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Topic: how to start to trade bitcoin? (Read 498 times)

sr. member
Activity: 616
Merit: 250
October 05, 2017, 07:22:02 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, 12:12:53 PM
#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, 01:25:13 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, 11:14:24 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, 11:13:05 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, 10:54:22 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, 07:28:08 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, 07:08:12 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, 06:29:14 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, 05:43:17 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, 05:41:23 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, 05:15:12 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, 05:11:26 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, 11:48:44 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, 11:44:15 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, 11:32:58 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, 11:30:56 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, 11:28:41 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, 11:24:39 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, 11:03:43 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.
full member
Activity: 420
Merit: 100
October 01, 2017, 11:00:21 AM
#11
I suggests that newbies should do some research first before they do trading. For example, you are a newbie but you didn't do any research because you don't know that your question has been answered multiple times before in this forum. There are lots of similar threads like this. Try to look at it. Members of this forum had given lots of advice there.


yes, i think same with you. so many post the same topic. some of those who make posts are not trying to find and read.
legendary
Activity: 1218
Merit: 1006
October 01, 2017, 10:55:08 AM
#10
There are few simple rules that you can follow during trading to loss less or to save yourself from losing all you have;
1. Don't buy any coin when it is in peak price.
2. Don't go with your emotion, make proper analysis before putting anything.
3. If you are newbie trader than just trade with what you can afford to loss.
4. You can't make any profit from trading if you don't book your profit when coin will be at peak price.

Good luck..
sr. member
Activity: 623
Merit: 279
Hope & Positivity are keys to Success
October 01, 2017, 10:48:31 AM
#9
There are many FREE options for learning how to trade Bitcoin, you have a whole host of really good Twitter users to find and follow.
(if you see my Twitter and the people i follow, they are some of the best around)

https://twitter.com/vintagebazaarOB

Then you have facebook groups and probably the most popular right now, Telegram groups.  

I have been in Crypto nearly fours years, been in several paid group to help learn how to train, but no one or nothing beats the service i joined this year. The owner of website, is one of the best traders in Crypto, period. He explains his "signals" in well thought out you tube videos, often over 45mins in length, has everything in "one place" and is highly regarded in the cryptocurrency trading world.

Learn how you can take back your life and live it the way you want (like i am doing now)

See link below.
full member
Activity: 179
Merit: 100
October 01, 2017, 10:38:41 AM
#8
How to start trade bitcoin? I suggest you should study first what are the differwnt kind of candle bar because the candle bar is the easy to understand...second how to use indicator and choose a indicator that you comfortable to use..and last before you trade research for the coin you will invest with
member
Activity: 162
Merit: 16
October 01, 2017, 10:26:52 AM
#7
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?


Trading needs lots of patience, experience, knowledge about the market, strategy.

out of all the above LUCK is also an important factor  Wink .
In order to do bitcoin trading you need very big capital, these days you can see how bitcoin price varying. if you have the very good capital it is better to buy some bitcoins and trade or else it is better to trade with the alt coins (bitcoin really expensive these days).
full member
Activity: 420
Merit: 171
October 01, 2017, 10:20:01 AM
#6
You can't Actually Earn on the first place you start to trade,
It's a bit risky. you have to Invest First in Researching Ideas about Trading,
Also Search For sites that is very Good in trading and ask anybody
that could answer you, of, who is not scam in trading industry.

Don't expect too much, in the beginning,
but always put in mind, without experience you will not learn and be succesful.
if you want to learn then, ready yourself to be blame and to be Praise.
Goodluck Enjoy Trading.
sr. member
Activity: 700
Merit: 251
October 01, 2017, 10:10:56 AM
#5
If you want to start trading in bitcoin first of all do some research and analysis as you complete your home work then choose some good and trusty exchange then start with very small amount because its not easy to do this all very quickly patience is key for your success try to keep eye on bitcoin related news this will be very helpful for you to bring some profit
sr. member
Activity: 1111
Merit: 255
October 01, 2017, 10:06:59 AM
#4
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

First at all you need lot of time to studies to know about what you will do when it time of crisis in trading, i often use the strategy which buy more when the dump came and still hold more of bitcoins, you must have patient to be success in this strategy and more on reading, essential to have information will help you to manage or schedule up your money to be prepared enough in anything will happened. This is trading, a market, not stable to be comfortable..
full member
Activity: 306
Merit: 100
October 01, 2017, 09:22:01 AM
#3
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?

Just practice bro. If you want to be a successful trader, you have to put some efforts​ with it same as your time. Always remember that every successful man in this planet didn't get their success​ with just a blink of an eye. In trading you will be needing some tools, toos that you can't gather somewhere else. What are those things? Practice, big capital, emotional control, plans, researches, strategies, patience, and next what? It is experience bro. So practice, start with dust tradings, and if you feel that you you can do it and tolerate losses. Then start playing big capitals. Always remember that trade only on what you can afford to lose.
hero member
Activity: 1176
Merit: 509
October 01, 2017, 09:21:50 AM
#2
I suggests that newbies should do some research first before they do trading. For example, you are a newbie but you didn't do any research because you don't know that your question has been answered multiple times before in this forum. There are lots of similar threads like this. Try to look at it. Members of this forum had given lots of advice there.
newbie
Activity: 12
Merit: 0
October 01, 2017, 09:13:16 AM
#1
every beginner must be afraid of loss in trading bitcoin.
do you have any suggestions or feedback on how to successfully trade bitcoin?
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