How to trade bitcoin(help)

[chaser15]

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?

From what trading knowledge you have been now so far? Like ideas, basics etc.

This is to sort things out and we will not start from the scratch which will lead you for some boredom because there are some technical terms which will you encounter. Why I assume that boredom will strikes you if you just starting? Since you are looking for now an experienced person which actually just an option if you want to start from trading. First, self study then seek an advice then self study again.

Lots of suggestions now have been posted so I will just add that "for now" trade and focus only on one asset before doing multiple trades at the same time. I like to sugest that you start first at bitcoin trading since manipulation here is not that heavy compare to altcoin trades. The concern now is that you have to start at decent amount to feel the profit at bitcoin trading but as a trial you can start at low amount. After acquiring knowledge from this then you can jump at altcoin trading. Just don't be rush and learn slowly as you progress.

[CraigWrightBTC]

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?

Many source of trading discussion on this board, you must read carefully before made new thread because your question are low details, what do you plan to trading altcoins or trading bitcoins to fiat? And many markets for trading altcoins and bitcoin, i am sure you know about it, for the first in my suggesting choose what will be traded altcoins or bitcoins.

[Coinduet]

Trading is a good way for increase your Bitcoin. But for trading you need a good skill on it.
First you need to know how to pump and dump Altcoins (You can this tutorial : http://coinduet.com/index.php?p=/discussion/62/how-to-pump-and-dump-an-altcoin#latest )
Then you need to know which Altcoins is going up and then start your trading.
Here is a full trading guide you can see it : http://coinduet.com/index.php?p=/discussion/48/how-to-earn-1-bitcoin-per-week-yobit-trading-guide#latest

[Yuuto]

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?

Well, to be honest it isn't the brightest idea to try trading as a newbie because you are likely to get sucked in with outrageous claims made by people that are trying to get money from you(ICO scams especially.)

If you are just looking for a good online altcoin trading website, try poloniex. Method? Buy low sell high.

[OmegaStarScream]

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?

Well, to be honest it isn't the brightest idea to try trading as a newbie because you are likely to get sucked in with outrageous claims made by people that are trying to get money from you(ICO scams especially.)

If you are just looking for a good online altcoin trading website, try poloniex. Method? Buy low sell high.

Someone should clearly be able to spot a scam and make a different between a legit and non-legit ICO otherwise he is screwed. It's not that hard though , It's all about the marketing and how effort the developers and managers has put in the project , escrows is something else that everyone should look at.
As for Poloniex or other exchange , then those Altcoins logically came from ICOs so someone should once again use his brain (mostly If he is investing for long term) while buying and selling.

[btcdiggingmaster]

Very new to trading means you need to learn many things about trading with experts answers, Trading is an easy job to say buy low and sell them at high price. When you are trading with altcoin you need to be very careful because there are scam coin out there. Daily you need to follow altcoin section and speculation section about coin.

There many people discussing about the current situation of the market and the altcoin. My suggestion better you find some best coin in poloniex only. it is one of the finest exchange where you can find some good with good volumes. Better daily go through the speculation section of altcoin you will get an idea.

[Potato Chips]

To put it simply, trading is a buy low sell high process and there are two kinds of trading, First is Btc to fiat. You can try selling them in person but selling online is the most common way.  Sites like localbitcoins, coinbase and bitfinex offers this service or you can just do it peer to peer here but since you are not reputable user you will have to use our escrow services.

The second one is Altcoin trading which is more complicated especially if you're a newbie because there are tons of them and yes many of them are just a scam so there are risk that they might just dump.  You can use poloniex for this and don't forget to watch the market , you can try investing in the top 5 altcoin in the market.

[hajimasan]

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?

As you said above that you are new at trading then I want to suggest you that firstly get some knowledge about trading and then start trading with some small amount of money and you can do trading on Yobit.net, Poloniex.com and also its very simple rule in trading buy low and sell high.

[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 newbie here, I could suggest you to join in the signature campaign first. Just do the proper procedure of their rules and policy that they have. Then after 1 month they will you the bounty or incentive that can you earning bitcoin.

[hajimasan]

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?

There are two types of Bitcoin Trading and I will tell you the both types, you can try out the one suits you:-
1) You can Buy Now and Hold for Some time and then sell e.g. Buy Bitcoin at 700$ Now and When the price Increases sell it.
2) Or you can Buy Bitcoins and Sell them to a particular person who want to buy Bitcoin and you can find people to Sell your Bitcoins on Localbitcoins.com Or here in the currency Exchange Section of this Forum But I prefer to Use Localbitcoins.com

[eaLiTy]

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?

You do not need reputation to trade. For me i do my trade with the help of kraken its a clean and neat trading platform, first chose you favorite site to begin with as there are a few trading sites to chose from Kraken ,liqui ,Poloniex or bittrex to name a few. The basic of any trade is buy low and sell high and take a look at coins like ICN and new promising coins to invest your money and have a safe trading experience.

[marketone]

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?

As you are newbie if i say all the things at a time you will confuse a lot, many people have the same idea is buy low and sell them at high is the only concept in trading, but if you want to trade in big exchanges like poloniex, bittrex you need to learn lot of things. Better my suggestion invest small amount in small exchanges like yobit, c-cex you can trade in those exchange. Check in altcoin announcement which one is best for you you go there. what are their price speculations. If you loose also don't worry, the person who is ready to loose will always learn new techniques.

[davis196]

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?

No experienced person will help you just like that for free.

The best way to learn is from trial and error(unfortunately).

Do you want to trade bitcoin/altcoins or you want to trade bitcoin for fiat money,gift cards etc.?

[MMA]

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?

As you said above that you are new at trading then I want to suggest you that firstly get some knowledge about trading and then start trading with some small amount of money and you can do trading on Yobit.net, Poloniex.com and also its very simple rule in trading buy low and sell high.

yes that is so much important, i think you first need to learn and get good knowledge about trading and if yo you are going for trading then you need to invest a very small amount of bitcoin for trading in start, and after that you can invest good amount in trading.

[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 really a neophyte in this field of industry the only thing I could say on you is that your doing the right thing by asking anyone who are member in this forum. As you going to observe many of the newbie here they start simply by joining in the signature campaign and some are starting from trading, so from doing trading you must often read in the trading discussion and get some tips of idea in the different commentator in here for you to learn into it.

[JariKriting]

if you newbie is must learn about trading before real trading
first you can low capital money, you can get dogecoin from faucet
and then collect 1000 dogecoin you can try trading in poloniex, bitrex,c-cex or another exchanger support dogecoin, first you collect dogecoin deposit to exchanger, and then dogecoin in resistance price you can sell and dogecoin down to support price you can buy again
you must learn support price and resistance price,

you must have sklill and much experience can get constant profit in trading

[audaciousbeing]

As a newbie myself in the world of trading in which I have got bitten too, I think the problem is not actually to create account as anyone can do that or to buy low and sell high as that is what we all wanted to achieve even the legends in trading but the issue is about the timing as well as the right stock to put money in. As this is the only difficult and the cause of failure in gambling as we are only predicting and nothing else.

[ikydesu]

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?

https://99bitcoins.com/newbies-guide-trading-bitcoins/
www.forexnews.com/bitcoin-trading/

You can trade directly using exchange service or through platform like MT4.

There are 2 strategy which you can use for trading, Fundamental and Technical, both is related each other, but if you feel 1 is good enough it's up to you. You can search more about such strategy, there are deep learn for understand it(i'm still learning too).

And i think for learn trading purpose, use MT4 platform, they provide demo account which you try with virtual money, also you can use indicator for help you to analyze the chart.

[burner2014]

As a newbie myself in the world of trading in which I have got bitten too, I think the problem is not actually to create account as anyone can do that or to buy low and sell high as that is what we all wanted to achieve even the legends in trading but the issue is about the timing as well as the right stock to put money in. As this is the only difficult and the cause of failure in gambling as we are only predicting and nothing else.

that is why we have to focus in trading if you want to success here, make sure you allot more time that you could so you can watch the market flow.
Back on op, I also used poleniex as trading. Just do sign up there it is easy to access so no need to worry.

[Hazir]

Someone should clearly be able to spot a scam and make a different between a legit and non-legit ICO otherwise he is screwed. It's not that hard though , It's all about the marketing and how effort the developers and managers has put in the project , escrows is something else that everyone should look at.
As for Poloniex or other exchange , then those Altcoins logically came from ICOs so someone should once again use his brain (mostly If he is investing for long term) while buying and selling.

It is not as easy as it seems. You are right that really poor quality ICO is easy to spot and diagnose.
Bad ICOs are characterized by: unclear goals without detailed roadmap, extensive emphasis of economic gain of investors instead of focusing on utility of a coin,
lack of transparency in communication between developers and community etc.

But from the other hand we had promising projects which went rogue - both because it was designed to be a scam (XPY) or due to lack of ICO management or project failing apart [DAO].