Bitcoin Forum

How old were you when you bought your first Bitcoin (or altcoins) and how long does it take you to find out a way to profit from crypto trading and raise your fund?

You can profit almost immediately. Buy an alt coin when it is at its lowest price and as soon as it goes up, you can sell it and make a profit. But it really depends on how much money you invest, the alt coin that you buy and how long you are willing to wait to make a decent profit. if a small alt coin goes from 1 cent to 2 cents, then you've doubled your money.

most of the people think that but what is the fact? Do you guys profit from the beginning?

I got to buy my first bitcoin and altcoins this year and found a way to profit from it the same year which is this year too. I don't think it takes a year for you to learn about trading just as long as you really are dedicated and eager to learn more about bitcoin and trading. I still am reading a lot about trading because I want to know how to read charts and everything there is to know about trading.

Forget trading, it's the best way to say goodbye to your money.

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Long time i bought a coin in july 1st week but after that itself all the price of altcoins fell i have seen people earning immediately from trading but maybe only for me this rule will never ever apply , hold you coins for few weeks or even months to actually get good profit . There is a chance of losing also so avoiding gambling should be a must

By the very first trade itself you can make profit, here you need patience to hold and sell at the price point where you can get a profit with the buying and selling price difference. Few people get lucky to find the coin in which they have invested to pump in a short term profiting high.

When I was starting, I just bought a few altcoins and try and hold on it for a few months. Around 2-3 months as far as I can remember. Then suddenly this coin has pump hard like 100% that I quickly started to dump my coins as well and really profit big. I was so happy back then that I decided to try my luck again. So I'd a couple of months for starters. One good example I would like to tell how quickly it is for some is that when bitcoin fell around ~$1800-$1900 like couple weeks back and if you have bought them, and the price went off the roof in like 24 hours around ~$2900, then its $1000 easy profits if you get 1BTC then. So that returns for 1 day is already big. And then you can roll your funds again to buy back bitcoin. So its just a matter of good timing to really profit good in crypto trading.

I bought my whole bitcoin for about 6 months wayback before and I decided not to hurry up things too fast on making money.Instead on directly make tradings i decide to keep first my whole bitcoin and then study the  fundamentals of trading and learning it gradually getting the concept and the proper executions of doing trading so that i wont make such wrong move which causes for me to lose money. After those learning days i eventually got the idea and did make some money out of trading up altcoin and in bitcoin itself.Its hard on the very first try but eventually when you do make trades you will gradually learn up until you get the ideas and make profitable trades later on which is really an advantage for a trader.

Your question is too vague, this process is not something that can be repeated while being consequently on top.
It was totally different for people who invested their money couple years ago when BTC was still dirt cheap.
Today, with price of BTC reaching $3000 there is no telling how high Bitcoin will grow. The same can be said about most altocins.
Buying alts and creating a wide portfolio of alts which might be worth something in the future is the key IMO if you seriously think about crypto trading.

It just takes at least 3 days before i starting getting some profits from crypto trading because i learned it so fast since i am doing it on an actual mode and i am always listing all the mistakes that i have done so i can avoid it on my next trade.

I know bitcoin when I was 20 years old. Maybe there are still many people who are still younger than me. But I feel lucky to have known bitcoin. I studied bitcoin for almost a week, because I learned from the beginning and got to know a bit of information from my friends. At the beginning may seem boring, but when I know it then I decided to be able to make bitcoin as a currency to conduct online transactions. over time, I began to recognize trading in the second month since the beginning. Since then I have learned so far, I can earn more than 1000 $ every month.

You are ranked hero so you must have earned a lot thru the years mate. I also read about bitcoin since the beginning but I just didn't mind it. I was way too busy with others stuffs in my life and prefers my free time playing computer games and some other things I love to do. Now I am more mature and is inclined to earn more in order to live I started trading in stock exchange, crypto and forex. I may stop the other 2 as I am more confident on crypto trading.

I was 42 when I get my first bitcoin almosy a year ago. I wasn't inside of trading, but then I started it. My first positions created huge loss, then the market rised and I saved my funds within 1 month.

Age must be a very insignificant factor here as we do see many teenaged people also adopting bitcoins. But, to make profits from crypto trading, you must be mature enough. I started my career with the crypto only after I was 22 years old.

I agree. Age is nothing in terms of getting a good return from crypto trading. As long you as know how the market goes and make predictions so can easily profit from them. I would say in an average I'm making around $200-$500 per month as I started to trade with small capital only. Plus the profit I made is being used for my personal purpose. But I'm happy from what I'm getting from it and keep the money rolling on my end.

My first bitcoin wasn't actually bought but i've earned it through signature campaigns and bounties. That was just past a year ago. I learned trading or becamse serious with learning to trade just this year and i can say i've earned quite handsomely when the market was active and when btc surged. It's good if you have someone who guides you and also try to do some self research as well with trading.

I was 15 if I remember correctly and this was back in early 2015 when Bitcoin prices were $300 ish per coin and I got my hands on 1.5 BTC. The main factors that determine your profits are your initial investment and knowledge about the market dynamics. Master the latter and you can make any amounts of profit by margin trading and/or holding and selling.

Its about only few months. one day my friend told me about bitcoin and crypto currency. then i learned from him about it, and he gave me this forum address. First i bought $10 worth of bitcoin form my friend for hype or rev share.  But i lost all of my bitcoin.Then again i bought some BTC $ from him and starting crypto trade. slowly i started earning some profit from it.

buy and hold is the easy way to make money. any retard can do it in this market

i think you can start profit from bitcoin immediately but i think you need to get some experience first and when you become so much experienced then you should invest a good amount of money in trading because through this way you decrease the risk of losing money in trading a ltcoin.

Crypto Trading is a "way to say goodbye to your money?" How come mate? Can you provide some hard basis for this? People have been trading cryptos and earned and got rich?

What strategy are you using by the way? Buy High, Sell Low?  ;D

it may be the easiest but it is risker.  when we hold our coins it is not a 100% that it could have  a profit, we cannot determined if the coin that we are holding will be profitable, in that case we need to be careful. it may takes weeks or months but i know it will worth it.

It's not how old or how long does it take to make profit from trading. Your question should be how much investment you need you need to invest before haveng a profit in trading. Because you can do trading at any age there's no age limit in trading bitcoin as long as you have a investment to trade you're able to trade coins. And answering on how long does it take to make profit i think the answer is it depends on the market if you bought a coin that the price is low and after an hour it's price rage up you can earn a lot of money from it so it depends on the market how long are you able to make profit from trading.

i cant provide a specific time on it, but one thing that i wanna tell you. when you are into a crypto trading you need to be patient in everything, you need to wait until such time is good to buy,until such time that the coins are being dump and it is time for you to start and buy it , and wait for it until it will increase or pump again. buy now and wait for it.

i think no one can be 100% sure about the profit that one can get from bitcoin. i think people invest money in bitcoin for making profit but make themselves ready to for any lost, because no one know about the price of  bitcoin that either it will increase or decrease.

I bought my first bitcoin at the age of 22, and I went straight into the altcoin trade with little knowledge.
Initially in a week I immediately get 2x profit from my first capital, but I made a mistake in buying altcoin and in a few days I immediately lost all the bitcoin. Now I dare not go into bitcoin trade without basic knowledge about altcoin. So in my opinion to be able to increase the bitcoin will take more time, unless you really understand and know a lot of information about altcoin trade.

For crypto trade the main rules is"Buy Low And Sell High" so its depends on you when you sell and take your profits.It can pump over the nights or can take more times.so you have to choose good coin which have good future . don't buy shit coin with no future. So make your own research before make a buy.

If you buy the right coin you can make profit in one day, but if you choose the wrong coin maybe need to wait a while and maybe you won't get your money back, so it depends on how good is your speculation, the first time I bought alt coin I lost money, from that moment I learn how to trade and analyze

Actually there are a lot of altcoins today that has still no value or very low but i think in a few months or a yearprices would increase and so today is a good day to buy or invest in some of this altcoins. There are some altcoins that are up there years ago but  price is still low until now so better be a smart investor.

There is the story of the teenager that turned millionaire for having accepted Bitcoin as payment when he was 12, so it is really not an age something, though when it comes to trading, maturity of mind is very essential because of the responsibility that goes with it.

I think after 2 or 3 months. At first I am losing  but I am very persistent to study crypto trading. My mistakes serves as my lesson in actual trading and it builds my confidence too. After that stance or learning period, I slowly earn in trading and I am grateful that I am steadfast in learning.

I am already in my late 20's when I started holding bitcoin and altcoins. It didn't take a year for me to learn trading. But my trading is very basic. Holding most of the time. It is very lucky for me and you and everyone of us that the majority of coins are very young. Holding a certain alt will only take several weeks or a couple of months for the price to grow really huge and earn profit.

The situation we are in now with crypto doesn't really favor rational decisions, at least not the same you use for the traditional markets.
For trading you'll either have to rely on luck, get the best of entries possible and even with those two, if you don't want to lose everything you own, the best would be to trade a coin with a futur because your stop losses can be huge sometimes. So hold (depending on the context of course) can be a better decision.

Its takes a month or a year if you want to be a millionaire of course a years like Bitcoins from 0.15$ cents in 2009 to 2500$ now 2017
its almost 8 Years to make profit . If you want some small profit maybe a month or  its just a little bit of minute you can make profit in Altcoins.

I just bought bitcoin on last year in december, at first, I'm just curious on bitcoin because I'm a new on it and also many people in my surroundings advising me not to trust that kind of business but I tried because there are proofs. Then I tried trading at first its hard but if you are continue trading you will knew it. I'm just reading on that time on how to be a successful person in trading. Then after a day I earned profit easily. I'm just buy it at low then sell it at high, it's up to you if you sell it on a very small profit.

That is very hard to say. It depends on many factors. if you got in recently then it will take some time to make profit as market is in bearish mode. I think after August we will have bulls in control.

Also do not day trade and expect to make big bucks every time. Hold for sometime, say 2 to 6 months to get decent returns.

I bought by bitcoin just this year and I am 27 years old now that time bitcoin was $900 and then after a month climb to $1,200 and then it dump a little while and then come back and went skyrocket until $3,000. It only took me 4 months to gain profit in cryptocurrency.

My first bitcoin was given to me as a gift by a friends and colleague in my office who is an expert in trading crypto currency. It was after he introduced me to bitcointalk on how to renther services to different companies online and get paid weekly with bitcoin before I started making more bitcoin per week for services l renther. 

Considering the volatility of cryptocurrencies, I can say 1 second  ::).
Really man, cryptocurrencies are non-comparable to any other form of investment. Consider Stratis for today, coin worth $4.8 yesterday and rose to $5.4 today. That's 12.5% profit in 10 hours. Now compare it with bank deposits, you may not get similar return in a year.
So its quite easy to make profits in crypto world, all you need is right direction. Initially, try hunting some bounties. When you believe you have enough experience and mobilizing fund, step into trading and introduce personal capital.

first bitcoin i was bought happened on 2014 but i didn't get any profit from my first experience even i got huge lost and after several times attempts finally i got my first profit and raising my funds even i could recover my previous losses but it does not happened instantly and the process is it took over than a month holding
 

my first experience is amazing. firstly i should only earn bitcoin from different means than in almost 2014 i convince my father to invest in bitcoin and that time we invest a small amount in bitcoin and now we have loving its profit which it has given to me.  
bitcoin has changed my life upto an extend. now i have some in my account and waiting for right time to sell.

You still lucky, some people know Bitcoin from 2013, even 2011 but in current they still faucet and not have a job stable with Bitcoin. Because they not take advantage opportunity buy Bitcoin with cheap price after the more change on market.

this goes to show getting some profit from crypto trading takes time as you need time to gain experience , no need to rush things.

Making profit from trading requires a good learning about the different digital tokens as well the market scenario of those particular tokens. When one is aware of these factors surely price moves can be predicted in a better way making right decision on buying and selling of bitcoin. So knowledge along with luck mostly profits even in the first trading.

Very interesting questions about cryptocurrency and a quick reminder for us to know on keep history on how things work around cryptocurrency. I came to know about bitcoin around 2012 and I think I was around 33 and I started profiting from it some few months ago. I did not take the cryptocurrency's ethereum word serious until late Las years when I started to get interest on investment.

Indeed, if the user has long been working in the crypto currency, then this role is a trivial one. Although I would have to earn more coins and even then I would have gone to the exchange to sell them. And after that I learned to trade and show even some of my techniques that give me the opportunity to earn good money.

Well, I have traded on a CFD platform when I first found out about Bitcoin and Ethereum CFDs... I started trading them with x2, x5 and x10 leverage and it was amazing. I have made around 400% profit... Then one the market turned upside down and all my profits were swept out (well, not all of them, I was lucky that I pulled out early)... This was a lesson and now I am only hodling cryptos... Good advice for everybody

Yes your correct trading on CFD how long or short you have been playing around doesn't matter because on one blink of an eye you can loose everything and you will regret on it. In crypto trading even if you loss your capital not all of it because it can gain again on some matter of months so no need to worry if it dips down and loose you alot. It takes forever to learn and guts for you to earn.

Maybe a year if you planning longterm. There no time to wait to gain profit there's long term and short term.  Like btc form 0.15$ in 2009 to 2800$ 2017 and making way to 3000$ in 2018. there no long or short for taxing to gain profit . And if you ant more profit go for long term . This is like you plant a tree and make it grow until they gives you profit.

I started joing campaigns signature and translations. However i also think of gambling and i lost some of my coins. There's alot of strategy in this crypto currency that is going high. Its only for you to figure out what is the best plan. You can try mining bitcoins or click ads. I think that the best way is applying to campaigns that will pay you more coins every work that youv'e done.

It took me 2 months to make a proper profit, Thought of going for long term but then who knows what may happen so shifted to short term altcoin trading. Bitcoin trading was not easy to learn and the price didnt fluctuated much in the beginning.

I have spent almost 2 BTC and 5 months to get used to trading well, I lost too much just to feel bump and dump that makes me trade better and better everytime I get lost or get profits.

Short term trading is more suited for other smaller or lesser known altcoins rather than btc. The price of btc almost is steady most of the time which makes it not that preferred for day trades.

I just got involved with Bitcoin just a year ago and it has been a wild, good ride ever since. I am not yet an expert in Bitcoin especially the trading side (am still learning how to tame Bitcoin to my advantage).

As to trading, the profit (as well as loss) can be immediate. Nothing to wait as most exchanges (like Bittrex, Poloniex, 1Broker, etc.) are newbie friendly and they are very responsive too.

Please learn many things about Bitcoin so you can easily see the possible trends and directions that can be helpful in cryptocurrency trading.

When Ive learned trading it took me 2-3 months to get profit in crypto trading. That time Im new that I got lose because of impulsive decision when selling and not timing to get profit. Though its not easy to learn because of the price fluctuation but somehow Ive learned day by day.

i suggest before you enter in trading you need learn first about trading investment you can watch at youtube about investment in cryptocurrency  as your guide and you can decide what altcoins you want to bought,

It depends on the currency of the coin. I suggest that before starting into trading you must have your'e own strategy. But this is also a good way to learn in your'e mistakes and never do it again. This bitcoin trading system is very risky and you should not invest all of your'e money in here. In my opinion its better to start having a mining rig before you start trading in. So you can have a backup if you lose some.

to me i think there is no such time frame for making money in bitcoin, some time it take hours while some time we have to wait for a long time. to  me i mostly earn money from bitcoin but i do not know about that how much time will it take, even soem time we wait for weeks when and get nothing, while other time we can get a good profit in a very short time.that we even do not expecte.

I "day trade" with wins every time using shapeshift by locking in buy and sell oders that result in coin increases..

I will post here when i post my site altcoin.pub

Cheers and good lux

usually i don't take too long to getting profit because when i see the coin is starting to up in 25%, i am selling few amount and then i will select another coin. but this time, when all coin is in red zone, i think i will hold it for a long time because some of my coins is not moving up and stay at the bottom. so its better to stop trading and watch the movement of every coins and if there are any movement to go up, i will sell again but not for all amount.

This is a big question for the most of the newbie to start trading and make earnings .
Well here I would like to tell you that it is not the sure that how much time this will take to start making earnings in this field .
But here it may take 2-3 months to start activity fully in this field .
In the starting I made profit in 2 days with the blry coin but after that my trading was totally stopped for 2 months , because usually I bought coins but the price was not increasing , but when after the 2 months I made buy about 10-20 coins then I found that slowly slowly daily one of them are increasing in price , after that I understand that it take times and if you don't have better luck then buy coins at low price and don't sell.untio the price get rise , this is the basic concept that I follow and started earnings after 3 months regularly .

There are actually altcoin for long term investment it will be still depends in your own strategy and what altcoin you want to invest because there are altcoin that has fast movement of the price pump and dump.. You should focus always when every time the price is going down make sure to buy it because sooner or few weeks or months the price can be increase and make profit. those are for long term investment..
For basic trading you can stay in bitcoin since the movement of the price of bitcoin is fast and you can either choose long term or short term investment..
If you are newbie you can learn trading first and i think 1 week is enough before you can gain a good profit not guaranteed it will be still depends in your own method and strategy and how you manage any margin you set. .

The best way to make profit with crypto coins is to choose a cheap coin buy now and cash out after 1 year or try to join airdrop.

Anyone can start investing in crypto trading immediately but getting profits from your trades is not easy as that.
Being a confident and successful trader in crypto assets must have a solid experience which depends on knowledge of its volatility.

I was the passive trader like I bought bitcoin and was holding for months after that I sold out and got decent profits. Any one can make profitable trading if they plan up accordingly. I started my trading career with the bitcoin, only because of bitcoin I was able to manage to do a profitable first trading.

Planning up must be the key to quicken the process of profitable trading. If you get into directly altcoin trading then only your luck will decide how quick you will get profits. But this and all only for a learning trader. If you have strong skills in technical analysis then you can make profits from your first day of trading too.

Thats pretty much a gamble and certainly not a good idea as the risk is greater because there is no assurance that it'll be successful in the future.

but yah if you happen to find the right coin, you'll certainly get huge profits. its just a matter of finding the right coin but its difficult to find one these days i mean coins with

great concepts are dumping too meanwhile there are coins with absolutely no special thing about it but pumping like crazy.

Indeed, it is better if you buy a cheap coin for now and wait till 1 year and make sure that it is in pump then sell. By that way you could earn a high amount of profit and there's a possibility for your money to be get double. However, the risk is there's a chance for that coin to be a shitcoin so that you must think wise and choose the coin that has potential.

Two months is not a longer period. Other investments even take longer periods to enjoy the profit. I don’t understand why you shifted to altcoins. They are not that good in context of producing profits. I will suggest you returning to bitcoins in order to enjoy grand profit after Segwit. All great things take time and same is the case with bitcoins. Believe in them.

I will not agree with you much. Holding coins is not risky much but yes it matters a lot which coin you are keeping in your wallet. If you are keeping some low potential, it is obviously not going to give you huge profit. But yeah, holding bitcoins for any span of time is going to make you enjoy grand profit.

Almost every crypto trader can profit immediately if they know what pump and dump of altcoins are. This is best strategy to trade the crypto coin. These pump dump are so fast that you could win alarming profits of 30x to 50x within few hours of time. But as I said one must know how to work with. There are bunch of groups doing it everyday, one needs to be joining it and learn to work with them.

You are right buying with low value and selling with high value is the correct way of trading. But why not using bitcoin rather than altcoins? altcoin has no future whereas bitcoin has the most shining future of all currencies. Altcoin  can give you loss but using bitcoin will never make you to face loss. Its value is increasing and will keep on increasing.

I believe earlier 2017 the first bitcoin I buy from my salary, only 0,05 just for alternative payment from on line store. Until now, I still try to make profit with bitcoin and unfortunately not going work. Patience is my problem but I'll face it because I believe there's profit from crypto trading. My target is only 10% from my bitcoin but hard work is needed and sometimes I lose. Time is also needed to develop my skill and that's the another risk. Keep patience with time and good luck.

In most cases people are interested in altcoins just because of the fact that their tiny markets can experience more short term increases than is the case with Bitcoin. It's all based on greed. I still see noobs point out that Bitcoin is severely lacking behind due to altcoins offering all sorts of flashy features, etc. They however don't realize, or on purposely don't want to realize, that the features altcoins offer are pure gimmicks - they barely enjoy real word usage. Altcoin features in most cases are tricks to keep people interested in something that basically serves no real purpose other than the speculative aspect.

That's simply not true. It doesn't matter what asset you use for trading purposes - in both cases they experience heavy fluctuations where the small fishes get eaten by ruthless whales. Most of the people are just blindly buying at X price, hoping to sell at Y price, but miserably fail to do so because they have sold their coins in panic at severe losses. These people aren't actually trading, but gambling.

Your statement is some kind of good informative but I would suggest you 2 methods in which you will have more powerful grip on your coins. First of all keep a lot of coins in your offline wallet which is quite amazing and 100% safe. Another step I would say that invest a lot of money into bitcoin if you are willing to get a lot of money in their future.

Well you do not even require to know pump and dump coins. Just if you hold your btc and other good altcoins for some time in this booming market you will automatically get profits. In Pump and Dump there is a huge risk involved and you may lose out a lot of money. Well trading on 2 different exchanges can also get you immediate profits.

I think it takes two months before I got earned bitcoin. And to start doing trade in the exchange platform you to invest a legit altcoin for you to earn a lot of it to raise fund on your bitcoin balance.

It does not take long if you will work hard and put a lot of effort in studying the art of crypto trading because trading is not that complicated topic if you are concentrated on what you are doing and you have an open mind to absorb all the lessons that you may observe in crypto trading.

It depends on the coin. If you invest into right coin you can earn instantly but if not it will took time for you to earn since you're going to wait for the coin to recover. And it will depends on you if you're going to earn a lot of profit what i am saying is that in order for you to earn a big profit you need to invest big money first.

Last month it is easy to get.for earningng jush

Last mlonth it is easy to get the warnings just fo the 1momh but noah

That's not as easy as you depicted above. It still takes lot of research and do understand one thing that coins can crash at any time in the crypto world. Nothing is stable for that much period at least in the altcoins. You could think of saving bitcoin for that much long and profit yourself by just holding it. Altcoin, very hard, and you have find the right spot to fill up your return of investments. Just check out the ether the best altcoin it is but now facing rigorous situation in here. It has got dumped very bad and most of the people made mistake before few months by buying it in stock. So, it's risky to trust any coin in first place.

It all depends on the expertise skills and affordability along with luck. There are users who profit big in the very first trading. This is just about the 75% of luck and 25% on the predictions. So invest with small amounts will help know more about trading and even if lost during the process this won't affect in the larger scale.

I don't think that the word luck is belong to trading because trading is not that based on luck, it is based on hypes, analysis and also knowledge. If you know how to ride the hypes then you can make profit in trading, if you know how to analyze the market based on the given informations then you can make profit and last but not the least, if you have enough knowledge to combine all the things up then you can have a limitless profit.

Takes a few years to get the hang of it all or just following more experienced people that could help you learn the ropes a bit faster perhaps :)

Indeed, you don't start getting profit the very day you start trading. Trading is a proper business nowadays where you need to make big investment in the beginning to enjoy enormous profit after a month or two. I appreciate your patience, hardworking and consistency that paid you off in the form of Bitcoins.