Practice trading

[n0ne]

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.

With demo accounts one cannot learn much about trading. It needs a small capital to experiment or practice, only then little by little can make a better profiting when years pass. If not making a earning through trading phenomenon is simply impossible, if you have the mind to learn then loss happens in the starting but the same will help you overcome losses in future.

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[zidanw]

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.

With demo accounts one cannot learn much about trading. It needs a small capital to experiment or practice, only then little by little can make a better profiting when years pass. If not making a earning through trading phenomenon is simply impossible, if you have the mind to learn then loss happens in the starting but the same will help you overcome losses in future.

Demo account is a capital to learn about trading, demo accounts that have a large balance but we can't have it or take profit, demo account is a solution for those who don't have the capital unfortunately not any demo account for cryptocurrency trading on site exchanger.

[JPMoron]

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

Trading should be trained by doing.
As the prequisite:
Read chart and read news,
Later buy & HODL

[sevendust777]

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

Cryptocurrency trading can be profitable as long as you understand what you are doing but also you can lose. Start watching videos on youtube the basics of trading. Ask people you trust. Open an exchange  account like bittrex and put minimum bitcoin for you to start. Experience again is the best teacher.  And do your own research.

[raven7886]

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

Cryptocurrency trading can be profitable as long as you understand what you are doing but also you can lose. Start watching videos on youtube the basics of trading. Ask people you trust. Open an exchange  account like bittrex and put minimum bitcoin for you to start. Experience again is the best teacher.  And do your own research.

Trading needs a lot of practice and you need to be really cautious before taking any decision. YouTube videos do best job for new traders. There are many videos that can help you in learning trading without any payment or any serious efforts. Besides forums like this one are great methods of discussing your problems.

Experiences should be gained well in advance touching real market. We can gain experiences either from demo account or watch-only mode of real accounts too. My friend guided me to trading while he is doing real trading, I did watch him as a watch-only mode.

[sujonali1819]

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

trading is an unpredictable things. but by more experience and learning you can shine in your trading. first you need to join an exchange site then transfer your bitcoin to the site . then you need buy a suitable con that is more stable and potential. to get profit must you buy low and sell high.

[ubeng07]

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

trading is an unpredictable things. but by more experience and learning you can shine in your trading. first you need to join an exchange site then transfer your bitcoin to the site . then you need buy a suitable con that is more stable and potential. to get profit must you buy low and sell high.

Yes that is the way how you can trade you need to join for some exhange and after that follow the next step and when the time that you are in trading be patient and before that dont forget to study about what coin you would trade.

[equator]

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

if you want to practice trading then you can do one thing of join any new coin bounty and when they issue the coins and when the coin get listed just deposit your coins and start trading. About trading basic rules first you should learn about them and then with this option you can trade that coin and get detail about how to do trading.

[liuqi]

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

Cryptocurrency trading can be profitable as long as you understand what you are doing but also you can lose. Start watching videos on youtube the basics of trading. Ask people you trust. Open an exchange  account like bittrex and put minimum bitcoin for you to start. Experience again is the best teacher.  And do your own research.

Only watching videos available in Youtube or reading article about the bitcoin trading will only not give strategy to being part of trading. I suggest to try initialize your trading path in the localbitcoins.com.
Apart from this site, polenix, yobit and cex.io are the best to trade the digital currencies.

[Gheka]

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.

Youtube, forum and group in facebook are good friends of us, it will help us to accumulate experience, knowledge and help practice trading easier. Enough knowledge we will be more confident in trading, and I think we need a friend has a lot of experience to guide us, knowledge is dead, people are alive, the experience of the people ahead is better than the experience from the book

[ngacengan]

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

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.

[entrepmind23]

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

You can read first about how trading works and be familiarize with the terms. You can find a mentor who is an experienced trader and can help you a lot in your way of being a profitable trader. You can get tips and advises from him and eventually you can develop your own trading style and strategy. Trading is not only about buying low and selling high but it involves a lot of emotions as well. Managing your emotions is very important in trading and it goes in par with being familiarize in technical and fundamental analysis.

[traderethereum]

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

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.

this is what i am suggesting to my friend too when he want to start trading. but sometimes, i am told to him by selecting a coins so he can buy the coin. we must practice trading if we want to be pro trader even if we only have small budget to start. i believe if we are smart to choose the coin, we can make big profit too.

[jovs]

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.

That is the first thing you need to do. Study and invest a lot of time for you to learn things specifically the system of bitcoin on earning on trading or investing. And for me there is no practice mode on trading if you want to learn more try on trading in your own way taking all the risk that could possibly affect your earning. It is better to take the risk and learn from your mistakes because it could teach you to develop in a form of your tradings and decision making. Experience is the best teacher and could be a guide for you to learn more things about bitcoin.

[Baijit20]

youtube has lot of easy video about trading..you watched it.and you can study about trading on this forum..and also ask people who have many experienced.if you have small money better you tread earn and learn.

[erick94]

youtube has lot of easy video about trading..you watched it.and you can study about trading on this forum..and also ask people who have many experienced.if you have small money better you tread earn and learn.

Watching videos on youtube is very good as a place for beginner trading training because there are many tutorials that are easy to understand

[MyIdeas]

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

If you are trading for beginners you have to learn first, learn to understand the chart situation and read the situation where the right position to buy and sell, if you do not learn it will get a lot of losses.

this is what i am suggesting to my friend too when he want to start trading. but sometimes, i am told to him by selecting a coins so he can buy the coin. we must practice trading if we want to be pro trader even if we only have small budget to start. i believe if we are smart to choose the coin, we can make big profit too.

Choosing right coin is a smart thing. Practice is the real thing everywhere in practical world. And if someone asks me, I suggest him to trade with ordinary currency on a lower level. He must keep trading till he gains much experience to go on upper level because if you go to bitcoin trading directly without any experience then you may face a huge loss. And that will result in giving up trading on the first place.

[Rahar02]

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.

I do not recommend to use yobit as there are many problems regarding their services, better to open an account at bittrex atm if there's no any local exchanges in your country. Learning trading takes time, at least you need min 2 weeks to learn about the basics of trading. read some theories about trading and join into several trading groups to learn more. Meanwhile, you need capital to start trading, remember, trading is a game which there are many people loss their money. So, don't be greedy and divide your capital into several amounts to buy several coins.

[gabmen]

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.

I do not recommend to use yobit as there are many problems regarding their services, better to open an account at bittrex atm if there's no any local exchanges in your country. Learning trading takes time, at least you need min 2 weeks to learn about the basics of trading. read some theories about trading and join into several trading groups to learn more. Meanwhile, you need capital to start trading, remember, trading is a game which there are many people loss their money. So, don't be greedy and divide your capital into several amounts to buy several coins.

You're just practicing trading what's wrong with using yobit? Its not as if you're going to deposit a big amount already. Yobit has a lot of small coins to practice on. You'll familiarize yourself more about which coin can be trusted or not and how to detect them

[fanbeila]

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

First,you try to learn the basics of trading by reading articles in some blogs or websites and by watching some youtube videos which explain about trading techniques.Then,you try to read ANN thread of the coins in which you are going to invest and find its marketcap,who are its investors.Then initially invest a very low amount and start trading.Try to learn how to read the various price charts found in exchanges to find out the price movements.Invest in older coins since you are a newbie to minimise risks.