Bitcoin Forum

Economy => Trading Discussion => Topic started by: gribble on February 01, 2016, 03:47:03 AM



Title: how i can trade btc-fiat?
Post by: gribble on February 01, 2016, 03:47:03 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???


Title: Re: how i can trade btc-fiat?
Post by: densuj on February 01, 2016, 03:59:09 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???
You just need market and you trade on there, but if you want trading always profit without cut lost. That is immposible.  ;D


Title: Re: how i can trade btc-fiat?
Post by: The Pharmacist on February 01, 2016, 04:32:38 AM
I'm not exactly a shill for Yobit despite the fact that I'm in their sig campaign, but they're not a bad place to trade.  I don't have any fiat on there but you can see what's possible yourself.  There's other places you can buy btc (Circle, Coinbase) but on places like Poloniex and Yobit there are tons of altcoins as well.  Good luck to you sir.


Title: Re: how i can trade btc-fiat?
Post by: romero121 on February 01, 2016, 06:26:05 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???

You are making trade for profit only. just explore various websites who get involved in trade. Find someone trustful and make the trade. My suggestion is you can have a try with local bitcoins.com who gives you required information about traders, so that it would be helpful for making trade.


Title: Re: how i can trade btc-fiat?
Post by: Amph on February 01, 2016, 07:12:22 AM
buy on stagnation, wait for the pump, then wait for the dump immediately after that, dump your coins

repeat, this is an easy scheme that it should work, but some time the market goes crazy and it's unpredictable...


Title: Re: how i can trade btc-fiat?
Post by: pooya87 on February 01, 2016, 10:59:07 AM
I'm not exactly a shill for Yobit despite the fact that I'm in their sig campaign, but they're not a bad place to trade.  I don't have any fiat on there but you can see what's possible yourself.  There's other places you can buy btc (Circle, Coinbase) but on places like Poloniex and Yobit there are tons of altcoins as well.  Good luck to you sir.

trade volume on YOBIT is so small, and especially in btc-fiat market which OP is asking. in fact at the time of writing this the 24 hour volume of the pair btc-usd at yobit was 0.19BTC which is none existence in comparison to other big exchangers.

and as far as altcoin trading goes, i prefer bittrex for its simplicity and high trade volumes.


Title: Re: how i can trade btc-fiat?
Post by: SFR10 on February 01, 2016, 11:46:15 AM
Since your looking for a way to exchange earned profits from trades to fiat, you should at least give the country your residing at the moment so we could suggest a good local online exchange as well. Basically you have to buy when the value is below par and sell it when there is an on going increase in value although there's isn't a secret way to predict when these happen unless you own big amount BTCitcoins yourself that could affect the market directly.


Title: Re: how i can trade btc-fiat?
Post by: LiberOptions on February 03, 2016, 12:34:02 AM
Well you have a lot of options.
There's a lot of exchanges that have the BTC\USD Pair like Bitstamp for example.
You can also try Localbitcoins and buy in hand


Title: Re: how i can trade btc-fiat?
Post by: CryingMidget on February 03, 2016, 04:28:56 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???


if you have bitcoin with you means just check into trading sites like kraken or localbitcoins. there you can get good value for bitcoin. find the right trader before you sell that.


Title: Re: how i can trade btc-fiat?
Post by: arbitrage on February 03, 2016, 09:59:02 AM
Make accounts on BTC e.
Try first with small buy orders 0.05 btc when price declines , catch knives, big red on graphic.. Then sell it fast when bounce up for a 5 or more dollars..If you can accomplish this you can earn 5 dollars with one btc..


Title: Re: how i can trade btc-fiat?
Post by: neochiny on February 03, 2016, 10:14:40 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???

1st , investing in bitcoin alone,
 you can have profit from it. by just leaving it in your wallet.
2nd ,if it is not enough for you, you can choose a good altcoin,
since you want to earn from trading.
 but I suggest that you do some research first before investing in altcoin.
then after that. you can just buy it back to btc again.
3rd , in every country that is btc is legal,
i think theres a good site for trading, buying and selling.
 so you can also state your country,
 so that your countrymen or others that know about it can suggest you a good one.
Goodluck and happy trading. :P


Title: Re: how i can trade btc-fiat?
Post by: BitTyro on February 03, 2016, 11:58:45 AM
Hey i am newbie, It is second time i make post,
I still confuse how can i trade for profit. Give me suggest thank you  ???

Your question has an obvious answer. "Buy btc and sell it if the price goes up."
But if the price turn to the opposite, you may want to hold your btc and wait for the price to go up again. Never sell your coin lower than the price you purchase it. As a beginner, try starting with a meager amount just to have the feel of it and when you are already confident with your new discovered trading skill, thats the time that you can increase your trading volume.


Title: Re: how i can trade btc-fiat?
Post by: KenR on February 03, 2016, 01:49:19 PM
It's sad to see people only being selfish to earn bitcoins to cash them to fiat and continue living life off their fiats.If your only intention to use bitcoins for either trading and making profits,you should not be given any help from the community.And I do mean it.


Title: Re: how i can trade btc-fiat?
Post by: randy8777 on February 03, 2016, 02:11:44 PM
It's sad to see people only being selfish to earn bitcoins to cash them to fiat and continue living life off their fiats.If your only intention to use bitcoins for either trading and making profits,you should not be given any help from the community.And I do mean it.

there is nothing wrong with that, really. people are free to use bitcoin in the way they want. some people believe in bitcoin's future and save up coins they earn, and the other isn't interested in holding any coins and sell them directly as result. to be more precise, i think op is just interested in finding a method that allows him to do some successful trading. that's it. he didn't mention anything about cashing out to fiat.


Title: Re: how i can trade btc-fiat?
Post by: gribble on February 03, 2016, 02:56:34 PM
Thank you very much for all of members who has gave me suggesting. I will try  :D


Title: Re: how i can trade btc-fiat?
Post by: ~Bitcoin~ on February 03, 2016, 03:58:36 PM
You can also profit from trading or buying sellling bitcoin fro local currency. It will be more profitable than traditional trading.


Title: Re: how i can trade btc-fiat?
Post by: maokoto on February 03, 2016, 04:12:04 PM
I think the most suitable and easy way is to join an exchange that allows for BTC/USD pair, like coinbase exchange or the like. If you link it to your bank account, you can easily trade fiat to your account and back, sell bitcoin for fiat, etc.