Cryptocurrency Trading Help Bug. Noob Friendly

[buggy032]

How can you buy bitcoin using Payoneer? thanks in advance

Try Gemini and buysomebitcoin , if not work you can always trade in gift card for bitcoin on paxful too. Hope this helps

 

[Honoutenshi]

Try Gemini and buysomebitcoin , if not work you can always trade in gift card for bitcoin on paxful too. Hope this helps

Just bought $20 worth of bitcoin. Where should I invest it? I'll appreciate your suggestions thanks

edit: I bought it on localbitcoins

 

[buggy032]

Just bought $20 worth of bitcoin. Where should I invest it? I'll appreciate your suggestions thanks

edit: I bought it on localbitcoins

Try DOGE to catch some practice its in up down trend right now. On Poloniex

DGB is doing good too, but its currently closer to the 24hr high be careful it might bite you.

 

[seoxz]

Do you think it is a good idea to trade short term investments, and keeping the 50percent of the profits as long term investment

 

[seoxz]

Investments in crpto currency like ripple and doge and etc

 

[Honoutenshi]

Try DOGE to catch some practice its in up down trend right now. On Poloniex

DGB is doing good too, but its currently closer to the 24hr high be careful it might bite you.

I am using bittrex. I am quite new to this, why should I be careful to that 24hr high stuff? Thanks!!

Edit: Additional question: Is this considered as gambling? or nope? thanks again

 

[buggy032]

Do you think it is a good idea to trade short term investments, and keeping the 50percent of the profits as long term investment

I personally prefer short term investments. However XRP is indeed one to hold for the long term in my opinion its been in the news alot and mostly good news I might add. (Check Ripple twitter profile for updates) The Ripple (XRP) has alot of events schedule for this month which should see its value increase.

Another for long term investment is ETC im keeping a close eye on this one for sure!

 

[buggy032]

I am using bittrex. I am quite new to this, why should I be careful to that 24hr high stuff? Thanks!!

Edit: Additional question: Is this considered as gambling? or nope? thanks again

When a coin is closer to the 24Hr High it is more likely that the value will soon hit a down trend.(Pump and Dump) which will put you in the red (loss) and obviously your goal is stay in green (profit) so its best to invest when market value takes dip but is likely to rise again.

 

[buggy032]

Another advice is to get familiar with trading terms and slangs such as "shoulders and head " Moon" Choo train" Etc.... so if you read something online or see a convo between traders you can fully understand the meaning of whats being explained.

 

[Honoutenshi]

When a coin is closer to the 24Hr High it is more likely that the value will soon hit a down trend.(Pump and Dump) which will put you in the red (loss) and obviously your goal is stay in green (profit) so its best to invest when market value takes dip but is likely to rise again.

Thank you. Is it necessary to leave what you bought for days? And can you recommend me any book or article or sites that might help me further more in the future? thank you so much for ur time

 

[buggy032]

@Honoutenshi Is it necessary to leave what you bought for days? No not at all you have the option to buy and sell freely but I suggest you sell at a profit once you get around 5-10% added to the value of what you bought coin for.

Google, Youtube, twitter. just ask your question there if looking for information. Those 3 search bars can help you better than I ever will

 

[buggy032]

Hey all do report on your profit and loss/stuck on coin. while trading, its a learning process. No shame in the game M8.

 

[Honoutenshi]

@Honoutenshi Is it necessary to leave what you bought for days? No not at all you have the option to buy and sell freely but I suggest you sell at a profit once you get around 5-10% added to the value of what you bought coin for.

Google, Youtube, twitter. just ask your question there if looking for information. Those 3 search bars can help you better than I ever will

Thank you. I am actually learning so much right now and pumped at the same time.

And I love this journey thread too: https://www.blackhatworld.com/seo/j...ing-150-to-100-000-by-the-end-of-2017.941500/

 

[buggy032]

Thank you. I am actually learning so much right now and pumped at the same time.

And I love this journey thread too: https://www.blackhatworld.com/seo/j...ing-150-to-100-000-by-the-end-of-2017.941500/

Your welcome and Im following that journey also

 

[davids355]

Is your money still in cryptos or have you cashed out? If so, how did you cash it? Looking for information on how to cash BTC into actual money. Any tips appreciated.

You can sell up for cash on localbitcoins.com

 

[buggy032]

DGB took off from 0.00001250 like a rocket now up to 0.00002151 in 24 hrs. DGB & SC making big moves in last 24hrs... Ate a small meal off Omni Sold at 0.0253 its now down to 0.0229... My buy in figures are confidential use your own discretion check into these coins along with XRP

 

[buggy032]

Help Section for crypto trading noObs

 

[DopeVolts]

wasup guys...... i wanna start this with $20.... now my question is can i day trade with it or maybe i should do long time trading maybe weeks or longer.... and the other question is how do you know if the coin will move down, i mean like should i look at the screen 6 to 6 for it to fall, or there are some methods maybe forums or news sites that will tell me when to take the next move.... i know a lot of noobs will thank me for asking this question.....

 

[buggy032]

wasup guys...... i wanna start this with $20.... now my question is can i day trade with it or maybe i should do long time trading maybe weeks or longer.... and the other question is how do you know if the coin will move down, i mean like should i look at the screen 6 to 6 for it to fall, or there are some methods maybe forums or news sites that will tell me when to take the next move.... i know a lot of noobs will thank me for asking this question.....

You can start by doin some short trades to get a hang of what trading crypto is all about. The best technique to know when a coin will rise is if you see news article about coin getting partnership / investment from other well known companies and also if the prices are higher on one exchange than another.

 

[buggy032]

️Welcome to BHW friends ️

Here are some helpful tips to get you started

️Where to Trade/Buy:
1Broker.com
Bitfinex.com
Bitmex.com
Bittrex.com
BTC-e.com
Coinbase.com
Coinut.com
GDAX.com
Gemini.com
Kraken.com
OKCoin.cn
OKCoin.com
Poloniex.com
SimpleFX.com
TuxExchange.com

️Websites for Charting:
BitcoinWisdom.com
CryptoWat.ch
TradeBlock.com
TradingView.com

️Training YouTube Videos:

https://www.youtube.com/user/carpenoctom/videos

️Crypto Trading Terms:
ASHDRAKED = Lost all your money
BEAR/BEARISH = Price negative
BULL/BULLISH = Price positive
DILDO = Large green or red candle
DYOR = Do Your Own Research
FOMO = Fear Of Missing Out
FUD = Fear Uncertainty & Doubt
HODL = Holding a position
JOMO = Joy Of Missing Out
LONG = Margin bull position
MOON = Price will explode up
OTC = Over The Counter
SAJ CANDLE = Huge green candle
SHORT = Margin bear position
REKT = Had a bad loss
REVERSE INDICATOR = Someone who is always wrong predicting price movements.

️Handy Websites:
- Bitinfocharts.com
- Coinmarketcap.com
- CoinWarz.com

️Trading Communities:
- BabyPips.com (trading training)
- BitcoinTalk.org (forum)
- TradingView.com (webchat)


️Security:
- Use 2FA on all accounts
- Add pin only access to your mobile phone provider
- 2FA on all email accounts
- Enable 2FA on withdrawals & trades if possible

️Information: Trading on others advice is the best way to lose money, yes there are respected names in the industry but even they get it wrong. If you're new, its best to paper trade (trade without real money) if you can prove you make money consistently for 6 months, then you're ready to trade with real money. Margin trading is for people who know what they're doing, if you dont, its the quickest money you will ever lose.

Warning & Disclaimer
- Cloud mining sites are largely scams.
- Pump & Dump groups are largely scams, especially if you have to pay to join them.
- All HYIP's & MLM's are scams, you will get banned from all groups if you are found participating or sharing HYIP/MLM links, dont make money out of scamming others, learn to trade.
- There are scammers posing as well known members on telegram private messaging people asking for money, DONT SEND!
- Dont open files posted in these groups
- Careful about clicking on 3rd party links, these can easily be malicious.
- All advice given here is to be taken at own risk, we have no affiliation with any exchange & exchanges can be hacked. If an exchange gets hacked, your funds could be lost with no recourse, so be careful.

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