Beginner Trader

[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.

[1714124196]

1714124196

[jamesndungu1]

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.

After choosing a good coin, check whether the exchange you want to trade in is available in your country, to avoid unnecessary losses. For example, there are Korean exchanges that only allows you to withdraw through Korean mediums. Do your research and try to find out what people say about the exchange, its reputation is a major consideration. Find out more about exchange rates because they vary from one exchange to the other and the most obvious thing to consider is the security of the exchange. Find exchanges which require some form of verification from you rather than anonymous ones. I highly recommend decentralized exchanges for a number of reasons, but to be honest Centralized exchanges have more features for traders such as margin trading and nice interface for easier navigation. You also need an exchnage with a high volume for your coin for easier exits and entry into a trade.

[tonyvo2017]

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?

actually the knowledge about TA is quite good but quite vague. I learned a lot about price action models and indicators, it is only really useful when you know how to take advantage of it.
such as the Pinbar or Inside bar, the probability of winning is not high and many people suffer losses due to false predictions of the short trend of the market.
so we need to use certain indicators to see what the trend looks like and other news.
Technical analysis and trading is a job that requires a lot of inference and careful calculation. You should study it all and always revise every day.

[JessicaVL]

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?

Personally I've never actually heard of them. If you're finding sketchy reviews, maybe stay away? There are loads of verifiably trustworthy trading platforms, exchanges, and marketplaces. If accessibility is an issue, Vertex  has always worked out for me.

[CryptoeJoe]

WHERE can a guy get good information and DISCUSSION about HOW TO TRADE, by bot?  

I know the basics and have traded by bot, using Telegram and Discord.  But it seems no one is making any money, or if they are they must have $10,000+ invested from the looks of things...

It seems people are talking and talking but not actually increasing the amount of BTC/CC they started with while paying fees for a bot.  At least that’s what was happening to me!

AND the answers to my questions were either ignored or poorly/flippantly answered.  Month after month would go by where I was supposedly making profitable trades but the amount I was trading with did not go up at all... I LOST money!  

How do you actually MAKE MONEY TRADING?  Is anyone actually really doing this - other than investing $10,000+ and just playing around with their “extra cash”?

WHERE can I go and trade by bot and CONSTRUCTIVELY learn how to earn signigicant money doing so?

I want to MAKE MONEY trading, not just talk about it!!

 

[danny868]

I think if u wanna start Coinbase Pro is a good idea check it on google it's a must!

[MrPiggles]

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.  

I think it is necessary to learn some basic knowledge from this market or look for top experts in trading because they often give you good advice and reduce a lot of risks. In addition, the internet is also the place to start first because this is a great place to learn analysis and you will understand the concept when investing in crypto. I have spent many years doing this and when I started trading, I was very optimistic and always won over the last few years.

[dewin]

It is my first time to hear about tradenix. I think you don't have to choose them as the exchange because I think that site is new, and we don't know how good their reputations. Maybe you can try to visit binance because binance is a big exchange, and I know that many people here are trading on that site. We have another big exchange like poloniex, bittrex, kucoin, and else so you can try to look at it. I recommend those sites I mention, but binance still favored by most people here.

Same here, I've never heard about that so far. The key is to find trustworthy crypto exchange e.g. like these above, so there would be nothing to worry about. Do extensive research about them and choose wisely.

[Kevondo]

It is my first time to hear about tradenix. I think you don't have to choose them as the exchange because I think that site is new, and we don't know how good their reputations. Maybe you can try to visit binance because binance is a big exchange, and I know that many people here are trading on that site. We have another big exchange like poloniex, bittrex, kucoin, and else so you can try to look at it. I recommend those sites I mention, but binance still favored by most people here.

Same here, I've never heard about that so far. The key is to find trustworthy crypto exchange e.g. like these above, so there would be nothing to worry about. Do extensive research about them and choose wisely.

As a beginner, coinbase must be the exchange for starting work with crypto currencies. You can find good material and options there. It is one of the oldest exchanges with thousands of customers. It also allows you to pay suing debit cards, credit cards, bank transfers etc. go with the option that suits you the best. The only thing that you need to take care about is, whether your country supports it or not.

[stecoet46]

These brokers really had me for almost all of my life savings, it started with small investments and really strong assurances, although they let me withdraw once a very minute amount but really and truly I had been elaborately taken for almost everything. After trying severally to get my money back, through a different department from my brokers company I was feeling distraught. Then I came across this individual on a forum different people left positive reviews and then I contacted them via mail, honestly I had to really take my time in making sure I wasn’t about to loose any more money and time, lucky me, in a couple of days they had recovered over 92% of my investments including profits. Usually wouldn’t do this but if you’ve ever lost money to any of these fake investment scams, including cryptocurrency try
 ( recovery@ hoopergroup .tech )  their service is perfect.

[iv4n]

It is my first time to hear about tradenix. I think you don't have to choose them as the exchange because I think that site is new, and we don't know how good their reputations. Maybe you can try to visit binance because binance is a big exchange, and I know that many people here are trading on that site. We have another big exchange like poloniex, bittrex, kucoin, and else so you can try to look at it. I recommend those sites I mention, but binance still favored by most people here.

Same here, I've never heard about that so far. The key is to find trustworthy crypto exchange e.g. like these above, so there would be nothing to worry about. Do extensive research about them and choose wisely.

This is fishing! Some guy said something and you need to believe him with your money? Scammers are ready to do literally anything to draw your attention and persuade you to invest some money. Don't buy that shit, any honest guy will not ask you for money, and he will not promise you anything big.
Beginner trader should spend some time reading about trading, to see what exchanges are the best and simply to jump in, you will learn to swim after some time. Check exchange, look what is what, check forums for everything unfamiliar, and with time you will get knowledge and experience! Good luck to all beginners!

[bitgoldpanther1978]

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?

There's so many ways for us to educate ourselves in terms of learn how to trade? We have different forums that are discussing about
trading like this forum, Bitcoingarden, Altcointalks and cryptotalk or you could also try to watch a video tutorial about crypto trading as well something like and many more.

[Assface16678]

Trading is one of the best ways to make more earning and one of the best way to lose your money if you don't want this happen you just need to earn more knowledge and experience by that you can avoid losing your funds, some of the people are just reading and watching only into the world of trading but does not have enough practice or practice to make the actual trading which can cause of having mistake some of the people invested a time to learn to their platform needed for me it is good for trading is the binance because they have a different kind of trades but still futures is the best way to make more earning.

[digietrader]

You don't need to give your assets to anyone to start trading. Open an account with a well known crypto exhange and learn the ropes of trading. I started trading with digieBot, not only do they offer a profitable automated bot for crypto trading, they also provide outstanding training for no extra cost.

[Kopetunto]

New traders must have trading techniques, because if you don't have, then losing is your food,
before you trade for real, you should use a demo account.

[AniviaBtc]

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?

There's so many ways for us to educate ourselves in terms of learn how to trade? We have different forums that are discussing about
trading like this forum, Bitcoingarden, Altcointalks and cryptotalk or you could also try to watch a video tutorial about crypto trading as well something like and many more.

Learning is limitless, you can learn whenever you want but make sure that you will apply it in an actual trading. Learning without applying is useless, you should learn how trading actually works, how market moves and how to deal with the volatility of the asset that you're holding.

Educate yourself if you're willing to learn and become more effective in trading.

Work hard, do a lot of effort, and most importantly, be patient. Learning is not instant, it is a process where you should understand things step by step. Seek some advice to those professionals because they have a lot of experience, lessons, and strategies to share with you.

[deisik]

Learning without applying is useless, you should learn how trading actually works, how market moves and how to deal with the volatility of the asset that you're holding

You could go even further

That is, instead of learning how to do something before actually trying to do it, you can reverse the whole process. You can at first try to do it and then switch to learning mode, if need be. Yes, you are set to make mistakes, but that's actually an advantage (well, at least as long as the mistakes are not fatal) because you will instantly see where exactly you fail and thus get an idea what you actually need to learn. In this manner you won't be wasting your precious time and energy learning something which you don't need, aside from avoiding the false confidence that book knowledge provides (and a plethora of errors it sets you up to). This is called experiential learning

[TitanGEL]

Learning without applying is useless, you should learn how trading actually works, how market moves and how to deal with the volatility of the asset that you're holding

You could go even further

That is, instead of learning how to do something before actually trying to do it, you can reverse the whole process. You can at first try to do it and then switch to learning mode, if need be. Yes, you are set to make mistakes, but that's actually an advantage (well, at least as long as the mistakes are not fatal) because you will instantly see where exactly you fail and thus get an idea what you actually need to learn. In this manner you won't be wasting your precious time and energy learning something which you don't need, aside from avoiding the false confidence that book knowledge provides (and a plethora of errors it sets you up to). This is called experiential learning

It is normal to do mistakes especially when you are in a learning phase, in this phase you do not yet need to do live trading because your main focus is to learn first. Make sure that you have also a good mindset where you think long term and not get rich quick mentality. Observed the new traders who usually got portfolio wipeout in trading, their mindset is so bad where they keep thinking profit than to learn. Mastery = Consistency,whenever you learn a trading system, make sure that you master it and for sure that you will be in the next phase which is the standardization phase where you can able to find your edge in the market.

[Denamen]

New traders must have trading techniques, because if you don't have, then losing is your food,
before you trade for real, you should use a demo account.

Exchanges very much support demo trading so you can study anytime. Of course, take the time to learn new knowledge as the market is always changing, and you shouldn't stand still because it will only make you worse. However, you will have a different feeling when deposit into this market, so consider carefully when deciding.

[masulum]

Exchanges very much support demo trading so you can study anytime.

using a demo account or trading simulator service is a good step for trading compared to trading directly to the market using the assets we have. And, the most important thing from using the demo/trading simulator service is, it will prevent us from thinking that we can get rich instantly in trading or get stuck with bot offers or signals that say we can make 100% profit and ultimately become a victim of scam/fraud.