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Topic: Start trading (Read 1487 times)

hero member
Activity: 938
Merit: 1000
November 08, 2015, 09:24:22 AM
#27
Well, bitcoin price is now unpredictable. No one knows anyway why bitcoin price is skyrocketing.

In my opinion, you can try to fast trading using arbitrage technic.
full member
Activity: 196
Merit: 100
November 07, 2015, 07:02:36 AM
#26
Don't believe what the exchange's chatbox or aka. trollbox says. They are mostly inaccurate and you shouldn't heed their advice. Instead, form your own decisions without the influence of others. If not, stop thinking about trading.

Exactly! Sometimes when I get bored I read what people write in trollbox. Mostly what they says is complete opposite of what is actually!
hero member
Activity: 630
Merit: 500
November 07, 2015, 06:57:23 AM
#25
Don't believe what the exchange's chatbox or aka. trollbox says. They are mostly inaccurate and you shouldn't heed their advice. Instead, form your own decisions without the influence of others. If not, stop thinking about trading.
full member
Activity: 196
Merit: 100
November 07, 2015, 06:48:15 AM
#24
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
True, as with any stock market the Bitcoin market is also very dynamic and a plethora of factors can affect the price very swiftly. Always advisable to do a detailed analysis and (reasonably) extensive research about the market environment before you start trading.

I agree that for newbie Bitcoin market is risky, but for newbies all markets are risky Wink Bitcoin price is very dynamic, but in longer run it is good investition. And i don't agree that price can go down to $30. I'm sure that price will never drop under $250
sr. member
Activity: 350
Merit: 250
November 07, 2015, 05:01:41 AM
#23
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
True, as with any stock market the Bitcoin market is also very dynamic and a plethora of factors can affect the price very swiftly. Always advisable to do a detailed analysis and (reasonably) extensive research about the market environment before you start trading.
full member
Activity: 196
Merit: 100
November 04, 2015, 06:49:18 PM
#22
i would wait to buy bitcoins. the price has risen very much over the few weeks. more than 100%. a price correction is overdue.

hehe you're right! One thing is certain when you trade! The correction always comes! Sooner or later, but ALWAYS! So wait with your finger over "buy" button, because it will come in hours.. Smiley But that's only my speculation.. Wink
full member
Activity: 210
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
November 04, 2015, 04:15:29 PM
#21
i would wait to buy bitcoins. the price has risen very much over the few weeks. more than 100%. a price correction is overdue.
sr. member
Activity: 364
Merit: 250
November 04, 2015, 09:46:10 AM
#20
Hello I am new is now a good day to buy a few of bitcoins?? i read in some chat that this moment is dump and doump... what i have to do???
ps i am a beginner of trading..
thank you guys

Yeahh This day is good day to buy bitcoin for "short time " investment
you can get +10 maybe +30 at "short time investment" at this moment

don't let to buy or you cry later Wink
full member
Activity: 235
Merit: 100
November 04, 2015, 09:13:23 AM
#19
Main objective of trading is buying at dump (low rate) and sell it at pump (high rate). If you follow this exactly, you're a good trader? imo.
full member
Activity: 196
Merit: 100
November 04, 2015, 08:59:56 AM
#18
If you don't have any experience i suggest you get some free satoshi from giveaways or faucets and try to trade with small amounts with Altcoins. It will be safest for you by now. Read a lot and later you will decide if you want to invest or not.
legendary
Activity: 1456
Merit: 1000
November 04, 2015, 07:41:30 AM
#17
its high risk if we didn't follow news, market prices and analytics.. in a day on my country, bitcoin rate can fluctuative until 100 USD Sad

What country are you in and what are you talking about?   You should have pretty close rate to online, you can use a exchange to get that rate.

If you are saying in your country you meet up and get less... you are doing trading wrong.   In person should always be more then exchange.

If you could explain your statement a little more, I'm not sure I got it 100 percent.
hero member
Activity: 532
Merit: 500
November 04, 2015, 07:11:19 AM
#16
Hello I am new is now a good day to buy a few of bitcoins?? i read in some chat that this moment is dump and doump... what i have to do???
ps i am a beginner of trading..
thank you guys

I advise you to buy and then hold it. not too long thinking or you will only be a spectator. I also have done it, I believe the current bitcoin is in a good increase and will continue to rise Smiley
newbie
Activity: 31
Merit: 0
November 04, 2015, 07:07:20 AM
#15
its high risk if we didn't follow news, market prices and analytics.. in a day on my country, bitcoin rate can fluctuative until 100 USD Sad
legendary
Activity: 3206
Merit: 1069
November 04, 2015, 04:13:22 AM
#14
the definition of trading right now is simply buying and holding, forget p&d, you need to have  a very good experience to even earn a very small %, and or you need to be a manipulators, with a very large initial investment

i would simply buy for now, that the price is increasing nicely
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
November 03, 2015, 07:25:28 PM
#13

its gambling 100%, human physic is constructed in a way, it will always loose in gambling, depends on time (except 1% humans that are diffirent than others)

Yup. That 1% are the wolves. Everyone else is the sheep wandering aimlessly around waiting to be devoured. No matter how high crypto markets get, the same human psychology will apply. Everyone'll be too scared to buy when the real professionals are loading up and they'll be waiting to sell again to them at the tippy top.

It's easy to say market moves were inevitable in retrospect. Once you have actual money on the line you'll probably wind up squealing and blowing it.
legendary
Activity: 2212
Merit: 1041
November 03, 2015, 07:24:14 PM
#12
started reading pump and dumping and it could potentially kill you.  Grin
so it should have been better if you bought the btc when price was $200 +.  Spot the pump and dump on the chart if sudden move from down to up then it must be a pump and dump.

legendary
Activity: 2296
Merit: 1014
November 03, 2015, 07:17:14 PM
#11
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
its gambling 100%, human physic is constructed in a way, it will always loose in gambling, depends on time (except 1% humans that are diffirent than others)
legendary
Activity: 1456
Merit: 1000
November 03, 2015, 06:45:48 PM
#10
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money

Just never invest more then you can lose.  Those who got in on 230 and now raised to 400 or so made a lot off just sitting on coins.   If you go into alts it gets harder and harder.

So if OP is thinking day trader.... it's going to be tough.  If trading as in holding long  term not near as tough to do.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
November 03, 2015, 06:38:00 PM
#9
Hello I am new is now a good day to buy a few of bitcoins?? i read in some chat that this moment is dump and doump... what i have to do???
ps i am a beginner of trading..
thank you guys

Hello mate and welcome to the forum and to the Bitcoin world!

Nobody knows when is a good moment to get in. We are in the middle of huge run and yes, everyone is expecting a pull back and a drop in prices but no-one can tell you 100% that this will happen.

Bitcoin and Bitcoin trading in many cases defys a log8c and this might be a case as well. There are many positive news pouring into a ecosystem and I wouldn't be surprised if this run continues for a while.

But it also might drop a minute after you buy. It's your call buddy, trust your hunch!

Good luck!
hero member
Activity: 812
Merit: 500
November 03, 2015, 06:33:48 PM
#8
i wouldnt recommend trading cryptocurrencies as one day bitcoin can be in huge price and another day it can drop by 30 dollars it is really unpredictable in my opinion
I agree with you its could be very risky for any newbie he need to spend too much time here as he has good experience then he can start this otherwise he will lost his all money
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