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Author Topic: Bitcoin Trading Methods - Introduction and Explanation  (Read 1536 times)
jeremy1231
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February 27, 2014, 10:37:18 PM
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Hello fellow Bitcoin enthusiasts. For this post I am going to explain basic methods of trading bitcoins and how this can maximize the amount of Bitcoin you have!!

Before we get into more detail it is important that I inform you of the risks; Bitcoin markets are highly volatile and create the opportunity to generate large profits, however losses are possible as well. I advise you to start with a low amount and build up as you gain experience.

There are two main methods long term and short term. The long term plays the waiting game and you hold the Bitcoins after buying then at a discounted price. The short term involves trading frequently throughout the day, taking advantage of the short term fluctuations in the Bitcoin markets.

To trade successfully you need to interpret the graphs for example on bitcoinity.org.

If I peaked your interest and you are interested in learning about interpreting these graphs and more!! please visit my blog: http://easybitcoinarbitrage.blogspot.co.uk/
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roslinpl
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February 28, 2014, 12:46:12 AM
 #2

Hello fellow Bitcoin enthusiasts. For this post I am going to explain basic methods of trading bitcoins and how this can maximize the amount of Bitcoin you have!!

Before we get into more detail it is important that I inform you of the risks; Bitcoin markets are highly volatile and create the opportunity to generate large profits, however losses are possible as well. I advise you to start with a low amount and build up as you gain experience.

There are two main methods long term and short term. The long term plays the waiting game and you hold the Bitcoins after buying then at a discounted price. The short term involves trading frequently throughout the day, taking advantage of the short term fluctuations in the Bitcoin markets.

To trade successfully you need to interpret the graphs for example on bitcoinity.org.

If I peaked your interest and you are interested in learning about interpreting these graphs and more!! please visit my blog: http://easybitcoinarbitrage.blogspot.co.uk/

only two articles for now..

Keep doing more, for now there is nothing special to see.
Smiley

Cheers!


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@roslinpl

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waldox
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February 28, 2014, 01:09:58 AM
 #3

My strategy is buy Bitcoin and hold for 5-10 years then reevaluate then

Bitcoin will need at least 5-10 years to get mainstream

We are still at the infancy of bitcoin

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Vitamin
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February 28, 2014, 05:43:22 AM
 #4

Here's a question: What are good reasons to day trade altcoins as opposed to Bitcoins, and what should we be looking for in a good altcoin?
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