Topic: So I want to get into trading. - page 17. (Read 9611 times)
I agree on that, sometimes, trading is not all about making the plans, it is more on relying on your instincts. If you are too afraid to risk then you won't get anywhere.
In my opinion, you should wait a bit longer. Patience is required if you want to get into the trading world. In the meanwhile, hold your bitcoin and do not waste them on gambling or other stuff. The price will surely go down, and when it does, sell as much bitcoin as you can.
You should start with 100$ and then hold, and then sell. That is what I am going to do if I have bitcoin. But I am still an amateur.
You should start with 100$ and then hold, and then sell. That is what I am going to do if I have bitcoin. But I am still an amateur.
Good idea to buy Bitcoin is when the price drop about 10%, because trend up of Bitcoin is strong, then you can trade use that Bitcoin to increasing amount of BTC. For altcoin trading much better do short trading especially altcoin that paired with BTC because the price of Bitcoin bullish trend all the time. I think just take profit between 10%-20% is enough and more safe, dont be greedy then you will win.
yes very true, bitcoin trend is getting stronger and this causes bitcoin prices to go up and also makes it very difficult to experience a decline even if only 10%. 
Good idea to buy Bitcoin is when the price drop about 10%, because trend up of Bitcoin is strong, then you can trade use that Bitcoin to increasing amount of BTC. For altcoin trading much better do short trading especially altcoin that paired with BTC because the price of Bitcoin bullish trend all the time. I think just take profit between 10%-20% is enough and more safe, dont be greedy then you will win.
Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
First, we can't really predict the path of bitcoin price. But for me the price is strong and most likely to go up in the next couple of weeks.
You should have bought btc's when the price dip at around $1800-$1900 last week. But since the price is slowly moving upward now to $2300-$2400, so I doubt it will go down to sub $2000 again. If you can afford to buy it now then I suggest get some small portion of it and see how the trend moves. Just remember that invest on what you can afford to lose so that at least you can mitigate your risk. Goodluck to you.
there is no exact time to buy bitcoin and only us that will know when the right time so we can directly buy bitcoin but if we want to increase our money or our bitcoin amount then i suggested you to analyze the price first. the price is up and down and sometimes makes people confuse to determine in how much price they should buy. but if you use bitcoin as a long term investment then you don't need to worried if somehow the price is down and you can buy bitcoin again so you have more bitcoin in your wallet.
Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
First, we can't really predict the path of bitcoin price. But for me the price is strong and most likely to go up in the next couple of weeks.
You should have bought btc's when the price dip at around $1800-$1900 last week. But since the price is slowly moving upward now to $2300-$2400, so I doubt it will go down to sub $2000 again. If you can afford to buy it now then I suggest get some small portion of it and see how the trend moves. Just remember that invest on what you can afford to lose so that at least you can mitigate your risk. Goodluck to you.
When you plan for getting into trading, never think of proper time and other auspicious occasions. With cryptocurrency the time you leave will make you worried of missing the opportunity. Now the thread has been created by June, if the user has made himself into trading he could have earned good sum, because what the growth has taken place between these days is much big with majority of the coins.
It is hard to predict price shifts of Bitcoin, altcoin market evaluation is even harder. The only clues we have are bitcoin related news.
But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.
You've stated things about bitcoin newbies need to know. If you are totally new to bitcoin its a great thing to know the pros and the cons on bitcoins system. You may include the weaknesses and the positive thing in regards to bitcoin transaction , system and security. For more development its better to take a monitor for the price and the changes. It is formally the basic form of trading where you buy when its low and sell when its high for you to earn and to adopt on changes.But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.
Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
If you don't want to buy bitcoin now you can make it from something free like faucet or something else, bitcoin prices are high and altcoin prices are down, but if you want to wait to buy bitcoin at a low price you will miss the train. 
To buy bitcoin at this time seems to need to wait for the right time until bitcoin prices actually go down, but maybe for now bitcoin prices will not drop drastically like last month and i think bitcoin prices will drop to $ 2500 for the next few weeks.
today the BTC has a big leap from 2800 USD last week to 3200 to this day. according to trading expert it is not a good buy for BTC since the price is high there is a tendency it might drop again 3000 USD below. its volatility it hard to predict its fluctuation if you can afford to buy the price today you can hold it and sell it at target price higher than 20 percent from its current price.buy today and trade later.
Obviously, I need BTC to get in but it seems like everything is high right now. Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins. But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost. Or do you guys see it climbing to 3k in the next couple of months?
You must like trading because trading can really help you with your financia needs and ut cab make your money grow bigger in a short period of time through an investment.
Bitcoin prices are now very expensive. Hard forks have no effect on bitcoin prices.
I think BTC price increases will not stop here. Pumping will happen again soon until the BTC price is $ 5000.
So I think it's time you to buy a little BTC to make a profit in trading.
I think BTC price increases will not stop here. Pumping will happen again soon until the BTC price is $ 5000.
So I think it's time you to buy a little BTC to make a profit in trading.
It's hard to tell and predict whether and when the price will go up or down, but so far the trend of BTC price has been increasing. Decide for yourself when is the best time to buy, because the price is really unpredictable and experiences frequent fluctuations.
If you want to start out trading altcoins, I suggest you research thoroughly on what altcoin to buy and invest on. It's inevitable for you to make an investment for you to able to get into trading, so I suggest you either earn a bit first or borrow. Also, be prepared to lose some because there are always some risks in trading.
If you want to start out trading altcoins, I suggest you research thoroughly on what altcoin to buy and invest on. It's inevitable for you to make an investment for you to able to get into trading, so I suggest you either earn a bit first or borrow. Also, be prepared to lose some because there are always some risks in trading.
You could buy bitcoins even now.Now bitcoin price is $2750.Most of investors feared about hard fork and they thought that bitcoin price may crash after hard for.But hard fork has happened and bitcoin is performing well with no price dips.So,bitcoin price is now expected to rise soon.So,just buy bitcoins as soon as you can.
No hard fork has happened into bitcoin system hence prices are stable till now. These sustaining prices are too good to enter in as we can be sure prices may hit big number in coming weeks.But honestly I'm not recommending to get into bitcoin as a trader but it will be highly profitable to be a an investor here. Because in the profit making ratio between investor and trader, investors are always winning with huge margin. So this must be the right time to get into bitcoin but as an investor.
You could buy bitcoins even now.Now bitcoin price is $2750.Most of investors feared about hard fork and they thought that bitcoin price may crash after hard for.But hard fork has happened and bitcoin is performing well with no price dips.So,bitcoin price is now expected to rise soon.So,just buy bitcoins as soon as you can.
No hard fork has happened into bitcoin system hence prices are stable till now. These sustaining prices are too good to enter in as we can be sure prices may hit big number in coming weeks.But honestly I'm not recommending to get into bitcoin as a trader but it will be highly profitable to be a an investor here. Because in the profit making ratio between investor and trader, investors are always winning with huge margin. So this must be the right time to get into bitcoin but as an investor.
so if you want to get into trading be ready to sleepless nights,headeaches,stress etc.be ready to lost your social life.
Though as at the time you open this thread bitcoin was too high to invest in but within July 15 to 22 bitcoin went down below $2,000 and after that is now to high again. Currently we are expecting price to pull back to $2400 before the next pump! Likewise to Ethereum.
You could buy bitcoins even now.Now bitcoin price is $2750.Most of investors feared about hard fork and they thought that bitcoin price may crash after hard for.But hard fork has happened and bitcoin is performing well with no price dips.So,bitcoin price is now expected to rise soon.So,just buy bitcoins as soon as you can.
i think yes it is still good time to buy bitcoin, because the price is not coming down anymore. therefore it will be good to buy bitcoin in present time. because after some days it may not be possible to buy bitcoin.
You could buy bitcoins even now.Now bitcoin price is $2750.Most of investors feared about hard fork and they thought that bitcoin price may crash after hard for.But hard fork has happened and bitcoin is performing well with no price dips.So,bitcoin price is now expected to rise soon.So,just buy bitcoins as soon as you can.
No hard fork has happened into bitcoin system hence prices are stable till now. These sustaining prices are too good to enter in as we can be sure prices may hit big number in coming weeks.But honestly I'm not recommending to get into bitcoin as a trader but it will be highly profitable to be a an investor here. Because in the profit making ratio between investor and trader, investors are always winning with huge margin. So this must be the right time to get into bitcoin but as an investor.
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