each corporations don’t need new users to waver the very fact that they’ll be exploitation Bitcoin. each corporations can use the Bitcoin protocol to store price and move it round the world quickly and with low-transaction fees, however their users can barely remember of that, as price are going to be displayed in U.S. greenbacks or the user’s native currency of selection.

might be OP mean is how can he does make success in bitcoin trading without big losses and could earn profit everyday only just do a trading activity

simply choose the big exchanger,
observe and study the price movement,
and then placing position when you buy or sell bitcoin ..

Well, trading is not easy, but not difficult too.. 

one way to play a good trading is, look at the statistics coin will you buy. analysis as perfect as possible and guess which way the statistics will go, up or down. it can make a profit in the trading world

But in here itsnot easy to predict...my predict always missing in here...or maybe the only way in here is just holding it with low price and sell it in high price for a long term?

To actually predict the direction of movement is hard. The only consistent and predictable way to make money is arbitrage.

I think the only strategy in trading is prediction..the others is following by buy low and sell high...or anyone have a good idea in trading?please kindly share...

Here you go, you can watch this great speech presented at Bitcoin Investor Conference. Good way to know more about Bitcoin Trading Trends & Strategies.

https://www.youtube.com/watch?v=CRQfNbpIqTw

You can have success by buying low and selling high.

Make smart investments and always make sure you're getting profits out of the things you sell

Patience would help out a lot too,

So, what you're saying is to sell for higher than what you bought the Bitcoin for...

ps - I never claimed it was easy.

not easy as what you say, better to set Goal in profit and lose
example :
you buy bitcoin at $300 so your goal +10% and -20%
so you can sell if the price up to $330 and your profit 10%
and if the price down to $240 so your lose -20%

It seems to be that you need to understand the bitcoin market like you would any other currency market in order to completely understand how to trade BTC.  You need to understand how to watch the market and trade it when you think it ready to make a move, just like you would with any other currency or stock.

Buy low and sell high.

you must can do this
~ manage your fund
~ manage your emotional
~ manage your time
~ read more news
~ gather with trader
~ the importnat point, set your goal at profit and lose

you can be successful and by the way you also need to be patient
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.

This! If you are trading with low amounts, you are just a little fish. Bitcoin market is still very, very small, easily manipulated by the big players.

The best thing you can do if you decide to trade with low amounts is to try and ride the waves. Knowing when to get in and get out is essential here since you van get easily burned if you are not careful!

i think if you're good, it does not matter how much is your bankroll at the beginning, you can always go with leverage and increase it in no time, as long as you're a professional traders and you knwo what to do

it's all come to experience, but i beat that with other pro you won't earn that much, it's a bit like a poker  room full of reg/tigh reg etc...

if you trade with euro
u can use kraken, also u can use bitcoinwisdom to monitoring bitcoin rate
https://bitcoinwisdom.com/markets/kraken/btceur

sometimes i acces with my mobile

Reading, lots of reading. I haven't gotten into trading as of yet, because I'm doing my best at understanding the tools available, and the forces that make the markets move. I want to trade not only bitcoin, but several other cryptocurrencies. There's an entirely new ecosystem growing, and I suspect we'll see amazing things. For now...
Understanding it is very important before jumping in with the money you feel comfortable losing. There's a lot of people that jump in depending on their profits. That doesn't leave room to learn, you're going to need room to learn.
All in all, knowledge is power.

I do not have any trading information but I know one thing. If you have got a huge amount of money you can win, but if you have got little amounts, do not waste your time with trading. Big fishes are always eating little fishes.

if you mean basic way to make a success. “Buy Low & Sell High” that so simple. but first of all you need to keep an eye to the movement price watch carefully and learn on it. make yourself from zero to hero! everyone use that principle.

basically that which must be known before the trade, look for the famous coin whose price was falling at the time, maybe the price will go up

be patient for waiting your profit

For this its good the follow updates that go with the coin itself. Knowing the community, the devs, and the outlook will help predict if the price will rise or fall.

we can think again about Quantity trade and Qualiy Trade (only my opinion)
Quantity Trade is trade with take small profit but we do it 3-5times perday (like you take 1-2% profit if you do it 5times you can get 5-15% profit)
Quality Trade is trade with take huge profit like hold it for 1-2month and sell it with profit 100-200%

is not it upside down ??
may mean you buy at a low price and selling at a high price

Apart from following all that is shown on the exchange, you really need to also follow the coin development it self. If you are looking for long term payout then this would be paramount. If you are looking for short term then it can be a little riskier.

Trading is a lucrative field but one must be very cautious for it involves risk too.To start off the basis of trading,you can try the exchange in my signature.It offers various free coins every day that you can use to learn trading

I'm not into trading but I think you will succeed in trading if the price is going up and down. Buy low , sell high thats all i know. For me, trading is one of the hardest way to earn bitcoin. It's hard to learn.

Hey Thanks for information. I go for Euro.

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