Suggest me to invest in Bitcoin Online Trading - page 2.

Findingnemo

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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.

Number of coins in our portfolio doesn't matter ifwe fill all of them with shit coins.

Diversifying all our capital into shitcoins doesn't change the result at all.We need to hold some coins initially which has some stability compared to other cryptos then also invest on some most volatile coins but not completely into shit coins.

pundit

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I would suggest you to go for investment in Bitcoin but remember Bitcoin is very volatile currency it may give to loss in short term but if you invest the amount for long term, chances of good profit are much brighter. Bitcoin is the hottest cryptocurrency to invest now a days. If you want to invest in altcoins, my first choice and suggestion would be BNB. Binance is the most trusted crypto currency exchange, If you go some moths back BNB was trading at $8-10, current price of BNB is $28. BNB may turn a good investment decision if you are willing to invest in altcoins.

Ridwan Fauzi

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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 just weird when you said that you need a support to invest in bitcoin but you choose an altcoin to start investing. You have wasted your time to choose an altcoin instead choosing bitcoin as your investment place. Most people in the cryptocurrency has been aware that bitcoin is the promising place to be choose. You only need a patience and set the target profit that you want and let it.

Even, most of cryptocurrencies user has known that bitcoin in 2020 will meet an increasing price drastically. You will know the halving event, because this event is one of the several way that will make bitcoin price up higher. You can store your $1000 into bitcoin and keep it for long term investment. Indeed, choosing investment in cryptocurrencies will make you get a frustated moreover when you came here just know from somebody else and you never tried to understood it.

Ms_Arc

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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

Suggestions for you: buy and hodl BTC. Cool

goinmerry

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Quote from: CryptopreneurBrainboss on August 03, 2019, 01:57:56 PM

You need an exchange that's active in listing new tokens/coins and it's left for you to research on which token/coins is worth trading also try trading coins with low supply as I consider coins with huge supplies to be a long term investment projects considering the project is worth investing in.

OP can stick to the most reputable trading platform for now. Since OP is confused on what to do, the best way is to minimize the risks he is dealing with any exchanges so Binance as an example will be a good choice.

And it might difficult if OP will consider trading on low supply coins or low market cap today since he is still on the learning process. I suggest to just stick with Bitcoin or any top currencies for the moment so that while learning other things, he isn't increasing the risks of losing much on other altcoins.

Step by step and hopefully he will learn someday.

CryptopreneurBrainboss

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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.

When you say bitcoin trading were you referring to trading bitcoin against fait e.g BTC/USDT or bitcoin against altcoin e.g BTC/ETH. If your goal is to increase the number of bitcoin you have by trading it against altcoin then you first have to change your exchange. Poloniex can't offer you better opportunities in doubling your bitcoin by trading altcoins. The exchange is outdated and most new projects don't consider listing their token on the exchange anymore as they don't have the volume/media hype to affect the price of any coin. You need an exchange that's active in listing new tokens/coins and it's left for you to research on which token/coins is worth trading also try trading coins with low supply as I consider coins with huge supplies to be a long term investment projects considering the project is worth investing in.

babysweetTiger0401

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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

Why don't you try to use other exchange platform just like Kucoin, Binance, Idax, or Okex majority of the coin
listed here are more good and better than DGB, they have a lot pf altcoins in which are having good and great
volume.

Iceblast

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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

maybe my suggestion is that you should start to trade in bitcoin and leave the risk of a coin that has the potential to lose. because right now in an unstable market condition if you take a step wrong, only losses are obtained and it's not good

redsun114

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Quote from: The Cryptovator on July 31, 2019, 02:23:59 PM

Seems you have lost your patience and lost your fund as well. Current altcoin markets is on huge dumped, if you bought on high rate then you should wait at least more few days. Due to btc volatility all altcoin has been bleeding hardly, I can't see any other way except hold. However since you want to trade again then you must learn more. You should have a aim and you should make target that are you going to do day trade or middle terms trade. Then you have to choose coins which will give you profit. So its depend on how you are going to trade. There is no any shortcut way to gain on trading, so you need enough patience.

I would not even advice anyone to go into trading at this period, especially they should not make the mistake of trading altcoins, because as you said, the altcoins market is seriously bleeding and most traders are even angry with it, so anyone trading altcoins right now should really not expect anything profitable to come out of it.

If there is any wise investor left, now that most of these coins have bleeded so deep, I think this should be the time that many people should fully go into buying these coins at large now and accumulate as much as they can. The altcoins season is coming and if I was op, I would even buy that digibyte now, because it will definitely moon also during the altcoins season. So rather than some people giving up right now, they should just look into having some of these potential coins now.

Gibreil

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Quote from: ahsan121 on July 06, 2019, 07:40:48 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

You need to make things prior to your execution. That is a plan using technical analysis. I thing that is the mistake of 30% people that trades. We just looking for a bull season specially when the market goes up. We are after the excitement because if we see that bitcoin goes 13K dollars, we buy due to the FOMO. But we cannot see that it may turn down, so we lose a lot.

The Cryptovator

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Seems you have lost your patience and lost your fund as well. Current altcoin markets is on huge dumped, if you bought on high rate then you should wait at least more few days. Due to btc volatility all altcoin has been bleeding hardly, I can't see any other way except hold. However since you want to trade again then you must learn more. You should have a aim and you should make target that are you going to do day trade or middle terms trade. Then you have to choose coins which will give you profit. So its depend on how you are going to trade. There is no any shortcut way to gain on trading, so you need enough patience.

omonuyak

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Quote from: poldanmig on July 26, 2019, 09:09:35 AM

Quote from: Wind_FURY on July 07, 2019, 07:02:51 AM

OP, buy and HODL Bitcoin, nothing else.

it is absolutely right to get big and promising results because we buy and hold bitcoin until we experience a price increase that is a better way to make us smart investors to get results. and what must be avoided in us is panic and greed because it will destroy our investment

Hedging is the best way to make money from your investment in crypto currency. We have a lot of opportunities to take advantage from the up and down of the market daily. However, you will needs indept knowledge about the market to be able to make it. Hedging is less risk to buying and holding to me, just that the knowledge needs is very deep.

michellee

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We could only suggest you learn about trading, especially to learn about the analysis of the chart because that is the important thing that you need to have. You can learn by a watch from youtube, read on medium or another website so you can have the lesson to improve your skills. You need to practice trading in the exchange but don't use big money to try. Maybe you need to use small money as start and try to make the profit and then you can add more funds to trade so your profit will bigger.

maxreish

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There are so many things you have to learn in bitcoin trading. Selling it at loss is not the right thing. If you want to make it as profitable trading, learn the basics like technical analysis/indicators, candles, charts. That way, you will have an idea on when to buy or when to enter the unpredictable market. Or hodling it and patiently waiting for the pump is the only choice you have if you want to gain more profits.

Here is the link guide for bitcoin trading.

South Park

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Quote from: BristolRovers on July 25, 2019, 03:08:25 PM

Be careful as trading successfully requires knowledge and practice. The trading market is occupied by very large players who are just waiting for newbies to come in and throw their money away by trading aimlessly.

snip

This, does someone know of anyone that got rich in any market by listening to the advice of others? Those that are making money by trading an investing have their own strategy and they do not listen to the noise generated by the media or anyone else, so anyone with that kind of thinking is making a huge mistake by making the assumption that someone is going to give to him a few hot tips of coins that are going to skyrocket, so if you want to make money in the markets there is only one way and that is to develop your own strategy.

SirLancelot

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For the coin that you bought and sold which I am not too familiar with, probably you panic sold and were not patient enough, or you could have bought at the peak rate when the price was already overbought, anyway, sorry about your loss. Right now, I think the best coin you can still buy and hold at this moment for you to get an assuring profit in future is Bitcoin, at least you should be able to make 3x of that back when bitcoin fully hit the bull lane.

Aside bitcoin, kindly look at projects within the top 50 in the coinmarketcap, those are the projects that you can make your investment in and relax knowing that there is going to be a promising future for your investment because they have working products and will always get people that would invest in them.

Yamifoud

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If we are looking into a safe play, then we'll just stop at holding. Trading is quite difficult and of course its risk, but this is also a way and chances to move our investment higher. Though the risk is high, we can make it at low if we never think of it and focus on our trades. And the only way to make our fear never control our minds is to get strong and face the risk.

Mpamaegbu

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To be honest with you, anyone who was here ore-2018 won't be in a hurry to suggest any type of altcoin to you for investment. Most of them will tell you to invest only in Bitcoin or steer clear of crypto investment because of the frustrating crash the market had last year. Again, I believe it's not a safe idea to ask random strangers for financial advice. I might suggest one to you though with a caveat.

Walton

poldanmig

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Quote from: Wind_FURY on July 07, 2019, 07:02:51 AM

OP, buy and HODL Bitcoin, nothing else.

it is absolutely right to get big and promising results because we buy and hold bitcoin until we experience a price increase that is a better way to make us smart investors to get results. and what must be avoided in us is panic and greed because it will destroy our investment

^BuTcH^

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Moni

Find someone who knows how to manage your funds. In other case create your own portfolio with different coins and major part of bitcoin.
You can play IEO games if you're risky and don't worry about crash of exchange token. You can find algo trading robot and just press the button

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