Bitcoin Forum

Hello everyone!
I am relatively new to the crypto, but I am willing to explore and learn!
I would like to ask for some general advices on how to learn the trading process of crypto and how to get started! Would appreciate all the replies!

now to do the trade process it's good not to do it first because we know that crypto is in a lonely state and many trades have failed and even some projects are buying time.

Altcoins are going to $0 next year in huge numbers...

Unless you're into projects that have been alive for 2-5 years in the space...the very strong will survive obviously.

Anyone launching another shitcoin will get rekt in 2019 because the money is leaving until the scammers pack up.

Here's how we're assessing value for a few years:
https://bitcointalk.org/index.php?topic=5084692.0

If you really want to explore and learn on this forum why did you post instead of reading relative threads to your concern ? No offense meant but i guess you did wrong there are lots of thread talking about this about hundreds of thread i guess. There is nothing wrong being thirst on knowledge but let be responsible and hardworking for gathering this.

My tip - you can buy bitcoins for normal price on popular exchange (coinbase for example) and sell them premium on localbitcoins :) (https://www.youtube.com/watch?v=6S1Rz1RCl0c)

For your information trading is not easy this is taking a risk that their is no assurance that you earn or you lose but if you have patient of course you can earn but not easy to earn right now because of the value dimpinge so it means if you want to invest now its better because soon it will rise and you will earn but choose on what coin you buy but my suggestion was if you trade don't panic when the value fall just think positive always.

If you really want to learn trading then all you have to do is find out about basics about trading and learn even the support and resistance zone and that'll be fine.

dont ever go for tips and tricks because you not learn anything

first watch markets and coins for few days learn about crypto , in crypto manipulation and volatility is too much so try to limited in top crypto coins 

Thanks guyz for teach me and for good moral support...

It would be helpful if you start learning how blockchain works like pricessing time and fees, what are those factors affecting the blockchain processing time and also, try to search which trading platform works best for you for beginners. For start ups, i would advice you to try kucoin because it is very effective for beginners. Well, you may also start with binance since it was also a friendly user trading platform, secured and trusted.

Though at this stage in the world os cryptocurrency trade is no longer presume to be a source of huge profit but for few individuals who are still patiently doing trade are getting little profit from it. So, i kindly suggest the following point:
..Your must research into that very coin that you desire to trade or invest.
..Get in with a little start-up (i.e) invest what you can afford to loose.
..Never believe on any trade signals but believe in your instinct.
Happy trade mate....

I learned trading the hard way which is why I lost money more than I profit. My suggestion is that don't do be a day trader, waiting for a swing is a lot better at least you can be sure you are going to profit while you can invest only few USD. And also dump when its price hit the peak and learn to wait.

A lot of thread topic related from your question how to learn in trading
By the way i give ypu effective tip how to learn trading
Dedication and perseverance including hard work you can got a lot of knowledge all about in trading
Use gioogle YouTube etc. especially herein forum

Have some money there? Risks it.

With lots of replies here, it's enough for you to have an overview on what will you encounter later on.

Reading is good but after learning the basics, you should put yourself in the actual situation to feel the real deal.

Goodluck building your trading experienced.

to start trading I suggest you choose a good exchange, good for me that is an exchange that has a high trading volume and also has a lot of altcoin choices. After that, start trading, but as a beginner, try not to panic easily if the price of your coins begins to decline.

Thanks @harizen...
no my money isn't at Risks. but i am going to invest, that's why i going to analyze and ask that question.

This year was not all that good for investors in cryptocurrencies market but traders especially the day traders and speculators has made some money especially those who know how the market works. Remember that cryptocurrencies market is an opportunity and for you to take that opportunity you should look for material and study them very well.

- Educate yourself first about what is Blockchain? what is Bitcoin? and what is altcoin?
- First you must know what altcoins you are going to trade in?
- Then, you must be familiarize with the different exchange platform in the market?
- You must know how to find out the legit coins in every exchange site?

Then if you know all the answer about all the question in the above which I had stated, that's the time you can start
trading as long as you really understand what it is.

My advice for you is don't lose your hope in any bad situation and don't be so greedy in trading and don't believe on any persons blindly.

When you are in trading you must have skills and it is enough before engaging into it. First, you should know how the market price flow and those altcoins you picked are profitable and probably high fluctuated coins so that you can earn with a day. Controlling emotion is one of the best assets in trading not easily getting panic.

Well, OP just continues reading here in the trading section there's a high chance you will pick a good advice from the good traders though.

You can start with a little amount of money. Why? Because you need to know how crypto works. You need experience before you trade with a bigger amount later, just in case you lose, you only lose a few. Actually having experiences is what important besides reading from a lot of sources. Losing is also an experience, so just enjoy bitcoin. Don't think too much, be patient is what matters.

Firstly, you should choose two large trading floors to trust and hold long on the trading floor. I encourage you to send money to Binance because it has a low transaction fee.
Besides that, you need to down an app named tab trader to be able to observe the price more easily.
Step 3, you should plan your investment and follow the steps you have set. do not break the plan.

tips are very bad newbies will be easily scammed dont try tips and all you will lose all money and there will be no second chance also instead of going behind of tips and wasting of money because of greed try to learn by yourself

Experience is the best key for you to understand how trading works. I am expecting that you will do a mistake but it doesn't matter because you will get knowledge and learning from your past mistakes.

I would suggest you first do some research and learn at least some basic strategies.
After you learned some basic strategies I would suggest to trade on paper for a couple weeks.
If you notice after a couple weeks that the paper trading is going well than you can consider to add a small amount like 100$ to your trading account.

In my opinion, it is not the right time to enter the market, but one thing you can do is to buy some high potential altcoins such as Ethereum, Neo, Ripple, Cardano, Iota and hold them for long-term. At the same time, watch the market closely how the price fluctuates. With the passage of time, you would learn a lot of things.

When it comes to trading reading gets me bored for a lot of times.
I would rather go to youtube to see some clips on how it happens. I mean, it is easier if it is an actual view right? Just words wont help much.

This kind of threads will give you just experiences on how they won and lose the trade and somehow you could avoid it or if it is good then embrace it.

I am sure it is more of the losing side now and we are waiting for an upper fluctuation to balance it.

If you are new to the crypto, it is better to gain more knowledge first, you shouldn’t rush too fast in the market. One important thing is, never invest money you can't afford to lose. If you don’t have any experience with trading, you can try to do bounties or something else, take the time for learning first, when you are ready and more confident, then start to trade with small amounts of money.

The first important thing that you should be doing is to gain enough information and knowledge about cryprtocurrency first. You should learn about that basics and fundamentals of trading for you to get rid of the risk of losing. You should also prepare yourself emotionally because there are lots of daily changes in crypto.

Read a lot first. Initial concept about trading is that it can bring you money with little effort since you're just in front of your computer but a lot of people already lost and went broke. Read about experiences of other traders aside from learning fundamentals and don't be afraid to lose.

Thats true. Build your confidence in trading. Start small and understands the loopholes and the whole system.Read more information about trading, build a strategy, learn some analysis tools use in trading. Its better if you do your own research.

First of all watch a video on youtube about any exchange, like bitrex, binance, etherdelta or hitbtc. There some exchanges which are providing a demo account for trading. There was an exchange from coinmetro by the name of open.coinmetro but from last two days, they are down for maintenance. that is wonderful platform for learning. They provided simple, intermediate and trading account by giving you funds in account as well so that you can learn in realtime trading. Now a days many exchanges are providing option to fund  your account from your credit card. Top up any amount and start trading.

Hello, future colleague. First, find the most popular and interesting coins. This forum and the coinmarketcap website will help you to do this. Next, study the fundamental analysis of these coins and decide what you want to buy. In the process of studying the information you will understand more about this market. In the future I advise you to study technical analysis. This will help you to increase your Deposit regardless of the market situation. If you give it enough time, then in the future you will become a real specialist.

Start with the extra amount you have so that you are new and even if you lose it you should be fine with and should not effect you normal life. Try to understand the world market as if one country gives a good positive news it will make the market to rise and vice versa. Also if trading in altcoins do the research thoroughly as many could be just part of pump and dump group.

Finding confident while trading is possible only through experience. But everyone must start with small capital so that they can slowly understand the different scenarios of trading conditions. Learning lessons and recalling those lessons at the required time is more important skill for success in trading. But this kind of skill could not be attained by learning but only through experience. Slow and dedicated process of learning will make anyone into professional trader.

Identifying reliable news resources and making use of those news at right times are other area every trader must need to focus on. Developing own strategy and applying that at the right time based on market conditions is more important for being successful trader.

what needs to be considered in the crypto market in general is that when the bitcoin price drops considerably then the altcoin will experience a more severe decline, on the contrary when the bitcoin price rises too high then the altcoin also decreases. altcoin will increase if bitcoin shows a sideway movement

I agree.You must make a deep study in trading before deciding to enter into trading.Trading is really a risky investment so start it even with a small amount.And more experiences in trading is really good because that will help you to enhance your trading skills and will come up with your own strategies and techniques.So keep on experiencing as this will give you more lessons to learn.

If I will give you a tip. I will say to you that quitting is the best choice in cryptocurrency. But once you have quit and left in cryptocurrency, assume that you will never see a brighter future also. Trading takes risk and the vital role we need to play here is to control ourselves and enjoy every moment. I want also to stop but I always think that losers are the one who stop and I am not a loser.

Exactly.If you're thinking of quitting,then you will still end up as a loser no matter what you say.I suggest to keep on learning trading through gaining more experiences as this will be your best teacher to be a skilled trader with your new specialized strategies.I think trading would not be so risky if you only enjoy every moment of it.Stay calm all the time and don't be too greedy.Learn to wait for the right timing to trade especially when the market price is not in a good condition.

Basic of trading is technical analysis so you have to learn it first,  and for beginner trader is better to trade only 20 top crypto because all of that has stronger fundamental.  Many newbie trader did not use stop loss in crypto trading and finally get losses souch money,  so never forget to use stop loss to cut the loss.

Right now, not the best time to start trading, the market is very unstable, you have to wait for the market to go to the top, and at that moment try to master this direction, there is nothing to do on the exchanges now.

To be a trader, first you need to learn how to start trade with low capitalist. Because, if you start with big volume its possibility to loss your money. So small capital is good for first stage. Then follow some expert trader. After few months you can analysis about a token.

Name: energyces
Posts: 48
Activity: 48
Merit: 1
Position: Jr. Member
Date Registered: September 06, 2018, 12:27:36 PM
Last Active: December 19, 2018, 03:53:43 AM

has more than 30 days that OP does not enter the forum, so I assume that OP is taking its vacations


1 BTC = $3500

I think it's a good time to buy more coins.

Start from learning trades can help advices here and watching youtube also but specially this trading sections can help you out by learn all trading how it works.

The real emphasis is placed on the fact that for beginners it is best to buy bitcoins and forget the password from the wallet on the shelf)
$ 3500 for bitcoin is quite an appetizing price.

Always while staring use limited capital to trade . Also do not invest if you cannot afford to lose . Be ready to take some risk as this is very risky and trading crypto are very volatile . Try avoiding worthless coins and they might never rise in future. Trade with top coins to start .

Better choose already trusted exchanges. For example from Binance, Bittrex, Bitfinex, Huobi Russia. They have a big history and and here you will be sure that will not lost funds. Also EVERYWHERE set Up 2FA! It's for you will be much better!

The beginners definitely need the guidance in the beginning Stage So we need to research more for our field to get more stronger when we are starting the reading it will be the right Idea also to start the trading with more experience and the guidance so you can definitely do threading when you have lot of interest on that.

Just easy, don't invest more money than you can afford to lose and buy low and sell high which are the basic level of understanding for every newbie trader need to have.And choose what kind of trading you are going to do depends on your needs,like day trading or long term trading then learn about technical analysis.

Definitely people need tips from the previous people that you had lots of experience and profit in their life they will definitely give the advice to the people like who are most interesting to trading field it will be the energy drink for them to move on with good effect.

Watch as many Youtube crypto trading videos as you can.

before you start you should first see whats going on in crypto and track some coins and learn movement dont ever go for tips 

if you're confused for the first time, it's better to try joining a local telegram group that discusses trading, not the chatroom of the exchange / market you use for trading, usually in that group discussing things and lay terms for beginner traders. then you can look for it on youtube or google for a better explanation.

take your time to study the market effectively I will suggest you trade only the well known coins like the ones at the top 10 level at coinmarketcap that will help reduce your stress and guide you through your trading with ease

That much better, a lot of trading site for  existed and can't deny some of them have troubles regarding withdrawal. The main concern of the traders is to have securities of their money but it looks like some exchanges don't have it.
If you are a first time trader, you should dedicate yourself in searching and tried trading simulator, it will surely guide basic things. Anyways, a lot of things to learn when you do it in actual and as price changes occurs, then you can apply your own strategies and instinct.

Welcome to the trading world. Few thing would be helpful for new traders. Almost traders was on loss beginning due no experience. Patience and experience both is most important on crypto trading. I have few suggestions from my side, may it would be help you to prevent your loss.
1. Need patience, without patience you will loss your fund.
2. Experience, since you are newbie you should get help for experience person as much as possible.
3. Avoid panic, panic buy and panic sell is more harmful on crypro trading. Don't be panic when drop your coin. Believe it your coin will recover but its depend on market conditions.
4. Avoid greedy, don't be to much greedy. You can't expect you will sell always on high rate. Just make your target like 10% or 20% and sold it once you have profit.
5. Don't love any coin too much. Just sell if you are on good profit. If you love and try to hold long time then its might be loss your fund.
6. Target only few coin to trade. Don't spread your fund all over coin. Just target 5-10 coin for trading which is good reputation.
7. Coin history, before choosing any coin for trade you have to know previous history of that coin include price history.
8. Control you emotion, there is no space for emotion on crypto trading. Mostly emotional trade will loss.
9. Connect social media those coin you have chosen for trading so that you will get update all the news.
10. Use stop loss and move stop loss on real time. If your coin price grow then you have to move your stoploss. It depend on market conditions.

do you have the capital to trade? What coins will you buy?
the first tips for beginner traders are to strengthen intentions. You must be absolutely sure you want to become a trader and be ready to accept all the risks faced. the biggest risk of trading is losing all the money you have.

Before your gonna start in trading always keep in mind those words you gonna read here is a example of advice that the market situation most likely in trading discussion.

You can find a plenty of resources online to learn trading. There are a lot of informative articles about trading you can read those and also you can find tons of videos about trading on youtube, in my opinion, it is the best medium to learn trading.

Right.If you really want to start trading,motivate yourself to learn through different resouces found in the internet.You will not pay anymore for a professional trader but make your own researches and study them well and understand.You will gain a wide knowledge and with this application follows.All things you learned from reading resources will be tested if you will succeed in real life trading.And don't be afraid to take risks since trading is definitely full of risks.

hi, man, I see. When a started to trade, I also didn't know what doing and where studying to become a successful trader.
To solve newbies’ trouble, NewConsort team will launch easy-to-use trading platform. It’s really a great solution for all traders and those who are willing to get new skills in trading. The platform is based on blockchain and stores all certificates on blockchain. It's really revolutionary project where coaches and mentors can educate beginners.

I think it’s a great solution to visit some crypto educational platform for newbies. As I know NewConsort platform will join myriad people all over the world and provide them with a possibility to get new information about derivatives, stocks, and cryptocurrencies as well as to trade. This is really new generation trading platform helping you as a starting trader to get trading education and share your knowledge with other traders.

Yes, self-motivation is important otherwise we will lose interest on becoming a professional trader. For this reason I do keep few high value BTC addys. Whenever I do check its balances, I do think like when I am going to have bitcoins similar to that in my addys. Then I will for methods to earn bitcoins or to earn fiats and then convert them back to bitcoins. I do trade but not frequently even I am having more than five years of experiences in diffident markets.

Even crypto trading is high risky one, when we approach with all the knowledge and experience, we can easily eliminate the risks. One simple way is choosing high potential coins. We may go for day trading if market fluctuate suddenly then start holding them until you get your expected targets.

Anyone who wants to start trading needs to check one thing, the market.

If you watch the market closely for some of the slower coins you can literally make thousands of dollars in a day just from the regular difference between buy and sell orders.

Prices usually do not move unless something big happens which means price usually stays between the same amount and you can just list buy and sell orders and hope that the price stays around the same levels and you can make a ton of money from it.

I do it myself and do make couple hundred dollars (lack of courage and capital) and it is actually quite effective. Bitcoin is not like that since there is a ton of movement and also requires a ton of capital but if you check coins with 100 btc or so volume you can do the thing I am talking about.

Capital investment should be bigger since the market has fall around 3500 USD in last 4 months. If you wish to buy and hodl the bitcoins or major altcoins you can do it. But for trading you need to have the capital investment in big volume and you need to roll out as a day trader to make some bucks.

Most of the time trading fails due to price fluctuations sometime you can make some money. You may watch the how the green candles move on in the exchange you are trading and then you can monitor and invest accordingly.

you dont need to have a large amount of capital before you decide to start trading  . you only need to figure about the cost of trading fees on the platform that you are trading with , because you cant withdraw your funds if you dont meet thier minimum fee threshold  .


trading does not fail because of the market condition but the trader is the one that fail because he didnt know how to handle the situation .  trading is not easy  , you must pack some enough knowledge and experience  . emotions is also matter here  .

if you're willing to explore then make a search . in fact all of the information and tips about doing trading will be found in the internet . So try to explore.  For me watching on YouTube is better 'cause you can get specific information immediately with step by step  tutorials as well. wherein that can help us to start right away after watching.

Remember that crypto is high risk but you can get significant amount of profit from trading crypto because of it's volatile.
If you want to keep trade on crypto, make sure that you have learn about analysis technical or TA because you can set your trading plan so you can manage your portofolio in better way !

Just an addition,
We need to focus of what we do and make a way not to stop in learning even if you already have some strategies. More time is trading will give us more knowledgeable compared to the others. It is just a matter of dedication and working it hard will give us assurance of being profitable.
Setting a plans  will be great ideas cause it will guide us of what we should do for the incoming but we just not stick for a single plan if we feel it is not effective in a certain situation.

indeed crypto is at high risk but the results we will get are also high. so don't ever hesitate to move or invest in the crypto world because it becomes a great opportunity for us to become rich

At the beginning, I think you should join some financial and economic talk groups to discuss with them. You will understand more about the truth about the crypto market.
then you need to look more closely at market fluctuations for a few months to set your strategy.
finally is reading. Read more about investment, you'll give yourself some investment philosophy and you'll also be ready to invest. good luck.

My tips, make your own research to know if the coin potential or not. Listen also the successful or to the trader who have a lot of experienced Im not saying you can follow them 100   percent but you can get's an Idea to them like what did you right now you are getting some tips from us and this is nice and it is helpful for you as a trader to earn more money and become successful.

Recently, I spend more and more time on coins and tokens with small capitalization. They are more likely to dump or pump. Do not pay attention to the advice of various "crypto experts", as a rule, most of these tips are not workable.

Dude stop saying that crypto will make you rich. Its not a get-rich-quick scheme - even if you think it is. Bitcoin was not even so popular before it pumped to 20k USD and the bitcoin cash forking which initiated the pump. People would call it a scam at that time and not bother to look into it.

Its not about getting rich but learning to use your money to get rich. Its a gradual process and needs analysis of price charts and some market indicator studies. In the long term though bitcoin being a deflationary currency will increase in value and thus it is worth buying now.

That said, you may find other coins worth putting your money in. Thats your personal choice but dont forget that bitcoin will always be the supreme king.

The risk remains constant by dealing with small volume coins because they can anytime turn into dead coins which would never be bought back again so only invest in low volume coin if you see any daily trading activity there. If there are not buy orders as compared to higher sell orders than there are a lot of peoples who want to get our of that coin and it can make the coin dead so think several times before you invest.

You have given us such good tips which are useful to motivate us and to give us good ideas about trading being new in market, it is important to have faith and trust about crypto and having proper information about market so you will be well aware of all things like how to move in market accordingly, don’t panic and wait for long term trading for all new users day trading is not suggested but long term at beginning.

It's not a very good time to start trading now but this does not mean that trading cannot be done. If you are thinking about day trading, you have to do a good review and analysis of the coins you trade. You can make a nice profit with the day trading method but if you don't do it exactly, it will definitely cost you money loss. That's why you need to watch a lot of videos and read articles before you start trading.

One advice I would give you though. Don't be greedy when making position and don't be greedy when taking profits. The mastery of that line makes it worthwhile to trade.

make a good analysis of the coins you want to trade because if you are wrong in analyzing then I can make sure you will get a loss and don't be greedy in taking profits, 2- 3% is enough for day trading

I am sure you can found many useful sources in here related to trading, and besides that, you can learn from another website in out there so you can have more information about trading. After you think you can understand about trading, then you need to register on the trading exchange and Binance, and Bittrex will be a good option for new people to start. Make sure you know how to trade in your first time trading and if you get a problem, you need to search the answer by learning from many websites. The process will be simple, and I am sure that new people can do with easy.

To gain some profit we will have to go through this risk because risk is part of business and no pain so no gain, I am happy to be an investor and trader apart from risk. No need to be worry about price rise and fall, I only trade for long term and it gives me safe trading,.  The same way I suggest all my coo traders to trade only for long term and never panic.

It is really hard to have assurance for a long term trading if we are not trading with Bitcoin and some potential coins. Cause as I have observe, mostly there are affected when the market fall and it have a slow recovery or even not. 
If we will for btc and Ethereum, will be have that gains even we hold it for many years. 

Different market conditions like the previous year also require different adaptations and strategies. At times like this, it would be better if scalping on several coins for 2-4% profit

Very positive thoughts no doubt, but only expert investors may have such kind of strategies. I think that before entering in the market we must have to keep it in our mind and should make ourselves ready for the profit and lost, which is the part of every business.

In very beginning, as we have less experience of the market, we should try to take a start from small investment and gradually should increase our investment as soon as we get some experience.

But most noobs do think off directly with big profits when they hear out trading from other people which in result they do dive without proper knowledge and doesnt even aware that they can potentially lose
money if they do make such wrong move. About on gaining tips then it isnt bad but all informations needed is already on the internet and do make self-learning would be already sufficient.
It would only vary or depend on how you do apply on your own trading way.

Taking advantage of small price movements can be profitable, if it is played correctly and strategically. However, it can be a dangerous game for newbies or anyone who doesn't adhere to a well-thought-out plans and priorities. There are times when markets test your patience but you need to learn to be hopeful, and set aside fear and greed. Decisions should be controlled by logic and not emotion.

Yes, one can find any kind of information about trading on internet, there are a lot of website through which can easy learn all the importance steps and procedure to be following while joining a trading exchange. In fact some exchanges are also providing their demo account. Which can really facilitate you how to operate your account and do trading using an exchange.

With the demo account, I think he could still learn with practice to trade and it's better to use the demo account first to make sure you understand the lesson. I am sure that the more he practices, the more experience he will get and it will useful for him to make a better analyze. And when he is ready to trade in the real account, the next step is not to use a big money to start but try to use $50-$100 and then see how good is the result. Never stop to try to trade if you want to be a pro trader.

It will take you so much time to learn being a cryptocurrency trader. I suggest find a community in which you have same interest with, then study on your own. You will learn a lot fron them at the same time, you'll be able to share what you've learned. Through this, the chances of being a victim of FOMO or FUD could be lessen.

Yes I agree, sometime its even better to sell our coins we are holding for a long time. Because there are very little chances for the coin to increase its price, and we are only wasting our time there. We need to be too much careful while selecting a coin for investment and trading, because some time a coin reach its bottom and dead, we only waist our time and money there  and nothing else.

Trading isn't simple this is going for broke that their is no affirmation that you acquire or you lose however on the off chance that you have patient obviously you can gain yet difficult to procure right now in view of the esteem dimpinge so it implies on the off chance that you need to contribute now its better in light of the fact that soon it will rise and you will win yet pick on what coin you purchase yet my proposal was in the event that you exchange don't freeze when the esteem fall simply think positive dependably ;).

You should know that cryptocurrencies market trading is like football game and you will need mentor,  skills and knowledge on how the cryptocurrencies market works. I will say that you should not put in your fund into the market until you learn how the market work.

It came into useless and nothing will be good for us if we don't know anything about trading. We can't be a certified driver if we don't know how to drive, the same thing with trading.  We need thing things to succeed and not just putting our money just like a donations. Learn the basic and continue to dig more while you're doing it in actual trading.

Everything should be prepared and ready for any happening in crypto trading.  Though losses is a part of being in trading but we shouldn't be to much affected, instead we take this as a learning experience for us to make strategies that could help to minimize it.  We find ways that could help for us to have effective trading otherwise nothing would be happen,  might only losing our funds in the air.

I think that the rising price is the best tip and motivation behind why should you invest in cryptocurrency. Fear, uncertainty and doubt should not stop you from investing in the cryptocurrency. This is another good opportunity for those who are passionate about investing and making profits in cryptocurrency. This 3 trillion US dollar market is expected to go double in worth in half the time it took to reach the current value so do not miss out.

First tip: Prevent from being Greed

Second tip : you must handle your losses normally and never become a stress trader

Third and FINAL TIP:only invest what you can afford to lose

Thats the basic  bur most important concerns you must learn

if you do not enter funds at all it seems a method that is not suitable to be applied to learn good and correct trading at least you have a little capital of money to try trading with a small amount so you can have experience and lessons that can make you a great trader, if you don't try with the little capital you have then you will never be able to know how to trade properly and correctly.

I feel you bro  . thats true that we must put atleast smaller amounts whenever we practice trading so that we can feel the actuall feeling . we can experience the rush , the fear , all of the emotions  .  in that way we can improve our self to become more good at it  .


Mentor or coach is not necesarily needed to learn . that can only cost you more but they can make you more motivated because there is someone that can push you whenever you are feeling tired and down  .   

As a starter, you should be familiar with the terms used for trading. After that, this forum will help you a lot to explain to you what is trading about. Bookmarked all the possible thread and website that is very useful when you are decided to start trading. Read. Read. Read and Understand well.  It is not easy to just trade without knowledge.

And also, set aside emotions. It will mess up things.

Goodluck!

I just wanna give little tips, because of the many risks involved in trading, the risks in the market can occur at any time, such as falling prices. most importantly you have to get used to it. do not easily panic and do stupid things because of falling prices.

I think it depends on your level of expertise and experience. If you're a newbie, my single best tip for you is; get your amour ready to learn, win, loose and cry.

I suggest that you first have to learn first about the crypto world, learn about the technical and fundamental in trading, and don't forget to learn the risks because in the world of crypto the risk is very big, and if you understand everything, start buying coins which I think are very convenient damn cointoh like ETH, Ripple, SRT, TRX and others.

The best tip or strategy to win in trading is Buy low and sell high,remember this thins while you are doing trading then you can make profits.

Don't try too many trades initially just stay with few coins and it needs to be best coins.

I figure you ought to become familiar with perused and forecast candle chart, on the grounds that from the candle chat we can perceive how bitcoin in a few hours/days after the fact. This is imperative, in such a case that you don't have the foggiest idea about this how you can pick best time to purchase or move?
Begin from just by little sums, here don't searching for the benefit first however searching for an affair and information, after you have enough understanding and learning you can begin from greater sum.

I agree with you, that it is better to trade in a few coins but making sure it was been having a big potential in the market so that you will reached your desired outcome in a right time and helps you to minimize the potential risk of the market.

The most important thing in my opinion is that you know the basis of trading, then you learn what makes the market move, you can also read and filter crypto news and determine the signal that will occur in the movement of coins, and based on my first experience, I am more inclined to follow expert analysis and filter out that information.

Nice suggestion mate, you have mentioned all those nice tips I was going to discuss with my friends, greed is not good things not only in trading but in all fields business, you will have to stay calm and wait for right time for buying and selling later on , it is  not about affording lose to invest but only invest if you want to make profit and increase your money so trade confidently and don’t panic.

my general opinion for all the new people is don't trust anyone for profession because no one will die due to the right direction because no one had the time and patience to teach anyone so we need to move on with our own experience and want training this will be there right ID also to get a good person in this field.

To get started, you can explore different trading strategies. It is also necessary to always control your actions. it is best to write down in a notebook all your transactions so that we can then analyze all the mistakes.

Have a look into Sampey's CAT auto trading ping pong bot. Helps take out the guesswork and leaves all emotion at the door so to speak. Just solid gains that you set the %s at.

the safest tip is to find a teacher who wants to provide guidance and share knowledge. never trade alone without a supervisor. maybe you can find friends who are able to trade on social media or siblings or coworkers, do some trading simulations with your friends without using money, do it until you master the price action that occurs. this really helps you if we go into real trading, because if we make a mistake in making a buying and selling decision, a big loss can make us.

I think he's not looking for trading bots, he is looking for trading strategy tips tho I guess he already found good strategy for him given this been a couple of months ago plus many answers rained him,

btw, you looked very sure about the gains that the bot you mentioned can bring to you, have you tried it yourself? how much profit have you made so far since you used it if ever? I think I'm interested lol hehe, sorreeey for offtopic XD

There's an easy way to monitor that, you don't need a note book anymore, it's so old school.
Use your computer, you can make an excel to monitor your profit or your performance in trading, its necessary as you need to judge
based on result and not on the way you feel it, in trading you need to be realistic all the time.

Trading is good choice for you bro and here is sthe tips that I want given to you if you are newbie.  Use only the extra money as your capital. Every decision you made makse sure you ask the expert or the successful trader so they can gives you advice from that. You can do your research too and better that you have plan and use different unique startegy and you can create your own strategy too.

Just keep these points in mind when trading at this market situation. Set a minimum profit threshold. Choose the best coins though they might be cost more. Watch out the volume they trade on. Choose the exchange where the particular coin you have chosen has much trade volume with less transaction fees. Choose, BTC, ETH, XRP, LTC and USDT coins.

The world of digital assets can also be analyzed both fundamentally and technically, but sometimes it is very unpredictable and is not subject to any explanations)

Don't put all you fund in trading so if ever your trading has failed still you have enough fund to recover on it.
Let's just say set only that you can afford if ever it will be losing so that there's another fund to back up. Choose wisely in trading on which good coin you want to make the profit and remember that below 100 top coins in market cap is too risky, much better if you've chosen 10 coins in the market.

Learn with the small amount first and after you are confidnet enough then you can increase the amount you are using for trading. Understanding all the functions in the trading platform is also important btw.

Dear energyces,

First of all I want to tell you that trading is not so easy. Trading is a critical thing. No one can trade without a proper knowledge. You must be know that what is trade and where to trade. Nowdays trading is most popular for earning. But it is not so easy to make profit by doing trade.

So to start trading you should research the market value of currency. You should gain a proper knowledge about market. Without it you cant do anything. So research as much as you can do. Then you need some capital for starting your trade. Without capital you cant start trading.

Thank you.

I think that before trading, you should take into account:

1.- If you do not know how to place positions in Exchanges, do not start (do some tutorials to learn how to use them and how they work, there are many on the web).

2.- You must learn to use Stop Loss, Take Profit, Order Limit, among others very well.

3.- Establish what you want to do, Invest or Speculate.

4.- You have to take into account that the investment is to take long-term benefits, and to speculate is to trade and obtain results in the medium or short term, some trading takes a longer period of time.

5.- It is essential that you have your own criteria, before taking any trading training, if you plan to do it, the best thing you can do is read books by important authors such as Wyckoff, Livermore, Down, Warren Buffet.

6.- Only of Technical Analysis and Indicators you can not let yourself go, those are just tools, you must learn that the main thing is to understand the market, that you have a concept of how you can move.

7.- Remember that before putting your money in Trading, it is best to practice with a virtual money account applying what you learned in the books (practice in this way, is that you take experience, use the tools well that you offers the Exchanges).

8.- Choose an Exchange where you feel comfortable, before placing your Take Profit, the first thing you should do is put your Stop Loss.

9.-Do not make trading a stressful world, where you have to be stuck to your computer all day without having your life, so look for an Exchange that allows you to place an order including your Stop Loss and Take Profit.

10.- Trust your Strategy and respect it, do not make changes at the last minute, if you lose, assume your loss and if you win congratulations.

First of all find a proper broker or exchange for trading because it means a lot.
In general the process of trading is almost similar

Start a demo account just to see how technical aspect is done
Then learn what stop loss and take profit means and decide whether you should use it or not
After learning the basic features of operating the trading account you should search for several resources where you can get analysis for the pairs you prefer to trade.

Then start following analyses on a demo account - you should understand how it will affect your real account.

Now is best times to enter to crypto spot market because after dumped hard will be has more potential to raise again. But this prediction can be wrong, so we should be have risk management how to minimize the risk from wrong trade and failed prediction. In my opinon, firstly you have to choose crypto exchange that provide feature of stop loss and use that feature for every trade. Many newbie trader did not understanding how to setting stop loss and trailling stop in crypto exchange, and this is one of the big mistake.

There are a lot of information that you need to learn before you trade cryptocurrencies. I advise you to read posts and articles in this bitcoin forum especially in the section of trading discussion. You can learn many techniques and strategies that are really useful from professional traders.

To be successful with trading don't fix the target on profit, when the market is showing signs of growth just make use of it and when the market is on the down trend use the funds to buy. If you fix a target and stick to it, your order won't get filled that easy. When you're planning to step into trading initially start with small funds. This will get a learning about trading and the consequences.

Doing trade with broker is not advisable for a beginner,they can do demo trading or just go to an exchange like binance and start trading with very low amount like $50 or $100 or the amount which is affordable to that person,stop loss are also comlicted thing which makes trading to be difficult so just buy and sell in short term period and day trading definitely not to start with.

First of all learn the basic which buy low and sell high, don't forget the basics because few of traders has lost just because of ignoring it. You should also learn how to read the atmosphere and adapt on it, I mean regardless of any circumtances the market have you should able to manage it. Don't let your emotions overcome you because it will only lead to your defeat. Be patient and wise upon the decision you are making. Lastly, enjoy and don't be afraid to loss.

The best tip I can give to you is try reading different articles and threads about cryptocurrency trsding here and also from other sites. I am very sure that it will help learn more about trading specially its basics. This forum is indeed helpful for beginners. I also started earning because of this forum.

trading is also like a normal job we don't need to be fear before entering into this field if you had interest you can definitely made some investment and learn some experience with your less amount of investment but in most of the time the interest will reduce the forelock shoppable that's why they are not getting the profit frequently.

It's a rare thing to get ab adequate trading strategy on forum actually

In addition to it there are so many websites which gives good information about trading and it will improve your trading skills, so try to increase your knowledge as in trading the only thing which can give you fruitful result in trading is your patience and your knowledge that’s why try to watch videos related to trading and try to have conversation with expert trader.

Definitely it is both good and bad. If you search the internet for articles to teach you how to trade be ready to get baised opinions of bagholders who are ready to dump their shitcoins on your head. You need to be immune to those koolaid propaganda and steer clear of that info and take only the good info about trading or whatever your objective of viewing that article is.

Same goes for this forum. There are several shitcoiners here who talk about some unknown shitcoin to become bitcoin2 and then they will point you to put money in it. You are fully welcome to do that but happy to know that you have been dumped on with a pile of shitcoins that have no value in future for your hard earned cash. ;)

Stay in the forum for about a month and you will see various topics regarding on tips and strategies for newbies. Dont worry because people here really wants to help and is also reliable regarding this matter. Just dont stop aquiring knowledge before you start to avoid further loss.

absolutely because this is where the best place to get information that is important to enter in the trade, and this is where there must be people who want to guide us so that success is fast and can avoid losses

If you want to explore the crypto, check out the relevant posts on the forum, it will help you. Learn about the basics like graphs, psychological analysis, financial strategy, stoploss orders. Once you understand them, start a small transaction first and experience. If you fail, do not give up, use the experience and knowledge you have learned to have better deals in the future. Good luck. ;)

If you want to really study trade, I suggest doing daily trading. By doing daily trading you will definitely get more knowledge. This is because in daily trading we must always look at the market so we don't miss the news and time management and emotional management must always be controlled, so that beginners can be more useful and will make us accustomed.. Indeed, studying trade will take time so you have to be more patient.

How to start Cryptocurrency Trading

you need to understand these topics before you start cryptocurrency trading career.
1.   The underlying technology behind cryptocurrencies
2.   The different ways to analyze the market (such as technical analysis and fundamental analysis)
3.   The difference between active and passive cryptocurrency trading
4.   What affects the price of a cryptocurrency
5.   What cryptocurrency trading tools you can use
6.   How to track your trades and pay taxes on cryptocurrency trading
7.    The difference between CFD and exchange trading
8.    How you compare trading platforms
9.   Some common Cryptocurrency trading terms

Read the complete article, how to start cryptocurrency trading (https://www.cryptocointrade.com/education/start-cryptocurrency-trading/).

I do not think this is correct, while it's impossible to get a 100 percent accurate info or strategy from anyone, members of the forum do their best in educating and informing anyone who's willing to learn it willing to ask with strategies that has worked for them, and it's up to you to either take it or leave it.
But the best thing to do is search for informations yourself and make enquiries only when needed to avoid being misleaded

Yeah that's right there are many types of altcoins but only so little make it this far. Some coins won't even last for a span of a year. Bitcoin by far is the most oldest type of coin, a very good coin that is indeed will be the biggest in the distant future. OP if you start trading make sure you have acquired the most popular ones first rather than putting yoyr money on a strange coin that has been going around for months only. Before you trade make sure you know the bsics of the basics, don't let emotional thoughts hinder your work it's a no go and must be get rid off.

I think the best thing in learning is to have a teacher or friend to tell, consult and ask, if you don't have an expert trader friend find a group about trading on telegram or whatsapp, many traders are ready to answer your question, that's what I did when I became a newbie

It is necessary to choose such cryptocurrencies that have good products, they are used and the platform develops, then it gives a good price change for a long time!

The cryptocurrencies that has good products and has values to the society should be the one to invest in instead of focusing on those projects that we know are just looking for money with big ideas and no development on ground.

It's good that you want to start trading and want to explore the market but i would rather advice that you must invest based on your understanding and knowledge because each person will tell different story based on his experience or suggest coin which he likes.Invest with diversified portfolio and learn trading skills slowly and afterwards you will learn from your past mistakes.But remember don't get panic in bearish situation and be patient and know risk factor is key element of this market.

therefore to find information to trade well, of course, it is here at BitCointalk, because there are a lot of people who want to guide us to do good trade and to earn income and knowledge too

Yeah it is not good to be I hurry for choosing a coin to invest your money as when a person starts trading he become so excited and in this excitement sometimes people make wrong decision so invest only in promising coin and after research buy good coin to hold and trade for long term trading, day trading is only for those who are having fine trading skills and good knowledge.

there is a lot of information that you can get in this forum but to guide how to trade well and correctly they will usually provide a solution to read in some media and dare to implement it because if you are not brave then you will not know the results.

My advice for you 2 platform : fxtrading & plustoken

fxtrading :
✅ Min Deposit $100
✅ Daily gain 1% up to 2,5%
✅ Totally 400% include (Profit & Capital)
✅ Withdrawal in Daily working, Minimum $50. Fee is 5%


plustoken:
Step-by-Step instructions
(1) Download free PlusToken Wallet
(2) Key in reference code
(3) Once registered, you can select any major crypto COIN to generate PlusToken
(4) Transfer minimum $500 equivalent of COINs to turn on AI Robot.
(5) Once turned on, you will get Plustoken daily regardless whether market is UP or DOWN. You get PAID to HOLD (HODL).
(6) PlusToken can be converted to any paired coin to sell anytime.

more information ref : https://steemit.com/@dinopuf/

I think you need to learn and cultivate more knowledge about trading to get a good foundation to start trading. There are quite a few rules you need to follow and make sure you are willing to force yourself to get used to it.
There are quite a number of rules that make yourself better in trading. It is to learn patience, persistence with the portfolio, and to keep your emotions and reasoning stable. these are essential qualities and very difficult to learn.
I recommend that you spend 2-4 months preparing for training and practice. You should only spend $ 200-400 to practice your virtues. Wish you success.

I think op needs to learn how trade before any other thing. Trading without learning atall is a big mistake most newbies make.. There are lots of useful videos and books on trading you can find on website like YouTube. There are paid courses on trading aswell.

Learning how to trade is to have a strategy or plan. You can not learn that strategy if you don't go through demo trading. The demo trade is more of an artificial money but with real platform or channel for trade. If you finish building a strategy, you can nowgo on real and practical trading. I wish you luck.

We can't just learn for a day or two, definitely it takes weeks or months to fully understand trading works. Everything in trading are full of making decisions where you must have to work on. Simply we can learn in demo trading but it something different into actual trading. If you have a plan, therefore you must have to stick on it and never be affected of what bad news you've heard and also we must control also our emotions cause that might lead us into going nowhere.

Demo trading is useless because demo accounts don't give the same feeling when you decide about trading positions. Real traders always suggest to test the real trading platforms with a small balance and you will get the idea what it looks like to trade with emotions for your own money.

I really appreciate your courage to learn about cryptocurrency trading, remember! this is very risky.
the first thing you should know is price fluctuations and the characteristics of cryptocurrency trading.
once you find out you can learn things that can change the price of cryptocurrencies. so you can calculate on what coins and when the time is right to start investing.

Tips is only way for you to become successful to your journey which is the tradings. When I satrted the trading I got a lot of tips from the expert trader and I use it already and most of them until now is still useful for me.

I suggest once you get a tips to the traders do a research to know if it's good or not. Not all the tips is good it depends on the situation if the tips is compatible because they have months other tips is not good to use. You need to learned some knowledge about trading to avoid or preventing mistakes.

If you learn the phases of the market, you will see that the best phase to buy is accumulation, and it is in the phase that we are, it is the ideal to buy and maintain, in fact many investors buy in this phase and sell in the distribution , but to arrive at the distribution it is not known how long it takes, that is why many have the perception of an investor, and others that have another vision of the market, that are dedicated to speculation.

Trading tips actually differs. For you to understand trading, you first of all have to understand the fundamentals in trading; do your analysis to know when to take a position, and then set your stop loss and take profit.

Trading successful entails alot of things and learning is a process in trading successfully. If you really need tips I believe that by visiting tradingview you will learn alot of things about technical analysis and that show to you when to buy and sell a particular asset.

You will lose money several times. Be ready for this. The best way for you as newbie in trading is to use only that money that you are not afraid to lose.

Trading crypto currency required a sound knowledge of both fundermental and technical analysis for you to be able to make reasonable profit from trading crypto currency. You need to read news about Bitcoin and crypto currency in general to enable you know whether the future will great based on the news you have heard as that will enable you make informed investment decision in trading crypto currency and also the analysis of the chat.

Committing mistakes in trading is good for us in order to learned much interested techniques, so that we will able to acquire enough learnings. Without experiencing failures, possibly we can't adjust during those time we might fail. It's so very important to have balanced experience. Yeah we can deal on those different tips, but be sure to pick those not aggressive type. Listening from expert traders can be a better ways to catch ideas and if your prefer trading by yourself to determine a trading purpose, just start with smaller amount of btc or eth in order to avoid huge asset loss.

You sounded so hash Man, and I don't think your submission is a good advise despite the fact that there is tendency of losing while trading crypto currency but it shouldn't be presented the way you put it for a newbie of this type.

In my opinion, I don't think it is useless to practice trading with the use of Demo because knowing how to trade is a different things from knowing how to control your emotion while trading crypto currency. Demo trading work for me at the beginning of my forex trading career and I believe it can equally work for this newbie.

Let me don't agree with your opinion. Demo accounts don't teach anything except the opinion of how platform looks like. Demo accounts have fake numbers and typing random numbers don't require experience, money management, emotional control. Mastering trading is only possible after mastering yourself as a trader. If a trader can't accept a decision about his money with emotional control then he is not able to trade with real money. Real trading is hard due to the emotions of human and mastering emotions is dependent on your ability and experience. Forex trading is not as volatile as cryptocurrency markets.

Tips and tricks won't be effective all the time. It is our experience that matters with trading, what we experiment gets reflected with the trade moves we do. This can happen positively or on the negative way, but the learning got out of experiment will give a best learning on the forthcoming trades.

Successful projects have working products which can cause a big challenge for people's daily life. Without working product, it is an unmeasurable success and these type of projects always fail sooner or later.

We humans tend to think that there are tricks and tips to everything but we fail to use the logic to understand that these are not real but either falsely claimed things by others or wrong perceptions on our part. There is nothing called tricks in speculative market. Its about trends and who can catch it in the proper time before things escalate to levels that they cannot reach.

Our experience will matter in trading but rectifying mistakes and cutting losses also are important. The balance management is an important thing that people often miss out trying to make money in their first few days but they soon realize it.

Skill is more important in trading than experience so skill can be considered as having tricky moves while making analysis but obviously no one will reveal their secret of money making from profits so that we need to find our own trick from all our experience of trading.

try trading major coins, check news on the coins.
if now news observed - use technical indicators (e.g. Ichimoku) or support/resistance levels.

try day trading - and create a trading plan: how much are you planning to each all in all and per trade; how much you can lose (and probably set a stop loss); how long it may take approximately; and follow these rules.
and also trade calm and cool. trading is a real stress and adding more of it will cause bad things to your health and your trading.

and practice, practice, practice. that will make perfect  ;)

I hope you are not going to hodl..

We know even someone of professional reveal his trick to success in trading, not everyone can applied it into their trading ways. That is why each people like what you said, must find their own trading trick or skill to make them success.

Permit me to disagree with both of you on the aspect of no one revealing tricks or secret of making money, this can be true in general  business but not in trading, forex and crypto market is too big for everyone that whether you reveal trading secret or not doesn’t affect the market in any way.

In fact I see lots of trader who doesn’t share their tricks as being selfish because it seems to me they virtually don’t want the success of others when them keeping or revealing the secret does not have an effect on the trader. I agree in the aspect of skills because skills are what you acquire personally and cannot be shared but rather transferred through learning. Every trader in life needs a mentor that will show them the trick till they are able to stand on their own.

I am sure that such "tricks" do not exist. What exists is the speculation of the market and following trends that go around in the market. Without them there is no use of trading and making profits from buying and selling. So called "tricks" are actually gimmicks spread by fraudstars to grab money from newbies who are trying to trade by always going for the easy way out. In trading skills and practice is what is needed and also getting in at the proper time.

Those who say that they know tricks on how to make money - remind yourself one thing that your parents must have taught you : Nothing in the world is free and that Greed kills just like speed.

Yes, every person will join trading by following signals but after attaining some knowledge they will start trading by their own, without learning it is very bad idea to start trading. Some time tipster will take huge money by providing signals, so always attain knowldge by your own.

Good point, not always you need to relied with someone's knowledge you have to attained growth and understanding regarding to this
business, if you want to be more successful then you need to workout with your knowledge, the more you understand the more success
you can achieved.

I agree.Learn to trade with a small amount on your first trading because that's the best thing to do for a newbie like you.And after you have gained experiences in trading whether you have lose or win,then you can increase your capital by adding some of your profit on it.I believe you will be a good trader as the time goes by and as your knowledge in trading has widen.

First you must learn the basic things about in trading, know the exchange that listed on top at the coinmarkep, together also with the altcoins too. Read most often in trading discussion and ask some important things which is related on trading, then study the chart graph from candle stick and technical analysis something like that.

For me best and the most important things which matters for all traders is coin you are buying for trading, if you are choosing good you will surely get good so before trading keep one thing in mind that you are securing your future, if you want to be day trader even then don’t be in hurry to take wrong decision, keep your emotions away and only think with your mind as a trader must have sharp mind.

Mate you should put in more insight in your posts rather than regurgitant shitposts if you want yourself to be recognized. ;)

Of course everyone should be diligent about the money they put in and one should not play with their money. In fact very few people actually play with their money unless it obtained for some means which do not need hard work, tainted sources of money. Then again talking about the majority legal sources, being confident can be enhanced by keeping tabs on daily price charts and not panicking when there are rises or falls. These things are common in the market and should not sway you.

the best tips are to learn first. learn from the experience of people who have been in the crypto world.
You have to know about good and bad when you first trade.
do not let you become a fool in trading, because your fool will cause financial losses and profits for those who are experts in trade.

Learn from your mistakes, be updated on every crypto related news and don't follow pump and dump groups. These are my tips for trading. I used to follow candle stick patterns and indicators when i started trading on crypto. But, it doesn't have much effect on this volatile market. The best thing to do is to buy on rumors and sell on news. Its been helpful for me and i managed to make nice profit using this trick.

In general, trading is buying low and selling high. If you have started it then you will gradually have experience and know about rumors circulating. Knowing the issues that exist about coins that you trade must be known so that you can make good decisions by analyzing each candle that you pay attention to on the chart. Learning it by direct practice is very effective and always do research again after you get the recommendations that you get in many places.

start small until you get a grasp and to minimize losses, like 0,01 BTC it's enough.

I only started a serious with TA recently and using 1 indicator only and some basic stuff S/R etc.

So far it works for me and oh I read @CryptoCred @twitter tutorial

here the link https://docs.google.com/document/d/15c3rN15rkXldY8Te3GDG4NG7noaaoikydOoZQlElwXw/edit

Definitely recommend following @cryptocred on twitter.

His pinned tweet is a great intro to the crypto trading world

Except that the experienced people are mostly pump and dump shitcoin shillstars pumping up their bag holding coins like anything so they can dump on your mouth open wide. If you are taking their advice its important to be resistant to such propaganda which most newbies would not be able to and thus I dont recommend those to new traders. Rather learning from other markets like stocks bonds precious metals to get a fundamental idea about crypto market is a good idea

Its not always possible to know that.

Becoming a fool is one thing. Remaining a fool is a worse thing. Rectifying the mistake of foolishness is what people should learn.

Yeah repeating your mistake will become a blunder so better learn from the first mistake and take it as an experience, if you want to trade and you are new just try to gain knowledge and information about trading, for trading patience and knowledge are two main weapons and keep your emotions away as price will rise and fall many times.

I believe crypto market already in the bottomed after dumped hard, so buy and hold now for afew month is great idea to make alot of profit but this my prediction is not guarantee to be accurate , so we should be also have risk management by use stop loss after bought any crypto.

I wish more people would actually learn from their mistakes rather than repeating them. Its something that humans always do in every sphere of life but they fail to realize it because they are egoistic. We will make mistakes but identifying the mistake and not doing them again is what makes us different from the rest of the common folk.

I see people buying shitcoins everyday while listening to the same old youtube shillster koolaid and even if I try to dissuade them they wont listen but ask me to put my money there too. But then we all know what happens with bitconnect :D

Have a plan.  Enter into trades.  Select a buy point, and a sell point.  When it hits your buy point, buy.  When it hits your sell point, sell.  Don't get emotional or change your opinion based on market movement.  Be patient.

for beginners, determining the point of purchase and sale is of course a difficult thing, because of course they are still lacking in experience and they will see the fact that the market situation is very different from what they imagined, so it will disturb their emotions, and make it difficult to make wise choices.

Successful trading is a combination of knowledge and skills that are obtained via experience. Learning the basics is good but it worth nothing if it can’t be applied on practice. So for very beginners as you, I’d recommend practicing trading on a demo account in parallel to reading. It will allow you to gain invaluable experience and trading skills without risking money. If you are interested, CEX Broker enables to create free demo account: https://cexbro.com/. And then using acquired knowledge and skills, your chances for wins would be much higher. By the way, this platform also offers a stop loss feature that is a vital tool for every trader as it reduces risk. I advise to use it for each trade because a stop loss can save you a lot of money.

Well as of now it not quite good idea to do some trading due to fact that market is bloody but anyway. Before engaging in trading you must have a plan first, have more knowledge with regards with it, be patient all the time and control your emotions. Besides, don't forget that if you make a mistake you shouldn't be down but rather use it as a motivation to never do the same mistake, deal with and learn from it. I guess most of traders here had made horrible decisions before but look at them now, they able to manage and rise up again. Therefore, just don't be contented on what knowledge you have now , you must still learn and experience all the things you need.

First of all congratulations that you choose an unique profession in order to make your living.
So boy as like other jobs in this also you should know all the basics and fundamentals. I mean don't just invest all your money at first attempt.
Be confident on yourself and just listen to your conscience.
Moreover patience is the thing that play the keyrole here.
If you follow these things then you will surely succeed.
Wish you good luck mate 😊

We need to be very careful with the market because everything seems to be very perfect suddenly the prices will drop again. So as a trader we should panic either the price increases and a decrease in the market. Move according to the situation of the market.

Crypto currency market is a very good place to invest your money and expect good return in no time only if you invest wisely. You can diversify your investment in different top 10 altcoins which I believe will bring good return to you at the end of the day.

I agree.Investing in cryptocurrency has a bigger risks compared to other investments so atleast you should know how to diversify your investments well.And make sure to start your investments with a small capital first so that when you lose,you can still recover anytime.

   Indeed, we should not penetrate on trading without enough knowledge to deal the possible consequences, either we are lucky to have what we aim or gain with huge of loses. Thus, experiencing of loses will give you an accurate strategy on when will we able to trade, to evade from loses. At this state, we have to be wise on every deliberance we take and in order to gain massive profits.

Knowledge is important when we want to start trading. So we are required to have knowledge when we want to achieve success. but never give up, we also have to keep trying because by trying more often we will get more experience. We have to do things like this because we have to train our abilities so that in the end we can achieve success.

The most important thing in trading is to distribute your deposit into several cryptocurrencies and several parts, which will help to diversify the process and make a profit over time, you also need to be patient and not fall into excitement

I also suggest him to buy coins because it is down fall in market, so for newly traders have a good chance to buy coins, but don't buy coins without knowledge and speculations, see the history of coins and then start to buy them. In trading without risk we cant earn, so being a trader we should take risk.

Whether a newbie in trading or taking a chance in this exciting and challenging market, we have to be aware of what are the common mistakes to avoid inorder to gain skills, experience, and be successful. Don't be too dependent with others, they too are busy doing their own tasks. Doing own research is the most important step before entering into any market. We need to understand what a coin does, its price movements, the stage of developments and so on. Crypto market is volatile by nature and panic selling at the bottom will never be helpful. To be a successful trader, we need to follow crypto news and be informed on all recent and upcoming market developments.

Cryptocurrencies are unpredictable, whether you are holding, or trading, you cannot afford to put all assets in one basket. Diversification and risk management is the key to finding good entries in multiple coins that will help increase chances of profitability. Make sure to have a clear goal and reason why you're entering each trade. Start when you know why you’re starting and have a clear strategy for afterwards. We must set a clear target level for taking profit and more importantly a stop-loss level for cutting losses.

Try and have general knowledge of crypto to start with.  Dont be in a haste to invest awlays have the patience of learning every details concerning the project you wish to trade. Learn to follow news buy any time there is an annocement and sell the rumours.  Avoid greed also it kills

Planning to trade in the crypto world is undoubtedly a beneficial tasks for newbies. These days cryptocurrencies are touching the sky so, if you want to generate maximum profit, go for it.

The first thing you need to do is:

• Search a reliable and best crypto exchange available in the cryptocoin market
• Check what security features the exchange is providing you
• How it is convenient from others?
• What trading fees they are charging?
• Whether they are providing wallet or mobile app?

These are some of the guidelines which you need to remember when start trading. I hope the above information is helpful. Happy trading!

I do not think it is the down priced market anymore. The price of Bitcoin is high above $5000 and it is not just a low price. But, the market might rise further so there could be a chance for making money if he invests right now. It is always appreciated to invest in Bitcoin when the market value is very down and this is very important because it maximizes your profits to a great extent.

Trust your choice and invest big but choose wisely.

The best advice in trading is to get rid of the excitement, correctly distribute the Deposit into several parts, use those exchanges that have mobile applications with notifications of growth or price reduction, then it will be only a pleasure)

Good to know that you willing to start trading. The tips first capital must use only as your extra don't use your savings money.
Just look for the trading site who really trusted and that is Binance and for sure more people use it so you can start there if you want.
Just keep reading to trading and watch videos about it and for sure you will learn goodluck happy trading!

Actually the trick to running crypto is easy, it's just that we have to be careful. When we buy coins we must be able to analyze the graph. And as much as possible you buy prices below the market.
After that, when you sell, you can install at market prices. But don't get too far from the market. Because it will be difficult to get that price. Just a 10% profit is pretty good.

It’s very good decision that you are willing to start trading but don't forget that trading is very risky and you need to invest that money which you can afford to lose. I will suggest you to keep your patience in every good or bad situation don't lose your emotions while trading. That's it if you can maintain this all then I'm sure you will get success.

I agree with getting rid of the excitement part but I am not sure what you mean about mobile applications available exchanges. Yes many exchanges have apps for smartphones but does that make any difference. I mean does the platform of use matter so much as to influence your trading on a general basis?

About notifications regarding price rise and drops, you have use your own judgement here. If some less known coin suddenly pumps to 400% gains while bitcoin is being bearish, then its not the good coin to buy into because its a fake pump which is going to crash or has already crashed and you are seeing the metric of a hours back.

   With mobile app you can log in from everywhere in anytime. You can monitor your coin every 5 minutes and you can spot any
changes faster.
   Getting rid of all emotions is good when dealing with money. Excitement or panic can make a person do something that isn`t
smart. Trading should be practiced a lot and with time, money and nerves some people learn something and become better,
others find out that trading isn`t for them.

Research is a necessary part of preparing to trade. You will need to do extensive research on several issues: what kind of asset is digital money and its main features, potential cryptocurrencies for trading and scam projects to avoid, reputable and secure trading platform, fundamental and technical analysis, etc. As you see, the list is rather large so you have to invest your time first to have more chances on successful trading.
The main challenge is to select the best coins and the most suitable platform for trading. With the first task, the list of the largest cryptocurrencies by the market capitalization can help. Because they are considered the safest and the most reliable coins for both investment and trading. When choosing the best crypto exchange, pay attention to the security level, trading fees, customer support, the number of the crypto pairs, and the availability of the wallet or mobile app. For me, these factors are crucial therefore, I use CEX: https://cex.io/xrp-eur. Also, it benefits me because enables trading both crypto to crypto and fiat to crypto.

It is really hard to begin with trading, even you want to earn quickly on trading, you must not push yourself in a hurry. It is rather good to start with learning as a newbie. So, I suggest you check this link and read and watch the video https://www.youtube.com/watch?v=HLYuxoytR3s&t=29s good luck. :)

I advise you to decide first of all what you need to trade in the market of digital assets, if you just play around, you can try different strategies, if you seriously take this matter, you need to allocate part of your available capital, study well cryptocurrency, their change over time and prospects

Many people go into trading without prior knowledge and basic dos and don't of trading.  For you to enjoy trade and make good money from it you should not do the following :

. Considering cryptocurrencies trading as a solution to your financial problems.

. To blindly trusting Twitter calls, Telegram signals, YouTube shills, etc.

. Halting the learning process.

. Falling in love with your bags.

. Becoming arrogant and overconfident.

in essence that when we experience failure we must continue to try. Basically trading requires analytical skills and experience. it can be learned so we must keep trying. never give up, exactly what you say that in the trading world we need various strategies in dealing with various conditions that occur.

Just find a wealth management platform that suits your needs.. I'm talking about smth similar to mpcx

The best and most effective tip you can get is to work on your trading capabilities try and develop yourself. Know the basics chart reading and interpretation.  This will help you make good decisions while trading

The choice of cryptocurrencies means much. You need to find out which altcoins can go up in the future (at least if they have this possibility), and pick them. Do not stop to learn about trading, and trade first using small sums of money.

The way I see learning to trade is like investing in a business, education and career all at the same time.  The majority of people invest in those things to better themselves and do not see it as a loss.  You should not see your initial loss in trading as losses rather see it as education, investing in yourself and a potential future career or investment.

I believe in jumping in the deep end tbh.

I would say start by educating yourself about trading, charting, strategies and various indicators people use as well as margin trading. (youtube and the internet has everything you need to learn for free imo)

Sign up to 2/3 reputable exchanges and deposit small amounts of money only!! (as your learning to trade balance), one of these exchanges should allow margin trading.

Set yourself a ROI on your acccount balance of between 10% growth for the first year.  You will need to work out daily/weekly/monthly targets to achieve your goal.  You will need to understand trading risk to reward, position sizing, and have knowledge of stop loss placement and strategy.

If you can achieve 10% in the first year that will be a great achievement and you will be one of the winning 5%

Exactly, we need to be very careful in choosing, we need to study very well about the market and their situations. So trading with small amounts is always good to watch because initial stages we cannot justify them whether they are potential or not.

I would suggest you to first get proper knowledge about Cryptos, as once you do that you will be able to start with any exchange or broker easily. And in order to get best Crypto Knowledge (https://cryptolinks.com/crypto-guides-and-courses-know-how-info), I suggest you several places like Cryptolinks, YouTube and even this forum on beginners section. Once you learn it accurately, I don’t think it will be a big deal to start, as you will be able to do it relatively accurately and easily.

Stop shilling your own project here. Nobody is interested in buying them and you are making yourself look like fuckboi with no job to do by posting in every thread.


Initial movement are not always indicative of long term movement. But this a vague statement. If you see a coin going up you can sell your stock and cash it out. Then wait for it go down again. It will obviously go down even if it is going up now. If you have been watching this coin for the last few years then you would know which are the support and resistance points. Thats where your decision making skills come into play. They need not be accurate but they will help.

Always be patient, don't start to panic, draw up your own trading plan. Before you enter trading you should have proper knowledge in this sphere. Otherwise you ' ll lose all your money. Do market research, watch some educational stuff. Btw, "Trading Academy"by Monfex is really useful thing. You should definitely check it out if you want to build successful trading plan. For traders that are just starting out, its recommended to determine your risk percentage, based on account balance, beforehand, and then stick to it.