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Author Topic: trading guide for newbie  (Read 1974 times)
X7
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November 10, 2017, 02:50:45 AM
 #41

i am new to cryptocurrencies trading is new for me. how can trade ?

I would suggest you don't trade. just hold

For what shall it profit a man, if he shall gain the world, and lose his own soul?
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November 10, 2017, 03:06:06 AM
 #42

1st anf foremost, you have to know how to trade. There's a plenty of websites where they can guide you how to trade in cryptocurrency and good example is youtube. Next is you buy some bitcoin and also there are many sites where you can buy bitcoins and then after you bought some bitcoins yo have to register in a trading sites(Bittres,Poloniex,c-cec). And then transfer your bitcoin there and now yo can start trading.
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November 10, 2017, 03:14:56 AM
 #43

i am new to cryptocurrencies trading is new for me. how can trade ?

First you need to have some background first in trading. I can recommend babypips because in here you will learn trading step by step because it is like a school where you are in a certain grade and then graduating after you are finished with the level. It is focus in forex trading but in can be applied to cryptocurreny trading as well. You will learn fundamental, technical analysis and market psychology.

After graduating, you may proceed to actual trading. Choose an exchange and trade whatever coin you like may it be against BTC/USD or Altcoin/BTC. I recommend Bittrex because there are plenty of coins to choose from. Only trade what you can afford to lose and never let your emotions do the trade for you but it is easier said than done. Nevertheless, if you lose, just learn from it and move on. It is in losing that you will truly learn how to become a consistent profitable trader.


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November 10, 2017, 02:18:12 PM
 #44

i am new to cryptocurrencies trading is new for me. how can trade ?

First you need to have some background first in trading. I can recommend babypips because in here you will learn trading step by step because it is like a school where you are in a certain grade and then graduating after you are finished with the level. It is focus in forex trading but in can be applied to cryptocurreny trading as well. You will learn fundamental, technical analysis and market psychology.

After graduating, you may proceed to actual trading. Choose an exchange and trade whatever coin you like may it be against BTC/USD or Altcoin/BTC. I recommend Bittrex because there are plenty of coins to choose from. Only trade what you can afford to lose and never let your emotions do the trade for you but it is easier said than done. Nevertheless, if you lose, just learn from it and move on. It is in losing that you will truly learn how to become a consistent profitable trader.


Your explanation is really good . But still here i would like to give suggestion in another simple way that I used .
First of all make trade with the bitcoin with your friends and another social friends for direct local fiat Wallet ( like payeer or anything another Wallet that is in your country giving service ) , do this thing for 2-3 months , in this interval of time you will find that the pump and dump in the market how made you to face and that profit and loss will make you to learn that how to turn loss into profit and how much you needed to have patience to handle the money according to market to make money . After this start make trading at small exchange for altcoins ( coin another than bitcoin ) at yobit.net ( suggestion to have exchange this one , after getting success , do trading at another exchange also ).
In this way you will get success step by Step easily , but be careful to the news and rumours in the cryptocurrency market because they can effect the Market much .
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November 10, 2017, 03:43:25 PM
 #45

With BTC you just invest if you have big budget and you have to wait for long time. Do not trade Bitcoin in short-term. With altcoin, set a fixed profit between buying.
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November 10, 2017, 04:07:23 PM
 #46

Am a new in cryptocurrency so how can trade, what are the rules in trading
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November 10, 2017, 04:12:46 PM
 #47

i am new to cryptocurrencies trading is new for me. how can trade ?

I suggest you to read first about trading cryptocurrency to have background into it. Basically you need a wallet for storing your coins. Choose an exchange for trading like bittrex or poloniex and deposit your coins, choose trusted exchange! There are two types of trading long term and short term trading. Long term is HODL for a long time and wait for that coin to get profit. Short term is you need timing to get profit "buy low, sell at high"

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November 10, 2017, 04:22:14 PM
 #48

i am new to cryptocurrencies trading is new for me. how can trade ?
Welcome to trade. Trade is not too difficult but it is not easy, it is important that you learn and draw experience for yourself. I find that there are no specific directions in the trade, every trader will learn the techniques themselves and draw experience to improve. I will give you some advice. First you have to have a bit of trade knowledge, learn a bit about basic techniques. You need to have a little capital to sustain because the first trade you are likely to lose is very high. As for exchanges, I nominate bittrex and poloniex, these are the great and best exchanges in my opinion. And keep practicing, don't be afraid to fail Cheesy
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November 12, 2017, 07:54:26 AM
 #49

First welcome to crypto trade .
Try to know more about trading first . Youtube and Google are the best friend for you . You will know everything that you wanted to know about bitcoin in google . And if you can find a expert trader then you can learn trading very fast
 
Trader is like a practical term and it have such impact too. You can’t be just get into this world and then start making money. No, firstly you can’t earn money if you don’t know better about trading. Read and read and read about it. Focus on what are ifs and buts of it.

How to do, when to do, where to do, what to do and all such FAQs must be answered to you before taking a proper start.
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November 12, 2017, 08:24:36 AM
 #50

A simple advise, First, it is imporatant to know that in trading requires full attention and must be a hundred percent focus, Secondly trading is not for everyone, There so many tips but it is difficult to apply, Start a trade only when you know why you're starting and have a clear strategy afterwards. Not all traders makes gain from trading, everyone benefits and everyone looses, For each trade we must set a clear target level for taking profit more importantly, a stop loss level for cutting losses. A stop loss is setting the level of loss where the trade will get closed.Traders with no pressure, Don't start trading unless you have optimal conditions to make the decision to start a trade and know when and how to get out of it,Pressures almost always creates losing trades, Wait for the next opportunity, you will get there..
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November 12, 2017, 08:34:53 AM
 #51

A simple advise, First, it is imporatant to know that in trading requires full attention and must be a hundred percent focus, Secondly trading is not for everyone, There so many tips but it is difficult to apply, Start a trade only when you know why you're starting and have a clear strategy afterwards. Not all traders makes gain from trading, everyone benefits and everyone looses, For each trade we must set a clear target level for taking profit more importantly, a stop loss level for cutting losses. A stop loss is setting the level of loss where the trade will get closed.Traders with no pressure, Don't start trading unless you have optimal conditions to make the decision to start a trade and know when and how to get out of it,Pressures almost always creates losing trades, Wait for the next opportunity, you will get there..
We all know that successful person did not succeed by trying once, twice or thrice of course they tried many times and if you think that trading will lead you to success then go on, have the guts to carry your self it is about how willing you are to change your life by doing trading, if you are mentally, physicall and emotionally ready then push for your dreams.
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November 12, 2017, 09:27:55 AM
 #52

i am new to cryptocurrencies trading is new for me. how can trade ?

I would suggest you don't trade. just hold
Wow! But if he need money daily. How can he hold coin?

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November 12, 2017, 01:10:39 PM
 #53

Before starting trading, just learn knowledge first include :
1. Strategy
2. Money management
Thats just 2 main knowledge, next step knowledge you can learn during doing trading. Experience is best teacher.
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November 12, 2017, 01:22:44 PM
 #54

First of all, you need to learn some basic rule of trading. There are a lot of things to learn such as CHART movement, and indicator. Actually, no one can always win in trading. You have to prepare your self to experienced big loss. So, please read some basic of trading and indicator like RSI, MACD, or Moving Average. These indicator will help you a lot to make some profit while trading. Maybe you can read some detail guide of trading on this link: https://bitcointalk.org/index.php?topic=2223191.0;topicseen
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November 12, 2017, 01:24:55 PM
 #55

i am new to cryptocurrencies trading is new for me. how can trade ?
I think the those trading expert will be the one who guide you effectively towards your success in trading.  The best teacher is the experience so don't be afraid to try trading because this will give a lot benefit when you learned it effectively. And of course you must also search about trading and watch to the YouTube on how to trade

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November 12, 2017, 01:31:43 PM
 #56

i am new to cryptocurrencies trading is new for me. how can trade ?

I think we can know how to trade with video on youtube, jam it we can also find out how to trade on google site.
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November 12, 2017, 02:00:44 PM
 #57

i am new to cryptocurrencies trading is new for me. how can trade ?

there are many ways to learn how to trade just search in google to get more knowledge and strategy most important you have a good skills in trading to avoid risk of your money, i suggest do not put your money in the risk if have not yet study how to make profits in trading, also have many thread here about how to become successful traders.

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November 12, 2017, 04:21:51 PM
 #58

look for articles on altcoin trading on an exchange,
or you can see it here: https://www.youtube.com/watch?v=9ajmCPwR0k0
learn and practice is, maybe you will experience failure but know failure will bring you into success.
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November 12, 2017, 05:17:21 PM
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look for articles on altcoin trading on an exchange,
or you can see it here: https://www.youtube.com/watch?v=9ajmCPwR0k0
learn and practice is, maybe you will experience failure but know failure will bring you into success.
Its always have some mistakes and loses while you are just starting into trading since you are just new into it better gain more knowledge first before you invest a lots, as you go further you will encounter more knowledge in each time you visit any site that can help you to understand crypto trading.
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November 13, 2017, 01:01:05 PM
 #60

I am new in the world of trading the first step what should I do to start it ..
It is really a good thing that you are stepping into the world of trade. The thing is trading is not that much easy thing to do as most of us think of it. Being newbie, the first thing which you need to do is to learn the very basics of the trading. Try to get as much knowledge as you can. After that, keeping on learning from your experience as you get to learn the things with the passage of time.
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