What I Should Know Before i Start Trading Cryptocurrency

[lum_dog_millionaire]

Regardless of any trading whether it be in crypto or on the stock market, always be sure to remember one simple rule: "Never invest more than you can afford to loose".

[dekcutbusu33]

You can still make money by just holding but what you can do if you are going to trade Day trading or active trading is not easy and you must learn from mistakes and have a perfect trading strategy. You also need to learn how to join a trading group that can gives you signals and news about the coins or stocks you are trading in exchange.

[Allura74]

First thing you hould know is, that you should not start in cryptocurrencies trading if you dont have any experience about trading or knowledge. This means, when you dont have ever tradet in the stock market, you will loose all your money. So before you start, you need to learn a lot about trading and about cryptocurrencies. This means you have to do a lot of researches, study stuff and more. So when you learned this and you watch the crypto market for at least three months.

I think the most comfortable way to start trading is to learn about bounty campaign and participate, after we have receive our bounty token then its a virtue of no choice but to trade it into bitcoin and there you will understand the value of your coin and the bitcoin, so later spare time to learn about basic trading and use your new acquire bitcoin to venture another trading with strategy base on your knowledge gathered about trading.

[Ryanpogi]

the first thing you do is identify the cryptocurrency carefully. Let's take a look at what's going on without losing the money you earn. Research you to train Your. self.

[cheezcarls]

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?

Hey there, I think that is a good question that you are asking right now. Some important things that you need to know before starting to trade in cryptocurrencies is that you should know the bearish and bullish cycles that happened every year. Of course, the market is so unpredictable nowadays. Long term holding is good if you do not worry about the future market crash (like what happened in The Great Bitcoin Crash from mid-January to early April).

[frillyblockG]

Hodling has no relation with this and so trading doesn't literally means hodling.

[arjen18]

For me i think you should start in trading by studying first or reading some forum here on how tradings work much better to have an idea first before you start as a trader

[goku1525]

For me i think you should start in trading by studying first or reading some forum here on how tradings work much better to have an idea first before you start as a trader

Read the articles behind because it's too risky when it comes of trading it has a possibility to loss our coins. I think you can gain knowledge by watching some videos and collect information of others who experience successful trades.

[Insanerman]

It is not just about hodling or selling, there is so many things to consider when you do trading. You must be ready to all possibilities positive and negative, you will lose easily if you don't know what you are doing, you will not be a good trader in just one night, a week or a month sometimes it takes a lot of years depending on how hard you study and doing some actual trading. Familiarize yourself with the relationship of volume and price, technical analysis is also important things to consider, choosing good exchange platform, and dealing with you intuition or emotion.

Books can also help you, but I do not guarantee it. You have make it by yourself.

[Webetcoins]

For starting the trading business you need to have some trading capital and apart from it, you need to have some sound knowledge about trading. Make sure that you do enough practise before going for live trading.

The most important thing that a trader needs to do before getting into this profession is developing a good understanding of market and the asset he will be choosing. For example, bitcoin is the best asset for crypto trading but most difficult one too. Only that person who has some foresight and trust can earn profits. Like you said, ins and outs of this profession is also supposed to be learnt.

[jerry3k5jamiso1]

It is important for you to enter into the cryptocurrency market that is the basic knowledge of crypto, blockchain, technical analysis of candlestick charts, analysis of market trends. Once you have mastered this basic knowledge you should invest in the beginning with a small amount of money, after understanding and having experience with this market, invest more. If you really try and a little luck you can succeed in this market.

[dead_m92]

The most important thing that you should know, is that you can easily lose all your money if you do not know how to manage it, how to manage the exchange, and of course, your funds.
It is more than necessary to know all this stuff before trading.

[kingkonjac]

Patience is the key in the success of trading and controlling emotions is crucial in terms of success in trading, if you can lean on these 2 things than chances for win are higher.

[voztata]

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?

Hey there, I think that is a good question that you are asking right now. Some important things that you need to know before starting to trade in cryptocurrencies is that you should know the bearish and bullish cycles that happened every year. Of course, the market is so unpredictable nowadays. Long term holding is good if you do not worry about the future market crash (like what happened in The Great Bitcoin Crash from mid-January to early April).

Basically, trading is all about buying and selling at appropriate time and rates. The main principle of traders goes like this, “buy low, sell high” and that is only possible if a person has some knowledge regarding his coin and the future of this market. As far as fluctuations are concerned, both up and down trend of market are important. Former allows to sell high and later one is essential for buying low.

[birzh0]

The first thing you need to know about trading cryptocurrency is that there is no guarantee of any sort that you will make money as a result of trading. In fact you may lose all you have while trading. Know what you are doing and be safe.

if you dont have enough coins and brain to rule the market - be prepared to loose. Or just dont be surprised when it happens.

[Osarman]

The first thing you need to know about trading cryptocurrency is that there is no guarantee of any sort that you will make money as a result of trading. In fact you may lose all you have while trading. Know what you are doing and be safe.

if you dont have enough coins and brain to rule the market - be prepared to loose. Or just dont be surprised when it happens.

More than the number of coins, it is brain that can save a person from losing money. It is only possible if a person gathers good amount of information regarding his coins and trading. He must pay a close attention to the changing market daily and whenever there is a prominent boost or fall in the price, he should sell and buy coin respectively. In addition to this, courage and persistency with patience matter a lot.

[KlepZ]

when trading you must know the way first so you do not lose your money many cases when trading but they do not know how to trade and get profit for Hodl and Shell I suggest Hodl coin you because cryptocurenncy very hard to know with our mind

[Souldream]

when trading you must know the way first so you do not lose your money many cases when trading but they do not know how to trade and get profit for Hodl and Shell I suggest Hodl coin you because cryptocurenncy very hard to know with our mind

The one thing that you should know when you're already decided to start trading cryptocurrency is learn and know how to control your emotions and have a long patience because in trading you couldn't tell that you could get a good profit everytime you trade your coin or whatsoever that's why all of the traders are treating patience as a virtue.

[mia khalifa]

I think you should know to start trading and you can make for the capital expertise you have to get a very big advantage is you have to know what makes the price move up and down so that there can know a good position to buy and sell , the expertise will provide a lot of benefits.

[TRAID]

You should know that you will lose money...guaranteed. The more money you lose, the better trader you will become. Trading experience and knowledge is very expensive, but it can make you a very rich man if you stick to it.