Trading

[josephrioveros123]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

[DOLONCHAPA]

There are many markets for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them, I will order you to start trading with Binance. Because Binance is one of the world's largest and popular crypto markets. These are the advantages of trading of many coins. Its interface, design, and support are great one-liner. Moreover, its market graph is much easier compared to other markets, so the marketers of the newcomers will not have any problem to understand. There is a different market pian for Basic and Advance users, as well as the low fees of Binance are there on this. So, for the start of crypto trading, Binance is absolutely ideal.

Can I trade at some sites, I'm confused Which one do I start with?  Huh

Answer: Here are some sites to start you can invest in one or more sites like your favorite, but before you can start, you need to verify it for your protection.

just for example read this topic https://bitcointalk.org/index.php?topic=3500875.msg36173654#msg36173654

[atrocityx]

I think more capital is easier to trade with over less.. when your stack is too small you try to maximize every dollar and it makes you make bad decisions like not setting stop losses, etc. I'd say bare minimum would be 1000.00 but 5000.00 would be better.  Remember at the end of the day no matter how much you start with, you have to take risks and be willing to lose as much as 10% for the chance of making 50% or more.. but don't follow any bad entries all the way down.  Bitcoin is king and whatever bitcoin does, most of the alts market will follow.. you have to time the market right by buying near the bottom and riding alts on the way up, then realizing your gains back to bitcoin so you don't suffer the out of position effect.  Hodling is a term invented by bagholders to feel better about their losses.. real traders, in my opinion, realize gains safely and multiply back to bitcoin.  Usually, new people make two major mistakes:  go all in at alt coins at one time... or they try to scalp and day trade too much and get lost in indecision and fees.  Play the big moves, avoid the dumb zones in the middle.. take profits back to bitcoin.. wait to re-enter.

To answer your specific question... look to enter alt coin positions to multiply bitcoin.. there are no safe hedges to bitcoin so act accordingly until the market decides differently.

80% of trading is common sense and knowing how alts/btc/tether correlate to each other and adjusting accordingly
20% is Technical analysis trying to squeeze a bit more min-maxing over the above.

Good luck, if you have any specific questions about trading, please let me know. 

I've wrote some responses more in depth that can be referenced below if any of these topics interest you.

Exchanges: https://bitcointalk.org/index.php?topic=4377729.msg39044000#msg39044000
Paid Services like Signal Groups: https://bitcointalk.org/index.php?topic=3311676.msg34874137#msg34874137
Is Technical Analysis Useful: https://bitcointalk.org/index.php?topic=2944431.msg30246763#msg30246763

[BITDV]

There are many platform or website that you can use to trade crypto currency, such as poloniex, bittrex, binance, etc. Every market have a pair for crypto, and my favorite platform is poloniex because they have big order book and their platform easy to use.

If you are new comers in crypto trade, i suggest you to create your own money management in microsoft excels or anything, this is used for tracking your profit-loss and also your capital.

[gerald246kru]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

I think you should not trade at this point, you can see that the market is constantly fluctuating and difficult to guess, so it is very difficult to trade successfully. Bitcoin prices are continuously adjusting and, according to my analysis, bitcoin prices will likely continue to fall in the long run as they are in the bearish trend.

[metribitcoin]

To earn profit from crypto trading is not easy, before you start with real money much better you learn it in demo account. You can create demo account in HitBTC exchange or in Meta Trader 4 that offer crypto trading, like FXopen and Simplefx broker. And after you understand some technical analysis and risk management, you can try that your skill in real account by start $100. Also you have to create account in trading view platform because this platform will connect you with expert trader.

[LeGaulois]

It's up to @OP to determine a budget he can use to start trading, the rule is don't invest what you can't afford to lose. The platform to use will depend on what you want to trade because not all exchanges have all the altcoins existing. And secondly, on the verifications that you agree to complete if any (ID verification,...)
Once you know what to trade, just check Coinmarketcap and check the "market" tab to see what platforms have the coin listed.

[hugeblack]

All of this information will be answered after you have had enough experience.
Each person has his or her own experience, as the difference of time, state, knowledge, capital and other things make the probability of failure to repeat the experiences of others likely.
How can I start: You need a secured wallet, exchange platform, and bitcoins
beginning capital: any amount.
Platform or website: Based on your state and fees
cryptocurrencies can I use to start?: It’s up to you but try to reduce the number

[erickkyut]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

As for the starting capital, only invest what you can afford to lose. Do not sell properties just like what others did last year during the peak of the market. For the platform, bittrex is the best for newbies. You can also use cryptopia or binance. As for other cryptocurrency, try to make some research on the top 20 coins in the market and choose which one you prefer.

[bozo333]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

Trading is not a simple platform you must have analytical skill and strategies of Crypto market then only you will survive in this platform. So better you must gain some knowledge in trading platform automatically you are fit for this platform. My suggestion is longterm investment is good for you but day trading and short term trading little risky one.

[samcrypto]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

There is no minimum amount for you to trade but id you want have more profit try to put large capital but of course don't do that if you have zero knowledge about trading. Learn first before you enter in the market, this forum can really guide you on your trading journey. Know the basic things, and you can surely have profit.

[dev9t9ok]

I would recommend you to open a demo account to get started trading because it is obviously that without experiences you will lose your money quite fast and another important advise, it would better to invest instead of to trade.
When you will open a real money account I would recommend to deposit such an amount which you may lose.
I wish you good luck.

[gudrun]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

I believe the trade at this time is very dangerous, you can see that bitcoin prices are constantly fluctuating and adjusting in recent days and that has made the price of altcoin is constantly falling. According to my analysis, the bitcoin price will reach $ 7100 in the coming hours so you should not trade at this time.

[kxp]

Start with aproximately $500 - $1000, that is a very good amount of money to start trading without worrying yourself too much about what you can earn in a daily basis. Trust me.

[lushlife]

Study the following,
1. Chart Indicator
2. Chart Formation
3. Support and Resistance
4. Technical Analysis
5. Chart Pattern

Regarding exchange,
You can start in any exchange and any amount, preferably small since you're still a newbie. so losing doesn't hurt you that much.

Remember always to buy low sell high

[ArkiCrypto]

what is the starting capital do I need.

It's all up to you there's no minimum and maximum in doing trading. But remember this quote "The Higher the Capital, The Higher the Profit. The Higher the profit, The higher the risk.

What flatform or website do I need to use in trading crypto currency.

There a lot of exchanges in Cryptocurrency Industry, some of this are:
• Poloniex
• Bittrex
• HitBtc

Check more here: https://www.bitpremier.com/best-exchanges

Well I suggest to study first every exchange, read their reviews,  etc. Some of the exchanges are scam so you better study it on your own.

aside from Bitcoin, what other crypto currency can I use to start?

There's a lot of cryptocurrency in the market you can check at https://coinmarketcap.com/ for the top cryptocurrency and study all of them. There's a lot of coins/tokens that has a potential.

[TGD]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

choose top exchange like poloneix bittrex,binance,okexchange,kucoin etc. To start you need to always remember that the capital that you will only use is a money that you can afford to lose becuase trading is  like a gambling that you can lost all your capital in just a blink of an eye.

[palle11]

I heard that alpari (a forex platform) also trade cryptocurrency especially Btc/Usdt. Alpari is a reliable platform to deal or transact with. They have fast support and customer service system.

[ss890]

Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

Wow you are too new here! I would suggest taking sometime to research over this question on the forum itself as this has been asked many times!

However, just to get the highlights I would suggest that you should start with the minimum amount of trading and according to the coins that you are selecting. If the coins are best in the market then you have all the freedom to invest more and more money into that specific one. But while making trades on rest of the coins you should choose the investment very wisely. I think little over 500-1000 USD is all right to trade.

[dothebeats]

Though I myself am not verified yet on this exchange (going on for almost a year now, lol), I'd recommend Bittrex due to its garnered trust and reliability from the community over the past years. Its simple and easy to understand UI allows even newbies to trade with ease. As for BTC/USD exchange, I suggest you look for a platform that is within your jurisdiction or which accepts customers from your area. Kraken is my all-time favorite due to the fact that I never have problems with their customer support alongside their trading platform. As for a capital, it highly depends on your capability or how much money can you spend without ever affecting your personal needs and expenses. It's a tough call but I allocate 10% of my salary into trading/investing and the rest goes to expenses and savings which had been my setup for over 3 years now.