Cryptocurrency trading for beginners.

[Rogers Andreas Leo]

Yes, of course, before starting cryptocurrency trading, there are some initial knowledge to get. With this you can understand various aspects of crypto trading. Which will be able to play an important role in your subsequent crypto career.
Crypto Trade is a good way to earn money from online. A cryptocurrency exchange is like a stock exchange or like a currency exchange in a foreign airport. You can make a fortune in a moment and lose it in the next whether you trade Bitcoin, another coin, or the GBTC Bitcoin trust. You need to research for trade and crypto coin. Do it at your own risk.So,with knowledge in hand,we can easilt step into the crypto market with confidence.

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[AlexZHankok]

Yes, of course, before starting cryptocurrency trading, there are some initial knowledge to get. With this you can understand various aspects of crypto trading. Which will be able to play an important role in your subsequent crypto career.
Crypto Trade is a good way to earn money from online. A cryptocurrency exchange is like a stock exchange or like a currency exchange in a foreign airport. You can make a fortune in a moment and lose it in the next whether you trade Bitcoin, another coin, or the GBTC Bitcoin trust. You need to research for trade and crypto coin. Do it at your own risk.So,with knowledge in hand,we can easilt step into the crypto market with confidence.

Why do you copy other people's comments? You must have your own opinion, and not collect LEGO from other people's comments.

[AH_Robin]

Try not to begin exchanging without information. Crypto isn't so natural, you have to find out about digital money to an ever increasing extent. A fledgling should begin by picking an organization with a decent notoriety that offers a trade and wallet. you can wind up losing all your cash in a moment in the event that you aren't cautious. So I recommend you begin exchanging with crypto information and must be learn About Crypto.

[Crypt2GO]

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[Barbut]

Good explanation from an experienced traders and I really benefits from the explanation you have give here.  If we follow this step that you have giving and the advice we would will reduce the risk of enter the market at the wrong time, been trike to enter the market at the wrong price and over trade. I will add that op also need to updating his tradings' knowledge by practicing on how to trade from demo trade before putting really money.

If demo trade engine is available, always make sure to use that first. Many different exchanges have different spread limits. A demo trading account would expose you to all those hidden details that an exchange might make ambiguous for an inexperienced user to find.

As it is compulsory for a horse rider to practice what he has learnt in his theoretical lectures, same is the case with bitcoins trader when he is willing to join trading.

He must be learning enough about what and why of trading. Once learnt, he must be allowed in practical field to try whatever he had learnt. So definitely demo trade engines are best in this regard as they give you a computer picture of how everything work.

I think it's best to start with investing. Creation of a cryptographic portfolio helps to understand the market itself. In addition, investing helps to discipline itself, which is very important in trade. After 3 months you can start working on the trend on demo account.
This is purely my opinion, because I already have experience in trading another markets.

And prior to all this, I suggest and advice everyone who is coming to or willing to come in this world of bitcoins. Do go through about what you are going to invest in. you must be knowing before coming here that what you are supposed to do and what is your goal. How will you be making things happens to archive your goal. And for all this, basic knowledge about bitcoins is necessary.

I agree with you. It is advisable to start with this:
1. You must understand an technology blockchain;
2. You must believe in these technologies;
3. You must create your first crypto-portfolio for cold investment;
4. You need to understand the dynamics of the market and how it works;
5. And after that you can start to active trading.

Its the trick with number 2 that people not aware of it, if you believe in something you believe it will bounce back if you made a wrong trade. For that you need to believe in what you trading with, and sometimes to give it a bit more time to bounce back. The trick with trading is to not be greedy, everything can be learned, but if you are greedy you will wish more and that can ruin you.
About number 3, portfolio is something that everyone should have here. Fill it with coins and tokens and that`s for holding, not trading.

[marinaborny]

Coming soon: computer analysis, tools for trading, basics of fundamental analysis and another.

Being beginner, there are so many things which you are completely unaware of and that you don’t know which thing is in your favor. You need not to make a huge investment in the start and that your only focus should be on learning of as many things as you can as this is the only thing which will later help you in so many ways and this is the most important thing you need to have to become successful in trading.

I'm also a newbie and I appreciate your advice.

[jrrsparkles]

Try not to begin exchanging without information. Crypto isn't so natural, you have to find out about digital money to an ever increasing extent. A fledgling should begin by picking an organization with a decent notoriety that offers a trade and wallet. you can wind up losing all your cash in a moment in the event that you aren't cautious. So I recommend you begin exchanging with crypto information and must be learn About Crypto.

Trading is not a hard thing but as you said it is quite risky,any one can lose their capital at any time so starting with minimum capital to learn about trading can be a good option.And also they need to decide why they are trading and it is suitable only when they do it as job,short term trading is not better to do now.

[cryptorima]

as the latest practice shows, technical analysis on the crypto-currency market does not work very well. Together with the fundamental analysis, it is possible that it will work

I think technical analysis is work very nicely on stable market. Cause I personally using technical analysis for day trading and mid term trading and without it you can't get success in trading.

[D3m1r4wanti]

knowledge and experience are very influential in trade, but sometimes analysis is only a way to waste your time. because now price changes are very difficult to predict

[LuvCyanide]

These figures in the cryptocurrency market should be known to every novice trader. In my opinion, these are basic things.

[SwaVeR]

Friends, I welcome you, I'm very glad that the previous article was useful for many https://bitcointalk.org/index.php?topic=2850179.msg29236037#msg29236037, so I decide to write a little more about trading and investments.

Trading for a beginner is a dangerous thing, so everyone should decide for themselves: not to be a beginner, or not to be a trader. Why is that?
Here are a few facts:
 1. Cryptocurrency market is highly volatile, the rates change constantly and it is almost impossible to predict the price movement up or down.
 2. Cryptocurrency market is practically not subject to fundamental analysis. Basically, this is a market relationships, or the manipulation of the market by large players.
 3. Cryptocurrency market does not have a transparent information background, no one can be 100% sure of it. Very often it happens: there seems to be believable news, but in fact it was just a market manipulation, for someone's re-purchasing or information was just incorrect.

If the newcomer wants to succeed in trading, he should study in detail 6 tools for analysis:
1. Basics of technical analysis
2. Computer analysis
3. Use of tools for trading
4. Basics of fundamental analysis and analysis of market movements in the past.
5. News
6. Cryptocurrency technologies (whether there is in general a sense in this or that technology, whether it is useful to a society, whether carries something new or it is the next fork of what that of coins).

To become a professional trader you will have to learn a lot, practice a lot, plunge deeply into the market, conduct a certain number of transactions, survive ups and downs, as well as incur certain losses.

It is this approach will allow eventually succeed and become a successful trader. Learning and knowing a certain tool shifts the scale in your favor: if initially your chances of predicting price movement are estimated at 50/50, many mistakenly think that knowing all the subtleties of trading their chances will approach 90/10, unfortunately this is not so.
Good indicators are 55/45, at best they will be 65/35, because one transaction is not indicative, it will be necessary to open many transactions and only at the distance in the theory of large numbers the results will approach the mathematical expectation. You will start to guess more often and less often make mistakes, this is the best way to succeed in trading on the crypto exchange market and this is no longer the path of a beginner. You will have to cease to be a beginner and become a professional. Or you can choose another way – not to be a trader. Do not try to predict the movement of a course, but simply buy something that has fundamental reasons for growth, buy something that is inextricably linked with cryptoeconomics. It is known, it grows, grows very violently for a long time, even when local corrections occur, even when markets or individual market sectors collapse locally. Thus, changing the approach to a more fundamental one: portfolio or index, you very often can get rid of those problems that are in trading.

Historically, in a variety of markets: foreign exchange, commodities, securities markets and other proven -traders tend not to overtake the market itself. So, for example, if you invested in all American stocks by not a lot, you would get a better result than you looked for the asset that you want to invest in now, anticipating its price movement in the short/medium term.


Nevertheless, many people try their luck in trading, because it is precisely in times when the cryptocurrency itself does not give such a rapid growth and trading comes to the fore as a market neutral strategy, a strategy that can bring you profit, even when the whole market is in the flat or in the red. After all, trading allows you to earn on the fall and stagnation of the market, not just on its growth.

So I decide to sort out all 6 tools a little, so that the beginner had the opportunity to combine trading with investment.

Many newbies I’ve known so far doesn’t even take their time to study all these things. All they do is ask how it works, and when they are given brief information, they will just take it like that without digging into the topic and knowing more about it. Trading is not easy but many people don’t know that.

[Goldleader]

Finally found a useful thread that I read and gain some knowledge

[Vaculin]

Try not to begin exchanging without information. Crypto isn't so natural, you have to find out about digital money to an ever increasing extent. A fledgling should begin by picking an organization with a decent notoriety that offers a trade and wallet. you can wind up losing all your cash in a moment in the event that you aren't cautious. So I recommend you begin exchanging with crypto information and must be learn About Crypto.

Trading is not a hard thing but as you said it is quite risky,any one can lose their capital at any time so starting with minimum capital to learn about trading can be a good option.And also they need to decide why they are trading and it is suitable only when they do it as job,short term trading is not better to do now.

Right.Trade only with a minimal amount if you're still a beginner in trading.Once you entered into trading,make sure you already know the basics and continue to read articles in trading because in trading,learning is continuous.Even experts still need to keep learning.

[devinks]

Finally found a useful thread that I read and gain some knowledge

yes after you know everything, you have to be brave enough to try it and don't be afraid to suffer losses. because when trading there are two choices, namely profit or loss. I excuse beginners if they lose because they just came here.

[Vitaly2142]

I can advise you to trade on velvet.exchange, there is a demo, training materials, simplicity and convenience of the interface. For beginners, the platform is perfect

[dron880]

By the way, Velvet.Exchange is quite a good option for trading various digital financial assets, and not just a crypt.

[charlotte04]

Friends, I welcome you, I'm very glad that the previous article was useful for many https://bitcointalk.org/index.php?topic=2850179.msg29236037#msg29236037, so I decide to write a little more about trading and investments.

Trading for a beginner is a dangerous thing, so everyone should decide for themselves: not to be a beginner, or not to be a trader. Why is that?
Here are a few facts:
 1. Cryptocurrency market is highly volatile, the rates change constantly and it is almost impossible to predict the price movement up or down.
 2. Cryptocurrency market is practically not subject to fundamental analysis. Basically, this is a market relationships, or the manipulation of the market by large players.
 3. Cryptocurrency market does not have a transparent information background, no one can be 100% sure of it. Very often it happens: there seems to be believable news, but in fact it was just a market manipulation, for someone's re-purchasing or information was just incorrect.

If the newcomer wants to succeed in trading, he should study in detail 6 tools for analysis:
1. Basics of technical analysis
2. Computer analysis
3. Use of tools for trading
4. Basics of fundamental analysis and analysis of market movements in the past.
5. News
6. Cryptocurrency technologies (whether there is in general a sense in this or that technology, whether it is useful to a society, whether carries something new or it is the next fork of what that of coins).

To become a professional trader you will have to learn a lot, practice a lot, plunge deeply into the market, conduct a certain number of transactions, survive ups and downs, as well as incur certain losses.

It is this approach will allow eventually succeed and become a successful trader. Learning and knowing a certain tool shifts the scale in your favor: if initially your chances of predicting price movement are estimated at 50/50, many mistakenly think that knowing all the subtleties of trading their chances will approach 90/10, unfortunately this is not so.
Good indicators are 55/45, at best they will be 65/35, because one transaction is not indicative, it will be necessary to open many transactions and only at the distance in the theory of large numbers the results will approach the mathematical expectation. You will start to guess more often and less often make mistakes, this is the best way to succeed in trading on the crypto exchange market and this is no longer the path of a beginner. You will have to cease to be a beginner and become a professional. Or you can choose another way – not to be a trader. Do not try to predict the movement of a course, but simply buy something that has fundamental reasons for growth, buy something that is inextricably linked with cryptoeconomics. It is known, it grows, grows very violently for a long time, even when local corrections occur, even when markets or individual market sectors collapse locally. Thus, changing the approach to a more fundamental one: portfolio or index, you very often can get rid of those problems that are in trading.

Historically, in a variety of markets: foreign exchange, commodities, securities markets and other proven -traders tend not to overtake the market itself. So, for example, if you invested in all American stocks by not a lot, you would get a better result than you looked for the asset that you want to invest in now, anticipating its price movement in the short/medium term.


Nevertheless, many people try their luck in trading, because it is precisely in times when the cryptocurrency itself does not give such a rapid growth and trading comes to the fore as a market neutral strategy, a strategy that can bring you profit, even when the whole market is in the flat or in the red. After all, trading allows you to earn on the fall and stagnation of the market, not just on its growth.

So I decide to sort out all 6 tools a little, so that the beginner had the opportunity to combine trading with investment.

Trading crypto is somehow so hard if you only know that the price will go down. Maybe at Forex is much easier because the prices are not so volatile.

[playboy654]

By the way, Velvet.Exchange is quite a good option for trading various digital financial assets, and not just a crypt.

I am not sure what type of exchange is that but when it comes to crypto exchange the things will get change,most of the people will look for the trading pairs and transaction fee while selecting an exchanges that is the reason Binance gets more reputed in very short term.

[kidoseagle0312]

For the beginners of course you need to learn the basic things such as follows:

1. Try to watch this video about trading pal, it may not be a perfect one but it can give you some tips of
    idea about it.
2. Also read this link about the basic aspect in trading https://www.investopedia.com/university/tradingsystems/

Good luck

[elwavespike]

Informative and thank you for the good tips.