trading bitcoin

[SirLancelot]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

Thanks for reply's guys. I have practiced to trade bitcoin with binary options for more than 6 months until i created my own strategy. have you tried to trade bitcoin with binary before?

You're a newbie, but have studied for 6 months. Are you sure you don't know where to buy bitcoin?

Well it happens at times. You being a newbie cannot comprehend everything or at least the best among things needed in the crypto market. When it comes to crypto, you do not stop learning and until you keep on learning about every day’s concepts that could be very important for you to make important decisions related to your coins.

[1714127220]

1714127220

[Malamok101]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

You can see bitcoin in coinmarketcap(dot)com because the price of bitcoin is in good condition so its better to buy in good exchanges that you see also in coinmarketcap.

[mbluxs]

Before you start trading bitcoin ,it will be much better that you take some time to study the bitcoin trading and learn how it works . There are about three different types of trading I think  and that is Direct Trading, Brokers and Trading platforms. These three are something different. Brokers are just the same with foreign exchange, while Direct trading is what you will see a lot of people in this forum refer to as P2P. Trading platforms are different from the first two I have mentioned, they connect traders and buyers and they collect a fee for it.

There is no sense to trade Bitcoin for a newbie, especially now, when its price is going up. It is better to spend some time more to learn the best strategies of trading, then - choose good altcoins, hold them a bit, and only after - trade.

yes, it's no use for beginners to trade bitcoin, but it doesn't hurt them to try it. if too many beginners learn to master trading strategies without trying it in my opinion it's useless. because a beginner must know what it's like to do real trading.

[Pamadar]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

You can see bitcoin in coinmarketcap(dot)com because the price of bitcoin is in good condition so its better to buy in good exchanges that you see also in coinmarketcap.

You can begin using CMC then study how things works before making any decisions in investing from this Market, plan your investment and make good assumptions don't allow yourself to go inside without any proper knowledge, you can do your study using the internet, watch some videos from YouTube and begin to learn.

[peter0425]

I think by now, the OP has equipped himself with knowledge since there's a lot of suggestion in his thread. And I do hope that he/she will follow what everyone is suggesting. Otherwise, all our comments here are going to be useless, just saying.

[FanEagle]

Before you start trading bitcoin ,it will be much better that you take some time to study the bitcoin trading and learn how it works . There are about three different types of trading I think  and that is Direct Trading, Brokers and Trading platforms. These three are something different. Brokers are just the same with foreign exchange, while Direct trading is what you will see a lot of people in this forum refer to as P2P. Trading platforms are different from the first two I have mentioned, they connect traders and buyers and they collect a fee for it.

There is no sense to trade Bitcoin for a newbie, especially now, when its price is going up. It is better to spend some time more to learn the best strategies of trading, then - choose good altcoins, hold them a bit, and only after - trade.

I don’t really get you, isn’t this the time that traders are even advised to go into trading now that the market is become more  bullish, would he have traded in a bear market or you are confusing a trader to an ordinary investor?

Anyone can trade bitcoin at any time, and now that the market is becoming more volatile, there are lots of dip to buy from and lots of high to sell. He doesn’t need to abstain from the market, all he needs is just to learn thoroughly first and develop the strategy he will apply to his trading which is a necessity, once he can get all these things right, then he is very good to trade bitcoin at any time.

[nicolaz.zhu]

Where do you come from? Bitcoin can be sold on several exchanges such as bittrex, binance, huobi and many more. You can sell it into USD currency. Then you drag and drop it to the credit card or bank account you are using.

[MonsterV]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

There are many ways to be able to buy bitcoin, either through exchange or crypto purchase platform.
But in your country you don't have a local exchange that can use the bank, it's better to buy it through coinbase because you can go through the bank. Then after that start doing what you want to do with your bitcoin.

let's study here: https://www.bitcoin.com/guides

[BlackFor3st]

You can always choose the top exchanges in coinmarketcap but the best suggestion that I can give to you is ask yourself first if what are the available exchanges in your country. It is better to use an exchange from your country if there are decent exchanges that you can find.

If you don't know where to start then you can start by asking your fellow countrymen especially those in crypto also if what are the exchanges that they are using. Still the decision is in your hand so you better do your research also to avoid those scam exchanges.

[Iceblast]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

My suggestion, do more reading in this forum first. You do not know where to buy bitcoin and trade it only or you do not even know about how to trade as well?
There are many exchanges to buy bitcoin and you may refer to this page https://bitcoin.org/en/exchanges
I think it is better to start with local exchange first if it is available in your country. Then you may try global exchanges when you have learned and tried some trading activities.

good advice for a beginner, the main thing to do is to read first and understand new if it has entered into a local exchange it is very good, because in local exchanges there is a separate community ready to help and ready to guide you to become a bitcoin trader.

[bonker]

You can always choose the top exchanges in coinmarketcap but the best suggestion that I can give to you is ask yourself first if what are the available exchanges in your country. It is better to use an exchange from your country if there are decent exchanges that you can find.

If you don't know where to start then you can start by asking your fellow countrymen especially those in crypto also if what are the exchanges that they are using. Still the decision is in your hand so you better do your research also to avoid those scam exchanges.

Local exchange might not have enough trading orders and also there is no borders for crypto currencies so no need to limit ourselves into our country only while trading bitcoin.You can checkout the coinmarket cap to see where bitcoin was traded mostly and can decide which will work for you.

[bonker]

You can always choose the top exchanges in coinmarketcap but the best suggestion that I can give to you is ask yourself first if what are the available exchanges in your country. It is better to use an exchange from your country if there are decent exchanges that you can find.

If you don't know where to start then you can start by asking your fellow countrymen especially those in crypto also if what are the exchanges that they are using. Still the decision is in your hand so you better do your research also to avoid those scam exchanges.

~

Let the local exchange grow for now, because I am pretty sure that traders with the same nationality as you would be trading in large exchange.  It could be quite convenient to have some local exchange because buying Bitcoin into it won't be that kind of difficult to you since they'll provide option to make you pay in some local established stores to buy Bitcoin.

But local exchange may undergo regulations which is against the decentralization so at that time people will look for the alternatives right.I am not saying don't use local exchange but there is no borders here we can choose whatever we want.

[OrangeSeller]

Where do you come from? Bitcoin can be sold on several exchanges such as bittrex, binance, huobi and many more. You can sell it into USD currency. Then you drag and drop it to the credit card or bank account you are using.

There are other direct and easy measures than going through this process and that is by using a BTM which takes you Bitcoin and spits out cash. Simple is that. BTM has a very simple way of doing things. If you already have an account on an exchange, you could easily scan the QR code and get cash for your Bitcoin. If you want to get Bitcoin into your phone, you could do the same procedure but have to pay from your bank account.

[sujonali1819]

what strategy is the best?

you should describe more about your question to get a proper answer from the forum members. I have understand by the quality of your question that really you are a very newbie in trading. So you should learn the basic of trading first. For that you can choose youtube as your helper. So search on youtube in you local language you can find lot of video in your language and you can easily understand the basic of trading. Good luck

[michellee]

as a newbie, i don't know where to buy bitcoin and trade it from, i hope you can help me 

My suggestion, do more reading in this forum first. You do not know where to buy bitcoin and trade it only or you do not even know about how to trade as well?
There are many exchanges to buy bitcoin and you may refer to this page https://bitcoin.org/en/exchanges
I think it is better to start with local exchange first if it is available in your country. Then you may try global exchanges when you have learned and tried some trading activities.

good advice for a beginner, the main thing to do is to read first and understand new if it has entered into a local exchange it is very good, because in local exchanges there is a separate community ready to help and ready to guide you to become a bitcoin trader.

It's no problem to trade in the local exchanges because he will try to make a profit for the first time before he can be able to trade in the global exchanges. He can learn the basics from the local exchanges first until he can understand how to search the right price and right moment to trade. Besides that, I think if he gets the profit, he can try to withdraw his profit directly to his bank account or send the balance to local sellers that I am sure it's available too.

[romo999]

I believe that at this point you should not trade bitcoin

We can all see that bitcoin prices are correcting very little and there is a strong signal on the H1 chart. I believe that bitcoin prices will fall sharply in the near future.