Practice trading

[babysweetTiger0401]

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.

Agreed, learning is the number one process  for this matter. Then, you must know the knowledge of each coins that you are going to trade in the market. Because if you are newbie and no enough knowledge about in trading even you have a lot of capital to invest in, well it will be useless.

[1713493769]

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[1713493769]

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[1713493769]

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[TheKeyLongThumbI]

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

In my experience, I found someone who is an experienced trader and ask him a lot of questions and he always entertained it. After that he became my mentor, it makes that easy for me to start trading because I know that those other information about trading are too long to read. He taught me the easiest way and tricks that he knew. He also gave me a lot of tips so try finding a good mentor.

[roadbits]

If you are new to trading then I suggest you read articles about trading, learn how candle stick works, and be patience. You can watch a lot of videos in youtube and some trading binary can give you a trial account that you can practice your self and build confidence. I have started trading last month and I thought is was easy or as long as you have a big capital I can't lose to trading but I did lose. The lesson I can share to you is don't be greedy in trading. Greedy in a way that you begin to bet big amount of money because you won in consecutive so don't get to emotional too.

In trading one thing you keep in your head selling low profit is not a loss. Selling your coins for under value is a loss. That means suppose if you buy the coin at $100 if you sell that coin below $100 it is a loss. If you get 1$ profit, it's still come under profit section. Here some traders will make one percent if they get that percentage of the money they will call it profit, or else they tell they are in loss.

[CAPT.DEADPOOL]

if you are first timer trader try invest a liitle money to buy a cheap coin then wait the high price then you will sell

[Cosbycoin]

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

The main rule for trading is, buying at low and selling high. Perhaps every trader might know this rule, but as you are a newbie, you need to start from beginning.

Trading will only give you profit if you study some phenomenon about the alts you are investing it. If you want to start your trading with bitcoin, then surely you will get profit but it will take much time and a big patience.

[Osarman]

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

In my experience, I found someone who is an experienced trader and ask him a lot of questions and he always entertained it. After that he became my mentor, it makes that easy for me to start trading because I know that those other information about trading are too long to read. He taught me the easiest way and tricks that he knew. He also gave me a lot of tips so try finding a good mentor.

You can only become a professional trader if you practice trading on your own. Even if you bear some losses in trading, dosent mind.

You have to compulsorily face many ups and downs in trading to really become a good trader. Firstly you can start with some research about the coin you want to invest in.

[n691309]

If you are new to trading then I suggest you read articles about trading, learn how candle stick works, and be patience. You can watch a lot of videos in youtube and some trading binary can give you a trial account that you can practice your self and build confidence. I have started trading last month and I thought is was easy or as long as you have a big capital I can't lose to trading but I did lose. The lesson I can share to you is don't be greedy in trading. Greedy in a way that you begin to bet big amount of money because you won in consecutive so don't get to emotional too.

Yes, greed is not at all tolerated in trading. And even big capital is needed for big profits.
The more you invest the more profit you get with some great skills. And i would suggest, not to start trading according to youtube videos. Youtube videos cant be trusted and also they are not up-to-date

[noictib]

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

According to title you want to learn and make practice about trading , but here i think no one sites are available to make practice about bitcoin .
So here i would like to suggest you to go at yobit.net( most simple site to make trading  for newbies ) and deposit there about 0.01 or 0.001btc and after that make buy of the coins which are at low price and have chances to increase , and when they get High price then sell them .
In this way yiu can make trading seriously with the very small amount of the money and if you got loss innthe TRADING then also you will get better lesson in trading how to manage loss , and also learned that how to trade .
If yoi comes to know that you are now totally perfect to make trading , then invest more money again in this work and make earnings in bulk According to your experience and knowledge that what you got already with small trade amount .

[Open4lies]

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

In my experience, I found someone who is an experienced trader and ask him a lot of questions and he always entertained it. After that he became my mentor, it makes that easy for me to start trading because I know that those other information about trading are too long to read. He taught me the easiest way and tricks that he knew. He also gave me a lot of tips so try finding a good mentor.

You can only become a professional trader if you practice trading on your own. Even if you bear some losses in trading, dosent mind.

You have to compulsorily face many ups and downs in trading to really become a good trader. Firstly you can start with some research about the coin you want to invest in.

I think trade with small Team still good, maybe 5-10 members. Because we can exchange experiences every day, find the defect when trading and improve it. Sometimes, we can create some poll for check our predictt right or wrong.

[radjie]

In trading Bitcoin we must have a goal so as not to be confused, you should often read an article about trade, after all can be learned.you should be able to estimate the market price.Do not greedy determine sales targets, The important ones can make a profit then get used to satisfied and do not try to sell at a price that does not make sense unless you really sure.

[aardvark15]

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

My advice is to first try to watch an exchange to try to understand what traders are doing and study the charts. Then try it yourself by waiting for a dip in the price of Bitcoin and just buy a small amount just to get your feet wet. Then sell as the price rises enough to make a profit. You will begin to understand when to buy and sell and how much profit you need to make per trade.

[MiXxe]

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

My advice is to first try to watch an exchange to try to understand what traders are doing and study the charts. Then try it yourself by waiting for a dip in the price of Bitcoin and just buy a small amount just to get your feet wet. Then sell as the price rises enough to make a profit. You will begin to understand when to buy and sell and how much profit you need to make per trade.

Good advise and its only easy to experience trading ,the hard is accepting losing which some of the newbie starters are struggling and after that experience is quiting .You need to understand the steps of learning and accepts all what you can learn in every trade.

[Reid]

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

My advice is to first try to watch an exchange to try to understand what traders are doing and study the charts. Then try it yourself by waiting for a dip in the price of Bitcoin and just buy a small amount just to get your feet wet. Then sell as the price rises enough to make a profit. You will begin to understand when to buy and sell and how much profit you need to make per trade.

I did this once in one altcoin. Just watching the buy and sell box and what are happening with the price if they are moving.
Surely, you can learn some just by watching it although it will take time.
I use the graph also just to see how far it can go way up to somehow predict if it can reach that price again.
It is not always accurate but are good pointers into starting a trade.

[Hui8]

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

The great way is to take dive in. 

I as trader started with some shit coins and lost money. However I knew that I dont understand much about it do I just started with very tiny amounts and tried to grasp how it works. I calculated everything the time required to deposits, exchanges, putting call or down and every bit of it. Like that I spent at least hundred dollars learning and now apply best strategies by myself. It profits me a lot now. So it's better go all yourself and you will learn far better things than anyone can teach you.

[Open4lies]

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

My advice is to first try to watch an exchange to try to understand what traders are doing and study the charts. Then try it yourself by waiting for a dip in the price of Bitcoin and just buy a small amount just to get your feet wet. Then sell as the price rises enough to make a profit. You will begin to understand when to buy and sell and how much profit you need to make per trade.

I did this once in one altcoin. Just watching the buy and sell box and what are happening with the price if they are moving.
Surely, you can learn some just by watching it although it will take time.
I use the graph also just to see how far it can go way up to somehow predict if it can reach that price again.
It is not always accurate but are good pointers into starting a trade.

Well, this is the type learning not need spend money for pratice, you can try predict the price of altcoin you want trading and wait the result of this coin like your predict or not. You should set a limit time for check this predict right or wrong, because when trading you need choose long term or short term before decisive buying.

[rockyboy]

Hi, i am a newbie also, I just want to ask how can a new trader know the good and bad coin in crypto currency and how would i learn about technical and fundamental analysis in crypto currency?

 

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..

[Sled]

If you want to start trading, you should prepare a small amount of money from your pocket or savings to serve as a starting capital or learning capital because the exchange of the cryptocurrencies doesn't have demo account like the forex or stock markets so you need to provide even a small amount of money to start practicing trading.

[jostorres]

If you want to start trading, you should prepare a small amount of money from your pocket or savings to serve as a starting capital or learning capital because the exchange of the cryptocurrencies doesn't have demo account like the forex or stock markets so you need to provide even a small amount of money to start practicing trading.

Yes, we do need investments in the start to step into the trading world. Not only money but knowledge is also required to be a winner in the crypto kingdom than a warrior. I guess demo accounts are available but I don’t know as such which exchange is offering this feature.

[malikusama]

Just go through the threads on this forum about trading and try to learn as much as you can. If you have questions other then existing threads then you can ask freely, seniors are here to guide you with best of their knowledge. Practice makes a man perfect, try practicing and start it with a small investment first. Once you become confident about your trading skills then you will be able to invest more.

[Idrisu]

Since you are newbie to trading, you need to spend much time studying trading info that are freely share here. Then open trading account with any of the following trading platforms and invest minimum amount possible. C-cex, poloniex,  bittrex and livecoin.