Bitcoin Forum

Economy => Trading Discussion => Topic started by: panzerafaust on October 28, 2015, 01:58:48 PM



Title: Trade with coins
Post by: panzerafaust on October 28, 2015, 01:58:48 PM
Hello, i'm new :)
A few days ago I read a post that said that it was possible to make earnings trading with coins like if they were the stock market, and I wonder if you know any of this places to trade, and what is the minimum amount to negociate, cause I only have like 5 mBTC.
Thank you.


Title: Re: Trade with coins
Post by: Mickeyb on October 28, 2015, 08:32:04 PM
Hello, i'm new :)
A few days ago I read a post that said that it was possible to make earnings trading with coins like if they were the stock market, and I wonder if you know any of this places to trade, and what is the minimum amount to negociate, cause I only have like 5 mBTC.
Thank you.

Hello and welcome to the forum and to the Bitcoin world.

First of all you should learn and read a bit about Bitcoin and get yourself familiar with it if you still haven't done it. Trade you can anywhere, on any Bitcoin exchange. Here is a list:

https://en.bitcoin.it/wiki/Category:Exchanges

Make sure that you research exchanges before you decide on them, are they scams or not. Also to start trading, there is no limit or minimum amount. But with what you got, you won't make any profits. It would be good to start trading with around 1 BTC in my opinion.

Lastly, I hope that you have some trading experience, since Bitcoin trading is not easy at all.

Good luck!


Title: Re: Trade with coins
Post by: panzerafaust on October 28, 2015, 08:59:49 PM
wow, thanks mickey, I didn't knew that there were so many options.
The idea that I have is to make 0 inversion and have some real profits, the objective is not making me rich, but the satisfaction to get some internet pure money.
About the trading, I have a little experience, the basics, it will be also a way to practice my knowdleges with some "risk"  :D


Title: Re: Trade with coins
Post by: gentlemand on October 29, 2015, 12:49:42 AM
Check here as well - https://www.reddit.com/r/BitcoinMarkets/

It's dedicated purely to trading.

You may be better off starting with paper trading and filling your brain with as much info as possible for a good while before taking the plunge. It's not like normal markets. Bitcoin is still the wild west and regular market tactics that would be illegal elsewhere are par for the course with BTC.

Minimum amounts can be very low but keep an eye on those fees. Certain exchanges are quite expensive.


Title: Re: Trade with coins
Post by: desticy on October 29, 2015, 01:52:47 AM
choose the suitable exchange for you to start the trading journey

https://bitcointalk.org/index.php?topic=695082.0


Title: Re: Trade with coins
Post by: HeroCat on October 29, 2015, 03:23:26 PM
With 5 mBTC you can forget about any BTC trade.  ;) You need at least 5 BTC to start to trade in BTC market  ;)


Title: Re: Trade with coins
Post by: panzerafaust on October 29, 2015, 07:56:14 PM
I think that is excessive, I can trade with much fewer money in the regular stock market or CFD's


Title: Re: Trade with coins
Post by: silverleafy on October 29, 2015, 08:07:48 PM
Bitcoin trading isn't really like trading stocks and such. In order to make money with Bitcoin through trading, as others have said above, you need a large amount of Bitcoin. A better and easier way to make money through Bitcoin is to do work. People will hire others for all kinds of work, and you can find those in the marketplace.


Title: Re: Trade with coins
Post by: gentlemand on October 30, 2015, 02:13:47 AM
I think that is excessive, I can trade with much fewer money in the regular stock market or CFD's

I think your leg is being pulled. Check out any of the Bitcoin market sites such as this - http://bitcoinity.org/markets - and you'll see lots of tiny trades going on.


Title: Re: Trade with coins
Post by: bitbaby on October 30, 2015, 04:01:59 AM
With 5 mBTC you can forget about any BTC trade.  ;) You need at least 5 BTC to start to trade in BTC market  ;)

I think that is excessive, I can trade with much fewer money in the regular stock market or CFD's

5 mBTC is about $1.5 give or take, do you really think you will gain anything by trading that much money? You should at-least invest in about 1 BTC so you can actually make something worthwhile otherwise you'll just be wasting a lot of time and effort for nothing.


Title: Re: Trade with coins
Post by: desticy on October 30, 2015, 06:21:15 AM
With 5 mBTC you can forget about any BTC trade.  ;) You need at least 5 BTC to start to trade in BTC market  ;)

some exchanges have lending business, if he can left his child, the whale would still be hooked


Title: Re: Trade with coins
Post by: Luqman on November 01, 2015, 04:25:46 PM
Poloniex is a good exchange to start with, they have solid community..


Title: Re: Trade with coins
Post by: eternalgloom on November 02, 2015, 04:45:32 AM
Poloniex is a good exchange to start with, they have solid community..
Agreed, Poloniex is also one of my favourite exchanges. Instant withdrawals, which is very nice.

And you can always just try trading some altcoins with your 5 mBTC, you're not going to make much but at least you'll be learning how to buy and sell, place limit orders etc.


Title: Re: Trade with coins
Post by: justbitcoins on November 02, 2015, 08:25:55 PM
With 5 mbtc, you can start trading with altcoins. You will gain experience by doing that. Then with more bitcoin, you can trade bitcoin with fiat.