Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: yakdivine on October 03, 2016, 01:20:01 PM



Title: Trading bitcoin/altcoin for beginners
Post by: yakdivine on October 03, 2016, 01:20:01 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks


Title: Re: Trading bitcoin/altcoin for beginners
Post by: Teraboy on October 03, 2016, 02:00:19 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks
This place is already providing lot of the trading knowledge and the material, including a mentality too.. But you're in the wrong section... Should you can move this topic into the trading dicussion will be much better...  Already there is a lot of the spesific thread is you're need for starting your journey but..... Please trying for using the searching toolbar before.....  :)


Title: Re: Trading bitcoin/altcoin for beginners
Post by: BitcoinNewsMagazine on October 03, 2016, 04:10:22 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks

TA works just fine for bitcoin and altcoin trading. If you open an account at BTC-e exchange you can use Metatrader 4 with your account. Here is (http://www.coindesk.com/btc-e-metatrader-now-offers-multi-currency-accounts/) a link to a Coindesk article.

That could get you started. Problem is many of the altcoins you will want to trade like Monero are not listed at BTC-e as Poloniex is the most popular exchange by far. Good luck!


Title: Re: Trading bitcoin/altcoin for beginners
Post by: aomakun on October 09, 2016, 02:34:30 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks
if you previously played in forex trading, it will make it easy for you in bitcoin trading. because in general bitcoin trading as well as forex trading. good luck..  ;)


Title: Re: Trading bitcoin/altcoin for beginners
Post by: Mokuton on October 09, 2016, 02:45:59 PM
Read my tweets (not that long). I posted a bunch of useful websites and tips regarding anything bitcoin/altcoin trading  ;)

https://mobile.twitter.com/mokuton13


Title: Re: Trading bitcoin/altcoin for beginners
Post by: amacar2 on October 09, 2016, 05:01:46 PM
I think simplefx supports metatrader and also have bitcoin trading option. You can check them to trade on bitcoin market over metatrader platform like you are doing for usual forex markets. However i haven't traded much there, you can check for reviews about them. For altcoin trading i find poloniex, bittrex enough but they don't have support to metatrader.


Title: Re: Trading bitcoin/altcoin for beginners
Post by: dearbesz1219 on October 09, 2016, 05:49:01 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks

I think your in the wrong section dude much good for you to transfer in trading discussion. In that forum you will get a different tips of advice in trading , even material to be needed for a newbie like you.


Title: Re: Trading bitcoin/altcoin for beginners
Post by: th3nolo on October 09, 2016, 10:17:39 PM
for trading you should know the basics, and how to make the analysis if you do not know where to start I can recommend this youtube channel. There you can find information about different techniques and analysis.

https://www.youtube.com/watch?v=4lc8788xU7Y&list=PL33D0C18CDEBF64B7


Title: Re: Trading bitcoin/altcoin for beginners
Post by: labuan on October 09, 2016, 10:25:42 PM
simple, buy low sell high ;D


Title: Re: Trading bitcoin/altcoin for beginners
Post by: klarki on October 09, 2016, 11:11:17 PM
It only sounds easy. In fact, needs analysis, and many other details.
Look at the forum information, the benefit of it abound.


Title: Re: Trading bitcoin/altcoin for beginners
Post by: Red-Apple on October 10, 2016, 12:28:12 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks

if you have any prior knowledge from trading in any other market especially forex (in my opinion) it will help you a lot in trading bitcoin and it will be useful (not as much) in trading altcoins.

it is basically the same but since the market size of altcoins especially is a lot smaller, everything can be less predictable.


Title: Re: Trading bitcoin/altcoin for beginners
Post by: HeroCat on October 10, 2016, 03:38:24 PM
Firstly check BTC market for some months, and only then you can try to start. Faster profit you can get through option trade. Or you can also go in altcoin market, but also then you need a lot of time to get in, because there are a lot of many altcoins over there, plus almost each week there is new altcoin in the market. Check this link for trading with BTC/altcoins - https://www.coinigy.com/  ;D


Title: Re: Trading bitcoin/altcoin for beginners
Post by: densuj on October 10, 2016, 03:44:11 PM
I will like to go into altcoin/ bitcoin trading, though am new in bitcoin I have being trading forex using technical and fundamental analysis. However, I don't know if trading with meta trade software indicators work in bitcoin trading or if bitcoin has different platforms for trading?. Please friend if you have any material on how to trade bitcoin for beginners or were I can get free information about bitcoin trade I will appreciate it. Thanks
Well you have tried trading of forex should trading bitcoin or altcoins are not becoming problem for you, but in my opinion trading bitcoin and altcoins are like with trading stocks and for making prediction of price is same with using analysis tecnical and fundamental.


Title: Re: Trading bitcoin/altcoin for beginners
Post by: dearbesz1219 on October 14, 2016, 08:46:08 AM

For the beginners who want to learn trading in bitcoin/altcoin. Actually, for you to get the technique in trading you must listen to the members  who are doing trading here for a couple of years, with their experience you will get something that will help you to apply it on trading exchange platform. They can also give you a chance to locate more technical  set ups everyday. with fundamental trading, traders can simply wait  for the data release. Despise the difference, both can deliver good success.