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Author Topic: What are the trading tips for newbies...  (Read 466 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....
tonyja2017
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October 04, 2018, 01:50:57 PM
 #2

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.

moynul2050
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October 04, 2018, 02:03:03 PM
 #3

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.
nicster551
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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.
Gozie51
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October 04, 2018, 04:46:10 PM
 #5

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.

AztecGoldHero
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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,
shivansps
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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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harizen
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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.
Bagaji
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October 04, 2018, 09:22:31 PM
 #10

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
 #11

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!  

Voodoo Crypto Discord
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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
 #15

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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Muheng
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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
 #20

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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