Topic: What is the best tips for who will invest in BTC for first time? - page 5. (Read 9739 times)
All bitcoin or altcoin trades have a high risk even though they do not have sufficient experience, let alone new users even old users are often trapped in the moment, it does look very easy to see it. but when viewed from the other side, there are no winners or losers when trading, it's just that you have patience to see moments of that are not wearing, when there is a decline in all markets, don't just look from the side when there is a big increase, the point is patience that you have when investing or trading ...
Wau, I learning a lot with all you!!!
Others questions
Doubt 1:
Do bitcoin trade just buy low and sell high?
Or a BTC trading goes beyond that, and how do you set the price of the order you want to sell?
For example:
It is possible in Exchange to set a sales order of 0.123 BTC for R $ 123.00
rather than selling for only $ 100? Hence, do you profit R $ 23 more?
(I used dummy numbers to illustrate the example of my question lol)
Doubt 2:
Is it possible to set up StopLoss on an exchange to sell a crypto currency to convert to fiat money if there is a devaluation? Or is StopLoss a configuration only in the HomeBrokers of the "stock" of the conventional financial market?
And what about StopLoss tips do you give? lol if there is anything to add on this subject, although I think it always has ..
Bitcoin trading is far more than the buying low and selling high thing for you need to understand the appropriate time to enter and exit the market. However, Bitcoin is more than an asset and you shouldn't sell I all even when you make some awesome profit through it.Others questions
Doubt 1:
Do bitcoin trade just buy low and sell high?
Or a BTC trading goes beyond that, and how do you set the price of the order you want to sell?
For example:
It is possible in Exchange to set a sales order of 0.123 BTC for R $ 123.00
rather than selling for only $ 100? Hence, do you profit R $ 23 more?
(I used dummy numbers to illustrate the example of my question lol)
Doubt 2:
Is it possible to set up StopLoss on an exchange to sell a crypto currency to convert to fiat money if there is a devaluation? Or is StopLoss a configuration only in the HomeBrokers of the "stock" of the conventional financial market?
And what about StopLoss tips do you give? lol if there is anything to add on this subject, although I think it always has ..
Meanwhile, no exchange have the features of stop loss or selling rate but there are some new project planning to offer such services. However, you can still perform the features on current reputable exchange through the use of bot trading, algorithmic trading or automated trading but only exchange site that supported third-party trading platforms and algorithmic trading will allow you to do that.
Hi there!
I want sugestions about how mutiply the BTC with your own gains...
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...
I want sugestions about how mutiply the BTC with your own gains...
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...
I guess in the end that also depends on how long it takes for you to get the profit. Some people think that in 3-5 days like that I think it's more than enough. But we know that this will be difficult. You better split your capital to avoid when the dump price and long to recover
A few tips than I can give to the new users, based on my 5+ years of experience here:
a. Get a hardware wallet and store your coins in it, after taking the proper backup.
b. Never invest in any pyramid or ponzi scheme using your coins
c. Set multiple targets for different levels.
d. Use exchanges only for trading, and not for storage of coins
e. Keep your private key safe and secure.
a. Get a hardware wallet and store your coins in it, after taking the proper backup.
b. Never invest in any pyramid or ponzi scheme using your coins
c. Set multiple targets for different levels.
d. Use exchanges only for trading, and not for storage of coins
e. Keep your private key safe and secure.
First, choose the right and reliable exchange for you to buy bitcoin, don't exchange carelessly. so that when you deposit or withdraw there is no problem.
second, buy bitcoin when it's cheap if the price is going up, you should wait for him to go down and buy it so that your money is not held back. try to analyze the market situation whether bitcoin will go down or will rise.
second, buy bitcoin when it's cheap if the price is going up, you should wait for him to go down and buy it so that your money is not held back. try to analyze the market situation whether bitcoin will go down or will rise.
My tip is absolutely according to my experience. I will say NEVER directly invest in it. Always go for Forex Broker, as this means you can get out anytime you wish.
If you go for direct way, it is way too complicated to make you comfortable and that is really not something you should feel comfortable at all. I have done both so I know how much struggle it could be if you go for direct purchase, as with trading you always have option to move which keeps one relaxed.
If you go for direct way, it is way too complicated to make you comfortable and that is really not something you should feel comfortable at all. I have done both so I know how much struggle it could be if you go for direct purchase, as with trading you always have option to move which keeps one relaxed.
Well, if you invest im Bitcoin for the first time not it's not the ideal time for buying. One of the golden rules is to buy low and sell high and at the moment the price is on the rise. Still it's never too late to invest if you have made some good preparation in terms of collecting enough information and strategy and you have some realistic goals. That is very important, to know well your possibilities and limits, how much you can afford to lose and what is the goal you want to achieve.
The best tip is to do some reserve and follow trend because every one are not likely to be wrong at the same time but never invest more than you can't afford to loose
Buy when it is low, this is a good opportunity to have bitcoin as investment. Do not think that it is late for you to invest because bitcoin is just starting to recover from the dump. Be careful in handling the risk and learn how to play in the market.
Only one addition from me is that if you intend to start trading or investing in bitcoin then always consider every step you will take and never enter the crypto world without sufficient basic knowledge.
Hi there!
I want sugestions about how mutiply the BTC with your own gains...
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...
If you're sure that Bitcoin price will fall from the current price ($10870) then yes, sell now and buy at lower price. The only condition if you want to make profit is, that you buy back at at least 1% smaller price so at $10760. And you will make small profit because trading fees are always lower then 1% (usually 0.2%).I want sugestions about how mutiply the BTC with your own gains...
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...
But chances are it will never fall to that value so you might be forced to buy back at higher price than you sold. The decision is up to you. My personal opinion is that Bitcoin will fall bellow 10k in next week or two, but don't take this as advice. I could be right, I could be wrong.
And make sure you don't miss the price fall. So the best bet is to open buy limit order at exchange so that you automatically buy bitcoin when it falls to your target price, for example $9900.
The profits of such trading are relatively low though. I would probably suggest you to just keep HODLing if you're a beginner.
Go 50/50 sell half keep half. Then, either way, you will make a profit. You could go all in either way but I feel its a bit greedy. I think take some of the remaining bitcoin you have left and invest in other currencies then rebuy bitcoin and treat the secondary currencies like you do your bitcoin (selling high buying low) so you always have an investment left otherwise you sell all at high then have nothing left because you never bought back in. Most of all be patient.
My tips are the following:
1. Keep the safety of your coins in your own hands. Never keep your coins in a wallet where you don't control the private key
2. Never ever keep your coins in an exchange wallet
3. Be careful about phishing links
4. Stay away from panic selling
5. Never invest in worthless shitcoins
1. Keep the safety of your coins in your own hands. Never keep your coins in a wallet where you don't control the private key
2. Never ever keep your coins in an exchange wallet
3. Be careful about phishing links
4. Stay away from panic selling
5. Never invest in worthless shitcoins
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Ps.... THE STATS❤🕺🏿
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Results not typical. Your earnings may be greater or less depending on your work ethic, system & strategy.
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Hi there!
I want sugestions about how mutiply the BTC with your own gains...
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...
If you're sure that Bitcoin price will fall from the current price ($10870) then yes, sell now and buy at lower price. The only condition if you want to make profit is, that you buy back at at least 1% smaller price so at $10760. And you will make small profit because trading fees are always lower then 1% (usually 0.2%).I want sugestions about how mutiply the BTC with your own gains...
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...
But chances are it will never fall to that value so you might be forced to buy back at higher price than you sold. The decision is up to you. My personal opinion is that Bitcoin will fall bellow 10k in next week or two, but don't take this as advice. I could be right, I could be wrong.
And make sure you don't miss the price fall. So the best bet is to open buy limit order at exchange so that you automatically buy bitcoin when it falls to your target price, for example $9900.
The profits of such trading are relatively low though. I would probably suggest you to just keep HODLing if you're a beginner.
There are a few things you need to take care of before trading or buying BTC.
1. Find a reliable and secure wallet. There are various secure wallets on the interest which you can use to store your BTC. For eg: zebpay , samurai , btc wallet etc.
2. Track the prices of btc and observe the graph. You should atleast take 2-3 weeks to get a glance about the inflation or the opposite of btc.
3. When you see the graph increasing, that is the price of btc is going up, you can sell your btc but when you see the price going down , hold them , don't sell but buy if you see any chance of them going up again.
4. The key to have a good hold on your Investment and gain profit is Patience, awareness and knowledge.
I wish you luck!
1. Find a reliable and secure wallet. There are various secure wallets on the interest which you can use to store your BTC. For eg: zebpay , samurai , btc wallet etc.
2. Track the prices of btc and observe the graph. You should atleast take 2-3 weeks to get a glance about the inflation or the opposite of btc.
3. When you see the graph increasing, that is the price of btc is going up, you can sell your btc but when you see the price going down , hold them , don't sell but buy if you see any chance of them going up again.
4. The key to have a good hold on your Investment and gain profit is Patience, awareness and knowledge.
I wish you luck!
Hi there!
I want sugestions about how mutiply the BTC with your own gains...
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...
I want sugestions about how mutiply the BTC with your own gains...
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...
the people will never invest in the digital world if they don't understand the blockchain system. so an important point for beginners is to understand the basic system of BTC and know every risk.
Buy low sell high. Don't check the price all the time, too easy to get consumed by it. Don't keep your coins on exchanges like Coinbase.
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...
1. no need the most important thing is the exchange that you use is trusted.
2. Your steps are correct, I also buy BTTC gradually and don't buy it at once.
3. I am a trader, of course I trade with these good market conditions.
If you want to buy bitcoin not for trading, but to keep it until better times, then the choice of the exchange does not matter. You can buy it now and just wait. But if you want to trade, then you better prepare and wait for the most convenient time to buy.
Now bitcoin has the potential to provide maximum profits. If you are a beginner who will invest in bitcoin then you must have deep knowledge about bitcoin. You must monitor the market for at least one week to find out the movements of the bitcoin and the strategy you will choose to play bitcoin. You have to know lots of exchanges too so you can compare the prices of bitcoins between one exchange and another. After you have enough knowledge, you can buy bitcoin at a cheap price and at least endure it until the end of this year. My prediction, the end of this year the price of bitcoin will skyrocket again.
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