Of course first the basics, because without it you can't build a foundation in your trading career which can lead you to quitting without even knowing what big opportunity trading is.
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I think a small amount will be alright but if you want to get big profits of course you need a big amount to invest in and i don't usually recommend you to trade a big amount and no experience.
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There are alot of indicators that can show you if it will go up or down (pump or dump) but of course sometimes it fails to give you the right indicator because maybe the bulls or the bears manipulated it.
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That's a great way of earning money is just HODLING it minimum for 6 months or best a year plus because you will benefit so much from that, but of course you may loose because it goes down so much.
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That's not the case in trading because you are here because you want to predict those pumps and dumps so that you can get ready and profit on that but of course there is no 100% going up or down maybe sometimes but usually not so having a fixed income will be difficult because you don't know what will happen next.
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If you know that it will go down what i usually to is short/sell when it's still high then long/short when it just spiked down which i get alot of profits but of course you need to have alot of money to trade to get alot of that trade.
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For i teach beginners to HODL and but of course i say to them if they want to trade cryptocurrency but of course that's there choice if they want to or not, but i really prefer to trade.
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I usually do if i know it will dump i will just sell/short when it still pumps then it will dump so i earn because i short when it's high and buy back again when i know it will stop going down.
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I did not because that can be stupid especially because you bought btc to hold and you don't have any savings for yourself, but if you really want then go ahead.
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For beginners or even experienced traders i still suggest to hodl even it drops super because it will always pump and when it pumps you just hit the jackpot and buy the dip!
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Any time a good time to buy bitcoin but of course if you are just getting started just hodl it and wait for it to grow and ask professional what to do when it dumps if it's time to just sell or buy more.
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I think it will be still Bitcoin because it has the most potential coin you can see in the market but of course some coins pumped so much like lunyr which already had a bull exhaustion.
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It will be the app of Binance because you can trade easily in your phone without opening any sites which sometimes sucks and binance has alot of coins to pick but it's still best when you trade in a PC.
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I feel that trading can be more fun than games because you earn and you get educated and of course gaming is really fun because there's alot of things to do in games but that's my opinion.
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Poloniex is dead, i don't trade there and it's super complicated rather than bittrex because bittrex has more coins and easy to use but for me being a bit experience i margin in BitMex.
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I think learn the basics first to build a foundation, but i like to learn on the way so implement what you've learn to trading, and be in mind that you can't always win a trade sometimes you lost.
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It became very beneficial especially today because i learned to trade margin but it became very risky and you can loose alot of money by doing that, but your profit so much.
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In starting at crypto you really need to know what and how to trade, but of course you can't trade without any experience even a slight will be alright to start your first trade.
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It really depends what type of profit is it because if it's BTC and have alot of it i would keep in in a very secure place that i know that i am the only one that can open it like ledger.
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Today BTC is now 10,600 and i think it will reach 11k this day so HODL your bags full of BTC because later this year we will be on moon and let the sellers sell.
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