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Author Topic: Trading Tips  (Read 2685 times)
alva5763
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August 11, 2015, 08:04:46 AM
 #21

If trading was easy as buy low sell high then everyone would be doing it. There are many aspects to trading and making a profit,or loss. Remember if someone makes a profit chances are someone makes a loss. Which category will you be in?
MinerHQ
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August 14, 2015, 02:32:10 PM
 #22

Hello,

I use bittrex.com and I trade on new altcoins with high volume.
Another tip:Buy cheap,sell expensive.
Be patient and you will succeed

I don't think trading is as simple as buy low and sell high. If that was the case then by now many people would have been rich but until now 90% people failed and hardly few people made money. So be careful when you trade online.
eternalgloom
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August 15, 2015, 11:48:52 AM
 #23

There are a number of good tutorials available on Youtube that will teach you how to get started with trading.
https://www.youtube.com/results?search_query=bitcoin+trading+tutorial

novadragon
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August 15, 2015, 02:01:15 PM
 #24

I am not a great trader, but those tips served me...

1) Create a spreadsheet to record your buying and selling, the price you bought /sell, the costs, how many coins were sold etc.

2) Start buying as low as you can. I usually try to trade intra-day so I check the minimum price for the day and try to buy at or slightly above it. Don't spend all your money, perhaps only half it.

3) Having this first buy as a reference in your spreadsheet, try to sell the coins obtained very slightly above, but with earnings. If the price does not go up, but instead goes down, buy again with the remaining money and expect to raise.

I know it is not a greaaaat strategy, but it gets you started and begin to learn along the way.

Great tips, thanks for the information you provide Cheesy
Insertion
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August 15, 2015, 03:23:30 PM
 #25

Bitcoin is currently trading as an unregulated free market so the trading patterns of Bitcoin are purely based on emotional. There are lots of charts out there tracking the highs and lows of bitcoin against each other and against local currencies like USD. Do not do any trading with borrowed money because you will surely end up at bigger loss. Before you start your trading, you also need to fix your maximum loss so when you reach that just sell off and wait for next right time.
Luqman
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August 17, 2015, 03:53:21 PM
 #26

Try poloniex, that is a good trading platform.. the community is very and you can take the advantages by reading the trollbox and takes som trading advice..
irfan01
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August 19, 2015, 12:41:27 PM
 #27

if the tips of me, quite trading with a focus on one currency, for example bitcoin or dollar
OBAViJEST
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August 19, 2015, 07:11:52 PM
 #28

if the tips of me, quite trading 

I'm not sure I follow... Your tip is quiet trading? As in no day trading? Thanks
zero01
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August 20, 2015, 05:05:00 AM
 #29

I am not a great trader, but those tips served me...

1) Create a spreadsheet to record your buying and selling, the price you bought /sell, the costs, how many coins were sold etc.

2) Start buying as low as you can. I usually try to trade intra-day so I check the minimum price for the day and try to buy at or slightly above it. Don't spend all your money, perhaps only half it.

3) Having this first buy as a reference in your spreadsheet, try to sell the coins obtained very slightly above, but with earnings. If the price does not go up, but instead goes down, buy again with the remaining money and expect to raise.

I know it is not a greaaaat strategy, but it gets you started and begin to learn along the way.
thanks sir
i will try the tips you give ,, nice strategy  Cheesy
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