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Author Topic: How to start trading?  (Read 2204 times)
liivii
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May 01, 2018, 10:11:17 AM
 #61

Going to trading industry is not that easy and you must need enough knowledge before going into it. At first you must understand the terms they always used here in trading industry and how to deal everyday with the coins circulating in the market. And when you do have the knowledge the next thing you must have is the capital to start with, any amount will do as long it meets the minimum amount needed to buy a specific coin. Now you have the knowledge and the capital the last thing you will do is the search a coin that you think the capabilities of rising in the future.
parthgajjar
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May 01, 2018, 10:17:11 AM
 #62

Going to trading industry is not that easy and you must need enough knowledge before going into it. At first you must understand the terms they always used here in trading industry and how to deal everyday with the coins circulating in the market. And when you do have the knowledge the next thing you must have is the capital to start with, any amount will do as long it meets the minimum amount needed to buy a specific coin. Now you have the knowledge and the capital the last thing you will do is the search a coin that you think the capabilities of rising in the future.
I think your comments are absolutely correct but you still lack a very important point in the psychology of trading. This is a new market and still young so it is dominated by the psychology of investors, they are cautious and worried because not much experience in this market. Therefore, if you are new to the market, I think you start the trade with $ 100 to be able to reduce the risk and get to know the market.
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May 01, 2018, 10:20:52 AM
 #63

Trading is full attentive job and complete knowledge,without knowledge you cant perform well.Gain knowledge and expertise and invest in different coins to diversify the investment. Dont take decision in panic if market going down hold till become stable.

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May 01, 2018, 10:20:59 AM
Last edit: May 03, 2018, 10:00:22 AM by dynospytan
 #64

Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.

If you want to start your first trading, you have to learn about trading knowledge like analysis, money management, and trading psychology from books, video, professional person in trading, etc. All of them can be 'a gun' to start your trading. Without of them is like gambling. Second, you can try demo account first before you start in real account and always evaluate the result. Make sure you can do it easily, so you can start your trading.
Osarman
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May 01, 2018, 10:25:07 AM
 #65

Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
one thing you need to remember trading activity is an activity that has a risk so if you are just starting in trading activities of course there are some things you should consider.

the first is that you have to do a research on crypto that has pretty good potential for trading.
the second is that you should start a small trading activity, so I mean let's just say you're learning how to be a good trader so do not start a large trading activity.
if both of these things you have done I am sure you will slowly have instinct as a reliable trader, because I think a trader must have a strong enough instinct in choosing the right crypto and looking for the right time to buy and vice versa that when to sell.
The ultimate advice would be to learn first. Whatever you are going to start from zero you have to learn about it before. If you are just ignorant about it and you really don’t know what all this thing work, you wouldn’t be making any profit out of it. So here, in bitcoins, same rules are implemented. You must know what your coin is and how better it would be for you and for others.
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May 03, 2018, 06:10:34 AM
 #66

I do not think there is a hard rule to start trading. all you need is to find out a good exchange site and decide which coin you will choose. and if you are going to spend <$ 100 then I advise you to choose the exchange that has a small cost and also coin that is not too expensive.

That's right, but it's not just capital and a desire to start trading. because trade has a high risk of loss. So it's as good as his first research to reduce the risk and I think all the coins are good enough to trade, if we're good at taking advantage of the opportunity to make a profit.
cruzjoel12345
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May 03, 2018, 07:51:39 AM
 #67

I think you can start watching videos on youtube how to start trading and learn the basics like reading chart and the basic of candlesticks. After you learn you can try to trade in binance much better if you have big funds in trading to get more profit.
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May 03, 2018, 08:23:31 AM
 #68

I suggested you to watch videos on youtube how to start trading you must learn how to read charts and the basics of candlesticks. Trading is so risky you can loss your money in a minute or gain profit in a minute so be careful invest what you can afford to lose.
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May 03, 2018, 08:37:44 AM
 #69

i just finished read book about mechanism of trading.
Sometime ago, i was good in forex trading, but after that, i lose all my money.
So you can try, if you understand:

- risks,
- money, you can lost,
- you stop deal of day
margert
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May 03, 2018, 09:10:41 AM
 #70

I think that at this stage we should not start with technical analysis. It's gonna take a long time. In intraday trading you will lose all your money. You need to determine for yourself a few coins that can grow in the near future and that are traded on a good exchange.
I believe you can trade at this point, you can see that today's bitcoin price has gone sideways, but according to my technical analysis, at present bitcoin prices are trending converge and prepare for a next strong rally. So I believe you can buy and trade bitcoin at this time. Have a specific plan for profit and loss to be able to trade successfully.
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May 03, 2018, 10:19:23 AM
 #71

Many years earlier my choice was btc, but I've changed my mind on that to make more profit with daytrade, and now it is Ethereum and others top 5 coins
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May 03, 2018, 10:42:22 AM
 #72

I think that at this stage we should not start with technical analysis. It's gonna take a long time. In intraday trading you will lose all your money. You need to determine for yourself a few coins that can grow in the near future and that are traded on a good exchange.
I believe you can trade at this point, you can see that today's bitcoin price has gone sideways, but according to my technical analysis, at present bitcoin prices are trending converge and prepare for a next strong rally. So I believe you can buy and trade bitcoin at this time. Have a specific plan for profit and loss to be able to trade successfully.
It can be done accordingly if you already have specific plans, the more you study and learn each things that will give you much better chances to earn, the market is volatile and the we need to be more familiar from how the sway and fluctuations, well personally I'm positive that the trend will begin to rise
little by little and after several months it will bounce back again from what its value before the year end last year.
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May 03, 2018, 07:16:25 PM
 #73

The main foundation will be to make the trading.There is nothing to do with speed,to work slowly and to learn.To learn about trading, first thing is to know basic things as well as to keep in mind the market.You should see the prices in the market and many people are deceived for not understanding,so you have to be aware of all aspects.Aside from keeping stock market information, you'll need to watch videos on YouTube and keep up with experienced people.
It is an easy step but be prepare for it first. One should get enough knowledge to enter in this business after which the person would be able to run and start trading without any hurdles but the most important thing is knowledge. Now setup or create an exchange account and select your desired coin after which place your coin for selling through your exchange account that will provide you the path of selling.
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May 04, 2018, 11:56:29 AM
 #74

I think you don,t have need to any wallet you have $100 to trade so i think you should put all over the funds directly to the exchange and after decision which is the best coins for to start trading directly,
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May 04, 2018, 12:05:37 PM
 #75

Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
Sure you can start trading with $100 too,but it may not be enough for trading bitcoin,so start with some altcoin.You need to find the exchange first I suggest you to go with Binance because it is one of the reputed exchange so it may suit well for beginners too.If your country didn't ban bitcoin then you are free to start trading.

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May 04, 2018, 01:26:52 PM
 #76

I think this question you should follow the experienced person learning and directing you will be less risky. Because if you misplace your property, you will lose it completely and you will not be able to get it back, so be careful not to be too reckless when you are younger on the Crypto market.

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May 04, 2018, 01:32:08 PM
 #77

I think this question you should follow the experienced person learning and directing you will be less risky. Because if you misplace your property, you will lose it completely and you will not be able to get it back, so be careful not to be too reckless when you are younger on the Crypto market.
Even the experienced person don't know exactly how the market is going to react but learning ang getting tips from them is good but I doubt that no one will share the secret of success with others so try to learn your own secret from your own experiences.

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May 04, 2018, 04:34:30 PM
 #78

1).Join Multiple Trading site Like Bittrex,Binance,Bit-z
2).Beware From Scammer If You Want To Buy Or sold Bitcoin You Can Go Localbitcoins.com & Cryptoaya.com
3).You can start at conducting a basic search on how the trading works though,start from the basic , and then use this method it's a basic method that knows and use.
4). You Have To know About RSI,MACAD,EMA,BOlliengerBand These Indicator is very Important in Tr
ading You Can see These indicator on Coinigy.com
5)Most Important Thing You Have Too wait For dip I invest money When People withdraw their Money  When Bitcoin Dominance >40% Then Invest in Altcoin
6)I secure This week More then 3k+ Profit From TRX,DGB,SC,XRP,ADA,Hydrogen
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May 04, 2018, 05:15:46 PM
 #79

If still a beginner would be better to use a small capital first because to the rapidly growing price of bitcoin and altcoin one has to be able to observe the charts regularly in order to earn income every month and always be patient waiting when the price is down.

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May 04, 2018, 05:19:59 PM
 #80

the first thing you  must do before wanna make a transaction is create an account on the crypto exchange you wanna trade in. however, i think You should find someone with the knowledge of trading that conversant with you to get the facvor, because the steps  to have a successful transaction are quite complex. In addition, you can refer to video tutorials from various sources.





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