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Author Topic: New to Trading  (Read 1152 times)
mikehersh2 (OP)
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September 05, 2016, 06:20:15 PM
 #1

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

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c789
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September 05, 2016, 06:39:24 PM
 #2

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

Poloniex

Bittrex

Other exchanges as well.

Shameless plug: if you want to buy XMR with cash, see the link in my sig. It's a new site (less than an hour old!) but you can post a buy ad there for free.

Comparison of Privacy-Centric Coins: https://moneroforcash.com/monero-vs-dash-vs-zcash-vs-bitcoinmixers.php also includes Verge and Pivx
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September 05, 2016, 07:50:55 PM
 #3

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
To my knowledge , trading altcoin is not easy job , and you might lose your money if you don't have experience .
In any case to start trading you should creat accounts on altcoin exchanges ( Poloniex and Bittrex are the most used ) , then you can choose the altcoins which you want to trade , you can visit trading discussion section , because this point need a lot of explanations .
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September 05, 2016, 07:53:19 PM
 #4

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
Visit an exhange that has an insurance, so a "hack" will not lead to money loss.
I know a new exchange, tuxexchange.com they offer a really good service, u should try them.
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September 05, 2016, 08:12:29 PM
Last edit: September 05, 2016, 11:58:32 PM by Enjorlas
 #5

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

I recomend a good app called coin cap for iOS. Just watch that for a few weeks to see how prices move in response to news, psychology, etc. Next, go on YouTube and watch a few videos on the introduction to technical analysis. Don't get too in depth, just focus on the basics of technical analysis.
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September 05, 2016, 08:15:08 PM
 #6

Also, learn how to trad BEFORE you start trading. I researched for about a year on how to trade before jumping in and as of now I have made about 80% return on my initial investment. Be patient. With every trade we get wiser or richer, never both.
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September 05, 2016, 10:42:32 PM
 #7

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
first, you need create an account in exchange sites. Second, you MUST know what alt coins would be rise in the future, so you'll ended profit with your investment. Third, don't believe any suggestion from random people for buying some alt coins, (because maybe that's just a trap for you)
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September 06, 2016, 12:19:40 AM
 #8

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
Did you just buy this account?  If not, you've been on this forum a while and should know how to use the search function...right?  There are about 1X10^pi topics that exist talking about this very same topic, and they become sig spammer bait (not me, I'm trying to help).  I think there's another thread that just got started where you can find the answer you need.  I just posted in it about Poloniex and Yobit.

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mikehersh2 (OP)
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September 06, 2016, 12:46:17 AM
 #9

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
Did you just buy this account?  If not, you've been on this forum a while and should know how to use the search function...right?  There are about 1X10^pi topics that exist talking about this very same topic, and they become sig spammer bait (not me, I'm trying to help).  I think there's another thread that just got started where you can find the answer you need.  I just posted in it about Poloniex and Yobit.

Ok, you're right i have been on this account for awhile but i never looked into trading. I don't mean to be a sig spammer. Thank you for the help Cheesy

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raphma
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September 06, 2016, 01:11:20 AM
 #10

if you are looking for a place to trading, i would go with poloniex or bittrex.
and if you are looking for techniques, have a look at this www.theforexguy.com (yeah, its forex.. but the techniques are the same).
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September 06, 2016, 02:13:39 AM
 #11

i'm using poloniex and bittrex for trading, and exchange my bitcoin for cash in VIP (Indonesia exchange)
first create account in exchange after that transfer your bitcoin to exchange to start trading
second buy altcoin if you know the price will up and sell when the price up
but is not easy to predict how much profit we can get from trading you should pick good altcoin to avoid altcoin scam (do some research)

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September 06, 2016, 02:24:42 AM
 #12

Bittrex is a good place to start, but as  a beginner i like to use yobit because they have a lot of alt coin which can be traded, so in order to start trading i suggest start from small amount and trade alt coin, find the news and potential about the alt coin that you like and then trade it and wait until the price is high, if after a few weeks no significant changes just sell it and look for another coin
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September 06, 2016, 03:12:01 AM
 #13

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
for altcoin trafing you should go to the yobit.com where you can trade with any altcoin . and if you want trade with only bitcoins then start a group of bitcoin trade and join many persons who daily makes buy and sell . so in this way you can make your trade speedly . ( this is my trading stregy which is successful ) .
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September 06, 2016, 03:21:35 AM
 #14

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!
for altcoin trafing you should go to the yobit.com where you can trade with any altcoin . and if you want trade with only bitcoins then start a group of bitcoin trade and join many persons who daily makes buy and sell . so in this way you can make your trade speedly . ( this is my trading stregy which is successful ) .
as i know there is not exchange yobit.com  Smiley maybe you mean yobit.net  Smiley, yes you can use yobit.net too for trading many new altcoin added in yobit.net

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September 06, 2016, 03:43:42 AM
 #15

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

Read Pablo's book.  It's around the altcoin section.  Just use the search function and you'll find it.  The book is a good guide for a practical approach kind of trading altcoins.  No TA or FA as those are mostly based on theory.  What Pablo is teaching is based on experience and I could relate to most that was written on that book because I experienced and know them as well.  I think most people could relate to what's written in that book sooner or later if you're into altcoins.

R


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OFFICIAL PARTNERSHIP
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TheUltraElite
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September 06, 2016, 07:19:01 AM
 #16

You should first do some research on the coins in market and then the trading market. Learn to make proper deals and learn the methods of trading properly. You may make mistakes and be sure to learn from them. Buy altcoins when the price is low and sell them when price is high. Make sure to have a proper amount of capital and backup stocked up as well. Good Luck

R


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LLBIT
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FUTURES
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LEVERAGE
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   TRADE NOW   
zakorus
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September 06, 2016, 07:27:25 AM
 #17

get some good charting software and learn how to use the indicators


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entrepmind23
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September 06, 2016, 08:31:14 AM
 #18

You should know the basics of trading first. Of course the rule is that you should buy low and sell high to profit but how you should do it, you should study first and if possible have a mentor that already has vast experience in altcoin trading. In order for you to grasp how trading works then you should try it first using a demo account or if you want to go live then you can start small capital.When you think you are already ready having all the knowledge and strategy and consistenly having a profit then you can deposit bigger amount. We are all aware that trading has risks but if you know what you are doing then you can minimize it.

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sayyedraza
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September 06, 2016, 09:26:06 AM
 #19

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

You are Very late  Grin  Any way many exchange are there to jump into Altcoin.
Bittrex  is recommended
Happy Trading
Thanks
Regards
sayyedraza
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September 06, 2016, 09:29:12 AM
 #20

Hello Cheesy I want to get into alt coin trading, and i want to know where to start, and how to do it. Thanks!

 Cheesy Cheesy Cheesy



 Cool

FYI:
In all seriousness , don't put down more than you are willing to lose.
Because at the end of the day , it is all a Gamble.
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