I'm a beginner, I want to start trading. What should i do?

[Firdausiii]

you must start to learn and read more about trading (this isn't learning site ) after start start trading with small number till learn who this system and get high income

You can know and have the expertise to determine buy and sell in the right position, so that when you do trading will always benefit. I think you better read more and understand how bitcoin price movements are made.

[kuncimobil]

as a beginner if you want to start for trading then you should know about the risks in trading and how to trade well and profitable because if you do not know all that then you will fail in trading and will make you lose your money

[bondali]

A beginner like you must need to learn from the bottom to the top which means you'll start from the basics unto the advance things here in trading industry. Let's start with the basic of trading like the terms commonly used around the market so that you will have an idea what's their talking about. If you fully understand the basic then the next thing to do is to learn how to properly monitor the movements of a coin in the market and how to choose the best probably to rise coins. It may sound hard but if you took your time knowing all these then definitely it will be easy for you to trade everyday.

[sensimilia]

In order to have a better chance of earning profits one is to always consider dumping price of course. Keep it mind that every coin is an opportunity for you to earn.

[trupero_uno]

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.

The first thing you need to do is to have a lot of reading and learning in this forum, to start trading will be very risky for a beginner even the result will be much more than you invested your bitcoin for several longer time. The risk of trading Altcoins can be in 8 score, but the gain is similar. No pain no gain buddy

[zbutterfly]

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?

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.

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.

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.

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.

thank you for the information, I will try to find the basic trading manual.

[Varavu]

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.

Trading is the good idea to earn but you have to do more research on that. Before invest research about it.
To know more about good coin to invest, Please check here

https://coinmarketcap.com

Here you can find the best coins based upon the ranking.

Better use blockfolio platform, it has option to set your expected price alert. Once you set, it will show the notification when it will reach the expected amount. Then you can sell your coins.

[Andalusy]

I think you have to 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

[ruski]

I think as a beginner you should start by learning more about trading crypto currencies firstly, before doing your first trades. You have to learn how to study the markets and the charts, when selling and buying, and how to choose the most profitable crypto currencies.

[Itjoker]

You should notice that it is not easy job. First of all learn about cryptocurrencies. There are many video clips, channels in youtube and literatures about trading, especially in cryptocurrencies market. You should learn about technical and fundamental analysis, always improve your skills and read all news in crypto world. Also learn literature of great traders as W. Gann, J. Livermore, G. Soros and other.

[ymirymir]

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.

There are things to consider upon starting trading. You must be sure that you are emotionally prepared for some sudden changes. Also, you must learn the basics of trading so that you have enough idea about the things that you have and you don't have to do.

[Antonina]

I think you should know how to lose money, how much money you are trying to earn, especially if you are trying to trade, is reset faster.

[V. J. Meyer]

To start trading in the cryptocurrency market, you need to do first to learn the basics of this market, you can learn more business knowledge if possible. Next you need to select some good Exchange to trade (Binance, Poloniex, Bitmex ...), create your trading account and conduct trade. You should only invest a small amount of money initially, once you have captured the market better invest more. Good luck.

[Bella Thorne]

First of all spend time to learn and gain technical skill,Invest in stable coin and dont invest all at one place. Psychology has great impact in trading so learn to control the emotions and dont take decisions in panic.

I believe that when you are a beginner, you should first learn how to choose a great coin, and there is no doubt that all the beginners in trading should learn how to control there emotion and lastly before doing trading all the newbie should have money.

[virtualkeybuyer]

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.

For a beginner that is a very amount to invest and to start trade because if you are really a newbie in trade then you will lose much part of it. I will suggest to you that you keep much part of it away from exchange and use only a minute amount from it to learn about trade and to take start with it. Slowly you will learn and will then increase your portfolio.

[butcherme]

You should study it first learn the basics and know what to do,
I think you should also try it in a small amount at first because you are just new you shouldn't rush something and regret it in the future.

[Intersan]

You should study it first learn the basics and know what to do,
I think you should also try it in a small amount at first because you are just new you shouldn't rush something and regret it in the future.

Well when I was a beginner I study how to do bitcoin, a friend of mine teach and help me on how I should do bitcoin.

Also I read statements of some successful persons on bitcoin, I take note on how they become rich in bitcoin, what are the strategies they did also their  point  of view in bitcoin  that makes them take risk even at times that the bitcoin value is not rising.

We should always be open for new ideas and learnings that will help us to improve not only in bitcoin but to become a better person.

[chichigirl]

In trading,  it is important to know the basic thing,  buy low, sell high and improves it in time.  Do not stop, continue to read and learn and continue to invest. After a couple of months you will see some improvements in your trading journey. 

[kaizerblitz]

All you have to do is research about trading there all you see in youtube there's a lot of tutorial or tips gjven by the pro. Learn Buy low Sell High and if you are in Losses just hold on your coin.

[cemburu]

Altcoin investment has become one of the alternatives to seeking more capital.
First of all, you have to learn about the good Altcoin that's how the characters are.

Altcoin I recommend is Ethereum, Litecoin.
You can analyze Altcoin via Coin Market Cap, all price developments you can see on the site.
From these price developments, you can see coins that can survive in the Cryptocurrency market.
Altcoin's trade is actually quite risky, the level of risk is in the number 6 of 10.