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Author Topic: Trading Newbie  (Read 22137 times)
BingoDog
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November 20, 2016, 06:26:52 PM
 #41

Rule number one- don't invest in.trading more then you can afford to lose. Cause you will sometimes loose that is certain. And take advices from experienced traders who know what they are doing. Start wie small amounts until you get some experience.

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November 20, 2016, 11:01:14 PM
 #42

first you should study and learn at least basics about trading
online courses or videos will give you the basic idea
start with a low amount and send to one of the online exchanges to try your hand at real life trades
you learn faster when you trade yourself,so pick a sum that you are not afraid to lose and start trading
at Yobit you can start with 10.000 satoshi,their support suck but they are the best place for a newbie to learn the ropes

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richmcrich
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November 21, 2016, 04:56:30 AM
 #43

Rule number one- don't invest in.
But unlike gambling, we cannot start with zero investment with trading. We must spend some bitcoins from our hand in order to get start with trading. But some exchanges are giving free altcoins on regular basis but they are not enough for any trader to get start with.

take advices from experienced traders who know what they are doing.
In my experience trading on our own knowledge must be the right one. We can listen to advises from veteran traders but just to learn trading certainly NOT during the hours of trading. Doing our own analysis must be the right way.

Start wie small amounts until you get some experience.
Yes, increasing trading capital along with our experience will help us always to trade with calculated-risk levels.
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November 21, 2016, 05:03:39 AM
 #44

first you should study and learn at least basics about trading
online courses or videos will give you the basic idea
start with a low amount and send to one of the online exchanges to try your hand at real life trades
you learn faster when you trade yourself,so pick a sum that you are not afraid to lose and start trading
at Yobit you can start with 10.000 satoshi,their support suck but they are the best place for a newbie to learn the ropes

experience really make us understand how things works better to assess yourself after you made your research if how far can you risk your money
its not a go to win and earn always start with some mistakes but as time goes you will understand and make good analysis from there trading would be another venue for you to earn some or if lucky enough big earnings.
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November 21, 2016, 05:09:07 AM
 #45

first you should study and learn at least basics about trading
online courses or videos will give you the basic idea
start with a low amount and send to one of the online exchanges to try your hand at real life trades
you learn faster when you trade yourself,so pick a sum that you are not afraid to lose and start trading
at Yobit you can start with 10.000 satoshi,their support suck but they are the best place for a newbie to learn the ropes


learning how to trading is a good advice and this is true beside not many of us that will want to learn trading while they directly to buy the altcoin without knowing anything and this can make they loss. trading bitcoin with altcoin is not same as trading forex, we need to make analyze of the coins we want to buy, so if you have learn then i think you will know and you can start trading.

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November 22, 2016, 03:09:19 PM
 #46

there are plenty blog or sites which have good contents how to do trading with the right way and learning step by step that would be more good rather than asking to someone because i'm pretty sure advice from someone else not always good and usually with the experience makes you will find the right method how to earn money from trade bitcoin or altcoins
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November 22, 2016, 03:18:36 PM
 #47

You can try Yobit although it is known as a not very good site for trading. Anyway, as long as you are new to trading, Yobit can be a great opportunity site which you can gain experience and skill, as well as making friends. However, if you really want to trade in the serious way, it will consume most of your time to learn and read books, study trading course and meet some experts in this field for further studying.
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November 22, 2016, 03:19:28 PM
 #48

first you should study and learn at least basics about trading
online courses or videos will give you the basic idea
start with a low amount and send to one of the online exchanges to try your hand at real life trades
you learn faster when you trade yourself,so pick a sum that you are not afraid to lose and start trading
at Yobit you can start with 10.000 satoshi,their support suck but they are the best place for a newbie to learn the ropes


learning how to trading is a good advice and this is true beside not many of us that will want to learn trading while they directly to buy the altcoin without knowing anything and this can make they loss. trading bitcoin with altcoin is not same as trading forex, we need to make analyze of the coins we want to buy, so if you have learn then i think you will know and you can start trading.

LOl the mere fact that they are both trading simply means they are the same the only difference is the environment and approach on how you will adjust with the market.  Forex trading and altcoin trading both needs basic knowledge in trading.  They have the same goal of exiting with profit and both needs chart and data analysis to somehow predict the movement,  Same thing for serious altcoins but not applicable to shitcoins and scamcoins.   analyzing is also done in your holding whether it is in forex or in altcoin trading market.  Both needs research and wise decisions. (forex trading and altcoin trading.)

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November 23, 2016, 05:57:54 AM
 #49

C-cex is one of the most ok trading site..
When the peice is pump sell and when the price is dump just buy a coin Smiley
Remember don't trust new coin



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November 23, 2016, 06:19:49 AM
 #50

If you intend to engage on  altcoin/bitcoin trading then its better to choose reputable trading platforms like poloniex,bittrex and ccex  which you could able  to trade there and my tip for you is dont trade on huge amounts on the start better to start on small amounts and keep searching on the internet on the  definition and terms when you do trading and also when you get it already just dont be greedy or  dont have patience becaue you will surely lose.

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November 23, 2016, 06:55:03 AM
 #51

You can try Yobit although it is known as a not very good site for trading. Anyway, as long as you are new to trading, Yobit can be a great opportunity site which you can gain experience and skill, as well as making friends. However, if you really want to trade in the serious way, it will consume most of your time to learn and read books, study trading course and meet some experts in this field for further studying.
It is known to have a bad customer support but it's just the same as other trading sites. The only difference is the interface and I think the interface of YoBit is actually pretty good. It's very intuitive and doesn't take that much traffic. I also agree that you should read different articles from different authors to see different point of views and techniques in trading. Just an addition, do not listen to the trolls in the chat box. They want to hype their coin up that's why they tell you to buy that coin.

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November 24, 2016, 05:06:51 PM
 #52

You can try Yobit although it is known as a not very good site for trading. Anyway, as long as you are new to trading, Yobit can be a great opportunity site which you can gain experience and skill, as well as making friends. However, if you really want to trade in the serious way, it will consume most of your time to learn and read books, study trading course and meet some experts in this field for further studying.
It is known to have a bad customer support but it's just the same as other trading sites. The only difference is the interface and I think the interface of YoBit is actually pretty good. It's very intuitive and doesn't take that much traffic. I also agree that you should read different articles from different authors to see different point of views and techniques in trading. Just an addition, do not listen to the trolls in the chat box. They want to hype their coin up that's why they tell you to buy that coin.
Chat box is bullshit. They are all scammers who try to pump and dump some stupid currency. In order to succeed in increase a coin, they try to persuade people to follow them by deceitfulness. GTFO chat box.
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November 24, 2016, 06:14:23 PM
 #53

you can use the site bittrex.com, I think there you can start your first trade, the thing to note is that you can play with altcoins which have a large volume  Wink
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November 25, 2016, 06:54:03 AM
 #54

If you intend to engage on  altcoin/bitcoin trading then its better to choose reputable trading platforms like poloniex,bittrex and ccex  which you could able  to trade there and my tip for you is dont trade on huge amounts on the start better to start on small amounts and keep searching on the internet on the  definition and terms when you do trading and also when you get it already just dont be greedy or  dont have patience becaue you will surely lose.
I think selection of exchange is not a problem but the main problem is the selection of alt coin, and specially for a newbie, who do not have any study and information of alt coin, therefore I will always recommend to start trading from selection a very very cheap price coin which cannot hurt you much if the price fell down. You just need to gain experience in start.
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November 26, 2016, 05:29:14 PM
 #55

If you intend to engage on  altcoin/bitcoin trading then its better to choose reputable trading platforms like poloniex,bittrex and ccex  which you could able  to trade there and my tip for you is dont trade on huge amounts on the start better to start on small amounts and keep searching on the internet on the  definition and terms when you do trading and also when you get it already just dont be greedy or  dont have patience becaue you will surely lose.
I think selection of exchange is not a problem but the main problem is the selection of alt coin, and specially for a newbie, who do not have any study and information of alt coin, therefore I will always recommend to start trading from selection a very very cheap price coin which cannot hurt you much if the price fell down. You just need to gain experience in start.
yes i also  agree with you i think selection of alt coin  is not an easy job you have to  do some study about a currency and must get some good information and only then you can make money in alt coin otherwise it is one of the most difficult job to make money in trading,.

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November 26, 2016, 05:41:16 PM
 #56

If you intend to engage on  altcoin/bitcoin trading then its better to choose reputable trading platforms like poloniex,bittrex and ccex  which you could able  to trade there and my tip for you is dont trade on huge amounts on the start better to start on small amounts and keep searching on the internet on the  definition and terms when you do trading and also when you get it already just dont be greedy or  dont have patience becaue you will surely lose.
I think selection of exchange is not a problem but the main problem is the selection of alt coin, and specially for a newbie, who do not have any study and information of alt coin, therefore I will always recommend to start trading from selection a very very cheap price coin which cannot hurt you much if the price fell down. You just need to gain experience in start.
yes i also  agree with you i think selection of alt coin  is not an easy job you have to  do some study about a currency and must get some good information and only then you can make money in alt coin otherwise it is one of the most difficult job to make money in trading,.
Many newbies are relaying in troll box that honestly it can not help they are just promoting what they are holding.. the better ways is research about the altcoin background check security and developers is true info. because many people here are fake info..
Also one of my tips better to choose the top 20 altcoin in coinmarketcap.



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November 27, 2016, 01:34:42 AM
 #57

Find an exchange with a good trading platform. The start out small to develop your own strategy and learn. The main rule of thumb is buy low and sell high.

 
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November 27, 2016, 01:55:54 AM
 #58

C-cex is one of the most ok trading site..
When the peice is pump sell and when the price is dump just buy a coin Smiley
Remember don't trust new coin
Remember never keep all your amount in one bucket, like put all of your money in 1 exchange but too many good exchange site in this time.It will become a good way to use all of the real exchange sites and will teach you about the experience for use each exchange site.
Trust a new coin was being the risky act right now, even over 90% of them have made for a bullshit purpose.

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November 27, 2016, 02:04:09 AM
 #59

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

Well if you are looking for a site to trade with. I suggest you choose C-cex.com it is a very easy platform to use especially with the new trader you use. Well simple, stay away from scam coins and make sure to be a disciplined trader. Set aside your feelings and have an open minded mindset to be able to learn easily in trading.
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November 27, 2016, 03:29:32 AM
 #60

First of all before proceeding to main topic, trading is very risky if you ready to loose your hard earned money than you can proceed because you need to prepare for every thing as newbie it is very hard to trade the altcoin, because now a days every coin is like pumping and dumping coin, Majority of risk involving is more in this type investment. But if you plan it perfectly you will make huge income with this altcoin, but there 50/50 chances you may gain are loose.

Plan according to you how much you can able to invest, which affordable for you because it should hurt your daily needs.
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