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Author Topic: Newbie in crypto trading  (Read 1230 times)
leowonderful
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January 12, 2019, 12:39:19 AM
 #21

If you're brand-new to trading, I'd suggest holding a large portion of your crypto portfolio (or all of it) for long-term holding (don't touch the coins at all for some time, don't sell on a sudden dip, etc) and using a smaller portion of your portfolio for when you're learning how to trade through reading instructional guides that you can find on this forum and elsewhere on the web. You're naturally going to lose some money trading at first, so make sure whatever money you're setting aside for trading you can afford to lose. Holding's easier than trading for most people, but it's also important that you don't panic sell or panic buy. This does take some discipline, but it's still simpler than trading.
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January 12, 2019, 06:12:09 AM
 #22

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 suggest try to look for ethereum and even you already have ethereum try to buy and invest more because in this coming hardfork there is a tendency that the price will spike. $200 is enough to buy few amount of ethereum and you should keep in your wallet. I think strats, waves and ripple maybe the coins for right now because they have stable price.
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January 12, 2019, 06:16:04 AM
 #23

I think it's better if you will just hold it and wait for the right timing to sell, the bull run will eventually come but we need to be patient.
Trading these days is hard, especially if you are a newbie, I suggest that you do not go against the market you'll only lose.

The right timing to trade is during the bull run, it gives you a better chance to reach your goal to make money.

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January 12, 2019, 11:42:48 PM
 #24

I think it's better if you will just hold it and wait for the right timing to sell, the bull run will eventually come but we need to be patient.
Trading these days is hard, especially if you are a newbie, I suggest that you do not go against the market you'll only lose.

The right timing to trade is during the bull run, it gives you a better chance to reach your goal to make money.
During the bull run that is the best to do in trading, In trading, after you do the analysis fundamentally and technically, that doesn't mean that you can have the chance to get the win trade. Sometimes, the price varies in an unsudden way. If you really wanted to learn to trade, do not be feared for some loss. Risk it. Try to trade with a real market and use all your skills and experience. If it's not enough, learn and study. These are the things I would advise you to do. Disappointments will always be there but you have to embrace and learn from it. Trading is not easy stuff but if you have the passion, the trading industry will work for you.
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January 12, 2019, 11:56:18 PM
 #25

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.
to trade or invest, of course, you as a beginner must do research in advance about the coins you want to buy, and to trade the day you must follow the process from the beginning, do not obsess first with great profits, experience and learning to trade well that is my suggestion .

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January 13, 2019, 04:06:06 AM
 #26

When bull market started mostly all crypto will going up but some of them will be give the highest ROI, and i think for next bull market XRP, XLM, TRX will be give the best profit. So i sufggest to invest above coin for medium or long investment according to your target profit.

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enawati
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February 27, 2019, 04:32:23 AM
 #27

You should be know first how to minimize the risk from wrong trade because in each open potition will be not possible all of that will make profit , but some of that will be failed trade. So you have to understanding how to use stop loss in crypto exchange, this is the most important thing in trading and apart of risk management.

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February 27, 2019, 05:39:22 AM
 #28

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.
ETC is good to hold, so you can hold it if you don't like to trade. Another hand trading could be a risk for you because you are new in the crypto trading market. So, before trading, you should learn more. And You can buy some XRP or Bitcoin by your $200.

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February 27, 2019, 06:58:16 AM
 #29

Ethereum classic is not doing well this days and it has fall from it hight in December 2017 towards $2. However you can trade it against coins like ethereum,  litecoin, waves, stratis and dogecoin.
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February 27, 2019, 07:37:38 AM
 #30

You can look at ETC's exchanges and its available pairs at coinmarketcap. Its usual pairs are BTC, ETH and USD, but there are also other pair wherewith you can exchange it like BNB and XRP. But if I were you, I would choose ETH, XRP or BNB. With these options, you'll have broader scope to play with in the market and to make gains.
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February 27, 2019, 08:47:57 AM
 #31

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.
Since ETC was attacked 51%, I recommend getting rid of this coin by exchanging it for BTC. As for further trading, you should study the market yourself in order to understand its mechanism. As soon as you determine this, buy BTC and start trading.
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February 27, 2019, 09:19:56 AM
 #32

You should be know first how to minimize the risk from wrong trade because in each open potition will be not possible all of that will make profit , but some of that will be failed trade. So you have to understanding how to use stop loss in crypto exchange, this is the most important thing in trading and apart of risk management.
What is certain is that we must have the ability to do trading. Our knowledge and skills will increase when we have experience. I think we have to keep trying to trade to get that, when we fail then we have to keep trying. Don't give up because by continuing to trade our experience will increase and be honed. Believe in ability because with this we will get closer to success.
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February 27, 2019, 09:35:42 AM
 #33

Most of the time users get into trading with the expectation to profit big in a much shorter time period. They need to realize, such a possibility is low. If the basic plan is to learn more about the market and then if he/she intend to take part into trading practices will get you good about trading.

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February 27, 2019, 10:11:23 AM
 #34

Most of the time users get into trading with the expectation to profit big in a much shorter time period. They need to realize, such a possibility is low. If the basic plan is to learn more about the market and then if he/she intend to take part into trading practices will get you good about trading.
They had this thinking when bitcoin started to pump its price last 2017, wherein you can gain huge profit from bitcoin because of such a high volatility rate. Now I've been browsing on this section and seeing a lots of trader are complaining why they can't make a profit or why they are losing. Its time now to realize the market capability of rapid increase and decrease in short time.

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February 27, 2019, 10:54:53 AM
 #35

Buying NPXS could be considered one of the best decisions watching that they are now allocating all their tokens in the next 3 months. So after the distribution completes, I feel like Pundi X can gain back its momentum and go back 10 - 15x once again. I have studied their project very deeply and it looks like it will not take longer for this to take off once again. Don't forget that Pundi X burns their coins each time there is a transaction done.
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February 27, 2019, 11:06:37 AM
 #36

When you are new on crypto trading you will learn to suffer losses and encourage to put yourself on hardworking trading is very stressful my only tips is to study of it watch videos on youtube stuffs there's so many experts there in crypto that will help you in trading and important choose a coin that have a promising roadmap.

I don't believe in discouraging a beginner, especially the one that has chosen to learn. He chose to learn because he understands that it is not easy. And tell me which endeavour is easy... Every field requires to learn and practice on it likewise trading.

If you master trading, you record very few loses. And it will be easier. These are words of encouragement that Op needs.

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

What you need to do is to study the top 10 coins in cmc.. Cryptocurrency market capitalization. You can find it here : https://coinmarketcap.com. You can trade them especially bitcoin.

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February 27, 2019, 12:20:07 PM
 #37

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.
ETC is good to hold, so you can hold it if you don't like to trade. Another hand trading could be a risk for you because you are new in the crypto trading market. So, before trading, you should learn more. And You can buy some XRP or Bitcoin by your $200.
Now, it is a big challenge to everyone of us and so much for newbie. Yes, everything will go for a learning process and become a good trader. But to be a good trader, we must have to be in smart choice of coins. A lot of coins to choice but we don't need to much, we just invest enough that we can manage and just eventually add more if we are capable of handling them.
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February 27, 2019, 01:41:47 PM
 #38

Well, first of all I am happy for you that you decided to start trading. Trading will really be helpful to you specially if you traded or invest your money to the right crypto to be used for trading. You will really gain profits from it. Check the currency market now. You can try to check in coinmarketcap. Then you will have a list of cryptos you will choose for trading. Since almost all crypto are within the red line now, then try to invest to ICOs.

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February 27, 2019, 04:16:33 PM
 #39

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 want you to know that even you have a huge capital as your starting point in trading, if you don't have any knowledge all of it will be useless at the end  for sure. You need to begin with studying first, you cannot go in a battle war if you don't have any training which you need to undergo for it first. Same goes with trading, feed yourself first about the idea and knowledge in crypto currency.
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February 27, 2019, 04:26:22 PM
 #40

You should be know first how to minimize the risk from wrong trade because in each open potition will be not possible all of that will make profit , but some of that will be failed trade. So you have to understanding how to use stop loss in crypto exchange, this is the most important thing in trading and apart of risk management.
absolutely right and I agree with you because to have a very good and fast success trade must deepen the knowledge of the crypto world because of the big risks. so you also have to be patient and never panic when the market goes down because if you panic it will make you lose money
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