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Author Topic: Where to start Crypto Trading?  (Read 261 times)
TokenTuber (OP)
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July 24, 2019, 02:00:58 AM
Last edit: July 24, 2019, 02:21:29 AM by TokenTuber
Merited by CryptopreneurBrainboss (1)
 #1



Hey everyone!

If you are hearing about crypto news on daily basis, and wondering "How can I actually start buying and selling Crypto currencies?" then this post is perfect fit for you.

We will look into steps that can help you understand this environment better.



As you already know, whenever you start doing something new, there will be a time where you will suffer and even get hurt until you achieve the desired skill.

Let's look at the guitar example, when you start learning how to play a guitar, first few weeks your finger tips will burn, your skin will come off and playing will be even more difficult for you.
However, with enough dedication, you will realize that after some time, the pain will fade and you will actually started seeing the progress of your skills.
There are different phases that you need to go thorough when you want to start trading crypto currencies as well and some might be painful.
 To reduce this pain to a minimum and pass that phase as quickly as possible we need to complete phases before close to perfection.

That is the logic behind a step by step approach, now how about we dive deep on these steps and get bit more closer to trading crypto currencies.



Finding a guide to lead your way is very important for two reasons.
First because it is the experience of other people which in this case you benefit their from their experience, on the other hand diving into something without proper plan and strategy
is very bad idea and this guides can help you plan your steps ahead of way.

Actually, right now you are reading one of these guides, but there is an important point here always cross check different guides so we recommend you to check another guide to help
you and compare your findings on both of these guides.

Shall we move to next step?





This step is definitely the most important and probably the most time consuming phase as there are many different platforms sharing constant information and yet some can be true and some can false.
Finding the correct platform to make your research is definitely a key here.

Let's look at our options in hand, we can go with traditional way which reading about crypto currencies. There are thousands of articles being published everyday.
 Initially finding your way can be difficult however by the time you will start finding reliable source and if you stick to those sources you will be able accumulate enough knowledge on basics.
However, this method is really time consuming as you need to read through long long articles and keeping the interest and patience could be a problem.

That is why instead we recommend you to watch videos related to topics you are interested in. With this way while you are saving too much time also you will receive the core and
most important piece of information in a fun way. The problem here is very similar to written contents, there are too many sources and you don't know which one is reliable and keeping
your interest up while learning can be an issue too.

And exactly here where the TokenTuber comes handy. If you are wondering "What is TokenTuber?". TokenTuber is your gateway to the crypto world: a curated video content platform
that only features blockchain related content for novice (PRESENT YOU) and crypto traders (FUTURE YOU). What TokenTuber does for you is, they find quality video creators and combine
 all their created videos on a platform which is just dedicated to crypto currencies and blockchain.



While you are learning watching this hand picked videos, you will also get rewarded with TT coin for your contributions.
Basically while learning you already started making your first crypto coins already without any cost or risk!
Cheers to that.




After we accumulating enough information to see the patterns and have full understanding of terms and features now it is time give a try.
 This is the step where it can be painful but it doesn't have to be.

First rule of this step is be patient and don't over commit. What do we mean by that is, small gains can look attractive and you will feel like you need to invest more , well don't! (at the beginning).

 Try to observe the flows and patterns before diving deep. At some point you will see that things will start making sense and you won't feel surprised by changes in the marketplace.

You can use your TT coins that you earned on TokenTuber and use these coins to experiment with things but of course first observe what others are doing with their TT coins.
There will be trade exchange and investment games and many other options will be available on TokenTuber platform.
These each experiences will help you to build the confidence and expertise you need for bigger scale trades.

Once you have done these all steps and made your first hundreds that is your time change that LinkedIn title to "Crypto Trader".

!!!!Always keep in mind that even certain looking patterns , predictions and even personal suggestions can be misleading. Make your research well don't get hurt on the finger tips!!!!!

What questions did you have in your mind when you started your crypto journey?
Let us know in this survey: https://medium.com/r/?url=https%3A%2F%2Fwww.surveymonkey.com%2Fr%2F35CZZ6B




If you want to learn more about TokenTuber, please join our Telegram group and request Whitepaper.

Telegram: https://t.me/tokentuber
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July 24, 2019, 07:10:00 PM
 #2

You do not actually need your computer to be on 7/24 if you want to test for a short period of time. There are VPS solutions like amazon that can give you some free time to test and you can open couple of accounts as well with different mail addresses which means you can test the downloadable ones.

Moreover, it takes more time and it is definitely easier to just use one that is always online for you but do not forget that its also a lot more riskier. If you are giving your information to a place for you to trade and there are hundreds of people like you that does the same thing then one hacker can hack that place and even if they can't withdraw via api they will at least do pump and dump using your money. Hence downloabale solutions are actually safer if you want to try.

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July 24, 2019, 08:11:23 PM
 #3


The images are: (don't want to quote the whole post)

1) Find a Guide
2) Watch and Learn
3) Observe and Try

1) Guides are really necessary but not the usual trader that will teach you head to toe. Especially the trading newbies, they should treat that guides seriously in order to have a reference for their future strategy.

2) I agree to OP's point about just watch videos related to topics people are interested in. No need to watch the entire trading stuffs videos as it might result in confusion during the early phase. Basic things before start doing trade are enough. Advance knowledge can be learned later on.

3) That's the part wherein a trader will now start studying coin's behavior and volume. This is a difficult part since people will rely on these for their future strategy.

Overall, the experience will teach any trader how to become used to deal in the crypto market. It will take time to learn so be serious.

Although OP is promoting their site, good thing it posts some pointers too and not just a direct advertisement. I just don't know what the site is all about so your's to explore it.

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July 24, 2019, 08:13:29 PM
 #4

You can also trade on mobile and mostly exchanges also offer a mobile app or website version for smartphones, but you always should not e able withdrawal via api key, and yes is a risk because hackers can hack almost anything and they can make pump and dump via api.

Trading on a mobile website version of an exchange or a mobile app really isn't ideal in the end, though, because you can easily fat-finger a trade and potentially buy more or less than you actually want, which could cost you money. You should be trading on the main desktop site of an exchange whenever possible to avoid this.

Additionally, I have found in my experience of trading and learning how to trade that many videos are simply not as detailed or in-depth as a good trading article on a site like Medium or somewhere else. A lot of the best knowledge I've gained in relation to trading came from reading articles, though there are also good videos out there for mostly simpler ideas in trading.
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September 18, 2019, 02:29:40 PM
 #5

Why do I have to choose TokenTuber rather than reputable large exchanges like Huobi Global or Binance exchanges?
What are the advantages of TokenTuber compared to those two major trading platforms? I want to know how you operate and show us the potential of this exchange!

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September 19, 2019, 06:19:23 AM
 #6

<snip>

If i'm not wrong then i think mostly beginner follow those kinda steps. Then what's the new..? And you talking about some app which i always do not prefer to anyone. In trading i think it's a good choice to avoid bot or that kinda app which act like a bot. In trading you have to face loss and profit both side. So it's totally ok if you get losses sometimes.

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September 19, 2019, 12:06:57 PM
 #7

Anyone who is new to this business, it is still good to based our choice of reference in coinmarketcap(CMC).
I don't need an exchange which is not familiar to me, I am much confident and comfortable to use exchange site platform
to start my crypto trading, just like Kucoin, Okex, Idax, Houbi and Binance as well.
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September 20, 2019, 12:07:45 AM
 #8

one thing, learning to trade cannot be compared to learning guitar,
learning guitar needs to practice directly,
but trading, we need theory and practice, but we don't have to feel defeat, because we can analyze the movement of coins without having to trade, and after the results of our analysis are good and accurate, then we can start trading.

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September 20, 2019, 06:54:27 AM
 #9

you talking about some app which i always do not prefer to anyone. In trading i think it's a good choice to avoid bot or that kinda app which act like a bot. In trading you have to face loss and profit both side. So it's totally ok if you get losses sometimes.
Yes, subject of this discussion is somewhat misleading like OP is adverting their own app to the trading aspirants. Definitely any app cannot be a good way to start with as we are having enough and effective resources all through out the internet. Also, just depending on only one resource may lead to disasters over the time. We just need to be open for all the resources so that we may extract exactly whet we need to be a professional trader.

In MintMe anyone can create a token and back it up with original creations (Video, pictures, songs, etc) and decide whether to sell it or make a crowdfunding campaign to invest in it
You are talking about creating a new tokens and about selling/marketing it whereas OP is trying to convince their app for traders. I am afraid about this community as you people are misguiding novice traders.

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September 20, 2019, 07:20:22 AM
 #10

Anyone who is new to this business, it is still good to based our choice of reference in coinmarketcap(CMC).
I don't need an exchange which is not familiar to me, I am much confident and comfortable to use exchange site platform
to start my crypto trading, just like Kucoin, Okex, Idax, Houbi and Binance as well.

You are absolutely right that beginners need to start with well-known and trusted exchanges. I like the list you proposed. I would add https://revain.org/exchanges/livecoin to this list. At the specified link you can read reviews. Keep in mind that this is just my opinion. Each trader will have his own list and it is not necessary that it be like a list of others.
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September 20, 2019, 09:06:07 AM
 #11

I will suggest beginners try in binance.

1. Binance is a big exchange.
2. They have a lot of coins to trade.
3. New people don't have to do KYC if they don't want.
4. People can cover their trading fee with BNB coin and don't have to use bitcoin as the fee.

It is up to you on what exchange you want to use but remember that you don't need to use big money if you don't know or you are still learning on trading because that will not help you to make a profit unless you have a luck in trading.

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slaman29
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September 20, 2019, 10:06:17 AM
 #12

one thing, learning to trade cannot be compared to learning guitar,
learning guitar needs to practice directly,
but trading, we need theory and practice, but we don't have to feel defeat, because we can analyze the movement of coins without having to trade, and after the results of our analysis are good and accurate, then we can start trading.

Well, same thing about playing guitar. You can practice until you are perfect in your room but you think you are perfect without getting outside opinion.

Play in the real world. Let real people listen. Then you find out how good you are in public. How good people think you are because that is all that matters when it comes to music.

Any industry you only know how good you are in the real environment. Trading in practice without emotions, without real money at stake and real market conditions?

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Yaunfitda
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September 20, 2019, 10:50:57 AM
 #13

I will suggest beginners try in binance.

1. Binance is a big exchange.
2. They have a lot of coins to trade.
3. New people don't have to do KYC if they don't want.
4. People can cover their trading fee with BNB coin and don't have to use bitcoin as the fee.

It is up to you on what exchange you want to use but remember that you don't need to use big money if you don't know or you are still learning on trading because that will not help you to make a profit unless you have a luck in trading.

Funny thing is, when I started to trade, Binance is not yet there, so I began with journey on some shitty exchanges such as Yobit. And I think people around the time (2016-2017) doesn't have a choice but to start and learn from shitty exchanges in the past.

And I think it really did good for me, learn from those worst exchange and then gradually move when I gain and learn a lot. So it's a positive thing, in my opinion.

But right now, its the other way around, newbies can go to Binance and other reputable exchanges of today. What a total contrast.

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September 20, 2019, 01:06:42 PM
 #14

wow, this is really a pretty new platform for me. This really interest me but I really want to see a large community.
I noticed that TokenTuber is planning to IEO on Hotbit and September 27, but it should appear on Twitter to make it easier for people to find. I suggest that our project should have a twitter channel of around 5k $ followers, so it's better to increase trust.

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September 21, 2019, 05:33:18 AM
 #15

one thing, learning to trade cannot be compared to learning guitar,
learning guitar needs to practice directly,
but trading, we need theory and practice, but we don't have to feel defeat, because we can analyze the movement of coins without having to trade, and after the results of our analysis are good and accurate, then we can start trading.

Well put there. learning is very important before starting with any new venture. This part must be taken seriously to avoid any neg circumstances later.
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