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Author Topic: how to start trading ?  (Read 2377 times)
ak34
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September 01, 2017, 04:13:24 AM
 #1

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
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Shova
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September 01, 2017, 04:20:36 AM
 #2

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

If you meant cryptocurrency trading,
First you need to have some cryptocurrency, preferable buy bitcoins using fiat.
There are a lot of exchanges that trade a lot of tokens/coins.
A few of them being, Bittrex, poloneix, yobit, cryptopia, binance, viabtc, etc.

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September 01, 2017, 05:15:05 AM
 #3

Deposit some funds on your preferred cryptocurrency exchange site: Bittrex | Bitfinex | Binance

Go to one of these sites and look at the charts of a certain cryptocurrency. See if you can find a sort of "pattern" so you have an idea on what the highest price and lowest price of the previous days, so you have an idea on when to buy and when to sell. For holding longterm, just choose a good number of cryptocurrencies on coinmarketcap.com, preferably cryptocurrencies that you think has future value, then just buy some at dips(I don't usually suggest buying at all time highs). You really need to do a lot of research on cryptocurrencies if you're planning on holding long term.

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September 01, 2017, 06:02:16 AM
 #4

Trading with cryptocurrency can be enormously profitable if you learn how to do it wisely.The important thing is to find a secure platform where you can store and exchange at right time.
You can not look forward to trade in all altcoins as some may be not profitable for the moment. There are currently only two renowned cryptocurrencies the bitcoin and ether with which you can trade successfuy.


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alva5763
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September 01, 2017, 06:17:49 AM
 #5

Perhaps the word learning should be replaced by experience. You cannot learn to trade except how to change one currency to another. You have to gain experience in when to buy,when to sell and which currencies to use. Trade small to start with. You will not earn much if successful but you will not lose a lot if you make wrong choice. Some important points are to be patient as you gain experience and do not be too greedy in trying to gain unrealistic profits.
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September 01, 2017, 06:23:59 AM
 #6

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

if the first step from me is to determine which market you want to place for trading, I can take the example to poloniex / bittrex, then next step deposit USD / BTC to the market, observe some coin from which rise rapidly and decrease, for example buy bitcoin, buy bitcoin at this time after that if you want to buy altcoin observe first in marketcap before deciding to buy coin, after the good taste to buy coin then buy, i suggest for now can buy altcoin PINK as an example, after that if the price goes up then sell, and you've got pretty good profit

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DaMut
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September 01, 2017, 07:12:27 AM
 #7

How to trade ?
First you need to find an OUTPUT and INPUT for your transaction.

INPUT-You need to know the place for you to buy Bitcoin using your own Fiat or other payment method,
OUTPUT-Find the place for you to withdraw your Bitcoin to Fiat after doing the trade.

if you already find it lets move to the strategy,
for BEGINNER,i recommend you to trade BTC/FIAT pair and vice versa.
do not trade an altcoin because you will get burned if you do that.
indeed you can get a lot of profits from doing that,but remember.You can lose it all in the next minute if you're not good enough.
that is why i said,do not trade an altcoin for now.Familiarize yourself with it first,
after you feel 'it',you can start to move on(next stage aka trade altcoin).

you don't want to lose anything while trading BTC/FIAT pair and vice versa?
all you need to do is holding,when you doing a daily trading and you buy in the top,do not sell it and keep holding it.
when the downward movement begin many people will start FUDDING and that is the time you must maintain yourself.
don't let your emotion take control.
just remember 'YOU WILL ONLY LOSE IT IF YOU SELL IT CHEAPER'.

after you get used by iti,it's not a problem for you to trade an altcoin
because trade an altcoin,you need a ton of patience and cool head

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rockie87
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September 01, 2017, 07:22:50 AM
 #8

You can start trading by buying and holding some bitcoins. You can also transfer those coins to an exchange and trade on altcoins.
These are the basics to start trading.

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devrawal93
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September 01, 2017, 12:18:57 PM
 #9

I would love to guide you on this topic...

First Before Moving to trade on Bitcoins which are highly volatile and liquid too , I request you too do some Demo practise on Trading for 3 To 4 months.

Trading doesn't matter whether it is gold,stocks, Bonds or Bitcoins. the process is all same only the script or product changes  Wink

Do one thing Either you join Some paid courses or if you want to learn for free of cost then you can Subcribe Good Youtube Channels on Trading Bitcoins,follow some good blogs on Trading Bitcoins, and also join some Big trading websites and forums where you can get tons of Information for free of cost.

I will share my knowledge in this group timely so be active in this forum guys....  Grin

thanks  Cool
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September 01, 2017, 12:57:17 PM
 #10

You need to learn the information on the forum, here you can find a lot of useful information so as not to repeat the mistakes of newcomers. But buying coins and retaining them while the price does not rise will be a simple earnings even for beginners.

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limmousine
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September 01, 2017, 01:15:48 PM
 #11

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

You must be smart to analyze and read the graph. I also often monitor his offisial account to see information from the coin that I like to trade, if there is an update from dev then the coin price will pump.

You can try to buy alt whose price is far below ico.

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September 01, 2017, 01:33:23 PM
 #12

very easy if you want to trade. If you want to buy a coin you should first search whether there is good news about the bitcoin how coin is feasible or not for us to buy. second always pay attention to trend coin always follow trend about and always update news about coin that will really help you in trading.

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Malamok101
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September 01, 2017, 01:54:01 PM
 #13

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

You must be smart to analyze and read the graph. I also often monitor his offisial account to see information from the coin that I like to trade, if there is an update from dev then the coin price will pump.

You can try to buy alt whose price is far below ico.


Hello if you are a first timer trader you can start only in Ltc,eth,xvg with low risk.Please follow the rules here and if you want you can watch in youtube that you can guide more. Wink

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September 01, 2017, 02:27:41 PM
 #14

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
Well, I saw that this was your first post in here. If I were you, you must start first on learning what bitcoin is?  Then know what is Trading? You need to start from the basic. there is  no magic in here neither short cut to become good or expert one. Even you go in the trading Platform, if you don't have any knowledge or idea in trading, everything will be useless or else even you have a lots of capital it will only goes into losses.Here read this link it might gonna help for a newbie like you http://immutable.today/10-mistakes-bitcoin-newbies/

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Baijit20
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September 01, 2017, 02:36:03 PM
 #15

if you want to trade 1st you khow about treding..you know about trading on youtube.youtube has many easy video about trade.and you should have enough many.

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September 01, 2017, 03:20:28 PM
 #16

at first check some videos and topics about trading and when buy your firs tokens

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September 01, 2017, 03:26:51 PM
 #17

i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
I think trading is a science that must be studied directly. assuming that when you have a lot of experience then you can make the right decisions as well. I think when you just read the knowledge of trading then it will not make a big impact, you will get great knowledge when you always try to trade. so do it constantly until someday you can become a successful trader.

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September 01, 2017, 04:50:08 PM
 #18

It's simple to say but it's hard to do the trade.without proper knowledge of the trade, you can lose all of your money in few second.So if you really want to start trading first you have to learn the trade.The basic rule of trade is to buy with low price and sell them when the price high.you can use hitbtc.com for demo trading.it will surely help you.

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September 01, 2017, 05:12:56 PM
 #19

Trading is not very easy. It's so difficult. I think trading is a mathematical term. If you have any mistake so you will lose your capital. But if you have no mistake will get a huge profit on it. So at first, you have to learn to trade properly. You can get a lot of resource post on this forum about trading.

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September 01, 2017, 05:31:35 PM
 #20

The best way is to learn everything by trying out that you could. Meaning go out there and start investing little amounts into altcoins which is first place people will try to invest money. Get to know yourself with altcoins, there are around 1050 altcoins available however more than fifty percent are shit coins which means they are not worth investing. So you are left with rest of the fifty percent from which you can choose top traded coins. This is choosing process before you could trade coins.

Secondly, go for coins which are in buzz here on the forum. These coins are the one which will be pumped soon, meaning they will get invested most and will get you bugger margins of the profit. Hope this tip will help you. Rest you will get to know by all yourself once you start investing.

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