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Author Topic: What are the useful tips for beginners?  (Read 2320 times)
kolfedinew
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July 03, 2018, 03:27:53 PM
 #221

If you are a beginner I recommend trading at a low level and analyzing buying low value coins. Time after experience you should invest more into them.
yeah! And if you are a newbie at trading questions, you can watch webinars!


I have seen one project! They are creating powerfull portal where going everything! I mean educational portal, traders tips, ongoing icos , market review.... they are going to implement AI

Are you talking about Streamity? They are great. I've tried their service
Yes they made lots of free tips for traders - you going to find at youtube! And in the August there going to be Streamity School
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July 03, 2018, 03:29:54 PM
 #222

If you are a beginner I recommend trading at a low level and analyzing buying low value coins. Time after experience you should invest more into them.
yeah! And if you are a newbie at trading questions, you can watch webinars!


I have seen one project! They are creating powerfull portal where going everything! I mean educational portal, traders tips, ongoing icos , market review.... they are going to implement AI

Are you talking about Streamity? They are great. I've tried their service
Yes they made lots of free tips for traders - you going to find at youtube! And in the August there going to be Streamity School

Yep, I heard about it too. That's nice, I wanna now bout crypto more
mountain_hacker
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July 03, 2018, 03:32:14 PM
 #223

If you are a beginner I recommend trading at a low level and analyzing buying low value coins. Time after experience you should invest more into them.
yeah! And if you are a newbie at trading questions, you can watch webinars!


I have seen one project! They are creating powerfull portal where going everything! I mean educational portal, traders tips, ongoing icos , market review.... they are going to implement AI

Are you talking about Streamity? They are great. I've tried their service
Yes they made lots of free tips for traders - you going to find at youtube! And in the August there going to be Streamity School

Yep, I heard about it too. That's nice, I wanna now bout crypto more
I have already checked their site. There ico right now - so I can  study there, support them and because they are going to educate in trading... think their coin going to be in demand
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July 03, 2018, 03:40:25 PM
 #224

Hello guys and gals , it is certain that the field of trading is very profitable, but regrettably, I have seen many beginners start in this area without any knowledge of the basics. In fact, this class always fails and lose a lot of money because of their hastiness or rashness.

So, according to my experience, I want to give some useful tips, and hope they will help everyone, and will be as the following :

1- Read and learn the basics of trading:

-I think the best way to start understanding this field  is by reading books related to digital currencies,  but unfortunately, the issue that many people  read only the first pages of the book, then they stop.

"The more that you read the more things you will know, the more that you learn, the more places you'll go "
                                                                                                                                                            -Dr. Seuss
I suggest some books, and they will be as the following :
Cryptocurrency: Beginners Bible:

Mastering Bitcoin for Dummies:

Cryptocurrency Trading & Investing


-Learn how to analyze and deal with different situations ( pump, dump ..) in a smart way. Plus,  try to help yourself  with yourself, Do not complain and ask for help from the others, because no one is in your place. And even if you fail in the first attempts and lose a lot of money, then It is not the end of the world.
Believe me, learning from failed experiences will help you in order to improve your next choices, and you may start to gain a significant proportion of money.

2-Stay away from media news:

Media are always manipulating traders through some false news and even the social media (Twitter, Facebook..), They may even control what happens in the market (crisis, jump), in order to achieve the interests of some (the capitalists) and regrettably, many believe the information and fake predictions.
" Do not be a sheep and act like a wolf "

3- Be patience  and  try to be brave , not afraid:
The field of trading is profitable when you are patient and not hasty like many, and of course you must take advantage of the opportunities intelligently.
Fear is one of the most important obstacles that lead to losses, especially in difficult situations (big crash), like, panic selling...

IMO, Courage is by taking the risk, especially when there is an unexpected event (Big drop).
"Big risk, Big gain."

Cheers,  Grin


These are really basic and should be of big help on newbies. I tend to disagree with staying away from media news. I agree that these profit oriented media companies will try to make news according to their plans which should be favorable on people or companies that they have interests. But sometimes these news are affecting the market so sometimes we just gonna need to ride with the flow in order to profit.

 
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Princess04ka
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July 03, 2018, 03:41:21 PM
 #225

If you are a beginner I recommend trading at a low level and analyzing buying low value coins. Time after experience you should invest more into them.
yeah! And if you are a newbie at trading questions, you can watch webinars!


I have seen one project! They are creating powerfull portal where going everything! I mean educational portal, traders tips, ongoing icos , market review.... they are going to implement AI

Are you talking about Streamity? They are great. I've tried their service
Yes they made lots of free tips for traders - you going to find at youtube! And in the August there going to be Streamity School

Yep, I heard about it too. That's nice, I wanna now bout crypto more

I wanna know too. I used StreamDesk to change crypto to fiat. And now I'm waiting for new updates and follow them
BlueStackz
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July 04, 2018, 09:45:00 AM
 #226

It's a very good suggestion for beginners. I also want to add something. Don't think that within few month you will make money. If you make that is temporary. For long term consistent profit you have to give time in learning. There is no short cuts.
I will say about the general useful and important basic knowledge which is the first thing to survive in the market of Bitcoin and other cryptocurrencies. We know that Bitcoin is a long term trading source so we should do it with patience and not expect something but should go with market and to get benefit in either low market of high market. Low market benefit is to buy more because Bitcoins are available on low price while high market clear benefit for us.
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July 04, 2018, 10:06:05 AM
 #227

Hhmm, maybe the only thing I can suggest and give emphasis to the beginners is to always think whatever move you will do and do not let your emotions overtake your thinking.
Ewox
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July 04, 2018, 10:30:58 AM
 #228

And never stop learning too, because there are some who thinks they know everything once they start to trade but truth is they only know the basics.
avadonne
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July 04, 2018, 11:07:33 AM
 #229

The only thing that I can advise for those beginners is to study the concept first. Beginners must invest in knowledge before anything else. I know it thrills us to imagine ourselves making profits, but if we do not know how we play this game, we'll lose.

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Elmer1
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July 04, 2018, 11:32:14 AM
 #230

The only thing that I can advise for those beginners is to study the concept first. Beginners must invest in knowledge before anything else. Know what you are investing for. Don't afraid to invest because you learn from experiences and if you will not take a risk you will not gain something. You can minimize the risk if you have experience. And never stop learning too, because there are some who thinks they know everything once they start to trade but truth is they only know the basics.
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July 04, 2018, 11:34:32 AM
 #231

Tips for newbies You must have knowledge of the altcoin and learn them thoroughly. Then they can participate in earning altcoin. Beginner must know how to handle and sell the altcoin at the moment. beginner have to update information on prices of the latest coins that you can then join and secure them.
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July 04, 2018, 11:36:49 AM
 #232

Yes, I am agree with the given tip. Thanks for given a tip for the newbies. My advice is to be  more patience in holding cryptocurrencies and be aware to phising sites and investment scams. Think twice before investing.
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July 04, 2018, 01:08:02 PM
 #233

I think if the post, must be sticky and correct language, do not use dirty words, in order not to delete
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July 04, 2018, 01:46:02 PM
 #234

Of course if you are a beginner, you must learn the basics like what is cryptocurrency, how to earn money from crypto, etc.. As a beginner you must be a good researcher to have knowledge about cryptocurrency so that you will not be troubled with it. Do not stop learning things about crypto because knowledge and experience is what you really need to be able to be productive in this industry.
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July 04, 2018, 01:48:32 PM
 #235

I think the most important thing in trading is patient, patient in terms of selling and buying. you should know when to buy and have to know when to sell not to your loss.
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July 04, 2018, 02:05:17 PM
 #236

very useful tips for newbie traders should you trade in a very good and patient way, meaning you must be able to control the patience you have to be able to gain profits.

Those people who are not patient enough to wait for their coins to grow before selling will just lose a huge amount of their investments so studying the industry or the market system is the best thing to do before joining cryptocurrency industry.

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July 04, 2018, 02:15:32 PM
 #237

the main tips that one can give you that you have to know what you are going to do with treading?what you want to do about it.if you want to earn money by trading then you have to know these question .and then it comes to your knowledge on trading .there are two type of trading short time and long time.its for you to decide what to do with it.that's all i can tell you now.
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July 04, 2018, 03:43:11 PM
 #238

Of course if you are a beginner, you must learn the basics like what is cryptocurrency, how to earn money from crypto, etc.. As a beginner you must be a good researcher to have knowledge about cryptocurrency so that you will not be troubled with it. Do not stop learning things about crypto because knowledge and experience is what you really need to be able to be productive in this industry.
Starting from the most basic things is always an advice that most people here towards, when knowledge base becomes solid, we can easily develop and learn more deeply but in practice, beginners always ignore this advice, they are always very in a hurry and want to make money fast then they made simple mistakes, lost money and depressed in trading. The next useful tip, I think beginners should know to listen and read analysis from other investors because I see so many people are always arrogant, they do not accept the opinions of others, they always think they are the center and they are always right, that was a fatal mistake

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July 05, 2018, 06:17:50 AM
 #239

For beginners, i would suggest you shouldn't invest a lot of money at the beginning, only invest as much money as you can afford to lose. Before investing, follow a few months charts of the coins you want to buy then decide what is the best price to want to grab it.
We have been reading such comments from very long time and yes this really affects. When you re newbie and you don’t have any solid experience in this field, you don’t have to be so smart. Rather keep yourself restricted to short investments so that if in the case of loss, you can be able to afford that loss as well. Never ever just invest bigger money in start rather practice and then go for.
In my case I only make my self as an effect user and trafer of cryptocurrencies when I taught myself on how to become self-reliance to be able to learned from own researched, self learning by reading more iseful tips here in forum and especially a massive study how the market goes around though unti now I couldn't know exactly what happen to the market.
Beginners should follow basic market rules at first because it is very necessary for survival and then before entering into the market try to experience the crypto market from the less valuable coins that are Altcoin Litecoin and neo which are best for short term.

In this way you will get experience and would be able to upgrade to the Bitcoin. It is true that Bitcoin is most profitable but you need to get experience for that.
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July 05, 2018, 10:37:24 AM
 #240

For beginners, i would suggest you shouldn't invest a lot of money at the beginning, only invest as much money as you can afford to lose. Before investing, follow a few months charts of the coins you want to buy then decide what is the best price to want to grab it.
We have been reading such comments from very long time and yes this really affects. When you re newbie and you don’t have any solid experience in this field, you don’t have to be so smart. Rather keep yourself restricted to short investments so that if in the case of loss, you can be able to afford that loss as well. Never ever just invest bigger money in start rather practice and then go for.
In my case I only make my self as an effect user and trafer of cryptocurrencies when I taught myself on how to become self-reliance to be able to learned from own researched, self learning by reading more iseful tips here in forum and especially a massive study how the market goes around though unti now I couldn't know exactly what happen to the market.
The useful tip for the beginners is to invest little in the market initially in a type of crypto that can easily maximize his output. Besides, the basic knowledge about the technology and perfect information about the market is also instrumental in helping making important decision of selling or investing. Moreover, response to the market changes it also very important and can give you and edge over others.

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