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Author Topic: Newbie should trade or not? Please give me idea.  (Read 33414 times)
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April 20, 2019, 10:40:18 PM
 #341

It doesn't matter if you're new or not. if you have a desire to learn how to trade, then you should do it. The most important thing is to get knowledge first, and then try them in practice.

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April 20, 2019, 11:23:13 PM
 #342

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss
Join big exchange like binance is a good choice, if you want to learn more like signal trading,good news etc you can join telegram group for trading discussion or trading vip channel
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April 30, 2019, 04:28:03 PM
 #343

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss
Join big exchange like binance is a good choice, if you want to learn more like signal trading,good news etc you can join telegram group for trading discussion or trading vip channel
You are not going to learn much form those channels or even from youtube, you need to really try to learn from famous traders and what they do to beat the markets, I know that many think they keep their strategies secret and while they do not reveal the specific strategy they use to beat the markets they reveal the general methodologies they use and if you read a few books about the subject you can create your own strategy.

However the problem is that many people are not really willing to go through that effort, they want to get easy profits and nothing more and the market is not really a place to try to do that since there are many people that are doing their best to beat you while you are doing nothing.

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May 01, 2019, 01:25:05 AM
 #344

The best way to lose your deposit to a beginner is to start trading. I would advise all beginners who want to learn how to start trading with theory and demo accounts.
Good idea for new traders as they can learn trading as well as they can after that they should be confident about their investment and always choose the best coin, the more promising one, there are so many coin the market and some are not profit worthy so new traders should know which should be buy, at first time better trade for long term.
No one forbids you to start trading, but that's right what he said, if you want to lose your money, just start without studying first. You have to start by learning the ins and outs of trading and crypto first, understand how to read the market, and demo accounts are also a good idea
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May 01, 2019, 08:24:27 AM
 #345

The best way to lose your deposit to a beginner is to start trading. I would advise all beginners who want to learn how to start trading with theory and demo accounts.
Good idea for new traders as they can learn trading as well as they can after that they should be confident about their investment and always choose the best coin, the more promising one, there are so many coin the market and some are not profit worthy so new traders should know which should be buy, at first time better trade for long term.
No one forbids you to start trading, but that's right what he said, if you want to lose your money, just start without studying first. You have to start by learning the ins and outs of trading and crypto first, understand how to read the market, and demo accounts are also a good idea
Before making first investment, take the time to gain knowledge and learn the basics. It is important that you should know your purpose. The biggest obstacle to achieve profitability is an inability to control one’s emotions and make logical decisions. It can be an advantage if you have the knowledge of how market works and how to read price, but it is not enough to consistently be profitable. You need skill to be successful, and in order to build a skill, you need practice and experience.


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May 01, 2019, 10:49:38 AM
 #346

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin

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May 01, 2019, 03:05:53 PM
 #347

basically you have to trade first hand to apply what you have learnt,actual trading will make you understand the market more
make sure to put minimal amount first while exploring in trading, i can say trading is not easy specially in crypto which is very volatile.
so make sure to back up your trade with all the knowledge and strategy that you can get


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May 01, 2019, 04:27:35 PM
 #348

Well of course the first and foremost that you need to figure out is how the market works. As you can see, all types of crypto currencies are super volatile when it comes in price range
 The best thing you can do here is do your own research regarding to what to be invested or which is which. Research plus good chart reading is your best weapon. Goodluck buddy!
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May 02, 2019, 04:01:16 PM
 #349

It doesn't matter if you're new or not. if you have a desire to learn how to trade, then you should do it. The most important thing is to get knowledge first, and then try them in practice.

If you do not trade, you will never become a trader. Even if you are a newbie, start doing it. Naturally, pick the altcoins you trust, and do not work with great sums. Even if you lose, take it as a lesson.
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May 02, 2019, 06:46:10 PM
 #350

I will direct you to the point that if you have no experience in trading and you are a newbie also its better to learn about trading and how it works before putting your money in the platform and avoid complaining if your loss your money in one day. Grin
Yes learning before we trade is something we must do before any action in cryptocurrency because unlike any other currencies, crypto is unstable so it is harder to learn the patterns, a newbie without any experience will surely suffer more losses at the begining of trading, of course i admit trading is the best way to earn profit and safe, so newbie should learn to trade carefully before they can actually trading.

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May 03, 2019, 07:22:59 AM
 #351

Almost all newbies think that trading in cryptocurrency is easier than any other exchanges available like stock and forex. It because they saw their friends or mentors earning a lot in their  trading.  Many of them are disappointed later after their initial tradings because of their losses. Newbies should learn and memorize the basics of trading, learn to withold emotion and always be patient. Losses should be a part of learning experience because it make you wiser. Trade only if you are already well-prepared.
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May 03, 2019, 07:58:07 AM
 #352

Start trading crypto for a newbie is hard without preparation, and in my opinion even if you are prepared. The safest and easiest thing could be to work using arbitrage system. You take advantage of price differences of the same coin on a different exchange. The example you can buy BTC at 5500 on Cryptopia and sell at 5600 on Binance ( if there's this gap). To do so you should use software or use some online service that shows you in the real-time price difference. ( there are several searching on google "arbitrage crypto". But you must consider the cost of transaction x2 ( very often 0.2x2=0.4%) than, trades where profit is less than 1% profit is useless. You need to check the quantities as often are not available. This technique is valid if you do many trades per day with little profit but is safe. ( consider that some trades could not go through due to market fluctuations).
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May 03, 2019, 11:54:06 AM
 #353

If you have enough knowledge in trading even if you are newbie, you can do trading but it would be risky. My tips on newbie when it comes to trading, it is important to learn first the fundamental of basic trading like technical analysis. Invest money that you can afford to lose.

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May 03, 2019, 12:45:48 PM
 #354

As a newbie, it is not recommended to just rush into trading, you need to study about the basics first, then try it on some trading simulator that you can search in google, this for the newbie's sake, actual trading really maximize your learning but to minimize the risk you needed to learn the basics for real.
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May 03, 2019, 12:52:57 PM
 #355

If you have enough knowledge in trading even if you are newbie, you can do trading but it would be risky. My tips on newbie when it comes to trading, it is important to learn first the fundamental of basic trading like technical analysis. Invest money that you can afford to lose.
Agree!
Newbies should not trading unless they have an effort to learn basic trading. Even we are not a trader, we should understand market condition so you won't lose in any investment (if you decide to invest in something). That's a must in crypto space!

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May 03, 2019, 01:20:22 PM
 #356

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss
Before you start trading you need to learn the basics of crypto trading. That is, the main points, without which it will be difficult for you to deal with the situation on the market. Next you need to start learning technical analysis. Already during this, you can start practicing on small amounts of money. After that, examine what indicators for analyzing graphs, figures of technical analysis  and candlestick analysis are. All this knowledge and constant practice will help you become a good trader.
There are many pitfalls in crypto trading, so never be lazy to learn new information.
I also recommend that you learn what the phases of the market are and how to determine them it will make trading much easier for you. And always work on your emotions, don't let them control you, always act according to a predetermined plan.
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May 03, 2019, 02:25:07 PM
 #357

If you have enough knowledge in trading even if you are newbie, you can do trading but it would be risky. My tips on newbie when it comes to trading, it is important to learn first the fundamental of basic trading like technical analysis. Invest money that you can afford to lose.
Agree!
Newbies should not trading unless they have an effort to learn basic trading. Even we are not a trader, we should understand market condition so you won't lose in any investment (if you decide to invest in something). That's a must in crypto space!
True, i'm not a trader. I mean not really trade seriously that like traders do everyday. But know how to trading, how to buy, sell, manage losses is good for us. At least we have more experience in crypto to use.

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May 03, 2019, 02:32:02 PM
 #358

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss

All traders started from Zero, as the Chinese say, a journey of a thousand miles begins with a single step, Yes, you should trade if you want to get a profits, You should start with the first step is learning the basics of trading and then learn to deal with analysis tools, You must invest a small amount of money in the beginning, There are many websites that offer paid and free courses and books related to trading, You can read all about trading and strategies and start investing on 100$.

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May 03, 2019, 02:38:16 PM
 #359

If you have enough knowledge in trading even if you are newbie, you can do trading but it would be risky. My tips on newbie when it comes to trading, it is important to learn first the fundamental of basic trading like technical analysis. Invest money that you can afford to lose.
Exactly, as long as we know and have knowledge of what we are doing, newbie can still participate in trading in a very normal way, without any fear, and failures and risks in the first time will happen because newbie and real traders have a huge difference in experience, newbie has little experience and that may lead them to mistakes but this is necessary, from these mistakes, newbie will grow over time.

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May 04, 2019, 06:32:09 AM
 #360

Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  Kiss Kiss
If you are a newbie into trading then how come you have a cryptopia account four months back? In these four months you should have practiced trading well and should now have made some profits out. If you are amongst the peoples who prefer wasting their time rather than concentrating onto the work than sadly I have to say, it is most difficult for you to learn trading.

If you have the guts to get up and learn trading and give your 100% into trading then I am sure you will have good profits. Don't waste time as it is the perfect time to get into trading investments as the prices for major coins like bitcoins are starting to rise. Gain some knowledge and revert back into trading.
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