Sinjokubhi
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Sinjokubhi
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February 10, 2021, 09:23:17 AM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
Hello, I think to get started you need to have an account first, you can register with a trusted platform or website, such as Binance or Bittrex. I suggest to use a demo account first before directly depositing your money, you can practice first to hone your skills in making real trades using a demo account. Don't forget to always monitor the price of the currency you are buying on the marketplace, if you have started your trading business. In order to protect your cryptocurrency, you must have a wallet. The wallet saves your private key and public address which helps you store, send, and receive cryptocurrencies. Don't rush into making decisions when trading. Especially in buying and selling currencies. because it will be risky if we do it carelessly. Keep the spirit. I'm sure you can, if you want to keep trying and learning.
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akar87
Sr. Member
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Activity: 980
Merit: 250
$CYBERCASH METAVERSE
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February 10, 2021, 01:53:11 PM |
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Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
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blckhawk
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February 10, 2021, 05:06:41 PM |
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Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
In other words, ride and follow the trend. Your TA alone is not enough for you to make a successful trade, yeah there could be sometimes it would work but not all the time especially on this kind of occasion where big influencers like Elon and whales could be a great factor upon market's movement. The learning here is you should not be contented with what you have but rather get out of your box and do information outsourcing starting from the news, what is the current trend, and more.
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cyriljundos
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Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
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February 11, 2021, 02:04:59 AM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
i would suggest for the first time you trade you must first observe trading sites like binance on how flow of coin and the graphs are working, watch videos and read articles about trading so that you can get more info. after you gather all information its time for you to trade you must cash in small amount for you to practice trading, as far as you trade you will learn different techniques on how you can gain profit in trading,
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Issa56
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February 11, 2021, 10:25:45 PM |
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There are lot's of exchange which you can start using to trade and they are kind of easy. The best Cryptocurrency exchange which I will recommend is binance I think is easy to use just download the application and sign up after that you can start depositing, the exchange is easy to use and your funds are safe there. As a newbie or as a trader there are lot's of things you have to understand. As a newbie you have to start trading with a little funds try and understand the system first before increasing the amount you will use to trade. As a trader never borrow money to buy any coin and always invest what you can afford to lose. As a trader you don't have to be greedy always know when to exit the market and take your profit. As a newbie always make use of ur stop lose is better you lose 10% of your fund than 70% of your funds.
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sniveel
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Merit: 11
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February 21, 2021, 03:42:11 PM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
I am not a professional, but first you have to consider is to make or register an account on the exchange/s you want to trade with and verify your identity if they told you to do so. After making an account there is a respective address of btc or alts you want to trade with, in case you want to deposit some funds.
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Rasel5209
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March 07, 2021, 06:32:51 PM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
If you want to start trading you need to create knowledge about crypto. How can you create this? You need to follow some blog article that give you regularly information. Then you can invest small amount. You can start trade in this way.
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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March 08, 2021, 03:38:17 AM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
i would suggest for the first time you trade you must first observe trading sites like binance on how flow of coin and the graphs are working, watch videos and read articles about trading so that you can get more info. after you gather all information its time for you to trade you must cash in small amount for you to practice trading, as far as you trade you will learn different techniques on how you can gain profit in trading, Although it is good that you start trading once you understand the market a bit, I would suggest that you prepare even more, so that when you have to trade you have more knowledge, when putting money in the market, it is not good to lose it, it usually brings Confidence problems even disappointment, the best for this is, once you have the respective knowledge, start testing your plans in trading but with play money, most exchanges can be traded that way, and if the result is good , you can start trading with real money, and let it not be too much so that you can have control of your balance.
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Benefactor
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March 08, 2021, 09:39:09 AM |
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Exchanging with genuine digital currencies and not on a demo account you need to know at any rate the essentials of key and specialized examination. Make insightful decisions,not surged ones. Check the Coinmarketcap and see which token or coin you intend to Buy and hold. Indeed, you heard it right, select a token or coin first not select a trade since you may anticipate purchasing a token or coin that isn't recorded in the trade that you chose.
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DarkDays
Legendary
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Merit: 1189
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March 08, 2021, 07:39:58 PM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
If you have absolutely no experience, then I advise you to find an exchange with a demo account, where you can hone your trader skills and work out different strategies without investing, and most importantly, without investing your hard-earned money. There's some truth to that but I feel that some people don't try hard enough if their hear-earned money are not at stake. My view, is that it is. best to learn with your 'own skin in the game'. You don't have to start with much, just as little as 10$ would be enough to get you started. Maybe challenge yourself to turn that $10 into $50 in two weeks or some other realistic timeframe for you.
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kramchers
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March 09, 2021, 02:19:02 AM |
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To start trading with crypto exchange you need to have capital first, then know the coins you wanna buy in the platform, also make a research of it before buying it in the exchange. Then, having an idea and knowledge about trading in crypto is surely an advantage. Lastly, always based you options to buy coins at top in the market.
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Godday
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March 09, 2021, 03:18:23 AM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
-Search for a trader mentor -Buy Technical Books -Learn Online Of the three that are effective, you can find a mentor or someone who has been in the trading business for a long time. because they will help you experience and also technically. believe trading is not as easy as you imagine. here emotional and technical we must be able to manage. no problem you are thirsty to pay because this knowledge will be very useful to be able to get a profit
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n0tailbg
Jr. Member
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March 10, 2021, 09:24:45 AM |
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Welcome to the forum! 1. It is necessary to understand that you can lose most of your money due to drops in cryptocurrency prices. 2. Learn the basics of trading and try trading on a demo account. 3. Study videos about trading on the cryptocurrency exchange of your choice. 4. Select the most important criteria for choosing a suitable cryptocurrency exchange. If you have done all this, then you can start trading, by the way, I advise you to use this tool to select a suitable cryptocurrency exchange according to the criteria.
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Dane20312
Newbie
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March 11, 2021, 09:20:54 AM |
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I am new with all trading stuff. And Can someone clarify if investing with bitcoin is worth the price?
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sniveel
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Activity: 431
Merit: 11
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March 11, 2021, 03:21:21 PM |
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If you are really a newbie in trading then I advise that just start in a small amount before getting your money all in. It qill serve as a practice in trading. In order to trade in a exchange, just make an account on the exchange you want to trade with then verify if the site told you to do so. After that you can deposit some funds on the wallet address of the crypto you want to trade.
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carlisle1
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March 11, 2021, 03:34:21 PM |
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Starting fund is very important, without the money you'll not be able to do the trade unless you are satisfied with demos, there's nothing aside from learning but in terms of financial benefits, you are not getting anything. To start trading with crypto exchange you need to have capital first, then know the coins you wanna buy in the platform, also make a research of it before buying it in the exchange. Then, having an idea and knowledge about trading in crypto is surely an advantage. Lastly, always based you options to buy coins at top in the market.
I am new with all trading stuff. And Can someone clarify if investing with bitcoin is worth the price?
It's your call to decide, with this current value it's very important to assess as this venue of investment do have it's volatile nature.
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repear7
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Need Bounty manager ? Contact @repear71
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March 11, 2021, 03:58:56 PM |
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First follow market some days. Then decide which coin you want to buy. Research about project and coin demand. I recommend you to invest in binance listed coins. Binance is trusted exchange. And Don't start trading with big amount. You can start with $50-$100.
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SacriFries11
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April 30, 2021, 01:18:27 PM |
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Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
Elon Musk’s tweets totally affects the price of cryptocurrency especially BTC and DOGE. I agree with you, I prefer to follow about fundamental analysis then support with technical analysis for clarification and some indications that will occur price action. Update, upgrade, burning, adoptions, and partnerships with huge companies triggered the price to increase. To determine the time to sell, banning, hacking and other bad news about crypto trigger the price to go down.
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DoublerHunter
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April 30, 2021, 01:39:19 PM |
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Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
Elon Musk’s tweets totally affects the price of cryptocurrency especially BTC and DOGE. I agree with you, I prefer to follow about fundamental analysis then support with technical analysis for clarification and some indications that will occur price action. Update, upgrade, burning, adoptions, and partnerships with huge companies triggered the price to increase. To determine the time to sell, banning, hacking and other bad news about crypto trigger the price to go down. ^ All of these are were depend on the situation, I will not sell any in my portfolio even though there is negative news if I saw there is no profit yet. I prefer long-term holding because that is safe for making a profit as of now. We know trading is a very risky part and there is no trial and error that you can undo anything, one mistake decision will probably cause of sudden loss. Nevertheless, when I was at OP place and I was totally newbie on trading at that time, the only thing that comes up in my mind is to buy when the price is low and sell when it will go up, for sure your profit is there.
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Kez1817
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www.cd3d.app
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April 30, 2021, 04:35:50 PM |
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Hello guys, how to start trading on the crypto exchange? I would like to hear the opinions of professionals people.
Oh! It's very simple my friend, just deposit your tokens or dollars in an exchange that you want to use like Binance, Okex, Bithumb, etc... then, after that you successfully deposited your funds, you can start trading right away. But of course always be careful and just start trading with small amount first while learning and getting experience. It's easy to say that trading is just a "Buy low, Sell high" but the fact is, it is too risky that's why much better if you learn first about trading even just basic.
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