Bitcoin Forum

I see many traders in chat box on btc-e that seem very smart and know when to buy and sell and seem to be making big profits. How do I trade like them?

Well, I would share some time-tested strategies using exchange-traded derivatives, but that ass-clown Cyrus deleted my post. Didn't even have the courtesy to tell me he was deleting it, or why. I only found out when other people complained. Bottom line is, if you really want quality information on how to trade btc profitably, you'll have to get it somewhere other than this sh*thole 'bitcointalk.' You might try looking on reddit, there are some good threads/posts on trading btc there. You won't find any here.

buy at bottom line sell at hig line
that simple :)

Yes, the famous btc-e chat box, where everbody are the winners and know what they are talking about. :)
The truth is that they are all probably losing since they all wouldn't be there to run their mouth if they were winning.

Look, trading bitcoin and even more altcoins is very hard ad the moment. Market is thin and small and you are pretty much at the mercy of 1 whale that will either make a huge sell or buy, that's why we can see so much volatility in bitcoin.

buy low, sell high? that's the only thing i know about trading  ;D
seriously, i think perfect timing plays a big role in trading

before you trade you must know about "what your point "
-earning bitcoin
-earning money ($,euro,CNY,AUD etc. )
-earning shitcoin (DOge,litecoin,arch,start)

after it you must choose exchanger
-bittrex
-huobi
-bitfinex
-bitstamp

and you must know FAQ, fee, withdraw etc like that of that exchanger :)

and start trading with more research about speculation, reasonable, from twitter, bitcointalk.org trading view

and take actoin buy or sell ;)

Good luck guys

It is easy to say buy low and sell high. When price is falling how long do you wait to buy,if at all. How do you know price has reached bottom and then to sell at peak? There is no absolute method.

you can't be 100% sure about this all the time even if you are a very experienced trader, the only thing is to compare the current trend with the old trends, if they share somethign similar you can expect an equal direction

also there are "forms" of the chart that can tell you soemthing like the double bottom or double top or two "shoulders one head"

Are we reading the same trollbox? :o

The BTC-E chat is called "the trollbox" for a reason. I would say that chatter there is overwhelmingly unintelligent, and most traders in there (and in general) are losing money.

The key to trading is knowing the numbers, probabilities, and exploiting edges. You need to find a system that works for you -- there are too many to name here. Some of the simpler ones are EMA/MA cross systems or chart patterns like wedges, triangles, harmonic structures etc. Investopedia, Stockcharts, and Bulkowski's ThePatternSite are all good resources to start. Babypips too.

The problem with any one indicator is that you need to separate signal from noise and trend from chop. It's easy to get whipsawed blindly trading based on EMAs or bull/bear divergences on oscillators. I would also suggest looking into structural analysis (e.g. wave structure, EW, horizontal support/resistance levels) and candlestick analysis to help determine the bigger picture. It's important to recognize when the market is ranging vs. trending.

Best of luck to you.

You can’t predict the future. Everyone thinks they can. But they can’t. This applies not just to trading but almost everything. Hope is not a strategy. And don't borrow any money for trading. Also invest for long term perspective, if you plan for day trading then it is almost a gambling so it purely depends on your luck instead of any strategy.

don't know much with trading but somehow historicals and trends play a big role in the price of what you are trading so i suggest look for those information if you plan to dive into trading. others laugh at graphs and drawings but that will clearly show you whats happening before and may help you decide for your future trading decisions.

I think your wrong, 95% of traders lose money and only 5% of traders can make a living at it or Only 1% of traders really make money. The fact is, many traders will lose money and it simply cannot be avoided. Reasons are like money management mis-haps, bad timing, bad government policy, poor regulation or a poor strategy. So please study carefully before jump into trading, here one can easily and very fast can loose money instead making profit.

Watch for increased activity/volume, try riding the wave up and up while taking in small profits

get out before it falls!

that totally not true i see more people get profit from trading
also i think trade is like a ponzi scheme before dead (scam )

The oldest method available: Buy low, sell high. For example lets say you got 1000$, buy 1 btc. when ever price rises sell some btc, when ever price drops, buy some. That is the basics.

Ppl don't always profit from overal trading. One winning trades doesn't mean the traders can make a living. How do you say trad like a ponzi scheme before dead? I know trading is like zero sum game. One is losing, the counterparty is winning. If you have no experience at all, you just gamble your money and will definitely drain out your money quickly!

Just know those people who are trading probably have previous day trading experience and apply it on btc-e.

Its a overlooked thing that people think they can trade and most are in the negative or barely breaking even.

I think it is not correct. Blindly trading will make you completely loose your investments. It is very dangerous. If you don't know then don't try trading.

Buy low, sell high.  I just lost a lot of BTC on ETH because I held instead of selling at the peak of the recent pump  >:(

they may be severe in monitoring the price fluctuations so they can benefit from it
i want learn it to  :D

In trading more than 90% people will loose money. This rule every one knows but still they will not sell when they have a decent profit because they think they can make still more profit. So one should fix how much profit or loss he want from the particular trade.

there are aspects of luck, skill and experience, neither luck not experience can be taught but the skill can be, you just have to find someone to teach you :)

How good are the Trading bots?

the buy low, sell high thing in trading also needs luck and timing so you need to have a good timing to buy and sell you item and at the same time lcuk that you logged-in at the right time.

Try paper trading before you start trading. Otherwise HODL (on for dear life). If you don't know what you are doing, it doesn't matter how smart you are, you will lose money guaranteed.

I tried but failed I trading. Maybe i'm not that patient enough to hold on the coin's long enough or maybe wrong chose of alt coins to trade. I even tried to put get into ICO's but again failed. Looks like this is not for me.

It has been said but, I think trading is a mix of skill (reading charts, and movements), reading news and a bit of luck.
But some guys told me that they've made quite a lot on Forex by getting skilled at it. Notably one who've spent working at a big bank. Now he's retired at ~35 years old I think.

Compile a list of long-running ( > 1 year ) coins and monitor price, volume, activity, ANN thread and Twitter. Track price history, buy on low, don't get greedy, sell on high (even if not that high). The general idea is to consistently come out on top, even if profit is negligible sometimes. Also try following your hunches and see where they lead. As you trade more you'll pick up on other subtleties. Good luck!

how about join Pump And Dump Group ? like bobsurplus

if you're talking about btc sell when the price is on the peak and buy when the price is the lowest

May be they are just make chatting, but in fact do not make money trading  ;D People from some countries love to be in the chat for hours daily  ;D

try with small amount of trade,pick the best dump coins. looking info for that coin. use your feeling :D

Every one knows buying at low and selling low makes profit but the most difficult job is finding low and high so just buy some and wait for right time to sell.

the main rule is to buy when the price is down and sell when the price is up
tips :
don't use sell order when you are near to the computer [1]
read chat there are a lots of thing important on it
[will add soon (i am busy now)]
----------------
[1] use bitcoinwisdom.com to track the prices and make sure that you use BTC-e, and use alarm to warn you when price reach a specific amount (and don't trade after the alarm starts to tick, keep tracking the price)

and use your mind, don't do silly things fast without thinking

-time
-prosfek coins
-patience
-luck

4 big points very influential

This is Trade buy low rate sell with small profit ( for secure from lost )
https://i.imgur.com/5EPU6rA.jpg

but sometimes doing so is not as easy as that, it takes a strong filling (lucky)  ;D

you must research before trade it :)

it's very simple,,buy coins when the price is down drastically, then wait a few days until the price goes up
but bear your own risk

You have to make own research about altcoin that you trust can be profitable on the future. For example : bitcointalk is a forum with altcoin sub section that allow Altcoin Dev to show off what algo that be use for the coin and other technical factor that support altcoin existance.

What you said is a simple definition of trading book statement. Just imagine who ever brought at 1000+ and waiting for appreciate then how long they still need to wait for prices go up any idea? So after you buy you must need to monitor the prices and should come out the trade when you reach certain % of looses. This will vary from person to person based on their risk factor.

 

do you mean btc trading or money as usd euro etc trading, for trading, the main things that we should not leave is info n news

There is no 1.2.3. plan to get rich quickly, not by trading (bit)coins, nor with anything else.

the only way to make money at the moment is belong to group of whales ,them are living from the trading pumping and dumping the altcoins ,i dont know what is needed to be part of it ,i will call it lucky to be part of it,they have around 5000 btc or around 50000k those groups,soo they pump a coin and new users will enter dreaming with the hot coin like eth these last days.

Trying trading at solo is very hard but my advice look to top 10 altcoins interest,i mean volume,soo see the big and the lower value,enter in a short position when see it green must close it before it mooves again to red color...

and you know where the bottom is or when the top is? that's the most difficult part

there are also double top and bottom to take into account, when those happens you lose with this simple strategy you posted

Sounds simple right? But even if you buy coins at a high price and someone needs it badly, you can sell that coins to that person and you still earn from it. Timing plays a big role in trading. You should be there when the right price comes to your door and your window should be open when the right buyer is looking for you.

You can see what coin to buy from price charts in your exchanger. You can read altcoins market movement from there, also you can make money from a new launched coin because it has dramatically price fructuation. It's price can jump 200%-300% in one day. The best way is read price charts in market because it notice us what will be happened to a coin.

Their is no one who could tell you confirmely about winning of the money trading, it all comes with the experience . Simple logic is what is you budget of trading, divide it into 20% and start buying Bitcoins when the market is in correction mode. then wait for the market to go uptrend after certain movement you decide when to sell and try to sell same way 20% like what you tried in buying.

Patience will pay you profit.

how about rate will down and dumped, ??? are you will still hold it ? and never try cutlose ??? LOL

Try to learn how about BTC - how to trading and important you need money.

That is good to know.

in low volume you kinda need inside info to make good profits, unless youre good a leverage trading futures

belong a whales group or a smaller group that pump and dump coins all days the real thing is that being part of those groups you can make some comission ,soo this way is harder to invest and loose .

The easy way:

Do a little research on the coin or coins you are interested in.

as others said.  Buy on the bottom line and sell on the high line.  Even a 4% profit is a profit.
Say you buy a coin at 100 sats it goes to 104 sats and you sell.  If you have many coins.  say 100k worth.  That is still 40k sats earned.  It does add up quickly.   Just study and watch how people trade and when to buy and when to sell.  highs and lows.

there are complicated ways as well but for a beginner.  Just play and learn as you go.  You will find your own way if you stick with it long enough.

Seems legit.

Buy low and sell high is kind of strategy adopted by value investors, the lower the price is, the more they will buy. Because they believe what they are buying have a great potential.
Cutting loss is term used by the following trend investors. They buy why the price is up at specific level. But they need to figure out when to cash out profit if price is still up, or cut the loss if the price is down.

you can learn about chart/graph about trading, you can learn more about bottom line, double top or like that if you want to be succes
but if you a beginner yu can use a simple way, buy low sell high

Trading is very much like gambling with the exception that you make more money doing it the more experienced you get with Bitcoin. I would suggest starting out by buying $5 worth of Bitcoin while the price is hitting the low of a dump, then hold on to the coins until the price has gone up significantly. You should also read the Speculation subforum of this board as it has a lot of active discussion regarding the issues that affect the price of Bitcoin.

btc-usd trading is way too risky.
I would go usd - eur trading instead of btc/usd. You can't go wrong with any of those: USD - EUR, both are major currencies.

trading bitcoin is something that requires experience and skill though, wouldnt really recommend it to the beginners without a good background in trading already.

no gambling is not like gambling, gambling is wrong, some people get lose and some people get win,
in trading some people need bitcoin some people need money ($)

I would disagree. For a newbie, trading is like gambling to them; in their minds, it's what they lose/what they profit, not them trying to exchange a currency. People trade to get a profit.

and not all people trade to get profit
if you need money (fast time) you will sell your bitcoin in any rate

Trading to get profit is just like buying stocks.You never know how it is going to end.
Traders usually trade in altcoins because they are totally unpredictable.And bitcoins are pretty stable as compared to them.

I suggest you to buy basic trading books, like forex for example. You need to learn the basics before. Then, try some service that permits fake trading (it's like a game, just to learn and you don't lose money). At the end, you can trade bitcoins at major exchanges. I advise you chinese exchanges, because of liquidity. Good luck.

The problem with margin trading is that, when you win, you will have moderate gains and when you lose, you'll be facing huge loses.

In the world more than 90% margin traders have lost there money in the process of making money from these trades. It is quite difficult to guess the price movements in any currency so it is better trade with what ever your ready to loose but don't trade to become rich faster or barrow money for trading. If you do so then you may end up in bigger problems.

That 100% true, no will make big money in these margin trading. Traders should be very careful otherwise they may loose all the money.

I think the most important part is to learn the basic before you can actually get involved full scale. Start small, forget about margin trading and learn to intepret the charts. Part of the skills is how to control your emotions during trading.

This question is a bit gully in my opinion.

How do you build a television?

What is the best way to make someone fall in love with you?

Do your research.. learn the terminology and then these traders won't seem that superior to you.

People like to talk the talk in chat boxes about buy walls and things like that but very few will actually make consistent and considerable profits.

The easiest way to trade is to utilize price fluctuation.

Buy low, sell high and that's about it.

Experience will teach you a lot of things, but don't expect a pot of gold at the end of the rainbow.

Trading is risky, difficult and far from the best way to grow your coins.