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Author Topic: Newbie should trade or not? Please give me idea.  (Read 3086 times)
koleskok
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April 15, 2018, 10:16:13 AM
 #901

Newbie is welcome in the trading life. one must always keep in mind that no work is easy and that will be hard work to make that work easier. Patience is to be gained and a lot of knowledge is acquired only if success is easy to achieve.
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April 15, 2018, 09:19:48 PM
 #902

It depends what you want to get out of trading, if you want to learn and improve and are willing to put in the time and effort to do so then do it. Every trader was one day a newbie. Make sure you remain patient and realistic in your goals.

Well, most newbies can easily learn how to trade with a little amount of money.  Maybe if they have $100 or so on their exchange balances, they can easily understand how to trade with that amount of money (at least, try to learn the simple stuff about how it works) Well, it is a good strategy after all.


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shaadsufi
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April 15, 2018, 11:35:21 PM
 #903

It is better to learn first before starting trading because without experience there are 99% chances that you will make the loss so it is better to learn first before starting trading.
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April 16, 2018, 02:01:40 AM
 #904

All cryptocurrency and digital tokens has high volatility and to maximize profit from it you have to know about trading. If you dont know about trading possible you will loss money. The first step to learn trading is understand about technical analysis, and you can learn about it by search in google and video tutorial in youtube and spend 1 hour aday is enough to understand it.

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April 16, 2018, 03:21:58 AM
 #905

Start trading.experience would always be the best teacher.but as a newbie, I advice you start with small capital first..when you start trading try joining forums and trading groups,sharing ideas with others would help you have the knowledge you need to do well in trading.

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April 16, 2018, 05:44:39 AM
 #906

They can also trade but my advice to them, trade only a small amount of funds because they did not have enough knowledge about trading.

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April 16, 2018, 05:54:30 AM
 #907

Trading is a very complicated matter wherein enough knowledge and experience is a must.  Newbie is a rank position in bitcoin which means new participant.  But this doesn't mean that you are not qualified to trade.  If you have been trading before you enter in cryptocurrency, definitely you already have an idea about it.  You only have to practice more to enhance your idea and to see the difference between the traditional and cryptocurrency trading.  But if you really don't know anything about the entire crypto trading, I should say, don't take the risk yet.  Observe, study, and research first before you try.  Then it's up to you if you are now ready to roll the dice.
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April 16, 2018, 06:03:52 AM
 #908

Sometimes one has to take risks to achieve success and why if a beginner? because I think trading is the right thing to take a lot of profits even though there are many risks to come

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April 16, 2018, 06:17:08 AM
 #909

May I suggest expanding insight/knowledge on how trading works, do researches on the charts and techniques that can be used in before investing.  Simply apply the basic, buy at the low price and sell with the higher price and never invest all your coins in a single project.
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April 16, 2018, 12:07:47 PM
 #910

Well i started as a newbie too and all of the pro traders also started as a beginner or newbie but of course because of their dedication they became good at it.
Yes a newbie should trade provided he has the required knowledge and basic information about Bitcoin. One needs to research on the technology and needs to know the tricks one needs to do the trading before entering the market.

Many people starts doing the business without having any knowledge of the market and after facing a hard time criticize the technology which spread pessimism.

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April 16, 2018, 12:21:32 PM
 #911

Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

Trade is a very wise decision and you need to do it to make more money.
You should better cultivate your trade knowledge before commencing trade. An inexperienced person will easily fail and your effort will be lost if you do not make wise investment decisions. Wink

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April 17, 2018, 03:24:40 PM
 #912

In trading community you need do many research, specially on what's new updates or hot alt coins on market, need to follow news

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April 17, 2018, 05:19:25 PM
 #913

First of all learn about cryptocurrencies, about market. Then to earn first bitcoins without investments (it is actual especially for newcomers) you can participate in bounty campaigns. Get your bounty rewars, sell them and enjoy with your bitcoins. And only then you can trading with bitcoin and increase amount of it. But to do so you have to learn about trading and get special skills.

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April 17, 2018, 07:35:31 PM
 #914

First of all learn about cryptocurrencies, about market. Then to earn first bitcoins without investments (it is actual especially for newcomers) you can participate in bounty campaigns. Get your bounty rewars, sell them and enjoy with your bitcoins. And only then you can trading with bitcoin and increase amount of it. But to do so you have to learn about trading and get special skills.
the best you to create a starting capital and begin to work from the beginning, with learning in practice, and not only studying the theoretical information.

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April 17, 2018, 07:51:44 PM
 #915

If you have some extra money than actually buy some good altcoins and keep it for a longer term because currently after the market correction the prices have fallen though it has started to rise. Just buy and keep it and in the mean time learn the basic, understand more in depth about such cypto currencies etc and then later you can do trading.
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April 17, 2018, 09:16:25 PM
 #916

If you are new to the market you should never do trading with all your health. First try to get some knowledge about market of crypto currencies and then start do trading in small small quantities.

The more you do trading the more you will get to know about market and at the end you will come as a good trader of the crypto currency, just stay safe! Wink

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April 18, 2018, 02:21:41 AM
 #917

I think it's better for newbie to learn but try first with little capital. And if you accept losing money to participate, you can learn a lot of things in trading but if you fear losing money then it is best not to join.
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April 18, 2018, 03:20:37 AM
 #918

You are a Newbie and you decide to Trade.
Trading for beginners is very risky if you do not have a lot of knowledge about trading, you can also fail if your strategy is wrong.
Trading as well as providing risk opportunities almost 80%.
Therefore, if you are a beginner you should first learn about the coin you choose, do the research continued, see always market development.
From these things, you can use your instincts to run the crypto-coin trading activity.
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April 18, 2018, 05:47:14 AM
 #919

Trading is a different type of platform if someone start trading he must do it, because if you want to start trading Newbie is not a requirement of trader so you must start your trading with anytime and minimum $10 but if you invest low amount of money you can't better performance with your trading. I'm suggest you, you must invest minimum $500 then you can start very smoothly with your trading as a newbie.

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April 18, 2018, 05:57:29 AM
 #920

If you are a newbie, I suggest that you first learn some trading techniques to understand the prices of some cryptocurrencies. After you have some understanding, you can try some simple transactions.
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