so many tutorials to learn trading on the internet, or even you can see the video on youtube. but, it is better to give directly. tried to trading will give you an excellent experience than you understand it from reading or watching. by playing, you can feel it directly.
Yes, the best way that you can learn trading is by looking on the internet for some guides and videos to get you started, also you can find many good advises on this forum on where to trade and the amount that you need to get you started, but the best way to learn is by experience you need to try in order to learn and develop your own strategy. yes the best option is to learn about bitcoin through internet. you can also learn about bitcoin from bitcointalk.org. i think you can also get good information about bitcoin from social media, a lot of literature are also posted on the introduction of bitcoin. |
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Holding bitcoins for a long time is probably a good idea especially if you bought in at a good price. With that said, you can always buy bitcoins and just keep it on a wallet that isn't connected to the internet at most times so that you will be sure that you'll be keeping your coins in a safe place and that no one will hack or compromise your money. I've been doing the same thing for 2 years now and so far it only nets me profits most of the time.
Holding them for a certain point of a time is a good move to make but if you will never sell your bitcoins then how you gonna enjoy the profits? Even I prefer to hold my coins but won't hesitate in selling them when price goes higher then my entry price and giving me an opportunity to make profits as I can re buy them when price falls in future and I think that is the best way to make profits from bitcoins as we are investing our money into it to get some profits so we should not miss an opportunity to sell them at a right time. Yes that is true. Holding bitcoin and no selling is a bad idea because it can't give you real profits because you just hold it and you don't get the real value of your bitcoin. Buying low price of bitcoin and selling it for a higher price like 150% of your investment portfolio is a good idea for me because that is how trading works; buy low sell high and that what we need to remember and not that "holding bitcoin for a long time". Holding bitcoin for a long time doesn't guarantees profits every time it may go in opposite direction as well if you don't sell them at a right time so buying and selling should be a continuous process in bitcoins and that will allow you to make regular profits and it will also grow the level of bitcoins in your wallet instead of keeping them idle in wallet without moving them to grow. but i think holding bitcoin for a long time is more profitable. specially in present time when the price is increasing, in fact there is good potential in the price of bitcoin. i am hopeful that in next few months the price of bitcoin will cross 2000 USD level. |
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That's definitely a hard question that I've seen quite a few times on here. That being said I think the simplest advice is buy low and sell high! Honestly I would highly recommend reading as much as possible. Really try to understand why the price moves. That being said, you also need to realize that so much of what happens is completely random and unexpected. Bitcoin really is the wild west and nothing is a sure thing. Beware of anyone that gives you advice saying they can for sure help you increase your BTC balance.
i think it is so easy you can grow your bitcoin by trading although there are so many other ways of increasing your bitcoin but still trading is the superb way of grown your bitcoin as there is little chance of losing your money so less risk is there. |
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I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.
Well in that case, not all people they like bitcoin vice versa with Paypal, Perhaps maybe to other's Paypal was like a nightmare to them vice versa with bitcoin too. Only the difference was in terms of the features of each one Bitcoin is prevailing though I'm not saying Paypal is not good. They are are both helpful but in terms of services bitcoin was still prevailing. This is just my opinion only  I also have a poor past with paypal and hence I hate them, I sold someone my domains and he paid through paypal and after 1 day he just charged back and I lost as paypal asked for bills which I did not had. I since then never used them again and nor will use ever i think it is different from person to persona and place to place as because paypal is not available everywhere so ins such area bitcoin is the best option as bitcoin is present everywhere and its transaction fee is also less than paypal. |
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Its really hard to know what coins that next to pump up. Its all about speculation on the altcoins to pump up. When the bitcoin price is high, altcoins dumped. As of this time, Im having a hard time also to know what coins next to trade in. Thus, in trading altcoin it takes a lot of patient in regards the next to pump.
yes that is right to say that now one know so perfectly about the next pump although we can predict about the next pump after receiving different new from the media and other sources. but still we cannot predict so perfectly about the rice of bitcoin. |
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I guess the primary reason why people quit - not just on trading, but in all other profession is that, it is not for them. No matter how hard they try, it just won't work for them. If it works for them, they might not happy and find things which makes them happy.
If they on time realize that trading isn't for them and quit as result, then they have done the right thing in order to prevent themselves from experiencing further losses. There are enough people too stubborn to admit that they suck at trading. Instead, they keep gambling their money at all kinds of coins in order to find something that suits them. In normal circumstances you would say that they learned an expensive lesson, but these people keep making the same mistakes resulting in loss after loss. That is correct. Trading is not for all, if you feel that trading is not for you and no matter how you will learn the skills and strategies and you are still not having winning trades, then better get out from there at once. But if you feel that you still like what you are doing even if you meet with challenges, then this is for you - winning trades will be in no time as you move forward. in fact trading need some skill that one cannot get or gain but they are God gifted. and therefore not everyone is perfect for trading, i think they can better fit in gobs or other skill. trading need a lot of experience and knowledge also. |
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i am selling my bitcoin when the price is reach $1170 and i am make nice profit  i still have another bitcoin in my wallet and i am waiting another high price so i can prepare to sell it. but i think to reach new high price, i should waiting several hours and its makes my heart is beaten more. i think it is already trading in 1170 USD, but i think you should try to hold your bitcoin for a little more time. because the bitcoin can still increase much more therefore i think you have better chance if you will increase your bitcoin a little more. |
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Today my friend told me that it is best to invest in trusted gambling sites like dice where we can earn some part of losing bets but we need to find casino which will not only take our money so I am interested in that it looks good investment for me.
You mean bankroll, but the average people are saying if that was having a high risk. but you can tell your friend if you already come to bitcoin and it's a good place for your investment. Yeah it is. Invest into Bankroll has a high risk because if high roller wins their bet, your investment is get decreased too, choose the best casino to invest and you can check their stats in this Forum. Risks are there in all investments not only in casino bankroll investments. If you think like that then you can't invest your to grow over the time. Instead, you find ways to reduce those risks. One way is by diversifying your funds into few good casino bankrolls instead of keeping all your money in any one good trusted site. If you manage your funds properly over the period you can make a decent profits from casino bankroll investments. yes that is right that risk is always there, either it is trading or investment or you are engage in gambling, you have to take the risk and without risk one cannot make money. your income also depend on your investment, if you have invested then there there will be more risk but your income will also be a good one. |
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When? NOW, Yes you read it right, Now, is the best time to start trading but before you create an online trading account you need to make sure that you have at least the minimum amount of bitcoin that is required in making deposits in trading site then if you do, you can now start trading but also, before you legit start trading make sure you study the basics first and do research before investing on a coin and it is better if you look for other traders feedback about that coin. Good luck! . to me i think when you realize that you have good a good experience in trading and now you can make a good profit from it and you understand that you have become so mature to manage any amount of money in trading then that is the right time to trade. |
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Yes i missed the right time to sell/buy bitcoin. When bitcoin goes lowest price & buy higher price. I lost my chance two time.
there is a lot of people miss the right time to buy or sell their bitcoin i also missed the right but if we should focus on the bitcoin price and give maximum time to bitcoin then i hope we will never miss the right time. Or you will be missing it again as soon as possible. the green candle of bitcoin until the march and let's see the drop of the price of bitcoin. red candle we are come.  i think i missed the day when the price is down in $117x because now the price is increase but slowly and i hope there is a little down so i can make a buy order although i can only buy in small amount. i am see green and red candle more in this two days but i am happy that the price is not going down too deep. to me i think everyone must have missed the right time to trade. because no one is perfect in this world and that is the reason that there are more possible that we have missed so many good opportunities to buy or sell on the right time. |
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Hello, today I am in the search to find places where I can sell my bitcoin for paypal money besides here on the bitcointalk forums. If anyone knows of anything or any website where I can sell my bitcoin for paypal than please let me know. I would like to use a site that doesn't ask for my bank or credit card infromation.
I live in the United States of America just to let the people know that have responded saying it depends on what country I live in.
I Suggest you to Use Localbitcoins.com for that Purpose Because there you can Find Many Reputable Users to Sell your Bitcoins even with many Payment Options and also it is Used by Me Personally to Buy and Sell Bitcoins and I never Felt any Inconveniences........ yes local bitcoin is a good way of buying or selling bitcoin, in previous days i was also using this method, but now i am using Urdubit which is more convenience and easy way of buying or selling bitcoin for me. |
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I want to generate a constant monthly gain. Is it possible to do this by bitcoin trading? So, can I just do this by dealing with BTC trading?
Are there any people among us who can make a living by trading in BTC?
First to gain income from trading you need knowledge, experince and luck. There's no way you can get a constant monthly gain, You can't predict the accurate price of the coin so the profit / loss won't be fixed. This month trade result will be different than last month or maybe next month. If you want a fixed income, get a full time job. Treat bitcoin trading as a sidejob. yes there is no doubt about that i that trading need a lot of experience and knowledge and then one can thinking about profit from trading, but still i don not think that there is any way through which we can get a fixed profit from trading. |
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Trading is unpredictable job for sure, but money management is not. Just my 2 cents.
but i think trading is predictable job but only for those people who ave good experience in trading, they know the good and bad time in trading and most of the time they really give a good prediction about bitcoin, which proof as correct. |
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Price is going higher and higher in recent times and we may see the same trend in coming months so I think buying them now and holding them for a long term is the best and safest way to make profits as we may see ATH in coming months.
yes currently it is really a good way of making money, specially right now when the price of bitcoin is continuously increasing and it is expected that the price will very soon reach to a very very high price. may be this time cross 1500 USD. so investment at this stage will be a good decision. |
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I prefer BTC/fiat because fiat currencies will hold some value. Some altcoins will drop in value and never recover. The exception would be some of the major altcoins, but I don't trust them as much as fiat. If you can find a good altcoin and get in on it early, that might work, but for me BTC/USD is the best trading pair.
in very start,i will use to convert bitcoin into USD and then into my fiat, but now i am using Urdubit, where i do not need to convert my bitcoin into USD but i can easily convert bitcoin into my fiat without converting it into USD. |
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Is it possible to earn 1000 or atleast 100 bitcoins with trading Altcoins.If I buy some bitcoin at cheaper rate today and it's price goes up in future?Which alt you think has potential to make me 1000 btc
Yes it is possible when you do gambling you can make 100 bitcoin profit if you visit some of gambling website and those addict on gambling when you there net profit or waggered it will over 100 bitcoin or higer , but in trading i don't know if you can make it with small amount to trade but if the coins increase into 1btc per coins maybe but its awkward. yes gambling is also an easy way of making more and more money may be much more that 1000 Bitcoin bit i think trading is a little safe method of earning bitcoin, while trading is more risky way of making bitcoin. |
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mostly a bigger 1 like BTC10 bitcoins or more? because when we are talking about a professional trade in btc we are talking about big money's big investment and big profits that you could get . Most likely that big amount of bitcoin i would suggest
being a professional trader means being good at trading and making less mistakes and more profit. it certainly doesn't mean investing 12000 dollars or large amounts in general although most of them do. if you are good, you are good with any amount, and you can even go in with 0.1 BTC and make that into 10 BTC in a short while. yes a person can only be professional if he has good experience in trading, so for a professional person there is no limit for amount to invest in trading, i think a professional person can easily manage the price of bitcoin in an easy way. |
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we can not predict the price movement bitcoin. bitcoin prices move very quickly and are influenced by various circumstances. would need a strong analysis in order to predict the future price of bitcoin.
yes that is right to say that it is difficult to predict the price of bitcoin but i think now as soon as the price of bitcoin is becoming more and more stable it is becoming easy to predict the rice of bitcoin because now we can see that there is no such a big panic selling when the price start decreasing. |
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why not share it here on how you predict the price precisely, because starting new thread with this new speculation is a bit not new.
It is easy to say that you can predict it but then how did you do that?
Can you elaborate more?
i think it is easy to say but in fact it is very difficult to predict the price of bitcoin. i think we can get some help from news and our surrounding area that what are people talking about bitcoin but i think still it is not such an easy job and very little time our prediction proves as correct. |
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In the future, paper money will disappear, it will be replaced by another currency. In other words, paper money will become worthless because many countries print more money to stimulate the economy, the value of paper money will decrease serious. And i think electronic money will be the main currency in the future because it safe, fast and ensure transparency
paper money will not be replaced with another currency. paper money only will rejuvenate become more sophisticated and more flexible. The new version will be even more likely to be digital Well i think the future of paper money is it will still be in our future. I agree that technology right niw is in a very fast pace but think about it, there are still a lot of countries that can't catch up with how fast technology is. Digital currency may become one of the top currencies that world will use in the future but i don't think paper moneybwould be obsolete in any way because a lot of people will still have a need for it's use yes the use of technology is increasing from time to time and now i can expect that bitcoin is the future of money and hope that very soon the majority of the people will be using bitcoin for buying and selling in their local shops. |
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