Be a newbie trader. I avoided losing money. how?

[Aivaryamal]

The digital asset market offers excellent profit percentages and you just need to not be greedy and withdraw money periodically

[holtzmann]

This is good of you to learn before getting into the trading. Acquiring more and more knowledge will make you a successful trader. But you also need some practice – theory often differs from the real-life situations on the market. I believe that the choice of a suitable trading platform is a part of successful trading. CEX would be an ideal option, especially for beginners. You can easily buy bitcoin with fiat there (https://cex.io/btc-eur), as well as other major cryptocurrencies. Wire transfer as a payment method is free of charge. I consider it to be the most convenient exchange for trading.

[pentol86]

a good start, please try ... But based on practice, that method is not very accurate. but it doesn't hurt you try it ...

[macstrong12]

The thing i can advise is that don't get greedy and alway put stop loss , Sometimes you stick between buying or selling , In that time you need to find out if you are getting too much risk or you can afford it if you loos in that trade?

[Nellayar]

What if your bias won't be successful? You will lose money in trading even you want to avoid it. The tendency that we need to do at loss is holding. Afterwards, we cannot say that it will return or go down severely. We can cut our loss and be effective in trading, do not avoid loss in trading because it may put you to a great loss also. Try to have risk management.

[asyakashi]

don't enter when the situation is bad, follow the news developments online. especially those related to bitcoin information. I think this is very helpful because some big cases can shake the price of bitcoin. for now I'm not suggesting that you enter.

[Mehr Sher]

As newbie myself, I feel education is ONLY way. If we think that following others or using automatic system or just anything else is enough, then we are mistaken. We will not go anywhere through shortcuts and need to clearly understand that to be able to actually succeed.

I have learned from sites like Babypips, but now with FreshForex, it’s very cool with their 7-step educational guidance. So, learn and learn to earn and succeed.

[Secionz]

The market will still grow, so you can not lose money, unless you sell at a price lower than bought, just wait

But the best strategy for now is to keep on clinging to your Bitcoin and never selling one until the market is fully recovered. Another way to stay secure is to invest low in the start.

[drachman]

Probably the easiest way to avoid losing money as a newbie when you want to begin to trade is to avoid day trading, I see many newbies trying to day trade without understanding that you need to be exceptionally good to make any profits that way, at first it is better to make some trades that last for a few days that way you get to know the platform of your choice and the way the markets that you want to trade can move during certain hours.

better to practise with small amount in our first investment.we could take important lesson from market movement.and reevaluate to our analisys , is it already right or not.

I disagree, as a newbie you should not day trade it is that simple it doesn't matter how much money you are using you are never going to become successful as a newbie if you day trade, in theory it is very easy to make money in the market but you just need to ask to all the people that were trading how much money they are making in the last week and you will realize that trading is a lot harder than what you think.

[maydna]

When you are a newbie you can refer to something on tradingview.com
1.Technical:

RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.

2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading  

It is a good method for a newbie trader and I think it's enough to learn this basic trade method but we need to learn another thing to increase our skills. There are many another method that you can learn but it needs time to master the technique and if you can familiar with the basic of trading, then you can trade to make a profit. But even you are a newbie or a pro, we need to learn many things so we can keep making money from trading

[Xising]

When you are a newbie you can refer to something on tradingview.com
1.Technical:

RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.

2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading  

This is really a good thing that you have managed to learn so many things before even getting into the world of trade. It is rightly said that if you will keep on getting more and more knowledge and awareness regarding the things before starting your trading carrier and even after that, you will no doubt be able to make some very good carrier in trading and that it will help you in making of a huge money too.

I agree. For me, I think the best way is to start slow as a newbie; you should take each deal as a guide, like a stepping stone from bigger trades and ventures, rather than eyeing to get it all done in one big trade. As a newbie, you still have a lot of areas left unchecked to learn, and therefore, since every deal or trade involves money, you should think of them as critical and delicate moves rather than just trying to wing things out. The fact that the trade market is one of the more dangerous markets to be in because the prevalence of losing your venture is quite high, then you must really be technical and sure before doing any trades.

[Mr.trader]

dont look at profits at beginning learn with patience start with small quantity and practice as much as you can dont  be afraid of losing money as you are trading with less volumes practice all doubts and strategy and gain experience

[Vitaly2142]

First of all, you should familiarise yourself with the resources that publish the resources telling about trading and provide educational materials. They include video lessons, forums, professional literature or online training with traders.I advise to study the trading programs on your own with a demo account to study the financial instruments,a good platform for this is Velvet.exchange

[CryptoF007]

These days you can find alot of educational material about crypto/trading online... I suggest you to spend some time and learn from it.
The irony is that majority of people are willing to spend 200 hours per month at job for 1000$, while they are not willing to spend 10 hours for research before investing in crypto project...

[LuvCyanide]

I like this website. I sometimes use information from there. It is very important to be able to select the correct information from different sources and analyze it to make the right decision in trading.

[Nevsky]

First of all, you should familiarise yourself with the resources that publish the resources telling about trading and provide educational materials. They include video lessons, forums, professional literature or online training with traders.I advise to study the trading programs on your own with a demo account to study the financial instruments,a good platform for this is Velvet.exchange

Thank you for your advice. I think it will be very useful for new users. I was impressed by the project. I have not seen such a large functionality. I think if Velvet.exchange makes more trading pairs, it will be a big success. Institutional investors are not asleep, for many OTC platform will be a salvation. And the main thing is a pure legal field for legal entities.

[bedford1972]

When you are a newbie you can refer to something on tradingview.com
1.Technical:

RSI (Relative Strength Index) (14): RSI <30, oversold => should buy. RSI> 70 - overbought, you should not buy at this time.
Fibonacci: There are Support and Resist. When prices hit the S, P, R levels, the price will rebound, so You pay attention around S, P, R levels.
You should buy (support) and sell (resist) around these areas.

2.Chart:
The result is Bollinger Bands.
You can refer to the Bollinger Bands here: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:bollinger_bands

These are just some of the simplest indicators for beginners to trade as they are to have safe levels, avoid losing money.
I am also a newbie sharing knowledge so expect people to help. Thank you for reading  

Good tools for making money. With this set of tools the opportunity to earn increases. In addition, I would add a volume indicator. With their help, you can understand whether to enter the coin. If you learn how to use these indicators, you can learn how to use divergence.

[D3m1r4wanti]

this is a very good reference, but the most important thing for a beginner is learning, learning and continuing to learn, trade analysis is indeed very difficult to master but if you can master and analyze price fluctuations in the market then you can get success in trading

[NotFomo]

For newbies in trading, I would advise to gain experience on exchanges that have a demo version, I know for sure there is such an opportunity on the  Velvet.exchange and some forex brokers also add cryptocurrency pairs and there is a demo version.

[dron880]

Also on the stock exchange Velvet.exchange there are training materials on trading and tips for beginners, which will greatly help the novice trader.