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Author Topic: 2 tips in trading for beginners  (Read 993 times)
Kurokyy
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August 14, 2018, 09:08:39 PM
 #121

The trick for newbies is that they should know where they are and how they look. They should know the basics of the market, and do not listen to anyone investing in a coin only

Yes it should be like that, but the problem is, most of them are selling their coins every time the market price is dumping which makes the market to dump, chain reaction will always happen in the market.

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August 14, 2018, 09:15:33 PM
Last edit: August 17, 2018, 09:13:26 AM by HatakeKakashi
 #122

This tips is very helpful to those people who want to start trade also. Because they prevent losing money. I hope this who are already trader like newbie will apply or follow this. Tips is needed because most of the trader who are failed they did not follow and recognize tips so the result of the trading is they lost money.

Every tips is very important and need to use it because in the future incase they have trouble happen you may now know what next step will you do because of the tips. And I also I would like to add or insert strategy because without strategy you can possible not earn money too. Tips and strategy is always good combination for trading to earn more profit.

 
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August 15, 2018, 05:12:14 PM
 #123

My two normal tips :
(1)    Watch the market at least 15 days and try to understand first then select coins and pick up the right time for buy, hold or sell.
(2)    Make sure how much you want to lose or how much you want to make a profit before your daily trade.
If you follow this rules you can make a some profit in your trading.
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August 15, 2018, 06:03:14 PM
 #124

Perhaps I will also add a couple of tips:
1. When you enter the crypto market, never be nervous, and be prepared to lose your Deposit.
2. Remember that until you have sold your coin - you do not lose anything.

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August 15, 2018, 07:48:37 PM
 #125

Nice advice, I would add to leave emotion at the door, teach yourself to buy these crazy dips, and sell when we go parabolic, just think how good those guys who sold at the peak in dec/jan feel right now. For every buyer there is a seller, something which many people like to skim over, so people selling now, guess whos buying? yup those same guys who sold at the top in dec/jan

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August 15, 2018, 09:13:08 PM
 #126

The trick for newbies is that they should know where they are and how they look. They should know the basics of the market, and do not listen to anyone investing in a coin only

Yes it should be like that, but the problem is, most of them are selling their coins every time the market price is dumping which makes the market to dump, chain reaction will always happen in the market.
panic sell is not only newbies problem, even professional traders sometime get panic and follow what stream do. but what make it different is professional trader know how to get profit back and newbies will left with regret
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August 16, 2018, 05:34:08 AM
 #127

My tips for beginners is hold and do not panic! if the price of your coin is dropping dont panic and wait for high investors buy it and soon the price of your coin will encrease.
I would go for the crypto evaluation in terms of factors like risk, profitability and liquidity and only if the factors that affect the value of a coin positively is positive, one should invest. This is one of the basic and important things a beginner should do.

Besides, expanding your knowledge about the cryptocurrency is also important because at some point in future, it will help you make a right decision and right decisions contribute to a worthy profile.

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August 16, 2018, 05:48:15 AM
 #128

These are very good tips! The goal must be set to know what kind of profit is needed, for example, invested $ 1000 and want to get 100%, as it reached immediately cash out and further manipulate the remaining amount.
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August 16, 2018, 06:45:37 AM
 #129

Perhaps I will also add a couple of tips:
1. When you enter the crypto market, never be nervous, and be prepared to lose your Deposit.
2. Remember that until you have sold your coin - you do not lose anything.
That's true, its better to prepare for the worse rather than counting ahead the profit that you can generate when you trade because trading is also risky especially if you dont know the basic rule that traders should be aware of.

For beginners its important to have self-control, balance the situation and dont run for the market because there's a right timing to follow. Its ok if you lose sometimes, even pro traders cant avoid that situation its a fact that we cant always win. As long as you know your position and has concrete plan then you're in the right path.


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August 16, 2018, 09:58:35 AM
 #130

Sticking the plan might be very bad sometimes because we all know that it always rise after we sell and fall after we buy Cheesy
Do not make fun of it man, try to take it serious and do care when you are in the stage of making decisions. If you want to buy Bitcoin then you must wait for low market price because it not good to buy on high price. In order to use less money for high profit generating sources you need to invest in its lowest markets. Start with less money in order to make experience here so that you may get success and proceed forward.
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August 16, 2018, 12:34:10 PM
 #131

You must remember that it is not concerned with the daily trading but with some learning.
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August 16, 2018, 01:33:34 PM
 #132

two tips on trading for beginners:
1. master the science of trading, because doing something without having knowledge is only in vain.
2. Convince our hearts to be ready to accept the risks that will be faced in trading, because not only benefits but we will also get things we do not expect from trading, it is very difficult to do the job easily without obstacles.

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August 16, 2018, 06:02:46 PM
 #133

First tip make sure that you trade for the legit one cryptocurency or coin to prevent from scammers and be patience then last tip you must know the basic concept when to buy and sell.
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August 16, 2018, 06:15:15 PM
 #134

First tip make sure that you trade for the legit one cryptocurency or coin to prevent from scammers and be patience then last tip you must know the basic concept when to buy and sell.
that is what is very difficult to do crypto trading, speculation that buying and selling analysis in trading is very difficult, let alone to be patient to deal with the current market situation, it is not an easy matter for those who trade.

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August 16, 2018, 09:48:34 PM
 #135

Almost everything that you are talking about concerns the money management. The money management is not something extraordinary every experienced trader has the particular own system which is more suitable for his trading style. I noticed that once a trader comprehended the substance of money management he would use it constantly. By the way, having inspired of the possibilities of the money management I try to use it in every my operation. I am pretty sure that every trader should has the own money management system to protect the own capital. It is not so difficult to make the own system or it is possible to use any popular one. There are a lot of resources in internet about this theme so if a trader wants to improve the own trading skills he will find good appropriate materials about the money management.

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August 17, 2018, 09:58:34 AM
 #136

You can trust what they say and it is a good time for the beginners.
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August 17, 2018, 10:04:38 AM
 #137

The first tip is to buy at a low price and wait until the highest price, while the second tip is to choose a coin that chooses a good exchange and has a good sales volume. so that is a simple tip for beginners and must be done.

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August 17, 2018, 12:22:15 PM
 #138

These are fantastic tips to a trader in my opinion.

Good write up
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August 17, 2018, 12:31:53 PM
 #139

Time in the market beats trying to time the market.  Never try to buy in at the bottom or sell at the top, its impossible to do and you are basically just gambling.
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August 17, 2018, 12:37:17 PM
 #140

I can recommend to learn the basics and to find out which coin it is better for you to buy and invest in. In case. you need money now and don't want to wait at all, you should invest the half of money but not all
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