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Author Topic: How to start trading on the crypto exchange?  (Read 2268 times)
Grimjule
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August 20, 2018, 08:08:59 AM
 #141

If you feel you have enough experience, knowledge of trading such as market analysis, coin, chart, project, ... you can start right now with little money to get used to trading on the crypto exchange
Trading is not an easy job and one need a lot of experience to become a good trader. So i will suggest for those who want to start trading is to start with low amount and once they gain experience then invest big in trading.
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August 20, 2018, 08:36:46 AM
 #142

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


Choose your exchangers or trading platform (https://coinmarketcap.com/rankings/exchanges/), register, verification and fill your profile or KYC in there.
Deposit your money, trading, take a profit and withdraw.
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August 20, 2018, 09:15:31 AM
 #143

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

Let me make it clear, I am not a professional but I would like to share to you what I know based on my experience.

Before you start trading, you have to set a limit on how much you plan to trade. Check the Coinmarketcap and see which token or coin you plan to Buy and hold. Yes, you heard it right, select a token or coin first not select an exchange because you might plan on buying a token or coin that is not listed in the exchange that you selected.

Learn to read charts. You cant learn that over night but you really need to know at least the basics or else you might be buying a token or coin that is overbought or oversold or maybe its just a pump and dump and its already at its peak so be careful.

Never believe those pumps or signal groups. You can use it as a guide but never follow their advise. They are the one who gets rich not their subscribers.

Look for those who are successful in trading and if you can find out whats inside their portfolio then try to study why they selected that token or coin instead of the others.

Learn to use stop loss. Its to protect you from sudden drop of price.

Lastly, I would rather settle with a 3%-5% profit in a day than risk your investment in waiting for your token or coin to hit 30%-50% profits.

Note: At the end of the day, its still you who will decide which token or coin to buy.

Thanks a lot for this piece of trading thought, I particularly believe in studying the chats. I made some trade when I started crypto trading mid last year which after some months I got to know how to use some chats eventually realized I shouldn't have bought it then, knowing how to read chats will really help in trading cos it helped me a lot.
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August 20, 2018, 11:42:30 AM
 #144

Learning how to do trade  has a lots to-do with your interest and commitment.  There are  technical analysis to learn,  there are graph to m plot, more  importantly,  there are plenty experience to have.  All these activities entirely develop your own unique method which give you a winning edge in the marker!

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August 20, 2018, 04:06:54 PM
 #145

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

To start trade in any exchange is very easy process but the main point is you must have technical analysis fisrt of all and do complete research about the coin in which you are interested to trade.You need to know the degree of loss in this feild.Process is open account in any of the trusted exchange and deposit your money and start trading.

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August 20, 2018, 04:56:02 PM
 #146

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


     There is a guide on exchange on how to trade but first you should learn the maarket and the coins you want to trade. In doing trading you should have enough knowledge and strategy to avoid losses. Also you should a risk taker person and always put on your mind that you just trade an amount that you cam afford to loss.
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August 20, 2018, 07:12:58 PM
 #147

If you want to star trading on cryptocurrency exchange so it is very simple. At first you need to choose any kind of exchange then you need to open a account after complete your sign up you can get a mail then you need to confirm mail verification after mail verify you need some altcoin for start trading. Deposit your altcoin in exchanger then start your trading.
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August 21, 2018, 06:46:53 AM
 #148

Like any other market, the exchange of crypto-currencies is characterized by a specific vocabulary used by its participants. It is very important, especially for beginners to understand all the definitions used by experienced participants in their entries, blogs and forecasts, as well as in various literature and articles. In addition, in view of the huge number of different crypto-currencies, it is desirable to understand what kind of crypto currency is better.

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August 21, 2018, 07:04:03 AM
 #149

If you want to star trading on cryptocurrency exchange so it is very simple. At first you need to choose any kind of exchange then you need to open a account after complete your sign up you can get a mail then you need to confirm mail verification after mail verify you need some altcoin for start trading. Deposit your altcoin in exchanger then start your trading.

Quote
trading on cryptocurrency exchange so it is very simple
trading is not simple and easy as 1 2 3 . how  much more if you are trading a crypto?

Quote
first you need to choose any kind of exchange
any kind? no you cant just choose any kind randomly because chances are , you will ended  up getting scammed because you pick a fake exchange . you need to do a research about safe exchange .

Quote
then you need to open a account after complete your sign up
opening an account is also not an easy task , thinking that most of the exchange these days are now verry strict and will require you a further information or details aside from the basic ones .



nl247
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August 21, 2018, 08:08:33 AM
 #150

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


Choose your exchangers or trading platform (https://coinmarketcap.com/rankings/exchanges/), register, verification and fill your profile or KYC in there.
Deposit your money, trading, take a profit and withdraw.
You made it sound just so easy. What happens to doing your due diligence on the exchange you want to make use of, considering there are so many exchanges that will be ready to scoop you off your hard earned money before you even know it.

Asides that, it is not just about registering on an exchange, what matters is the knowledge you have to trade and if there is none, I certainly advice anyone to simply thread that learning path first before even considering to register on any exchange at all.
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August 21, 2018, 08:28:11 AM
 #151

In current situation of market is bad idea to start crypto trading, for the better wait untill Bitcoin ETF approved by SEC on 30 of september, because this news really make big impact with price of Bitcoin and others altcoin. For now you can learn to trade in demo account that you can find in HitBTC exchange. In bearish market like this will be more difficult to earn profit, so for the better wait for bullish market.

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Xlady
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August 21, 2018, 08:37:10 AM
 #152

You should open accounts in several exchanges because not all exchanges have the tokens or coins you want to trade. Then You have to learn about the Indicators and candle patterns and Timeframe you want to use. This can be found online. Especially videos. this can help you make informed decisions yourself not the opinions of others. Then finally only use what you can afford to lose.
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August 22, 2018, 02:24:11 AM
 #153

Create an account on exchange, affirm it if needed, get a enough for you BTC amount, an amount that you may without difficulty unfastened. try no longer to buy at all time highs but given the marketplace scenario in the meanwhile you do not want to worry about it, nearly everything is down about 80%.
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August 22, 2018, 02:47:48 PM
 #154

Some people are new here, so lets not shun them and make them leave with our arrogance, some people are just new and don't know.

Okay, first of all you need to check which website you want to buy bitcoin from and make sure its a trusted known website, as someone looking from outside you may not know which websites are known and trusted and which are not, in which case than you should just ask people on here or on reddit, personally I suggest checking out your local dealer websites, I use my own countries bitcoin exchange website instead of something big like coinbase.

However, if you can manage to use coinbase (if you are american specially) than you can just use that. After you selected which exchange you are going to use, just create an account there and fill out the forms they request from you from KYC deals and when you get accepted than just send your money to them and when its deposited get your btc from their market place.
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September 30, 2018, 02:30:22 AM
 #155

Before put real money in to crypto exchange, you should be have first knowledge about technical analysis so you will know how to determine support and resistance area and you can decide when to buy and sell. And you should be have some skill how to minimize the risk from the high volatilitas of crypto, use stop loss is one of the risk management.

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January 07, 2019, 04:35:26 PM
 #156

I am sure, that you will find answers how to create account and start trading. And here I will give you some recommendations:
Strat slow, but steady investment.
Only invest the amount, which you can afford to loose 100%
Keep faith in your investment
Don't trade daily, until you know what are dealing with.
Invest when market is red, be cautious when it's green.
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January 07, 2019, 05:07:20 PM
 #157

I am sure, that you will find answers how to create account and start trading. And here I will give you some recommendations:
Strat slow, but steady investment.
Only invest the amount, which you can afford to loose 100%
Keep faith in your investment
Don't trade daily, until you know what are dealing with.
Invest when market is red, be cautious when it's green.
Its good read but when someone invested only the affordable money to lose then they can start day trading as well by learning the trading beginners strategies.Youtue videos might help him to get an idea than looking for suggestions/

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January 07, 2019, 09:21:40 PM
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Some advice: choose a platform with high liquidity and learn how to use it. The easiest to use in my opinion are: bittrex, poloniex, binance. Do not keep all your funds on the exchanges and store them safely because remember: you own cryptovaluta only if you have private keys, eachone is the bank of himself in this ecosystem.

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January 08, 2019, 01:50:47 PM
 #159

In my opinion to start a transaction in the cryptocurrency market is extremely easy that anyone can do. Please refer to basic knowledge on youtube from how to set up an account and place trading orders. The biggest difficulty is how to get that profit which is the question you seek. As a new investor start with small orders to gain experience. My advice is never rush to make a decision. The money of this world is moving from impatient to patient. Before making a decision, please take a deep breath in 4s. Good luck!
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January 08, 2019, 02:08:08 PM
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If you want to learn on that you need to be educate first all you have to do is research on web or watching crypto stuffs on youtube and if you think you learned fast you can now start trading or practice on small amount of bitcoin or other alts.
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