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Topic: I started tradeing. (Read 2054 times)

hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
June 02, 2014, 12:50:16 PM
#49
They always say: Don't trade what you can't afford to lose.

Past that, just don't get too emotional. Don't chase momentum/price. Buying when the price is dropping is better than buying when the price is rising. Those are my general rules, anyway.

then you have the same strategy with me. Buy low sell high Smiley
don't buy high sell higher, risky.

I won't lie, when I've "missed the boat", I have bought high and sold higher. It works out in strong rallies, but certainly preferable to buy on the way down or near the bottom. Smiley
hero member
Activity: 778
Merit: 1002
June 02, 2014, 10:36:20 AM
#48
The only time I've found it easy to make money trading is during a major crash. Like the day pirateat40 defaulted. That was fun.
full member
Activity: 224
Merit: 100
June 02, 2014, 08:25:23 AM
#47
They always say: Don't trade what you can't afford to lose.

Past that, just don't get too emotional. Don't chase momentum/price. Buying when the price is dropping is better than buying when the price is rising. Those are my general rules, anyway.

then you have the same strategy with me. Buy low sell high Smiley
don't buy high sell higher, risky.
hero member
Activity: 601
Merit: 500
Vote 4fryn :)
June 02, 2014, 07:27:00 AM
#46
Easy come easy go, just remember that.

Ive learned that the hard way trust me.
sr. member
Activity: 318
Merit: 250
June 02, 2014, 05:51:55 AM
#45
good job
trading need a patience to get profit

i got profit without trading
may 29th I received salary 0.0534btc = $30
and now 0.0534btc = $33 Grin
profit $3 in 3 days
just hold in my wallet Smiley

But profit 0.000BTC
Think about if you would have made it to 0.06BTC then you would have made much more than 3$
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
June 02, 2014, 04:53:36 AM
#44
Most traders lose eventually.

Perhaps, but that doesn't mean that one can't hone their skills and be a winning trader. Another point is that when your ahead, it's good to take profits off the table. It felt real good taking my initial investment (and then some) off the table from bitcoin after the last bubble.
full member
Activity: 224
Merit: 100
THE GAME OF CHANCE. CHANGED.
June 02, 2014, 04:50:57 AM
#43
Most traders lose eventually.
full member
Activity: 315
Merit: 103
June 01, 2014, 11:46:55 PM
#42
Trading involved huge risk.

Making good profit for 1 day, 1 month or 1 year doesn't mean you won't lose it all on next trade.
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
June 01, 2014, 10:13:55 AM
#41
Great, at 1 usds a day of profit, your perspectives of becoming rich are very high.

Now seriously, avoid making public your profits.

If it was a huge profit, you maybe calling the attention of hackers and even the IRS. If the amount is very low, well, it can be a little pathetic.
hero member
Activity: 686
Merit: 500
June 01, 2014, 01:53:52 AM
#40
good job
trading need a patience to get profit

i got profit without trading
may 29th I received salary 0.0534btc = $30
and now 0.0534btc = $33 Grin
profit $3 in 3 days
just hold in my wallet Smiley
full member
Activity: 192
Merit: 100
Hi!
June 01, 2014, 01:20:20 AM
#39
Trading is considered as a gamble, Bitcoin value might fall to a low amount and you will lose everything. Trade only with a small amount.
hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
June 01, 2014, 12:49:54 AM
#38
They always say: Don't trade what you can't afford to lose.

Past that, just don't get too emotional. Don't chase momentum/price. Buying when the price is dropping is better than buying when the price is rising. Those are my general rules, anyway.
full member
Activity: 224
Merit: 100
June 01, 2014, 12:45:25 AM
#37
so far my strategy is buy low sell high  Grin
i know it's not a best strategy though, buy i do make some profit  Wink

This is actually THE strategy to have. Don't doubt the buy low sell high mindset.

Or you could do like me - buy low buy high.

lol, buy low buy high. It need some bitcoin  Cheesy
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
May 31, 2014, 01:28:43 PM
#36
Trading and gambling is different, since you can base the first on previous prices and on the trend.
hero member
Activity: 778
Merit: 1002
May 31, 2014, 01:15:14 PM
#35
Or you could do like me - buy low buy high.

This ^

I've been buying whatever I can, at whatever price. I've been buying fairly steadily since about $850... all the way down in to the high $300s. I'm keeping track of everything, and sitting at about 120% of the USD value of what I paid.
legendary
Activity: 1628
Merit: 1012
May 31, 2014, 01:02:42 PM
#34
so far my strategy is buy low sell high  Grin
i know it's not a best strategy though, buy i do make some profit  Wink

This is actually THE strategy to have. Don't doubt the buy low sell high mindset.

Or you could do like me - buy low buy high.
full member
Activity: 224
Merit: 100
May 31, 2014, 11:29:16 AM
#33
so far my strategy is buy low sell high  Grin
i know it's not a best strategy though, buy i do make some profit  Wink
sr. member
Activity: 318
Merit: 250
May 31, 2014, 10:56:29 AM
#32
So I just started trading.
Can someone give me any pro tips?

I started with 0.1BTC and now I have 0.10147353BTC, woohooo.



Where are you trading? How long did it take you to make 147k?

btc-e
And I did only those trades which you can see at my picture, to get 147k.

But now I withrawed everything because it is very risky to trade because btc is going up so fast.
I made my profits to 550k before that.
newbie
Activity: 56
Merit: 0
May 31, 2014, 10:34:46 AM
#31
So the question is would you rather gamble? or trade?

Its the same thing right? lol.
legendary
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
May 31, 2014, 10:30:10 AM
#30
Identify the main trend, buy according, and hold. If you keep buying and selling, you probably will lose your money.

Or do arbitrage. Buy at one exchange, sell higher, at another.
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