Hi Everyone,
I am a newbie here and I want to start buying and selling bitcoins. I think, I can somewhat understand how to trade, buy low and sell high. I have googled, watched youtube videos, and read forums to get familiar. But I have not came across which website for a newbie to actually start trading bitcoins. I did go to coinbase and started my verification process and also localbitcoins.com, when my account is verified I plan on making my first trade. I just want to make sure I'm taking the right steps and hope I can just get some good pointers from the experts. So my questions for you all is:
I only do plan on paying $25-$50 worth of bitcoins for my first few try's, is that even sufficient?
What's the best websites to buy and sell bitcoins?
How long did it take you to get familiar with trading?
How much did you loose the first time you traded?
Did you gain a good profit?
Can you turn this into a day-time job?
Thank you all for taking the time to read my new topic!
i think its good if you want to try with that amount, because you still need to learn with trading itself. with doing trading over and over, i think you can prepare to make another deposits and you have experience so you can make analysis by yourself.
each websites have positive and negative review and its depend on each traders to select the websites, my suggestion is you can try with btcstamp, kraken, btc-e, ghash.io, bitfinex, itbit, okcoin etc. try to compare between that sites and see what sites you are feel you can do with easy.
its depend on how much you do trading in a day because the results for every people is different and we should have a will to learn in trading. i can't remember how much money i loose in my first time trading but i consider that is for my first lesson in trading.
of course from time to time i am doing trading, i gain a good profit but i would not telling you the amount
i think trading is become my day-time job beside of my full activity in a day and until now, i think i can handle with good.