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Author Topic: Trading Newbie  (Read 22137 times)
btvGainer
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August 22, 2016, 11:03:35 AM
 #21

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
First thing you must know before you tries your hand with trading is that it involves risk so never put too much money into it.
You can try to invest in some ICO and if you are lucky,you can make good profit
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August 22, 2016, 01:10:58 PM
 #22

To do trade with Bitcon and/or altcoin, firstly you need exchanges, which you can find here http://coinmarketcap.com/exchanges/volume/24-hour/. Then check Bitcoin and/or altcoin prices for some weeks and then start to trade - buy at low and sale at high.  Grin
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August 22, 2016, 02:29:58 PM
 #23

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 still think the first thing that should be done is by looking for the crypto currency that you will trust, then try to know more about it specially its history and some charts about it that says how the fluctuation go. That is the basic things that aee needed in my opinion. But you can create your own one in how you will do it.
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August 22, 2016, 02:44:16 PM
 #24

at first make sure you sign up to a solid exchange. for bitcoin trading stick to bitstamp, btc-e, kraken as these exchanges are the good guys in the world of bitcoin exchanges. when it comes to altcoin trading stick to poloniex. since you don't have any experience at all, i would advice you to install an app that allows you to trade bitcoin and any kind of altcoin with virtual (not real) money. the name is blockfolio in google play store. it's a free app.
~Bitcoin~
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August 23, 2016, 03:37:33 AM
 #25

There are many trading platforms i am using right now poloneix, bittrex, yobit = for altcoin trading and for bitcoin trading i am still strugling to try any new exchanger after bitfinex got hacked.

There are many rules in trading but one of the most important one is to never buy any coin when it is pumping and price is in its top and never sell at bottom price. Patience is the key of trading as well as it is quite risky so don't put more than you can afford to loss in trading.

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August 23, 2016, 03:54:41 AM
 #26

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 have traded ETC ( altcoin) on poloniex market, and i use analysis tecnical for it and you can check the candle for make prediction of price at https://cryptowat.ch/poloniex/etcbtc/1h and i use strategy long term between 1 day up to 1 week.
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August 23, 2016, 05:49:07 AM
 #27

my suggestion is do some research on trading before investing . if you want to trade ,do it on legit sites which running from long time. and do not invest all eggs in one basket , diversify your investment , at the beginning invest only small amount , get complete experience and then start trading with you skill that you gained.

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August 23, 2016, 06:51:51 AM
 #28

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

For a newbie they must know that trading is not easy that it seem.  You need to spend time for research and gossips.  Visit troll box for news outside the forum but never believe everything that is said in there else you will lose alot.  Try to trade cheaper coins to lessen your lost, And don't put all your eggs in 1 basket.
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August 23, 2016, 07:47:09 AM
 #29

I also want to learn how to trade in a minimum amount I'll watch this thread for a tips and any idea how to trade, what's that called ah Elliot's wave is this strategy was effective in some ways?
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August 23, 2016, 08:58:45 AM
 #30

I also want to learn how to trade in a minimum amount I'll watch this thread for a tips and any idea how to trade, what's that called ah Elliot's wave is this strategy was effective in some ways?

Yes, Elliot work well on long time investment  Smiley

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August 23, 2016, 09:49:27 AM
 #31

If you really want to learn about trading in Altcoin, then you can check Altcoin section -> altcoin announcement under this section you can see lot of new coins releasing and giving free coins before launching the coins in exchanges so with that coins you can learn the trading and after you get experience you can start investing and do trading.
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August 23, 2016, 10:00:17 AM
 #32


If you are looking for a trading altcoin check my signature many altcoin there are new release also you can buy cheap altcoin there.
Almost new altcoin is always release in yobit so check it out.

never try youbit, one of the worst site ever I have ever seen. there are no admins, to solve your problems and answer the questions or tickets, many bugs and errors. dice on there site is the worst dive you would ever meet. 100% sure no probably fare.


stay away from this shit site such as yobit
Hahaha but you need to visit on yobit signature thread for getting more information about that, and just not making any offensive and bullshit post, and why there are many people is believing to trading in them until this time? Roll Eyes

Regards.

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November 20, 2016, 11:56:24 AM
 #33

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
If You Want to Start Trading Firstly You Need to Choose a Reputable And Paying Exchanges to Trade Like Yobit.net, Poloniex.com That are Widely Used By Many Traders and After Then You Need to Know about the Risks Involved in Trading and After that You Need to Choose a Altcoin to Trade and Keep the Following  Points in Mind When Choosing a Altcoin in Which You Want to Invest:-
1) Firstly Know About the Supply and Demand Of the Particular Altcoin and Also Check the Market Cap Of that Altcoin On Coinmarketcap.com Website....
2) After that  Check about the Team Who is Operating the Particular Altcoin and Research about that Altcoin on the Internet and then You can Invest in the Particular Altcoin But Always Invest in Legit Coins Like Bitcoin, Litecoin, Dogecoin, Etherum, DBIC Etc.....

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November 20, 2016, 03:47:22 PM
 #34

You ned to learn the basic of trading,  after learning the basic then comes the practice.  First thing, if there is a troll box, never follow or believe what that chat box says instead most of what is stated there is the opposite to happen.   Choose an altcoin and research info about it.  If you got your first stock to trade, have patience it will help you alot, but be vigilant and monitor the market closely if anything goes wrong try to cut your loses by selling your coins before the coin become worthless.  Never forget to obeserve  the buy support and the sell wall. It will definitely tell you if the coin is just being manipulated.

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.HUGE.
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November 20, 2016, 04:05:11 PM
 #35

To do trade with Bitcon and/or altcoin, firstly you need exchanges, which you can find here http://coinmarketcap.com/exchanges/volume/24-hour/. Then check Bitcoin and/or altcoin prices for some weeks and then start to trade - buy at low and sale at high.  Grin

Yes, choosing right exchange is a crucial part and the whole structure of profit and loss depends on various fees (and the fees vary from exchange to exchange). Another thing is strategy, buying low and selling high is general tendency but on many exchanges we can short sell coins including bitcoin so there is another opportunity with this method.
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November 20, 2016, 04:19:49 PM
 #36

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


Start with something easy for example: Dogecoin. Why? Because its low fee and you wont risk alot of money.
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November 20, 2016, 04:28:37 PM
 #37

I think of the viewing experience, or discuss it with others, the best thing for that is to try it first, and then learn it. yeah, but you must have a strong determination to get started. Well, if you're confused where to start from, maybe you should look for a demo of trading, or you try it on sites like bittrex trading altcoin or poloniex. Well, I also play trading for the first time at the site


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November 20, 2016, 04:31:20 PM
 #38

When you start trading, you must realize that you need huge money for good profit, there is always risk when you trade and it smally depends on luck, not only on statistics. For starting, it's good to use free demo trading platforms, it will help you a lot but I don't know if there is similar website with bitcoin trading. Also read many books about trading by professional traders and when you realize that your trading with demo points is good and you have skills and trust yourself, than start trading with real money.

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November 20, 2016, 04:42:51 PM
 #39

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
In trading first you ned to understand how it works when you love trading already then you don't need to discuss some etc in your self reading some ideas and then try to entertain people who already know about trading and ask him for some advices that can help you to do trading when you are newbie you need to go in trading in short tearm by buying cheap coins.

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Idrisu
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November 20, 2016, 05:06:49 PM
 #40

As a newbie to trading, the first thing you should desire about trading is to find out from expert the technical and fundamental issue or analysis of the trading. Although trading bitcoin, altcoin or forex entails alot of risk those who lean the trading skill and money management really make it.
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