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Author Topic: new to bitcoin and trading, please help.  (Read 912 times)
DR.NOMAD (OP)
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July 27, 2014, 07:50:06 PM
 #1

Hi, I am brand new to bitcoin and trading and know nothing about them (well almost nothing) so I was wondering if anyone in the community could help me out by suggesting websties or videos that could teach me how to trade or more about the currency itself, thanks to anyone who helps =p
InwardContour
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July 27, 2014, 07:54:15 PM
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If you don't know anything about trading, just read some books about technical analisys,
but if you really want to have some profit with bitcoins, buy them and hold long term.
Baitty
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July 27, 2014, 07:54:48 PM
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You should check out bitcoin.org before proceeding and try to understand Bitcoin before you move onto trading should also look at some tips on investing and when to sell and when to buy.

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nicepumper
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July 27, 2014, 09:10:46 PM
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search bitcoin tutorial in youtube
karlb187
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July 27, 2014, 11:01:46 PM
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you can learn allot by using google.  Wink

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kingama
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July 28, 2014, 12:04:57 AM
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Read every page on the wiki http://bitcoin.it and ask questions here if anything doesn't make sense.
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July 28, 2014, 05:34:25 AM
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I wouldnt get into trading bitcoin, just buy it for cheap and hold.

Only full proof plan of being in profit.

Brewins
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July 28, 2014, 08:34:21 AM
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First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.
DrG
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July 28, 2014, 09:15:02 AM
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First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.

I agree.  Best advice would be to buy and hold (especially since the recent price drop gives you an extra discount).  Go on an exchange like BTCe or Poloniex and just listen and watch for 2 months.  Don't do any trades.  Assume everybody is lying about positions or speculations - but listen to the stuff that comes out of the trollboxes (chatboxes).  Then after 2 months you'll be able to see the truths.
Crossbow376
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July 28, 2014, 06:02:57 PM
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First step: ignore what you see in the speculation child board, 90% of people here are trolls or people that have no idea what they are doing, or fanatic hodlers that caused many people to lose 50% of their fiat equivalent of their bitcoin holdings with their advices. Trust no one but yourself.

I agree.  Best advice would be to buy and hold (especially since the recent price drop gives you an extra discount).  Go on an exchange like BTCe or Poloniex and just listen and watch for 2 months.  Don't do any trades.  Assume everybody is lying about positions or speculations - but listen to the stuff that comes out of the trollboxes (chatboxes).  Then after 2 months you'll be able to see the truths.

What about doing exactly opposite to the advice you get in btc-e trollbox? Smiley


Hi, I am brand new to bitcoin and trading and know nothing about them (well almost nothing) so I was wondering if anyone in the community could help me out by suggesting websties or videos that could teach me how to trade or more about the currency itself, thanks to anyone who helps =p

The guide by Coindesk is pretty good and easy to understand for newbies. http://www.coindesk.com/information/
Just read the sections one by one, and you should be able to get a brief understanding in all aspects of bitcoin.

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