Trading - page 15. | Bitcointalksearch.org

rose9696

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

In trading, you cannot avoid failures and risks. because no trader can determine the bottom or top price.
But the most important thing is the experience and spirit of steel. You may lose in a few days, but don't let the frustration discourage you.
In the field of trading, traders will usually trade if they think the win rate is higher than the loss rate of about 10%.
So before you really trade, you need to understand this rule to avoid account burn. good luck

vintages

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

The key point here is to make a deep research about trading before jumping into it.
Most of the advises above can help a lot but you should first drop the notion of getting rich so quick from it; it is the highest weak point.
Also don't forget that any money you intend to put in to it is totallÿ considered non reversible/forgo. This because there is a possibility of losing or also wining.

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

looking at your post history:

https://bitcointalksearch.org/user/mycookie11-2675772

Quote from: Mycookie11 on September 04, 2019, 01:00:39 PM

I am a victim of scam sites, sites that offer larger profits are usually scams. Trusting a platform is difficult because of scam sites, so i suggest to check the legitness of a site or platform before investing money.

Quote from: Mycookie11 on September 04, 2019, 10:47:01 PM

It coud be possible, if bitcoin can cause threat to foreign exchange

I suggest you take some time to do bitcoin research, read bitcoin related news site, watch youtube videos about trade, about exchanges and how bitcoin works

then trade with small amounts of money until you have gained experience.

Lastly: Never invest your bitcoin in hyip/ponzi sites, online casino sites and cloud mining sites.

Rahman11

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Quote from: jackg on September 04, 2019, 01:06:40 PM

There seem to be 3 main trading strategies:
Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.

Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.

This mentioning options will make almost comfortable also added some of trading site or exchange also give you nice service and there are very good reputation. anyone can try with them with some assets!

RealMalatesta

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The best way that you can trade safely is to first get the sound knowledge that is needed for you to trade, and once you get the education, I mean proper education, then you start trying to learn to control some of the don’ts of trading like nothing letting your emotion get you caught up, also learn to control your greed level because greed is one thing that makes people lose their money easily, and also learn to make use of your stop loss tools, and finally, never leverage high.

If you can be able to have all these control at the palm of your hand, then you will be a perfect trader and the chances of your winning always will be much higher than your losses. Therefor there’s no much tricks other than you using these listed points anytime you want to trade.

thisappointed

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

Before you enter the trading world, let me tell you this. There are no such thing as safe trading because no matter how good you are, there are times that you are going to lose your profit, and that will make you a lot stronger, you can't be a successful trader if you will not face failures. Also expect at first that you will lose big profits in Trading while you are learning, so you need to be mentally and emotionally prepared.

You just have to keep on trying until you achieve your goal in Trading---in life, and also you're going to need a serious funds.

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

You would have to answer this question yourself, by learning about trading. The referred to 'experts' can offer tips and guidelines, which you would have to put into practice, if it aligns with your trading goals and strategies, and how you choose to manage your investments

Try demo trading on sites that support it.
Have a specific target you need (have a time frame).
Invest only what you can afford to lose.
And most importantly, learn to control your emotions while trading.

sheenshane

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

The words that I bolded above in trading don't have any assurance to gain profit. Even expert in trading might be lose and that is because of the unpredictable crypto market situation. There's nothing to hurry if you don't have enough knowledge on it, besides there is alternate earning profit aside from trading and that is holding and patiently wait for your profit.

Anyway, before anything else just choose a good exchange site and of course with a high volume of coins.
Refer to this thread for choosing a good exchange. Crypto exchanges comparison by: Raja_MBZ

ethereumhunter

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I suggest you watch a video about trading, you can find many good videos on youtube, while you can also read more information about trading with details. There is no other way to do trading without learning, and you have unlimited sources on the internet IF you want to learn. When you can understand how to buy low, sell high, you need to practice in the real exchanges. But before you do that, you need to buy bitcoin at any price and send them in the exchanges so you can start trading right away.

No need to chase the profit in the beginning, make sure you understand your lesson, and keep trying to get a low price so you can sell at a higher price. There a lot more lesson on the internet so you can learn more to improve your skills in trading and don't stop until you can make a profit.

exstasie

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

One could write a book in response to this question! Since I don't want to write a book, I'll leave you a few pieces of advice:

1) The key to profitable trading is to cut out big losses. You want big wins, small wins, small losses. You can't avoid small losses but you can avoid big losses with good risk management, including stop losses.

2) Figure out what kind of trading/investment style you have and play to your strengths. Some people are cut out for scalping and day trading. Others should probably stick to long term swing trading and HODLing.

3) As a beginner, I recommend trading in the direction of the trend. So in a bullish trend, you're looking to take long positions.

4) If you're going to trade, you should at least know the basics of technical analysis: how to read trends, support and resistance, bullish/bearish patterns, and so on. Here's a decent place to start: https://www.fidelity.com/learning-center/trading-investing/technical-analysis/introduction-technical-analysis/overview

almightyruler

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There's no such thing as "safe trading", especially with cryptocurrency.

Remember that when you submit a trade order on an exchange, it's filled by someone else who is usually betting the opposite.

(If you want to sell because you think the price will drop, they buy from you because they think the price will rise).

You can't both win.

The trick is winning 51% or more of the time by volume, but by definition that's not going to be easy.

https://en.wikipedia.org/wiki/Zero-sum_game

Kakmakr

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

Well, you might adopt this strategy that I explained here --> https://bitcointalk.org/index.php?topic=5181905.new#new < The shortened version of this is as follows, buy the dip and sell when it spikes, because you need to get back your initial investment capital as fast as possible, to be risk free. >

When you chip away small percentages of your initial investment capital amount, by leveraging the volatility by constantly buying low and selling high, then you will quickly get back your initial investment capital and then you will be able to use profit to continue investing in Bitcoin. Wink

adamlillian

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

One thing for sure is that you need to read financial books a lot at an early stage. not only reading but you also have to take part in combat courses to increase your understanding.
That's what you need to do in the first 3 months, just learn and practice.

harizen

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

You need to read lots of useful articles and guides then have an evaluation of your own after. Understanding how to take care of your investments will take time.

Since the responses to you here will be in general and might be repetitive, I suggest seeking information at various trading and investment tips throughout the web via you preferred web search engine or watch some resourceful videos at any video sharing platform or whatever you preferred.

Again, that will take time to fully understand but surely not that hard if you are really serious. Goodluck.

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Quote from: BabyBoss on September 04, 2019, 06:35:28 PM

Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

To those people have savings and nothing knows about crypto will only do is to trade just to have ab income. You can eran in crypto as long as you want to trade and ready to learn about trafing. This is the easiest way l know to have profit.

The safest way to earn profits is to buy potential coins at their most affordable prices and hold them until you reach a good selling price that can offer you good profits already. You will surely make profits but it might take for quite a long time since we won't be able to detect when the market price will increase reaching another peak again. Day trading is profitable too but it needs more practice and speciall skills since this type of trading has higher risks compared to others.

BabyBoss

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

To those people have savings and nothing knows about crypto will only do is to trade just to have ab income. You can eran in crypto as long as you want to trade and ready to learn about trafing. This is the easiest way l know to have profit.

sunsilk

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Quote from: Mycookie11 on September 04, 2019, 12:54:26 PM

How could i trade safely and assure possible profit from my investments?

Assuring profits in trading takes time, you have to know certain strategies that you can apply as you trade. But if you choose to be a holder, you have to wait and set a specific goal on how long you are willing to hold for that crypto.

The most assured way of making profit is to choose and buy bitcoin and hold it. This doesn't have to take you as an expert, a simple and basic tolerance for the market's move would make you good already. You just have to know when to look and not to the chart.

nara1892

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You will find many references here:
https://bitcointalk.org/index.php?board=8.0

or you can watch youtube, I think there are lots of explanations about trading.
the main thing is you understand the risks of trading and managing emotions.

jackg

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https://bit.ly/387FXHi lightning theory

There seem to be 3 main trading strategies:
Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.

Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.

Mycookie11

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Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?

Topic: Trading - page 15. (Read 3241 times)