Bitcoin Forum
October 24, 2020, 09:05:07 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to Trade Cryptocurrencies | Easy Crypto Trading Guide [2019 Edition]  (Read 92 times)
Stella_btc
Jr. Member
*
Offline Offline

Activity: 92
Merit: 1


View Profile
February 13, 2019, 11:44:21 AM
 #1

Knowing the basics of the crypto trading and how does cryptocurrency work is the fundamentals that a crypto investor must be thorough with. Before taking the initiative to trade, you must know the cryptocurrency well, i.e. you must follow the updates regarding not only the currency but the market too.

Cryptocurrency is one of the finest creation of the digitized world, which is growing its consumer base exponentially. As people are becoming aware of the technology behind cryptocurrency, the acceptance level is also surging upward.

So, let's go through all the steps involved in cryptocurrency trading to help you become a pro-crypto trader in 2019


 1. Choosing The Best Trading Platform
 2. Choose The Coins You Want To Invest In
 3.Check The Price At Which Your Preferred Cryptocurrency Is Trading
 4. Choose The Best Rate Amongst The Best Exchanges
 5. Trade And Store In A Secure Wallet

To know in detail read here: https://coinswitch.co/news/how-to-trade-cryptocurrencies-latest-cryptocurrency-trading-guide-2019-edition

Please let me know your thoughts on this.....
1603573507
Hero Member
*
Offline Offline

Posts: 1603573507

View Profile Personal Message (Offline)

Ignore
1603573507
Reply with quote  #2

1603573507
Report to moderator
1603573507
Hero Member
*
Offline Offline

Posts: 1603573507

View Profile Personal Message (Offline)

Ignore
1603573507
Reply with quote  #2

1603573507
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1603573507
Hero Member
*
Offline Offline

Posts: 1603573507

View Profile Personal Message (Offline)

Ignore
1603573507
Reply with quote  #2

1603573507
Report to moderator
1603573507
Hero Member
*
Offline Offline

Posts: 1603573507

View Profile Personal Message (Offline)

Ignore
1603573507
Reply with quote  #2

1603573507
Report to moderator
malekbaba
Legendary
*
Offline Offline

Activity: 1372
Merit: 1022


Worldwide Payments Accepted in Seconds!


View Profile
February 13, 2019, 01:59:04 PM
 #2

You know a lot about crypto as a new member. 6 years in crypto and still I do not know properly to trade. Cause there is no 100% profitable way to trade, not only in crypto, nowhere.
if there are some people who always make profit, there should be some people who always sell at loss. Even Pro-traders make significant loss due to the nature of volatile currency. I made enough profit while I was a noob but last year I had to sell at loss.

bittraffic
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 520



View Profile WWW
February 13, 2019, 02:42:27 PM
 #3

Quote
2. Choose The Coins You Want To Invest In

Its best to just choose bitcoin itself. The pair BTC/USDT. Its the best thing to do, I don't really recommend choosing which coin as there is no other coin to trade where it has every thing you need including the price fluctuation and volume. Don' t pick any other coin.


                    ███████████████████████████████████
                   █████████                       █████
                  ██████    ████                      ████
                ██  ██ ██       ████                  ██ ██
              ███  ██   █           █████             ██   ██
             ██    ██   ██               ████          ██   ███
           ███    ██     ██                  ████      ██     ██
          ██      ██     ██                      ████   ██     ███
        ██        █       ██                         ██████      ██
      ███        ██       ██                          █████        ██
     ██          █         ██                       ███  ██         ███
   ███          ██          █                    ███     ██           ███
 ████           ██          ██                 ███        ██          █████
 ████          ██            ██             ███           ██           ███
  ██           ██            ██           ███              ██          ██
   ██         ██              ██       ███                 ██          ██
   ██         ██              ██     ███                    ██        ██
    ██       ██                ██████                       ██        ██
    ██       ██               █████                          ██      ██
     █      ██               ████ ████                       ██      ██
     ██     ██             ███        ████                    █     ██
      █     █           ███              ████                 ██    ██
      ██   ██         ███                    ████              █    █
      ██   █       ███                           ███           ██  ██
       ██ ██     ██                                 ████       ██  ██
       █████  ███                                       ███     ████
        ██████                                             ████ ████
        █████                                                ███████
        ██████                                               ███████
             █████                                        ████
                  ████                                ████
                      ████                       █████
                          ████               █████
                              ████       ████
                                  ███████
                                    ████
 
.Poolz | Decentralized Swap Layer  ..Lightpaper....
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
bolshojkush
Sr. Member
****
Offline Offline

Activity: 728
Merit: 252


View Profile WWW
February 13, 2019, 03:58:39 PM
 #4

I understood that this post advertises https://coinswitch.co/ I have not heard anything about this exchange monitoring before. Moreover, it is risky to exchange crypto currency using this exchange, sending your savings to the issued address. Of course maybe I misunderstood how it works.
deodivine1
Copper Member
Jr. Member
*
Offline Offline

Activity: 659
Merit: 1


View Profile
February 13, 2019, 04:13:15 PM
 #5

To become a pro-trader like you mentioned, you definitely need to be good with technical analysis TA. without a good hold of your TA, you will keep getting burnt in trades. For instance, before buying in or selling , you should know if the coin is at support level, if it broke resistance etc. Also, if you are good at reading market emotions, it will assist you a lot. Lastly I must say do not buy into coins because it was announced in a pump group, you will surely get burnt if you are a noob.
Magkirap
Sr. Member
****
Offline Offline

Activity: 896
Merit: 263


★Bitvest.io★ Play Plinko or Invest!


View Profile
February 13, 2019, 05:10:15 PM
 #6

To become a pro-trader like you mentioned, you definitely need to be good with technical analysis TA. without a good hold of your TA, you will keep getting burnt in trades. For instance, before buying in or selling , you should know if the coin is at support level, if it broke resistance etc. Also, if you are good at reading market emotions, it will assist you a lot. Lastly I must say do not buy into coins because it was announced in a pump group, you will surely get burnt if you are a noob.
Before you become a good pro-trader you must have enough knowledge about it. It's hard to become pro-trader but if you keep on learning and gaining knowledge about it you can really become pro-trader. Make your own research about the price than joining in pump group.



BIG WINNER!
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████
▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░▄███
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████
██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░
▀██░▄▄▄▄░████▄▄██▄░░░░
▄████████████▀▀▀▀▀▀▀██▄
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄
▀██░████████░███████░█▀
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████
▀████████████████████▀




Rainbot
Daily Quests
Faucet
Peterdav
Full Member
***
Offline Offline

Activity: 840
Merit: 100


[https://www.clickgem.com Supporter]


View Profile
February 13, 2019, 05:21:37 PM
 #7


 1. Choosing The Best Trading Platform
 2. Choose The Coins You Want To Invest In

It's good explanation.
I will recommed Binance for those of you who want to start trading. Binance is good exchange platform with hight volume trancsaction.
Focus only to the coin that you want to trade, BTC and ETH is a good choice. 


amrulshare
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 546


Monday Hit Me Every week


View Profile
February 13, 2019, 05:35:17 PM
 #8

trading cryptocurrencies is easy, but the problem is how everyone gets consistent profits. however, I appreciate your statement because it might help new people who are new  know bitcoin.

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
fvb
Member
**
Offline Offline

Activity: 654
Merit: 11


View Profile WWW
February 13, 2019, 06:06:26 PM
 #9

Knowing the basics of the crypto trading and how does cryptocurrency work is the fundamentals that a crypto investor must be thorough with. Before taking the initiative to trade, you must know the cryptocurrency well, i.e. you must follow the updates regarding not only the currency but the market too.

Cryptocurrency is one of the finest creation of the digitized world, which is growing its consumer base exponentially. As people are becoming aware of the technology behind cryptocurrency, the acceptance level is also surging upward.

So, let's go through all the steps involved in cryptocurrency trading to help you become a pro-crypto trader in 2019


 1. Choosing The Best Trading Platform
 2. Choose The Coins You Want To Invest In
 3.Check The Price At Which Your Preferred Cryptocurrency Is Trading
 4. Choose The Best Rate Amongst The Best Exchanges
 5. Trade And Store In A Secure Wallet

To know in detail read here: https://coinswitch.co/news/how-to-trade-cryptocurrencies-latest-cryptocurrency-trading-guide-2019-edition

Please let me know your thoughts on this.....
I want to learn how to trade.  But your post, did not explain anything new.  Every novice trader knows this.  I would rather consult with my friend who has been trading for almost three years now.

  ●   John McAfee Supports   ●
 ❰❰❰❰❰❰  Advertising Platform  ❱❱❱❱❱❱ 
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●●    ●  YOUC  ●    ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ●
s4mp1nt0
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
February 13, 2019, 06:24:16 PM
 #10

Knowing the basics of the crypto trading and how does cryptocurrency work is the fundamentals that a crypto investor must be thorough with. Before taking the initiative to trade, you must know the cryptocurrency well, i.e. you must follow the updates regarding not only the currency but the market too.

Cryptocurrency is one of the finest creation of the digitized world, which is growing its consumer base exponentially. As people are becoming aware of the technology behind cryptocurrency, the acceptance level is also surging upward.

So, let's go through all the steps involved in cryptocurrency trading to help you become a pro-crypto trader in 2019


 1. Choosing The Best Trading Platform
 2. Choose The Coins You Want To Invest In
 3.Check The Price At Which Your Preferred Cryptocurrency Is Trading
 4. Choose The Best Rate Amongst The Best Exchanges
 5. Trade And Store In A Secure Wallet

To know in detail read here: https://coinswitch.co/news/how-to-trade-cryptocurrencies-latest-cryptocurrency-trading-guide-2019-edition

Please let me know your thoughts on this.....

That was a good guide. but the number 5 is not advisable for the day traders because the of fees for transfering. maybe it is good for "buy and hold a bit trader"
anyways goodluck traders. invest at your own risk and remember invest what you afford to lose.

sorrros
Full Member
***
Offline Offline

Activity: 958
Merit: 104


ludenaprotocol.io


View Profile
February 13, 2019, 06:28:13 PM
 #11

Without knowledge, trading bots and signals you are going to loose your money. So be careful and do not see only profits. Trading is very risky and remember that everyone has also bad trades, but you have to have more good trades than bad trades Smiley.

► LudenaProtocol ◄ ♦️ A Gamified Social Platform for Worldwide Gamers ♦️ ► LudenaProtocol ◄
───●●───●●───●●───●●───●●─[   Bounty Detective   ]─●●───●●───●●───●●───●●───
Website|Twitter|Medium|Telegram|Instagram|Whitepaper
Dannev
Jr. Member
*
Offline Offline

Activity: 169
Merit: 1


View Profile
February 13, 2019, 10:31:51 PM
 #12

Quote
2. Choose The Coins You Want To Invest In

Its best to just choose bitcoin itself. The pair BTC/USDT. Its the best thing to do, I don't really recommend choosing which coin as there is no other coin to trade where it has every thing you need including the price fluctuation and volume. Don' t pick any other coin.

In the case where the price of Bitcoin is on a high side for the trader, do you think the person will still consider trading it when there are other better choices to choose. Individual opinion differs.
kawetsriyanto
Hero Member
*****
Offline Offline

Activity: 938
Merit: 728


☀️ Win a Lambo ☀️


View Profile
February 14, 2019, 05:05:32 AM
 #13

~snip~
 2. Choose The Coins You Want To Invest In
~snip~

It should be revised ---> 2. Choose The Coins You Want To buy for trading

Any way, I am quite interested in this step. But I think it needs more explanation related to how to choose right coins for trading. Actually, I am looking for your tips on selecting the right coins. It is also very crucial to determine the success on trading activity.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
bittraffic
Hero Member
*****
Offline Offline

Activity: 1694
Merit: 520



View Profile WWW
February 14, 2019, 07:44:07 AM
 #14

Quote
2. Choose The Coins You Want To Invest In

Its best to just choose bitcoin itself. The pair BTC/USDT. Its the best thing to do, I don't really recommend choosing which coin as there is no other coin to trade where it has every thing you need including the price fluctuation and volume. Don' t pick any other coin.

In the case where the price of Bitcoin is on a high side for the trader, do you think the person will still consider trading it when there are other better choices to choose. Individual opinion differs.

In most case all altcoins depend to bitcoin price movement. If bitcoin rises all the rest goes up too and if bitcoin goes down all the rest are going down because their prices are relatively dependent to Bitcoin. So you might as well just trade with BTC/USDT than of any altcoin because the fluctuation with BTC is much steeper than any altcoin.


                    ███████████████████████████████████
                   █████████                       █████
                  ██████    ████                      ████
                ██  ██ ██       ████                  ██ ██
              ███  ██   █           █████             ██   ██
             ██    ██   ██               ████          ██   ███
           ███    ██     ██                  ████      ██     ██
          ██      ██     ██                      ████   ██     ███
        ██        █       ██                         ██████      ██
      ███        ██       ██                          █████        ██
     ██          █         ██                       ███  ██         ███
   ███          ██          █                    ███     ██           ███
 ████           ██          ██                 ███        ██          █████
 ████          ██            ██             ███           ██           ███
  ██           ██            ██           ███              ██          ██
   ██         ██              ██       ███                 ██          ██
   ██         ██              ██     ███                    ██        ██
    ██       ██                ██████                       ██        ██
    ██       ██               █████                          ██      ██
     █      ██               ████ ████                       ██      ██
     ██     ██             ███        ████                    █     ██
      █     █           ███              ████                 ██    ██
      ██   ██         ███                    ████              █    █
      ██   █       ███                           ███           ██  ██
       ██ ██     ██                                 ████       ██  ██
       █████  ███                                       ███     ████
        ██████                                             ████ ████
        █████                                                ███████
        ██████                                               ███████
             █████                                        ████
                  ████                                ████
                      ████                       █████
                          ████               █████
                              ████       ████
                                  ███████
                                    ████
 
.Poolz | Decentralized Swap Layer  ..Lightpaper....
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
LUGHUL
Jr. Member
*
Offline Offline

Activity: 390
Merit: 1


View Profile WWW
February 14, 2019, 08:15:26 AM
 #15

I think the crypto community already understands how to trade on the exchange. In my opinion, the difficult thing for the crypto community is to choose promising coins in the future. Because some crypto communities are often hit by scams or shit coins.

▼ mindsync.ai ▼
 ▬▬▬▬▬▬▬▬▬
△ Join now △
Moiyah
Member
**
Offline Offline

Activity: 630
Merit: 20


View Profile
February 14, 2019, 08:16:55 AM
 #16

Just a basic guide in trading. Not easy to choose what altcoin to invest in. Also use trading view to monitor their prices and to decide where to buy at the lowest price that is in favor to you. That is, if you know how to read indicators. I guess your guide pertained only in altcoin trading and not in margin trading.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!