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Author Topic: how to trade safely in crypto currency?  (Read 672 times)
ahmedarafat
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December 12, 2018, 03:19:32 PM
 #21

At first you learn knowledge about trading. You should knowledge about market which coin is good and which coin is not good for trading also you watch video about cryptocurrency it should be help you. 
But now this time all market now down so it's very difficult trade cryptocurrency.
cubicdissection
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December 12, 2018, 04:32:47 PM
 #22

you need to learn crypto trading because trading require knowledge experience and skills,there is some good youtube channels where you can learn trading
Peacemaker1994
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December 12, 2018, 05:34:28 PM
 #23

Try to diversify when investing like investing in more than one project and to be safe trade with established coin the risk investing in new coins are high and most time disastrous
loloos
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December 17, 2018, 03:58:05 AM
 #24

When your trading you have to be having a high knowledge of the market.
You should make your exchanges with the exchangers you know them very well.
cokroalif
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December 19, 2018, 12:52:46 PM
 #25

I do not know, whether you are a new trader or a professional, if you are a new trader, I think that is quite a large capital, you must learn first from the strategy of tranding and how to minimize large losses. and if you are an old trader, I think you are predicting and too fanatic about people's words, even the end of the year will rise in price
Buttermellow
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December 19, 2018, 04:47:58 PM
 #26

It is safer to trade when you think that you should not trust anybody. This because many are fraud and some are good at it like you will never going to know unless if you will ask for a third party to (escorow service provider) whe. you do trade. It is more safety trusting a person with good or positive trust rating here in bitcointalk. Yet still be cautious. If you wish to buy crypto then visit some good websites to buy for it.
loloos
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December 20, 2018, 08:54:45 AM
 #27

While trading in the cryptocurency you have to be very careful. you should be knowing what your doing and should choose the correct and good project by knowing about the project background. and you should not disclose any information about your trading in front of some stranger.
Korkorjkk
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December 20, 2018, 02:28:22 PM
 #28

You have to study the trends of a coin before investing in it.  If you realize that there is a coin that can shoot up really high,  then that is a coin which can help you make profit and you can invest in it.

Onuohakk
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December 21, 2018, 07:44:46 AM
 #29

What did you trade in?
You should never rush into investing in cryptocurrency without first getting the rudiment there are some coins that are not worth investing and can leave you at a loss trade with top coins although it would require capital but you have 2k which is a good sum

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Agnatez
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December 26, 2018, 06:52:28 PM
 #30

Safe trading it's when you fully understand the market and follow your strategy. The market likes consistency so you need to follow the rules of the market.
Adriano2010
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December 27, 2018, 10:57:44 PM
 #31

You should make a research first before starting invest in a coin, and put only a part of your total of what you want to invest and not loose all your bank. And also better choose only some coins with buy order support and always invest only money that afford to lose.
ipsec
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December 29, 2018, 05:53:37 AM
 #32

For the first, stop all your traiding operations.
Next you should transfer all your savings to fiat money.
Now you can start to explore the market and basic trading rules.
Don't forget about technical analysis.
It will be your foundation in crypto trading.
Start to watch educational videos, read books.
Life_time_student
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December 29, 2018, 06:43:43 AM
 #33

i'm already in loss of 2k dollar in trading...how to take safety measures from loss

If you are new to trading then please spend some time trading on testnet.
Have your own strategy, TA.
Have tight stop loss on every trade.
If your trades are continuously going wrong WAKE UP!! it is time for a break.
bitcoinisbest
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December 30, 2018, 06:11:10 AM
 #34

Never begin directly trading till the time you have some good knowledge about the product you are going to trade and also understand the risk factor it involves as this is very volatile market and can lose money very easily. So be careful while trading and do choose some best coin initially to trade and get experience as well .
zeofarmin
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January 05, 2019, 06:14:18 PM
 #35

Before i do something with high risk, like a trading. I always learn it and searching with browser or watching video in youtube to learn how to trade safely. Its give me more experience to do something at first time. Maybe you can try it and find a bad in your work of your loss
rey88
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January 05, 2019, 08:33:30 PM
 #36

Just don't be a fool and trust Exchanges!
I Lost 4btc in Cryptsy when it was hacked or just scammed and ran away  Cry
Pook-sapot
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January 06, 2019, 06:14:48 PM
 #37

It all is to do with right option to trade through. I trade with FreshForex, as they are highly secure and regulated with servicing since last 13-14 years, so that makes them so very special. Plus there is 200% Deposit Bonus, which gives the comfort that very few gives.
jossiel
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January 07, 2019, 11:27:43 AM
 #38

Just don't be a fool and trust Exchanges!
I Lost 4btc in Cryptsy when it was hacked or just scammed and ran away  Cry
That's very unfortunate and sorry for your losses. There's no way to trade safely in crypto if first of all you don't know what you do. You should have a game plan before proceeding with such coins you are about to buy.

Set your limits, buy orders and sell orders. It's about the discipline that you will apply while being patient waiting for your trades to profit. Also avoid such coins that are just obviously pumps and dumps. The unstoppable and most advise of all, invest what you only afford to lose.

If trading didn't worked, its best to stop and just buy to hold.

Gabteb
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January 07, 2019, 11:34:58 AM
 #39

I dont understand what do you mean saying safely? trading is risky so only way to be safe is be informed have trading skills and dont put all your money in trading and there is no trading without loss you just need to have more wins than loss then your good trader if you think you mustnt loss at all then you needt try to be trader.


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January 07, 2019, 11:57:51 AM
 #40

I'm dabbling in trading through coinbase pro, and I'm taking what I consider to be a fairly safe path. I only speculate by buying without gearing, and I use "play" money. ie. money that I can afford to tie up for the mid-term. My approach is predicated on my belief that in the long run Bitcoin will increase in value. This means that if I misread the market, and buy at the wrong time, I can just hold the coins until the market recovers.

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