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Topic: How do I trade bitcoin? - page 4. (Read 788 times)

hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 26, 2023, 05:14:32 PM
#37
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
This is a mistake, you are trying to rely on someone else to try to trade the markets, and while it makes sense to study the methods of other traders in order to improve your own, it seems you just want to follow those signals blindly and make money, and this is never going to work, stop doing this especially if you are trading with your capital and you are not just testing this strategy, as if you continue with this behavior then sooner or later you will find yourself losing a massive amount of money.
hero member
Activity: 616
Merit: 749
May 26, 2023, 03:53:39 PM
#36
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

I don't like using forex brokers to trade Bitcoin, you don't own any Bitcoin if you keep trading with forex brokers instead trade with cryptocurency exchange, we many if them and you can choose from them depending on your preference. Are you looking for a decentralized exchange to trade Bitcoin through P2P or you're looking for a centralized exchange that you can trade Bitcoin and other cryptocurency.

Binance exchange is one of the most popular and has a very high volume for trade therefore you can make use of them if you're willing to pass KYC verification and start using the platform for trading or you can make use of Kucoin that doesn't make it a must to pass KYC.
legendary
Activity: 2660
Merit: 1141
May 26, 2023, 03:48:49 PM
#35
OP is looking for a local exchange to make it easier for him to make deposits or withdrawals. although some centralized exchanges also provide P2P trading or can make withdrawals to certain bank accounts.
because the OP also hasn't confirmed where he's from. like some of the suggestions that have been given by other members. some exchange lists he could indeed use.

but my advice is because OP also wants to trade Bitcoin. it would be better for the OP to also have a personal wallet to store his Bitcoins or other assets offline when done trading. do not store it on the exchange when finished trading.
I think to use P2P services on a centralized exchange like on Binance also requires the user to register an account. They need to complete KYC to be able to use the service, but if the OP wants to trade without risking his personal data then bisq is the option.

Local exchanges will help him get easy service for deposits and withdrawals to and from his bank account. Even if it is centralized, but I think the government has licensed it for use, but still the safety of funds is the responsibility of each user. Don't make a centralized exchange as an investment wallet, it should only be used to trade and withdraw all funds once the trade is completed.
sr. member
Activity: 1008
Merit: 262
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May 26, 2023, 02:02:35 PM
#34
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
This is a funny scenerio and op need to be careful the way he uses different apps to trade online. Trading the forex market and the cryptocurrency is very different from each other that is why there is need to understand the crypto market to get a good result. In the forex market, you can easily trade it using indicators and listening to news to get hold of the opportunity to make massive profits in the market. In cryptocurrency market, news do not control the market because it can easily be manipulated based on the team and whales that are holding large holdings of it.
sr. member
Activity: 1022
Merit: 252
May 26, 2023, 01:24:51 PM
#33
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

Begin by investigating well-known cryptocurrency exchanges such as Binance, which frequently provide bitcoin trading choices. Make certain that the platform you use prioritizes security, with features such as two-factor authentication and cold storage for cash.  Consider looking at specialized bitcoin trading platforms such as BitMEX, Bitfinex, and OKEx, which may provide additional features and tools designed just for bitcoin traders.
full member
Activity: 602
Merit: 129
May 26, 2023, 11:35:45 AM
#32
I prefer to start with the local trading platforms for cryptocurrencies in your country because they typically offer comprehensive learning materials and instructions on trading in the local tongue. Additionally, because local platforms only work with clients of the same nationality, people with personal knowledge and numerous stories of people having difficulties with trading activities will receive support more quickly.
full member
Activity: 910
Merit: 100
May 26, 2023, 09:55:28 AM
#31
if you want to trade Bitcoin on the spot market, my advice is that you have to have a lot of capital,
but if you want to trade Bitcoin with a small capital, my advice is to avoid the spot market,
yes, because you know the price of Bitcoin is very expensive and increases are also very difficult,
I own capital $200 and buy Bitcoins but never grow, and I buy altcoins like VRA, CKB or XRP and they grow,
so you have to think if you really want to trade bitcoins.
full member
Activity: 1610
Merit: 103
The OGz Club
May 26, 2023, 07:24:09 AM
#30
trading in bitcoin in my opinion is more difficult than in altcoins,
because in Bitcoin there is no developer no news about its development but news from the world itself,
if the world is doing well then Bitcoin will pump, but if the world is not good then bitcoin will dump,
different from altcoins you can see good news from Ethereum, Ripple or Conflux and others,
therefore if you want to trade in Bitcoin make sure you can read charts or technical analysis personally.
hero member
Activity: 1246
Merit: 699
May 26, 2023, 06:40:46 AM
#29
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

There are lots of Decentralized exchanges and Centralized exchanges out there that you can use for your trading needs. You can go to coinmarketcap and go to the Exchange section and choose what kind of exchange you want to use after that it's better to pick the top exchange with a good reputation since there are already some exchange goes down in recent events.

OP is looking for a local exchange to make it easier for him to make deposits or withdrawals. although some centralized exchanges also provide P2P trading or can make withdrawals to certain bank accounts.
because the OP also hasn't confirmed where he's from. like some of the suggestions that have been given by other members. some exchange lists he could indeed use.

but my advice is because OP also wants to trade Bitcoin. it would be better for the OP to also have a personal wallet to store his Bitcoins or other assets offline when done trading. do not store it on the exchange when finished trading.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
May 26, 2023, 06:28:29 AM
#28
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
That's not true. You can start with the regular Spot trading before moving into Future trades which are volatile. Your first call should be to equip yourself with the rudimentary skill set for trading before diving into it. Have an intense practice and demo trade for a while before funding an exchange account. Here's a link to an app that can allow you have a feel of crypto demo trading. It's the Tabtrader. In case you use an android phone, you can download the Tabtrader on the Playstore.

for me trading forex or bitcoin is the same, I usually use the same indicators and the same techniques too, if you experience an analysis error, it's normal, try again at another opportunity.
It's the same thing with me. I don't know why those who are saying OP shouldn't use them are advising that way. Even when you open crypto trading platforms you will also get to find similar indis like what the Forex Trading platforms have. We've these indis on TabTrader, a popular crypto platform, and many others.
member
Activity: 322
Merit: 11
Tontogether | Save Smart & Win Big
May 26, 2023, 04:27:21 AM
#27
To trade Bitcoin, you can follow these basic steps. Firstly, you'll need to choose a cryptocurrency exchange or trading platform that supports Bitcoin trading. Sign up and complete the necessary verification process. Next, deposit funds into your trading account, usually in the form of fiat currency or other cryptocurrencies. Once your account is funded, you can start placing trades. You can decide to buy Bitcoin when you believe its price will rise or sell it when you anticipate a decline. It's essential to develop a trading strategy, set a budget, and manage your risk by using stop-loss orders or setting profit targets. Stay updated on market news and analysis to make informed decisions. Finally, consider using trading tools and charts to analyze price trends and indicators. Remember that trading involves risks, and it's advisable to start with smaller amounts and gradually increase your exposure as you gain experience and confidence in your trading abilities.
copper member
Activity: 2268
Merit: 539
DGbet.fun - Crypto Sportsbook
May 25, 2023, 11:42:11 AM
#26
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

It’s advised to trade Bitcoins on crypto exchanges. First make sure that Bitcoins and cryptocurrencies are legal in your country, then if everything is good, choose a reputable casino which operates in your country. I would suggest Binance for trading, as it is one of the oldest exchanges in the market and the users have never faced any issue from it. I can’t suggest you local apps or websites, moreover you shouldn’t try these local ones, as anytime they can scam exit, use global platforms for better security.
sr. member
Activity: 700
Merit: 380
🎗️🍁🎭
May 25, 2023, 03:37:07 AM
#25
Do not use forex apps at all for bitcoin trading. If you want, you can use good exchanges like Binance, kucoin to trade and you will feel comfortable. and scammers give different signals to avoid investing with their advice. and if you fall into the trap of such scams, you will definitely lose your money. So if you want to survive in the market by trading then definitely take the advice of a good investor. and if you trade or invest according to their advice, you will definitely gain in the future.
sr. member
Activity: 2184
Merit: 251
SOL.BIOKRIPT.COM
May 19, 2023, 05:57:43 PM
#24
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

There are lots of Decentralized exchanges and Centralized exchanges out there that you can use for your trading needs. You can go to coinmarketcap and go to the Exchange section and choose what kind of exchange you want to use after that it's better to pick the top exchange with a good reputation since there are already some exchange goes down in recent events.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
May 19, 2023, 05:41:13 PM
#23
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
Why do you want to have the bitcoin only trading apps? Most of the exchanges have bitcoin and from there, you can just trade only bitcoin even if you've got a lot of choices to trade with their supported cryptos. Choose Binance as it's the most recommended by most despite of it asking for KYC nowadays, still people don't mind having its compliance because of the service that they're giving and it's not hectic to go with them because the service they've been providing is actually good. They've got several markets for bitcoin and even if you only want to trade with some specific pairs for bitcoin, you can have it there.
legendary
Activity: 966
Merit: 1042
#SWGT CERTIK Audited
May 19, 2023, 03:24:13 PM
#22
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.

5G as per your name learn fast the basics of Bitcoin then understand the favorable market condition to invest or take entry rather than trading I will suggest my dear fellow a very loyal investment in Bitcoin using DCA which can make your dreams come true and you won't regret leaving the trading in any time frame. I assure you until you really have good trading capital to trade with and good skills.

This was fast advice on how the new generation likes
Regards -Hamza
hero member
Activity: 700
Merit: 577
May 19, 2023, 03:18:34 PM
#21
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
You can use MetaTrading app to create demo and practice it from there. Forex trading and cryptocurrency trading have a slide different. I hope MetaTrading is good for beginners as well so you can do well with it. You have to set you opening trade and closing trade so that the trading would close by himself if those you are not online. Though even at that you will still loss but it is less because the trading will not close when it has not reached your timeline. Either the loss bottom red line or the profit green line
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
May 19, 2023, 01:55:45 PM
#20
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
Let me make you to understand that you didn't try trading you tried the futures and options based on the statement you provided. Because there are lot of pseudo trading apps available on Play Store and app market which claims that you can make money and all you need to do is to predict the future movement.

I consider spot trading is the real trading where you buy a crypto on an exchange let's say Binance and wait until it rise then you sell it so at the end you made profits and this is how the trading works and just learn basics about trading before jumping into it.
full member
Activity: 1148
Merit: 151
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 19, 2023, 01:47:27 PM
#19
Friends, I have download different apps from forex trading and I use most of them trying to trades bitcoin but it seem too difficult and failing, forex indications and signals are not a match when compare to bitcoin so every buys or sells I end up close the market with red lines of loss. I want to know if there is a bitcoin trading apps, that's mainly for trading bitcoin? Like the blockchain but I need local apps or website links. Please assist with good response.
It's hard to give a good answer based on your question when you don't tell us which country you're from!

even though it is not recommended to use CEX, i agree with the recommendation from @mk4....for an easy exchange option for beginners, Binance is a good choice besides that Kucoin, e-toro and Coinbase can be other options (dyor which one is best for you).  i also heard the news that Binance has exchanges they control in several countries, maybe you can find out what exchanges in your country are partners with Binance.
hero member
Activity: 2366
Merit: 838
May 19, 2023, 10:27:11 AM
#18
You have many ways to trade Bitcoin and on many exchanges.

Awesome crypto trading
Use best trading weapons including Stop loss order and Stop limit order
Don't forget to do Dollar Cost Averaging DCA https://dcabtc.com/

Trading or DCA for investment, a same reason is to get richer. DCA can help you become richer and it will be more easily than get richer by trading.
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