milo07 (OP)
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Activity: 12
Merit: 0
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January 29, 2018, 12:56:59 PM |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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knien
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Activity: 308
Merit: 13
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January 29, 2018, 01:07:06 PM |
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A few generic beginner tips that will help you to get up to speed:
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
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enjotan
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January 29, 2018, 01:11:04 PM |
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you better try to find lots of knowledge about bitcoin and other crypto. there is plenty of bitcointalk knowledge material for your understanding. spend a little time reading and searching for knowledge. after that you will know what step will you do. may be useful.
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vinzon04295
Jr. Member
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Activity: 75
Merit: 6
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January 29, 2018, 01:12:30 PM |
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A few generic beginner tips that will help you to get up to speed:
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
this helps a lot. this really helps me, appreciated!! |
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BungaTulip
Newbie
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Activity: 19
Merit: 0
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January 29, 2018, 01:14:59 PM |
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A few generic beginner tips that will help you to get up to speed:
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
Cool...! Really help for us as a beginner . Thank you! |
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Naurah03
Newbie
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Activity: 108
Merit: 0
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January 29, 2018, 01:18:21 PM |
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Actually we are same ( a new beginner), i just remember of someone advice in this group also, he said " Before you do something that you never know about it..Try to learn it first " , Never invest on something that you're not expert on it. So the conclusion is, we better learn first about trading before you get involve on it.
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delarossa
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Activity: 392
Merit: 12
MINTER
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January 29, 2018, 01:21:03 PM |
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For beginners you should increase the rank of the account first at least until the junior member, then follow the project bounty social media or signature, then make a post or a quality to get merit from people who rate your post on the topic of others.
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Tharel
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Activity: 182
Merit: 12
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January 29, 2018, 01:21:28 PM |
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A good knowledge about crypto will go a long way, so as a beginner, it's best to read and read and read first the basics. Never get too excited because that's the usual reason of losses. Study and research a good coin, you can find a lot of crypto basics in youtube. Invest more of your time and attention in learning if you want be successful and it will pay off.
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SONG GEET
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January 29, 2018, 01:25:21 PM |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
* Never invest in coin that is pumping or being pumped by pnd groups. * Binance is nice right now with higher withdraw limits for unverified accounts. * Only trade coins with high daily trading volume. * Simple strategy is to buy low sell high. |
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Thecryptocurrency09
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January 29, 2018, 01:27:46 PM |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
All the things for newbie are almost said. Even strategies, tips or their personal way of earning. This could be a good thing or a meaning of what an helping hand is. But I just want to go back to the basic or the basic tips which you could acquire those three. You have to read, read and read. Of course you have to do it in able to acquire those basic knowledge. |
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tambok
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January 29, 2018, 01:32:21 PM |
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Before entering a trading platform, you have to know at least some of the basic knowledge. Some tips are available via youtube and many more sites.
Of course, you have to know first those basic terms regarding crypto trading and how law of demand and supply works, then search also the different trading exchanges and compare their fees and credibility. Always remember that trading is not an easy job so you must be careful how much would you prefer as a start up capital and how much money you just can't afford to lose and one of the most important for us to become successful is to always track the latest news, the top 10 coins and how much is their rise/down.
And last is to begin and act NOW. We may fail most of the time but what important is how we rise and try again not getting frustrated and hate trading for the rest of our life. Don't borrow money, save your income so you can have something to start with. Good luck and happy trading!
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AdTraxis
Newbie
Offline
Activity: 43
Merit: 0
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January 29, 2018, 01:37:52 PM |
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A few generic beginner tips that will help you to get up to speed:
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
This is some quality advice. Pay key attention to point number 1. Invest what you are comfortable losing, if things go southwards, God forbid. Before jumping into any trade, make sure you research deeply and you'll surely come out a winner. |
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rajuahmed763
Member
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Activity: 456
Merit: 10
🔥 Ultimate Launchpad on TON 🔥
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January 29, 2018, 01:43:41 PM |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
I suggest bittrex exchangers and also active with all type coins social media, also analysis the coin value, supply, demand. You can trade with low amount for you a begineer. By the way best of you.😊😇 |
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jvdp
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January 29, 2018, 01:45:40 PM |
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any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
The best advice is don't trade in beginners it is not comfortable to expecting profit. Because many newbies are affected in trading they don't know about the trading strategy. This is risky investment so try to gain some knowledge in this forum then continue to analyse the best coin. This is the right choice for beginners if you want to invest know you only affected your investment. |
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rajuahmed763
Member
Offline
Activity: 456
Merit: 10
🔥 Ultimate Launchpad on TON 🔥
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January 29, 2018, 01:46:51 PM |
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I suggest bittrex exchangers and also active with all type coins social media, also analysis the coin value, supply, demand. You can trade with low amount for you a begineer. By the way best of you .😊😇
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xx-man
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January 29, 2018, 01:48:56 PM |
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If you want to start trading better you start a strategy or MCD from Altcoin to make sure where to buy and sell, if you have seen the MCD and put it there, you can consider it in that trade.
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Klestar
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January 29, 2018, 01:52:39 PM |
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Here's mine
1. Always look for the path of the coin, it maybe on charts , pictures and datas.
2. Prefer on top coins, always look for higher coins such as on top 10
3. Always search the coin on social medias and look for positive feedbacks and also for the negative ones.
4. It's okay to risk because it is all a worth to but don't always follow your instinct so you can fall to benefit of the doubt.
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aisyah88
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January 29, 2018, 02:13:15 PM |
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Maybe I am also a beginner, but I have experience from bitcoin .. one of them never make or make article with copy paste and I have got warning .. bitcointalk me also banned in because of copy paste ..
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indika8821
Member
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Activity: 104
Merit: 10
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January 29, 2018, 02:17:35 PM |
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If you are investing in coins for the long-term, the safest strategy is holding, but day-trading, or even casual trading can be profitable in the short term, allowing you to increase your stack relatively faster. Whether you’re a beginner to crypto trading or just trying to take a chance in this exciting new market
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Harlot
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January 29, 2018, 02:22:31 PM |
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You are a beginner which means what you have asked in your post are mostly non-essential parts when it comes to trading, yes you do need to have an exchange in order to trade but you won't be earning if you don't know what to buy and sell in the first place. Some posts of the users here are right when they told you to dwell first mainly on technical analysis or the study of its price charts as it is really what a trader need in order to earn something from the market. You must study Technical Analysis first and create a trading account with a mock portfolio to test your skills with it. Also don't limit yourself with just the analyzation of the charts as you must also have a trading plan as well from entry to exit also with some contingency plans.
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