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Topic: I started tradeing. - page 2. (Read 2054 times)

hero member
Activity: 812
Merit: 1000
May 31, 2014, 12:58:58 AM
#29
I think you're day trading pretty well and I would suggest you to read this: http://vantagepointtrading.com/tutorials/short-term-strategies

without a real strategy you're almost gambling.
hero member
Activity: 728
Merit: 500
Crypto-ideologist
May 30, 2014, 10:11:47 PM
#28
So I just started trading.
Can someone give me any pro tips?



buy and hold is the safest way.  Wink

if u want to take the risk go on in trading but never more u can afford to lose.

day trading and scalping require skill and luck, i remember that at beginning i made some btc in a month but in one day i lost all the gains

be careful
hero member
Activity: 532
Merit: 500
May 30, 2014, 09:12:09 PM
#27
Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable

Since when has bitcoin price stabilized?

Never lol.
Even for relatively stable period (like in first half of 2012), you can still find price going up or down 10% a day from time to time. Smiley
hero member
Activity: 798
Merit: 1000
May 30, 2014, 07:22:51 PM
#26
Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable

Since when has bitcoin price stabilized?
member
Activity: 96
Merit: 25
May 30, 2014, 07:19:52 PM
#25
Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable
hero member
Activity: 686
Merit: 500
May 30, 2014, 06:13:02 PM
#24
time is the secret. always bid. there's always going to be a dumper sooner or later.

Why a dumper? can you explain a bit?
sometimes a variety of reason a bag holder needs to liquidate
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
May 30, 2014, 06:09:45 PM
#23
Wow, nice job buddy!

Can you give me some tips? Also, how come you guys state just to hold, when he made a quick profit on what he did?

Do you guys have experience in this? whats your profit on just holding then trading?

He made a 1.4% profit. Wow.
Tip: Buy Low, sell high.
Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding.

He earned 1.4% profit in just 5 days (which is indeed not bad), and the profit in terms of bitcoin (so he earns on top of increasing price as well).

Having said that, I don't suggest anyone to day-trade, unless you have confidence, knowledge and experience, and you are only using the money you can afford to lose.


This is true, and I think that confidence is absolutely critical. Knowledge and experience can boost your confidence, but you need the balls to hit the buy button too. I've missed out many times for not going with my instincts.
hero member
Activity: 612
Merit: 500
May 30, 2014, 06:07:35 PM
#22
Wow, nice job buddy!

Can you give me some tips? Also, how come you guys state just to hold, when he made a quick profit on what he did?

Do you guys have experience in this? whats your profit on just holding then trading?

He made a 1.4% profit. Wow.
Tip: Buy Low, sell high.
Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding.

He earned 1.4% profit in just 5 days (which is indeed not bad), and the profit in terms of bitcoin (so he earns on top of increasing price as well).

Having said that, I don't suggest anyone to day-trade, unless you have confidence, knowledge and experience, and you are only using the money you can afford to lose.




hero member
Activity: 798
Merit: 1000
May 30, 2014, 05:52:48 PM
#21
Wow, nice job buddy!

Can you give me some tips? Also, how come you guys state just to hold, when he made a quick profit on what he did?

Do you guys have experience in this? whats your profit on just holding then trading?

He made a 1.4% profit. Wow.
Tip: Buy Low, sell high.
Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding.
hero member
Activity: 612
Merit: 500
May 30, 2014, 05:09:43 PM
#20
Stop. Hold. You will lose trading. There are people out there way smarter than me and you that will eat your btc for lunch. They have no emotions, and will suck you dry for having any. The best investment I've made was putting my btc in JustDice, and backing the house. I'm creeping up on a year invested, and I've made about a 40% ROI, and my original investment is as nearly as liquid as holding it in my own wallet. Requires a bit of trust though.

That is indeed a pretty good way to earn some more bitcoin from your bitcoin.
You just need to remember not to invest in some new bitcoin casinos. Smiley
hero member
Activity: 778
Merit: 1002
May 30, 2014, 04:55:18 PM
#19
Stop. Hold. You will lose trading. There are people out there way smarter than me and you that will eat your btc for lunch. They have no emotions, and will suck you dry for having any. The best investment I've made was putting my btc in JustDice, and backing the house. I'm creeping up on a year invested, and I've made about a 40% ROI, and my original investment is as nearly as liquid as holding it in my own wallet. Requires a bit of trust though.
hero member
Activity: 612
Merit: 500
May 30, 2014, 04:49:31 PM
#18
Here's a tip, stop trading such small amounts and just put your whole 0.1 down and hold for a bit. You'll make much larger returns than 1mbtc that way.

If I hold 0.1BTC, I will earn 0BTC

But you will have no risk in that case.
You could lose in trading easily, especially when you have little knowledge or experience. Smiley
hero member
Activity: 508
Merit: 500
May 30, 2014, 04:44:00 PM
#17
Where are you trading? How long did it take you to make 147k?

Looks like btc-e.com to me, judging by the snapshot. The BTC/USD pair.
sr. member
Activity: 462
Merit: 250
May 30, 2014, 03:48:18 PM
#16
My biggest tip is one that gets repeated a lot around these forums:

Don't gamble BTC (or any money) that you aren't willing to lose.

In this situation you could make a great trade and double your BTC, or you might lose out. Either way, good luck!

Yes, this is like outside btc world, dont gamble money you need and dont gamble because you need money.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
May 30, 2014, 03:04:55 PM
#15
It might be worth you investing your BTC in an alt coin traded in BTC only i.e. TRC, FTC or XPM.

You can leverage on them to increase your BTC stake. TRC is usually a good one to go for as it seems to shift more than FTC, probably due to the thinner order books.
hero member
Activity: 518
Merit: 501
May 30, 2014, 02:54:55 PM
#14
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?
legendary
Activity: 1960
Merit: 1005
May 30, 2014, 01:06:07 PM
#13
Hi,
Very nice start Smiley
Not bad at all, but if you want to make some money you must risk a lot more and hold for more time. But must know that you are wlakingo n the edge Wink Be careful!It is addictive!
BR
legendary
Activity: 1628
Merit: 1012
May 30, 2014, 12:51:26 PM
#12
My biggest tip is one that gets repeated a lot around these forums:

Don't gamble BTC (or any money) that you aren't willing to lose.

In this situation you could make a great trade and double your BTC, or you might lose out. Either way, good luck!
full member
Activity: 196
Merit: 101
May 30, 2014, 10:42:57 AM
#11
Have you studied technical analisys or are you just trading for fun?
If your main goal is to take easy profits just buy all that you can afford, put the btc in a cold wallet and sleep for two-three years.

When you will wake up you magically have gained 10x or 100x of your starting $ investment.
hero member
Activity: 546
Merit: 500
May 30, 2014, 10:16:20 AM
#10
best of luck. Always use stoploss in trading.
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