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Author Topic: I started tradeing.  (Read 1941 times)
subercoin (OP)
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May 30, 2014, 08:43:29 AM
Last edit: May 30, 2014, 09:14:20 AM by subercoin
 #1

So I just started trading.
Can someone give me any pro tips?

I started with 0.1BTC and now I have 0.10147353BTC, woohooo.


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May 30, 2014, 09:13:13 AM
 #2

Good to see you got started trading. I'm no pro and I always lost in trading and a big time as I only tried ALT trading.But your BTC/USD trade seems good; not much risk involved. Good luck
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May 30, 2014, 12:49:33 PM
 #3

Here's a tip, stop trading such small amounts and just put your whole 0.1 down and hold for a bit. You'll make much larger returns than 1mbtc that way.

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subercoin (OP)
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May 30, 2014, 12:50:29 PM
 #4

Here's a tip, stop trading such small amounts and just put your whole 0.1 down and hold for a bit. You'll make much larger returns than 1mbtc that way.

If I hold 0.1BTC, I will earn 0BTC

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May 30, 2014, 01:03:55 PM
 #5

Here's a tip, stop trading such small amounts and just put your whole 0.1 down and hold for a bit. You'll make much larger returns than 1mbtc that way.

If I hold 0.1BTC, I will earn 0BTC

True, but if you hodl 0.1BTC you might make more $$$. If you lose it trading you'll also have made 0BTC.

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May 30, 2014, 02:55:35 PM
 #6

Wow, nice job buddy!

Can you give me some tips? Also, how come you guys state just to hold, when he made a quick profit on what he did?

Do you guys have experience in this? whats your profit on just holding then trading?
Yeah?
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May 30, 2014, 03:01:45 PM
 #7

Easy come easy go, just remember that.
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May 30, 2014, 03:06:00 PM
 #8

time is the secret. always bid. there's always going to be a dumper sooner or later.

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May 30, 2014, 03:14:57 PM
 #9

time is the secret. always bid. there's always going to be a dumper sooner or later.

Why a dumper? can you explain a bit?
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May 30, 2014, 03:16:20 PM
 #10

best of luck. Always use stoploss in trading.

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May 30, 2014, 03:42:57 PM
 #11

Have you studied technical analisys or are you just trading for fun?
If your main goal is to take easy profits just buy all that you can afford, put the btc in a cold wallet and sleep for two-three years.

When you will wake up you magically have gained 10x or 100x of your starting $ investment.

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May 30, 2014, 05:51:26 PM
 #12

My biggest tip is one that gets repeated a lot around these forums:

Don't gamble BTC (or any money) that you aren't willing to lose.

In this situation you could make a great trade and double your BTC, or you might lose out. Either way, good luck!
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May 30, 2014, 06:06:07 PM
 #13

Hi,
Very nice start Smiley
Not bad at all, but if you want to make some money you must risk a lot more and hold for more time. But must know that you are wlakingo n the edge Wink Be careful!It is addictive!
BR
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May 30, 2014, 07:54:55 PM
 #14

So I just started trading.
Can someone give me any pro tips?

I started with 0.1BTC and now I have 0.10147353BTC, woohooo.



Where are you trading? How long did it take you to make 147k?

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May 30, 2014, 08:04:55 PM
 #15

It might be worth you investing your BTC in an alt coin traded in BTC only i.e. TRC, FTC or XPM.

You can leverage on them to increase your BTC stake. TRC is usually a good one to go for as it seems to shift more than FTC, probably due to the thinner order books.

Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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May 30, 2014, 08:48:18 PM
 #16

My biggest tip is one that gets repeated a lot around these forums:

Don't gamble BTC (or any money) that you aren't willing to lose.

In this situation you could make a great trade and double your BTC, or you might lose out. Either way, good luck!

Yes, this is like outside btc world, dont gamble money you need and dont gamble because you need money.
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May 30, 2014, 09:44:00 PM
 #17

Where are you trading? How long did it take you to make 147k?

Looks like btc-e.com to me, judging by the snapshot. The BTC/USD pair.

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May 30, 2014, 09:49:31 PM
 #18

Here's a tip, stop trading such small amounts and just put your whole 0.1 down and hold for a bit. You'll make much larger returns than 1mbtc that way.

If I hold 0.1BTC, I will earn 0BTC

But you will have no risk in that case.
You could lose in trading easily, especially when you have little knowledge or experience. Smiley

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May 30, 2014, 09:55:18 PM
 #19

Stop. Hold. You will lose trading. There are people out there way smarter than me and you that will eat your btc for lunch. They have no emotions, and will suck you dry for having any. The best investment I've made was putting my btc in JustDice, and backing the house. I'm creeping up on a year invested, and I've made about a 40% ROI, and my original investment is as nearly as liquid as holding it in my own wallet. Requires a bit of trust though.

http://mises.org/daily/3229
BTC:1PEyEKyVZgUvV4moXvCD5rQN21QETGPpLc
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May 30, 2014, 10:09:43 PM
 #20

Stop. Hold. You will lose trading. There are people out there way smarter than me and you that will eat your btc for lunch. They have no emotions, and will suck you dry for having any. The best investment I've made was putting my btc in JustDice, and backing the house. I'm creeping up on a year invested, and I've made about a 40% ROI, and my original investment is as nearly as liquid as holding it in my own wallet. Requires a bit of trust though.

That is indeed a pretty good way to earn some more bitcoin from your bitcoin.
You just need to remember not to invest in some new bitcoin casinos. Smiley

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