How to trade bitcoin(help)

[jeraldskie11]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

[1715236458]

1715236458

[1715236458]

1715236458

[1715236458]

1715236458

[1715236458]

1715236458

[1715236458]

1715236458

[xhomerx10]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

 buy and hod.  Sell at $1200.

edit: oops I meant hodl!

[OmegaStarScream]

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly.
If you want to trade with only BTC and fiat then the same rule applies , It's probably a little bit difficult as you have no reputation on the forums to start trading but It's always possible to buy from third party services and HOLD for long term. I prefer this method personally.

[jeraldskie11]

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly.
If you want to trade with only BTC and fiat then the same rule applies , It's probably a little bit difficult as you have no reputation on the forums to start trading but It's always possible to buy from third party services and HOLD for long term. I prefer this method personally.

So  I would start with Poloniex or bittrex. I can't really understand about trading cause its my first time but I will try my very best in this trading. Even it's my first, I hope it will be successive. I think in first of trading like me is hard to understand it but when I will grow with it, later on I would really understand it.

[clickerz]

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly.
If you want to trade with only BTC and fiat then the same rule applies , It's probably a little bit difficult as you have no reputation on the forums to start trading but It's always possible to buy from third party services and HOLD for long term. I prefer this method personally.

So  I would start with Poloniex or bittrex. I can't really understand about trading cause its my first time but I will try my very best in this trading. Even it's my first, I hope it will be successive. I think in first of trading like me is hard to understand it but when I will grow with it, later on I would really understand it.

Hope this simple guide can help you;

1. Open an account on the said exchanges mentioned by registering there.
2. Once you have your account and confirmed in your email, deposit any coin on your exchanges wallet ex bitcoin, or other altcoin.
3. If you have a bitcoin, you can buy any coins and then when price goes up, you can sell it. Or, if you deposited your altcoin,you can sell it at reasonable price you want.

4. You can repeat the process, Just BUY LOW and SELL High. Also as a newbie, just buy in small amount and just observed the price,if you lose its ok since its a small amount only but Don't Lose the Lesson.

[BAGOBO]

You can start buy bitcoin with your money or earn freely on faucet

Then try to check exchanger poloniex or bittrex ( most trust exchanger )

Try to analyze what altcoin that have a potential before decide to buy and sell when it already reach highest value

[serjent05]

And since you are just starting to trade you can search google on how to do an effective trading or much better if you can find someone to teach you how to trade.  A mentor that will show you proper way of trading for profit but finding one is a bit hard unless you are willing to pay someone to teach you.

[deisik]

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly

A bad idea for a total novice

A much better one is to stick with Bitcoin only, at least, until you get a better understanding of how trading works in general (though I would still stay from altcoins altogether unless you are exploiting a bullet-proof arbitrage opportunity). For a novice (and in fact, for other wannabe traders as well), I would recommend a lax cost averaging strategy which consists in buying and selling the same percentage of bitcoins for every given price change, set either in percentages or in absolute values

[Dahhi]

Yes I quite agree. A newbie trader would find it easier to sell bitcoins for fiat(i.e EURO, GBP, USD etc.) on exchanges like Kraken, Bitstamp, BTC-e and other sites like that.
When you understand how the market moves, then you can sell bitcoins for altcoins on Poloniex and Bittrex because Bitcoin/Altcoin trading requires smart trading skills to be successful most of the time.

[Pursuer]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

for the place to trade it depends on what you want to trade, for bitcoin/usd there are bitfinex, bitstam, kraken and btc-e where you can start trading with fiat.

for trading bitcoin/altcoin you can choose poloniex, bittrex or c-cex.

choosing which one depends on where you live and after you read their rules (TOS) and fees and possibly their methods of deposit and withdrawal for fiat.

about how to trade I have to say you should start with a small amount or no amount and just play with a excel spreadsheet for a while to learn how you can make any profit then invest small amount and grow it over time.

[traderethereum]

If you want to be involved in BTC/Altcoins then you should start from Poloniex or Bittrex. The rule is pretty simple , you buy low and sell high. I'm probably making it sound easy while It's not , you should invest in ICOs and alts that have big potentials to grow like ICNs or Safecoins and not just invest randomly.
If you want to trade with only BTC and fiat then the same rule applies , It's probably a little bit difficult as you have no reputation on the forums to start trading but It's always possible to buy from third party services and HOLD for long term. I prefer this method personally.

So  I would start with Poloniex or bittrex. I can't really understand about trading cause its my first time but I will try my very best in this trading. Even it's my first, I hope it will be successive. I think in first of trading like me is hard to understand it but when I will grow with it, later on I would really understand it.

its good to choose poloniex and bittrex and i think it could suit for you. don't think too hard to understand, just take a look on one coins for first, then take a look in the history trading market, watch the trend of the coins, make a decision in what price you want to buy, i suggest better you place your order book in second place in order book or third place order book. wait until your order book is filled, then if already filled, you can set it up on sell the coins in prices you want. of course you should take a profit for this, no problem if its only small profit, later you will learn in how to make big profit. but better to make small profit but we can get it over and over.

[kidoseagle0312]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

If you are a neophyte in this field of industry, I suggest you to buy at low price then trade/sell at high price, or you can hold your bitcoin after you buy it then sell it when it reach 1000$ that's the time for us to sell our bitcoins.

[thebatletbet]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

trading is easy only buy in low price and sell in high price, but very dificult can take profit

what do you want trading bitcoin use pair fiat money or altcoin
if you want trading altcoin is good trading site
1 poloniex
2 bitrex
3 c-cex
4 cryptopia

if you want trading use pair USD you can trading
1 coinbase
2 btc-e
3 bitfinex
4 bitstamp
5 kraken

[Idrisu]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

To make money in bitcoin trading you have to be skillfully in currency trading generally. You should have in mind that trading generally involved a lot of risk and you most know money management principle, risk to reward ratio, fundamentally analysis and technical analysis. For bitcoin site yobit, poloniex are some of the best site. You can margin trade or arbitrary trade on those site. Wish you many pips

[xuan87]

in order to trade you need to create account in trading website, there are some reputable trading like bittrex, poloniex and ccex, and then deposit your bitcoin and you can start to trade, that is the step to trade, now the difficult part is how you are going to earn from trading, to start earning from trading need skill and experience, I always suggest to start trading with the small amount, you will be able to learn faster if you do it directly, then you need some guides from internet and books, to see the term they used for trading and where to find updated news about bitcoin and other alt coin

[bitbunnny]

I would suggest Poloniex, it's good exchanger. Maybe it looks a bit scary at the moment because everything is new to you and you don't have any experience but you will learn with time. The main rule is buy low, sell high. It sounds very simple but in practice isn't realy, it takes time until you get the feeling. You can also find some useful informations here on forum from experienced members. Good luck!

[icecube45]

Where you should start trading bitcoin I think it does not need to be discussed because it has many users who suggested a few places to start trading, and they already provide appropriate recommendations. To start a trade is difficult because it requires understanding to understand the trade. I'm sure many traders at the beginning to start trading will certainly experience difficulties and losses. It is natural and advisable to make trades in small amounts to minimize the amount of loss, if you are already able to get profit in a row you can use in large amounts. To get experience and reputation in the trade takes time and you must be able to learn the trade piecemeal. I'm sure you will gradually find a strategy that suits you

[talkbitcoin]

I am new to trading. I don't have an experience and reputation about trading and that's why I'm here for asking a help to an experienced person.
Can you give me an idea on how to trade and where to trade?

where? on an exchange service. you can find many of them online, choose one that is offering service to your country and is legit.

how? it is a long thing to explain and it is not possible to fit in one comment. i don't even know where to start. you technically buy low and sell high. for learning how to trade there are lots of good resources online if you search for them and they can explain trading a lot better than any of us can on the forum.

[lakisis]

i am a well experience trader and firstly i trade with altcoin but i faced to loss many time but now i start trade with bitcoin and i get a huge profit from bitcoin by monthly base and bitcoin trade has no risk and everyone know that bitcoin is very useful and profitable currency.

[aardvark15]

You will need to transfer some Bitcoin to an exchange. There are several exchanges that are recommended on other topics. I use Poloniex, but there are others like Yobit, etc. After you get your bitcoins on an exchange, put in a sell order for the price you want to sell Bitcoins and for the coin you would be buying.