Beginner Trader

[watergold]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If someone is really new on bitcoin or crypto trading.
I would suggest to train their mental with demo account which already exist in many exchanges.
Demo account will give you capital for start trading, but that's just virtual and you cannot withdraw it to real money.

Right, that's a good suggestion to create a demo account on the exchange that will train beginners as traders, sometimes training mentally is the most difficult, if people who are emotional continue to want to trade there is a real risk is always there, so for beginners patience must be in themselves her.

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[MathGame]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If someone is really new on bitcoin or crypto trading.
I would suggest to train their mental with demo account which already exist in many exchanges.
Demo account will give you capital for start trading, but that's just virtual and you cannot withdraw it to real money.

Right, that's a good suggestion to create a demo account on the exchange that will train beginners as traders, sometimes training mentally is the most difficult, if people who are emotional continue to want to trade there is a real risk is always there, so for beginners patience must be in themselves her.

The best place to start learning about cryptocurrency trading is YouTube. On YouTube to can get a lot of free cryptocurrency trading tutorials. After you learn the basics then you move on to the intermediate trading courses - these are mostly premium courses on sites like Udemy or Skillshare. You need to learn much as you can. Warren Buffett says, the more you learn the more you earn. 

[Ryker1]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If you really want to learn trading, make an effort. Research and study more on trading practices and its proven good strategies. Learn from it by experiencing real trading. Do not be discouraged easily if you commit mistakes and have failed in your first time trading. Failure is a part of trading and always take it as a challenge to make better in your next trading performance.

Well, this is the fact that they should know as a beginner of trading. Well, I think that's the trading site is not familiar. You must need to have some research first and look for those trusted sites where you can be able to earn and don't invest quickly on the site that has many negative reviews so that you won't lose huge amount of money. Most especially, don't leave money on exchange and holding their, because that is not safe also. You don't know when they are going to stop and once you are not holding your private key it means the coins you have been storing are not yours.

[Innocant]

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?

That's exchange it was new for me i did not heard about the exchange you mention. As trader must better to choose those popular exchange that can see or can search in google. If you think can see some negative feedback or any comments about that must better to forget it, We need positive feedback from exchange that we want to trade our coins we have.

[Visbay]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Everything that you mentioned are important for trading but I think the most important thing in trading is knowledge if you will have knowledge so you will be able to invest your money in good coin and you will be able to trade profitably. Choosing a good coin is an important step and after that beginners should trade for the long term only.

[Webetcoins]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Everything that you mentioned are important for trading but I think the most important thing in trading is knowledge if you will have knowledge so you will be able to invest your money in good coin and you will be able to trade profitably. Choosing a good coin is an important step and after that beginners should trade for the long term only.

One should have sound knowledge of the coins he aspire to invest into. He shall be aware of upcoming market events to make right decisions. Trading is since a hectic job and it needs you to stay alert all the time, new traders are highly recommended to regularly visit famous websites that portray all important market events such cointelegarph, coinnews etc.

[secretgirl]

Maintain enthusiasm for learning, because every successful trader starts with a beginner like you. You can find guidance on how to trade on YouTube or other media. and find someone who knows about trading and can be trusted to share his trading methods. I just heard about tradenik, and I don't understand that. I was recommended by a friend to use coinbase or binance, the majority of crypto users will understand that. You can learn on YouTube or other media, about how to sell and buy on both of these sites.

Yes and keep in our mind that the future is always in our mind, so it will depend on our hands and mind how are we going to become successful trader, yes, beginning is so much easy, but when you are in the situation, it will be easy to give up but remember the consequence if you keep holding, practicing, and you never give up, I suggest whenever losing hope, check the trials of those successful traders to be inspired.

very true what you say, when I first started plunging into crypto, of course I was followed by a boring feeling and I easily give up if not inspired by the good inspiration of someone who has become a successful trader. I myself had lost hope when I first traded and suffered losses when the market price dropped dramatically, a friend who motivated me to get back up. I'm sure everyone has experienced failure, and someone who is successful would want to learn from failures they have experienced.

[EdvinZ]

I would advise novice traders to learn the basics of competent investment. Read tips from the planet's coolest investors. Rely only on their market analysis and do not listen to all sorts of false experts. Always diversify risks by buying different cryptocurrencies. Buy only proven digital assets with a good past.

[dillpicklechips]

You can surf on the bitcoin forum here i will provided the link also, but in this section too you can see and even surf here. We all here come into a situation like this also we dont know what and how we can start trading at the start. So ill advice that to ask pros like read some article and also and on the link down below you can surf and know what are or how to be safe on and while doing trading.

https://bitcointalk.org/index.php?topic=5164299.0

[karanggatak]

I would advise novice traders to learn the basics of competent investment. Read tips from the planet's coolest investors. Rely only on their market analysis and do not listen to all sorts of false experts. Always diversify risks by buying different cryptocurrencies. Buy only proven digital assets with a good past.

I agree with your suggestion, it should be for a beginner to learn the basics of knowledge about investing and trading. I think beginners should often ask someone who is experienced in crypto trading.
and with this forum I think it's easier for beginners to be able to start educating themselves and searching for knowledge, and maybe will get solutions from people who have long joined this forum and have experience in cryptocurrency.

[zeze18]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Beginners is better to use only one exchange, it doesn't matter about the volume as long as the exchange is safe and have good reviews from the traders.
But the current best exchange is still binance both for beginner or even experts.

[Jercyhora2]

 I invested almost $100 on HitBTC. I know it's kinda small but I just wanna give it a try.

QUESTION:
Do you consider HitBTC as one of reputable exchanges?

[Asmonist]

The best experience is to first try it and learn the process. For now, I'm still saving my funds for trading. I want to trade with more funds to diversify from different crypto coins. There are many trading sites to try. Just make sure its legit and read reviews about it.

[Apened]

The best experience is to first try it and learn the process. For now, I'm still saving my funds for trading. I want to trade with more funds to diversify from different crypto coins. There are many trading sites to try. Just make sure its legit and read reviews about it.

Yeah, i think 2-3 exchanges is enough to trade just use top 3 exchanges we know that they have almost all the good coins and altcoins in the market. You didn't even need to save funds to trade orto have big amount of it as a small funds but you know how to make it grow will be much much better than having a big funds.

[Vispilio]

I invested almost $100 on HitBTC. I know it's kinda small but I just wanna give it a try.

QUESTION:
Do you consider HitBTC as one of reputable exchanges?

Low volume on lots and lots of shitcoins, but they have cleaned up their game somewhat after many complaints against them and now at least they pay out on time.

The main problem with HitBTC is the withdrawal rates for almost all their products are too high...

Generalized advice for all beginners: read the fee structure of any exchange you are dealing with and make sure it has a respectable enough reputation so that you don't get hit by surprise fee traps like in the case of many altcoin dumps that make a living on withdrawal fees & fake volume...

[cryptothreads]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Beginners is better to use only one exchange, it doesn't matter about the volume as long as the exchange is safe and have good reviews from the traders.
But the current best exchange is still binance both for beginner or even experts.

I agree with you . New investors should only focus on one exchange because they will be easier to manage assets and do not need to participate in too much exchange. In fact, what people are interested in is profit because if you can not choose a good coin to invest, you will easily fail in this market. I think new investors are often easy to make mistakes because they do not have much investment experience and will panic sell immediately if the market turns red.

At this time new investors should have a specific strategy when investing and learning more knowledge to avoid losing money because no one can help you do this in this market.

[Edraket31]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Beginners is better to use only one exchange, it doesn't matter about the volume as long as the exchange is safe and have good reviews from the traders.
But the current best exchange is still binance both for beginner or even experts.

I agree with you . New investors should only focus on one exchange because they will be easier to manage assets and do not need to participate in too much exchange. In fact, what people are interested in is profit because if you can not choose a good coin to invest, you will easily fail in this market. I think new investors are often easy to make mistakes because they do not have much investment experience and will panic sell immediately if the market turns red.

At this time new investors should have a specific strategy when investing and learning more knowledge to avoid losing money because no one can help you do this in this market.

Unless they are doing arbitrage trading. Anyway, I am only trading at Binance as it has been my favorite of all time, it's user-friendly and the things that trader is looking for is already there, so no doubt, Binance is the number one for most traders especially to me and to my colleagues.

Anyway, no matter where you want to do trading just make sure it's not fake volume and there is really liquidity on it so you won't waste your time doing trading there.

[wajik-tempe]

The best experience is to first try it and learn the process. For now, I'm still saving my funds for trading. I want to trade with more funds to diversify from different crypto coins. There are many trading sites to try. Just make sure its legit and read reviews about it.

Yeah, i think 2-3 exchanges is enough to trade just use top 3 exchanges we know that they have almost all the good coins and altcoins in the market. You didn't even need to save funds to trade orto have big amount of it as a small funds but you know how to make it grow will be much much better than having a big funds.

Beginner traders should stick with one exchange because maybe they will confuse with many exchange with trade on, because sometimes the price is different between exchange.
Or if really want to use many exchanges, they have to control their trade with monitoring assets apps like blockfolio so they will not forget what was they invested in

[Triffin]

I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Beginners is better to use only one exchange, it doesn't matter about the volume as long as the exchange is safe and have good reviews from the traders.
But the current best exchange is still binance both for beginner or even experts.

I agree with you . New investors should only focus on one exchange because they will be easier to manage assets and do not need to participate in too much exchange. In fact, what people are interested in is profit because if you can not choose a good coin to invest, you will easily fail in this market. I think new investors are often easy to make mistakes because they do not have much investment experience and will panic sell immediately if the market turns red.

At this time new investors should have a specific strategy when investing and learning more knowledge to avoid losing money because no one can help you do this in this market.

Newcomers in the market are like toddlers. They need help from veterans to deal with the fluctuations of market and if their is no one to help them, they learn all tricks by hurting themselves like toddlers do. They bear losses which are giving them experiences for dealing with market efficiently. They need to stay away from false news especially regarding bitcoin which often panic them.  

[cryptoangel]

The best experience is to first try it and learn the process. For now, I'm still saving my funds for trading. I want to trade with more funds to diversify from different crypto coins. There are many trading sites to try. Just make sure its legit and read reviews about it.

Yeah, i think 2-3 exchanges is enough to trade just use top 3 exchanges we know that they have almost all the good coins and altcoins in the market. You didn't even need to save funds to trade orto have big amount of it as a small funds but you know how to make it grow will be much much better than having a big funds.

Beginner traders should stick with one exchange because maybe they will confuse with many exchange with trade on, because sometimes the price is different between exchange.
Or if really want to use many exchanges, they have to control their trade with monitoring assets apps like blockfolio so they will not forget what was they invested in

I think investors are know what is internet so they just click the coinmarketcap and check the market result so they know which is the best trading exchange of our desire coin. But beginners are hard to predict the upcoming hype so they are not active in all the time. My suggestion is those start trading newly must fix some automatic trading.