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Author Topic: How did YOU start trading in bitcoin?  (Read 1301 times)
XavierLaurent
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February 03, 2021, 05:44:45 PM
 #41

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik
My bitcoin trading history began a couple of years ago when I was 21. My friends talked a lot about cryptocurrency, but I hesitated to invest in bitcoin. I was searching for a lot of information about which cryptocurrency is better to invest in, how to do it correctly, and stuff like this. But I made up my mind and it was the best decision!

I advise you to read more about what it is and how it works before you start trading. Because without this knowledge it'll be difficult for you to trade. If you're interested in it, then I can send a list of useful articles that once helped me.

I wish you good luck, buddy! Wink

I believe that a list of some useful articles would go a long way for someone who's starting trading or relatively new to trading in general. Still learning how to be more productive with my trades and how to generate extra profit.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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Nikole Fischer
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February 03, 2021, 06:43:51 PM
 #42

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik
My bitcoin trading history began a couple of years ago when I was 21. My friends talked a lot about cryptocurrency, but I hesitated to invest in bitcoin. I was searching for a lot of information about which cryptocurrency is better to invest in, how to do it correctly, and stuff like this. But I made up my mind and it was the best decision!

I advise you to read more about what it is and how it works before you start trading. Because without this knowledge it'll be difficult for you to trade. If you're interested in it, then I can send a list of useful articles that once helped me.

I wish you good luck, buddy! Wink

I believe that a list of some useful articles would go a long way for someone who's starting trading or relatively new to trading in general. Still learning how to be more productive with my trades and how to generate extra profit.
I can recommend you to read articles by EXMO about trading. They're fresh and contain a lot of useful information. I've already told my friends about it and they really liked it. Personally, I liked the fact that they not only talked about what "trading" is, but gave good tips on how to trade correctly and make a profit from it.

I hope I was helpful Smiley Cheesy
Lanatsa
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February 03, 2021, 06:58:06 PM
 #43

everyone who first joins the cryptocurrency ecosystem must be quite confused. This is indeed a difficult journey, but don't worry, as long as you are disciplined in reading and don't hurry, you can adapt well to this ecosystem.

my first time to know bitcoin from friends and news on the internet. At first, I hesitated, I tried and then stopped, but then chose to focus when I needed more income for my life.

start with a lot of reading, you can search for some topics that you want to learn as a beginner https://bitcointalk.org/index.php?board=39.0
make sure you understand the risks, do not easily believe investment offers from people you do not know, many scammers.

You should be sensible into your actions and don't let yourself on losing that common sense of yours if you are really eager to learn then you would
really need to do hard work on that not just on sitting and doing nothing for you to learn.

We do all start on being a newbie and doesn't able to grasp out everything in first experience but if we do just follow and make our assignment
then we would gradually on having a good grasp as years goes by.

Same goes for me that I do able to learn up trading when I do get curios and was amazed on my friends financial status where trading do
really plays a big role on that.

R


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February 03, 2021, 07:05:16 PM
 #44

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik
My bitcoin trading history began a couple of years ago when I was 21. My friends talked a lot about cryptocurrency, but I hesitated to invest in bitcoin. I was searching for a lot of information about which cryptocurrency is better to invest in, how to do it correctly, and stuff like this. But I made up my mind and it was the best decision!

I advise you to read more about what it is and how it works before you start trading. Because without this knowledge it'll be difficult for you to trade. If you're interested in it, then I can send a list of useful articles that once helped me.

I wish you good luck, buddy! Wink

I believe that a list of some useful articles would go a long way for someone who's starting trading or relatively new to trading in general. Still learning how to be more productive with my trades and how to generate extra profit.

Although people may not like it, but what is more advisable is to read books, but not books on Technical Analysis, books on market speculators, such as Livermore, Wyckoff and others of that style, since in the academies they teach only AT and are expensive, plus AT you can learn for free in any social network, it is best to learn to understand the market so that you can risk your money.

..Stake.com..   ▄████████████████████████████████████▄
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February 03, 2021, 07:33:41 PM
 #45

~snip~
How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
^ I can't teach or give a tip if you do not understand the cryptocurrency market price especially BTC. You must learn first before doing trading, because trading need skills and strategies, if you don't have this, then, trading is not meant for you. My tips are these basic trading strategies that commonly use by others, those who want safe trading, buy low and sell high, this is a very common strategy but yet affected, you are in a safezone.
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February 03, 2021, 07:53:54 PM
 #46

~snip~
How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
^ I can't teach or give a tip if you do not understand the cryptocurrency market price especially BTC. You must learn first before doing trading, because trading need skills and strategies, if you don't have this, then, trading is not meant for you. My tips are these basic trading strategies that commonly use by others, those who want safe trading, buy low and sell high, this is a very common strategy but yet affected, you are in a safezone.
trading in cryptocurrencies is well known for its high volatility, of course this makes traders like this volatility,
but for beginners I am sure it will be difficult and make emotions uncontrollable, because flash dumps can also happen,
starting trading in bitcoin only requires mental strong and understand how to read the analysis correctly, and I am sure you will be ready.

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February 03, 2021, 08:08:33 PM
 #47

The first time I trade BTC was around January, 2017. I just want to have btc then. I called a friend and I paid and he sent me the value of the total amount I sent to him in btc unit. I wanted to use gate.io but the site couldn't open. I have to open an account with Binance, and the btc was sent to my wallet right away. After few days of interacting with the site. I started learning how to go around the site. The first major trade I made was to convert my btc to usdt when I notice the price of BTC was going down. Since USDT is almost a stable coin with a fixed price. And theore the BTC was dumping, I buy back the BTC and that automatically increase the unit of my BTC. I do that over, and over again. Till I almost double the unit of the BTC I have then.

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February 03, 2021, 10:06:06 PM
 #48

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik

In my experienced, I started to trade Bitcoin through joining in bounties. Then , after the campaign project is done it will follow to be list in the exchange were once I receive my rewards token into the project it will be my chance to sell it then, it will convert automatically into bitcoin trading fair.
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February 03, 2021, 10:25:34 PM
 #49

I started trading when I was bored to work under the pressure of others so I decided to find a source income that can help me stand to meet my daily life and I found tradinv crypto especially bitcoin.

At that time I see trading is very easy to do and I can make a lot of money from it, but it was wrong. Trading is not easy until whenever, you need a lot of money for your capital, your brain to think every strategy and also your time to learn.

Until now, I still trade bitcoin and yeah I have lost a lot of money comparing to I got money. But I understood it, everything will need a proccess and I'll never leave this field, I'll always stand to learn and I'll spend all of my time to learn how to trade well so as I can get money that I want.
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February 03, 2021, 10:28:24 PM
 #50

Be sure to start trading bitcoin not in peak condition. My point is not to buy bitcoin when the price is already high. For beginners like you,
there are many lessons you need to understand about bitcoin. Before entering the trade, there is much to know about criptocurrency
terms that will confuse you. Always beware of many scammers in this crypto.

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February 03, 2021, 11:27:03 PM
 #51

Be sure to start trading bitcoin not in peak condition. My point is not to buy bitcoin when the price is already high.

There is no exact level where we can consider it as a high price. A $10,000 before is a high price but now, it's now considered a cheap price.

A newbie can enter at any price they want as they don't need to purchase a whole Bitcoin to start.

For a trial, they can start with a small amount then do some analysis on the way. Price swing regularly happens, they can start testing their strategies there and not just by holding.


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February 03, 2021, 11:59:19 PM
 #52

My debut in the crypto world is as a bounty hunter and I started my trading with Bitcoin was because I gt the reward from bounty rewards. yeah, this is true, I started fro zero balance or no deposit because I am not sure if I can make it for real income.
At first, just try to read as much information about crypto, Bitcoin especially, trading and everything that can make us support our knowledge.
IAnd trading is not something that is instant. Trading Bitcoin sometimes needs developing ways in order to know and fit the market condition right now.
If you are a newbie enough, you can start by learning the basics, being ready with the risks besides the profits, and also keep learning endless. Then, you may deposit a few balances to a certain exchange if you want to start Bitcoin. ANd in this case, you can start learning to trade Bitcoin with a small balance at first ANd ensure that you choose spot trading for beginners.

R


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UmbrageGarry
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February 04, 2021, 10:42:49 AM
 #53

It all started with the interest of mining coins on your computer. Then when I understood the market a little I started trading coins so my earnings began to rise rapidly.
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February 04, 2021, 12:23:40 PM
 #54

My debut in the crypto world is as a bounty hunter and I started my trading with Bitcoin was because I gt the reward from bounty rewards. yeah, this is true, I started fro zero balance or no deposit because I am not sure if I can make it for real income.
At first, just try to read as much information about crypto, Bitcoin especially, trading and everything that can make us support our knowledge.
IAnd trading is not something that is instant. Trading Bitcoin sometimes needs developing ways in order to know and fit the market condition right now.
If you are a newbie enough, you can start by learning the basics, being ready with the risks besides the profits, and also keep learning endless. Then, you may deposit a few balances to a certain exchange if you want to start Bitcoin. ANd in this case, you can start learning to trade Bitcoin with a small balance at first ANd ensure that you choose spot trading for beginners.

maybe what you experience is the same as my situation and usually almost everything starts from a bounty hunter and rarely directly from your own capital. because obviously we don't know how to trade properly and it takes time to be able to understand what trading means.

with the development of time and we have at least mastered and can analyze the results of the bounty we will exchange little by little to bitcoin before we finally really want to trade specifically for bitcoin. will definitely start with a nominal that is not large.

I agree with you that we must be instilled that in trading will not definitely get always a profit, because we may analyze or execute wrong so that the price does not match the forecast which results in losses. but with the passage of time we will be able to control ourselves to always be ready in every trade so that losses do not happen again.

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February 04, 2021, 02:35:12 PM
 #55

-

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
-
Learned the basic in a simple Youtube video. Tried to follow along but still ended up in a loss because price is so unstable that I let of with my emotions.
How to do it too? Watch videos, don't buy courses first. If there's anything I could've done more, it would be reading books about trading.

Tips for beginners? Don't let the emotion get into you. It's the most overlooked by many newbies.
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February 04, 2021, 02:41:01 PM
 #56

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
Well before I trade Bitcoin of course I did make sure that I have enough knowledge on it because it will be like suicide if I enter the market without anything know. Then I start reading some tips, what the do's and don't upon trading, and mostly here in this forum that is why you are on a good track and doing the right thing. I used to try trade on a demo account to gain experience before I enter the real battle.

Quote
Do you have any tips for begginers?
Just the basic like don't be greedy, don't put all of your eggs in one basket, never leave your stash on the exchange, invest only the money you can afford to lose, and more. Try to gain experience on a demo account before going on the real thing. Be careful with your storing your coins. You can all learn all tips as you go on don't worry about it.



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February 04, 2021, 03:17:31 PM
 #57

I started as a trader using a small amount of capital. This is to just experience the actual scene of being a trader, so even if I lose the money its not going to hurt that much since I only use a small amount. I actually have someone who teach and guide me throughout thats why its not hard in my part to understand how trading works and what to expect.

What I can advice to newbies are dont rush things. Gain knowledge first, many videos and articles are available online that can help you to better understand trading. Use only the capital that you can afford to lose and dont buy at peak price regardless how good the coin is.

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February 04, 2021, 05:11:29 PM
 #58

First I gained knowledge about it. How to sell/buy. Where to sell and buy and which exchange is suitable for trading. Like many exchange ange has great advantage like low withdraw fee, high exchange rate etc etc.
Then i enriched my assumption power. Because everything depends on a well calculated decision in trading. So its the most important think to know actually where to invest.
So thats how i started my journey

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February 04, 2021, 05:13:31 PM
 #59

Hello everyone!  Grin
I am a starting player at the BTCitcoin trading world- haven't bought any yet.
 Just a young man looking for investing his money from high school, and I don't know where to start! Smiley

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
 
 Huh


Happy 2021 -Tzutzik
The most important tip I can give you is to not begin your journey as an investor or trader without taking the time to study the markets, trading on the surface may seem easy, you just buy a coin and then wait until its price goes up and then you sell for a profit, but trading is way more complex than that and most newbie traders lose all their money in less than a year, if you want to avoid being a statistic then you need to learn more about the markets and that can only be done by watching some YouTube videos, reading websites about the topic and reading books, only after months of study you should consider to begin to invest in this market.
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February 04, 2021, 07:27:36 PM
 #60

Mine came when I first heard bitcoin, trading wasn't really something I was comfortable with, I have been investing since 2009 to 2010 years, I think early 2010 is more correct. Ever since those days I have invested into anything I found valuable and underpriced, and by 2013 or so I learned about bitcoin and had a bit of money and I invested into it, and also mined it a bit as well, nothing too big and I sold it waaay early and made a bit profit but nothing close to this, I had a lot of bitcoins that would worth a lot now but ended up selling for few thousand dollars profit.

Ever since those days I do trades here and there, I am still mainly an investor, I like putting money into coins I like, latest is bnb which is third coin I like a lot, first two was bitcoin and ethereum. I just trade here and there when some coins go down under the price I believe it should be and sell when it goes above.

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