gondel (OP)
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Activity: 1946
Merit: 1005
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June 12, 2014, 09:38:00 AM |
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Hello all!
Is it possible someone to teach and give me some good tips about trading. I lost a little amount of money in Cryptsy and they also fucked me up with some coins. I want some help about finding which sites are best for beginners, what strategies are winning, etc.
If you teach me i can give you 5 of my earning with trading or use refferal link for you or something like that.
Thank you!
BR
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Ibian
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Activity: 2268
Merit: 1278
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June 12, 2014, 09:39:32 AM |
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Don't trade. That's my tip for you. If you really really want to, go read about it until you feel you no longer have any questions to ask. Otherwise just hold what you got.
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Look inside yourself, and you will see that you are the bubble.
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Parazyd
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June 12, 2014, 09:40:46 AM |
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Buy low and sell high. That's all you need to know.
Depending on your luck, you can lose some money or get some money.
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gondel (OP)
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Activity: 1946
Merit: 1005
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June 12, 2014, 10:00:46 AM |
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Buy low and sell high. That's all you need to know.
Depending on your luck, you can lose some money or get some money.
Yes sure , i know that, but for example there are a lot of different trading bots and also i see a lot of people winning from this. I dont want to make living of trading, but to get into the math  BR |
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LiteCoinUser84
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June 12, 2014, 10:53:21 AM |
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Buy low and sell high. That's all you need to know.
Depending on your luck, you can lose some money or get some money.
Yes sure , i know that, but for example there are a lot of different trading bots and also i see a lot of people winning from this. I dont want to make living of trading, but to get into the math BR What you see and what actually happens are two different things especially on BTCtalk... there has never been a proven 100% successful bot and there are risks with all investments. |
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Gianluca95
Legendary
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Activity: 1582
Merit: 1196
Reputation first.
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June 12, 2014, 10:56:23 AM |
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Hello all!
Is it possible someone to teach and give me some good tips about trading. I lost a little amount of money in Cryptsy and they also fucked me up with some coins. I want some help about finding which sites are best for beginners, what strategies are winning, etc.
If you teach me i can give you 5 of my earning with trading or use refferal link for you or something like that.
Thank you!
BR
If you're a beginner, stay away from trading because you have the risk of losing money. So, If I can give you an advice, learn before, all strategy and terms of the trader, then when you're able to trade, use what you've learned. Good Trading |
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TookDk
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Activity: 1960
Merit: 1062
One coin to rule them all
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June 12, 2014, 11:01:16 AM |
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If you're a beginner, stay away from trading because you have the risk of losing money. So, If I can give you an advice, learn before, all strategy and terms of the trader, then when you're able to trade, use what you've learned. Good Trading Totally agreeing to this. Keep in mind: when someone "earn" on trading then is someone loosing on trading. If you take out the luck factor, then is Pro's the one earning and noobs are the one loosing. Best advice from me: stay far away from daytrading. Take you bitcoins, hide them away (far way from any exchange) and enjoy that they are worth more 5-10 years from now. You sleep much better on a pillow with a loaded paper wallet inside compared to having bought 4 trillion crapaltcoin41. |
Cryptography is one of the few things you can truly trust.
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olloman
Sr. Member
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Activity: 433
Merit: 250
Crypto Angel
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June 12, 2014, 11:03:41 AM |
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I'm far from being a good trader, but I saw that as long as I used "big" exchanges such as Cryptsy or Mintpal to speculate, I always ended up losing. The reason is that once a coin gets mainstream and reaches "big" exchanges, it has already boomed, and can only get higher thanks to pumps, which are impossible to predict if you are not the whale/team pumping.
I started to gain when I moved to smaller exchanges such as Coinnext and Bittrex, you have to do a lot of research about coins and then invest in those you think are promising when their market cap is still small, because that is the moment before the true rise occurs.
Luck is always a big factor, but if you keep trying you will eventually hit the jackpot. I lost a lot of btc speculating without experience, then all of a sudden I put less then a btc into XC at the right moment when it still was only on Bittrex, and a few days later I found myself with almost 20 btc, repaying all the losses I ever had an also having a nice profit.
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TookDk
Legendary
Offline
Activity: 1960
Merit: 1062
One coin to rule them all
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June 12, 2014, 11:15:50 AM |
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I'm far from being a good trader, but I saw that as long as I used "big" exchanges such as Cryptsy or Mintpal to speculate, I always ended up losing. The reason is that once a coin gets mainstream and reaches "big" exchanges, it has already boomed, and can only get higher thanks to pumps, which are impossible to predict if you are not the whale/team pumping.
I started to gain when I moved to smaller exchanges such as Coinnext and Bittrex, you have to do a lot of research about coins and then invest in those you think are promising when their market cap is still small, because that is the moment before the true rise occurs.
Luck is always a big factor, but if you keep trying you will eventually hit the jackpot. I lost a lot of btc speculating without experience, then all of a sudden I put less then a btc into XC at the right moment when it still was only on Bittrex, and a few days later I found myself with almost 20 btc, repaying all the losses I ever had an also having a nice profit.
I like you story, thanks for sharing. I think you have to ask yourself real careful if you have the "psyche" to be a daytrader, you really need to be smart, lucky and have ice cold patient. I was doge millionaire back in December (for the lolz) and hold all the way until the +200 pump (and sold) - but honesty, not worth it. I slept bad, had to check on the exchange rates all the time. Now I have paper-wallets and physical bitcoins - My coins are safe and I sleep very well during the night - priceless  |
Cryptography is one of the few things you can truly trust.
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olloman
Sr. Member
Offline
Activity: 433
Merit: 250
Crypto Angel
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June 12, 2014, 11:26:04 AM |
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I'm far from being a good trader, but I saw that as long as I used "big" exchanges such as Cryptsy or Mintpal to speculate, I always ended up losing. The reason is that once a coin gets mainstream and reaches "big" exchanges, it has already boomed, and can only get higher thanks to pumps, which are impossible to predict if you are not the whale/team pumping.
I started to gain when I moved to smaller exchanges such as Coinnext and Bittrex, you have to do a lot of research about coins and then invest in those you think are promising when their market cap is still small, because that is the moment before the true rise occurs.
Luck is always a big factor, but if you keep trying you will eventually hit the jackpot. I lost a lot of btc speculating without experience, then all of a sudden I put less then a btc into XC at the right moment when it still was only on Bittrex, and a few days later I found myself with almost 20 btc, repaying all the losses I ever had an also having a nice profit.
I like you story, thanks for sharing. I think you have to ask yourself real careful if you have the "psyche" to be a daytrader, you really need to be smart, lucky and have ice cold patient. I was doge millionaire back in December (for the lolz) and hold all the way until the +200 pump (and sold) - but honesty, not worth it. I slept bad, had to check on the exchange rates all the time. Now I have paper-wallets and physical bitcoins - My coins are safe and I sleep very well during the night - priceless very true, stress is an important factor to evaluate. I personally have a lot of free time at the moment so I can "afford" spending much time in front of my pc checking exchanges, and I'm investing coins I gained through speculation and that I can afford to lose. If you are going to invest your hidden stash of bitcoins you are holding long term and/or have another main occupation (study/work/family/etc.) I would consider very carefully if it is the case to start trading |
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kehtolo
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June 12, 2014, 11:30:45 AM |
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I would say don't do it until you've learned a little. (and by a little i mean a LOT!!)
Try making some predictions and then see does the market follow them... and then when it doesn't you haven't lost anything!
When you feel you are ready to predict the market, then put a little in at first.
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The next 24 hours are critical!
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gondel (OP)
Legendary
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Activity: 1946
Merit: 1005
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June 12, 2014, 12:06:02 PM |
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Thank you all for the great comments! May be I will stick to the books and read little more about trading before start! Wish all the best Thanks! BR |
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johnatan32
Newbie
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Activity: 45
Merit: 0
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June 12, 2014, 05:03:59 PM |
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I would say don't do it until you've learned a little. (and by a little i mean a LOT!!)
Try making some predictions and then see does the market follow them... and then when it doesn't you haven't lost anything!
When you feel you are ready to predict the market, then put a little in at first.
You're right, that's how I started I watched for half a year and I made my predictions and see how many times I was right and some times not, and I became good I started putting money |
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BitCoinDream
Legendary
Offline
Activity: 2324
Merit: 1204
The revolution will be digital
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June 12, 2014, 05:13:40 PM |
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Buy low and sell high. That's all you need to know.
Depending on your luck, you can lose some money or get some money.
Yes sure , i know that, but for example there are a lot of different trading bots and also i see a lot of people winning from this. I dont want to make living of trading, but to get into the math BR First and foremost lesson is stay away from BOTs. Use your brain. If the BOTs were correct, their creators wont have released them, but used it for themselves. |
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Bogleg
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June 12, 2014, 05:29:49 PM |
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Understand the fundamental.
Buy low and sell high.
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Vrontis
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June 13, 2014, 12:54:29 AM |
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Get a Forex trading demo account.You will start learning with that demo account how to trade. Also a lot of forex brokers using Metatrader4, a trading platform that can give an approach to trading robots and their mathematical nature. https://btc-e.com/ has metatrader 4 with btc, ltc etc.You can start with that as well. But you need also to learn a lot of about trading... not only a bot that buys and sells.There are more rules in trading and definitely some of them needed to be into your bot i.e. money management. |
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ShakyhandsBTCer
Sr. Member
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Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
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June 13, 2014, 04:26:23 AM |
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Don't trade. That's my tip for you. If you really really want to, go read about it until you feel you no longer have any questions to ask. Otherwise just hold what you got.
That is probably the best advice I have seen all day. Alt coins have very little value and they are mostly just people wanting to get rich off of the bitcoin idea. |
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freebitcoins4u
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June 13, 2014, 08:55:08 AM |
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yes but what do we need to learn? how to exchange? how to research a coin? or something else?
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fastaslighting
Member
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Activity: 84
Merit: 10
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June 13, 2014, 11:42:24 AM |
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It's like the stock market have you every played the markets? You sell into resistance which is overhead and buy into underneath support and set your stop at risk above or below those buy and sell orders
Stops are basically getting out in the other direction if it moves opposed to your direction at more then your willing to risk so you cut a loss but you may still be in the coin depending on which direction you bet.
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joshraban76
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June 13, 2014, 12:12:37 PM |
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I don't want to put you down, but trading is not that easy.
I prefer you read a lot and google a lot as well until you feel confident.
It's all about flipping. buying low and selling high.
Try heading to BTC-e and study the sales chart there, it will help you.
Don't forget, it's about luck too.
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