Bitcoin Forum

I'm sharing a joke happen to me when I traded first. I was not trained, then. In 2018 I was just known exchanging crypto, selling and buying. I made an invest of 2000$, and I bought Tron. I start day trading in bit-z exchange. Only for one or two Satoshi differences I did buy and sell orders successfully. Thus, every single time I made a profit or a loss. In a monthly calculation, I earned 2500$ and my capital goes to 4500$. That was a great joke in my memory. What about your first trade? Is there any memorable joke?

Wait man, :) if you sell your coin after 1-2 satoshi more then how you double + your money? Was you trading only low satoshi coins ex, 10-20 satoshi. Otherwise I can not calculate that only 1-2 satoshi profit could give profit double+ in a month.

Btw when I made first trade I was not trained even I did not know how it works. After that an admin of cryptopia help me to do trade. But the funny things is after I selling the coin I can not withdraw the fund because what I deposited was a very simple amount and in btc is was lower than the withdrawal fees. Lol

Same  question  and if we do talk about fees then that would really be an impossible thing for having that 1-2 satoshi buy and sell so im not really that believing that much.

Getting 100% of capital in less month does already shows that you are doing well into your trades.Imagine on getting another $2500 in a month with 1-2 sats trade? Unbelieve but well
as you said. :D

In my case, I first trade and no one mentors nor teaches me to do so, proper YouTube tuts and online articles is my buddy on that time.Joke is on when Im trying to compete
for some trading competition without even seeing that there are lots of whales entering which I do only laugh on myself on how small I am.

I remember my first time trading on poloniex, I didn't check the fees that's why I thought I am already earning from spot trading  :'( :'(. Then I use some trading algorithms now like  Mudrex.  (http://bit.ly/mudrexbt) to make my trading easier and to get some more good strategies on trading.

Maybe he meant to say if he bought one tron at .03 usd and it creased .035/trx then he may still have a profits. 1 sat to 2 sats difference is absurd as fees are quite high more than 1sat.

As for a joke trading, I dont have that kind of unserious trading. I always make sure I have my bullets (tools, confidence, knowledge) with me before I trade. I dont hastily trade as I am engaging with the money Ive earned hard.

I am not sure when my first trade, but I remember that is a long time ago, maybe it was 3-5 years ago.
My first trade is not good for me because I think I do not make a profit, but almost lose because I do not sell right away after the price increase.
I get saved by the big walls that block the buy and sell order, so I can sell my coin at once and get out from the market.
After that, the price is drop without I can imagine how it could happen.
But later on, I realize that it is a flash dump, but the price is not back to the high price and stay at that lower price.

None. My experience as a beginner is the same with almost everyone else. It was just testing the buy or sell buttons and learning the difference between spot and market trades with small amounts.

Trading 1-2 sats difference and earning $2,500 after a month was actually the great joke. He probably doesn't even know there are exchange fees that would offset any profit he makes on a very small margin.

Exactly 100000+ trx I've traded everytime. And I earned very few amounts in every single trade. But continued trading nonstop. Alredy I've cleared you that I traded in the Bit-z exchange since 2018, when the fees was small. This is a real event.

To clear your confusion, I already noticed the time 2018 and the exchange Bit-Z. That time the fees was less in the exchange than now. The amount of the trx I traded was more than 100000. And I continuously traded like I bought in a second and I sold again in seconds. The chart was funny like 1-2 satoshi difference continued for a long time. And sometimes I sold in more difference. But 1-2 satoshi difference trade I did more. At a time the exchange fees gets higher and I stopped such type of trading.This is  unbelievable to you, but a memorable event to me.

This is my first facepalm too.

My friend taught me to trade and I am not that focused when he's teaching me not hearing that there is a certain amount so I could withdraw but what I heard is that it is the maximum amount I can withdraw. So I thought that the small amount I traded, I can withdraw easily. The worst part is that I thought it is just lagging because he's behind me when I am doing it not seeing that I can't withdraw it because it is less than the amount that I can withdraw.

I'm even so proud when I've done that.

Hmm still confuse here, not with the fees concern but even a newbie won't do that even for let's say they are new to these. How come you execute right away your buy and sell. For that large profits, how long you did that 1-2 satoshi trade difference until to the point that you decided to stopped it?

Anyways, it seems work for you so congratulations on your profit in return.

When I was a newbie back in 2017, I just simply go to Youtube and learn the basics of trading. It was the time Bitcoin and other cryptocurrencies are going up like wild during the ICO hype. I was not a day trader, but only a long term holder and just knowing how to set buy and sell orders.

My first ever trade was on Cryptopia where I trade a token for a sweet amount of BTC. It’s just that I had two failed transfers that time due to Ethereum’s network congestion. God I missed those low gas fee days, I just hope that ETH 2.0 would finally launch soon to eliminate these ridiculous uncontrollable gas fees.

I wasn't trained at all, but I was training at the time, so it wasn't really fully unaware of everything, but it wasn't fully trained yet neither, it was still in process. I had someone who thought me about indicators and what they mean, and told me to check for certain things, I did checked for those things and did my first trades that way, which allowed me to be not completely blind to what is going on in the market as well.

My first trades weren't that bad, it wasn't really huge profitable ones, and some of them became bags while some of them became good profits. However my first ever trade was very very funny, I didn't know anything at first and that person showed me couple things, and I reverse the things I learned, so when something should go down I thought it would go up and bought it and told him and he said I got it reverse, that thing dropped right away :D. So, I knew what I was using but took it 180 degrees reverse instead.

I started trading in 2016, I was trained by "youtube", haha.. that's the reality, I learned myself and I find it effective as somehow I was able to make money from trading, but that was a long time ago, I am not actively trading now, just holding my coins as I'm quite busy with my real job that requires lots of time.

IMO, trading requires some focus, but holding does not, so I'm just trying to be effective in both of the things I'm doing.

I can still remember when I started trading I started trading around 2018, I was not trained when I started trading and I lose lot's of money because I don't really have any idea about cryptocurrency I know nothing about cryptocurrency and I also wanted to learn how to trade. The first day that I started I watched some videos on YouTube and I follow the procedure on how to buy and sell a coin, the first exchange which I learn how to trade is binance that was my first exchange and I really like the exchange because have learnt lot's of things from the exchange. The first day I started trading the first coin I bought was BNB after buying the coin it started dumping so I rushed and sell which I sold at lost and I was loosing little money, when the coin started pumping again I entered again and the coin started dumping again I have to sell it again and still sold at lost. After I notice have selling at lose I decided to go back and watch some videos on how to trade and I read some pdf and I started understanding how trading works. So when I started trading nobody trained me I trained myself.

Well if you count buying and then hodling and then profiting off of it after a few months trading, well that was my first trade. And I admit, I let it get into my head. I traded again like that for a few more times, oh boy did I not expect my emotions to get the best of me. I lost quite a lot in the few trades I did after, most of them exiting out when the market was doing a small dump, and I bought at the highest possible before that. Guess the joke here is that my entire trading was quite a big joke.

I remember it was like 4-5 years ago and alts were not that great. I earned my first crypto by providing various technical services and thought about trading for a long time as the price was volatile. I got into futures trading as I felt I can more there. I learned some tactics and made like 20-30% profit. Then comes a sudden correction and thank God I had put stop loss... ::)

It was nerve-wracking at that time. It's definitely not easy or even profitable if you don't understand all aspects of a trade.

If you will do a lot of crypto trading, it indeed requires a lot of your time. But if you find a good coin or let's just btc, sometimes, it is better to just hold and wait for the right moment if you don't have so much time in crypto. But if you have a lot of patience and time, you can do what the OP did. Earning few satoshis per trade is really tedious. At least he got his profit after all those hard work. I don't even remember where I did my first trade. Probably, it was cryptsy, because I remember collecting free coins only at that time.

You are lucky if you have made a profit from trading with that amount and the twist is that you're new to it. There are beginners in trading that can really lucky from the choice of coins that they have and made an absolute profit from trading it.
I don't remember my first trade but it's with bitcoin. Got a profit though but not as big as yours on a monthly basis. Then what's next is that it's just like playing with a win and lose.

you have good luck, without having the basic knowledge of trading you can trade and make a profit. The $ 2000 to $ 4500 capital is quite extraordinary.
But will you rely on such luck for the rest of your life without trying to learn about the science of trading. Luck won't keep coming. The $ 4500 profit will be lost in an instant if you suddenly lose.
I also used to trade without being trained by others, I practiced self-taught and started learning how to trade properly and correctly.
trading is not just a joke, but trading is how we can get consistent profits and can train our psychology well.

It was a long time ago since I tried for my first trading and almost 4 years from now. So I can't remember that moment clearly. Nothing strange was happened to me that time because I always heard about trading from my friend whenever we were together. Then it was like our conversation, nothing special. That was my history, nothing to say more about then.

But that doesn't look like a joke to me because you made out trade order that was profitable to you and you accumulated profit, that success story.

In my own anyway, it was more of confusion than understanding what I was doing. I had difficulties setting up trade and I messed up at some point before I learnt the hard way. ;D

using Bit-z is enough of a joke actually. but I've seen worse.
no one is trained for a first-timers, users who are from stock or forex markets still will have to learn when its their first time in crypto. but you must be very lucky being a first-timer that you have doubled your capital in a month.

me as first-timer just follow the advice of buy low and sell high. it's not the usual case because what i did was selling low and buying high

Lucky for you to have made such amount of money even as a newbie. For me it was the opposite and it was because I was not well informed.
I remember joining a telegram where they say they will indicate when they will be pumping  certain coins. They promised the potential of earning. Long story short, I lost money.

My first trading engagement is also memorable for me in a sense that I feel very nervous and tense all throughout the process although I equip myself with all the learnings I needed before doing engagement but still the nervousness is over flowing into my body thinking of too many what ifs in my mind but gladly my first attempt on doing trading did very well so I feel relieved by that moment until I got comfortable doing my next trades although there are lots of times I experience loss, I just treat those as part of the process and I must treat those as learnings I must keep in mind to survive and be better as I get along in my journey trading with cryptocurrencies.

Your first Crypto trading is really very interesting but my first crypto trading was very bad. Without any crypto knowledge,  without any experience i joined with crypto trading so unfortunately i loss my some assets on trading,  but now i have some good experience about crypto trading.           

I remember my first deals very well. But my very first transactions were not in crypto, but in Forex. These were daily trades during the first two weeks, when I increased my deposit 10 times. Then I lost everything. And in the cryptosphere, I started in 2014. It was a bear year then and it was generally unsuccessful. And in 2016 and 2017, almost everything that could grow grew.

If I compare before I didn't know much about trading strategy and I know a few strategies, the profit that I got was huge when I didn't know much about trading strategy. The first time I started trading was same with you 2018 ago, I took $500 as main capital and yeah I was a gambler and I choose future market because I thought it was a promosing place to get instant profit.

And it was right, I can make $700 in one month at that time. I just using my logic where to buy and where to sell. I can't hold for a long time at that time either in the lost situation or profit situation. I'll sell when I got a huge profit and I'll close my entry position when I got at least $5 lose. Until, I realized that I should learn about trading strategy and I bought a lot of book and many reference about trading strategy. But, do you know? When I know much about trading strategy, I was a little hesitant to start an entry and had a lot of consideration when looking at market conditions.