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Author Topic: How did YOU start trading in bitcoin?  (Read 1301 times)
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April 02, 2021, 10:48:29 PM
 #141

If you are interested in a thing, definitely you will find a way to know it more. Some go online research, asking an expert, and some are asking from their friends.
I'd come into trading not because somebody tells me. I'd just come because I just saw it online but to be honest, it doesn't have a good start and it is really hard to adjust the market if you only have limited knowledge about trading. I decided to stop coz I realize that if I continue, it only accumulates my losses and beats me ended nothing. I study it, have practice, and from those bad experience, it teaches me a lot, and encourage me to work hard and to continue learning.




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April 02, 2021, 11:55:01 PM
 #142

I started trading by attending some lecture on bow to trade cryptocurrency. After this, I began to research on how to become a profitable trader by reading a lot of documents online and watching YouTube Video on strategies. It takes some time to get most of the things rightly (2 years of consistency), but I am a better trader now.
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April 03, 2021, 12:42:27 AM
 #143

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

I started on Bitcoin trading as zero knowledge, no budget, but I begun with joining in bounty campaign.
Where the rewards I received from it then when it listed in the exchange I begun with doing trade in the platform.
And my only advise or tips is always feed yourself an idea via reading most of the time here in the forum.
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April 03, 2021, 02:16:09 AM
 #144

I started trading by attending some lecture on bow to trade cryptocurrency. After this, I began to research on how to become a profitable trader by reading a lot of documents online and watching YouTube Video on strategies. It takes some time to get most of the things rightly (2 years of consistency), but I am a better trader now.
2 years that you're able to spend on what you are right now? That's a lot of patience that you did there and that's also what many of the newbies must hear from you. Because a lot of newbies today think that it's easy to go and trade as much as they can and earn just like those experienced ones do. But they don't realize that people like you who trained yourself to become good at trading and include me to those investors who have strengthened the discipline of being patient.

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April 03, 2021, 01:09:29 PM
 #145

Curioisity once comes up to you, it will allow you to find or seek for ways how to learn about the venue of investment

that you aiming to participate, it's tough and it takes time for you to understand everything, it's not like something

that quickly be learned, you need to put efforts and dedications.
The weird part is, when that curiosity comes it never leaves. Back way years ago when I first about bitcoin I didn't care about it, and I was here as well and I checked it more than any other person at the time and I still didn't get in because I was afraid of losing real money for some "internet money" that I wasn't so sure about. If I invested during that period I would have been a very wealthy person by now, more than anyone I know, could have been maybe even reach nearly a billion dollars if I was lucky enough, it was totally possible.

However what did I do? I ended up with not putting any real money into it and then bitcoin went up a lot (around 100-200 dollars) and I came in at that time. I didn't even put money in it at that time neither, because I was an idiot. So long story short if you see it once, you will come back to it once again.

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June 02, 2021, 12:36:20 PM
 #146

once my friend from abroad sent me money that's how it all starts

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June 02, 2021, 01:21:13 PM
 #147

I started trading by attending some lecture on bow to trade cryptocurrency. After this, I began to research on how to become a profitable trader by reading a lot of documents online and watching YouTube Video on strategies. It takes some time to get most of the things rightly (2 years of consistency), but I am a better trader now.
2 years that you're able to spend on what you are right now? That's a lot of patience that you did there and that's also what many of the newbies must hear from you. Because a lot of newbies today think that it's easy to go and trade as much as they can and earn just like those experienced ones do. But they don't realize that people like you who trained yourself to become good at trading and include me to those investors who have strengthened the discipline of being patient.
right, we meet many beginner traders who want to have income like pro traders. they seem to want a shortcut that is to get money easily and in a short time. without them knowing they are categorized as gamblers, and this is a delicacy by the whales. they are victims of options without hard work, we must remember that in trading capital security is the main requirement
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June 04, 2021, 04:01:49 AM
 #148

How did you start trading in bitcoin?
How could I do that too?
Do you have any tips for begginers?
My response for now is not the right time for you to start trading Bitcoin, but if you want to do it anyway you have to really know the current state of the market, otherwise you will have a bad experience.

Solution: you have to be patient to monitor the state and movement of Bitcoin in the future before you trade, if your luck is good you have to wait for Bitcoin to actually decline at the lowest price.

For Tips you can read and learn below.

Topic: Trading Tips for Beginners

R


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June 04, 2021, 05:57:44 AM
 #149

I started trading by attending some lecture on bow to trade cryptocurrency. After this, I began to research on how to become a profitable trader by reading a lot of documents online and watching YouTube Video on strategies. It takes some time to get most of the things rightly (2 years of consistency), but I am a better trader now.
Congratulations on your becoming a profitable trader for 2 years, it does prove that learning and biding your time in trading is really worth doing because you will reap the benefits big time. My introduction to trading was simple, I just saw my friends do it and I talked to them about and they are eager to teach me and I am still a newbie but I haven't had any big losses so far.

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June 04, 2021, 08:21:26 AM
 #150

I started trading by attending some lecture on bow to trade cryptocurrency. After this, I began to research on how to become a profitable trader by reading a lot of documents online and watching YouTube Video on strategies. It takes some time to get most of the things rightly (2 years of consistency), but I am a better trader now.
it is clear that a lot of learning and direct practice, even though starting with small ones, will be more able to achieve goals because they are able to be able to find out existing deficiencies and correct mistakes for bigger ones.
Of course it takes tenacity as you do with a fairly long time of almost 2 years but finally being able to produce the intended is something of happiness in itself.

Congratulations on your becoming a profitable trader for 2 years, it does prove that learning and biding your time in trading is really worth doing because you will reap the benefits big time. My introduction to trading was simple, I just saw my friends do it and I talked to them about and they are eager to teach me and I am still a newbie but I haven't had any big losses so far.
It's not easy to become a trader if you look at the results of the colleague above which took more than 2 years to learn a lot, but actually you can also directly practice with a small capital first, following the analysis we learned while seeing where the shortcomings we face because not all will be the same because in practice directly there will be problems coming up can be different. should not give up even though the cost that is drained is also not small.

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June 04, 2021, 08:00:27 PM
 #151

How? of course by trying it, I registered the first exchange on HitBtc because I am a bounty hunter and often token listing there,
and the first thing I did was that, then I tried to trade with airdrop capital, and until now I am still trading, yes, Failure is learning,
of course you don't feel like mistake is a failure , your mistake is a sense for you

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June 05, 2021, 04:17:27 PM
 #152

The first thing to do in starting out as a trader is to learn as much as possible about trading.
The next thing is to research about the best exchange or suitable exchange for you. There are several exchanges and you'd need to select the best one for you depending on your country.
Thirdly, you'd need to practice trading. Either with a demo account or practicing with an amount of money you can afford to lose. I, however, believe trading with a real account instead of a demo account is advisable.

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June 05, 2021, 05:20:03 PM
 #153

Just invest when the market is low. And I think it also depends on how long you want to be holding your investment (that’s if you’re going for a Hodl,) you can decide to invest now at the current and wait for two years or even four years.

I have seen someone who invested in bitcoin in their first year and Hodl’ed till they graduated from school, that’s for four years. Not everyone can do that, but if you can, it’s okay as that will give you more chances of making profit from the market. Then if you want to be a day trader, that’s also a pretty good idea. I started with HODL, until I noticed that my friends were frequently buying every assets whether the price is going up or down, while I only wait till the prices are low to buy. That’s when I knew that they were day traders, and I decided to join.

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June 05, 2021, 10:40:15 PM
 #154

Luckily I had access to a reliable exchange for Bitcoin only right from the start, but we all know what happened to cryptsy and I was part of that disaster as well.
That was my first big disappointment and I thought I should stop for a while until there are regulated trading places for alt coins. Usually all exchanges with alt coins were suspicious to say the least.

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June 06, 2021, 05:00:31 PM
 #155

You can likewise purchase from somebody, perhaps a companion who will at that point ship off your own wallet. Then again, in the event that you need to turn into a broker, you should go further by learning about exchanging. I used to stand by up to that point, and further sell the tokens. In those days I never searched for benefit, further gradually found out about the way toward exchanging to make benefit.


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June 06, 2021, 05:37:09 PM
 #156

I was gambling and playing pyramid scheme in those days and one of those pyramid scheme asked for payment in bitcoin, then I started researching bitcoin and realise how revolutionary it could be if adopted by people all over the world! I bought my first bitcoin and started  trading ever since!

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June 07, 2021, 05:33:14 AM
 #157

I started trading when I got bitcoin as payment when I sell some of my stuff online, and I don't know about Bitcoin back then. I was looking for a way to convert bitcoin to fiat money then I got interested in cryptocurrency. With my $100 investment, I didn't expect to earn four times my investment in just a few weeks. I guess my beginner luck is superb. After that, I read a lot of strategies and tip about crypto trading.
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June 07, 2021, 12:51:09 PM
 #158

I was gambling and playing pyramid scheme in those days and one of those pyramid scheme asked for payment in bitcoin, then I started researching bitcoin and realise how revolutionary it could be if adopted by people all over the world! I bought my first bitcoin and started  trading ever since!
It is precisely when gambling and playing in a pyramid scheme that makes you interested in bitcoin,
Of course it is a good move and trading is more profitable than gambling,
and I think it's the right decision you switch to cryptocurrency trading

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June 07, 2021, 02:31:32 PM
 #159

hello if you want to start trading bitcoin i can help you easily. you can pm me and i will help you to trade but for early stages you should look into trading specifically the binance. right now i am trading at binance but not earning that much but i am earning steadily. may be 10 $ per day. but when i will have an investor i can earn more..
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June 07, 2021, 06:59:53 PM
 #160

Luckily I had access to a reliable exchange for Bitcoin only right from the start, but we all know what happened to cryptsy and I was part of that disaster as well.
That was my first big disappointment and I thought I should stop for a while until there are regulated trading places for alt coins. Usually all exchanges with alt coins were suspicious to say the least.
Yeah I remember earlier the exchanges were few and the traders had no choice but to trust them. Now with so many established exchanges that problem is finally solved and with the entry of decentralized exchanges, the market is getting more and more robust slowly.

Stable coins solved the biggest problem in my opinion because I remember when I was new to this community and exchanges, I always had to cash my coins through a local seller when the market was dropping and they would charge a premium commission at those times and I would either have to wait and watch the value drop or had to pay extra premium fees. Similarly, when the price was going up, the local seller was charging extra for buying. With USDT, I can always sell/buy at market rate.

Traders from a few years ago can relate to the pain I am sharing. It sounds like it wasn't a big problem but it was a huge pain to pay extra fees and even involve bank in all transactions and later during tax filing I had to explain those transactions.

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