Even crypto trading is can gain so much money in some quick time, don't forget that crypto can also lose so much money. And note that not all people can trading. And I don't think trading can be main job (maybe there is anyone do that but still, they need a job to make money to be traded) And if a country only depends on trading, I can say that the economic would be destroyed and maybe the country would be bankrupt if crypto price down to the floor
|
|
|
It is actually difficult doing it but easier when you are just thinking about it. Sorry for my whack explanation but that is how I see it. First, you will pick two exchange. They have to be legitimate to avoid losing your funds. Next is picking the right coin to arbitrage. This is the hard part of all. There are so many out there. You will have to monitor the price of both exchange. Better if you will have like an alarm for every price change. and when you transfer the coin to other exchange, fees and time required to transfer are additional obstacles that also need to be counted to gain more profit. Having an alarm for price change is quite good idea so you can avoid lose or minimize them.
|
|
|
IMO First thing you need to learn is how to read candle chart, then learn how to use indicator like RSI, SAR, etc. And also learn how to read market trend, and more important, manage your emotion to avoid big losses. Don't forget to learn using stop loss to manage your money lose. Good luck on your way
|
|
|
So you mean exchanges like Coinbase and Binance? What other exchanges are there for this that you recommend?
How do you exactly calculate all the fees so you know exactly how much profit you turn?
I think there is no recommended site to arbitrage. Because every exchanges have different price on different coin. So you better have account on many exchange and find out what exchanges best. Personally, I still not doing arbitrage but I have some exchange account which give me knowledge about different price.
|
|
|
I still not use bitcoin in marketplace/online store. Why I don't use in marketplace? because I am only a small person who buy something with small payment. And I know that Bitcoin fee quite high for small payment. But if I as an online store owner, I would like to use it as one of the payment method. For big payment of course to avoid high fee
|
|
|
Trading, join a campaign or bounty and mining are the best one, gambling is not good to earn money because it's very risky to do and also you have a high chance to lose your money/coins too. If you have so much money, i think trading and mining are good to spend your money into it. You can get a nice profit by doing that two.
Based on my experience, trading and gambling is close enough because you can lose money too. I still prefer earn money by campaign, like sign campaign, bounty etc. I don't say that trading is gambling but better learn a lot of trading technique or you just spend your money to "gambling-on-trading"
|
|
|
Noobs shouldn't even try to daytrade anyways, they should just buy buying and holding. For someone to make money in trading someone has to lose. If your new you will get eaten up by the pros that have been doing this for years. The only people that win in the end are the exchanges with their trading fees.
so you mean that noobs are not allowed to try daytrade? so when they gonna be a pro? Pro also noob back then, but they try and learn so they can be pro. and you said have been doing for years? when a noob learn and try for years too, they can also be a pro
|
|
|
Trading is not easy. Some big player can also lose much money. There is no "anti-lose" way. If there is a way, then everyone who know trading are rich. Go learn how to read market and manage your emotion to minimize your lose. And learn from youtube is also a good idea. Good luck
|
|
|
2018 is a hard time for crypto. just hoping 2019 will be better or at least, it won't go down again
|
|
|
I also quit trading for a while, searching for a job and work for quite sometime. But I also believe that bitcoin and other crypto this year will rise so I save some money and willing to spend them on crypto to trade again. If you have big fund, quit trading I think such a waste because big money also had big chance to get profit. Good luck on your crypto trading bro!
|
|
|
Ane g tawu soal platform/simulatornya tapi ane nemu thread [TUTORIAL] Belajar Membuat Signature agan bisa pelajari itu atau agan udah baca thread itu? payjoee93 ini member tapi beliau bisa buat signature hero/legendary. Bisa agan pelajari lebih lanjut Mantap matur suwun gan, otw lirik link Berarti buat nya pake html dulu gitu gan?
|
|
|
Saya mau belajar signature design, tapi berhubung saya masih full member, jelas kalo design di bitcointalk pasti sulit untuk design buat senior+. Apa ada platform/simulator untuk simulasi design signature bitcointalk? Mohon infonya. Kalau ada yang mau berbagi info tentang design signature juga boleh
|
|
|
Head over to: and look for the trading guides sections on both sites. Though I can't promise you that articles listed on both these sites would make you a "professional trader", it would probably be enough information to keep you busy for a while. Bookmarked. Thanks. Sure, the important thing is you have to learn daily. I advise you some topics you need to research: - Learn several indicators like RSI, Stoch RSI, MACD, BB, Ichimoku, SAR, etc - Try to practice the indicators you have learned by trading (you could use Testnet for learning) - Looks back the history of bitcoin and altcoins, to see what happened with them related to indicators - Read technical analysis from professional guys for learning - Check news related to cryptocurrency to understand the market Hope you will succeed in the near future It's completely useful. I'd try to learn those and implement to my money. Thanks
|
|
|
I want to learn about being professional trader. I want to search and read some articles but I don't know whatelse. What I read so far is about how to read candlestick. And I learn how to read indicator but I just learn it by myself. So what articles to read? If you have some suggestion, please share here. I don't ask for the articles to read, I just ask for some clue what to learn
|
|
|
You can make 10% daily, depends on your luck though, mostly.
You can't hanging with luck. Learn the market, read news, analyze the chart, that will make you gain profit. But when you think you will earn xx% just by luck, you will lose everything you have.
|
|
|
Bitcoin is declining to 4000 as predicted by analyst last month. I think it is now showing it true price than the pump that took place last year latter part.
There's a lot of analyst and they have different prediction, $4,000 is already very cheap, I don't know if the total marketcap that time would be less that 100 billion dollars, and if we drop like that, I think we are heading to go down. The manipulation is really here for sure, once they are done with filling their bags, we will see again a good rise and I don't believe the entire year will full of dump. I agree with you. Everyone has their own analytic and prediction. And you know what will happened when the price is too low for this entire year. Bitcoin has been drop so far. I'm really sure, big pump is gonna happen soon
|
|
|
Btctalk name: luckycoinn Rank: full member Current post count: 143 BTC address: 1Eojb3bGtwL8fBKsBerfDLEkywJcvzsHTe Wear appropriate signature: yes Wear avatar: yes
|
|
|
Because we don't know the future of cryptocurrency. Would it be good like 2017 when bitcoin price rising so high with only 2 months, or it would be bad, you know what is the bad thing. It's not like when you investing on gold. You know the future because gold price annually rising. So when talking Investment, gold is the best. But when talking trading, my opinion is cryptocurrency is the best
|
|
|
You have entered this market without any definite plan, strategy, simple principle for selling and buying, so it is no wonder that you lose your money. The best thing is to try to reduce losses and sell at the first reasonable gain. Then do a good study of the market and how it moves up or down when you have the knowledge you can return."If you do not know, you can try any investment"
I think you are right. I entered this market without planning so what I do is just buy low and sell high. I still can't to be consistent. I still learn how to be consistent and not just think how to make profit.
|
|
|
|