How does everyone trade? | Bitcointalksearch.org

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: Hipster999 on September 02, 2017, 06:45:01 AM

We choose a coin that undergoes a price reduction for a certain percentage. Then buy a few coins with large volumes. After that, you just sell at a decent price. And you are provided with earnings.

Depends the cycle of them, if you choose altcoins in bearish trend and want it comeback to old high price, maybe you are wrong. Example: Stellar, Digibyte, Ripple, Siacoin ... are altcoin like your said, they are altcoin from highest price drop down until today and still not recovery. Grin

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: kotajikikox on August 28, 2017, 11:13:18 PM

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

as of now i plan to join in the trading industry if i have enough coins, why people does everyone trade it because trading is the good investment, capital profit almost become double earnings, as i know trading is a long term investment but you can get a good return profit with you patience and skill as trader.

There is a lot of on going campaigns that is running today, You can apply and work to them and its all about advertising so they are looking for users here in this forum that has constructive post and good grammar. So i suggest that you should reach your rank as a junior member first then apply to any campaign and there you can earn for your capital to start trading.

Hipster999

full member

Activity: 173

Merit: 100

We choose a coin that undergoes a price reduction for a certain percentage. Then buy a few coins with large volumes. After that, you just sell at a decent price. And you are provided with earnings.

putrisa

full member

Activity: 420

Merit: 100

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

actually trading the theory is very easy, ie buy and wait for high prices and sell.
1. we can buy bitcoin at bittrex / poloniex and other bitcoin exchange market.
2. I use the exchange of USD to BTC and more
3. of course yes i will convert again to bitcoin because bitcoin price can be very expensive
4. I will exchange bitcoin to USD when I just need it, otherwise I still let it in bitcoin form.

Lanatsa

hero member

Activity: 2968

Merit: 687

Quote from: MiXxe on August 29, 2017, 12:32:33 AM

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

Generally i buy bitcoins in exchanges and on the bitcoin app we use in my country.
I use many exchanges ,but mosty bittrex and polo.
Yes , i use to trade all in bitcoins and after selling go back in btc.
No ,i don't convert i use bitcoins to withdraw .

He means on converting your bitcoin to fiat for you to withdraw directly either on your bank or any other options. We do really need to convert it to fiat if we do tend to cash out it.Yes, we can purchase bitcoins on exchangers and we do select on the exchange which would really suits us. Bittrex,Poloniex are the common place on where people do usually buy bitcoin and also using Localbitcoins.

glowing10

full member

Activity: 812

Merit: 142

I buy btc from the exchange available in our country. There are couple of them who are reputed and provide good service. So generally I buy from them and hold it. In case if my friends require I sell it to them or else sell them back to the exchange once the price rises. I do not convert btc to altcoin. From profit earned I but back some altcoins.

MiXxe

sr. member

Activity: 462

Merit: 250

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

Generally i buy bitcoins in exchanges and on the bitcoin app we use in my country.
I use many exchanges ,but mosty bittrex and polo.
Yes , i use to trade all in bitcoins and after selling go back in btc.
No ,i don't convert i use bitcoins to withdraw .

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: kotajikikox on August 28, 2017, 11:13:18 PM

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

as of now i plan to join in the trading industry if i have enough coins, why people does everyone trade it because trading is the good investment, capital profit almost become double earnings, as i know trading is a long term investment but you can get a good return profit with you patience and skill as trader.

Trading is not a long term investment because long term investment is just investment alone where trading is not like that because you are trading different coins frequently and you are the one who will decide of how much profit do you want for your capital. It needs skill and patience before you can make money in trading while investment just need patience alone.

olubams

hero member

Activity: 798

Merit: 503

If anyone is smart and you using a large platform the issues of fees as a result of transferring will be minimum and also when you sell and make profit, you care less about the fees. Imagine putting an amount in trade and you make 100% profit with the hour, then there is no point in being concerned about the fees and this issue of fees always discourage people from moving funds out of exchange sites but one should not be concerned with that better lose some than all.

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

as of now i plan to join in the trading industry if i have enough coins, why people does everyone trade it because trading is the good investment, capital profit almost become double earnings, as i know trading is a long term investment but you can get a good return profit with you patience and skill as trader.

suryati

sr. member

Activity: 658

Merit: 251

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

This is my experience of learning trading, i try to answer your question :
1. I don't buy bitcoin because i get bitcoin from join bounty campaign the give reward altcoin and i change to bitcoin from their market.
2. I use Bittrex because i think there a many coin can we choose.
3. Analysis of the coins to be purchased where to buy coins when the price graph falls after it returns to sell at a price higher than the purchase price.
4. If I think I've got enough profit, of course, some of it will I pull into cash by using local exchanger and pull it directly to the local bank

But i still to learn more because i just get profit a liittle more $15 so I have not drawn it to a local bank Grin

lovesybitz

sr. member

Activity: 868

Merit: 289

Quote from: TheCoinFinder on August 22, 2017, 12:13:36 AM

Everybody has their own strategy to trade with cryptocurrencies. I use localbitcoins to buy and exchange crytocurrencies.
I usually trade some major altcoins but i have kept bitcoin as my primary digital currency.

In addition to that, many of the traders here they're not truly sharing their real strategy, it is a simple strategy and basic only which they tell us here like buy at low then sell at high, it is something like that.

Babyrica0226

sr. member

Activity: 854

Merit: 252

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. Where do you buy your bitcoin from?
- I don't buy bitcoin instead I'm buying altcoins on trading then sometimes I bought coins in the ICO project campaign.
2. What exchanges do you use?
- I usually used bittrex.com, etherdelta, poloniex, hitbtc, and novaexchange.
3. When you buy alt coins and profit, do you convert back to btc?
- Yes, that's what most traders do.
4. doesn't that defeat your alt coin profit?
- of course not.
5. Do you convert from bitcoin to usd to withdraw?
- I converted my Bitcoin to my currency here in my country through merchant we had it in here who accepted bitcoin as payment then
encashing it through remittances.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: Potato Chips on August 28, 2017, 02:21:02 AM

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I don't buy bitcoin, i earn it

2. Poloniex and bittrex only as of now

3. i haven't done trading altcoin to altcoin, i always do altcoin to btc or vice versa so yes i inevitably converting it to btc but with a higher amount because i profited right?

4.No i don't convert my btc to some local currency when withdrawing. if i'm gonna sell it for my local currency is usually wait for a pump

it depends on what service you use but in my case what i use is kinda cheap and the miner fees are just $1

That’s a smart move if you never buy bitcoins rather earn them. Earning bitcoins is far safer than buying them at high rates. People usually offer to sell off their bitcoins when prices are high. By earning bitcoins, you are never in loss if the prices are even dumping. I am also practicing this strategy.

Potato Chips

hero member

Activity: 2786

Merit: 902

yesssir! 🫡

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I don't buy bitcoin, i earn it

2. Poloniex and bittrex only as of now

3. i haven't done trading altcoin to altcoin, i always do altcoin to btc or vice versa so yes i inevitably converting it to btc but with a higher amount because i profited right?

4.No i don't convert my btc to some local currency when withdrawing. if i'm gonna sell it for my local currency is usually wait for a pump

it depends on what service you use but in my case what i use is kinda cheap and the miner fees are just $1

SMSabuj

sr. member

Activity: 602

Merit: 251

I am a professional Web Designer and Developer

There are a lot of exchanger to Trading. But I use some popular exchanger such as Bittrex, Liqui, Cryptopia, Nova etc. I always buy Bitcoin on my local market. I always buy Altcoin on ICO times and when Altcoin dumps. Usually, I trade with Bitcoin and Ethereum. I don't convert Bitcoin to USD. But when I need money in my local currency I sell Bitcoin on my local market.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

I buy bitcoin from my friend and from exchange platfrom like bittrex or cryptopia using my alt coin.also sometimes bought from localbitcoin and paxful.

I am using a lot of exchange platfrom.among them Bittrex, poloniex , cryptopia , liqui is largly umm using.all of them are safe and sequre to me.

I buy alt coin when the price is down from the ICO price.its a most profitable way for buy bitcoin.

Now i am only withdrawing my BTC by converting them into ETH, I like to hold ETH.

deddod

sr. member

Activity: 476

Merit: 250

1. I bought bitcoin from www.vipbitcoin.co.id
2. I started the altcoin trade at www.bittrex.com
3. Yes, I redeemed my altcoin profit to bitcoin. If the bitcoin price is low I hold bitcoin until bitcoin price returns good.

Indeed the fee is now very large, but not compared to the benefits I received.

eagle10

sr. member

Activity: 840

Merit: 252

Quote from: lokkom on August 21, 2017, 08:47:02 PM

To start,

1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I buy bitcoin from local exchanges, you can buy too from yours or try the localbitcoins.com then transfer them to my own wallet or straight to my exchanges I use:
2. What are they? Bittrex, c-cex, poloniex.
3. I trade in the BTC market. So i guess, no need to convert already.
4. No conversion to US$ to withdraw. I just use my bitcoin wallet and my local exchanges to convert. Or you can send the withdrawn money straight to your local exchange. This is more safe than withdrawing with fiat money. why? some altcoin exchanges do'nt allow fiat withdrawing and you find your money stuck in their system long time before they act on your support ticket.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Everyone trades by doing buy low sell high and most of the traders know that and even the newbies are doing that. They most trade altcoins because they know that there is a high potential in altcoin rather than bitcoin because in bitcoin it is a slow process of getting profit but in altcoins anytime you can make profit because there is a lot of altcoins to choose.

Topic: How does everyone trade? (Read 1543 times)