johncarter123
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May 27, 2019, 09:39:22 AM |
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Bitcoin may be sold and bought through an exchange site or through a broker or individual trader. Which exchange site you choose or which broker you trade with will depend largely on where you live or work, as funds will need to be transferred easily and locally without the need for expensive currency conversions and international telegraphic transfer fees.
You may refer to Buy and Sell Bitcoin by Country and Geographical Location to select the exchange closest to you. Note that most exchanges require that you submit some personal documents in order to comply with Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) policies and regulations. All standard procedures which you should find no difficulties with.
It is also advisable that you have a bitcoin wallet set up and ready for you to transfer and store the purchased bitcoin, as it is always safer to be in control of your own bitcoins than leaving it at the exchange. You may refer to Setting Up a Blockchain Wallet on Web Browser and Mobile Devices to get started immediately, or while you wait for the exchange to verify and approve your account identity.
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ryap12
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Activity: 700
Merit: 14
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May 27, 2019, 09:44:31 AM |
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If in trading apply fast trading strategy, What obstacles are constraints and weaknesses?
I'd like to share a common problem when I get into trading from one exchange to another. Sometimes I get the wrong (old) coin/token which really sucks. It takes time to carefully analyze if what you are buying is the same thing. For example with E2C token under Ethereum also known as Electronic Energy Coin (0x08ceed1e8db59acbb687a5752f0a7db815cfda5e). I was searching from one exchange to another and see if there are any price difference and so it happened to this token. Later I found out that the E2C I am dealing is both the NEW COIN and the OLD TOKEN. If I was reckless, I would have lose profit already if I immediately bought the OLD TOKEN (which no longer has any value). So I just lost my time their not including money. Hoping this will notify you too in your future trades. TO THE MOON!
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logicgate
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May 27, 2019, 10:19:33 PM |
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if a fast trading strategy is to be implemented, we should be able to read market charts for the future. usually a fast trading strategy can only be done if the market price has risen sharply in a short time, and of course it can provide benefits for traders who carry out such strategies
Each trader should realize the market price before they choose to sell or to purchase so on the off chance that the market price is currently higher, at that point it is just time to hold yet never consider selling it, once being new read the price chart, analyze the market, market moves should disclose to you when is opportunity to purchase and when to sell, the individuals who become greedy to sell quick subsequent to purchasing settles on most exceedingly terrible choices.
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traderethereum
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May 27, 2019, 10:45:58 PM |
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Buy fast and sell fast will only work well at the fast moving price because you will find a gap for buy price and sell price so you can use that to trade. But remember, that this will not always work as we know that when the price is moving so fast, there will be a chance for the price to get down in anytime and with fast too. I have this experience in many times, and I tried to use scalping mode trade, and I feel that is too difficult if we don't have a proper skills in trading, and sometimes, we buy at the high price and that makes us wait for a while before we can sell at the next higher price.
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proTECH77
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Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
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May 27, 2019, 11:03:17 PM |
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Most of the time, i do research before i buy and sell, so, sell and buy shouldn't be a thing of fast, but a thing of watch before act. There are many that has regretted and still regretting their actions due to sell fast while others buy fast, so, ensure to lookout for the best time if possible before buy or sell.
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bibop555
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Activity: 49
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May 28, 2019, 04:14:56 AM |
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So we can see the market in recent days is very exciting when the price of bitcoin knit continuously increase. This is the opportunity for us to trade bitcoin, surfing short.
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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May 28, 2019, 04:30:54 AM |
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nobody will do that, buying fast and selling fast is an event where you buy panic and sell panic, things like that will only hurt you and you should take your time to get the best time to buy and sell, you don't need to do it with in a hurry because everything has to be researched first so you can produce a good profit
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nur rochid
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May 28, 2019, 05:37:10 AM |
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nobody will do that, buying fast and selling fast is an event where you buy panic and sell panic, things like that will only hurt you and you should take your time to get the best time to buy and sell, you don't need to do it with in a hurry because everything has to be researched first so you can produce a good profit
but there is a scalping technique, where we allow to exit the market or enter the market in a short time. the smaller the time frame used, the faster the movement appears, so they rely more on the number of transactions
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neonshium
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May 28, 2019, 05:58:07 AM |
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if someone relies on that method maybe they should always observe price movements at any time which often changes quickly because the terrible market conditions become a serious challenge to traders in creating an income and the risk of failure is very likely to occur later.
The concept of buying fast and selling fast is not relevant in the crypto trade because the price movement sometimes gets stable for a long time and you will get nothing if you have this concept of selling fast. Only the change in price will make you able to sell it for profit. This strategy can only be used when the price of coin gets unstable when it is bear. Treat it normally in order to have its productivity.
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D3m1r4wanti
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May 28, 2019, 03:24:39 PM |
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buy quickly and immediately sell it is a good action, but the disadvantages of the profits obtained will not be too large, but you are also free from feeling wary. it is a choice even though sometimes the market does not change rapidly and you cannot trade fast every day.
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A L I E N
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Activity: 1358
Merit: 1000
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May 28, 2019, 05:07:53 PM |
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if someone relies on that method maybe they should always observe price movements at any time which often changes quickly because the terrible market conditions become a serious challenge to traders in creating an income and the risk of failure is very likely to occur later.
This is the day trading method. It works well only if you are a really lucky man or a true professional with the best intuition ever. You can choose other ways of trading - accumulating alts that will grow in the future.
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Bezobraznike
Sr. Member
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Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
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May 28, 2019, 06:30:01 PM |
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Buy fast and sell slow. Do you guys ever heard about collectors, people who collect rare things? Do you know how much rare things cost? In years bitcoin is going to be such thing. Yes, 21 mln is pretty big amount to become rare object, but do not forget that lots of coins disappear due to lost wallets and ect.
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Tungsten-1
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May 28, 2019, 09:43:13 PM |
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if someone relies on that method maybe they should always observe price movements at any time which often changes quickly because the terrible market conditions become a serious challenge to traders in creating an income and the risk of failure is very likely to occur later.
This is the day trading method. It works well only if you are a really lucky man or a true professional with the best intuition ever. You can choose other ways of trading - accumulating alts that will grow in the future. Even professional traders find it difficult to day trade and they remain unprofitable many days in conditions when the price gets stable and there is no fine difference between the buying rate and current rate. Buying fast and selling fast fully depends upon the price movement according to the Bitcoin’s price if changes instantly then you can also sell it but the profit cannot always be greater.
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Chikito
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Activity: 2394
Merit: 2056
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May 29, 2019, 06:37:20 AM |
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buy quickly and immediately sell it is a good action, but the disadvantages of the profits obtained will not be too large, but you are also free from feeling wary. it is a choice even though sometimes the market does not change rapidly and you cannot trade fast every day.
Let's do it at excatly time will get enough profit. Buy at low and sell it past it enough gettin profit when did right correction time above. For market unstable correction are better to hold a day and wait for best time.
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btcyoda
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Activity: 644
Merit: 10
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May 29, 2019, 06:41:37 AM |
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If in trading apply fast trading strategy, What obstacles are constraints and weaknesses?
It is only based on luck, it seems that this strategy only focused on small amount of profit. Actually this is very tiring. You can get easy profit when the market trend is positive but the amount of profit that can be earned is too small. The fee will decrease your profit, so you actually spend more energy and time if you use fast trading strategy. Yes, you are right to fast trading will not help us to make a decent profit because we need to invest hugely in order to sell them for the little profit. Even i tried much time to make profit by selling them very fastly but mostly it is giving very less profit compared to holding them for a certain period of time.
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logicgate
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May 29, 2019, 09:27:19 PM |
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buy quickly and immediately sell it is a good action, but the disadvantages of the profits obtained will not be too large, but you are also free from feeling wary. it is a choice even though sometimes the market does not change rapidly and you cannot trade fast every day.
Those who becomes greedy just after buying it they think about selling get lose because of their wrong mentality, for day trading it needs allot of knowledge and satisfactory skills, so if you buy some coins your other step should be holding and waiting with patience, don’t try to get quick profit as it is will give you lose only.
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redsun114
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May 30, 2019, 06:19:50 AM |
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If in trading apply fast trading strategy, What obstacles are constraints and weaknesses?
It is only based on luck, it seems that this strategy only focused on small amount of profit. Actually this is very tiring. You can get easy profit when the market trend is positive but the amount of profit that can be earned is too small. The fee will decrease your profit, so you actually spend more energy and time if you use fast trading strategy. Yes, you are right to fast trading will not help us to make a decent profit because we need to invest hugely in order to sell them for the little profit. Even i tried much time to make profit by selling them very fastly but mostly it is giving very less profit compared to holding them for a certain period of time. Nothing is achievable with much ease and fast work, you need to work hard and smart for better results. It will be great if a trader is good at day trade by dealing with price movement and making profit but it happens mainly in the Bitcoin. Profitability is greater is Bitcoin’s price movement than those of others so why not we start with Bitcoin and start making profit. If Bitcoin is difficult then you may not be able to make big profits buy following the strategy of buying and selling fast can only works with big price gaps.
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Alice Nuttal
Member
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Activity: 113
Merit: 10
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July 30, 2019, 12:43:49 PM |
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If in trading apply fast trading strategy, What obstacles are constraints and weaknesses?
It is only based on luck, it seems that this strategy only focused on small amount of profit. Actually this is very tiring. You can get easy profit when the market trend is positive but the amount of profit that can be earned is too small. The fee will decrease your profit, so you actually spend more energy and time if you use fast trading strategy. Well, I'm currently sticking to such a strategy. But also I use CEX info bot - https://t.me/CexIoInfoBot, that allows me to keep up with the latest price or market trends. And I think using bots like that not just eases the procedure of trading, but also saves your time. Don't you think so?
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Maestro75
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August 02, 2019, 08:16:12 PM |
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There is no strategy as buy quick and sell quick. This is because no one know the right time to buy, otherwise no one would be buying when others are selling or selling when the market is buying. Trading is a business and is risky too. We can only make predictions and if it favors us then we are happy. Otherwise we cry in loss.
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