Very new in trading but would like to make a profit

[leowonderful]

Cryptocurrency trading is no different from real-life trading except the following:
1. VERY high volatility (sell quick, buy quick)
2. minting (ALWAYS research coins, mintable coins like ppc and other fast-mint coins may not be a good ivestment)
To get into crypto trading, just watch some real life trading videos. The basic pattern is identical except a few exceptions here and there.

[1715361301]

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[JasonXG]

Guys what are some of the better altcoins to trade with ? Is it a good idea to buy new coins that have been released. I think i should do this instead of gambling then at least i have some sense of control as apposed to pure luck.

[hendra147]

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

are you interesting to use my strategy trading..?
i have good strategy trading , it's very important for newbie like you
but my trade strategy work on altcoin trade

you can PM me . because this is my private strategy

[jacktheking]

Good to know that you are actually trying to make Bitcoin from Bitcoin (or money from money) by trading.

I'd suggest you using a big and active exchange to do this. In order for you to grow your Bitcoin from Bitcoin. you need to sell Bitcoin at high price. Wait until Bitcoin price drop a little (less risky but low profit) and buy back your Bitcoin.

I see that you already got yourself many tips from fellow Bitcointalker. So I will cut my crap and tell you about some potential Bitcoin investment scheme pitfall.

1. Do not invest in Altcoin IPO; they will never (or unlikely) end up well.
2. Do not hold onto pump and dump Altcoin too long; buy this hour, sell in the next six to 12 hours.
3. Do not put all your Bitcoin (and fiat) into an exchange.
4. Do not invest in ponzi/investor-based scheme.
5. Do be patience when you are playing/doing (day) trading game.

Have fun!

[hendra147]

Good to know that you are actually trying to make Bitcoin from Bitcoin (or money from money) by trading.

I'd suggest you using a big and active exchange to do this. In order for you to grow your Bitcoin from Bitcoin. you need to sell Bitcoin at high price. Wait until Bitcoin price drop a little (less risky but low profit) and buy back your Bitcoin.

I see that you already got yourself many tips from fellow Bitcointalker. So I will cut my crap and tell you about some potential Bitcoin investment scheme pitfall.

1. Do not invest in Altcoin IPO; they will never (or unlikely) end up well.
2. Do not hold onto pump and dump Altcoin too long; buy this hour, sell in the next six to 12 hours.
3. Do not put all your Bitcoin (and fiat) into an exchange.
4. Do not invest in ponzi/investor-based scheme.
5. Do be patience when you are playing/doing (day) trading game.

Have fun!

are you sure with it..? look at ETHERUM price, someday ago the price down to 0.02 in 12 hours after reach 0.03 , after it price going up again. if you do it you will lose your bitcoin.

for me hold your lose and searching more info about your altcoin holding, if "good news" will come better to hold it until good news release.

[RealPhotoshoper]

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

you post this 2 days ago,and i suggest you to start trading with Etherum,buy now at price 0.027,and i'm sure 2 day again,the price will rise,and you have get profit depending how much you bought that etherum.

[JustDie]

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

follow this guy

you post this 2 days ago,and i suggest you to start trading with Etherum,buy now at price 0.027,and i'm sure 2 day again,the price will rise,and you have get profit depending how much you bought that etherum.

or buy many account with pot activity , then sell it or using for signature camp

[Zuminest]

Buying and selling itself gives good profit. Hold for a short term. You'll get assured profit as regular price increase happens with our technology.

[BitMaxz]

Trading is not is than you think its not easy to choose what altcoin is the best and what alcoin you can make a profit..
First you should register in any trading site like in my signature yobit.. to know how trading works you must try to buy a cheap altcoin so that you the risk are low but there's a chance of high profit.. sell the altcoin for high price like x2 or x10 and wait for the price increase if the price reach high and your altcoin has been sold you are done in the first step.. now you should research first if what altcoin has a long term project and buy some of them..
And sell it again for the price x3-x20 depends in you if how much you would like to set..

[ashkanb]

first of all try to learn the basics of trading/investing;
you can google for books for more indepth look at the topic,
try tons of free articles available all over the internet (like the ones on investopedia.com)
and look at numerous threads available on this forum. (mostly located in trading discussion.)

decide wether you wanna trade bitcoin and fiat or bitcoin and altcoins.
look up a number exchanges on service announcements.
check them out personally to see which interface you prefer.
read about people's opinions on them in service discussion.

establish your trading plan.
move a little bit funds to your balance in your favorite exchange and start testing the water.

dont confuse yourself with many different coins and options;
you'll need to spend time to keep track how their markets move and react in different conditions.
if you find an interesting coin, study it in depth and familiarize yourself with its dev team and community.
initially try older more stable coins with big market caps.

have discipline, once you did spend time to develop a plan stick to it.
have tenacity, remember failures always happen and don't quit.

[adibe]

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.

And also you can follow someone by listening people say in tab chat, because sometimes it gives us information. and you use Demo for first time trading. it's like training though.

[romero121]

In trading making profit is very simple. You need to spend lot time in analysing the variation in price. Only then you can fix the appropriate price and make profit.

[shintosai]

In trading making profit is very simple. You need to spend lot time in analysing the variation in price. Only then you can fix the appropriate price and make profit.

this mate is an easy tips but full of sense inside you need a lot of analyzing means you need to do your homework do research and follow the movement of your desire goods/alt to invest with and after finalizing do your moves. day trading might be too risky but if got your luck you gain more.

[BitMaxz]

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.

Yeah i am also tried making some profit in yobit fast growth in altcoin and you can easily understand the concept of the site..
But there's many shitcoins in yobit.. so beware to buy shitcoins better to research first and watch the fluctuate of the price of altcoin..

[Herbert2020]

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.

Yeah i am also tried making some profit in yobit fast growth in altcoin and you can easily understand the concept of the site..
But there's many shitcoins in yobit.. so beware to buy shitcoins better to research first and watch the fluctuate of the price of altcoin..

you can't tell which coin is good and which one is bad just by looking at yobit. since that exchanger is not so popular, the trading volumes are so low and in some cases unreal.
a couple of days back i was looking at bitcoin price for example and it was $230 @<0.01 vol while price was $207 everywhere else.

[n0ne]

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.

And also you can follow someone by listening people say in tab chat, because sometimes it gives us information. and you use Demo for first time trading. it's like training though.

Thats a good suggestion to have some conversation with the users who were already in the trading sector of bitcoin.

[hendra147]

Yeah i am also tried making some profit in yobit fast growth in altcoin and you can easily understand the concept of the site..
But there's many shitcoins in yobit.. so beware to buy shitcoins better to research first and watch the fluctuate of the price of altcoin..

if you want to seriously in altcoin trading, im suggest you to use poloniex, it's a biggest altcoin trading at today. Im trade at poloniex and i make arround 2btc/mnonth.

[traitrkng]

Search on the bitcointalk and follow some interesting alt coins.buy some, w8 and have some faith
I started with Dash, and even if they are not high earnings are more and more of what I invested 

[Duomo]

If you want to trade, I would suggest you put a small amount of bitcoins into alt-coins. You will have a much better understanding of how things works once you start conducting various buy and sells orders. (Market-Buy/Limit Buy) or (Market-Sell/Limit). Once you are familiar with executing a few trades, I would recommend trading bitcoins. Keep in mind what you put down as initial capital to invest might be lost completely, so take trading with caution.

[KennyR]

If you want to trade, I would suggest you put a small amount of bitcoins into alt-coins. You will have a much better understanding of how things works once you start conducting various buy and sells orders. (Market-Buy/Limit Buy) or (Market-Sell/Limit). Once you are familiar with executing a few trades, I would recommend trading bitcoins. Keep in mind what you put down as initial capital to invest might be lost completely, so take trading with caution.

Make every move in trading with caution. Only then you will be successive. One of the major factor is the atleast a small capital is needed to enter into trading as I found few trading sites with certain limitation.