sportis
Sr. Member
Offline
Activity: 406
Merit: 252
Veni, Vidi, Vici
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January 04, 2017, 09:10:43 AM |
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Trading is a very complicated process and someone must read articles and/or books in order to determine his trading style and develop his plan. In addition he must be active everyday and very well prepared. It is important to mention that trade is not a business "set and forget" or "9 to 5" not for everyone. Are you willing to do this?
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Potato Chips
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January 04, 2017, 09:42:43 AM Last edit: January 04, 2017, 10:27:45 AM by Potato Chips |
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any time is the right time to make trades. The most important is timing in buying and selling bitcoin we have. when we carefully so we can benefit from our sales results.
As long as we have the right knowledge and some capital that we are willing to risk then we can start trading but I think we need to be careful of not putting to much money too early since experience is also important, so only put serious money after you have proved that you can be a successful trader. Even though we have knowledge some time it is very difficult to reach assumption because not myself every body who are into trading will risk some amount of money but every time it is not possible to keep on going ultimately we will loose our money. Then we can conclude that both knowledge, courage to trade and a capital is needed in trading. Since OP is not sure on the amount, Technically any amount is fine is just that if you have a huge amount to trade then so will your profit be. It is also the same for your losses so trade an amount that you can afford to lose. Forgot to mention that experience in trading will greatly help
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Japinat
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January 04, 2017, 09:46:09 AM |
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Trading is a very complicated process and someone must read articles and/or books in order to determine his trading style and develop his plan. In addition he must be active everyday and very well prepared. It is important to mention that trade is not a business "set and forget" or "9 to 5" not for everyone. Are you willing to do this?
It's only complicated when you make things complicated, the basic rule in trading is " buy low and sell high", just follow that every time and you will be profitable. In connection to being active everyday, that is only applicable if you are a day trader which I believe most of us are doing the latter. The longer you trade you will definitely improve if you learn from every failure you experience along the way, it's no secret we can be successful in trading.
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justdimin
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January 04, 2017, 09:58:22 AM |
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Are you willing to do this?
If you are afraid to face challenges then there will not be a better future for you. he must be active everyday and very well prepared. It is important to mention that trade is not a business "set and forget" or "9 to 5" not for everyone.
Could you please list out any "set and forget" or "9 to 5" kind of jobs ? I guess even government jobs (as per my country trend) also needs more dedication now a days. So, no wonder that trading requires your active participation all the times. Trading is a very complicated process and someone must read articles and/or books in order to determine his trading style and develop his plan.
Yes, once ready with "plans", everyone must move to next step of testing it in demo account.
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The_Dark_Knight
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January 05, 2017, 02:26:29 AM |
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Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ? where you guys think is a good place to start a trade ? share your trading experiments and recommendation. I also would like to know at which amount you guys started trading [ personal experiment ].
Edit :
Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section? Thanks
Actually dude, as a trader you don't need to ask that question, as long as you are ready to loose your money in trading you can start anytime. Because being a trader is really a risk taker. Positively the trader's is totally mindset to win the game and they never look how much money they will loose but they always look to win the game. But to trade without any knowledge it is just gambling but even worst because in gambling at least you are going to get some fun with it but trading that way you are guarantee to lose your money and not obtain any benefit out of it.
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SpeedyCapo
Newbie
Offline
Activity: 42
Merit: 0
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January 05, 2017, 03:25:49 AM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
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Carmen_Sandiego
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January 05, 2017, 04:30:08 AM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
As I see it, Bitcoin/Fiat trading is a safer option than Bitcoin/Altcoins trading. But, incredible as it seems, the altcoins are showing a good performance in the market, even with Bitcoin rising in price. I think that as long as you have experience you can make a good profit on the altcoins market, but this is a very unpredictable market.
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traderethereum
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January 05, 2017, 05:26:06 AM |
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any time is the right time to make trades. The most important is timing in buying and selling bitcoin we have. when we carefully so we can benefit from our sales results.
As long as we have the right knowledge and some capital that we are willing to risk then we can start trading but I think we need to be careful of not putting to much money too early since experience is also important, so only put serious money after you have proved that you can be a successful trader. Even though we have knowledge some time it is very difficult to reach assumption because not myself every body who are into trading will risk some amount of money but every time it is not possible to keep on going ultimately we will loose our money. yes its true, sometimes i have this experience too but if i see the price is down than the last time i see the price, then i think i am buy the coins, but if the price is still getting down, then i only hold until i think i loss about 10% from the total of i'm bought.
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bitllionaire
Legendary
Offline
Activity: 1120
Merit: 1000
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January 05, 2017, 08:26:37 PM |
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any time is the right time to make trades. The most important is timing in buying and selling bitcoin we have. when we carefully so we can benefit from our sales results.
As long as we have the right knowledge and some capital that we are willing to risk then we can start trading but I think we need to be careful of not putting to much money too early since experience is also important, so only put serious money after you have proved that you can be a successful trader. Even though we have knowledge some time it is very difficult to reach assumption because not myself every body who are into trading will risk some amount of money but every time it is not possible to keep on going ultimately we will loose our money. in fact the best time for starting a business is that when you become a good trading when you get a good knowledge about trading and when you get good experience and learn the skills of trading then it is the right time to start trading.
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KingdomHearts
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January 06, 2017, 07:37:24 PM |
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current time is good for trading because bitcoin price is good and i hope bitcoin price will be rise in few day to huge value and maximum people buying bitcoin in huge amount they know that price will be rise in few days surely.
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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January 06, 2017, 07:48:48 PM |
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maximum people buying bitcoin in huge amount they know that price will be rise in few days surely.
I'm not sure many people are buying bitcoins right now because I am a trader and I am in uncertainty whether the bitcoin price will sustain from this levels. Even for the passive traders, it is highly recommended not to touch right now. You may start trading right now only if you are capable of holding bitcoin for months, yes you should not expect quick profit making from your buying right away.
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Mlich
Full Member
Offline
Activity: 211
Merit: 100
Official Augmentors Developer
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January 06, 2017, 08:25:08 PM |
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I think most people missed the chance to start trading when price was less than 500 dollars as they didn't believe in bitcoin but they will find it hard to make good profit now...
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AUGMENTORS
Worlds 1st Augmented Reality Bitcoin blockchain based game.
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bravehearth0319
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January 14, 2017, 07:39:57 AM |
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Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ? where you guys think is a good place to start a trade ? share your trading experiments and recommendation. I also would like to know at which amount you guys started trading [ personal experiment ].
Edit :
Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section? Thanks
You can start at any moment by doing trade in the exchange platform. This will depend on the new trader, in fact as long as you have the capability to afford to trade in you can do it at once. And you can start at bitcoin amount of 0.01 BTC.
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daringdiscovered
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January 14, 2017, 07:47:51 AM |
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I think it is a good time to start trading when its 1st quarter of the year where bitcoin's value slowly stabilizes. Altcoins are still cheap that time and a good time to buy. After the bitcoin's value become stable altcoins now will start pumping and if you bought it for a lower price you can earn good profit from it.
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Supercrypt
Legendary
Offline
Activity: 1554
Merit: 1054
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January 14, 2017, 10:23:57 AM |
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I think it is a good time to start trading when its 1st quarter of the year where bitcoin's value slowly stabilizes.
Bitcoin prices were high in the first quarter of 2014 compared to rest of the months of that year. You got any solid evidence that bitcoin is following any pattern with respect to each quarters of a year ? After the bitcoin's value become stable altcoins now will start pumping and if you bought it for a lower price you can earn good profit from it.
I agree with this, usually altcoin prices will fall when bitcoin finds appreciations and once bitcoin find stable or range bound, altcoins do start their rally. Litecoin and Dogecoin usually follow this pattern.
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millgates
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January 14, 2017, 12:40:22 PM |
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Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ? where you guys think is a good place to start a trade ? share your trading experiments and recommendation. I also would like to know at which amount you guys started trading [ personal experiment ].
Edit :
Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section? Thanks
The good time to start trading is now. But do not start trading with big amount of bitcoin. If you learn how to trading early you could be an expert faster. Do not forget to read bitcoin news, learning by doing is good.
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Superzpay
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January 14, 2017, 02:00:59 PM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
As I see it, Bitcoin/Fiat trading is a safer option than Bitcoin/Altcoins trading. But, incredible as it seems, the altcoins are showing a good performance in the market, even with Bitcoin rising in price. I think that as long as you have experience you can make a good profit on the altcoins market, but this is a very unpredictable market. It is right that bitcoin fiat trading is safe but if someone have knowledge about altcoin and start trade with bitcoin/altcoin then he will earn a higher income from that trade and it is also the chance that he get biggest profit within a day.
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Apriand
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January 14, 2017, 02:18:29 PM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
As I see it, Bitcoin/Fiat trading is a safer option than Bitcoin/Altcoins trading. But, incredible as it seems, the altcoins are showing a good performance in the market, even with Bitcoin rising in price. I think that as long as you have experience you can make a good profit on the altcoins market, but this is a very unpredictable market. It is right that bitcoin fiat trading is safe but if someone have knowledge about altcoin and start trade with bitcoin/altcoin then he will earn a higher income from that trade and it is also the chance that he get biggest profit within a day. Yes bitcoin/altcoin will make more profit than bitcoin/fiat when we buy and sell in right moment, for this moment i'll try to collect some altcoin with low price than usual, and wait bitcoin stable or down then im sure my altcoin wil going higher and give me more profits. but need to research about future that coin safe or not to hold for long time before start buying.
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MMA
Legendary
Offline
Activity: 1134
Merit: 1000
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January 15, 2017, 07:28:56 PM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
but i think bitcoin is trading in a reasonable price to be trade, because i can see bitcoin trading above 1200 in next few days, therefore to me if a person want to invest their money in trading then it is good time for them.
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justdimin
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January 15, 2017, 08:03:05 PM |
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Cannot be told, I think that trading is good on a low price but right now the bitcoin is very high, with altcoins you can to be honest start already now with some nice investing amount.
As I see it, Bitcoin/Fiat trading is a safer option than Bitcoin/Altcoins trading. But, incredible as it seems, the altcoins are showing a good performance in the market, even with Bitcoin rising in price. I think that as long as you have experience you can make a good profit on the altcoins market, but this is a very unpredictable market. It is right that bitcoin fiat trading is safe but if someone have knowledge about altcoin and start trade with bitcoin/altcoin then he will earn a higher income from that trade and it is also the chance that he get biggest profit within a day. Yes bitcoin/altcoin will make more profit than bitcoin/fiat when we buy and sell in right moment, for this moment i'll try to collect some altcoin with low price than usual, and wait bitcoin stable or down then im sure my altcoin wil going higher and give me more profits. but need to research about future that coin safe or not to hold for long time before start buying. Trading altcoin for bitcoin might be the right thing to do at the moment since the price of the altcoin is stabilizing and the price of the bitcoin is going higher and it becoming harder to mine, but the altcoin is unpredictable you can’t rely on them. So, the best thing is to exchange bitcoin to fiat when the price is high and then when the price of the bitcoin goes down you could buy twice as much as you had.
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