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Author Topic: Sold all my gold stock, Bitcoin trading now  (Read 1055 times)
digitokash (OP)
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January 20, 2017, 09:28:10 PM
 #1


What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list of best places to buy.

Thanks in advance for your feedback. thanks.
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JeffBrad12
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January 21, 2017, 12:23:17 AM
 #2


What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list of best places to buy.

Thanks in advance for your feedback. thanks.



Bitfinex, Kraken.

http://coinmarketcap.com/exchanges/volume/24-hour/

If you're trying to tap it on the all of the exchange list and xbtce will be the first one.

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January 21, 2017, 03:16:10 AM
 #3

poloniex.com recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com and https://yobit.net also included in my recommendation.

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Immakillya
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January 21, 2017, 06:12:12 AM
 #4

poloniex.com recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com and https://yobit.net also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.
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January 21, 2017, 06:37:11 AM
 #5

poloniex.com recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com and https://yobit.net also included in my recommendation.

OP is talking about "bitcoin" trading not "altcoin"
poloniex and bittrex are both good altcoin trading sites, and they both have USDT which is not dollar but an altcoin with the same USD value.

yobit has fiat but their markets are dead, the site is shady, they fake pump everything and the orders are also fake most of the time.
it is not recommended at all.

@OP if you ask me it is never a good idea to go full in bitcoin unless you have a very small amount of money to invest that diversifying it is not wise!

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January 21, 2017, 06:43:48 AM
 #6

poloniex.com recommend, in poloniex have less altcoin than other sites but the movement is very crowded transaction and many use this site. https://bittrex.com and https://yobit.net also included in my recommendation.
Yes. He can try bittrex.com and poloniex.com. i would not recommend yobit because he is new at trading. Yobit gui is very confusing. Not user friendly for simple explanation. Thats why its not recommended for newbies. He can try c-cex and kraken also. Those are good trading flatforms.
i personally using yobit for a long time and nothing found wrong here, no doubt that c-cex and poloniex.com are also go exchange, providing good service to their customers, but i thing yobit is also  a trusted and reliable exchange you can trust on yobit for any limit. so i can also recommend yobit.
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January 21, 2017, 07:10:40 AM
 #7


What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a list of best places to buy.

Thanks in advance for your feedback. thanks.
Those your list are very ok for trading platform. Platform only contribute little for successful trading as you can easily google them, reviews those site, come up with your own judgement. But what traders should be concerned is the knowledge, skills and information needed to trades professionally. Be it commodities, margin or leverage trading, forex and cryptocurrencies; trading market are the same- same fundamental and technical analysis, same emotions, same indicators and same platforms.
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January 21, 2017, 07:51:20 AM
 #8

you cna also trade forex commodities and other fiat market with bitcoin, on website like 1broker, simplefdx or whaleclub

they offer a good leverage and support, the only problem is that they have not enough funds to cover everyone going on one direction(shorting) instead of another(long)
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January 21, 2017, 08:41:38 AM
 #9

You can use Poloniex and Bittrex, Poloniex have high volume trading and many altcoin who still have support from developer listed in Poloniex  you don't need to worry you can choose altcoin who have high volume so you can see your trading will go very fast, buy or your sell order will execute in fast. But in Bittrex you need to be carefull when trade in altcoin new because altcoin new sometimes in short time will be a garbage.

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January 21, 2017, 08:53:36 AM
 #10

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.

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January 21, 2017, 09:23:38 AM
 #11

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


Good point been raised by onrise, Why would you put all your eggs in one basket, Gold is an investment that is more than 5000yrs Old and has proven overtime it is a sure bet, and trade that for BTC that is not 10yrs Old and so many uncertainties surrounding it. Though BTC is outperforming GOld recently, but the wise decion should have been to split your investment fold into both
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January 21, 2017, 10:29:23 AM
 #12

I can suggest for you is the c-cex and poloniex just remember that invest in high volume coin is high risk and invest in legit coin is the low risk because the high volume coin can be dead coin anytime. So I would like to suggest that trade only in legit coins. And Dont forget the buy low sell high method to earn large profit. Invest you afford to loss is a must.
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January 21, 2017, 10:35:33 AM
 #13

Simplefx, use their MT4 platform, you can learn first thru the platform, it's make easier to use an analyze with MT4 platform, because there are have useful tools.
Also have various btc pair, you can trade ETH too if you want.
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January 21, 2017, 11:01:07 AM
 #14


What is the best bitcoin trading site? any why?

I've came across a few but haven't decided on one yet.

I plan on documenting my results and sharing with everyone.
Ive already came up with a snipe of best places to buy.

Thanks in advance for your feedback. thanks.

what do you want pair in bitcoin trading
if use euro is the best site and the best volume trading in trading site is kraken
IF USD, btce,bitstamp,coinbase
in yuan huobi and okcoin
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January 21, 2017, 01:22:50 PM
 #15

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


What's been quoted is all about the unpredictability of bitcoin. But bitcoin as the potential investment gives you the profit in a very short term than gold or other forms of investment. I won't think that bitcoin gets vanished in a short or within a day. Without doubt you'll get assured earning for the gold you sell and invest with bitcoin.

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marcoman22
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January 21, 2017, 02:39:57 PM
 #16

Best exchanges for altcoin trading are Bittrex and Poloniex. Bittrex is very much user friendly and it lists lots of newly launched altcoins so that trading options are more. Selling all gold and investing in bitcoin trading is highly risky.Better invest half of investment in bitcoin.Hold it as long term investment and dont expect short term returns. It would be safe to invest in 2 years old altcoins but if you can find the under valued altcoin which is newly released, you can gain huge profits.
layoutph
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January 21, 2017, 02:49:35 PM
 #17

I am with you, If I am in the safe position I will also sell my gold and turn it to bitcoin.. Enjoy the trading profits as the value of bitcoin is in the bullish position going to the moon!

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


What's been quoted is all about the unpredictability of bitcoin. But bitcoin as the potential investment gives you the profit in a very short term than gold or other forms of investment. I won't think that bitcoin gets vanished in a short or within a day. Without doubt you'll get assured earning for the gold you sell and invest with bitcoin.
PacePay
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January 21, 2017, 02:54:33 PM
 #18

I often buy bitcoins from local bitcoin, from a local exchange for my country and from yobit and these three are working better for me. I will suggest that you study a few exchanges and then if you find any one of them best for you use that platform for buying and for doing trade etc.
digaran
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January 21, 2017, 03:17:09 PM
 #19

There are plenty exchanging services that you'll be amazed and even might barf since their number is way too many for market such as crypto.

Cex.io
Kraken.com

Those 2 services I know that I can trust, you need to decide for yourself though. and you did a good thing to enter crypto (buying only bitcoin) you wont regret it.

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digitokash (OP)
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January 21, 2017, 05:48:32 PM
 #20

I do not think selling all gold and trading btc is a wise decision for a simple given fact that gold will exits even tomorrow but btc you do not know as its not governed by any authority or country may change its policies against this currency.


Good point been raised by onrise, Why would you put all your eggs in one basket, Gold is an investment that is more than 5000yrs Old and has proven overtime it is a sure bet, and trade that for BTC that is not 10yrs Old and so many uncertainties surrounding it. Though BTC is outperforming GOld recently, but the wise decion should have been to split your investment fold into both

I'm tired gold, bitcoin is the future so im much more attracted to it.

I have other investments, but im definitely looking more into bitcoin.
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