Bitcoin Forum

Economy => Trading Discussion => Topic started by: digitokash on January 20, 2017, 09:28:10 PM



Title: Sold all my gold stock, Bitcoin trading now
Post by: digitokash on January 20, 2017, 09:28:10 PM

What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list (http://www.digitokash.com/top-5-places-to-buy-bitcoin/) of best places to buy.

Thanks in advance for your feedback. thanks.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: JeffBrad12 on January 21, 2017, 12:23:17 AM

What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list (http://www.digitokash.com/top-5-places-to-buy-bitcoin/) of best places to buy.

Thanks in advance for your feedback. thanks.



Bitfinex, Kraken.

http://coinmarketcap.com/exchanges/volume/24-hour/

If you're trying to tap it on the all of the exchange list and xbtce will be the first one.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: nasipadang on January 21, 2017, 03:16:10 AM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Immakillya on January 21, 2017, 06:12:12 AM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: pooya87 on January 21, 2017, 06:37:11 AM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.

OP is talking about "bitcoin" trading not "altcoin"
poloniex and bittrex are both good altcoin trading sites, and they both have USDT which is not dollar but an altcoin with the same USD value.

yobit has fiat but their markets are dead, the site is shady, they fake pump everything and the orders are also fake most of the time.
it is not recommended at all.

@OP if you ask me it is never a good idea to go full in bitcoin unless you have a very small amount of money to invest that diversifying it is not wise!


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: hurain on January 21, 2017, 06:43:48 AM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.
i personally using yobit for a long time and nothing found wrong here, no doubt that c-cex and poloniex.com are also go exchange, providing good service to their customers, but i thing yobit is also  a trusted and reliable exchange you can trust on yobit for any limit. so i can also recommend yobit.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Idrisu on January 21, 2017, 07:10:40 AM

What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list (http://www.digitokash.com/top-5-places-to-buy-bitcoin/) of best places to buy.

Thanks in advance for your feedback. thanks.
Those your list are very ok for trading platform. Platform only contribute little for successful trading as you can easily google them, reviews those site, come up with your own judgement. But what traders should be concerned is the knowledge, skills and information needed to trades professionally. Be it commodities, margin or leverage trading, forex and cryptocurrencies; trading market are the same- same fundamental and technical analysis, same emotions, same indicators and same platforms.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Amph on January 21, 2017, 07:51:20 AM
you cna also trade forex commodities and other fiat market with bitcoin, on website like 1broker, simplefdx or whaleclub

they offer a good leverage and support, the only problem is that they have not enough funds to cover everyone going on one direction(shorting) instead of another(long)


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Strongkored on January 21, 2017, 08:41:38 AM
You can use Poloniex and Bittrex, Poloniex have high volume trading and many altcoin who still have support from developer listed in Poloniex  you don't need to worry you can choose altcoin who have high volume so you can see your trading will go very fast, buy or your sell order will execute in fast. But in Bittrex you need to be carefull when trade in altcoin new because altcoin new sometimes in short time will be a garbage.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: onrise on January 21, 2017, 08:53:36 AM
I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: thepo1m on January 21, 2017, 09:23:38 AM
I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


Good point been raised by onrise, Why would you put all your eggs in one basket, Gold is an investment that is more than 5000yrs Old and has proven overtime it is a sure bet, and trade that for BTC that is not 10yrs Old and so many uncertainties surrounding it. Though BTC is outperforming GOld recently, but the wise decion should have been to split your investment fold into both


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: emezh10 on January 21, 2017, 10:29:23 AM
I can suggest for you is the c-cex and poloniex just remember that invest in high volume coin is high risk and invest in legit coin is the low risk because the high volume coin can be dead coin anytime. So I would like to suggest that trade only in legit coins. And Dont forget the buy low sell high method to earn large profit. Invest you afford to loss is a must.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: ikydesu on January 21, 2017, 10:35:33 AM
Simplefx, use their MT4 platform, you can learn first thru the platform, it's make easier to use an analyze with MT4 platform, because there are have useful tools.
Also have various btc pair, you can trade ETH too if you want.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Loepuenkyou on January 21, 2017, 11:01:07 AM

What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a snipe (http://http:/) of best places to buy.

Thanks in advance for your feedback. thanks.

what do you want pair in bitcoin trading
if use euro is the best site and the best volume trading in trading site is kraken
IF USD, btce,bitstamp,coinbase
in yuan huobi and okcoin


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: KennyR on January 21, 2017, 01:22:50 PM
I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


What's been quoted is all about the unpredictability of bitcoin. But bitcoin as the potential investment gives you the profit in a very short term than gold or other forms of investment. I won't think that bitcoin gets vanished in a short or within a day. Without doubt you'll get assured earning for the gold you sell and invest with bitcoin.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: marcoman22 on January 21, 2017, 02:39:57 PM
Best exchanges for altcoin trading are Bittrex and Poloniex. Bittrex is very much user friendly and it lists lots of newly launched altcoins so that trading options are more. Selling all gold and investing in bitcoin trading is highly risky.Better invest half of investment in bitcoin.Hold it as long term investment and dont expect short term returns. It would be safe to invest in 2 years old altcoins but if you can find the under valued altcoin which is newly released, you can gain huge profits.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: layoutph on January 21, 2017, 02:49:35 PM
I am with you, If I am in the safe position I will also sell my gold and turn it to bitcoin.. Enjoy the trading profits as the value of bitcoin is in the bullish position going to the moon!

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


What's been quoted is all about the unpredictability of bitcoin. But bitcoin as the potential investment gives you the profit in a very short term than gold or other forms of investment. I won't think that bitcoin gets vanished in a short or within a day. Without doubt you'll get assured earning for the gold you sell and invest with bitcoin.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: PacePay on January 21, 2017, 02:54:33 PM
I often buy bitcoins from local bitcoin, from a local exchange for my country and from yobit and these three are working better for me. I will suggest that you study a few exchanges and then if you find any one of them best for you use that platform for buying and for doing trade etc.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: digaran on January 21, 2017, 03:17:09 PM
There are plenty exchanging services that you'll be amazed and even might barf since their number is way too many for market such as crypto.

Cex.io
Kraken.com

Those 2 services I know that I can trust, you need to decide for yourself though. and you did a good thing to enter crypto (buying only bitcoin) you wont regret it.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: digitokash on January 21, 2017, 05:48:32 PM
I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


Good point been raised by onrise, Why would you put all your eggs in one basket, Gold is an investment that is more than 5000yrs Old and has proven overtime it is a sure bet, and trade that for BTC that is not 10yrs Old and so many uncertainties surrounding it. Though BTC is outperforming GOld recently, but the wise decion should have been to split your investment fold into both

I'm tired gold, bitcoin is the future so im much more attracted to it.

I have other investments, but im definitely looking more into bitcoin.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: virasog on January 22, 2017, 02:14:59 AM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.

For a Newbie, C-cex is the best due to its user friendly interface. Poloniex and bittrex are for real experienced person because trading goes on very fastly there and lots changing in buy or sell order within seconds.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: bitllionaire on January 22, 2017, 03:34:18 PM
poloniex.com (http://poloniex.com) recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com (https://bittrex.com) and https://yobit.net (https://yobit.net) also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.

For a Newbie, C-cex is the best due to its user friendly interface. Poloniex and bittrex are for real experienced person because trading goes on very fastly there and lots changing in buy or sell order within seconds.
yes actually c-cex can give you good opportunities to learn about trading, here yo can invest a small amount of bitcoin for trading therefore c-cex is the best opportunity for the newbie. after getting some experience in trading you will become able to invest your money in other exchange also.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Edraket31 on January 22, 2017, 03:56:22 PM
I am usually recommending poloniex.com  in trading, I use it since I started bitcoin and I never regret anything. All of my friends who engaged in trading  use it too, they have more accurate and fairly good system. The UI is not very pretty unlike to other site but it is very functional and easy to use.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: veleten on January 22, 2017, 07:03:33 PM
Poloniex,Kraken,BTC-E are good to start bitcoin trading at
both if you are an experienced trader or a total newbie
if you don't have much to start with or just want to practice before moving on to high volumes-try Yobit
they allow minimum 10.000 satoshi to start trading with,yes thats right 0.0001 btc


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: Goms on January 23, 2017, 01:06:03 AM
Yobit will make newbie traders run away from trading.
Coins with little value pump 2x in hours and when newbies buy at peak prices, the price drops and newbies feel shattered.
At least on Kraken, you know you are not dealing with worthless coins.


Title: Re: Sold all my gold stock, Bitcoin trading now
Post by: coynedterm on January 23, 2017, 01:44:42 AM

What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list (http://www.digitokash.com/top-5-places-to-buy-bitcoin/) of best places to buy.

Thanks in advance for your feedback. thanks.
If you are newbie then I will suggest you for the trading in simple exchange site like yobit .
Yobit is a exchange site which is very simple to handle and understand for newbie , So if you are finding some complications for the trading in some exchange , then try this at once .
Secondly if you want much high security and much active exchange site then use poloniex , bitrex like high level security sites .
Since the securities of about all sites are high like each other so here in high profile exchange you will find buy/sell for particular coin is going speedly then in less famouse exchange like c-cex , yobit etc .