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Author Topic: I want to start trading  (Read 19202 times)
rocketbits
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July 13, 2018, 11:34:07 AM
 #481

Me too, watch youtube for some tutorials.
Not only YouTube and tutorials. That is going to give you half of the knowledge actually. You should also focus on the market and should have the ability to evaluate crypto so that it can maximize the future profit. Besides, learning directly from some one who has been in the business for some time and who knows pretty well about trading crypto is great and can enhance your strategy. Having good plan will make you a good trader.
LordDisick
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July 13, 2018, 11:57:14 AM
 #482

I don't trade coins though but I assume its less risky to stick to the coins that are already on top and has been traded regularly.
The great thing with yobit is that you can get free new coins to test its waters.

It means a lot,  choosing the best coins is the best option in trading.  Trading is not easy because there is more risk by investing in a coin but choosing the best may limit our risk.

I totally agree its not really easy to trade coins right now. Before you start trading you should be able to determine which coins that will make you good profit. Make a research first before taking a risk.
Kirito-kun
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July 13, 2018, 12:08:08 PM
 #483

I don't trade coins though but I assume its less risky to stick to the coins that are already on top and has been traded regularly.
The great thing with yobit is that you can get free new coins to test its waters.
Indeed, if someones going to enter in this field, it is better if they will pick the coins that should be the one that is already on top of market so you can guarantee that the profit will be good. However, it is also better if they will take the risk of trading into other coins because sometimes they can be more profitable than to those top coins. The higher the risk the higher profit they will get.

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2@abcdeeply
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July 13, 2018, 12:11:29 PM
 #484

I want to start trading, if you want to start trading I think you should learn how to trade, learn how to minimize risk, I think you should up youtube learning will help you improve your knowledge.
Rebisco
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July 13, 2018, 12:14:22 PM
 #485

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
You should have courage and self confidence if you want to start trading. Weak hands are the traders who always experiencing losses. If you want to not lose, then you should have a lot of patience and you should have self control.
BaraxLo
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July 14, 2018, 08:07:19 AM
 #486

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
Taking risks are part of becoming a cryptocurrency trader. Do no afraid to take the risks for you to not panic and make better decisions. Trading cryptocurrencies are not easy job, it requires a lot of strategy for you to perform well.
That is right. Risk is one hurdle that often keeps people away from investing in a particular asset. But there are some people who do not follow this strategy and simply prefer the future profit over the current market risk. Such people often get the opportunity to cash big hand in the market. This is one good strategy to make good investment decisions and panic is something that incur you nothing but loss.
Bosx1ne
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July 14, 2018, 08:21:18 AM
 #487

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
Trading is not easy as you think, there are a lot of strategies and techniques that you should do in order for you to make money. It is less risky if you will trade coins that belong in the top 20 cryptocurrencies in terms of capitalization.

hungsanh2512
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July 14, 2018, 09:50:52 AM
 #488

At the moment, trading is a difficult job for everyone can do, If you do bounty and issue coins, I think you should wait and sell it.
You should not take it to trade because it will make you lose money.
I see Yobit site is quite small, you need to refer to the big sites like Binance, Hitbtc ..
TheGreatPython
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July 14, 2018, 10:48:05 AM
 #489

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
Trading is a good source of profits but it is not that easy, if you're a newbie you better to do a proper research first for you to have a knowledge about trading and on how to distinguish a good coin that you can use for your trading.
It is not just starting trading. It is meeting the entire eligibilities to be a good trader. For that, you would need to be a good market observer and must have perfect knowledge about the technology. This will actually help you play the half game. The rest depends on the plan and strategy and that how much efficient you are in dealing with risk and future profit and the trade off between both.

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mekie
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July 14, 2018, 11:06:07 AM
 #490

Trading will always involve risk-even when you have done as much research as possible factors outside your control may result in a loss; for example using  a commodity as an illustration: You have bought oil futures at a high price as you think the price will go up as a conflict between 2 major producers threatens supply. O.K. So Oil prices are high due to a hypothetical conflict between 2 major oil producing countries, then suddenly they announce that as a result of behind the scenes negotiations they have reached a peaceful settlement and to rebuild their economies they will start pumping lots more oil. This oversupply results in a dramatic drop in price and the result is you get wiped out financially.
The same applies to crypto, people lost lots of money by buying a some months ago when Bitcoin was near it's peak and then, it dropped quickly and by a large amount.
Essentially you can not eliminate the risk completely, just minimise it.
Spread your risk by having a diverse portfolio including crypto but not exclusively so.

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wahyu wida
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July 14, 2018, 11:58:31 AM
 #491

Trading is good and the reward can be thrilling given the fact that it can be withdrawn daily.I use to enjoy it a lot during the bull market.Now it is far more difficult.I guess one really has to be good at it
but it's not that easy for consistent profit every day. especially if we are trading daily, certainly require more concentration. besides that we must learn discipline to the analysis we have made
nano77
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July 14, 2018, 12:22:39 PM
 #492

trading has high risk and it takes knowledge and skill to get profit, you should be able to analyze and predict price movement of coin so you can know which coin will give you opportunity to get profit
Grimjhow
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July 14, 2018, 12:28:46 PM
 #493

I think you can start doing now, because now the price of altcoin is still low, so you will get a lot of profit by waiting for higher price increases in the future.
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July 15, 2018, 07:08:54 AM
 #494

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.
They say experience is the best teacher, I became expert in cryptocurrency trading because of experience. Even you enter to the trading world with enough knowledge, I am sure that you will experience loss. It is normal to experience loss because it is normal for us to become successful trader.
Well said mate, our experience is our great teacher, when we get into something we become so hopeful that one day it will surely give us good profit, so instead of wasting our time get into trading because later on you will be regret of not buying at the lower price, our each and every mistake use to teach us something which is repeatable, so take your patience and your determination to be a good trader.
gohan21
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July 15, 2018, 08:27:43 AM
 #495


This topic is a long time but I'm also very thankful that I have read a lot of ideas about trading and how to start trading and trade altcoins right now.
jeraldskie11
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July 15, 2018, 08:55:04 AM
 #496

There have been a lot of scam coin existing. According to my experience in trading and I wanted to share this experience to you. I really scammed by a project that I expected to be the best crypto in world but I'm wrong. This is a good a lesson to all traders here. So this is my advice to you, invest only a cryptocurrency which is belong in the top 100 biggest market capitalization.

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July 15, 2018, 09:16:29 AM
 #497

If you want to trade one you should know is that you should know about crypto and how to see the market. and the important thing to trade is you have to be patient.
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July 16, 2018, 10:08:12 AM
 #498

Short term stock trading is a zero sum game. To win someone else always has to lose. So the questions to ask yourself are - who else is trading the asset or derivative that you're trading. Are you smarter than the other guys trading it? What is your edge and why is your strategy superior?
Be honest with yourself. The fundamentals always comes back at the end of the day. You might have an incredible run of luck and make a bunch of money but unless you can explain how you did it and replicate it over and over and over again, it doesn't mean you're a good trader - it means you're a lucky gambler.
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July 16, 2018, 10:27:34 AM
 #499

Okay so I don't really have any idea which coin is which and which of those are good to trade and which are not.
Since I am currently enrolled in yobit campaign, I figured maybe I can do something profitable with the coins that I get from the campaign so I thought maybe I can start trading.
Do you guys recommend yobit in trading altcoins?
Also what coins do you guys suggest I trade? I want profits and not loses so any tips you guys can give me are really appreciated.

if you want to start with such a business and you do not have enough knowledge do not you want to have it but rather ask someone else to know enough to have the idea before you go into that business
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July 16, 2018, 10:44:20 AM
 #500

If you want to start trading, you must must try and first get knowledge on how to start trading. You also need to make researches to know which coins you would be trading as well. Always learn how to minimize your losses and increase your gains. These are the secrets to trading
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