What is trading ? | Bitcointalksearch.org

Bitcoinsummoner

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Quote from: royalfestus on September 28, 2016, 01:23:52 PM

Quote from: ~Bitcoin~ on September 28, 2016, 12:25:10 PM

1. Buying and selling anything is known as trading.
2. If you trade bitcoin than its called bitcoin trading.
3. You need to have some fiat to buy bitcoin and than you can sell them when price rise for profit.
4. You can also invest those bitcoin in trading other alternative cryptocurrency.
5. Better you do google search about how to start bitcoin trading, poloniex, bittrex, coinbase are the places where you can do bitcoin trading.

This is a better answer to bitcoin trading. Though trading involves a lot of risk but you have to read up to be safe.Bitcointalk also provide some safety precautions you can read up in the threads.

The list is very helpful for most newbies that planning to trade bitcoin or other crypto currency.
I am not so new in trading but i am still in beginners way to make a good profit.. and hoping that someday i will discover a good way to make a good profit.

royalfestus

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Quote from: ~Bitcoin~ on September 28, 2016, 12:25:10 PM

1. Buying and selling anything is known as trading.
2. If you trade bitcoin than its called bitcoin trading.
3. You need to have some fiat to buy bitcoin and than you can sell them when price rise for profit.
4. You can also invest those bitcoin in trading other alternative cryptocurrency.
5. Better you do google search about how to start bitcoin trading, poloniex, bittrex, coinbase are the places where you can do bitcoin trading.

This is a better answer to bitcoin trading. Though trading involves a lot of risk but you have to read up to be safe.Bitcointalk also provide some safety precautions you can read up in the threads.

SAMKUSH

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Trading is general is buying or selling. Trading with bitcoin could involve a range of things, it even includes purchasing goods or services using bitcoin. Trading bitcoin against fiat can often be used to profit when the price rises or falls, this can also be done with altcoins or even cfds. The best way to start trading is to trade bitcoin to USD or something similar.

n691309

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Quote from: Parasjain123 on September 28, 2016, 12:19:05 PM

What is trading explain in steps and how to trade ?

If you understand the concept of trading in the real world outside then the same is with bitcoin but here the trading is made online (mostly), there are exchanges that accept different kind of currencies which you can trade/exchange on other currencies.

bryant.coleman

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There are several types of crypto-trading. First of all, there is margin trading and normal trading. Margin trading involves intra-day trades. You purchase Bitcoins with fiat (or vice versa), and then sell them on the same day. Some exchanges offer a margin of 5 times or 6 times the principal amount, so if you have $100 with you, then you can purchase BTC for $500 or $600. That means that the exchange is temporarily lending you $400 or $500. But the catch is that you need to pay back that amount during the same day. Whatever profit or loss which you make on this $500, will be yours.

harizen

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Quote from: Parasjain123 on September 28, 2016, 12:19:05 PM

What is trading explain in steps and how to trade ?

Don't need for detailed complete one. That is a pure spoonfeed. Just ask questions on the step where you are not sure. I think at least, you read some too as Google search is just one click away.

Trading includes all aspects of buying, selling and exchanging currencies at the current or given prices.

Basically, "buy low" and "sell high". You will eye a profit here out of your buying rate. Buy at $1 sold at $1. Easy as it sounds.

~Bitcoin~

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1. Buying and selling anything is known as trading.
2. If you trade bitcoin than its called bitcoin trading.
3. You need to have some fiat to buy bitcoin and than you can sell them when price rise for profit.
4. You can also invest those bitcoin in trading other alternative cryptocurrency.
5. Better you do google search about how to start bitcoin trading, poloniex, bittrex, coinbase are the places where you can do bitcoin trading.

muhcoins

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1.buy bitcoin.
2.Send to an exchange.
3.buy another coin with your bitcoins.

done. you did your first trade. that's what trading is.

Parasjain123

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What is trading explain in steps and how to trade ?

Topic: What is trading ? (Read 517 times)