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Author Topic: give me some tips about trading??  (Read 5310 times)
GoodLuck2
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August 14, 2017, 12:09:32 PM
 #21

if you are firstimer trading try to buy a cheap coin then sell in to high price
Yes, you're right to buy them a coin, which is very low in price and then keeps the coin for some time when its price increases, then sell this coin to a large price. But I think that firstly he needs himself to expert in trading and then when he understands about trading well then start trade with coins and also save yourself from scams. And I am sure that all these paths will be taken him to success.
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August 14, 2017, 06:02:39 PM
 #22

if you are firstimer trading try to buy a cheap coin then sell in to high price
Yes, you're right to buy them a coin, which is very low in price and then keeps the coin for some time when its price increases, then sell this coin to a large price. But I think that firstly he needs himself to expert in trading and then when he understands about trading well then start trade with coins and also save yourself from scams. And I am sure that all these paths will be taken him to success.
For beginners, you should first learn to understand the basics of trading. You can learn it here: https://www.weusecoins.com/bitcoin-trading/
Trading seems simple to buy at low prices and sell at high prices but in reality, trading requires strategy, speculation, and information about the future of a coin.

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Whosdaddy
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August 14, 2017, 09:04:00 PM
 #23

if you are firstimer trading try to buy a cheap coin then sell in to high price
Yes, you're right to buy them a coin, which is very low in price and then keeps the coin for some time when its price increases, then sell this coin to a large price. But I think that firstly he needs himself to expert in trading and then when he understands about trading well then start trade with coins and also save yourself from scams. And I am sure that all these paths will be taken him to success.
But there will be no guarantee that all cheaper coins will bounce back to get you profits. Some heavily dumped coins may get further dump like reaching one satoshi value also. So, buying cheaper coins may not be a right decisions most of the times. But, you can go for buying bitcoins when there will be some corrections.

I guess now we cannot expect any correction but once bitcoin prices reaching $5000 levels then we can expect a big correction toward $4200 levels too. Then that must be the right buying zone.
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August 15, 2017, 08:07:59 AM
 #24

Only 2 exchanges are the best for me, first poloniex and bittrex though there's another contender which is shapeshift.io

Don't use yobit.net as it will just going to give you some headache in terms of their support.

They are the worst exchange after all.

Don't use Poloniex. They have huge problems: users lost their funds there

Well just go with the second choice which is bittrex and shapeshift.io and good thing here that so far I haven't seen suggesting btc-e.

We know that they have also a problem today.

Bittrex will be a good choice.

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August 15, 2017, 08:21:22 AM
 #25

I'd say to pick just few coins and hold for a long period of time (at least 6 months). You gotta be patient, but this way you can get huge returns on your investment. Just look what happened to stratis for example. Otherwise, if you do day trading you'll get small returns and burn lots of money on exchange fees.

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August 15, 2017, 08:54:14 AM
 #26

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?


There are many exchangers to choose from. The livecoin, HitBtc, Poloniex, and Bittrex are the top names in the market. I prefer Livecoin as it is easy for me to use. The exchange is fast in processing buy and sell orders (well all of them) but I feel close with livecoin.

Okay, so some tips for trading on the exchangers: First of all study your exchangers, what coins are listed on the exchanger because not all coins will be available on them. Choose your preferred coin, the preferred coin would be with stable historical data, most pumped, and regulated volume. Choose form the exchanger top list and that would be easy to work with it. Buy these coins and wait for them to get pumped. Believe me you could start getting profits from 24 hours to two days also. Learn the skills slowly and develop your trades soon. 
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August 15, 2017, 09:38:58 AM
 #27

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?
You are a beginner in the trading so I prefer to you to study first all of the information about trading. You muat have a knowledge before you enter the trading world. Watch first in the youtube for you to learn how to trade

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August 15, 2017, 09:44:28 AM
 #28

Trading needs always experience while learning you need to follow some specific steps to make money on it. In trading, you need to remember is, patience is the key factor when you are trading. It is impossible to make money without having any patience.

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August 15, 2017, 05:15:18 PM
 #29

The only tip that I could give you in don't panic at all times, be positive, and hope. But always do your research about trading. A lot of traders don't usually apply this, so it's up to you, my friend.  Smiley
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August 15, 2017, 05:27:10 PM
 #30

You should read and study most of the thread on trading on this forum then download meta trade4 software leaned how candlesticks indicators work from there open account with some popular exchangers trading platform like poloniex, c-cex.com and bittrex. Fund the account with little satoshi and start trading for experienced first before profit.
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August 15, 2017, 05:40:39 PM
 #31

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?

Only 2 exchanges are the best for me, first poloniex and bittrex though there's another contender which is shapeshift.io

Don't use yobit.net as it will just going to give you some headache in terms of their support.

They are the worst exchange after all.

Poloniex and Kraken has some issues regarding their services right now, not sure if already resolved.
And bittrex seems lead the way in term of global trading volume as listed here; https://coinmarketcap.com/exchanges/volume/24-hour/ after Bithumb, but bittrex withdrawal fees is pretty high as much BTC0.001 when the last time I've withdraw my bitcoin.
I don't know about shapesift.io, but as long as these trading exchanges could process deposit and people easily to withdraw what belongs to them, then it's your choice to trade on which exchange.
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August 15, 2017, 05:41:20 PM
 #32

trading involves skills, and the skill can be acquired, it can be learnt either,the more you are involved in trade the more you understand the concept. you can make it from many of this cryptocoin  but we all also grew overtime to understand which is better
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August 15, 2017, 05:55:49 PM
 #33

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?

Only 2 exchanges are the best for me, first poloniex and bittrex though there's another contender which is shapeshift.io

Don't use yobit.net as it will just going to give you some headache in terms of their support.

They are the worst exchange after all.

Poloniex and Kraken has some issues regarding their services right now, not sure if already resolved.
And bittrex seems lead the way in term of global trading volume as listed here; https://coinmarketcap.com/exchanges/volume/24-hour/ after Bithumb, but bittrex withdrawal fees is pretty high as much BTC0.001 when the last time I've withdraw my bitcoin.
I don't know about shapesift.io, but as long as these trading exchanges could process deposit and people easily to withdraw what belongs to them, then it's your choice to trade on which exchange.

First learn how to do trading later you can go for live trading. To trade, i also suggest you to do in Bittrex the rates are bit high, but they are legit and fast confirmation to compare other exchange sites. I am very comfortable on this site if you want you can try in Poloniex. After Bittrex I will suggest this site.
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August 15, 2017, 09:11:31 PM
 #34

I'd say to pick just few coins and hold for a long period of time (at least 6 months). You gotta be patient, but this way you can get huge returns on your investment. Just look what happened to stratis for example. Otherwise, if you do day trading you'll get small returns and burn lots of money on exchange fees.
I agree, I think this is the best strategy in the market of cryptocurrency, because there is never certainty that the asset will go how you expected. The cryptocurrency market is a "Wild West" and it makes sense to invest in young companies in anticipation of rising them. With proper diversification you can stay in the black.
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August 15, 2017, 09:23:06 PM
 #35

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?

For exchanges, sway away from poloniex, btc-e, and etherdelta. They're nightmares. You do transfer and the money never received by the recipient. For the coins, don't buy scam coins by thinking their price is low. Never trust pump groups. Always watch out bitcoin price.
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August 15, 2017, 11:10:57 PM
 #36

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?
You are a beginner in the trading so I prefer to you to study first all of the information about trading. You muat have a knowledge before you enter the trading world. Watch first in the youtube for you to learn how to trade
yes that is right that if you are beginning in  trading then you need to start from very beginning, first your need to take some experience and after that you can think about investing a big amount of money in bitcoin or any other profitable business.
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August 15, 2017, 11:25:39 PM
 #37

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?

For exchanges, sway away from poloniex, btc-e, and etherdelta. They're nightmares. You do transfer and the money never received by the recipient. For the coins, don't buy scam coins by thinking their price is low. Never trust pump groups. Always watch out bitcoin price.

i don't have any problem in poloniex, maybe he can try with bittrex but it seems bittrex is too big for him because in bittrex, there is too many coins he can choose so i suggest to stay at poloniex. in poloniex, his option is not too big and the coins is not too difficult to analyze and yes i am agree with you that we don't have to trust pump groups because sometimes if the timing is not right, we can be trap in high price. all in all, its better for you to stick for one exchange first and learn what is inside the site and practice.

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August 15, 2017, 11:28:09 PM
 #38

hi I am new here..So I am start a trading in different market place.. can you give some tips about trading.now which exchanger is best for trading?

For exchanges, sway away from poloniex, btc-e, and etherdelta. They're nightmares. You do transfer and the money never received by the recipient. For the coins, don't buy scam coins by thinking their price is low. Never trust pump groups. Always watch out bitcoin price.
Before trading an altcoin do some research first on what coins are worth to invest your money. Yes never trust pump group you may lose your money. So you may invest on the top altcoin in coinmarketcap and also invest on what you can afford.
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August 15, 2017, 11:36:10 PM
 #39

I give you three golden tips:

1st, the old trader's rule of the thumb: Buy Low Sell High. And I assume you already knew it.

2nd, If you are about to buy a coin for 1btc, split it to 3parts  Most likely the coin is possible to dump more, so this is the time you can use the remaining parts to makeup the loss from your previous buy order.

3rd, if you got a profit from a position, do not sell all the coins, leave the 5% , as the coin might pump more in the future.
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August 16, 2017, 12:37:33 AM
 #40

Is there any website for trading exercises before real trading? or trading with low cost first?
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