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Author Topic: How to start trading?  (Read 2262 times)
stepwilli
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May 18, 2018, 04:40:14 AM
 #161

you can buy bitcoin and start for trading at any price depending on the money you have but it would be better if you buy when the price goes down and start with a small amount so you can learn to earn profit and you will not lose too much
Bitcoin was indeed the right suggestion if someone plans to become a trader. Even if has small amount for investing, he still can make good profits from trading. The volatility of this crypto currency allows traders to make good amounts of money. But I would like to advise something. A bitcoin trader must trust his coin and read it thoroughly because this is the most challenging asset known ever.
As for me the best way to start trading is to participate in a bounty campaign because after the end of campaign we will pursue to learn trading to sell our bounty reward into our desired coin, so after we have experience the taste of profit from trading then surely we will have to dig more about trading to venture this new source of income.
It is very wise to join a signature or bounty campaign and earn without spending a single penny while learning the trader's way at the same time. Once you have gain some bitcoin or any other crypto currency, which if hope would be at least volatile and strong, you must start trading with a very small amount. No matter how many articles you read, real time scenario is always different.
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May 18, 2018, 05:08:07 AM
 #162

you are first timer.I think you need to learn more about trading first not only on actual trade.you can watch videos and learn how to read the chart of crypto there's a lot to learn.and all altcoins is good.and after you learn how to trade try yobit,bitrx,binance.
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May 18, 2018, 06:21:57 AM
 #163

Judging by your question, you still need to spend a lot of time studying the question. And only then try to trade
redsun114
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May 18, 2018, 08:59:55 AM
 #164

You need to educate yourself first. Read tutorials, watch videos.
As for crypto, I'd recommend to start with btc or eth. It's easier to start with them as they have the biggest market.
Then choose a beginner-friendly exchange like cex or coinbase. But better keep crypto in your own desktop wallet after buying, because even the most secure online platform can be hacked. There are many wallets -https://www.finder.com/cryptocurrency/wallets

You can start trading provide you meet the eligibility criteria. Before entering the market, you need to have some knowledge about the technology you are going to deal with. This is of prime importance. Second, you need to be efficient in basics like finance and economics and need to understand the market structure efficiently in both short run and long run.

About the tricks and tactics, I would say practical involvement in an activity is far more appreciated than just seeing people doing it. So what I want to say is that invest little to trade with in the start.

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May 18, 2018, 02:45:57 PM
 #165

You should:
1.Learn different coins
2. Develop a comparison between coins and their features.
3. Learn technical analysis especially chart analysis
4. Follow instructions of seniors and expert.
5. Go through this group

hey i'm new also in trading. Can you tell me that where can i learn this.have any telegram group or website??
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May 19, 2018, 08:48:02 AM
 #166

To start trading successfully, you need to get acquainted with all the information that relates to the cryptocurrency market.
And let's find out about specific deals, so sure not to take risks, we should focus on learning market experience. Do not rush to stumble, you will lose money if you are impatient and do not update information on the market often.

goku1525
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May 19, 2018, 09:25:35 AM
 #167

To start trading successfully, you need to get acquainted with all the information that relates to the cryptocurrency market.

And let's find out about specific deals, so sure not to take risks, we should focus on learning market experience. Do not rush to stumble, you will lose money if you are impatient and do not update information on the market often.
Explore more about trading site and get more learnings in different individuals who involve in trading.As a trader, don't let our emotions higher than our decision making in terms of trading because that's the number one reason why we encountered difficulties and losses of coins.
mudasarali43
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May 19, 2018, 11:14:46 AM
 #168

I think if you wants to trading then don,t sent your bitcoin in any wallet you have a good option to transfer your bitcoin in exchange directly instead of sending to the wallet because you wants to trading and trading is only you can exchanges,
00DKM@
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May 19, 2018, 01:47:41 PM
 #169

You should refer to the following factors to prepare for the start of the crypto market:
- Prepare investment fund 1k-> maximum possible (For new people, should invest <10k)
- Monitor the market and select the long-term or short-term coin to match the trend.
- Prepare psychology and confidence in the crypto.
- Find the right time and do not miss good opportunities when there are signs of good investment.
- Refer to strategies and analysis of famous people in the trade and crypto community such as Crypto Yoda, Whalepanda, Crypto Bully. (They have great insights and appreciation for trends and market movements crypto)
shaadsufi
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May 20, 2018, 12:55:36 AM
 #170

Start with it and try to learn crypto trading and get more and more experience from this and after that start when you are sure you can now trade at bigger level then invest big amount and start trading.
lehuong
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May 20, 2018, 01:05:42 AM
 #171

If you want to know how to trade bitcoin then you must first learn about it and learn the transaction, you can go to the forum asking experienced people or you can learn more about youtube.
francesyrus
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May 20, 2018, 01:14:26 AM
 #172

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.

For newbie like you that want to engage on trading the best thing to do first is to study the system of trading. Maybe you should attend free seminar about trading or read informations on thread here it is very helpful. Next is to study the coin that you want to trade to, read its history so that you will know something about that coin like its highest and lowest price history.


alizalela7
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May 20, 2018, 02:02:45 AM
 #173

If you want to transact it, you have to look it up through the website and you join the bitcoin community to spread the experience, so I believe you will make a good bitcoin deal and good luck.
raider150shifter
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May 20, 2018, 02:56:22 AM
 #174

It is easy to start trading, you just need to invest time and effort Smiley
tips what to study:
Chart formation
Support and Resistance
Candlestick Reading
Chart Indicators
Chart Strategies
JackdunR
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May 20, 2018, 09:10:59 AM
 #175

you are first timer.I think you need to learn more about trading first not only on actual trade.you can watch videos and learn how to read the chart of crypto there's a lot to learn.and all altcoins is good.and after you learn how to trade try yobit,bitrx,binance.
Yes, watching videos is the best and most cumbersome way of learning, because watching videos gives them more detailed instructions in words and images that learners will quickly understand. Before entering the Crypto market, I still learn through the videos on youtube
Denker
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May 20, 2018, 09:40:01 AM
 #176

It is easy to start trading, you just need to invest time and effort Smiley
tips what to study:
Chart formation
Support and Resistance
Candlestick Reading
Chart Indicators
Chart Strategies

Yes to start is probably no big deal. But being is successful trader is definitely is.
Or why do you think more than 90% of people who try trading are losing more money than they are making?!!
Trading is pretty tough and very competitive. Think about it like a game, but with real money.
If you don't have enough skills, you will lose.
Therefore I recommend to study the basics first (lots of free material out there in the internet, youtube etc.).
And then begin with paper trading and see how you react when you lose. I know many people who already get nervous when they start to lose money in their demo accounts, which is worth nothing.
dante golo
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May 20, 2018, 11:05:35 AM
 #177

If someone wants to start investing maybe small capital is the right way to get started however,the mental must be owned by each person to prepare for any form of risk in making investments.

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May 20, 2018, 11:40:30 AM
 #178

 If you want to start trading then buy some coins now and contact with different peoples for sale so you can take a good start.basic strategy,buy at a low price then sell at a higher to gain a profit. o not need big capital first to start trading the first time so we can get used from the smallest thing first.
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May 20, 2018, 12:07:03 PM
 #179

There are many tutorials on how to trade altcoins you can research about trading strategies on internet also this community have many information about crypto you might read many posts here and join in many discussions. Better to make a try and analyze your trading experience if you are beginner dont buy too much coins cause trading is complicated to understand no one knows when crypto increased or decreased.
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May 20, 2018, 12:32:17 PM
 #180

Trading with a small amount is a good thing because starting with small amount allow the person to do experiments with the money and sometimes it also helps the person to make a good profit.
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