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Author Topic: Trading Newbie  (Read 22137 times)
Sled
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April 01, 2017, 04:20:40 AM
 #321

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.
Yes that is true. Experiencing trading is the best thing to do when you want to learn trading as a newbie, Investing or putting a small amount of money into trading site for just testing the risk is also a good idea since you don't know how trading works and you just figuring it out. As an average trader i also experienced that strategy in learning and i know that it is a good thing to follow by the newbies.
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April 27, 2017, 02:16:07 PM
 #322

Just try to hold when you are in panic - that's a rule of thumb. Don't sell if you are already late.
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April 27, 2017, 05:18:13 PM
 #323

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.
Yes that is true. Experiencing trading is the best thing to do when you want to learn trading as a newbie, Investing or putting a small amount of money into trading site for just testing the risk is also a good idea since you don't know how trading works and you just figuring it out. As an average trader i also experienced that strategy in learning and i know that it is a good thing to follow by the newbies.

I agree with you, a novice should get experience. But often there is a situation where a newcomer overestimates his capabilities. He thinks he's already experienced and makes mistakes again. In trade, one must always learn
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April 27, 2017, 05:58:36 PM
 #324

Just try to hold when you are in panic - that's a rule of thumb. Don't sell if you are already late.
That is smart. This is the most experienced and awesome strategy which belong to every veteran trader. When I was a newbie, I was always panic and sell everything I had when I saw the prices were being dumped.

None of the above
thunderbitz2717
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April 27, 2017, 07:55:28 PM
 #325


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.

Yobit is the place of many cheap coins. where is  also a good place for the beginner in this forum also, though majority of the coins in yobit was really called shit please excuse me for the terms. but still yobit was a good exchange that I can say, I don't care what other's says about me.

i disagree. because i have tried both yobit and many other places. and among them, yobit is the worse. so i ask you why would you choose the worse place among all other much better exchanges?
i mean what feature did you see there that is good enough that you chose there?

My view on this matter was, if yobit is the worse, why does yobit exchange stand for a years in this industry. and why many of the traders still getting on this site. Because as far as I understand on this things, if yobit is really worse than other exchange site for sure there will be no traders will get interest to make some trade in this platform. I am not a yobit client but I know there are lot of traders still patronizing Yobit, even I know  majority of the community here hate yobit exchange.
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April 27, 2017, 07:57:27 PM
 #326

Just try to hold when you are in panic - that's a rule of thumb. Don't sell if you are already late.

But there are also times when panic selling is a better choice because it allows you to re-buy at the lowest of the dip. And of course this also has risks involved just like how you're risking your bitcoins even more when you continue holding your bitcoins instead of panic selling them. There's no guarantee that the price will pick up again at some point and at the same time, there's no guarantee that the price will go even lower than the price that you sold your bitcoin at. But the latter is more likely since it's quite unlikely for the market to go to the opposite direction all of a sudden.

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xFiber
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April 27, 2017, 08:05:53 PM
 #327


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.

Yobit is the place of many cheap coins. where is  also a good place for the beginner in this forum also, though majority of the coins in yobit was really called shit please excuse me for the terms. but still yobit was a good exchange that I can say, I don't care what other's says about me.

i disagree. because i have tried both yobit and many other places. and among them, yobit is the worse. so i ask you why would you choose the worse place among all other much better exchanges?
i mean what feature did you see there that is good enough that you chose there?

My view on this matter was, if yobit is the worse, why does yobit exchange stand for a years in this industry. and why many of the traders still getting on this site. Because as far as I understand on this things, if yobit is really worse than other exchange site for sure there will be no traders will get interest to make some trade in this platform. I am not a yobit client but I know there are lot of traders still patronizing Yobit, even I know  majority of the community here hate yobit exchange.
I've never used yobit before and therefore I will not judge. Personally I use poloniex for trading my altcoin. The site has been up and running for quite a while and has high volume and the user experience is great. So I'd recommend poloniex to get started with trading.
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April 28, 2017, 01:13:29 AM
 #328


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.

Yobit is the place of many cheap coins. where is  also a good place for the beginner in this forum also, though majority of the coins in yobit was really called shit please excuse me for the terms. but still yobit was a good exchange that I can say, I don't care what other's says about me.

i disagree. because i have tried both yobit and many other places. and among them, yobit is the worse. so i ask you why would you choose the worse place among all other much better exchanges?
i mean what feature did you see there that is good enough that you chose there?

My view on this matter was, if yobit is the worse, why does yobit exchange stand for a years in this industry. and why many of the traders still getting on this site. Because as far as I understand on this things, if yobit is really worse than other exchange site for sure there will be no traders will get interest to make some trade in this platform. I am not a yobit client but I know there are lot of traders still patronizing Yobit, even I know  majority of the community here hate yobit exchange.
I've never used yobit before and therefore I will not judge. Personally I use poloniex for trading my altcoin. The site has been up and running for quite a while and has high volume and the user experience is great. So I'd recommend poloniex to get started with trading.
Correct do not judge if you do even tried to used the site, most of the users of yobit says that this exchange is worst but what is their basis? for me if they lose their bitcoin in that exchange do not blame the site because users is the one who do trading and those users if some altcoin they trade and not pumping they will blame the sites.
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April 28, 2017, 11:08:49 AM
 #329

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.
Yes that is true. Experiencing trading is the best thing to do when you want to learn trading as a newbie, Investing or putting a small amount of money into trading site for just testing the risk is also a good idea since you don't know how trading works and you just figuring it out. As an average trader i also experienced that strategy in learning and i know that it is a good thing to follow by the newbies.

I agree with you, a novice should get experience. But often there is a situation where a newcomer overestimates his capabilities. He thinks he's already experienced and makes mistakes again. In trade, one must always learn

A very good advise and I agree. Trading sometimes is very unpredictable that you must really research very well. Prices are affected by Announcement from company plan and projects,speculation and even by current events.

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kidoseagle0312
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April 28, 2017, 02:09:43 PM
 #330

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 doing trade in the market, of course you need to the basic skills first before you proceed in the platform. Actually, you had a lot of options for you to learn it, we have bitcointalk which very informative in everything that we wanna know.  and you can ask other members here to get their view of opinion regarding your concerns.
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April 28, 2017, 04:56:39 PM
 #331

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 doing trade in the market, of course you need to the basic skills first before you proceed in the platform. Actually, you had a lot of options for you to learn it, we have bitcointalk which very informative in everything that we wanna know.  and you can ask other members here to get their view of opinion regarding your concerns.

Our forum is more specialized in crypto currency than in trading. Therefore, it is better for beginners to find a training video, where they talk in detail about the trade. They can give advice, but it's best to get experience independently
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April 28, 2017, 05:23:40 PM
 #332


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.

Yobit is the place of many cheap coins. where is  also a good place for the beginner in this forum also, though majority of the coins in yobit was really called shit please excuse me for the terms. but still yobit was a good exchange that I can say, I don't care what other's says about me.

i disagree. because i have tried both yobit and many other places. and among them, yobit is the worse. so i ask you why would you choose the worse place among all other much better exchanges?
i mean what feature did you see there that is good enough that you chose there?

My view on this matter was, if yobit is the worse, why does yobit exchange stand for a years in this industry. and why many of the traders still getting on this site. Because as far as I understand on this things, if yobit is really worse than other exchange site for sure there will be no traders will get interest to make some trade in this platform. I am not a yobit client but I know there are lot of traders still patronizing Yobit, even I know  majority of the community here hate yobit exchange.
I've never used yobit before and therefore I will not judge. Personally I use poloniex for trading my altcoin. The site has been up and running for quite a while and has high volume and the user experience is great. So I'd recommend poloniex to get started with trading.
Correct do not judge if you do even tried to used the site, most of the users of yobit says that this exchange is worst but what is their basis? for me if they lose their bitcoin in that exchange do not blame the site because users is the one who do trading and those users if some altcoin they trade and not pumping they will blame the sites.
Yes exactly, if people lose their money on a certain site they rather quickly call it a scam. You should always be careful when trading and only trade the reliable coins. Pumps and dumps should be avoided at all costs.
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April 29, 2017, 07:38:23 AM
 #333

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

This is not an easy job to do. I know there are lot of people here want to earn profit through trading. But it needs time and effort for you to learn  the basic rules on it. Then, aside from that you need to know also the basic knowledge about in bitcoin. before you do trade in the exchange sites.
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April 29, 2017, 08:52:05 AM
 #334

If you have never trade till now, keep calm and study if you don't want lose all your BTC  Cool

This is actually one of the best advice there is for a newbie trader. We need first to educate ourselves on how we can make our money grow  and not to lose them in an instant. Trading in cryptocurrency can have its many pitfalls and thorns so the more we know the less risks we can get into. However, it does not mean that we should not start doing the trading  we just have to do it slowly just testing the waters first and be prepared to lose some money as part of our education. I am sure that there is always a nice room for any new trader in the market.
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April 29, 2017, 06:01:44 PM
 #335

If you have never trade till now, keep calm and study if you don't want lose all your BTC  Cool

This is actually one of the best advice there is for a newbie trader. We need first to educate ourselves on how we can make our money grow  and not to lose them in an instant. Trading in cryptocurrency can have its many pitfalls and thorns so the more we know the less risks we can get into. However, it does not mean that we should not start doing the trading  we just have to do it slowly just testing the waters first and be prepared to lose some money as part of our education. I am sure that there is always a nice room for any new trader in the market.

Being agree with u, i also want to add that patience is one of the best way for trading. It cannot be maintained by most of the traders. For this reason, they losses all their money. First you have take a risk and go ahead with courage with proper knowledge and experience. Thus, you can be a good trader.

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April 29, 2017, 06:19:55 PM
 #336

If you have never trade till now, keep calm and study if you don't want lose all your BTC  Cool

This is actually one of the best advice there is for a newbie trader. We need first to educate ourselves on how we can make our money grow  and not to lose them in an instant. Trading in cryptocurrency can have its many pitfalls and thorns so the more we know the less risks we can get into. However, it does not mean that we should not start doing the trading  we just have to do it slowly just testing the waters first and be prepared to lose some money as part of our education. I am sure that there is always a nice room for any new trader in the market.

Studying and trading with small amounts helps, that is how someone without any experience gets in the game. Many of us didn`t have clue about trading before bitcoin and other altcoins, and if you wish to learn to trade you need to spend some money on that school.
Trading isn`t easy and wrong choices and bad timing can mean disaster for your wallet, so keep calm, study and trade with small amounts in beginning, only when you think that you are ready start to trade with higher bankroll.

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April 29, 2017, 06:27:03 PM
 #337

people are spending too much BTCs on those shitcoins pumps, and most of the time they lose... if they would have bought ETH 2 years ago for just 1 BTC then they have now 60 BTC.... if they would have bought DASH 2 years ago, then they had 15 BTC....

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April 30, 2017, 03:42:40 AM
 #338

people are spending too much BTCs on those shitcoins pumps, and most of the time they lose... if they would have bought ETH 2 years ago for just 1 BTC then they have now 60 BTC.... if they would have bought DASH 2 years ago, then they had 15 BTC....
You can't blame them because that is how the market works, there are losers and winners and most of the winners are already experienced as losers, those losers are newbies and they got hyped up by the news right now and they are believing that the price will go again but they are wrong because now, the current price is just for old investors to accumulate their profits.
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April 30, 2017, 05:12:44 AM
 #339

poloniex is better.but every coin have some risk, so be careful
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April 30, 2017, 05:54:23 AM
 #340

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 you must study the basic learning about in trading, and bitcointalk trading discussion also was a good one for you start to learn it and you can also ask the member in this thread, or you can check this link anyway for newbie starter in trading https://bitcointalk.org/index.php?topic=1024457.msg11085774#msg11085774.
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