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Author Topic: So I want to get into trading.  (Read 9580 times)
tegacoll86
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October 08, 2018, 08:04:28 AM
 #461

Now a very serious equilateral triangle has formed, and no one knows which way he will shoot. Personally, I think that down and we will see 4-5 thousand for one bitcoin
Bitcoin normally does not move with the candles and triangles and it always make unexpected moves. No one is sure from where it will move from here. Bitcoin is near 6500$ for last two months and now it can move in either direction.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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arnaudel98
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October 08, 2018, 08:34:18 AM
 #462

Now a very serious equilateral triangle has formed, and no one knows which way he will shoot. Personally, I think that down and we will see 4-5 thousand for one bitcoin
I do not see 400 or 5000$ bitcoin price. I think 6000$ is the lowest which bitcoin has already touched and now bitcoin will move further up. Also consolidation is being done these days and people are keeping their bags fill of bitcoins at current price.
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October 09, 2018, 12:41:34 PM
 #463

I don't think that BTC will go that low. If you have tracked its changes, you have probably noticed that its lowest position was around 5.800. I agree that it's hard to predict how the price of Bitcoin will change. But if I were you, I wouldn't wait too long just to enter the crypto market. I would choose the exchange among the user-friendly platforms with global country coverage, like CEX (https://cex.io/), and start buying and selling.
sevenjoy
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October 13, 2018, 11:20:30 AM
 #464

Now when people first get into cryptocurrency they tend to buy and hold. But one thing they don't understand is buy and hold us great for long term profits but in the short term your earning nothing. By day trading or swing trading you can maximize your profits on down trends and uptrends. Although this may seem intimidating to many people who have never looked and a candlestick chart before it's not that complicated.
Now this may seem obvious to Many but it's really not much more complicated than the the term "BUY LOW-SELL HIGH". If you look at a candle stick chart and you realize a downtrend in a certain period of time and you predict that it will go back up than BUY LOW. Keep watching it till it goes up and SELL HIGH. One thing to remember is sometimes you have to cut your loss so setting a stop loss can be a good tule to use.
It is good that you want to start trading. Hope that you have gotten experience and knowledge about crypto trading before jumping into it. Crypto trading is very technical field and you must prepare yourself for good and effective trading to avoid big losses. Don’t make early and immediate decisions of selling or buying and make sure that it is good decision and the time is also the best.
Japinat
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October 25, 2018, 02:15:15 AM
 #465

Personally I think that now is not right time to buy. Now is time to sell. So as I think there is opportunity to sell all cryptocurrencies and rebuy on te lower prices or just open short positions. Because I think next 9 months we will see Bitcoin price under $2000 and Ethereum lower than $80.
I believe it will not happen, we have already seen the price is stable at $6K, so this should be the floor.
I am in opposite of your prediction, I believe it's a good price to start for the coming bull run so it's the time to buy since price were down significantly.

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Kurevazeyo
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October 26, 2018, 03:34:12 AM
 #466

I think, to enter and start trading you don't have to wait for bitcoin because you can buy other coins and if you want to buy bitcoin then you can buy according to the money you have and you can even start trading with a small amount
Trading bitcoin can start now without waiting any longer. No need for large capital, small capital is also enough to learn while practicing. Trading bitcoin is very simple, buy bitcoin now and wait for prices to rise then sell. It's the simplest, but effective strategy.
nydiacaskey01
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October 26, 2018, 03:41:06 AM
 #467

Trading bitcoin can start now without waiting any longer. No need for large capital, small capital is also enough to learn while practicing. Trading bitcoin is very simple, buy bitcoin now and wait for prices to rise then sell. It's the simplest, but effective strategy.
It's not as easy as you think it is. It's not as simple as Buy now, Sell later. Thats why there's a lot of those who jumped into trading and left empty handed because they lack knowledge in the basics of trading. At first you may think that its very easy specially if you are into day trading, but looking at charts and understanding them more will give more gains than just guessing when to exit. Invest in knowledge first before you start investing in cryptos.
manggis97
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November 17, 2018, 01:24:27 AM
 #468

Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential  to going up because the price oversold.  We have to use stop loss in trading because level support can be resistance,  the price of crypto really unpredictable so we have to create better management of risk.

yanesna3
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November 17, 2018, 04:57:38 PM
 #469

Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential  to going up because the price oversold.  We have to use stop loss in trading because level support can be resistance,  the price of crypto really unpredictable so we have to create better management of risk.

Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up.
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November 17, 2018, 05:19:14 PM
 #470

Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential  to going up because the price oversold.  We have to use stop loss in trading because level support can be resistance,  the price of crypto really unpredictable so we have to create better management of risk.

Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up.


Before stat trading you need to learn something like that you had enough money to invest and you have enough time to manage your trading business to the higher level otherwise the money that you are invested definitely last and the time will be definitely waste so think and make decisions.

CryptoPowerL
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November 17, 2018, 05:26:39 PM
 #471

I am not surprised at the next bitcoin price drop. Every time I thought that there was no place below, but the market never ceases to amaze. Technical analysis in such a young market does not work well, unfortunately
LuvCyanide
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November 17, 2018, 07:58:23 PM
 #472

I can't believe there was such a coin value last year. I don't want to go back to that level.

bedford1972
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November 17, 2018, 08:19:00 PM
 #473

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?
A year ago, I thought like you. I didn't understand how to operate in this market. But I was lucky, I have a knowledgeable person who helped me to understand the essence of what is happening. Remember, the price will never be low enough to buy and high enough to sell. I liked this phrase very much and I often use it. Use the ladder scheme, so you can competently buy and sell assets. Buy and sell parts. If the price falls, then buy the same amount as before. If the price falls still, then buy it in 2 times more moreover, that you bought. So you can lower the exit price of the asset when the price goes up. If the price rises, then sell at least the part you invested. You'll be working at a profit by now. The main thing is never be greedy. Even 5% profit is already profit. Good luck!

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November 17, 2018, 11:50:55 PM
 #474

Very hard to predict the future, but to start trading when all crypto dumped more than 80% will be good times because the price has potential  to going up because the price oversold.  We have to use stop loss in trading because level support can be resistance,  the price of crypto really unpredictable so we have to create better management of risk.

Of course, the risk that you can fail is still very high. However, it is really the truth - the prices of the cryptocurrencies fell a lot. Now, the time of the bull run will come, and the tokens will go up.
To start trading is to set plans, goals, priorities, and most of all is to be prepared. It is important that we are knowledgeable in what we are dealing with. Knowing what to expect, and what tools you need, will help prepare you so your entry into trading goes as smoothly as possible. Acquaint yourself with trading ideas, study the market, consider finances,  and establish your purpose for trading.
shulc7
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November 20, 2018, 03:40:44 PM
 #475

I am not surprised at the next bitcoin price drop. Every time I thought that there was no place below, but the market never ceases to amaze. Technical analysis in such a young market does not work well, unfortunately

Soon, you will be surprised how fast Bitcoin has recovered. I am sure that many fellows here will support me - BTC is the cryptocurrency that will be growing all the time. Sometimes it can drop but not for a long time.
pant-79
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November 20, 2018, 04:29:36 PM
 #476

As you can see, the price of Bitcoin from the moment of writing the post until today has dropped by about $ 3000. So now is a great time to buy. There is a possibility that the price will fall even lower, but in this situation, I would not recommend waiting for the bottom, since everything can change very quickly. At some point, rapid growth will begin and you just may not have time to buy Bitcoin.
prashanta
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November 20, 2018, 04:37:52 PM
 #477

I can't believe there was such a coin value last year. I don't want to go back to that level.
You actually need to do your studies and apprehend what you're going to input. There are specific levels of market cycle and you want to see them in the course of the acquisition.
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November 20, 2018, 06:24:02 PM
 #478

you better didn't get involve from Jan 2018 till now , Market has lost most of its volume from then and we don't know how much more it can lose its volume , I hope you have not involved that then!

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November 20, 2018, 11:50:35 PM
 #479

If you think it is too high only buy a small amount with a plan to buy more if it goes lower. This way you will at least have some if it goes higher.

I don't think this is a problem of the high and low calculation when selling when we buy when it is high whether later when we sell it will exceed the price of the purchase, because everyone knows the price of bitcoin when it falls does not take a long time but if it goes up it's not playing our time to wait, so in essence our calculations do have to be right don't just go away.
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November 21, 2018, 12:29:49 AM
 #480

If you think it is too high only buy a small amount with a plan to buy more if it goes lower. This way you will at least have some if it goes higher.
maybe start buying in a gradual way, because with a small budget by pushing yourself to big soon can have very bad consequences for our finances, buying and selling crypto currency is not binding so it gives freedom for beginners to trade anytime and with our budget able to trade, only input in step, that is, this is only a business, so profit and loss have no guarantee whatsoever.
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