This question is a bit gully in my opinion.
How do you build a television?
What is the best way to make someone fall in love with you?
Do your research.. learn the terminology and then these traders won't seem that superior to you.
People like to talk the talk in chat boxes about buy walls and things like that but very few will actually make consistent and considerable profits.
The easiest way to trade is to utilize price fluctuation.
Buy low, sell high and that's about it.
Experience will teach you a lot of things, but don't expect a pot of gold at the end of the rainbow.
Trading is risky, difficult and far from the best way to grow your coins.
Topic: How do I make money trading (Read 5059 times)
I think the most important part is to learn the basic before you can actually get involved full scale. Start small, forget about margin trading and learn to intepret the charts. Part of the skills is how to control your emotions during trading.
The problem with margin trading is that, when you win, you will have moderate gains and when you lose, you'll be facing huge loses.
In the world more than 90% margin traders have lost there money in the process of making money from these trades. It is quite difficult to guess the price movements in any currency so it is better trade with what ever your ready to loose but don't trade to become rich faster or barrow money for trading. If you do so then you may end up in bigger problems.
That 100% true, no will make big money in these margin trading. Traders should be very careful otherwise they may loose all the money.
The problem with margin trading is that, when you win, you will have moderate gains and when you lose, you'll be facing huge loses.
In the world more than 90% margin traders have lost there money in the process of making money from these trades. It is quite difficult to guess the price movements in any currency so it is better trade with what ever your ready to loose but don't trade to become rich faster or barrow money for trading. If you do so then you may end up in bigger problems.
The problem with margin trading is that, when you win, you will have moderate gains and when you lose, you'll be facing huge loses.
I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?
I suggest you to buy basic trading books, like forex for example. You need to learn the basics before. Then, try some service that permits fake trading (it's like a game, just to learn and you don't lose money). At the end, you can trade bitcoins at major exchanges. I advise you chinese exchanges, because of liquidity. Good luck.
Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.
no gambling is not like gambling, gambling is wrong, some people get lose and some people get win,
in trading some people need bitcoin some people need money ($)
I would disagree. For a newbie, trading is like gambling to them; in their minds, it's what they lose/what they profit, not them trying to exchange a currency. People trade to get a profit.
Traders usually trade in altcoins because they are totally unpredictable.And bitcoins are pretty stable as compared to them.
Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.
no gambling is not like gambling, gambling is wrong, some people get lose and some people get win,
in trading some people need bitcoin some people need money ($)
I would disagree. For a newbie, trading is like gambling to them; in their minds, it's what they lose/what they profit, not them trying to exchange a currency. People trade to get a profit.
and not all people trade to get profit
if you need money (fast time) you will sell your bitcoin in any rate
Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.
no gambling is not like gambling, gambling is wrong, some people get lose and some people get win,
in trading some people need bitcoin some people need money ($)
I would disagree. For a newbie, trading is like gambling to them; in their minds, it's what they lose/what they profit, not them trying to exchange a currency. People trade to get a profit.
Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.
no gambling is not like gambling, gambling is wrong, some people get lose and some people get win,
in trading some people need bitcoin some people need money ($)
trading bitcoin is something that requires experience and skill though, wouldnt really recommend it to the beginners without a good background in trading already.
btc-usd trading is way too risky.
I would go usd - eur trading instead of btc/usd. You can't go wrong with any of those: USD - EUR, both are major currencies.
I would go usd - eur trading instead of btc/usd. You can't go wrong with any of those: USD - EUR, both are major currencies.
Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.
you can learn about chart/graph about trading, you can learn more about bottom line, double top or like that if you want to be succes
but if you a beginner yu can use a simple way, buy low sell high
but if you a beginner yu can use a simple way, buy low sell high
it's very simple,,buy coins when the price is down drastically, then wait a few days until the price goes up
but bear your own risk
but bear your own risk
how about rate will down and dumped,
are you will still hold it ? and never try cutlose LOLCutting loss is term used by the following trend investors. They buy why the price is up at specific level. But they need to figure out when to cash out profit if price is still up, or cut the loss if the price is down.
Code:
btc-e chatbox
Seems legit.
The easy way:
Do a little research on the coin or coins you are interested in.
as others said. Buy on the bottom line and sell on the high line. Even a 4% profit is a profit.
Say you buy a coin at 100 sats it goes to 104 sats and you sell. If you have many coins. say 100k worth. That is still 40k sats earned. It does add up quickly. Just study and watch how people trade and when to buy and when to sell. highs and lows.
there are complicated ways as well but for a beginner. Just play and learn as you go. You will find your own way if you stick with it long enough.
Do a little research on the coin or coins you are interested in.
as others said. Buy on the bottom line and sell on the high line. Even a 4% profit is a profit.
Say you buy a coin at 100 sats it goes to 104 sats and you sell. If you have many coins. say 100k worth. That is still 40k sats earned. It does add up quickly. Just study and watch how people trade and when to buy and when to sell. highs and lows.
there are complicated ways as well but for a beginner. Just play and learn as you go. You will find your own way if you stick with it long enough.
belong a whales group or a smaller group that pump and dump coins all days the real thing is that being part of those groups you can make some comission ,soo this way is harder to invest and loose .
in low volume you kinda need inside info to make good profits, unless youre good a leverage trading futures
If you new on trading world, just do the verry simple trading. 
Like buy at the lower price and sell at the higher price.
Or you can learn from this forum, trading forum to learn techniques in trading.
I will not be too great in trading but at least can produce bitcoin per day.
Like buy at the lower price and sell at the higher price.
Or you can learn from this forum, trading forum to learn techniques in trading.
I will not be too great in trading but at least can produce bitcoin per day.
That is good to know.
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