Bitcoin Forum

for example i trade with 500$ after some days that particular coin raise up my 500$ turn to 600$ i can use 400$ to invest and use the other for home purposes but i think it can work if only the coin have a good value but when the coin worth nothing your 500$ might come down to 200$ that's the risk in trading sso please is this decision of mine good or bad?

Yes, just like forex trading, cryptocurrencies trading involves high risk.  Up and down, pump or dump.  Just use money you can afford to lose for trading.

Here's my suggestion about that, you can try to use your $500 to trade and after you have been getting decent profit and it's much better for you to get back your initial investment fund and then try to use your profit to do another trade or investing in the coin. this will be minimize your own risk rather than betting all of your amounts. your idea looks so bad for me.

I would advise that for a newbie you might want to stay off trading for now, unless of cos you are truly grounded with knowledge to scale through. Trading is something that might get you losing your money, especially if you do not know your way through it, as it is very risky. Also, you might to consider not putting all of your funds in it.

Just do not buy right away for the full amount. If the price falls, you can dilute it. On the Internet, there are many interesting videos about this theme.

Now it is better not to trade, you need to wait for the bull market. If you trade it is worthwhile to put a stop-loss and trade for short. You can trade in a long time if you are willing to wait.

Yes your decision is good, like you said it works better on a good coin. Just make sure next time you trade with the amount you can afford to let go if something happened and also, study the coin  well before trading on it.

It is the possible thing in trading, you can turn $500 to $600 within a split minutes.

But there's also some chances that it can drop lower than your said price and it mostly happens to the coins that aren't really so popular.

You have made the right decision by taking profit. This is the best thing to do, trading with the balance and if profit comes, you will be fine and if not, there is a backup.

I think you should keep your money for now and stay away from trading until the market gets stable. While waiting for the market to be stable, you can go to youtube and watch some trading videos for beginners or take a trading course online.

yes, it is a good decision, and you should take your advantage, a good tip is you should analyze every movement of your coin and be patient.

remember, that fluctuations never stop, buy with other assets if your coin is good !

A very good tip in trading is that never be too emotional as it can get the better of you. Always assume the worse case scenario in every trade, take calculated risk because it is better to be too careful in trading than losing all of your capital. Studying the market up and down trend can help you tremendously as you will see potential coins to trade with and potential bear traps along the way.

Currently, the wise choice in cryptocurrency is to play the hype cycle.  Well, actually it has probably always been like that with some exceptions like bitcoin and others.  But right now, there is so much FOMO that it is very easy to just find a new coin that has low/zero pre-mine, semi-transparent and available team (even that isn't always needed), a good sales pitch.  then, accumulate that coin with POW or by doing bounty and sell it as soon as possible becaue that is just what is happening right now.

I don't like it and I personally haven't taken advantage of the hype cycle as much as I should if I want to make money. 

It will depend on your strategy. You know this is a very risky place. You may have to take some big risks. But if you are lucky you will be gainer.

This risk is everywhere, where ver you invest. Whether it is crypto currency or fiat currency. This game is even more exciting just because of its high risk. Never lose hope and follow latest updates.

thank you so much for asking our advice,  I would like to say you that you never should invest more than you can afford cause ups and downs keep happening in this market, risk is always available so bad time can be arrived any time so think before you invest

trading is the main income source of this business,  but you must understand the correct timing otherwise you will never able to earn profit so I will advice you to have the proper knowledge regrading the market and then get involved with any kind of serious trade until then don't invest on large amount

Normally there is no risk no gain. You have to take risks to earn profit. Wherever the risk there is so much profit there. Still you have to try to invest in risk free. There is a need to do more research for this.

If it’s reliable and it’s should be good for those who are interested to invest on trade. You need some analysis skill for trading and always you need to be patient.

Business means risk. You are at risk because you are moving towards profit. But to gain profit from the risks, you have to earn skill.

Thanks for your query. I too think when anyone makes up their mind in investment they should use that money they can afford again if they lose as this world of crypto currency trading has high risk possibility.

there are many risks that will be accepted when we are trading, there are benefits received when the price of coins rises, but if the price decreases we will experience losses, so can not be predicted

Well I think defining risk tolerance and knowing own needs are the primary facts you should keep in your mind. Again having goal and to be stuck to it with proper determination is also important.

My tips regarding this issue would be having logical approach and less emotional intensity and also be analytical about own success and failure. These things are very much needed if anyone want expected success in trading.

I don't understand why is it important that coin is not pre-mined?

I think it is time to buy some crypto or earn it other way because the prices are pretty low.

if the money you have $ 500 to $ 600 then I suggest you to continue your trade without taking the advantage you get for the capital you use is growing and you will get more profits because the greater the capital we use the greater the benefits we get

investment requires totality, without forgetting the personal / household needs. here I suggest you do not invest in all the capital you have, but set aside some for investment. if the token goes down then you will starve and lose all your investment.

Everybody has a story to tell when it comes to trading on crypto currency, but j think there are lots of mentors on this field and there as been lot of write up when it comes to crypto trading. If u can try and consult them and read article, it will surely help

From my point of view everyone must have to research before trading. I think you can invest more dollar when you get a decent profit from your initial investment. I think first investment should be low because it will minimize risk.

From my point of view you should do a proper analyze before invest on this market. I suggest everyone to invest low amount for the first trading because it will minimize risk. You can raise your investment gradually. This is the best think that I suggest.

i think the decesion of yours is bad . trading with cryptocurrency have some risk. Sometimes it goes up and sometimes it goes down.

Yeah you have to take risk if you want to invest in cryptocurrencies as the market is uncertain. You should invest that much that you can afford to lose.

Your idea is not looks promising to me. I think if you make some profit you should keep the amount of investment and reinvest the profit again. It will minimize the risk I guess.

Everything is depends on your strategy. You have to take some big risks as this marketplace is very risky.

There's always risk in trading and if you are comfortable with that kind of strategy then it is fine to do so. You can use the profit that you get as you like, personally i use it to increase my trade size so i can earn more but sometimes i also take the profit and use it to buy something.

You decision is good as long as the coin is a potential one and you have good knowledge of trading but if you are not experienced and do not have knowledge of trading, I will advice you stay off and invest in potential and stable coin then hold for long term as this will be more profitable for you.

Only one advice I should give - if you cashed in crypto, don't count to cash out for "home purposes" ass you said :) There will be one day when you will regret you cashed out this day, in the very beginning, don't hurt yourself.
Also try to trade without money in the beginning. No matter how stupid this sounds this can help you to reduce loses in the future

If you want to trade 500$ then do it.I think after getting your benefit you just trade with your benefit and get back your initial investment. I guess it can minimize your risk and you know there has up and down regarding price in crypto market.

If you spend $ 500 to invest and can make $ 600 then that's great. But if you drop to $ 200 then that might be a normal thing. You just need to manage the right capital and make the right decision to buy and sell in time, that can not happen. If only $ 200, I think you should choose to become a holder

there are varieties of traders. such as long term and short term. In short terms, those who buy low and sell are only 20% to 50% of the cost. And in the long term, those who are dissatisfied with the low-priced market will want to wait for them to increase their value before they sell.

You need to know your trading profile first. In order to do that, you need to gather datas about your past trades and evaluate what type of trader you are. Are you a Fundamentalist that trades based on news and speculation or are you a Technical Analysts that uses chart as primary weapon. I advise you to read charts because this is the most profitable way to do (If you are good enough). You need to train yourself day and night. Eat charts like you've never eaten before. Research for anything that is related to trading. Focus on developing your system then work your way out to become the best trader by developing your mindset. Read books about trading psychology and Never ever giveup. Don't quit.

But if investing requires totality, without forgetting personal needs and I suggest you do not invest in all your capital, but set aside for investment. if the token goes down then you will starve and lose all your investment.

Choosing a good coins to invest in can gives you a good profits,  but it is very hard to predict which one is have to rise or fall, although youve chooce the good one, but when is the right time, in some ways risk exist. So when you earn good profits,  dont cut your capital to a home purposes, because the additional profits can earn another profits by rolling up all in the markets.

That is a good strategy, always taking away your profit from trading when your investment multiplies. I also did that before and it really is advisable to take home those money you win as much as you can because trading is not all about winning. Those take home profit can also use as a back up in times of losses.

That's why you doesn't need to used the money for daily needed in crypto trading or what because there is a huge risk that you may lose it. Use the money in trading or invest that you can afford not all your money.

I think that is for short term investment, if you know that it increase and you can get an profits you will take it away or save. But of course there's an long term investor that truly waits more time to gain a huge profits. If you know the coins that you choose are having a potential you should do a long term investment.

The main thing when participating in cryptocurrency trading is to have a precise plan of action and follow this plan always. You also need to have an iron character. Psychology is almost the most important thing for a trader.

I completely agree with the fact that the market is very risky, always think about it, so that in the end it does not happen that you will simply lose all your savings, I hope you remember this simple truth.

Try to minimize your own risk and invest your currency in a secured project. I think crypto market will give you more profit with a little risk to invest in crypto and get benefit from it.

The best thing in crypto trading or any other currency trading is you invest the money which is not very necessary for you now and in time of trading, you remember to put your currencies in more than one tokens or project.  When you get a decent price, then withdraw some of your money which you must and other currencies you trade in another investment. Invest in a portfolio whenever you get higher value from a project. don't put in just a project and also not to trade all of your currencies on the whole. And your idea is not very suitable to be successful.

The market of digital currency itself is very unpredictable and volatile, so the risk power is key, as any time you are likely to face a loss, just as any time you are also likely to win. So, the key here lies on your researches, nothing else. Always try to reinvest from profit, bit by bit, and if progress is postive carry on.In this way you can maximize profit and reduce chances of going bankrupt.

If you are completely new to trading, first just observe the coins in which you want to invest, see how they react to the news background by studying the basics of technical analysis and only after that go to the market with your money.

Like every single person that participated in this business said, Patience is the key, it is really proven. But if you are new here, do not invest all your money because this is not assured profit and not all people here gains profit, set aside for your future and enjoy life. Cryptocurrency is just a part time where you can get income that doesn't require much of your time.

Trading strategy depends on the level of risks you want to take. If you are into high risk, yes you can reinvest your capital and profit. The safe bet and lower risk option is to take back your capital and reinvest with the profit you have made.

The desire to trail is at all. But my personal experience has shown huge costs of temporary and just the loss of money. I realized that I was better at investing in ICO.

Crypto market is very volatile, it is very likely for you to face loss any time. However, there is a very huge chance for you to make huge profit if you invest on the right coin. My suggestion is to reinvest from the profit you make, not all of it, but the least amount which you can afford to lose. In this way you can maximize profit and reduce chances of going bankrupt.

 trade is certainly very big chance of his profits. profits can be per day thus percent. Advice to know is. If the price suddenly suddenly suddenly drastically. of course you do not panic to sell the assets because I think it is a very reasonable thing. Do not panic if you become a trader.

All trade in the crypto currency is a kind of "roller coaster": a trader buys a coin during a Dump and sells during a Pamp. The more coins he has in his portfolio - the higher the probability of making a profit! This is how all known financial funds work, and ordinary traders also work. All the complexity in one - to properly compile a crypto-currency portfolio. I hope that at the moment there are a lot of top coins already collected in your portfolio and are you waiting for Pump?

I think that everything is as easy as ABC because you need to sell when the price is high and buy when it is low. To my mind, it is better to trade according to the standard rules known for years

In day trading, You will need to be online almost every 30 Minutes, What I feel you should do while trading, you should increase the number of your coin when the price goes down so as to when it will come up you can profit.

Keep in it in a piggy bank and it will stay the same way.  ;D

Look, with every investment there is risk alongside it. It is just larger in the crypto currency industry. You are risking more by trading it though. Holding it wont make you much so better just do the risk.

How to keep yourself safe? Better see to it that the money you will be using is not for rental payment or electric bill and any other bills.
That means it is just an excess of what you are making. That way there will be not much regret when you lose it.

The most effective way to increase your potential income in cryptocurrency world is to know how the market works, and you should invest a lot of patience in order to avoid huge lost in the future. When it comes to day-trading/long-term investment you have to buy everytime you see the market at very low value, and sell it whenever the market is at high this will be able to maximize your profit margin.

Yes, this decision is very good and can only work out well if the coin is a valuable one that is why it is good to always do your research about a coin before you put your money into it. Potential coin will value more and you can make profit why less potential coin can even depreciate or even crash.

If you are making 300$ profit from your 500$ I would suggest you to again invest that 500$ in the same profitable coin and use that 300$ to find some more profitable coins on the market and invest on them. In that way, risk will become low and chance of making profit will increase. But, never invest everything you have.

Invest for a long time. Now that tactic that you described-does not work.You may lose all funds. It is better to buy top coins and forget about them for a while.

If you want to avoid big risk, look for a low cap coin on a few exchanges that has low volume but not 0, prehaps 10k $ / 24h, and a good margin.

Lets say it has 800 sat buy 1000 sat sell, place buy at 801 wait for fill, put sell on 999 sat, wait for fill and keep buying at 801 as long as it sells at 999 and be active to lower sell if more users is traiding the margin. This will eliminate the risk of quick losses when market moves, since these projects I am talking bout generally dosen´t respond much to market moves like the larger cap coins does.

There are many good bots or scripts that you can run in demo mode on exchanges that has bitcoin futures and if you like what you see, try buying or shorting it for real!

Best of luck!

It is all about making a great start and a great finish. Follow the prices carefully, do your own researches, follow the news, and make your decision just according to your knowledge.

 if it goes that smooth then we don't need to worry . investment in crypto currency needs a lot of decision making  because once you get it wrong you lose all your money . so always be on the look out for investment ideas and do your research

the selection of crypto in investing is one of the keys to be able to get results. However of course also need patience in the running of this investment. stand alone when the loss is a pretty good thing to do. In addition, this is also a way of safe long-term investments to be able to get results.

the risk in trading is the price of crypto in an unstable market. as a trader, we must be able to make good decisions when to sell coins so that they can make a profit. we also need to be able to analyze the market well because that is important. besides that, we also have to be more careful, in order that we can avoid the losses.

And be patience, rather than become a daily trade and it will be much better to become the long-term traders. Due to the trend of the crypto is unpredictable right now and it will be a very good decision to choose the long-term trade. Try to get the rumour about crypto and it will become a very good point to buy the crypto.

I will say bad things.
stop trading when Bitcoin prices are unstable, this will only worsen your trade. I'm sure the altcoin will drop very far because bitcoin is experiencing pressure.
keep your trade with long-term trading better

And yes, being patient at the same time is extremely important. But I think following the rumours can make you lose your money sometimes. I think you need more than rumours before making and investment in crypto.

My advice, do not invest in crypto currency money that you feel sorry for losing or that you will need. You can turn 500 dollars into 200 for a few months. And in half a year they can become 1000. Everything depends on your ability to wait and good luck in choosing a target for investment.

Trading is not easy if you do not have knowledge of it. In my experience, you should choose cryptos with high safety coefficients such as BTC and ETH for investment rather than investing in altcoins and ICOs. Selecting cryptos for investment is important because it determines the profit you will earn in the future.

When the market begins to fall - it is better to leave the market altogether and look from the outside. The most correct decision is to sell in January 2018 and not trade at all

yes that's a good decision, stop being a good choice when the market situation is uncertain.
taking big risks will make emotions unstable and easy to make wrong decisions. emotions are a difficult part to explain.

now a lot of information regarding the bidding. but my opinion is that you need to invest. do not rush, the market is actively developing ::)

Should know about stop loss and when you have profitable, You will buy and wait token down, buy it.
I think so.However, It's still difficult

Based on my own research, the only most effective way to increase your potential income in cryptocurrency world is to know how the market works, and you should invest a lot of patience in order to avoid huge lost in the future. When it comes to day-trading/long-term investment you have to buy everytime you see the market at very low value, and sell it whenever the market is at high this will be able to maximize your profit margin. Any thoughts?

Trading tips and advice?

Better to see this link ( https://bitcointalk.org/index.php?board=8.0 ), that link is about "trading discussion" and other stuff. You will see a lot of threads about how the trading goes, and crypto trading is a quite complicated than I expected before. Just learn it step by step and avoid to make a rush decision as well. First, you need to educate your self and see first some example shady moves like scam and fraud people or website. Goodluck mate, you will be a excellent traders on the future if you keep yourself calm every time.

It will depend on your strategy . you know this is a very risky place . but if you are lucky you will be gainer.

Therefore, there is the concept of money management. First, you need to understand where to put, which exit point and risks for different scenarios. And most importantly - when. The second point, therefore, the portfolio balance and not put all in one place. Well, the classic, diversification

In trading you should always put a goal. Be patience and don't exhaust yourself staring at the graph. Always set a stop loss and take profit on every trades you made. Many traders I've known use 1% for stop loss and 3% take profit in every trade. So even you loss in your recent trade you can recover on the next trade you made.

actually if you are into trading, you must expect not only the winning situation but also thr lossing situation. If you trade do not use all of your asset or tokens. Just use a little because this trading business is just like a gambling sometimes we lost and sometimes we win.

I will definitely recommend that if you want to trade in a daily basis try to make it with low quatities of money in order to reduce risks, the market is unpredictable and we don't know if you will get back your investment if the coin you are aiming for doesn't behave like you wanted.

During the fall in prices, many advise to buy more increasing the number of coins, and then on sell on pump.

I can say that if u trade not as professional and it's not ur job, trade only on funds that u can lost.

At present, the wise choice in cryptocurrency is to play the hype cycle. Well, actually it might always be like that with a few exceptions like bitcoin and others. But nowadays, there are so many photos that are very easy to find new coins that have a pre-mining, semi-transparent and available (even what is not always needed) low / zero team, good sales. then, collect the coins by pow or by bounting and selling as soon as possible because that's what is happening right now.

You have made the right decision by taking profits. This is the best thing to do, and will still have a backup if something unexpected happens. this is really good.

Electronic money transactions are always high risk, so you should consider investing in this market offline!

I think your strategy is very precise, you invest in altcoins that have good value and have potential in the future, I also see you take into account the losses you will experience when choosing an altcoin, you have data and do research before investing, you are a very thorough person.

If you are completely new to trading, first just observe the coins in which you want to invest, see how they react to the news background by studying the basics of technical analysis and only after that go to the market with your money.

I don't seem to understand your point, what decision? about getting
into trading? well if yes then you must not waste time, study more
about market analysis and you'll get better!

In my opinion, the way that you applie including a good way. Meaning that while the trading you are doing is running then you are taking profits little by little. I only recommend that you trade to put trading capital in accordance with your capabilities. That means that according to this ability is not putting all your assets in trading but putting money that you can relate to when you experience losses. When you decide to trade then you must be prepared with the worst possible loss and lose all your capital. You have to think that far.

Trading cryptocurrencies is a big risk, especially if you are a beginner. I think the basic first rule is that you should trade the amount that you will not be afraid to lose.

Trading is like a chess game. You cannot predict one hundred percent accurately what steps your opponent will take. Likewise with trading. You will not be able to know exactly where the price will move even in the next hour. One of the causes of failure of novice traders is ignorance of the basis of good risk management.

If you want to trade , remember to start with a maximum of $ 10. To feel the market, learn how to use a lot of tools. Don't go in with a lot of money. Good luck to you! :) :) :)

Advice to give is a thankless task. But for my part I will say that it is risky to trade with altcoins, and in order to minimize the risk, it is necessary to reduce your profit needs. I wish you all not to be greedy and be happy with 0.5% for one day of trading. Success will come slowly but surely.

in the trading, I myself have never implemented a system that is difficult. I just traded in accordance with market conditions only. and it is quite helpful to me during this time. We have to have a target, and wherever possible should be patient meets the target.

I will advise you on trading that you have to be very productive and have to trade in the market due to the upturn and downward trend. I believe you get success in this way.

can you beat the trading bots? if yes then go ahead and do what you described. it seems like really easy. buy when low and sell when high :))))