Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to Thread
    Results 1 to 8 of 8

    Thread: Trading Bitcoin

    1. #1
      My pips hand is weak
      I am:
      Cheerful
       
      davidbrown is on a distinguished road davidbrown's Avatar
      Posts
      119
      Accumulated bonus
      39.53 USD (What is this?)
      Thanks
      11
      Thanked 11 Times in 9 Posts

      Default Trading Bitcoin

      I have been trading bitcoin for a month now, though i've profited from the trades but i am yet to get a strategy for trading bitcoin due to its volatility. I will really love to get bitcoin trading tips.

    2. <a href="http://www.mt5.com/"> </a>
    3. #2
      MT5 Rookie
      I am:
      ----
       
      trade2getrich is an unknown quantity at this point trade2getrich's Avatar
      Posts
      31
      Accumulated bonus
      2.86 USD (What is this?)
      Thanks
      1
      Thanked 1 Time in 1 Post

      Default

      Please can you explain step by step how to start trading (how and where).

    4. #3
      Moderator
      I am:
      Relaxed
       
      dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans's Avatar
      Posts
      15,370
      Thanks
      42,488
      Thanked 18,481 Times in 4,419 Posts

      Default

      Quote Originally Posted by trade2getrich View Post
      Please can you explain step by step how to start trading (how and where).
      You can trade it in any Live and demo account in InstaForex terminal.
      Just open Market Watch, and scroll to the bottom of all instruments to find Bitcoin. See my screenshot example:
      how to trade bitcoin.png
      Spread for this instrument is 8 pips or $80 on price. Margin requirements are big, be aware of that and it is moving about on average 200 pips or $2000 in price every day.

      If you have any further questions, feel free to ask them. Also please check out my analysis on bitcoin and recent bitcoin chart analysis here - http://forum.mt5.com/showthread.php?...1#post12679654

    5. The following 2 users say Thank You to dzin4aans for this useful post.

      Warren Bafett (01-02-2018), zahid4x (01-02-2018)

    6. #4
      Forex in the blood
      I am:
      ----
       
      Warren Bafett is a jewel in the rough Warren Bafett is a jewel in the rough Warren Bafett is a jewel in the rough Warren Bafett's Avatar
      Posts
      314
      Accumulated bonus
      118.59 USD (What is this?)
      Thanks
      335
      Thanked 287 Times in 142 Posts

      Default

      Spread for this instrument is 8 pips or $80 on price. Margin requirements are big, be aware of that and it is moving about on average 200 pips or $2000 in price every day.
      Interesting! The 200 pips to $2000 price movement everyday is scary, it does move like Gold or silver. The margin requirements of gold I think is 60 pips/point in Instaforex. I find it not appealing to trade...
      No Guts No Glory!


    7. The following 4 users say Thank You to Warren Bafett for this useful post.

      dzin4aans (01-02-2018), Unregistered (2), zahid4x (01-02-2018)

    8. #5
      Moderator
      I am:
      Relaxed
       
      dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans's Avatar
      Posts
      15,370
      Thanks
      42,488
      Thanked 18,481 Times in 4,419 Posts

      Default

      Quote Originally Posted by Warren Bafett View Post
      Interesting! The 200 pips to $2000 price movement everyday is scary, it does move like Gold or silver. The margin requirements of gold I think is 60 pips/point in Instaforex. I find it not appealing to trade...
      Yes margin on GOLD is big everywhere. I think many brokers allow only 1:200 leverage for Gold and 1:100 leverage for GOLD on InstaForex. and for Bitcoin, it is only 1:5 on InstaForex. So yeah very very expensive instruments to trade

    9. The Following User Says Thank You to dzin4aans For This Useful Post:

      zahid4x (01-02-2018)

    10. #6
      It's time to retire!
      I am:
      Sad
       
      zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x has a reputation beyond repute zahid4x's Avatar
      Posts
      16,326
      Accumulated bonus
      3499.94 USD (What is this?)
      caught pokemons
      248 (What is this?)
      Thanks
      3,568
      Thanked 4,687 Times in 1,817 Posts

      Default

      Spread for this instrument is 8 pips or $80 on price. Margin requirements are big, be aware of that and it is moving about on average 200 pips or $2000 in price every day.
      I just want to add one more option here, if you want to trade in this crypto then you should not start with small capital, i think you need to have minimum $100 on your account and you should not use more then 0.01 insta standard lot size, if you use that lot size then after opening your order you will see 8000 point (8 cent) will deduct as for spread and dont think that this is too small amount, because its move too fast and also move more then others currencies pair or metal and yes dont try to make over trade in this crypto and if you see your trade goes on wrong side then you should close it immediately, because when it change its direction it strictly go on that side, btw you should practice on demo account before try it on your real account.

    11. The following 2 users say Thank You to zahid4x for this useful post.

      cambiste (01-02-2018), dzin4aans (01-03-2018)

    12. #7
      It's time to retire!
      I am:
      Cheeky
       
      zeeshaa is a glorious beacon of light zeeshaa is a glorious beacon of light zeeshaa is a glorious beacon of light zeeshaa is a glorious beacon of light zeeshaa is a glorious beacon of light zeeshaa is a glorious beacon of light zeeshaa's Avatar
      Posts
      11,321
      Accumulated bonus
      2505.37 USD (What is this?)
      Thanks
      41
      Thanked 532 Times in 278 Posts

      Default

      Trading in Bitcoin with small capital is not possible. we need handsome capital for this purpose because it is not very risky but also very Volatile. there are major movements in rate in a single day and we can't handle it with small capital. so first of all arrange big capital and then think about trading here.

    13. The Following User Says Thank You to zeeshaa For This Useful Post:

      dzin4aans (01-06-2018)

    14. #8
      FX Super Hero
      I am:
      Relaxed
       
      Omoba9ce will become famous soon enough Omoba9ce's Avatar
      Posts
      1,224
      Accumulated bonus
      235.14 USD (What is this?)
      Thanks
      47
      Thanked 66 Times in 63 Posts

      Default

      Trading bitcoin Vs USD in forex is very risky and should be done by experienced traders and those with good knowledge on Crypto currencies. This is because bitcoin at present is very volatile and is subject to massive spikes and unexpected movements. Also it is not very liquid which makes it have a floating spread with spread becoming outrageously high at times of high trading volumes.

    Reply to Thread

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts