Topic: trading bitcoin - page 2. (Read 721 times)

Yeah it is not good to get in trading without having knowledge base trading is all about good skills and knowledge, so all not only new but old traders as well should learn well before getting in trading as we know our profit is all about knowledge based trading so get in trading but be sure you are trading with good coin which is bitcoin for sure.’

That is the basics lesson in the trading, and I am sure that he can do that with easily. The problem is only to know when he can buy low because no one will know the right time for the price to get down. Maybe we are predicting one price has reached the lower price but suddenly, the price is going to go down deeper, so it makes us buy more the amount. He really needs to learn more about trading, so he doesn't get confused to determine the right time and the right price to buy and sell. Besides learning, he also needs to practice the lesson so he can improve his skills in trading.

Before you jump into trading you must study it first learn the basics don't just invest blindly,
It is the most mistakes of a newbie they are just investing since it is all hype out but you should really take some time first before you trade.
Finding a trading site or exchange platform is so easy because we already have so many of them right now.

You have many choices to buy Bitcoin mate now its up to you in which of them you'd like
to buy in here are there such as follows:

1. IDAX - https://www.idax.pro/#/exchange?pairname=XBX_BTC
2. LBANK - https://www.lbank.info/exchange.html?asset=ida&post=usdt
3. KUCOIN - https://www.kucoin.com/trade
4. COINBENE - https://www.coinbene.com/login/login.html#/?backurl=%2Fexchange.html%2Fexchange
5. https://coinmarketcap.com/currencies/bitcoin/
6. Localbitcoins

Good luck to you pal.

You're a newbie, but have studied for 6 months. Are you sure you don't know where to buy bitcoin?

My advice, before you start trading, you better study or get to know about crypto and risk when trading, because it's all very important in the crypto world.

 I think bitcoin is the most preferable asset that must be trade and kept for long term investment. Thus, it gives huge potential and liable contribution in crypto world that brought people's wealth on resembling it. Consequently, trading is too risky to be penetrated but we have to be cautious for every deliberation we made and take the risk for possible consequences.

There are many of the exchange you can able to use which are good as far as I know.
kindly open this link as your reference to choose on which exchange platform you are going to use to
buy Bitcoin https://coinmarketcap.com/rankings/exchanges/ you have 20 choices here which are belong
to top 20 exchange in the market.

If you think about it, it seems so simple to trade. You just gonna buy low and sell high, simple as that. But nope, it's the emotion that kills us and affects our decision, so I myself I just hold it until I'm satisfied, don't watch the chart every now and then. Remember, dip is natural and organic

Major exchanges like Coinbase and Bitstamp generally have the best rates you can get for a fiat to crypto transfer, though keep in mind you'll need to submit KYC documents in order to even deposit money to these exchanges, and that can take some time (though AFAIK wait times for KYC approval are very short now). Alternatively you can also buy BTC through a P2P service like Paxful, where vendors may or may not require KYC for you to purchase Bitcoin. Try to choose vendors that have a good amount of reputation and have recent trades as well, use your common sense, and you'll be able to weed out the potential scammers on the P2P site you choose.

As a newbie, only try to use major exchanges. It'll likely be hard for you to distinguish between legit and scam exchanges if you're new to crypto, and besides that the risk involved in dealing with a new exchange just isn't worth it in the end, especially if you plan on buying a large amount of coin initially. Same should be done for finding a good exchange for trading on. Bitmex is a popular choice for leveraged crypto trading, though if you do choose to go to Bitmex or any other site that offers leveraged trading, don't overleverage yourself. Keep things to a maximum of 5-10x and only risk as much as you can afford to lose.

You came to the right place. If you are a newbie, this forum has a lot to offer. If you are interested in trading and you are willing to take a risk, learn first the basics. Altcoin trading and long term trading is suited for a newbies. If you don't want to take our money in your pocket, try joining bounties or airdrops. Or rank up here in the forum and join some signature campaigns for a starter. But if you are willing to provide a capital, then it is fine. As long as you can afford to lose that.

You see that he is trolling when headline is about trading and in thread he asks where to buy bitcoin? How he plans to trade if he doesnt even know where to buy bitcoins? First there are so many places now where anyone can buy bitcoins, difference is in the fee, someone can take you up to 10%, which is not small if you plan to buy a bit more bitcoins.

He is not interested to check where to buy bitcoins, how he can be interested in anything else? With this smiley in the end of his topic shows it all. When you are really interested in something you show that, you provide more informations, you done some kind of research before asking anything. He is fooling around, nothing more.

We have so many exchanges where you can purchase bitcoin from, though it is best to make your purchase from a popular one, though most exchanges don't have fiat payment included in them, so my advise for you is to make use of a peer to peer exchange in your country that allows direct funding via atm card, then make purchase of as many bitcoin as you want and then send this coin to an exchange so you can begin trading for other coins.

If you are really interested in trading Bitcoin, you just need to know how it works and learn about the market conditions. Then go to a peer to peer exchange or local exchange to buy Bitcoin. If you want to trade Bitcoin with altcoins, Binance is one of the best platforms for cryptocurrency trading. Always keep watch of this board where you can get useful information on trading and its possibilities.

all you need to pick the right exchanges in this situation it will be the important thing for everyone to get the complete trading experience if you not picking the right exchanges it will end up with bad results.

Before you start trading bitcoin ,it will be much better that you take some time to study the bitcoin trading and learn how it works . There are about three different types of trading I think  and that is Direct Trading, Brokers and Trading platforms. These three are something different. Brokers are just the same with foreign exchange, while Direct trading is what you will see a lot of people in this forum refer to as P2P. Trading platforms are different from the first two I have mentioned, they connect traders and buyers and they collect a fee for it.

Looks like OP already got enough answer for this topic.Still want for buying options then can use currency exchange section but don't forget to use escrows.

You can buy bitcoin with local currency from any p2p platform like localbitcoins but be careful about selecting seller, traders with more transactions and high positive feedbacks are safer to do transactions with. Although escrows are put into some middle wallet after initiating and before completion of any transaction but still one needs to be careful before choosing trader on p2p exchange. Once you receive BTC in your wallet, you can transfer them to any of crypto exchange like Binance, coinbene, Bit z, Yobit or any other good exchange and trade with the pair of your choice.

Coinmarketcap have both list of reliable exchanges and unrelaibale exchanges, so I would not still advise to rely on coinmarketcap to choose trading platforms, CMS is more effective in deciding which coin to invest in by choosing from the top listed coins, but I don’t think there are top listed exchanges on CMC.

In order to choose a perfect trading platform, one still need to make enough research on anyone we are advised to use and it is easier to get review on one on this site and on the internet. For example, Binance platform is what many of us know, while Yobit is a very bad platform, but CMC still have it listed for some coins.

Do trading on a trusted exchange, at this time there are events when the exchange has been hacked and this is proof of the not yet maximum security system on the websites. Trading on a trusted website will provide comfort for us and we can also maximize our potential in increasing assets and reducing the risk of losing assets. Trade on a trusted exchange and you will get closer to success !!!