Bitcoin Forum

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

You can start with buying when the price is low, then sell when the price is high, but i advice you to read about how to trade before making any move, Its risky and you must have patience.

I unfortunately do not have a Mining Rig to mine anything, else it would be something I'd think about. and I am scared to try cloud mining i hear bad things about it. right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back in is what I was thinking at least until I build something self sufficient worthy

Your doing good mate, buying when the price is low and selling when the price is high, if I were you mate keep tracking new alt from alt section check for a new coin that has been build and make sure to study it first if faith comes you you'll earned more. good luck to you mate.

What you scared about ? you can gain many profit when you use that mining rig, but you don't have it.

That was called trading, try with buy ETH/LTC/DOGE(maybe). don't buy 1 coin if you have much money. when 1 coin going down you can sell the other coin.

This advise is so well compile buying more than 1 alt is your alternatives logic said that if you lose in one of it there's a big chances to gain in another one, so be wiser in buying alts for trading there's a lots of help from our alt sec try to look for a promising one. good luck mate.

I'd say thats fine for now, Just-dice.com is a great site and should bring you profit from your investment and Clams are good coins also, its better to stick with something you know then trying something you know nothing about. Trading alt requires knowledge as to which one looks promising based on various factors, you can try small and learn with trial and error but its hard to pick the right ones as there are so many shit coins around.

I'm also new about trading and want learn about trading. I want ask something, How much balance do you need for trading ? Like 1 bitcoin or 2bitcoins ? My target is getting profit 5-10% per day.

Bitcoin trading or any other trading can be done in two different ways: day trading and passive trading.

Day trading: looking for profits within a day. Suitable only for professional traders.
Passive trading: buying and holding for long-term. Suitable for anyone and mostly recommended for newbies.

Its easy to make money now by trading ethereum, i make 2-3% easily daily by trading it, it has big swings and it's easy to catch.

buy low, sell high, repeat  ;)

Now you can involve in small scale trading with a limited cash. Once you find the real tactics of high scale bitcoin trade make higher investments to earn high profits.

If it was that easy everyone on this forum would be a millionaire.

To the OP - people are reluctant to reveal their successful trading strategies, because by definition, if everyone is doing them, they cease to work. I'd advise to you experiment with about a dollar's worth of coins, and use trial and error to see what works. If you lose money, it's only a dollar and you'll have learnt something in the process.

But low is not possible every time, Sell high also happens only after holding for a long time. So earning profit through trading needs time.

basically of trading is buy when cheap and sell when expensive. but sometimes it's difficult to practice. at least you should have the knowledge, before you really want to buy the coin.

One who wants to earn from trading has to watch the markets all the available time. That's the secret recipe. Nothing else.

when I was new in trading. I have a few friends and a group about trading. and this could help me to make a profit.

or you can go here https://bitcointalk.org/index.php?board=8.0 hopefully it can help you

If you want to make good profit then I would not trade Bitcoin. You need a high stake in order to make little profit. I would rather recommend to speculate on undervalued coins, or even on typical and known pump and dump coins (which are currently in dump mode of course). A good platform for doing this is Yobit or Poloniex. You need little stake to start. But be careful, this strategies could mean the total loss of your investment.

Recently i have also started to trade in Altcoins and really if you do little bit reasearch about coins then you can do trading and earn nice profit and users in yobit are also very friendly , i have been using yobit for last 3 months and trading is also fast. for bitcoin trading we need investment but i yobit you get freecoins with that you can start your trading.

If you are a newbie you better go find some video tutorials on trading.
Always remember that trading can make you a lot of profit but can also make you lose it all. before start trading you need to know about the basics.

Cryptocurrency trading is no different from real-life trading except the following:
1. VERY high volatility (sell quick, buy quick)
2. minting (ALWAYS research coins, mintable coins like ppc and other fast-mint coins may not be a good ivestment)
To get into crypto trading, just watch some real life trading videos. The basic pattern is identical except a few exceptions here and there.

Guys what are some of the better altcoins to trade with ? Is it a good idea to buy new coins that have been released. I think i should do this instead of gambling then at least i have some sense of control as apposed to pure luck.

are you interesting to use my strategy trading..?
i have good strategy trading , it's very important for newbie like you
but my trade strategy work on altcoin trade

you can PM me . because this is my private strategy

Good to know that you are actually trying to make Bitcoin from Bitcoin (or money from money) by trading.

I'd suggest you using a big and active exchange to do this. In order for you to grow your Bitcoin from Bitcoin. you need to sell Bitcoin at high price. Wait until Bitcoin price drop a little (less risky but low profit) and buy back your Bitcoin.

I see that you already got yourself many tips from fellow Bitcointalker. So I will cut my crap and tell you about some potential Bitcoin investment scheme pitfall.

1. Do not invest in Altcoin IPO; they will never (or unlikely) end up well.
2. Do not hold onto pump and dump Altcoin too long; buy this hour, sell in the next six to 12 hours.
3. Do not put all your Bitcoin (and fiat) into an exchange.
4. Do not invest in ponzi/investor-based scheme.
5. Do be patience when you are playing/doing (day) trading game.

Have fun!

are you sure with it..? look at ETHERUM price, someday ago the price down to 0.02 in 12 hours after reach 0.03 , after it price going up again. if you do it you will lose your bitcoin.

for me hold your lose and searching more info about your altcoin holding, if "good news" will come better to hold it until good news release.

you post this 2 days ago,and i suggest you to start trading with Etherum,buy now at price 0.027,and i'm sure 2 day again,the price will rise,and you have get profit depending how much you bought that etherum.

follow this guy


or buy many account with pot activity , then sell it or using for signature camp

Buying and selling itself gives good profit. Hold for a short term. You'll get assured profit as regular price increase happens with our technology.

Trading is not is than you think its not easy to choose what altcoin is the best and what alcoin you can make a profit..
First you should register in any trading site like in my signature yobit.. to know how trading works you must try to buy a cheap altcoin so that you the risk are low but there's a chance of high profit.. sell the altcoin for high price like x2 or x10 and wait for the price increase if the price reach high and your altcoin has been sold you are done in the first step.. now you should research first if what altcoin has a long term project and buy some of them..
And sell it again for the price x3-x20 depends in you if how much you would like to set..

first of all try to learn the basics of trading/investing;
you can google for books for more indepth look at the topic,
try tons of free articles available all over the internet (like the ones on investopedia.com (http://www.investopedia.com/active-trading/))
and look at numerous threads available on this forum. (mostly located in trading discussion (https://bitcointalk.org/index.php?board=8.0).)

decide wether you wanna trade bitcoin and fiat or bitcoin and altcoins.
look up a number exchanges on service announcements (https://bitcointalk.org/index.php?board=84.0).
check them out personally to see which interface you prefer.
read about people's opinions on them in service discussion (https://bitcointalk.org/index.php?board=85.0).

establish your trading plan.
move a little bit funds to your balance in your favorite exchange and start testing the water.

dont confuse yourself with many different coins and options;
you'll need to spend time to keep track how their markets move and react in different conditions.
if you find an interesting coin, study it in depth and familiarize yourself with its dev team and community.
initially try older more stable coins with big market caps.

have discipline, once you did spend time to develop a plan stick to it.
have tenacity, remember failures always happen and don't quit.

And also you can follow someone by listening people say in tab chat, because sometimes it gives us information. and you use Demo for first time trading. it's like training though.

In trading making profit is very simple. You need to spend lot time in analysing the variation in price. Only then you can fix the appropriate price and make profit.

this mate is an easy tips but full of sense inside you need a lot of analyzing means you need to do your homework do research and follow the movement of your desire goods/alt to invest with and after finalizing do your moves. day trading might be too risky but if got your luck you gain more.

Yeah i am also tried making some profit in yobit fast growth in altcoin and you can easily understand the concept of the site..
But there's many shitcoins in yobit.. so beware to buy shitcoins better to research first and watch the fluctuate of the price of altcoin..

you can't tell which coin is good and which one is bad just by looking at yobit. since that exchanger is not so popular, the trading volumes are so low and in some cases unreal.
a couple of days back i was looking at bitcoin price for example and it was $230 @<0.01 vol while price was $207 everywhere else.

Thats a good suggestion to have some conversation with the users who were already in the trading sector of bitcoin.

if you want to seriously in altcoin trading, im suggest you to use poloniex, it's a biggest altcoin trading at today. Im trade at poloniex and i make arround 2btc/mnonth.

Search on the bitcointalk and follow some interesting alt coins.buy some, w8 and have some faith :P
I started with Dash, and even if they are not high earnings are more and more of what I invested  ;D

If you want to trade, I would suggest you put a small amount of bitcoins into alt-coins. You will have a much better understanding of how things works once you start conducting various buy and sells orders. (Market-Buy/Limit Buy) or (Market-Sell/Limit). Once you are familiar with executing a few trades, I would recommend trading bitcoins. Keep in mind what you put down as initial capital to invest might be lost completely, so take trading with caution.

Make every move in trading with caution. Only then you will be successive. One of the major factor is the atleast a small capital is needed to enter into trading as I found few trading sites with certain limitation.

if you don't know technical analysis, it is a good idea to take a look at what it means and study a little bit about it. doing some analysis of the market can help you decide better about the actions you want to take in some cases.

There was a time when I used to check Bitcoin price every few minutes lol, these days I do my trading a little differently. I buy when the price drops, for instance Bitcoin dropped to $400 not so long ago and I consider this a nice price to buy at. Then I'll just set a sell order at a reasonable price, say $425 and forget about it. Rinse and repeat. It's probably not the ideal way to make the most profit but it's less stressful and it works most of the time :)
Of course it's better if you have at least 1 Bitcoin, if you do this with a very small amount, profits will be negligible.

If I were you, I would start reading some books about trading and watch videos about it. Then try it on your own with smaller amounts.

As far as My experience on trading over a year , All I can say that I'm "noob" for it. As we know , trading is unpredictable and quite unstable compare we play on real forex trading for example. But whenever it is, we just to make sure that always trade on how much you afford to lose.

I'm usually watch 1 or 2 altcoin by watching it's graph, so I decide buy it low and sell it high no matter how long they are

Not much books are there to read and understand the tactics of bitcoin trading. It looks to be very difficult to find one such book. Can go for books of making business which can be implemented in bitcoin trade.

Yes there are very less books available...what i suggest is if you know someone who is using it try to learn some tactics from them.....read more on this site and go through with the comments who are using it so you will get valuable information.

Honestly im not professional in trading but i can give you a tip.. first you should study how trading works and you must research first before you buy altcoin make sure that buy orders are many before you buy the altcoin.. so that you are from shitcoins,, and also if you buy an altcoin do this step..
Sell 30% set it for a little bit high for the real price in and 30% sell it high to the first setup and the last 40% set it to highest price you want.. so that if the altcoin will still continue to rise you can still get more profit..

Trading is an easy way to get profit, but too risky to a newbie. Becareful of it, read some books or try to browse in internet or BE AN OBSERVER to get ideas on how it works.

first of all you should be learning about trading and do not started trade before you sure and understand the knowledge and to prevent big loss tried to trading with small amount because on trading there is no guarantee you will earn profit from that even traders expert has ever experienced to loss

Trading is one of the best way to get grow your bitcoin or make a profit. One of thing you need to remember is buying altcoin at a cheap price and sell them in a higher price some times getting a profit can take a couple of days or week depending on the traders but for me it's worth to wait because aside from it safe, you are the one who will hold and control you bitcoin.

First thing you have to understand with trading is that nothing comes guaranteed. You won't make any profit without knowledge about the markets. Even if you do, there is a large chance that you'll lose instead of gain.

I suggest you invest in some altcoins that seem promising. And cashout once they are in a bubble situation. Buy low sell high.

Hi dude,

I see many talk about altcoins. What is that? where to get it? whats the benefit out of it? I am not sure whether this is a silly question, but i am new to your terminologies... Kindly assist me on this please...

Altcoin is just a alternative cryptocurrency to the bitcoin. There are so many that exist today.
You can read some Altcoin announcement here (https://bitcointalk.org/index.php?board=159.0). Where the new Altcoin publish their launch.
IMO, the only benefits you can get is by trading it to bitcoin. Sometimes, you'll get a big profit and sometime don't. It just a matter of knowing on what coin to invest/buy.

Hi Dude,

Thank you so much. Am i on your track in understanding? I need to buy/invest in any altcoin and wait until that particular coin gets higher rates and then i sell it for higher price. This will make me a good profit. Am i right dude?

Trading its simple dude just buy low and sell at higher price. I suggest start with a small capital and trade bitcoin/altcoin for the BTC/ALT even with small capital you will be profit. For further learning, you can use the trading board discussions in this forum. And keep in mind, use only money if you loss that money you will be ready :) thank you

As usual, buy low, sell high. Learn to read the trends.

More importantly, diversify your trading. Look out for good bargains and get an idea of what those altcoins are involved in. Some are quite mature and might not move much, others have good room to grow, and some are just dirt cheap to buy and hold.