Bitcoin Forum

i suggest you to be patient with trading as you haven't done it before. best is not to chase quick profits as it might cost you a lot.
btc-e is a decent exchange which allows you to make deposits and hold balance without verification.

This sub is entirely dedicated to that type of thing - http://www.reddit.com/r/BitcoinMarkets

There's a vast amount to learn. Successful people might have been wiped out several times before they started to make a profit. I suspect consistent successes are few and far between.

Paper trading for a few months will tell you whether you've got a knack for it or not. Exchanges will normally let you trade in very small amounts. The Chinese exchanges like OKCoin and Huobi have zero fees. Fees will add up if you trade often.

It's a game most will lose at. Keep that in mind.

Hello goldkey0070. randy8777 gives you good advice. It would also be good for you to read a lot, if you search in the forum you can see threads about people who know much, read, ask them and observe. And with patience will learn.

Hello @goldkey0070 my friendly advice before start anything is to understand how the whole market work, also before get in the trading world even if you are looking for arbitrage opportunities is good to give a little time to practice with a pen and a paper to avoid mistakes,calculate charges/fees and to see if you can control it and can be profitably for the amount you are going to invest in.I am sure that you will find many sources online, just dont be hurry!

Kind Regards,
BTC-Bank.

Thats great advice just doing it with paper at first. I won't hurry and ill leave this thread open for my updates......i still have to learn how and pick a platform. so im going to look into the chinese one and ill get back to you.

This type of thing takes YEARS to learn, I'm afraid. You'd have to do like 6+ months of FOREX on a demo account, to learn all types of patterns, trading strategies and whatnot, try and lose your real money on FOREX first, and maybe just maybe start to get the hang of it to do Bitcoin.

Or try blind luck.

Not promising you will handle all the learning but if you do you will have a good grasp on whether you want to carry on or not the site i started learning is called http://www.babypips.com/ and it has a vast amount you can transfer to whatever market you choose. If you have not seen it however experienced you believe you are then try it out and you will thank me later ;)

I think the best way to do is buy on exchange and sell it P2P quickly at a higher rate.

Thanks for the link, i have been looking for something just like this, I've been trading small amounts, under 1btc and every now and then i pull off a good trade and make a small profit, easy too loose also if you don't know what your doing.

a useful site, don't know how much they are right

http://btcpredictions.com/

i want to add, take a look at the speculation section here on bitcointalk, there some users with nice prediction and technical analysis

BTC is not a get rich quick scheme.  If you have a opportunity that says you will get rich quick chances are it's a scam.

I think you are better off looking long term (1 year or possibly longer).   If you look long term you don't fret day to day drops or going up.   

If I had to throw out "quickest" way I would say it's buying BTC right now then selling later.  Only thing is we have been in 240's for a little bit.  And we have not manage to stay over 300 in a while.

Daytrading suck man and you will probably end up in minus numbers if i may suggest you then buy in now and hold for atleast few months...then sell.

You just can learn trading by your experience. Don't believe in anyone . They can cheat you. If they're a good trading. they were millionaire.

They wont have time to teach you. They were on holiday in the Caribbean

go to this website for further info it will maybe help you.

 http://www.reddit.com/r/BitcoinMarkets

I think you are a little unfair on this.  I am not a day trader, but I doubt near all of day traders are millionaires.

I do agree about watching out for your coins.  Not everyone but some are out for their self and a scammer.  But if something sounds to good to be true chances are it is.

Thanks for your input  but you see i have no idea what to do when it comes to this. I just think if i learn i might be able to not do labor all day like i am now and make ok money.....is this even possible ??       im looking for some kind of training video or some site that will teach for free...does anyone know one of these sites url???  im not in any hurry because i dont want to lose money but my back can't take much more of this hard work i do. :(

Bitcoin is not a get rich quick scheme.  You can mine, sell goods or services, signature campaign, trade.  All take time you cannot just do nothing and make anywhere close to "ok" money.

As far as BTC if you cant do one of the things above then your looking at buying it.   But there is no guarantee you can lose money if done wrong.

 signature campaign??? what is that? is that what i did with this forum to post and they add an ad to my sig??? is that really profitable by itself........

I do get a lot of traffic on my websites http://bitcoinfaucetrelay.com  and I do own a faucet but one site just feeds the other http://dimensionalbtc.ddns.net . i have adsense and bit media but they just don't pay enough. i own another site that has no purpose http://bitcoinfaucetexchange.com I'm not sure what to do with it . it has nothing on it... i am just not making enough coin with these sites ,thats why i was looking into using the market or some other direction,maybe someone has an idea for that site with no purpose... i can't change the name... any suggestions??? i also dont have enough money to buy bitcoins and sit on them i barely get by as it is... :(

Yes it is the ad under it appears you have one.

Once you get to Sr member and above it is a nice thing to have.  You will in no way get rich off of it.  But can earn a little for something you would do anyways.  It is more profitable then faucets.

You can learn about trading crypto with ChrisDunn . His Twitter is @ChrisDunnTV

thanks

i see ts like 8000 satoshi a post for jr member and i just noticed right now im a member does that mean i get paid this week for a member?

Not at all. He used to give away 6000 USD on last month. $50 each people for trading

I'm learning with metatrader4 some brokers like fxopen support btc/usd trading.

you should join 777coin, they pay well for newbies, jr and member(12k satoshi right now 50% more than what you are earning now), then(when you reach full member) you can move on something else like dadice or bit-x

Unless you risk it and trade in high volume - $100,000 + buy and sell when margin moves up by $3.

But lets be realistic,

Who would do that? LOL

Isnt 777 some kind of casino?? thee the ones that pay 12,000???

You must be talking about 12k Satoshis I guess...
12000 Satoshis = 0.00012 BTC.

I think that hitbtc.Com has a demo trading feature. May or may not help you.

You guys make trading look like something only the pros can dabble into, but all pros started out as amateurs who took the time to learn all they could, started small and were not afraid to take calculated risks.

 why don't you try to ask here and try in yobit to trade altcoin and make a profit with your bitcoin.. honestly i just learn with my self to try and learn.. just repeat it try and learn once you know how trading works.. the strategy they always doing is to buy cheap and sell high..
And if the altcoin is going to be crash theres a strategy to dont lose all your money in some altcoin just decrease your selling price gradually until your stocks are all drain..

Just keep following and reading so you can learn more on how to... Being in the forum always will make you friends in your vicinity which means you can easily make transactions for a start and sure gonna expand your links to much wider range of contacts to be working with. :)

I have been doing the pen and paper investment with my own fake money just to get the hang of things and after a little up and down I am doing really well now.
I cant help but think that I just would never have taken some pf the risks I do on paper as I would with real bitcoins at stake.

Probably about time soon to put in something small like 0.2 and see where it gets me.

Good luck trading cryptocurrency of any type.  If you find the logic that's behind any altcoin or even bitcoin itself, let me know.  Until then it's less risky playing the lottery.

i am sorry that you are feeling that way, but there is actually a lot of logic behind everything that is happening inside the bitcoin or altcoins market.
you just have to find that logic that controls them in different times, even hype and pump and dumps are happening with some kind of logic.

i have follow cris dunn on twitter,and then subscribe their blog,before i read this post,i think cris dunn is not popular person and professional traders,but now i believe he is the on of most succesful trader in bitcoin world.

According to me There is No Place Where You can Learn to Do Trading and Also No Rocket Science is Behind Trading Always Follow a Rule in Trading Buy Low and Sell High.....
And I Also Suggest You to If You are New to Trading then Start with a  Small Amount For Experience.....

If you want to play a little bit of trading, then i would just advise you buying like 0.03-0.05 of BTC and going with it on POLONIEX.
It is a really good platform, very comfortable  ( at least for me ). You can change it up to any other currency, and just buy/sell with it.
You can do it of course on margin trading, which is a better idea than just exchange. You can also get/give a loan there, but i guess that would not be a thing that you are looking for.

You can learn how to use the market or a particular trading site by just reading some threads here on Trading Discussion Section, Read some threads that is related to your concern and summarize those comments or reply on different thread and somehow you will be able to understand how the market works or what are the perspective that people or traders have in making profit using a particular market or trading site. You can also find different sites to study or learn trading on different markets to make a good profit. Google is your friend but Bitcointalk is your best friend.

Update: I am  expert i think on trading BTC for Altcoins for a Profit, Thank you everyone for your input 3 years ago

Well good for you, even you have red tag mate at least you learned a lot in doing trade in the market.
That's good for you, and this topic was posted 2 years almost already, good luck anyway to your trading career.

I created a website where you can practice trading btc or stocks using simulated funds. It's a good way to try out trading without risking real money.

www.demoinvestor.com

Use a small capital of 0.05 to start learning. Invest in bittrex I think is safe. Learn to be patient when buying cheap and selling when expensive.

Yes, its been some time now and since then i have bought a new car with the latest  wave of BTC price rise. I have to say im so glad i got into crypto currencies .  I just bought Sia Coin yesterday  what are you folks thought on this . I believe next year when the dedicated miners are in place it will go over a dollar... and i have over 150,000 Sia coins  ,  cant wait !!!!

whats the minimum investment you can start trading with to work your way up? what's a good exchange to learn trading on?

What comes from BTC millionaires is usually different and secretly kept due to Bitcoin being new... With everything coming out of the bubble it'll be rare to accept yourself as a failure since there's new services and features never seen in any other consideration.

I gave up luck with buying in early to focus on Internet Marketing, without this choice young luck could've been lived. I never wanted that life, but now I see goals exceeded entirely to the other side of the web.

you can get 300 free doge for joining tux exchange and trade up and learn the markets, that's what i've been doing.

what do you want with your bitcoin after you have? is it for trading, holding, or playing gambling? because you need to find what you want. it is easy for just buy but after that, what we want to do? if you want trading, then i can give advice to go at poloniex, bittrex, kraken, and else. make an account for each of sites, deposit some amount for start trading.

there is no minimum amount of bitcoin to start but i think you need to have at least 0.003 btc to start trading, less than 0.003 btc, you only use it for transaction fee. if you don't have knowledge about trading, then i suggest to you to search more info so you can start your first trading.

the best from everything i suggested, holding bitcoin is really work for you. you don't have trading, gambling and else. just hold your bitcoin until you see the best price so you can sell your bitcoin for making profit.

You could even start trading with 0.01 btc.You could get a clear idea of trading by seeing some you tube videos which explains about crypto trading.Try to learn various price charts provided in exchanges to trace the price movement of a certain altcoin.Do your own research to find the most under valued altcoin and don't follow the market blindly.Don't get panic at any time.

To involve yourself in trading is not a joke, it need time and effort before you can make profit. You need to spend time on learning about in trading. Here is the bitcointalk link illustrating regarding about in trading.

Trading is a difficult way and not for people can't keep their calm or patience in long time. Because trading like as wait the market doing as your predict and take profit, the time spend for it is unknown and you will met many impediment make you boring.

First things first, start with the actual stock market. That's where you going to learn a lot of terminology. If you get to one of the exchanges and look at one of the order Pages between two currencies., you'll see things that can be confusing to some people don't be 3 prices on there, to ask, the bid, and usually the last. You will need a lot of experience to fully grab all these concepts.

You'll see two list of transactions that are waiting to be filled, and then in the middle of all that you're going to try to put in your transaction information or your order information. Just learning what those columns represent and what those terms represent is a good start and that's easier to do on the regular stock market.

Yes, i learned a lot when i used to trade in the Forex Market, that teached me a lot, i learned when to trade, when to buy/sell. stop profit/stop losses, etc.
I think this was a good experience that i had before introducing myself into the cryptomarket. But i think that trading with altcoins is just muuch easier than forex, just because you can put "sell orders" and take profit if the price goes down.
So my recommendation is to start with forex market, and then move to cryptos

This is all you really need to know

https://www.youtube.com/watch?v=0akBdQa55b4

If you know nothing about trade then I will suggest that join such froum like this one and go through all the threads through which you will get a lot of information about the use of market for profit similarly you have to go through all the reputed site each morning to see what are the main trends in market just following that ways and soon you will be an expert.