Bitcoin Forum

Other => Beginners & Help => Topic started by: BitFun on February 07, 2012, 05:56:24 AM



Title: Scalping Bitcoin
Post by: BitFun on February 07, 2012, 05:56:24 AM
Hey all,

Can anyone give me some advice on scalping bitcoin? I keep ending up negative I need a solid strategy.


Title: Re: Scalping Bitcoin
Post by: Jonathan Ryan Owens on February 07, 2012, 06:05:33 AM
I have heard nothing but great things about Bitscalper, who does *exactly* what you're asking - but as a convenient service. You should check them out: Here's the link (https://i.imgur.com/hI2A9.jpg)


Title: Re: Scalping Bitcoin
Post by: btc_artist on February 07, 2012, 06:05:39 AM
Buy low, sell high.


Title: Re: Scalping Bitcoin
Post by: rwcp97 on February 07, 2012, 06:32:47 AM
Hey all,

Can anyone give me some advice on scalping bitcoin? I keep ending up negative I need a solid strategy.

It's very hard to beat the fees, as there are just small and short differences (at least in the USD markets). In addition to this, the market depth on the smaller exchanges is often very low. So if you take the depositing and withdrawal fees into account (you have to move money around), it is very hard to end up with a win...


Title: Re: Scalping Bitcoin
Post by: billington.mark on February 09, 2012, 12:05:43 PM
trial and error with small amounts. I use https://dnnbitcoin.aricie.com/
bitscalper is all well and good but your not in control. If they vanish with your BTC then there's not much you can do!


Title: Re: Scalping Bitcoin
Post by: Phlegmsandwich on February 09, 2012, 11:14:06 PM
buy when its underpriced and sell when it's overpriced.  Start small and work your way up.