BTCevo
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Merit: 1008
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May 13, 2015, 11:21:11 AM |
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Probably the safest way to make money with trading bitcoins is through arbitrage. This means that you see an opportunity to buy an bitcoins in one place for a certain price and sell it immediately at another place for a higher price. It is important that you know you can sell the bitcoin immediately at a certain price. If you wait - then this is no longer arbitrage trading, but speculation.
Go and have a look at the price differences between exchanges and check out if you can find good opportunities.
The other way to earn Bitcoins from trading is simple speculation. In this case you would buy Bitcoins, wait until the price increases, then sell for a fiat currency.
When the price drops again, you buy more Bitcoins and start all over. If you are lucky or can predict price of btc you will earn some money from this.
Yeah that arbtirage is one of the most effective way to get bitcoin fast but we can't always use this kind of method because we can't always see arbitrage altough is so fast to earn, we must wait for some time to get until the arbitrage if not it would just be the same like usual trading. Just wait for low price and sell for high price |
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Troonetpt
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May 13, 2015, 01:22:26 PM |
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Buy at low price, and sell at high price is the only way to earn money.
And if the price going down, you should buy more.
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Dotakels
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May 13, 2015, 02:35:06 PM |
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most important thing is patience. if you have that then trading is very easy and it requires very low effort. buy low sell high.
Thats is the need of businessman PATIENT and also have a self confidence. Patient will help you to wait to a buyer and if that buyer offer you a small money you can ignore him and find another buyer. Self confidence will help you that you can buy or sell your products and it help you to face the people or to talk to people. |
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Jeremycoin
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𝓗𝓞𝓓𝓛
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May 13, 2015, 03:48:25 PM |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
I guess there is only one strategy in the cryptocoin world that works in the long haul (apart from arbitrage, of course), that is, to follow big fish and not get caught in the way (unless you are the big fish indeed)... I ever did this (follow the big fish), but what if after I following him and then he suddenly disappear? What should I do next? |
faucet used to be profitable |
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deisik
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English ⬄ Russian Translation Services
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May 13, 2015, 07:19:34 PM |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
I guess there is only one strategy in the cryptocoin world that works in the long haul (apart from arbitrage, of course), that is, to follow big fish and not get caught in the way (unless you are the big fish indeed)... I ever did this (follow the big fish), but what if after I following him and then he suddenly disappear? What should I do next? Sell your stash of coins as soon as possible. You may of course ask me how you can catch this very moment (when pumping turns into dumping), but I pretty much don't know. Personally, I prefer day trading. By the way, yesterday was a good day for Dogecoin (remember, follow the big fish), and I guess many profited handsomely... |
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BTCevo
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May 14, 2015, 12:31:28 PM |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
I guess there is only one strategy in the cryptocoin world that works in the long haul (apart from arbitrage, of course), that is, to follow big fish and not get caught in the way (unless you are the big fish indeed)... I ever did this (follow the big fish), but what if after I following him and then he suddenly disappear? What should I do next? Sell your stash of coins as soon as possible. You may of course ask me how you can catch this very moment (when pumping turns into dumping), but I pretty much don't know. Personally, I prefer day trading. By the way, yesterday was a good day for Dogecoin (remember, follow the big fish), and I guess many profited handsomely... How come you ask them to sell their stash of coins but you didnt give any spesific reason? You need give them at least a reason why you should pump and dump it as soon as possible. This will help them and give them some good information when trading |
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deisik
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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May 14, 2015, 02:01:03 PM |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
I guess there is only one strategy in the cryptocoin world that works in the long haul (apart from arbitrage, of course), that is, to follow big fish and not get caught in the way (unless you are the big fish indeed)... I ever did this (follow the big fish), but what if after I following him and then he suddenly disappear? What should I do next? Sell your stash of coins as soon as possible. You may of course ask me how you can catch this very moment (when pumping turns into dumping), but I pretty much don't know. Personally, I prefer day trading. By the way, yesterday was a good day for Dogecoin (remember, follow the big fish), and I guess many profited handsomely... How come you ask them to sell their stash of coins but you didnt give any spesific reason? You need give them at least a reason why you should pump and dump it as soon as possible. This will help them and give them some good information when trading Specific reason for dumping one's stockpile of coins was given in the post I replied to. You may want to read it |
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Dotakels
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May 14, 2015, 02:48:38 PM |
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I'm starting trading with bitcoins a couple of month already i buy low and sell high but really i wanna know if there are any strategies or equations to follow to know which time is perfect to buy or sell or which is not and so on ......
I guess there is only one strategy in the cryptocoin world that works in the long haul (apart from arbitrage, of course), that is, to follow big fish and not get caught in the way (unless you are the big fish indeed)... I ever did this (follow the big fish), but what if after I following him and then he suddenly disappear? What should I do next? Sell your stash of coins as soon as possible. You may of course ask me how you can catch this very moment (when pumping turns into dumping), but I pretty much don't know. Personally, I prefer day trading. By the way, yesterday was a good day for Dogecoin (remember, follow the big fish), and I guess many profited handsomely... How come you ask them to sell their stash of coins but you didnt give any spesific reason? You need give them at least a reason why you should pump and dump it as soon as possible. This will help them and give them some good information when trading Specific reason for dumping one's stockpile of coins was given in the post I replied to. You may want to read it And the other reason is to earn a big profit by doing pumped and dumped. As usual we do it to earn. or you do it because you want to earn . |
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salek11
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May 15, 2015, 07:34:35 PM |
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Most traders will either buy and sell bitcoin on a daily basis, or hold bitcoins on the grounds that its price will increase in the long term.
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Erdogan
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May 15, 2015, 07:55:26 PM |
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Buy low and sell high, but the problem is that it is easy to see the good entry and exit points that have been, it is difficult to see the ones that will come in the future.
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Dotakels
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May 16, 2015, 03:35:02 AM |
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Most traders will either buy and sell bitcoin on a daily basis, or hold bitcoins on the grounds that its price will increase in the long term.
Yeah the main strategy buy and sell bitcoin. Many people use this method so that they can earn a profit and also they would have a friends that they trust him. |
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Gyfts
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May 16, 2015, 05:42:12 AM |
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Sell in isolated markets where Bitcoin is highly valuable and not readily available. You can find them online, but places like Local Bitcoins and such will only offer competitive rates. Find a market where there is less competition and increase profit margins.
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NorrisK
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May 16, 2015, 09:13:30 AM |
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Make a service for people in your neighbourhood that want bitcoin, but dont know how to buy them. You can easily get 10% on each transaction that way. Especially if you buy on an eschange with low value and show them the value where btc is higher.
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grandFX
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May 17, 2015, 04:39:49 PM |
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trading strategy just need patience, if you see bitcoin down, please dont panic sell.
or you use martiangle strategy.
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Miracal
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May 18, 2015, 07:37:21 AM |
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Sell in isolated markets where Bitcoin is highly valuable and not readily available. You can find them online, but places like Local Bitcoins and such will only offer competitive rates. Find a market where there is less competition and increase profit margins.
the problem is there is no ppl there who are interested at bitcoin! So it will be difficulty to find a buyer for the high price. |
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Amph
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May 18, 2015, 11:55:10 AM
Last edit: May 19, 2015, 12:52:08 PM by Amph |
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Sell in isolated markets where Bitcoin is highly valuable and not readily available. You can find them online, but places like Local Bitcoins and such will only offer competitive rates. Find a market where there is less competition and increase profit margins.
the problem is there is no ppl there who are interested at bitcoin! So it will be difficulty to find a buyer for the high price. you can try to sell your btc here on the market with a +6% then buy from someone else at 5%, 1% pure profit, this is still trading, it is also done off market so will not influence the over all price so much it's the best trading you can do, there are only some risk due to scammers that are always around |
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BTCevo
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May 18, 2015, 02:20:19 PM |
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trading strategy just need patience, if you see bitcoin down, please dont panic sell.
or you use martiangle strategy.
Yes I agree on that, everything you do will always need a patience but how do you trading with martingale method? Is that even work for trading? Because what I know is martingale is only for gambling and you really need a lot of cash to do it but trading some people dont have a good bitcoin to do martingale |
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Erdogan
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May 18, 2015, 03:11:31 PM |
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trading strategy just need patience, if you see bitcoin down, please dont panic sell.
or you use martiangle strategy.
Yes I agree on that, everything you do will always need a patience but how do you trading with martingale method? Is that even work for trading? Because what I know is martingale is only for gambling and you really need a lot of cash to do it but trading some people dont have a good bitcoin to do martingale For every dollar you lose in bitcoin, buy bitcoin for two dollars! |
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BTCevo
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May 18, 2015, 03:16:14 PM |
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trading strategy just need patience, if you see bitcoin down, please dont panic sell.
or you use martiangle strategy.
Yes I agree on that, everything you do will always need a patience but how do you trading with martingale method? Is that even work for trading? Because what I know is martingale is only for gambling and you really need a lot of cash to do it but trading some people dont have a good bitcoin to do martingale For every dollar you lose in bitcoin, buy bitcoin for two dollars! I dont think this can be a good way to earn back what you loss. It will be just like a spending your money to buy again and again, you can cover the loss from trading because the profit that you get can't cover it. It is not like a gambling that can double your money when you win so your loss will be covered |
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Erdogan
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Activity: 1512
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May 18, 2015, 03:20:02 PM |
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trading strategy just need patience, if you see bitcoin down, please dont panic sell.
or you use martiangle strategy.
Yes I agree on that, everything you do will always need a patience but how do you trading with martingale method? Is that even work for trading? Because what I know is martingale is only for gambling and you really need a lot of cash to do it but trading some people dont have a good bitcoin to do martingale For every dollar you lose in bitcoin, buy bitcoin for two dollars! I dont think this can be a good way to earn back what you loss. It will be just like a spending your money to buy again and again, you can cover the loss from trading because the profit that you get can't cover it. It is not like a gambling that can double your money when you win so your loss will be covered Do you mean that it works in gambling? |
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