Cryptocurrency Trading Help Bug. Noob Friendly

[buggy032]

Which platform do you use?

@55trillion @Stivit0

I dont like to endorse any trading platform over another but im using Poloniex and Bittrex (sometimes).

Ive heard all the stories about Polo but it works fine for me. I think they will get through this rough patch,
Its business what else do you expect, smooth sailing?? Good luck with that...

 

[buggy032]

Which platform can I start with demo account for beginning?

I suggest you get into the game of winning and losing, if you really want to learn invest $20-$50 btc to start.
Watch videos on YouTube and twitter about trading
you can pm me or request me to pm you on thread. I will always give advice where I can.
It all starts by taking that first leap of faith in yourself.

 

[buggy032]

@buggy032 : Hey OP, which trading platform you are using to trade crypto?

Poloniex and sometimes Bittrex

 

[buggy032]

It's not well known but I do my trading on coinexchange.io & so far I'm content

I started trading 2 days ago starting with .01 BTC
I'm at 0.4 BTC now and my goal is to hit 1 BTC by this week

Thats Great! Keep up the good work, remember not to invest more than you can afford to lose once you start turning a profit.
Good luck trading.

 

[buggy032]

great thread... I am into crypto trading as well.. and doing pretty good...

if anyone needs any help, add me on skype.

ID: shazzy.blackhat

Added you
My skype: Kingtafari24
BHW Crypto friends can add me

 

[Stivit0]

I asked for demo account, because many companies for trading give you demo account whit $10k.

 

[dCorp]

Hey OP, I am looking for some serious advice about "HOW to trade" in cryptos for some serious profit. I tried to find search google, youtube and other forums (like Bitcointalk.org) but lots of confusing things and contradictory statements present all over. I understand its risky but I am ready to take risk for some serious profits. For example, If I invest in 10 different cryptos (based on some serious tips Or advice), I am damn sure all 10 tips can NEVER go wrong and if even 60-70% are good enough, I can make some good money.

BTW, I have about 0.5 BTC on bittrex (spread over different cryptos) and am ready to deposit More BTC if needed.

 

[55trillion]

Hey OP, I am looking for some serious advice about "HOW to trade" in cryptos for some serious profit. I tried to find search google, youtube and other forums (like Bitcointalk.org) but lots of confusing things and contradictory statements present all over. I understand its risky but I am ready to take risk for some serious profits. For example, If I invest in 10 different cryptos (based on some serious tips Or advice), I am damn sure all 10 tips can NEVER go wrong and if even 60-70% are good enough, I can make some good money.

BTW, I have about 0.5 BTC on bittrex (spread over different cryptos) and am ready to deposit More BTC if needed.

Hey dCorp,

I know i am simply poking my nose here but i am trading financial markets from past 8 years as full time trader so just wanted to write my advice(take it or leave it). When it comes to investments only stocks (Apple, Microsoft, Pfizer etc etc) are worth investment because they fluctuate on the basis of their company result, performance etc.

When it comes to Crypto or Forex you can always make more profit by Trading(day trading) and coming to your strategy consider you have deposited in 10 different crypto and tomorrow UK, US or group of few countries made a new law or restriction on Crypto then no doubt all 10 will come down and that is one scenario.

Second risk is as you said all 10 tips may not go false but what is the use when 5 tips produced 30% profit and remaining 5 ended up with 50% loss?

So my suggestion is TRADE crypto and Invest only the part of profit into Crypto.

And trade only if you can watch your trade sitting infront of terminal.

Good luck...

 

[buggy032]

Hey OP, I am looking for some serious advice about "HOW to trade" in cryptos for some serious profit. I tried to find search google, youtube and other forums (like Bitcointalk.org) but lots of confusing things and contradictory statements present all over. I understand its risky but I am ready to take risk for some serious profits. For example, If I invest in 10 different cryptos (based on some serious tips Or advice), I am damn sure all 10 tips can NEVER go wrong and if even 60-70% are good enough, I can make some good money.

BTW, I have about 0.5 BTC on bittrex (spread over different cryptos) and am ready to deposit More BTC if needed.

Add me on skype kingtafari24 I'll show you the ropes

 

[Bonata7]

If you guys interested in Ethereum, here is a place to view live price -> ethnews.com/etherlive hope this helps to some one who likes Ethereum as my self

 

[Stivit0]

Nobody did reply on my question for platform with demo account for start (a lot of companies give you $10k)

 

[buggy032]

Nobody did reply on my question for platform with demo account for start (a lot of companies give you $10k)

https://iqoption.com

Is the best I came to your request, in regards to crypto trading im not aware of any platform that offers demo feature for trading... BHW members I encourage you to help @Stivit0 if you know a better answer than the one I provided.

 

[buggy032]

If you guys interested in Ethereum, here is a place to view live price -> ethnews.com/etherlive hope this helps to some one who likes Ethereum as my self

Thanks for your contribution to thread. BHW members if you have some good info/websites to share with the crypto trading community feel free to do so at anytime on thread.

 

[buggy032]

IMO The best app to monitor Crypto trading prices and receive alerts is TabTrader, Get familiar with it. Good luck Trading

 

[55trillion]

IMO The best app to monitor Crypto trading prices and receive alerts is TabTrader, Get familiar with it. Good luck Trading

One quick question bro, Are you using margin trading in Poloniex or you are trading with the capital you have?

Thanks in advance

 

[buggy032]

One quick question bro, Are you using margin trading in Poloniex or you are trading with the capital you have?

Thanks in advance

I'm trading with the capital I have.

 

[DopeVolts]

Hey OP i wanna ask you a quick question.....
just wanna know if this strategy is safe or not.

MA (Moving Average) / EMA (Exponential Moving Average)
i use it when two lines meet... when the lines meet on a down ward trend i buy, when they meet on an upward trend i sell.....
my question for this strategy is, is it a safe method??????....

you can check the lines i'm talking about on cryptowat dot ch

or if you have a better method you can type it....

thanks in advance.

 

[55trillion]

Hey OP i wanna ask you a quick question.....
just wanna know if this strategy is safe or not.

MA (Moving Average) / EMA (Exponential Moving Average)
i use it when two lines meet... when the lines meet on a down ward trend i buy, when they meet on an upward trend i sell.....
my question for this strategy is, is it a safe method??????....

you can check the lines i'm talking about on cryptowat dot ch

or if you have a better method you can type it....

thanks in advance.

You didn't specified the values of MA and EMA and timeframe on which you are using it.

 

[DopeVolts]

You didn't specified the values of MA and EMA and timeframe on which you are using it.

this is what i mearnt http://imgur.com/ZbyptF8

 

[55trillion]

this is what i mearnt http://imgur.com/ZbyptF8

From this image its clear that timeframe is 30 min but values of MA / EMA is unclear. Wel, moving average crossover is the basic and very old technical strategy to trade EFT/Bond/FX.