Trading Tricks For Newbies

[omonuyak]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

It will take a very serious mind for someone to follow this strategy and really makes profits because investing when you at loses is a very hard thing to do.  I have tried this during my forex trading and I do lose heavly . I believe that now should be the right time for us to learn many things about this market.

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[Joyawan13]

doing research and the movement of coin prices in the market is indeed very important for a new trader, and I think for beginners too big for example using 900 $ capital, because not necessarily also a beginner with large capital he will get a big profit too, it could be defeat the bigger they will get, so for me for a new trader using 200 $ of capital it is more than enough for them to be able to learn to do their trade.

[justdimin]

It will take a very serious mind for someone to follow this strategy and really makes profits because investing when you at loses is a very hard thing to do. 

Why investing when you are at losses is a hard thing ? I don't think so because you are getting another opportunity to buy the same coin comparatively cheaper than your previous entry. You must need to be glad because you are getting better buying average prices at the same time these are all applicable only when you are believing into that coin to be bouncing back at any time. That is the reason you must choose  a coin after heavy researches, so that you can keep on buying at dips.

I believe that now should be the right time for us to learn many things about this market.

There will be no right or wrong time for learning. It is a continuous process, you must keep doing it all the time so that you can stay competitive in this heavy volatile markets. If you get bored of learning then you will be thrown out of this market at any time once you become outdated.

[adzino]

Lol. How did you come up with these trading strategies? Like based on what facts  did you establish that this way is profitable? You are telling us to keep holding even if we see that the price is dipping and then to buy more when it has taken enough dip? Isn't it better to sell off your investment when you see that the price is dipping and to buy your investment back when it has dipped enough? Wouldn't that be more profitable?

[akram143]

Lol. How did you come up with these trading strategies? Like based on what facts  did you establish that this way is profitable? You are telling us to keep holding even if we see that the price is dipping and then to buy more when it has taken enough dip? Isn't it better to sell off your investment when you see that the price is dipping and to buy your investment back when it has dipped enough? Wouldn't that be more profitable?

I don't do anything specially for trading this is the trick I followed for long time because we don't need any tips and tricks that we need definitely and experience in trading otherwise out of it will definitely be very low so make some experience and trade more.

[suzanne5223]

I thought you were mentioned the trick how to pick profitable coins but seems i was wrong about that and the profit from crypto trading is depend on which coins would you hold because some of coins cannot recover the price and became an dead coin and if you pick wrong coins then i'm very sure your method will never working well

There are many tricks to pick a profitable Bitcoin and it's difficult to do a crypto trading to all should hold the coins because also can't recover the some dead to pickup a wrong coins this also a one trick in Bitcoin to do a profitabley .

I agreed with what Nahl said because the best trick ever for crypto currencies newbies is picking the right coins but they must not exclude the knowledge of knowing the right time to enter and exit the market. However, I will advice every crypto currency newbies to start by trading bitcoin while to learn more about coins.

[QuadsPoker]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

This is not really a trading trick. I think most traders apply this way of working anyway. At least I do. Something very crucial is not to put all your eggs in the same basket but to spread over 3-5 different positions in the same coin.
My opinion is that you should change your topic title. Cause even this strategy can be deathly for newbies.

On my advice also mention in your post that people must do a little research first. As you explain it looks like you can do it on every coin. You must at least mention in your post that people must look at the chart of at least the previous 2-4 weeks. Cause for example when they buy a coin in a dip but that coin pumped 50-100% in the previous days or week. So it is very likely it will retrace entirely. So even when entering 3 times the coin can keep dipping and then you get stuck with coins that maybe dont pump in the next days or weeks.

So certainly newbies can be burned in this way. They should always check previous 2-4 week chart what the coin did before, check for some support or resistance levels,.... There is just much more than just buy 3 times into a coin when its dipping.

I am using dip strategy myself but I use this strategy to make fast 0.5-1.5% profits

[Dondont]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

in my opinion we cannot see based on whether the coin or market is in a dip or not, because in this case our assets involved with the amount of coins on the marketcap can actually be dangerous. it's better if you try to learn technical analysis first, surely to check the pattern of the market that we want. And not buy just based on the current market.

[Hivalley]

we need definitely and experience in trading otherwise out of it will definitely be very low so make some experience and trade more.

Experience is important in trading,just as you've pointed out,but experience comes with time and how long one has been trading,the longer you trade,the more familiar you are with techniques,methodologies,analysis etc
So for a starter it's best to always cut low on your first investmen,and try to learn and garner knowledge through trading with very little capital,and as time goes on you'll be able to learn more tricks that's needed to be successful in trading on a larger scale

[Aris novianto]

tricks for trading beginners must know the price of coins up and down the price, first I learned to trade by buying coins whose prices declined and selling those coins at high prices, we trade must have an advantage

[el kaka22]

tricks for trading beginners must know the price of coins up and down the price, first I learned to trade by buying coins whose prices declined and selling those coins at high prices, we trade must have an advantage

There will be no special trick for beginners as everything will be working for making profits hence, any strategy or tips is meant for all type of traders. Yes, both beginners and professional traders need to know when the price of bitcoin is going to up and when it is going to down. Knowing these ups and downs is the real challenge of trading and nothing else. It is not that simple, you cannot find these easily. Still, most of the traders are making profits as we do not need an exact up or down price levels but approximate price levels are more than enough to make profits.

what do you do if it keeps dipping, or if you bought in the downtrend, you really need to discover that first before buying anything

He explained that by keep buying at dips. But, he's about having fixed capital hence I'm not sure how he will be managing for a continuous down trend markets. A trading strategy should be based on what we are trading and buying at dips and holding will work for bitcoin if the trader is ready to hold for long term.

[nicolas1979]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

Tricks will works if market condition is support our activity, newbies is new person and I think fix their mindset is more important than their strategy. I already try many strategy and momentum method is the best I know but for this one, practice and never do the same mistakes is the key. Let me try your tricks and I hope will success, thank you for your post.

[kakonhat]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

If you are lucky then you will win otherwise it will be not a good idea. Yes, I respect which you are thinking but it's so tough to understand perfect bottom. sometimes you can lose your all investment by that way. I think we should invest more coins than only one coin.

[The Cryptovator]

Look like OP new on trading platform. That's basic strategy on crypto trading. However you have remind again but it's not called tricks. You have buy on lower price and sell high price, it's nothing new. According to you buy on dip, it's not bad idea but who know where is the dip? Like you bought few coin on dip, unfortunately that's coin going more dip and you bought again then if its go more dip what you will do. Don't invest only single coin. It might be harmful for you. You can re-buy if you think price going more down. But I am not comfortable to invest only single coin.

[tenakha]

Here are some tricks if you are new to crypto world.

For me i found it good to use 3 part trading trick.

1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.

So 3 part trading is best thing.

If you are lucky then you will win otherwise it will be not a good idea. Yes, I respect which you are thinking but it's so tough to understand perfect bottom. sometimes you can lose your all investment by that way. I think we should invest more coins than only one coin.

Luck plays small role in trading and advices about luck is useless depending on the person.  Trying to catch dip is risky because traders always divide trading positions to levels that contain both min and max prices.  Diversifying is key in portfolio management in order to split risky assets to different financial assets.

[liuqi]

tricks for trading beginners must know the price of coins up and down the price, first I learned to trade by buying coins whose prices declined and selling those coins at high prices, we trade must have an advantage

These are all common knowledge for trading so beginners are know this fact. So small scale trading is improve the knowledge it is useful for future trading and some peoples are buying the crypto in day trading it will make more profit in short term so it is big risk and highly complex to predict.

[deandree]

Most used trick of newbies - making money disappear.

[richminded]

I find no special tricks above. For me, those tricks are just common strategies for beginners. Also, I don't see you recommend certain coins for newbies to buy. I think you also need to suggest newbies to buy the safest coins for investment. Many people asked about what coins that are recommended to buy for beginners. Personally, I recommend to buy top altcoins. 

That’s a good recommendation since good coins can be more profitable if you play it long term. The thing I like with the so called trading tricks is that, don’t invest without proper knowledge and have time to study the market. Newbies should also know how to control emotion, this market is not just amout money but also a place where you can find strong emotion and weak emotion, level yourself with great attitude.

[Goodvalony]

A good strategy for Newbies. buy low and sell high. it has not been that easy especially when you buy in the dip and it keeps going down. it is painful that you have no capital to buy More. also the long wait for the market to raise could be frustrating. No matter what. be patient, do not rush trades.

[bitcoin31]

It depends to newbie if they use it or not. Because newbie sometimes did not follow the expert or have experienced on trading.
Tricks maybe will not effective depends on the situation of the market if it's eligble to use or not.
 
I have also my own tricks and everyone can have their own too like me but make sure you really know how to use it.