What is the best tips for who will invest in BTC for first time? - page 2.

astadbtc

newbie

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Quote from: starboss on June 19, 2019, 11:27:17 AM

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??

4. List me all your good tips for to start now! I will be very grateful...

Pleaseee give me tips about reinvest BTC with your own gains...
5.If I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00.... I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting? Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...

8 pages of answers and noone actually cares to answer OP's main question.
Bitcointalk is not a forum anymore but an advertising agency. I was so tired trying to read 2 pages of comments that had no substance at all so I skipped all the comments.
Anyway, if noone answered this I will.
There are a few people that have this strategy you speak of. But I doubt they do this with 500$ accounts. With the volume you are trading I'd advice going all-in, all-out on your trades, unless you are using leverage.

libert19

hero member

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Invest in btc like sip, take some part of your salary every month and invest, this way you will save yourself from volatility and history shows, returns are best in BTC.

imstillthebest

full member

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Quote from: davis196 on July 20, 2019, 12:20:48 AM

Quote from: starboss on June 19, 2019, 11:27:17 AM

......,,,,,

This is a stupid idea,bro.I understand that you are a newbie,but I think that even a six year old can understand crypto trading. Just HODL your bitcoins and calm down.
Bitcoin is not stocks.You don't

are you sure that a six year old kid can do crypto trading ? lol .

by that age they wont even know how to read or write properly but even a genius 6 yr old cant still trade because cryptos are hard to understand for a begginer and how much more if its crypto trading that he will attempt to do . im over two years on this industry but i still dont understand the other terms and strategies on crypto trading .

the op isnt totally a noob because he already states some example above , i think that he needs is a suggestion or strategies to improve his trading career .

davis196

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Quote from: starboss on June 19, 2019, 11:27:17 AM

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??

1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...

Pleaseee give me tips about reinvest BTC with your own gains...
5.If I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00.... I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting? Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...

Sorry for the silly questions, but that's how you start Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.

This is a stupid idea,bro.I understand that you are a newbie,but I think that even a six year old can understand crypto trading. Just HODL your bitcoins and calm down.
Bitcoin is not stocks.You don't

coin-investor

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Activity: 3024

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Leading Crypto Sports Betting & Casino Platform

Quote from: starboss on June 19, 2019, 11:27:17 AM

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??

1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...

Pleaseee give me tips about reinvest BTC with your own gains...
5.If I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00.... I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting? Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...

Sorry for the silly questions, but that's how you start Undecided

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.

Glad that you have this mindset, that you are only investing what you can afford to lose, this is how investing should really be, not only in Cryptocurrency but all to kinds of investment as well.

Quote

1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

It's important to diversify on exchanges with a good reputation and does not deposit and buy on one exchange only, it's not only the price but the reputation of the exchange as well that matters

Quote

3. What is your strategy for now in BTC? And why??

My strategy has always been to buy Bitcoin and other Cryptocurrency in the bear market, but since you are coming in now in the bull trend the best time is always now when you have the funds and the mindset because Bitcoin is headed for I believe to it's next all time high.

Periodik

sr. member

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I got confused with your questions and main point. Anyway, here are my 2 cents:

1. Before thinking of buying, please familiarize Bitcoin first. Know Bitcoin thoroughly. And because you intend to buy Bitcoin as an asset, familiarize its price movements as well. You might end up dumbfounded by the way it rises and falls.

2. Buying Bitcoin is not that hard but keeping it is, much more trading it. Bittrex, KuCoin, Binance, Coinbase, HitBTC, and so on are some of the exchanges from where you can buy your BTC. Please read the reviews of your exchange of choice.

3. Do not trade for now. If you want to buy, just keep it for the time being, while you are still learning.

4. Please, start with a relatively small amount. You do not invest into something you are not yet familiar.

Good luck to you!

kogozer714

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if we want to invest in bitcoin, we must have unused money needs. but don't expect bitcoin if you can't judge movement in the market many beginners are lying in infestation because they don't understand something that is very important hold and understand the storage where they invest bitcoin

Mometaskers

hero member

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I'd say "If you've only heard about Bitcoin now, then NOW is NOT the best time to buy". Much of the complaints of newbs is that they are "losing" their money. And that's mostly coz they bought when there is a rally and didn't manage to get out soon enough.

Pyr3x

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I don't think you should ask about it. Everyone should understand for himself whether it is worth investing and how much. You can't rely on the opinions of others. You need to learn everything yourself and make your choice

spacehopper

member

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Best tips for new investors is learn about everything related to bitcoin,Do few fundamental analyze and technical analyze.Fundamental means reading news about bitcoin you can do that a site like investing. com .Find everything that effect to bitcoin prize.Google it.Technical analyze means simply know the support and resistance levels of bitcoin.You can use MT4 .Open a forex demo account and learn about trading practice this at least 3 months.After you ready enter the market.
Remember
Don't put all eggs on one basket

zee11225

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“A nexgen decentralized ride hailing ”

Quote from: cryptoblazter on June 27, 2019, 08:55:44 AM

Bitcoin plunged today by as much as 20% due to the crashing of coinbase exchange. This is your opportunity to buy some bitcoin. Always remember that better to buy bitcoin when the price drops.

The very simple formula is to buy bitcoin when it's cheap and sell it when it's expensive. That's the simplest theory. But in practice it must first understand the characteristics of the coin, as well as what potential causes prices to rise or fall. Besides that it needs emotional control.
As a beginner, of course have to learn a lot and see the development of bitcoin from social media or the internet to add insight that is very useful in trading.

Vinalians

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Quote from: malekbaba on June 27, 2019, 09:22:15 AM

Only invest small percentage of your capital at once. And dont jump into any campaign without enough research. No one will ever care about your investment. And emotion will only bring loss into your account. Tokens or coins are important than project itself and dont love the project, love your tokens instead.

The O.P is referring in BTC, not on any token but I guess they should also think about this one. The project is important also but that is for the big companies that need the project or service but you as a small time investor you should always think about what will happen into your money and what is the good benefit of it for you in the future. Do you think it can help many people in the future? If yes then for sure the value of that coin or token will increase and that's one good thing in investment.
Investing such test money or we can say low money in BTC is a good start, just make sure that you must learn from your mistake if you already have done one.

Finestream

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Quote from: cryptoblazter on June 27, 2019, 08:55:44 AM

Bitcoin plunged today by as much as 20% due to the crashing of coinbase exchange. This is your opportunity to buy some bitcoin. Always remember that better to buy bitcoin when the price drops.

Yes.Just always remember to buy low and sell high and you won't get misled in btc investment.And invest only what you can afford to lose so that you will not be totally frustrated once you end up being a loser.With the current correction we have right now,it would be best to start buying now and sell it when btc surges again.

malekbaba

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Only invest small percentage of your capital at once. And dont jump into any campaign without enough research. No one will ever care about your investment. And emotion will only bring loss into your account. Tokens or coins are important than project itself and dont love the project, love your tokens instead.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: Leh-Meh on June 19, 2019, 11:47:00 AM

Quote from: mk4 on June 19, 2019, 11:36:57 AM

Earn money. Buy bitcoin.

Earn money. Buy bitcoin at $2000 or $1000

So it means impossible to happen?because bitcoin will never go down that low value.looking at $11,000-12,000 I don’t think there’s any chance to bring back to that lowest value for the last 4 years or so

Quote from: mazdafunsun on June 27, 2019, 08:20:05 AM

There are several things i can advise on.
1. Use trustworthy exchange, there are a very many exchanges which appear great but in reality have little security and fake volume.
2. USE 2FA for your exchange wallet
3. Store BTC offline if you are a hard core holder
4. Dont get caught short term price action
5. Dont set stop loss at low levels especially if you dont know what are you doing

Maybe mentioning some good and trusted exchange would help.like Binance and bittrex

cryptoblazter

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Bitcoin plunged today by as much as 20% due to the crashing of coinbase exchange. This is your opportunity to buy some bitcoin. Always remember that better to buy bitcoin when the price drops.

FlightyPouch

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Quote from: kr105 on June 26, 2019, 06:20:48 AM

These days everyone knows better about Bitcoin but not everyone does smart moves about it. You are right, it seems like Bitcoin price is a bit risky to invest in today. Couple weeks ago it would be better to start investing.

People should've invested or bought bitcoin in a couple of weeks ago, I mean REALLY! Ever since the price increased to 5-digits, it just continuously pumped and we are so surprised by it. If you are a new investor, you better know that investing in this market is not as easy as you've done like other assets. It is volatile and you should've always stay track of your investment because you will be missing a lot of good points or times to sell your investment.

Wallflower28

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Quote from: Ucy on June 21, 2019, 04:32:37 PM

Number one not really necessary if you are going into day/regular trading
Number 2,3,4 have been addressed below:

If you desire to go into bitcoin/crypto trading then learn to trade first by:
- Reading a good book on cryptocurrency trading,
- watching good YouTube tutorials on cryptocurrency trading,
- using a demo account to experiment with trading
- and then trading with real money you can afford to lose

All of that you listed are helpful to me back when I started to know about cryptocurrency. I began to look for trading strategies at youtube tutorials. Then, I tried it many times. Unfortunately, I lost a lot of money before I learned. But right now, I am gladly that I can execute safely than before. If we never try to trade, we don't learn from it.

Linkkoin

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Online Cryptocurrency Exchange

Quote from: Pakar11220 on June 26, 2019, 02:19:06 AM

Dear if you want to earn money then Buy bitcoin.
Safe cautions for you i will recommend to you is
1: Choose the safe and most recommended exchange.
2: Don't keep bitcoins for long term. Play with it just like a game.

1. Do not store BTC you do not plan to use/sell soon. Hardware/cold wallet is way safer.
2. HODLers can surely disagree with such a statement. As well trading requires some knowledge...what many people learned hard when they invested in BTC in December 2017 and selling in panic in 2018.

mazdafunsun

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There are several things i can advise on.
1. Use trustworthy exchange, there are a very many exchanges which appear great but in reality have little security and fake volume.
2. USE 2FA for your exchange wallet
3. Store BTC offline if you are a hard core holder
4. Dont get caught short term price action
5. Dont set stop loss at low levels especially if you dont know what are you doing

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