Topic: How does one increase one's odds in the speculation game? - page 2. (Read 2365 times)
by not playing?
Volume is the total size of trades that have occurred over some period, usually 24hr with bitcoin stuff. Depth refers to the total size of outstanding buy and sell orders.
Why are you buying and selling?
You need to figure out what your edge is, there isn't just free money available to everyone who trades.
Why are you buying and selling?
You need to figure out what your edge is, there isn't just free money available to everyone who trades.
There is of course http://en.wikipedia.org/wiki/Technical_analysis . But most of it is just nonsense.
Howdy,
I have been in BitCoins for about a month now but I can't help but feel like I am relying too much on blind luck when making my buy/sell orders. What tools and information should I consider in order to increase my chances of success when trading at the BitCoin exchanges?
To be sure, I am very inexperienced; for instance, I have heard that a person should study the volume and market depth although I am not sure I know the difference between depth and volume, at this point. Are there different sources of information that would be worth studying, as well?
Any help would be appreciated. Thank you very much.
I have been in BitCoins for about a month now but I can't help but feel like I am relying too much on blind luck when making my buy/sell orders. What tools and information should I consider in order to increase my chances of success when trading at the BitCoin exchanges?
To be sure, I am very inexperienced; for instance, I have heard that a person should study the volume and market depth although I am not sure I know the difference between depth and volume, at this point. Are there different sources of information that would be worth studying, as well?
Any help would be appreciated. Thank you very much.
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