Trading for beginners !

[BitNotByte]

buy when it gets low and sell when it's high. do it also with other cryptocurrencies and dont just focus on one currency.

[JimmieA]

Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??

Exactly, that's the most basic way that a new trader can do to get used to investing in crypto and can make a profit. When you are used to trading, you can buy at multiple prices to get more profit or loss and sometimes you can know when the price stops.

[Ayaancool]

Buying and holding is the best way to make profit also follow with speculation and while investing buy from low like previous bitcoin price rise almost all altcoins lost its value now recovering its value . Most of the coin gained more than 1000% value so its better to buy and hold is the best strategy as far my experience.

[Road445]

Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??

If you have enough patience, you can get some profit through forum's bounty task and airdrop, which is also a way.

[hakuna]

You could split your balance in 2 parts:
- one for buy & holding
- the second one for short-term trading

If you want to buy and hold, you could take a look at new project which have been recently launched, check their market cap and see if they have the potential to grow. They provide highest rewards, with respect to top-10 coins (e.g., ETH, BTC, etc.), but they have a higher risk.

[mapar]

Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??

Arbitrage is not a bad choice too.

Bu trading needs so much practice and a trained and strong brain. It can easily become gambling if you are not carefull enough.

[sykoshin]

i can give advice start to trading on low cost coins for training

Can you give me some? Im in search of ideas in btc and trading it im learning it

[Asmonist]

Basically we are thought to buy at low price and sell at higher price. Most likely we do this in trading. However, there are some like me who waits for the right price to buy or sell. So eventually I hold it for days or months. I'm still considering myself as a beginner. I've been in trading for almost six months now. Beginners should have patience of when to buy or sell. Otherwise, you'll get overwhelmed and you may loose everything.

[btcprospecter]

Finding the right coin at a low price with the intention of holding for a while is my approach. Then sell when I am happy with the profits. Like any investment I only invest what I can afford to lose.

[jakirtanvir]

Not the only one but its the safest. You may sell it at a higher price and rebuy it at a low price but this game is a bit risky and you may lose your investment with it. To be safe, buy and hold is the best way.

I am 100% agree with you, just buy and sell could fall you in lose but buying and holding is very good way.

[kurian]

safest thing is to buy and hold.. There are other methods like shorting , margin trading and lending...

[talkbitcoin]

Arbitrage is not a bad choice too.

arbitrage trading is not such a good strategy in general if you ask me. but it definitely is a terrible thing for a beginner to even try to do it. because it is very easy to mis-calculate things and lost a lot of money.

and there is a more fierce competition when it comes to Arbitrage, a lot of others are doing it who are more experienced and better equipped than a newbie.

[Hexah]

Well, for good and wise decision to make you some good profit, yes it is. Not that it will give you a safe way but holding will you realise that you don't have to worry for what have you invest. Don't be carried away when the coin you have hold get downward because that really is the logic of market. Bearish will make you emotional but don't sell it right away it will test your patience. Always buy low and sell high.

[cryptoking345]

Buying and holding coins.......is that the only strategy that the new traders can follow to make profit ??

make your mental to be strong is most important thing for trading so you not let yourself to get panic when the coins is pumped or dumped. after that loss management strategy is important thing that we must have

New trader should always learn how to develop that emotional management not just with trading but also for those who earned bounty coins. Because it seems that all who will be dealing with trading sites, have to always maintain that consistency of emotions so that they will prevent themselves to have panic decisions. Making profit should always start within ourselves and having patience can help you become stronger and a good trader.

Great advice! not all would suggest that..........I think patience is a skill and the ability to make right trading decision comes from experience.

[pinoyden]

Trading coins and holding coins are 2 different investment strategies. You are trading because you want to gain profit for a short time but its risky and we know that. Buy and Hold is for the long term and it has little to no risk at all. It only depends on the coin you will hold for the long term.

Trading coins and holding coins are 2 different investment strategies.

trading and holding are not the same. trading is when you trade your coins actively while holding is an act of holding your coins passively. holding is also called investing.

You are trading because you want to gain profit for a short time but its risky and we know that.

trading does not give you a profit instantly or in a shorter time because trading is not a short term task rather it is long term due to the fact that majority of altcoins and tokens are slow in terms of gains. although there were some exeption because some coins can pump or increase unexpectedly without a proper notice and warning.

Buy and Hold is for the long term and it has little to no risk at all.

buying and holding (a.k.a investing ) is not only for longer term, yet it can also be suitable in short term like for example in bitcoin. bitcoins value tends to increase and pump in just a matter of short time but sometimes it can also become stagnant and can go in a  long run. overall investing and trading had still both risk as long as theres a value involved.

[Lookjoz]

Do you want to make money quickly? Do you think that bitcoin is the future and holding it in the long run is the best option? By understanding the time period of your investment, you can find out which trading strategy is more suitable for your needs. If you're someone who thinks bitcoin could be worth millions of dollars someday, then you'll probably stick with long-term trading strategies. If you only intend to profit from the bitcoin price movement, it is perfect if you use short-term trading strategies.

[aizadelacruz99]

Hold there coins,until it increasing and thats the time to sell in market.

[iamMhew]

Buy low sell high, thats the very basic strategy, holding coins is for investment strategy not for traders, but sometime theres a moment that traders are totally hodl until they reach the goals they want but not for too long, i mean its in between 1-2 days only if you are a traders that wants to earn profits in a very short period of time.

[allthingsluxury]

At this time, the best strategy has been to simply buy and hold. We shall see how 2018 treats you however, it has become more and more unstable.

[yoseph]

Not the only one but its the safest. You may sell it at a higher price and rebuy it at a low price but this game is a bit risky and you may lose your investment with it. To be safe, buy and hold is the best way.

Never been a fan of trading at all, I once had a trial account where i used to sell currencies and i saw that it was a time consuming affair and even with that trading is halted during the weekends but with crypto trading its 24/7 and that even increases the risk of losing your money.