Bitcoin Forum

Other => Beginners & Help => Topic started by: Rep on September 14, 2015, 01:44:26 AM



Title: how traders earn money??
Post by: Rep on September 14, 2015, 01:44:26 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you


Title: Re: how traders earn money??
Post by: Outlander on September 14, 2015, 01:49:22 AM
Buy low and sell high! You can trade altcoins or bitcoin.
You can have a look at others' strategy https://bitcointalk.org/index.php?topic=867011.0 


Title: Re: how traders earn money??
Post by: Blawpaw on September 14, 2015, 02:58:14 AM
Trading bitcoin is a very hard deal. It can get you great profit, but it can also give you a lot of headaches.

You might find this article interesting:
http://gizmodo.com/how-to-trade-bitcoin-and-if-you-should-1484488823 (http://gizmodo.com/how-to-trade-bitcoin-and-if-you-should-1484488823)


Title: Re: how traders earn money??
Post by: coinableS on September 14, 2015, 03:17:52 AM
Trading bitcoin is a very hard deal. It can get you great profit, but it can also give you a lot of headaches.

You might find this article interesting:
http://gizmodo.com/how-to-trade-bitcoin-and-if-you-should-1484488823 (http://gizmodo.com/how-to-trade-bitcoin-and-if-you-should-1484488823)

I'm not sure that's the best reference for someone to get started.
That article from early 2014 recommends Mt Gox and stated that the block reward for mining is 50 BTC.


Title: Re: how traders earn money??
Post by: kampretkabur on September 14, 2015, 06:01:45 AM
try from the basic, mining new coin, trade after that


Title: Re: how traders earn money??
Post by: bittamak on September 14, 2015, 06:28:52 AM
Try to read forum posts, blogs and understand how trading works. Basic rule is buy low, sell high but it doesn't end there. You can try with what you can afford to lose , but as you understand more about the coins, developments, longevity, market you know which coins to choose and trade. But its not everybody's game!! not all good miners are better traders and vice versa. If you really want to jump in test with some coins.


Title: Re: how traders earn money??
Post by: Amph on September 14, 2015, 06:34:55 AM
they are using bot all the time, they do not trade manually, they find a good strategu and implement it with an algorithm in their code

also i think that many traders have big money and are manipulators, with this they can assure that their portfolio will increase in value


Title: Re: how traders earn money??
Post by: Patatas on September 14, 2015, 06:40:15 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

I'm not a trader but basically (afaik) traders earn bitcoin by buying low and selling it high, as simple as that ;)


Title: Re: how traders earn money??
Post by: tche on September 14, 2015, 07:13:58 AM
they sell at higher prices when they buy BTC, at least most of the times.

no other way around


Title: Re: how traders earn money??
Post by: BlockEye on September 14, 2015, 07:22:34 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

they earn bitcoins because they have the patience to wait for the right time to sell and not because they see they already have profit when they sell.


Title: Re: how traders earn money??
Post by: Aggressor66 on September 14, 2015, 07:29:24 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

Buy low sell high at the right moment  ;) (not recommended for less experienced)
Try not to buy into the peaks. They can fall fast.
Sometimes patience pays off.


Title: Re: how traders earn money??
Post by: 1Referee on September 14, 2015, 08:01:19 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

Buy low sell high at the right moment  ;) (not recommended for less experienced)
Try not to buy into the peaks. They can fall fast.
Sometimes patience pays off.

How do beginners know what the peak is? Most of them don't dare to buy when the price is getting beaten to the ground while this is the best time to buy yourself a load of coins. Beginners get excited when they see a rising price and use that as a confirmation to buy. That's mostly when it is nearly/too late.


Title: Re: how traders earn money??
Post by: Ceizer54 on September 14, 2015, 09:05:57 AM
There are i think 3 ways traders earn money
1.Buying Low and Selling High
2.Using Leverage which offers Nice Profit
3.By providing Loan to other traders


Title: Re: how traders earn money??
Post by: okae on September 14, 2015, 11:35:34 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

so simply, rule nš1: buy low, Sell High
rule nš2: follow rule nš1

as simply as that.
you have a plenty of altcoins to choose to trade with it, do some research and try to be successful in your decision, that's all :)

also there is lot of people using bots, those bots made the trade more faster and precise, ofc those bots cost money or if you are smart enough you can build your own one :)


Title: Re: how traders earn money??
Post by: Mickeyb on September 14, 2015, 01:41:45 PM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

May I warn you that this is very hard, to earn money from trading! I see that you are a beginner, so if someone told you go and trade Bitcoin and alts and you will make money then they have lied to you.

If you are a professional Forex, stocks, etc.. trader, you know how to read charts and signals that market sends you then OK. You can make money while trading BTC. If you have no experience with trading whatsoever I strongly advise you that you don't trade. Read, learn about Bitcoin, research about markets and how all this is working instead.

Good luck!


Title: Re: how traders earn money??
Post by: Brad Pitt on September 14, 2015, 02:22:34 PM
Buy low and sell high!

Simplest rules here. Put in some low buy orders and hope you get lucky, then try sell them for a high price during a panic buy. Profit?


Title: Re: how traders earn money??
Post by: Lituation on September 14, 2015, 02:27:59 PM
"Buy low and sell high" is number 1 rule of trading but there are other important things you need to know.
*Learn technical analysis. Learn what is RSI, MACD, STOCH, William R etc.
*Analyise history of Bitcoin price.
*Make predictions and see if your prediction happens, don't trade with real money directly.
*Educate yourself and check Bitcoin news regularly. Know what happen in the community.

Always Remember: Knowledge is Power.


Title: Re: how traders earn money??
Post by: upsidedown75 on September 14, 2015, 02:42:33 PM
The most traders don't earn money because they are amateurs. Only user who invest longterm into good coins or users which are using tradebots are making really money.


Title: Re: how traders earn money??
Post by: sukamasoto on September 14, 2015, 03:10:13 PM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

Trading just like gambling ( we can profit or loss also ) But the advantage of trading is there's no house edge against it.
Just like we playing real stock, we buy on low and sell high. The value of altcoin usually depend on how the marketing influence to spread out the world


Title: Re: how traders earn money??
Post by: ikydesu on September 14, 2015, 04:36:12 PM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

The basic of trading is buy low, sell high. It's simple but you need to make an analysis with the price. If you just make a prediction without knowledge and analysis, you trading is just like a gambling.

There are 2 type analysis in trading, technical analysis and fundamental analysis.


Title: Re: how traders earn money??
Post by: btccashacc on September 14, 2015, 04:51:47 PM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you
that very simple you buy bitcoin at $220 sell at $240
you can earn free 20$


Title: Re: how traders earn money??
Post by: Rep on September 14, 2015, 07:33:08 PM
"Buy low and sell high" is number 1 rule of trading but there are other important things you need to know.
*Learn technical analysis. Learn what is RSI, MACD, STOCH, William R etc.
*Analyise history of Bitcoin price.
*Make predictions and see if your prediction happens, don't trade with real money directly.
*Educate yourself and check Bitcoin news regularly. Know what happen in the community.

Always Remember: Knowledge is Power.

Thanks alot
I want your advice about which platform is trusted , can i begin by a little bit as a test ?
I don't like leverage  :-\


Title: Re: how traders earn money??
Post by: vendetahome on September 14, 2015, 08:09:37 PM
i guess you should now that even though they earn money by buying at small rate and selling at higher it usually involves a lot of luck and you can loose money while doing that


Title: Re: how traders earn money??
Post by: Blawpaw on September 15, 2015, 03:12:23 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

Traders can earn money by using a meticulous trading strategy, many times with the help of bots, and by having continued and on time information about what's happening in the markets, with the assets, companies and so on.

The main basis for trading is to;

Never use all of your stack, let's say 25%
Buy low and Sell High. stipulate your selling position. sell between 12% to 15% profit
when buying, if the price falls down, either buy more and try to edge to sell at a higher point or sell it at max 10% loss.


Title: Re: how traders earn money??
Post by: machinek20 on September 18, 2017, 02:29:46 PM
The strategy is to buy low and sell high, your problem is to know which coin to buy and which coin to hold or sell, all is judge from the chart and history, study the coin will help you to choose which coin to trade, and when you have more experience you can know where to find reliable news to find the suitable coin


Title: Re: how traders earn money??
Post by: mela65 on September 18, 2017, 02:42:55 PM
Most of major coins make + - %5 in a day. They know technical analysis and analyze the charts, they are using something like fibonacci, bollinger etc.


Title: Re: how traders earn money??
Post by: loopes on September 18, 2017, 03:01:12 PM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

trader take advantage by bitcoin 's fluctuations prices and to be honest it is not easy to earn big profits. A trader buy bitcoin or alternative coin in low prices then when the price goes up few percent they sell their coin  and get profits but sometimes the price of bitcoin / alternatives coin go down deep from the number they have bought


Title: Re: how traders earn money??
Post by: edmond_dantes on September 18, 2017, 11:34:51 PM
they make money buying low and selling high there really is noting else to it.

Except knowing when things are low and that they will be higher in the future


Title: Re: how traders earn money??
Post by: acmagbanua21 on September 19, 2017, 12:17:16 AM
traders using bitcoin to buy and sell other coins or altcoins. buying at the lowest price then hold, and sell it to high prcie that you can gain profit. :)


Title: Re: how traders earn money??
Post by: thanhnc46947 on September 19, 2017, 02:50:01 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

this is very easy you only buy at bitcoin is low price and sell it at high price. Hear look easy but in fact...... a lot people can not do this


Title: Re: how traders earn money??
Post by: ARAGETS on September 19, 2017, 04:18:50 AM
The basic science of trading is buy low sell high. But, you need experience,knowledge, patience about trading bitcoin. In trading, you will analyze market price movement. You must monitor market every time. I know, you are beginner. I advise you to learn more trading bitcoin. You can read the thread in this forum, so many knowledge in this forum. Ask someone who know about trading or anything.


Title: Re: how traders earn money??
Post by: vandvl on September 19, 2017, 05:05:56 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

you can earn to trade in the way of buy low sell high..thats the prosedure of traders to earn bitcoin..


Title: Re: how traders earn money??
Post by: CognitiveDissonance on September 19, 2017, 05:32:48 AM
Study a few coins that you're interested in. Learn the ins and outs. Buy when you think there are lots of developments coming out or other good news. Sell when the sentiment is bearish. Or you can try to trade on TA but that takes years of work.


Title: Re: how traders earn money??
Post by: abitbetter247 on September 19, 2017, 06:16:11 AM
Hello , i'm beginner in this forum  :) and want to ask about
how can the traders earn bitcoins  ??? ?
thank you

By being really smart and taking money from all the little guys.  But these days it seems if you hold long enough everyone earns money in this market.


Title: Re: how traders earn money??
Post by: mustafizur8400 on September 19, 2017, 02:33:07 PM
Basic thing is you need to be aware of what is going on in the market. How, when and why the price changes? Try to buy at lowest cost and sell at higher price . This is how you can earn
money but be cautious.


Title: Re: how traders earn money??
Post by: ChainSmoker on September 19, 2017, 03:49:55 PM
Traders earn profit only 1 way- buy low sell high.You should ask how to be a good trader?.Trading is a skill you won't master in 1 night.You have to be prepared to lose in the beginning.Practice trading as much as you can with small amount of coins and then move to big amounts when you are confident.If you still fail then i advice to quit trading as it is not for everyone and remember do not trade more then you can afford to lose.


Title: Re: how traders earn money??
Post by: Hach on September 19, 2017, 04:14:54 PM
Traders are making money buying low and selling high. Many thing to learn to be successful trader.
Good luck