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

[finzyoj]

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. 

Same idea with you, I agree that when you start trading you have to continue studying, read anything that can help you in trading. Also try to look for some ideas or statement for some people who are Vatican in trading. From that list down all scenarios and actions they do so that if you encounter such things you know what to do.

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[MRY]

before you start trading, you better find information about trading, buy a small amount to learn first, learn what market is the right time to buy or not, you can buy when the price drops or when the market becomes red then hold and sell when the price rise or market to green so you will get a profit

[JRoa]

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 are a beginner, my advice for you is to explore first this bitcoin forum for you to gather many information about cryptocurrency trading. I am sure that you will become good trader by studying hard.

[otunayode]

Acquiring knowledge through research and learning and acquiring experience through practise of trading with your disposable income over a period of six months to one year should be your priority! You method and skill for trading should fall into place after!

[cryptocurrencyguru]

if u want to start trading u can start with ccn.com for studying news and check coinmarketcap.com and check techinal analysis website bitcoinwisdom.com more importantly check twitter for many twitter updates on bitcoin and crypto currency

[budz0425]

There are lots of ways that will help and guide you, just explore even in youtube they can give guidelines for you to start trading, you should just keep in mind that you should trade at your own risk since trading associates with so much risk.

[Chooroz]

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.

Well if you are a beginner my advice to you is you should know how to predict if the coins you have will pump very high or will dump very high and i believe that all beginner here in crypto should start trading with a small amount and a beginner should start trading with a good coins.

[Harley_Quinn]

In principle, I think that you have all the necessary information on trade told. But I want to add that just to keep the money in bitcoins is not profitable as it is profitable to trade on altcoins.

[devillnj2.1]

1) What should I start?
- first do a research, join trading group, look for a mentor that will teach you some basic information and strategies fot trading.
2) Which platform should I use?
- mercatox, poliniex, cryptopia and binance I would say those platforms are easy to use.
3) How can I analyze the Altcoins?
- knowledge is the key and be familiar, know the trend.
4) Auto or Manual?
- for newbie manual is more advisable.
5) From 1-10 how much is risks in trading Altcoins?
- I will give 10, because I consider trading is very high risk. and always remember, invest for the amount that you afford to loose.

[Paniudto]

Is trading a profitable business? Is it only for experts? Can someone enlighten me.

[Firdausiii]

I think you should start with yourself.
Are you emotionally and financially ready to start trading? Are you ready to take all the consequences behind this?
Trading needs money, time, skills and knowledge so if you don't want to be all worth it then loosen up.
You can start by reading and watch tutorials in youtube. Also you can ask your well experienced friends and lastly be picky in what coins do you hold. Determine which coin is for short and long term holding.

When you trade it will always benefit. And I think you better read more and understand how bitcoin price movements are made after that you can know and have the expertise to determine buy and sell in the right position

[nik9990]

it is necessary to break your sum into several coins, so you minimize the risks and will be able to successfully trade for short periods

[zedicus]

Is trading a profitable business? Is it only for experts? Can someone enlighten me.

Yes, perhaps you can able to differentiate business, investment and job. Trading is an investment, and everyone is free to trades begginer, experts or even what status in life you have its your choice if you want.

it is necessary to break your sum into several coins, so you minimize the risks and will be able to successfully trade for short periods

Knowing first what are this coins before you buy and scatter you funds.

[cheezcarls]

The first thing that you need to do before anything else is not to trade with emotions. Think of it as a long-term investment by just simply hold it for a few months, a year, or so. Day trading, however, is kind of risky because the market cannot be predicted and with high volatility. Even skilled day traders cannot guarantee themselves to make a profit when there's bad news coming from the media that would be published anytime. You should also know the annual cycles of bearish and bullish runs by studying the charts.

[btcjocan]

The first thing that you need to do before anything else is not to trade with emotions. Think of it as a long-term investment by just simply hold it for a few months, a year, or so. Day trading, however, is kind of risky because the market cannot be predicted and with high volatility. Even skilled day traders cannot guarantee themselves to make a profit when there's bad news coming from the media that would be published anytime. You should also know the annual cycles of bearish and bullish runs by studying the charts.

I think the first thing to do is to learn everything on trading. Maybe we need to do basic trading and we need to take some advice from the people around that know or have a lot of experience in the trading feild. Trading is not easy as what everyone knows it is really hard to trade specially in crypto currency feild because we can also loss an amount on it if we are going to do trading without any learnings.

[Jake2134]

0.5 btc is too much or more than i recommend for a beginner to trade with because that's a big amount around $4000 which is big amount of money and i recommend you to hold coins and invest in good icos.

[MasterNodes.Cash]

If you are a beginner, I would advise you to postpone trading till you learn the ins and outs of crypto market. Even experienced traders lose money very often, so make sure you educate yourself thoroughly. Also, we're in a bearish trend right now, and trading when bears are in control is riskier. Wait for the bull run is my advice to you.

[joshy23]

The first thing that you need to do before anything else is not to trade with emotions. Think of it as a long-term investment by just simply hold it for a few months, a year, or so. Day trading, however, is kind of risky because the market cannot be predicted and with high volatility. Even skilled day traders cannot guarantee themselves to make a profit when there's bad news coming from the media that would be published anytime. You should also know the annual cycles of bearish and bullish runs by studying the charts.

This reply in some points have a valid reasons, trading without emotions will help us out avoiding panics and greediness, if we do now how to stay with the plan then our trade will be more successful, its very important to know more before dealing with any trade as a beginner better to invest with good knowledge to enhance skills.

[GeniusAko]

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.

Beginner like you must study hard first before you make investment with trading. Trading is not easy job as what you think. You should have knowledge for you to handle different unexpected situations.

[BUK2016]

What you should do as a beginner is to first of all start to learn what is crypto currency and from there you can start with technical and fundamental aspect of crypto currency trading because that is the basic aspect of trading crypto currency.