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Author Topic: How to make a successful Trade?  (Read 15583 times)
Bitcoinbee (OP)
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May 27, 2016, 03:38:31 PM
 #1

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.

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May 27, 2016, 06:08:36 PM
 #2

A succesfull trade is very simple to do.You need to buy bitcoin with a low price and sell on localbitcoin,where the price of bitcoin is high than other exchange.
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May 28, 2016, 02:34:21 AM
 #3

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.
Trading on Localbitcoins is the worst trading strategy ever.If you wish to exchange the coins or liquidize the cash,good option but not for specific trades. Here's Why ,all the traders at localbitcoins set custom window sizes with higher odds with the actual bitcoin prices,you can never buy a lower amount from what the actual bitcoin prices are ,the price will be always +2% minimum.Having said that,the sell rates are higher too,people can easily buy coins from any other reputable exchanges at minimum possible rates,unless they want to exchange to PP or PF ,they would never care taking a loss. 
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May 28, 2016, 06:50:58 AM
 #4

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.

well, trading at localbitcoins site is a little bit different than the normal trading that people usually do on different exchangers.

at localbitcoins you have to be reputable at first then always worry about getting scammed yourself. but it can be profitable if your losses do not surpass your wins.

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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May 29, 2016, 02:55:31 AM
 #5

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.
You must have system trading some people call it trading plan, and you can make it by your self. The system trading will make you profit/income as consistent, even if condition of markets price going up or down. You always make money from trading.
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May 29, 2016, 03:23:34 AM
 #6

A successful is that you buy bitcoin with lower price and sell them little higher and get some benefit from it.
but every exchange site have different exchanging system you should know that how they works. localbitcoin is a different type of site, it is actually a exchanging site but exchanges are not controlled by site's staff, there users can set their own price and rates, so try to nearest person you and try to cheapest rate for bitcoin.

Tip: if you trade in bitcointalk forum, make sure to user escrow for success your trade.
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May 29, 2016, 09:08:30 AM
 #7

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.

I have not tried trading on localbitcoins because it is a peer to peer transactions and their is a risk involve here but I read a lot of people making a living from this trading I will have to see how it really works I'm very much into altcoin trading than this bitcoin trading ..

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May 29, 2016, 09:23:08 AM
 #8

You need to watch market trends. For example, there is an uptrending market nowadays, it is very obvious. Best thing you can do in a time like this is "buy and hold", if it goes lower: "buy more". Uptrends don't go forever, there is going to be a "downtrend" following. A few can predict the exact time of downtrend begin time so don't bother with it. Just get out if when you have enought profit.

I don't need to say that: Don't invest anything in a "downtrending market".

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May 29, 2016, 09:27:20 AM
 #9

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.

If you're talking about trading on localbitcoins, it's easy and it's literally without any risk because if you pick the right person to deal with, and use escrow, you will not ever lose your coins.

I suggest you never deal face to face. Not only will the police catch you, you also run the risk of getting robbed. Never good.
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May 29, 2016, 12:16:36 PM
 #10

keep patience to buy and sell your coins. it is the most important point in trading. you must have a strong emotional nature. you should be able to control the desire.

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May 29, 2016, 02:08:39 PM
 #11

keep patience to buy and sell your coins. it is the most important point in trading. you must have a strong emotional nature. you should be able to control the desire.

Patience is the first step to be successful in trading. if someone have not patience he can't get success in bitcoin.
to make a successful trade buy the coin(bitcoin or any altcoin at the right time. and wait till the coin price go to a reasonable price and sell them.

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May 29, 2016, 02:36:27 PM
 #12

I once demonstrated a trade procedure for a friend who was new in trading bitcoins.  All i did to make the trade successful was to introduce him with localbitcoins traders in our region.  And he said that was cool after successfully trading.
You must have system trading some people call it trading plan, and you can make it by your self. The system trading will make you profit/income as consistent, even if condition of markets price going up or down. You always make money from trading.


Thanks for the tip.  I always have your suggestions and trading methods system in mind and im adding this to my trading list so i can easily find ways in trading or investing bitcoins

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May 29, 2016, 04:50:21 PM
 #13

You need to watch market trends. For example, there is an uptrending market nowadays, it is very obvious. Best thing you can do in a time like this is "buy and hold", if it goes lower: "buy more". Uptrends don't go forever, there is going to be a "downtrend" following. A few can predict the exact time of downtrend begin time so don't bother with it. Just get out if when you have enought profit.

I don't need to say that: Don't invest anything in a "downtrending market".
yes i agree with this,thanks for share with us,and i still learn about trading,and still have problem with hurry,its not good for us when you trade iwth unpatience and hurry to sell or buy.
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May 29, 2016, 06:32:11 PM
 #14

If you are making a one time transfer from USD to BTC then localbitcoins, coinsbase, and trading on this forum can work.  However if you are talking about trading continually as the price of bitcoin fluctuates, then it's best to find a good bitcoin exchange to use.  I hesitate to suggest one because I don't know which is best and there are some that have failed.

 
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May 29, 2016, 08:26:45 PM
 #15

keep patience to buy and sell your coins. it is the most important point in trading. you must have a strong emotional nature. you should be able to control the desire.

personally this is what I lack, 2 days back I sold BTC @ $570 Rate & Now Rate has been Jumped to $552

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May 29, 2016, 08:29:33 PM
 #16

Is there any All in One exchange, where we can like sell bitcoins from zebpay to coinsecure and some wallet hold our balance?
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May 29, 2016, 08:35:56 PM
 #17

Always go for arbitrage trades... Smiley

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May 29, 2016, 09:01:52 PM
 #18

Always go for arbitrage trades... Smiley

Can you name trusted arbitrage website?
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May 29, 2016, 09:47:23 PM
 #19

If you want to make a successful trade you need to use escrow, then use a non chargeback payment method or you can simply use localbitcoins
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May 30, 2016, 12:50:13 AM
 #20

If you want to make a successful trade you need to use escrow, then use a non chargeback payment method or you can simply use localbitcoins


How is non chargeback payment method is being done?  i'm more in trading with my locals and it is sure safe trusted and successful.  Still i want to make more profits so charges is a kind of wastes.

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