byt411
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May 30, 2014, 10:52:48 PM |
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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?
He made a 1.4% profit. Wow. Tip: Buy Low, sell high. Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding.
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Zebra
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May 30, 2014, 11:07:35 PM |
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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?
He made a 1.4% profit. Wow. Tip: Buy Low, sell high. Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding. He earned 1.4% profit in just 5 days (which is indeed not bad), and the profit in terms of bitcoin (so he earns on top of increasing price as well). Having said that, I don't suggest anyone to day-trade, unless you have confidence, knowledge and experience, and you are only using the money you can afford to lose.
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Cryptopher
Legendary
Offline
Activity: 1789
Merit: 1008
Keep it dense, yeah?
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May 30, 2014, 11:09:45 PM |
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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?
He made a 1.4% profit. Wow. Tip: Buy Low, sell high. Trading has many risks involved, and that "profit" is too little for the risk. As you might see, the price of bitcoin is rising, so I am profiting by just holding. He earned 1.4% profit in just 5 days (which is indeed not bad), and the profit in terms of bitcoin (so he earns on top of increasing price as well). Having said that, I don't suggest anyone to day-trade, unless you have confidence, knowledge and experience, and you are only using the money you can afford to lose.This is true, and I think that confidence is absolutely critical. Knowledge and experience can boost your confidence, but you need the balls to hit the buy button too. I've missed out many times for not going with my instincts.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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lemfuture
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May 30, 2014, 11:13:02 PM |
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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? sometimes a variety of reason a bag holder needs to liquidate
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1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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audereyy
Member
Offline
Activity: 96
Merit: 25
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May 31, 2014, 12:19:52 AM |
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Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable
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byt411
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May 31, 2014, 12:22:51 AM |
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Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable
Since when has bitcoin price stabilized?
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Mobius7
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May 31, 2014, 02:12:09 AM |
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Sometimes I am trading on btc-e as well, but only during a periods when price is very unstable
Since when has bitcoin price stabilized? Never lol. Even for relatively stable period (like in first half of 2012), you can still find price going up or down 10% a day from time to time.
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androz
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May 31, 2014, 03:11:47 AM |
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So I just started trading. Can someone give me any pro tips?
buy and hold is the safest way. if u want to take the risk go on in trading but never more u can afford to lose. day trading and scalping require skill and luck, i remember that at beginning i made some btc in a month but in one day i lost all the gains be careful
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Trading
Legendary
Offline
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
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May 31, 2014, 03:30:10 PM |
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Identify the main trend, buy according, and hold. If you keep buying and selling, you probably will lose your money.
Or do arbitrage. Buy at one exchange, sell higher, at another.
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ashe
Newbie
Offline
Activity: 56
Merit: 0
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May 31, 2014, 03:34:46 PM |
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So the question is would you rather gamble? or trade?
Its the same thing right? lol.
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subercoin (OP)
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May 31, 2014, 03:56:29 PM |
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So I just started trading. Can someone give me any pro tips? I started with 0.1 BTC and now I have 0.10147353 BTC, woohooo. Where are you trading? How long did it take you to make 147k? btc-e And I did only those trades which you can see at my picture, to get 147k. But now I withrawed everything because it is very risky to trade because btc is going up so fast. I made my profits to 550k before that.
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Dxuz
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May 31, 2014, 04:29:16 PM |
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so far my strategy is buy low sell high i know it's not a best strategy though, buy i do make some profit
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ncsupanda
Legendary
Offline
Activity: 1628
Merit: 1012
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May 31, 2014, 06:02:42 PM |
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so far my strategy is buy low sell high i know it's not a best strategy though, buy i do make some profit This is actually THE strategy to have. Don't doubt the buy low sell high mindset. Or you could do like me - buy low buy high.
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CoinDiver
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May 31, 2014, 06:15:14 PM |
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Or you could do like me - buy low buy high.
This ^ I've been buying whatever I can, at whatever price. I've been buying fairly steadily since about $850... all the way down in to the high $300s. I'm keeping track of everything, and sitting at about 120% of the USD value of what I paid.
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Trading
Legendary
Offline
Activity: 1455
Merit: 1033
Nothing like healthy scepticism and hard evidence
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May 31, 2014, 06:28:43 PM |
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Trading and gambling is different, since you can base the first on previous prices and on the trend.
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Dxuz
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June 01, 2014, 05:45:25 AM |
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so far my strategy is buy low sell high i know it's not a best strategy though, buy i do make some profit This is actually THE strategy to have. Don't doubt the buy low sell high mindset. Or you could do like me - buy low buy high. lol, buy low buy high. It need some bitcoin
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CEG5952
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June 01, 2014, 05:49:54 AM |
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They always say: Don't trade what you can't afford to lose.
Past that, just don't get too emotional. Don't chase momentum/price. Buying when the price is dropping is better than buying when the price is rising. Those are my general rules, anyway.
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junshong
Full Member
Offline
Activity: 192
Merit: 100
Hi!
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June 01, 2014, 06:20:20 AM |
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Trading is considered as a gamble, Bitcoin value might fall to a low amount and you will lose everything. Trade only with a small amount.
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berkelip
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June 01, 2014, 06:53:52 AM |
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good job trading need a patience to get profit i got profit without trading may 29th I received salary 0.0534btc = $30 and now 0.0534btc = $33 profit $3 in 3 days just hold in my wallet
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