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Author Topic: Very new in trading but would like to make a profit  (Read 2449 times)
HalfLit (OP)
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March 20, 2016, 10:20:44 PM
 #1

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated
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March 20, 2016, 10:55:57 PM
 #2

You can start with buying when the price is low, then sell when the price is high, but i advice you to read about how to trade before making any move, Its risky and you must have patience.

HalfLit (OP)
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March 21, 2016, 02:38:54 AM
 #3

I unfortunately do not have a Mining Rig to mine anything, else it would be something I'd think about. and I am scared to try cloud mining i hear bad things about it. right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back in is what I was thinking at least until I build something self sufficient worthy
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March 21, 2016, 02:54:13 AM
 #4

I unfortunately do not have a Mining Rig to mine anything, else it would be something I'd think about. and I am scared to try cloud mining i hear bad things about it. right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back in is what I was thinking at least until I build something self sufficient worthy
Your doing good mate, buying when the price is low and selling when the price is high, if I were you mate keep tracking new alt from alt section check for a new coin that has been build and make sure to study it first if faith comes you you'll earned more. good luck to you mate.

scott btc
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March 21, 2016, 03:00:59 AM
 #5

and I am scared to try cloud mining i hear bad things about it.
What you scared about ? you can gain many profit when you use that mining rig, but you don't have it.

right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back
That was called trading, try with buy ETH/LTC/DOGE(maybe). don't buy 1 coin if you have much money. when 1 coin going down you can sell the other coin.
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March 21, 2016, 03:04:51 AM
 #6

and I am scared to try cloud mining i hear bad things about it.
What you scared about ? you can gain many profit when you use that mining rig, but you don't have it.

right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back
That was called trading, try with buy ETH/LTC/DOGE(maybe). don't buy 1 coin if you have much money. when 1 coin going down you can sell the other coin.
This advise is so well compile buying more than 1 alt is your alternatives logic said that if you lose in one of it there's a big chances to gain in another one, so be wiser in buying alts for trading there's a lots of help from our alt sec try to look for a promising one. good luck mate.

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bitbaby
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March 21, 2016, 03:09:33 AM
 #7

I unfortunately do not have a Mining Rig to mine anything, else it would be something I'd think about. and I am scared to try cloud mining i hear bad things about it. right now I am mostly invested into Clam and just on-site investing it on JD looking for the right moment to trade for BTC and wait for Clam to drop and rebuy back in is what I was thinking at least until I build something self sufficient worthy

I'd say thats fine for now, Just-dice.com is a great site and should bring you profit from your investment and Clams are good coins also, its better to stick with something you know then trying something you know nothing about. Trading alt requires knowledge as to which one looks promising based on various factors, you can try small and learn with trial and error but its hard to pick the right ones as there are so many shit coins around.

pocarime32
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March 21, 2016, 05:15:34 AM
 #8

I'm also new about trading and want learn about trading. I want ask something, How much balance do you need for trading ? Like 1 bitcoin or 2bitcoins ? My target is getting profit 5-10% per day.
Whosdaddy
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March 21, 2016, 07:09:12 AM
 #9

Bitcoin trading or any other trading can be done in two different ways: day trading and passive trading.

Day trading: looking for profits within a day. Suitable only for professional traders.
Passive trading: buying and holding for long-term. Suitable for anyone and mostly recommended for newbies.
noobhelper178
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March 21, 2016, 08:44:21 AM
 #10

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

Its easy to make money now by trading ethereum, i make 2-3% easily daily by trading it, it has big swings and it's easy to catch.
Niemands
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March 21, 2016, 08:49:00 AM
 #11

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

buy low, sell high, repeat  Wink

KennyR
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March 21, 2016, 10:12:00 AM
 #12

Now you can involve in small scale trading with a limited cash. Once you find the real tactics of high scale bitcoin trade make higher investments to earn high profits.

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March 21, 2016, 12:57:08 PM
 #13

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

buy low, sell high, repeat  Wink

If it was that easy everyone on this forum would be a millionaire.

To the OP - people are reluctant to reveal their successful trading strategies, because by definition, if everyone is doing them, they cease to work. I'd advise to you experiment with about a dollar's worth of coins, and use trial and error to see what works. If you lose money, it's only a dollar and you'll have learnt something in the process.

 
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March 21, 2016, 03:36:19 PM
 #14

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

buy low, sell high, repeat  Wink

But low is not possible every time, Sell high also happens only after holding for a long time. So earning profit through trading needs time.

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March 21, 2016, 04:43:00 PM
 #15

You can start with buying when the price is low, then sell when the price is high, but i advice you to read about how to trade before making any move, Its risky and you must have patience.

basically of trading is buy when cheap and sell when expensive. but sometimes it's difficult to practice. at least you should have the knowledge, before you really want to buy the coin.

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March 21, 2016, 05:16:59 PM
 #16

I have been around the Bitcoin area for quite some time but never really delved into investing in it up until recently.. I see there are alot of ways people are making there profit but I would like to make mine through trading but just dont understand it much.. any help or advice on how to start making it somewhere with BTC is greatly appreciated

buy low, sell high, repeat  Wink

But low is not possible every time, Sell high also happens only after holding for a long time. So earning profit through trading needs time.

One who wants to earn from trading has to watch the markets all the available time. That's the secret recipe. Nothing else.

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March 21, 2016, 05:21:44 PM
 #17

when I was new in trading. I have a few friends and a group about trading. and this could help me to make a profit.

or you can go here https://bitcointalk.org/index.php?board=8.0 hopefully it can help you
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March 21, 2016, 06:31:25 PM
 #18

If you want to make good profit then I would not trade Bitcoin. You need a high stake in order to make little profit. I would rather recommend to speculate on undervalued coins, or even on typical and known pump and dump coins (which are currently in dump mode of course). A good platform for doing this is Yobit or Poloniex. You need little stake to start. But be careful, this strategies could mean the total loss of your investment.
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March 21, 2016, 08:41:12 PM
 #19

If you want to make good profit then I would not trade Bitcoin. You need a high stake in order to make little profit. I would rather recommend to speculate on undervalued coins, or even on typical and known pump and dump coins (which are currently in dump mode of course). A good platform for doing this is Yobit or Poloniex. You need little stake to start. But be careful, this strategies could mean the total loss of your investment.

Recently i have also started to trade in Altcoins and really if you do little bit reasearch about coins then you can do trading and earn nice profit and users in yobit are also very friendly , i have been using yobit for last 3 months and trading is also fast. for bitcoin trading we need investment but i yobit you get freecoins with that you can start your trading.
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March 21, 2016, 09:03:30 PM
 #20

If you are a newbie you better go find some video tutorials on trading.
Always remember that trading can make you a lot of profit but can also make you lose it all. before start trading you need to know about the basics.
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