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Topic: Need a little trading suggestion, please - page 2. (Read 1009 times)

hero member
Activity: 910
Merit: 523
August 01, 2017, 07:20:49 PM
#18
If you have been following cryptocurrency for a few years then you should know how bitcoin always fluctuate because some uncertain news and problems but in the end it always recover. For layman, holding bitcoin is a safe way to get more profit in the future but on the other hand trading bitcoin or altcoins require much more. Current price of bitcoin seems decline and eth price already rise over $224.
Whenever bitcoin price decline is a good thing to buy bitcoin, but ethereum will drop soon.
newbie
Activity: 38
Merit: 0
August 01, 2017, 03:22:45 PM
#17
@drlukacs: "when have the opportunity become to rich man, don't miss it" - never a truer word! Smiley

@Soots: Indeed - scouring ICOs will soon become a favourite hobby! Ha! Smiley

@Mkmanik: Thank you for the kind note. My only issue with Bittrex/Poloniex - I cannot pay by credit card (I do not reside in the US/EU/China - and those exchanges only require wire transfers). Sad And yes, I really am hoping BTC kicks up despite this hard fork. Fingers crossed for all of us!
sr. member
Activity: 1050
Merit: 251
August 01, 2017, 02:28:15 PM
#16
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?

yes just always buy at the dip or find some coins that has a future so could get more profit just research some information
sr. member
Activity: 854
Merit: 253
l0tt0.com
August 01, 2017, 01:52:08 PM
#15
With many traders experiences, holding bitcoin will be more beneficial compared to trading bitcoins. So, better go for some more researches and act accordingly.
This must be a honest suggestion to any new trader who are all looking to enter altcoin trading and active bitcoin trading. In last 2 years, bitcoin investors has benefited 10x profits whereas I am not sure a trader would have earned similar profits.
Why not? Still have some trader and investor from last year invest for buying STRAT and ETH, and just after one year, they are have big profit not stop x10, this is x50 if calculated to USD. So when have the opportunity become to rich man, don't miss it Grin
newbie
Activity: 38
Merit: 0
August 01, 2017, 01:29:51 PM
#14
@ivanst776: Thank you for explaining it the way you just did - the dichotomy of BTC/ETH trading. Very helpful, indeed.

@beerlover: Oh yes - very true... Those who held on would have benefitted insanely! And the success stories are out there too.
legendary
Activity: 2842
Merit: 1152
August 01, 2017, 10:51:13 AM
#13
With many traders experiences, holding bitcoin will be more beneficial compared to trading bitcoins. So, better go for some more researches and act accordingly.
This must be a honest suggestion to any new trader who are all looking to enter altcoin trading and active bitcoin trading. In last 2 years, bitcoin investors has benefited 10x profits whereas I am not sure a trader would have earned similar profits.
legendary
Activity: 1540
Merit: 1003
August 01, 2017, 10:45:04 AM
#12
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?
For bitcoin trading it is highly advisable to keep holding for months. But same will not be applicable for ETH trading. It is highly expected bitcoin prices to continue its rally toward $5000 in coming months so I like to suggest you to arrange more funds to buy bitcoins for longer haul holding.

With many traders experiences, holding bitcoin will be more beneficial compared to trading bitcoins. So, better go for some more researches and act accordingly.
newbie
Activity: 38
Merit: 0
August 01, 2017, 10:23:36 AM
#11
@speedy963: Thank you - still a long, long way to go.

Nice of you to reiterate the alt coin bit, I will keep reading and have an eye out for whats there.

Re: the money, yes, I haven't sunk it into anything yet. *might* pick up BTC/ETH should rates plummet. I'm inclined to think both are here to stay - fork or no fork.

Not touched any of the other alt coins that I have. Smiley

@dontme: Thank you - yes, I am not certainly taking chances. Best to play safe as a novice. Truth be told, Margin Trading sounds fascinating - just read about it - but I am not taking the bait. Yet! Ha ha!
sr. member
Activity: 798
Merit: 255
August 01, 2017, 09:52:35 AM
#10
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?
Great that you have started on trading hope for your success. Its hard to tell or give some suggestion now because of segwit maybe the price of bitcoin will get very low. But i think its better for you to hold for the meantime. To avoid great risk.
sr. member
Activity: 631
Merit: 253
August 01, 2017, 08:06:07 AM
#9
@Aamir1: Thank you!

I bought some alt coins the other day (used up some spare ETH) - Lite and DASH. Not touching them for now. I haven't been reading much about newer ones lately - too many coming up - and so... focussing on the established ones, tbqh.

I will, however, have an eye out. Tx again Smiley
I could only say, bravo and congrats on your profit. As what have he said also not all new traders can gain profit instantly. Anyway just keep learning and earning, some alt coins also are very good investment, I just want to share you some tip, if that money you have right now is not yet in need, you should better hold it and sell it later or make that as your investment, but it still depends on you, as long as you gain then its up to you if you are going to hold it or sell it.
newbie
Activity: 38
Merit: 0
August 01, 2017, 07:18:29 AM
#8
@Aamir1: Thank you!

I bought some alt coins the other day (used up some spare ETH) - Lite and DASH. Not touching them for now. I haven't been reading much about newer ones lately - too many coming up - and so... focussing on the established ones, tbqh.

I will, however, have an eye out. Tx again Smiley
hero member
Activity: 756
Merit: 500
August 01, 2017, 06:53:28 AM
#7
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?

Congratulations for getting some early profit out of trading, it doesn't really happen with every new trader.
Actually, if i were you, i would hold on my cash for now, and i would start trading altcoins after a few days when all this fork thing gets finished and everything starts working normally again. Though i don't have much knowledge about all this but i also feel that it is not good to invest or buy any coin right now. I can be wrong though.
newbie
Activity: 38
Merit: 0
August 01, 2017, 06:36:05 AM
#6
@mtoo - yes, I would have, but I really got the proverbial yips and sold 'em off. Sale price of $2929 seemed too good a deal to miss.

@stomachgrowls - totally understand. when more seasoned folks are themselves wary, I shouldn't do anything silly. Thank you for the suggestion Smiley . I have a small fraction lying in the Exodus wallet. Will hold on to it - and, if this current price falls (in the 2800s now), will pick up some too.
hero member
Activity: 2856
Merit: 769
August 01, 2017, 06:32:05 AM
#5
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?
Wow! what a nice start you have there buddy. Well thats how trading works when you do bought cheaper price and sell of on a higher price.This is just a simple trading or basic thing on trading.Just like been said above we cant give any advice since we are still on the fork situation. Holding bitcoin would be a good thing but depending on which price point.  I cant say if this would be the new floor of bitcoin or not.We wont know if price would crash after this event or not.
member
Activity: 84
Merit: 10
August 01, 2017, 06:31:50 AM
#4
from the current market manipulation prices , you don't have sell your coins , stay as you are now ?
 
newbie
Activity: 38
Merit: 0
August 01, 2017, 06:28:47 AM
#3
Thank you so much. I don't have any bitcoins now - sold them all when it reached 2900 (on CEX).

Noted your point on the projected rise. Will snap up a little fraction (based on what I'm able to afford).
sr. member
Activity: 1386
Merit: 255
August 01, 2017, 06:22:47 AM
#2
Welcome to trading world. Congrats for your first earnings. I cannot give an advice since we are in the Fork stage, what ever happened just HOLD your Bitcoins. Expect it to rise 3k to 4k before the end of year.

While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?
newbie
Activity: 38
Merit: 0
August 01, 2017, 05:54:22 AM
#1
While I have followed crypto currency for a few years now, I am very new to trading (hardly two weeks). I use CEX - its the only decent platform that accepts credit card payments - and, together with a pal, made a quick buck earlier today when BTC/USD rates hit 2900 just to get the butterflies off.

Would it be sensible to hold on to the cash or take a dip instead (BTC/ETH)?
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