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Author Topic: I'm a beginner, I want to start trading. What should i do?  (Read 13471 times)
CryptoCopper
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May 01, 2017, 10:28:32 PM
 #101

Just start trading, and involvement will make your mind, this is not science
batang_bitcoin
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May 01, 2017, 11:32:04 PM
 #102

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.

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Sled
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May 02, 2017, 01:53:40 AM
 #103

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.
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May 02, 2017, 02:40:29 AM
 #104

yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.

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Mirconome
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May 02, 2017, 05:46:15 AM
 #105

yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.
In order to trade you need to have a very large building, But as well you will not manage without luck. The fact is that many who took in their lives for trade, many lost their money. In other words, this work is not for everyone.
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May 02, 2017, 07:22:16 AM
 #106

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.
Check coinmarketcap for not too expensive altcoins with good trading volume. Then research the alt to see if it's any good. No idea what you mean by auto/manual. Risk depends on the coin.
voltesbit777
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May 02, 2017, 09:14:04 AM
 #107

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, it's highly appreciated.

1) What should I start? - You must begin with basic learning trading.
2) Which platform should I use? - use bitrrex exchange.
3) How can I analyze the Altcoins? - most altcoins are shitcoins so better check it first before buying it.
4) Auto or Manual? - It is good to do manual.
5) From 1-10 how much is risks in trading Altcoins? - I range it from 5-6


pseexh
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May 02, 2017, 10:52:39 AM
 #108

yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.
In order to trade you need to have a very large building, But as well you will not manage without luck. The fact is that many who took in their lives for trade, many lost their money. In other words, this work is not for everyone.

Yes, luck is of great importance in such a risky way of income. A huge amount of knowledge does not guarantee a stable profit.
Palodar
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May 02, 2017, 11:12:16 AM
 #109

yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.
In order to trade you need to have a very large building, But as well you will not manage without luck. The fact is that many who took in their lives for trade, many lost their money. In other words, this work is not for everyone.

Yes, luck is of great importance in such a risky way of income. A huge amount of knowledge does not guarantee a stable profit.

Luck is unexpected factor to happened. That is way it must not to be considered on trading. Putting the faith of your funds to luck is just like waiting to rain during summer season. The best way to do a smart trading is to follow tips of an expert trader or apply the common law. Buy low and sell high. There is no need to depend on luck.

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ImHash
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May 02, 2017, 11:24:02 AM
 #110

Since cryptocurrencies are relatively a new thing I can't even suggest you to to learn them by going to school/ university, not even economic terms can apply any study and teach people about them cryptos properly. but at least education on markets and trading skills could somehow help a bit.
I can foresee a time when children going to school with their E-books of crypto-currencies and them becoming a new thread in educational system.

I have always earned some profit trading LSK and I think it's still undervalued and has much more potentials, just a month back I'd told you to try day trading with ETH but not any more because the price is totally artificial now and anyone entering at this time could suffer great loss when the big whales decide to dump for some fiat.
Maybe try POSW and LSK for this week to see what happens to other coins prices.
batang_bitcoin
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May 02, 2017, 12:06:52 PM
 #111

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.

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Raven91
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May 02, 2017, 12:51:21 PM
 #112

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.
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May 02, 2017, 03:44:02 PM
 #113

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, traders are constantly learning. They must be able to analyze the situation and every news. This is the most important trait of a successful trader. Do not listen to the advice of others - you need to be able to think independently
batang_bitcoin
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May 02, 2017, 11:26:38 PM
 #114

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.

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Sled
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May 03, 2017, 02:31:14 AM
 #115

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.
That is the key to success, being professional and always have patience to the things that they can get knowledge. All of the professionals not only in trading are very open minded to the things because they always love learning and getting new knowledge from it. They don't stop learning because as long as there is new information they keep on reaching it until they mastered it.
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May 03, 2017, 03:41:18 AM
 #116

Simply learn and experience the basic ,apply buy low sell high but first you need to do is research in any altcoin that is active so you wont be invested in a shitcoins that will allow you to waste your money of nothing.
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May 03, 2017, 06:15:01 AM
 #117

Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.
That is the key to success, being professional and always have patience to the things that they can get knowledge. All of the professionals not only in trading are very open minded to the things because they always love learning and getting new knowledge from it. They don't stop learning because as long as there is new information they keep on reaching it until they mastered it.

It's a very common attitude of a professional trader, they are patient and they wanted to learn new things daily. They are setting aside their feeling when it comes to trading. The priority for them is to get profit and they are not applying that is outside of trading. Just get always updated with what's happening in crypto trading, it's very important.

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May 03, 2017, 06:18:31 AM
 #118

As a beginner you should start reading about trading. What is it, how it can be done successfully etc etc. And you need to start with very little money in the beginning so you minimize the risk if you lose when you first start. Information is key in the trading world.

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May 03, 2017, 08:34:34 PM
 #119

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.
Yes, you need to invest your money at a place with low risk as compare to its high return but before you jump in you should first observe the things to get to know what’s going on around. Also you need to review a literature if there is any and then to start from a quite bearable amount. This is all.
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May 03, 2017, 09:07:14 PM
 #120

As a beginner you should start reading about trading. What is it, how it can be done successfully etc etc. And you need to start with very little money in the beginning so you minimize the risk if you lose when you first start. Information is key in the trading world.

Bitcoin, and crypto in general are all speculative investment options. It will be very difficult to apply the same logic as might be the case when you would be trading stocks. The crypto market with all its individual coins are basically like penny stocks. It's nearly impossible to get decent information on how you can improve things. In this case, you'll learn by diving into the market. Result of this is that you'll lose big time at the start (which is why it is recommended to start with low amounts), but see it as an investment in yourself -- eventually it pays off. I have done it like this where I worked my way up without looking for information. I'm a happy man.
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