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Author Topic: Newbie trader  (Read 2495 times)
danherbias07
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July 24, 2018, 11:16:59 PM
 #61

Start by not relying too much with others point of view.
A lot of times they are wrong and they are just also predicting the market. That is a 50-50 chance.
Better make your own if I were you. This will avoid regrets and blaming others if ever there is a bad thing that could happen in your choices.

Research and test it with a little amount. Leap inside the exchange and try to make a trade. Understand what is happening and the buttons that needs to be click.
Regarding analyzing one token about their fluctuation, it could anywhere. There is no such thing as a perfect trade.
These are great tips that new traders should enter into the market should consult and learn. The experience in this market is very precious and often very few people share it extensively and this forum is great when there are so many people. New investors should only invest a small amount of money initially to learn and withdraw experience, then be proficient to invest more boldly.

Correct.
Problem is they get wild whenever they see something that is in bullish mode. They will try to jump into it without even having a background check.
A hype is mostly the culprit for a lot of loss with new investors.
Thankfully there is a forum like this. They could step in first and get to read experiences of traders or ask questions to avoid losses in the future.
I am one of those who rode hypes that is being told at the troll box of one exchange. I learned my lesson and trying to spread it somehow.

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cruelmes (OP)
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July 25, 2018, 02:34:57 AM
 #62

Thanls for all Of your advice guys
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July 25, 2018, 02:48:32 AM
 #63

what needed to start trading guys , and can you please give some trick tips , advice
All you need to do before starting to invest is to learn and collect informations, about what is trading and what coins you should trade and when you should buy and when you should sell, you have to have a general idea about this market, and after this try practicing it using some virtual trading and once you get the basic ideas and had a feel for the market you can start trying with a small cap, and eventually you can work your way up.
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July 25, 2018, 02:54:41 AM
 #64

what needed to start trading guys , and can you please give some trick tips , advice

You can always invest anytime you are interested on the market and from there you can start trading in order to multiply your coins.

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July 25, 2018, 03:12:05 AM
 #65

what needed to start trading guys , and can you please give some trick tips , advice

If you are new and you do not know how to invest you need to ask for a lot of people who know much about it so you have an idea of ​​how you can start it
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July 25, 2018, 03:12:30 AM
 #66

First of all, try to amass some knowledge about crytocurrency, trading and some other aspects related in crypto. Once you've done your research. You have to try it on your own. Once you've tried all the possible things to do. Ask yourself where are you good at? Trading, Bounty Hunting or investing.
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July 26, 2018, 11:09:49 AM
 #67

To simplify everything, never buy a green candle and buy when "there's blood on the streets" as Warren Buffet says. When there's despondency, depression and Cryptotwitter is full of people bashing each other and saying they're gonna quit, that's when to buy. Daytrading is  a different beast altogether, balls of steel you'll need.
I suggest newbie to spend some time with crypto trading expert and gain as much knowledge as you can because knowledge is power. Ty to scan the crypto market thoroughly and collect the information about crypto trading. Analyze the market and after all these things start trading with small investment and increase your capital as you become expert.
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July 26, 2018, 11:13:50 AM
 #68

what needed to start trading guys , and can you please give some trick tips , advice
Start by using tradingview. And when you beginning your journey with trading don't use high leverage and don't just be a FOMO guy - panic sell or panic buy.
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July 26, 2018, 11:15:38 AM
 #69

If you are a newbie then go start by opening TradingView website and you'll find a great tips and strategy for the trading in the market.
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July 26, 2018, 11:43:29 AM
 #70

If you're newbie in trading you must have a knowledge before you start to trade because if you start trading without knowledge and experience your money will gone. I suggest you to watch videos on youtube how to start trading and what's the basic of trading so you can have knowledge what's trading.
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July 26, 2018, 11:48:11 AM
 #71

first you have to allocate a trading Deposit. this is based on your personal free funds. then I propose to study the basic terms on the exchange, the main ones are volume, candles, patterns. Then I suggest to start trading on your dedicated Deposit, dividing it into several parts, so you can start to earn, without losing too much in a failed trade. I recommend trading to $ for the first time, so you can better track your results
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July 26, 2018, 12:05:58 PM
 #72

what needed to start trading guys , and can you please give some trick tips , advice

if you got some cash try buying eth , if you don't have any try earning eths in services , if you got nothing just a bitcoin account and internet try doing some bounties ,you can earn lots of coins in bounty programs.
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August 07, 2018, 12:44:29 AM
 #73

For me i think you need first read some forum here that giving an idea on how tradings work and what is trading all about you can also watch some videos in youtube that teaching and giving some technique or strategy on how they trade at their own
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August 07, 2018, 03:35:02 AM
 #74

what needed to start trading guys , and can you please give some trick tips , advice

You need to learn how to analyze beforehand.
To provide a precise indication of the increase or decrease of a coin you must combine basic analysis, technical analysis, and information evaluation.
- Fundamental analysis is that you have to understand coin as the coin is made for use in what field, future trends are widely applied.
- Technical analysis means the use of price and capitalization data of coin, searching for patterns and indices that can be used to predict the upward or downward trend of copper in the future.
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August 07, 2018, 03:46:15 AM
 #75

what needed to start trading guys , and can you please give some trick tips , advice
Start by using tradingview. And when you beginning your journey with trading don't use high leverage and don't just be a FOMO guy - panic sell or panic buy.
FOMO kill everyone in trading activity  Grin, my message maybe just better to late than loss everything if in crypto. there are not good if late to buy or sell something then FOMO come to our life.  Grin

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August 07, 2018, 05:03:29 AM
 #76

what needed to start trading guys , and can you please give some trick tips , advice

Elliott wave analysis
Elliott wave theory is a type of technical analysis that crypto traders use to analyze market cycles and forecast upward or downward trend by determining investor sentiment, peaks, troughs and other factors.
Traders believe that the market is affected by collective investor sentiment or crowd mentality, and it moves between optimism and pessimism in a natural sequence.
It seems to be a good discipline for crypto traders because at the moment they are being driven by investor sentiment and there are no fundamentals that really support the bullish addition to buy. due to limited supply.
It takes years to understand Elliott wave analysis, but some traders believe that it is only necessary to have the basic knowledge that Elliott waves can be applied to markets such as Bitcoin.
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August 07, 2018, 05:01:44 PM
 #77

what needed to start trading guys , and can you please give some trick tips , advice
Start by using tradingview. And when you beginning your journey with trading don't use high leverage and don't just be a FOMO guy - panic sell or panic buy.
FOMO kill everyone in trading activity  Grin, my message maybe just better to late than loss everything if in crypto. there are not good if late to buy or sell something then FOMO come to our life.  Grin
almost the same as greedy, feeling lacking and not thankful for small profits.
this is a big problem for a trader, and must be trained not to be greedy.
because trading is an art that combines all elements including your emotions. Your emotions will determine how you survive in the face of an uncertain market situation.

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August 07, 2018, 05:40:07 PM
 #78

Do not try to catch the bottom while the market has moved to Downtrend. If you are lucky you catch the bottom once, then you will think you are good, I have a lot of experience but not really! Do not try to determine Altcoins resistance and support because it is also extremely wrong. You can only define the threshold when you are a shark and have 1 e-kip your own. Crowding the crowd and following trade groups is always the biggest mistake. Choose your path and stay away from the crowd.
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August 07, 2018, 09:11:19 PM
 #79

what needed to start trading guys , and can you please give some trick tips , advice
I think that if you are new to trading, I believe this is a very good time for you to start trading. At the moment I believe you should only invest in short-term and day trading so that you can minimize the risk and make a profit in a safe manner. You can see that the market is volatile and difficult to predict, so always plan to minimize risk.
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August 07, 2018, 09:34:47 PM
 #80

In order to start trading in crypto currency, you need to buy Bitcoin, then transfer it to the exchange and start trading using technical analysis. My advice: study the basic patterns of technical analysis.

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