Bitcoin Forum

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

You need to know the basic rule of trading Buy low and sell high and you have to select the which crypto currency you are going to trade and appropriate capital for that coin is also important to make enough money.

It is not about hold and sell you have know when to buy and when to sell,I suggest you to start with one coin initially and the do multiple currency trading after you got enough experience from it.

It's not just simply hold and sell however you can still make money with just holding but what you can make if you will day trade is way higher than what you can get from just holding all coins you have.

Day trading or active trading is not easy and you have to learn from mistakes and have perfect trading strategy. You should learn to be patience and you should not trade emotionally.

First thing and it's the important thing you need to know while you decided to start trading is trading has high risk. You could lose lot of money or earn lot of money. You should be ready for the worst and best because it's really unpredictable on cryptocurrecy trade.

I think for a start it's best to learn the basics of security. be careful not to lose your coins. Do not use bad exchanges, read more and personal practice will help you. when you feel more confident you will understand everything further.

The first thing you need to do and know about cryptocurrencies trading is how risky it is and it is very possible for you to lose all your investment in it. Trading is a game of professionals and skillful person and it is not advisable for any one to go into it without proper skills and knowledge how it works. After that knowllege you can now buy some of the coins and hold for long term.

If you have not done it previously then you consider yourself in the category of HODL and sell for now because that's what works just fine according to me. Trading can be frustrating after sometime if you don't earn pretty enough from that and over the time you might just loose hopes and by that time you will have lots of money on stake.

Crypto trading can be great opportunity but let's be straight about it, they work the best when done with hold and sell started. Now if I am telling you this then I am sure about it because I have been through that and I don't want you to spend and loose money for nothing. Try hold and sell or even swing trading for instance. Quick and easy.

First you should be able to see the state of the market is when the trend up and down, has a source of information that can provide you with accurate and fast information, because the price of crypto is determined on demand so you have to know what makes the demand up or down. When you are already in the world of crypto trading you will understand that this is not just hold and sell.

One should know before start trading that cryptocurrency trading is very risky and its price fluctuates quickly. So, always start with a small amount and get experience.

Basically what everybody else has said here.

At first just trade demo and see how it goes for you.

When you want to go live then learn about cold storage and hardware wallets first. A lot of stolen BTC out there due to newbies who don't know what they are doing.

I use 3 basic strategies for generating income from trading in crypto-currencies.
Selection of coins, investing in them and holding for a certain period.
I also analyze and invest in coins at the pre-ICO and ICO stages.
And of course trading.
Each strategy requires certain skills, experience and knowledge.
To get income and good results, I first went through training.
I am still studying a lot of information

Aside from the basic knowledge, you also need to acquire different skills and knowledge.  The scalping, the right timing and using the news as prediction to the trend of trading.  You also need to learn how to use your patience effectively and most of all, try to learn on how to join trading groups that can give you signals and news about the coin or stocks you are trading.

1. Create a trading wallet of crypto bitcoin IQ option
The normal currency is stored in the bank, while kryptocurrency is slightly different due to the fact that they are just software. This currency is stored in a place called "wallet".
2.Creating a Trading Account
The first thing you need is to open a trading account. I recommend opening an account in a regulated broker like IQ Option or a redeem offering kryptocurrency trading.
3.Fill Your Account.
Depending on the broker, you can fill your trading account in various ways. Namely, credit cards, bank transfers and eWallet.
4. How to start trading kryptocurrency
Depending on the broker or exchange place

You must know if trading is not only getting profit, and you must manage your amount for trading.
And next step you can create an account on any exchanger. That the basic for starting trading

There's a lots of factors that you needed to understand before proceeding to this business, trading is not just hold and sell or something that you think that it's easy to handle, trading is more about how taking the risk, a high risk is inside this system, if you don't have any knowledge and you don't have a big nerved to still being cool while seeing the fluctuations is happening, then think twice before placing any entry, keep reading those good advise and collect
that as a learning guides to enjoy and succeed.

trading is not just hold or sell. there is a lot more to it than meets the eyes. you need to know when to hold, when to buy more and when to sell and what coin you do all this on. in my opinion it is more of an experience than something that you can just ask others to tell you the "how to" to learn it. of course there are some basics of trading that you can learn from any online course about trading but in the end that experience which is only gained through you getting your hands dirty is what makes the difference.

yes it is all about HODL and SELL but it depends if you have enough knowledge how it works.  . So first if your are lack of knowledge you must learn first and make some research about doing  trading, so that you can obtain more information and and you can make your own strategy for it to avoid loses ',cause to be honest doing trading in different manner is very risky you must risk also if you want to gain more profits after .

You should know the basic interms of cryptocurrency trading, The basic of when to buy and when to sell, you should also know the possible risk you may encounter in trading,  don't be afraod to take a risk becasue taking a risk might result to failure or sucess,  you might experience success or failure im trading but anything happen atleast you've learn you experience.

1. There is an anonymous group called whales that can easily manipulate the movement of the market.

2. Security of your funds in the exchange of your choice is very paramount. Always enable 2FA as an extra layer of security, use a very strong password and ensure to access your exchange account only from personal devices. All these really matter as even when your invested coins/tokens that you have been hodling hit the moon, you could still end up with $0.

3. Learn how to spot quality coins with a promising project.

4. Sometimes, it's best to buy a quality coin when the price dips for the first time it hits the exchanges than during the ICO which is higher.

So how to trade? in IQ option is there any option to buy altcoin? i am talking about crypto trading where i can buy coins and will sell it when the price is increasing.

Thanks for your valuable tips. but wanna know that where i can buy the coin and sell? thanks for ICO tips. i am learning about ICO. it is kind of trading sometimes it is called investment.

Holding and selling is more like investing for a long time. Trading is like trading instantly and switching between coins for maximizing profit.The best thing to do is learn how the market works first. Gain information about the coins you are about to invest and check their potentiality. Try investing small before going big. Learn from your small mistakes.

holding and selling is very important in this market, but of all that is about timing, just need informations faster than the crowd a little bit, we can earn a lot of profit, so when you want to get in this cryptocurrency trading, unless you are big whales you should learn from groups of cryptos first and participating in groups that can bring profit from pumping and dumpings.

basically trading is buying cheaply and selling it for a high price, learn to determine the direction of the market, and choose a coin that is suitable for you to trade, because each coin has a different character different.

as much as crypto trading seems extremely lucrative, if you have a day job that pays your bill - IMO i strongly urge to NOT quit it and become a full time trader. Start slowly by investing time after job and weekends (work your ass off on the weekends in getting educated and researching).

Hone your trading skills and style in due time and once you are able to sustain your monthly dues via consistent profits, scale to being a full time one.

The most important and crucial thing is - you have to be a voracious READER!

Wish you luck on your journey!

there are many many things you have to know before trading. technical analyst, pshycology,... but i think hunting skills is the most important lesson you should study before trading

I realize you want to know where you trade, right?

To start trading you need exchange like:

https://www.bitfinex.com

https://www.binance.com

https://bittrex.com ( be very careful with this )

then search on youtube how to use exchange to make trade

next step:

you should learn technical analysis even if you will not use much, is very useful in certain cases.

you need to be always informed, that means you should read the news channels: https://cointelegraph.com


https://coinmarketcap.com ( read constantimento the thread of the currency that you are doing trade)

You need to take your time firstly reading more about crypto trading, and learning the basics to avoid the biggest mistakes, and to minimize the risks. You have to learn how to study the market, the chart, and how to choose the most promising coins or tokens to trade, and when buying and selling. Without such knowledge you risk losing your hard earned money easily because trading involve high risks.

First read all "how to trade" topics. Do a lot research about coins and market before you start trading. Read news but choose wisely what news to follow because there are more FUD and fake news than real news.
Your final goal is profit, so you will need to buy coins when their price is low and sell when price increase.
The thing is you have to spot right time for buying and right time for selling.

I believe that in order to be able to invest in the Cryptocurrency market you have to understand what the nature of the market is, how it works and understand all the projects you are intending to invest. private If you are involved in a trade, you need to learn about technical analysis, market intelligence, capital management, and information channels to work out a trade plan.

Buy low and sell high would always be the popular advice not just in trading cryptocurrency but it applies to all trading markets like forex and stocks. If you wanted to learn trading then you should start first by understanding how the market works. You can start with the School of Pipsology here https://www.babypips.com/learn. One of the mistakes newbies made when starting to trade is that they do not understand the terms use and the market structure. They just buy a coin immediately not even knowing the fees involve and study why the coin is increasing or decreasing rapidly only to be rekt afterwards.

There are a lot of youtube videos if you don't want to read. If you are really serious about trading then you should dedicate time to study the market because those who are successful didn't just study them for a short period but it took them a lot of time before they become profitable.

1. you should know why you buy a crypto, do not buying with rush just because the crypto are in still up situation.

2. you have to make clear target to taking profit and the most important to make stop loss level to avoid over loss.

3. you have to do risk management, do not too acquisitive to make big profit in one trade. keep in mind take little profit into that accumulated into big profit

There are lots of things to know before you start trading cryptocurrency. First is the types of wallets you should use. You should know the level of security for each wallet because it is the most important thing in this market, the security. Next is on which exchange safe is the safest and most convenient for you to use. third is your goal on trading. Are you a short term trader or a long term trader? Last but not the least, you should know the things how to possibly avoid losses and avoid scams.

This is electronic money or digital assets that are created by private computer systems without the control of central banks using encryption algorithms. The idea of e-currency came about because of the disappointment in the fiduciary, or fiat money that we are accustomed to using. The very first and most common crypto currency is bitcoin.

Trading is very risky. Before you start doing it, you must read more about trading such as the basic rules or laws about trading. Decide what type of trading do you want, either short term or long term one. Where to buy or sell your bitcoin. So you must look for trusted sites. You must also watch bitcoin price from time to time to monitor when is the right time to trade. Laslty, you must be able to develop your attitude and learn to become patient.  

Cryptocurrency is a high risk high return investment program, you must know and understand its meaning. In a matter of hours even shorter you could be lucky, and you could lose all your money. For that you have to equip yourself with enough knowledge about what is trading, what is cryptocurrency, then you also have to be smart in choosing the right coin for you to invest in it, etc. If you are a beginner, do not rush to invest a large amount.

Well, you can search for technical knowledge of analysts in google search engine, this is an important part of trading so that you do not experience loss later. fundamental, and some techniques for reading the market. so you can know what will happen to a coin that you have, whether it will develop or even destroyed and lost.

For trading on the exchange, you need to know and know a lot about crypto currency. You need to be able to analyze the market and events, be able to read graphics and most importantly - understand the psychology of the masses. I advise you to get training from a practicing trader. Otherwise, you can simply lose all your money.

You need to learn a lot.
1. Technical analysis
2. Fundamental analysis
3. Money management
There are a lot of information on https://www.investopedia.com/

You should know first, if what type of cryptocurrency are you going to trade, is it profitable or not. If you want to have a good profit you should invest in an low price cryptocurrency with a great platforms about their community so that, their coins will be having a good value in the market. In the long run, the coins will be in a high amount and that’s the time that you will gain a profit. You must have a deep reserach and critical analysis before trading otherwise your money will be wasted.

For starting the trading business you need to have some trading capital and apart from it, you need to have some sound knowledge about trading. But trading is not about Hold and Sell only. You need to buy the coins at the Minimal price and then sell at the Maximum value. There are different trading styles and different trading timeframe which you need to look after according to your trading mindset and approach. Make sure that you do enough practise before going for live trading.

If you have a idea to start trade,atfirst you should have some patience.If you had brought a bitcoin means,you should hold as much time you can.Holding is the required one to get some profit from your investments.When the price increase,you can sell to get some profit.

There are two ways to trade. There's short term and long term. Holding and selling is a long term way to trade while in short term, you usually buy then sell within short periods of time. The thing about short trading is you would have to keep track of the prices and know when is the best time to buy and sell. Know about pumps and dumps. Also, keep updated about the different coins so that you can diversify your portfolio.

That's good explanation and I think this is enough list that we should follow for the purpose of crypto trading. Also one thing you should remember quite strongly is that you should not be emotional trader at all. Those who do it emotional way will never get the sweet pie and will always loose the money. Better keep it straight and hit the right coins always by studying them from the market buzz. Mix more to learn from the project announcement threads as it gives hell lot of info about when and how it will spike.

- Only invest what you can afford to lose.
- Try to get your initial investment back and then trade with the left coins as that would be your net profit.
- Always research a coin before investing in it.
- Never panic sell.

You need to know that cryotocurrency trading won't give stable income so if you keep bitcoin trading as your only job then you are in a great danger.
Crypto currency prices are to volatile so invest the amount only you can afford to lose.

No, it's not all about HOLD or SELL, you must study the trends, history and the trading volume of a certain coin that you wanted to trade, withoit the knowledge about that, you will surely loose your money over this field.

Well it also would be extremely helpful if you get yourself aware about what's going on in the crypto world. Coins that are being listed  or delisted from exchanges, fuds, adoption from governments or big companies, those are aspects that largely affects a coin's movement so best to be aware of that as well

Crypto currency trading is far more than hodl or sell and the first rule of crypto trading is not to be greedy. Second, is treat crypto trading like real business in order to be successful trader. Third, is setting some money aside in other to make some quick trade i.e protect capital by saving money to fund a trading business. Invest the money you can afford to lose and study the past historical data of coin before invest.

Yes. Nowadays most of the use the trading for the transaction process. It good opportunity for the  future saving and easy to exchange any country currency. But before you will know the all process. This information help to plan to work.  Trading is not to easy. Time is important for this process. So you know the all coin price information. Trading connect the all country people.

There are so many things you need to know before start trading but I think the most important thing is analyzing the price chart ability. When you can be able to analyze the price chart, you'll know when is the best time to buy or sell and which coin will be the best choice to trade. Beside you also need to learn about collecting news, it's also important when you want to trade cause news affect a lot to cryptocurrency price.

You need to know on how to use cryptocurrency. The mechanism behind it. What are advantages and drawbacks. How to recognize ponzi schemes. How to check if it's a phising site or not. Read about cryptocurrencies first and then start trading. This is not exactly like stocks, there are changes. Beware of idiots trying to scam innocents. Don't be a victim.

You must learn how to do trading, learn the market, learn the basic etc. Not talk about hold and sell. You need invest for long term, and you can get more profit. At least 3-5 years and you will see the profit.

Good to know first how cryptocurrency works so you can know if its fit for your goal and you can take the risk without sacrificing your whole assets. Learn more about the technology before you invest, do your own research and after that make a decision and focus on it. Trading is a risky game, and don't forget that you can loss money for just a minute of unwise decision.

What patience you are saying bro. If want to invest on trading they have to go with analyze the all best altcoins in the market. Then invest your fund on the concern coin in the market.
Short term circulation of the each coin in the market will be analyze perfectly and go with exchanging the each coins you invested.
Holding of alts will not give profit all the time.

U always need to known and remember that crypto is extremly riskly active and u could loose everything in one day like u could earn so much !

At first I think you should spend your time to read some topics in this section to collect experience and knowledge about trading from other traders. Beside you can take part in some courses to learn about trading skills like collecting news, analyze chart, control your emotion when you trade,....A lot of things to learn and prepare to join trading :))

First, know the market.. what is the best crypto? How I earned? The Price?.... Their is so many things you should consider before you enter into a Cryptocurrency Trading... Sometimes even we have already in business of trading, we continuous in searching and reading. in what is the trend and best right now.

Do an extensive research how trading works, make reading a habit in every news and forum where you can get ideas in each coins. Its an advantage if you can find a mentor who can guide you as a beginner.

This might also help you what to avoid when you trade
https://bitcointalk.org/index.php?topic=2850179.msg29236037#msg29236037

There are a lot of certain things you need to know before start crypto trading. First of all. You must accept the wining and loosing part of crypto currency volatility,you must study the price movement and take one step at a time along the path to profitable trading. Take your emotion out of trading sometime and don't let the market plunge tempt you.

Always trade as much as you are ready to lose! Golden rule

The cryptocurrency market is a digital asset based on the blockchain platform. Blockchain is a hierarchical database that stores information in information blocks that are interconnected by encryption and expands over time. This is the trend, the potential development of blockchain as well as the development of the cryptocurrency market. So before you start trading in the cryptocurrency market, you must thoroughly understand all the knowledge about bitcoin, blockchain, the cryptocurrency market to be able to business effectively.

if you are going to trade , you must be ready because there is a possibility that you are going to loss some coin . however , if you are aware on those situation you should know how to get profit after losing those coins.

Would u have to HOLD even when u 're in profit... all rukeasandroads leads to buy low n sell high.. or sell low and buy lower n sell high.

Profit made... move on

You should know that - you can lose all your money.SO try to play your small portion extra money. Without plan & Patience you can't win the the game.

You need to know how to wait and have patience. It will take a lot of patience and courage before you gain your profit. Always buy at low price and sell at with high value. Don't put all of your money in one investment. It is alright to take the rik but be sure to make right decisions. Hold and wait patiently.

First, you need to know about the risk, make money in trading world is not easy and maybe you can bankrupt. Second, learn trading knowledge in all aspect ( not just hold & sell ), such as stop loss, take profit, money money management and psychology. Last one, never do the same mistakes. Do that and have a nice trading.

I agree with being patience.Do not in a hurry always wherein you can make unfavorable decisions and eventually translate to losses. Furthermore learning how to trade takes take, more experience, knowledge and more research. Study also the technical analysis and the fundamental analysis. It can help streamlined your decisions.

and also dont forget about one thing,invest your money with the money that we could accept when it lost.dont use miney that usually to buy daily needs

You have to take as much time as is needed right off the bat perusing more about crypto exchanging, and taking in the fundamentals to maintain a strategic distance from the greatest slip-ups, and to limit the dangers. You need to figure out how to think about the market, the graph, and how to pick the most encouraging coins or tokens to exchange, and when purchasing and offering. Without such information you hazard losing your well deserved cash effectively in light of the fact that exchanging include high dangers.

which you should know before starting trading is about the exchange you will use, the type of coin you will trade, and you should be able to control your emotions to not easily panic in trading. because trading with panic will make you lose.

   
You have to require the maximum amount time as is required right off the bat studying additional regarding crypto exchanging, and taking within the fundamentals to keep up a strategic distance from the best slip-ups, and to limit the risks. you would like to work out a way to have confidence the market, the graph, and the way to choose the foremost encouraging coins or tokens to exchange, and once getting and providing. while not such data you hazard losing your well due money effectively in lightweight of the actual fact that exchanging embrace high dangers.

That the risks are high and it needs time to fully know the vast knowledge of trading industries. However if you have experience trading in the real world you can somehow manage to catch up in no time cause i know some folks do it fast.

The odds are not always yours in a 100% chance you will trade you might profit nothing at all and also be scammed by wise scammers. HODL(Hold On for Dear Life) if ever you're bad at trading you can always HOLD/HODL. Common move for wise trader if they are bad at it or make mistake on investing.

For me, the golden rule of trading crypto currency is the mandatory written fixing of orders and strategies. With an active game performed at any type of distance, the recording of planned, realized orders for each of the directions will help to calculate the average purchase price, the formation of its own sales strategy.

Well those technicalities can be learned through experiences hence, it can take a back seat for newbies. Knowing the basics prettymuch would be enough but conditioning your mind and emotions for what may happen is more important for me to polish.

Just remember bitcoin trading has different pattern with stock trading !

Far more risky
Far more unpredictable
Far more challenging

But it's worth because you can earn more profit than any other investment.
So basically you need guts and luck !

Yes,exactly!You cannot succeed in this kind of activity if you can't handle your joys,fears and sadness.Good to know if its all about victory,but its not because bitcoin is such an unpredictable coin.You'll never know when will it go up or vice versa.But one thing for sure,if you're willing to take all the risks with determination and patience,then maybe you really belong here in crypto world.Success will really come closer to you.

In starting of trading cryptocurrency should be familiarize what kind of companies that have good reputation of exchange of wallet. And make the time and effort that aiming to success the goals and using good strategy.

Keep a straight head and don't get emotional and panic trade is something I have learned, I have not tried my hand at day trading as I haven't had the time to focus properly but might give it a go at some point, I am a holder with high hopes.

Crypto currency trading will not suit for everyone for that you need to be available 24/7 if you want to earn more money so be clear that you have enough time for that trading.Or you can do long term trades like four or 5 trades per week it may give extra earning from your investment.Nut holding can give more profits than trading.

The thing you should know about the crypto currency are.
The value of crypto currency is volatilitie  so the price are changing very drastically. Even if you are planning to buy btc. Then also you should consider the thing that it's like a gambling either you make a money or ended with a loosing it.

Before starting off the trade, the first thing which you need to do is that you need to gather some good amount of money which you can then use for the sake of investing into any of the crypto coin and above all, you also need to learn all the basics and the fundamentals things which are necessary for you to know to become successful in trading. Get the experience first and then invest large amount of money.

Hold or Sell is one of the type of crypto currency trading and it is the safest one but I think it is also something that ask for your patience a lot. It is safe because it is assures you that yo are not loosing your money immediately due to the pump and dump process. This process can really hamper your trades if you are doing the swing trading and/or day trading. These are played on the short time and quickly so if you are not holding then it can really hamper the whole scenario. So many tips that re general when you start with the crypto trades, that includes, having patience is the key, crypto trading is uncertain so lot of risk is involved but you have to be very keen if anything is dumping from your portfolio. Never sell in the loss mode, always hold in such scenario.

That's right. You first need to set your strategies and techniques when trading, you have to religiously follow that so that you won't go astray in your trades and dealings. May I remind you that, in this market, especially in the trade market, it's quite easy to bite the dust and do trades that are seemingly good on the onset but would end up going sour. I am saying this so that it would be a normal thing for you as a trader to study your moves very closely before going for it.

The fact that trading causes the strongest emotional experiences. This activity is not for the faint-hearted.

Cryptocurrency trading is not easy, you need learn/know first about the basic rules of trading and you'll start on buy low then sell high. After that experience/knowledge you can buy and monitor best coins for long term but first of all read about crypto trading so that you'll learn more.

Thank you for the question as it's the most important question which raises every time in my mind when I try to invest in these cryptocurrencies that How can I start with the trading or earning good? Could you please provide some links or PDFs where I can get enough information. As I am completly new in this crypto industry so a person in another forum has suggested me few sites where I can get details and learn new things such as about different coins available in the market, altcoin, crypto tokens, smart contract, mining etc. So, these sites (cryptocoinjudge.com, icotokennews.com,coinschedule.com,icoalert.com,coinbase.com etc.) I literally found very helpful.

So, I would like to request you to please help me this topic. Consider my request.

I think you should learn the basics like patterns and what timeframe to look at at the specific time because you cant just trust it and you should know how to use different kind of timeframes.

You have learn trading, if you start trading before the trading know. You may loss your hard earned money in trading.
With out knowledge, you can't get any profits. And then you have to save the money to inverse in bitcoin.

In addition to all aforesaid; buying low, selling high, making research, checking and be aware of securities and so many others that are quite primarily important for you to know before trading in Cryptos, I want to vividly submit that you must also build the mind of courage to move on in any case, losses occcured, since there's no business profitable without its own risk. This means you must at the same time be ready to buy what you can afford to loose in any coin.

First of all, know the basics of cryptocurrency because it will serve as your foundation for your life a  crypto trader. Study also how crypto trading works, its advantages and disadvantages, and risks that you might face here; this is really important because you should be oriented first in the field you are entering.

Another thing you should do is to analyze the attributes and the behavior of the coin where you choose to invest because it is the one who will dictate your potential earnings.

I think the best advice i can give you is don't let your emotions do all the trading because if you will let them do it it's more likely you will loose a trade and can cause you to quit.

You want tips with trading, then why ask about to hold or sell.
Trading is about buy and sell, you just hold there if ever there is not much movement.
But will you pick one without fluctuation? Of course not.

There is no profit with that. Holding is just for those you invested with and you believed in it. Sometimes it takes a year or more.

you should know the basics about trading . dont recklessly buy coins. there are coins that doesnt have potential and might lead you to loss. you can also ask those people who are aware of the different risk

Well, you may say this is the general word for it but it is better not to always classify trading as gambling.
You can classify this as gambling if you have no knowledge, strategy and you do not know exactly what you are doing but the truth is that with good knowledge and knowing how to play safe without any greed which you will not obviously end up having if you are good, then you will be able to make the best out of trading than you will ever make from real world gambling.

You need to know that before you enter the world of trading you need to spend time to wait for the perfect time to sell its not like after you got your tokens you will sell it already.

first thing to do if you want to enter in trading you must accept the fact that it contains risk which is you might lose your money on it because of the market is very volatile and difficult to manage even though you have enough knowledge and strategy  .so  before you jump on it learn more or practice your skills first ,,indeed there are some trading apps nowadays that allow us to practice our skills which is free maybe it's better .

It is very easy to start, easy to invest, easy to put up money especially when you are rich, but one thing that you must do first before starting trading in cryptocurrency is to know your goal, set up some goal and should stick to it, learn to study first the coin that you are eyeing at don't just pick, be vigilant in picking coins.

learn to trade base on market condition not on your emotion. manage your greed  be patience and don't panic when market is bearish. trade according to your will not according to others analysis you might know they are only hyping and you msy caught on trap and not  able to get out on time and you will loss your investment.

Yes.Especially on the market like now that the price is still in dump,almost all the coins are on sale so you should only buy those coins who have potentials today and in the future.Then hold them patiently and wait until the price reaches its peak again.The very basic on trading is buy low and sell high so you can still gain huge profits after holding them for a long time.

I think the first you must learn about how to analyzing coin price with chart candle. Simply, you can watching it in youtube because I think with youtube you will easy to understanding. To test, you may must deposit $100 to learn in exchange about that tutorials. Try to buy some coin that lower $1 and practice your tutorial there. I have doing that and it work.

You should firstly take some time learning more about trading crypto currencies, getting the knowledge of the trading basics (at least) is a must before start with this world. After this you can easily study the market, the chart, choose the most profitable coins to trade, and learn when to buy and sell. And I advice you to start your first trades with small amount because there is always a risk of losing.

Well, for you to understand trading you must observe the market first, don't start immediately see first if trading will really fit for you, if this will make your passion, some experts are doing great in trading because they love what they are doing and they are making it as their passion.

For doing crypto trading, he must learn about crypto currencies in detail first. He needs to understand the behavior of different digital currencies over time. Then choose the one that can be used to earn most profit and can be handles by him. Bitcoin is the best but it also scares novice traders a lot due to big fluctuations. Compatibility is the most essential thing in my opinion. Patience and trust will be developed with time.

First you need to know you are heading to a terrain that is muddy, foggy and very unpredictable! Out of all these situation you get to find diamonds! Trading is very exciting, rewarding and unpredictable! Prepare as much as you can and be on your toez always.

You need to know how to read the charts, the chart used in trading is the candlesticks chart. And there are some patterns that may help you in trading, but take note it is not that accurate. And also read the whitepaper of the coin you want to invest in. Then the most important thing buy low sell High. That is the most important thing a trader is doing right now.

Bro, I don’t think asking that question in this forum will in any way help you at all, cause all we will only be telling you here is be patient, don’t be greedy, lol, those things ain’t taking you anyway.

When they add that you need to study everything that has to with trading, then you’ve got a long way to go and it’s not in this forum. Here we can only help you tips. So go and study everything you need to now about trading. That’s my own piece of advice.

Before trading, you should learn some technical analysis, follow charts of various currencies how they are behaving. Choose which currency you are going to trade and then follow charts of that currency for the past few days and see how it has been behaving, as you have to buy low and sell high. There are a lot of video tutorials about trading and you can find a plenty of them on youtube, you can also search on google and find a lot of information about trading.

Learning about companies that can be helpful in your trading is good too but what I think must be done in this regard, before entering into trading you must be knowing about trading. Firstly all the basic FAQs about trading should be answered and only then go for such other secondary information. Basic and primary information must be kept with you when you are ready to jump in.

First of all, you should read a lot of news on crypto-currencies, at least 10-15 articles per day, you will start to understand and feel the market after a while, but not earlier than in a month. Then focus on one or two coins and start trading in small amounts

Don't let your emotions get you and learn basic patterns which is proven effective like inverse head and shoulders which is nice because you will gain knowledge and you can use that in trading.

you need to know that trading is not for people who do not willing to learn more about it. If you do not have knowledge about trading, you will lose a lot of your money. Moreover, every year, trading strategy changes and you will know nothing if you believe that you can trade without learning a shit

You've got to learn that trading is not that simple and first time you will be loosing your money, temper and passion to this activity, after like a year of day trading experience you can withdraw first profit and it is not guaranteed. Also in crypto you have some chances to make a fortune.

girls that in the first place should always be experienced on bounty campaigns, at the same time you will earn both starting capital and more accurately Learn in theory. And then I will be able to start practical training on the stock exchange.

The HOLDERS are the people who cannot trade. So first you need to learn the basics of trading.

Before start trading I would suggest to read forum rules.
Sometimes it is just good to refresh memory

How to guide ? :D haha You really need to learn the most you can about the crypto you are going to invest in. Have to have a great security to not get scammed. Really double check the addresses you are going to send crypto :)

Fitting is important factor that you enlighten here. Actually when people see their fellows and friends earning from bitcoins with almost negligible physical effort, they plan to do it as well.

They don’t know who incredible and vital role is there for mental controlling while dealing with all such stuff but definitely they never see until they come into field. So see if this fits you or not practically, only then decide accordingly.

At the beginning, you should daily investigate 10-20 articles and news on the cryptocurrency topic. You can trade with small deposit, only when you understand what is going on. It will take years to learn technical analysis thoroughly, not everybody has enough patience for it.

Gathering good amount of money should even come last. Personally, I always tell those who want to trade that if they are sure they are ready and they have learned as much as they can which should guide them apparently, then they should start with little and practice what they have learned.

With that, they will definitely be able to gain some experience and confidence before going in big and may be by then; they can now decide to start gathering big amount of money to trade.

You need to know number of things before even getting started in the world of trading. Reading and learning the things related to that of trading and that too as much as you can is a must condition that needs to be fulfilled before you even jump into trading. Other than this, you need to start doing trade with the small amount of investment and then later on, you can increase the amount of money.

If you do not want to be faint hearted in trading, then you should learn and gather experience from the knowledge you have gained from the books before you even start at all while trying to trade as small as possible when you are gathering those experience. With that, over time, as you keep making good calls, you will start gaining some confidence even as you go bigger. People only get emotional when they do not have any idea of what they are doing.

There are multiple aspects that every trader must know before touching the live market. For demo trading kind of mock up, it is not reui9red most of the times as that is the place where we are going to learn.

Holding and selling is not a bad idea. You can also engage in trading;forex to increase your profits.

As long as you have strategy, you will always be fine with trading and you obviously cannot have strategy if you do not know how to trade or have a very good knowledge about how to trade safely and make use of the indicators at your disposal which a lot of people from what I have seen on this forum usually do not. Once you are good, then you are going to do very fine with your trade.

Even for holding you must know few things before entering into buying an asset for holding. Holding is an easier way of trading but what you will hold ? Other than holding bitcoin, you must study lots of thing to get start with.

We should know all of this, we should not ending our day without any knowledge that we are gaining everyday, I don't say to explore things out, but we should learn new things, don't just rely on the basic things, let us all widen our knowledge especially when it comes to engaging in trading and investing in ICO.

I concur with knowing the basic rule of buy low and sell high. Also, find a good coin to invest or trade into. Another thing you need to know is how risky trading is, so make sure that the money you are investing or trading is a money you are willing to lose.

Thanks for your valuable tips. but wanna know that where i can buy the coin and sell? thanks for ICO tips. i am learning about ICO. it is kind of trading sometimes it is called investment.

You Should Know well knowledge of relevant coin before start trading Cryptocurrency, About the coin information on Coinmarketcap and the technology from their website and also to the news and updates about this coin,

As you begin with cryptocurrency,  you must bear in mind that it is volatile and might change it's value anytime. You must be ready to handle your emotions for there would be lots of changes that are yet to come anytime. You should also know the basics of trading and just enjoy the opportunities that you might get here.

Invest only the amount which you can afford to loose.
Always create your own wallet for storing your BTC and ALTCOINS.
Never store coins in the exchange wallet.
Less profit is always better then loosing all your money, do not be greedy.
Read and analyse before you put money into any of the coins, go the official forums and if your are from technical background then read white paper of the coins.
Never borrow money for investing.
Don’t panic even if the value goes down to 50–60%, be prepared to face such scenarios

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Start trading with cryptocurrencies you should know that it is too risky. That's why don't think about selling your home and investing all your money into cryptocurrencies. Never invest borrowed funds. Also learn about cryptocurrencies every day and hour!

One thing you should know before you start trading is to be patient. You have to control your emotion. As cryptocurrency market fluctuates high and low in minutes. You mustn't panic, when things don't go in your favor. Many investors have suffered losses, because they can't control their emotions.

If you want to start crypto currency trading at first you need learn about crypto currency Market and you can follow babypips there are too many tips about trading. You need to learn about altcoin without altcoin knowledge you can't start your trading. It’s a very important for you, you must create a account any kind of crypto currency website then you deposit your altcoin and start your trading.

Without knowing basics of trading is like you want hunt but no have hunting tools.learn the trading basic and technical skills and follow the rules will gain handsome amount.Basic rule is buy in low and sell in high.

Before start trading you should learn at least the basics about this field, to avoid the biggest mistakes and minimize the risk. You have to get good knowledge about analyzing the chart, and studying the market, and how to choose the most profitable crypto currencies for trading, and when to sell and buy..

You must go with the basic first.First thing you should know is what is cryptocurrency and how this thing works. You should also know the risks and benefits of it. Cryptocurrency is profitable because it is not taxable, except in the other countries. Then proceed to begin trading, but before that you should know what trading is and how trading is done to prevent much loses. Always remember the buy low and sell high concept, you can always use this during trading. Always seek for information so that you can learn and eventually grow as a trader. Failure is part of development so do not be afraid to lose, just be better the next time you trade.

The first thing you need to know about trading cryptocurrency is that there is no guarantee of any sort that you will make money as a result of trading. In fact you may lose all you have while trading. Know what you are doing and be safe.

First thing you hould know is, that you should not start in cryptocurrencies trading if you dont have any experience about trading or knowledge. This means, when you dont have ever tradet in the stock market, you will loose all your money. So before you start, you need to learn a lot about trading and about cryptocurrencies. This means you have to do a lot of researches, study stuff and more. So when you learned this and you watch the crypto market for at least three months.

Don't panic.  Don't let your emotions control your decisions, it will make you lose everything.  Buy low, sell high.  Don't be greedy.  Most people operate fundamentally the opposite of this and buy when it's high and sell when it's low out of pure panic.  Don't do this. 

Regardless of any trading whether it be in crypto or on the stock market, always be sure to remember one simple rule: "Never invest more than you can afford to loose".

You can still make money by just holding but what you can do if you are going to trade Day trading or active trading is not easy and you must learn from mistakes and have a perfect trading strategy. You also need to learn how to join a trading group that can gives you signals and news about the coins or stocks you are trading in exchange.

I think the most comfortable way to start trading is to learn about bounty campaign and participate, after we have receive our bounty token then its a virtue of no choice but to trade it into bitcoin and there you will understand the value of your coin and the bitcoin, so later spare time to learn about basic trading and use your new acquire bitcoin to venture another trading with strategy base on your knowledge gathered about trading.

the first thing you do is identify the cryptocurrency carefully. Let's take a look at what's going on without losing the money you earn. Research you to train Your. self.

Hey there, I think that is a good question that you are asking right now. Some important things that you need to know before starting to trade in cryptocurrencies is that you should know the bearish and bullish cycles that happened every year. Of course, the market is so unpredictable nowadays. Long term holding is good if you do not worry about the future market crash (like what happened in The Great Bitcoin Crash from mid-January to early April).

Hodling has no relation with this and so trading doesn't literally means hodling.

For me i think you should start in trading by studying first or reading some forum here on how tradings work much better to have an idea first before you start as a trader

Read the articles behind because it's too risky when it comes of trading it has a possibility to loss our coins. I think you can gain knowledge by watching some videos and collect information of others who experience successful trades.

It is not just about hodling or selling, there is so many things to consider when you do trading. You must be ready to all possibilities positive and negative, you will lose easily if you don't know what you are doing, you will not be a good trader in just one night, a week or a month sometimes it takes a lot of years depending on how hard you study and doing some actual trading. Familiarize yourself with the relationship of volume and price, technical analysis is also important things to consider, choosing good exchange platform, and dealing with you intuition or emotion.

Books can also help you, but I do not guarantee it. You have make it by yourself.

The most important thing that a trader needs to do before getting into this profession is developing a good understanding of market and the asset he will be choosing. For example, bitcoin is the best asset for crypto trading but most difficult one too. Only that person who has some foresight and trust can earn profits. Like you said, ins and outs of this profession is also supposed to be learnt.

It is important for you to enter into the cryptocurrency market that is the basic knowledge of crypto, blockchain, technical analysis of candlestick charts, analysis of market trends. Once you have mastered this basic knowledge you should invest in the beginning with a small amount of money, after understanding and having experience with this market, invest more. If you really try and a little luck you can succeed in this market.

The most important thing that you should know, is that you can easily lose all your money if you do not know how to manage it, how to manage the exchange, and of course, your funds.
It is more than necessary to know all this stuff before trading.

Patience is the key in the success of trading and controlling emotions is crucial in terms of success in trading, if you can lean on these 2 things than chances for win are higher.

Basically, trading is all about buying and selling at appropriate time and rates. The main principle of traders goes like this, “buy low, sell high” and that is only possible if a person has some knowledge regarding his coin and the future of this market. As far as fluctuations are concerned, both up and down trend of market are important. Former allows to sell high and later one is essential for buying low.

if you dont have enough coins and brain to rule the market - be prepared to loose. Or just dont be surprised when it happens.

More than the number of coins, it is brain that can save a person from losing money. It is only possible if a person gathers good amount of information regarding his coins and trading. He must pay a close attention to the changing market daily and whenever there is a prominent boost or fall in the price, he should sell and buy coin respectively. In addition to this, courage and persistency with patience matter a lot.

when trading you must know the way first so you do not lose your money many cases when trading but they do not know how to trade and get profit for Hodl and Shell I suggest Hodl coin you because cryptocurenncy very hard to know with our mind

The one thing that you should know when you're already decided to start trading cryptocurrency is learn and know how to control your emotions and have a long patience because in trading you couldn't tell that you could get a good profit everytime you trade your coin or whatsoever that's why all of the traders are treating patience as a virtue.

I think you should know to start trading and you can make for the capital expertise you have to get a very big advantage is you have to know what makes the price move up and down so that there can know a good position to buy and sell , the expertise will provide a lot of benefits.

You should know that you will lose money...guaranteed. The more money you lose, the better trader you will become. Trading experience and knowledge is very expensive, but it can make you a very rich man if you stick to it.

You should learn from experience, capture market trends in the past, see the coins you want to buy how they change over time. Make predictions in the future that the coin has potential. These are the essentials when you decide to invest in any penny.

My advice, before you start trading cryptocurrency, you should:
Learn what helps you when making decisions in running cryptocurrency trading.
Knowing the ins and outs of cryptocurrency, how it works because cryptocurrency is a virtual currency with a very fluctuating value, a trader must know when he is to deposit their money and when they should sell it.
Find out the background of companies that offer cryptocurrency.

You should know all those rules and principals that are necessary to use and apply in the market in order to survive and earn from here so that you are in benefit and get for what you are here. Now start research on the coin you want to invest in and if I prefer you Bitcoin as the most popular due to its response as you should learn about that. Your trading will be successful.

I think it depends on what token ot coin do you have, and on what it will be its future after a time. Because as my observation some tokens are pumped a day after they launched it and dumped after a few days until the value become low. But the other token is vice versa. So maybe you should analyse the capability of that particular token and read more about it before starting to hodl or sell.

which you must know before trading is you have to know what bitcoin is moving up and down the price so you can know and you can get a lot of profits when you already have those skills.

if you are a newcomer, there are hundred things you need to learn before trading. I can help you point out some important keys. The first is the knowledge about crypto and its technology. The second is the trading skills and the last is learning to control the emotion

It is very popular where those business man are into trading and selling coins because of its real potential to grow money faster than you thought , If you had some interest in trading and other this forum s perfect and you should learn the basic to the latest one new, article and etc it might help you to that. Second The bigger you risk the bigger you earn good money back. I start with small amount because im still earing some knowledge until i learn everything i could hep to be in this place always think positive.

Before starting to involve in cryptocurrencies, have a research of the concepts what is crypto means about, for what purposes why they established this. We should know the fact that it is too risky because the prices is so volatile but in crypto it has a chances to earn tremendous profit by having good strategies and the way to gain knowledge is to collect more suggestions for individuals.

You need to have some key qualities of personality too, patience, keep calm, reject greed, be wise and do not panic sell.

You should do an analysis of the coins you want to trade because it is very necessary to avoid large losses if there is a dump

There's a lot to learn about  cryptocurrency before starting to invest or trade. It's better to learn about how cryptocurrency and block chain technology works, how to stay safe in cryptocurrency, what affects the crypto market, and a lot more. As time goes by, you will learn from your experience, or by reading.

Capital management is just one part to know before starting to trade but it is not the only thing that is needed to be known. One thing I have seen is that so many traders who are newbies normally do not always have strategies before even entering a position and this is because they never learned before making the step.

Making profit from trading is easy most of the time, and losing money is easy as well, so it is left for the trader to choose which path he is ready to take. Learn a lot and win in most of your trade or just gamble your positions without learning and lose all of your money.

All you have to do is learn how it works and its rules. To find out how to step and how to trade, you can try to practice through trading simulator. Look for the app.

Yes.Basically you will really learn from your own experience.Because in all means,experience is still the best teacher.For me,the first thing we should know about cryptocurrency trading is that how it works and how risky it is if we  are not sure of our own acts.We might lose or gain profit in the end,depending on how we respond to the price market that is so volatile.

Like most people here always say, you may never know if you do not try. Normally, it would be stupid of anyone to just hop into trading without at least making sure they are very vast and have a great level of knowledge to be able to trade safely. So many people usually do not do this and this is the main reason why they always end up screwing things up since all they do is gamble their position in the market without any plan or strategy whatsoever.

Trading brings a lot of profit for traders and can also bring a lot of losses for those who are foolish enough to think they can do anything without learning.

Basically, the only tool that any wannabe trader needs to be able to go through with what they want. It can be very frustrating for those who do not have the knowledge, and that is where a lot of people always miss it most times.

As long as you want to trade, the best thing is to never make a mistake of trying it out without taking learning seriously and not just rushing into learning but making sure one knows everything that is needed to know, otherwise, it would be a huge pain for anyone who really wants to go ahead in such situations without that.

To hold and sell, is a safe way of trading with minimal risk involved. To be an active and a successful trader, requires a whole lot. It involves you knowing how to analyze the market; knowing when to enter and exit a trade; knowing what risk management is all about and how to apply it in a trade, amongst other things. But for a start, you need to first have an idea of what cryptocurrency is and factors that affects the market.

You should know the market strategies and work according to that strategies so that your start will become safe and efficient. Many people failed with their entries and that is the poor business strategy made them face with losses.

You have to take the way to the Blockchain technology and to start trading with the help of this technology. Do not believe in other exchanges and give the first priority to the Blockchain technology.

By brain, I assume knowledge which is very important for any trader to be able to make good decisions when they are trading any coin.

Trading is not an easy thing to embark on, because there is always going to be some tough decisions to make most of the time, and considering the fact that the market can be highly volatile, it is also necessary to always take that into note. Therefore, the complexity of the market requires some great level of knowledge to be able to pull through any trade without any form of emotion.

It is not enough , no matter how much you know or how much you will know , More knowledge brings you more money , More books you read , more youtube videos , affect on your decisions and decrease the risk of your trading , so I say Keep learning , there is no graduation!

first think to do is knowing you capital, how much do you want to loss? crypto currency is volatile in nature so failure and success is always in your hands. if you get a big capital i suggest you to do short term trading, you will have a big chance to ride the wheels of volatility and earn a big profit... if  you have small capital just buy a coin and hold it for a.long time... small capital is not advisable to do day to day trading or short term you will just loss in transaction fee in the platform... high payment of transaction in the platform will just consume your capital.

Everybody is a genius on a bullish market – don’t trust the hype and fake experts on youtube. Avoid “clickbaity” junk videos as “My top 5 cryptos this week you cant miss or die!”

Know deeply about market and coins,Go through the charts of coins in deeply it will create your high mental approach to take right decisions. Learn to control the emotions because emotions have massive impact on trading. Dont be panic in taking decision of buying and selling.

The crypto market is a new and very young market, so to be successful you need to know the basics of economics. You also have to know technical analysis in conjunction with market information to come up with the investment plan for yourself. This is a new market, profits and risks are very high, you are very careful when trading.

I think that in order for you to enter into the crypto market and start trading you need to have extensive knowledge and understanding of the business and financial markets. This is a new market, bring huge profits and with it comes the risk will be very high, so to be able to trade successfully I think you need to have a commercial plan and always Foresee all possible risks.

You need to know the basic about trading yes it's about hold and sell but it's depend to the coin you hold don't sell if you know the market is down wait the moment that coin is on high price so you can get a profit. There's a lot of thing you should know about trading so make research first before you trade. And also you need patience and don't ever panic if you see that the price drop.

You should know that you can easily lose a lot of money if you do not know what you are doing in there. That is why i suggest everyone to have some knowledge before jumping to the pool, trading is very risky (specially on a bear market)

One most important thing which nobody will tell you is : If you loose money in a bad trade, just learn from it...

" Bad trades help you learn... Good trades help you make money... Both are important for long term success and profits "

Before you should start to trading Cryptocurrency you need to know what is the basic of trading reading charts and candlesticks. If you don't have a knowledge in trading your money will lose in a minute if you want to recover your loss hold your coin and wait a months or years to gain more profit.

before you start trading you should have knowedege about crypto market,you can trading with small money to know the market,you need to see the chart of cypto,need more exp on the market,you also need your friend guide for you because they will show you everything

The most famous proverb “Knowledge is the only key to success” fits in the world of the crypto currencies very much perfectly and that there is no way that we can deny that thing. If you will not be having enough of the knowledge and awareness regarding the things, then it will not be possible for you to make the right decision and that you will then end up losing your money which you will never want.

Before start trading I think you should ask the advise of your friend or relatives that knows how to trade and of course aside from that make your own research because it is hard for us if we lose our money in just split seconds, we have to know that there is always risk in trading, so be careful always.

For me, before you starting in trading in cryptocurrency industry you should know if it is worth it at all to know if you are going to be profitable in this business because hard work,
efforts are one of the strength that you will put in trading business to be successful one.

I think before you starting to trading in cryptocurrency you must know your main objective or goal why are you in trading in cryptocurrency to accomplish what your want to accomplish.

You need to know what's the basic of trading like reading charts, and candlesticks, and etc. The most basic in trading is buy low sell high if you don't have knowledge you'll do the basic the buy low sell high. While you'll doing the basic you need to research and read about trading and invest what you can afford to lose.

you should know before you trade better you know first how the coin moves happen and you can determine the right time to buy coin and the right time to sell coin after you master it all I am sure you can always get a lot of profit.

Besides getting the information about these things, you should remember one thing. Trading is not only profits. You must be ready to lose sometimes but do not give up.

You must know how to use or to master the three types of market analysis,

Fundamental Analysis
This type of analysis is mainly used by economists and traders, or investors, who hold positions for a longer period of time (months or years even).

Sentiment Analysis
This type of analysis is probably the most subjective and most difficult one to master as there are no set rules like Fundamental Analysis (you can analyse economic data like GDP and Unemployment) or Technical Analysis (the use of chart patterns, indicators, etc).

Technical Analysis
This type of analysis is by far the most popular amongst beginner traders and advanced traders alike because it's a framework that study's the movement of price (which is the exchange rate).

Definition got from netotrade.com

First and foremost you should be inform that trading or investing in Crypto currencies are very risky especially Bitcoin investment because of the price is really unpredictable that will always fluctuating so therefore as a new comer, you should invest what you can afford to lose and always do research before investing to avoid or minimize future losses.

You need to mastering the basic of trading cryptos and always remember our golden rules: Buy Low and Sell High. Find trading strategies that suit your style. It is not about how much you can make profit but how often you can make it than taking losses. However, if you plan to invest only, I strongly suggest to pick Bitcoin and Ethereum for a long term. But for trading, better picking coin other than those.

to do the trading you should know is you have to know about the workings of trading and how you can get profit, you have to know when the right time to buy and sell so you can get profit

Yes trading is definitely very risky that everyone who tales it didn't have any assurance if they would get a profit or if they would get lose.  You must prepare yourself to get lose to get failed and to set your emotions to be brave to overcome loses and to accept failures because that was your preference as a trader.

This is really good explanation, that trading has risk but risk is smaller than profit as f you will learn all features of trading then you will earn a lot of profit from trading. risk is our part of life so we should e ready to face it, as it brings profit for us, if you will overcome your fear of lose them nothing can defeat you, trade for long term and hold with patience don’t panic or trade at red.

before knowing the trading currency we need to understand how the market move and past market dips and market reaction in various aspects

After you have determined your goal and completed training, it's time to try your hand at the demo account. Working with demo accounts is no different from real trading, except for one thing: you trade not real, but virtual means. Even if you lose some of these funds, your real money will remain safe. Thanks to this you will be able to try the methods and methods of trading that you learned in the courses, without the risk of losing real money. Many companies are free to work on demo accounts.

If you truly desire to trade for the long-term you need to be able to have a strategy or a a system that will protect you and keep you around for the long-term. That means proper money management, good risk-reward ratio, and so much more.

before trading what you should know is the price of the coin in the market at that time whether it has a price that is down and has a good coin movement to rise again, so you have to know when the right time to buy and sell and can analyze the market well

Yup, that's right, you have to know three basic, buy low and sell high. if you can do that, you can learn how to read chart to know what trend is it. You can also learn how to read indicator to maximize your prediction

cryptocurrency trading is available 24/7 the year around .No other market is open that much.in addition,cryptocurrecy markets are volatile and liquid.
therefore,cryptocurrency trading fits perfect for all trader,it doesn't matter where ypu are-they market is open  all the time.

You should know that cryptocurrencies are volatile and you must be ready to take all the risks and be willing to wait patiently. I believe that trading is challenging and it is an advantage if we have enough knowledge about it first. Be willing to learn things about it.

There is nothing like here in this world that can allow you to earn money from it and that doesn’t cost you a loss at least one time. Everything in this world have a sense of loss and win. Sometimes you are happy to gain a win and sometimes the situation is totally against the matter. It is all about the matter of learning either from win or from you loss. Both help you.

Trading is the most complex thing to do and that there are so many things which you need to learn if you want to become a better trader and wants to make some money by doing so. You need to get into trading only when you think you have this much of the information and skillset that you will be able to make some good decisions which will then help you in having some positive results.

all you need to know when you start trading in cryptocurrency is you have to have the skills that can determine the right time to buy and the right time to sell the coin and you should also be able to control your patience and do not be easily influenced by the talk of others.

A beginner might prefer to trade cryptocurrency stocks on the stock market,GBTC is a trust that owns bitcoin and sell shares of it,trading this avoids you having to trade cryptocurrecy directly.

The first thing you should know right here and now, that this sphere is highly dangerous and risky to enter and work in.

I would say the important thing as for me to say that you should not forget to work and save in fiat too, because here is not stable

The most essential thing I believe is knowing first of all that there are times some coins are artificially pumped so they can take advantage of new/inexperienced traders. Do your own research

I think that the basics is buy low and sell when the price is high! It is not a secret even for non-traders who know market at least a bit. I am sure that this is the best way to trade and i also stick to this strategy

There is no trader without skills. If you are newbie even, you have to make sure that all the basic knowledge regarding your coin must be known to you. If this isn’t the case right now, believe me you are making big mistake to invest your money in here. This is great pool of traders and chances are limited so you need to be efficient for making good impact of your investment.

The key of success in trading is fully patient to wait for best price to entry, from my experience in trading i hasbeen lose in some trade because inpatient and too greedy. And for beginner will be better to trade in coins that has strong fundamental, so when we are wrong prediction the price still has posibillity to going up more. Learn also about charting and price pattern to know the trend of the coins, that will be start bullish, bearish or reversal. Important also to learn management of risk and money.

Yes the first thing you need to do and know about Cryptocurrency trading is how risky and it is possible for you to lose all your investment in it. Trade is a professional game and a skilled person and is not recommended for anyone to get into it without the right skills and knowledge of how it works. You must be prepared for the worst and best because it is completely unpredictable in Cryptocurrecy trading.

Before anything else you should first condition yourself that losing is inevitable when it comes to trading. Patience is a virtue in trading so you should also have a patience in yourself because not all the time trading is profitable. And lastly equipped yourself with basic knowledge about crypto and about trading.

One thing is to develop the interest to trade another thing is how to start it,  as a beginner they are things you must do before you can trade successfully, firstly you have to choose a wallet (cryptocurrency wallet)  secondly you have to choose an exchange you want trade on. Most importantly you have no that cryptocurrency is volatile, that is you can make a trade in this minute and lose it in the next minute. Now when trading you go for less risky cryptocurrencies.

Simple, you only need to wait. Waiting is the key in this crypto world. If you sold it in high price you must wait atleast days or weeks to buy in low price. Don't be emotional and doubt at it you need to stick on what you expect before you sold your tokens.

That's the common skills that you must have inside crypto, the more you know how to wait the better you will gain , patients is the key and whatever it takes better to make sure that you are willing to wait and you have lots of time to understand how the market will work, you should have more venue to
read news and to find out what would be the next updates in which the movement will bring gains to your assets, with the use of the internet it will be
much easier to play with the market and understand the trading business.

Before you start trading crypto you have to expect that crypto market is very crazy and this will drive you nuts so you have to learn the basic skills for you not to lose all your funds. You will not master the art of trading right away its always a trial and error in every trade you will make so you have to ready your emotion because you will have a roller coaster ride before you will be successful here.

All you need to do in getting started trading is to keep learning all the knowledge and knowledge that will help you in doing analysis to choose coin that you will buy. well with the passage of time then it will make you add experience. Knowledge, skill and experience is the initial capital to become a trader.

For now you will not be able to determine when to sell, buy and hold the coin you have. because it all must be in accordance with the circumstances and the existing situation. Well in these conditions you must determine what you will do. the most important is yourself you should be able to benefit from the margin of the sale and purchase coin you do.

you need to know knowledge about trading and there is no just about hold and sell. many things you should to know before you start to trade like the coin which you will buy it, you can't buy the random coin at least buy the coin which has the future.

learn to control your emotion to be while you are make to start in trading everything that you must take for here are may only just based on your emotion technique.

It is not all about hold or sell. It is much more than that. You have to be a market expert and should know the most liquid and profitable assets to invest in. You should have the technology understanding as well. This will help you opt a good technology for other services besides profit.

Some knowledge of economics, finance and monetary economics would not be that bad either and will give you good edge over other counterparts.

Well, first thing’s first, you need to have a capital. Second, you need to look for a potential coin. How would you know if the coins has a potential in the future? Search for it, you can research about it here as well. Then if you’re sure enough with all of the info you know, buy it. Then that’s the time you will check if you’re going to hold it or sell it.

You should have a plan fot trading, knowing your goals, be familiuar with token you want to trade and of course be aware of your character to avoid mistakes

Hi, unfortunately it is not as simple as hodl or sell, i learned the hard way when I first started out and although i got 'rekt' (as they say!) i learned some valuable lessons! Dont make the same mistakes as I- though weirdly, they are a harsh learning curve!  :'(

1. I dived in blindly thinking that everything was going to keep on rising forever- of course its not and i realised that soon enough!
2. I didnt do any research of what projects i was getting into- best way to find out is to DYOR (do your own research) thoroughly
3. NEVER buy at an all time high (ATH) or you will be hit with a harsh reality.
4. Don't FOMO (fear of missing out) into a coin just because its moved 5-10% or see above for what happens  ::)
5. I dont profess to be a Technical Analysis expert, but basic knowledge of this will give you an inkling of whether the coin is going to move up or down, for example if it has risen lots over the past few days/weeks- expect a retrace. Conversely, if a coin is sitting in an accumulation zone then load up!

These are just a few of my basic tips, there is so much to learn and eventually you will get the hang of it. Until you find and perfect some basic trading fundamentals you are gambling blindly. Please take care and i wish you well.  ;)

It's great that everyone is telling you that you should learn when to buy and sell, but no one is telling you to read at least a little bit about fundamentals in order to understand what you're investing in. Check out some of the things on this list, they might be helpful for you to actually learn something useful long-term:

https://lopp.net/bitcoin.html
https://medium.com/market-protocol/blockchain-crash-course-protocols-dapps-apis-and-dexs-4c324964f9c2
http://velascommerce.com/resources

1 important thing - Just as with anything else in life, trading cryptocurrencies is context dependent. That means you should remain a
healthy sceptic about general truths, universal rules and things that "everyone knows". Consider the famous "buy low
sell high" dictum. The definition of high and low is subjective in most cases since it depends on your timescale, goals
and trading strategy. If you’re a hodler, as are many of the fellow redditors here, your high and low will differ
dramatically compared to the day trader's.

Like all decisions in life, do your own research before putting a penny into cryptocurrencies. There are many good sources out there to help you get started!

Personally, the important thing to me is pay attention to the trading fee and the trend of the market price, or else will get suffer only.

Before trading cryptocurrency you need to understand all terminologies regarding blockchain,and join various crypto forums.

As was said earlier 'buy low and sell high'. It's an obvious thing that should be felt subconsciously. But sure it's not enough.
Before trading, you'd better do your own research almost about everything. You could also go to other forums, ask people's opinions or look at appropriate topics you're interested in. Read articles on the Internet, watch videos on YouTube. I'm pretty sure there is a lot of helpful information, try different simulators.
After that, you can try to start trading on exchanges, use popular ones. I once started with cex (https://cex.io/) and it was quite helpful. Still mind fees as they differ much among exchanges.

you need to know knowledge about trading and there is no just about hold and sell. you should know before you trade better you know first how the coin moves happen and you can determine the right time to buy coin and the right time to sell coin after you master it all I am sure you can always get a lot of profit

That you are probably not going to become a millionaire as shown by many. You will meet a lot of fraudsters. You will constantly undergo FOMO and feel FUD. You will find it difficult to get genuine unbiased opinion.

You also need to build your portfolio based on your sound understanding of the cryptos you want to buy. You should figure out a way to store your coins in a wallet where you hold the private keys .



You will also need to compare the prices of various cryptocurrency across multiple exchanges. You can use CoinSwitch which is one of the best crypto trading platform (https://www.coinswitch.co/) to compare and exchange over 300+ coins at best rates.

The 1st step to do before starting trading in cryptocurrencies is visiting coinmarketcap website .
You'll find there all the coins that exist and you'll be able to form a global vision of the cryptocurrencies market just from that website .
You'll be able to know the fluctuations that each coin have encountered in the past and you'll be able to predict what fluctuations will be coming (after making a bit of experience of course Wink ) .
Second of all you should go through a lot of important threads on the forum to gather the knowledge you need and believe me there is knowledge to grab in every corner of this forum .
Last but not least , there are a lot of youtubers that will be of a great help in order for you to understand basics of trading

Nowadays crypto trading is very popular but trading is not an easy platform. First research and know about the trading platform on google or youtube and there have many sites or video about. There have many important coin and project so all altcoin is not for a long time holding so visit https://coinmarketcap.com/ and get more information every coin

You should keep following any news or rumors for crypto which you want to trade and know that day trading sometimes will make you loose money.