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Author Topic: Trading Newbie  (Read 22188 times)
jhannlenris
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March 17, 2017, 07:48:29 PM
 #301

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...

You may use poloniex as your trading platform


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

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.
batang_bitcoin
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March 17, 2017, 11:17:57 PM
 #302

I can suggest for newbies that you can start to trade with yobit, this trading platform is good for all of you. Because it has allowing you to get some free coins then you can even without investment. And for the mistakes to avoid, is that you should always need to monitor the market of the coins that you will buy so that you won't miss the chance of selling.

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March 18, 2017, 08:14:23 PM
 #303

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...

You may use poloniex as your trading platform


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

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.
Investing in bitcoin can be a fruitful and enjoyable journey and you are off to a great start by asking questions and seeking advice, and the most important thing is to be very patient and start small and don’t invest beyond your knowledge, and you should focus more about learning more to increase your success in the market.
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March 19, 2017, 01:08:14 PM
 #304

If you want to trade Bitcoin/Altcoin,you could check the exchange in my signature below.For investing in altcoins,do a thorough market research about that coin and then only invest.Dont be panic on seeing the market ups and downs.
Jenny Moll
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March 19, 2017, 01:24:05 PM
 #305

As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
xIIImaL
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March 19, 2017, 01:49:44 PM
 #306

As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。

Don't suggest trading for newbies at this time bro. Because value is turned down more 200$ and as i checked now the value is around 998$ today. Better suggest them to hold the bitcoins or to buy the bitcoins using the present dump.
DarkIT
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March 19, 2017, 04:26:33 PM
 #307

As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
Great tips. I also do that when I first trading. Well, it really helps. but for better tips, prepare yourself to see video of people who make trades, it could be the basis for you before trading.

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thunderbitz2717
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March 23, 2017, 05:34:56 AM
 #308

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
And then, any tips here for me and other newbies?
my tips was keep on reading on bitcointalk forum from time to time for you to learn a lot here.

Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid?
try to go in bittrex.com then  choose the coins which has a cheap value then buy it, its up to you on which among of them you like.
or if you really like cheap there are lot of cheap coins at yobit you can buy there at 1 sats then most of it are pump and dump Grin

kidoseagle0312
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March 24, 2017, 06:17:29 AM
 #309

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

according to the expert in this forum, for a newbie like us it is much better for us to start trade in yobit. It's an exchange where majority of there coins was price is so cheap which is good for us, and the basic rules sell high, then buy at low price.

Your idea is good but i won't suggest you because there many coins in yobit which don't have any value. Only pumps and dumps in yobit, you need to focus on crypto which are more value and you will make much profits from it.

Correct, Doing trade in the coins that are most often in pump and dump only is not a good way of earnings, it will gonna make your coin be stuck in that exchange. It is still much better to trade that are very aggressive in motions so there is a bidding war happen in the trade.
dearbesz1219
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March 25, 2017, 07:54:37 PM
 #310

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 think you are now learning in trading already, because you are a Full member in rank. Perhaps, you already know the basic rules of a traders sell at high and buy at low price value. then never buy with 1 satoshi value in every altcoins most of them are pump and dump.
Osarman
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March 25, 2017, 08:06:52 PM
 #311

As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
yeah there is many register exchange which is very trusted and you can trade with him with no worry like as poloniex and bittres exchange these are very trsuted exchange and i also trade in these exchange.
PokerFace3
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March 26, 2017, 06:30:25 PM
 #312

As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
yeah there is many register exchange which is very trusted and you can trade with him with no worry like as poloniex and bittres exchange these are very trsuted exchange and i also trade in these exchange.
I guess as per availability of number of exchanges, finding one well established exchange will not be a problem. For a newbie, the trading methods and its strategies are very big worries to overcome compared to choosing the right exchange. Yobit must be an good exchange with good reputation and having more options to trade with.

But, before start trading, we must do trading with fake money like practicing with papers for better understanding about market conditions.
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March 26, 2017, 06:36:48 PM
 #313

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...

You may use poloniex as your trading platform


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

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.

Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.
richardsNY
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March 26, 2017, 06:45:05 PM
 #314

Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.

Bittrex isn't as worse as Yobit, but it's not really an exchange I would make use of. Poloniex is the only exchange that offers a decent and trustworthy platform plus a huge load of liquidity. Other than that, best is indeed to avoid the newer (mostly copy and paste) coins, but people tend to choose them because of their low price. It's quite harsh for newbies to buy themselves into ETH or Dash at current levels.
dearbesz1219
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March 30, 2017, 10:28:11 AM
 #315

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 are really new in this industry, you must know the basic of learning in trading here is the link were it can give you guidelines for you to become good trader https://bitcointalk.org/index.php?topic=1024457.msg11085774#msg11085774 Smiley
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March 30, 2017, 11:30:28 AM
 #316

Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.

Bittrex isn't as worse as Yobit, but it's not really an exchange I would make use of. Poloniex is the only exchange that offers a decent and trustworthy platform plus a huge load of liquidity. Other than that, best is indeed to avoid the newer (mostly copy and paste) coins, but people tend to choose them because of their low price. It's quite harsh for newbies to buy themselves into ETH or Dash at current levels.
gan true! I think now trading bitcoin and altcoin us poloniex at very precise and witdhraw from poloniex is also smooth.
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March 31, 2017, 02:29:56 AM
 #317

If you are a newbie in trading its better to trade on poloniex and bittrex.If you find it difficult in choosing a good alt,subscribe for turtlebtc altcoin buy and sell calls and slowly learn the techniques and after when you are confident on yourself..move to yobit cryptopia.Never ever trade on c-cex
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March 31, 2017, 08:09:06 AM
 #318

I think the best way to learn trading is to experience trading. It is okay if you will invest just a small amount for you to trade then try it I think 1 week is okay after that if you know how trading works then try it with a big funds for you to formally start your trading and that is to know how to trade.

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March 31, 2017, 03:00:46 PM
 #319

I suggest you to follow telegram group of trading and altcoin that show you how to trade, so when buy/sell, what buy and other; also follow the news and update that will can cause a pump or dump  Wink

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March 31, 2017, 09:10:05 PM
Last edit: April 01, 2017, 03:01:48 PM by Kevin77
 #320

I suggest you to follow telegram group of trading and altcoin that show you how to trade, so when buy/sell, what buy and other; also follow the news and update that will can cause a pump or dump  Wink
I do hear there are lot of groups in skype/telegram/chatbox of few exchanges. But I just wonder why people are spending their time for giving free calls whereas they will have chances to make use of them. Probably they are testing their strategies through our funds lol...

Everyone must have started their trading as a newbie. But over time they could have established as professional traders. Hence just practicing and learning continuously will be the way of getting ourselves into perfect traders.
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