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Author Topic: So I want to get into trading.  (Read 9653 times)
sujonali1819
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June 17, 2017, 07:28:22 AM
 #81

 I think ut is not good to waiting for tradding.Just start when you will be able for tradding.As soon as possible you can start tradding.

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June 17, 2017, 08:09:31 AM
 #82

I can say that just wait for the effect of the event in august 1 for bitcoin because it might go dump if things will not be well done and just resulted for a mess. In ethereum i think it is just a bubble and just hype because of the latest good to go ICOs that promotes good promises to their investors so it also makes the price higher but soon we will see a very huge correction in the price of ethereum. Just be patient and wait for the right time to buy, keep observing.
For getting into trading, in my opinion we do not need to wait for any event to happen. Only the long-term investors should wait for some big events to happen, a trader does not need to wait for those things. We can start once we are getting ready with skills set to trade and we should respond to the news and events accordingly time to time. But these things will be will get into different approach for the case of investments.

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June 17, 2017, 08:16:19 AM
 #83

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?

Did you caught up when the price of bitcoin was at $2,100? If only able to buy a single bitcoin by that time then you surely got almost $300+ profit today. And with the pump again, it's better that you buy now because it's now bound to get up to $2,700 and will possibly back again to that price. But if you think your good at eth, go.

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June 17, 2017, 11:30:13 AM
 #84

Getting into trading requires some  knowledge. Trading cryptocurrencies is not just the art of buying and selling just like the convectional trading.
 Cryptocurrencies and forex trading requires knowledge in both fundamental and technical analysis and there are a lot of avenues to learn it e.g youtube. forums and forexfactory. Knowledge of Japanese candlestick pattern and Price action is enough to know when to buy and when to sell.

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June 17, 2017, 12:39:21 PM
 #85

Getting into trading requires some  knowledge. Trading cryptocurrencies is not just the art of buying and selling just like the convectional trading.
 Cryptocurrencies and forex trading requires knowledge in both fundamental and technical analysis and there are a lot of avenues to learn it e.g youtube. forums and forexfactory. Knowledge of Japanese candlestick pattern and Price action is enough to know when to buy and when to sell.
Yes other than capital requirements for trading, one new trader must focus on gaining knowledge on trading skills before getting into this high risky yet profitable career. Trading will be good only when we are avoiding losses or at least keeping the losses at minimum levels. Otherwise long run in trading will not be possible.

Trading has some basic protocols on how to be started and how to be done for successful long run. When are breaching those basics, we cannot expect successful trading career.
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June 17, 2017, 04:03:52 PM
 #86

It is hard to predict price shifts of Bitcoin, altcoin market evaluation is even harder. The only clues we have are bitcoin related news.
But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.


Iy really want to get into trading, you must study the basic terms before  proceeding in the platform. And most of the time traders applied scalp for them to to get profit of bitcoin.
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June 17, 2017, 06:03:40 PM
 #87

It is hard to predict price shifts of Bitcoin, altcoin market evaluation is even harder. The only clues we have are bitcoin related news.
But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.


Iy really want to get into trading, you must study the basic terms before  proceeding in the platform. And most of the time traders applied scalp for them to to get profit of bitcoin.
I do not think scalping will be easy strategy of trading bitcoins. When a person first time entering into trading, I believe scalping will not be a suitable method to begin. In forex trading scalping might be a profitable way of trading but definitely not for highly volatile markets like bitcoin trading. Passive way of buying - holding -selling would be suggested to novice traders.
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June 18, 2017, 04:55:42 AM
 #88

Trading is not that easy game to play because it has a lot of big players who can eat your capital within a few minutes so it is better to be careful with your decision. If you want to get into trading then just register your account and learn the lessons thru experience because nothing can beat experience in terms of teaching people who to be better or the best.

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June 18, 2017, 05:10:09 AM
 #89

It is hard to predict price shifts of Bitcoin, altcoin market evaluation is even harder. The only clues we have are bitcoin related news.
But news alone is not enough to fully predict the price. I will give you an example: scaling upgrade is scheduled to be executed in August.
Normally this would be bullish news - but I expect that right before scaling upgrade will be initiated there will be mass panic.
Newbies, skeptics and care bears will liquidate short positions to get rid of BTC in case that something would go wrong.


Iy really want to get into trading, you must study the basic terms before  proceeding in the platform. And most of the time traders applied scalp for them to to get profit of bitcoin.

Agree. There are ton of tutorials over the internet the only you should do is to find them and learn them, If you are really eager to know how to trade then you should use the internet and also it is helpful if you have a friend that will guide you there are lot of groups in facebook that will give you a piece of advice in learning trading.



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June 18, 2017, 05:18:19 AM
 #90

Getting into trading requires some  knowledge. Trading cryptocurrencies is not just the art of buying and selling just like the convectional trading.
 Cryptocurrencies and forex trading requires knowledge in both fundamental and technical analysis and there are a lot of avenues to learn it e.g youtube. forums and forexfactory. Knowledge of Japanese candlestick pattern and Price action is enough to know when to buy and when to sell.

Considering OP wasn't even sure at what price to buy in to bitcoin I don't think he is ready yet to start trading. I suggest learning about the things I quoted above and additionally to start trading with a very small amount while you get your bearings and learn from your real mistakes.

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June 18, 2017, 09:08:56 AM
 #91

Maybe i'm new to bitcoin trading, but after i learned of course there is a difference between forex trading with bitcoin trading.
And right now i'm trying to learn about altcoin trading which is solution when bitcoin price increases like now, although with a little capital from the tap i've been doing for last 5 months i can get a consistent profit of 0.2% / day
And it seems to me a great benefit for a beginner.
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June 18, 2017, 10:40:29 AM
 #92

trading is all about adding you number of satoshi and not increasing dollar.. No one can certainly tell you if btc will rise from here or fall now but one thing is almost certain btc price will generally increase over time itz not yet at it pick.. best thing is to start now give no excuses. if at the end price goes up then  you will be glad you got in but if price goes down then you buy again for it will certainly increase again so for me its win win .. But if you are new  to trading i will advice to start with what you are comfortable losing because trading is not as easy and straight forward as it seems it has its pros and cons just like any other thing ..it takes time and some mistake to become a pro.. 90% of traders lost in their early stages ...
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June 18, 2017, 12:26:11 PM
 #93

Getting into trading requires some  knowledge. Trading cryptocurrencies is not just the art of buying and selling just like the convectional trading.
 Cryptocurrencies and forex trading requires knowledge in both fundamental and technical analysis and there are a lot of avenues to learn it e.g youtube. forums and forexfactory. Knowledge of Japanese candlestick pattern and Price action is enough to know when to buy and when to sell.

Considering OP wasn't even sure at what price to buy in to bitcoin I don't think he is ready yet to start trading. I suggest learning about the things I quoted above and additionally to start trading with a very small amount while you get your bearings and learn from your real mistakes.


I think livecoin have a demo account mode their and maybe he could try to used that and practice he's trading skill. And onced he learned on how to trade nicely then its about time for him to enter the real battle of trades and maybe by that doing surely he can get more profits from that but he should not take those certain instance of little flaws so that he could learn to defy it.

R


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June 18, 2017, 12:32:08 PM
 #94

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
This is the best time for you to buy btc. This day is best day to invest your money in the cryptocurrency world. I know you will earn a lot by investing in this time. I hope you will earn a lot of profit.
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June 30, 2017, 10:40:09 PM
 #95

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
Bitcoin will climd up to 3k$ fo sure, and it can be stop at all. Now if you want to get into trading you must study
and learn first the basic procedures in doing trade.  because without it, it will all be useless even your in the place of platform
I
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July 02, 2017, 10:30:42 AM
 #96

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
Bitcoin will climd up to 3k$ fo sure, and it can be stop at all. Now if you want to get into trading you must study
and learn first the basic procedures in doing trade.  because without it, it will all be useless even your in the place of platform
I

Well if you want to start, better buy btc now while it's a little stagnant at its current price. Hesitating may make you lose a lot of money in trading so you have to be firm with your decisions. If you've made your study about trading and you know which cpins to deal with, then start now

 
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airdnasxela
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July 02, 2017, 10:44:10 AM
 #97

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
I think it's better to buy now while the market in crypto currency is quite stable. Everybody are expecting massive pump in bitcoin and altcoins by august or september as segwit gets activated. This event can help to develop the crypto currency adoption.
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July 02, 2017, 10:49:00 AM
 #98

If you're really just wanting to get into trading then you already know the obvious: you need to get BTC. Its price will be almost negligible for you at the moment and these are why:

1. You want to trade crypto, and it is their values against BTC that you will be wanting to look at. BTC's fiat value is not important. In fact, most alts rise and dip against fiat in the same pattern that BTC does.
2. You want to gain BTC from trades, not fiat. Focus on this first. If you make enough profit on BTC, whatever fiat value it loses would be offset. If fiat value rose, you gain that much more.

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stergium
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July 02, 2017, 11:34:04 PM
Last edit: July 04, 2017, 01:57:40 AM by stergium
 #99

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
I think it's better to buy now while the market in crypto currency is quite stable. Everybody are expecting massive pump in bitcoin and altcoins by august or september as segwit gets activated. This event can help to develop the crypto currency adoption.
I think most of the people have the opinion to buy bitcoin in the current price because it is trading in low price right now but will not wait for a long time here, therefore it is better to trade bitcoin right and then wait for the price. I myself waiting for the price then it cross 5000$.
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July 03, 2017, 03:51:16 AM
 #100

Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?


I think the bitcoin price is still unstable is still likely to go down or up, but if you have interest to trading with bitcoin can start from now to buy it. I think if have ability to trading it seems no need to wait bitcoin price down.
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