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Author Topic: What I Should Know Before i Start Trading Cryptocurrency  (Read 1071 times)
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March 05, 2018, 03:19:19 PM
 #61

Always trade as much as you are ready to lose! Golden rule

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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March 06, 2018, 01:14:53 AM
 #62

The cryptocurrency market is a digital asset based on the blockchain platform. Blockchain is a hierarchical database that stores information in information blocks that are interconnected by encryption and expands over time. This is the trend, the potential development of blockchain as well as the development of the cryptocurrency market. So before you start trading in the cryptocurrency market, you must thoroughly understand all the knowledge about bitcoin, blockchain, the cryptocurrency market to be able to business effectively.
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March 06, 2018, 01:21:40 AM
 #63

if you are going to trade , you must be ready because there is a possibility that you are going to loss some coin . however , if you are aware on those situation you should know how to get profit after losing those coins.

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March 06, 2018, 01:23:31 AM
 #64

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

Would u have to HOLD even when u 're in profit... all rukeasandroads leads to buy low n sell high.. or sell low and buy lower n sell high.

Profit made... move on

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March 06, 2018, 02:46:35 AM
 #65

You should know that - you can lose all your money.SO try to play your small portion extra money. Without plan & Patience you can't win the the game.
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March 06, 2018, 03:38:35 AM
 #66

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?


You need to know how to wait and have patience. It will take a lot of patience and courage before you gain your profit. Always buy at low price and sell at with high value. Don't put all of your money in one investment. It is alright to take the rik but be sure to make right decisions. Hold and wait patiently.

 
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March 06, 2018, 04:21:21 AM
 #67

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?


First, you need to know about the risk, make money in trading world is not easy and maybe you can bankrupt. Second, learn trading knowledge in all aspect ( not just hold & sell ), such as stop loss, take profit, money money management and psychology. Last one, never do the same mistakes. Do that and have a nice trading.

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March 06, 2018, 05:29:48 AM
 #68

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?


You need to know how to wait and have patience. It will take a lot of patience and courage before you gain your profit. Always buy at low price and sell at with high value. Don't put all of your money in one investment. It is alright to take the rik but be sure to make right decisions. Hold and wait patiently.

I agree with being patience.Do not in a hurry always wherein you can make unfavorable decisions and eventually translate to losses. Furthermore learning how to trade takes take, more experience, knowledge and more research. Study also the technical analysis and the fundamental analysis. It can help streamlined your decisions.
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March 06, 2018, 05:39:59 AM
 #69

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?


You need to know how to wait and have patience. It will take a lot of patience and courage before you gain your profit. Always buy at low price and sell at with high value. Don't put all of your money in one investment. It is alright to take the rik but be sure to make right decisions. Hold and wait patiently.

I agree with being patience.Do not in a hurry always wherein you can make unfavorable decisions and eventually translate to losses. Furthermore learning how to trade takes take, more experience, knowledge and more research. Study also the technical analysis and the fundamental analysis. It can help streamlined your decisions.
and also dont forget about one thing,invest your money with the money that we could accept when it lost.dont use miney that usually to buy daily needs

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March 09, 2018, 04:57:14 AM
 #70

You have to take as much time as is needed right off the bat perusing more about crypto exchanging, and taking in the fundamentals to maintain a strategic distance from the greatest slip-ups, and to limit the dangers. You need to figure out how to think about the market, the graph, and how to pick the most encouraging coins or tokens to exchange, and when purchasing and offering. Without such information you hazard losing your well deserved cash effectively in light of the fact that exchanging include high dangers.
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March 09, 2018, 05:37:11 AM
 #71

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
which you should know before starting trading is about the exchange you will use, the type of coin you will trade, and you should be able to control your emotions to not easily panic in trading. because trading with panic will make you lose.

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March 18, 2018, 06:11:12 AM
 #72

   
You have to require the maximum amount time as is required right off the bat studying additional regarding crypto exchanging, and taking within the fundamentals to keep up a strategic distance from the best slip-ups, and to limit the risks. you would like to work out a way to have confidence the market, the graph, and the way to choose the foremost encouraging coins or tokens to exchange, and once getting and providing. while not such data you hazard losing your well due money effectively in lightweight of the actual fact that exchanging embrace high dangers.
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March 18, 2018, 07:11:13 AM
 #73

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
That the risks are high and it needs time to fully know the vast knowledge of trading industries. However if you have experience trading in the real world you can somehow manage to catch up in no time cause i know some folks do it fast.

The odds are not always yours in a 100% chance you will trade you might profit nothing at all and also be scammed by wise scammers. HODL(Hold On for Dear Life) if ever you're bad at trading you can always HOLD/HODL. Common move for wise trader if they are bad at it or make mistake on investing.
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March 18, 2018, 07:49:29 AM
 #74

For me, the golden rule of trading crypto currency is the mandatory written fixing of orders and strategies. With an active game performed at any type of distance, the recording of planned, realized orders for each of the directions will help to calculate the average purchase price, the formation of its own sales strategy.
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March 20, 2018, 02:12:49 PM
 #75

For me, the golden rule of trading crypto currency is the mandatory written fixing of orders and strategies. With an active game performed at any type of distance, the recording of planned, realized orders for each of the directions will help to calculate the average purchase price, the formation of its own sales strategy.

Well those technicalities can be learned through experiences hence, it can take a back seat for newbies. Knowing the basics prettymuch would be enough but conditioning your mind and emotions for what may happen is more important for me to polish.

 
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March 20, 2018, 02:25:12 PM
 #76

Just remember bitcoin trading has different pattern with stock trading !

Far more risky
Far more unpredictable
Far more challenging

But it's worth because you can earn more profit than any other investment.
So basically you need guts and luck !
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March 20, 2018, 04:10:12 PM
 #77

For me, the golden rule of trading crypto currency is the mandatory written fixing of orders and strategies. With an active game performed at any type of distance, the recording of planned, realized orders for each of the directions will help to calculate the average purchase price, the formation of its own sales strategy.

Well those technicalities can be learned through experiences hence, it can take a back seat for newbies. Knowing the basics prettymuch would be enough but conditioning your mind and emotions for what may happen is more important for me to polish.
Yes,exactly!You cannot succeed in this kind of activity if you can't handle your joys,fears and sadness.Good to know if its all about victory,but its not because bitcoin is such an unpredictable coin.You'll never know when will it go up or vice versa.But one thing for sure,if you're willing to take all the risks with determination and patience,then maybe you really belong here in crypto world.Success will really come closer to you.

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March 20, 2018, 04:30:01 PM
 #78

In starting of trading cryptocurrency should be familiarize what kind of companies that have good reputation of exchange of wallet. And make the time and effort that aiming to success the goals and using good strategy.
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March 20, 2018, 05:03:02 PM
 #79

Keep a straight head and don't get emotional and panic trade is something I have learned, I have not tried my hand at day trading as I haven't had the time to focus properly but might give it a go at some point, I am a holder with high hopes.
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March 20, 2018, 05:21:46 PM
 #80

Crypto currency trading will not suit for everyone for that you need to be available 24/7 if you want to earn more money so be clear that you have enough time for that trading.Or you can do long term trades like four or 5 trades per week it may give extra earning from your investment.Nut holding can give more profits than trading.
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