Starting as a Trader and Trading Bitcoin

[BitcoinTurk]

When I was only 15-16 years old, my interest in the economy started and this interest did not decrease afterwards. I followed the news about the economy and did a lot of research to find out the economic terms. About a year later, I met Bitcoin and I have learned a lot about Bitcoin since then. If I need to talk about my many years of experience, I can make the following recommendations to anyone who has just started;

- Always research and learn more.
- Get detailed information about trade before you start trading.
- Know the technical analysis methods and indicator usage well.
- Gain experience by trading with trial accounts.

And finally, start trading when you feel ready. Any operation without sufficient knowledge and experience will cause you to suffer. You can only earn by chance by trading without sufficient knowledge and experience.

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[Freddy11]

Trading is always fun regardless of whether you are doing Crypto trading or any other style of it. I do all styles through FreshForex broker, as there are over 130 instruments including Cryptos. So it’s easier to do trading on whatever you are comfortable with.

[EdvinZ]

1) I would like to know how to minimize the risks when trading cryptocurrency and at the same time increase the potential profit?
2) It would also be cool to find out how best to store cryptocurrency, which exchanges are the most reliable in this?
3) Which exchanges Have the lowest trading commissions?
4) It would also be interesting to hear the experience of traders, on which trading pairs they managed to earn the most money?

[Finestream]

Trading is always fun regardless of whether you are doing Crypto trading or any other style of it. I do all styles through FreshForex broker, as there are over 130 instruments including Cryptos. So it’s easier to do trading on whatever you are comfortable with.

Not all traders are having fun on what they are doing, those who are losing might stop trading and just give up.
it's only fun for those who understand it and those who like to pursue because they are challenge, you need a set of skills in order to succeed being a trader.

[crwth]

The summary of everyone "if they are just starting as a trader in Bitcoin" is sufficient. I have understood well enough most of the suggested topics to discuss.

The important points that I want to point out are

• Understanding the Risk of Trading
• What is the best exchange to trade on?
• Choosing a strategy that best suits the trader
• What coins to choose from
• How to become profitable in trading?

I think most of the points above single have things in common, and that's the wanting to learn and preventing the possible risks towards the portfolio. No one could perfect it, but if you are consistent in winning, you could overcome all the losses.


It's time to close this thread, knowing that it's been thoroughly discussed, and I aim to prevent spamming as well in this thread.