Bitcoin Forum
June 21, 2024, 03:47:21 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Help with what to learn and where to start crypto trading  (Read 111 times)
Dannayy (OP)
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
March 25, 2018, 07:41:11 PM
 #1

 I am very new to the crypto and trading world, by no means do I think I'll be quitting the day job anytime soon haha, just interests me and wanT to learn how to trade it and understand the market just looking for advise
Thanks
JanEmil
Hero Member
*****
Offline Offline

Activity: 2338
Merit: 668


Community management 24/7 for hire


View Profile WWW
March 25, 2018, 08:31:19 PM
 #2

I trade a gdax (if you have coinbase).
Limit trades are free there.
But only ETH, LTC, BTC, BCH

I use twitter to listen after where the coins move to.

**

Then I buy other coins and hope they go up. I have only earned good money on EtherDelta so far. People sale airdrops, bonus coins etc there. If you find a good coin your can earn good buying and sale at 2x-3x. Can take week before someone take your sale order.

crairezx20
Legendary
*
Offline Offline

Activity: 1638
Merit: 1046



View Profile
March 25, 2018, 08:58:21 PM
 #3

I hope newbies know how to use the search button between help and donate button from the top left of this page.
Anyway, you can read this thread with some tips and guides for trading altcoin https://bitcointalk.org/index.php?topic=1830566.0
Also, read this thread for a warning about altcoins https://bitcointalk.org/index.php?topic=199141.0
And hope you know the risk of trading crypto.
However, if you can stay at the top 10 coins in the coinmarketcap it's less risk than trading with new coins.
hridoyb
Sr. Member
****
Offline Offline

Activity: 826
Merit: 250


Bitgesell (BGL) Decentralized Cryptocurrency!


View Profile WWW
March 25, 2018, 09:59:36 PM
 #4

I am very new to the crypto and trading world, by no means do I think I'll be quitting the day job anytime soon haha, just interests me and wanT to learn how to trade it and understand the market just looking for advise
Thanks
People want o be expert on trading platform but its not a easy matter.You get lost your all some for one mistake so its really hard to learn and become expert. First know about trading and than you create an account on exchanger and try to demo trading and follow to this forum and bitcoin market becuas ecrypto market depends on bitcoin

█████████████████████████████████████████████████████████████████████████████
.
.
█████████████████████████████████████████████████████████████████████████████
        ██████████████▄▄▄
       ▐███████████████████▀
       ████████████████▀▀
                    ▀
                            ▄▄
      ███████████       ▄▄████
     ▐██████████▌      ███████
     ███████████      ███████▀
    ▐██████▌         ███████▀
    ███████       ▄▄███████▀
   ▐██████████████████████▀
  ▄█████████████████████▀
▄██████████████████▀▀▀
███████████████████████████
███████████████████████████
███████████████████████████
██████▀███████▀   ▀▀▀▄█████
█████▌  ▀▀███▌       ▄█████
█████▀               ██████
█████▄              ███████
██████▄            ████████
███████▄▄        ▄█████████
██████▄       ▄████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
██████████████████▀▀███████
█████████████▀▀▀    ███████
████████▀▀▀   ▄▀   ████████
█████▄     ▄█▀     ████████
████████▄ █▀      █████████
█████████▌▐       █████████
██████████ ▄██▄  ██████████
████████████████▄██████████
███████████████████████████
███████████████████████████
JanEmil
Hero Member
*****
Offline Offline

Activity: 2338
Merit: 668


Community management 24/7 for hire


View Profile WWW
March 26, 2018, 08:32:19 AM
 #5

However, if you can stay at the top 10 coins in the coinmarketcap it's less risk than trading with new coins.

Last months this rule was not the best one. Hope the rule soon apply again  Sad

jessequick
Member
**
Offline Offline

Activity: 220
Merit: 10


View Profile
March 26, 2018, 02:16:04 PM
 #6

I do not think that the principles of trading in stock markets will work in cryptotrading. It's pretty good to read some books about trading, but overall, I think that here we need a completely different approach.
anobtc
Member
**
Offline Offline

Activity: 1176
Merit: 12

Vietnamese Translator™ https://goo.gl/7inMji


View Profile WWW
March 26, 2018, 02:30:18 PM
 #7

I am very new to the crypto and trading world, by no means do I think I'll be quitting the day job anytime soon haha, just interests me and wanT to learn how to trade it and understand the market just looking for advise
Thanks
The best way i can recommend you is learning basic knowledge about market: price, Volume, Cap, what influences the price, and if you love it, you can read more about how to view and analyze a "Chart".
Then, most important, you need read about a coin or a platform to identify a good or a trash coin  Grin

Finding a local Moderator and Translator?
View My Portfolio and feel free to contact me if you need! 😉
gawer33
Jr. Member
*
Offline Offline

Activity: 309
Merit: 5


View Profile
March 26, 2018, 02:31:37 PM
Last edit: March 26, 2018, 02:47:42 PM by gawer33
 #8

1st study support and resistance
2nd study indicators use for oversold and overbought
3rd study candlestick pattern
4th study charting pattern analysis
5th other indicators

use this exchange for charting  https://bittrex.com/home/markets
use this game it's simulated to real life last time I have tried it https://coinmarketgame.com/

after your comfortable in trading in the game, try to put small amount your willing to lose on real-life trading for practice. do not ever listen to people about which one is to trade/buy there is a lot of pumps and dump schemes. never trade based on your emotion(FOMO/FUD) only strategy. use tight stop loss on a very risky trade.
many people loss trade because they follow people advice, you may listen to other advice but only as a support but not a confirmation to buy/sell it.
if you can predict(base on your TA) BTC will drop sell it, A lot of people don't have the guts to sell their BTC's fearing they might be left behind if BTC pumps( I sold mine at 17k bought again at 10k)
 
6th don't quit your job unless you know what your doing Wink

STOP eating Oreo save the orangutans
https://www.orangutan.org.au/about-orangutans/orangutan-threats/
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!