How to trade Bitcoin & Altcoins – Beginner Level

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How to trade Bitcoin & Altcoins – Beginner Level

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Hey guys! Thanks for stopping by. In this video I go directly into how to make altcoin/bitcoin trades on Bittrex exchange. This video is designed for beginners only. I’m always encouraging people to get into trading, but they never have the time to sit down with me. By doing this video, it grants them the ability to learn on their own time.

BTCKYLE

Exchange Links:
www.coinbase.com (to buy your bitcoin)
www.gdax.com (coinbase exchange to trade bitcoin against USD)
www.poloniex.com (altcoin exchange, NY and NH traders banned)
www.bittrex.com (altcoin exchange in this video, NY and NH welcome)

Tool links:
www.bitcoinwisdom.com
www.coinigy.com (sign up for a free trial today)

Follow on twitter:
@chrisdunnTV
@crinvestor
@coinigy
@BTCKYLE (me)

Please be aware that you should do your own research when trading. I am not responsible for any trading losses that may occur.

By | 2017-06-06T16:46:45+00:00 June 6th, 2017|Cryptocurrency Trading|50 Comments

50 Comments

  1. Maaifoedie De La Rey June 6, 2017 at 4:47 pm - Reply

    Excellent video thanks ! Can you give an idea of the difference in transaction cost of the main exchanges ?

  2. Bryan Paul Orone June 6, 2017 at 4:50 pm - Reply

    hi thanks for the video.Could you please explain spreads one more time

  3. Jake Agnello June 6, 2017 at 4:53 pm - Reply

    Is there a minimum amount that must be traded? Or can I just load $10 usd and start just to get my feet wet?

  4. William Mackenzie June 6, 2017 at 4:53 pm - Reply

    really useful guide to get into the basics. thank you

  5. Zappire June 6, 2017 at 4:54 pm - Reply

    Turned on notifications.

  6. Geoff Jones June 6, 2017 at 4:55 pm - Reply

    At around 17mins 40sec. You’ve already selected how much BTC you want to spend, you then press Max and it says you could buy 8.31 XMR at that price, why would you then manually overwrite that with a lower XMR volume (4)?
    Thanks

  7. Zero Hedge June 6, 2017 at 4:56 pm - Reply

    I wish you had explained the difference between GDAX, poloniex, and bittrex. Is it just a matter of the state laws / regulations?

  8. Sir Walter Raleigh June 6, 2017 at 4:56 pm - Reply

    I’m new to trading and I can’t tell you how valuable this information is to me. I have been searching far and wide for someone who breaks it down in a way that a complete novice can easily grasp. My quest has ended with a subscription to BTCKYLE

  9. Andres Arroyo June 6, 2017 at 4:56 pm - Reply

    Hi, It´s the "Limit" option a Stop Loss function? I´m very surpriced because I use it today in "Conditional" mode. I place a price with the "Less than or Equal to" option, But the price goes falling down below this point. I lost some of my budget 🙁 Do you know what’s going on? Has it ever happened to you? please help me.

  10. Brian Jin June 6, 2017 at 4:58 pm - Reply

    Also the way you explained those orders as actually bots, is it the same amount of bots trading like that on poloniex? worse or better? Great video btw really well spoken! subbd!

  11. Vin Tage June 6, 2017 at 4:59 pm - Reply

    thank you for this vid ! How do you do a stop limit loss on this site ?

  12. kaylaablann June 6, 2017 at 5:00 pm - Reply

    Is this website only for Altcoins? Or can I trade(sell) BTC to USD

  13. J. Blanco June 6, 2017 at 5:00 pm - Reply

    Great Video brother, thank you for posting this. I am a new subscriber!

  14. Kamyar Shahmoradi June 6, 2017 at 5:01 pm - Reply

    godamn why does this platform require so much serious information, 2 forms of id and a utility bill? gtfoh

  15. Jefferson Humphrey June 6, 2017 at 5:02 pm - Reply

    Do I have to use a site like coinbase to buy BTC with my debit card, or can I use my card on Bittrex ?? Can’t seem to find a way past coinbase…

  16. Jeffrey D June 6, 2017 at 5:05 pm - Reply

    Any crypto funds I can invest in? Not interested in trading or speculating. Just a little dollar cost averaging into a fund that holds a dozen+ currencies. Anyone know? Thanks.

  17. Josh Aguayo June 6, 2017 at 5:05 pm - Reply

    Wait, this isn’t an EVE Online video?

  18. Angel Leynes June 6, 2017 at 5:06 pm - Reply

    Hello Kyle, do you have videos how to read charts?

  19. mikhael bandayrel June 6, 2017 at 5:08 pm - Reply

    bro i have a reserve bitcoin how do i get it????

  20. JuanCarlos Peralta June 6, 2017 at 5:12 pm - Reply

    Nice video. Excellent explanation for beginners like me.

  21. N D June 6, 2017 at 5:12 pm - Reply

    I’m new to the Cryptocurrency world. I have an idea in regards to Cryptocurrency, but what I do not understand is if you live in New York, can you buy these Altcoins or you can go to specifics sites? I heard about the BitLicense in New York, but I do not know is how does it effect the person buying and selling?

  22. Michael Edwards June 6, 2017 at 5:14 pm - Reply

    I can’t figure out how to get money in here. I have bitcoin, I have other crypto, but I don’t see how to deposit here. You skipped that step!!!

  23. Alvis Zhao June 6, 2017 at 5:14 pm - Reply

    I really like your video. I am confused about those names like "ClubCoin, Waves…". I wonder what are these things that looks like stocks? I thought there is only one index representing bitcoin.

  24. jaime eli pascua June 6, 2017 at 5:15 pm - Reply

    hi sir @BTCKYLE ..i really want to learn how to trade bitcoin and other crypto cuz i wanna earn some money..i hope you can teach me.. 🙂

  25. TxFw June 6, 2017 at 5:15 pm - Reply

    Okay, so if you don’t know how many units of an altcoin you want to buy (you’re not going to know unless you’re doing the math which I wouldn’t), and all you know is how much Bitcoin you want to spend… then what? I am concerned when I put the total amount of Bitcoin I have to spend on the bid/price line, I am offering the total I want to spend as a per/unit amount instead of total…

  26. Kasa Rara June 6, 2017 at 5:17 pm - Reply

    Wow thank you very much for this vid

  27. Alec Tschetter-Gaus June 6, 2017 at 5:18 pm - Reply

    Why not double your coins with Gladiacoin.com/TGSQUARED ?!?!

    It’s legit and earns passively..

  28. Hernan Arber June 6, 2017 at 5:18 pm - Reply

    Thanks Kyle

  29. Lin Snow June 6, 2017 at 5:18 pm - Reply

    Hey Kyle, you mentioned something on twitter about strategy on how to make huge gains on bittrex. Can you kindly share this secret with me? Thanks

  30. Seth Goldfarb June 6, 2017 at 5:20 pm - Reply

    Hey BTCKyle, so far, your vids on crypto$ trading are the most digestible. I haven’t watched that many though, but enough to feel that way.

    I just got situated with Bittrex and transferred btc from coinbase. Can you do a vid, or guide me to a vid or source, on reading the bittrex graphs and markets?

  31. Klr Rider June 6, 2017 at 5:22 pm - Reply

    Thanx man… good vid.

  32. Live BITCOIN Trading June 6, 2017 at 5:25 pm - Reply

    The best way to profit from crypto currencies is to know when to buy or sell. Having a technical analysis specialist that does live bitcoin trading on youtube could be very useful for many 😉

  33. Lannd84 June 6, 2017 at 5:27 pm - Reply

    do i have to wait untill bitcoin price falls before i buy other Alt coins? logically this will allow me to have more bitcoins to buy more alt coins. anyone can help me understand if my thinking is correct?

  34. Bukola Agboola-Akinrodoye June 6, 2017 at 5:29 pm - Reply

    Thanks a lot for that awesome video

  35. sovereign .forever June 6, 2017 at 5:31 pm - Reply

    confused…. how do I buy the actual bitcoins with fiat? I do that with a credit card linked on those exchanges? Sorry if its a noob question still new to this trying to figure it all out

  36. Ravindra rawat June 6, 2017 at 5:32 pm - Reply

    what is your mail I’d?

  37. W W June 6, 2017 at 5:34 pm - Reply

    dude, bittrex charges a .25% fee EVERY trade. No thanks.

  38. Allan Angkham June 6, 2017 at 5:35 pm - Reply

    Thank you, you’ve made it much clearer for me, Kyle. 🙂

  39. Kaynos June 6, 2017 at 5:37 pm - Reply

    Really, really informative video.

  40. Luisfer Elviolinista June 6, 2017 at 5:37 pm - Reply

    they don’t charge u to cancel but anyway you spent money by generating the order. so you cant present it like there’s no problem with that

  41. Brian Jin June 6, 2017 at 5:38 pm - Reply

    If i coin was pumped by whales in poloniex for x coin, is that pumped price reflected on bittrex too? i mean probably not the exact same price but it would follow those trends right?

  42. Guilherme Gonçalves June 6, 2017 at 5:38 pm - Reply

    Hey…. what do you think abou poloniex? People that i know are using poloniex to trade…. Do you think that bittrex is the best one?

  43. Gary Goodwin/ NetProfits June 6, 2017 at 5:39 pm - Reply

    Very good informative video to understand and get started trading on Bittrex. I have already done a few trades and have made profits. This is really a good time to be getting into this! Once again thanks for a great video outlining Bittrex.

  44. John Onyemaechi June 6, 2017 at 5:40 pm - Reply

    i just want to know about these coin trading . this is my first time hearing about it. my friend told me about it. i did not understand anything you just said here. I’m interested in this trading. i live in Austria, Europe.

  45. Bukola Agboola-Akinrodoye June 6, 2017 at 5:40 pm - Reply

    Just stumbled on your video. Very detailed and easy to understand even though am totally new to this. Will go thru your other videos but I would like to ask if I can get trade advice or how I can learn the different values of the coins so I can know what to trade on. In essence, how do I learn to make good trade? Thanks a lot

  46. james williams June 6, 2017 at 5:40 pm - Reply

    All applicable in 2017?

  47. Forex Top Investments June 6, 2017 at 5:41 pm - Reply

    Great video

  48. Marilyn McGee June 6, 2017 at 5:42 pm - Reply

    Hi, I am so interested in trading. Where should I buy Bitcoin or Litecoin?

  49. Anthony Astacio June 6, 2017 at 5:42 pm - Reply

    How do I get a bot?

  50. Beppe Zizza June 6, 2017 at 5:43 pm - Reply

    Just subscribed

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