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Author Topic: I'm a beginner, I want to start trading. What should i do?  (Read 13471 times)
Sled
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May 04, 2017, 02:24:38 AM
 #121

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.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
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May 04, 2017, 05:22:49 PM
 #122

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.

His question was that he wants to start trading. so how can you give such advice to hold the coins?

Everything what we do, is of great risk. But if we do not do that things bu taking risk, how can we learn? Failure is the key to success, remember?

So, bro, if you want to start trading, then go ahead. But first you should gather more knowledge by reading the thread here and also by following the updated new about marketplace. It will be more helpful for you. But keep it on your mind that taking risk is good, but not with a big amount of money. Take it less and then keep trading.

https://bitcointalk.org/index.php?board=67.0

https://bitcointalk.org/index.php?board=159.0

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May 05, 2017, 03:29:20 AM
 #123

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.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
Just becuase bitcoin has the widest market among crypto curency, it doesn't mean that it has the lowest risk since volitality may occur any time and there is really no exact poin if it would continue growing its value or not. Thus, we can't state which coin has the least risk at all. Every coin investment has risk.

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May 05, 2017, 04:27:54 AM
 #124

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.

In my own opinion you should start to learn how trading was going on and how it works. You can start on easy trading first and don't look on the earnings yet because it may affect your performance. Read more about altcoin here in bitcointalk because many people are suggesting here and it will give you knowledge. I suggest to yiu to trade manually so that you can be aware of your money. And in my opinion the altcoins trading is 8/10 risky because of some problems like scams.


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May 05, 2017, 04:34:23 AM
 #125

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 to learn the proces of trading so that if you will dive into trading business is that you know very well all about the process of it. In my experience I usually trade in Poloniex and I find it ver well in terms of good income. You can analyze altcoins by learning first all about it and you can do it by reading here in forum. I prefer manual because you can sure your earnings. And I think 8/10 risky is the trading because of some problems that you may encounter.

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May 05, 2017, 04:45:30 AM
 #126

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 to learn the proces of trading so that if you will dive into trading business is that you know very well all about the process of it. In my experience I usually trade in Poloniex and I find it ver well in terms of good income. You can analyze altcoins by learning first all about it and you can do it by reading here in forum. I prefer manual because you can sure your earnings. And I think 8/10 risky is the trading because of some problems that you may encounter.
It is not to learn the process besides learn and acquire some skills and techniques that you will use everytime you trade .
The basic learning and skills will let you make profit in any trading exchanges polo is one of the reputable trading site with good volume of most active altcoins now. By reading informations and tracking their activities that makes a project that have a good potential use in the market will make the coin alive so it is one of the good things that a particular altcoin have a good long term . 8 out of 10 is an outstanding rate , no one can go to 10.  Smiley  the time will figure out the risk of trading You start with 1 if you're a beginner.


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Sled
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May 05, 2017, 04:49:13 AM
 #127

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.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
Just becuase bitcoin has the widest market among crypto curency, it doesn't mean that it has the lowest risk since volitality may occur any time and there is really no exact poin if it would continue growing its value or not. Thus, we can't state which coin has the least risk at all. Every coin investment has risk.
Widest market is equal to a strong foundation of the market that is hard to manipulate and be controlled by the people. Yes i believe in bitcoin that has the lowest risk of investment because if you observe to the price history of bitcoin then you can realize that i'm saying the truth that most of times, the price of bitcoin is going up and that makes the bitcoin as an almost safe investment.
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May 05, 2017, 05:14:37 AM
 #128

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.
All of your thoughts are true . but here it will be more better for you that I should give answer of your 5 question in better way so that you can limit the risk of the loss .
1) you just start with your trading in those altcoins that are.more famouse and stable like to buy creva , Putin , and wait until price rise .
2) use simple yobit.net for Trading .
3) coin track.com is better to know about the basic thing about any altcoins .
4) Manual are more best because you can do everything through your own mind .
5) if you have patience and can wait then no risk at all .
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May 05, 2017, 02:20:47 PM
 #129

go to the bathroom and start to touch yourself first before it. don't forget to make it flash   Grin
watching some porn before < this is the best trick
What are you talking about? the questioner was asking for a tips or advise about in trading what is the connection of your statement anyway?
Going back to the main topic, the first thing you must do is study about in trading, you can always ask in trading discussion here as long as you can.
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May 05, 2017, 04:17:58 PM
 #130

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
I totally agree with you. Also for me trading has is less risky because you'll be the one who will manage your trading than gambling is very risky because there's a small probability that you'll earn,  worse while your enjoying winning many times there will be a time ofcourse where you will lose, and it will cost you lots.
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May 05, 2017, 04:36:31 PM
 #131

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
I totally agree with you. Also for me trading has is less risky because you'll be the one who will manage your trading than gambling is very risky because there's a small probability that you'll earn,  worse while your enjoying winning many times there will be a time ofcourse where you will lose, and it will cost you lots.

I agree with you - beginners should be prepared for both victories and losses. And most importantly - do not risk the money that you are not ready to lose.
And you also need to learn a lot and be able to apply knowledge in practice. Watch video blogs of successful traders
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May 05, 2017, 06:01:43 PM
 #132

Just start trading, and involvement will make your mind, this is not science
You can start doing trade anytime you want, even your not yet knowledgeable in trading but it surely you will only lose in the end because you don't know anything about in it. So I would suggest you to study first about, don't push yourself in a hurry so it may not hurt you in the end, feed yourself first knowledge about in bitcoin trading first before you proceed to the battle.
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May 05, 2017, 06:42:44 PM
 #133

I think forex,iq option & crypto currency trading is involved high risk so you can try another way to earn money.

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May 05, 2017, 09:07:54 PM
 #134

I think forex,iq option & crypto currency trading is involved high risk so you can try another way to earn money.
Another way ? Why not you take time to suggest any of other ways ? I ask this because I doubt any such methods are existing ? Even trading are usually dealing with high risk, cryptocurrency trading could be an exceptions as it will be handled very easily. I long run most of the crypto holders/traders are making profits as per the current trends of cryptocurrencies.

Newbie may adopt the strategy of trading cryptocurrency for longer haul holding. When they plan up for bigger targets along with longer holding the risks may get fade away.
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May 06, 2017, 02:11:21 AM
 #135

I think forex,iq option & crypto currency trading is involved high risk so you can try another way to earn money.
Other way? I think there are risks involved when you want to earn money unless you work as a freelancer. There are tips here to minimize the risk if you want to trade

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Wintersoldier
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May 06, 2017, 03:42:19 PM
 #136

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.
I agree the best way to start on trading is to know first the meaning of trading and what is trading all about. You can watch videos yes, but you may also look at the forum here about different topic about bitcoin. On here you can start a topic where you can ask how to trade then make time to read more about different thing about trading like the law of price and demand, bitcoin price, or even how you will earn on bitcoin. You could also try on applying on a signature campaign where you can earn bitcoin and used it as a capital for trading or other investment. Why i suggest to do different thing because in trading there is a time to make a decision where you need to monitor the price and hold your bitcoin so its better to have another source of income that you can try on.
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May 17, 2017, 03:59:47 PM
 #137

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.
As you Said above that you are a beginner and you want to start Trading then I Should advice you to Firstly get all the Knowledge about trading and then you should know about the volume and demand of various coins and you should try out investing in some coins and you have to observe some coins in which you have invested your money because it will give you Experience regarding trading and you can then know about In Which Coin you should invest your money or Not.
I Should recommend you to use Yobit for trading because you are a beginner and it's a Best platform for beginners.
nicolas1979
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May 17, 2017, 06:21:42 PM
 #138


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.
Try to join a trade altcoin group to understand what trade and how to do it. Usually, admin and the senior member will give you some advice about to start trade and solution if something wrong with your mindset. Learn from books and website for extra knowledge and finally try platform to use. I suggest following someone that make platform successfully. Use your strategy to know your skill and learn about loss or win. Be careful with your fund and enjoy the process. I can't suggest any platform or analyze market because with learn by doing you'll know what the best for you. Good luck.

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Sled
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May 18, 2017, 05:57:47 AM
 #139


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.
Try to join a trade altcoin group to understand what trade and how to do it. Usually, admin and the senior member will give you some advice about to start trade and solution if something wrong with your mindset. Learn from books and website for extra knowledge and finally try platform to use. I suggest following someone that make platform successfully. Use your strategy to know your skill and learn about loss or win. Be careful with your fund and enjoy the process. I can't suggest any platform or analyze market because with learn by doing you'll know what the best for you. Good luck.
Joining a group can be helpful especially if it is about the altcoin trading because you can easily find a mentor that can help you to be a better trader and also get a lot of money by trading. There is no doubt that if you have determination to study something you can be successful in it because the only losers are the people who give up.
lovesybitz
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May 18, 2017, 08:03:52 AM
 #140

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 must click this link https://bitcointalk.org/index.php?topic=1024457.msg11085774#msg11085774
2) Which platform should I use?- I recommend you to use bittrex.com, c-cex, novaexchange
3) How can I analyze the Altcoins?- always check the coin first in the coinmarketcap.com for you to find out if this legit one.
4) Auto or Manual?- much better to choose manual.
5) From 1-10 how much is risks in trading Altcoins?- 5

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