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Author Topic: how to start trading?  (Read 7292 times)
fasdorcas
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October 04, 2017, 07:07:05 AM
 #241

Whatever you do don't try to learn trading or do something to mug up. There is no guide in this world which can teach you trading it can show you different signals , different price movements and different types of charts but in end it comes from you you need to spend time to check charts to check upcomming events , updates. This might sound a lot but it doesn't take time if you have the interest you will surely learn it easily.
You yourself need to work hard in order to understand and learn trading. I do agree with you in this regard that no matter how many books you are reading, how many YouTube famous videos you are watching, they all are useless until and unless you don’t devise your own plans and practice trading on your own. Without experience, you can’t get to understand these videos, articles etc.
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October 04, 2017, 10:47:34 AM
 #242

Whatever you do don't try to learn trading or do something to mug up. There is no guide in this world which can teach you trading it can show you different signals , different price movements and different types of charts but in end it comes from you you need to spend time to check charts to check upcomming events , updates. This might sound a lot but it doesn't take time if you have the interest you will surely learn it easily.
You yourself need to work hard in order to understand and learn trading. I do agree with you in this regard that no matter how many books you are reading, how many YouTube famous videos you are watching, they all are useless until and unless you don’t devise your own plans and practice trading on your own. Without experience, you can’t get to understand these videos, articles etc.
I agree that actual trading is the best way of learning but capitalizing on useful guide or popular videos isn't too bad either. Because jumping in without any knowledge isn't really the smartest thing to do and you will most likely lose more than you gain.
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October 04, 2017, 11:33:42 AM
 #243

Firts of all you learned how to analys graph, and learned dumping and pumping, and buy low sell high for basic procedure, and research about the coin when you buy.
Yes, these are the very useful tips for the newbie i think the most important thing before doing all of this is to choose the right thing for doing trade. You need to choose that option which can help you earn a good amount of profit. After that learn well about that and keep on increasing your knowledge and skill set by doing things practically.


I utterly agree with you about the practical nature of trading. There is no doubt in this fact that you can’t be expert in trading just by mere reading. Trading demands practice and for that you need to do trading in real with small amounts to test your trading strategies and their success ratio.
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October 04, 2017, 12:06:15 PM
 #244

I just read and see everything I see. Even the bad information. Just find your way and filter the information. A lot of information is shit, a lot. People say they know but a lot of them don't. Just like the stock market. You have to try to find successful people and absorb the good information. If I were you I wouldn't day trade cryptos.
1 - A lot of volatility;
2 - you will miss a lot of opportunities
This is not it to start a good trading work. I think without practicing you can never be a good trader. If you want to trade just study something and on the very next day implement it on a very low level like trading in ordinary money, then when you see that you can move up then increase the trading and in this way move to bitcoin.
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October 04, 2017, 12:10:26 PM
 #245

I have said it many times but would like to answer it again as newbies evolve daily in trading world.I suggest you to start with low like 50,100 or you can even start with as low as 10$. Gain some good knowledge till you understand it well.Buy low sell high.

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October 04, 2017, 12:50:34 PM
 #246

I have said it many times but would like to answer it again as newbies evolve daily in trading world.I suggest you to start with low like 50,100 or you can even start with as low as 10$. Gain some good knowledge till you understand it well.Buy low sell high.

That's right. It's the same way I started out on my trading journey. I first went in low. Learnt the trade & then invest more money into it. I started out with coins that has extremely low price say 2-10 sats per coin.

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October 05, 2017, 07:23:06 AM
 #247

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.
First of all, if you want to start trading you have to sign up some website like coinbase for btc wallet that is used to for btc transaction, my ether wallet for ether transactions and some exchanger where to buy your selected coin and starting trade if you are able. some popular exchanger are poloniex, bittrex, c-cex, coinexchange.io, hitbtc etc.
I really like the bittrex exchange, in its functional interface. The truth is one flaw, this is the absence of some tokens in the trade. I do not know why, but apparently not all tokens are added to this exchange. I also use etherdelta, but apparently there are some problems and do not even allow me to go to the site.
These things are important that what exchanges you would be using and all this but I think if the question is about how to start trading then the answer should be some advice related to the start. You must learn how to trade, simply.

Go through this forum or search online and google things, plus read books, gets some techniques and practice wisely.
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October 05, 2017, 07:46:36 AM
 #248

It is better to study TA, chart Technical Analysis.
Read news about coin,
Stay tunes.
Buy and sell,..... easy.

But high risk. It is fun.
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October 05, 2017, 07:48:00 AM
 #249

Put some money aside to practice trading and  you can be risky and lose your money. But that is a good thing when you can get experience for yourself or  do you look to those who go ahead and learn from them.
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October 05, 2017, 07:57:34 AM
 #250

I believe in my own thought. You have to continue learning trading and researching. Sometimes I take advice from my seniors who are the successful trader. For start trading, you need much capital. Because trading is an investment. Then you can start trading. And always you have to follow others opinion and lots of resources about trading.
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October 06, 2017, 01:35:26 AM
 #251

Go to the exchange and sign in, assuming that you have your Bitcoins deposited, try this. It is higher risk, but gives you a smaller list to look at. Every exchange has a running list of coins and their price changes on the front page. Red numbers are dropping prices, green are rising. Grab a handful of those that are dropping, not buy them, note them on paper. Some, the price drop will end in crap, some it is a temporary thing.

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October 06, 2017, 05:39:41 AM
 #252

So the simple question is if I start trading now. I'll put in about $ 1000, what kind of money can I make in a day? In Week? Per month?
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October 06, 2017, 06:03:09 AM
 #253

Before trading,  a huge amounts of knowledge about difference currency is needed.  If one cannot have any idea of currency he/she can not trading.  The rate of currency and exchangers is very important for trading.
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October 06, 2017, 09:30:44 AM
 #254

Starting to trade is exciting yet it will take you to risk a lot as well. Make sure to see the market and have good sight on it. Keep on believing that you'll gain more coins and look at it in long term.

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October 06, 2017, 02:08:40 PM
 #255

The first time I traded was after getting the coins from the campaign. Before, I always do trial and error but still not get a good understanding and just do the buying and selling without analysis.

From some token bounty, I get an understanding of every development in their business, and finally figure out the fundamental outline of most of the good coins on the coinmarketcap list.

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October 06, 2017, 02:29:58 PM
 #256

If you can catch one of these when it begins to rise again, then you are likely buying at a base low price. It might fall again, watch carefully. You can ignore the dropping coins and simply compile a list of cheap coins, but that is a big list. You want to hit this deep low price and stagger sell as it rises.
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October 07, 2017, 11:39:39 PM
 #257

Before trading,  a huge amounts of knowledge about difference currency is needed.  If one cannot have any idea of currency he/she can not trading.  The rate of currency and exchangers is very important for trading.
Having a good amount of knowledge about the things related to different coins present in the world of crypto currency is very much necessary before even thinking of trading. I’ll suggest to go with small amount of investment in the beginning and learn the things well. After enough learning and experience, add more amount of money in your previous investment.
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October 08, 2017, 01:54:44 AM
 #258

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.
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October 08, 2017, 02:07:35 AM
 #259

Before trading,  a huge amounts of knowledge about difference currency is needed.  If one cannot have any idea of currency he/she can not trading.  The rate of currency and exchangers is very important for trading.
Having a good amount of knowledge about the things related to different coins present in the world of crypto currency is very much necessary before even thinking of trading. I’ll suggest to go with small amount of investment in the beginning and learn the things well. After enough learning and experience, add more amount of money in your previous investment.

i give suggestion that is base on my experience. in the past, i am a new person in trading. i register on many exchanges without knowing how to trade. i remember in 2 years ago, my first time trade was in poloniex. i don't have basic trade at all, i don't know how to trade with picking some coins. all i know, trade is to buy and then to sell. i bought bcn, mint, doge, dsh. i don't know what next and i only watching the market moves. then few days later, i see dsh was increase and without thinking too much, i sell by instant and yes i made a profit.

in that time, i made profit 0.001 btc and i was happy and i was thinking aha i was trade for first time and i can made profit. and then i began to search the info about many coins and still doing trade but i feel slowly i can trying to analyze each coins although until now i am often missed but i am fine. so if we want, we can try more and more without thinking how much we are profit or loss. in the right time, we can realize and know the amount. the important is we want to learn for everything related with trading.

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October 08, 2017, 02:09:49 AM
 #260

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.

What are talking about is not trading Smiley Trading requires serious effort in terms of proven strategy,money management rules etc. Avoid day trading and trigger long term profits without falling day trading trap.


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