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Author Topic: Practice trading  (Read 9474 times)
Johnnyan (OP)
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July 26, 2017, 03:08:39 AM
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
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Manuj
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July 26, 2017, 03:59:33 AM
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.
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July 26, 2017, 06:28:31 AM
 #3

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.
Agreed with you. First you have to learn what is trading, how it work. You can take help from google.com & from YouTube they are best source of learning anything. First try to learn then try to earn. never believe anyone,before making an investment do your personal recherche about it.
best wishes for your and your trade.
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July 26, 2017, 06:32:32 AM
 #4

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.
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July 26, 2017, 06:36:34 AM
 #5

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Well if you want practice trading, make sure you have learned about the analisys technical to make prediction of price, and you can use demo account on exchangers, don't use real account because that is high risk losing your real money, after you can get activate profit from trading on demo account, you can change to real account and make deposit.
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July 26, 2017, 06:55:40 AM
 #6

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.
True, but it doesn't require a very high cost.  The OP could send around 0.01 BTC to Bittrex and start playing with their 50,000 satoshi orders.

The important thing is to have an extremely clear strategy, test it for a long time on Bittrex, and then get trading with larger amounts of coins.  You don't want to be one of the newbies who plays with fire and gets burnt.

Trading Forex first might be a good way to pick up these strategies, because it's also an accessible market but it's oriented around trading strategies.

However, don't get caught up with too much technical analysis.  Make sure you know what you're dealing with.

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July 26, 2017, 07:13:14 AM
 #7

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Unfortunately unlike gambling you cannot start trading for free of cost like from faucets. Still you can watch market in the beginning days and then you can get into trading for free of cost.

For this, I like to suggest you to open an account with yobit.net as they are providing some free coins every day, collect them and watch market till then.

In between time you can open trail accounts with the any Forex brokers so that you can get practice into various technical analysis indicators and strategies.

Good idea, for a beginner is not easy if you want to jump directly into the world of trading without any slightest experience. If in yobit.net does provide free coins every day, this will be an opportunity for the newbie to start trading without having to spend capital
bitcoineverything
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July 26, 2017, 07:23:50 AM
 #8

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

Hi! I have sent you a private message. Please do find time reading it. Thanks!

We are here to give you all the latest from the Cryptocurrency space!
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July 26, 2017, 08:09:02 AM
 #9

The solution is simple, google if you are having problems with the terms in trading and of course you have to read a lot in order for you to learn about it. And by starting to trade, do you have like a separate amount of money for you to invest in trading because making profits from trading is not always making profits everyday, there are times there are more losses than profits? And also I would recommend you to bookmark coinmarketcap.com too so you would get to know the coins there.
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July 26, 2017, 08:22:12 AM
 #10

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

I am also a newbie in cryptoworld, but in trading trading I have a little bit background because I do trading also in stock market. so I can just say that trading is so risky, but if you have good knowldge in your stock/coin plus a little bit of a luck you can have good profit on it. gather information first Smiley

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shirackjs
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July 26, 2017, 08:35:27 AM
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Yes, agreed with reading about trading. Next will be to monitor the market movements and following news of the coins you are investing in. Good luck to you.  Smiley
francedeni
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July 26, 2017, 10:18:41 AM
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When Im new into bitcoin Ive learned in trading. I just read, watch some videos in youtube in these way I got have an idea on how to start in trading. Ofcourse with the support of my friend Ive learned also. At first you can feel nervous but later on you can be aware of the movement of the price in the market. So just gain some knowledge in trading and you will be learnt of.
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July 26, 2017, 10:37:00 AM
 #13

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
You know, trading is needed a study. You can't just trade and throw away your money. Making a research is a good behaviour of a trader. But if you don't know how to trade. I mean the basic, just simply register to your desired exchange platform and deposit btc or any altcoins you want to trade. But on terms on strategies or techniques. You need to study first before jumping or buy a particular crypto. Remember, trading is hard job yo do. So don't give or invest that you can't afford to lose. And be patient. Sometimes it takes time before you get profit. And i think this is the thing you should know to avoid huge losses. The stop-loss. Make sure you study it.
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July 26, 2017, 10:37:58 AM
 #14

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

Hi! I have sent you a private message. Please do find time reading it. Thanks!
Can you also send your pm to him for me to learn a little bit more about trading. I really wanna know everything about trading(bear market, bull market and etc). Also I really wanted to know about the techniques in earnings. The movement of market.
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July 26, 2017, 03:30:28 PM
 #15

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The best solution is to research what is trading and research what are the things you need to do on how to trade. You can also watch videos in youtube that teaches newbies how to trade basically they will talk about the basics. You can find a lot of resources in the internet all you have to do is go in front of your keyboard and start searching it. Good luck on your journey bro!
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July 26, 2017, 03:40:29 PM
 #16

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
You can practice trading wotb poloniex Poloniex is an online money trading website that has the ability to make your money grow bigger in a short period of time.Poloniex can be a useful thing to make your money grow bigger using the less of your time and the less of your effort.
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July 26, 2017, 05:53:35 PM
 #17

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
You know, trading is needed a study. You can't just trade and throw away your money. Making a research is a good behaviour of a trader. But if you don't know how to trade. I mean the basic, just simply register to your desired exchange platform and deposit btc or any altcoins you want to trade. But on terms on strategies or techniques. You need to study first before jumping or buy a particular crypto. Remember, trading is hard job yo do. So don't give or invest that you can't afford to lose. And be patient. Sometimes it takes time before you get profit. And i think this is the thing you should know to avoid huge losses. The stop-loss. Make sure you study it.

Yeah a lot of people around here underestimate the difficulty that goes into trading. Knowing when to sell and what to do when you're sitting in a loss position are key for being successful.
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July 27, 2017, 09:45:42 AM
 #18

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
First yo try to learn about crypto coins and trading in some websites.You could also see related you tube videos.Then do an analysis of coins and find the under valued coin.Then learn to read price charts to trace the price history.Then invest in an older coin at first to avoid risks since you are a newbie.Start trading with a small amount.Then diversify your investment by investing in two or more coins to minimize loss.

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July 27, 2017, 03:29:14 PM
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

1. Know of crypto currency you want to trade
2. Learn about technical and fundamental analysis
3. Prepare yourself to try and be patient waiting at the support price

Hopefully my advice can be useful..

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July 27, 2017, 03:47:21 PM
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Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
You know, trading is needed a study. You can't just trade and throw away your money. Making a research is a good behaviour of a trader. But if you don't know how to trade. I mean the basic, just simply register to your desired exchange platform and deposit btc or any altcoins you want to trade. But on terms on strategies or techniques. You need to study first before jumping or buy a particular crypto. Remember, trading is hard job yo do. So don't give or invest that you can't afford to lose. And be patient. Sometimes it takes time before you get profit. And i think this is the thing you should know to avoid huge losses. The stop-loss. Make sure you study it.

Yeah a lot of people around here underestimate the difficulty that goes into trading. Knowing when to sell and what to do when you're sitting in a loss position are key for being successful.
But this method is "Golden" with any trader on market. Millions of trader in the last decade has find it, but still not have anyone can sure they have ratio 100% not loss on market, just can minimize the loss to smallest.

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