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Author Topic: Ways to try yourself in trading and investing on the crypto.  (Read 525 times)
Bububoyeer
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March 19, 2020, 04:06:32 PM
 #21

Most trading platforms have demo so newbies can use that to learn how trading works, they don't have to find some pennies to try out, bounties still pays till date I know many are scam but few ones still pays, if newbies aren't lazy it's a good way to start

I tried using a demo account to try trading sometime ago, it was all sweet and rosy at first, going very well. I didn't quite see any difficulty trading with demo account, I saw it easy and wondered why people say trading is difficult. Not until I started using little amount of money to do the actual real trading, the dance step changed.

Demo account is good but I guarantee you, it's never the same when real trading is involved. Only when "small pennies" is used will you understand the true meaning of trading.
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March 19, 2020, 04:32:42 PM
 #22

as far as I know there is no demo account for crypto, you have to trade using your real money.
so you must be prepared to lose when you start learning to trade.
I guess you are not a newbie because your account is a hero member, so it will not be difficult to get a prize if the project
that you promote listing on the market, and the price not to bad.
Participating in legit bounty campaigns is really a good start if you want to earn money so you can try trading or investing. But always keep in mind that invest only what you can afford to lose same with trading. Demo account for crypto might be only seldom but if you want to try trading even with a small amount, study the basics in trading first particularly in reading price charts of the crypto coins.

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March 19, 2020, 05:37:36 PM
 #23

I do not think it is hard for newbies to find capitals to trade and invest in crypto currency.
Why do i say that ? Crypto currency trading should be a part time basis where you get to make it a source of extra income,

And if it is about trying out and practicing for yourself, it is likewise easy, what you have to do is find 10$ - 20$ to practice trading after you must have dyor and learned the basics completely.

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March 19, 2020, 06:33:07 PM
 #24

I see you are not a novice member, you are a hero member, you should know how to earn on this forum and you can also follow the BTC signature campaign.There are many such signatures, but they are always full because there are many enthusiasts.
You have to update the thread every day and always see it.

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March 19, 2020, 10:56:40 PM
 #25

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.
If demo accounts or play money or trial, there are apps that allow this for each user. This is what we call simulators.
The 8 Best Cryptocurrency Trading Simulators

Great simulators. I believe that they are worth paying attention not only to those who are starting their first steps on the crypto market, but it will be useful to try their hand there and those who already have experience in trading.
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March 19, 2020, 11:58:26 PM
Last edit: March 20, 2020, 12:38:25 AM by flagpara
 #26

In the crypto market, it is impossible to start earning from scratch. I was a little late with my arrival to the crypto market. When I arrived it was impossible to make much money on bounty campaigns or airdrops. However, the first money from bounty campaigns gave me the opportunity to try my hand at trading and investing. I enjoyed it. Thanks to this, I decided to invest part of my savings in the crypto market.

Now it is impossible for beginners to get capital from scratch and use it to learn how to trade and invest in the crypto market. They are forced to carry their money here and this scares many away from the crypto market.

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.

let's collect these methods here.
Only way is for now holding market just recovering after from the dump, when market stable trading is also good. I can't find anything for newbie to do free trade. Loss is part of our experience but to gain the best experience newbie should follow this forum.

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March 20, 2020, 02:37:46 AM
 #27

Most of the demo trading opportunities I know are from new cryptocurrency exchange who are working on rectifying bugs on their platforms. They open up bounties for bug detection and individuals are allowed to trade on demo accounts to detect the bugs. I know there would still be several in the industry, you may just have to Google it to see for yourself.
Python Master
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March 20, 2020, 02:51:27 AM
 #28

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.

let's collect these methods here.
Most of forex exchanges have this. They allow you to register a demo account with demo balance, allow you to trade many coins with USD pair. It's a good way to start learning about trading and investment without risk.

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March 20, 2020, 03:10:46 AM
 #29

Bounties and airdrops are currently worthless if one is looking to raise capital from the programmes to start their trading. I came late to this space too, been using my fund from offline business to trade. I actually didn't learn how to trade from any demo account, although I am not yet a TA person.
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March 20, 2020, 03:56:39 AM
 #30

Well, there is just one trading platform that offers some demo trading. Try Bitmex. You don't have to deposit or invest to try some trading here. https://testnet.bitmex.com/
However, if you are a newbie and doesn't have any background in trading. This is a complicated demo for you. It's because this is leverage trading. Or you can always try depositing small amount in an exchange like binance or other trading exchange and practice trading by buying low and selling high.

But still, it's quite hard as it needs you to learn more about trading. There are a lot for you to know like fundamental and technical analysis. I, myself took some time to learn those tools before doing actual trading.
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March 20, 2020, 05:57:11 AM
 #31

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.
If demo accounts or play money or trial, there are apps that allow this for each user. This is what we call simulators.
The 8 Best Cryptocurrency Trading Simulators

Great simulators. I believe that they are worth paying attention not only to those who are starting their first steps on the crypto market, but it will be useful to try their hand there and those who already have experience in trading.
Beginners forget to try these useful apps for trials. They all want to all-in because of the testimonials that they've just heard how the other people managed to trade and make huge money out of it. They don't understand that they have to try it whether with simulator or with real capital but as long as it's affordable to lose. But to those that don't want to try it with real money at first, these apps is the thing that they need for excelling or experiencing trading.



 

 

 

 

 

 


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March 20, 2020, 06:02:00 AM
 #32

One can start earning through free giveaways or task campaigns on this forum, we have Airdrops and exchange tasks to earn good money and maybe use the money for trading practicing, one can start promoting projects too, some exchanges do have free trading with zero fee

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March 20, 2020, 06:29:19 AM
 #33

I've only seen demo trading on platforms like binary options, iqoption , and others they give demo account and loaded with money to try out the trading but I haven't come across such on crypto exchanges

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March 20, 2020, 06:44:05 AM
 #34

In the crypto market, it is impossible to start earning from scratch. I was a little late with my arrival to the crypto market. When I arrived it was impossible to make much money on bounty campaigns or airdrops. However, the first money from bounty campaigns gave me the opportunity to try my hand at trading and investing. I enjoyed it. Thanks to this, I decided to invest part of my savings in the crypto market.

Now it is impossible for beginners to get capital from scratch and use it to learn how to trade and invest in the crypto market. They are forced to carry their money here and this scares many away from the crypto market.

Are there any ways for beginners to try their hand at trading and investing without investing their money in the crypto market?
Maybe it's some kind of demo accounts on exchanges or experienced programs.

let's collect these methods here.

For beginners, trading becomes a high risk thing because crypto price movements are different from other investment instruments. In my opinion, some crypto deserve to be a long-term investment but trading can indeed increase capital in a short time as long as we have good trading skills and are able to discipline with the strategies we have

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March 20, 2020, 08:39:47 AM
 #35

I've only seen demo trading on platforms like binary options, iqoption , and others they give demo account and loaded with money to try out the trading but I haven't come across such on crypto exchanges

I don't want to try with the demo trading on binary options because it is different than the crypto trading, and I feel it is too difficult to learn binary than crypto trading. Besides that, I think the risk will be bigger in binary options than the crypto trading, but I don't know what the other people say about binary trading. I guess if you want to start to do crypto trading, you can use demo trading in bitmex, but you should learn more about the trading so you can understand how to place the order.

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March 20, 2020, 11:19:33 AM
 #36

My advice for every newbies who have no money to invest or try out trading is to start with airdrops, I spent an entire year on airdrops only and the result isn't bad, for someone who have no penny there is nothing lose here than time and energy

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March 21, 2020, 10:45:52 PM
 #37

My advice for every newbies who have no money to invest or try out trading is to start with airdrops, I spent an entire year on airdrops only and the result isn't bad, for someone who have no penny there is nothing lose here than time and energy
Yes, this is good advice for beginners when people have no money. But I think that people will spend only their time on unnecessary actions. It’s better to go about your business and make money in another way.

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March 21, 2020, 11:24:55 PM
 #38

What a tough question. Even if someone gets paid in some bounties campaigns, he mostly receives tokens, not bitcoin or ethereum in order to directly deposit to an exchange. He still needs a small amount of fiat money to buy gas (commonly ETH) in order to deposit tokens to a specific exchange and then sells them.

Luckily, Bitsgap is the rare cryptocurrency exchange allows demo trading feature. All you neen is to open an account and switch to DEMO mode: https://bitsgap.com/demo-trading/. Other than that, new exchanges usually have bug testing bounties in its pre-run phase. The purpose of bug testing is to find trading system's faults but participants can enjoy the feelings of getting free accounts and trading without loosing money.

Wow, this is very insightful as i never knew there's a cryptocurrency exchange that offers a demo trading exchange. I thought that feature is peculiar to forex trading but now i know and i say Kudos to you for that. With this information you shared, i think after thorough practice with the demo account for quite some to get the user acquainted with the basics of trading, he will have to take the risk of starting the real trading with his own capital as ways to earn free crypto are becoming difficult with each passing day
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March 21, 2020, 11:51:51 PM
 #39

My advice for every newbies who have no money to invest or try out trading is to start with airdrops, I spent an entire year on airdrops only and the result isn't bad, for someone who have no penny there is nothing lose here than time and energy
Yes, this is good advice for beginners when people have no money. But I think that people will spend only their time on unnecessary actions. It’s better to go about your business and make money in another way.
not everyone spends their time being unimportant because I see many people who still don't have a purpose in life, meaning they still have difficulty finding money, some don't work and others because everyone has to work and must be able to make money to survive.
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March 22, 2020, 02:44:19 AM
 #40

My advice for every newbies who have no money to invest or try out trading is to start with airdrops, I spent an entire year on airdrops only and the result isn't bad, for someone who have no penny there is nothing lose here than time and energy
Yes, this is good advice for beginners when people have no money. But I think that people will spend only their time on unnecessary actions. It’s better to go about your business and make money in another way.
not everyone spends their time being unimportant because I see many people who still don't have a purpose in life, meaning they still have difficulty finding money, some don't work and others because everyone has to work and must be able to make money to survive.
Yes some still have hardtime picking what will be their life's meaning so in result they still don't have money to start off in trading but airdrop and bounties are such good ways to earn money so that you can start your own trading without spending your real money here in crypto. Airdrops now are not like way back before, most of then now are scams or they just give you low valie coins but take note that their still good ones as well as in the field of bounties, you need to spent atleast a year to have a good foundation for your trading, just remember that it wilk be a long path but its worth it.



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