>>> Trading tips for newbi<<<

[Bajank]

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

[1715590284]

1715590284

[Watanabe1505]

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.

[Bajank]

Very good trading tips for newbies. I guess doing your very own research will also include this, knowing about who's behind every single project. Because there are people who are behind shady projects are just the same people from their past failed projects. And another thing is that just invest what you afford to lose, always remember that.

well maybe  Better for trade

[harizen]

C. If possible, buy while it still have negative change status if you know the trending will go up

They can consider that but take note that not every alt is not applicable to the idea of "hugging the FUD and negative news".

Unlike in bitcoin that we can take the FUD as good advantage to acquired coins in cheap prices, some other alts when experienced a price decreases will remain as like that for a long term and even not worth for day trading. There are already lots of regrets happened even they think that the trend will go up. That's how risky altcoin trade is compare to bitcoin trades.

[calkob]

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

I dont really get some of your points, especially 2A  why would you pick an old Alt,  they are usually far less volatile which in my opinion isnt great for an active trader.  picking an old Alt, is more like an investment that it might come up with a new feature and my double in size or something. 

also no 3, "do not buy at the peak if anyone knew where the peak was it would never get there. lol

[U2]

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.

[icecube45]

That's good tips, friend. I am very agree with tips that you give and maybe it can help the newbie to understand the trade.

"A. You need to have alternative coin in trading so that your investment will not be stucked while waiting for an uptrend". For which it maybe each person will be different, I think it is not required to have altcoin because it will not affect. But if you want to try maybe it did not matter.

[iram3130]

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.

With the research of their own, they need to have many skills to became a successful trader..
1. Never be greedy, always set targets and work accordingly..
2. Never panic on market raise and fall, be cool and have hope..

[coinhunter7000]

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

am a newbie and i think this will help me a lot. my interest is centred much in trading but am moving cautiously since am new/

[BrewMaster]

you are making a lot of mistakes in your questions and answers you are giving yourself!
for example your biggest mistake is thinking there is a difference between altcoins and think there is no difference between bitcoin and them.

you should think of bitcoin as a different world.
and all the altcoins being the same. they are being pump and dumped no matter if they are old or new or have a big or small marketcap.

all the other concepts such as original coin and having development are good but never enough for a trader to make profit.

[Sundark]

Although the tips are not bad on their own, but you are suggesting altcoin trading to newbies as good way to profit.
So I gotta say this: newbie trader plus totally explosive nature of altcoin can spell disaster really fast.
If you are beginner trader with appetite to earn fast buck, diving into altcoin ocean is the worst thing you can do.

[Sled]

Although the tips are not bad on their own, but you are suggesting altcoin trading to newbies as good way to profit.
So I gotta say this: newbie trader plus totally explosive nature of altcoin can spell disaster really fast.
If you are beginner trader with appetite to earn fast buck, diving into altcoin ocean is the worst thing you can do.

In my opinion, trading altcoins or altcoin markets are the best for newbies to try investing because it is safer than gambling and other kind of investment like hyips because in altcoin trading you are the one who in charge of managing your money and it can be easily study by a normal person if he has dedication in learning a new thing like trading. If you are a newbie and you want to test the altcoin market make sure that you will use small capital first as a learning process fee and don't be greedy like using big capital in the first few days.

[beerlover]

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.

[jhannlenris]

Thanks for your advice. As a newbie for trading it is better to study more to gain knowledge and skills on how to trade and become a good trader someday. I need to learn on how to analyse and read the map and others. Its better to do trading in altcoins as my practice trading because it will not require high starting capital and for that I can manage if I lose a small amount of my capital but the important thing is I learned to my mistake and my experienced. By the way as a newbie much better if you have a good mentor to start trading.

[Dudeperfect]

Good list for the beginners to take care while trading. It would be great if you can illustrate each point even in the detail so that those who have absolutely no idea about cryptocurrency trading can learn something from it. I really appreciate such efforts of building awareness about trading especially when the pump and dump schemes attracting newbies to earn quick bucks.

[Bajank]

there may be less please tell a friend because I am also a beginner as well 

[noormcs5]

It is really good for newbie, Also you are doing very hard working for help the newbie. Especially in trading in the start everyone want to help to start the trade, the reason is that trading is not easy when we start it than we realize it is time taking work and need attention.

[upsidedown75]

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'm having experience of using third-party trading calls, but their success rate is just to below 50%. When one person is very good on technical analysis definitely he will not try to help you but he will try to use it for his own trading.

Same way we cannot expect those the research and analysis houses will provide you good calls for making you rich.

[wildan88]

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

I dont really get some of your points, especially 2A  why would you pick an old Alt,  they are usually far less volatile which in my opinion isnt great for an active trader.  picking an old Alt, is more like an investment that it might come up with a new feature and my double in size or something. 

also no 3, "do not buy at the peak if anyone knew where the peak was it would never get there. lol

You can see on the graph, how the price of these coins have the highest price reached a peak. also, see the movement of the weekly or monthly. so that we know when buying these coins, whether has reached a peak or not. This is just what normally I do. but you are right, too, because the price is indeed difficult to guess. let alone the price of altcoin quite easily manipulated by certain people

[eternalgloom]

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

I dont really get some of your points, especially 2A  why would you pick an old Alt,  they are usually far less volatile which in my opinion isnt great for an active trader.  picking an old Alt, is more like an investment that it might come up with a new feature and my double in size or something. 

also no 3, "do not buy at the peak if anyone knew where the peak was it would never get there. lol

Buying old altcoins that have almost no proven track record is a bit like investing in penny-stocks.
You might pick one that will land you a good profit over time, if you're lucky.

But usually you have to be lucky to be able to sell it for the price you bought.
Always pick coins that have good trading volume and follow the development of said coin.