Happiest
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Activity: 206
Merit: 22
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May 04, 2018, 05:31:57 PM
Last edit: May 06, 2018, 05:45:37 PM by Happiest |
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It depends on your starting capital and trading strategy. But most especially, you have to learn the act of trading and try to sample it before indulging in it. You can watch videos and tutorials on it from YouTube or probably from a mentor. When you learn that needs to be learnt, don't have the ideology that you will be making millions from it cause you won't be doing so, it take some time though.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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youdacapt
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May 04, 2018, 05:57:24 PM |
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need literacy and even join the trading community, crypto market has no demo account and everything is straightforward, need basic understanding before making a deposit and start learning about the indicators, you just create an account and learn everything regularly, I'm sure if you intent, you do not it will take a long time to understand.
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bocyaj
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May 04, 2018, 06:37:24 PM |
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Trading is very easy compared to play a chess game.If you have less stuff compared to the stuff need to play a chess game.You can start trade with 10$ minimum.Not even 100$ is needed.Some of the best trading website is bittrex,coinbase and localbitcoin.com.I had tried all this.This wallet are safest as compared to other.
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nik9990
Full Member
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Activity: 616
Merit: 100
First Islamic Crypto Exchange
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May 04, 2018, 06:37:40 PM |
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determine for yourself the budget for which you can afford to trade and determine your goals and how you will trade: short-term or long-term
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ruski
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May 04, 2018, 07:04:17 PM |
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I think before start trading you have to get good knowledge and start learning at least the basics about this field, because it is somehow risky, and if you haven't good knowledge you will lose your money most likely.
You have to learn how to choose the profitable coins, when buying and selling, and how to analyze and study the market and the charts..
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bozo333
Sr. Member
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Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
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May 04, 2018, 07:18:47 PM |
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Trading is the simple way to invest in our investment. But we should have some knowledge in Crypto platform then only we will make success in our investment. So you should clearly decide the investment methods because short term investment is huge profit and more risky investment. But long term investment is stable profit and no risky investment. If you start trading know choose the long term investment because all the coins are unpredictable in short term trading.
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d1ceplayer
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May 05, 2018, 12:08:26 PM |
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If you would like to be a good trader you will first need to have the qualities it takes to be a good trader. Yep, good traders have qualities that makes them unique. They know the right time to invest their money and they are not greedy,, no matter how much they are investing, they already know how much they can afford to lose and how much they can’t afford to lose in the business. If you can be able to have such qualities then the only thing that’s left for you to do is study everything that has to do with trading and you’re good to go. Know that there are risks involved and be ready to take the risks.
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Muwatti
Newbie
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Activity: 176
Merit: 0
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May 05, 2018, 01:23:25 PM |
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As newbie like you I don't have any experience about trading however I could start to study more about crypto trading and up to now I'm still studying and getting knowledge about investing and trading. So I don't have any advice except to study and study because they said that trading is one of difficult ways to earn profits but if you will be a professional traders someday you should tell that trading is a good way to earn money.
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Leonard2016
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May 05, 2018, 03:00:11 PM |
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You can start with small capital like 100$ but you can't expect much from that capital , Trading is a business , it is not a get rich in one night thing!
Best wallets are cold paperwallet , where you can keep the seeds in safe places , after that Hardware wallets , like nono ledgers and after that software wallet , the ones which give you the private key.
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blackandred
Newbie
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Activity: 154
Merit: 0
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May 05, 2018, 03:11:11 PM |
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at the beginning , you'd better hold some quality coins for a long time . such as bitcoin neo or eos . next , you can learn the skills and knowledge of trading .
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nara1892
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May 05, 2018, 03:17:44 PM |
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You can deposit firstly, buy btc, send it to exchange (e.g. bittrex) then trade, start with day trading or fast trading, read frequently in category announcement (altcoin) and see how active dev is, how good is vision vision etc.
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dekcutbusu33
Newbie
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Activity: 166
Merit: 0
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May 05, 2018, 03:31:46 PM |
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A basic search of how trading works, from the bottom, and then using this method is the basic method of knowing and using. Low buy method and high selling well known method, so you think it is advisable and profitable. So you will not face any loss in this matter. money. If you want to start trading, buy coins now and contact with different people to sell so you can start well in exchange.
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Ulan01
Jr. Member
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Activity: 178
Merit: 5
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May 08, 2018, 08:33:14 AM |
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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.
that's right, and not only that, you also have to go straight to the market, with little capital to start, easier to understand than everything you learn. |
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otunayode
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May 08, 2018, 08:44:15 AM |
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I suggest that you start with ethereum and get on myetherwallet to learn how the client side ethereum wallet works. About legal issue, depending on your location, most countries are favourably dispose yo cryptocurrency except regulated market like USA and China!
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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May 08, 2018, 01:41:13 PM |
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You can start with small capital like 100$ but you can't expect much from that capital , Trading is a business , it is not a get rich in one night thing!
Best wallets are cold paperwallet , where you can keep the seeds in safe places , after that Hardware wallets , like nono ledgers and after that software wallet , the ones which give you the private key.
You do not need to expect much in your early days of trading as all you should be after in this moment is knowing exactly what you are doing and if you keep sucking it up and messing up your funds while learning, then you are going to be screwed. The reason why small capital is necessary is that you are using it to practice some of the things you have learned as you keep building the confidence in your trade and things do not always go out well for a start. |
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ocid
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May 08, 2018, 04:17:14 PM |
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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.
the first step to start trading we must have enough capital, do not need big capital first to start trading the first time so we can get used from the smallest thing first. You can choose a local storage wallet that facilitates the security and convenience of its users. in kriptocurrency trade thing we need to pay attention that is to be able to study analysis of coin price movement which we will choose to trade because value of kriptocurrency very fluktuatif, sometimes increase sharply even can go down very drastically its value, most importantly should be able to choose the type of potential coin will be traded. |
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Md.Sufian
Member
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Activity: 322
Merit: 10
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May 08, 2018, 05:13:52 PM |
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To do business, get at least 50 lakhs for business purposes. Otherwise, the business will not be able to do well. If you do business in a small amount of money, then you can not do business success.
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Varavu
Newbie
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Activity: 89
Merit: 0
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May 08, 2018, 05:19:27 PM |
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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.
First, you need to know the basic and learn how to trade is gaining actual experience of the trade. You can start with the small investment possible amount and learn from trial and error method. Develop your own set of strategies without relying on the others opinion and do your own research. Best wishes and Goodluck. |
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naidray
Legendary
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Activity: 1232
Merit: 1029
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May 08, 2018, 06:44:51 PM |
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at the beginning , you'd better hold some quality coins for a long time . such as bitcoin neo or eos . next , you can learn the skills and knowledge of trading .
Well, holding some quality coins in the process of trying out long term trading is good but it is also important to always know what to always do at every point in time which makes even your holding as a long term trader require some level of knowledge. The thing here is to always count learning as the main priority because without that, anyone will just be busy doing it wrong until they lose everything. Once you are able to learn very well, while practicing, you will be able to get a strategy that pays you and that is it. |
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Frankwhite_2018
Newbie
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Activity: 22
Merit: 0
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May 08, 2018, 06:54:20 PM |
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at the beginning , you'd better hold some quality coins for a long time . such as bitcoin neo or eos . next , you can learn the skills and knowledge of trading .
Well, holding some quality coins in the process of trying out long term trading is good but it is also important to always know what to always do at every point in time which makes even your holding as a long term trader require some level of knowledge. The thing here is to always count learning as the main priority because without that, anyone will just be busy doing it wrong until they lose everything. Once you are able to learn very well, while practicing, you will be able to get a strategy that pays you and that is it. What one thing would you advise to aid my learning? It is difficult to find the good advice in these forums due to all the not so good advice.. |
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