iamTom123 (OP)
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December 09, 2016, 02:44:35 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
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OmegaStarScream
Staff
Legendary
Offline
Activity: 3654
Merit: 6398
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December 09, 2016, 02:56:35 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
It's really not as hard as It sounds but It definitely requires patience from you. I would recommend trading on digital currencies as you could receive more support in the forums about that, the rule is pretty simple and applies everywhere "buy low and sell high" , I can't make it simpler then that. It's better to invest in ICOs and sell after the development of the coin/token is finished because most of the time , the price gets multiplied compared to the ICO price , If you miss the ICO for one reason or another then you can always catch up by trading on "Poloniex" or "Bittrex" , If you are putting your money into a pump-dump coin then that would be for short term and If you are investing for long term , you should make sure that this TOKEN or this COIN have the potentials to grow in the future and not just invest.
As an extra , I would suggest investing in ICONOMI , ChronoBank (ICO should start on 15th december) and MaidSafe.
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Idrisu
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December 09, 2016, 03:19:57 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
Currency trading such as forex, binary option and arbitrary trading are very risky venture and you need alot of experience and skills to be successful in it. My advice to you is to develop your skill in any of this way to trade and you will forever has a channels of income. What ever you need to develop your skills are free online just google it.
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xuan87
Legendary
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Activity: 1666
Merit: 1001
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December 09, 2016, 04:15:46 PM |
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i think most of the trading you mention almost got the same risk, but i recommended you to start from trading alt coin, search the cheap alt coin to trade, learn to trade using small amount, learning by experience is better and faster way to learn trade, pay attention to chart before and analyze whether the price is going to go down or go up, learn what is the trigger that can cause the price can change
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Global LED Adoption Through Blockchain Technology ≒≒≒≒≒≒≒≒≒『ICO IS LIVE』≒≒≒≒≒≒≒≒≒ | |
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Loganota
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December 09, 2016, 04:34:47 PM |
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As they said above, the basics is: "buy low sell high", the problem is to know what is "low" and what is "high". The world of crypto-coins are very fundamentalist, that is, news makes a lot of difference in the currency. Another rule that the crypto-coins have brought is: "Bitcoin up, altcoin down".
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BitcoinHodler
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December 09, 2016, 04:50:31 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
there has been a lot of forex hype around here lately but let me tell you that if you read any of those topics, it is not easy at all to make money from forex and they always fail to address the hardness of this and the risks it imposes on you. always start with a spreadsheet first and without investing any money and just watch the prices and make note then start small and get all the mistakes out of your system.
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Holding Bitcoin More Every Day
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Kevin77
Legendary
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Activity: 1652
Merit: 1057
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December 09, 2016, 05:56:34 PM |
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Please define what you meant by 'easiest'. I do see some people are saying that they are comfortable with some specific exchanges but personally I do not see any advantage with any exchange, all seem same to me and I have traded in more than 5 different exchanges.
Learning trading is completely platform independent. All you need to focus is learning basic skills of trading, for that you do not need a platform.
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socks435
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Activity: 2044
Merit: 1030
I'm looking for free spin.
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December 09, 2016, 06:39:31 PM |
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The basic one is to check this https://coinmarketcap.com/ choose those top 20 what altcoin you want to invest.. The basic is buy low and sell high but in the right time in order to make a good profit.. trading is not easy but you should experience it first before you can make your own methods to make profit.. if you can analyze new altcoin and ico's it can bring you more and fast earnings but it is more risky than you are choosing legit coin that actually in the top 20 rankings in coinmarketcap..
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Decided to end it with zer0 profit.
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BuySomeBitcoins
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December 09, 2016, 06:44:33 PM |
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coursera is an excellent solution to learn basics of finance and trading.
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mobnepal
Legendary
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Activity: 1218
Merit: 1006
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December 10, 2016, 04:33:33 AM |
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I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
Forex trading, stocks, commodities etc have different pairs so it will be hard to be updated regarding all of them and find good pairs to trade. Digital currencies = crypto trading? Learning Bitcoin trading can be considered quite easy than forex trading because you don't need to look at other types of news, updates just look at bitcoin related news which can affect price and it is easier to learn long term pattern of bitcoin as you can see in last few months there are pumps -> small price correction -> constant price for some time - > pump again so if you can understand this pattern it could be easier to get some profit out of bitcoin trading. Also you can play with few altcoins if there is massive dump on bitcoin price, because usually alts price goes up when there is dump in bitcoin trading.
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Wind_FURY
Legendary
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Activity: 3094
Merit: 1929
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December 10, 2016, 05:06:59 AM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
Pick the market with the lowest volatility. For me that would be trading blue chip stocks. Learning the basics there would really be helpful once you transition to cryptocurrencies. It is not advisable to start trading in crypto without prior knowledge because Bitcoin and altcoins have high volatility.
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pooya87
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Activity: 3626
Merit: 10994
Crypto Swap Exchange
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December 10, 2016, 05:55:07 AM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
the platform is not risky! trading is! the platform or in other words the third party service that you use for trading can also be risky but the risk is not that much, that risk is if they turn into a scam like what Cryptsy or MtGox did. but that is a one time thing and exists everywhere. but trading is the risk that everyone is talking about. and it is highly risky for those who have no prior experience in this field and want to rely on others for giving them tips to earn money.
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CraigWrightBTC
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December 10, 2016, 06:05:07 AM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
You can try trading altcoins on poloniex, you have to learning about analysis tecnical for the basic, i suggest you for trading altcoins because it needs small money. You can read carefully before trade on trading discussion about experience and strategy in trading, many source on here. But the most important you must do practice on real markets find the ways for trading that can growing bitcoin.
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iamTom123 (OP)
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December 10, 2016, 06:43:19 AM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being. I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
It's really not as hard as It sounds but It definitely requires patience from you. I would recommend trading on digital currencies as you could receive more support in the forums about that, the rule is pretty simple and applies everywhere "buy low and sell high" , I can't make it simpler then that. It's better to invest in ICOs and sell after the development of the coin/token is finished because most of the time , the price gets multiplied compared to the ICO price , If you miss the ICO for one reason or another then you can always catch up by trading on "Poloniex" or "Bittrex" , If you are putting your money into a pump-dump coin then that would be for short term and If you are investing for long term , you should make sure that this TOKEN or this COIN have the potentials to grow in the future and not just invest. As an extra , I would suggest investing in ICONOMI , ChronoBank (ICO should start on 15th december) and MaidSafe. I actually received almost the same advice coming from a Facebook friend who is really into trading of digital currencies. Coincidentally, I invested a little money also on ICONOMI and I have to take a good look on ChronoBank and MaidSafe. Thanks for your nice words of wisdom here.
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hisuka
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December 10, 2016, 08:08:59 AM |
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For me, the easiest platform to learn with is C-cex and poloniex. There in exchange is you can learn easily how to trade, friendly interface to use. Trading analysis, basic trading can learn easily in the exchange.
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piloder
Legendary
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Activity: 966
Merit: 1006
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December 10, 2016, 12:09:16 PM |
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Trading is always full of risk and without risking anything you can't earn from trading. I love to trade altcoins which is more risky than any trading pairs but return is also high. - Don't buy any altcoin which don't have much trading activity or just launched and pumping hard on first day - Don't sell any alt when they are getting small dumps, atleast wait few more days and sell them when you can get same price at which you have bought it or small profit.
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michellee
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December 10, 2016, 12:56:49 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
i think digital currencies here its mean crypto currencies like what we've done in daily and for me, i think trading digital currencies is easy depend on the other because with crypto currencies, we can trade with many option like bitcoin with fiat, bitcoin with altcoins and for the altcoin, there is many coins that we can choose. but for forex, binary, stocks, commodities, i think its more risk for beginners so its if you don't know anything with those kind of trading, i would suggest you to learn trading crypto currencies first and if you have familiar with crypto currencies, then i think you can trying to start with trading stock or commidities.
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KenR
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December 10, 2016, 01:01:19 PM |
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coursera is an excellent solution to learn basics of finance and trading.
Agree but you cannot apply the basics learned from courseera into the real trading world.The concepts taught in the course are very theoretical and are implied in the context of the Real World Economy which one perceive from a Finance Minster's point of view.I don't know if a course to trade shares and other digital commodities is available on coursera but the fiance and trading course I took lacked the concepts one needs to start trading practically.
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Red-Apple
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December 10, 2016, 01:30:06 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being.
I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
the platforms are almost all the same and they also have the same rules. so try them out and choose one yourself but if you want to go in super cheap you can try out cryptopia exchange, their minimum volume for each order is only 500 satoshi bitcoin and 2000 satoshi if you are doing altcoin/altcoin trade and i think it is a nice place to learn trading with a tiny amount that is even lower than faucet payment.
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--signature space for rent; sent PM--
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JeffBrad12
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December 10, 2016, 02:11:40 PM |
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I have interest on trading but since I know that any platform can really be risky without proper knowledge and guidance I prefer to shelved this interest for the time being. Starting from the minor platforms until the major platform. It will give you the other time for learn more about trade. and you can do the best for your trade jobs. I am interested to know from experienced traders here what can be the easiest to learn...whether it can be forex, binary, stocks, commodities or maybe even digital currencies?
The cryptocurrencies, It can be a good choice for you. Forex and Binary it's so sensitive. You won't be able for fall down in there.
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