Anna8
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Activity: 181
Merit: 10
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May 06, 2018, 03:25:43 PM |
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I think it will be better to participate in ICO with big hype than trading altcoins, in my opinion it is too risky.
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godfredmanu
Member
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Activity: 266
Merit: 10
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May 06, 2018, 03:41:59 PM |
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Altcoin trading is risky and if you don't know what you are doing, the likely that you will lose money is high. But as a starter I will suggest established altcoins like Ether and Litecoins for you. Just find a good exchange that offer margin trading and with your 0.5 BTC ,you can get a leverage of 1 BTC and and use to trade .
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litepresence
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May 06, 2018, 03:50:29 PM |
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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.
Before starting trading you should know each and every thing about bitcoin. First research about that and learn in trading section. you will get lots of idea about that. If you have smallest amount for investing you can start your trading from altcoins. You can choose the best coins by using coin market cap. |
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alon_alon
Jr. Member
Offline
Activity: 196
Merit: 1
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May 06, 2018, 04:35:49 PM |
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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.
I agree with what you say. I also believe that the price of Bitcoin in 2030 will be so great that it can even be even bigger. I believe Bitcoin is able to touch the highest price and make us surprised by the price. I do not doubt the ability of Bitcoin because it has been proven from year to year Bitcoin development is always fast and always shows its high price at the end of the year. You have to collect Bitcoin from now and you can hold it for several years. |
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emmybd
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May 06, 2018, 04:46:11 PM
Last edit: May 06, 2018, 04:57:19 PM by emmybd |
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As a beginner, you have to gain as much knowledge and information about trading as you can. You can find a lot of information about trading on Youtube. There are tons of tutorials about trading, you can watch those. At the same time, you can start trading with a small amount of money. One thing keep in mind, always buy when the price is low and sell when it is high. At the beginning, trade on more established altcoins, which are less risky.
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beezunus
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May 06, 2018, 05:09:40 PM |
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as a beginner you have to learn by searching for information about trading, you can start with small amount to learn, buy when price goes down then hold and sell when price goes up
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stil55
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May 06, 2018, 11:35:24 PM |
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To start trading with cryptocurrencies you first of all need to learn the basics of trading with cryptocurrencies, read and study information related to various trading strategies, you also need to monitor the news on the cryptcurrency market constantly.
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dead_m92
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May 06, 2018, 11:53:01 PM |
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"In 2030, btc price will be $500,000" LMAO.
This, literally, made my entire day, i was sad until i saw this thread.
Thank you OP, you are really funny and you know how it works.. $500 thousand dollars... lmao.
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--DarkSecrets--
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May 07, 2018, 01:03:01 AM |
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"In 2030, btc price will be $500,000" LMAO.
This, literally, made my entire day, i was sad until i saw this thread.
Thank you OP, you are really funny and you know how it works.. $500 thousand dollars... lmao.
Its not funny and i am thinking if you even think of it because he was a newbie and you say in 2030, looks like you are in level of him and your reply doesn't help him either its a spam shit post. To the OP your question includes all basic information, and materials to learn trading. Reading and learning from the answers here will help you at first 9 out of 10 is the risk that you are entering. |
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angrynerd88
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Activity: 910
Merit: 253
Hodlers Network
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May 07, 2018, 11:59:49 AM |
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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.
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Crazygreek
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May 07, 2018, 06:10:25 PM |
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When you don't know anything better to start from learnig about crypo in general, don't forget to follow market and learn from it. Don't go all in and stay calm. try to make profit from every deal.
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CDC AP
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May 07, 2018, 06:13:08 PM |
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First of all chose the best platform for this..i would recommend you to choose Binance for trading altcoins..then you need to learn and this forum is the best for this..keep checking accouncenments thread and altcoin discussion and you will get many useful info and tips
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winspiral
Legendary
Offline
Activity: 1778
Merit: 1026
Free WSPU2 Token or real dollars
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May 07, 2018, 06:17:01 PM |
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Since today it is possible to trade WSPU2pts for dollars and dollars for WSPU2pts on my XMR mining system.
Go on my U2 site and you will see where trade.
I recall that all is for free.
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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May 07, 2018, 10:43:40 PM |
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When you don't know anything better to start from learnig about crypo in general, don't forget to follow market and learn from it. Don't go all in and stay calm. try to make profit from every deal.
Yes that is right to say that for a beginner it is too much important that you should need to be too much careful, because trading is a profession and not a game, for becoming a good trader you need to get some basic knowledge about trading and on other side you also need to get some trading experience and only then you can expect to make money from trading. |
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gurupauts
Member
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Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
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May 07, 2018, 10:56:49 PM |
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before you start trading you should know the risks that may occur and how the movement of coins you want to buy, trading has a big risk, if you are wrong in making decisions then you can lose your money, better learn first with a small amount so you will learn from your experience
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Papaczed
Full Member
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Activity: 378
Merit: 100
Adoption Blockchain e-Commerce to World
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May 07, 2018, 11:03:04 PM |
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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.
My advice for you before you start trading is you need to control your emotion really well, because doing trading, not all the times you will earn a huge profit sometimes you will also lose in trading, and if you want to start trading you should choose a good coin and make sure that you have money to start in trading. |
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BitProCoin
Member
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Activity: 238
Merit: 10
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May 07, 2018, 11:08:21 PM |
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You can start by reading more about the trading experiences of others. Use the search box or trading section to read more about other member's mistakes. It would help you to avoid your loss.
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atetess
Member
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Activity: 305
Merit: 10
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May 07, 2018, 11:44:20 PM |
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Learn about trading, atleast you have the idea about the basic and improve it. The basic in trading is, buy low amd sell high. During the stage wherein the price of btc and alts are lower, you can invest more and wait until it rise to earn some profits.
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waitforme
Full Member
Offline
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
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May 08, 2018, 03:41:31 AM |
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To start with the deals, you should learn the basics of how to create a personal account on the trade. Learn how to send your money to the exchange, after you have done all you should know Altcoin has the power to make the first exchange and do not suffer losses.
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tentara pelajar
Newbie
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Activity: 210
Merit: 0
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May 08, 2018, 04:03:18 AM |
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I think if a beginner wants to trade, it would be better for the future if learning to trade on the simulator first. There are several sites that provide trading simulators, look for them! Then start by trading on altcoin which is cheap. Do it on a small scale first. This is what I do. CMIIW
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