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Author Topic: Newbie should trade or not? Please give me idea.  (Read 3524 times)
Bitexpert2017
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April 12, 2018, 10:30:42 AM
 #861

I have seen many people do not even know about Bitcoin has joined the trading markets and after some months (5-6) they have gathered enough experience on trading, And are able to trade and make profit up to 10% to 15% of their investment.
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April 12, 2018, 11:15:53 AM
 #862

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

Being a trading partner is not rented to a newbie or with ranks, it bases on how much your investment is, even if you are small enough to be able to trade in different currencies as long as you are just in touch with the discerning user .

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April 12, 2018, 11:27:18 AM
 #863

If you already know the INs and OUTS of trading, I encourage you to trade since it will give a lot of experiences, but if you are just trading because of the trends or hypes, at first you will see that you are gaining but i the long run, the problem will be when to sell, since that is always a common mistake of newbies, once they gain a little, they want to gain more, what you need to do is to do a lot of research first, when it comes to cryptocurrency there is a trading pair, your altcoin and bitcoin, if you do not check both, and just look at the data and it seems that the value of your altcoin is higher and has gone up by 100%, but the value of bitcoin had declined remember to sell, but if the increase of bitcoin is much higher than the value of your altcoin and you sell it because it seems to have gone up, there is a percentage that you have loss some amount of bitcoin, but if you are going to hodl your altcoin for a long time before you trade it, make sure it is stable, since altcoins are being delisted in exchanges, still acquire much knowledge first rather than believing someone else jn the trade, your knowledge will always help you win even in bearish markets.
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April 12, 2018, 12:01:24 PM
 #864

You should spend a long time observing the market to understand how it's going before investing a real money. Everybody here will promote coins he's holding.
Try to do your search and have your own decision.
All newbie here in trading world should try to do trading, because trading is one of the best way to  earn some profit here in crypto, and trading is one of the most important thing all people here in crypto world should learn.
Starting trading is a better choice if have low savings and starting investment is the greatest choice if you have a lot of savings means high savings and are enough for investment. Trading with cryptopia is good and also with many others but whatever you have to do is to do it with an authentic application and to find authentic sources so that you will not be busted and will not be hacked ever. Now investment in Bitcoin the long term trusted store of value and it is a very good investment.

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BobBct
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April 12, 2018, 12:12:39 PM
 #865

Anyone is worthy to trade but of course not all will actually take trading seriously because for my experience it's not easy even though you need to trade.
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April 12, 2018, 12:33:07 PM
 #866

If you don't trade, you wouldn't be able to learn trading well. So, you have to trade, just research well and follow charts of the coins you want to trade.
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April 12, 2018, 12:33:12 PM
 #867

It's ok for newbies to trade as long as they start in low amount or low bankroll. When i was new in trading i start with little knowledge about trading but i do my trading with small amount because when i lose i won't mind it. Just make sure as a newbie you know do's and don't when trading to avoid some big lose. It does not matter if we as newbie start with low amount. Eventually it will become big as long we are performing good trades.
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April 12, 2018, 01:46:34 PM
 #868

I think newbies show learn first and then implement that things in practical trading and without learning trading will give huge losses for this purpose learn from the google and Youtube and there are a lot of many other forums where you can learn bitcoin trading. Since you are new to the crypto market I would suggest you to first start trading with small amount so that you can gain experience with it, even if something goes wrong you won't lose a great deal of money
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April 12, 2018, 01:46:41 PM
 #869

I would like to add that it does not matter you are new in the market or not, what matters is how much you can control your emotions once you see the loss. If you can handle that situation well. Everyone is welcome in trading of cryptocurrency. The first things to do is research about it. If you have a friend that already do the trading in  cryptocurrency you can ask your friends about it or you can attend some seminar about the cryptocurrencies for more idea
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April 12, 2018, 01:46:50 PM
 #870

I will propose to you to expand your insight first and once you will have adequate information, at exactly that point you should hop into exchanging. Else, you will wind up losing cash. I think the first step before trading is to learn first. Learn first the basics, cryptocurrency. Learn about bitcoin and how it works. Search for the words blockchain, volatility, fluctuation, and then you may start in trading
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April 12, 2018, 02:11:12 PM
 #871

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

Since you are new in trading platform then you need to learning about trading properly. When you learning about trading properly then you can start your crypto trading. If you want to learning about trading so you can take help from any expert crypto trader. If you like my idea then Thank you. And Best of Luck.
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April 12, 2018, 03:56:29 PM
 #872

No, if you are a novice, then the best strategy is to keep it long. You can choose several promising projects and distribute the bank equally

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April 12, 2018, 04:17:25 PM
 #873

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

Suggestions for your questions as a newbie dont force to take trades any want you buy coin but it is your self risk.Learn more strategy and good for buy before take trades.

ETHRoll
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April 13, 2018, 12:20:26 PM
 #874

Thats good advice and really easy to understand, But I want to add a little, other  mentioned above, maybe high transactions costs also need to think, because during this is often stamped as the main obstacle in trading

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April 13, 2018, 12:29:19 PM
 #875

Start Long and keep investing for a while build up some decent balances in the top coins until you understand everything better then look at trading. if you are going to trade on Binance make sure you always have enough BNB coin to pay the fees will save you a bunch and help to limit the micro balances that are so frustrating
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April 13, 2018, 12:55:04 PM
 #876

New trader? Just keep your patience and search a lot more before entering the game of trading. Learn from some shared experiences here that you can search, or ask questions if needed. Cause this is not a game that kids usually do. This is a man’s game. And if you want to have a long term earnings, you need to invest in long term holdings. Good luck to you good sir.

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April 13, 2018, 01:24:08 PM
 #877

Even a newbie can trade but only few will actually take trading seriously because  i can say that trading isn't easy especially now there are alot of manipulators in the market.

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April 13, 2018, 01:44:03 PM
 #878

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


There are many newbies who entered into trading industry here in Bitcoin or altcoins, were in the end most of them(newbies) are failed in to do so, due to majority of them are just come what may only. Entering in trading industry without full knowledge of trading for sure they will fail in the end. So, I would suggest you to study first about it feed yourself in the first place about what you are choosing it to do so.
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April 13, 2018, 07:35:16 PM
 #879

No, if you are a novice, then the best strategy is to keep it long. You can choose several promising projects and distribute the bank equally
Everyone come to trading is first new bee. Slowly slowly he starts trading and earning. Entering to the world of trading and investment need you to study about the crypto world like many universities have made the crypto world as a course and a lot of new young generation or you can say new bees are catching this new course in order to look into this future currency correctly and absolutely.

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April 13, 2018, 07:47:53 PM
 #880

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


There are many newbies who entered into trading industry here in Bitcoin or altcoins, were in the end most of them(newbies) are failed in to do so, due to majority of them are just come what may only. Entering in trading industry without full knowledge of trading for sure they will fail in the end. So, I would suggest you to study first about it feed yourself in the first place about what you are choosing it to do so.
My personal view is that we should encourage the newbie to start trading despite of discouraging them not to trade, in fact in very beginning they should start trading by investing a very small amount of money, and when they get some good experience then they should increase their investment, in fact first they need to get some good knowledge and experience about trading, because trading is a vast field and one can only get experience if he is spending some good time in trading.
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