At present, I am doing a research on the most profitable trading method and I am wondering: Is it better to do btc/fiat trading or btc/altcoin trading?
Which method yields the highest profit?
I will advise you to trade bitcoin and usd as you are sure of trend market daily. Most of the altcoin coin, hardly move and there volume minimal. Another reason is market tools analysis and information, most altcoin has very little information online and because of miners scammer traders don't trade them. |
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Margin trading is basically adheres to the guidelines of "Trend Is Friend" so we do not fight the current trend if you do not want to lose, just follow the market trend direction where he is going. And do not be greedy in taking profit.
Trend is our friend! How truth is this phrase?. But for me the phrase has become an old norms, because most time traders make even mush money trading against the trend. Margin trading is s very risky business and for you to protect your capital from be wiped out always has your stop loss in place. |
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I read recently online," that most successful traders, trade forex with their gut signal I.e place a trade based on their intuition. My question is ; can we successfully depends on our gut in forex trading? If the answer is yes, how can we developed our intuition for this purpose.
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To answer some of your question; as a trader you need to understand the fundamental laws of trading, that is:
1. Currency pair information: If you are trading bitcoin with other crypto currency? You need to know all information about the current state of those currency.
2.Right exchanger or trading site: Yobit is good for newbies and if you are a professional? Poloniex.
3. Good technical and fundamental analysis: Don't go into trade if you don't understand technical and fundamental analysis because there are what determined the market movement force and because of this I always place a trade after study market price action.
The answers to some of your question provided by other posters' are good but remember market has a mind of it Own and the best ways to trade is have a good money management policies in place.
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Thanks for this information and this is quiet an inspiring words specially to those people who wants to learn trading.I could really say that it would really require to learn trading for longer years and its not an easy thing because you will need to build up experience and strategies to be profitable.Its very true that some people are not interested into the word "trading" when they do have jobs.Just like on my situation i dont have a job but still i would really love to learn trading not just for last resort on making money but i do have really the dream of being a professional trader.
I don't think having Professional trading skills is a requirement that makes someone a professional trader You'll not be successful If you keep thinking you will never succeed. I believe even the most successful traders are not the most skillful . You can start now even without a trading experience & In the long run, I'm certain you'll pick up experiences as you go up the ladder  op thank you for this post. This is an added knowledge to my trading knowledge based. One thing I will like to add is "having a right mind set for success in trading" this play a very vital rule because we as human cannot grow more than our mind and because of this many has lost a future not only in trading but other aspect of life. |
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This is one of the best articles I have ever read on trading habit, money management and trading reality. I am an advocate of money management principle if you have been following my post in this forum. Newbies, thought, they can control the market through their trading strategy and entered trading based of signal send to them by those making their living through those signals. I have learned that forex market has its emotions, habits and mind different from individual trader, this means no one can control the market and become of this the trader saving grace is his or her stop loss policy.
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I'm doing some time BTC/Altcoin trading and it works okay, but could be better. Years ago it was much easier to get a fair market-overview, to estimate if a price is currently high or low and to find a coin which might rise in (near) future. But nowadays it's almost impossible. There are zillions of coins out there … Tools like https://coinmarketcap.com are great to get an overview. But it's not possible to check all day long in Altcoins-Section for possible good news or read dozens of blogs or … Now I would be really interested in your news strategy. How do you get your market overview? How do you spot coins which are worth investing for a higher price? How do you find your next investment? Do you trade long term (hold the asset weeks/months) or short term (day trading on signals)? And how successful are you with that strategy? Highly appreciated. // Alex Market action trading strategies, using trading candlestick formation analysis, are strategies that work in any market. One thing that you should know for example is"currency or assets trading following an exist pattern and because mostly trading software(bot) are programs to trade on those exist signals, most professional trader always, trade along those pattern and succeed." Candlestick pin bar signal is one of best signal that you can depend on as a trader. Thank |
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Hello Bitcoin lovers!
Where I can bet on BTC price? I don't mean "What will be BTC price by the end of 2016,2017 etc?" bets. I would like to bet on quick changes of BTC price (dollars).
Thank you!
Are you talking about Seconds Trades Binary options? Well you can check it here : http://secondstrade.com/ or if you are interested with the prediction you can check https://bitbet.us/. If this is not what you are looking for just ignore this reply  I think op is talking about secondstrade binary option, as there is no such site you can bits on bitcoin price. Thought there are site that you can trade binary option on margin trade. Op should do his research very well by using google for binary option site that accepts bitcoin. |
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For me, to be a good bitcoin investor we need to be a wise person. I had tried some invesment company, they paying or legitimate but in few or short days,weeks or months they will run away; they will not paying anymore.
Tried and tested tips:
1. Invest bitcoin if the company is 0-10 running days.
2. Make sure that the deposits, withdraws and member is increasing.
3. Search for more information about that company.
Investment in bitcoin mean many thing to different people. Some people invest in coin mining other invest in arbitrary trading, margin or spot trading and bitting. But based on your own understanding of investment thank for the info. As I have thought before most of hyip don't last more than one month as such one need to invest in it early before the scammer bring it down. |
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I have never tried to trade. And yes, you are right, I have a fear to loose all of my money. Maybe I should try with some little amount for the beginning? Bitcoin show good itself today, but it cost so much per 1 btc, which another crypto currency that costs not so expansive can I try? Can someone recommend me? Thanks.
you didn't need mush to start trading bitcoin, in fact I recommend you start with very little amount from beginning.Trading site like yobit minimum amount for trading is not up to $10. During your little fund trade try learn all the trading rule and market analysis, such as fundamental analysis, technical analysis and money management. I will also advice you to focus on developing your trading skills more than profit making. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Saving, money in the bank has never be the best for an investor but for those living on a pay cheques saving money in the banks may be the best option for them. Gold from inception is one of assets that doesn't depreciate in value so I think if you are looking for most safe investment, go for gold. |
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Many people said the gambling is just a game and another people said it is Investment. How do you think?  Gambling, should be defined base on personal perception and people has different views and reasons why they venture into a particular business. I know a man that all his wealth come from gambling and to him he seen gambling as investment. |
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I have less than 10 in localbitcoins and about 5 each on BTCC and their justpay wallet.
I don't trade actively, just buying around 1 coin every week or two since a few months ago.
Should I be considering some secured wallet?
The most safest place to store your coin is on your personal computer, that has password know by you and you alone. You can also store you bitcoin with blockchain.info and xapro, there the most safe online wallets. Most importantly safeguards your password both on your personal computer and online wallet and you are good to go. |
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I see there are a lot of first time traders trading Bitcoin via the hack exchanges of MtGox and Tradehill. It makes me wonder, why don't you guys just trade real forex? You can open micro accounts with as little as $25. You get security far better than these shady exchanges. You get real customer service with a real business that won't disappear and leave you only an email address to cry to. You get real trading platforms with reliable data, not some ghetto hack stuff. You get plenty of liquidity, which allows of smooth trading. And, best of all, you don't have to worry whether it's legal or not! Trading is hard enough as it is, why anyone would want all these additional factors working against them is beyond me.
So, to all the bitcoin traders out there... what are your reasons for trading these shady, unsafe bitcoin markets over regular FX?
my view on this is; forex and bitcoin are the same thing, we always look at bitcoin as something different from our country's currency, but it is not so. Come to your question bitcoin with other altcoin is easily predictable and if you do your study very well, you can easily identified exchanger or broker that has sounds business records online. However both simplefx and openforex has bitcoin among their trading assets. |
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Whaleclub has become pretty well-known over the past year in the bitcoin community. Allows you to trade FX and commodities with btc only and no verification. Their fees are less than simplefx and UI/speed is better generally. I think simplefx converts your btc or basically bets against you or something like that. Ive tried both and am on whaleclub right now, has worked fine and have not had issues with them. Fxopen and simplefx might be a good option for you except you conditions. I don't think there are forex site that doesn't demand verification for your bitcoin deposit or their own site verification before withdrawal. Remember margin or spots trading required alot of skills and expertise through experience. |
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I heard that FxOpen has closed ??
Fxopen has been exiting for more than fifteen years now. I have used Fxopen several times in trading, they have one of the very best trading tools for trading and a good customers care services agents in this field. Op thank you very much for compiled this for us trader that has good interest of doing transactions with bitcoin. |
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I also think op got unlucky with his bets and that is why he got frustrated to see the bet result, in fact losing streak is really bad when it happened than all people make this kind of statement, very hard to take responsibility of lose.
This remind me of my pharmacist friend that went into trading(forex and binary option), when he wiped out his entire capital, come up with a frustrated story that his broker is a scammer. I believe that most of us did not study risk and reward before venture into gambling, you either loss or win Mr. |
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The trends are our friend, this is always the saying of professional traders. Professional trader and experience trader first analysis daily charts and identified the direction of the 4 hour or 1 hour trend, then used 30 minute or 15 minute charts to identified signals of entry and exits. Newbies only trade based on emotions, fears and greed, most time the always have their risk capital wiped out.
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Username:Idrisu.
Position: Jr. Member
Post: 58
Bitcoin :1EBjp9q3JzYvE9ij2VoeJfADXp9WCABvpz
please update the treat manager |
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Bitcoin might break $765 before end of the year 2016, it mean Eth might have know any further option than continued going down. Remember what other has said here eth will continue going down until some negative fundamentally issued happen to bitcoin.
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