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Author Topic: Newbie should trade or not? Please give me idea.  (Read 3525 times)
yacare
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February 12, 2018, 03:57:22 PM
 #521

To trade to the beginner it is big risk. Of course it isnt hopeless, but it is necessary to prepare for it. It is necessary to study cryptocurrency, laws of the market, news, to be able to understand and foretell what can influence the price, after that it is worth beginning trade

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 12, 2018, 06:12:15 PM
 #522

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

my advice you should join in some bounty campaign before starting trading, you can not start it because trading requires expertise, you can also raise capital from following some bounty

Yes, he/she can join a bounty campaign but the last time I checked no bounty campaign is accepting newbie. Besides,  joining a bounty or not, a newbie can still trade bitcoin and altcoin if he or she have the capital to proceed but I will the. OP to first read, learn and ask question about how crypto currency work.

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February 12, 2018, 07:25:53 PM
 #523

Right now the market is a bit down and the cryptocurrencies you have are not upto their full potential and they'll definitely rise in the coming future. So it's better to hold them and wait for a pump and then if you wish you can trade it in ICOs rather than investing in some another coin. Because ICO price is 30% less than the original price, so you get fast profit, if you're up for that.
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February 13, 2018, 06:04:12 AM
 #524

Everyone is welcome to engage in trading since there are no any requirements or qualifications that needed in order to joined.
As a newbie in this particular industry, you need to study and learned a lot in order to survive and provide a wise decision in every transactions.
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February 13, 2018, 06:14:36 AM
 #525

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

Ofcourse you should trade but with just small amount first, You will not learn basics on trading if you would not try to trade the basic things to do when starting on trading on crypto are:
1. Learn the basics of reading candlesticks.
2. Read blogs about basic trading of altcoins and bitcoins.
3. Research about crypto projects of coins you want to trade.
4. Control your emotions don't be to greed, Greediness are turning to losses.
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February 13, 2018, 07:36:28 AM
 #526

As long as you can afford to invest, you are allowed to trade but if you are new in trading. It's better to learn first before doing any moves. Research about the coins and learn the movement of markets.
I will suggest you not to go for trading in the early stages of your life in the world of crypto currency. Instead of doing that, you need to focus on learning more and more things and gaining of more experience. If you managed to get enough skillset, then it will not be that much difficult thing for you to get into trading. You first need to learn and then take such kind of step. Only then you will be able to have your desired results.
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February 13, 2018, 08:19:15 AM
 #527

Put your trading skills to the test with any free services. Compete with thousands of Investopedia traders and trade your way to the top! Submit trades in a virtual environment before you start risking your own capital. After this you can understand to go further or stop it.
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February 13, 2018, 08:41:05 AM
 #528

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


Okay, first you have to learn everything about trading technique like as supply demand or support resistance, average price, trend in several day, last month and charts market.
After that you have to learn about money management to choose the way like you want to be a day trader or a long term trader.
The last one you must learning every day and reading news in the several country, maybe bad news or good news.
Remember, every business has a risks so don't afraid to lose but manage your losing.
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February 13, 2018, 08:46:53 AM
 #529

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

You can lose your money if you don't have basic knowledge about trading. You are a newbie and you should focus first to improve your patience because I know that you can easily get panic.

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February 13, 2018, 09:24:43 AM
 #530

While you are still learning it's better to buy more potential major top 10 coins and hold. When the times come that you are ready to trade then you can play the game. Give time to learn, read and read a lot. You will fail along the road but don't give up, keep moving and learn your mistake. Goodluck and happy trading.

Trading is not like that, there is such requirements to be a trader, if you have the money to start Trading and you have knowledge about it, why not. Buying those top 10 coins would do, but since OP is just a beginner, it would be better for him to start on cheap coins but also have the potential to grow(though its not bigger like those top 10 coins) when he is going to have profits in the long run.

But the point here is Trading is free thing to do, you just have to know to yourself if you are ready to all of the consequences that might happen while you are Trading.
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February 13, 2018, 09:38:52 AM
 #531

Trading is also a learning process. So if you are passionate about trading, you should go ahead to learn any skill there is that will guarantee the fact that you could trade profitably. Learning is the key to anything whether trading or otherwise.

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February 13, 2018, 09:40:20 AM
 #532

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


Newbie also have chance to get profit. Not only expert have a chance. Expert also start from newbie.  Nobody born become expert and all need to start as beginner and start learning is my suggestion. Dont ever give up if you face loss. Because loss is the key of success. Without loss is impossible.
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February 13, 2018, 09:44:27 AM
 #533

I usually play at long term. Short waste too much time Smiley but it's always a game! Play as u feel you are best to.
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February 13, 2018, 09:54:48 AM
 #534

Well, if you don't start to trade you will be a newbie forever!
So, of course you can trade; just start with little sum that you can lose, and - if possible - work with an experienced trader.
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February 13, 2018, 11:12:59 AM
 #535

As long as you can afford to invest, you are allowed to trade but if you are new in trading. It's better to learn first before doing any moves. Research about the coins and learn the movement of markets.
Brother there is open chance for every person on this globe to get his computer and internet access and start working in bitcoins. Believe me I have seen some people who shown keen interest towards this world and by best efforts from their side, now they are enjoying the perks of life. And this happened only when they learnt better before being practical to such momentous expedition.
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February 13, 2018, 12:27:05 PM
 #536

I would like to learn from you, I will learn to evaluate the market and visit both on the Telegram, currently besides Hold coin I also play ICO lending, on that matter, what do you think? Tongue Tongue
It is a great start for you to join a telegram or a program which includes ICO because it is a good step on having an initial capital on your future trades. It is also much easier for us to deal with decision if we are a part of a particular project where are support is included and our job to initially support the program will help us to learn and to gain enough knowledge on trading.

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February 13, 2018, 01:34:11 PM
 #537

Anyone can go for trading if you have to learn. You need also have fund to start trading and make a study or research about basic trading technique and you also learn how to read a candle stick to make a good profit for every trade. Trading is the best way to earn money you can be a millionare a year for trading i dont have proof but my mentor got. So just hold and let the coin make money for you.

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February 13, 2018, 02:56:03 PM
 #538

This post interest me in joining the forum. Since i am a newbie also and would like to learn about trading. Some members were giving inputs with thier advises and suggestions so I better take note with the importantant details. I apprreciate this kind of system. As I was told by my friend, it is another means of income and I guess he was right. This system is a form of investment wherein you can gain or profit with by trading bitcoins. Ideally this bitcoin is a lot of help in business for the investors. This one way to make a profit out of trading.
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February 13, 2018, 03:22:30 PM
 #539

Since you are a newbie on trading, i would suggest for you to learn some basic concept about it. Research for some strategy on how to effectively trade (newbies are more emotional since they are inexperience of it). Buy low, sell high maybe? Or you might want to use cost averaging method? You might bump with this questions when you are onto studying basic trading/investing.
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February 15, 2018, 10:00:47 AM
 #540

Of course you have to try. This is the only way to learn. All the experts were once newbie . The main thing to observe the rules of trade.

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