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Topic: how to start to trade bitcoin? (Read 515 times)

sr. member
Activity: 616
Merit: 250
October 05, 2017, 06:22:02 AM
#31
If you have enough funds send that to your chosen exchange site (for me bittrex) then you can sell and buy there in their market but be sure you are ready to take risk when trading.
full member
Activity: 336
Merit: 100
Personal Account
October 04, 2017, 11:12:53 AM
#30
Bitcoin,   Ethereum ETH, Monero XMR, Factom FCT, DASH, are all leading coins and traded the most volume daily. You should follow the coin’s chart and identify low and stable periods. Such periods are likely to be a consolidation period by the whales, and when the right time comes, accompanied by a good press release of the project, the pump will start and they will sell in profit.
sr. member
Activity: 612
Merit: 250
October 02, 2017, 12:25:13 PM
#29
yes if I think personally depends on ourselves how good. if according to us accordingly yes we do if not yes we leave.
You are absolutely right the value of the income the profit of the user is depending on the value of the skill that the guy has if you’re having the good skills then the use of the bitcoin and the process of the bitcoin earning will be very easy, the price of the bitcoin is high and the time of the increase in price is not so far so the most important thing in this case is the patience.
legendary
Activity: 1540
Merit: 1029
October 02, 2017, 10:14:24 AM
#28
Just be careful and only trade what you can afford to lose. At the end of the day, it is largely a form of gambling. Holding has proven to be the best bet, long term.
hero member
Activity: 910
Merit: 523
October 02, 2017, 10:13:05 AM
#27
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

Be ready to lose your funds.
Trading isn't an easy way to doubled your money.
Normally, buy bitcoin and hold it for certain time, 2-3 months will be profitable.
But, there are some events that must be considered which has an effect to bitcoin price, such as crypto regulations in China.
If you planned to trade bitcoin, buy and sell it everyday, it will be hard to get profits, as you need bigger capital to start, and be ready to loss. What you have to do is; constantly check the news to get more information about bitcoin development which will affect the price.
sr. member
Activity: 616
Merit: 250
October 02, 2017, 09:54:22 AM
#26
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?
for me the way to succeed in trading is we have to have a lot of information about altcoin and also have to do some analysis. and try to trade in exchangers that have large volumes such as bittrex and poloniex.
full member
Activity: 265
Merit: 102
October 02, 2017, 06:28:08 AM
#25
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?
if you only invest in bitcoin its very simple because the chance of profit in bitcoin is 75% from my estimate and base on my experience but wait until bitcoin will go down like the china situation,they leave bitcoin so the market in bitcoin go so down price,here in bitcoin you need to study to invest but if you only do invest in bitcoin do buy if down price then sell it when come high that simple
sr. member
Activity: 686
Merit: 250
October 02, 2017, 06:08:12 AM
#24
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?
Take a small stash of coins and put in margin trading lending on poloniex or bitfinex. That way you will spend time on the exchange looking on how it works, getting small profit without exposing yourself to big risk. When you feel confortable start by trading high volume coins. and By conformtable i mean you aquired some knowlegde of the market itself, the involved coins and the trading platform.
legendary
Activity: 938
Merit: 1001
October 02, 2017, 05:29:14 AM
#23
As a trader, we need to take benefits of volatility in markets but people must understand the general notions of cryptocurrency.
Once you get concepts, then you can dip deep into this vast market. When you get some experience in crypto market, you can simply transfer your crypto assets to any trusted exchanger like bittrex and start trading them with altcoins and wait for the moment you realize your assets can be sold for higher price than you bought them.
member
Activity: 154
Merit: 10
October 02, 2017, 04:43:17 AM
#22
if you want to trade and dont know how to start. you need to research first study will about trading prepare to take a risk as a beginner dont put all your fund in the start practise in small amount...
sr. member
Activity: 630
Merit: 251
October 02, 2017, 04:41:23 AM
#21
If you want to start trading With bitcoin, you should study first what are the about trading. And follow this -

1.   Always Follow Trading plan
2.   Be Patience And Keep Clam
3.   Make sure that Stop lose 


Yes that is right but don’t you think he is quite new in this field and just asking for how to take a start. So better is to make yourself easy with what trading is actually. How to do it, what are the pros and cons of it. Try to make yourself known about the techniques and most important all the basics of trading. Then surely practice is required with best exchanges as said.
sr. member
Activity: 1400
Merit: 259
October 02, 2017, 04:15:12 AM
#20
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

Of course every one is afraid of the unknown even though we want to go in something is stopping us. Just try it with a little amount and maybe you will learn from it.
I am alone with everything and just read, watch for what bitcoin is and trading possibilities.
If you are done with that then you have no choice but to go the next level which is to gamble your money in the trading industry.
full member
Activity: 476
Merit: 100
October 02, 2017, 04:11:26 AM
#19
If you want to start trading With bitcoin, you should study first what are the about trading. And follow this -

1.   Always Follow Trading plan
2.   Be Patience And Keep Clam
3.   Make sure that Stop lose 

member
Activity: 63
Merit: 10
October 01, 2017, 10:48:44 AM
#18
yes if I think personally depends on ourselves how good. if according to us accordingly yes we do if not yes we leave.
legendary
Activity: 1904
Merit: 1074
October 01, 2017, 10:44:15 AM
#17
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

You have to start slowly, with a small investment. Do not jump into the deep end and invest large amounts before you know

the basics. Ask yourself these questions : Do I know how to secure my coins, when they are not on the exchange for trading.

Do I know how much fees are charged for the different features on the exchange. example : Withdrawal fees / trading fee /

Deposit fee etc...  Wink
newbie
Activity: 13
Merit: 0
October 01, 2017, 10:32:58 AM
#16
Define "Trader" for me, Please.
I am a newbie and have bought and sold stocks for over 50 years.  I am excited to buy my first bitcoin, but the old school concept of buy and hold kicks in so where does the "Trade" part kick in?  Can you give me a step by step, "A day in the life of a Bitcoin Trader". ie - I set up an account with the Coinbase Exchange and then to stay in sync, I registered for a Coinbase wallet and then bought a Ledger Nano S for security and only then tentitively bought $50 worth of Bitcoin from a Bitcoin ATM machine at the Exxon Gas Station at the corner of Alpha and Beta in downtown Chicago.  I held up my iphone to the QR code on the screen and my Bitcoin software grabbed the encryption code ....  well you get the idea.  I need a step by step primer as to what the "Trader" does to Trade.  Thanks for reading.  D

every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?
member
Activity: 91
Merit: 10
October 01, 2017, 10:30:56 AM
#15
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

The best way to begin trading is to learn more and dig deeper. Learn how to read the market. This is necessary since you have to decide whether to trade or to hold. Buying and selling at the right time will make you a successful trader and you cannot do that if you are just trusting your guts and instinct. Intuition is not enough that is why you must learn how to read and analyze the market.
sr. member
Activity: 1008
Merit: 297
Grow with community
October 01, 2017, 10:28:41 AM
#14
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

What I did to my family members is that I personally deposit small amounts to them to play with, I do even sign them up to bitcoin exchanges in order for them to start immediately, then I teach the basics, "Buy Low, Sell High", My condition is that when the small amount I gave will be trippled with their trading, then they can now trade bigger amounts confidently.

hero member
Activity: 854
Merit: 500
October 01, 2017, 10:24:39 AM
#13
If you want to start trading than you should focus on learning how to trade first with really small amount of money, not focus on making constant profit just learn how trading actually works.

You can find hundreds of trading guides online, just search them and try to apply technique explained there, continue using technique that will work for you.
full member
Activity: 336
Merit: 112
October 01, 2017, 10:03:43 AM
#12
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

If you're afraid to lose bitcoins in trading how would you even begin to trade? You can always start small, an amount that you're ready to lose. In trading, experience is the best teacher. It's not that hard to study the trend and how the market moves in cryptocurrencies.
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