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Author Topic: Trading Newbie  (Read 22137 times)
legendbtc
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January 17, 2017, 06:11:08 AM
 #221

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
Trading bitcoin and fiat is the best for newbie because both were unlike altcoin that could be dead, of course not all of altcoin will be dead. Bitsane is good, the user interface is not complicated.

For a newbie it is very good decision to stick only for btc/usd markets, here in this market he can control his emotions by doing simple job like buying and selling only. Buy bitcoin at lower price and sell them at higher price by doing you will make marginal profits. Along with this you can learn altcoin trading is always risky be careful before start trading it. 

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January 17, 2017, 01:31:02 PM
 #222

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

Before you start trading you need a lot of understanding of the market which was nice, and then be smart to find a gap in its order to minimize the losses that will occur.
It is true that the trading needs knowledge but to acquire that knowledge you have to try and look for guides inline to help you get started and there are a lot of sites out there that allow you to trade with fake money to help you learn trading without having to pay anything, and if you want to start by investing a small amount and then increase the amount when you feel like you are ready.
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January 17, 2017, 03:38:52 PM
 #223

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail
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January 17, 2017, 03:41:23 PM
 #224

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail
Do you have any other tip that you can follow how to trade and margin set or it is binary trading.. just newbie really do not know how to trade.. since i heard many people are recommending it as a good source of earnings i want to learn it..
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January 17, 2017, 09:27:34 PM
 #225

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

Before you start trading you need a lot of understanding of the market which was nice, and then be smart to find a gap in its order to minimize the losses that will occur.
It is true that the trading needs knowledge but to acquire that knowledge you have to try and look for guides inline to help you get started and there are a lot of sites out there that allow you to trade with fake money to help you learn trading without having to pay anything, and if you want to start by investing a small amount and then increase the amount when you feel like you are ready.
yes getting knowledge about trading is a good option, but i think if you invest a small amount in trading and get some practical experience and knowledge in trading, which can be more helpful from any tortorial.
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January 17, 2017, 11:53:58 PM
 #226

I think if you really want to learn this business seriously, you should commit yourself to make at least a minimum effort to reach out  to one of the many resources available for free on the internet that can help you in your purpose. Do not be lazy and remember that someone has already invented "Google".
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January 18, 2017, 09:13:50 AM
 #227

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail
Do you have any other tip that you can follow how to trade and margin set or it is binary trading.. just newbie really do not know how to trade.. since i heard many people are recommending it as a good source of earnings i want to learn it..

For more information about trading, wa can join any groups, slack or twitter about coin has your trade. We can get information from dev or team about their coin. 
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January 18, 2017, 11:52:08 AM
 #228

paper trading (trading with fake money) it's a good option for newbies like myself to start trading without wasting your money. try it for a few weeks and see develop a good strategy. if it becomes profitable, then start with real money but remember, never risk more than you can afford to lose

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January 18, 2017, 02:11:41 PM
 #229

paper trading (trading with fake money) it's a good option for newbies like myself to start trading without wasting your money. try it for a few weeks and see develop a good strategy. if it becomes profitable, then start with real money but remember, never risk more than you can afford to lose

Is not bad,but it is not so good you seem saying.
if you trade with fake money you are not in real situation.

It is why I prefer offer shares and vouchers.So if people are in real situation and if they trade well they earn real satoshi.


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January 18, 2017, 02:35:29 PM
 #230

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
Personally, I have helped YouTube channels for trading. Today, a lot of them.
Just do not fully hope for some strategies, indicators and systems.
In cryptocurrency they do not all work.



BIG WINNER!
[15.00000000 BTC]


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January 18, 2017, 02:42:33 PM
 #231

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
Personally, I have helped YouTube channels for trading. Today, a lot of them.
Just do not fully hope for some strategies, indicators and systems.
In cryptocurrency they do not all work.
In youtube there is not so many videos about bitcoin to altcoin trading. there are a lot of videos but not crypto related.
to learn about crypto trading you must use your own brain. try different strategies and plans, 
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January 18, 2017, 02:51:38 PM
 #232

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
Personally, I have helped YouTube channels for trading. Today, a lot of them.
Just do not fully hope for some strategies, indicators and systems.
In cryptocurrency they do not all work.
In youtube there is not so many videos about bitcoin to altcoin trading. there are a lot of videos but not crypto related.
to learn about crypto trading you must use your own brain. try different strategies and plans, 
I agree with you. According cryptocurrency trade channels is not enough. There are good on the Russian channels. Personally, he was signed by one of these. For example - https://www.youtube.com/channel/UC9_sH6Wwik2E6lEKnatYHWw



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January 18, 2017, 11:39:11 PM
Last edit: January 19, 2017, 12:00:40 AM by leeloo
 #233

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail

You can't avoid "falling into the wrong trade" (unless you can see the future, but then what are you still doing among us mortals?) but you can avoid staying in the wrong trade. The secret is known as stop loss, and you decide where it goes before you enter the trade. How far you put it should be inversely related to your position size, which in turn is a function of your risk appetite (a.k.a. sanity) and is computed from the implied volatility of the market.
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January 19, 2017, 06:28:28 AM
 #234

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail
Do you have any other tip that you can follow how to trade and margin set or it is binary trading.. just newbie really do not know how to trade.. since i heard many people are recommending it as a good source of earnings i want to learn it..

For more information about trading, wa can join any groups, slack or twitter about coin has your trade. We can get information from dev or team about their coin. 

Yes we can make profit with it while joining in their groups but it will take some time to make profit from it, every day it is not possible to them and they will not announce that we are going to increase the price. We have to keep track every thing in order to make profits from it.

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January 20, 2017, 09:38:36 PM
 #235

What type of trading do you mean mate? Like do you mean actually trade items for BTC or do you sort of mean like stock trading? im confused
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January 21, 2017, 07:20:58 AM
 #236

As a newbie you have to be patients and exercise caution not to fall into the wrong trade ,look and learn from people who have been trading before and learn their success tips and what make them to fail

Every time a newbie trade there is always a chance of  lose. So my suggestion will only use it to buy coins which are cheap and buy in less quantity. Once to get profit then buy more in more quantity. So in this way even if newbie lose, the losing amount will not be big. but then the winning amount will also be not big with less investment.









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January 21, 2017, 07:30:58 AM
 #237

What type of trading do you mean mate? Like do you mean actually trade items for BTC or do you sort of mean like stock trading? im confused
I think you didn't read the OP before making useless question. As stated in OP he wants to trade altcoins/btc. Are you sure you are confused? Practice reading OP before making posts mate.

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January 21, 2017, 08:07:22 AM
 #238

I understood 2 things till now.

Do not speculate as btc is volatile in case you cant afford a loss.
Buy only that much which you think can be sold and sell at the decided price which you thought at the time of buying insead of waiting for more price to rise.

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January 21, 2017, 09:05:44 AM
 #239

paper trading (trading with fake money) it's a good option for newbies like myself to start trading without wasting your money. try it for a few weeks and see develop a good strategy. if it becomes profitable, then start with real money but remember, never risk more than you can afford to lose

Is not bad,but it is not so good you seem saying.
if you trade with fake money you are not in real situation.

It is why I prefer offer shares and vouchers.So if people are in real situation and if they trade well they earn real satoshi.


Agree, trading is all about emotions and if you have not invested any money then you won't have your emotions involved with it. The sadness of losing $100 in real trading is far more than the happiness of earning $1 million in fake or simulated trading. One can't have that level of involvement unless that level of funds are staked.
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January 21, 2017, 09:15:16 AM
 #240

I suggest to start with a small amount of coins, but specially if you don't want to loose money you should understand the mechanism of manipulation of markets, that is well explained here http://pumperspicks.com
When you read this you will understand that all market are manipulated, and maybe you can avoid to loose your capital....btw in first stage you have to accept some loss, but with some training you will find your way
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