How to make a successful Trade? - page 14.

hermanhs09

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Localbitcoins is extremely easy to use. There is literally no risk since there's a escrow system enabled automatically every time you make a trade, and the admins on the sites are generally supportive if you have to open a dispute.

Another good site to do P2P trades is paxful. They are a similar site to Localbitcoins, but the release times are generally faster.

Bitcoinbee

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Quote from: socks435 on June 02, 2016, 12:09:12 PM

To be successful in trading better to study and experience losing first before you can learn how to trade and learn new strategy in trading.. honestly you can lowering the risk in trading and you can make a huge profit fast.. i am not successful in trading but this is my way.. buy low and selling high the same as other methods.. but you need a strategy to promote it or to lowering the risk.. of one of the altcoin you bought..

It is a nice strategy and I am on the process of practicing it to make trades more simple and faster to be doing with in the days to come. Safe trading for me is more than the priority that I have in the first place so I keep myself wide aware of anything suspicious and doubtful.

Bitcoinbee

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Quote from: amacar2 on June 02, 2016, 03:23:12 PM

Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Trading bitcoin on localbitcoin will be success if you find no one selling coin in your region or when there are lots of new money coming to bitcoin.

currently following that strategy in trading. I also wanted now to expand my reach to be able to go globally that is why I am trying to check for reliable and legitimate ones to be trading partners.

Bitcoinbee

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Quote from: Viyamore on June 02, 2016, 10:51:35 AM

As trading i must suggest to focus on a good trading sites which it was fluctuating by the means of many players on that site .generallyto make a successful trade you must have a minimum or big amount bought in a small price then it will be sold high price afterwards.

Been looking forward to buy btc's on downhill stage or if it is really going uphill then I still will be buying much for the hoard. The question is that, how will we base the fluctuating flow of bitcoin.

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Trading bitcoin on localbitcoin will be success if you find no one selling coin in your region or when there are lots of new money coming to bitcoin.

socks435

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To be successful in trading better to study and experience losing first before you can learn how to trade and learn new strategy in trading.. honestly you can lowering the risk in trading and you can make a huge profit fast.. i am not successful in trading but this is my way.. buy low and selling high the same as other methods.. but you need a strategy to promote it or to lowering the risk.. of one of the altcoin you bought..

Bitcoinbee

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Kindly include strategy and procedure if there are any and also the precaution. TIA

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Quote from: zeaderza on May 27, 2016, 02:08:36 PM

A succesfull trade is very simple to do.You need to buy bitcoin with a low price and sell on localbitcoin,where the price of bitcoin is high than other exchange.

Its easy if you just sell it in localbitcoin but it takes a long time before you bitcoin to be sold.. how about the other trading site like yobit if you buy low altcoin and sell it when the price is high do you think it always happen to make a profit? honestly is not easy than you think sometimes its unsuccessful some altcoin instead of increasing the price its reducing the price from original price to below the original price..

Viyamore

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As trading i must suggest to focus on a good trading sites which it was fluctuating by the means of many players on that site .generallyto make a successful trade you must have a minimum or big amount bought in a small price then it will be sold high price afterwards.

Bitcoinbee

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Quote from: Supercrypt on June 01, 2016, 12:05:00 PM

Quote from: coinplus on May 31, 2016, 02:45:53 PM

Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Accepting irreversible payment methods like Advcash, Perfect Money and OKPay can reduce the risk but still there can be a risk involved if the accounts are hacked ones.

Yes, for a successful trade, we need to take precautions like check if the member is reputed, if he has a good trust feedback and if he is willing to use an escrow. Usually people recommend their own escrow and try to fake the profile and hence you need to be alert and careful.

Don't have any deals on LBC with users who haven't had over 10-15 trades and have been active as they can turn out to be sold accounts.

That is a clear cut for an advice and I thank you for having have you guys sharing the precaution in having trades with different kinds of possible traders that I will be facing along the way.

techgeek

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trading can be any type of platform.

But if you a referring to before the trade even occurs - its based on your creativity on how you can get bitcoin for cheap basically and trading it back.

which most people buy and sell other products to do this.

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Choose the right platform to start your trading. If this has been done in the right way, gradually you could learn and earn more through trading. In my view localbitcoins.com is one of the best trading platform.

Supercrypt

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Quote from: coinplus on May 31, 2016, 02:45:53 PM

Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Accepting irreversible payment methods like Advcash, Perfect Money and OKPay can reduce the risk but still there can be a risk involved if the accounts are hacked ones.

Yes, for a successful trade, we need to take precautions like check if the member is reputed, if he has a good trust feedback and if he is willing to use an escrow. Usually people recommend their own escrow and try to fake the profile and hence you need to be alert and careful.

Don't have any deals on LBC with users who haven't had over 10-15 trades and have been active as they can turn out to be sold accounts.

Bitcoinbee

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Quote from: coinplus on May 31, 2016, 02:45:53 PM

Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Accepting irreversible payment methods like Advcash, Perfect Money and OKPay can reduce the risk but still there can be a risk involved if the accounts are hacked ones.

Are we having a lot of this kind of transactions where hacked accounts had been involve? It is kind of taking advantages due to laziness just wanting to have easy to get resources.

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Its easy to make a succesful trading you need only to buy the good altcoin at low prixe and wait it to rise the price of the altcoin and the it is successful now. In trading the hard is to find the best altcoin because almost all of the coin is not rising its always dump and dump and dump so it is hard to find the best altcoin.

bittrojan

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

yes its cool story if we succesfull on trading,but also sad story when we lost many bitcoin because trading,bitcoin price reach $500 and more,its why we need more money to buy bitcoin and keep hold it until havling,and then trade it with any price you want after halving.

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Quote from: Bitcoinbee on May 27, 2016, 11:38:31 AM

I once demonstrated a trade procedure for a friend who was new in trading bitcoins. All i did to make the trade successful was to introduce him with localbitcoins traders in our region. And he said that was cool after successfully trading.

Accepting irreversible payment methods like Advcash, Perfect Money and OKPay can reduce the risk but still there can be a risk involved if the accounts are hacked ones.

Sandroxa

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Quote from: Fatanut on May 29, 2016, 10:21:08 PM

Quote

How to make a successful trade?

I'm assuming that by 'successful' you meant 'safe'. Just use a trusted escrow and you'll be fine. But not every time escrows are available. If that is so, you should never go first no matter what the deal is. You can do 50% payment of buyer, then the seller sends the item, then after checking, the other 50% payment should be sent by the buyer.

You have to be for sure that you have to make some profit for sure and keep calm and safe so you are not losing that much money and that is nice.
But it wont be that easy to earn some money with trading because that takes also a long time until you have profit.

Bitcoinbee

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Quote from: upsidedown75 on May 30, 2016, 04:20:28 PM

Quote from: miningdude on May 29, 2016, 05:47:23 PM

If you want to make a successful trade you need to use escrow, then use a non chargeback payment method or you can simply use localbitcoins

Escrows too are unreliable these days and localbitcoins website is not trustworthy as many scammers there try to send fake escrow emails to release the coins first from the buyer. Instead of trading on LBC, it's better to trade on trusted websites like Bit-x or use Virwox to withdraw the bitcoins. Trading independently has a risk involved.

Yes that's a sad part for escrow being infiltrated by malicious personas doing scams within a trusted body. the localbitcoin in my region can't do scams because of their registration to comply with the governments rules and requirements, I can drag them to court.

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Quote from: miningdude on May 29, 2016, 05:47:23 PM

If you want to make a successful trade you need to use escrow, then use a non chargeback payment method or you can simply use localbitcoins

Escrows too are unreliable these days and localbitcoins website is not trustworthy as many scammers there try to send fake escrow emails to release the coins first from the buyer. Instead of trading on LBC, it's better to trade on trusted websites like Bit-x or use Virwox to withdraw the bitcoins. Trading independently has a risk involved.

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