>>> Trading tips for newbi<<<

[PokerFace3]

5A is the biggest tip of them all. If everyone is doing the same thing then the only person who profits is the exchange. You need to do your own research because if you aren't the one gaining you're the one losing.

How to do technical analysis must be the very first step, when we are entering into trading were we need to learn. Unfortunately people are first doing trading and after facing losses they will start learning these things.

At the same time I'm not finding there would be any wrong on depending on others  prediction calls. Because there are few very good research and analysis houses, they are providing very good trading calls.

I agree, the best thing to do for a newbie before entering into the trading market is to learn more and more about it and do some researches and ask some experienced people before taking the decision of trading, but also you need to experience it on your own in order to develop your own strategy.

[pooya87]

in my opinion the most important thing when trading as a beginner is to spend time and lots of it. the more time you spend learning trading by reading articles online or books it is better. you learn more. then you have to spend lots of time watching the market which is another important step. when you watch the changes and see how price goes up and down and how people react you gain more experience than you can hope for.

[geopolisch]

If you are beginner trader with appetite to earn fast buck, diving into altcoin ocean is the worst thing you can do.

Not just in altcoin trading, even with bitcoin trading is we are aiming for earning fast, definitely we could not achieve that. First we need to understand how trading will work for us, trading will give profits time to time but definitely not on regular basis nor in quick time too. Yes, slow and steady progress along with gaining experience will be the right approach for beginners in trading.

If we look for quick profits, I am afraid then traders will not find no differences with their trading from gambling. Improper approach in trading will make your trading similar to gambling.

[jhenfelipe]

If you are a newbie and wanted to try trading, all I can say is take it slow. How? Just try it using a small amount and see how it goes for you because you can't really learn without trying it by yourself. What I'm doing is choose a coin with an active market and do short trades there. I don't want to wait too long (imo it's safer) since the price might fall over and over instead of rise.

PS. @OP you have a good point as well

[fazrin29]

Hello guys this is my suggestion for newbie who wants to trade, I'm not an expert but hope this would help you 

1. Find a known and good reputation exchange. Example: Poloniex at Bittrex. Why?
A. There are many exchange sites that has many pump & dump coins
B. These kind of exchange have a high standard of accepting coins
C. They have huge volume so trades are moving constantly
2. Find and search about the coin you want to buy. Example: bitcoin, ltc, eth, etc.
A. Pick old coins that still exists and active to date
B. High Market Capitalization
C. High Volume in exchange
D. Original concepts and active developers
3. Do not buy at the peak price
A. Check the daily or weekly details of its high and low trades
B. Now the saying "Buy low and Sell High" will took place
C. If possible, buy while it still have negative change status if you know the trending will go up
4. Try not to invest in one coin
A. You need to have alternative coin in trading so that your investment will not be stucked while waiting for uptrend
5. Do not be swayed easily by trolls
A. Do Your Own Research ok

thamk you for your trading tips,its very help me to learn about trading altcoin or btc.may you can give me a suggest about psychology trading?

[gribble]

Hello guys this is my suggestion for newbie who wants to trade, I'm not an expert but hope this would help you  

1. Find a known and good reputation exchange. Example: Poloniex at Bittrex. Why?
A. There are many exchange sites that has many pump & dump coins
B. These kind of exchange have a high standard of accepting coins
C. They have huge volume so trades are moving constantly
2. Find and search about the coin you want to buy. Example: bitcoin, ltc, eth, etc.
A. Pick old coins that still exists and active to date
B. High Market Capitalization
C. High Volume in exchange
D. Original concepts and active developers
3. Do not buy at the peak price
A. Check the daily or weekly details of its high and low trades
B. Now the saying "Buy low and Sell High" will took place
C. If possible, buy while it still have negative change status if you know the trending will go up
4. Try not to invest in one coin
A. You need to have alternative coin in trading so that your investment will not be stucked while waiting for uptrend
5. Do not be swayed easily by trolls
A. Do Your Own Research ok

thamk you for your trading tips,its very help me to learn about trading altcoin or btc.may you can give me a suggest about psychology trading?

Well there are not many source informations about psychology trading especially on this forum and psychology trading is related with human brain, basiccally human brain is not made for investments or trading it is made for survive life in the world, my points in here related psychology trading, you must control feels greed and fears on trading activity.

[terrate]

Hello guys this is my suggestion for newbie who wants to trade, I'm not an expert but hope this would help you 


2. Find and search about the coin you want to buy. Example: bitcoin, ltc, eth, etc.
A. Pick old coins that still exists and active to date
B. High Market Capitalization
C. High Volume in exchange
D. Original concepts and active developers

1.3.4.5 is trading basic. so i not quote that.

about 2D, do u got any website can easily get the details?

about 2A, how can i find the create date of old coin?

thanks as im newbie on trade altcoin.

[coinplus]

If we look for quick profits, I am afraid then traders will not find no differences with their trading from gambling. Improper approach in trading will make your trading similar to gambling.

Yes, people go for gambling just with the intention of making quick money, if we are entering into trading with the same intentions, then we will start trading in gambling way and will find the same gambling results.

I'm not finding any good way for making profit with altcoins except getting insider information. Because only people are in touch with devs are making profits in altcoin and others are facing surprises. Manipulations are easily being done with altcoin prices as their market cap and trading volumes are very less hence group of people are easily taking control of it.

[Labumi]

I think it depends on individual purposes, if you want to make huge profit you even willing to trade kind of pump & dump coin. The best suggestion for newbie is learn how the market move.  you never know exactly what is peak of a coin to sell it but you can recognize obviously a good signal to buy a coin via its specification or using technical analytics to review about it, sometime I decide to buy or not based on news.

Yeah, to be a reliable trading. We should be able to do an analysis of every coin you want to use or be used as materials for trading, for analysis can provide some of the views and also predictions about the future of these coins and can make us a better way of looking for the coins. Advantage indeed of things wanted by everyone, but if they only think of profit regardless of the process to be carried then it's just a nonsense and just give you a loss for them.. !!

[Supercrypt]

If we look for quick profits, I am afraid then traders will not find no differences with their trading from gambling. Improper approach in trading will make your trading similar to gambling.

Yes, people go for gambling just with the intention of making quick money, if we are entering into trading with the same intentions, then we will start trading in gambling way and will find the same gambling results.

I'm not finding any good way for making profit with altcoins except getting insider information. Because only people are in touch with devs are making profits in altcoin and others are facing surprises. Manipulations are easily being done with altcoin prices as their market cap and trading volumes are very less hence group of people are easily taking control of it.

Yes altcoins trading is now a days known for manipulations. I'm not sure about inside people information, but people are forming a group and exchanging information for pumps and dumps. Traders who are not part of those group of getting trapped because they will not be aware of when they are going to dumps after inside people book profists from their early pumps.

[Bajank]

There are several important factors that must be answered in addition to the above tips if we want to choose coins for long trading or coin holding systems

1. INTERNAL FACTORS
Internal factors are factors that come from within the project, such as: Team and Products

2. FAKE TEAM
The Team Factor greatly influences the initial description of a project, the better the team that is in a project, the higher the trust in the community, especially the team that is part of the project is a very famous person and has undoubted experience.

3. FAKE PRODUCTS
Consumers of a product from producers, it is due to the use value that will be contacted by consumers of the goods they buy, as well as Project Products in the world of Cryptocurrency. The more useful a product that is produced by a project, the higher the level of interest of people (potential customers) to the project, which will have an impact on the community trust that I have mentioned in the "FACTOR TEAM" point.

4. EXTERNAL FACTORS
External factors are factors that come from outside the project, namely the Community

5. COMMUNITY FACTORS
If it is drawn to the most basic thing in a project in the world of Cryptocurrency, then it is not the internal factor that is the most influential, it is precisely this external factor that clearly determines it.

[Justin Beiiberr]

In my opinion, the most important personal factor in trading is looking at the volume of the exchange and the chart if we play trading with a fast model, we have to pay attention to the closing price of the day because we have advantages and expertise in trading respectively there are many people who want to get big profits at risk which is great but otherwise playing fast is safer. 

[sarmrakib]

Nice to see that you have gathered many suggestion .Hopefully it will help who are new in trading . My trading strategy is so simple to buy in deep and research the latest news well and do my trade .I always do trade on top coin and Top exchanges as well .

[live coin]

We also have to choose a place for a good trade exchange so that we can quickly get profits without taking a long time, Binance exchange, Kucoin Huobi Okex and bibox I recommend for your trade and a little
My simple tip is to buy when the price drops and sell when you get a small profit. 
and next you have to stay relaxed don't panic when prices are down

[AnonBitCoiner]

You made a good initiative buddy.The most feasible one is,the new traders will buy bitcoin at very high price with their inadequate knowledge.They should train themselves to buy at very less price.In exchange,you should choose the least offer and buy at very low.So that you can get more profit from it.

[kikukk]

In buying and selling coins, apart from paying attention to market conditions and internal and external factors, we also really need patience and strong confidence in determining the coins we buy.

[ropyu1978]

In buying and selling coins, apart from paying attention to market conditions and internal and external factors, we also really need patience and strong confidence in determining the coins we buy.

External factor could make you lost with your moment, although have made good analyze and looking good chart for buying but an external factor could make bitcoin suddenly dump, did you see when Donald Trump announce positive covid 19? bitcoin price is good and have potential to higher price but after this announcement make bitcoin crash to lower price and almost altcoin allow to dump, you have check internal and external factor before buy or invest with some coin project,

[carter34]

4A. You need to have alternative coin in trading so that your investment will not be stucked while waiting for uptrend

This can mean being hasty in the market. As a newbie, if you try to always stay in the market maybe with another coin as the above suggest, you can end up in losing everything. So taking it easy and allow to watch how your first trade is interacting with market forces will help you not to repeat same mistake again.

[Kasabus]

We also have to choose a place for a good trade exchange so that we can quickly get profits without taking a long time, Binance exchange, Kucoin Huobi Okex and bibox I recommend for your trade and a little
My simple tip is to buy when the price drops and sell when you get a small profit. 
and next you have to stay relaxed don't panic when prices are down

It's always best to buy low and sell high. Even if the profit is not that big, it's better to sell your coin than holding it for long and end up regretting because the price suddenly goes down. But sometimes losing is inevitable, so we need to stay calm and better get ready for another trading activity. One mistake will definitely leave us a lesson to be more vigilant the next time around.

[MascharonoM]

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