Tips of Bitcoin Trading

[Kimram 265]

It is better that we all provide advice to each other, this matter will greatly help to improve many things within the field in general, not only the forum

[Bhaigo5 633]

Yes dear many traders or confuse that they cannot earn good money in bitcoin but you can earn some time it decrease then we can buy bitcoin and keep patience and when price will increase become to high then we can sell and we will earn good profit. 

[cheri farah 487]

For me i like to learn and invest before doing any movement in trading because setting a goal should be based on a solid background of knowledge and informations 

[Darth 369]

On 11/25/2019 at 8:59 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. 

 

 

Than k you fellow senior for aharing this informative information with us.

Its realky useful as you have mentioned the amount of invest to earning in future.

And this is the time if investment and next year the time of eating the fruit in the form of more profit.