can anyone know the very basic technique of bitcoin trading.?
i just really wanna know about, because up to now i dont know how to make it grow my btc in trading.
i'm always a copy cat to other's here.
Yes, I can, but you'll have to open the Google translator.
Here is a small guide on Russian language
http://znaypravdu.com/kak-zarabotat-na-birzhe-kriptovalyut-strategiya-bter/ A little basic rules:
- Changes in trading volumes can be an early signal of a change in trend. In the case of falling prices and reduced volume of trading can expect the beginning of growth and vice versa.
- Sale price is recommended to determine the purchase price by multiplying by 1.05. So a successful transaction you will receive 5% of revenue (net of the exchange commission of 0.2% of the transaction amount).
- Losses can soften sufficiently to examine the last two cases the timetable up here on it is almost the peak of growth is necessary to put an order to sell. So usually you get to play 2-3% drop rate.
- The more orders worth waiting in Bitcoin and intense bidding, the easier it is to trade on such market. And all because of a limited supply of foreign exchange to buy and sell hard to sell the currency (currency sale operation, which resulted in getting Bitcoin). And if your order will be, for example, more than 20% of the volume of orders placed, such a large order can simply deploy a course in the opposite direction, which is very undesirable
- Please note, if you want to buy the currency, and among the displayed orders have fairly large in size (we are talking about orders in the amount of from two Bitcoin), this may be an important policy reversal signal, as exposed at the same time warrant on large volumes of sales, and even and located almost one after the other, they say that the major vendors sell currency. And it will certainly play its course and the course should go down
- If, however, the situation is similar among the placed orders to buy are likely soon to be the growth rate. You also still interpret the data as necessary and take appropriate decisions.
- If the size of the «Buy» much more part of the «Sell», which means willing to buy the currency much more willing to sell, it must necessarily be indicative of a high probability of rate of growth. If the size of the «Sell» much more part of the «Buy», it shows the opposite trend. But this is only the signs, it is likely but not inevitable, so always stay tranquil.
don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.
