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Author Topic: How we can start crypto currency trading  (Read 705 times)
Saaduh.khan
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January 10, 2018, 06:17:37 PM
 #1

Can anyone guide me how i can start crypto currency trading 
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January 10, 2018, 06:18:55 PM
 #2

Can anyone guide me how i can start crypto currency trading  

Oh, man, it's really easy!  Here are the steps...

(1) Open an account (wallet) on a crypto currency exchange
(2) Get your identity verified for the account (wallet) on said exchange
(3) Transfer fiat money to your account, you can do this by buying Bitcoin or another crypto currency
(4) Decide which two currencies you want to trade between. Generally speaking, you'll have the currency you want to speculate in (E.g., Ripple) and the currency that will be your base currency (E.g., Bitcoin, USD, Litecoin, Euro). You're trying to make money of the swings of Ripple, when you make a trade you need to either move buy Ripple with your base currency or sell Ripple for your base currency
(5) Watch the market for your speculation currency (Ripple in this example)
(6) Begin your trading as you see the opportunity in the market present itself

Focusing on a single crypto currency to speculate on will help you become an expert in the movements and news related to that currency. It's best to get into the habit of reading news on the speculation currency regularly, multiple times a day. You should be able to have an educated guess as to why the currency is running up or down based on your knowledge of the market happenings for that currency.

Questions?

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January 10, 2018, 06:25:16 PM
 #3

Can anyone guide me how i can start crypto currency trading 

Sign up with an exchange. Fund your account. Watch the price of whatever coin you want.  When you think it’s low. Buy in. When it goes up sell. When it goes down buy. Repeat. Nobody can really tell you how to trade. You have to just start and form your own strategy. What works for one person doesn’t work for another. You have to figure out what works best for you. It takes time. Start small so you don’t have big losses.
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January 10, 2018, 06:59:15 PM
 #4

Can anyone guide me how i can start crypto currency trading 
First of all start with small amount of money about 2% of your saving then go and register in any popular trading platform found in coinmarketcap then start to use only short term method buy low and sell high in one day\hours with 1-10% of profit only use top volume coins . try to read everyday in bitcointalk that will lead to learn from experience .

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January 10, 2018, 09:10:54 PM
 #5

Thanks  for replying 😊
Can anyone guide me how i can start crypto currency trading  

Oh, man, it's really easy!  Here are the steps...

(1) Open an account (wallet) on a crypto currency exchange
(2) Get your identity verified for the account (wallet) on said exchange
(3) Transfer fiat money to your account, you can do this by buying Bitcoin or another crypto currency
(4) Decide which two currencies you want to trade between. Generally speaking, you'll have the currency you want to speculate in (E.g., Ripple) and the currency that will be your base currency (E.g., Bitcoin, USD, Litecoin, Euro). You're trying to make money of the swings of Ripple, when you make a trade you need to either move buy Ripple with your base currency or sell Ripple for your base currency
(5) Watch the market for your speculation currency (Ripple in this example)
(6) Begin your trading as you see the opportunity in the market present itself

Focusing on a single crypto currency to speculate on will help you become an expert in the movements and news related to that currency. It's best to get into the habit of reading news on the speculation currency regularly, multiple times a day. You should be able to have an educated guess as to why the currency is running up or down based on your knowledge of the market happenings for that currency.

Questions?
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January 10, 2018, 09:18:19 PM
 #6

first you must have a wallet first, it is up to what wallet you will use
the second you just go into the market where the bitcoin exchange, and choose one of the coins that you think has a potential price will be expensive later on, but you do not choose originally understand first and you see how the development of the coin then you decide to buy the coin or another coin
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January 10, 2018, 09:20:41 PM
 #7

Thank you everyone for the replying
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January 10, 2018, 09:33:51 PM
 #8

Can anyone guide me how i can start crypto currency trading 
First need to create an account any trusted exchanger like as bittrax and deposit some btc.Than you research some altcoin and buy low and than sell high i am just tell you basic trading .But you need to study more about trading

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January 10, 2018, 10:16:28 PM
 #9

1. Invest no more than 3% of your budget. Thanks to this, you can afford to lose this capital several times in a row, which is likely when you choose options incorrectly. When you invest 30% three times in a row and lose it, in the next transactions you will have to earn 1000% profit to go out on your own.

2. Play only money that you can lose. If you set aside a given amount for only playing on the stock market, you put aside the excitement and you can trade in peace.

3. Try to minimize losses. It sounds banal, but it is very difficult. Close the position with small losses before the losses are not significant. It is very difficult to admit to yourself that you were wrong.




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January 10, 2018, 10:34:34 PM
 #10

Since basic things have mention above post, the only thing that I have to do is giving you some sort of advice.
>Choose the right and potentials coins
>Don't buy coin when the price is high because there is huge possibilities that it will go down and you loss your money rather that of buying in dump price for sure that it will pump in the coming days and gain profit.

Just keep on reading and learn, and you're gonna succeed in trading.
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January 10, 2018, 11:04:39 PM
 #11

Dont go to sign up with an exchange first , try to learn about crypto currency ... there is always risk on investment.

If you gain some knowledge try to choose good wallet like coinbase, blockchain than open a account on exchange like bittrex, cryptoia etc... buy good alt coin and start trading ....
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January 10, 2018, 11:43:53 PM
 #12

First you need some basic trading skills technical analysis will help you with your trades,start here at investopedia.com

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January 10, 2018, 11:51:21 PM
 #13

Before you begin to learn trading, you need to watch a training video, the best development will require a person who has been studying this for a long time and asking him for a helping hand. )
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January 13, 2018, 06:23:29 AM
 #14

it is very easy
you just need to create an account in vip and create your wallet
transferring your money and filling your wallet up to whatever purse you will be using whether ETH or BTC
shopping coin coins in the market then sell it back, that's very
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January 24, 2018, 06:23:45 AM
 #15

Crypto currency trading is not a easy thing.we have to know how to analyst charts and what is the current situation of market.we must follow the social media to know about latest updates of coins.1st you have to select a exchanger to start trading.you can use user friendly one like binance or bittrex.then deposit some bitcoin or ethereum to it then you can start trading.if you want you can watch youtube videos to see how to trade in exchange you choose.if you can trade with patience you can earn lot of money.

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January 24, 2018, 06:48:16 AM
 #16

Can anyone guide me how i can start crypto currency trading 
Many of them explain a how to start crypto currency trading. But in current scenario is unpredictable to trading profit. So don't invest in trading if you want to invest in trading you should wait for two more months else you are investment is completely loss. So you should study about the trading strategy right now. It is useful to understand the how to predict the accurate time to trade.

 
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January 24, 2018, 07:03:55 AM
 #17

this one's a good topic! Thanks a lot you guys for replying to this query, this will also help me in kickstarting trading options!
Many thanks
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January 26, 2018, 05:50:21 PM
 #18

I think you should focus on a crypto currency that can help you become an expert to use it, and for that you should read the news about currency speculation on a regular basis. You should be able to guess why the currency goes up or down based on your knowledge for the currency in the market ...
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January 26, 2018, 05:53:13 PM
 #19

Can anyone guide me how i can start crypto currency trading 
First you need to buy Crypto currency against Fiat currency after that you can start trading in crypto. You may use coinbase, Zebpay, localbtc to buy crypto coins.
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January 26, 2018, 06:12:16 PM
 #20

Can anyone guide me how i can start crypto currency trading 

Sign up with an exchange. Fund your account. Watch the price of whatever coin you want.  When you think it’s low. Buy in. When it goes up sell. When it goes down buy. Repeat. Nobody can really tell you how to trade. You have to just start and form your own strategy. What works for one person doesn’t work for another. You have to figure out what works best for you. It takes time. Start small so you don’t have big losses.

There are two options actually. If you don't have capital to invest then first you need to participate some bounties (like signature, facebook, twitter) and try to make some money. If you have money you can immediately start trading with one of the major exchange.
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