Newbie trader

[Kira_lapa]

The fact is that no experienced trader will not just talk to everyone about their strategies. They make money on this information. They organize their channels with a paid entrance and provide all the quality information there.

[Madara_Uchiha]

Invest in bitcoin for a long time. The main thing is to invest extra money so that you do not want to sell them coins and return them, especially during a falling market.

[shulc7]

The fact is that no experienced trader will not just talk to everyone about their strategies. They make money on this information. They organize their channels with a paid entrance and provide all the quality information there.

Do they really do this stuff? I have never heard about it. I remember, when I was a newbie, I simply used to ask the different question about trading - nothing more.

[withlove99]

It's very difficult to tell. I'll try to direct you shortly, but you already have to try.
First of all you will need a desire to trade, money for investment and common sense.
The very first step is to study all the necessary information. Start reading all kinds of news from the world of crypto currency. Then start learning the basics of trading. Personally, I started with the study of technical analysis and tried to explore candlestick analysis in parallel. Learn what is the figure of technical analysis and indicators. In one day you will not be able to become a trader. A long, purposeful work is needed here. Every day, devote all your free time to learning all the above information. Do not listen to those who say that everything depends on luck on the crypto market. Remember, the more quality information you learn now, the better trader you will become.
When you learn enough information about how to trade and how to read charts, when you understand what is happening in the market and you can make reasonable assumptions about where the price will go, then you can start practicing.
Next, you will simply learn information and practice. It will bring you experience and after a while you will become a trader.
I advise you to read a lot, try to learn as much information as possible every day. There is a lot of good information on the Internet. Unfortunately I do not have any saved links to share.
And remember: invest only the money that you are ready to lose!

Thank you. Good explanation..

A guide detailed and extremely useful.
I just want to add one more thing that you should learn and read books on the market sentiment. It will help you a lot in the trading

[cpkozak]

New traders entering the market often have psychological fear when the market goes down. When I first invested in this market, I had such periods. That's a big downside to fix.

[nguyenthao8x]

Please refer to the investment video, choose the top coin to buy. And invest in small capital before you really have experience.

[Knabu]

Study traders that have proven track records and offer good educational quality videos. Crypto-Twitter has multiple good down-to-earth traders that have made their wealth by trading traditional markets & crypto and definitely know what they're talking about.

After understanding indicators/R:R-ratios/candles/patterns, start paper-trading without capital. Analyze how your trades went regardless of the outcome. When you feel comfortable on your own analysis without FOMO, you're ready to try your wings on the real market.

Never stop studying.

[p i e c e]

If you are a newcomer to the crypto market you need to invest a lot of time as well as you should invest more knowledge related to crypto trading so you will have more opportunities to get profit

This is a great advice but you should also agree that you will never become a good trader without an experience. Yes, the mistakes will be done but they will also become your teachers. However, never risk investing all of the money you have.

[Samuel4]

This is  a very vital and educating information. Although trading is not as easy as mentioned above. But one must get started. As a beginner, it is good to understand the technical analysis and a good understanding and interpretation of the trade charts. It's equally recommended to choose an exchange that has a seamless and friendly interface as a beginner.

[Furious 7]

New traders entering the market often have psychological fear when the market goes down. When I first invested in this market, I had such periods. That's a big downside to fix.

it is a part of learning and experience in trading. it's normal because trade involves emotions and analysis.
let it work and someday you will get a great experience. experience will make you better understand market movements and learn to control emotions.

[gayan777]

Newbies are bound to lose money when new to Cryptocurrency trading, not like the system is designed this way, but there are certain things that people are ignorant about that lead them to loss. I remember when I started trading and was all about the money, I had lost some hundreds of dollars on my first week, and I would have lost more if not for changing my initiatives and pattern.

[Lengcengteng]

You know the instincts of the newbie who do not have any knowledge and skills will only be the same as gambling. Because you only depend on luck, and instinct is the last way when you have no other options, try to keep learning.

[Pikachu12]

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

First, you should choose Binance trading platform. It is a good trading platform and the transaction fee is quite cheap. Plus, they have pretty good security.
And to invest effectively, you should familiarize yourself with the volatility of the market. If you have a lot of time, you can read about Blockchain and you will understand more about this technology and the investment will bring you much profit.

[MRY]

as a beginner, to start trading then you have to find coins that have good price movements and can provide profit, analysis and observe the market well, buy at the right time and you must be patient and control your emotions

[Bubblestonemax]

It is very good to ask such question so that you would get a good proper direction. A newbie needs adequate knowledge together with capital in order to have a good start in this industry

[timmydakolo2]

One advice I will give to you or any newbies that want to go into trading should never start trading with a low capital.

[plankton66]

Before looking at potential crypto currencies and starting trading, you must find out which strategy you want to pursue. Everyone has their own tactics but they are generally included in the categories:
Long term - You just want to buy a few different coins and save them as a long-term investment. This is the simplest trading strategy and usually involves the least amount of risk.
Investors - You have a risk tolerance that is slightly higher than the long-term hodler. There may be coins that you hold for a while.
Daytrader - The most sophisticated and most risky cryptocurrency trading strategy. You focus primarily on technical analysis to trade volatile changes in the market.

and most importantly, you have to find out what problems are solved by the coin development team, why the team is qualified to make it, and what is the purpose of the coin in the overall ecosystem.

[Yamifoud]

newbie they like to participate in the investment if they know how to invest trading listener's opinions and learn newbie experience there are many opportunities to be able to get rich and successful transactions

Don't think it much to earned at the first place, you better think what you must have to learn in order to achieve your goals and prevent losses. But being a noob in trading field, you expect losses at first and from that, you've learn from it and gradually increase your knowledge. Try to stroll some ideas in different sites for you find what is best and very effective especially in times of crisis just like now.

[leonix007]

newbie they like to participate in the investment if they know how to invest trading listener's opinions and learn newbie experience there are many opportunities to be able to get rich and successful transactions

Don't think it much to earned at the first place, you better think what you must have to learn in order to achieve your goals and prevent losses. But being a noob in trading field, you expect losses at first and from that, you've learn from it and gradually increase your knowledge. Try to stroll some ideas in different sites for you find what is best and very effective especially in times of crisis just like now.

Losses are part of traders beginning

seen some popular traders whom lost 20k bucks on their first year of trading

and they always share to never give up and continue on

It does not require you to lose that much however if failure comes along a learning is also being accompanied with it

[Gloria99734]

Hello everyone, im new here! nice to meet you all
Im interested in security token and utility token, it is any popular choice of this two?