How to trade bitcoin? | Bitcointalksearch.org

BruceLee007

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

trading is simple, first you need to know which currency you will trade, i think that you should start with bitcoin as it easy to predict, then you need to find exchange site that you like, and then just buy bitcoins when they're cheap and sell when they are very expensive, this way you will earn profit

yenxz

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Quote from: jack1111 on March 18, 2016, 09:25:54 AM

you must have sources to learn how to trade or what coins to trade , but now I think Ethereum is the best coin to trade because it's price increases and falls down suddenly

its basic for trader to start trade,and its not easy to learn,some developer coins not provide any enough data for us to predict the price,so like now,i'm buy etherum and then the price going fall. Sad

makingwin1

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

people trade to get profit, and to get profit you need to know rule that you can see everywhere, BUY bitcoins when their price is small and SELL them when their price is large, also find a trading site that you like and just trade ther,e soon you'll be used to trading and will get more and more profit

Nimbulan

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

if you lose your money then probably yes, you don't know how to trade, huge mistake that newbies does, is to sell your coins instantly when price falls a little bit, no, ignore price fall and wait till price will go up and i am sure that it will rise again, you just have to wait for right moment and sell then only

bakingbad

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

etherium is very popular now so you can choose it, or of course you can go with bitcoin and litecoins because they're pretty old so you can predict future of them

and you have to know important rule, don't sell your coins i when price falls because you won't get any profit, sell them only when they're expensive

romero121

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If you want to be a trader have some capital local money as well few bitcoins. Enrol as a trader who gives on direct communication. With this it is possible to trade with much ease. Have a conversation and exchange bitcoins for hard cash.

talkbitcoin

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Quote from: Helpme_please on April 01, 2016, 07:03:00 AM

Quote from: KennyR on April 01, 2016, 02:53:32 AM

Quote from: zeaderza on March 25, 2016, 04:37:34 AM

You need a start capital.After this you need to open a account on a exchanger site,like bittrex or other.
After this,buy low altcoin wait and sell with a high price.

Well said nowadays most sites allow to enrol as a trader if we have certain uᴉoɔʇᴉq in our wallet as a capital.

how many capital that we must have if want to get 0.01-0.02 in 1 day ?

it really depends on your performance and what you are trading and also it differs from time to time.

for examples there was a time a few weeks back when ETH started getting pumped, you could easily make 0.01-0.02 from 10 times less starting amount because of the 1000X increase.

Helpme_please

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Quote from: KennyR on April 01, 2016, 02:53:32 AM

Quote from: zeaderza on March 25, 2016, 04:37:34 AM

You need a start capital.After this you need to open a account on a exchanger site,like bittrex or other.
After this,buy low altcoin wait and sell with a high price.

Well said nowadays most sites allow to enrol as a trader if we have certain uᴉoɔʇᴉq in our wallet as a capital.

how many capital that we must have if want to get 0.01-0.02 in 1 day ?

KennyR

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Quote from: zeaderza on March 25, 2016, 04:37:34 AM

You need a start capital.After this you need to open a account on a exchanger site,like bittrex or other.
After this,buy low altcoin wait and sell with a high price.

Well said nowadays most sites allow to enrol as a trader if we have certain bitcoin in our wallet as a capital.

BruceLee007

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

you have to buy cheap and sell expensive, don't worry about these price falls because it is very normal for bitcoin, you will see price falls 10 times in week, it also have price rises so don't worry just don't sell your coins when price falls and you will be ok

7Priest7

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?
[/quote

If you're new to trading like you say, then you shouldn't use all of your money for it at once, you have to meet trading, you have to understand what is it

And tou have to know main trading rule, if you want profit you have to buy cheap and sell expensive

zeaderza

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You need a start capital.After this you need to open a account on a exchanger site,like bittrex or other.
After this,buy low altcoin wait and sell with a high price.

makingwin1

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

to get more money you have to buy cheap and sell expensive, let's say if you bought bitcoins for 400$ each, don't sell them after first small price fall, don't panic and just keep your bitcoins, also don't sell after small price rise, keep them till they'll go to 450$ or more

Oriannaa

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Theres various ways to be with bitcoin without having to go with a exchange.

I meerly just get something for cheap and fix like an iphone 5, then flip it back on the market for bitcoin when I can.

And thats only because I know for certain I`ll be selling the same coin I got when the halving comes around.

greBit

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Quote from: JollyTrades on March 24, 2016, 01:49:15 PM

https://bitcointalksearch.org/topic/m.14304973

I would also suggest trading stocks before attempting to put your money into more uncertain markets. And of course, a good deal of time should be taken for paper trading before actual trading.

One thing to remember without taking risk you can acheive is nothing........so it is up to individual decision to trade or not.....if they want to play smart they wait and they should have lot patience once the price is high then they can trade......they should do well research before trading .....

JollyTrades

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https://bitcointalksearch.org/topic/m.14304973

I would also suggest trading stocks before attempting to put your money into more uncertain markets. And of course, a good deal of time should be taken for paper trading before actual trading.

greBit

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Quote from: jack1111 on March 18, 2016, 09:25:54 AM

you must have sources to learn how to trade or what coins to trade , but now I think Ethereum is the best coin to trade because it's price increases and falls down suddenly

Well, As far as me concern about trading. You should have the good knowledge about btc.
Secondly purchase it in low wait for sometime once you see the benefit then sell it and it is the safest
way without losing anything.

BTCLovingDude

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Quote from: BitMaxz on March 08, 2016, 03:51:32 PM

Hi guys just want to know how to trade im newbie about trading and i want to learn if how trading works..
Honestly i am trading some altcoin to bitcoins but im always lose really don't how trading works in yobit..
And how to know if what is the best altcoin to choose to have some profit?

the best altcoin is the one that you buy when its price is low and not at the top , in a big bubble.
the example that we can all refer to is ETH which is the biggest recent pump. buying at ~0.03 would have been the big mistake that i was talking about. you should have bought when it was 0.001 and lower and sold at 0.03 and never looked back.

jack1111

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you must have sources to learn how to trade or what coins to trade , but now I think Ethereum is the best coin to trade because it's price increases and falls down suddenly

greBit

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Quote from: Herbert2020 on March 18, 2016, 05:32:32 AM

in trading you just have to get your feet wet.
stop worrying and start trading. the awesome thing about trading crypto currencies is the fact that the current exchangers (with the exception of one or two) will not restrict you to buy and sell big amounts, so you can test the waters for the first couple of weeks with small amounts like 10K or 20K satoshi and even if you lose it all it doesn't matter because you have learned something with smallest loss/

The very best answer for this is that without taking risk we can't achieve big thing. I Completely agree with what you have suggested. but make sure you have the knowledge about it and then go ahead for the trading.

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