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Author Topic: bitcoin trading :)  (Read 4504 times)
maats (OP)
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June 20, 2016, 04:33:10 AM
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guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
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June 20, 2016, 05:43:25 AM
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For trading you can try any exchange available online, I am also doing trade on exchanges especially I like bitstamp, it is more secure and efficient. Go to there and take a start from there.
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June 20, 2016, 05:48:57 AM
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guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
Basically, the method to play trading you buy a coin with a lower price and sell it at a high price, but if you only have a small fund for trading you can only get a little profit. you can visits poloniex , yobit or another site and try to learn about trading from the chat box.

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June 20, 2016, 05:49:14 AM
 #4

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance

Do you want to train yourself and your strategy in trading ? You can try sparkprofit install it from google playstore if you are using an android phone and also you can install it on pc just search for it on google . It is good for the people who want to learn trading and can give you some ideas then if you are ready to go trading you can try bittrex or cryptopia.nz .
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June 20, 2016, 05:51:54 AM
 #5

For starting with trading I would advise some of the bigger exchanges, especially if you are only interested in bitcoin trading and not altcoin trading.

Bitstamp
Kraken
BTC-e

If you also want to look into altcoin trading:

Poloniex
Bittrex

They have been around for a while now and have not shown any problems they couldn't recover from.
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June 20, 2016, 06:07:39 AM
 #6

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
To be honest, im never trading with bitcoin. Im just trading with alt coins (example : doge, XMR, XEM) , if i got profit from that alt coins, i'll convert that into bitcoin. Im usually trading on poloniex and yobit. Goodluck
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June 20, 2016, 06:21:36 AM
 #7

This is something else, you might find interresting http://www.bitbiz.io/threads/newbie-guide-to-trading-on-1broker.810/ - Most trades are done on https://1broker.com/ and it's mostly CFD's on global markets. Hope you find this helpful, I surely did. ^smile^

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June 20, 2016, 06:26:45 AM
 #8

I think Bittrex and Poloniex are the most rliable trading site out there where you can select good coins in their exchange unlike yobit their so mant shit,scam coins listed their and if you dont really monitor the coin price well big chance for us to lose money because it will dump and cannot recover easily or die totally.

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June 20, 2016, 06:33:24 AM
 #9

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
Lol I think there are legit sites. you just need to look for exchange and trade. usually people choose poloniex. it is the exchange sites were nice and reliable

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June 20, 2016, 06:38:26 AM
 #10

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance
Lol I think there are legit sites. you just need to look for exchange and trade. usually people choose poloniex. it is the exchange sites were nice and reliable

I agree because poloniex is more establish and as you can see to their site many people doing some big trades their unlike any other exchange they are just starters or the admin of the site is unresponsive for some problem existing.

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June 20, 2016, 06:39:52 AM
 #11

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance

If you want to enter in the world of altcoin and bitcoin trading you need to go to the trading discussion to get trading tips but the first thing you need to do first is to find a reliable exchange I recommend Bittrex,Ccex and Yobit I can only recommend what I am using right now..


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June 20, 2016, 06:52:05 AM
 #12

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance

Well, bitcoin trading can be trading altcoins or forex with bitcoin. You can however also speculate on bitcoin's price. That would be trading too. If you want, you can also try arbitrage trading which could generate a good amount of profit for you.

Hope this helps Smiley
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June 20, 2016, 06:53:39 AM
 #13

There are many cryptocurrency exchanges - Yobit, poloniex, bter, kraken, exmo, etc.

several types of work in trading should be emphasized:

- Classic Trading, repeating the strategy in the stock and currency markets.
- Arbitrage between cryptocurrency exchanges.
- Work with derivatives of Bitcoin.
- Work on the PAMM accounts.

Few tips:

1. If you want to trade successfully cryptocurrency, then at least we should learn some basics. And people often come to the stock exchange without knowing how to read candlestick, or not knowing how to order book is arranged. Therefore, in the first place - to study the theory on the subject, as well as the types of stock orders, read what margin trading, which she features. Feel free to use search engines.

2. Clearly understand, that the price, which is displayed as cryptocurrency rate on the stock exchange - the price of the last transaction. This does not mean that at this price, you can buy or sell any amount cryptocurrency.

3. Commission. Before you do something about it, scroll all the planned path and figure out what the commission which will be paid from the input means to the stock exchange to display in your wallet. It may surprise the total amount, at every step, seemingly lost a very small part of it.

4. Do not use technical analysis to plan future trade. In short - take any historical graph of price changes and close the opaque sheet of any part of it. Technical analysis of the public will not allow to predict what will be closed. Thought number two: if the technical analysis work, it would be a clear set of rules to follow that can be guaranteed to make money. But the game on the exchange - this is a zero sum game, that the exchange is entered, it will be displayed, only redistributed funds to accounts, ie, if someone wins, it means that someone loses money. Anyone can not earn.

5. Be careful with interbourse arbitration. The first thing that makes new traders that are accustomed to the stock exchange, it is guaranteed by the search strategies. And then there is the temptation of easy money on arbitration: cryptocurrency courses on various exchanges are different. We buy where cheap, sell expensive where, in his pocket a profit, the funds for the next round on the first stock exchange to continue under the scheme. Yes, this way you can earn, but there are a lot of pitfalls. If you want to transfer funds between the exchanges, it will take some time, during which courses may change unpredictably, and as a result, you can stay in the red. The solution - to keep both stock exchanges and fiatnoy and cryptocurrency and transactions carried out simultaneously. That is, when a certain difference in the course of one cryptocurrency Exchange buying, selling to another the same number of coins remain in the black in fiatnoy currency. Skew correct shipment of funds between the stock exchanges in quiet mode already. Yes, but this raises the following points: somewhere in the order can not be filled or filled with a delay. It happens, and as a result is skewed by an unexpected balances. Another point: on one exchange to buy at sale price, and on the other - to sell at the price of purchase. And it can not be the price of the latest transactions on the exchanges. Also in the glasses might not be the right volume at the right price. Few problems? Throw again, come from the commission, they also need to lay in the strategy in transit between the exchanges and in the exercise of warrants. And eventually profit from this event will be very different from what you thought from the difference in rates between the exchanges.

 don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.
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June 20, 2016, 06:54:18 AM
 #14

I think Bittrex and Poloniex are the most rliable trading site out there where you can select good coins in their exchange unlike yobit their so mant shit,scam coins listed their and if you dont really monitor the coin price well big chance for us to lose money because it will dump and cannot recover easily or die totally.


Id vouch also for bittrex and poloniex if you fancy doing a bit of altcoin trading, again i wouldnt even bother with bitcoin trading. It seems its easier and more money to be made with altcoins if you learn to trade the right ones, Also dont listnen to the troll boxs, its just people promising pumps on coins they are bag holders of. Youd probably be better off doing the opposite of what people tell you in their. My sig is obviously yobit and ive traded small amounts on their for a long time and never had any problems.

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June 20, 2016, 07:02:14 AM
 #15

guys i just wana ask if someone here knows how to play bitcoin trading? and what is the legit site for it? thnx in advance

Trading is not easy ways to earn many bitcoin , sometimes you can lost your capital when the coin that you invest in it have fallen in value. You should cut loss as soon as you see it happen.
Usually i am trading in poloniex , I think that site not bad to you to do trade.

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June 20, 2016, 07:16:17 AM
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trading sites that I use is btc-e.com, Poloniex and bittrex. not too many trades at multiple sites, it can make me confused Cheesy

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June 20, 2016, 07:41:54 AM
 #17

Trading is very easy to understand/learn but frustratingly difficult to master. Basically all you have to do is buy when you feel the price has reached a point where it's about to go up and then sell when you feel the price is about to drop down to a lower floor. Some people like to study the market and do a lot of research before they decide to buy or sell, others just go with their gut feelings. It's pretty exciting stuff really even if you don't always win  Smiley
And if you're still looking for an exchange, check out Bitstamp.
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June 20, 2016, 08:03:45 AM
 #18

cool! thnx guys! im doing my homework now i got a good knowledge from the sites you gave,.. ill take your tips for doing altcoin trading than bitcoin,...  Cool thnx again and more power
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June 20, 2016, 08:12:46 AM
 #19

cool! thnx guys! im doing my homework now i got a good knowledge from the sites you gave,.. ill take your tips for doing altcoin trading than bitcoin,...  Cool thnx again and more power

maybe you can read some threads in this section to get some tips or knowledge about trading https://bitcointalk.org/index.php?board=8.0 . Good luck Smiley
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June 20, 2016, 08:48:26 AM
 #20

I think Bittrex and Poloniex are the most rliable trading site out there where you can select good coins in their exchange unlike yobit their so mant shit,scam coins listed their and if you dont really monitor the coin price well big chance for us to lose money because it will dump and cannot recover easily or die totally.

Bittrex and poloniex is for altcoin trading not bitcoin. I think bitcoin trading is you buy bitcoin , hold it until price is higher than you buy.
And sell it when you want it , since you said this for altcoin..  Grin

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