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Author Topic: How do you start trading?  (Read 3256 times)
DgurJIupyf
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September 08, 2018, 09:23:48 PM
 #141

I used to start trading Forex and options. The principle I understood even then, how the market works, how the price moves, what whales and bears do. When I came to crypto. I realized that here the principle is exactly alike. Everything is the same as there. Only other assets, and so all the same. I recommend you to take a trading course.

Zooplus
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September 08, 2018, 10:15:16 PM
 #142

Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.
Yes.Make sure you know already the basics in trading before engaging into real trading.And yes learn by asking suggestions from the seniors maybe through bitcointalk forum because they will surely give you good advices.And start trading even with a small amount,that's fine as long as you trade for profit and not with emotional satisfaction.
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September 08, 2018, 11:00:12 PM
 #143

In my opinion you should be up on youtube learning where I find there are quite a lot of people involved in learning and lifting knowledge, so I think the market will recover. We can see that at some point the market will recover
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September 09, 2018, 09:32:52 AM
 #144

Perhaps, you can start with paper trading or backtesting your strategies. After that, you can start by putting 0.5% of your deposit into a trade
Aweasadbek
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September 09, 2018, 01:26:17 PM
 #145

First u must fail than u will have enough experience. So to not lose a lot of money start with the small amount of money trade for several weeks or months. Than if you feel that you have enough failures than start with more money . Experience is very important.
supine
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September 09, 2018, 02:38:30 PM
 #146

Trading is very risky they said and the information to learn is very wide , every losses and profits  is a experienced that is why I'm very interested in trading , yet i don't know where i should start .

Can you share guys how do you start with this line?


I guess it is important that we'll have enough knowledge about trading so we'll manage to face uncertain losses by having a good profit we should know all the basics and fundamentals of trading to transact well and for us to gain better rather than lossing because of having not enough knowledge.
cpk02
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September 09, 2018, 03:18:54 PM
 #147

I don't know more about Crypto trading but I just follow this rules...
buy When market is red
sell when market is green...that's it
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September 09, 2018, 04:41:28 PM
 #148

to be able to start trading, surely you need capital that is used to buy coins or buy cryptocurrency and after that you must be able to know the right time to buy and sell coins so that you can benefit from trading, if you don't have it all you should be able to study and try to find trading capital first.
untugede
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September 09, 2018, 04:52:08 PM
 #149

Trading is very risky they said and the information to learn is very wide , every losses and profits  is a experienced that is why I'm very interested in trading , yet i don't know where i should start .

Can you share guys how do you start with this line?
in crypto trading, in my opinion it is also very interesting, the loss in crypto trading is of course a risk that we have taken, but we will not experience continuous losses in crypto trading, we must be able to learn from mistakes we have done, So the beginning of crypto trading is, that we must learn to know the movements of altcoin prices on the market, and you must first check the coins you want to buy.

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September 09, 2018, 05:00:45 PM
 #150

Although trading may seem an appetizing business, I must admit that this is not suitable for everyone, because the statistics of trading specialists are clear and seem to indicate that more than 90% of those who try it tend to fail at any given time. But it is well worth taking the risk, because even those who have become expert traders had to take their first steps as newbies, learning from mistakes and stumbles.

But for the sake of your personal economy and your emotional well-being, you should only start your first experiences investing the capital that you can afford to lose, taking into account that the chances of success are against you, since you have only 10% of possibilities of long-term success.
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September 09, 2018, 05:17:56 PM
 #151

You have to choose your earning strategy based on your character traits.For starters, study scam ICO history and history of how shitcoins have sprung about. That way, you will be a little familiar if a coin is turning into a shitcoin or not(and if an ICO is already becoming or will be a scam). You can also try testing on trading on small amounts of money first while practicing and if you get the hang of it, only invest big by then.
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September 09, 2018, 07:32:56 PM
 #152

Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.

You have written here the right things. You should know all pros and cons of trading to come to a conclusion if it can become really your business. Otherwise, you will fail.
Softcoin01
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September 09, 2018, 09:02:33 PM
 #153

There are different formats of trading. I started Crypto trading with Bitcoin, by dealing with Local dealers. As I kept on the quest of getting more facts and information about crypto, I ran into online exchanges and I developed myself to an extent. Trading is actually  cool, if there are Morales from around one's circle.
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September 09, 2018, 11:54:28 PM
 #154

One requirement before trading is to have knowledge and enough capital to start with. And then, look for exchanges which you feel comfortable and very easy to used. It is very often for us to loss our money at the start cause we are still learning, but it can be avoided if we fully engaged and study market charts for our guide and do control our emotions.
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September 09, 2018, 11:55:20 PM
 #155

You have to start trading with small amounts, try out different exchanges and different strategies.
Study the coin first you are planning to trade and define your strategy and stick to it.
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September 10, 2018, 12:08:04 AM
 #156

For new trader at first you should know about  scam, fake and cheat coin.  You should also know about exchange web & it,s fee. There are some rules. Give more time for study and you learn more cryptocurrenc.  Otherwise there have  possibility to falldown.   

Time and tide wait for none
Donceng
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September 10, 2018, 12:54:17 AM
 #157

Trading is very risky they said and the information to learn is very wide , every losses and profits  is a experienced that is why I'm very interested in trading , yet i don't know where i should start .

Can you share guys how do you start with this line?
trading on cryptocurrency certainly can be profitable if we understand the basic strategy of trading, maybe a simple way you can do to start trading you can try it with small capital first so that you can minimize the risk of loss.
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September 10, 2018, 03:08:05 AM
 #158

Trading is very risky they said and the information to learn is very wide , every losses and profits  is a experienced that is why I'm very interested in trading , yet i don't know where i should start .

Can you share guys how do you start with this line?
trading on cryptocurrency certainly can be profitable if we understand the basic strategy of trading, maybe a simple way you can do to start trading you can try it with small capital first so that you can minimize the risk of loss.

yes, I always suggest to my friend who is new in trading to use small capital while they learn about the basic rule in trading. I've told them to not afraid if somehow they are losing the money and they need to know how they made that mistake so they can learn about how to prevent the mistake. besides that, they need to learn about how to analyze the chart, the position of buying and sell order, how much the volume of one coin in 24 hours and other else. and if they can do this, I am sure that their skills will grow and it means, they can increase their profit because they can be able to analyze which coins that can make a profit.

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Ledy Alise
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September 10, 2018, 06:45:24 AM
 #159

In my opinion Trading simulating apps are a good way to start. They give you the basic understanding of trading it self in practice. And practice is very important.
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September 10, 2018, 07:37:50 AM
 #160

We should be first learn about trading in demo account and learn how to determine support and resistance area to get best price for buy and sell. To be expert trading is not easy, we should also learn about management of risk and money. In crypto trading i see many trader did not use stop loss and this is big mistake because price of crypto can be crash just a few hours, and we can not monitor the market 24/7.
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