Tips of Bitcoin Trading

[Agios 1763]

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. 

 

 

[myaccount1 584]

It is  a very good knowledge for the newbies trader of the crypto world.

[Agios 1763]

7 hours ago, nicolas1234789 said:

As theory I agree with you but you need to know that people has different target point and psychology. I read many strategy but no ones share about disciplines, patient and how enjoy the profit. Maybe someday you'll share with us as like your post today. thank you.

This is just an introduction to trading for beginners so I think that it's easy to accept and not too difficult to practice. and temporarily exclude psychology.

[iloveyobit 6599]

bitcoin in most of the time is manupulated so this why i ignore to trade with btc / usdt , i love the trade more with other altcoins and collect bitcoin

[nicolas1234789 2566]

That's technical method but never forget about fundamental. For new trader, technical method is good step to learn and account demo to test their skill is also needed. Keep learning and good luck for all trader.

[dmnqe07 365]

Bitcoin trading is the trend, but in every trader's you must have a goal or achievements before trading. so if your new to crypto and want to trade already, i thinks its better if you always do some research and seek more knowledge.

[Crypto123 0]

This is not easy to have a great experience in the trading and knowledge of the analysis and reading indicators and follow the news to know when Bitcoin will rise and when it will decline.
My question is how can we expect the highest point to rise bitcoin until we sell then or shortly before, as well as how to know the lowest point until we buy then. Do you have any advice?

[Shuvo Prince 1]

The best bitcoin (BTC) trading strategy is one that is perfectly aligned to your own individual goals, risk appetite and available capital. However, there are a  strategies that have become popular with bitcoin traders.
HODLing
Perhaps the most famous bitcoin strategy is what is commonly known as ‘HODLing’ or ‘holding on for dear life’.
However, bitcoin is notoriously volatile, which means that this strategy could result in losses. This is why the strategy is rarely recommended without a strict risk management plan in place.

 

[Yanadia 1517]

4 hours ago, AliceJun said:

I don't think the market price hike trend is right. Sometimes it decreases during the day and the day after it will be lower than the day before. I think it is better to take risks and keep a stable mind, be patient.

Yes it is right because Bitcoin market deferent have deferent market . I have reada many articel and story about bitcoin its really hard to find the acurate predictiins. Thia new tradinh market we must learn .thata the fact 

[Ankit Nepal 719]

As bitcoin is a really important cryptocurrency. Its price changes continously. So my tip is that whenever the price of bitcoin falls we should buy more and more bitcoins. And whenever its price reaches to a highest price then we should sell it to be in profit. Today the price of bitcoin is $7000. This is the right time to buy it.

[jerry9837 105]

thankyou for the valuable information i was trying to learn about bitcoin trading i think it is the best and legit way to work with crypto world it have less chances to be scam 

[kfoituga 0]

Brilliant post! Thanks a lot for your shared value and creativity. Is with people like you that the bitcoin community can grow! 

[Zentoly 419]

On 12/8/2019 at 7:22 PM, Binbillal007 said:

Learn how the market work, like in how it operate, learn the trend line in trading, you will be able to trade like that

Right to say these all tips for trading and it will give the traders more good ideas about that when and how it will gain profit.

[scorpiali 5626]

Very good post about trading terms in Crypto currency trade in general with easy definition about any one in my experience the greedy trader can't succeed in trade you just need some 3% in every trade it's enough and be careful with the market fall 

[Agios 1763]

On 12/5/2019 at 4:21 PM, Crypto123 said:

This is not easy to have a great experience in the trading and knowledge of the analysis and reading indicators and follow the news to know when Bitcoin will rise and when it will decline.
My question is how can we expect the highest point to rise bitcoin until we sell then or shortly before, as well as how to know the lowest point until we buy then. Do you have any advice?

Of course we have to do research and analysis, both fundamental analysis and technical analysis, so surely we can't guess when the price will rise and what% the increase will be, but at least in analytical science we are approaching price forecasts, that's good.

[Whydoyoucare 1094]

Very detailed information this will be really helpful to the newbies in this forum and wanna learn more how to become a more better trader. appreciated, thank you.

[Agios 1763]

3 hours ago, SCB1234 said:

Today, as Bitcoin dropped from $7150 to (currently) $6860 as of this post, it gives a perfect example of how knowledge is necessary to remain successful. Like you say, technical and fundamental analysis both matter- sometimes at different times and sometimes for the same reasons. My helpful thought for the day for beginners is this: learn the rules so you know enough to expect them to change. Every time Bitcoin steadily drops in volume, eventually it will sell hard or buy hard. People with thousands of bitcoins wait until volume drops to do one or the other. So, for instance, if BTC has been around $500,000,000 24 hr volume on the exchange you trade on, and then over the course of 3, 4, 5, 6, 7 days it drops steadily until it is down to $170,000,000 24hr/v, wait to do anything until BTC drops or spikes heavily. Then, it requires the knowledge to watch the coins you plan to enter and be ready to make the right move one way or the other. It can be very complex, but this is a huge asset to understand. Hope that helps.

Agreed, I believe people under-value or just don't understand the amount of manipulation that makes up the market. Once you know how to look for it, you will understand how to use Bitcoin's moves to your advantage trading altcoins. The tricky part is when the whole market is in a down-trend- what is good for day-today moves can suddenly leave your coin positions stuck very deep regardless of stop-loss. But, the more you are aware the better you can avoid all of these kinds of problems.

One simple way to avoid manipulation of market prices and volumes is that in analyzing market cap as a metric, there is no wash trading in it. Volume analysis is very important to determine when to sell and when we to buy.

[CryptoLover21 0]

we should always choose best startigy to do trading , we should do research about the project first and then we should trade

[Yancryptoz 11]

On 11/25/2019 at 10:59 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. 

 

 

Its a very good advice. Especially for beginners they are afraid when Bitcoin price falling. But as a traders our aim is to gain some profit on fiat money. So we don't really care if btc drop. Just make sure to control your risk. Never put all of your balance on a single transaction.

[Agios 1763]

53 minutes ago, Goodcoin said:

Thanks for this info. 

We should also let newbies to know the risks because most beginners lose and run. We should tell them the do and don't of trading for them not to loss.

I am happy if my post can be useful for new traders, right now I am writing a post (but in the draft) and still needs to be updated whose title might be How to avoid the risk of loss in trading Crypto. 

[Zentoly 419]

20 hours ago, CryptoLover21 said:

we should always choose best startigy to do trading , we should do research about the project first and then we should trade

Right to say research is the first thing in trading when you will do more research about a project coin you will gain more profit and when you will do less research then you will gain less profit.

[Yviral 25]

Bitcoin trading is very risky because it flunculate in price other currency are more stable than bitcoin the best way to make profit is in my opinion is carefully seeing the patterns of the graph I personally think it's the best way.

[Ali Haider 10]

Thanks for sharing such a useful information i also love trading in btc/usdt. One should know the full information regarding trading because its not easy especially for newbie. I also have some useful information but i will share after some days

[Ankit Nepal 719]

Well, this time is the best for trading. Buy more and more bitcoin as its price has fallen. Then simply sell the bitcoins when its price really goes up. This is the best technique that everyone uses.

[Satishmolankar 1703]

Tips in Bitcoins trading is the at first you have set an aim in trading if this will hit this I will get out in profit and the best is don't be emotional with the coins or bitcoin you came for earn