Suggest me to invest in Bitcoin Online Trading

LUCKMCFLY

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

~snip~

It is difficult to suggest an Exchange, because I do not know very well how your trading style is, if it is long term, short term, in my case I usually do medium and long term trading so that I can react to the time market movements. Remember that it is recommended that you learn to understand the market, some speculators give their advice in books, sometimes the Technical Analysis usually fails and that is what there is more information, that is why if you have knowledge of how the market moves you can have a broader criteria.

DevilSlayer

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Quote from: darewaller on February 08, 2020, 01:56:19 AM

This way you would hardly learn any trading but mostly would lose your capital in such panic sells. You should always remember that in no situation you should think about panic selling. Why would you not hold? Trading does not only mean to buy some coins and leave them for some time to see if they have profits. They are not actually any magic case which would itself grow profits. You need to find profits in trading.

Trading would never be in your favor, instead you should learn to follow the trend and be in trading's favor. You have to perform some actions along with you hold so that you could earn some amount aside from your capital which you could also use as your risk management.

Panic selling can avoid through improving trading psychology and also risk and management skill. Newbies have still lack of experience and that is why they are vulnerable to do panic selling. Their risk management is still poor but over time they can control their emotions where they can avoid panicking. We are once a amateur trader and we should aware on what is the disadvantages of panic selling.

Ridwan Fauzi

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

First of all, I just wondering why you choose DGB whilst your intention is you will buy bitcoin? Have you consider it before?

The one coin that I think I will not have any doubt to recover my money is bitcoin only, the rest such as ethereum or bitcoin cash I really doubt against it.

Look at the movement price of bitcoin recently, how interesting it is? So, when you had bitcoin you just need more patient to wait that my money will be recovered again.

canamani

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Better buy bitcoin if you don't know to trade, and try to hold until grow a lot, i really don't know if you are good at trading.

darewaller

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This way you would hardly learn any trading but mostly would lose your capital in such panic sells. You should always remember that in no situation you should think about panic selling. Why would you not hold? Trading does not only mean to buy some coins and leave them for some time to see if they have profits. They are not actually any magic case which would itself grow profits. You need to find profits in trading.

Trading would never be in your favor, instead you should learn to follow the trend and be in trading's favor. You have to perform some actions along with you hold so that you could earn some amount aside from your capital which you could also use as your risk management.

davinchi

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Quote from: AniviaBtc on February 06, 2020, 08:57:13 AM

When you invest in BTC, try to use Binance as a trading app. Binance has a massive volume because people prefer to use it as it has good features that a beginner will easily understand. As BTC is volatile in the market, it is hard to make profit immediately. In cryptocurrency, you should practice your technical analysis, patience and self-discipline for you to have a much better profit when you trade in a right time. Binance has a high speed transaction and high liquidity so people will easy to learn and it is user-friendly. All coins are covered by Binance so no matter what coin you're handling they can manage it, it is very flexible not like the other trading platform. Lastly, it has a low cost of fees compared to other exchanges.

The fees can also be minimized if we use their "BNB" coin to pay the fees. Also trading BNB can be beneficial for OP. Binance is really a convenient platform which makes trading easier and also features like Margin trading and Futures make binance more popular among traders.

The profits are huge in margin or futures trading considering the risk factor but if by any chance we try to make profits in futures than the initial capital of OP which is $1000 would earn a massive amount and perhaps OP should consider that. Maybe he would initially need a month or more to understand more about futures trading but it would indeed be much useful for him in terms of covering his previous loss and making massive profits in the high volatile markets.

irfan_pak10

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

I would recommend you to use Binance. and invest in these, But wait for a few days until some of them gets dumped, As its alt pumping season.
Texoz
Sc
Chain link
Ardr
Cosmos
Steem
Bcn
Omg
Algo
Kmd
Ada
Enj
Dash
FTX Token (FTT)
Horizen (ZEN)

imstillthebest

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you need to clear the question first if what do you really want . investing or trading ? because each of them are different . you cant say you will invest on trading because once you say invest ,that already means you are going to invest or not unless you will be doing both investing and trading . by the way how much money you started before ? small or also equivalent to 1000k usd , like the ones that you will be using this time . its only okay if you loose less before because that will only serve as a practice but now that you already know what you lack ,thats the time to increase and try again .

AniviaBtc

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Quote from: Mahanton on July 25, 2019, 10:43:29 AM

Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

Go with BTC and you cant go wrong with that or stick with top alts but all would be the same where you would still end up on holding for months or even years yet the market is always been unpredictable.No one knows on where it would go on a matter of specific of time.
When you arent sure on trading then you do just simply hold and dont rush up.

When you invest in BTC, try to use Binance as a trading app. Binance has a massive volume because people prefer to use it as it has good features that a beginner will easily understand. As BTC is volatile in the market, it is hard to make profit immediately. In cryptocurrency, you should practice your technical analysis, patience and self-discipline for you to have a much better profit when you trade in a right time. Binance has a high speed transaction and high liquidity so people will easy to learn and it is user-friendly. All coins are covered by Binance so no matter what coin you're handling they can manage it, it is very flexible not like the other trading platform. Lastly, it has a low cost of fees compared to other exchanges.

Kaliecious

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my advice to you, don't keep altcoin for too long unless you are sure the price will increase many times over.
it is better if you have profit just sell the coin and save it in USDT,
if you want to invest just buy a coin in the top 10 coinmarketcap hold for a few moments and sell when it's profitable

Negotiation

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

I suggest you invest in Bitcoin This currency stands at the top of everyone and it can make a lot of profit by investing a small amount on a volatile currency. Invest in the long term and try to hold it Also in the field of investing in Ethereum and many good currencies.

JessicaVL

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

Hey, if you re looking to start trading, then why don't you give social trading a go. It helped me build confidence when I first started trading. Social trading allows you to watch more experienced traders trade live. There are also social trading platforms like eToro that have copy trader features. This allows you to copy these more experienced traders, trade for trade, at just a click of a button.

Freddy11

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I know from my own experience that trading is so much better. If you are doing Crypto Trading, you are getting so much freedom and this is just not there with anything else at all. So regardless of you have millions or billions for investment, each and every time, I will go for trading only to have the comfort to do everything. If you do it via direct buying, it will often make you stuck and make you feel extremely helpless with a lot of things.

Mahanton

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Quote from: bitgolden on September 14, 2019, 11:32:14 AM

Quote from: velive08 on September 12, 2019, 04:07:41 AM

my advice is you try to use bitcoin as an investment and you try to do long-term hold. because bitcoin can be categorized as the safest coin and will easily experience an increase, so I think now you can try to bitcoin and you try to find profit from bitcoin.

I didn’t know who got him into cryptocurrency market, the person must have made a huge mistake not to have introduced him to bitcoin because I don’t want to believe that anyone that knows bitcoin will go and invest such huge amount of money on a coin that they are just gambling with. If not even bitcoin, it should have been some off those top altcoins that we have in the market aside ripple.

I guess the investment was made out of this believe that altcoins are capable of making 1000x, and that era is already gone. The highest that we can even see in the next bull run is 10x and that is either bitcoin or those coins that still have very low cap but very popular and with real use case, and I think that is what op should also be considering now with bitcoin and top altcoins.

You cant really stop those people not to invest into those low cap coins believing that they would able to make fortune just like what we have seen on 2017 bull run
where you can potentially earn 100x-1000x and make yourself rich.As you said those golden days were gone and now its even hard to make 2-3x on our investment.
For the person who do introduce to him about crypto,its really a mistake on not to consider out bitcoin even though it cant give you high multiplier but rest assured you can get some
decent percentage of profits for long term and also with some top altcoins but somehow you can make some choices though but you should be aware on the risk.

bitgolden

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Quote from: velive08 on September 12, 2019, 04:07:41 AM

my advice is you try to use bitcoin as an investment and you try to do long-term hold. because bitcoin can be categorized as the safest coin and will easily experience an increase, so I think now you can try to bitcoin and you try to find profit from bitcoin.

I didn’t know who got him into cryptocurrency market, the person must have made a huge mistake not to have introduced him to bitcoin because I don’t want to believe that anyone that knows bitcoin will go and invest such huge amount of money on a coin that they are just gambling with. If not even bitcoin, it should have been some off those top altcoins that we have in the market aside ripple.

I guess the investment was made out of this believe that altcoins are capable of making 1000x, and that era is already gone. The highest that we can even see in the next bull run is 10x and that is either bitcoin or those coins that still have very low cap but very popular and with real use case, and I think that is what op should also be considering now with bitcoin and top altcoins.

Rose_btc

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You can make a portfolio with top 5 coins that would be great for holding(Obliviously for longer period). Or if you are interested in trading then you can go for scalping. Scalping in once such thing that I am after past few days.

velive08

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my advice is you try to use bitcoin as an investment and you try to do long-term hold. because bitcoin can be categorized as the safest coin and will easily experience an increase, so I think now you can try to bitcoin and you try to find profit from bitcoin.

maydna

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

It is better to restart your trading to search for a new opportunity to make a profit in trading.

How about you analyze every coin in poloniex so you can find the right coins to buy. But perhaps, you can take a look at ATOM, LPT, GRIN, NMR, QTUM because I see that coin is new coins that have a big potential to increase high. But for sure, you need to have bitcoin as your main investment because bitcoin will rise higher in the future.

Don't forget to divide your money to buy at least 3 coins to hold for a while, so your chance will have a big opportunity to make a profit.

South Park

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.
Regards,
Ahsan

Perhaps you made a mistake precisely in that you invested all your capital in only one coin. It doesn’t matter which exchange you used, but I know for sure that your portfolio should be filled with at least 10 different cryptocurrencies. If we are talking about a starting capital of $ 1,000, then this is a good amount to start with.

Diversification of your investments just for the sake of diversification is a bad idea, you need to have a very specific reason for holding a coin and if you do not have it that is an indication that maybe you should sell that coin, also if a trader was unable to deal with the pressure of investing in one coin then it will be impossible for him to deal with ten, anyone that is considering investing should focus only in bitcoin then after some months have passed and they have shown to themselves that they can endure the volatility and the pressures of being a trader then they can try to invest in other coins.

BITDV

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Quote from: ahsan121 on July 06, 2019, 06:40:48 PM

Hey Hi,
I am Ahsan and i need your support to invest in bitcoin trading, i already used poloniex, i bought DGB there and after holding so many month i got frustrated and sold all in loss Cry

now i want to restart the things again with around $ 1000. so please suggest.

Regards,
Ahsan

Hi ahsan, what kind of trade do you want to begin, scalping, mid trade or long trade? i guest you want to scalp and get income every weeks right? Some point if you want to begin scalp trade in cryptocurrency

1. It wont easy to scalp in altcoin. If i want to do scalp trade, i will start trade with btc-usdt in crypto exchange. In non crypto exchange, i will use forex broker that support btc-usd as their pair. it's more profitable for me.

2. Scalp in altcoin will need extra time and patient, maybe it will need weeks, month, or even yearly. This is not suitable for fast profit, if you want to holding coin so it will be diffrent talk

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