So I want to get into trading. - page 19.

stergium

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Quote from: raven7886 on July 08, 2017, 03:28:41 PM

Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

the most important key to success in trading is your patient. if you do not have any patient then you cannot be succeeded in trading. to become expert in trading you also need to get experience and learn trading skill, you must study all the aspects of trading. it is really a time consuming job and you also need to remain patient for a long time and will never try to take a dection based on emotions.

SilverPunk

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Quote from: que91 on July 08, 2017, 11:15:09 PM

Quote from: n0ne on July 08, 2017, 10:57:02 PM

Quote from: SilverPunk on July 08, 2017, 09:21:29 PM

Quote from: raven7886 on July 08, 2017, 03:28:41 PM

Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

Not only smart decisions will lead to success here we need more skills in trading. Speaking of aspects trading have many aspects although having a patience is the number 1 enemy of a trader you must be in a good patience what I mean is the the altcoins you bought is worth the wait and not only some pump and dump scheme coins and in the will dump hardly.

As quoted patience is a must without which only the luckiest earns and the rest stay or quit ending with loss. Another thing important is the capital, because only based on that will be your earnings. Finally diversified investment should be done, specifically I can suggest to buy at low price and if this hasn't given a good pump don't sell, just have patience and use the capital to invest into some other coin. When the price pumps you could sell and profit. This is why patience and capital is much required.

In my opinion, capital management and keep safest your funds always important than find a ways earning extra profit everyday or patience wating the price recovery to your base when wrong.

Example: With STR in last month, I bought at price @2800 sat/STR, if I still patience wating the price rising up again, at now I will get take loss -400% in last day when the price drop to @700 sat/STR lol!

Accept take loss and wating the price falldown can helps you buy a lot of amount altcoin and better than waiting recovery

So its ul to your own decision making if you example STR i will wait until it pumps back altcoins were dump this time and it is a chance to buy more STR in my own opinion .or either if i loss -400% i will just wait than to lose that big amount .if you have some bitcoins to buy other coins its good but if you have nothing but STR do a cut loss .

que91

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Quote from: n0ne on July 08, 2017, 10:57:02 PM

Quote from: SilverPunk on July 08, 2017, 09:21:29 PM

Quote from: raven7886 on July 08, 2017, 03:28:41 PM

Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

Not only smart decisions will lead to success here we need more skills in trading. Speaking of aspects trading have many aspects although having a patience is the number 1 enemy of a trader you must be in a good patience what I mean is the the altcoins you bought is worth the wait and not only some pump and dump scheme coins and in the will dump hardly.

As quoted patience is a must without which only the luckiest earns and the rest stay or quit ending with loss. Another thing important is the capital, because only based on that will be your earnings. Finally diversified investment should be done, specifically I can suggest to buy at low price and if this hasn't given a good pump don't sell, just have patience and use the capital to invest into some other coin. When the price pumps you could sell and profit. This is why patience and capital is much required.

In my opinion, capital management and keep safest your funds always important than find a ways earning extra profit everyday or patience wating the price recovery to your base when wrong.

Example: With STR in last month, I bought at price @2800 sat/STR, if I still patience wating the price rising up again, at now I will get take loss -400% in last day when the price drop to @700 sat/STR lol!

Accept take loss and wating the price falldown can helps you buy a lot of amount altcoin and better than waiting recovery

Mpamaegbu

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Quote from: caldero on June 02, 2017, 02:04:11 PM

Quote from: mutami on June 02, 2017, 01:22:45 PM

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?

The idea with trading is to increase the number of btc you have so in that sense the price doesn't matter. That being said I still wouldn't recommend trading as 99% of traders end up with a loss so unless you really know what you are doing its not advisable.

Caldero, you are right. That was my though too when I read through OP's post. He really doesn't need to wait for price to crash if he actually wants to trade Bitcoin or altcoins. We only wait for the price fall if we plan to just hoard and then resell whenever price goes up. However, I don't agree with you on the part that many who trade end up losers. People make money from trading cryptos the same way they do trading Forex.

n0ne

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Quote from: SilverPunk on July 08, 2017, 09:21:29 PM

Quote from: raven7886 on July 08, 2017, 03:28:41 PM

Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

Not only smart decisions will lead to success here we need more skills in trading. Speaking of aspects trading have many aspects although having a patience is the number 1 enemy of a trader you must be in a good patience what I mean is the the altcoins you bought is worth the wait and not only some pump and dump scheme coins and in the will dump hardly.

As quoted patience is a must without which only the luckiest earns and the rest stay or quit ending with loss. Another thing important is the capital, because only based on that will be your earnings. Finally diversified investment should be done, specifically I can suggest to buy at low price and if this hasn't given a good pump don't sell, just have patience and use the capital to invest into some other coin. When the price pumps you could sell and profit. This is why patience and capital is much required.

SilverPunk

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Activity: 350

Merit: 250

The Blockchain Evolution of Prediction Markets

Quote from: raven7886 on July 08, 2017, 03:28:41 PM

Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

Not only smart decisions will lead to success here we need more skills in trading. Speaking of aspects trading have many aspects although having a patience is the number 1 enemy of a trader you must be in a good patience what I mean is the the altcoins you bought is worth the wait and not only some pump and dump scheme coins and in the will dump hardly.

raven7886

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Quote from: joganuts on July 05, 2017, 08:41:39 AM

Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

As a beginner OP has to look up to each and every aspect of the trading. Its not as simpler as getting into a system and start earning. It need you to be smart enough to handle ups and downs regarding the worth of currency. Secondly, patience is the most important key here, if we talk about the trade. Smart decisions will lead you to the success.

jovs

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Quote from: Snorek on June 02, 2017, 01:37:09 PM

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.

The truth is before you actually get into trading you need first to educate yourself for the basic and the prior of it. It would help you to get yourself ready and more productive on the point that you can avoid doing mistake particularly on decision making on trading. Monitoring the price is quite hard for those who don't know how it may become easy. The thing is you need to prioritize on making a wallet suitable for monitoring , holding and transaction for you to monitor the price according to your chosen transaction.

dothebeats

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Quote from: tokyoliving on July 08, 2017, 02:19:37 AM

Quote from: Chin Cheng on June 02, 2017, 02:19:53 PM

I would rather wait for a good ICO and make sure i read and understand everything what their business proposals and will contact the team and then take a decision to invest with them and that is how i am making my money in the trading industry.It is good business for now,but you have to make sure you are investing in legit ICO.

Any good upcoming ICOs that anyone suggests?

Not that I know of, right now I can't seem to find any good ICOs in the altcoin sub forum but if in case you happen to stumble on one of the ICOs, you might consider the dev team, road map and public support since those are the vital parts of a successful coin that will not be left behind by the dev.

tokyoliving

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Quote from: Chin Cheng on June 02, 2017, 02:19:53 PM

I would rather wait for a good ICO and make sure i read and understand everything what their business proposals and will contact the team and then take a decision to invest with them and that is how i am making my money in the trading industry.It is good business for now,but you have to make sure you are investing in legit ICO.

Any good upcoming ICOs that anyone suggests?

1Referee

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Quote from: bitllionaire on July 06, 2017, 01:24:20 PM

because in bitcoin trading there is no risk to invest your money.

Not? If there are no risks involved, how do noobs end up burning through their entire holdings in a relatively short period of time? How do even experienced traders take occasional hits when it comes to trading? How do whales end up growing larger? It's because they control this market with iron fist. If you can't ride the waves they create, you'll get eaten alive - especially with a mentality that is similar to yours. Not being able to see and understand what risks are involved in trading is very dangerous. For your own well being, you shouldn't be doing any sort of trading.

mace15

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Quote from: Darknight31 on July 07, 2017, 12:02:57 AM

Quote from: andreibi on June 02, 2017, 02:53:42 PM

Practice trading here first http://[Suspicious link removed]/simplemargin

They let you use their platform with demo money. If you profit more than you lose, then go for it with real BTC.

Right now i am just planning to trade some of my bitcoin but I am still in the process of learning it, but after reading some of the threads here in the forum I gained more knowledge about it. Will think of if again. Thanks

Thats nice a demo trading will absolutely will practice your skills in trading. Once skilled already you can start trading in bitcoin. For me, if you have funds you can just buy bitcoin invest on what you can afford. Even price is expensive now I believe it will eventually increase higher. So we can get all earn profit in bitcoin.

Darknight31

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Quote from: andreibi on June 02, 2017, 02:53:42 PM

Practice trading here first http://[Suspicious link removed]/simplemargin

They let you use their platform with demo money. If you profit more than you lose, then go for it with real BTC.

Right now i am just planning to trade some of my bitcoin but I am still in the process of learning it, but after reading some of the threads here in the forum I gained more knowledge about it. Will think of if again. Thanks

el kaka22

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Quote from: zulkarnaen on July 02, 2017, 10:51:16 PM

Quote from: mutami on June 02, 2017, 01:22:45 PM

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?

I think the bitcoin price is still unstable is still likely to go down or up, but if you have interest to trading with bitcoin can start from now to buy it. I think if have ability to trading it seems no need to wait bitcoin price down.

And buying a few bitcoins does no harm since you are gonna trade and you will accumulate bitcoins only, I mean even if the price is a touch high than the expected price but you will earn your profits in bitcoins too so you can easily compensate there.
I have been trading a lot and recently bought 0.1 bitcoins for trading too and I don't regret since the price has got up only and I have got some fine profits with my trading too.

bitllionaire

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Quote from: Ucy on July 06, 2017, 01:13:01 PM

You should go in now if you haven't already. This is certainly the perfect time to buy Ethereum as it's about to head back up. I doubt Bitcoin will go down below 2200. You should probably just face Ethereum and hold.

to me as we can see that bitcoin is trading too much stable it has now started increasing gradually, therefore to me i think it will be more profitable to invest money in bitcoin instead of anywhere else, because in bitcoin trading there is no risk to invest your money.

Ucy

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You should go in now if you haven't already. This is certainly the perfect time to buy Ethereum as it's about to head back up. I doubt Bitcoin will go down below 2200. You should probably just face Ethereum and hold.

wuvdoll

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Quote from: Hamphser on July 04, 2017, 11:45:16 AM

Quote from: Gaff on July 04, 2017, 11:33:08 AM

Quote from: iqlimasyadiqa on July 04, 2017, 09:32:59 AM

Quote from: mutami on June 02, 2017, 01:22:45 PM

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 can trade anytime, different is the target you want to achieve. I think you should be able to take advantage of the standard but can constantly get it rather than get big profits but only once. Think that trading is a job that requires consistency so you can benefit greatly from many of the selected decisions.

I agree. Trading is so broad when it comes to the product but in the world of bitcoin becomes more challenging because it isn't an obvious way to get money. However, it may consider as untrusted to some but it's up to others opinion whether they believe the power of bitcoin's advantages in trading or not. For now focus on trading bitcoin at your own convenience.

Trading on bitcoin is really risky since we do know the price of its do change anytime and its too volatile. It can really give you out good profits but depending on how you do trade and how do skillful you are. Trading cant be learn on a short period of time and it does need lots of trials and errors for you to get the right formula. Perseverance would be mainly needed here.

Considering Bitcoin a risky way of earning is a stupidity. If you see the progress of the exchange rate of Bitcoin you will definitely believe in the improvement of its worth.

My uncle bought some of the bitcoins few years ago as his friend advised him to do so. And after few years when the worth of bitcoin grew, he was really amazed to see that how can a value of an online currency grow this much rapidly. And when he exchanged those bitcoins with the paper currency his profit was 3 times greater than his investment. Bitcoin gives you a lot but only if you have patience. You just have to wait for the right time.

Yatsan

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Quote from: zekeshawn on July 06, 2017, 08:48:20 AM

Quote from: d0flaming0 on July 06, 2017, 07:08:10 AM

Guessing or predicting the price wont let you earn, even waiting at the right time, it is always better and much advice when i first entered cryptocurrency espescially trading they have told me to buy now and hold and don't wait because we don't or we might not know what will happen next.

Exactly! When I first entered the cryptocurrency world and got into trading the people who guide me told me that there is no perfect timing in buying bitcoin and altcoins if your plan is hold it for long term, because if you plan to hold it for 3 or 5 years then for sure the price will be high by that time.

Well said. Bitcoin and other altcoins are not just for an buy and sell or scalping because when you want to earn a big profit long term is the real deal because in trading the time is the key to earn as you will look at the graph every coin from the start the price is low but now that is multiply many times, So buy and hold is the good way of trading.

zekeshawn

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Quote from: d0flaming0 on July 06, 2017, 07:08:10 AM

Guessing or predicting the price wont let you earn, even waiting at the right time, it is always better and much advice when i first entered cryptocurrency espescially trading they have told me to buy now and hold and don't wait because we don't or we might not know what will happen next.

Exactly! When I first entered the cryptocurrency world and got into trading the people who guide me told me that there is no perfect timing in buying bitcoin and altcoins if your plan is hold it for long term, because if you plan to hold it for 3 or 5 years then for sure the price will be high by that time.

BarbieCasino

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Quote from: HasHe on July 04, 2017, 12:53:37 AM

You should have bought btc in january when its price was $1000 or before two months when its price was $1800.But even now,its not too late.Bitcoin is predicted to move in bullish trend through out this year.It is normally predicted that bitcoin price could cross $3000 by this year end.So better buy bitcoins now.

i totally agree with you at the end of the year bitcoin cross 3000 dollar and now bitcoin is going high in price and using by all kind of people. If you want to get into trading you need to buy bitrcoins and spend good saving on it Trading will be beneficial for those users who have fine knowledge about trading and investing so at the very first buy some bitcoin .

Topic: So I want to get into trading. - page 19. (Read 9642 times)