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Author Topic: trading outside of crypto?  (Read 803 times)
Mpamaegbu
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October 18, 2018, 01:14:56 PM
 #81

However dont use the HitBTC for real trades.
Huh! Now that's a real panic button pressed for those who have accounts with Hitbtc. But that isn't denying the truth that Hitbtc has some shady thing going on. I, for one, don't like the exchange for its exorbitant charges.

On the OP, I think he should dive into Forex Trading. It's an already regulated industry unlike cryptocurrency. Forex has a daily market turnover of over $5 trillion (cryptocurrency is still struggling with a mere $210 billion. Not even up to a quarter of One trillion.) And yes, you do need a compulsory KYC before getting started.

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Ipwich
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October 18, 2018, 01:55:10 PM
 #82

However dont use the HitBTC for real trades.
Huh! Now that's a real panic button pressed for those who have accounts with Hitbtc. But that isn't denying the truth that Hitbtc has some shady thing going on. I, for one, don't like the exchange for its exorbitant charges.

On the OP, I think he should dive into Forex Trading. It's an already regulated industry unlike cryptocurrency. Forex has a daily market turnover of over $5 trillion (cryptocurrency is still struggling with a mere $210 billion. Not even up to a quarter of One trillion.) And yes, you do need a compulsory KYC before getting started.
That's one of their bad side, the withdrawal fee is not competitive, way above compared to other legit sites.
I am still a user of this exchange, never get tired of using because it never scammed me, when I have issues, it can be resolve easily.
Their cheapest I guess is the Ripple withdrawal fee.

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StarofBTC
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October 18, 2018, 07:05:22 PM
 #83

While I do not advocate breaking any laws. the First Global Credit Exchange which is being rebranded as Panxora supports crypto deposits in BTC, BCH, LTC, ETH, ETC to back stock trading in 500 stocks from the US, UK, Germany and HK. Also currency against BTC and USD. I am one of the founders and we have been providing uninterupted service since 2014.
Not a bad idea at all, having a platform that serves as a bridge between the cryptocurrency space and the stock market in most of the well developed markets with good stock. Trading outside crypto however totally depends on each individual anyway and the knowledge they have about the space they are getting into.

It is one thing to imagine that you know what it is about cryptocurrency and you have been trading it for years and it is another thing to actually know some of the rules within that space you want to be adhering to. Stock market is a whole lot of ball game entirely when compared to crypto and what is important is to just familiarize yourself with that space.
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October 18, 2018, 07:48:06 PM
 #84

Trading in stocks or stock market is very much different from trading cryptos. In stock markets, positive news really have a big impact in the stocks price thats why in some countries, a company would even go to dirty tactics like hiring someone who will hype up the product or the idea while in cryptos, its very rare that positive news will affect the price of Bitcoin, more likely, fud and other negative news are out there.
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October 19, 2018, 09:14:55 AM
 #85

Trading in stocks or stock market is very much different from trading cryptos. In stock markets, positive news really have a big impact in the stocks price thats why in some countries, a company would even go to dirty tactics like hiring someone who will hype up the product or the idea while in cryptos, its very rare that positive news will affect the price of Bitcoin, more likely, fud and other negative news are out there.
The stock market is a highly speculative bubble. Some people argue that crypto is a similar speculative bubble but I dont trust anybody but listen to my instincts regarding them. Its true the stock markets are manipulated and if you go through the life stories of some big investors you will notice that they actually pre-bought or pre-sold their stocks when markets were going the opposite way. This was because they were told by companies how the market is going to move. This seemed too good to be true but I think it is true and that how people made money from the market.

On the other hand crypto is not that predictable. You have move according to how the news is going and take decisions withing split seconds.

R


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October 19, 2018, 12:50:29 PM
 #86

Yes, it is possible. When the crypto is down, you have plenty of choices outside this market.
A whole lot of choices I must say, from Forex to stocks, options and so many more that you can always take advantage of. A lot of people are not really familiar with some of these environment as cryptocurrency actually was the main thing that opened the eyes of so many people to trading after Forex, but the crazy thing is that people are always just busy not taking the right steps in getting themselves familiar with the space they are getting into and also learning how to make trading decisions in those environment which is what has led so many people into losing their funds over the years.

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October 19, 2018, 02:10:10 PM
 #87

i don't really understand your question. can you messages me for more information with this post?
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October 19, 2018, 02:37:03 PM
 #88

Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information


Stocks and cryptocurrency are both profitable and also risky.and another same characteristic is well manipulated by bigger investors.thats why i stopped trading and just made all my coin and tokens be in long term holding.i believe that in time i will become millionaire just by trusting cryptocurrencies
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October 19, 2018, 02:37:13 PM
 #89

Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information



If I were you mate, you must think this more than twice because trading outside the crypto is much difficult I think than crypto, because in stock market as far as I know it is less volatile rather than crypto, which means you will be stuck in there and you don't when you are going to take action again. so, it is still better to remain on crypto trading dude.
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October 20, 2018, 07:26:43 AM
 #90

Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information



If its your dream to trade in the stock market then you need to do more in getting information as it relates to your locality because the prerequisites to trade in that market differs from country to country. For example where I am, to trade on the stock market requires that one is a member of a professional body and licensed to carry such a trade. This is put in place in other to ensure that only qualified people are operating in the market and that they are expected to behave in certain ways otherwise their licenses can be revoked.

The stock market is very much different from the crypto market in terms of first entry. While $5 dollars can grant you entry in the crypto space, there is no room for that in the stock market.
Trading in the stock market is a whole lot big game entirely and you will always have to follow some procedures to be able to get that done. Stock market generally is a much matured market and can be easy to trade as long as you have an understanding of the market, know what you are doing and you have a perfect strategy to always trade the market.

However it is you will really need to understand the rules of other markets know all the necessary perks and then be able to put that information together to have an informed decision on how you want to go ahead.
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October 21, 2018, 05:52:19 AM
 #91

i don't really understand your question. can you messages me for more information with this post?
You dont need to. Just read what others posted before you and you will get an idea. Dont expect the OP to come back to respond to you because these are generic shitposting threads after it crosses 5+pages of replies. Grin

Stocks and cryptocurrency are both profitable and also risky.and another same characteristic is well manipulated by bigger investors.thats why i stopped trading and just made all my coin and tokens be in long term holding.i believe that in time i will become millionaire just by trusting cryptocurrencies
You wont become a millionaire. People think like that because they have a lot of enthusiasm when they enter a new market. So thats giving you euphoria but it wont be long till it gets over. Of course putting your money in crypto does not guarantee but its profitable if you know what you are getting into and if you know how to trade you coins for profits on every bull/bear cycle.

R


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LLBIT
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FUTURES
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LEVERAGE
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   TRADE NOW   
wayancrypto
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October 21, 2018, 08:14:44 AM
 #92

I was try all kind of trading, firstly i jumped in to forex margin trading but i thinking hard to make profit from it, and then i was try binary option trading but the result also bad. Then my friend suggest me to learn spot trading, that is crypto and stocks trading. He said that will be less risk , because there are no margin. We can do this all kind of trading just by use technical analysis and no need to know all about the fundamental of the asset. In crypto there are pump dump trading, and in stocks market that thing also exist because low market cap of stocks easy to pump and dump the price.

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October 21, 2018, 09:11:42 AM
 #93

You may have a look: https://bitcointalk.org/index.php?topic=4835244
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October 21, 2018, 12:32:23 PM
 #94

What do u mean by trading outside cryptosystem or crypto? Any trade which is outside cryptosystem is different from crypto. However, anybody that trade outside trade should known that it may profitable or other wise. The best trade and profitable one is crypto and not forex or any trade you can thing of.
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October 22, 2018, 12:40:56 PM
 #95

i don't really understand your question. can you messages me for more information with this post?
You dont need to. Just read what others posted before you and you will get an idea. Dont expect the OP to come back to respond to you because these are generic shitposting threads after it crosses 5+pages of replies. Grin

Stocks and cryptocurrency are both profitable and also risky.and another same characteristic is well manipulated by bigger investors.thats why i stopped trading and just made all my coin and tokens be in long term holding.i believe that in time i will become millionaire just by trusting cryptocurrencies
You wont become a millionaire. People think like that because they have a lot of enthusiasm when they enter a new market. So thats giving you euphoria but it wont be long till it gets over. Of course putting your money in crypto does not guarantee but its profitable if you know what you are getting into and if you know how to trade you coins for profits on every bull/bear cycle.
The best option for trading outside of crypto is only stock exchange. If you have little bit experience of stock trading you can make big money because you can buy and sell anything anytime you want. There you will not search for buyers in the market. You can sell and buy different shares of different companies and of government sector easily.
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October 23, 2018, 06:40:36 AM
 #96

I personally profer Forex trading even more than stocks.
Stocks is actually an interesting market to trade but it is somehow limited in a way, so you may not really have much access to it. Forex on the other hand is another market that has been on for a very long time, and as long as you know what you are doing, combining the markets you can handle all together is not always a bad idea.

What is important is for you to always be able to make quality decisions whether as an investor or as a trader so you do not get to lose all your investments in the long run and it takes knowledge to be able to achieve this which if you do not make a priority, you will have yourself to blame for how things turn out eventually.
When it comes to trading out side crypto, it can be anything that you can make money out of. Depends on how much capital you have to invest and start trading with. Big gains could also be earned by stepping into the auction market. Businesses like real estate are very famous for imparting millions to your current account. Literally invest in any business that you feel you can earn with it. Eventually everything boils down to the profit margin that you can earn.

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October 23, 2018, 09:05:12 AM
 #97

Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information



You can search with google to find many financial instrument for your trading action. This day many information about anything ( specially about financial ) already prepare and listing on google, you only need make time to search. All practice start with small amounts and never increase the quantity before get better quality. Learn with your tools and asset to get experience but before that please make time to learn financial works and market risk. 

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October 23, 2018, 10:05:15 AM
 #98

Hello I didn't know anything about trading until I first started trading monero on poloniex when it was like $5. Now I've learned a lot just from trading and mining crypto but my only experience is with crypto.

So I guess this is backwards but now I would like to try trading or investing outside of crypto....is that stocks?...see I have no clue what everything is called. Are there trading sites like bittrex etc?

what is the differences between a crypto exchange and a "stock exchange" that trades in dollars? Do you have to provide ID? Are they easier to fund in dollars?

Is there anything like a Trade Satoshi where I can just practice with small amounts?

Thanks for any information



You can search with google to find many financial instrument for your trading action. This day many information about anything ( specially about financial ) already prepare and listing on google, you only need make time to search. All practice start with small amounts and never increase the quantity before get better quality. Learn with your tools and asset to get experience but before that please make time to learn financial works and market risk. 
Why would he search for that when crypto trading is all we need. Easy access, easy understanding, so many people ready to share their experience here on forum and various groups on telegram, twitter, discord, practically you can find good tips about crypto trading on many places.
I agree with you that practice should be with small amounts before starting with some serious money. Quality always before quantity!



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Rainbot
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October 23, 2018, 11:12:50 AM
 #99

for stock exchanges I'm not too sure and I don't want to try there because I see it's too high risk, I prefer to try it at the cryptocurrency exchange because in my opinion it's more profitable and the supply circulation is also very clear so that traders can be comfortable when trading at the place of cryptocurrency exchange.

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October 24, 2018, 11:15:16 AM
Merited by coinplus (1)
 #100

What do u mean by trading outside cryptosystem or crypto? Any trade which is outside cryptosystem is different from crypto. However, anybody that trade outside trade should known that it may profitable or other wise. The best trade and profitable one is crypto and not forex or any trade you can thing of.
From the context, it is obvious what he is referring to is trading in other markets apart from cryptocurrency and in this case, we are either talking about the stock or Forex market as the case may be or any other market entirely. What is important at any market you want to trade is basically the knowledge you have to trade them as well as your familiarity with such environment.

You obviously cannot just hit a doctor profession to start performing surgical operations without even understanding what you are doing and the changes in your environment. Trading outside crypto may be called diversifying, but at the same time, just be sure you know what you are doing.

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