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Author Topic: I need an idea for crypto tading.  (Read 3119 times)
rarkenin
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August 16, 2017, 07:48:47 PM
 #21

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

If you are new to trading and no related experience  to trading you shouldnt start with crypto currencies. Go to learn basic trading rules like money management,strategies etc on stock or forex market. But use demo accounts at least for first month. One good advice: Never take a leverage which you cant handle margin rate of position on -10% negative change against your trade.



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romecheo
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August 17, 2017, 03:47:37 AM
 #22

One of my friend suggestion, was to know how to read graph, it was available on trading/exchange sites.

He said, graph will tell you everything, it will help you decide where to put your investment.



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August 17, 2017, 04:10:33 AM
 #23

You need help to learn and know about crypto trading. I will tell, you couldn't learn about crypto trading in a day. But i am sure you will learn it if you have a patience and skills to do trading. Actually, we all have thinking especially newbie that trading is very difficult thing to understand but in fact, it is not difficult thing actually, we should concentrate on your coins price and now start to do trading and i am sure you will learn from your mistakes. 

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August 17, 2017, 04:49:57 AM
 #24

I think the price of bitcoin and that of altcoin go to the opposite side.

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August 17, 2017, 06:45:20 AM
 #25

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.
What are you mentioning here ? Is it coin or website ?
If the coin then i guess start with bitcoin and then when you feel like you have earned enough experience then you can jump to altcoins like ETH, LTC, XEM etc...
If its a website then you can start off with bittrex.com as it is the best exchange site i have used till date. I myself trade on bittrex and find it user friendly. Its interface is also good and better than other exchanges.

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August 17, 2017, 07:05:06 AM
 #26

You should first lean how to interpret chart from babypip and candlestick formation. Everything come down to your skills and knowledge including understand of technical and fundamental knowledge. From there open account for most major popular exchangers platforms were you can flip your bitcoin and altcoins trading. The best coin that you can flip are lisk, strats, neo, iota and litecoin. Please practice very well before investing really money.


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August 17, 2017, 08:37:28 AM
 #27

am very near to trading i wish i wall have someone who will guid me and hellp me completely understand this interesting wold

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andrei56
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August 17, 2017, 08:13:42 PM
 #28

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.
I think you are very lost, my friend, trading is not about ideas or tricks, trading is a discipline you need to look at all the indicators and when those indicators signal the possibility of something happening then you concentrate even more to see if your prediction has a possibility of being true and if you are right then you do a trade.

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Bunsomjelican
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August 18, 2017, 02:37:05 AM
 #29

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

If you really want to know about in crypto trading, you need to sign up in into  different exhange site platform like like Poloniex, Bittrex, Cryptopia, Yobit.net, and other's then observe the altcoins they in the platform of how they move anf how the traders react when the price is moving in the graph chart.

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August 19, 2017, 02:31:44 AM
 #30

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.
Put your capital in bittrex exchange.
Look at the price history of XEL I think the best way is to do the fast trade.
Note the lowest price of XEL is 9K and in a day the price rises to 12K and the movement happens every day of the week.
Fast trade fast profit.
Good luck!

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August 19, 2017, 04:26:27 AM
 #31

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

We have so many exchange platform where we can do the actual trade of altcoin, like example Bittrex, Poloniex, Novaexchange, Coinexchange.io, Cryptopia, Yobit.net, Bitcoinwisdom, KRaken, Etherdelta, Hitbtc, and many more. Just all you gonna do first is to sign up first if your not register yet. Then once you get in any exchange platform that I had mentioned you can observe the movement of each altcoin there in terms of their price value.

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August 20, 2017, 02:20:08 AM
 #32

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

Poloniex is the best place to trade, because the movement of coin is fast and there are many options altcoin, or you can also play on hitbtc there almost the same as poloniex

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August 21, 2017, 02:54:56 AM
 #33

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

If you are new to trading and no related experience  to trading you shouldnt start with crypto currencies. Go to learn basic trading rules like money management,strategies etc on stock or forex market. But use demo accounts at least for first month. One good advice: Never take a leverage which you cant handle margin rate of position on -10% negative change against your trade.
This is a good recommendation first practice in forex with a demo account, crypto is a lot more harder to predict and the movements are bigger so you need to start with something easier, also you need to be careful, some sites rig their demo accounts so they get more profits so they think they are great traders and then invest money trading in forex.

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August 21, 2017, 03:09:30 AM
 #34

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

Just start with the basics first like knowing what is trading, how to determine the market if its bull, bear or consolidating, reading charts, candles, support and resistance, what candles mean etc. When you understand it then you can try trading just a small amount first because you can truly understand it when you try it live. You will eventually develop your own trading style and strategy and you may lose but then through it you will learn. All traders start with no idea what trading is and how it works but through experience they were able to develop their trading plan to have profitable trades.
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August 21, 2017, 03:14:59 AM
 #35

You should first lean how to interpret chart from babypip and candlestick formation. Everything come down to your skills and knowledge including understand of technical and fundamental knowledge. From there open account for most major popular exchangers platforms were you can flip your bitcoin and altcoins trading. The best coin that you can flip are lisk, strats, neo, iota and litecoin. Please practice very well before investing really money.
                                  Basically those are the most basic things to do before you start trading, read the candlestick formations and watching over the charts if possible, read some further guides on how to read the charts and some advises for you to learn more, but the most effective way is just to practice, experience does a lot in trading.

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August 21, 2017, 05:52:28 PM
 #36

Hello guys
I need an idea for crypto trading. So which is best for trading. Anybody give an idea and best tips.

Poloniex is the best place to trade, because the movement of coin is fast and there are many options altcoin, or you can also play on hitbtc there almost the same as poloniex
Poloniex and bittrex both are good options for trading. Maximum coins are available in these two exchanges. There is no doubt that transactions are quite fast at poloniex that is what gives it an edge over other exchanges.

Personally I don’t prefer trading at more than two exchanges because it is complicated to manage all exchanges at a time.

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August 21, 2017, 06:20:33 PM
 #37

- buy low and sell at high price
- don't panic when there will be small correction/dump on the price
- don't follow any trading advice or fud/hype about a coin
- don't put emotion in your trading strategy, think wisely
- don't trade all amount you have, just invest what you can afford to loss.

these are few trading tips for you from my side.

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August 21, 2017, 06:47:16 PM
 #38

Like other said the basic thing you should learn is to buy low and sell high .. before you can improve your self to become a pro in trading..
For me there are some ways that you don't need to pay for your start in trading i was learn in some software called sparkprofit that you can found here https://sparkprofit.com/ and use this app you can start learnings how to make your own margin and make a profit the good thing here its free and you can earn without invest or depositing anything here you are just need put your own margin in live graph and make points that you can convert into money or bitcoin.. in this way you can improving your self to trade..

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August 21, 2017, 08:53:16 PM
 #39

Trading is next to more likely gambling with a higher rate of gaining profit. There's a lot of ways here in this forum on how your'e going to earn idea in crypto trading. Try to read on the announcement section there are startup companies over there that is looking for their company to advertise them and as you read the comments your'e going to read comments from experienced traders and that's how your'e going to gain knowledge by learning to others.

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pawanjain
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August 22, 2017, 03:47:17 AM
 #40

I think the price of bitcoin and that of altcoin go to the opposite side.
Cryptocurrencies are very volatile in nature and their price fluctuations can be small sometimes and large sometimes. The price of each currency may depend on various factors. I have seen times when price of bitcoin rise the altcoins had fall and when the price of bitcoin drops altcoins had a rise.There were also sometimes when the price of bitcoin had dropped the altcoins had remained still. So we cant accurately say that the prices go only opposite side. Sometimes it can go on the same side too. It depends on the market conditions and  how people are reacting to it.

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