Arlette Foxsparkle (OP)
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April 21, 2018, 02:05:34 PM |
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Hello everyone!
Almost one month since I was started here in crypto world. Can you give me an advice what are best way to earn additional profits aside from participating in a bounty campaign and joining in some airdrops. Someone's told me that investing and trading is a good way to get more profits but I don't know how yo start.
What are the difference between Investing and Trading? Which is good for begginer like me?
Can I start in small investment and trading?
Please share your knowledge and experiences.
Thanks
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loicuagio1979
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April 21, 2018, 02:27:02 PM Last edit: April 23, 2018, 01:18:01 AM by loicuagio1979 |
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There are some main differences between investment and trading are: Investment: indicates middle and long-term holding and selling when have expected profit. The duration is from 1 month and above Trading: indicates short-term buying and selling when have small profit or cut loss when your loss reaches your target. The duration is less than a month, even some seconds For a newbie, I think that it's better to invest a little money first. Because you'd better don't try looking world beautifully. Hunting tools never hand to anybody but successful hunters if you don't really wanna put together with body in the tomb. Best regards
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The Sceptical Chymist
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April 21, 2018, 02:36:35 PM |
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you'd better don't try looking world beautifully. Hunting tools never hand to anybody but successors if you don't really wanna put together with body in the tomb. Best regards
DA FUQ are you talking about?
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ldah94
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April 21, 2018, 03:20:29 PM |
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If you want to increase your profits, starting trading is a good option but you must take into account that the risks of losing your money are high, so you must have basic knowledge of technical and fundamental analysis of the currency, my recommendation is that you start with small amounts while you practice and you are acquiring experiences
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khufuking
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April 21, 2018, 03:32:41 PM |
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If you are new to trading then I will advice you to stay away until you learn the art of trading crypto because trust me even if you are forex pro you will look like an idiot trading crypto Tradview have a lot of example of what I say . On the other hand investment in ICOs might need less experience but you still need to do you homework about regarding the project you will join . Few tips for ICO . Check the team behind the project you are joining , if it is shady skip the project . Join an ICO that have good hype , ICO with hype most of time have good liquidity after ICO finish in term of trading . Always join in the early phases which have huge bonus , That way you will be already have an advantage vs others in term of price and profit . There is still more tips but I think that is enought for you to start with . ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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tegarp90
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April 21, 2018, 03:37:06 PM |
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If you're a newbie, don't do a daytrading, because it's just can make you broke because u experience-less. If you want to trade, just buy a cheap good coins and hodl it for months
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wireless1889
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April 21, 2018, 03:44:27 PM |
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You should just invest and buy bitcoins then hold it. Since you are a beginner trading may be difficult because you might lose bit of profit here if you don't know what to do. You can learn in process anyway so it may be fine. Investing will give you profit even if you only exert a little biy of effort doing this. You might get profit in trading also but it needs effort and you have to be mindful with all the deals that you will have in trading.
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Luigieee
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April 21, 2018, 03:46:30 PM |
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Im beginner too but i have a little knowlegde about tradinh and investment,and i thougt it was the same strategy when you do it like buy in low price and sell in high price,for example you want to invest you should know the possibilities of the price when and where it can be move.
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layoutph
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April 21, 2018, 03:49:10 PM |
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Dude, if you have faith in Bitcoin. Buy now while the price is already at the floor. Then save it from a safe Bitcoin wallet. Next hold it, count months and years. Then expect 3x to 10x of profit. Hello everyone!
Almost one month since I was started here in crypto world. Can you give me an advice what are best way to earn additional profits aside from participating in a bounty campaign and joining in some airdrops. Someone's told me that investing and trading is a good way to get more profits but I don't know how yo start.
What are the difference between Investing and Trading? Which is good for begginer like me?
Can I start in small investment and trading?
Please share your knowledge and experiences.
Thanks
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charlotte04
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April 21, 2018, 03:50:13 PM |
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Hello everyone!
Almost one month since I was started here in crypto world. Can you give me an advice what are best way to earn additional profits aside from participating in a bounty campaign and joining in some airdrops. Someone's told me that investing and trading is a good way to get more profits but I don't know how yo start.
What are the difference between Investing and Trading? Which is good for begginer like me?
Can I start in small investment and trading?
Please share your knowledge and experiences.
Thanks
If you want to go trading then you have a long way ahead of you my friend. You are going to incounter a lot of failures and losses, but that would serve as a lesson for you and will eventually become a good trader.
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Darerando
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April 22, 2018, 06:21:47 PM |
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The best recommemdation i will give is to spend more time in research amd reading.
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MintDice
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April 22, 2018, 07:32:12 PM |
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Start slow, invest and hold it offline in a wallet for at least a year. That's not to say hold all of your funds, you can keep a little of what you invested on an exchange platform (geared towards traders) in order to familiarize yourself with trading practices. You deem what is 'a little' and what you can afford to lose. Mind you, when you first start trading there will be a significant learning curve and a lot of 'bad' can happen during this period, like losing all your funds and not knowing when to stop. That's why many people are reluctant to suggest day-trading to a newbie. That said, you can begin learning basic principles such as pattern recognition and even some technical analysis through tutorials on youtube. Some suggestions are Coinmastery and DataDash channels. Overall, though, do your research!
Cheers
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crazyaspinoy016
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April 22, 2018, 09:34:26 PM |
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Theyre saying that investing is not for fainthearted ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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bimbie
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April 22, 2018, 09:58:40 PM |
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I am a beginner also and I don't have a lot of experience here in bitcointalk,I don't go for investing and trading but what I tell is first you need to prepare yourself before doing both because you will encounter loses in your way.
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