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Topic: I am confused with trading.Help me out - page 4. (Read 3451 times)

legendary
Activity: 2282
Merit: 1041
March 22, 2016, 01:40:59 AM
#3
Basically you need some patience in trading. If you buy at $390, you have to wait until the selling price cross $390+ then only you can get some profit. All you need is hold your coin.

Behalf of this, try localbitcoins, you can set your selling price (not too much price than the current sell price) and bargain to buy at low price.


that's simple if yu just focus on one coin.

what he intend to know is which coins, newer ones which probably have potential to grow. and that before it sky rocket he already have about millions of these coin bought at about 0.00001 btc probably. and thats where certain profit is.
hero member
Activity: 770
Merit: 500
March 22, 2016, 01:32:11 AM
#2
Basically you need some patience in trading. If you buy at $390, you have to wait until the selling price cross $390+ then only you can get some profit. All you need is hold your coin.

Behalf of this, try localbitcoins, you can set your selling price (not too much price than the current sell price) and bargain to buy at low price.
legendary
Activity: 854
Merit: 1000
March 21, 2016, 04:31:31 PM
#1
I have read and heard that one can earn and make good money with trading bitcoins.I also want to give it a shot.Everyone says the basic rule of trading is buy low and sell high but I am confused because which ever exchange I try,the buy rate is always higher than sell rate.How can one profit if sell rate is less than buy rate.If I buy at $390, the sell rate is $380
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