Bitcoin Forum

Other => Beginners & Help => Topic started by: DR.NOMAD on July 27, 2014, 07:50:06 PM



Title: new to bitcoin and trading, please help.
Post by: DR.NOMAD on July 27, 2014, 07:50:06 PM
Hi, I am brand new to bitcoin and trading and know nothing about them (well almost nothing) so I was wondering if anyone in the community could help me out by suggesting websties or videos that could teach me how to trade or more about the currency itself, thanks to anyone who helps =p


Title: Re: new to bitcoin and trading, please help.
Post by: InwardContour on July 27, 2014, 07:54:15 PM
If you don't know anything about trading, just read some books about technical analisys,
but if you really want to have some profit with bitcoins, buy them and hold long term.


Title: Re: new to bitcoin and trading, please help.
Post by: Baitty on July 27, 2014, 07:54:48 PM
You should check out bitcoin.org before proceeding and try to understand Bitcoin before you move onto trading should also look at some tips on investing and when to sell and when to buy.


Title: Re: new to bitcoin and trading, please help.
Post by: nicepumper on July 27, 2014, 09:10:46 PM
search bitcoin tutorial in youtube


Title: Re: new to bitcoin and trading, please help.
Post by: karlb187 on July 27, 2014, 11:01:46 PM
you can learn allot by using google.  ;)


Title: Re: new to bitcoin and trading, please help.
Post by: kingama on July 28, 2014, 12:04:57 AM
Read every page on the wiki http://bitcoin.it and ask questions here if anything doesn't make sense.


Title: Re: new to bitcoin and trading, please help.
Post by: fatguyyyyy on July 28, 2014, 05:34:25 AM
I wouldnt get into trading bitcoin, just buy it for cheap and hold.

Only full proof plan of being in profit.


Title: Re: new to bitcoin and trading, please help.
Post by: Brewins on July 28, 2014, 08:34:21 AM
First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.


Title: Re: new to bitcoin and trading, please help.
Post by: DrG on July 28, 2014, 09:15:02 AM
First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.

I agree.  Best advice would be to buy and hold (especially since the recent price drop gives you an extra discount).  Go on an exchange like BTCe or Poloniex and just listen and watch for 2 months.  Don't do any trades.  Assume everybody is lying about positions or speculations - but listen to the stuff that comes out of the trollboxes (chatboxes).  Then after 2 months you'll be able to see the truths.


Title: Re: new to bitcoin and trading, please help.
Post by: Crossbow376 on July 28, 2014, 06:02:57 PM
First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.

I agree.  Best advice would be to buy and hold (especially since the recent price drop gives you an extra discount).  Go on an exchange like BTCe or Poloniex and just listen and watch for 2 months.  Don't do any trades.  Assume everybody is lying about positions or speculations - but listen to the stuff that comes out of the trollboxes (chatboxes).  Then after 2 months you'll be able to see the truths.

What about doing exactly opposite to the advice you get in btc-e trollbox? :)


Hi, I am brand new to bitcoin and trading and know nothing about them (well almost nothing) so I was wondering if anyone in the community could help me out by suggesting websties or videos that could teach me how to trade or more about the currency itself, thanks to anyone who helps =p

The guide by Coindesk is pretty good and easy to understand for newbies. http://www.coindesk.com/information/
Just read the sections one by one, and you should be able to get a brief understanding in all aspects of bitcoin.