ganyan din po ginagawa ko ngaun. eka nga, "Patience is a virtue."

kaya nga nag-oobserve lang ako sa galaw ng price. May time na gusto ko na magbenta lalo na nung bumaba sa $350-360 pero ang ginawa ko ay naglog-out agad sa trading account ko para hindi ako magpanic selling.

Much as I wanted to buy, I can't coz I dont have fiat ATM. Also, I log-out from my trading account for me not to panic sell.

The mantra of any trader is always been “Buy low, sell high.” It’s fool-proof if you follow that religiously. But trading is a lot more complicated than that. You need to do some research before jumping in the band wagon.

Anyway, I’ve been receiving some PM’s asking for “my strategy” but I can’t provide it per se. What I can give is some kind of a trading guide for beginners (at least, as of this of writing but may add some pointers for advance trader soon). I just want to point out that I’m not an expert in this field. I took some units on economics before but other than that, I gained my knowledge doing some nob trading before. You may, or may not follow what I’m saying but if you will, do it at your own risk.

TRADING FOR BEGINNERS

Article 1. Trading Platforms.

The first thing a would-be trader to do is to make an account on exchange sites. You can try:

poloniex
yobit
cryptopia
btc-e

I may be bias to coming up with that list, but those sites are what I’m using atm. You may suggest other sites that you are using for others to try.

Section 1: Poloniex

If you are looking for a high volume of alt coin trading, then you may want to check this site. They have a nice platform design and host more than 150 crypto currencies.  You have to pay 0.2% fee for buy and sell orders. Other than that, you don’t to pay anything even for deposit and withdrawal.

I might also add that Poliniex is for desktop users as their site is not mobile friendly.

Section 2. Yobit

I’m a newbie when it comes trading on Yobit. I just made an account there with regards to my signature. Since then, I did some trading on that site. I would’ve rate it 6 out of 10 because their interface is fairly simple to use. Just keep away on their troll box as I have seen some got banned buy asking stupid questions. Aside from that, they have a dice game that you may try playing while watching the price chart and they have a feature that gives some shitcoins.

Section. Cryptopia

Cryptopia is another big player when it comes to high alt coin trading volume. They have a 24 hr Market Summary for alt coin trades which is a good tool in analysing the market for any coin you are planning to trade. They also integrate a lotto game which is great if you want to try your luck. You can buy ticket using your coins like btw, doge, ltc and dot. They also host a marketplace where in you can buy or sell any goods you can imagine.

Section 4. BTC-e

If you are looking for an exchange site that has high BTC liquidity, then this is the site you may want to go. Trading volume on this exchange site can go as high as 20,000 btc on any given day. They also have a nice interface but it’s kinda buggy sometimes. You may remedy it by refreshing you browser.

(You may choose one, even all of them or you may also try other exchange site that I have not mentioned. Again, this is a bias list as this are the only exchange sites that I use atm.)

So, you now have a trading account, what’s next?

Article 2: Introduction to Trading

Any serious trader always read the market before opening any positions. Whether to buy or sell, it always depends on the market movement. I have never met any serious trader that blindly making a call without proper market analysis. For a beginner this a great feat to learn so I will try the best I could to explain it in a simple way.

For analysing the market movement you may want check:

bitcoinwisdom
poloniex

Section 1: Bitcoinwisdom is mainly for analysing the market on btc trades. They list many exchange site that includes bitfinex, bitstamp, coinbase, houbi, kraken and btc-e.
For the purpose of explaination, I will use btc-e here.

If you click on the btc-e button on the right site of their site, you will be directed to btc-e’s chart. You can choose to view it with any time interval you may choose. For me, being a day trader, I like to set it at 1 hr interval to have a clear view of btc’s price movement. I’m also using candlestick chart to get the most information I want. (I will going to explain it later)

Section 2: For altcoin trading, the site that I may suggest to check it’s trading volume is poloniex. It works almost the same compared to bitcoinwisdom’s chart but this time, its for alt coins. I just don’t want the white background on their site because it puts too much strain in my eyes  watching the chart. It’s good that they added nightmode and if you click that, you will be watching the chart just like on bitcoinwisdom.

Article 3. Market Analysis
Any beginner will easily lost just by looking on the chart alone. When I was just beginning on trading, I don’t know how to read charts. I just look for an up or down movement as this is the basic for any trade.

Section 1. Candlestick Chart.

This chart generally tells all you need to know about the market. If you choose a 1 hour time interval, it gives you an hourly open and close price. It also gives the price movement of that time frame. You can see how high and how low the price went. They are coloured red and green. If red, (I’m pretty sure you have an idea) the price went down from the opening price of that time frame and if its green the price went up from the opening price. If you notice that the sticks are mostly green, it means we are in a bullish or up trend. But if its mostly red, then we are heading to a bearish or down trend. Lastly, you may also want to check the the trading volume of that time interval. You can find that on the bottom of your screen in bar chart.

Section 2. Volume
I have mentioned above that you may want to check the volume of any given time interval because it plays a huge role on the price trend and you can clearly see what is happening in the market. You may want to take notice whenever the price goes up but has low volume for it indicates that the price won’t hold and will fall back down sooner than you think. But if you see that it has a high volume to support the up ward trend, its a good sign that the trend is here to stay. Its also coloured red (trending down) and green (trending up).

Section 3. Order Book
In every exchange site, there is an order book. Most site has only Bids and Ask. The bids are positions that other traders put to buy coins at a price they want and the Ask are where you can put how much you are willing to sell you coins. You don’t really need to watch this but you may want to look for a Buy or Sell wall. This are positions with fairly large amount of coins and they are good indicator on where the price will go.


So, when you are starting to trade this are comprehensive guide that you may want to learn before starting. I have tried the best I could to explain. If anyone wants to add more, you can always post a comment and I will add it to the OP.

Lastly, if anyone want to clarify some things I have mentioned here, please, don’t quote the whole post. Just quote the part you want to clarify or better yet, just mention the Article and Sections (that’s the reason why I formatted that way).

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Gumawa ako ng poll dahil may mga trader po yata dito sa ating sub-forum para makatulong sa pagdedesisyon ng mga kagaya kong nag-uumpisa pa lang sa trading.



Everyday at 0800 hr ay irereset ko ang poll.

ako din, hindi ko ma-click ang mga pagpipilian. Hindi ako sure kung dahil sa ako ang gumawa ng poll or dahil sa newbie pa lang ako kaya ende makapag-cast ng vote 

Malakas pa din paniniwala ko na hindi bababa sa $300 ang presyo ng BTC . Sa aking palagay ang nangyayari ngaun na price crash ay dahil artificial inflation at market shock sa pag-alis ng isang core dev. Natural na magrereact ang market dahil sa isang core dev mismo ay nawalan na ng tiwala sa BTC .
Oo, magkakaruon ng price correction pero pagkatapos ng market shock ay tataas muli ang presyo.
Para sa akin, hindi pa naman ako nagpapanick dahil hindi pa naman ako lugi sa investment ko. Hanggat kaya ko pa ay hold lang muna ako. At wag din natin kalimotan na napakalapit na ng halving. Sigurado, magrereact na naman ang market dyan.

(Wag nyo pong panghawakan ang sinabi. Nasa inyo pa din po ang pagpapasya kung dapat na kayong mag cashout.)

Maganda rin pong basahin nyo to:

https://www.cryptocoinsnews.com/bitcoin-crash-500/

Sigurado yan. eka nga eh ganti tanti lang yan. Panahon ni abnoy ngaun, pero ilang buwan na lang at magbabago na ang buhay nya. Ang saya siguro pag nagkataon eh magreunion sila ni GMA sa ospital. wahahaha.

 Nuong panahon ni apo marcos eh maayos ang bansa natin. Totoo na lahat ay mura ang mga bilihin. hindi kagaya ngaun na ung sahod mo ng isang araw eh hindi pa kasya sa araw araw na gastusin. Kung totoo man na marami syang ninakaw na pera ng bayan eh marami pa din nawan sya nagawa. Kidney Center, Heart Center, Childrens Hospital, etc. ay naipatayo nung panahon nya.

Sa aking palagay, walang masyado epekto sa pagbaba ng btc ang isyo ng cryptsy. 13k btc lang yun at nasa 5.6% lang ng traded volume sa mga trading sites. Granted na nagbenta nga sila ng bultohan (na hindi naman nangyari kasi sabi nila ay nasa address pa na yun) hindi yun kayang pababain ang presyo ng btc sa halos $40 sa isang araw lang.
Yung kay Mike Hearn naman, last year pa may alitan ang mga core dev pero ngaun lang lumabas sa publiko. Kaya malamang, artificially inflated ang pagtaas ng btc last month para makapagbenta si Hearn at yung paksyon nya sa mataas na presyo. Opinyon ko lang ah.

Pero naniniwala pa din ako na pagkatapos ng rebalancing ng artificial inflation ay tataas ng muli ang presyo ng btc. At dahil dyan, hahawakan ko pa din kung anoman ang meron ako ngaun. Hindi ko po sinasabi na gayahin nyo ako. Ang sa akin lang kasi, hanggat hindi babagsak sa $260 ang presyo, wala pa din ako lugi.

Kelan kaya mag-mature ang mga botante ng dito sa Pinas? haist, nakakabwisit na din kasi dalawang beses na bumoto ako sa presidential election, wala pang nananalo sa mga ibinoto ko. ahahaha


totoo yan boss rickbig41. Dito lang sa amin sa Dagupan eh usong-uso pa din yan. ahaha.

hala, na-hack daw ang Cryptsy ah.

Ayon sa announcement nila

http://blog.cryptsy.com/

ang dami-dami nang nangyayaring ganito sa mga exchanges/trading sites.

sa survey ng SWS na inilabas kanina lang ay nangunguna si Chis with 28% at 25% naman kay Marcos

http://www.philstar.com/headlines/2016/01/15/1542852/binay-pulls-ahead-poe-latest-sws-presidential-survey

malamang walang tagabct forum sa mga sinurvey nila. hahaha 

magandang idea yan boss, salamat sa suggestion. Sinubukan ko gumawa ng poll eh mukhang ende nagana. sorry kasi diko pa masyado gamay dito  

May natitira pa naman yatang pag-asa na hindi madisqualify si Grace. Okay din sana sya pero dapat meron siyang paninindigan. Kasi sa tingin ko ngayon ay ung mga taong nasa likod nya ang nagpapaikot sa kanya. Idagdag mo pa ung "kesong" catandem nya na mukhang ewan. Di nga ba't ninang nya si GMA pero isa siya sa mga unang bumaligtad laban sa kanya.

sa nakalipas na 24 hours ay naglalaro sa  $427-435 ang presyo sa trading site na sinalihan ko.

sa lokal btc trading ba, pareho din ang price? diko kasi gaanu mabantayan sa coins.ph

Wala pa talaga akong presidente. Ang masisigurado ko lang ay hindi si Mar. Tingin ko kasi ay wala siyang magagawang pagbabago sa bansa natin.

Ngayong nalalapit ang halalan, dito natin pag-usapan ang mga bagay na may kinalaman dito.

Sa ngaun, wala pa ako napipisil kung sino ang iboboto ko sa pagkapangulo. Pero sa bise  presidente ay sure nang Marcos ako dahil ako'y taga Norte.

-------------------------------------
Since isang poll lang pwede, gawa na lang ako ng hiwalay na poll for vice-president at i-manual ko na lang.
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Sino ang iboboto nyo para sa pagka bise-presidente?

Marcos        92.16%      
Escudero     1.96%
Robredo      0%
Cayetano     5.88%
Trillanes      0%
Honasan      0%

(counted up to post #2,178)
51 Total Votes

regardless of who the mod will be, as long as he/she is Filipino and neutral, I suppose it doesn't matter, isn't it? and being a mod here is an honour and privilege.

at least ngayon hindi na halo-halo ang usapan dito. ang hirap kasi masundan ang mga topic kaya ngayon mas madali na para sa aming mga baguhan na makasunod sa mga usapan. tungkol sa chill board, kayo na bahala. wala ako maitutulong sa pagdedecide dyan. ahaha. mabuhay ang lahat.  

pero ang galing din nung nakasagot ano? pero duda ko isa din sa mga taga bitonic ang sumagot dun. nakalibre nga naman sila ng advertisement. hahhaha. ang dami nag-uusap tungkol sa kanila. pati sa reddit ang haba din thread ng mga puzzle nila. magaling talaga ang strategist nila. hindi na sila nalugi, pinag-uusapan pa sila. (sa tingin ko lang ah)

actually, mas mababa pa dyan. $260 ang price nung bumili ako. sobrang tuwa ko nga nung biglang tumaas eh. ang umaasa ako na tataas pa ang price pag nag halving na. hold ko muna hanggang dumoble ang price tapos ibenta ko na ung 1btc. ititira ko ung isa at un ang lalaruin ko sa trading. medyo baguhan pa lang ako sa trading kasi naengganyo lang ako ngaun kasi ang bilis ng ROI.

saan ka nagte-trade boss? medyo tina-try ko kasi magtrade sa Poloniex. last October dun ako nakabili ng 2 btc. then hold ko pa din until now. balak ko na magbenta last week pero try ko maghintay hanggang sa next halving.