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Author Topic: So I want to get into trading.  (Read 9637 times)
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June 08, 2017, 08:19:15 AM
 #61

Depends a lot on how much time you have to trade or if you want to set long term sell/buy orders and keep discipline in letting the trades happen. If you want to stay online and watch every movement you must be prepared to take short term losses. Trading is easy, making profit is not!

Me? I just want to focus on simple earning.

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June 08, 2017, 08:39:09 AM
 #62

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?
Even you will wait for btc to get back at $2,000 you won't see it anymore. The correction is done already and the price is ready to fly to the moon. If I were you, just buy now and on how much you afford to lose. Many sees that the price is possible to get up to $3k so if I were you, don't wait for it to fly to $3k before buying.


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June 08, 2017, 08:44:04 AM
 #63

Depends a lot on how much time you have to trade or if you want to set long term sell/buy orders and keep discipline in letting the trades happen. If you want to stay online and watch every movement you must be prepared to take short term losses. Trading is easy, making profit is not!

Me? I just want to focus on simple earning.

Monitoring really eats up a lot of time when you got hooked with it.
I dont like doing that because I got some work to do.
A long term would really help so that I wont have to keep checking the price of one altcoin.
Maybe he could do that too if the time is too important for him.
An android application where they have alarms for a price that is set really helps.

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June 08, 2017, 08:55:46 AM
 #64

If you want to monitoring and search rofitable pairs you can use http://trade.btcprojects.website/ in moment you can monitor about 1000 pairs alt coins and make alert for what coin do you want
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June 08, 2017, 10:11:18 AM
 #65

Before you go into the world of trading my suggestion to you is first study all the altcoins and how will you trade and also when will you trade. Work smart also for you to earn a lot of money but there is a high risk in the world of trading.
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June 08, 2017, 10:33:54 AM
 #66

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?
Having bitcoin right now literally is very high so far, but if your gonna look forward about in the future that bitcoin will become 10,000$ you will never notice the value now is high instead its cheap. However, before end of this year it will really become 4000$ to 5000$.
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June 08, 2017, 11:14:18 AM
 #67

no need to predict , no one can know the future may be bitcoin will go to 10,000 usd , may be not
buy low , sell high = as simple
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June 08, 2017, 11:21:34 AM
 #68

no need to predict , no one can know the future may be bitcoin will go to 10,000 usd , may be not
buy low , sell high = as simple

It may be as simple as that but there are a lot of factors to consider to be able to make a successful "buy low sell high" trade. Status of altcoins, btc's price, the movements, its easy to say trading is as simple as buy low sell high but it takes a lot of effort to get the right timing to make profitable trades

 
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Capradina
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June 08, 2017, 12:07:51 PM
 #69

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 you need to study how the market work as you cannot really make it in trading without adequate knowledge on fundamental and technical issues on the asset you are trading. Expecting bitcoin to fell to this in just a  short time may not happen as you could have taken that opportunity last week.
Fundamental and technical analysis knowledge are very important to achieve success in trading. But we do see people are thinking about making money from trading but none of them focusing on learning phase of trading. I guess a trader always must focus on improving knowledge so that we can withstand any type of market volatility/fluctuations.

Well, it is basically trading is the place to get a lot of advantages. So when we want to get it then it must have some sufficient knowledge in order to be able to get a lot of things that are fun, extremely dangerous Trading if we just play in the usual way only. you need to know, trading has a very high risk. So when you play with mediocre everything could end in defeat
 
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June 08, 2017, 01:26:15 PM
 #70

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?

BTC will climb higher probably during this year, it may be slow or fast.
Trading is risky,
make decision for your self and do research first.
Compare the fiat get in the crypto, if reasonable then it is okay that the price is likely to be higher.
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June 08, 2017, 01:42:38 PM
 #71

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?
You should inititate trading altcoins if you want to take advantage of market more effectively as we can see that altcoins price are also increasing as bitcoin rises which is somehow inverse/different from what people are expecting.
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June 08, 2017, 01:45:48 PM
 #72

no need to predict , no one can know the future may be bitcoin will go to 10,000 usd , may be not
buy low , sell high = as simple

Yes, I agree that no one can predict 100% accurate results but still prediction based on scientific research gives us a direction of the possible trend movement and it helps in preparing the trading strategy. A recent news quoted that, some market research predicted that bitcoin will hit $100,000 within next 10 years and I agree that it may or may not happen but as we all know that it will move in upward direction in the coming future.
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June 08, 2017, 02:20:20 PM
 #73

no need to predict , no one can know the future may be bitcoin will go to 10,000 usd , may be not
buy low , sell high = as simple

Simple rules are the best, no need to use some advanced analysis techniques, formations or indicators. We have a bullish trend, no arguing with that, therefore every sell off should be used to buy. Period.
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June 08, 2017, 02:45:12 PM
 #74

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?
Even you will wait for btc to get back at $2,000 you won't see it anymore. The correction is done already and the price is ready to fly to the moon. If I were you, just buy now and on how much you afford to lose. Many sees that the price is possible to get up to $3k so if I were you, don't wait for it to fly to $3k before buying.
I won't say it never, because something could be happen which cause bitcoin price crash such as a big exchange get hack.
But for now bitcoin still has steady increase and more likely to rise than fall down.
If you want to wait until bitcoin price decline, than it may take months. Better to buy small amount of bitcoin whenever a dip occurs,  and start trading.
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June 09, 2017, 09:19:44 AM
 #75

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?
Even you will wait for btc to get back at $2,000 you won't see it anymore. The correction is done already and the price is ready to fly to the moon. If I were you, just buy now and on how much you afford to lose. Many sees that the price is possible to get up to $3k so if I were you, don't wait for it to fly to $3k before buying.
I won't say it never, because something could be happen which cause bitcoin price crash such as a big exchange get hack.
But for now bitcoin still has steady increase and more likely to rise than fall down.
If you want to wait until bitcoin price decline, than it may take months. Better to buy small amount of bitcoin whenever a dip occurs,  and start trading.

If you will have an analysis base on the chart of bitcoin, many crashed had done and it rose again afterwards. And if ever there will be some sudden crash very soon, I know that it will make a pump again in the future. That's I believe with every single move of bitcoin today, we will see the dip but in return it will fly up to the moon.


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Jody.Drummer
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June 10, 2017, 06:49:25 PM
 #76

Collecting bitcoin from ico bounty results, forwarded to trade to get better result.

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Bagaji
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June 16, 2017, 02:30:44 PM
 #77

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 loosing value below $2000 will really create a great avenue for people to buy at the cheaper rate and sell when the market value increases. But based on the recent development and the current bitcoin price it will be difficult for the value to move below  $2000. I believe is better to buy at the current market value now, than to wait  with the hope that it will fall below $2000 which will  never come.
isen99ono
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June 16, 2017, 08:14:20 PM
Last edit: June 16, 2017, 08:48:28 PM by isen99ono
 #78

Collecting bitcoin from ico bounty results, forwarded to trade to get better result.
Yes it is also a good choice, but what if it turns out ico we follow ended scam? No bitcoin results we received from this bounty. But this is still a good choice in my opinion as well, collect bitcoin from bounty ico and start trading from the result.
Bitcoinsummoner
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June 16, 2017, 11:21:52 PM
 #79

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 loosing value below $2000 will really create a great avenue for people to buy at the cheaper rate and sell when the market value increases. But based on the recent development and the current bitcoin price it will be difficult for the value to move below  $2000. I believe is better to buy at the current market value now, than to wait  with the hope that it will fall below $2000 which will  never come.
Much better to buy than waiting below $2,000 price that i think its hardly touch that value we heard many news about segwit and BIP148 that i think bitcoin can improve much better that can push the value of bitcoin more in few weeks or months.
For ethereum i think better to wait for the price down if you are planning to buy ethereum the price right now is overvalued.

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Sled
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June 17, 2017, 01:43:51 AM
 #80

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 loosing value below $2000 will really create a great avenue for people to buy at the cheaper rate and sell when the market value increases. But based on the recent development and the current bitcoin price it will be difficult for the value to move below  $2000. I believe is better to buy at the current market value now, than to wait  with the hope that it will fall below $2000 which will  never come.
Much better to buy than waiting below $2,000 price that i think its hardly touch that value we heard many news about segwit and BIP148 that i think bitcoin can improve much better that can push the value of bitcoin more in few weeks or months.
For ethereum i think better to wait for the price down if you are planning to buy ethereum the price right now is overvalued.
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.
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