Trading for beginners !

[gakadem]

yes I think there is another way to get more profit
buying and holding it I do not think it's a trading strategy but a very different investment strategy
buy as much as possible to hold and sell it even though the benefits are only slightly, I think that's the best way

[godrey123]

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

Doing trading is a little bit tricky and you always need to monitor the value of the coin that you invest in. Buy if the price is low then sell if you think that it is the max price and you already gained enough profit. Holding is a good way also. but you can do both to earn more.

[kilojay]

Trading is extreamly stressful for well seasoned pros so trading for begiiners is like hell on earth.  Im NOT a trader but have befriended a few and what they do is trade daily.  Its literally a job 24hrs a day constanyly looking and researching the market.  Its not for me but if I was to start first thing I would do is RESEARCH spend 4-6hrs daily researching cryptpo not just on this forum but EVERYWHERE follow world news. Also an easy rule of thumb is BIG risk=BIG rewards  Good luck!

[daringdiscovered]

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

Actually there are many strategy that you can follow beside of holding but the basic and easy one is holding. Before trying the other strategy better you learn first to higher level. As i am newbie, i use that strategy only.

The most usual way to trade your tokens profitably is BUY LOW then SELL HIGH, that is what the most Traders do, it is very effective trust me. Holding means patient, because there are times that the tokens that you are holding are going to DUMP, so the alternative for that is holding, it might be boring but it is going to be worth it in the long run.

[budongski25]

research is a must if you go trading,
buy coins that you think have potential grow in the future,
have access on lots of trading sites, learn how to read charts,
sometimes, in trading 1, have lower buy rate but high sell rate, than trading 2, vice versa,
note: if you go trading, you have to track price change hourly, I think traders don't sleep.

[pooya87]

Trading is extreamly stressful for well seasoned pros so trading for begiiners is like hell on earth.  Im NOT a trader but have befriended a few and what they do is trade daily.  Its literally a job 24hrs a day constanyly looking and researching the market.  Its not for me but if I was to start first thing I would do is RESEARCH spend 4-6hrs daily researching cryptpo not just on this forum but EVERYWHERE follow world news. Also an easy rule of thumb is BIG risk=BIG rewards  Good luck!

it is stressful only when you invest a large amount of money so your losses are also big, and that is what professional traders do. they do it so that they can earn big too, in order to make a living. but as a hobby trader people usually invest smaller amounts and they are not making a living from trading and so long as you invest what you can afford to lose you shouldn't worry about much.

[Heyyyrenz]

No, First of all that is not a trading strategy it is a investment strategy where in you're going to buy a coin (No matter what's the price) and you're going to sell it when it's price increases. But if you're wondering what are the trading strategies here are some of the trading strategies:

•   Fundamental Analysis
•   Technical Analysis
•   Trend Trading
•   Range Trading
•   Swing Trading
•   Breakout Trading
•   Momentum Trading
•   Etc.
Here are just some types of trading strategies and if you want to know more about this strategies learn more here in: https://www.fxcm.com/insights/different-types-forex-trading-strategies/
But before this ends before you start trading remember that you're facing a high risk specially where you're not a pro or you're beginner. Invest only what you can afford to lose

[levvv]

No, your way is not quite right.
Buying and holding if you lucky, you can get profit.
But if unlucky, you will loss.
Buy it, and trade it on exchange with another crypto.

[Zastria]

I think buying and holding is a way to invest, as well as altcoin trading which means buying altcoin and investing it in the long run and selling it when the price explodes. From the analysis I get about 6 months of new coin price changes

[Carlsen]

Many books have been written about trading.
If somebody really wants to start as a trader, I would say that one of those books might be a good point to start.
They all have promising titles like 'day traiding for beginners', and are not really expensive.
I think they mostly relate to the stock market, but many of the strategie there can be used with crypto currencies as well.

[bunnylegacy]

very can, if you have more eth capital, with eth capital will make it easier for you to look for coins that you will invest.
treading strategies buy them when cheap and sell them when expensive

[Koalamite]

Hi im a newbie here in bitcoin..can i ask how can i start trading..how much i need to invest.tnx

[zolfa]

I think if you just buy then survive, it is an investment strategy. But trading strategy is more than that. buy, hold, analyze, and of course speed in making decisions. This means that the trading world has a big risk, if you play the fire then you will lose your income. So it's better to learn first before trading.

[hostrm]

good question. I do not have the experience for active trading so I keep tokens in my wallet. but I would be glad if I could actively increase profits.

[Haunebu]

Many books have been written about trading.
If somebody really wants to start as a trader, I would say that one of those books might be a good point to start.
They all have promising titles like 'day traiding for beginners', and are not really expensive.
I think they mostly relate to the stock market, but many of the strategie there can be used with crypto currencies as well.

Reading from books and learning stuff online helps, but the best way to learn how trading really works is through practice over a long period of time which is why experience matters a lot in the crypto trading market just like other markets like stocks, forex etc. Based on my experience, I have observed that HODLING usually is the best way to trade in the crypto currency market.

There is less stress involved and it is possible to earn huge profits in the long run by HODLING for the long term. I advise op to focus on HODLING rather than daytrading and practice trading in the market for experience sake.

[AjithBtc]

Trading for beginners is possible and for the same the user need to make more analysis about the market. Apart from that based on the capital funding users will get profited. Beginners should not intend to invest big amount at the beginning. Need to start with small amount and need to increase the capital gradually.

[crustycrab666]

yes I think there is another way to get more profit
buying and holding it I do not think it's a trading strategy but a very different investment strategy
buy as much as possible to hold and sell it even though the benefits are only slightly, I think that's the best way

market analysis is also much needed, to determine the right time to buy, hold, and sell. It is very effective to increase profit. If miscalculated then it could be a loss, be careful. Stay calm and do not panic.

[saycryptohello]

Good rules for beginners:
1. There are more than thousand crypto-currencies on the market and in the year 365 days. Earn always succeed. Take a pause if you do not know what to do.
2. Do not work with borrowed money.
3. The price is not high to start buy, as it is not low to start sale.
4. Nobody told you that you have to trade every day. Do not enter the market ever, from the fact that you simply have nothing to do. Learn to wait.
5. The biggest enemy is nerves. Control emotions. Discipline and patience!
6. Before you enter the market decide how much you are willing to lose. If you do not decide, do not enter, you will definitely lose everything.
7. If you have less than 15% of free funds on your account, then you are already deceived and placed on the asset. Keep in mind that!

[InBTC4years]

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

Paper trade. But take it seriously. Write down trades you would like to do for a week. Then start over the next week. Then start over the next week.

if you didn't make any money, or you only made USD and no BTC, you are not ready for real trading. But for now, yes, buy and hold.

[Mantisa83]

If you are a Hodler you are arrogant and think you are smarter than everyone else. When people all of a sudden make money out of thin air, they get arrogant and start to believe they were the son of Nostradamus.. For any trader to be profitable, you better stay humble because the market will surely humble you. We know that markets can be irrational and can stay irrational longer than you can stay solvent.