Beginner Trader

[redsun114]

It's just important that you start with exchanges with good background feedback on the bitcoin and crypto space industry. And to determine if they are legitimate you must first examine them carefully on the coinmarketcap. Besides you can see a good platform on this site too.

Please be careful on those circulating exchange sites these days, we can't be certain if they're legit or not. Some of them may find not good and shady on their corresponding trading platforms. It's very important to check and verify that those sites didn't have anomalies, like scam history.

That is what he is saying too, which is why he referred to coinmarketcap, the best way to get the best exchange to trust is just to use coinmarketcap to check the ones that are listed as top which I don’t think that they are biased in their judgment as you could find that most of the exchange that are listed as top are actually the best ones that we have for now.

I don’t know why it should be difficult for people or any newbie to go for best exchange than trying those ones that do not have any promising future and will eventually end up running away with one’s money or investment in the future. I just use binance, kucoin and Bittrex for most of my trades and I don't think that I have had much issue with them since I started using them, for my trades.

[ddreadster]

If you're new, then you should probably start with something more known.

[gaston castano]

if you want to deposit money you should invest in a company, or buy a good stock. or if you intend to trade, do it in the market such as binance, upbit and others. and start joining private class trading free/paid usually they don't charge too much a fee. You do not need to invest in these weird sites.

[virasisog]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

Just make sure to do the opposite.

Fastest Ways To Go Broke Trading
- Trade Without Stop Losses
- Go All In On One Trade
- Borrow Money To Trade
- Trade Without A System
- Trade On Emotion
- FOMO Buy Rallies
- Panic Sell Bottoms
- Blame Others
- Don’t Manage Risk
- Buy At Resistance
- Counter Trade The Market

[mobilestrike]

If you're new, then you should probably start with something more known.

But if someone is interested to start something new then it is not impossible for them if they work hard for that. I am encouraging the OP while in the start OP have not to put high amount of money in trade. First of all he have to do with a smallest amount after that he can do just like the expert traders and then can trade the amount which he can afford.

[gabbie2010]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

Lots of learning resources and free courses are available on the internet just sign up with a broker where you can practice and demo trade your chosen strategy its better to learn how to fish rather than subscribing for signals from Tradenix, although it may take some time before mastering your adopted strategy if you muster courage and learn with passion and dedicate your time definitely your efforts will paid off in a long run.

[doomloop]

I'm still a starter but I believe the third party system of investment doesn't help. The internet and this forum is here to give answer to all your perplexed questions, doubts, clearifications of confusing platforms and how to successfully mine crypto currency. All you have to do is to develop a need to make research and I'm sure all your and I'm sure all the answers you require would be provided by the good people of this awesome forum.
Thank you people.

You are indeed right. This forum can provide you with the latest changes, upcoming trends, political movements and much more all related to crypto currencies. It helps a lot in taking right decision for trading. Ask anything relative and it is not possible that it goes unanswered. However, one must research on his own so that he can also become one of those with knowledge and provide good solutions to others.

[xamxam]

Well, as a beginner in crypto trading learn first about everything you need to know. Choose the platform that you will
be comfortable while you're doing trade in the platform. Then, of course you must buy or choose the best coins on which you think
it will give a good profit in the end. Just relax and act like a good and professional one.

[hahay]

Well, as a beginner in crypto trading learn first about everything you need to know. Choose the platform that you will
be comfortable while you're doing trade in the platform. Then, of course you must buy or choose the best coins on which you think
it will give a good profit in the end. Just relax and act like a good and professional one.

Choosing a famous exchange platform and indeed being trusted in the community will make it comfortable with fast time, but not for the trade itself. In trading we cannot do just to follow the trend and if it happens and you do, then you will only lose money because you do not have a basic understanding of the situation and ignorance about the coins being traded will be dangerous for yourself because it is difficult to get profit eventually.

[nydiacaskey01]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

For beginners, start with Investopedia, that site is rich with information about terminologies that is used in Trading. Any term that didnt sound so familiar with you, you can search it up at Investopedia. Another source of information is Youtube, yes its also a good source of information, you can subscribe to channels that provides great information about trading and one good thing about you tube is they can show it to you using of course a video.

[Inkdatar]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

Yes, you are in the right section or thread we're you are posting. So you are a beginner trader and you already begin a conversation with your friend from Tradenix, that was great because you already have some good tips from a real trader and I guess that he/she teach you different tactics on how to begin in a trading platform or industry.

Even tradenix exchange referred to you by a friend you must still be careful as so many exchanges that scam or not legit. Why not start to use popular exchange instead, many has been suggested on what to do as a beginner trader. So many ways to learn and earn knowledge before starting trading. That will guide you where to start trading crypto.

[jrrsparkles]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

Yes, you are in the right section or thread we're you are posting. So you are a beginner trader and you already begin a conversation with your friend from Tradenix, that was great because you already have some good tips from a real trader and I guess that he/she teach you different tactics on how to begin in a trading platform or industry.

We don't have to trust anyone for crypto related things because anyone can scam you and can hide themselves completely from that scenario so you will never know who scammed you.Personally beginner trader don't have to go with brokerage,just do on your own and keep the limit lower and less capital at the first shot until you realize that you can trade for profits.

[jmigdlc99]

Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

You can first study about basic trading concepts and techniques. Don't be discouraged but you'll have to learn a lot before you actually make trading a full time endeavour. If you just want to be an investor and buy then hold for a long time then thats something easier to do.

I'd recommend you first try and simulate trading and see how well you fare. When you've made money on your imaginary trades then go to reputable exchanges like Binance for the real thing. Don't trust little or unknown exchanges, you'll only get burned.

[jamesndungu1]

DYOR is a common term in the market, i would not advice on reading reviews from people sicne most of them are newbies and amateurs, which is difficult to tell - Always DYOR after reading people reviews and use their reviews as basis of your market research.

Starting to trade can be overwhelming as one realizes that there is very much to learn about risk management, indicators, chart patterns and many more factors. Trading will always involve losses and new traders tend to get frustrated when this happens to them. It takes time to perfect your trading which usually makes many new traders lose hope when they see other traders doing so much better than them. A new trader needs to learn how to take their time before making any major move and understand that the market has its ups and downs but perseverance is the key.

[Bitcoin Seller]

Well, if you are bigger then the first thing for you is to learn the charts and patterns and how they work, the second thing you need to read some good books where you can learn how acutely these markets work. I suggest you read One of the best book in financial markets "Trading in the zone" by mark Douglas. I assure you can learn a lot from this book, I hope it will help you to become a good and pro trader.

Planning to become a crypto trader, spend many hours to understand everything that is connected with cryptocurrency. Remember always that you need to learn crypto and blockchain constantly. Everything has been changing on the crypto market too fast and regularly. Technology, financial system, investment strategies, regulatory measures - everything happens to fast so that you need to be in time to "grab" the news and use it correctly.

[sweetbet]

There's nothing like real world experience to teach you, but before you start trading, (1) watch as many youtube videos as possible about how to trade, and (2) start trading with a very small amount of money because more likely than not, you will lose much of it during the learning period.

[Capt00]

It is really easy to start in trading but the question is, if we are able to sustain the market changes and if we are strong enough to face in every difficulties along the way? If we are not sure about this, it is better not to engage in trading cause definitely you are risking your money for nothing.
To become a trader is pretty easy but to become a SUCCESSFUL trader is really difficult. We shouldn't have to presume that we can do all this thing fast especially if we have a big question and doubts inside as it will surely affect our trading plans.

[Faxmate]

Well, if you are bigger then the first thing for you is to learn the charts and patterns and how they work, the second thing you need to read some good books where you can learn how acutely these markets work. I suggest you read One of the best book in financial markets "Trading in the zone" by mark Douglas. I assure you can learn a lot from this book, I hope it will help you to become a good and pro trader.

Planning to become a crypto trader, spend many hours to understand everything that is connected with cryptocurrency. Remember always that you need to learn crypto and blockchain constantly. Everything has been changing on the crypto market too fast and regularly. Technology, financial system, investment strategies, regulatory measures - everything happens to fast so that you need to be in time to "grab" the news and use it correctly.

A man should do both. He must listen to the words of those who have been in the market for a long time and also go and research on his own. Most of the people here truly understand the world of digital currencies and there are some who always break with the latest news. Knowledge is the most vital tool in any domain of life. This one is no different. Trading is all about acquiring it and implementing in real time.

[palle11]

There's nothing like real world experience to teach you, but before you start trading, (1) watch as many youtube videos as possible about how to trade

Will watching of video safe the imminent loses?
I think it wouldn't, I believe that the real life experience exist. It shapes the trader after some loses.

I support trading with demo/small capital for a start before the real life experience.

[Fredomago]

There's nothing like real world experience to teach you, but before you start trading, (1) watch as many youtube videos as possible about how to trade

Will watching of video safe the imminent loses?
I think it wouldn't, I believe that the real life experience exist. It shapes the trader after some loses.

I support trading with demo/small capital for a start before the real life experience.

Watching videos will guide you on how to make better decisions.  With those tutorials that you will be able to watch, it will enhance your knowledge on trading activities. Though you are right that experience is still the best teacher to learn deeper about this market, yet you still need to keep trying and find your own way to succeed.
Use those informational videos as basis and try to figure out on howl you will actually apply them and make a good outcome.