New to trading

[bearexin]

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

Mate, if you sell your coins that you bought at a higher price than what it is now, I do not think you need anyone to tell you are losing with such trade. Where is the profit when you're selling a product below its cost price? There is nothing there and you will be losing.

It is best for you to just leave it there since you have already lost money, just leave it till things gets better. If you sell now the price might end up increasing and you will miss out on the opportunity to make profit. So, relax and wait. I have this same experience before and luckily I didn't sell them, because I didn't see the need to sell it. So, I continued to hold the coins until it increases.

[Negotiation]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

To become a trader, you need to know about crypto trading first You can do day trading to make less profit and also make more profit by investing bitcoin from Altcoin. Analyze the market well and invest in bitcoin If the price goes up then sell it The purpose of traders is to buy at a lower price and sell at a higher price.

[rathaha10]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

There's just a simple logic to cryptocurrency trading and how to easily make money; everyone will tell you to buy a coin when the price is at the lowest and sell when the price is much higher than your entry point, it seems simple right?  Well, it is tedious and more difficult than that as knowing when a coin is at the lowest and when it is at the highest is the greatest challenges traders often face in this market

[k@suy]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

In that case, you need to hold your coin for a long time, but the most effective way to have a profit to that is thru scalping, in that case even a small amount of profit you will still have a gain in your investment. But keep in mind, that buy at dip .

[Darktongue]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

The best suggestion will be staying with top coins for small profits. If we put all the information that we have in trade, even though you will lose some money. We can earn profits in two ways by trade. Always wait to buy a dip price, even if bullrun is active you should wait. You weren't clear to me but with low money you should start trade.

[lepbagong]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

It is better to first enter the forum in your country and ask a lot about crypto first. because the main knowledge is to ask questions and see the results of practice.
with the provision of knowledge that you can start with a small thing first, to minimize losses that may occur while learning.
after you are sure of what you have obtained, you can try to make sure to be better.

[Kasabus]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

There's just a simple logic to cryptocurrency trading and how to easily make money; everyone will tell you to buy a coin when the price is at the lowest and sell when the price is much higher than your entry point, it seems simple right?  Well, it is tedious and more difficult than that as knowing when a coin is at the lowest and when it is at the highest is the greatest challenges traders often face in this market

Yes. The most basic rule in trading is buy at its dip, and sell it when the price has made a good increase. But if you don't know when will the coin reaches its dip and its peak price, then you will still lose in the end. This is the reason why you should enter crypto trading prepared and has already practice your own trading skills. Study the crypto market first and how those coins move so you can create a good analysis that can lessen your losses in trading.

[DashingAgent]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

Do not trade if you are new

[rodskee]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

It is better to first enter the forum in your country and ask a lot about crypto first. because the main knowledge is to ask questions and see the results of practice.
with the provision of knowledge that you can start with a small thing first, to minimize losses that may occur while learning.
after you are sure of what you have obtained, you can try to make sure to be better.

Good point, better to have some guidance from the people that fully understand, forum or groups who offers this kind
of knowledge are really helpful.
Lots of mistakes from those who start trading without real knowledge, they just like jumping in the ocean without knowing
whether sharks are there to eat them up.
You'll surely lose your money if you are careless without proper preparations the chance of succeeding is really small,
unlike with those who pay attention in acquiring knowledge
they've got the advantages to step up and earn a lot.

[Desscount]

how did you buy altcoin? if you buy it in May I'm sure now you can smile,
because prices continue to rise until now, congratulations

[realinks]

Nobody knows the movement there are only assumptions. I will advise you should leave and buy more in the deep. Cryptocurrency is an investment for the future.

[famososMuertos]

I'm going to take advantage of your OP to realize how they ask the same question but in a different context, since over time you can have the same premise, so I'm going to take the liberty of quoting myself, but I'm sure it's well worth the worth doing in this case.

The best advice that I can indicate a priori, is that casually doing small profit trading is in practice the most complex of all. But just as you must learn to win small amounts you cannot forget the losses.

However, small profits require big capital, what is big capital? It is a starting amount that does not affect your economy and that you are willing to put at risk. Of the above are a few words but books have been written about it, in any case, if there is something that no book teaches you or good advice you read, it is intuition, learning to read all the information available "live" What the market offers is actually the source of income in the long term.

My Luck is not for Trading, I think Trading is not for Me.  I try it many time, and i understand that trade isn’t for me. Every time i lost my Satoshi on Buy/Selling,  becouse i haven’t any expression about Coin Chart, buy, sell and about more.          

You start with the adjective of luck! Well, you are already in trouble if you enter with the mentality of starting to trade by luck.

The trader is open to everyone, but you must understand what you want to do;
e.g. just having dollars does not mean that you are going to enter the world of currency trading.

You can change your dollars ....because you simply go on a trip to another country and you exchange to the local currency, then after some expenses you have some coins (Fiat) and you want to exchange them into dollars, but this time there are three exchange houses and they all offer a different currency exchange, you choose the one that suits your conditions In general, a better currency exchange requires higher amounts, others pay less but accept small amounts, etc.

Or simply at that moment that you change you get the price of the day to change to dollars, but maybe you did not even realize all that process, because you only want to pass your dollars to local Fiat and then from the local fiat to dollars.

In cryptocurrencies it is no different, many only invest or receive payments and need the money for whatever reason, so there is no time to evaluate much and they exchange.

But some, I assure you that they begin to realize with the time of fees, the volatility of bitcoin (eg) and then at least they begin to understand that their profits can be better if they start studying the market, when that happens a merchant is born who wants to start earning income from the sale and purchase.

So, it is not that the trading is not for you, it is that you are not preparing for to trading or you just do not know very well what you want to do.

__-___
There are many types of traders:
1.-The one who simply needs to make a change for whatever reason, food, emergency, responsibilities, etc.
2.-The one who arrives and simply makes exchanges, has no idea what he is doing. *
3.-The one who says "I want to become a millionaire"
4.-He who sees the price rise and sells or buys.
5.-The one who wants to make Hodl.
6.-The one that makes Hodl and adds more coins.
7.-Some other that escapes me and I have not named.
8.-The one that is in all the previous ones, but is no longer in number 2 (*)
9.-The one who learns that number 3 is not so easy and understands that trade is more than just "selling or buying"
9.-The professional merchant is always there to buy or sell, no matter the price, the day, the hour, it is his main income, the profits pay his bills.

[lepbagong]

Nobody knows the movement there are only assumptions. I will advise you should leave and buy more in the deep. Cryptocurrency is an investment for the future.

true, all based on the assumptions that we manage well and must also be based on the correct analysis and we believe that the analysis that we do is correct. can use CMC or CoinGecko to help your analysis. the principle is buying when going down and selling when the price is considered up.

do not be lazy to ask questions and read in order to add insight it is also important, if possible through forums in your country it will be easier.

[Timmzzy]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

When you purchase top altcoins, selling them off due to decrease in price is not advisable as they have the tendency to all climb back up. There's a general saying among trade experts that you lose in cryptocurrency trading only when you sell off at a dip price lower than your purchase price

This is true when he buys bitcoin or the top altcoins, the most important thing is to remain calm. Other altcoins are very good or bad, carefully research the news and the right time before buying them.

That's if he has the mindset of staying calm because not everyone can control their emotions when it comes to trading it takes the grace of God to stay put in the market trends.

[Utoy101]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

There's a major rule used by every traders and investors in this space, by when it is cheap and sell only when it is higher than your entry point. If you are trading and investing in bitcoin or some major altcoins, there's always a tendency that they will increase overtime no matter how long they take, so I'll advice you to keep the portion you are holding and buy more because the bull will eventually sets in one day and you will be able to sell at a profitable price

[Rulelies]

If you haven’t bought, buying at dip is always the best idea but what are the chances it will go down so dip, nobody knows. And if you have bought already i will advise not to sell except the project is useless. Cryptocurrency is for the future. keep buying small and have your target

[TimeTeller]

If you haven’t bought, buying at dip is always the best idea but what are the chances it will go down so dip, nobody knows. And if you have bought already i will advise not to sell except the project is useless. Cryptocurrency is for the future. keep buying small and have your target

The OP should always remind himself about the simple rule of trading - buy low, sell high.
So even if you are new in trading, that rule is very simple and straightforward.
If you buy for example btc at $8k, of course you need to sell it above $8k to gain profit.
And not sell it below $8k even if there will be panic selling in the market.
You should follow your instincts and not be emotionally affected by others.
As long as you are following that simple rule, I don't think you will incur big losses in trading.

[Freddy11]

Well, I think the way to news trading is risky, so we have to be very careful with how we go about it. I am always very careful and it helps a lot through FreshForex broker. I love it with their transparent system along with superb 200% Deposit Bonus, it’s just stunning.

[Best Dreams]

If you haven’t bought, buying at dip is always the best idea but what are the chances it will go down so dip, nobody knows. And if you have bought already i will advise not to sell except the project is useless. Cryptocurrency is for the future. keep buying small and have your target

I think this is what all people know about crypto that people needs to buy at a low price and sell at high but some people do the opposite they make mistake doing opposite so if you are you should buy some coin at the lowest price and later on the price will rise higher. You just need to grab the opportunity and garde for the long term being new it is profitable for you.

[Mrengage]

Hello All,

I was hoping to get some advice as I am brand new to crypto and trading. So if I have bought an Altcoin or bitcoin at a higher price than it is now should I sell and buy the dip or does crypto not work like that? I am trying to find the best way to start making small profits.

Any help is appreciated.

If you have the particular coin you probably want to buy, Go ahead with that. Believe me if you hope on getting advice on what coin to buy from people recommendations you will end up being complicated.