How does everyone trade?

[JohnBitCo]

Everyone trades using the same system the quarters up headquarters down. It's been used since economics has been around in the early 1930s when this system was first introduced. This is not a complicated thing this is not something special Bitcoin is considered a commodity and its price used to quarter up quarter down Theory.

[aoihs00]

I buy bitcoins from the coinbase which is my favourite wallet but not the favourite exchange by the way. I will start taking profits from this step only by grabbing the bitcoin at lowest possible prices. Then I go to livecoin and transfer funds over there. If I want to buy altcoins then I will buy ether first from the MEW and will transfer that, if I want to trade against the ether. Whichever is beneficial. Rest I follow the sane strategy for day trading that is swing type trades. Once I get the profits I never store my altcoins I immediately convert them back to btc and back to my wallet. No this does not eat your profit at all. That's his everything works for me.

[MoneyIsDebt]

Everyone trades using the same system the quarters up headquarters down. It's been used since economics has been around in the early 1930s when this system was first introduced. This is not a complicated thing this is not something special Bitcoin is considered a commodity and its price used to quarter up quarter down Theory.

nothing special !!
i think you just have to make sure that the site or the exchange you are using for it is confident or not.
just make your security enough to secure you account and start with a small amount gain some of experience and understand the whole idea of it and after that make it with your own senses and check the up and down of the coins from different sites and review the the altcoin section of this forum.
i think this will help alot.

[bobyhodob]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. local exchanges
2. bitcoin.co.id for fiat exchanges and bittrex, poloniex for altcoins exchanges
3. I have a special capital to trading, if a profit over from my capital trading, I usually converted to fiat.
4. I convert from bitcoin to IDR (my local currency)

[webtricks]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I buy BTC from local exchanges that allow instant buying using net banking directly.
2. Prominently Bittrex is my favourite due to its speed and reliability. Others are HitBTC, Cryptopia, Nova and sometimes Livecoin.
3. I never invest my bought BTC in altcoins, I always use earned BTC for altcoin trading so for me Altcoin/BTC is determining market, not Altcoin/USD. I never sell any coin lower than what I bought in BTC as that defeat my purpose of trading if I get negative return.
4. According to need I withdraw BTC to bank quite often but in local currency not USD again using local exchange as stated above.

The fees scenario depends upon how big you investing. If you are investing $40-50 ($10-20 in fees is horrible) but if you are large trader and work in grands then fees is least of concerning matter.

[mk4]

Following my step, you easily earn ~50$ per day
1. Join Telegram Pump Group (Trusted)
2. Waiting for signal and pump waves
3. Do fast will earn about x2 your balance
4. Sell quickly or price down very fast

Stay away from Pump and Dump groups, OP. People benefiting from pump and dump schemes are usually only the higher-up members or the channel owner itself.

Anyway, you already got a lot of answers for your questions 1-4, so let's talk about the fees instead. You can save a bit of cash by buying bitcoin patiently, waiting for dips before buying(not saying it's always the right move, though). The fees you should only look out for in my opinion is the deposit and withdraw fees, as the exchange trade fees are usually so low that it's quite irrelevant in my opinion. Limit your withdrawals by probably once a week instead of daily to lessen the withdrawal/deposit fees.

[Dudeperfect]

1. Where do you buy your bitcoin from

- I usually go with Localbitcoins because I can choose the trader with payment method which is convenient for me.

2. What exchanges do you use

- I am current using Localbitcoins, Yobit and Changelly.

3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?

- I don't trade in Altcoins but I altcoins for the long term so I have cold storage of altcoins and never sold any of them yet.

4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

- Again, I use Localbitcoins when I need immediate cash and the reason is same as #1 I can choose the payment method which is convenient for me. Exchanges have the bank as the only payment option which is not always convenient for me.

[Huonghoang1939]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. Where do you buy your bitcoin from
I bought it from friends that I trust and value it was not too expensive compared with the market. Bitcoin will be transformed from those of you that I trust to straight for trade page.
2. What exchanges do you use
I trade it in Poloniex and bittrex. two website that I most satisfied
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
When i buy alt coins and profit, I continue to convert it into BTC. If altcoin I buy is not profitable,i will keep it until it would have a profit I will sell out.
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.
only if I need money to buy something. I will sell Bitcoin for those of you at the beginning that I bought

[MissionPhailed]

1. Where do you buy your bitcoin from

From Bitonic.nl, a well-known website in the Dutch crypto-community.

2. What exchanges do you use

Bittrex nowadays. Used to be Cryptsy and BTC-e a while back. Then switched entirely to BTC-e, and eventually moved my activities to Bittrex.

3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?

I do. I'd rather see an increase in value relative to Bitcoin than a higher value in $$$. However, in an ideal scenario, both values go up.

4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.

No, I withdraw via Bitonic.nl. I send them Bitcoins and they pay out the corresponding value in fiat on my bank account. In my case, Bitonic is both an entry and exit point in my trades.
And yes, the fees are pretty severe nowadays. Bittrex deducts 0,001 BTC per transaction, that's $4,4 nowadays ... !

[Sled]

Everyone trades by doing buy low sell high and most of the traders know that and even the newbies are doing that. They most trade altcoins because they know that there is a high potential in altcoin rather than bitcoin because in bitcoin it is a slow process of getting profit but in altcoins anytime you can make profit because there is a lot of altcoins to choose.

[eagle10]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I buy bitcoin from local exchanges, you can buy too from yours or try the localbitcoins.com then transfer them to my own wallet or straight to my exchanges I use:
2. What are they? Bittrex, c-cex, poloniex.
3. I trade in the BTC market. So i guess, no need to convert already.
4. No conversion to US$ to withdraw. I just use my bitcoin wallet and my local exchanges to convert. Or you can send the withdrawn money straight to your local exchange. This is more safe than withdrawing with fiat money. why? some altcoin exchanges do'nt allow fiat withdrawing and you find your money  stuck in their system long time before they act on your support ticket.

[deddod]

1. I bought bitcoin from www.vipbitcoin.co.id
2. I started the altcoin trade at www.bittrex.com
3. Yes, I redeemed my altcoin profit to bitcoin. If the bitcoin price is low I hold bitcoin until bitcoin price returns good.

Indeed the fee is now very large, but not compared to the benefits I received.

[Mkmanik]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

I buy bitcoin from my friend and from exchange platfrom like bittrex or cryptopia using my alt coin.also sometimes bought from localbitcoin and paxful.

I am using a lot of exchange platfrom.among them Bittrex, poloniex , cryptopia , liqui is largly umm using.all of them are safe and sequre to me.

I buy alt coin when the price is down from the ICO price.its a most profitable way for buy bitcoin.

Now i am only withdrawing my BTC by converting them into ETH, I like to hold ETH.

[SMSabuj]

There are a lot of exchanger to Trading. But I use some popular exchanger such as Bittrex, Liqui, Cryptopia, Nova etc. I always buy Bitcoin on my local market. I always buy Altcoin on ICO times and when Altcoin dumps. Usually, I trade with Bitcoin and Ethereum. I don't convert Bitcoin to USD. But when I need money in my local currency I sell Bitcoin on my local market.

[Potato Chips]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I don't buy bitcoin, i earn it

2. Poloniex and bittrex only as of now

3. i haven't done trading altcoin to altcoin, i always do altcoin to btc or vice versa so yes i inevitably converting it to btc but with a higher amount because i profited right?

4.No i don't convert my btc to some local currency when withdrawing. if i'm gonna sell it for my local currency is usually wait for a pump

it depends on what service you use but in my case what i use is kinda cheap and the miner fees are just $1

[GoodLuck2]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. I don't buy bitcoin, i earn it

2. Poloniex and bittrex only as of now

3. i haven't done trading altcoin to altcoin, i always do altcoin to btc or vice versa so yes i inevitably converting it to btc but with a higher amount because i profited right?

4.No i don't convert my btc to some local currency when withdrawing. if i'm gonna sell it for my local currency is usually wait for a pump

it depends on what service you use but in my case what i use is kinda cheap and the miner fees are just $1

That’s a smart move if you never buy bitcoins rather earn them. Earning bitcoins is far safer than buying them at high rates. People usually offer to sell off their bitcoins when prices are high. By earning bitcoins, you are never in loss if the prices are even dumping. I am also practicing this strategy.

[Babyrica0226]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

1. Where do you buy your bitcoin from?
  -  I don't buy bitcoin instead I'm buying altcoins on trading then sometimes I bought coins in the ICO project campaign.
2. What exchanges do you use?
  -  I usually used bittrex.com, etherdelta, poloniex, hitbtc, and novaexchange.
3. When you buy alt coins and profit, do you convert back to btc?
  -  Yes, that's what most traders do.
4. doesn't that defeat your alt coin profit?
  -  of course not.
5. Do you convert from bitcoin to usd to withdraw?
  -  I converted my Bitcoin to my currency here in my country through merchant we had it in here who accepted bitcoin as payment then
     encashing it through remittances.

[lovesybitz]

Everybody has their own strategy to trade with cryptocurrencies. I use localbitcoins to buy and exchange crytocurrencies.
I usually trade some major altcoins but i have kept bitcoin as my primary digital currency.

In addition to that, many of the traders here they're not truly sharing their real strategy, it is a simple strategy and basic only which they tell us here like buy at low then sell at high, it is something like that.

[suryati]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

This is my experience of learning trading, i try to answer your question :
1. I don't buy bitcoin because i get bitcoin from join bounty campaign the give reward altcoin and i change to bitcoin from their market.
2. I use Bittrex because i think there a many coin can we choose.
3. Analysis of the coins to be purchased where to buy coins when the price graph falls after it returns to sell at a price higher than the purchase price.
4. If I think I've got enough profit, of course, some of it will I pull into cash by using local exchanger and pull it directly to the local bank

But i still to learn more because i just get profit a liittle more $15 so I have not drawn it to a local bank  

[kotajikikox]

To start,


1. Where do you buy your bitcoin from
2. What exchanges do you use
3. When you buy alt coins and profit, do you convert back to btc? Because what if your profit from alt coins and convert it to bitcoins but bitcoins is low, doesn't that defeat your alt coin profit?
4. Do you convert from bitcoin to usd to withdraw? If so where do you withdraw and which method do you use.


Oh and this sounds like fees over fees.
First you buy bitcoins for fee. Then transfer them to a exchange for a fee. Then trading on that exchange is a fee. Then transferring it another place to withdraw, then the actual withdraw fee.

as of now i plan to join in the trading industry if i have enough coins, why people does everyone trade it because trading is the good investment, capital profit almost become double earnings, as i know trading is a long term investment but you can get a good return profit with you patience and skill as trader.