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Author Topic: How to become a trader?  (Read 2339 times)
cfif123
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May 04, 2018, 07:45:47 AM
 #181


I think you should join the market because it will teach you skills such as managing greed and fear.
I think to be a merchant it's better to join the community in bitcointalk, because that's where there's going to be some who want to teach you how to trade good and good. because to be a trader is not easy and the risk is also quite large later
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crazycatwoman03
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May 04, 2018, 08:24:27 AM
 #182


I think you should join the market because it will teach you skills such as managing greed and fear.
I think to be a merchant it's better to join the community in bitcointalk, because that's where there's going to be some who want to teach you how to trade good and good. because to be a trader is not easy and the risk is also quite large later
Based from my experience, it is easy to become a trader but becoming a good trader is not. It takes a lot of patience and understanding of the market, and dealing with personal emotions when you are going to trade or if there is a current dump is the worst part. I was once a newbie trader and have also mistakenly participated with the dump. It was not my intention to sell if it is not for financial needs. Bitcoin was about $1 800 back then and it always come to my mind that, "what if I didn't need money that time?". I could have gain a very big profit from that. Anyways, as much as I want to regret that move I can't because it already happened. The money was used for a good purpose anyway.

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May 04, 2018, 11:54:33 AM
 #183

study the basic candle sticks it is need for the begginer....can see that the market is volatile and complex, so becoming a trader and being able to trade successfully takes a lot of time and money. You need to learn a lot of things and also have to spend a large amount of capital to be able to experience the reality and give the experience and lessons for yourself. The market is volatile and difficult to predict so you need to have a clear and concrete plan before investing....
The very first thing which you need to do to become a trader is that you need to make up your mind that you must become a trader and that you will remain firm in your decision even if you suffer a huge loss in trading. After that, you need to start learning different basic things which can help you in having a fair idea of how things work in trading and that you need to start with less coins to get some experience first.
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May 07, 2018, 10:44:52 AM
 #184

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

to be a trader I think it is very easy you just need to use the capital and you just need to buy it after selling just sesimple it, after buying after that save until the price goes up and back green after that you can sell it. just as simple as that.
It is easy to jot down the strategy of making money in the trading market but not easy to execute it. You need a lot of courage and patience for following it in the right way. There are many people who follow this rule but never succeed because they cannot stand the crisis of the crypto market. You need to be       strong enough to keep pace with ups and downs of the mighty market. This is how you can earn money.
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May 08, 2018, 09:33:01 PM
Last edit: May 12, 2018, 09:31:16 PM by Omega Weapon
 #185

I think that there's nothing so complicated. Just put a % of your fiat money into crypto and try to play among the rates of alts and btc at one of the available exchanges.
It is not complicated if you do not care about you profits and your losses, then you can do what you are suggesting but you are going to become a loser trader, but if what you really want to do is to earn a significant amount of money with cryptocurrencies by becoming a trader then it is going to be very complex, because every trader is looking to do the same and they are not going to give you their money without a fight.
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May 08, 2018, 09:46:15 PM
 #186

One of the greatest rules of trading is to protect and keep your first deposit, not a profit, and calculate the money with the interest rate of the money in the account, not with the USD. Then you should analyze the news truthly and learn the technical analysis (even if it doesn't work in cryptocurrency). You can find as many sources as you want on Google and on YouTube to learn.
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May 08, 2018, 11:14:47 PM
 #187

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
For some people becoming a trader is easy but it is not that much easy because you will play with your money and if you will play with money then you will need a high profile knowledge for that. You have to take some classes in any institute to learn the trade or if you do not have any then you have to ask for help from any expert trader who is earning a good profit and is successful in this field.
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May 09, 2018, 02:38:31 AM
 #188

I agree to what your friends that you should start with the basic first. Before you start trading, learning is the key point. One should learn how a trading works and what a trader should do. So, you must read, research and study more. If you think that you are already ready to trade, it must be best to start a little amount first as a practice.
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May 09, 2018, 05:06:34 PM
 #189

From my point of vision with the development of the technology world that's currently very rapid growth, lately the world geban in sparking with the emergence of a new technology called cryptocurrency
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May 09, 2018, 05:43:10 PM
 #190

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.


To be a successful trader, you must be willing and eager to learn and adopt knowledge about the basics of trading. You must set aside too must emotions for it especially if the market is in red. Bear in mind that crypto is volatile and there will be sudden changes at times so you must always be ready for it.
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May 09, 2018, 06:10:09 PM
 #191

Thanks for that.
Correct, the hard part is how to be a good trader. Actually make it a better trader.
Your emotions should not be included with every decision that you will make.
You always need to be wise and think like a businessman. A little profit shoulf do good. Learn how to escape just right before a bear comes.
Hard to predict the market so better take the safe road.
Trading is not a tough task. You can simply buy bitcoin, then go through any exchanger for bitcoin as well as altcoin trading. But, to be successful in trading. you have to learn a lot, be cool, be patient and have confidence in your trade. Never be panic.
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May 10, 2018, 05:34:17 AM
 #192

to be a trader I think it's very easy you just need to have capital to buy bitcoin after that do buy and sell bitcoin until you get a lot profit snagat, do not sell when you have not get profit.

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May 10, 2018, 09:39:39 AM
 #193

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
Start with collecting the most useful information about the crypto and the market. learn the terms that are connected with trading. Find the useful content like this one: https://www.youtube.com/watch?v=FVgxE1Gbfl4
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May 10, 2018, 01:02:23 PM
 #194

Cryptos can make a digital currency that uses cryptography as a security system, so that the resulting currency can't be falsified
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May 10, 2018, 03:26:55 PM
 #195

To become a market trader in the cryptocurrency market, you should read all the market knowledge where you see it. For example: in books, in newspapers, in news, in advertisements, etc. You should update your news frequently and continuously to become a good trader.

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May 10, 2018, 04:15:02 PM
 #196

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.

For me, just feed yourself with reliable resources and advises coming from experts or accredited training course. Surround yourself with people who have so much experience in trading digital currency or even stock or bonds. Most specially, just have the habit to practice and discipline yourself in any ways.
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May 10, 2018, 05:38:41 PM
 #197

as a beginner if you want to be a trader then all you need to do is find as much information as to be a good trader and a profitable way of trading, start with a small amount and you will learn from your experience
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May 10, 2018, 06:34:55 PM
 #198

Im a begginer for the trading but my friends that teach me how to join and how to work in trading sites. They said that you need to remove your emotions because emotion is the best enemy of a trader. And second is study the basic candle sticks it is need for the begginer.
Well don't want to say something wrong but I think this is not enough for trader.
How many books you read about trading? How long have you been in crypto? Do you have any experience with buy\sell BTC or ETH?
You read a lot this forum? Are you sure? There are a lot of stories how people joined market when it was high and sold all on the deep. As a result they lost from 30 to 90% of their deposits.
Trade only your money, no loans, no credit cards. Only your free money and starting with 100$ or less it would be great? That's enough for start I think.
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May 10, 2018, 09:47:26 PM
 #199

as a beginner if you want to be a trader then all you need to do is find as much information as to be a good trader and a profitable way of trading, start with a small amount and you will learn from your experience
To me i would l like to say that trading is a profession and not a game if a person want to become trader he need to fulfill all the requirement and must adopt the qualities of a good trading, for becoming a good trader one need to spend a lot of time in this field and when he become too much experienced in trading then should invest a big amount of money. Otherwise a lot of people have lost money in trading because of having no proper knowledge about trading.

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May 12, 2018, 07:36:35 AM
 #200

Cryptos can make a digital currency that uses cryptography as a security system, so that the resulting currency can't be falsified
That is how it goes. Bitcoin does have cryptic in its implementation as well other digital currencies making them secure. Blockchain technology has given us the right meaning of security. Moreover, it is anonymous to use bitcoin but there are centralized coins too that I don’t like. As far as the topic goes, a person needs to learn about digital assets especially the one he chooses for trading.
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