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Author Topic: When do you think is a good time to start trading ?  (Read 23386 times)
dearbesz1219
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March 30, 2017, 12:07:12 PM
 #321

Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ?
where you guys think is a good place to start a trade ? share your trading experiments and recommendation.
I also would like to know at which amount you guys started trading [ personal experiment ].


Edit :

Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section?
Thanks
Well, 0.02BTC and 0.03BTC it maybe for others that is small amount but for me that's more than enough for me to start in trading. Because when I started the actual trade that was in yobit.net I sent 0.002BTC then trade at the small capital and buy an altcoins even its shit coins just practicing only I bought altcoins amounting 1 sats only. Grin
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March 30, 2017, 04:08:32 PM
 #322

Gaining more knowledge is important than participating in trading because without any knowledge it is a waste of the money. You need to act according to market otherwise you will loose your money.

But just reading more and more about trading without participating in trading at all can sometimes be hard as well. You should try out the stuffs that you've been reading about in actual trading to actually learn. Just imagine someone reading about computer stuffs without ever having any hands-on experience with an actual computer. It's hard to learn that way. There are sites where you can do demo trading but I recommend whaleclub.co because the chart is based on real time bitcoin's price. So it would look like you are actually trading bitcoins.

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March 31, 2017, 05:48:04 AM
 #323

There is no bad time to start trading, You should invest in bitcoin and buy altcoin in lower price but be careful on the coins that you buy because more altcoin are existing but they are already a scam. And you need to more knowledge in this method to be successful keep searching for the coins that possible to increase its price.
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March 31, 2017, 06:05:02 AM
 #324

If I were to trade, I would not do that every day. I would expect to see bad news as there would be a greater chance of buying at low prices. Next I would try to be patient and have self-control to sell at the right time.

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March 31, 2017, 06:15:57 AM
 #325

There is no bad time to start trading, You should invest in bitcoin and buy altcoin in lower price but be careful on the coins that you buy because more altcoin are existing but they are already a scam.
No, if you will not be careful, you may get struck with dump hence how we could say there is no bad time to start trading. There are good and bad times for entering and exiting trades. If we are not finding them with the use of technical analysis then regretting for not being careful will be inevitable. I guess we need to be rock-solid careful for choosing altcoins, because trading altcoins is very dangerous one.

And you need to more knowledge in this method to be successful keep searching for the coins that possible to increase its price.
Yes, choosing right altcoin for our trading is the key for our success, but I do see almost every altcoin get dumped over time unlike bitcoins. I can say, with bitcoin trading we can enter to it at any time as holding it will give definite profits.
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March 31, 2017, 07:20:35 AM
 #326

Anytime you can join the trading as long as you know the basic. I know you will learn the other things and the rest that you should know as you go on. Experience will allow you to understand everything until you master it. You may encounter failure but it is part of the job.

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Sled
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April 01, 2017, 07:14:11 AM
 #327

Anytime you can join the trading as long as you know the basic. I know you will learn the other things and the rest that you should know as you go on. Experience will allow you to understand everything until you master it. You may encounter failure but it is part of the job.
I agree that anytime is a good time to start learning how to trade because it just needs some basic information and then you will be able to do trades but for the first few transactions of your trades, you will experience bad results but don't be sad if you get that results because it is part of the learning journey and somehow it will serve as a lesson for you to become a better trader.
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April 02, 2017, 09:00:15 AM
 #328

if I think of to sell tranding then that should be done is to find info about what might setedil trending matter of price, certainly if the high price I definitely sell its half.
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April 02, 2017, 09:43:57 AM
 #329

The best time is when you have enough knowledge and capital to start your trading habits. if you don't have any of those then better learn first and get the money before you decide on moving forward with trading. You should also have confidence and mental fortitude since trading can really be a mental exercise for you.
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April 02, 2017, 09:57:45 AM
 #330

It is always good to start with lowest possible amount. I have seen taking platforms which allows you to trade with as low as 0.001 BTC and if you think it is less then you don't know power of trading! With this amount if someone starts step by step and long term trading they really can get huge amount of profits and stocks.  A tip to you, you can search some of threads listed on bitcointalk itself where services provides with lowest possible trading volumes. They are legit and you can start at any time. Trading is not matter of time it is matter of how long you willing to spend on trading platform to get your goals. Trading and gambling are solely dependent on your market research and of course little bit of luck. BTC is trusted though and with proper analysis you can trade with it at any time.  Smiley

 
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April 02, 2017, 07:14:50 PM
 #331

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
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April 03, 2017, 07:24:24 AM
 #332

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
Since you are just a trader or a just getting started kind of trader, then investing or having that 0.001 capital is a good idea because that is just like a tester for the market and if you are keep doing that like investing only a small amount of money then there is a higher chance for you to understand it fast and also in a comfortable matter. So don't feel guilty if you get losses because that is normal for a newbie.
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April 03, 2017, 07:26:55 AM
 #333

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
Since you are just a trader or a just getting started kind of trader, then investing or having that 0.001 capital is a good idea because that is just like a tester for the market and if you are keep doing that like investing only a small amount of money then there is a higher chance for you to understand it fast and also in a comfortable matter. So don't feel guilty if you get losses because that is normal for a newbie.

Yes and even those traders who have become expert today would have also started with small capital when they were new to bitcoin world and there is nothing wrong in starting with a small capital as once you have gained the knowledge you can anytime increase your capital in trading.
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April 03, 2017, 07:48:01 AM
 #334

The best time is when you have enough knowledge and capital to start your trading habits. if you don't have any of those then better learn first and get the money before you decide on moving forward with trading. You should also have confidence and mental fortitude since trading can really be a mental exercise for you.
You will easily mature in trading if you are not afraid of taking risk, that means you are eager to put into practice what you have learn.
Everything depends on your skills and knowledge but that can be develop along the way, you trade with your mind not with your heart as being emotional will surely make you lose in the end, never get affected by what you feel as mos of the time you will make a baseless judgement.

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April 03, 2017, 07:56:39 AM
 #335

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
Since you are just a trader or a just getting started kind of trader, then investing or having that 0.001 capital is a good idea because that is just like a tester for the market and if you are keep doing that like investing only a small amount of money then there is a higher chance for you to understand it fast and also in a comfortable matter. So don't feel guilty if you get losses because that is normal for a newbie.

Yes and even those traders who have become expert today would have also started with small capital when they were new to bitcoin world and there is nothing wrong in starting with a small capital as once you have gained the knowledge you can anytime increase your capital in trading.
I agree with you, those experts are just newbie in their first day of trading and small capital doesn't mean being scared about the game but it is a sign that you are brave to embrace this new kind of field and test the depth of the field and study the game very well until you become an expert. Small capital or small startups are just sign of risk taking. No risk no rewards.
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April 03, 2017, 07:59:20 AM
 #336

Well , let's say you made about 0.02-0.03 BTC , can you start trading ? is there any limits for trading like minimum and maximum amount ?
where you guys think is a good place to start a trade ? share your trading experiments and recommendation.
I also would like to know at which amount you guys started trading [ personal experiment ].


Edit :

Sorry, i think i posted it in wrong section, if possible mod can you move it to the right section?
Thanks
Well as long as you are ready and know what to do in the trading platform, at any moment you can do start trade anytime you want. But if you know your not yet knowledgeable in trading don't push yourself in hurry to do it.  because you might just end of loss of money in trading exchange platform.
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April 03, 2017, 07:37:35 PM
 #337

Its not about how much money you have to trade, its all about how ready you are to start trading.
You can start trading after you learn about what kind of coins you want to trade.
You can start trading after you learn about what makes the price of that coins rise or drop.
fulfill your head with knowledge about market, and start.
This is true, these are the basic things to do for starter newbie in trading platform. Trading is not an easy to apply, its not because you can earn big profit, you can get it so easily. Well of course, there's a due process first to be happen before you experience of how to earn bitcoin in doing trade.
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April 03, 2017, 07:51:28 PM
 #338

If you are 80% familiar and knowledgeable on how trading works that will be the right time to start it. But you are unaware and doesn't idea on how it works don't take chances to get into trading it takes familiarity on a certain product on how it is popular or needed by a certain person you should familiar on your product and on a product that which you will be doing the trading.
Yes that is the right point to understand that we do not need to wait for a time but we have to look at our knowledge and experience about trade that whenever we get full knowledge about trade and whenever we know that we have the skill to trade easily then we have to start the trade.
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April 03, 2017, 07:52:15 PM
 #339

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
Since you are just a trader or a just getting started kind of trader, then investing or having that 0.001 capital is a good idea because that is just like a tester for the market and if you are keep doing that like investing only a small amount of money then there is a higher chance for you to understand it fast and also in a comfortable matter. So don't feel guilty if you get losses because that is normal for a newbie.
yeah rigth now i am getting some losses, i invested in some altcoins thinking that their price will go high and actually it is going down, so my analysis was wrong, so i dont know i sell and assume those losses or wait to see if they recover and their price go high again,
but actually btc price is going up and altcoins is going down
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April 03, 2017, 08:14:58 PM
 #340

You could even start trading with 0.01 btc.There are lots of exchanges for trading in crypto coins.You can even try the exchange found in my signature below.Since crypto market is highly volatile,its always better to start with a small amount.
i started on poloniex with a very small amount, like 0.001, and with time i have been increasing the amount, once i had a very basic knowledge of how trading works,
i guess that there is no bad time for trading, just bad decisions about on what coin to invest, that may lead you to profits or losses
agree a lot of new traders start trading from less amount of bitcoin and .001 is good amount for getting experience in trading and if you get a good knowledge about trading then you will get a good profit from trading.
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