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any tips there guys im new in trading

edit: also best altcoin to invest

which type of tip do you need ? trading depends upon your knowledge about the market. note this famous line- "buy low, sell high". trading is not so easy so it will take some time for you to become expert in it. also there are no other tips for trading.

 etherum is the latest trending altcoin. btw, if you ask me personally, i would suggest you to invest only in bitcoins because these altcoins are not as promising as bitcoin. btw, thats just my opinion.

don't trust anybody who tells you to buy something, especially if you find it on the forum that some random user is advertising a coin is good.

take the advice but investigate yourself, go to their topic and see if it is really good.


nothing good will ever come out of this question :D

but for now i am watching ETC for short term investment which is super duper uber risky.
and also investing some in LISK for a longer term investment.

and as always the first and only coin that i keep is BTC

best advice I can give you is to start small, don't go all in with all you have. just invest what you can afford to lose, then learn on the job while taking small risks and even if you lose you only learn from your mistakes and move forward with your trading.

also try to hang around in altcoin boards and read different opinions but don't act on everything you read because a lot of them are total crap.

I was loosing 2 months to start winning now. When i think now about what i did 2 months ago, it's a complete disaster.

So my tip would be, trade with imaginary money but act like it's real money. When you learn enough and when you see that you're doing good start using real money. You will save a lot of money this way, i wish i have done it that way.

The most important tips that you should be careful in taking any decision. keep your patience. see how a coin and clay developing a blue print altcoin. timeliness in buying and selling coins so important.

I will give you one enough tip : depend on yourself and don't expect any one to give you his trading strategy.
In regards to the best coins to trade , ETC and LIR are new coins with big daily trading volumes , I am trading these two coins now , LIR will rise up in the next week because new updates will be announced soon . Best of luck .

Starting with low amount because you're a new player in the world of trading and cause of that you no need to spend a much of your fund in trading before you having a more experienced in them, and with low amount you can start to learning and gather some information about trading, but for choosing best altcoin better for you to visit the exchange site and seeing the volume of the alt and how many users is using them to trading because the alt coin who having a lot of users is will have a good future for next time, i sure about that.

do not give up if someday you had wrong predict the market movement and loss because trading will not always get profit and even traders expert have experience to loss but with those experience will make you more experts from day to day

Patience is the main key in trading , and dont be a day trader means if what price coin you bought just read the market and settle it whether you are in profit or loss high or low, as in Altcoin trading dont love any coins because then it will become your wife. ( I think you will understand what am i want to tell) what ever profit less or more just sell and be in clear or atleast clear your investment and keep profit in coins.

I just wanna share my experience, before you trade cryptos coins you must understand about analysis tecnical, system trading (management margin and risk,time to entry and exit market) and psicology trading. Make sure you understand minimal about analysis tecnical. And for altcoins if you have much capital you can trade ethereum(ETH) but if you just have little capital you can trade ethereum classic (ETC).

I suggest that you wait for a dip in price before you buy. Then you can expect a increase relatively soon. Also, don't try to get a big profit if you are going to make a lot of trades. Just take a profit and wait for another drop in price.

I can only give you 1 advice and this think dont listen anybody .read examine and make your decission

If you are new in trading you should not ask for simple tips to start your trading career. This involves a more serious process and it would be better for you looking for learning materials to learn the basics of trading step by step. But you also will need a lot of patience to gradually acquire these basic knowledge without despair.

I don't think it is a good think to wait for price dip because no one knows how much the price will go down or high to start investing. So one can start accumulation in small quantities from now to get a good best average price.

If you're a new to bitcoins, then don't immediately start altcoins trading instead just start with buy and sell only bitcoins and learn some knowledge first how this system works.

I disagree also for thay thoughs to wait those dips its because some other coin that go dump deeper will canot gain back its original pric and that what we called shit coins and if youd really buy that theirs a big possibilities for us to lose money if the price and volume will became 1 or even 0 so thats why its better for new ones just to monitor the one coin they desired to trades and look after another if they can get more ideas if they master the trade.

don't trust anybody, that is my mistake to believe people who said to hold my coins , after i hold my coins he dumped his coins and i'm not sell mine yet

Right! everyone has their own objective indeed so they promote the coin the are involved. but just so you know, i'm putting my money on xaurum RICO.

read this board, there are already some topics similar to yours and you can sometimes find some good advice on them. but you should always use your own judgment instead of listening to others when it comes to where to invest.

Interesting, following some trading tips.

To learn from trading start with small amount to earn some knowledge to what coin is better than other coin. Atleast if you failed for it it's only small amount and its easy to recover, I recommend xaurum Rico for long term trading and I think this coin had a potential than others but you can find many other altcoin in exchanger and do not be scared buying it if you that's coin had a potential.

When it comes to trading, you must consider these things before starting to trade real BTC, otherwise. Loosing your bitcoins may occur.

1. Capital- You must consider the capital first when trading. How much will you invest? Tip: Only invest what you can afford to lose. Putting your money in trading is optional and is only based on your own preference. But, the higher the capital, the higher the profit.
2. Discipline- Emotions should put aside if you want to start trading, because pro traders uses this to have an advantages to newbies, so make sure you have the guts when it comes to trading. Also, Patience is needed, some coins need some time before it pumps so watch out for it.
3. Mindset- your goal is to gain profit, no matter what. So, you need to stick wih your plans. Do not go with the flow, as everyone is just fooling you for them to control the price in the market.
4. Choose the Correct Coin to Trade- It is very important to you to know if the coin is legit or it is a scam coin. Many are loosing their money to those scam coins. Make sure you research first the coin before investing on it.

Those are just some of the tips, there are many more but the rest is up to you to learn when you start trading. I hope that helps, sorry I can't provide detailed one.

Now, when it comes to Alt Coin to trade, I think DRACO will do because the dev. is doing all his effort to make the price of the coin good.

little tips from me when in trade, the most important thing is patience, and not too greedy. when you buy coins, then you do not wait the price is too high, because it will not teercapai then prices fell back and you get stuck (loss).
I often experienced this, so when you've got a considerable profit, it is better to immediately sell.

It is excellent point one need to remember if you want to make some money from trading. I always do same and sell when I reach my profit range around 20% and will start buying again when it goes down to 10%. But I also keep some coins for longer-term appreciation. It is not a very easy to make profits always from trading and it quite risky so trade carefully and never borrow money to trade.

first a new player shoud learn the rule of the trading. you should starting with low amount to farmeling all this rules.
then you should learn about altcoin and  choosing best altcoin to exchanging.

I think you should have  to invest in LIR, it is a good altcoin and with that you will earn a bigger profit in the coming weeks, the price of it is now much better to buy as much as possible and it has the potential to increase more than 3X.

I am also new to trading. I have an idea of buying low and selling it high but my main problem is that i have no idea of what coin to buy because i am quite confuse of its price i can't understand  the UI of trading sites.

One simple line you always have to keep in mind " don't buy anything at peak price when they are pumping hard, don't sell your holdings being panic when it get dumped in short period of time".

And also top of it don't buy and get stucked holding shitcoins which usually don't have any good daily volume.

I wouldnt want to invest in altcoins as they all seem copycat from bitcoins and might die out in future

Try to invest in LIR and FRWC, I am suggesting you that two altcoins as I am now working with these both altcoins and there I am earning a bigger profit, but stay alert sometime the price go too much down do not worry about that but try to buy more at that time.

Adopt any exchange which you like most for your exchange of your money and where you sell easy, and try to search about all the coins and keep your eyes on the trade and try to select a coin for you which you will know that it have good volume of sale and have bigger fluctuations.

Sites like bitmex with a 100x leverage offers trading from as little as 50,000 satoshi, this may be a good way for you to get into trading initially. Sites like yobit.net and poloniex offer altcoin trading, as for the best coin I wouldn't know, I tend to stay away from altcoin trading.

Observe the market first, take your time, often check various news around the internet to see is there some connection between price movement and some news. Also before you start to trade with your money, try to do it on paper. Choose a coin and wrote down price of coin on paper and how much you planed to invest, with other information about coin, when you think it will rise, for day, two, month, year..
Nobody can teach you how to trade, you need to learn it yourself. If you wish to earn a lot from trading think about paying someone to teach you about it. Or you can have fun like I do, go for the feeling, and after reading comments here about some coin I buy some little amounts.

Don't ask from random people to suggest you altcoins to invest,almost every opinion here is biased and everyone will try to speculate the coin he has invested.Spend some time and do your own research,this way you will learn how to trade by yourself and you won't depend on other's suggestions in the future.

1) Follow Market and never against Market
2) Trade only Crypto that have high trading volume
3) After a loss ( you will have some loss, all traders have loss, me too) don't try to recover it in fast time, but take some time to think about.
4) After a win ( you will have win, all traders have win, me too :) ) move not less than 60% of profit out of trading: this is money management!
5) Before Start Trade fix stop loss and take profit
6) Never move stop loss

Offer me a Pizza  ;)

Instead of yobit and bitfinex you try direct cash for trading like localbitcoins, Where you trade instantly very fast and smooth with the verified users.  Get one account with good trust and trade volume and go for it.

-Do you have a degree in commerce ?
[jokes apart]

Although no degree or formal education is needed to start trading but some basic knowledge of the market is always useful.Stuff like 'margins','break-even',etc I have only seen people who're good at share markets equally better at bitcoin trading.That could be totally subjective though!
-Stop investing in markerts before you study about them.
-Invest only what you can afford to loose.
-Understand statistics and graph charts.
About altcoins : let's not talk about them right now.

Bro According to me You can Start Trading BTC/USD Because Bitcoin is a Promising Coin.
I know You Don't Get Much Profit By BTC/USD trading But you can't Lost your Total Money in it but it Is possible in Altcoins Trading....
So I Suggest You Only Do Bitcoin Trading......

yes keep patience in buying and selling bitcoin is a matter that must be considered. other than that we could use altcoin for very little capital. altcoin trading is the most appropriate choice.

As a person that has done trading before, earned some money, and lost some, this is my advice to you. Always do a research first about the current state of an alt coin. Sometimes it's not just a basic supply and demand that makes the market move. Sometimes it's because the project of the coin has been dumped by the developer.

After finding the thread of the alt coin you want to invest in, check their future projects and see if you think their coin has potential to grow. Always check the thread regularly for updates, in that way, you can predict if the coin will shoot up in the future.

This idea seems to be safer than trading with altcoins. I also try doing this kind of trade because  the risk is not that high all you have to think or watch is the current price of USD and BTC

YES and I'd like to add a few more.
-Always check if the ICO is backed up by the trusted escrow
-Only invest after the coin is accepted in one of the top 5 leading exchanges.
-Check if the devs are keeping record of all the coins spent in pre distribution phase.
-Never invest in the primitive stages of an ICO.

i am trading in poloniex with middle amount of bitcoin. for first time, normally if you gets confusing with the menu but after that you will be familiar. from last night, i am watching ETC and MAID, especially MAID because in last night this coins have get up but its not high up in a second, its slow and make me play hit and run  ;D

maybe you can watch for NXT because i see its coming up, i think it can be play for hit and run  ;D

My tip is to not trust the people of trollbox. They are just trying to pump the coin that they invested in by trying to advertise the name in the troll box. Another thing is to remember the saying "Don't put all your eggs in one basket." If you have 1 BTC, don't invest it all in one alt coin. There are tons of altcoins out there. You might wanna check their thread in this forum first before you invest on it, most of them has a thread here.

Another thing, you could also try trading in groups. If you have friends that do altcoin as well, you might want to do it with them. There's a lot of things you could learn from other people's experiences.

https://bitcointalk.org/index.php?topic=1185810.msg15808556#msg15808556

August 03, 2016, 10:28:25 PM

aeon 2600 sat / target 4000 / 6000 sat
dgb 53 sat / target 80 sat
BTCD 200000 sat long hold
XMG 2000 sat target 5000 sat
LTC  660000 sat hold
NMC 57000 sat hold
PPC  60000 sat hold
NIRO 6000 sat hold

today /
aeon 2900 sat
BTCD  Last 0.00279127 ....  24h High 0.00298996
XMG  24h High 0.00002422    ... .  24h Low 0.00001875
this is no trading advice, you trade at your own risk, this is only exemple...
trade is  losing trades and winning trades risk management, you win if is more win trades then lose trades

for exemple NIRO  24h High 0.00006909 24h Low  0.00005200
If someone buy at 6800 and panics when is go down to 5200 and sell , this is bad trade.
Look Market History of NIRO .. in last 24 h ... its good lerning exemple

Well right now i am trying to trade ethereum and dash, i think ethereum will be great crypto currency in the future but as a trader dont just focus on 1 coin try to search and explore other coin to expand your trading knowledge, but trading alt coin has bigger risk then trading btc/usd

Hi sir do you know ethereum clasic? Because during the dump of bitcoin i saw that ethereum classic price goes up crazily in vice versa of bitcoin price dumped. Do you think it is also a good alternative?

if you are new, it is difficult to explain the trade. because trading full research. perhaps better, read about the trade, so that you understand the basics of the trade. If you are confused in choosing a coin. You can find information about coins, or look at a coin which has the largest volume.

The best and more popular altcoin currently are ethereum and ethereum classic which can be found on poloniex and have a large volume trading(they stay most of the time on top of the popular coin list). What you should consider before taking action and purchase altcoin is to check how often and when the price goes up and down, check the exchange price maybe you can make a faster profit by moving from an exchange to another one.

Personally, the place where I do most of my research would have to be places such as CoinCap.io and all of the forums in which the coins that you are investing in reside.

Don't join in on the pumps and dumps, could make a ton of could lose it all

Better to make a lean 2% then lose a FUCKING TERRIBLE %100

I don’t have much knowledge about altcoins but I have some experience with investment and I would like to recommend you few tips to implement while trading (of course I learned it from this great community & my experience).

This is from warren buffet, his first rule of investment is ‘Never lose your capital’ and his second rule is ‘Never
forget rule no 1’. Well that means don’t stake your whole capital at one place which you can’t afford to lose.

Second one, If you want to invest $1 money then invest $100 worth of time before investing your $1. You will always have good potential while investing $101 th dollar.

Third, Always research before investing (that’s similar to #2) further don’t trust on anyone (especially if it’s free).

I agree, don't get too exicited about potential returns. Try to start small and don't take too many risks. I would start with trading only active alt coins with a decent price.

Yeah same here i start at small amount and try to my self to discover the ways in trading how i can make a profit.. before you can start to trading with high amount first that you dont have any idea and strategy how you can grow your trading it may result of loses..

Like you, I am about to start trading.
What I did was to go to coinmarketcap.com to type out about 600+ coins in a tabular form. Every day their prices will be recorded.
This is how I can keep track of coins that are being pumped at the moment, so I can get on the bus fast and sell before dumping begins.

If you are new to trading then I suggest you to make trades altcoin. when you trade do not forget to monitor at any time to see the price movement altcoin. you should be careful and clever in arranging a time when buying and selling bitcoin.  ;)

I think for new people who just want to start trading then they should first start to buy bitcoin at a lower price and try to sell for higher price instead straightway jump into altcoin trading. Because altcoin trading needs a quite lot of knowledge of all altcoins before investing. I agree that one must be watching all price movements after the trade placed otherwise may miss the opportunity of earning profits.

start  with small amount and learn with it
if you win or lose make it a lesson
when you're ready start with big amount

I will chose trading ETC,LIR and my little advice for you is

Research more about trading and remember that trading carries risk (and it still have good retuns)
Don't let anybody tell you that you cant make it
Don't let the chart deceive you  (study the chart)
Be Patience
Depend on yourself (Don't expert manner from above)
Know the market before you enter
Never Give up (an expert was formally a beginner)

Suggestions and tips are very unusual. because the first time I know trading, most major way I do is do everything you do. and now the results I get from the Tip is I can already get more than enough money for the life of me and I will look for other ways, so the money I get can help all those who are in need and I want to be someone that is beneficial for everyone

The best tip for you is that do not invest your capital in trading as you are new to this field, just separate a minimum amount of your capital and do sell and buy with that and try to increase that amount on any exchange where you want to start trade, and when you notice that now you are in a position that you do not lose any amount there then you will be in a position that you can start trade in full.

I agree that you should not trade in full if you do not have any experience yet in it. Yes there are others who became millionaires in trading but I believe that they did it because of years of experience and hard work. They already have a feel of the market and already have a speculation of when the buyers or sellers will act and where the market will go.Experience, research and trading psychology is needed to be a successful trader. You can see if you already have the trading skills by your performance and if you are consistently earning profit.When this time comes then may be you can invest higher capital to earn bigger profit.

I like this tip, the only think I would like to add is to never be greedy. You will see the term a lot of times here and in the trading world.
Many investors are too greedy and wait too long to either buy or sell.

I was one of them...

Even you already know the move of the altcoin you monitor , it will fall down there a chance that it will not  recover the amount that decrease  ,accept that there is always risk, i saw many altcoin that the price going down morethan 20x and now it's hard to recover back,

Because the panic sell and no one buy that coins while the price hits a ground and becoming a dead coins
Also the dev dump hard their coins cuz achieved their goals for run away our money , and also the bad community the coins has in network.
But , you can still hold that coin . Who knows a good dev can making those coins good again.

don't trade altcoins, trade bitcoin to fiat and sell when it is expensive and buy when cheap

As You Said Above that You are New to Trading So I Want to Suggest You to Firstly Gain Some Information About Trading Because If You Do Trading Without Knowledge You Can Lose Your Money Because Without Proper Knowledge Trading is Risky......
Many Altcoins are there to Buy With Good Team and Good Price Like Etherum, Litecoin, Dogecoin Etc.....

Though I seldom trade bitcon - dollar pair but I know it is very profitable and you do not need to convert bitcoin  like in altcoins case. But since I diversity my trade, there are also alcoins which is good and with real backers. But as what @garundang said, I would say also that just be carefull when choosing altcoins.

i think for beginner it is better to trade bitcoin with alt coins, because you can learn more by trading alt coin and you have more option to trade and beside of that, it is cheaper to trade alt coin rather than exchange to fiat, when i was start trading, i trade bitcoin with alt coin, one thing that i learned is you need to be patience to earn from trading and you really need to see the news everyday, most of the time i lost money from trading is because panic selling when i see the price is dropping, so in order to start trading you need patience, knowledge and self control

Yes, it really happens and it is a great risk that we have to anticipate. Some I was forced sell at low price just to convert it back to bitcoin as the devs have already abandoned the coin. Sometimes its a sad case already if the exchanges give a notice of delisting.

Thats the saddest part when you are still trying to hold hoping that the coin can make a rebound but in the other way its been delisted and every investment that you place has been completely burned so its really important to study first before you enter the trading business.

can you give us a tutorial on how to do this on kraken? I have my btc sent there for two weeks already yet i haven't done anything yet since i find the interface confusing. I can't even move my btc to usd. it would be neat if i can find a detail tutorial on how to do it.

No kraken platform is not any alien thing, if you spend time to check their features you can easily get adopted to them. Because, preparing a complete tutorial might take long time. You can ask questions here at which point you are facing any difficulties, then people will come with your required solutions.

Recently I sold my ICN tokens there. That was my first time in kraken. I just registered an account and did everything smooth step by step.

Buying a  sh*tcoin would  really waste of your  money  . Thats the  thing   why trading is  hard   because  there are  lots  of coins out there   to choose  from   and you  must   be  vigilant and  do  research first  before  you  invest into a  coin because  not all will  pump in the future  because  most  of coins  out there  just   pump  once and  dump  forever. To OP, if  you want   to trade  better study first the  most  important things to do in trading.

If you are a newbie in trading, It should be great if you read some threads here to make a conclusion which can help you in trading and also starts from a low capital which you can afford to lose so it will not hurts your feeling if you got negative profits because it is part of learning. After you read and made an conclusion about trading, It is good for you to try the things that you learn here and apply it on your trading strategy. Explore,Read,Apply <- That is one of the best thing to do IMO.

Yeah, that was the points to remember when trading. Also, in addition. Don't be carried away with your feelings. Discipline is one of the main factors that is essential in order for you to succeed in trading. Make sure to stick with your plans and focus on what you are doing. Also, make sure to have a deep background research on the coin you are going to trade to avoid the loosing of your bitcoin. And lastly, make put into your mind that trading has a risk of loosing money and you must accept the fact that in the start. We will loose some money because that is part of the trading learning process.

The best advice for someone that is new to trading is to way and try to learn as much as possible before you do any trades, since there is a lot more in this world than just buy low and sell high, you need to choose the right exchange, how much you are willing to risk, for how long you want to trade what altcoins you want to trade.

this is what you should know about bitcoin or altcoin investment and trading.An investment in Bitcoin is a long-term undertaking, often with multiple goals such as portfolio diversification, fiat risk hedging, business or ideological objectives, etc. Bitcoin investors are generally insensitive to price volatility and unlikely to exit their positions, barring some dire eventuality.

By contrast, most Bitcoin traders maintain only short-term positions, staying in a trade for a maximum of a few months - but often for no more than a few hours. Bitcoin traders are also extremely price-sensitive, striving for perfect entry and exit prices and abandoning their positions immediately if they prove unprofitable

If the coin is pumping just sell your coin and if the coin is dumping just buy a coin that is the simplest way to earn in trading. And don't trust a new coin because it might be a scam coin. And The most important is to have a team to control the market value, the dumping and pumping you must have a te of traders for fast income  :)

You have a good idea honestly i do not invest in new coin instead for safety purposes i choose old coins like litecoin monero or almost top 20 in coinmarket cap.. those altcoin is more safe or less risk to invest than the other altcoin and it gives me good profit but it takes a long time before you can make a good profit.

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

Are you ever think? If not all of the people in the troll box was making a real troll for a newbie.
It may difficult for newbies filtering the pure suggestion and a troll.

We must always check the reliability of the resource from which we are getting trading calls.
Usually the free tips will not work effectively as far as I have experienced. We must only trade based on paid calls or from highly reputed resources/people. In troll box, usually people shout out only for their own benefits not definitely for your benefits.

Mostly this scene always repeat itself in troll boxes.  Anywhere you go, each exchanges if there is a troll box will tell you otherwise.  Meaning, people who yell about price increase , buy and hold will more likely to be the first one to dump the coins once he see people starts to take the bait.  So my say here is do a research and confirm the information.

This must be true and an useful tip because I have many experience of faced losses with the free trading calls.
Usually we must start trading based on others prediction only with paper trading. The mock trading will ensure the effectiveness of their predictions. Once we conclude that they are good with their predictions, we can start using them in our live trading.

Just don't buy shitcoins or scam/fake coins. Don't ever listen to troll box if that exchange have it. Always buy low and sell high. Study first about the coin that you are going to buy, read at its forum, its coin supply, roadmaps to make sure that the coin you are going to buy is worth investing.

never hurry to make purchases and sales of existing bitcoin have. make sure that when you sell your bitcoin can earn a profit margin on buying price the previous bitcoin. it will determine whether you will lose or gain.

i will suggest you to trading altcoin which have small price like under 200 satoshi and this is what i do because i don't have much bitcoin to buy the middle price. but i can not give suggest about the best altcoin to invest because i don't know about this and i am too afraid to hold altcoin too long and it can makes me loss.

Listening always on the  trollbox  will surely wreck  you  up  on your  tradings.  You are  right  this  is  a useful tip especially for those  newbies  out there because  i do this mistake too when  i was  a newbie  because  i do   listen  on those   fake  hypes  building on the  troll box  which i do  follow it and  bought the said coins  but  in the end  i do  realize  that  its  just  a  wrong  move.

Dont expect massive returns, get out with a small win and be happy, otherwise you will be the "bagholder".  And never listen to someone who has a "guanteed winner" (its sure to be the guaranteed loser).  Dont trade with all your btc either, only small amounts, because trading alts is a bloodbath.

I see this thread was started back in July.  I'm interested to hear how OP made out with trading, if he actually did any.  My take is that most users who come on here to ask for this kind of advice are sheep just lining up to be shorn.  Or turned into chops.  Altcoin trading is a bunch of fake coins being bought and sold between a bunch of people playing musical chairs.  It's farcical. 

try to read some article regarding trading/alt coin trading you should learn a lot of things about it as alt coin trading is very risky because cannot totally predict its price movements whether it will be pumped or dumped i don't know what will be the best alt coin to invest but try to find an active alt coin to invest or check it if there are many people who are buying that certain alt coin just an opinion.


it feels like i have been a victim of this same tactics and i have been on the same situation where i bought an alt coin and then she sold hers. ;D

I think I will agree with you, feedback on his trading investment will be welcome especially if he is successful in his trade,and such will help new people coming into the forum and if the strategy failed it will be reviewed just to prevent more people making the same kind of mistakes. I know there is no 100% guarantee strategy but certainly feedback will help

All of suggestion is correct, but for first suggestion how can you detect that it is a shitcoin? Well check the coins ANN thread if they have an active community,raed some feedback. Read the roadmap and projects. Also the Buy Low Sell High is common and basic in tading. But how about after you buy, the price dive to very low and it seems its already dead,no update from develops and sometimes wallet is in maintenance? Sometimes its always to be vigilant.

This is great piece of advice I ever learned from warren buffet and I couldn’t resist myself from quoting it here.

Warren buffet says,

Be fearful when others are greedy and greedy when others are fearful.

I have got good results most of the times and I can vouch that this advice really works.

There are a lot of training tutorials on youtube regarding trading you can watch but nowadays speculative trading is almost like gambling unless some big news or economic performance updates that will drastically affects the prices, so I usually check the market news sites and economic calendars to have the feel where the prices are going and then decides to trade accordingly.

Tips is read some good discussion here in forum some good advices on how you will start trading in short tearm only to gain some experience and then if you gain and learned then you can start trading with big moneys

best alt coin for me to invest is ico's you can also choose what icos you are going to invest your money visit the marketplace (altcoin) and find what your gut's thinks that you can make some good money.

There are many ways how to trade and can give you tips in trading.
As a new traders just take time to do research, watch videos on
how to trade an altcoins. Learning is a process when you trade,
just be careful on trading that might get you lose money.
But the one thing rule is buy cheap price coin and sell it when
the price is high and when you gain profit already.

taking advantages of the margin price is indeed good but i guess OP is actually reffering to altcoin trading even though bitcoin trading is also profitable
but beware with shit ICO which only scamming people around after gathering the bitcoin. they were exist and just be sure to invest on the right place

 

The only advice that I can give for you dude! I think is you must observe the traders in the different exchange sites of how they do trading into that platform. For sure with that things it will surely reveal and you can develop your knowledge into it. And never forget the basic rules in trading, which is sell high then buy at low price whether altcoins or bitcoin.

just don't stop studying and for sure you will succeed, and also just an addition make it a habit to keep visiting the ann page of particular coin that you are supporting the more you know what is the development the more you understand and predict the next movement.

Just always buy low and sell high. Set a goal or target profit to sell what you are trading. Don't be greedy on profits. If you sell it to early then be contented with it rather than having no profit or losing money. Choose for long term and short term trading. Don't let your emotions get over with you. That's all. :)

When you are newbie in trading try to read some good topics here in forum and best altcoin to trade is ico or try to join in signature campaign that offer goods ico :) you can make profit there while your investing your money to them :) i tried this before when im newbie.

Investment very when anyone doesn't have the idea about the product or services. As you said, Newbies should more things first about bitcoin features and crypto currencies. Trading and all part of their scene they could try with fauceting and signature campaign now.

I think the guy should first learn and read about trading before observing the actual trading.  It is better to set the foundation strong, this includes terminologies, strategy, charts and data reading.  Knowing this kind of stuff will maximize the effect of observation in the actual trading.  The reason is that he will easily identify the pattern, strategy and the movment of the trades just by readingcharts.

1.Do not invest more which you can afford to lose.All the traders at first think that trading means only win.But it's not as they thought.Sometimes you may be lose, so do not invest more than you can afford to lose.

2.You can set goals for each trades.It's prevent  traders from become greedy.

3.Many newbie traders don't know how to read charts so you need this skill to manage trading.

And lastly do not unprofitable position open for longer than 24hours.

If you are new it is difficult to explain the trade. because trading full research. perhaps better, read about the trade, so that you understand the basics of the trade If you are confused in choosing a coin

You should subscribe to some youtube channel to gain some information about trading.
I recommend one to join is cryptogrinders.
They give some legit information.
Use coinmarketcap for researching about coin and use tradingview or coinigy for technical analysis.
I wouldn't mention any coin but look for the volatile coins for trading.

Find a guy that was success in trading and follow him. Ask for his knowledges that you didn't have . You will be like him in the short time.

There are so many tips and tricks for make a better result with your trading. First tips you need to analysis coin market if you don't have coin price idea you can't make a best result with your trading and 2nd is write your altcoin result then start trading hope you make a good money form it

One of the best tips is Don't panic, set a stop loss and have self confidence. because if you panic you will just automatically sell it without knowing what will happen next and set a stop loss so you can't loose that much if that really happens. and of course self confidence is needed because you will be stopped because you will be anxious what will happen next.

For a newbie, I wanna recommend you have to equip good knowledge before trading. Besides, always keep calm in all situations.

This trading tips look very interesting am following it because I need to learn more.

Always keep track of your coins, know where they are and what they are worth... this video shows an easy way to do that.  https://www.youtube.com/watch?v=SEsF5iRfS38

If you are new to trading, I suggest you to study first, since you are going to focus on a lot of cryptocurrency you need to be equipped. Second do not rely on anyone else but yourself, if you have a gut feeling that an ICO will go up, check the chart and all the facts, since you will be needing and educated move, in that way you can lessen the risk and increase your profit and lastly, always monitor you investments, since you are not only investing in altcoins alone, but also with Bitcoin, you need to make sure you gain profit on both.

Buy when everyone is bearish and all the markets are down (pretty much now); sell when everyone around you start mentioning moon and Lambo.

Do your own research before investing into anything, don't get caught up in FOMO, educate yourself about technical analysis and psychology behind trading (read some books on stock trading).

The more time and will you invest in this, the more successfull you will be.

Good luck!

Buy and hold while you learn more about the space. Besides bitcoin, ETH, XMR & IOTA are all good bets.