Thanasis
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January 19, 2018, 12:16:24 PM |
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I think that a beginner should start with investing. Find 3-5 good coins and buy them for several months and gradually learn the topic of crypto currency. As you said newbie start trading is not a good idea first he need to learn about the crypto currency market and pick some coins for investment which can give profits until that,But if he already have the enough knowledge about trading then he can try it with affordable amount to lose. But if you want to start trade pick the coins with more volatility in price then you can make money through day trading or pick stable coins for longer term trading.
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somwhr
Newbie
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January 19, 2018, 12:19:26 PM |
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learn first befire risking.. study the fluctuation of the coina
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Simon pasco
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January 19, 2018, 12:30:12 PM |
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Stupid as a question "Does anyone who knows not swim should go in the water?"
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BobBct
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January 19, 2018, 12:32:31 PM |
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Everybody started as a newbie no one because a pro instantly, of course you to to work and learn to be a pro at something. so i recommend first to use some basic patterns, before you do your first trade.
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Thardz07
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January 19, 2018, 12:35:27 PM |
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Dont invest or trade if you're lack of information about the coin that you have planned to invest. There's a risk if you don't know the movement of price, fundamentals, technical analysis and news. Many traders have lost their investments because of lack of knowledge. Before you start to trade, you should learn some more informations.
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BabyBoss
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January 19, 2018, 12:43:31 PM |
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Why not? As long as you have the exact knowledge and skills and also the strategies you can trade and especially you need enough money to convert it into crypto currency then you can now trade to what coins you want and then hold it about a months. In trading it is not important weather you are newbie or not what important is as long as you want to learn and really dedicated on it you can do it eith joy and I know you will become successful as you experience soon many troubles but then you still there and want to learn more, you will become successful soon.
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drawoh14
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January 19, 2018, 12:49:15 PM |
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Go with trading, you will profit more in the future if you have mastered all those movements in cryptocurrency markets and stay updated on the coin it will probably goes up if there is good news coming.
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paparexon0414
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January 19, 2018, 12:59:20 PM |
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Im also a newbie in trading. I also doing trading in cryptopia. I find it easy to understand and the layout is simple. That is the first exchange i use. At first, i just try all the tabs and buttons to be familiar in the Exchange. I am always checking the price movement every now and then. At first its really hard to understand the buy and sell option. And the color red and green. I just know that green is a good sign for my token i am holding. The more green the higher the price. Also, just try to explore the exchange that you are using. And follow the basic rule in trading. Buy low, sell high.
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joniboini
Legendary
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January 19, 2018, 01:06:33 PM |
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Stupid as a question "Does anyone who knows not swim should go in the water?"
not entirely true in my opinion. while both actions are risky, the risk is entirely different and trading is more of a learning-while-doing thing, so doing trading even though you are a beginner can works.
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QB Horse
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January 19, 2018, 01:07:45 PM |
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Everyone needs to start somewhere! So yes newbies must trade and learn in the action.
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xsaints128
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January 19, 2018, 01:11:28 PM |
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First you should start with a small amount so that you can learn how the market works and after having some experience you can start trading with big amounts because you gotta start trading anyway so start with a small amount.
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bocyaj
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January 19, 2018, 01:51:22 PM |
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I think that a beginner should start with investing. Find 3-5 good coins and buy them for several months and gradually learn the topic of crypto currency. As you said newbie start trading is not a good idea first he need to learn about the crypto currency market and pick some coins for investment which can give profits until that,But if he already have the enough knowledge about trading then he can try it with affordable amount to lose. But if you want to start trade pick the coins with more volatility in price then you can make money through day trading or pick stable coins for longer term trading. Ya you can carry on.Since do bitcoin trading is the best option for learning trade.You have to practice trading to learn trading.If you want means,you can start trade with low value at first.Even you can start trade with 10$,then you can carry on with huge dollar and get huge profit.
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jonaire99
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January 19, 2018, 02:51:09 PM |
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Learning to trade will not stop at the first day of your trading, learning should continue while you are trading. That is the best to gain more knowledge. Cryptocurrency is the most riskiest of all trading becahse of its high volatility. Gaining skills with this kind of trading will take a time so don't learning. Don't let your emotions overcomes you, practice self-control and avoid being greedy.
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Nanantsu
Jr. Member
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January 19, 2018, 03:13:26 PM |
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Mate since you are a newbie I want to suggest you to learn more about the trading. Do some research to know what is trading work.
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bizbwan
Newbie
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January 19, 2018, 03:17:54 PM |
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since you are new, I suggest you make your research. study carefully the coin you are planning to invest read news and whitepapers. the most important is to study how to read candlestick. a lot of information are readily available online go on youtube and read a lot in this forum it will help.
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denulh
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Borderless for People, Frictionless for Banks
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January 19, 2018, 03:36:31 PM |
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newbie should not trade coin because they are too young and don't have much experience in trading, so they may loose a lot of money if they fail to trade cryptos. so in order to trade cryptos, newbies should learn how to trade first and how to work with cryptos, then after few months you can start with small trading.
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Manchumichael
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January 19, 2018, 03:41:28 PM |
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I think that a beginner should start with investing. Find 3-5 good coins and buy them for several months and gradually learn the topic of crypto currency. As you said newbie start trading is not a good idea first he needs to learn about the crypto currency market and pick some coins for investment which can give profits until that,But if he already have the enough knowledge about trading then he can try it with affordable amount to lose. But if you want to start trade pick the coins with more volatility in price then you can make money through day trading or pick stable coins for longer term trading. I think OP already has some basic knowledge about trading. He is holding TRX this is also high potential coin it went too high a couple of weeks ago. Now he wants to trade with others coins like ADA, ETH etc. these coins are good to trade. So he knows how to pick the coins and which coin is good to make a day trade. But I noticed one thing that he doesn't know when to buy and when to sell. For this, my suggestion fixes your profit % and when it reached you can sell your coins don't become greedy.
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nugoph
Newbie
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January 19, 2018, 04:12:25 PM |
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Shint
Newbie
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January 19, 2018, 04:14:54 PM |
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A newbie should not go full on trading he should at least know how the market works and what coins is he handling. Each coins has a different attributes and these attributes might help you if you do more research about of the coins by reading their whitepaper.
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arpon11
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January 19, 2018, 04:27:38 PM |
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Trading especially margin one is very risky to venture into without adequate knowledge on how it works and you should not go into trading without understanding on how to analyze the prices both technical and fundamentals issues and patterns. As a newbie you are too new to trade with reall money and I will therefore advice you to open a demo trade with those exchanges platform that allows that and use that to develop your skills on when to buy and sell to actually make money and reduce the risk of losing your entire capital.
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