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Author Topic: how to start trading?  (Read 7292 times)
24core
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September 16, 2017, 05:51:32 PM
 #21

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.

I would highly suggest buying some books and reading about cryptocurreency. You can try this book (The Age of Cryptocurrency) https://www.barnesandnoble.com/w/the-age-of-cryptocurrency-paul-vigna/1122087316?ean=9781250081551#/


First step is to learn exactly what bitcoin is and how it was designed. From there you can learn how to mine cryptocurrency and more advanced cryptocurrency trading.

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September 16, 2017, 06:16:00 PM
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First, learn how to handle cryptos. get used to making transactions between addresses; exporting and importing private keys, some of the things that make dealing with a crypto unique. beef up the security on your rig, and the general way you handle sensitive information. You are buying secrets, remember this.

Secondly, learn how to trade. there are a million books and websites about the subject, and just as many trading platforms that will let you practice with fake balances to see how you fare. take the time to learn technical analysis, despite how much of a pain in the ass it it. yes, it is a huge pain.

try with a small bit of crypto. find a reputable exchange, register fully, and make some of your preferred type of trade. see how you fare. if you do poorly, you arent a failure; you just learned how to trade traditional markets, and crypto is far from that. adjust to the pace of these markets, and try again. you may never get it. but if you try, like this, most likely you will, in time.

never invest more than you can afford to lose. cardinal rule, which i cant follow myself  Undecided

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September 16, 2017, 06:41:25 PM
 #23

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.

For first I will suggest you to do trading with small amount of money for the sake of learning. Trading in Crypto/fiat ( your local currency ), BTC/USD for example. Try to increase your fiat first. Buy bitcoin when it's down and sell it after you got 10% profit ( you can tweak it ). After some period of time, look at your portfolio whether you can increase your fiat or not. If yes, then you have a trading talent otherwise, keep trying till you got comfortable enough to start the real trading.

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September 16, 2017, 06:45:52 PM
 #24

First thing to do is register at bitcoin.com, then if you have registered please do verification of account data first. This is very important, you know why? If you have not verified your account data you can not make a sale / buy bitcoin transaction and withdraw BTC / dollar. Cool
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September 16, 2017, 10:02:27 PM
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First thing to do is register at bitcoin.com, then if you have registered please do verification of account data first. This is very important, you know why? If you have not verified your account data you can not make a sale / buy bitcoin transaction and withdraw BTC / dollar. Cool
This is the main thing to do first, but to increase your chance to win in trading we should learn about other altcoins first, because if we start trading without any knowledge, almost we can start by lossing our money. So i advise peoples to build some knowledge about this domain and then they can start trade without any problems, and with loss, you learn and get the experience.

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September 16, 2017, 10:52:14 PM
 #26

IF you want to start trading, first open an account at an exchange site like Bittrex and you will be able to deposit money there. Once you deposit money, then you can start trading instantly. But for withdrawls you will need to provide your ID, of course.
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September 16, 2017, 11:17:00 PM
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All you need to have is a little bit of Bitcoin. If you dare to sacrifice some percent of your money, then invest in the world of digital currency. Once you have bitcoin in exchange account you can start trading. Look for important information you need to know such as the total existing supply of coins, details of technical issues, development plans, vision and mission, community speculation, etc. Furthermore traders will refer to fundamental and technical analysis.

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September 16, 2017, 11:55:25 PM
 #28

Before risking any real money it is better to start with a demo account trading to understand how the market works and have an idea what your risk/reward would be. Some cryptocurrency exchange offer demo account option. So go create an account and practice some virtual trading to have some experience, just don't be happy if you made profits in 5 or 10 trades, in order for your strategies to be reliable execute at least 100 virtual trades, afterwards if you see you are doing well go ahead and apply for real account.
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September 17, 2017, 12:11:17 AM
 #29

I wonder, you are full member here and now asking how to trade...drives to some kind of questionnaire)))


Maybe a bought account? I'm not sure Cheesy

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.


But I want to share something in trading, this is not easy as what you think. Trading involves high risk with high profit if you manage your coins well. You must need to analyze the market flow of coins you want to buy and more study as well. You can use google for the start-up tutorial. Good luck men.

Ahhh.. ok
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September 17, 2017, 12:45:08 AM
 #30

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.

I takes a lot of time studying and effort to learn it, its easy to trade its just buy and sell of the coins you want but the real question is when to buy low or when to sell high ? you have to make a plan when you do a trading. Start from learning how it works and learn the technical analysis, read books, watch online and then do the trading now. Knowledge is the best source of all.
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September 17, 2017, 01:10:40 AM
 #31

you can start trading by searching for some information in articles or youtube, but it seems like learning on someone will make it easier for you to learn and interact. and try to keep monitoring market activity so you can know the market movement.
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September 17, 2017, 02:10:44 AM
 #32

First and foremost trading has high risk to engage with and you must know that all the time in trading. Well, I can share to you how I started in trading and the very basic of it is that first watch some videos regarding trading cryptocurrencies, and read also some reviews and articles of successful traders in the crypto world and that would be the effective one to know first. If you understand how it was then it will be easy ffor you how it will be done. That's the only tip I can give you but it will be as effective as it is as long as you are curious how to know trading then the other knowledge may come soon.
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September 17, 2017, 02:23:06 AM
 #33

If you don't have any idea about trading then try to learn the basics first and always remember to buy low and sell it for a higher price so you can earn some profit. If you know something about trading then create an account on an exchange and deposit your bitcoin and look for a coin that has a good potential, you can determine its potential if you will research about it and buy it and wait for the price to go up and then sell.
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September 17, 2017, 02:29:38 AM
 #34

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.
How im still a newbie here but for now i dont know how to trade but i hope someday i will know all about trading like others  i want to learn trading to so im just reading always in forum to have a knowledge about trading  . Smiley

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September 17, 2017, 02:43:45 AM
 #35

You can not make a profit from just reading some business guides, invest some money to play with charts and try to learn from your mistakes. You can start earning profits from trading, investing more and trying to get more skills and techniques with time.
 Second, you have to have capital, large capital will be a huge profit but this is not true sometimes because it really depends on the skill of the trader.
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September 17, 2017, 03:27:30 AM
 #36

I started with watching the markets (BTC and altcoins).  I purchased a few hundred dollars to play with and learn in the market.  I have some books on technical analysis I'm reading.  My initial education came from just looking around on the internet and YouTube.  Chris Dunn (chrisdunntv) has some good intro videos on crypto-trading and he also has some blogs on TradingView, which I like to use to watch the market.

I was eager and learn by doing, but if I had to start again I would do some trading on paper first before actually putting money in the market.  That being said, I haven't really lost any significant amount (yet) and I've learned a LOT in the past few weeks.
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September 17, 2017, 03:27:58 AM
 #37

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.
If you want to do trading need some money to invest. Buy some good altcoins.but before buying any coins make some research.Don't jump a coin when it's already pump very high.You can read some cryptocurrency trading blogs posts.Also, you should read this forum (Trading thread ) to learn trading.  you can search in google also watch some video tutorials on youtube

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September 17, 2017, 03:56:46 AM
 #38

IF you want to start trading, first open an account at an exchange site like Bittrex and you will be able to deposit money there. Once you deposit money, then you can start trading instantly. But for withdrawls you will need to provide your ID, of course.

For smaller amount withdrawals they don't ask ID proofs at least in the begging but once your trading amount increases then they will request for the ID proofs. If I'm not wrong most of the exchanges will ask for ID proofs to provide a facility for higher amount withdrawals.
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September 17, 2017, 05:38:21 AM
 #39

if you want to try trading, you need some capital, it use for start trading to buy some coin, after that you need a exchanger account like bittrex , poloniex, or something else, after that you can start trading. what type of coin that you need to buy, i think you can read the forum about that coin, you can read about event from that coin, or something changer from that coin that make coin price is increase, and beware about issues from internet, it can make some coin price decrease

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September 17, 2017, 06:27:30 AM
 #40

you need some btc for trading then you can start trade. you start regularly trade first you buy a coin that price per up and down. you sell her chart today low rate and market cap then buy low rate and order for sell today high rate and wait some time and follow market. after 1 month you can guessed something market. all time you follow blog article that write about alt coin and follower all exchanger other coin price.
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