Rep (OP)
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September 14, 2015, 01:44:26 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you
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coinableS
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September 14, 2015, 03:17:52 AM |
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I'm not sure that's the best reference for someone to get started. That article from early 2014 recommends Mt Gox and stated that the block reward for mining is 50 BTC.
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kampretkabur
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September 14, 2015, 06:01:45 AM |
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try from the basic, mining new coin, trade after that
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bittamak
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September 14, 2015, 06:28:52 AM |
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Try to read forum posts, blogs and understand how trading works. Basic rule is buy low, sell high but it doesn't end there. You can try with what you can afford to lose , but as you understand more about the coins, developments, longevity, market you know which coins to choose and trade. But its not everybody's game!! not all good miners are better traders and vice versa. If you really want to jump in test with some coins.
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Amph
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September 14, 2015, 06:34:55 AM |
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they are using bot all the time, they do not trade manually, they find a good strategu and implement it with an algorithm in their code
also i think that many traders have big money and are manipulators, with this they can assure that their portfolio will increase in value
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Patatas
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September 14, 2015, 06:40:15 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you I'm not a trader but basically (afaik) traders earn bitcoin by buying low and selling it high, as simple as that
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tche
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September 14, 2015, 07:13:58 AM |
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they sell at higher prices when they buy BTC, at least most of the times.
no other way around
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BlockEye
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September 14, 2015, 07:22:34 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you they earn bitcoins because they have the patience to wait for the right time to sell and not because they see they already have profit when they sell.
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Aggressor66
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September 14, 2015, 07:29:24 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you Buy low sell high at the right moment (not recommended for less experienced)Try not to buy into the peaks. They can fall fast. Sometimes patience pays off.
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1Referee
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September 14, 2015, 08:01:19 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you Buy low sell high at the right moment (not recommended for less experienced)Try not to buy into the peaks. They can fall fast. Sometimes patience pays off.How do beginners know what the peak is? Most of them don't dare to buy when the price is getting beaten to the ground while this is the best time to buy yourself a load of coins. Beginners get excited when they see a rising price and use that as a confirmation to buy. That's mostly when it is nearly/too late.
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Ceizer54
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September 14, 2015, 09:05:57 AM |
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There are i think 3 ways traders earn money 1.Buying Low and Selling High 2.Using Leverage which offers Nice Profit 3.By providing Loan to other traders
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okae
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northern exposure
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September 14, 2015, 11:35:34 AM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you so simply, rule nº1: buy low, Sell High rule nº2: follow rule nº1 as simply as that. you have a plenty of altcoins to choose to trade with it, do some research and try to be successful in your decision, that's all also there is lot of people using bots, those bots made the trade more faster and precise, ofc those bots cost money or if you are smart enough you can build your own one
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Mickeyb
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September 14, 2015, 01:41:45 PM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you May I warn you that this is very hard, to earn money from trading! I see that you are a beginner, so if someone told you go and trade Bitcoin and alts and you will make money then they have lied to you. If you are a professional Forex, stocks, etc.. trader, you know how to read charts and signals that market sends you then OK. You can make money while trading BTC. If you have no experience with trading whatsoever I strongly advise you that you don't trade. Read, learn about Bitcoin, research about markets and how all this is working instead. Good luck!
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Brad Pitt
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September 14, 2015, 02:22:34 PM |
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Buy low and sell high!
Simplest rules here. Put in some low buy orders and hope you get lucky, then try sell them for a high price during a panic buy. Profit?
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Lituation
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September 14, 2015, 02:27:59 PM |
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"Buy low and sell high" is number 1 rule of trading but there are other important things you need to know. *Learn technical analysis. Learn what is RSI, MACD, STOCH, William R etc. *Analyise history of Bitcoin price. *Make predictions and see if your prediction happens, don't trade with real money directly. *Educate yourself and check Bitcoin news regularly. Know what happen in the community.
Always Remember: Knowledge is Power.
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upsidedown75
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September 14, 2015, 02:42:33 PM |
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The most traders don't earn money because they are amateurs. Only user who invest longterm into good coins or users which are using tradebots are making really money.
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sukamasoto
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Black Panther
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September 14, 2015, 03:10:13 PM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you Trading just like gambling ( we can profit or loss also ) But the advantage of trading is there's no house edge against it. Just like we playing real stock, we buy on low and sell high. The value of altcoin usually depend on how the marketing influence to spread out the world
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ikydesu
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September 14, 2015, 04:36:12 PM |
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Hello , i'm beginner in this forum and want to ask about how can the traders earn bitcoins ? thank you The basic of trading is buy low, sell high. It's simple but you need to make an analysis with the price. If you just make a prediction without knowledge and analysis, you trading is just like a gambling. There are 2 type analysis in trading, technical analysis and fundamental analysis.
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