How to trade bitcoin(help) - page 2.

kidoseagle0312

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

If you are newbie here, I could suggest you to join in the signature campaign first. Just do the proper procedure of their rules and policy that they have. Then after 1 month they will you the bounty or incentive that can you earning bitcoin.

hajimasan

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

As you said above that you are new at trading then I want to suggest you that firstly get some knowledge about trading and then start trading with some small amount of money and you can do trading on Yobit.net, Poloniex.com and also its very simple rule in trading buy low and sell high.

Potato Chips

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To put it simply, trading is a buy low sell high process and there are two kinds of trading, First is Btc to fiat. You can try selling them in person but selling online is the most common way. Sites like localbitcoins, coinbase and bitfinex offers this service or you can just do it peer to peer here but since you are not reputable user you will have to use our escrow services.

The second one is Altcoin trading which is more complicated especially if you're a newbie because there are tons of them and yes many of them are just a scam so there are risk that they might just dump. You can use poloniex for this and don't forget to watch the market , you can try investing in the top 5 altcoin in the market.

btcdiggingmaster

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Transact Safer / Chase Better

Very new to trading means you need to learn many things about trading with experts answers, Trading is an easy job to say buy low and sell them at high price. When you are trading with altcoin you need to be very careful because there are scam coin out there. Daily you need to follow altcoin section and speculation section about coin.

There many people discussing about the current situation of the market and the altcoin. My suggestion better you find some best coin in poloniex only. it is one of the finest exchange where you can find some good with good volumes. Better daily go through the speculation section of altcoin you will get an idea.

OmegaStarScream

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Quote from: Yuuto on December 09, 2016, 02:24:00 AM

Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

Well, to be honest it isn't the brightest idea to try trading as a newbie because you are likely to get sucked in with outrageous claims made by people that are trying to get money from you(ICO scams especially.)

If you are just looking for a good online altcoin trading website, try poloniex. Method? Buy low sell high.

Someone should clearly be able to spot a scam and make a different between a legit and non-legit ICO otherwise he is screwed. It's not that hard though , It's all about the marketing and how effort the developers and managers has put in the project , escrows is something else that everyone should look at.
As for Poloniex or other exchange , then those Altcoins logically came from ICOs so someone should once again use his brain (mostly If he is investing for long term) while buying and selling.

Yuuto

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

Well, to be honest it isn't the brightest idea to try trading as a newbie because you are likely to get sucked in with outrageous claims made by people that are trying to get money from you(ICO scams especially.)

If you are just looking for a good online altcoin trading website, try poloniex. Method? Buy low sell high.

Coinduet

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Trading is a good way for increase your Bitcoin. But for trading you need a good skill on it.
First you need to know how to pump and dump Altcoins (You can this tutorial : http://coinduet.com/index.php?p=/discussion/62/how-to-pump-and-dump-an-altcoin#latest )
Then you need to know which Altcoins is going up and then start your trading.
Here is a full trading guide you can see it : http://coinduet.com/index.php?p=/discussion/48/how-to-earn-1-bitcoin-per-week-yobit-trading-guide#latest

CraigWrightBTC

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

Many source of trading discussion on this board, you must read carefully before made new thread because your question are low details, what do you plan to trading altcoins or trading bitcoins to fiat? And many markets for trading altcoins and bitcoin, i am sure you know about it, for the first in my suggesting choose what will be traded altcoins or bitcoins.

chaser15

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

From what trading knowledge you have been now so far? Like ideas, basics etc.

This is to sort things out and we will not start from the scratch which will lead you for some boredom because there are some technical terms which will you encounter. Why I assume that boredom will strikes you if you just starting? Since you are looking for now an experienced person which actually just an option if you want to start from trading. First, self study then seek an advice then self study again.

Lots of suggestions now have been posted so I will just add that "for now" trade and focus only on one asset before doing multiple trades at the same time. I like to sugest that you start first at bitcoin trading since manipulation here is not that heavy compare to altcoin trades. The concern now is that you have to start at decent amount to feel the profit at bitcoin trading but as a trial you can start at low amount. After acquiring knowledge from this then you can jump at altcoin trading. Just don't be rush and learn slowly as you progress.

aardvark15

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You will need to transfer some Bitcoin to an exchange. There are several exchanges that are recommended on other topics. I use Poloniex, but there are others like Yobit, etc. After you get your bitcoins on an exchange, put in a sell order for the price you want to sell Bitcoins and for the coin you would be buying.

lakisis

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i am a well experience trader and firstly i trade with altcoin but i faced to loss many time but now i start trade with bitcoin and i get a huge profit from bitcoin by monthly base and bitcoin trade has no risk and everyone know that bitcoin is very useful and profitable currency.

talkbitcoin

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

where? on an exchange service. you can find many of them online, choose one that is offering service to your country and is legit.

how? it is a long thing to explain and it is not possible to fit in one comment. i don't even know where to start. you technically buy low and sell high. for learning how to trade there are lots of good resources online if you search for them and they can explain trading a lot better than any of us can on the forum.

icecube45

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Where you should start trading bitcoin I think it does not need to be discussed because it has many users who suggested a few places to start trading, and they already provide appropriate recommendations. To start a trade is difficult because it requires understanding to understand the trade. I'm sure many traders at the beginning to start trading will certainly experience difficulties and losses. It is natural and advisable to make trades in small amounts to minimize the amount of loss, if you are already able to get profit in a row you can use in large amounts. To get experience and reputation in the trade takes time and you must be able to learn the trade piecemeal. I'm sure you will gradually find a strategy that suits you

bitbunnny

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I would suggest Poloniex, it's good exchanger. Maybe it looks a bit scary at the moment because everything is new to you and you don't have any experience but you will learn with time. The main rule is buy low, sell high. It sounds very simple but in practice isn't realy, it takes time until you get the feeling. You can also find some useful informations here on forum from experienced members. Good luck!

xuan87

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in order to trade you need to create account in trading website, there are some reputable trading like bittrex, poloniex and ccex, and then deposit your bitcoin and you can start to trade, that is the step to trade, now the difficult part is how you are going to earn from trading, to start earning from trading need skill and experience, I always suggest to start trading with the small amount, you will be able to learn faster if you do it directly, then you need some guides from internet and books, to see the term they used for trading and where to find updated news about bitcoin and other alt coin

Idrisu

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

To make money in bitcoin trading you have to be skillfully in currency trading generally. You should have in mind that trading generally involved a lot of risk and you most know money management principle, risk to reward ratio, fundamentally analysis and technical analysis. For bitcoin site yobit, poloniex are some of the best site. You can margin trade or arbitrary trade on those site. Wish you many pips

thebatletbet

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

trading is easy only buy in low price and sell in high price, but very dificult can take profit

what do you want trading bitcoin use pair fiat money or altcoin
if you want trading altcoin is good trading site
1 poloniex
2 bitrex
3 c-cex
4 cryptopia

if you want trading use pair USD you can trading
1 coinbase
2 btc-e
3 bitfinex
4 bitstamp
5 kraken

kidoseagle0312

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

If you are a neophyte in this field of industry, I suggest you to buy at low price then trade/sell at high price, or you can hold your bitcoin after you buy it then sell it when it reach 1000$ that's the time for us to sell our bitcoins.

traderethereum

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Quote from: jeraldskie11 on December 04, 2016, 11:34:19 AM

Quote from: OmegaStarScream on December 03, 2016, 10:22:09 AM

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly.
If you want to trade with only BTC and fiat then the same rule applies , It's probably a little bit difficult as you have no reputation on the forums to start trading but It's always possible to buy from third party services and HOLD for long term. I prefer this method personally.

So I would start with Poloniex or bittrex. I can't really understand about trading cause its my first time but I will try my very best in this trading. Even it's my first, I hope it will be successive. I think in first of trading like me is hard to understand it but when I will grow with it, later on I would really understand it.

its good to choose poloniex and bittrex and i think it could suit for you. don't think too hard to understand, just take a look on one coins for first, then take a look in the history trading market, watch the trend of the coins, make a decision in what price you want to buy, i suggest better you place your order book in second place in order book or third place order book. wait until your order book is filled, then if already filled, you can set it up on sell the coins in prices you want. of course you should take a profit for this, no problem if its only small profit, later you will learn in how to make big profit. but better to make small profit but we can get it over and over.

Pursuer

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Quote from: jeraldskie11 on December 03, 2016, 10:16:42 AM

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

for the place to trade it depends on what you want to trade, for bitcoin/usd there are bitfinex, bitstam, kraken and btc-e where you can start trading with fiat.

for trading bitcoin/altcoin you can choose poloniex, bittrex or c-cex.

choosing which one depends on where you live and after you read their rules (TOS) and fees and possibly their methods of deposit and withdrawal for fiat.

about how to trade I have to say you should start with a small amount or no amount and just play with a excel spreadsheet for a while to learn how you can make any profit then invest small amount and grow it over time.

Topic: How to trade bitcoin(help) - page 2. (Read 2422 times)