Beginning with bitcoin trading

[kotwica666]

Do you think this is worth the time? I feel like the market is too unstable to predict and you may be wasting some time but idk

Of course it is but you need to be smart and being smart you will know an unstable market is the market you want to be trading in.

What mean smart? Everyone can trade, but not everyone will earn. Now Bitcoin price is growing, so it should be easy, but choosing good exchange is the most important thing.
To all unexperienced users I advise stay away from Paxful.
Good exchanges are Coinbase, LocalBitcoins, Bitstamp. Kraken, OKcoin and BTC-e.

Full list of biggest markets is: https://bitcoincharts.com/markets/

[btcdiggingmaster]

Bitcoin is not completely related to one specific country, you may see news regarding bitcoin from forex but forex is completely different because forex is related to specific country and it depends on their economic status, it can be run government authorized shares being run in the forex. But where as in bitcoin trading no economic and government authorized people has no involvement in bitcoin trading.

[BitcoinExpart]

Technically trading with bitcoin is really very good decision basically it one of the most profitable markets to trade.You can make good money using this way.Personally i love to trad ,whenever you hold an asset, it can increase or decrease in value cos BTC prize is unpredictable.Before you start trading Bitcoin of course you have to quite much knowledge.

[Digitalbitcoin]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

While doing trading with cryptocurrencies trader must have to understand basic things such as chart of every time duration, total volume, buy wall, sell wall, order book etc. This can help you to determine current market conditions of particular cryptocurrency. 

Trading cryptocurrencies is quite risky so please be aware before trading cryptocurrencies.

[machinek20]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

While doing trading with cryptocurrencies trader must have to understand basic things such as chart of every time duration, total volume, buy wall, sell wall, order book etc. This can help you to determine current market conditions of particular cryptocurrency. 

Trading cryptocurrencies is quite risky so please be aware before trading cryptocurrencies.

trading bitcoin and forex is a bit different, but both of them share the same basic, like the need of reading chart good analysis and knowledge, the one that makes it different is the factor that caused the price fluctuation, bitcoin more affected to the market, in forex there are so many factors that can caused the price to fluctuate even a rumour is enough to make the price to move

[Digitalbitcoin]

Yes I agree with you. I have also even tried forex trading before and have good experience about market. But forex trading and Bitcoin trading two very different platforms. Forex only work on volume but Bitcoin trading platform works on demand and supply.

I would like to give suggestion for Bitcoin trading as keep watch on chart with volume in amount as well supply. This analysis can help to understand current condition of market. Price prediction is another part but trader must have to understand buy wall and sell wall and orderbook.

Even user can do altcoin trading which is beneficial for traders who trade for short term.

[SAMKUSH]

You can trade forex with bitcoin using 1broker

[ufaiz50]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

trading forex and bitcoin (crypcurrency) is vey different because bitcoin prices are not influenced by fiat but is influenced by supply and demand

[muellermanfredcrypto]

im very new here whats the best way for someone in central europe to get his first bitcoin and where to trade with them!

[joshy23]

Looks like I found the topic I'm looking for as a newbie.

[marcuslong]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

Forex is you guys are using dollars where you need to buy what is in demand and depends on the volume before you will sell it and made a profit for me forex is hard to follow than bitcoin exchange website. Technology now are becoming more useful and based on my analysis when you really want make profit wait for the price decrease buy and sell.

[lordquanta]

It is true that forex trading and bitcoin trading is different. While there are well established companies treading in the forex for long time so that some big one actually controls it.  bitcoin On the otherhand is still evolving, many countries are still in 'wait n watch' step.   Bitcoin trading is heavily done at chinese btc exchanges. Thus whatever happens there has influence over the global bitcoin prices. Recent China govt decision to investigate the bitcoin exchanges caused bit slump in the bitcoin market. Thus for understanding the bitcoin trends you may want to keep an eye on those important exchanges and political situation as well. If there come another exchange capable of significant impact then understanding of that helps a lot.
There are lot of speculations about the way trade happens in chinese exchanges. Understand that point as well.
Many who have recently joined bitcoin are preferring to hold the bitcoins rather than trade. As per them in coming years bitcoin price will skyrocket to some million dollars.

[CROYA86]

It is true that forex trading and bitcoin trading is different. While there are well established companies treading in the forex for long time so that some big one actually controls it.  bitcoin On the otherhand is still evolving, many countries are still in 'wait n watch' step.   Bitcoin trading is heavily done at chinese btc exchanges. Thus whatever happens there has influence over the global bitcoin prices. Recent China govt decision to investigate the bitcoin exchanges caused bit slump in the bitcoin market. Thus for understanding the bitcoin trends you may want to keep an eye on those important exchanges and political situation as well. If there come another exchange capable of significant impact then understanding of that helps a lot.
There are lot of speculations about the way trade happens in chinese exchanges. Understand that point as well.
Many who have recently joined bitcoin are preferring to hold the bitcoins rather than trade. As per them in coming years bitcoin price will skyrocket to some million dollars.

you try to look at the following link, this may be very helpful there who are still newbie ..

https://www.youtube.com/watch?v=40euNfWpXB8

https://www.youtube.com/watch?v=yGxRayvAQvk

I think it helps you to those who are still newbie

[wintermeasures]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

Yes you are Right Bitcoin and Altcoin Trading is Unpredictable and If you want to Succeed in Bitcoin and Altcoins Trading then you need to have Knowledge about trading and You will Get Experience automatically when you start and Do Some Trading But I Suggest you to Firstly Take Some Advice from a Experienced Trader to avoid Mistakes.......

[hexiuss]

If you have a polo account I'd look into lending small amounts during spikes, since spikes trigger short-selling bots and cause a temporary surge in demand of certain coins. You can lock in a decent interest rate as seen by the recent dash spike. I was seeing 1-2% roi.

Alternative is learning technical trading indicators, following pumpers on twitter, or following one of the multitude of 'methods' you find on the line.

[btcdiggingmaster]

Apart from gambling, trading is best idea because here we can easily analyse the market with experience. In beginning you may loose some money but once you are familiar with analyzing than you will make money easily with little amount of money. So start with little amount money and start finding the good one.

[maydna]

Apart from gambling, trading is best idea because here we can easily analyse the market with experience. In beginning you may loose some money but once you are familiar with analyzing than you will make money easily with little amount of money. So start with little amount money and start finding the good one.

i agree with you, as long as we can learn from our lose then i am sure we can increase our skills in trading and we can survive in trading, beside that the most important is we can make money from trading too. we need to practicing what we learn from the source and we need to do trading every day so we can mastered it soon. every people which is new in trading is doing this until they become pro trader, they doing with carefully when they make analyzing the coin and make sure you understand step by step before you want to do trading.

[joint venture]

I also start earn bitcoin from trading, i think bitcoin affectly from news not from candle analysis(i mean not yet predictable using candlestick). So far i implement technical analysis always got floating more than 3 weeks, its diffrent when i used fundamental analysis and got profit within 3-7 days.

[RJX]

Apart from gambling, trading is best idea because here we can easily analyse the market with experience. In beginning you may loose some money but once you are familiar with analyzing than you will make money easily with little amount of money. So start with little amount money and start finding the good one.

And in trading it's the same as with gambling: only play with money that you can afford to lose. As far as I know now isn't the best time to buy into the market as I think price will drop in the coming months due to the rise in price of the past weeks. Then again, I'm no pro trader.

[BTCmax24]

I have been studying bitcoin price movements for some time now, it seen market movement is different from that of forex. Like in forex fundamental analysis drive the price of currency, technical analysis proved little help. But in bitcoin market is mostly move by big companies adopting bitcoin and emotions.

Yeah, definitely right! Thats why i choose bitcoin trading instead of forex trading.