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Author Topic: Is it worth for me in my situation to start btc trading?  (Read 1378 times)
Mumbeeptind1963
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November 12, 2019, 01:32:15 AM
 #161

A goal is needed but not when it comes to the amount of money you want to make as a beginner trader, your goal should be to learn about the markets and if that means losing some money so be it, take that as a small price to pay for all the profits you will get in the future, but if you want to obtain profits right away then you will take important decisions based on your skills as a trader which at that point are not really that good and the chances of making an irreparable mistake are simply too high.
I suggest for the OP to research first the coin that he wanted to invest so that he will not regret on it soon, many beginner traders are not doing this, that is why they are losing their money before they gain, a professional trader knows what he will be doing so that he cannot lose too much money, we cannot prevent loosing any to gain experience but we can lessen it. having an amount like that can start trading with good coin, having time for it every day makes sense and will very helpful.

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November 12, 2019, 11:47:36 AM
 #162

to start trading with minimum capital is not a problem but an understanding of bitcoin in the market you must know very well and try to find information and opinions both from the experienced, freedom in bitcoin or cryptocurrency do not you waste it without good results and if you want to start now is the right time to buy bitcoin and according to good news, bitcoin will reach fantastic prices for the next few months.
Getting opinions from others is wrong in cryptocurrency and to some extent in commodities and stocks. Because the market is manipulated by shills and brain dead shitcoin promoters. They will post their bullshit propaganda everywhere so they can dump their coins by creating a demand among those who are foolish enough to listen to them.

Most people should learn how to do TA if they are going for bitcoin day trading and analyse charts for a long term holding.

Financial markets trading is something (a job) that fully your own responsible indeed , it's not advisable to encourage other people to do exactly what the other people saying... but taking it as a consideration might be just fine right?
One thing that people should do is to not letting your main job go and just switched it to become a full time trader, op situation is looking for opportunity to switch in trading and completely quit the main job which I personally wouldn't recommend to do it at all.

Unless if you have a strong desire since day one and a principle to not regretting any decisions that has been made in the future, ready, accepting and fully aware about the big risk being a full time trader ... then that moment it's up to you .

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November 12, 2019, 11:53:08 AM
 #163

to start trading with minimum capital is not a problem but an understanding of bitcoin in the market you must know very well and try to find information and opinions both from the experienced, freedom in bitcoin or cryptocurrency do not you waste it without good results and if you want to start now is the right time to buy bitcoin and according to good news, bitcoin will reach fantastic prices for the next few months.
Getting opinions from others is wrong in cryptocurrency and to some extent in commodities and stocks. Because the market is manipulated by shills and brain dead shitcoin promoters. They will post their bullshit propaganda everywhere so they can dump their coins by creating a demand among those who are foolish enough to listen to them.

Most people should learn how to do TA if they are going for bitcoin day trading and analyse charts for a long term holding.


Yeah newbies should read a lot of news outthere and often to read the forum like this because less information in crypto can kill us since there are too many "looks promising" projects but in fact they don't do anything with the product and their intention is just for scamming people. And for daily trading we should learn more about technical analysis and also don't forget to follow the updates of coins because that can give us a lot of profits if the coins have good news
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November 19, 2019, 12:14:59 PM
 #164

Slowly, start trading without the purpose of earning a lot of money. Trading isn't simple at all and you need to gain some experience. It's a matter of time, so just be patient and learn from your mistakes. Learn more and more about cryptocurrencies, it's important. Moreover, find an exchange with will be perfect for beginners, like for example CoinDeal which is very user-friendly platform.
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November 19, 2019, 03:40:20 PM
 #165

See if you are willing to trade then you can ofcourse start trading but keep in mind the risk involved in this crypto business and evaluate your performance on daily basis.You can try investing less amount than $300 as you are newbie to this market and invest in potential alts like btc and ETH which gives guaranteed returns.Otherwise you can have your own basket of eggs of your choice and wish you the best for future.

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November 19, 2019, 04:56:59 PM
Last edit: November 19, 2019, 09:42:57 PM by Chrystora123
 #166

  • Can I learn and do trading for month to make at least some money(around $100-$250), while doing freelance programming? I can arrange 3-5 hours for each activity per day.
"Being a freelance programmer while trading sounds easy but in reality, it's not easy".  I tried this, but it didn't work for me.. when I trade and find my assets go down, it really interferes with my focus.  and vice versa, when my mind is stuck because I can't find a suitable program code, it also really upsets my mood and focus!!  my suggestion.. you better focus on one (just being a programmer or just being a trader), but if you want to try, I think it doesn't matter, you might be able to do both (being a freelance programmer & trader).

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November 20, 2019, 06:10:33 PM
 #167

See if you are willing to trade then you can ofcourse start trading but keep in mind the risk involved in this crypto business and evaluate your performance on daily basis.You can try investing less amount than $300 as you are newbie to this market and invest in potential alts like btc and ETH which gives guaranteed returns.Otherwise you can have your own basket of eggs of your choice and wish you the best for future.
There is not much of risk involved. As a matter of fact, with a potential coin in hands and good skill-set, a trader can earn more than sufficient amounts of money. He just needs to have sound knowledge regarding his asset and his profession. With good understanding of both, the risk factor becomes negligible. I would also suggest bitcoin as that can produce some profits during dip season too.

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