Trading for Beginners?

[Bonenx14]

The DO's is be aware of the risk inside crypto investing, go with your instinct and buy low always  (though this is depend on your desire in the movement of prices)

Dont's  are never panic every time you see market is falling.
                    Never believe in high profit promises
                    Never trust random people PMming you in social media platform

for the time of buy it really depends on the price action because if the price has touched support then the time of buying must be prepared, because the potential pump will come. and I agree with this that we should not be carried away by what people say, especially if they do so with the potential that is said.

[Kelvinid]

A lot of trading site, you could choose one or two at your preference;
https://coinsutra.com/best-cryptocurrency-trading-site/

Your decision is very important here coz that will bring you into the best result. Trading is kinda a sort of effort and knowledge and further enhance your trading skills, you must be able to do it manually. Experience is a good teacher, just like the others, we also have to suffer some losses before we got what we wanted to be in our life. But if we are afraid of that, we're going nowhere for sure.

[bettercrypto]

A lot of trading site, you could choose one or two at your preference;
https://coinsutra.com/best-cryptocurrency-trading-site/

Your decision is very important here coz that will bring you into the best result. Trading is kinda a sort of effort and knowledge and further enhance your trading skills, you must be able to do it manually. Experience is a good teacher, just like the others, we also have to suffer some losses before we got what we wanted to be in our life. But if we are afraid of that, we're going nowhere for sure.

Another thing is that, stay away from trading signals and bots offering in telegram or any app. Because you think that they are good and helpful but they won't. Even it is free its hard to trust your capital with them. If you are a newbie and you want to trade, do it manually and learn things from your experience and research. Be resourceful because it is one of the sword that we need to have to succeed in trading.

[FairUser]

A lot of trading site, you could choose one or two at your preference;
https://coinsutra.com/best-cryptocurrency-trading-site/

Your decision is very important here coz that will bring you into the best result. Trading is kinda a sort of effort and knowledge and further enhance your trading skills, you must be able to do it manually. Experience is a good teacher, just like the others, we also have to suffer some losses before we got what we wanted to be in our life. But if we are afraid of that, we're going nowhere for sure.

Another thing is that, stay away from trading signals and bots offering in telegram or any app. Because you think that they are good and helpful but they won't. Even it is free its hard to trust your capital with them. If you are a newbie and you want to trade, do it manually and learn things from your experience and research. Be resourceful because it is one of the sword that we need to have to succeed in trading.

It would be foolish to trust the Bot and telegram signals. All of them are scams and we will definitely lose money if we invest in them. The market today is not the same as 2017, so we need a lot of experience to make a profit in this market. And if we do not have experience, we should invest long-term in this market

[semobo]

Don't sell too early,patience is the virtue of trading.

For a beginner who doesn't in need of making income from trading to survive their life should always reinvest their profits back into cryptos to make more money than day traders.ANd also keep the satoshi value in mind over USD value.

[tianglistrik]

Don't sell too early,patience is the virtue of trading.

For a beginner who doesn't in need of making income from trading to survive their life should always reinvest their profits back into cryptos to make more money than day traders.ANd also keep the satoshi value in mind over USD value.

circulation of funds will indeed be needed if a trader does not have another job. and finding enough profits will make us better than always hoping for high profits because high profits will take time unless the trend is improving, and we must think about funds too to stay safe.

[maydna]

As many members suggest, you must learn the lesson about trading, so you can know when the time to trade. If you can know the time, you will have a chance to select the coin to trade, and perhaps, you will need longer to analyze because, at that time, many coins that will look profitable. You need to have the skills to analyze each coin, so you don't feel difficult in analyzing and finding the right coin. You must avoid greed in trading because that will prevent you from making a profit because you want to make a bigger profit, which is not always happening. You should not panic when the market is down because if you panic, you will lose the opportunity to analyze the good time to buy or sell. There are many other things that you should know, and you should search for yourself.

[semobo]

Don't sell too early,patience is the virtue of trading.

For a beginner who doesn't in need of making income from trading to survive their life should always reinvest their profits back into cryptos to make more money than day traders.ANd also keep the satoshi value in mind over USD value.

circulation of funds will indeed be needed if a trader does not have another job. and finding enough profits will make us better than always hoping for high profits because high profits will take time unless the trend is improving, and we must think about funds too to stay safe.

High profit margin associated with high risk.

If you are a smart your will go with less risky method to make profits.

[Spider A4]

Mostly said that,Trading is not for everyone and its a reality being realistic should accept the truth.Newbies come and start trading even dont know the charts and at the end loose all.Before to start trading ask yourself either you are good at trading or not and if you have passion for trading then go with trading because passion bring knowledge and stamina and it take to success.

Exactly you picked the very important part. Once all of the guys was newbie's trader they are gradually being expert traders that is reality and universal truth. Trade is everyone if who guys can deliver effort in the perfect moment. I did not know anything before starting trade. No how i am surviving yet?

Yeah here very important to you need more realistic, emotional trade will never success in the last moment.

[South Park]

HI,

Over the years I've acquired around a few hundred dollars worth of bitcoin. I'm now looking to sell off part of my coins and start trading on the side of what I do personally for work. I was in the bitcoin scene awhile ago but i'm looking to get back into it. My question to everyone here is: What are the DOs and DONTs of bitcoin trading? Also any other advice for a beginner would be helpful. I'm new to this site, so i'm sorry if there is already a thread posted about this. Also, what are the best sites to use for trading through experience? Complexity doesn't matter to me. Thanks in advance for any help I receive.

Regards,

Kyle aka Aggressive

I think that at first you need to define what it is your baseline knowledge about trading, if you do not really know anything about trading then you are not going to learn enough from the advice we can give you and you will lose the capital that you have, my suggestion is simple do not trade now and wait until you have the necessary knowledge, the markets are not going to disappear, there are always good opportunities to make money but if your capital disappears then you will have no way to take advantage of those future opportunities.

[cotton ball]

Mostly said that,Trading is not for everyone and its a reality being realistic should accept the truth.Newbies come and start trading even dont know the charts and at the end loose all.Before to start trading ask yourself either you are good at trading or not and if you have passion for trading then go with trading because passion bring knowledge and stamina and it take to success.

Exactly you picked the very important part. Once all of the guys was newbie's trader they are gradually being expert traders that is reality and universal truth. Trade is everyone if who guys can deliver effort in the perfect moment. I did not know anything before starting trade. No how i am surviving yet?

Yeah here very important to you need more realistic, emotional trade will never success in the last moment.

Newbie never lost their expectation with some one else recommendation which one have to invest, many of beginner always hear and invest with coin recommended by expert although they give late for buying and selling, this way many beginner lost their money in trading and investing with bitcoin.

[secone]

HI,

Over the years I've acquired around a few hundred dollars worth of bitcoin. I'm now looking to sell off part of my coins and start trading on the side of what I do personally for work. I was in the bitcoin scene awhile ago but i'm looking to get back into it. My question to everyone here is: What are the DOs and DONTs of bitcoin trading? Also any other advice for a beginner would be helpful. I'm new to this site, so i'm sorry if there is already a thread posted about this. Also, what are the best sites to use for trading through experience? Complexity doesn't matter to me. Thanks in advance for any help I receive.

Regards,

Kyle aka Aggressive

Do you have any experience in trading?
if you have experience in trading maybe like in Mt4 you can same method too.
for trader you must do planing, you must do reading news, and you must do reading any analisys related by your current trade.

[SquallLeonhart]

If complexity does not matter you than you should start learning and getting lectures about trading as soon as possible because you are going to need to huge research in order to start gaining benefits from the bitcoin trading or any altcoin trading. Also can you lets us know what your be your initial investment because if you are tending to invest in smaller amount than you should try converting bitcoins to smaller value coins which can give you good profits for trading with smaller amount also.

Price for bitcoins is much higher so it would need huge investment in order to make profits from the small or mid-interval trading. No doubt, it would be a good source of investment if you are going to invest for long term.

[carlisle1]

Mostly said that,Trading is not for everyone and its a reality being realistic should accept the truth.Newbies come and start trading even dont know the charts and at the end loose all.Before to start trading ask yourself either you are good at trading or not and if you have passion for trading then go with trading because passion bring knowledge and stamina and it take to success.

Exactly you picked the very important part. Once all of the guys was newbie's trader they are gradually being expert traders that is reality and universal truth. Trade is everyone if who guys can deliver effort in the perfect moment. I did not know anything before starting trade. No how i am surviving yet?

so basically what are your point on that mate?sorry but it is harder for me to understand the whole meaning of your statement i don't know i i am missing something or it is your grammar that make it hard for me.

Yeah here very important to you need more realistic, emotional trade will never success in the last moment.

in this part i agree with you because Emotion will only brings failure to us because we will mistakenly choose actions if we are more emotional traders,better not to be more excited and not more panicking.

[Distinctin]

Mostly said that,Trading is not for everyone and its a reality being realistic should accept the truth.Newbies come and start trading even dont know the charts and at the end loose all.Before to start trading ask yourself either you are good at trading or not and if you have passion for trading then go with trading because passion bring knowledge and stamina and it take to success.

Exactly you picked the very important part. Once all of the guys was newbie's trader they are gradually being expert traders that is reality and universal truth. Trade is everyone if who guys can deliver effort in the perfect moment. I did not know anything before starting trade. No how i am surviving yet?

Yeah here very important to you need more realistic, emotional trade will never success in the last moment.

Newbie never lost their expectation with some one else recommendation which one have to invest, many of beginner always hear and invest with coin recommended by expert although they give late for buying and selling, this way many beginner lost their money in trading and investing with bitcoin.

Because they are blinded enough to see the losses that might to them later because of the attractive offering that these scammers promised to them. It was sad and can't able to imagine why noobs will still be the most victims of this kind. Because we are actually spreading awareness but unfortunately, they simply ignore this (maybe) for the sake of having instant money returns which is a false promise that scammers always do.

[chip1994]

If you are in need of advice, I will sincerely share it with you. When you've worked hard to make money in this vast financial market, why not try technical analysis? Because your money only grows well when you understand the market, it is meaningless to post it here to find a guide. There are thousands of people who have mixed opinions, it just makes you more headache. It is best to learn the knowledge from those who open the training course on trading, then start investing. That's how you get a lot of profit in the future, because there's no better investment than investing in yourself.

[Mumbeeptind1963]

Lot of replies here will be buy low sell high LOL,

I will give my honest advice for you. If you want to start trading, start with a small amount of money, experience is the number one teacher in trading, don't listen to anyone! develop your own skill and strategy in trading considering that every individual have different approach to it. As time passes by, make your capital bigger as long as you are ready for it. Make sure you are satisfied with your skill and strategy so that the risk for every trade that you will make will be lessen.

Trading is war of strategy and mind, don't be greedy, set your goals straight! as long as you are following what you want trading will be good to you. If you lose don't stop there's a time in every trader or in majority of the trader that they became broke because of trading. If that scenario happen to you, don't stop! and remember your goals. Trade everyday and make it your passion. Trading is a good source of income as long you know what you are doing.

Agree with you mate, we all started with no knowledge about trading, a beginner must know that we should invest only the amount that we can afford to lose or invest with a small amount only before giving all your bet, for you to be sure that you would not lose everything, also always make a research first before investing especially when that coin is new.

[pajak666]

Lot of replies here will be buy low sell high LOL,

I will give my honest advice for you. If you want to start trading, start with a small amount of money, experience is the number one teacher in trading, don't listen to anyone! develop your own skill and strategy in trading considering that every individual have different approach to it. As time passes by, make your capital bigger as long as you are ready for it. Make sure you are satisfied with your skill and strategy so that the risk for every trade that you will make will be lessen.

Trading is war of strategy and mind, don't be greedy, set your goals straight! as long as you are following what you want trading will be good to you. If you lose don't stop there's a time in every trader or in majority of the trader that they became broke because of trading. If that scenario happen to you, don't stop! and remember your goals. Trade everyday and make it your passion. Trading is a good source of income as long you know what you are doing.

Agree with you mate, we all started with no knowledge about trading, a beginner must know that we should invest only the amount that we can afford to lose or invest with a small amount only before giving all your bet, for you to be sure that you would not lose everything, also always make a research first before investing especially when that coin is new.

The key is to play with money that you can lose, but you don't want to lose If it is expandable amount to you, then you will not care and gamble. It has to hurt just a little if you are wrong but not to be life changing in your situation. This would be my most preached advice, paper trade or if you can't do that while being honest to yourself then use your hobby money. If you lose it, you will have this feeling 'i could have gotten something different' for the buck that will make you think about your decisions.

[kawetsriyanto]

~~What are the DOs and DONTs of bitcoin trading?~~

I am also not a professional trader but I think these will be helpful:

The first thing is "don't join in trading if you cannot be patient and know well about crypto market trends/characteristics". Trading requires patient and smart analysis of market trends. We must know when the price tends to rise up and go down. And if it is still in a bad trend, you are better to hold (patient).

The second thing is "don't be easily influenced by FUDs". You must be smarter to know which one is reasonable news and which one is FUDs only. Never hurry to sell your coins/tokens because of current rumors. Please do research, at least googling to know the truth.

[Reatim]

first you can watch over youtube mate because there are so many tutorial and strategies on that channel ,things that you can learn many things and may keep you safer.

second is try to Join channels that gives advisory in regards to people who wants to trade(but not those channel that gives stupid signals because they are scammers)

third is read a lot here mate,this forum is the best place to have guides and mentors because there are members here that loves to help,but dont fall for those who sends you private messages because most of them are scammers for sure,let the conversation stays inside postings.