Quote from: 13abyknight on August 24, 2017, 06:50:26 AM

Quote from: rollsroyce on August 24, 2017, 01:38:10 AM

Hello,

THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am a novice in BTC but have been lucky so far. I bought BTC at under $2000 and have now sold it at $4100. I am sure that I have made some mistakes in the way that I have bought, stored and sold the BTC.

I now want to trade both long term and short term in BTC. I want to trade in minimum USD $10,000 blocks

Long Term What is the "best practice" processes to buy and sell BTC?

Where is the best place to buy BTC using USDs

Where is the best place to store BTC using USDs. As a result of my limited research, security seems to be a major issue. I am prepared to buy a dedicated computer solely to store the BTCs if necessary

What is the best place to Sell BTC using USDs

It's pretty simple when you're buying BTC, just look for the least price in and around that time. Also, look for an exchange where the price is least, make sure the site is reputed with high volume trades.

About storage, just use a stable hardware wallet such as Trezor or Electrum and make sure you use a strong password and other security measures like 2FA.

Pretty simple it is exactly. You have to make an eye on the marketplace where you will be just seeing the price charts. Price is low, just grab a bitcoin and wait for time when price gets high sell it. Have profit. You investment can give you better results if you choose a better exchange that cuts least from your amount to convert BTC in required currency. Plus Electrum is really amazing as far as storing coins are concerned.