Trading Newbie

[Dudeperfect]

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.

Exactly, it’s nothing less than a gamble when it comes to trading without taking adequate information and following own research.  I always recommend (that I received by experienced traders) that before investing money, we should invest our time because ultimately knowledge and information along with experience is supreme so one should not take blind risks while trading. Trading with low amounts can help new trader to learn the process, step by step.

[kidoseagle0312]

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.

If you are only want an experience to become a good trader in bitcoinworld or in cryptoworld any exchange can be a good start for a newbie even in yobit exchange sites but most altcoins there was a shitcoins. So better be careful anyhow just invest small amount only.

[serjent05]

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.

If you are only want an experience to become a good trader in bitcoinworld or in cryptoworld any exchange can be a good start for a newbie even in yobit exchange sites but most altcoins there was a shitcoins. So better be careful anyhow just invest small amount only.

Yobit is hostile to newbie in terms of trading, there are lots of manipulation going on in there, with  bots creating several fake trade and the troll box that will give confusion on what really is the situation of the coin. Though i believe that they should be exposed to this kind of trades but not too soon.

[equator]

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.

If you are only want an experience to become a good trader in bitcoinworld or in cryptoworld any exchange can be a good start for a newbie even in yobit exchange sites but most altcoins there was a shitcoins. So better be careful anyhow just invest small amount only.

Yobit is hostile to newbie in terms of trading, there are lots of manipulation going on in there, with  bots creating several fake trade and the troll box that will give confusion on what really is the situation of the coin. Though i believe that they should be exposed to this kind of trades but not too soon.

I wont recommend any new user to go for yobit to trade for new coin but it is better that they can just have an eye on announcement altcoin section where new coins are giving free coins with that free coins when listed in any exchange can do trading and learn how to trade and earn after that they can go for investing bitcoin and trading , this is the safest way of learning trading in crypto world

[clickerz]

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.

If you are only want an experience to become a good trader in bitcoinworld or in cryptoworld any exchange can be a good start for a newbie even in yobit exchange sites but most altcoins there was a shitcoins. So better be careful anyhow just invest small amount only.

Yobit is hostile to newbie in terms of trading, there are lots of manipulation going on in there, with  bots creating several fake trade and the troll box that will give confusion on what really is the situation of the coin. Though i believe that they should be exposed to this kind of trades but not too soon.

You are correct, and for me who learn trading in Yobit is a good exposure for newbies since they will have a great experience. Of course, as a newbie you will not be trading with thousand or millions of dollars. Just trade in small amount like 10,000 satoshi's and observed. Experience is the best teacher.

[Dahhi]

Poloniex and Kraken have good trade volume and a newbie will learn well there (please start with less than 0.1btc during your learning phase).
After you've started making repeated profits, you can go higher than that.

[dotajhay]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

The basics in trading bitcoin is to buy low and sell it when in high value but be careful it maybe risky because if the bitcoin will not increase the value you will wait for it when it become higher.

[winspiral]

get free shares on my U2 system site and then trade them...a good way to trade for free

[serjent05]

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
Remember don't trust new coin

lol i don't trust c-cex, i have an account in it and some coins of course, then I was inactive for almost 6 to 8 months, when i log back after months of hiatus all my coins are gone.  Now tell me how can I turst an exchange like this.

The basics in trading bitcoin is to buy low and sell it when in high value

I think that is the goal of trading

but be careful it maybe risky because if the bitcoin will not increase the value you will wait for it when it become higher.

that is the reason why you need to invest your bitcoin to other venture.  So that your bitcoin will not sit idle in your stash and produce more bitcoin while waiting for the price to increase.

[talkbitcoin]

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
Remember don't trust new coin

lol i don't trust c-cex, i have an account in it and some coins of course, then I was inactive for almost 6 to 8 months, when i log back after months of hiatus all my coins are gone.  Now tell me how can I turst an exchange like this.

really? did your account get hacked or did they just zero out your balance? and was those coins by any chance dead coins which are delisted every now and then because that would be the only possible explanation.

in case they have emptied your coins like BTC, LTC or other alive coins then you should open up a scam accusation against them otherwise it is the normal way of things happening on all exchanges and not restricted to c-cex to remove everything about a de-listed coin including the balance because they remove the wallet and blockchain and everything from their servers.

[marcuslong]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

Trading actually easy to learn google can help us better to understand but asking for advices is very good idea aswell hense you will get ideas that fast and undertand things betterer. You can also go into altcoin discussion or those tipsler about coins you will know more coins there and cheaper coin to start trading.

[iram3130]

I guess you have got lots of suggestions already and don't wanna say the routine things. But try starting with small amounts and try using faucets which are free and make some money. It's low and slow, but learn the things with regard to trading while doing this.
Good luck.

[Bitcoinsummoner]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

Trading actually easy to learn google can help us better to understand but asking for advices is very good idea aswell hense you will get ideas that fast and undertand things betterer. You can also go into altcoin discussion or those tipsler about coins you will know more coins there and cheaper coin to start trading.

I think many advertise right now that you can seen in any website or in google like in forex attend a seminar how to trade in forex for free that i can seen also in facebook they have also event that they will give free credit that you can use in forex to start..
Also many ebooks that you can download right now outside in this forum and learn how to trade..
For me just get the basic how to trade and you will discover  you own way how to make profit in trading..

[kidoseagle0312]

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

Though you are right about in yobit, but somebody can try in that exchange as a practice area while learning the trading procedure, or you can also try poloniex.com because it has no any controversies ever since it heard for the first time.

[hajimasan]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

If You want to Start Trading then Firstly You need to Keep in Mind that Never Store Your all Bitcoins On One Trading Website and also of someone ask you to buy particular Altcoin then don't buy that coin because he/she is holding that coin and if you buy that coin the price will pump and he/she will sell the coins and you will not get any profit and also you can start trading on Yobit.net, Poloniex.com, C-cex.com and You can Find More when you got some experience in trading but for now these sites are enoyght for you.

[dotajhay]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

If You want to Start Trading then Firstly You need to Keep in Mind that Never Store Your all Bitcoins On One Trading Website and also of someone ask you to buy particular Altcoin then don't buy that coin because he/she is holding that coin and if you buy that coin the price will pump and he/she will sell the coins and you will not get any profit and also you can start trading on Yobit.net, Poloniex.com, C-cex.com and You can Find More when you got some experience in trading but for now these sites are enoyght for you.

I will suggest to him do not try to trade in yobit because it has many shitcoins there better to try poloniex you can trade bitcoins and buy and sell easily not like yobit that has many dead coins around.

[lenoli]

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

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 What mistakes to avoid, what to never do etc.

Thanks everyone! 

If You want to Start Trading then Firstly You need to Keep in Mind that Never Store Your all Bitcoins On One Trading Website and also of someone ask you to buy particular Altcoin then don't buy that coin because he/she is holding that coin and if you buy that coin the price will pump and he/she will sell the coins and you will not get any profit and also you can start trading on Yobit.net, Poloniex.com, C-cex.com and You can Find More when you got some experience in trading but for now these sites are enoyght for you.

I will suggest to him do not try to trade in yobit because it has many shitcoins there better to try poloniex you can trade bitcoins and buy and sell easily not like yobit that has many dead coins around.

yes, i also advice you, not to trade on yobit, except of many shitcoins, they also have worst support ever, if you would have any problem, they may answer on your ticket after several month. also never gamble on their dice. worst dice i have ever met, 100% sure their dice isnot fair

good luck in trading...

[dihari]

2 months ago i trade on Poloniex. They have web with good features. All traders needs is on the this website.
And we can lending bitcoin there.
But I stop trading now. Because I think I need more knowledge about it before start to make profit.

My suggestion is, don't waste your money before you fulfill your brain with trading knowledge.
Learn about the character of the altcoins.

[icecube45]

Maybe if I may make a suggestion, for early start trade better tried for a small amount. Because trade is very difficult to learn so early trading as learning, so to minimize the loss may be better to try to start trading with a small amount. I'm sure if you've tried a several times a trade and learn them well you will find yourself your strategy. In addition it requires patience in trade and not to make the wrong decision because it would be detrimental.

[Potato Chips]

First you should know its risks so you should ony trade an amount that you can afford to lose. Lets say the bigger the amount the higher the risks.

If you're looking for a site then Poloniex is for you.  It is good for newbies and even some veterans still uses it.

Reading articles and books about trading can also help you but practical skills will be best when improving your trades.