making trading a great business ..
this requires a lot of planning for everything that could possibly happen ,, from the profits that can be ,, up to the worst possibility of losses due to falling prices ,,
this will be something that requires maturity because we have to learn a lot and know predictions and read the market
Topic: plan to start bitcoin trade - page 2. (Read 633 times)
Currently bitcoin is one of the key components of business-trade. Whether it is business or business, there is a plan for it. Bitcoin's field is not the opposite. I believe there needs to be more planning here.
Please truly make up your mind before jumping into trading so you don't end up depressed cause I have seen a lot of posters saying how depressed they have become trying to trade bitcoin especially with this fluctuating price of bitcoin. Before you enter into trading, you need to learn and try tactics that will work for you cause crypto traders trades with different strategy.
Those who end up depressed in trading are the ones who see trading as gambling since they have no strategy at all to be able to trade effectively. Everyone should be able to sit down and analyze their skills when it comes to trading and those who find out they have no knowledge and experience about trading should better take their time first to learn before they end up messing up big time, because that is exactly what would end up happening.Trading for most people is an ordinary casino, only more boring. Because the casino treats you to a drink.
I understand you mean that we need to be more careful against the market situations ? Every aspect of trading must have some plan. Even you do not plan up everything, at least after the first experience you must plan up so that you will not repeat a same mistake.
Trading for most people is an ordinary casino, only more boring. Because the casino treats you to a drink.
Be careful dude, lots of false infos out there so better be wise and do research before do trading. A lots of free basic kniwledgevhere that you can be source of informations and lots of good broker also not only bitfinex. You may start trading trials only so you can know the market trends. Today market is so bearish And its better not to trade today and focus first on your study and learning curve to be a trader. Good luck
Right. Rather than even looking for shortcuts which most people always do by following some traders on some platform to tell them what to do, why not just use the little time you have to always learn something new online and see how you can get a grasp of the indicators as well as some analysis to your own advantage. It is a terrible thing to always rely on other people, when you should be able to make decisions on your own.Anyone who wants to start trading without any knowledge about trading is more like someone who is going to a war without guns or any knowledge of battlefield. The trade zone is more of a battle field, so without the knowledge and the tools, one would just be busy doing rubbish until such a person end up losing bad and giving up at the end. It is what it is with trading, and even though risky, those who are smart enough to learn are making a lot from it.
Doing trading now on bitcoin is so difficult pal. even though in different manner 'cause the fluctuation is very hard to predict due to some causes which is people panic to sell , so don't jump on it if you don't know what risk it contains. And IMO trade with alt is good than bitcoin 'cause alt nowadays is cheap so much better to start with it.
I also agree, as a novice trader it is better to learn by selling altcoin alone which is much cheaper than bitcoin, and that keeps us from losing a lot. and hopefully by learning from buying and and selling altcoin make us more experienced
At this time DONT trade in bitcoin. BTC these days is too risky for trading. the best way to utilize your funds is to invest in ICOs. Find sometime and make your own research about evareium.
There are not special tips and tricks for exact exchange. Just learn some movies and technical books for trading like Hall( options), Jack Schwager and more and more practical experience!
It seems to me that all the information on bitcointalk is enough for theoretical knowledge, and everything else needs to be studied and understood only in practice. I also studied the same way and then I first deal with the exchange, and only then I registered for bitcointalk. 
There are not special tips and tricks for exact exchange. Just learn some movies and technical books for trading like Hall( options), Jack Schwager and more and more practical experience!
You can start trade with bitcoin, Bitcoin is a cryptocurrency and a new and unique financial vehicle, unlike anything the world has ever seen. When Bitcoin will go down then you can buy bitcoin and start trading. It is a good chance for you. Bitcoin offers benefits to merchants as well, as transactions that involve the digital currency are secure and irreversible. Trading is a risky business so be careful.
I think right now I'm hesitant to invest in bitcoin because I see prices keep falling, but if you intend to buy some bitcoin it's better to wait at the bottom price.
Don't be hesitant to invest in bitcoin, actually this time is one of the right time to invest at, but I would suggest that you should not do trading as of this moment because you are still not ready with it, so better to do trading at the right time
I think right now I'm hesitant to invest in bitcoin because I see prices keep falling, but if you intend to buy some bitcoin it's better to wait at the bottom price.
There is no difference in trading between other Exchange. A lot of material that must be understood in trading, you can see tutor on youtube or in this forum. the most important thing is practice and start action.
please read here, may be useful.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
I've read this article. I think it's special for forex trading.please read here, may be useful.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
I do not even understand that candles can be predicted correctly.
I only know that the issue can destroy anything.
for you to be a successful trader you need to perseverance and consistent you will need help from other traders just like the one you are getting now. I dont use bitfinex but I use binance. I followed alot of signal group both on twitter and telegram. and also, I subscribed to binance coin listing newsletter because the earlier you join the whale the better profit you get. and lastly do not be greedy. always set target for yourself and do not deviate from it unless you are losing money
If we are referring to perseverance and consistency when it comes to learning, then I totally agree with that. Trading is a profession and not just some quick way to make some gains and only those who see it as such and take it serious are the ones who always end up making the best out of it. While so many people are busy rushing into trading today without learning is because they see it as something they can just easily do without knowledge, but over time, they always get to have the experience the bad way until they go back to the book to learn.
Doing trading now on bitcoin is so difficult pal. even though in different manner 'cause the fluctuation is very hard to predict due to some causes which is people panic to sell , so don't jump on it if you don't know what risk it contains. And IMO trade with alt is good than bitcoin 'cause alt nowadays is cheap so much better to start with it.
Better believe it, it had been correct, nevertheless currently Republic of India's administration has modified temperament and currently bitcoin is not boycott in India, still people utilizing it and exchange with it. Else he decide bitfinex, thus i do not understand any distinction between completely different trades and bitfinex, to boot he's correct informing to lean regarding exchange while not understanding and inclination we have a tendency to could not gain from exchanging. that's the explanation I steering you to hunt concerning exchanging YouTube you'll discover exceptionally useful recordings.
There is no difference in trading between other Exchange. A lot of material that must be understood in trading, you can see tutor on youtube or in this forum. the most important thing is practice and start action.
please read here, may be useful.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
Yeah all trading site have similarities but only the designs and sorts of things are different but the process as trading is really not that much of a difference. OP didn't quite get it yet but i hope he reads this. The only thing that matters is how are you going to profit in trading learning a trading site is pretty easy now. please read here, may be useful.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
in my opinion, bitcoin is not suitable for trading because it has a small range fluctuation and its price is too high. trading with low interested rate does not make you rich. Let's hold BTC in long term.
Please truly make up your mind before jumping into trading so you don't end up depressed cause I have seen a lot of posters saying how depressed they have become trying to trade bitcoin especially with this fluctuating price of bitcoin. Before you enter into trading, you need to learn and try tactics that will work for you cause crypto traders trades with different strategy.
for you to be a successful trader you need to perseverance and consistent you will need help from other traders just like the one you are getting now. I dont use bitfinex but I use binance. I followed alot of signal group both on twitter and telegram. and also, I subscribed to binance coin listing newsletter because the earlier you join the whale the better profit you get. and lastly do not be greedy. always set target for yourself and do not deviate from it unless you are losing money
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