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Author Topic: I'm a beginner, I want to start trading. What should i do?  (Read 11454 times)
Phoenil
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April 11, 2017, 02:24:59 PM
#1

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
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April 11, 2017, 03:31:29 PM
#2

Well, the safest thing you can do is just hold your Bitcoin and after many years its value can indeed be reaching 500K and by that time you can be living an easy life. But if you think you don't agree with what I said then the best thing to do is invest it with BitconnectCoin as the price right now is on appreciative mode am sure you can make some money here plus BCC can easily be converted back to Bitcoin for your convenience using some few clicks. Thanks and good luck to your many endeavors in life.

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April 11, 2017, 04:14:55 PM
#3

Trading altcoins is a good way to build up capital but it goes hand in hand with the following: 'always use money you can afford to lose'. I think you should start with doing research. There are a couple good videos on YouTube that will get you started.
I would recommend using poloniex for trading your altcoin simply because they have the largest amount of volume.
To answer your fourth question I wouldn't recommend getting involved with bots right of the bat. Try things out and make sure you know what you're doing before you get things automated.
I can't really put a number on the risk factor simply because there are 1000s of altcoin out there. Just make sure you avoid pumps and dumps some coins tend to explode today for instance and get dumped the next day.
So my advice in short. Learn it. Understand it. Believe it. Trade it.


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April 11, 2017, 04:29:27 PM
#4

You don't want to invest your money in some risky moola, but trading is risky as well, especially with Alt Coins. You can try on Youtube to find some tutorial videos about it. Most Alt Coins are dying every day, because they are very unstable and sometimes you can buy a ''trusted'' Alt Coin and see a low flutuation, making the profit hard to happen...

Bitcoin is better, you already have 0.5 BTC, you can just hold it and sell when the price hits big prices. If you think the price will hit half million of dollars in 2030 just hold it... Sell and buy your BTCs meanwhile, it's the safer trade in my opinion.

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April 11, 2017, 08:58:25 PM
#5

First, study the forum.
Many of your questions will be answered here.

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April 11, 2017, 09:58:49 PM
#6

First of all i want to thank you everyone for your answer and your time.

@iamTom123 Thanks for your beautiful words. I've read about BCC and I'm thinking about it, but also like @mrcash02 said, I'm thinking to hold BTC and resell when it goes a lot higher, maybe helping myself with some tips that I find on tradingview.com and then buy again when it drops.

The question now is that I'm using a Coinbase wallet and if I want to sell my BTC I have to pay around 7-8 fees. Is this okay or I can do this operation with less fees?
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April 11, 2017, 10:10:08 PM
#7

First of all i want to thank you everyone for your answer and your time.

@iamTom123 Thanks for your beautiful words. I've read about BCC and I'm thinking about it, but also like @mrcash02 said, I'm thinking to hold BTC and resell when it goes a lot higher, maybe helping myself with some tips that I find on tradingview.com and then buy again when it drops.

The question now is that I'm using a Coinbase wallet and if I want to sell my BTC I have to pay around 7-8 fees. Is this okay or I can do this operation with less fees?
There are Bitfinex and BTC-e. Both take up to 0.2% fees on trades, which is equal to $2 when trading $1000. Besides, it's dangerous to keep your Bitcoins on an online wallet, they control your funds and know your private keys, so your precious bitcoins are subject to be stolen. Use an offline wallet with high security measures, if possible.
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April 11, 2017, 10:13:56 PM
#8

First of all i want to thank you everyone for your answer and your time.

@iamTom123 Thanks for your beautiful words. I've read about BCC and I'm thinking about it, but also like @mrcash02 said, I'm thinking to hold BTC and resell when it goes a lot higher, maybe helping myself with some tips that I find on tradingview.com and then buy again when it drops.

The question now is that I'm using a Coinbase wallet and if I want to sell my BTC I have to pay around 7-8 fees. Is this okay or I can do this operation with less fees?
There are Bitfinex and BTC-e. Both take up to 0.2% fees on trades, which is equal to $2 when trading $1000. Besides, it's dangerous to keep your Bitcoins on an online wallet, they control your funds and know your private keys, so your precious bitcoins are subject to be stolen. Use an offline wallet with high security measures, if possible.

What do you think of Poloniex?
Btw, you mean that Coinbase can steal my Bitcoins?
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April 11, 2017, 10:17:05 PM
#9

First of all i want to thank you everyone for your answer and your time.

@iamTom123 Thanks for your beautiful words. I've read about BCC and I'm thinking about it, but also like @mrcash02 said, I'm thinking to hold BTC and resell when it goes a lot higher, maybe helping myself with some tips that I find on tradingview.com and then buy again when it drops.

The question now is that I'm using a Coinbase wallet and if I want to sell my BTC I have to pay around 7-8 fees. Is this okay or I can do this operation with less fees?
There are Bitfinex and BTC-e. Both take up to 0.2% fees on trades, which is equal to $2 when trading $1000. Besides, it's dangerous to keep your Bitcoins on an online wallet, they control your funds and know your private keys, so your precious bitcoins are subject to be stolen. Use an offline wallet with high security measures, if possible.

What do you think of Poloniex?
Btw, you mean that Coinbase can steal my Bitcoins?
No one can steal your money but still its not recommended to keep money on exchanges better keep them safe under your control Poloniex is very good and you can try them I am also using for some time without any problem




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April 11, 2017, 10:47:39 PM
#10

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

You can just hold your bitcoin if you really believe this.
But I'm completely new in this world.

1) What should I start?

You should start reading. Read all about altcoins, altcoin announcement and development.  And study how they behave.

2) Which platform should I use?

Any platfrom that trade bitcoin and altcoin will do, just make sure to avoid suspicious trading platfrom.

3) How can I analyze the Altcoins?

Check their forum, see their trading volume, check their charts and be aware of latest news and update.

4) Auto or Manual?

Why not combine and use them both.
5) From 1-10 how much is risks in trading Altcoins?

Depends on your level of skill in trading, if you are a novice it is 10 (being the highest risk) and if you are a professional it will be 1 or 2



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April 11, 2017, 11:32:34 PM
#11

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

Well first of all good luck. But realize that no successful trader is going to hand over his or her techniques for entries and exits, stop losses and money management. They learned it the hard way in the trenches and often some expensive lessons learned. The best thing you can do is study the masters who have written books and trade on paper until you have proven to yourself you have a shot at making money. It will not be easy but you might have some fun. Trading is not for everyone. Day trading is pretty stressful so you might want to concentrate on medium to long term trades. Or not bother at all and just buy and hold bitcoin and perhaps a few altcoins like Monero which have real value as they offer something bitcoin can not.

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April 12, 2017, 02:08:24 AM
#12

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You should start on knowing about basic trading lessons and next learn about cryptos then try to trade on small amounts on reputable exchanges like polo,ccex,bittrex and there are lots to mention and then always seek for potential altcoin.

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April 12, 2017, 02:30:48 AM
#13

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

Hello ts, First thing you should do is study how trading works there's a lot of thread in this site that help you and give you idea. But be wise on trading Good luck ts.

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April 12, 2017, 02:34:16 AM
#14

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

0.5BTC is a good capital to start trading. That would give you a decent amount of profit. However, since you are only starting to know trading. I suggest you start with just 0.01 BTC, reason? To prevent huge loss of BTC since Altcoin trading involves high risk since you are not familiar with it yet. If I am going to rate that for you its 10.

3) How can I analyze the Altcoins?
Quote
1) What should I start?

Start with the basics, trade with once currency and try to master how the market goes, what factors affects the movement of the market, right timing to buy and sell and where to hold the currency. That should take you at least 1 week to familiarize those.

Quote
2) Which platform should I use?

Well personally, I found it easy to trade in C-cex.com since they have the most simplest platform in trading. Its newbie friendly site. Have a try.

Quote
3) How can I analyze the Altcoins?

Have a deep research first on the coin. If it has ANN Thread. Look for its reputation. That would help you decide whether to trade that coin or not.

Quote
4) Auto or Manual?

Personally, I haven't tried trading in Auto (bot) so I suggest trading with manual. That will also help you understand how the market goes and generate BTC with yourself.

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April 12, 2017, 03:02:50 AM
#15

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

First, where did you read / heard about that speculation that price of bitcoin will be that high on 2030? Trading is popular and one of the best way to earn bitcoin nowadays.

1) What should I start?

Since you are telling that you don't have complete knowledge on trading, study on how trading works, about the buy and sell activity of it. And on how you are going to divide that 0.5 BTC.

2) Which platform should I use?

Use those popular sites like poloniex,bittrex and if you want to try out trading for free, I can suggest yobit, they are offering free alt coins.

3) How can I analyze the Altcoins?

You can follow some threads about those coins, each of them has an announcement thread on this forum, https://bitcointalk.org/index.php?board=159.0

4) Auto or Manual?

I would not advise to trade with auto or using bot for your trade, it's better if you'll experience it the usual way and do manual trading.

5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

There's no certain rating on how much risk you will get in trading of alt coins because the market is keep on changing. If there is, I guess it's 5.






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April 12, 2017, 04:31:39 AM
#16

great platform to start trading its localbitcoin.....then afer you can go to paxful but you have to read all books from bitcoin.org, and dev boad on this forum
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April 12, 2017, 04:40:02 AM
#17

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1. You must read about trading discussion on bitcointalk, many informations for the beginner.
2. For trading altcoins you can use poloniex.com because it can be trusted.
3. You must learn about analysis technical for making prediction the price, many source about it on YouTube you can check on there.
4. For first time manual because if you use trading robot, the bot doesn't mean good for you.
5. 10 is risk in trading altcoins because many shitcoins.
Please move this thread on trading discussion not on here. Good luck

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April 12, 2017, 04:59:27 AM
#18

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

0.5 bitcoin is a big amount of bitcoin for me. I think you should try the Demo first on the trading sites, you can try, learn and adapt first on the trading sites. When you already confident about your trading, you can start using your real money/bitcoin. Find many informations about altcoins, go to their ANN thread, look their updates and if all good, you can invest on that altcoins. Good luck on your trading.

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April 12, 2017, 07:11:09 AM
#19

If you really want to earn you should take the risk, trading is also high risk if you don't know what to do. You have prediction thay it will be 500.000/btc then why not to hold the coins? No risk at the same time.


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April 12, 2017, 12:00:06 PM
#20

If you really want to earn you should take the risk, trading is also high risk if you don't know what to do. You have prediction thay it will be 500.000/btc then why not to hold the coins? No risk at the same time.
it is the risk of each job. but for me trading have less risk than playing gambling. in trading we will not lose all the money we have. maybe at most only about 20% to 50%. I would argue that investment in trading is safe. each person must have a different opinion.  Smiley

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April 12, 2017, 12:05:31 PM
#21

Never do panic sells/buys, you'll be ruined otherwise. If you want to be a successful, you be the one who set the price, don't let someone else do it for you. Also know that you can't exactly set a price on bitcoin because bitcoin's value fully comes from its users. It is not a house, it is not gold, it is not potatoes. People always be able sell it cheaper than you do. Know it that its a volatile market and you can end up with nothing.

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April 12, 2017, 12:52:56 PM
#22

Trading is a completely different concept to learn and trading is acquired only when you have practical experience on it. There are many videos on youtube regarding trading but consider them as a suggestion because each person has his own views when it comes to trading.

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April 12, 2017, 01:05:36 PM
#23

Not to lose your hard earned money google search trading strategies and possibly youtube is another avenue for learning trading although it's gonna time your time but it's worth it rather than losing your money after learning all the rudiments of trading try and demo your strategy before putting your real money or going live.

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April 12, 2017, 02:17:24 PM
#24

Not to lose your hard earned money google search trading strategies and possibly youtube is another avenue for learning trading although it's gonna time your time but it's worth it rather than losing your money after learning all the rudiments of trading try and demo your strategy before putting your real money or going live.
Well, using google search for finding trading strategies is a really dumb idea.
You should get into books about it, nobody will like to reveal his secret on the internet, believe me.

For example, it is very hard (if not impossible)to find a full tutorial of price action scalping in the web, but the books are basically available in many places.
Except the strategy or technique, you need to have knowledge about how market works, and it's mechanics.

Trading news should be watched every day, and im not talking about the programme in TV, but e.g cryptocurrency news if you do altcoin trading.
Information is a very important thing in trading, having it first may help you to get into really good trades that can make up your profit better.














 

 

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@prashant
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April 13, 2017, 02:23:20 PM
#25

Not to lose your hard earned money google search trading strategies and possibly youtube is another avenue for learning trading although it's gonna time your time but it's worth it rather than losing your money after learning all the rudiments of trading try and demo your strategy before putting your real money or going live.
Well, using google search for finding trading strategies is a really dumb idea.
You should get into books about it, nobody will like to reveal his secret on the internet, believe me.

For example, it is very hard (if not impossible)to find a full tutorial of price action scalping in the web, but the books are basically available in many places.
Except the strategy or technique, you need to have knowledge about how market works, and it's mechanics.

Trading news should be watched every day, and im not talking about the programme in TV, but e.g cryptocurrency news if you do altcoin trading.
Information is a very important thing in trading, having it first may help you to get into really good trades that can make up your profit better.
Even if you read hundreds of book then also there is not guarantee you will able to do it. It is same as share market but more volatile.only doing by self and loosing or winning some currency will give you an idea. The important part is patience and good prediction of its trade.
Trades should invest in top coins only as even they loose some value they will regain it quickly.

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April 13, 2017, 03:06:19 PM
#26

Trading is a completely different concept to learn and trading is acquired only when you have practical experience on it. There are many videos on youtube regarding trading but consider them as a suggestion because each person has his own views when it comes to trading.

Hmm, I don't see that having a basic concept or trading. Because of the nature of trading essentially was selling and every sale definitely need an analysis of the market that they are doing the trading. So, if you want to become a trading correct then you should be able to know and understand the trading until analysis. If you can grasp and understand about trading then it is already highly enough to be able to benefit
 





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April 14, 2017, 04:22:00 PM
#27

Trading is a completely different concept to learn and trading is acquired only when you have practical experience on it. There are many videos on youtube regarding trading but consider them as a suggestion because each person has his own views when it comes to trading.
The problem with all these videos is that they basically dont teach anything.
I always thought that showing few patterns on video with entry and exit price isn't helpful at all for a newbies, they can only try to memorize the pattern and look for it in the real markets, but that won't make a job.
It is about recognizing when to enter, when the specific incident occurs you have to be ready to go short/long.

Without any practical experience ( on real money ) you won't make a career as a trader, demo accounts won't do the thing.
It is because when the real money is involved, the panic and uncertainity goes in to the game. If you play only on demo, you dont really care if the trade you look at will be winning or losing one.


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April 14, 2017, 06:27:01 PM
#28

basic things you need to do, is find out everything related to trading, and learn it as quickly as possible. when you are already familiar with trading, begin by raising capital, or bitcoin as a prefix for you. Well, try it with a small amount, because it can make you better in the analysis of trading. Well, this way has always managed to generate a small profit in trading.


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April 14, 2017, 07:00:17 PM
#29

Trading altcoin is profitable. You  can make coin trading doge because the margin is high. I trade at https://exmo.com/?ref=122475 you can start from small amount of bitcoin. Minimal deposit is 0.001 Btc

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April 14, 2017, 10:16:14 PM
#30

Trading has a lot opportunities to get extra bitcoins, but besides research you need to follow the market interest as well follow the fresh news, soo you need to read and follow news at first. Then you have to put your coins at risk, and choose a strategy, daily traders usually once they hit the roi they drop their coins and moove into others or wait some opportunity, but there is no way to predict the market at all.
Last month i bought doget at 19 satoshis, this month it had reached already 45 satoshis and now traded around 38 satoshis, this is just to show you that with some coins the waiting period might worth the risk.

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April 15, 2017, 04:47:03 AM
#31

Trading altcoin is profitable. You  can make coin trading doge because the margin is high. I trade at https://exmo.com/?ref=122475 you can start from small amount of bitcoin. Minimal deposit is 0.001 Btc
yes there is no doubt about this that trading alt coin is really profitable, i have personal experience of trading alt coin and getting good profit from it.

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April 15, 2017, 05:56:14 AM
#32

You can save your bitcoin as bitcoin itself is investment. For other choices you can invest in altcoins. High risk but high profit also. 0.5bitcoin is a big number already. Why not turn it to 1bitcoin in alts trading. You should watch youtube and google it more my friend. Experient by yourself and learn from mistake. My advice do not put your egg only in one basket ok.kbye
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April 15, 2017, 06:37:36 PM
#33

Any beginner must start with demo accounts. For crypto currency trading only very few exchanges are offering demo accounts, you can check for bitfinex for availing demo accounts. I'm not sure they are still providing it.

In the case you cannot find, you can choose any Forex broker and trying with them to get familiar with various trading tools. Without demo accounts also we can get practice by just watching market and doing trading in paper itself.

Secondly you must watch more videos on youtube about different trading strategies and methods to get yourself familiar with them.

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April 15, 2017, 07:58:33 PM
#34

it's very successful to open titles like this.I do not know how much the person who opened the title controlled it.But I look at it from time to time and it is very educational.I want to give  some ideas.I'm following the coins that will go to the new market.And I try to collect information about these coins as much as I can.So I reduce the risk. And I can see the future of coin more clearly. There are a few coins I follow. If you want to send a private message.But it is certainly not investment advice.It's just my idea.







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April 15, 2017, 08:32:29 PM
#35

1) What should I start?
You could go down two routes.  You could start by looking at the altcoin announcements section and finding the altcoins with the most potential and investing in them at the beginning/during ICOs, or you could start by day trading relatively stable currencies like Monero or something based on smaller fluctuations (day trading).
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2) Which platform should I use?
Poloniex is best in my opinion.
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3) How can I analyze the Altcoins?
Find their subreddit, websites and ANN thread so that you can keep up to date and predict future events related to the coin based on the state of it and sell or buy based on how these events affect/will affect the market.  This is called fundamental analysis.  The other form of analysis is technical analysis, which is where you analyse the state of the market through charts/graphs in order to try and find how the price will change.
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4) Auto or Manual?
If you're day trading, you can use bots as an assistant as long as you're very aware of trading and how to handle it manually in various situations.
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5) From 1-10 how much is risks in trading Altcoins?
10.
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April 15, 2017, 10:04:32 PM
#36

If you are a beginner then do not start with that much amount because you will not be able to predict the market and you will not be able to earn from your investment if you were not having skills in trade. Put a smaller amount in the market and start to learn with that.


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BitcoinHeroes
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April 15, 2017, 10:09:10 PM
#37

If you are a beginner then do not start with that much amount because you will not be able to predict the market and you will not be able to earn from your investment if you were not having skills in trade. Put a smaller amount in the market and start to learn with that.

So of course you can do it this way too.Set some amount you will not feel sorry for when you lose.You can at least learn about the operation by trial and error.


YTBitcoin
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April 15, 2017, 10:58:09 PM
#38

First of all go to some expert and professional traders and get training from them you can also join some training institutes for starting the trade and when you find that you are in the stage that you can invest and will win in the trade without any risk then start to trade.


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sotoshihero
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April 16, 2017, 12:53:32 AM
#39

As a beginner or newbie especially on cryptocurrency trading, you need to study more details about trading. Also, by doing trading in real time in small amount is a good idea to start with as you are immersed in trading at the same time learning it. Start from reputable trading site like Polo. Good luck.

MiXxe
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April 16, 2017, 04:09:11 AM
#40

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You may start at 0.01-0.05BTC amount only for you to experience how it is and try to buy some active coins.
There are many trading sites there just make some research .
Check some threads here in altcoin .It is a big help , I only analyze it by some movements and update from my co trader from the start .
Manual or auto depends on your time to watch your trades.
10 as a start because you are an empty cup ,the skills you will learned will lower the risk of your trades.

GUTS | GET-Protocol ICO
smart-ticket protocol for events | live product with market traction!
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ChronoLite
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April 16, 2017, 04:14:23 AM
#41

As a beginner or newbie especially on cryptocurrency trading, you need to study more details about trading. Also, by doing trading in real time in small amount is a good idea to start with as you are immersed in trading at the same time learning it. Start from reputable trading site like Polo. Good luck.
Yes, start with small amount first and then with the time being you can add more to invest with your knowledge growing up every time you see the market and pump/dump event. Like you said better to learn about trading and research about coins you would like to invest.


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24th Sept 2017
CraigWrightBTC
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April 16, 2017, 04:20:32 AM
#42

I think you must know about analysis technical for making prediction and find the trend of price,
the source of about analysis technical can learned on internet web browsers are your friends.
 I suggest for trading altcoins because of it can use small amount of capital and can use large of capital
and always use idle money for capital.
uneng
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April 16, 2017, 04:43:42 AM
#43

I think you should know alt coin trading isn't easy and you can lose a lot of money trying to earn profit, especially if you are trying to trade unknown recently pumped alt coins, as they die very often and after a big pump the price is dumped fastest.
Trade with bitcoins is the best trade you can do, it's safe, you don't need to worry if the currency will lose price.

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alexsandria
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April 16, 2017, 05:57:23 AM
#44

I think you should know alt coin trading isn't easy and you can lose a lot of money trying to earn profit, especially if you are trying to trade unknown recently pumped alt coins, as they die very often and after a big pump the price is dumped fastest.
Trade with bitcoins is the best trade you can do, it's safe, you don't need to worry if the currency will lose price.
Trading in any currency is risky, including trading altcoins. Since in altcoins, it is in its developer on how does the market goes. If the developers decided to dump it, all of its investors would lose their money which could cause a coin to die and the only people that take advantage of that are the exchangers and its developers. However, not all of altcoins end up with this since many altcoin get sucessful and it's a crtypto currency coin now.

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April 16, 2017, 06:36:09 AM
#45

I think you should know alt coin trading isn't easy and you can lose a lot of money trying to earn profit, especially if you are trying to trade unknown recently pumped alt coins, as they die very often and after a big pump the price is dumped fastest.
Trade with bitcoins is the best trade you can do, it's safe, you don't need to worry if the currency will lose price.
Trading in any currency is risky, including trading altcoins. Since in altcoins, it is in its developer on how does the market goes. If the developers decided to dump it, all of its investors would lose their money which could cause a coin to die and the only people that take advantage of that are the exchangers and its developers. However, not all of altcoins end up with this since many altcoin get sucessful and it's a crtypto currency coin now.
Both tradings in bitcoin or altcoin is risky either, there's no such thing as safe trading because you still have the risks of losing your money anytime. Trading bitcoin sometimes are really hard because you often can't predict the dumping or pumping by the market, you can only follow the trends, if you're against it, you're doomed. Whereas with altcoin, if the developers were releasing some good news regarding the project, the price of the following altcoins will be pumped.

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geopolisch
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April 16, 2017, 10:50:18 AM
#46

As a beginner or newbie especially on cryptocurrency trading, you need to study more details about trading. Also, by doing trading in real time in small amount is a good idea to start with as you are immersed in trading at the same time learning it. Start from reputable trading site like Polo. Good luck.
Yes, start with small amount first and then with the time being you can add more to invest with your knowledge growing up every time you see the market and pump/dump event. Like you said better to learn about trading and research about coins you would like to invest.
I would say that even when starting make sure that you just trade stable and well known coins.

Never buy and sell the coins being sold in the ICO for example there is a ICO going on for BOSCOIN which I am sure will get successful but the user's might not earn much with that. The coin will just behave like ICONOMI first too much interactions then no actions from the developers.


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AjithBtc
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April 16, 2017, 11:56:49 AM
#47

As a beginner or newbie especially on cryptocurrency trading, you need to study more details about trading. Also, by doing trading in real time in small amount is a good idea to start with as you are immersed in trading at the same time learning it. Start from reputable trading site like Polo. Good luck.
Yes, start with small amount first and then with the time being you can add more to invest with your knowledge growing up every time you see the market and pump/dump event. Like you said better to learn about trading and research about coins you would like to invest.
As described experiment your ability with small amount. Gradually increase the amount if you feel yourself a successful person in trading. The reason is that trading is one among the high profiting source, based on this more capital is invested without proper knowledge. This leads to big loss.

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beerlover
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April 16, 2017, 12:46:43 PM
#48

As a beginner or newbie especially on cryptocurrency trading, you need to study more details about trading. Also, by doing trading in real time in small amount is a good idea to start with as you are immersed in trading at the same time learning it. Start from reputable trading site like Polo. Good luck.
Yes, the books and the articles don't as much as do the actual investment and real life experiences, I used to get very excited seeing a lot of pages about a coin being talked and I just invest blindly but with time I have learned that that hype actually created to loot guys like me and other newbies.


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beber456
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April 16, 2017, 08:06:18 PM
#49

im learning trading too . I found 2 pro trader streaming  recently so i decided to focus it . Its helps a lot to chat/talk  with a pro ... they gave me some nice site/ forum for learning:
babypips :  free school ,  great site !
tradingview : for ananlysis

enjoy ^^
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April 16, 2017, 08:21:41 PM
#50

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

It's better to first analyse the altcoin you are trading with. You can first analyse the chart of the altcoin that gives you a fair idea of what the price was at the start and how many times has it reached some threshold. For example, I received DTB and it started of with a high price like 0.0001 BTC and now it's double the amount. It has been down and up but mostly stable at 0.00017 which means it's pretty safe to buy DTB at that price. The same way you can go about while buying altcoins. The risk for altcoins trading cannot be calculated but you should be an active trader rather than just leaving your altcoins and not keeping track of their price. Set a threshold for them (keeping atleast 20% profit margin) and then sell it. You can use any exchange website to trade or sell the altcoins on BCT forum. You should manually analyse altcoins.


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Victorycoin
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April 16, 2017, 08:30:09 PM
#51

im learning trading too . I found 2 pro trader streaming  recently so i decided to focus it . Its helps a lot to chat/talk  with a pro ... they gave me some nice site/ forum for learning:
babypips :  free school ,  great site !
tradingview : for ananlysis

enjoy ^^

You are on the right track! If you would focus to learn the ropes at Babypips till graduation for no matter  how long it may take, you would be  glad with the reward it would be bringing in, in your trading career. Tradingview should be after you might  have laid a solid foundation at Babypips, beyond that you are good to go.

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April 16, 2017, 09:07:26 PM
#52

if you newbie i think is good you trading bitcoin pair with fiat money not altcoin trading
because is altcoin trading fluctuative price is very high
about anlys you can use meta trader 4 in there indicator is very much, you can use fxopen to anlys

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Wowcoin
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April 17, 2017, 06:16:49 AM
#53

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
I think the first you do is to search what platform you comfortable to trade. As you said you are a newbie so you must learn how to buy low and sell high. In trading theres a time that you set for bidding. So that you can buy altcoin lower price.
Trading is the best way you to earn money and you have must patience to wait for the right timing to buy and sell.

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April 17, 2017, 06:59:00 AM
#54

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.

I'm not so familiar with altcoin trading but the things i know is:

1. U should go poloniex (exchange trading) and coinmarketcap to know the coin volume ,details , and chart (for every trading)
2. Poloniex . the exchange should avoid as newbie is yobit.
3. For me i prefer chart reading and know some basic of that altcoin.
    In altcoin trading, the volume is VERY Important as the dead coin because no people do trading on that.
4. Manual .
5. Altcoin i will give 8 on that, because it might become zero value. Bitcoin i will give 6 .
terrate
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April 17, 2017, 07:06:31 AM
#55

im learning trading too . I found 2 pro trader streaming  recently so i decided to focus it . Its helps a lot to chat/talk  with a pro ... they gave me some nice site/ forum for learning:
babypips :  free school ,  great site !
tradingview : for ananlysis

enjoy ^^


Babypips is trading newbie MUST go site as got many chart information .
tradingview i not so familiar.

U can check some forum which backed up by broker like myfxbook etc.

Those can use in trading forex . ^^



 
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April 17, 2017, 08:16:17 AM
#56

First, study the forum.
Many of your questions will be answered here
shield132
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April 17, 2017, 08:19:16 AM
#57

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.

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xFiber
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Ice Rock Mining- The Most Profitable Mining


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April 17, 2017, 09:16:35 AM
#58

First, study the forum.
Many of your questions will be answered here
Agreed. The forum is filled up with knowledge from different brains around the globe. But also don't be afraid to get started. When I got started I deposited 0.001BTC in my poloniex account and I tried things out.

In order to be a successful trader you need to have knowledge but you also have to able to act real-time.


     Ice Rock Mining                   The Most Profitable Mining     ▬     Whitepaper     ▬     ANN Thread
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April 17, 2017, 10:07:27 AM
#59

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.
Yup this forum is a big library for all Bitcoins related questions, here whatever you have doubt just ask in this forum you will get all possible answers from experts in Bitcoin. Bitcoin trading is not easy work, and you have to learn a lot of things before entering this trading. Once you got basic knowledge then start small amount trading it will teach you how to do trading in the real world.
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April 17, 2017, 11:31:20 AM
#60

you should start with low volume trading on established platforms like Poloniex,Btc-e etc.
1.yous hould start with reading some begiiner's guides into trading,at least learn basic strategies and terms
be able to deposit and withdraw
2.any trusted trading platform will do -I would suggest Poloniex for begiiners,Yobit (if you want to start very low and don't mind lack of support)
3.use sites like coinwarz.com or ,literally any chart side you find
4.you have to understand manual before proceding to auto
5.altcoin is same as any asset trading,the main idea is find the volatile market and follow it's movement
you can profit on both falling and eising market equally well


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olcaytu2005
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GET IN - Smart Ticket Protocol - Live in market!


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April 18, 2017, 11:07:55 AM
#61

To me, you can start with interpretation of graphics. Graphs gives us an idea whether an alt coin will be pumped or dumped. Also, you can follow this platform. When I started learning process of Bitcoin, this forum helped me to understand some topics better.
In addition, there are always risks in investing or trading. It does not matter whether opening a new company with your country's currency or trading with Bitcoin. In a nutshell, as you know that money is risky.

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.


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blackhawkeye1912
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April 20, 2017, 03:42:33 PM
#62

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1) What should I start?
  - You can begin with the basic learning in trading first.
2) Which platform should I use?
  - There many good platform where you can use it such as Poloniex, Bittrex, c-cex, Novaexchange and bitcoinwisdom.
3) How can I analyze the Altcoins?
  - First you must check the coinmarketcap.com then check the top 20 listed and those altcoins that has been listed are the legit one.
4) Auto or Manual?
  - It is still much better to use manual than using any bot.
5) From 1-10 how much is risks in trading Altcoins?
  - 8 average because if you get or did a wrong prediction you will loss everything you had.

MB boss
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April 24, 2017, 09:47:06 PM
#63

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.
Yup this forum is a big library for all Bitcoins related questions, here whatever you have doubt just ask in this forum you will get all possible answers from experts in Bitcoin. Bitcoin trading is not easy work, and you have to learn a lot of things before entering this trading. Once you got basic knowledge then start small amount trading it will teach you how to do trading in the real world.
But a trader do not have to rely on asking question on any place but he will need to start learning from a more expert person and it will be more better if he take some classes for learning trade from an institute so that he will not make his money in risk.
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April 25, 2017, 05:26:39 AM
#64

well Alt-coins are incredibly risky so i would put a 10 on that.  However there is a lot of potential as the saying goes.  As long as only a small amount of your portfolio is on that then you are fine.
btcdiggingmaster
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April 25, 2017, 07:00:55 AM
#65

For a beginner, it is very difficult to understand about trading and everything seems to be tough to understand. Learn basics it will be very easy to learn because trading always needs assumption knowledge. At the same time, you need to have practical experience so it will benefit you in all aspects of trading.

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Phyton76
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April 25, 2017, 08:05:21 AM
#66

For a beginner, it is very difficult to understand about trading and everything seems to be tough to understand. Learn basics it will be very easy to learn because trading always needs assumption knowledge. At the same time, you need to have practical experience so it will benefit you in all aspects of trading.
As a beginner trader, everything is unpredictable where in most of their trades lose. However, if they never stop learning and never stop listening from profesonal traders, they can achieve the essence of trading.

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🌟ATLANT ICO ENDING SOON🌟


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April 25, 2017, 09:37:44 AM
#67

Good that you have faith that's Bitcoin in 2030 can reach 500.000/BTC, and when the price can reached many people will be rich.
You must make an account on exchange like poloniex bittrex etc, and make deposit, making analyze with read the update about altcoin project, I'm using manual trade and trading is very risk more capital you use can give profit and also loss with big amount.

terrate
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April 25, 2017, 09:51:24 AM
#68

you should start with low volume trading on established platforms like Poloniex,Btc-e etc.
1.yous hould start with reading some begiiner's guides into trading,at least learn basic strategies and terms
be able to deposit and withdraw
2.any trusted trading platform will do -I would suggest Poloniex for begiiners,Yobit (if you want to start very low and don't mind lack of support)
3.use sites like coinwarz.com or ,literally any chart side you find
4.you have to understand manual before proceding to auto
5.altcoin is same as any asset trading,the main idea is find the volatile market and follow it's movement
you can profit on both falling and eising market equally well



the yobit u forget to mention there are many dead coins. That is VERY important for newbies.
Even i nearly got big loss on yobit because of that.
kidoseagle0312
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Any store can buy, sell, and accept Crypto


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April 25, 2017, 03:02:18 PM
#69

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1) What should I start?
   First you need to start at basic learning in trading check this link:
   https://bitcointalk.org/index.php?topic=1024457.msg11085774#msg11085774
2) Which platform should I use?
   You can choose Poloniex, bittrex, bitcoinwisdom
3) How can I analyze the Altcoins?
   For you to find out on which altcoins is legit and potential you must check
   the coinmarketcap.com then its up to you to choose in which the top 20 listed coins
   you are going to buy.
4) Auto or Manual?
   Much better to use manual,  for you to appreciate what you are doing.
5) From 1-10 how much is risks in trading Altcoins?
   I think 7 average rate. Smiley


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AngelSky
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April 25, 2017, 03:13:54 PM
#70

Good that you have faith that's Bitcoin in 2030 can reach 500.000/BTC, and when the price can reached many people will be rich.
You must make an account on exchange like poloniex bittrex etc, and make deposit, making analyze with read the update about altcoin project, I'm using manual trade and trading is very risk more capital you use can give profit and also loss with big amount.


Why trades would be risky. I use to do the trading in localbitcoins only and its simply good place to do the trading. You can find the automated escrow which the selling amount via that. Simply you need to look into the price chart continuously to get the profit by set-up the trade volume in sell and buying options.

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DrGuns4Hands
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April 25, 2017, 03:18:09 PM
#71

I also want to start trading and after reading all responses to this topic is very helpful for us beginner to be a veteran trader in the future. that's why I'm reading all over the net how to be a successful trader in bitcoin and that's the reason also why i have ETH and Altcoins so i can do trading so successfully.

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April 25, 2017, 03:42:02 PM
#72

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
You want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.
Yup this forum is a big library for all Bitcoins related questions, here whatever you have doubt just ask in this forum you will get all possible answers from experts in Bitcoin. Bitcoin trading is not easy work, and you have to learn a lot of things before entering this trading. Once you got basic knowledge then start small amount trading it will teach you how to do trading in the real world.

Yeah, it is pretty difficult for those who only play or just the thought of profit without seeing a strategy or game inside. Bitcoin is not a suitable place for those who only see the advantage without trying, all the work has its own responsibilities and difficulties so that when you get a job then be grateful and do not ever forget the fellow who was in need and also never forget the Lord
 

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wuvdoll
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April 26, 2017, 08:24:02 PM
#73

you should start with low volume trading on established platforms like Poloniex,Btc-e etc.
1.yous hould start with reading some begiiner's guides into trading,at least learn basic strategies and terms
be able to deposit and withdraw
2.any trusted trading platform will do -I would suggest Poloniex for begiiners,Yobit (if you want to start very low and don't mind lack of support)
3.use sites like coinwarz.com or ,literally any chart side you find
4.you have to understand manual before proceding to auto
5.altcoin is same as any asset trading,the main idea is find the volatile market and follow it's movement
you can profit on both falling and eising market equally well



the yobit u forget to mention there are many dead coins. That is VERY important for newbies.
Even i nearly got big loss on yobit because of that.
I think the first thing to do for a newbie when it comes to trading is that you should take your time into learning the basics of trading and how the market works and the prices change, before jumping into trading, and first and the far most important thing is that you know what you are actually going for and whether trading is good for you or not, and if you are willing to go all the way even if you lose couple of times.

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April 27, 2017, 07:44:22 PM
#74

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
Not easy when someone wants to plunge into the world of altcoin trade, despite having big capital. The first thing that must be owned is a coin analysis that can provide benefits. Patience and appropriate action must be taken so as not to lose capital. Take any profit then be grateful. Many good exchangers to start trading, such as bittrex, poloniex, yobit, liqui, etc. I prefer bittrex, the movement is not too fast but the benefits are pretty good. The most important thing now is just do it and experience will teach how to trade it. Cool

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April 27, 2017, 07:54:28 PM
#75

well Alt-coins are incredibly risky so i would put a 10 on that.  However there is a lot of potential as the saying goes.  As long as only a small amount of your portfolio is on that then you are fine.
They're not if you handle them carefully and only trade the trusted ones (LTC, ETH,...). All you need is a basic understanding of what trading is about. Recognize good trading opportunities and don't panic sell ever.


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Blackdeath
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April 28, 2017, 01:16:09 PM
#76

well Alt-coins are incredibly risky so i would put a 10 on that.  However there is a lot of potential as the saying goes.  As long as only a small amount of your portfolio is on that then you are fine.
They're not if you handle them carefully and only trade the trusted ones (LTC, ETH,...). All you need is a basic understanding of what trading is about. Recognize good trading opportunities and don't panic sell ever.
For a beginner trader, it's better to trade only which the market is more likely to be stable yo prevent huge percentage of money lose. However, as you know everything and you are seeking for high inflation altcoins, you may try new coin which has a huge potential to pump rapidly or gradually for bigger profit. This is quite risky yet if it is understood clearly and you are updated on its market, it would be easy for you to avoid money loss but you get profit instead.


 
 
 
 
 
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April 28, 2017, 02:07:02 PM
#77

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.

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April 28, 2017, 02:49:37 PM
#78

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
True, in fact, there are many people who make altcoin trading videos on youtube, to facilitate beginners in trading play. Probably before that, looking for information on good coins, and figuring out how to make big profits, with little capital.


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el kaka22
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Crypto-Games.net: Multiple coins, multiple games


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April 28, 2017, 07:29:19 PM
#79

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
Please do not discourage new comers. Unlike any other field trading has some possibilities to get profits if we are ready to show our efforts and dedications. Still I am not saying trading is a safe heaven to make profits. It requires hard work and knowledge. All the requirements of trading are easily achievable.

Practicing for free of cost is possible in trading too similar to gambling. But, we need to remember our experience so that we can make use of our knowledge at right times. 

 

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cpfreeplz
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Anonymous bitcoin mixer


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April 28, 2017, 07:40:11 PM
#80

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
Please do not discourage new comers. Unlike any other field trading has some possibilities to get profits if we are ready to show our efforts and dedications. Still I am not saying trading is a safe heaven to make profits. It requires hard work and knowledge. All the requirements of trading are easily achievable.

Practicing for free of cost is possible in trading too similar to gambling. But, we need to remember our experience so that we can make use of our knowledge at right times. 

Wtf? Calm down there. Bitcoins are risky, altcoins are risky^3 and trading altcoins is risky^9. Don't be a naive fool and tell me that you don't think you're amplifying your risks by trying to get a quick profit.

To answer the OP

1) What should I start? Hm? Start with? mainstream coins.
2) Which platform should I use? Any large exchange, they all have the same possibility of being hacked.
3) How can I analyze the Altcoins? Whitepaper, Who is the dev?, is there a thread on bitcointalk? Is it just an obvious pump and dump coin?
4) Auto or Manual? I always do manual. I don't want someone else's strategy while using my own money.
5) From 1-10 how much is risks in trading Altcoins? 10. It's naive to think it's anything other than as risky as trading penny stocks. In 10 years it could be worth absolutely nothing or $100 a coin. You never know.














 

 

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Wind_FURY
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April 29, 2017, 06:38:56 AM
#81

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
Please do not discourage new comers. Unlike any other field trading has some possibilities to get profits if we are ready to show our efforts and dedications. Still I am not saying trading is a safe heaven to make profits. It requires hard work and knowledge. All the requirements of trading are easily achievable.

Practicing for free of cost is possible in trading too similar to gambling. But, we need to remember our experience so that we can make use of our knowledge at right times. 

But it is not to encourage then either. There are a lot of Bitcoins scam investments and scamcoins out there. This market is also not regulated by the SEC which makes investing in cryptocurrencies more risky than stocks or forex.

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xFiber
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Ice Rock Mining- The Most Profitable Mining


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April 29, 2017, 07:31:48 AM
#82

well Alt-coins are incredibly risky so i would put a 10 on that.  However there is a lot of potential as the saying goes.  As long as only a small amount of your portfolio is on that then you are fine.
They're not if you handle them carefully and only trade the trusted ones (LTC, ETH,...). All you need is a basic understanding of what trading is about. Recognize good trading opportunities and don't panic sell ever.
For a beginner trader, it's better to trade only which the market is more likely to be stable yo prevent huge percentage of money lose. However, as you know everything and you are seeking for high inflation altcoins, you may try new coin which has a huge potential to pump rapidly or gradually for bigger profit. This is quite risky yet if it is understood clearly and you are updated on its market, it would be easy for you to avoid money loss but you get profit instead.
You're probably right there but that's the gready way. I personally try to find more sustainable opportunities rather than a one time pump and dump. But is the potential risk really worth the reward, even if you know the coin well it may go either way.


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Smart Money on the Ethereum Blockchain


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April 29, 2017, 07:38:45 AM
#83

Well, the safest thing you can do is just hold your Bitcoin and after many years its value can indeed be reaching 500K and by that time you can be living an easy life. But if you think you don't agree with what I said then the best thing to do is invest it with BitconnectCoin as the price right now is on appreciative mode am sure you can make some money here plus BCC can easily be converted back to Bitcoin for your convenience using some few clicks. Thanks and good luck to your many endeavors in life.

I agree that you must wait for the right time to sell your bitcoin if the value of it get high so that you will have many income. Many people do this strategy because they are sure that they will earn in this kind of strategy and they sure that they will not get scam by anyone. Many people became rich by this system and I know one of them because he told me how he pursue it and how he do it. Goodluck.

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April 29, 2017, 07:11:57 PM
#84

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
Please do not discourage new comers. Unlike any other field trading has some possibilities to get profits if we are ready to show our efforts and dedications. Still I am not saying trading is a safe heaven to make profits. It requires hard work and knowledge. All the requirements of trading are easily achievable.

Practicing for free of cost is possible in trading too similar to gambling. But, we need to remember our experience so that we can make use of our knowledge at right times. 

But it is not to encourage then either. There are a lot of Bitcoins scam investments and scamcoins out there. This market is also not regulated by the SEC which makes investing in cryptocurrencies more risky than stocks or forex.
You mean to say to stay away from crypto currency trading ? Will You leave bitcoin ecosystem as it is not recognised by any government and it is not regulated ?

Entire bitcoin system is a free market and you never would expect regulations on this. It is individual's responsibility to take care of their actions and this is how bitcoin itself working. Beginners must work on learning on how to make profits and how to prevent losses. That will make them as a professional traders over time.

Bitcoin scam investments and scamcoins are out of subject or part of the system like losses also part of trading career need to experience to learn some knowledge for future use.


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Brickblock.io
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Wind_FURY
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April 30, 2017, 02:17:51 AM
#85

Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
Please do not discourage new comers. Unlike any other field trading has some possibilities to get profits if we are ready to show our efforts and dedications. Still I am not saying trading is a safe heaven to make profits. It requires hard work and knowledge. All the requirements of trading are easily achievable.

Practicing for free of cost is possible in trading too similar to gambling. But, we need to remember our experience so that we can make use of our knowledge at right times.  

But it is not to encourage then either. There are a lot of Bitcoins scam investments and scamcoins out there. This market is also not regulated by the SEC which makes investing in cryptocurrencies more risky than stocks or forex.
You mean to say to stay away from crypto currency trading ? Will You leave bitcoin ecosystem as it is not recognised by any government and it is not regulated ?

No but it will not be bad to be extra careful. Many frustrated "investors" have lost all their money in cryptocurrencies because the think they can be the next Warren Buffet.

Quote
Entire bitcoin system is a free market and you never would expect regulations on this. It is individual's responsibility to take care of their actions and this is how bitcoin itself working. Beginners must work on learning on how to make profits and how to prevent losses. That will make them as a professional traders over time.

Bitcoin scam investments and scamcoins are out of subject or part of the system like losses also part of trading career need to experience to learn some knowledge for future use.

Talk, talk, talk. We have heard the same people say the same. But when they lost their money they are now singing a different tune. It is better for them to shut up.

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★YoBit.Net★ 350+ Coins Exchange & Dice


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April 30, 2017, 02:48:24 AM
#86

You should think first on where exchanger you will be trading, because there is a lot of trading site and most of them are not well because a lot of coins are there while you can use bittrex or poloniex which is popular and one of the most trusted site and after that you need to study the market or the first 5-10 altcoins and determine on which altcoin is the best to trade and for long term at the same time.

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🌟ATLANT ICO ENDING SOON🌟


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April 30, 2017, 02:58:04 AM
#87

At first Read this forum carefully. Hope you will understand.In treading first rules is Buy Low sell high. And I recommend to you manual treading.because Sometimes price decease and if you sell them you will in loss. I hope you understad. If something is wrong. I am sorry for that.

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April 30, 2017, 06:56:32 AM
#88

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1. You must start study about in bitcoin first before trading.
2. You can use Poloniex, Bittrex, C-cex, Novaexchange, Cryptopia, Bitcoinwisdom.
3. You can analyze them through checking it in the coinmarketcap.com
4. Much better to do manual
5. I think the risk was 6 only, depending in your skills knowledge.

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n0ne
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April 30, 2017, 09:42:26 AM
#89

Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.

I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.

But I'm completely new in this world.

1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?

Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1. You must start study about in bitcoin first before trading.
2. You can use Poloniex, Bittrex, C-cex, Novaexchange, Cryptopia, Bitcoinwisdom.
3. You can analyze them through checking it in the coinmarketcap.com
4. Much better to do manual
5. I think the risk was 6 only, depending in your skills knowledge.
Well described, to the one that's been quoted above I would like to add a small statement that once after you feel that you are good enough to follow these instructions start with very small amount. In a short you'll experience how we need to make changes depending on the market, further increase the amount, you'll learn all about trading in a better way.