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Author Topic: I want to start trading  (Read 19202 times)
richardsNY
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March 20, 2016, 11:17:48 PM
 #61

The altcoin market is extremely crowded right now. It's so risky that most will call it gambling. I only invest in bitcoin, uraniumcoin and ethereum

The altcoin market is crowded because it only costs $25-$50 to get a certain coin created. They are calling themselves developers while they don't know anything about coding. Only a very few altcoins have real developers on board. The other 99% is nothing more than a joke.
newcoins1978
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March 21, 2016, 09:35:12 AM
 #62

The altcoin market is extremely crowded right now. It's so risky that most will call it gambling. I only invest in bitcoin, uraniumcoin and ethereum

The altcoin market is crowded because it only costs $25-$50 to get a certain coin created. They are calling themselves developers while they don't know anything about coding. Only a very few altcoins have real developers on board. The other 99% is nothing more than a joke.
Its good to start trading, especially now, because you can make a lot of profit with it and that will be very good.
Because Bitcoin will be more used later in the future and you can also see that the halving is coming and the price is rising slowly.
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March 23, 2016, 03:15:13 AM
 #63

The altcoin market is extremely crowded right now. It's so risky that most will call it gambling. I only invest in bitcoin, uraniumcoin and ethereum

The altcoin market is crowded because it only costs $25-$50 to get a certain coin created. They are calling themselves developers while they don't know anything about coding. Only a very few altcoins have real developers on board. The other 99% is nothing more than a joke.
Its good to start trading, especially now, because you can make a lot of profit with it and that will be very good.
Because Bitcoin will be more used later in the future and you can also see that the halving is coming and the price is rising slowly.

risk when the coin prices drop considerably. usually will lose, or you be patient much longer to wait for prices to rise again.
I have always experienced anything like it. so right, should to take risks when the price falls and cut lose..
Altynbekova
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March 23, 2016, 08:28:24 AM
 #64

Trading will be not everyone good. Because it will be wasted money if Bitcoin will go down in value or not that many used. But that will not happen.
You can see now that the Bitcoin also now more popular and more used. And that is quite good for trading.
arseaboy
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March 23, 2016, 09:43:52 AM
 #65

OT OP if you really wanted to do trading much better to go with arbitage type trading it is more safe because of the advantage of having enough money to trade the return is small but much better than losing the capital, if I'm not mistaken you can checked it from cryptopia they have that offer and you'll able to see which is offering good price so you can decide which alt you can trade.

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romero121
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March 23, 2016, 10:40:30 AM
 #66

Trading requires some time to get into it. Bitcoin trading has to be done in a small scale initially but at the beginning you won't get the profit you expect. Only when years pass bitcoin trading will be more profitable.

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March 23, 2016, 01:09:36 PM
 #67

First need to earn physical cash as well bitcoins, then make yourself into trading which makes you a good trader than other competitors.
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March 23, 2016, 02:37:06 PM
 #68

The altcoin market is extremely crowded right now. It's so risky that most will call it gambling. I only invest in bitcoin, uraniumcoin and ethereum

The altcoin market is crowded because it only costs $25-$50 to get a certain coin created. They are calling themselves developers while they don't know anything about coding. Only a very few altcoins have real developers on board. The other 99% is nothing more than a joke.
Its good to start trading, especially now, because you can make a lot of profit with it and that will be very good.
Because Bitcoin will be more used later in the future and you can also see that the halving is coming and the price is rising slowly.

risk when the coin prices drop considerably. usually will lose, or you be patient much longer to wait for prices to rise again.
I have always experienced anything like it. so right, should to take risks when the price falls and cut lose..
Its good to start trading. Because you can make later in the future more money with it and that is quite good.
Because you can see that Bitcoin is more used and that is quite good and you can also see that the value will rise later in the future.
Red-Apple
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March 23, 2016, 02:57:51 PM
 #69

First need to earn physical cash as well bitcoins, then make yourself into trading which makes you a good trader than other competitors.

why do you need to earn cash before starting to trade?
you just need a very small amount of bitcoin to start trading, and bitcoin or altcoin trading is so good for newbies because unlike stock market you can start up with a small amount of investment like 50K satoshi and learn the tricks.

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March 23, 2016, 03:02:37 PM
 #70

Trading for sure start with bittrex or poloniex , do not invest in any shitcoin pumped there have patience and do not be greedy
try RAD , XMR ,ETH, LTC or any good coin buy when it is red sell when it is green
good luck

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TommyBitcoin
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March 23, 2016, 06:33:10 PM
 #71

If you want to start trading, start with local bitcoins (localbitcoins.com) and hopefully you can find someone in your area that you can sell bitcoins to.  Do small amounts first.  Also, learn about the buyer's side by buying small amounts first.

If there is nobody local, then find a reputable online buyer/seller and buy/sell via cash-deposit to a bank.  It is the least risky.

Once you get a handle on local trades, I would then consider joining an exchange.  There are so many to choose from, and it depends if you are from the U.S. or from Europe.  I know people who have had luck with Gemini, Circle, and itbit.  For Europe: bitstamp and btc-e seem to be the best.

But take it slowly.  It can be rough out there and there are scammers around every corner.

Good luck!

*********BUY OR SELL YOUR BITCOIN TO A TRUSTED TRADER********
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March 24, 2016, 07:36:00 AM
 #72

If you want to start trading, start with local bitcoins (localbitcoins.com) and hopefully you can find someone in your area that you can sell bitcoins to.  Do small amounts first.  Also, learn about the buyer's side by buying small amounts first.

If there is nobody local, then find a reputable online buyer/seller and buy/sell via cash-deposit to a bank.  It is the least risky.

Once you get a handle on local trades, I would then consider joining an exchange.  There are so many to choose from, and it depends if you are from the U.S. or from Europe.  I know people who have had luck with Gemini, Circle, and itbit.  For Europe: bitstamp and btc-e seem to be the best.

But take it slowly.  It can be rough out there and there are scammers around every corner.

Good luck!

but i think trading on localbitcoins is harder for someone who wants to start trading because first of all you will need reputation to be able to trade more and also the worst part is the scams that can happen while using their services.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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March 24, 2016, 12:25:44 PM
 #73

Invest in one-cent altcoins with an extremely low/high (nothing in between) trade volume, and as soon as the coin becomes 2-3 cents, sell.

Or invest in Ether or Uraniumcoin.
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March 25, 2016, 03:02:20 AM
 #74

If you want to start trading, start with local bitcoins (localbitcoins.com) and hopefully you can find someone in your area that you can sell bitcoins to.  Do small amounts first.  Also, learn about the buyer's side by buying small amounts first.

If there is nobody local, then find a reputable online buyer/seller and buy/sell via cash-deposit to a bank.  It is the least risky.

Once you get a handle on local trades, I would then consider joining an exchange.  There are so many to choose from, and it depends if you are from the U.S. or from Europe.  I know people who have had luck with Gemini, Circle, and itbit.  For Europe: bitstamp and btc-e seem to be the best.

But take it slowly.  It can be rough out there and there are scammers around every corner.

Good luck!

but i think trading on localbitcoins is harder for someone who wants to start trading because first of all you will need reputation to be able to trade more and also the worst part is the scams that can happen while using their services.

Nah,  with that logic, nobody would start trading!  You have to start somewhere, right?

Especially for those who are new to trading in general, I would start with a local person-person trade.  It takes the least amount of risk, $, and know how.  You don't have to know anything technical, and if you have any sense of customer service skills, you may get a repeat customer.

What local buyers are looking for are a reasonable price, convenience and someone who won't scam them.  If you agree to a public place like a fast food place, etc., that will reduce the worry in the buyer.  If you send directly to a wallet, follow the confirmations on blockchain.info.  Wait for at least 1 confirmation.

What will win you business is price, customer service and common sense. 

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March 25, 2016, 04:17:21 AM
 #75

Invest in one-cent altcoins with an extremely low/high (nothing in between) trade volume, and as soon as the coin becomes 2-3 cents, sell.

Or invest in Ether or Uraniumcoin.

low trade volume + low price means a dead coin and unless someone decides to pump it , you will be left with bags of a dead coin and nobody to sell it to. which means it might never become 2-3 cent with this logic.

p.s IMO investing in ETH is super risky at this point.

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March 25, 2016, 07:58:39 AM
 #76

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.

if you want profits then you have to know very important rule, buy cheap and sell expensive, otherwise you won't get any profit,

and yes yobit is really good site to start altcoins trading, i started with it too and i was very happy about it
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March 25, 2016, 08:13:03 AM
 #77

I too dont know much about trading coins . BUt one thing is for sure . If dogecoin falls to < 40 satoshi . Please buy , and leave it for 3 months + . and then see , it will surely be back to 60 or 70 satoshi . Sell it then , I do the same. I trade only dogecoins

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March 25, 2016, 10:12:23 AM
 #78

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.

it is nice that you want to start trading because you will get plenty of profit, you should start with bitcoin and/or etherium, i wouldn't risk with others because it's easier to predict future off bitcoin for example than of any new unknown crypto

 
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March 25, 2016, 10:19:30 AM
 #79

Based on market movement, now is a great time to buy bitcoin. I foresee that bitcoin is going to go up and hit $450, even the low $500s. Maybe.

looking for a signature campaign, dm me for that
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March 25, 2016, 10:50:33 AM
 #80

If you want to start trading...start for free !!!
accumulate shares for free on my U2cloudmining system and then trade your shares or your pending payout...
you will be in the same situation than in bitcoin or share trading or all tradable things.
You have to ask you always the same questions:
Do I sell my shares or do I reinvest in more shares (this is only possible with your pending payout cash) or do I just claim other shares for free?
As you can see it is a good school...
if you are not clever in trading where you can only earn or earn...
do not trade with you real wallet...where you can lose big.

Have fun...

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