how to start trading?

[Sithara007]

First of all follow up on bitcointalk forum and market regularly. You should also follow coinmarketcap.com which is a source of coin real prize. Follow the ANN thread of bitcointalk and coin own blogs/website. You chose one or two coin to start trading and you start your investment on small amount.  you take your first one or two month for your learning period. I think at the time you will expert on the trading and you will success.

I agree with your post, but the problem is that we can't always predict the movements in the exchange rates, especially for the altcoins. The market cap and the free-float supply of these coins are in many cases very small, and this helps the market whales to manipulate the prices with very little effort. And trust me, this is happening right now to many of the altcoins.

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[Mukulislam]

I think you can start by studying all information on how to work in trading and be a good gamer on this job.You have to study cryptocurrencies And understand market place situation.I suggest if that happen is to have a faith on your coin and hold it until you reach your goals.

[yohan09]

To start  trading, Study first how it works, Read and learn in tutorials from youtube and other reliable source of information found in the internet, Much better you have capital and check the site and register exchanges like bittrex or poloniex then choose a type coin which has a potential to soar up by monitoring the trend on coinmarketcap.com.

[fedor3327]

I truly believe that to be able to trade you really need to have a sound knowledge of what cryptocurrency is.

This does not mean understanding the blockchain - but rather researching and accepting that bitcoin and alts is exactly the same as any normal currency like US dollars of Euros. The only difference is the encryption is different. FIAT is encrypted with water marks and special designs.

The only other thing to understand is that Crypto is de-centralized. Therefore cannot be attacked which is the key to its success.

[pratik009]

I suggests you to first take the more knowledge about the trading...that you can get by reading some articles and watching videos on YouTube or any other method...then you have to start trading...there are many sites where you can do trading..you can start trading with only $10...so best of luck..

[black014]

first you need to monitor the price of bitcoin currencey on market, and you should know all of about bitcoin reading some article and strategy. watching of youtube make you brain enhance, giving more detail and more help. but take note being trader is very risky but enjoy. so goodmuch luck I hope you become a successful trader.

[aencarnaci]

Starting to trade is okay. But you'll be need much patience as you will be involving your resources to risk. Make sure research well about the trading you'll be joining in. Start small and educate yourself as well from time to time.

Better advice it is I must say. There should be only one thing on top priority and that must be learning. Before starting trade, like you said, there must be somehow all the basics you must have known. Start with a little amount so that you can bear a loss easily and then learn from it. Keep learning until you are ending with trading, because it makes your work excellent.

[logicgate]

To make monthly income by trading bitcoin and alts you will have to do good research.

The market is quite volatile at the moment so good research is key if you want to make profit.

Personally I focus on reading many articles and attending to bitcoin meetups.

I use some free software that predicts the future markets of several coins. www.cryptoforesight.org

The software doesn't predict the exact movements but still I made $200 profit last week just by following predictions.

So, if you want to be a successfull trader... Do your own research! don't be affected by the hype and fud.

Last but not least, don't quit trading if you fail the first try as you will learn new things every day.

In order to do an effective and efficient crypto coin trading, a person must have a good knowledge of these coins. Once he gets the idea about it, he must then focus on building a patient nature because patience is the actual player in this profession. Other than that, it is very important with times so that one can make predictions and do not sell out during the pump phase until it has reached the top.

[Casdinyard]

Before going to a battle a soldier needed to be equip so he can survive the battle. Just like trading, before we start in trading we should do a proper readings to gain at least some knowledge ao we won't lose huge amount of money.
Losing is part of trading, if we lose some single penny then that's ok. What's important is we learn from our experiences.

[mr_enoc]

Be well educated about trading after that if you find yourself that you can do it on your own, you can start trading by buying bitcoin or altcoins.

[J_Andante]

Well first you would need to decide which exchanges you would want to trade on? Bittrex or binance or bitfinex?
Theres so many, that's why I use both bittrex and binance
Secondly, you would need a news source for all the coins so you would stay updated since the price of the coins depend on the news

[techte7]

you need to understand what is the trading of cryptocurrency, how it work ..
you should learn from many ways like youtube and some sites
i think first you should have a good luck

[jonatuzc]

Be well educated about trading after that if you find yourself that you can do it on your own, you can start trading by buying bitcoin or altcoins.

Yes you are right it is very important to have the high knowledge about the bitcoin trading and the information about the bitcoin trading time, it is the need of the day to get the education and to have much information, if you want to start some business and you want to invest in this then just have the knowledge and the skill but the luck is also very important in the bitcoin.

[Gotomoon]

you need to understand what is the trading of cryptocurrency, how it work ..
you should learn from many ways like youtube and some sites
i think first you should have a good luck

Actually there are many ways to know how to start trading. Yes watching videos in youtube will definitely help you to start trading. This could help you to understand the process, how it will works, and ofcourse reading some information is a plus.

[scott1]

hi everyone,

I want to learn trading of crytocurrency. As a new in trading, I want to learn first. Could anyone can help me how to start and from where I can learn trading.

There are different types of trading out there, and you should try and experiment with different forms over time. Some people do very well trading 'intra-day', some do better swing trading over various days and some are simply better off investing longer-term by doing deep due-diligence on a security and not worrying about the near-term price fluctuations. Some trade purely on technicals, others trade on news or events etc.

Crypto trading is still a relatively new 'thing', but luckily there have been traders in traditional markets (stocks, bonds, commodities, futures, options) that have written extensively about this topic, their successes, their losses, and most importantly, their lessons!

My two main recommendations:
1. Educate yourself (Read, create discussion groups, watch videos, attend seminars, talk to people... did I mention "read" already?)
2. Trade SMALL at the beginning and as you grow your skills you can start allocating more capital.

If you do these two things, you will get better over time. The market will be your best teacher so make sure to learn from your mistakes and keep a trading journal that you review or build a checklist for your trades (i.e. don't trade a coin unless it meets all of the checks). Over time, you will find what works for you. Good luck out there!

[lvincent]

I think you always start something by researching you need to get so much knowledge about what you're trying to do so you have weapon no one wants to enter a war without a weapon aight then ask for some tips and experience of other people that you know. But the most reliable teacher is experience so try it for yourself and try learn from your mistakes when you make one just don't regret from it learn from it. Good Luck

[Tuare aget]

first you need to get knowledge of the past and present of any coin you wants to trade. Keep an eye on the market as well as other coins. Whales will do the rest of the things

What do you whales will do the rest of thing,? Can you explain more clearly? Thank you

[natsu01]

First you have to make sure that you have a sufficient funds to buy bitcoin and if you have already bitcoins you can trade it for altcoins that you want to trade.

[mornabo]

first you need to get knowledge of the past and present of any coin you wants to trade. Keep an eye on the market as well as other coins. Whales will do the rest of the things

What do you whales will do the rest of thing,? Can you explain more clearly? Thank you

because usually whomanipulating the price is the whale, you just need to buy a potential coin and let the whale make a pump (usually manipulate price of an altcoin with a big demand), but you should know that whales will not be able to do much in bitcoin trading because marketcap in bitcoin is huge and difficult to manipulate, you have to be really clever in choosing when the right time to buy and sell

[Ianbadz2000]

Well that is a good thing that you know you need to learn first before you even start trading, some guys try to start creating an account in exchange first before even starting to learn anything. Trading in general sense is all about technical analysis and you must be good in Technical Analysis in order to be a good trader. Most Technical Analysis books are generally associated with stocks because they are the ones who mostly use the price chart that cryptocurrency is also using, you can download ebooks about it online.

Thanks for your ideas posted here i'll take also the risky challenges to participate also in trading.,