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Topic: Beginner trader (Read 3082 times)
Orelek23
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Beginner trader
August 24, 2017, 11:01:27 AM
#1
Which coins exchange is the best choice for begginer trader??
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xFiber
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Re: Beginner trader
August 24, 2017, 11:07:50 AM
#2
So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.
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Re: Beginner trader
August 24, 2017, 11:15:26 AM
#3
Quote from: xFiber on August 24, 2017, 11:07:50 AM
So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.
Its not actually a wise recommendation but somehow do have a caution since you are right market nowadays is wild but i can say that its wild since on its first days knowing all coins are volatile and if someone decided to engage on trading on the very first time then it isnt bad since he can anytime to make trades on demo without risking money which is really a good way to train yourself along with self learnings because all of informations are all in the internet actually.
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Panda Trump
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Re: Beginner trader
August 24, 2017, 11:23:51 AM
#4
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
I suggest these ones:
Cryptopia, Bittrex, Bleutrade.
More exchanges are avaiable, but these 3 are the main ones I use. Please stay away from Poloniex, as they constantly have problems and their customer support often completely ignores people.
I suggest you to make accounts on multiple exchanges to look for the best deals. Cryptopia's arbitrage page is very useful to look for the best buying/selling opportunities. Sometimes you can even make some money from just buying at 1 place and quickly selling at another...
Therefore, I suggest these 3.
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DaMut
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Re: Beginner trader
August 24, 2017, 12:01:08 PM
#5
there're no the best coin for beginner nor expert,
everything is based on your luck,speculation,strategy and financial.
but,for beginner i advice you to not doing any trade for a low liquidty coins,
do you know what is it ? if you don't know look at this*
because most of them are pump and dump coin,even some of them not like that,but more likely the price has been surpressed by whales so it'll take a long time to get a pump.
just trade top 10 cryptos and never hold it for more than 1 days if you can not hold it for a month or more.
and the better exchanger so far Bittrex.
there're no BEST exchanger,because they can not guarantee your money 100%
*low liquidty coin : in general low liquidity mean is when we make a sell and buy that time,the price will not have a big change.
that mean total coin that traded that time not really high and usually the price is going down.
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ultrloa
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Re: Beginner trader
August 24, 2017, 01:16:47 PM
#6
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
The first exchange I made as training ground is the c-cex since its very easy to understand their format and searching for great traded coins have been highlighted to there site so maybe it is the best site that you could try, but before doing some trades there you must familiarize the site itself and became informative on the coins listed there so that a possible earnings will strike on you.
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Re: Beginner trader
August 24, 2017, 01:52:30 PM
#7
Your first choice must be NEO, the coin is not yet pumped so much. Other good coins $PTOY $QTUM, $TIME, $GAS, $STRAT $UBQ and more.
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
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Victorycoin
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Re: Beginner trader
August 24, 2017, 03:48:20 PM
#8
Quote from: xFiber on August 24, 2017, 11:07:50 AM
So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.
There is nothing the matter with trading now and at any other time, so long as one is knowledgeable enough and has some trading skills. As a matter of fact, more profits are easily made in a volatile market than a stagnant one and in the course of trading, you're in effect hodling your coins, which would most likely fetch better returns.
I am doing most of trading at Bittrex, because it gives me the best charting features among the few stable exchanges.
ibuddy122505
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Re: Beginner trader
August 24, 2017, 04:04:45 PM
#9
Bittrex will be the best. Always try to choose a good coin (NEO, WAVE) and Hold it at least 6-12 months, as patience is required in crypto trading. You may use the following tips:
Tip 1. Never invest everything at one go. Do it in 3-4 parts.
Tip 2: Crypto is volatile. Even 60 percent fall should not bother.
ynatopak14
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Re: Beginner trader
August 24, 2017, 04:12:44 PM
#10
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
have you heard ? XPLAY is doing great in every social meadia campaign.. they aboujt to reach the $10 million share sold!
many investors are really interested on this coin called XPA..
XPA will launch in the market after end of the month
and most trades expect to see it pumping all day everyday.. so i will tell you to wait for that and invest
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Re: Beginner trader
August 24, 2017, 04:13:53 PM
#11
As a beginner in trading its good to have a small investment to learn much about it. At the early days of being a trader it's good to focus on btc/USD trading rather than focusing on btc/altcoins trading which is pretty hard to make closer predictions.
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voltesbit777
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Re: Beginner trader
August 24, 2017, 04:29:32 PM
#12
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
all I can say for a newbie like you who will go into exchange site platform is Good luck!
Doing trade as of the moment are very risky, all you can do for now I think is to observe the move of the coins value in the market. Then how the traders move when the value also react.
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Re: Beginner trader
August 24, 2017, 05:07:44 PM
#13
Almost every trading platform is good for small/beginner traders but I prefer poloniex because they have really low withdrawal fee so you will not loss much when moving in and out your coin from the exchange.
Also they only list top trading coins so as a newbie trader you will not get stucked holding shit coins.
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Re: Beginner trader
August 24, 2017, 05:23:04 PM
#14
Mostly other are trading in poloniex i dont think if yobit still exist and legit but i was started yobit before when i was beginners and i seen there are still active there and i think you can try there you can see almost new altcoin there but mostly a scam coins..
Cryptopia is also good trading site where i think it is one of the good and secured trading site where i started to trade with CBX before..
So for now like other said that almost all are good to use but i recommend to go in poloniex but first you need to secured your account enable the 2fa authentication so that your account are safe.. as beginners they are always forgot this to secured their account..
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Re: Beginner trader
August 24, 2017, 05:32:12 PM
#15
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
you can trying bittrex, in my experience i learn trade in bittrex 3 years ago, until now im using bittrex, or you can use big market like poloniex.
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Re: Beginner trader
August 24, 2017, 05:34:46 PM
#16
Quote from: Ayiranorea on August 24, 2017, 04:13:53 PM
As a beginner in trading its good to have a small investment to learn much about it. At the early days of being a trader it's good to focus on btc/USD trading rather than focusing on btc/altcoins trading which is pretty hard to make closer predictions.
yeah, op can invest a small amount for learn about trading if you fully understanding the market now invest your btc for trade it.
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Re: Beginner trader
August 24, 2017, 08:47:56 PM
#17
You can try any of the following;
yobit.net
bittrex.com
poloniex.com
coinexchange.io
cryptopia.co.nz
tidex
liqui
There are many other bitcoin/altcoin exchange but search for review before trying them out.
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Re: Beginner trader
August 24, 2017, 09:43:28 PM
#18
I used poloniex, liqui, crptopia and bittrex so far. All of them are trusted and they have smooth transactions. But poloniex has some technical or ecnomical problems, be advised.
Never use yobit thing, it's not secure.
Start with small amounts at the beginning, try to understand the system first.
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Re: Beginner trader
August 24, 2017, 09:58:09 PM
#19
I prefer Poloniex, Bittrex and Bitfinex. I've also used Kraken, Gemini and GDax and they are fairly good as well.
I recommend you to use a popular exchange with a lot of volume. You can find the full list here:
https://coinmarketcap.com/exchanges/volume/24-hour/
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Re: Beginner trader
August 24, 2017, 10:46:11 PM
#20
Quote from: Orelek23 on August 24, 2017, 11:01:27 AM
Which coins exchange is the best choice for begginer trader??
You might be thought the liqui, bittrex and poloniex. Polo already working smoothly right now, But if you ever heard about the binance exchange and you must never use it. But liqui is preferable in my opinion for the newbies trader because the liqui offers the cheap token price rather than another sites.
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