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

[ChronoLite]

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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[CraigWrightBTC]

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]

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.

[alexsandria]

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.

[TastyChillySauce00]

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.

[geopolisch]

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.

[AjithBtc]

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.

[beerlover]

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.

[beber456]

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 ^^

[erikalui]

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.

[Victorycoin]

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.

[thebatletbet]

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

[Wowcoin]

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.

[terrate]

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]

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 . ^^



 

[ciobanuionut]

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

[shield132]

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.

[xFiber]

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.

[roadbits]

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.

[veleten]

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