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Author Topic: Welcome to Indians  (Read 132029 times)
shariqkhan
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September 10, 2017, 04:26:04 PM
 #381

I see that last couple of message have only been about newbies like me introducing themselves. No other stuff happening here.
How about people who have a bit of knowledge share a couple of tips for others?


I will start to get the ball rolling. Please note that I am in no way affiliated with any of these sites. I am just sharing what I found useful.

1. You can easily buy bitcoins using Zebpay/Coinsecure/Unocoin. Unfortunately it looks like at the moment we have to rely only on Indian exchanges to buy bitcoins. No international exchanges for Indians for now.

2. Next step could be that you want to grow your bitcoins. For eg. you might have bought 0.5 btc. Now yoy may want o increase ito to 0.6 btc and further.
The only way to do so (without putting additional money) would be trading with different altcoins.
You buy an altcoin when it is low, and you sell it when it is high, thus gaining a little more btc in the process.

3. Once you decide to start trading in altcoins, you need too settle on an international exchange to carry on the trading.
Here is a comparison of different exchanges:
https://blog.infinitemlmsoftware.com/top-bitcoin-exchange-list-2017/

Please note that we cant buy bitcoins on international exchanges, but we can very well transfer our existing bitcoins (purchased from elsewhere like Coinsecure/Zebpay/Unocoin etc) to these exchanges and start trading.

The exchange you choose should depend on:
1. The altcoins do you want to trade in. Not all altcoins are supported by every exchange. Also trade-volume of each altcoin differs between exchanges
2. The transaction and trading fees of the exchange.

4. Charts
You need a place where you can see the increase (or decrease) of multiple coins at once.
One such free site is:
coinmarketcap.com/all/views/all/

You can also look at:
https://cryptocoincharts.info/main/topsFlops

One premium (paid) tool is CoinIgy. It gives you a lot of tools for in depth analysis of trends of different coins. They provide you with tools like candlesticks, waves, different studies like MACD, Bollinger charts etc.
MACD, Bollinger CHarts etc are different forms of studies done to technically analyze different aspects of growth of a coin. Professionals use these studies to very accurately predict when the price of a goin is going to increase or decrease.

There are numerous tutorials online teaching how to study these charts.

5. Portfolio Managers:
If you have a big investment, then you should NEVER put all your coins in a single exchange. Use different exchanges so if one of the exchanges gets hacked or shutdown, not all of your coins/money will be lost.
So for a big investment, you should be using the services of a number of exchanges.
But managing your invstment in different exchanges can become very tedious.
So you will need a portfolio manager which will help you look at all of your investments across different exchanges, from one place only.

Here are some of the most common portfolio managers:
https://www.cryptocompare.com/
https://cointracking.info/
http://coinfinance.com/
http://CoinTrackr.com


This is all for now.
If you find my post is irrelevant to the thread, let me know and I will not post further.
On the other hand if someone finds it useful, then again let me know and I will try to add more information I come across.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Dil dil
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September 11, 2017, 03:13:45 AM
 #382

Indian first tokan sall this is bitcoin
Dil dil
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September 11, 2017, 08:07:08 AM
 #383

Bitcoin suggest a good and very easy could make this service
Dil dil
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September 11, 2017, 03:01:05 PM
 #384

That's right stave for new it's is a bast options are bitcoin
Dil dil
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September 11, 2017, 11:02:07 PM
 #385

Bitcoin usage in a india is all indian
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September 12, 2017, 07:55:32 AM
 #386

Bitcoin suggest a good and very easy could make this service
I am too Indian, could you let me know what Bitcoin services make easy. I  am still learning about Bitcoin, Altcoin, Dogecoin etc.

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September 12, 2017, 02:42:13 PM
 #387

India in a penelitian is bitcoin
Bittoker
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September 15, 2017, 01:07:08 AM
 #388

First post. Wish I found this place a couple of years back. Better late than never.  Hope to learn a lot.
mr_stark
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September 23, 2017, 02:49:28 PM
 #389

Hi, Really happy to see that the forum has country wise discussion section. Specially for new comers like me. I wish to learn a lot from here. Smiley

dt5119625
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September 28, 2017, 02:55:28 PM
 #390

Day by day bitcoin graph is going down or up, I don't know whether investing in bitcoin safe or not

https://gofferkart.com/my-jio-app-old-version-apk.html
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October 01, 2017, 01:04:22 PM
 #391

You are also welcome. Unity in Diversity is the speciality there are so many languages, different food and dresses of various region. Keep them integrated with this platform.

Monro3000
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October 02, 2017, 06:58:36 AM
 #392

Good day to everyone! It's good that you can ask for advice on such a difficult topic as the crypto currency. India cheers! Cheesy

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October 03, 2017, 09:01:58 AM
 #393

Hi all. Good to see a flourishing community. Smiley

Nikhilk
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October 05, 2017, 02:17:16 PM
 #394

Less than 1% Indians are aware about cryptocurrency market right now
But there are some coins like rupee, India which are operated by non Indian people

Eth - 0xB2B5432137DB0aC1a0772DF28d9015aE258060Dd
anirgu
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October 05, 2017, 03:10:26 PM
 #395

Less than 1% Indians are aware about cryptocurrency market right now
But there are some coins like rupee, India which are operated by non Indian people

That's a scam as far as I know and another coin by name Laxmi coin has been started and that too is another scam.No clear information/site looks shady.

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aizzaku
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October 08, 2017, 01:18:44 PM
 #396

Less than 1% Indians are aware about cryptocurrency market right now
But there are some coins like rupee, India which are operated by non Indian people

That's a scam as far as I know and another coin by name Laxmi coin has been started and that too is another scam.No clear information/site looks shady.


And that my friends is open source. hahaha.. any monkey can clone/fork it.

unless there is a team of well experienced people from different fields and in association with the govt ( or atleast publicly supported ) i would say everything is just sham.


and about the 1% well i think more know about it but less actually use it. But then that would be the case if you consider the whole population out of which so many people are so far away from technology or lets say access to internet apart from social network.
Dil dil
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October 10, 2017, 08:14:44 AM
 #397

Get a no that indian see for heare
We are welcome to indian it's for bitcoin
nishu01
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October 12, 2017, 04:45:46 AM
 #398

koi hai bhailog yha  Grin
Dil dil
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October 12, 2017, 06:12:19 AM
 #399

That's right save for a new option in bitcoin are a bast share market
premcet
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October 17, 2017, 05:38:27 AM
 #400

Is buy/hold/sell and making money from bitcoin purely based on luck, or do we need to analyze charts like share/forex trading?
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