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Agios

Tips of Bitcoin Trading

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Good post,it is wonderful post because newabi is see and take a knowledge,new trader mamber read it this post and the and then after effective trading any platform any field,good luck.

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Before performing the Bitcoin trading in the cryptocurrency markets, as OP has mentioned, the most  essential steps are to have some basic concepts about of Bitcoin, its nature in the cryptocurrency markets, chart patterns reading ability, upto date crypto related info and news updates, and your investment amounts. Please be sure first, Bitcoin market is the most volatile in nature, you should be able to take risks while performing its trades in the cryptocurrency markets. 


 

 

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Actually breakout buying is risky. I'm not targeting too big price levels. I'm going to close eth at 635 because I think still bitcoin can move with volume not the other because btc pair drops with bitcoin move.

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Thank you for presenting a nice topic here about trading bitcoin.  I think I came up with a new idea from which I would definitely get some success in business.  And in a short time you can benefit a lot.

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On 11/25/2019 at 9:59 AM, Agios said:

Determine the Plan and Goal.

Many new traders are confused in trading Bitcoin, collecting Bitcoin or getting profits, so all traders of any goods do not aim to collect goods /Bitcoin, but they all want to make profit, ie the sale is reduced by the purchase price and costs equal to profit or loss. So our goal in trading is to get flat money (EUR, USD, YEN etc, or stable coin)

 

Market Prices Tend To Rise

This is the easiest market condition to trade, because the price of Bitcoin will continue to rise. For example the price of Bitcoin at 6 am $ 7000, in the afternoon it has gone up $ 7300 tomorrow to $ 7500 and the day after tomorrow to $ 800. So you just buy Bitcoin at any price and sell it tomorrow at a higher price. But remember, you must stop buying Bitcoin when the market price increase is saturated or stop and the price will go back down.

 

Market Prices Tend To Decline/Go Down

Like the current market price, falling continuously, from August the price of Bitcoin reached a peak of $ 11,970 and continues to fall today, reaching $ 6,830. Of course if conditions like this are new traders must be afraid to sell Bitcoin because they worry the price will rise again. But not for speculators he dares to sell Bitcoin when prices are cheap, for example $ 6,830. then he waits for the price to drop to its lowest point (only approximate), for example a week later the price of Bitcoin becomes $ 4000. If he buys Bitcoin with USD $ 6,830 then he will get 1.7075 BTC.

 

Feel free to share your opinion and experience and getting more knowledge. 

 

 

Thank you very much for giving this useful tips and tricks about the bitcoin trade because I want to start the bitcoin trade so this post is very useful and helpful for me because I am a beginner and I don't have much knowledge about the bitcoin trade. This post is very important and valuable to increase my knowledge about the bitcoin trade. You've posted a very amazing topic. 

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Everyone needs to have some basic knowledge to trade with Bitcoin.  A trader must have an idea about the crypto market.  And the crypto market is always volatile.  The price of Bitcoin depends on the supply of demand.  If you can predict the market of Bitcoin then you can trade with Bitcoin.  Bitcoin is very expensive now so I would not recommend anyone to trade with Bitcoin.  However, those who used to hold bitcoin and now they have benefited a lot.

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This is a technical method but never forget about the basics. For new traders, good steps to learn the technical method and account demo are also required to test their skills. Keep learning and good luck for all traders. 

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I do not like to follow any rules in trading I like to rely on my analyzes in doing my own trading because I do not trust anyone and I rely on my vision in things in order to reach what I want is not arrogance but self-confidence

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Trading helps but sometimes we lose the big waves that bring Bitcoin to higher levels. This one today is still a hold and every trader is just waiting for a dip, but in my opinion a dip won't be possible under this buying craze from institutional investors, it will keep rising with limited trading opportunities, this is probably a long hold, with altcoins to have a big push later so we shouldn't forget to hold some of the good ones too.

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Thank you all my friends for this information about trading.i am interested in trading,

I am a newbie,this information help us in future.we also collect some and basic information about this.

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 Thank you very much for these tips, you must always know the movement of the market, and the volume of trading in the currency, before starting to buy or sell, you must gain experience in that in order to become a professional trader. 

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On 11/25/2019 at 4:59 AM, Agios said:

Determine the Plan and Goal.

Many new traders are confused in trading Bitcoin, collecting Bitcoin or getting profits, so all traders of any goods do not aim to collect goods /Bitcoin, but they all want to make profit, ie the sale is reduced by the purchase price and costs equal to profit or loss. So our goal in trading is to get flat money (EUR, USD, YEN etc, or stable coin)

 

Market Prices Tend To Rise

This is the easiest market condition to trade, because the price of Bitcoin will continue to rise. For example the price of Bitcoin at 6 am $ 7000, in the afternoon it has gone up $ 7300 tomorrow to $ 7500 and the day after tomorrow to $ 800. So you just buy Bitcoin at any price and sell it tomorrow at a higher price. But remember, you must stop buying Bitcoin when the market price increase is saturated or stop and the price will go back down.

 

Market Prices Tend To Decline/Go Down

Like the current market price, falling continuously, from August the price of Bitcoin reached a peak of $ 11,970 and continues to fall today, reaching $ 6,830. Of course if conditions like this are new traders must be afraid to sell Bitcoin because they worry the price will rise again. But not for speculators he dares to sell Bitcoin when prices are cheap, for example $ 6,830. then he waits for the price to drop to its lowest point (only approximate), for example a week later the price of Bitcoin becomes $ 4000. If he buys Bitcoin with USD $ 6,830 then he will get 1.7075 BTC.

 

Feel free to share your opinion and experience and getting more knowledge. 

 

 

These is a very good observation you made here and it will serve as a guide to the newbies who are willing to trade with bitcoin as well as other members who are not aware of these tips. 

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The best tip for bitcon is to buy the coin when the price falls and sell when the price have risen, This is because the value of bitcoin fluctuates.

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This is really good information, we know that trading is risky, so we must increase our knowledge and experience in this field and the most important way in trading is to buy when the price falls and sell when the price rises to achieve good profits from trading.

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Well you brought a nice information in the forum you know that definitely investment is all about taking risk if you cannot bear risk you should stay away from investment if really want to trade Bitcoin you should make sure you have knowledge and experience on it, thanks.

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5 Key Bitcoin Trading Tips

Become fluent in technical analysis.

Adopt a sustainable pace.

Stay aware of news items.

Implement stop losses.

Use prudent leverage.

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A good tip for trading would be: make your strategy at least 2 to 1 between expected profit and expected loss. If possible, be greater than 50% success in the address. With this there is no way to lose in the market. It seems little but if you have traveled something of this world this tip is very much.

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These are good and useful advice for me and every beginner in the field of trading, and if we do these movements, we can accumulate good capital that will benefit us in the trading business in a strong, continuous and strong movement, so I think I will try this method and work with it.

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Thank you, my friend, for this beautiful and simple explanation . I think the most important thing is to determine the point at which the price will change direction through analysis and study of currency movement . And you should not be greedy for big profits because sometimes sudden changes happen that could harm you a lot.

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We actually have almost nothing unique for trading bitcoin and altcoins, as the majority of it is just keeping an eye on the market and taking regular doses for good profit. If you can't do this, don't leap into this market as it requires some good activity from you for decent economy. If someone says it's going for some special strategy, that's not right. I've been in this sector for a while and have never used any strategy.

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Thank you for this useful topic, and I agree with you when trading, you should not hesitate and buy immediately, now we are in 2021 and Bitcoin is worth 59 thousand dollars, last month it was worth 40 thousand dollars, that is, if you bought bitcoin At 40 thousand you will win more than 15 thousand dollars within a month.

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