New to Bitcoin Trading?

[fulled]

Always have a knowledge before doing anything, for newbie trader, better if you learn about fundamental and tecnical analysis first before start trading

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[Haxor321]

Hi. Please allow me to go back to basics. I just wanted to share to the newcomers here in the crypto world that, in trading, you only have to invest what you can afford to lose. Luck doesn't happen every time so don't be hyped and spend all.

I knew that there are traders who are more experienced than me, and I keep learning new things every day and I don't consider myself an expert. I just really wanted to share what's on my mind. Lol.

Bitcoin, for me, is not gambling. But your thoughts and actions are what you gamble. If you don't want to lose, make yourself knowledgeable. Do further research on how to get good profit. Knowing how to read a chart is one of the best ways I can offer. There are certain indicators that can really help you get good profits. Well, not everyone has the energy to learn that practice, so I also suggest that you follow experts in this field. When I was starting, I barely had an idea in crypto trading, I was like a new student studying new culture. So I look for a sensei whether he knows it or not, Lol. Choose someone you can really trust. Whether it's an expert on your twitter or on Facebook who likes sharing updates regarding his views of the market. Or even a guy or gal on YouTube. If you can't read the chart let them read it for you.

There you go, these are some thoughts I have in mind. I'll try to share some tips soon. I know that the awareness of Bitcoin to newcomers are increasing. I was vulnerable in trading when I first try it, no knowledge, no experience, no indicators, just gambling. I learned from all those mistakes and sharing some tips can help newcomers not to experience the same thing. But as what wise men say, "Experience is the best teacher." Good luck, folks!

What do you think? Share your tips too. It will be much appreciated.

Thanks for giving some knowledge and advises I know that it will appreciate of all people here specially the newcomers. All what you said is true. The most important thing that we need to know before we involve in bitcoin trading is we need to set to ourself some limitations and always remember that before doing anything else we need to be much knowledgeable so we won't be regret in the end.

[Cofee.BLUE]

Base in my own experienced in trading, I could say that trading is very hard things to do because in here I considered that there is no expert people because all of us are possible to experience losses in just for doing or making a simple wrong decisions or mistakes. Just keep to our mind that in trading there is no stable so all we can do is only predicting what are going to happen in the near future. So having limitation to yourself and  proper discipline is  very important thing that we need to ourselves. The most important thing is before we start doing this, we need to have a full knowledge about it so we can avoid from any possible losses.

[ShawnJessie]

Well, that was a very helpful post. The guidelines are very simple and straight to point. It would help newcomers to understand more about Bitcoin trading.

[Kakmakr]

My advice will be for traders to start small and then to reach ROI first, so that they can trade risk free with profits and not their own money. I started with $400, when the price of a bitcoin was $387 and I worked my way up. You buy when it is low and you sell when it is higher than the price that you bought it for. It is really as simple as that. 

Lesson 2 : Never Panic Sell, because the price always goes back up.  <Well, based on previous history.>

[ScottDominic]

Thanks, very much informative article and learned a lot too.

[AllenTurner]

So, greatful to you for sharing this kind of informative suggestion for us.

[MatthewNaccarato]

Thanks sir for helping newbies like us by giving this kind of helpful information.

[Dudeperfect]

To be honest, I am against encouraging directly or indirectly to someone for using Bitcoin. As a Bitcoin user, our job is to let other know what Bitcoin is all about at its core and hence we should focus on explaining them about this technology. We should be there to clear misunderstandings of the people who are willing to use Bitcoin but they have some fear.

[Mia_pikachu]

Hi. Please allow me to go back to basics. I just wanted to share to the newcomers here in the crypto world that, in trading, you only have to invest what you can afford to lose. Luck doesn't happen every time so don't be hyped and spend all.

I knew that there are traders who are more experienced than me, and I keep learning new things every day and I don't consider myself an expert. I just really wanted to share what's on my mind. Lol.

Bitcoin, for me, is not gambling. But your thoughts and actions are what you gamble. If you don't want to lose, make yourself knowledgeable. Do further research on how to get good profit. Knowing how to read a chart is one of the best ways I can offer. There are certain indicators that can really help you get good profits. Well, not everyone has the energy to learn that practice, so I also suggest that you follow experts in this field. When I was starting, I barely had an idea in crypto trading, I was like a new student studying new culture. So I look for a sensei whether he knows it or not, Lol. Choose someone you can really trust. Whether it's an expert on your twitter or on Facebook who likes sharing updates regarding his views of the market. Or even a guy or gal on YouTube. If you can't read the chart let them read it for you.

There you go, these are some thoughts I have in mind. I'll try to share some tips soon. I know that the awareness of Bitcoin to newcomers are increasing. I was vulnerable in trading when I first try it, no knowledge, no experience, no indicators, just gambling. I learned from all those mistakes and sharing some tips can help newcomers not to experience the same thing. But as what wise men say, "Experience is the best teacher." Good luck, folks!

What do you think? Share your tips too. It will be much appreciated.

whatever you say is true, to take action is also very necessary and knowledge, experience and knowledge are expensive, really before we do to try or trade it is not wrong we do research first, with what you will choose to trade or invest, so you will not choose wrong, and choose a coin that has excellent potential for you to get big profits.

[boy130]

I don't think anybody equates bitcoin trading to gambling, unless they're completely oblivious to the truth. Bitcoin trading is based on predictions, experience and knowledge, whereas gambling is purely based on luck. Yes, you can get lucky and accidentally make predictions that turn out better than you expected, but you really cannot say that on the whole trading is purely luck. If that was the case, there would be no benefit to learning how to trade, since you cannot affect chance.

Either way, trading is simply the applied knowledge of market movements, if you learn well, you can be a trader, if you're good a maths (particularly stats), even better.

[mersal]

I don't think anybody equates bitcoin trading to gambling, unless they're completely oblivious to the truth. Bitcoin trading is based on predictions, experience and knowledge, whereas gambling is purely based on luck. Yes, you can get lucky and accidentally make predictions that turn out better than you expected, but you really cannot say that on the whole trading is purely luck. If that was the case, there would be no benefit to learning how to trade, since you cannot affect chance.

Either way, trading is simply the applied knowledge of market movements, if you learn well, you can be a trader, if you're good a maths (particularly stats), even better.

The trading strategies very simple for experienced but if you want new this trading strategy then you will need to learn some tricks for more profit and it will be very simple for all the people who interested in Trading.

[siagh357]

I learnt everything from scratch on bitcointalk forum. Any cryptocurrency related topic that I ask here get experienced members to give me the exact answer. As I have more to learn,asking questions on relevant topics is not something I am shy off. I have treated bitcoin as an investment asset but not a gambling. Those with gambling ideas never make it far in cryptocurrency

[Msworld83]

Thanks for that part, I will also like to ship in some things that can really help as well.

1)don't be greedy when trading
2)never sell in lost
 
And as you said that they should invest what they can let go and applying these too methods you will find crypto very interesting .

[SabrinaSwo]

I want to tell you about one cool project. It is called HelloGold foundation. They are heavily vested in blockchain technology and focused on expanding the availability of products that are targeted at helping the underserved and unbanked. By supporting in this project it is possible to support much more startups that will receive  grants from HelloGold foundation for their development. Moreover, if you join their channels HelloGold and Airdrops.io on Telegram and Twitter you will receive 150 HGT tokens  (~$2 USD).
However, you should check everything by yourself before investing

[Usafstar]

I am also new to bitcoin but this is a great source of learning trading because many traders are through this platform spreading the knowledge of trading among the users and that is good for us to trade with market knowledge and talent.

[sandy47bt]

Thanks for that part, I will also like to ship in some things that can really help as well.

1)don't be greedy when trading
2)never sell in lost
 
And as you said that they should invest what they can let go and applying these too methods you will find crypto very interesting .

I don't think your second point is right. I think sometimes you need sell whenever you're in loss, so your money didn't  stuck at one coin and you can gain a profit on another coin to cover up your lost.
But remember to collect some news about your investment before you buy or sell something

[etron]

thank you for your advice, your experience is the same as my experience because I do not know (not yet understand about bitcoin) every day I always fail in gambling, this time I am reluctant to join gambling, but in trading I think this is not gambling because it is an agreement between the two parties in the trade.

[socksserver3]

The basic rule of trade, without reference to the product, is to buy at the lowest price, and sell at the maximum. Being engaged in trade in crypto-currencies to observe this rule is simple, as the rates are dynamic and to invest money in some of the crypto-currencies, when its rate falls, it is very simple.

[zhjxhtvb]

I am also a novice. In bitcoin trading, I believe that maintaining a learning mindset is the most important. People always make money in this market.