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Bitcoin for Beginners

Bitcoin for Beginners is a subreddit for new users to ask Bitcoin related questions. **Do not respond to strangers direct messaging you, as over 99% of these people are Scammers.** This subreddit allows open discussion where peer review occurs. /BitcoinBeginners is not for posting new websites, memes, faucets, affiliate links, news, concern trolling, blog articles, or promoting altcoins and ICOs. **Bitcoin related Questions only** No url shorteners (auto spam)
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Bitcoin trading discussion

Bitcoin technical analysis, charts, forecasts, algorithms, and bots. No political baggage, no moon kids, no trolls.
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BitcoinAirdrops

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever. While bitcoin tokens on the original network can't be copied or counterfeited, the protocol is open source and can be recreated with different parameters. We call these Airdrops.
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What do you need to know to trade Bitcoin? How to start trading Bitcoin? You can trade Bitcoin in a number of simple steps:

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My stop limits are gone. Traders do not know how to trade BTC at 12,000 (x-post from /r/Bitcoin)

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How do I trade bitcoin from my trading wallet to my wallet. I've done it before and can't for the life of me figure it out. TIA

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08-08 09:24 - 'How do you find another person to anonymously trade your BTC over to for cash? I'm in the U.S.and like I am literally willing to take a 15-20% loss at this point as long as its for cash and anonymous?' (self.Bitcoin) by /u/Ocelot859 removed from /r/Bitcoin within 23-33min

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To put it simply.......
What places or platforms or just anywhere where I can find someone who could possibly longterm buy my bitcoin from me in cash?
(Can Dm me if your curious about why the cash and anonymity... promise it's not exactly what you think it is)
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How do you find another person to anonymously trade your BTC over to for cash? I'm in the U.S.and like I am literally willing to take a 15-20% loss at this point as long as its for cash and anonymous?
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Author: Ocelot859
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How do you find another person to anonymously trade your BTC over to for cash? I'm in the U.S.and like I am literally willing to take a 15-20% loss at this point as long as its for cash and anonymous? (x-post from /r/Bitcoin)

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05-11 15:14 - 'No. This is how one thing, you can do with bitcoin works. In name: trading. / You can; in contrast to the popular hodling, investing and so on; for example us it as digital cash. Say, you meet Alice and Alice owns this nice n...' by /u/ProScammer removed from /r/Bitcoin within 2-12min

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No. This is how one thing, you can do with bitcoin works. In name: trading.
You can; in contrast to the popular hodling, investing and so on; for example us it as digital cash. Say, you meet Alice and Alice owns this nice new hat, fresh from wonderland. You want said hat. So you may offer her to give her 10 million satoshi in exchange for this nifty hat. And eventually you two work out a deal. Well, this may also be trading. But in an imho complete different way.
There are also other things you can do with bitcoin. One of my favorite is to attach a digital seal to something. For example, the following text: "This is easy text, but you can also do this with pictures, binary files or even static data, you do not yet know of its existence." For sealing this, you just have to let a computer do some cryptomagic to give you a corresponding bitcoin-address. After you sent at least one satoshi to this address and it gets embedded in a block, everybody (who knows what and how) may see, that this text existed with exactly this contents (even all typos and such stuff) on the date of sealing. And was validated by this specific address (which may be or be not correlated to a person). So if you want to later say: "i knew this first! i wrote it down." Do it the bitcoin way. ;)
resulting seal-address of "This is easy text, but you can also to this with pictures, binary files or even static data, you do not yet know off." is: [1NsRnxgZp2zqxcWBsJt4ofn1Ht5UjNpDUy]1
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1: b*ockcha**.co***itcoin*a*dre*s/1NsRnxgZp2z*xcWB*Jt4ofn1Ht*U**p**y
Unknown links are censored to prevent spreading illicit content.
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[NOOB] How/Why do you think cryptos (mainly Bitcoin, since largest) will replace normal currency? It is always compared to other currencies in value and while trading, and I've heard that the total Bitcoin in circulation is fixed (20 mil right?) . Isn't that a disadvantage?Money will never increase?

Another disadvantage is the fact that the value of one Bitcoin is so high. Like how do you manage to say 0.00001 BTC every time? Shouldn't currencies be in hundreds, thousands? There should always be something for BTC to be compared to right? A traditional, paper currency? Only then will the value fluctuate and trade happen? You don't have to actually answer them if this question is common on this sub. A previous answer, articles or video is good for me too.
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Confused on how to start trading bitcoin? This articles individuals interested in trading bitcoin but do not have any idea on how to start.

Confused on how to start trading bitcoin? This articles individuals interested in trading bitcoin but do not have any idea on how to start. submitted by Anyibo to u/Anyibo [link] [comments]

I still only have Bitcoin available to buy and sell . How do I enable stock trading?

I've been using CashApp for weeks now and love it. I have the card, which I love, I buy and sell BTC, etc. I've heard that I can now buy and sell stocks. I've updated my app but I don't see it. What am I missing?
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How in the fuck are we ever supposed to do the bitcoins for THICC Weapon Case trade? I waited till Mechanic restocked and he only stocks 6, it was bought out in less than a second.

This is a completely impossible trade, I wait and set an alarm to try and get the timing but I have what seems like less than a second to click into Mechanic, hit tab 4, scroll to the bottom and confirm the trade before the scalpers buy them out. Not fucking possible.
submitted by KogMawOfMortimidas to EscapefromTarkov [link] [comments]

New to bitcoin, how do I trade and buy frequently?

I want to try day/swing trading and so far I have signed up for kucoin. Say I buy my bitcoin and have it trasfered to my kucoin wallet. When I want to get rid of it bc it's gone up in price, how would I do that? Does the bitcoin sell for $USD and the money is then stored in my kucoin wallet which ican use to buy bitcoin again later? Or do I buy some other stable currency (no idea what but I think I heard someone mention tether before?) and then use that currency to buy bitcoin again? Or is there another way altogether? It's really inconvenient for me to buy bitcoin bc of the country I'm living in (China) so I'm hoping there's a convenient way built into kucoin so I don't have to go through the process of buying new bitcoin offsite (or transfering money over to buy on kucoins site).
Thanks for the help everyone.
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12-16 22:14 - 'I think this largely has to do with how well the stock market is doing. The new trade deals and prospects of trade deals and the Fed keeps pumping money in and the Fed is keeping rates low which makes for a pretty stable marke...' by /u/SirRadDad removed from /r/Bitcoin within 8-18min

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I think this largely has to do with how well the stock market is doing. The new trade deals and prospects of trade deals and the Fed keeps pumping money in and the Fed is keeping rates low which makes for a pretty stable market with good returns. The strong market is more attractive than crypto is right now from a short-medium range investing standpoint.
I love crypto, but its speculative still. Why risk lots of money when there is profit to be had at lower risk? I think crypto will turn around once the market weakens, but in the current times, crypto prices being unstable keeps buyers away which makes prices more unstable, and so on. I keep buying and holding my xrp, but that's my speculative spending and i am dollar cost averaging.
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Author: SirRadDad
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"No matter how dominant, how much market share you have [referring to Bitcoin], if you do not adopt the latest technology and fail to constantly improve on the core user value proposition, time will pass you by." -OKCoin statement when adding ETH trading on May 31, 2017.

https://www.okcoin.com/t-387.html
This is 2 of 3 major Chinese exchanges adding ETH on the same day.
 
Correction: ETH Trading begins June 1st. ETH Deposits and Withdrawals begin May 31.
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@SatoshiLite: It's been a while since I've been to a Silicon Valley Bitcoin meetup. Abra's VP of Engineering will be there tonight to talk about how they are using bitcoin/litecoin smart contracts to do their currency trading/hedging. I will be there!

@SatoshiLite: It's been a while since I've been to a Silicon Valley Bitcoin meetup. Abra's VP of Engineering will be there tonight to talk about how they are using bitcoin/litecoin smart contracts to do their currency trading/hedging. I will be there! submitted by CBDoctor to litecoin [link] [comments]

09-08 02:03 - 'Do you know how to create a Lightning Invoice? Then you can play "BitcoinDayTrader.nl" for FREE and win 10,000 satoshi each day. Just click TRADE!' (bitcoindaytrader.nl) by /u/sumBTC removed from /r/Bitcoin within 585-595min

Do you know how to create a Lightning Invoice? Then you can play "BitcoinDayTrader.nl" for FREE and win 10,000 satoshi each day. Just click TRADE!
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Author: sumBTC
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how much bitcoin do you need to play with day trading?

I know... I know... I'm going to get slammed for this... so, for the record... I have bitcoin that I have been hodling since 2013. That is not going to change... but, recently started playing with GDAX using $100. Just to see if I could increase it / learn how day trading works / etc.
Seems to me that it is near impossible to gain any traction with such a small amount... is there some magic number like "you need at least $500 or .5 BTC" or something like that in order to make it work?
yes - I'm sure the day trading masters can turn 10 cents into $1k... I'm just talking about someone trying to learn how to increase bitcoin through a bit of trading.
Also - looking at doing some trades where I sit on them for several weeks/months... just wanted to know what the magic number was for amount most people play with on day trades.
submitted by gottafly65 to Bitcoin [link] [comments]

12-04 17:53 - 'How Much Money Do I Need To Start Trading?' (youtube.com) by /u/shujjicreations removed from /r/Bitcoin within 608-618min

How Much Money Do I Need To Start Trading?
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Author: shujjicreations
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Bitcoin investing advice? trading Bitcoin How do reward halvings affect the price of a single Bitcoin inevitably decline in years to come?

What wallet should i be using for a small investment I don't think I would rather just deposit using bovada. Thank you Hello everybody I have a question that I think I understand it, just looking for another perspective. I'm having trouble finding a comprehensive step by step way to do this without a Korean bank account?
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How much bitcoin do you need to play with day trading?

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05-31 22:44 - 'ALWAYS TRADE FOR TOMORROW FOR BETTER DAYS ... Do you know you can earn up to 60ltc and 0.5btc to your wallet... INBOX ME HOW....' by /u/davemith12 removed from /r/Bitcoin within 12-22min

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ALWAYS TRADE FOR TOMORROW FOR BETTER DAYS ... Do you know you can earn up to 60ltc and 0.5btc to your wallet... INBOX ME HOW....
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Author: davemith12
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New to Bitcoin trading- How do I get started?

Hey,
So I’m finally jumping on this bandwagon and wondering how to start. Is it just matter of signing up to somewhere like Coinbase and buying some? Where would I store them? Is it best to transfer them onto my own hard drive (however you do that) or is it okay to just leave it in the Coinbase system? I’m going to be pretty much HODLING, so what’s the most secure way of doing things?
Cheers!
submitted by Entrepreneur12345 to Bitcoin [link] [comments]

05-04 20:35 - 'hOW about if u wanna sell or trade alittle? Moving from wallet to exchange and vice versa has fees. What do u have to say to that?' by /u/Sistermoon999 removed from /r/Bitcoin within 82-92min

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hOW about if u wanna sell or trade alittle? Moving from wallet to exchange and vice versa has fees. What do u have to say to that?
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Author: Sistermoon999
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How to buy Bitcoin for Beginners - YouTube How to EARN BITCOIN using COINS.PH  2020 (Step by Step ... How To Easily Make $100 A Day Trading Bitcoin With ... Basics to Bitcoin Options

Mobile AppsBuying and Trading Bitcoin is now easier than ever before with several apps on mobile phones now making it easier to do so. The Square app can be used to buy and sell bitcoin on your mobile phone.Several other apps have a similar function, and they can be downloaded from Google Play and Apple iStore. What is bitcoin trading? Bitcoin trading is how you can speculate on movements in the cryptocurrency’s price. While this has traditionally involved buying bitcoin through an exchange, hoping that its price will rise in time, cryptocurrency traders are increasingly using derivatives to speculate on both rising and falling prices – in order to make the most of bitcoin’s volatility. Best Bitcoin Trading Platforms. The first step to get started trading bitcoin is choosing a reliable platform. When starting out with bitcoin trading, we recommend that you opt for a user-friendly Bitcoin trading happens 24 hrs a day online, so customer support should be available at all times. You’ll want to be able to speak with a live support person, and many brokerages have a local office for ease of use. The representative’s ability to answer your questions regarding spreads and leverage, as well as company details is very Bitcoin Trading: Common mistakes to avoid #1 Having an itchy trading finger . Because of crypto’s volatility and the general public’s FOMO, people tend to overtrade. One thing you need to understand is that trading cryptocurrency is quite like gambling and isn’t an exact science. Don’t overplay your hand especially when you lack

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How to buy Bitcoin for Beginners - YouTube

Tutorial paano kumita sa coins.ph - P100.00 -P1000.00 per day. VIDEO ABOUT AUTOMATIC TRADING --- https://youtu.be/VR_mAFn2aqk LEARN FB ADS with Chinkee Tan o... Subscribe to my bitcoin channel - https://calcur.tech/subscribe-curryncy Updated video - https://www.youtube.com/watch?v=n5Q-A5BVw98 Join Coinbase and earn $... Bitcoin Trading Challenge 3,168 views. 24:01. Bill Poulos Presents: Call Options & Put Options Explained In 8 Minutes (Options For Beginners) - Duration: 7:56. Profits Run 2,048,332 views. In this video, we do a live trading session where we enter one of our positions from our previous Market Analysis that we pointed out as a good support set u...

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