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Topic: I like doing bitcoin trading to earn money (Read 2511 times)

full member
Activity: 210
Merit: 101
August 25, 2014, 10:11:28 PM
#47
I know of people who had made quite a few coins day trading.

Not for everyone, and yes the percentage of failure is high.

But BTC follows the same rules as the market, if not even closer and to the nearest cent.
newbie
Activity: 28
Merit: 0
I like it too, i need fiat tho  Roll Eyes
sr. member
Activity: 406
Merit: 250
Bitcoin trading can work if you know what you are doing. The only problem with bitcoin trading is it's not exactly 100% safe and if you are unsure of what you are doing you can fall victim to problems. If you can earn money trading then that's great Smiley
newbie
Activity: 6
Merit: 0
more than the trading, i would like to hold btc in some cold offline wallet and cash them after few years. Bitcoin's future is pretty bright in my opinion.
sr. member
Activity: 518
Merit: 250
Day trading is a bit risky in my opinion.

It is risky if you a) are unskilled in trading, b) are not rigorous with your analysis and c) do not practice good risk management. Most people blow up their accounts because of the third reason.
Exactly, this is what happens to newbies in trading. There is a lot of panic selling which whales take advantage of  Smiley Knowing when to buy and sell is the hardest part of trading
sr. member
Activity: 312
Merit: 250
Day trading is a bit risky in my opinion.

It is risky if you a) are unskilled in trading, b) are not rigorous with your analysis and c) do not practice good risk management. Most people blow up their accounts because of the third reason.
member
Activity: 67
Merit: 10
Of course who doesn't like making money,but if you have more patience you could make decent cash over time just by holding it.
newbie
Activity: 28
Merit: 0
I lost 0.15 BTC in Mazacoin back in the day  Roll Eyes
full member
Activity: 122
Merit: 100
It is true that trading is the best way to make money from Bitcoin. But you need to be experienced on it. If you are a new comer then i will suggest you to spend more time on this forum.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
I like trading fiat money for real money.  Wink
hero member
Activity: 499
Merit: 500
I also want to make money through Bitcoin trading. I also thinking about BTC mining. As a new member i am not so sure what would be best and secure for me. So what should i do now?

Trading is risky, and you should try trading with a little bit of bitcoin first.
For bitcoin mining, you should use a calculator to check the expected profit under your electricity costs.
newbie
Activity: 41
Merit: 0
I also want to make money through Bitcoin trading. I also thinking about BTC mining. As a new member i am not so sure what would be best and secure for me. So what should i do now?
sr. member
Activity: 392
Merit: 250
I like doing bitcoin trading to earn money  Grin
yes i also like trading, but somehow now I loss continues
Because many new coins which ended scam
for me it was risky job, you have to prepare mentally and good luck

member
Activity: 69
Merit: 10
Trading haters cant just say its the same as gambling, if you know what you are doing you have more % of success, of course there is big luck involved.
hero member
Activity: 700
Merit: 500
Day trading has close to 100% failure rate.


day trading does not have close to a 100% failure rate... theres no way you can actually  calculate something like that.

anyways, its very easy, but some coins for a low price and hold for a few hours, see if th eprice goes up 1% and sell. the transaction fee is only .2% so if u make 1% trades throughout the day and get like 4 or 5 done u made 5% that day.

just be patient.
newbie
Activity: 6
Merit: 0
I like doing bitcoin trading to earn money  Grin
Me too but i quit i was addicted and had no sleep anymore.
full member
Activity: 182
Merit: 101
Day trading is a bit risky in my opinion.

ya right increasingly at risk because many new coins and coin sometimes it quickly dies.
and due to the impact of stellar coin, coin coin others so degenerate
full member
Activity: 182
Merit: 101
I like doing bitcoin trading to earn money  Grin

yes I used to play like the first time trade week is the BTC 0:01 capital can be 0.1 BTC.

but the more I come here often loss due to waste coin
newbie
Activity: 28
Merit: 0
I like to work in McDonalds to buy BTC
member
Activity: 98
Merit: 10
Day trading is a bit risky in my opinion.
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