What I Should Know Before i Start Trading Cryptocurrency

[sharanheyo]

That you are probably not going to become a millionaire as shown by many. You will meet a lot of fraudsters. You will constantly undergo FOMO and feel FUD. You will find it difficult to get genuine unbiased opinion.

You also need to build your portfolio based on your sound understanding of the cryptos you want to buy. You should figure out a way to store your coins in a wallet where you hold the private keys .



You will also need to compare the prices of various cryptocurrency across multiple exchanges. You can use CoinSwitch which is one of the best crypto trading platform to compare and exchange over 300+ coins at best rates.

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[Hazaki]

The 1st step to do before starting trading in cryptocurrencies is visiting coinmarketcap website .
You'll find there all the coins that exist and you'll be able to form a global vision of the cryptocurrencies market just from that website .
You'll be able to know the fluctuations that each coin have encountered in the past and you'll be able to predict what fluctuations will be coming (after making a bit of experience of course Wink ) .
Second of all you should go through a lot of important threads on the forum to gather the knowledge you need and believe me there is knowledge to grab in every corner of this forum .
Last but not least , there are a lot of youtubers that will be of a great help in order for you to understand basics of trading

[hridoyb]

What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

Nowadays crypto trading is very popular but trading is not an easy platform. First research and know about the trading platform on google or youtube and there have many sites or video about. There have many important coin and project so all altcoin is not for a long time holding so visit https://coinmarketcap.com/ and get more information every coin

[rasu_pa]

You should keep following any news or rumors for crypto which you want to trade and know that day trading sometimes will make you loose money.