Newbie in crypto trading

[A L I E N]

You better learn first about trading, learn about technical analysis and fundamentals, it's very important for a trader, but if you only want to buy coins and hold them for a long time, I recommend buying voin on the list of the top 20 coinmarketcaps, you can choose one of them or buy all of them.

You can learn much about trading and the cryptocurrencies before you start dealing with it, and do not pay anything for the stuff. Simply find the channels on YouTube with the relative content.

[Noa_Amable]

Do more research and always filter out what others have suggested. For me if you are truly a beginner then you should trade on coin coins that have potential and large trading volumes because it will reduce the risk of losing you.

maybe to reduce the risk of loss start investing and trading using money that we can sacrifice, and with a small amount, this aims if we lose we do not fall too deep and try to enter the trade accompanied by a teacher, or a friend or relative who already understands the crypto world.

sure, an adequate person realizes that trading or investing is a risky thing and you shouldn't risk the only money you have

[joromz1226]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

I think you should use $ 200 to invest in BTT. The value of the coins is going down and investors will take this opportunity to buy ETH and BNB to buy more BTT.
You can invest pair BTT and BNB. Your profits will receive from 5-12% during this investment. But wait another 10 hours, the red candle will stop and you should buy it right away.

BTT, like any other ICO is risky for any kind of investments, short or long term. I`m not so familiar with tron network, but as I know with holding trons you get some BTT tokens, check that out, in that case it would be better to invest in tron and to get btt on top of that, with same investment. In crypto you need to be smart and to take as much as you can with any amount.
With 200 dollars, buy bitcoins with 100 dollars and wait next rise over 4000 dollars and collect the profit. If price drop more buy again for 100 dollars or less and wait for profit, price will go back over 4000k in period of next 30 days, what we should do now is to feel the bottom with our buying and wait for profit.

Make some research first at the coinamarketcap, then look for the coins that are belongs to top 5 in the market dude.
Then after you find out what it is you do the chance to buy them, then while doing it do learn and observe what they're doing
in the platform.

[Timmzzy]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

See one idea am going to point out to you is don't let anyone determine the market for you, I know you will want to have some advice which will really help out but try to fish out your own ideas and understand them.

[RokokGudangGaram]

for beginners it is good to enter the market today because the price of coins is still cheap and it will be an opportunity for you to buy lots of high coins so that later you can get a big profit

[Barbut]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

See one idea am going to point out to you is don't let anyone determine the market for you, I know you will want to have some advice which will really help out but try to fish out your own ideas and understand them.

I wouldnt touch those 20 ETC, I would keep them. With 0.5 ethereum you can have some fun and learn something about trading. I can only suggest mid and long term trading, get into something and wait some time, month or two before you get the profit. Now when many coins are down its great to start piling up some good coins and wait the end of this year when prices tend to rise more, and maybe you can have some good profit, same like I do, I have more success like that than with day trading.

[South Park]

The common misconception about the cryptomarket is that all coins is worth investing and holding and they make profit out of it. "Shit" coins, less volatile coin and under valued coin is not worth for a newbie and instead the high ranks coin is a must to trade as a newbie for them to experience trading and be familiarized.

I have always found interesting why this is a common misconception, when in most websites that I read most people only suggest to hold bitcoin and just a few others also recommend holding a few altcoins and yet I keep seeing newbies holding altcoins that I have never heard about before and as you may guess they lose all their investment when that coin turns out to be a scam, it is likely they are thinking of getting the same results as the first bitcoin holders but I do not see any coin giving those profits anymore.

[onecall123]

for beginners it is good to enter the market today because the price of coins is still cheap and it will be an opportunity for you to buy lots of high coins so that later you can get a big profit

Exactly, that would be expected. Anyway, we have to wait until further hard fork and pump announcements, this is what going to happen next. I just bought some more in anticipation. I remember that good days when bitcoin was its peak price in 2017.

[redsun114]

I would suggest the newbies not to get involved in things you do not have knowledge about.
This is very important and is essentially necessary because if you get involved in things you do not have the knowledge about, you face difficulties in excelling at it and this ultimately leads to loss.

Try to invest in famous good coins and trade when you have the benefits to trade because newbies often lose value at trading.

[WillyZ]

Before you start buying or trading anything you should learn the basics first. Make sure you have the proper knowledge about cryptocurrencies and about the security that is needed for you not to lose your money. There's no point in becoming an expert trader and then losing your crypto because of inadequate security measures. For starters, all of the funds that you are not trading with, I suggest you take them to an external wallet and not keep them on exchanges. You probably have heard about Quadriga. All of the money people kept on that exchange is now lost. Don't make the same mistake. You can also invest in proper devices for your crypto devices, such as a cold storage hardware wallet, maybe a specialized offline computer to keep your funds, or even a smartphone that is specially created for cryptocurrencies, for example, the Wings WX phone by BitWings. Whatever you decide to do, remember that knowledge is key in starting with anything new.

[javainn]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

$ 200 is the amount you are worth as a newbie. try to trade on coins that are already on the top crypto coin top. This can be used as one of the things that are profitable than you have to choose the wrong coin.

[aderidwan98]

I suggest you choose the top 10 coins in coinmarketcap, this is a coin that has good development and also the potential for rising prices is also quite large and the possibility of scam is very small.

[Best Dreams]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

If you want a sure token to trade with, it is much good and better to choose on the top 20 altcoins at the coinmarketcap.
With this you are sure taking home profit due to the market most of the time that belongs to top 20 are anyhow aggressive according to
the actual chart graph in the platform exchange.

Since a newbie is not so experienced and cannot analysis the charts properly, buying from the  top 20 altcoins  is always a save move from him. The other thing he need to learn is to hold the coins and do not panic if the price goes down. So even if the price dump from his buying, being in top 20 means that coins will recover someday and there will be no loss if he does not sell in loss.

Yes to become a good trader you will have to have good information and good knowledge about trading if you will have skills and information trust me you will never have to face lose, there are plenty of websites which helps new traders to enhance their knowledge so search about it and increase your knowledge as much as you can.

[GreatArkansas]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

My suggestion to you is, first, start with fresh portfolio, like you will convert all your altcoins to stable coin or btc, because most of the coins now are btc/usdt pair, 2nd, choose the best exchange with good volumes and learn how exchange work, how to set buy orders and sell orders. 3rd, learn the basics of trading, like how to identify supports and resistance. Last, don't believe to anyone in crypto, you will go in this battle alone, just learn and keep studying how to trade.

[redsun114]

If you are new, you must know how you want to act, if you want to be an investor or a market speculator, but the truth is that if you buy right now, what you should do is keep it, until it goes up. I do not know how long it will last, but it will go up, I recommend Bitcoin. And with that you are learning, reading a lot, especially books.

I think new traders do not have to buy coins, the first thing to do is to learn how to trade properly and correctly and how to determine the situation of movements that can be seen from the graph, when you can read it all then trade will become easier and will definitely get profit.

Normally, it is better and is suggested to learn everything about the cryptocurrency that you would later on need to make use of to make money. So that is actually the first step.

Yes, the top ten coins in the market are really the attractive coins and they should be targeted to make money. There are coins like Eth available at low cost and have great potential so starting with ETH would not be a bad idea.

[GregH37]

Before you start buying or trading anything you should learn the basics first. Make sure you have the proper knowledge about cryptocurrencies and about the security that is needed for you not to lose your money. There's no point in becoming an expert trader and then losing your crypto because of inadequate security measures. For starters, all of the funds that you are not trading with, I suggest you take them to an external wallet and not keep them on exchanges. You probably have heard about Quadriga. All of the money people kept on that exchange is now lost. Don't make the same mistake. You can also invest in proper devices for your crypto devices, such as a cold storage hardware wallet, maybe a specialized offline computer to keep your funds, or even a smartphone that is specially created for cryptocurrencies, for example, the Wings WX phone by BitWings. Whatever you decide to do, remember that knowledge is key in starting with anything new.

One thing I so much love about crypto technology is that you keep learning one or 2 things on a daily basis just like I grabbed some now through your write up.

I never knew that a special smartphone has been created for crypto currency which will really be a good idea but provided it has all the security features as IPhone, if it doesn’t, then it is not worth it because if you live in a country where phone theft is 5% of their business, how do one cope with that, it means once the phone is stolen, then all is lost too. For computer wallet, I have been using exodus wallet for a very long time now and I am enjoying it so much especially the fact that you can do some exchanges directly on it.

[xvids]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

As a trader I think it is best to try it first with a small amount,
And don't just pick some crypto because a fellow member or friend suggest it,
Do some research first and if you think that your investment would be worth it then go.

[totoprayogo]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

You should first monitor the price of coins in the market, and pay attention to which coins are up and down steadily, to avoid losses or cutlose. and in my opinion considering the declining price of ethereum. You should invest it in ethereum coin, which is estimated to be dumped in 2020,

[South Park]

My suggestion to you is, first, start with fresh portfolio, like you will convert all your altcoins to stable coin or btc, because most of the coins now are btc/usdt pair, 2nd, choose the best exchange with good volumes and learn how exchange work, how to set buy orders and sell orders. 3rd, learn the basics of trading, like how to identify supports and resistance. Last, don't believe to anyone in crypto, you will go in this battle alone, just learn and keep studying how to trade.

By far the best advice that you gave is the last one, when it comes to investing everyone is looking for the same thing and so you cannot rely on anyone else, if you want to make profits then you need to find a way to do it for yourself otherwise you will lose money or in the best case scenario your profits will not be as good as they could be, but that rule not only applies to this market it applies to all of them, sometimes I wonder what are people thinking when they invest in a stock just because someone on TV recommended that stock in one of those financial television shows as if they did not know that the person giving that tip probably bought that stock for cheap and then he will sell it for big profits later once the show is broadcast.

[ajdaj]

Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.

You should first monitor the price of coins in the market, and pay attention to which coins are up and down steadily, to avoid losses or cutlose. and in my opinion considering the declining price of ethereum. You should invest it in ethereum coin, which is estimated to be dumped in 2020,

I think that each user of cryptocurrency expects positive changes in the cryptocurrency market in the near future and if we are not reapers, today we can profitably invest in the top ten of the market rating today. There is a great choice to invest your money at your discretion.