Bitcoin Forum

Please explain to me What is BTCitcoin Trading? And how to do it?

bitcoin trading is equal to normal traidng, but you trade bitcoin

trading is just buy and sell to gain more than what you started with, that's the goal

you can do it on any exchange like bitstamp, kraken, bitfinex ecc...

So it just like the normal trading but using Bitcoin
But, does it safe?

Yes, It's the same,  you can buy bitcoin at lower price and sell when the price becomes higher or You can also use your bitcoin to buy altcoins and do the same.

What do you mean,"is it safe"? the risk of trades are always there.

I ask that question because I never do trading before  :)

Bitcoin like any other currency may experience upward or downward movements. When you buy any currency or stock or commodity you take a risk and you gamble that it's price will go up in future and would bring profit. But it can go down too, this is what you should understand and know before trading anything.

Unleveraged it is quite volatile, but not crazy, anyone can trade bitcoin and won't get wiped out, but you will experience swings in price that might annoy you when it goes against you.
Leveraged bitcoin trading is lunacy in my opinion. I think 200x is possible, but a single whale deciding to dump onto the market could bankrupt you, and I don't mean your Bitcoin balance, I mean really leave you bankrupt.

Stick to unleveraged trading and you can't go too far wrong, just don't risk more than you can afford to lose.

be aware, there's a good chance of you losing your money if you start bitcoin trading. with good moves and good understanding and luck you can make good amount of money from trading but for a guy "I never traded anything before" it looks like very risky.

Bitcoin trading is very simple.
You are buying bitcoins at a price that you believe is currently low and that you will be able to sell at a later date for a profit.

If you have never traded before, I would recommend that you find a reputable exchange and deposit a minimum amount of money. Only create small trades until you feel confident enough before you risk larger amounts.

just buy and sell, extra you can add some seasoning such as futures..

The process of buying BTC low and selling them high. Very simple in theory. In practice, you lose money 100%.

If you trade bitcoin in short term such as days or hours, it is called speculation. You will definitely lose money. But if you buy bitcoin now and hold long term, you probably will get a big chunk of profit.

Trading Bitcoin is a normal trading like as you buy or sell a kind of common goods and Trading Bitcoin is buy or sell Bitcoin

You buy Bitcoin at low prices and sell it at higher prices or vice versa....An you earn profit from that.

This must be a troll asking these questions....

No, it's not a troll. At the time when I create this thread I really need a specific explanation about BTCitcon trading. Because I want to start a BTCitcoin trading

Bitcoin trading is just like trading in Forex where you buy a currency for a low price and sell it at a higher price. The difference is your profit. It is safe till you trade in small amounts. If you are earning bitcoins via ponzis or gambling, that's risky and especially if you are trading huge amounts of bitcoins frequently.