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Author Topic: What are the trading tips for newbies...  (Read 393 times)
ZackNet1997 (OP)
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October 04, 2018, 01:43:35 PM
 #1

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
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October 04, 2018, 01:50:57 PM
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I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
If you have read the books of many legendary investors like Warren Buffett, Darvas, you will understand that investing in success requires practice. Now you should spend some money just to invest in a certain altcoins you like. Create your own investment strategy and you will earn a lot of money from it.

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October 04, 2018, 02:03:03 PM
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I often find this question in the forum.
there are several media that can be relied on to gain knowledge about trading. the key is desire and continuing learning. read or listen to videos.
it's better to ask your closest friend, of course a trader with longer experience than you.
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October 04, 2018, 02:14:42 PM
 #4

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

Best tips that I could give you is. Don't try to lose all your money, don't be a dumb trader and study more before going in.
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October 04, 2018, 04:46:10 PM
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Don't try to lose all your money, don't be a dumb trader and study more before going in.

I like to tell new guys going to trade not to avoid using stop loss. If you want to avoid take profit you can but don't ignore stop loss.

Also learn your own strategy after you have been taught either by someone physically or e-learning.

Do a practice with demo trading to build your confidence and maybe emotions. Good luck.

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October 04, 2018, 07:41:33 PM
 #6

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

as a tip for newbies i can say to join simdaq trading lessons and simulatıons, you can check it from my signature,, sımdaq project made a succesfull trading simulatıon platform for traders and newbies, you can find basic trading lessons in platform and you can simulate your strategy,
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October 04, 2018, 08:28:02 PM
 #7

The most valuable trading tips I have received back in a days for newbies are: don't be greedy, take profits on the way up, do proper RISK management, never go all in any position, don't play with high leverage and ofc don't play with the money you can't afford to lose Wink. When you build your own strategy you will be fine  Cool

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October 04, 2018, 08:43:13 PM
 #8

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

What do you mean by "unstable" market? Even we are not in the bearish period, still the market is "unstable". During pumps it will make you more confused if you will do buy or sell since the price always move.

Like you said, you already know some points of trading so meaning you now have a "basic" knowledge. That's enough and you don't need to go deeply with trading studies. Test it now on actual trades because just reading won't help you. Those other trading terms and knowledge will be automatically learned all the way so need to have a decent knowledge before you start to trade.

What you must understand is the "risk" once you start to trade. That will be your assignment.

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October 04, 2018, 08:57:12 PM
 #9

Go hands-on and test your knowledge out, see where you're lacking and where you can improve. Simulated trading and such only works to a certain point, and I encourage everyone to start out with an amount that you can afford to lose to really put what you already know to the test. The most simple advice I give to most people starting out in trading is to remove emotions from the picture and simply don't be too greedy. You'll avoid mistakes by doing so, and though it's easier said than done, once you master this you'll be well on your way to becoming a better trader.
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October 04, 2018, 09:22:31 PM
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Trading crypto currency is not something one should just jump into with real capital as basic knowledge of what influence their movement in both upward and downward direction need to be known before you start trading crypto currency. I will recommend to learn via online the fundamental analysis to enable you know it's implications on the market and that of technical analysis with the use of candle stick chart to enable you know when to buy and when to sell.
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October 04, 2018, 09:23:48 PM
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Asking people is a great way to learn about trading!  
For me I joined a group of like minded traders and we all help each other with trading plans, sticking to our trading rules, and identifying a number of eligible coins for trading.  If you want to come ask our traders their strategies and for help, we are all very helpful!  It's free, no obligation and we all want each other to learn to succeed!  

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October 04, 2018, 09:46:52 PM
 #12

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

It really depends what you're trading. I don't like day trading ICO tokens because the markets are so illiquid. It can be impossible to exit the market without huge losses from slippage.

When it comes to tokens and altcoins with low market capitalization, I focus purely on fundamental analysis (like circulating supply vs. hype and prospects for adoption). And I'm not trading so much as investing. With low cap coins, I'm buying and holding and waiting for huge gains like 10x or better. TA (chart reading) is nearly useless for these markets.

I trade based on TA in more established and liquid markets like BTC and ETH. Here's a decent intro on how to use TA to trade effectively: https://www.investopedia.com/university/technical/

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October 10, 2018, 12:33:58 PM
 #13

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
In my view you should spend some time with a crypto trading expert instead of reading books and articles about trading. You will know better how to trade affectively. Try to gain knowledge and skills of crypto trading as soon as possible. Never be impatient and take no early decisions about your holding. Own wrong decision will take all your money in minutes.
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October 10, 2018, 12:38:46 PM
 #14

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
The best advice is to calm down and come up with a new solution as trading is not a good option at this time. I would personally advise you to focus on long-term investments in big coins like Bitcoin and Ethereum because the huge potential of these two coin is huge and can help you make a good profit in the next few years.
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October 10, 2018, 02:14:53 PM
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I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
first, you have to pay more attention to the market and see which one is more productive for you to trade.
then make a simulation
for example if I buy Coin A can I get a profit if I trade? or if I hold an A coin will one week later get a profit?
second make a plan
do you want to do treding with how much cost? and what are the possible benefits?
but what's more important is that you have to check the market more often so you know how the market moves today.
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October 10, 2018, 02:42:06 PM
 #16

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
Trading is the most important part of crypto-currency. Crypto trade depends on bitcoin and eth price and the situation project which are want to trade.Nowadays we have found many scam ico and people invest in this scam project and loss their money.So first need to learn about coin and project and their roadmap and future plan than if you think its good this time you start trade this coin.So first read carefully trading and altcoin section and create an account any exchanger and always focus analysis  market .

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October 10, 2018, 03:07:54 PM
 #17

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
there are so many sources of knowledge about trading, just how you are passionate for learning it, essentially don't use all your tokens for trading, keep some of them, and don't trade only in 1 crypto, make a diversification in trading
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October 10, 2018, 03:21:59 PM
 #18

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....


As for me, the best thing to do is just to learn about all the basics and fundamentals of trading first before entering trading. It would be a risk if we'll enter with a big amount but we don't have enough knowledge. We should have enough information about it first.
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October 10, 2018, 03:25:14 PM
 #19

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

My tips for you is just trade some altcoins in a major exchange for a low price and try to wait it out. You'll be able to get some nice profits in it turns out good, but be careful and try to study more.
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October 10, 2018, 03:45:23 PM
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this is a question that I often read in this forum and many people have suggested trading activities for beginners starting with a not too large scale. this is so you can minimize defeat when you make a mistake in trading activities.
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October 10, 2018, 04:05:36 PM
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I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

1: Use a trusted exchange. You can use Binance and Kucoin. (if tokens are listed)
2: If I were in your place. I would, first of all, sell those tokens and moved to Bitcoin or Ethereum first of all. no matter how much they would become. but trading with tokens and trading with BTC or Eth have a huge difference and profit margin.
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October 13, 2018, 11:19:03 AM
 #22

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
If you have read the books of many legendary investors like Warren Buffett, Darvas, you will understand that investing in success requires practice. Now you should spend some money just to invest in a certain altcoins you like. Create your own investment strategy and you will earn a lot of money from it.
It is also good to read the articles and books of legendary traders but practical is the main thing. The more you practice the more you earn. Analyze the market technically and if possible and you can fundamentally also to know the ups and down of the market. Gradually you will know everything about successful trading and hope that you will make money in the future.

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October 13, 2018, 11:46:06 AM
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I like to tell new guys going to trade not to avoid using stop loss. If you want to avoid take profit you can but don't ignore stop loss.
I have been trying to do trading/scalping for some time now and i often encountered this word "stop loss". I am a bit intrigue with this word and honestly i have not used this one.

What are the advantages of this stop loss? Is there a link where we can fully understand how to used it in our trading, i mean the actual application. Hope someone can enlightened me on this one.
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October 13, 2018, 12:55:24 PM
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I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

With a novice member here on the forum, if you enter the world of trading at once you should know or know the legitimate
exchangers that you can buy and sell the token you will use. Then, make your own research about the correct reading of the graphs you see on the exchange platform, such as those contained in the indicator are the bolinger band, candle stick reading and others. Perhaps, basic things would be enough to help you for your concern as well.
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January 18, 2019, 03:00:26 AM
 #25

According to my mistake in crypto trading,  i dont have any risk management to lock the profit and to reduce the risk. So if you get reward from bounty just make sure you send the token to the exchange that has stop loss feature, and if the token did not listed on the exchange that does not have stop loss is better sell that token to others and send again to the others exchange that has that feature.

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January 18, 2019, 03:12:57 PM
 #26

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
You should endeavor to spend quality time in learning on how to trade professionally as only those that has spend quality time in learning and developing their skills through experience are those that really make money in this market. If you have been doing bounties and you are successful it is very important you should know that trading is a different thing and it involves risk and that is why you should be careful and seek for quality advice before putting your hard earned money into the market.
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January 18, 2019, 05:43:34 PM
 #27

How do you see Bitcoins in 2019? Is there any luck for investors this year? Though it had its rough time throughout the year 2018, still many people are saying that the value of Bitcoins will increase in 2019. So, I am planning to buy some Bitcoins as their prices are low right now. I am looking for an online platform which provides the best digital wallet. Do you know any good exchange platform? I want some tips before investing in Bitcoin.

Help me, please.
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January 18, 2019, 07:48:11 PM
 #28

How do you see Bitcoins in 2019? Is there any luck for investors this year? Though it had its rough time throughout the year 2018, still many people are saying that the value of Bitcoins will increase in 2019. So, I am planning to buy some Bitcoins as their prices are low right now. I am looking for an online platform which provides the best digital wallet. Do you know any good exchange platform? I want some tips before investing in Bitcoin.

Help me, please.


The trick that to be followed by the new people will be stay and holding with patient for long time this simple trick will help you to get more income in one time but following district and be little difficult but once you do that we can get much more income very easily.

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January 18, 2019, 10:31:42 PM
 #29

How do you see Bitcoins in 2019? Is there any luck for investors this year? Though it had its rough time throughout the year 2018, still many people are saying that the value of Bitcoins will increase in 2019. So, I am planning to buy some Bitcoins as their prices are low right now. I am looking for an online platform which provides the best digital wallet. Do you know any good exchange platform? I want some tips before investing in Bitcoin.

Help me, please.


The trick that to be followed by the new people will be stay and holding with patient for long time this simple trick will help you to get more income in one time but following district and be little difficult but once you do that we can get much more income very easily.
Holding is great but the OP is asking for some Trading tips so for me better to learn trading first before you make your first move. Only use the top exchanges so you will not experience big problem but you still need to be careful and put small amount of money in the exchanges. Trading is something that you need to take it seriously, you can succeed here if you put enough time to learn.
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January 19, 2019, 03:00:41 AM
 #30

I have done some bounties and now my wallet has few tokens balance.
What particular bounty you've joined to? if for signature campaign, you'll not gonna find the success as you need to receive merit  in order to rank up.
So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
Trading is one of the best option, you did not leave crypto despite bounty now is not good as before and I appreciate your move.
For most of the trading lessons and technique, just use the internet, youtube alone ha a lot of videos where you can learn, it will help if you will pursue your plan.

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January 19, 2019, 04:26:15 AM
 #31

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
Use some point that you got, and start trading. Do not stick to an analysis or theory because these two factors will not guarantee you get a profit. I think the most important point to get profit in trading is experience, as much as you have a theory but you never trade, it's useless, you don't know the essence of trading. So as I suggest to you when you want to become a trader you must have a balance between theory and practice, these two factors can reduce the losses that will be faced.

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January 19, 2019, 05:12:22 AM
 #32

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
Basically have you got any basic trading knowledge?
Trading is not that hard but a lot hectic work. Trading depends on which coin we trust and get into. Also the graph, volume, market cap matters.
If you are newly starting into trading than i would first suggest you to go through paper trading and than only proceed if you see any profits or if you feel you are capable to trade.
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January 19, 2019, 06:11:14 AM
 #33

In my experience a good tips for beginners or for those users who don't have any ideas yet in trading are:

1. Don't invest if you're afraid to lose what you've invested.
2. Don't expect for a high income if you invest a low amount.
3. Expect the worst probably losing all the value of the coin you're holding.
4. Don't believe on HODL, if you're losing a big amount cut your losses you don't know if that coin has a value in the future.
5. Divide your investments don't just invest on 1 coin.
6. Don't just invest on some coins, study them.
7. Read and watch different tutorials about trading and tips
8. Practice trading through simulator exchanges
9. If you want actual trading start with small investment first and if you're ready then start a serious investment

That's what I recommend for users to avoid losing a large amount since I saw a lot of investors invest to some coins and invest all their money just on one coin and when the price drops they're ranting and crying all over the forum.


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ethereumhunter
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January 19, 2019, 06:14:46 AM
 #34

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

First, you need to know where the token get a list so you can send your token from MEW into the exchange's wallet so you can start to trade. It is easy to send the token, and all you need to do is prepare some gas to send the tokens and wait for a while and then you will see your token arrived in your exchange wallet and it's ready to sell. That is the basic lesson of trading, and you should know this and read more information about the trading itself.

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January 19, 2019, 08:29:54 AM
 #35

I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....

Financial markets have its own language which is overwhelming in the beginning but comes easy with practice over time.

It has two major parts: Fundamental Analysis and Technical Analysis

- Fundamental analysis is about analyzing any assets/companies fundamentals like annual reports, quarterly performance etc given a financial year.

- Technical analysis is about reading the price charts (graph) of the asset, understanding the masses behavior and psychology etc (the purpose of technical analysis)

Now, let's focus on the most common types of technical analysis and parts of which stock charts/graph is crucial. Line and Candlestick charts are the most widely used one, but the other less common types are bar charts and point and figure charts.

Charts of any financial asset are prices (vertical) plotted over Time (horizontal). There are few ways to represent the Price-Time points of the financial asset like:

1) Line charts

2) Candlestick charts

For detailed guide: https://coinswitch.co/info/technical-analysis-for-beginners-detailed-guide-on-technical-analysis
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January 19, 2019, 08:58:27 AM
 #36

How do you see Bitcoins in 2019? Is there any luck for investors this year? Though it had its rough time throughout the year 2018, still many people are saying that the value of Bitcoins will increase in 2019. So, I am planning to buy some Bitcoins as their prices are low right now. I am looking for an online platform which provides the best digital wallet. Do you know any good exchange platform? I want some tips before investing in Bitcoin.
If you want to buy bitcoins and invest in this network,you should do so because you've found it a good source of investment and you're willing to take the risks involved and not cos of predictions made by random bitcoin enthusiasts which have no say on the direction of the market.
Make use of the internet and research thoroughly before investing,but the first point is investing with capital that you can afford to lose.
Try out different strategies you'll find online,and use them to your own particular benefit.

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January 19, 2019, 11:18:46 AM
 #37

How do you see Bitcoins in 2019? Is there any luck for investors this year? Though it had its rough time throughout the year 2018, still many people are saying that the value of Bitcoins will increase in 2019. So, I am planning to buy some Bitcoins as their prices are low right now. I am looking for an online platform which provides the best digital wallet. Do you know any good exchange platform? I want some tips before investing in Bitcoin.
If you want to buy bitcoins and invest in this network,you should do so because you've found it a good source of investment and you're willing to take the risks involved and not cos of predictions made by random bitcoin enthusiasts which have no say on the direction of the market.
Make use of the internet and research thoroughly before investing,but the first point is investing with capital that you can afford to lose.
Try out different strategies you'll find online,and use them to your own particular benefit.
In my own opinion based on my own understanding and experience about trading, I think newbie is on the stage of learning and I believe that there are so many people in crypto that lose in trading specially those who are newbie so I suggest to trade a minimal amount of value or maybe starting slowly male sure that the you used only small amount that you can afford to lose tradingvis really high at risk so maybe we all need to learn it slowly.

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January 19, 2019, 12:27:02 PM
 #38

To be able to trade, a newbie must be able to apply the basic things that a Trader must have. In my opinion a trader must be able to be patient and be able to go through a panic situation well, don't be panic because panic will only cause chaos. Keep on exercising the ability, don't be afraid to experience failure because when we try more often it will make us get experience that is useful for making decisions at other times. A trader must dare to fail, when a trader is afraid of failure he is not worthy of being a Trader !!!
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January 19, 2019, 02:19:25 PM
 #39

In my experience a good tips for beginners or for those users who don't have any ideas yet in trading are:

1. Don't invest if you're afraid to lose what you've invested.
2. Don't expect for a high income if you invest a low amount.
3. Expect the worst probably losing all the value of the coin you're holding.
4. Don't believe on HODL, if you're losing a big amount cut your losses you don't know if that coin has a value in the future.
5. Divide your investments don't just invest on 1 coin.
6. Don't just invest on some coins, study them.
7. Read and watch different tutorials about trading and tips
8. Practice trading through simulator exchanges
9. If you want actual trading start with small investment first and if you're ready then start a serious investment

That's what I recommend for users to avoid losing a large amount since I saw a lot of investors invest to some coins and invest all their money just on one coin and when the price drops they're ranting and crying all over the forum.
complete, appropriate and very suitable for what I experienced when I started the crypto currency trading activity.
for beginners this is certainly very helpful in helping their initial trade.
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January 19, 2019, 02:53:33 PM
 #40

To be able to trade, a newbie must be able to apply the basic things that a Trader must have. In my opinion a trader must be able to be patient and be able to go through a panic situation well, don't be panic because panic will only cause chaos. Keep on exercising the ability, don't be afraid to experience failure because when we try more often it will make us get experience that is useful for making decisions at other times. A trader must dare to fail, when a trader is afraid of failure he is not worthy of being a Trader !!!
That is some bullshit. Trading is not only about these "emotions" you are talking about. Trading is something else more. You will need skills. You will need experience. You will need to learn the market and understand how it works in different situations. You decisions will matter. You will need to learn how to take quick but logical decisions. One more thing, follow your intuition and do what it says.

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January 19, 2019, 03:06:11 PM
 #41

Being a trader is not much harder when you know what you are doing.Actually even the experienced traders don't know what will happen so you just stick with your predictions and do trades when you can make some profits don't wait too long or just fall too short better you read the crypto articles on the Youtube to get idea how trading works.Try CryptoJack it might help you.

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January 19, 2019, 03:54:56 PM
 #42

if my advice is for beginners, traders must have experience and knowledge about trade in the crypto world.
and never be affected by bad news or other people because it will make you bad

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January 19, 2019, 04:23:02 PM
 #43

Trading is a long process of learning and you can't learn everything about it in just a single night or a single day. There are lots of helpful tools for you to learn all the basics of trading. You could do series of research. Though reading and watching some videos about trading, you will be able to gain a lot of information about it. Just have the eagerness to learn.
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January 19, 2019, 05:01:04 PM
 #44

Why don't you sell the tokens that you get first from the bounty? I think the tokens that we produce from bounties can be used as our initial capital to trade and you can choose some better potential coins.
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January 19, 2019, 11:02:22 PM
 #45

You decisions will matter. You will need to learn how to take quick but logical decisions.
That's what bots offer. Humans are too slow, too emotion driven, too fixated on X percentage of returns, etc. Most people won't ever be able to profitably trade, so why not have a bot do it for you? It saves you a lot of time as well (which you can utilize in a different/productive way), because staring at your screen(s) all day isn't something that will make you happy, especially when you suck at trading.

One more thing, follow your intuition and do what it says.
That's not a good bit of advice. My intuition told me to open trades at certain levels, but looking back, I'm glad that I ignored my intuition. It's straight gambling since you are either right or wrong. Trade based on how you analyze the market, or don't trade at all. Gambling can be done in plenty of online casinos.
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January 19, 2019, 11:45:16 PM
 #46

Why don't you sell the tokens that you get first from the bounty? I think the tokens that we produce from bounties can be used as our initial capital to trade and you can choose some better potential coins.
Yes you can as trading doesn't requires huge capital to start but your profits depends on how much you have invested. And if I wanting to have a huge gains, I definitely put a huge amount of money but the risk is too high also. The question is, can you manage to loss them all or not? Cause if not, you better not to be in trading.
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January 20, 2019, 06:33:59 AM
 #47

if you are a new person in the world tranding I advise you to start tranding with a small amount of capital, to minimize losses because you are still a newbie in tranding. and for tranding when conditions are very unstable like this I suggest you take "BUY" when bitcoin is down because altcoin / tokens usually also go down in price following the trend of bitcoin
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January 20, 2019, 10:39:06 AM
 #48

In my experience a good tips for beginners or for those users who don't have any ideas yet in trading are:

1. Don't invest if you're afraid to lose what you've invested.
2. Don't expect for a high income if you invest a low amount.
3. Expect the worst probably losing all the value of the coin you're holding.
4. Don't believe on HODL, if you're losing a big amount cut your losses you don't know if that coin has a value in the future.
5. Divide your investments don't just invest on 1 coin.
6. Don't just invest on some coins, study them.
7. Read and watch different tutorials about trading and tips
8. Practice trading through simulator exchanges
9. If you want actual trading start with small investment first and if you're ready then start a serious investment

That's what I recommend for users to avoid losing a large amount since I saw a lot of investors invest to some coins and invest all their money just on one coin and when the price drops they're ranting and crying all over the forum.
complete, appropriate and very suitable for what I experienced when I started the crypto currency trading activity.
for beginners this is certainly very helpful in helping their initial trade.
I must say above discussion will go helpful for new  users they should keep holding that things will be fine very soon so don’t lose your hope and try to stay in touch with your trading strategy even if things are against your expecting goal. Just hold trust me price will recover very soon but till then don’t panic just hold.
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