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Author Topic: Trading Newbie  (Read 22191 times)
tigerwood0432
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January 02, 2017, 07:40:31 PM
 #181

Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool


here is an invite code :

https://www.okcoin.com/?invid=2021275

you can buy/sell bitcoin with 20X leverage or you can just lend it and make some very good compouding yearly interest


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mrbigmugs
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January 03, 2017, 08:50:41 PM
 #182

I'm kinda new to it too. So my only advice would be. If you're going long on a coin don't check the price everyday. It can drive you nuts to see it go down and up and down again.
although trading depend on your experience and not on your rank so if you are newbie and still have good experience in trading then you can surely show good result in trading, but if you are hero member and you do not have any experience in trading hen you need to get some experience first in trading and after that you can become a successful trader.

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January 04, 2017, 04:39:09 AM
 #183

I'm kinda new to it too. So my only advice would be. If you're going long on a coin don't check the price everyday. It can drive you nuts to see it go down and up and down again.
although trading depend on your experience and not on your rank so if you are newbie and still have good experience in trading then you can surely show good result in trading, but if you are hero member and you do not have any experience in trading hen you need to get some experience first in trading and after that you can become a successful trader.


Agreed but usually newbie here is newbie too in butcoin trading like me, i have some question about trading
- how to read chart to minimize wrong timing action?
- i interest with altcoin trading, how much minimum bankroll to start?
- i've heard a little bit about poloniex and bittrex exchange, what better exchange to get more experience in trading for newbie?

CROYA86
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January 04, 2017, 01:24:24 PM
 #184

I'm kinda new to it too. So my only advice would be. If you're going long on a coin don't check the price everyday. It can drive you nuts to see it go down and up and down again.
although trading depend on your experience and not on your rank so if you are newbie and still have good experience in trading then you can surely show good result in trading, but if you are hero member and you do not have any experience in trading hen you need to get some experience first in trading and after that you can become a successful trader.


Agreed but usually newbie here is newbie too in butcoin trading like me, i have some question about trading
- how to read chart to minimize wrong timing action?
- i interest with altcoin trading, how much minimum bankroll to start?
- i've heard a little bit about poloniex and bittrex exchange, what better exchange to get more experience in trading for newbie?

you can try to trade in mercatox.com on this site has not been open long so the price is still relatively cheap
You can buy as much as possible to invest in a few months because of Merca will surely rise as visitors have a lot, good luck
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January 04, 2017, 01:43:19 PM
 #185

- i've heard a little bit about poloniex and bittrex exchange, what better exchange to get more experience in trading for newbie?

As far as i know poloniex.com have so many alternative coin options to trade rather than bittrex. Even though poloniex have available so many alternative coin but i prefer you keep carefully if sometimes the price of altcoin goes down. Better you trade popular coin which many people interested trade their money on it.

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January 04, 2017, 01:58:10 PM
 #186

Start at small capital. You can try what I have tried before, a mobile application; the Sparkprofit. It can help you out to learn the basic of trading, it is also highly recommended you to study first of course; make a research about trading. You can find a lot of it using internet, nothing is impossible. You may also approach expert and ask for some tips and advice.

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January 04, 2017, 04:11:52 PM
 #187

Are a lot of threads here on forum, about this, so search there and you'll find a lot of good solutions.
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January 05, 2017, 10:12:32 AM
 #188

Are a lot of threads here on forum, about this, so search there and you'll find a lot of good solutions.
The most important thing in trading is that don’t blame yourself when the predictions don’t go your way, if you lose some it is okay you just have to try again and learn from your mistakes because that is what life is all about, start trading with a small amount and never go fast just be patient and plan your trades.
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January 05, 2017, 10:56:28 AM
 #189

Are a lot of threads here on forum, about this, so search there and you'll find a lot of good solutions.
The most important thing in trading is that don’t blame yourself when the predictions don’t go your way, if you lose some it is okay you just have to try again and learn from your mistakes because that is what life is all about, start trading with a small amount and never go fast just be patient and plan your trades.

yes its true, and i see that many traders has blame other people which give their prediction for the coins and i think its a wrong. trading is like we do it with our money and we should make our prediction but if our prediction is wrong then you can consider the mistake as your lesson so you can learn again and again until you can book a good profit.

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PokerFace3
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January 05, 2017, 10:22:35 PM
 #190

Always unpredictable job is trading because it completely depends on user base and user active trading, trading is not an easy task to assume and implement behind we need to calculate lot of things before entering into picture. I hope you plan according the movement, you have to plan according to the movement and you have to take steps wisely in order to profit.
Trading in my opinion is something that always depends on luck, of course you can calculate sometimes whether or not it is going up or down but you can never be sure of it, because it depends on many fact  that we cannot intervene with , so the way I see it trading is like gambling with lesser risks.
I think trading also need some good experience, as it is not only depend on your luck, for trading it is important that you have sound knowledge about trading and you should also have knowledge about where you want  to invest your money, you must also have good skill of trading if you want some good result from trading.
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January 05, 2017, 10:23:53 PM
 #191

for me to be able to start trading it took a long time to be proficient in trading, because of the experience was the one that will lead us to become proficient, do not forget to continue sharing with more experience,
congratulations greetings learning successful trading
Yes, if you want to become a perfect trader you need give more time to trading and first get some good experience in trading and only then you can become a good trader, in start you need to invest a small amount in trading and tray to get experience skill trading tips from experts and then you can become a good trader.
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January 05, 2017, 10:24:30 PM
 #192

Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool


here is an invite code :

https://www.okcoin.com/?invid=2021275

you can buy/sell bitcoin with 20X leverage or you can just lend it and make some very good compouding yearly interest

Do you think, giving a trade newbie a code for an exchange where he leverage his trades 20 × is a good idea without giving him the notice, what leveraging trades mean and what the risks are?  I don't think so.  http://www.investopedia.com/articles/forex/082813/how-leverage-used-forex-trading.asp

//alex
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January 06, 2017, 12:57:43 AM
 #193

Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool


I would refer Ccex, Poloniex and Bittrex. I started trading @Ccex a good platform very friendly user. Just be careful in trading alts, research, ask your mentor what to buy. Don't listen to fudders on trollbox . Avoid trading with emotions. Do not put all your funds into 1 alt. Lol and yes buy low sell high. Good luck..

Lion BItcoin Shop
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January 06, 2017, 01:01:15 AM
 #194

Start at small capital. You can try what I have tried before, a mobile application; the Sparkprofit. It can help you out to learn the basic of trading, it is also highly recommended you to study first of course; make a research about trading. You can find a lot of it using internet, nothing is impossible. You may also approach expert and ask for some tips and advice.

agree it, you must starting with small capital, then you can try your best method to take profit, when to buy and when to sell.
for me with 0.1btc at first time is good enough capital. then if you can multiple it, you can deposit maybe 2-3btc

bravehearth0319
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January 06, 2017, 06:35:43 AM
 #195

Hey all.  So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else Smiley

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

Regarding about the thing that you wanna know, you can start trading in novaexchange, bittrex, alcurex, or c-cex those exchange are good to start for a newbie like u.
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January 06, 2017, 12:57:07 PM
 #196

i am newbie too in trading, i usually using poloniex for the best choice and bittrex for the other. because its user friendly for newbie and there are it have potential altcoin for trading.
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January 06, 2017, 07:20:57 PM
 #197

I'm kinda new to it too. So my only advice would be. If you're going long on a coin don't check the price everyday. It can drive you nuts to see it go down and up and down again.
although trading depend on your experience and not on your rank so if you are newbie and still have good experience in trading then you can surely show good result in trading, but if you are hero member and you do not have any experience in trading hen you need to get some experience first in trading and after that you can become a successful trader.

Yeah trading depends on the experience which he is mentioning in terms of experience he is saying that he is newbie and not in terms of the ranking of this forum. The best way to start trade is to learn at online tutorials or from an expert.
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January 07, 2017, 07:32:53 PM
 #198

yobit is a site with so many cheap altcoins that maybe match for new people which want to learn trading, but always be careful because in yobit, you should learn how to choose altcoins and buy when its cheap and sell when it gets pump. the up rate is not always get pump but sometimes the rate will up almost 10% until 50% sometimes it reach about 90% or more. just watch out about the rate and get prepare to buy or to sell.

That's right, it is really good to recommend yobit.net for a newbie to learn trading. They can practice trading properly through different cheap coins in that exchange platform. Because most of the time pump and dump always happened in there.
Not just yobit but there are some other good exchange like poloniex, bitfinex and so many other from where you can gain good experience and trading tips of trading, you can also invest a small amount of bitcoin in alt coins for getting experience as there is no limit of investing in alt coins.
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January 08, 2017, 12:41:50 AM
 #199

Be patient in trading. Like what others said, dont invest too much. Dont listen in the chatbox. The thing there is INVEST WHAT YOU CAN AFFORD TO LOSE.



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January 08, 2017, 06:05:51 AM
 #200

Be patient in trading. Like what others said, dont invest too much. Dont listen in the chatbox. The thing there is INVEST WHAT YOU CAN AFFORD TO LOSE.
right, important is believe yourself because we usually loss of confidence when trading
Patient is good but need to combine with campaign and invest intelligent

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