ANY GUIDLINE WHICH SHOULD I FOLLOW TO START TRADING WITH CRYPTO?

[Flynn247]

Since i,m a newbie here, i would like to invest some money for the crypto trading. So many market place and crypto currency make me confused. Can anybody help me share your experience and give some instruction before  entering the trading world?

[joniboini]

The first step is to learn about trading, of course. You can do it easily, as internet nowadays makes it easier to access a great content for learning. Babypips, Tradingview, as well as some books about trading or crypto trading will help you a lot. Of course, you can also search and read lots of thread in this sub-forum (there's actually a lot of thread that basically the same with this thread). Learn both technical, fundamental and sentiment analysis. In the long run, you'll be able to use them wisely as long as you've been practicing it a lot. You can also try some trading simulator such as such as Investopedia, or etc. The next step you should do is to select a good/proper exchange.

However, you should not wait until you become an expert before you go trading, you can do it while you learn. Of course, only use the money you're prepared to lose. Don't use all of your lifesaving 'cause it might destroy yourself.

[manggis97]

Before you start in real account,  for the better learn it in demo account first,  and HITBTC exchange offer that.  And to trade in real account,  for the better use Binance exchange that has highest daily trading volume and other important thing they has stop loss feature to reduce the risk in every trade. 

[cola-jere]

Since i,m a newbie here, i would like to invest some money for the crypto trading. So many market place and crypto currency make me confused. Can anybody help me share your experience and give some instruction before  entering the trading world?

My rules for crypto trading:
1. Invest only what you can afford to lose and still be able to sleep at night if it becomes 0 value.
2. Cash is also a position (USD or USDT), Always reserve some % of your portfolio in case the following happens. i reserve 10 to 15%:
  2.1. If you need immediate cash, you don't need to sell your coin or token at a loss.
  2.2. You can buy your favorite coin or token if a big dip happens. This way, you won't have to say, I wish I had cash and bought that dip 
3. Stay alert for new, crypto is new driven

Good luck on your crypto trading journey!

[Rrtt]

Since i,m a newbie here, i would like to invest some money for the crypto trading. So many market place and crypto currency make me confused. Can anybody help me share your experience and give some instruction before  entering the trading world?

Cryptocurrency is known to be extremely volatile, but good trading habits allow to soften losses and to maximize  gains just bear in mind that to achieved significant results traders need  different strategies, some of gains can be categorized as a luck but an overall success is being achieved by a hardwork based on fundamental principles, right habits and experience.

[LogitechMouse]

When I am starting to trade, I joined with some telegram groups full of traders. I always asking them this questions:
- What are your guides in trading? They answer, just watch on the internet and go to the trading discussion on the forum. If you have answer, just ask here.
- What indicators are you using? Most of them are using RSI, MACD, Bollinger Bands and Stoch RSI although there are some using Fibonacci Retracement.
and many more..

There are no guidelines in crypto trading. If you want to start, you should know at least how to read candles and how to use indicators. Don't forget to watch some youtube videos and try to learn from them. Start with a small amount of capital in your first trading so that if you lose, you won't feel any regret and its normal for new traders to lose their money.  Don't put emotions in trading because it will make all of your money lost. GOOD LUCK!!>

[Flynn247]

Before you start in real account,  for the better learn it in demo account first,  and HITBTC exchange offer that.  And to trade in real account,  for the better use Binance exchange that has highest daily trading volume and other important thing they has stop loss feature to reduce the risk in every trade. 

thank you so much.. i sure follow your instruction... and can you please tell me which crypto should i choice to trade in? Also, what should be basic trading strategy? How i get that?

[Awesomus Maximus]

and can you please tell me which crypto should i choice to trade in? Also, what should be basic trading strategy? How i get that?

In my opinion, any trading pair is good, as long as you can make some money. The only strategy that matters is buy cheap and sell expensive (or the other way around). But sure, you can find many elaborate strategies, you can use trading indicators and what not. But at the end of the day you can trade just by looking at the charts, and there are people who make a shit load of money without any complicated strategies.

[Mister1k]

Since i,m a newbie here, i would like to invest some money for the crypto trading. So many market place and crypto currency make me confused. Can anybody help me share your experience and give some instruction before  entering the trading world?

If you are newbie in trading field. You will be go with the Youtube videos which has the review and answer about all your questions mate. Those Trading site channels may have their own channels on Youtube it will be also good one for you understand the project well.

Kindly check some article also it will be also give your good exposure to understand the trading well and good.
General thumb rule, invest on the cryptos when it falls and sell the coins when it goes to peak value.

[jakezyrus00]

Since i,m a newbie here, i would like to invest some money for the crypto trading. So many market place and crypto currency make me confused. Can anybody help me share your experience and give some instruction before  entering the trading world?

My suggestion to you is to do signature campaign first, that is what I did. You do signature campaign so that you can earn tokens as pay for your service to the project you have joined. In that case, if you already have tokens then you can do trading coz you already have some funds. If you do signature campaign, there is no need to bring out some money.