Samuel Cofie
Newbie
Offline
Activity: 58
Merit: 0
|
|
September 19, 2018, 11:20:00 PM |
|
I have traded couple of time on Binance. But i have not tried with Bittrex. I recommend that you begin your trade with Binance. It is convenient and very safe.
|
|
|
|
Karakas
Jr. Member
Offline
Activity: 129
Merit: 1
|
|
September 20, 2018, 04:20:19 AM |
|
if I prefer binance trading because binance is currently my favorite exchange and binance exchange display is very easy to understand for beginners and in binance the price changes are very fast so you will benefit if in short-term trading
|
|
|
|
bitcoin moon
Newbie
Offline
Activity: 308
Merit: 0
|
|
September 20, 2018, 09:30:13 AM |
|
You have to open an account initially.and when they open an account, they will give you a warning posting that you will be careful trading with 95% of the person investment loss due to trading.And then you can start trading if you want.But you can not sell immediately after the perches. you must select the specific time to sell that you can reduce your btc price at the time but it can also repeated in time.The system may be different for various type of software.
|
|
|
|
illnino
|
|
September 23, 2018, 08:33:27 AM |
|
If you are new, then I recommend you to learn youtube because there are quite a lot of people who share real and good, and psychology that is the basic knowledge you need to have to trade.
This is a very good advice. However, you should always remember that NOT ALL of the videos on YouTube are good to t be the sources for your self-education. Just try to compare them to come to your personal conclusion.
|
|
|
|
wayancrypto
Member
Offline
Activity: 462
Merit: 11
|
|
September 23, 2018, 08:54:17 AM |
|
Its better to chooce Binance that has lower trading fee higher daily trading volume and lower spread. Binance has 0.075% trading fee if pay with BNB Coin and Bittrex 0.25% pertrade. Binance also have better customer support that we can contact via telegram so we can ask and get answer without waiting a few days. And for minimal target profit in crypto trading is about 6% and use stop loss 3%.
|
|
|
|
michellee
|
|
September 27, 2018, 05:48:58 AM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ? i think i will trade like 1000-2000$ every few days i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?
My favorite exchanges right now is bittrex and binance although I still use poloniex to trade. In bittrex, you need to send personal identification and the telephone number to be verified so you can withdraw in a big bitcoin amount. But in binance, I think it is enough to use the telephone number to get verified beside of the email verification. We still difficult to know when the price can go up but it will happen in someday and I think you can try to sell bitcoin in every time the price increase and you can also buy bitcoin in every time the price decrease.
|
|
|
|
Ains_sama
|
|
September 27, 2018, 07:12:43 AM |
|
at Bittrex I have a verified account, and I use a driving license for verification. but I have never been at binance. and I think your trade is good to do. that is possible. because currently the price of Bitcoin is very unstable. between $ 6000- $ 7000
|
|
|
|
TwtRedeo
Newbie
Offline
Activity: 31
Merit: 0
|
|
October 02, 2018, 10:10:02 AM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ? i think i will trade like 1000-2000$ every few days i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?
My favorite exchanges right now is bittrex and binance although I still use poloniex to trade. In bittrex, you need to send personal identification and the telephone number to be verified so you can withdraw in a big bitcoin amount. But in binance, I think it is enough to use the telephone number to get verified beside of the email verification. We still difficult to know when the price can go up but it will happen in someday and I think you can try to sell bitcoin in every time the price increase and you can also buy bitcoin in every time the price decrease. You should start trading but you must follow some rules of crypto trading then you will become successful otherwise you may lose your money. You should know everything about the market; you must have trading experience and skills, and have the courage to bear the loss due to fall in the price. You must give as much time as you can to observe the market keenly.
|
|
|
|
cr7
|
|
October 02, 2018, 10:38:03 AM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ?
It's been more than 2 months, but my documents have not been verified on bittrex! The administration is silent, only letters come from the robot. Now there is a restriction on the withdrawal of money! Verification on the exchange Binance was fast, there were no problems. Before you start trading on the stock exchange I advise you to pass the verification, and in the future you will not have problems!
|
|
|
|
Kolder
|
|
October 02, 2018, 12:31:41 PM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ?
It's been more than 2 months, but my documents have not been verified on bittrex! The administration is silent, only letters come from the robot. Now there is a restriction on the withdrawal of money! Verification on the exchange Binance was fast, there were no problems. Before you start trading on the stock exchange I advise you to pass the verification, and in the future you will not have problems! Security is the best, that's why KYC is neede now, if you aim to start trading be sure on exchange as well follow their rules , Binance is way better plus it ha applications that can be use easily. Trading is a good decision to earn more as long as you know what you are doing.
|
|
|
|
CelebratingBTC
Newbie
Offline
Activity: 31
Merit: 0
|
|
October 03, 2018, 10:07:15 AM |
|
at Bittrex I have a verified account, and I use a driving license for verification. but I have never been at binance. and I think your trade is good to do. that is possible. because currently the price of Bitcoin is very unstable. between $ 6000- $ 7000
Different people use different exchanges for their transactions. Exchange is not a problem, there are dozens of good and reliable exchanges in the world you can use any one of them. The problem is how to start and make money from crypto trading. The price no doubt is low these days and is not increasing for long time. But I think still there are some traders who are enthusiastic and do trade in this bearish situation.
|
|
|
|
richmcrich
|
|
October 06, 2018, 06:26:06 AM |
|
I have traded couple of time on Binance. But i have not tried with Bittrex. I recommend that you begin your trade with Binance. It is convenient and very safe.
Trading with the precious crypto coin is most profitable but the most loss is also here depending upon how a person deal with it. If a trader has grasp over trading knowledge then he will surely go through the overall procedure as a result of which he will get profit. Conversely, a trader with not enough knowledge will get nothing but loss so; we have to start buying right now and to make an exchange account in order to sell it if he is in profit.
|
|
|
|
Catswold
|
|
October 06, 2018, 08:42:59 AM |
|
ANALYZE TRENDS AND CHARTS If you are trying to day trade, you will have to learn how to time it out. You need to have extreme discipline as well. It's very easy to be excited about a coin, thinking it will keep rising. If a coin has dipped, that is typically the time to buy in. Tell yourself you will sell at X%, and stay true to that. Remember my purchase I made that gave me 10x return? Well, I didn't cash out at that point and kept thinking it would rise -- a common beginner's mistake. I didn't do my research to even have a valid reason to keep holding and I also didn't realize how astronomical that return was. I didn't understand the discipline in investing at the time, but that was definitely a lesson learned. I do believe in holding for a few years if you are not big on day trading, even if you can make profits from swing trading. There are absolute exceptions, especially when you are willing to take a risk because you just fully believe in a coin's future. Sometimes it's better to keep your hands off for a long time because if you don't know what you are doing then you could lose a lot of money.
|
|
|
|
robertsu
|
|
October 06, 2018, 06:53:16 PM |
|
My opinion better Binance. It have not long close registrations, the process registration easier than in Bittrex and in this system you can be anonymous.
|
|
|
|
timmydakolo2
Jr. Member
Offline
Activity: 225
Merit: 1
|
|
October 06, 2018, 08:17:30 PM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ? i think i will trade like 1000-2000$ every few days i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?
I will recommend BINANCE to bittrex because the withdraw limit is pretty cool and the platform is outstanding when it comes to the security it is the best lots of folks love binance market.
|
|
|
|
KGBx
|
|
October 06, 2018, 09:22:13 PM |
|
I think that any relatively big exchange is suitable for your idea. Also plan is pretty ok, why not? I think that it won't be a problem to increase your bank by small amounts.
|
|
|
|
crossabdd
Legendary
Offline
Activity: 1316
Merit: 1145
|
|
October 06, 2018, 10:47:10 PM |
|
on Bittrex I use an ID card, I think Bittrex is good too. but currently large volumes are in binance. it's great if you can make profits as you write. maybe it's also easy, because the current price movements are very unstable. but must be careful, because the risk is also very high.
|
|
|
|
Question123
|
|
October 07, 2018, 04:26:55 AM |
|
Strating a trading right now is a good because most of the coins is cheap compared the last time. Binance is your best option now and I think you will be master the featured with weeks only, thousands of capital is good amount to start and I suggest to you better if you invest also to altcoins because you can get more profit on that not only bitcoin. Both invest bitcoin and altcoin for more profit to get.
|
|
|
|
kakonhat
Member
Offline
Activity: 1106
Merit: 11
Crypto in my Blood
|
|
October 07, 2018, 04:40:10 AM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ? i think i will trade like 1000-2000$ every few days i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?
I think nowadays Binance is greater than Bittrex for the trading. You said you will buy BTC $1000 worth when the price low and sell to $1050 when up that's mean you would like to take the profit $50 per $1000. Am I right? If I am right then I'll say you can take more profit if you have good knowledge of trading. Mainly it will depend on your skill.
|
|
|
|
michellee
|
|
October 07, 2018, 06:04:54 AM |
|
hello i want to start trading is better bittrex or binance ? what type of documents they ask ? i think i will trade like 1000-2000$ every few days i want to buy 1000 usdt$ of BTC when price go low , and sell for 1050 usdt$ when go up is this possible ?
I think nowadays Binance is greater than Bittrex for the trading. You said you will buy BTC $1000 worth when the price low and sell to $1050 when up that's mean you would like to take the profit $50 per $1000. Am I right? If I am right then I'll say you can take more profit if you have good knowledge of trading. Mainly it will depend on your skill. I hope that he can learn more about trading to make that profit, but I am not sure that he can do this every day since the price cannot be predictable. I only suggest to you to don't use all $1000 usdt to trade if you only have $1000 because once the price was getting down, you cannot make a buy again and you need to wait for the price to increase more. It is better to split your buy order to a few orders so you can watch and analyze where the price wants to go and make sure you can buy at the low price.
|
|
|
|
|