Popular Investing Strategies for Beginners

[AakZaki]

you are right about that, learning to trade is not only done at one source but from many sources or other people who are more professional. Experience is very necessary to be successful in trading, because the experience gained will provide a warning about what we should not do and so we don't repeat mistakes that have been made. nothing is instant, all requires a process included in trading, the most important thing is to stay consistent and always learn.

[MWesterweele]

I doubt that having $10k to invest as a newbie would be a smart move to begin with. If you are newbie, you should start investing with like 500 dollars at most, buy one ethereum for example that is around those prices and that is good enough for you to start. That way you could always invest some more later on.

Assuming a newbie has $10k they want to invest, I would say buying 500 dollar worth of etheruem one day, doing it again a week later, doing it again a week later and doing it like that for 2 months basically would mean 8 ethereum by the end of it and you would spend $4k of that. After that you start doing the same for bitcoin, you buy 500 dollar worth of bitcoin one week, and keep doing that until you run out of money. Buying once a week for 500 bucks is a smart move when you have that kind of money instead of going all in.

Well in fact any amount of starting investment will do as long as the trader would be willing to take risk it as an investment. Be it $500 or $10000 in my own opinion it doesn't matter how much it is as long as you can handle it properly and of course trained yourself to accept whatever may happen on your investment. For me, a trader would take investment seriously since money involved but to be honest when i was a newbie it takes me long time to convinced myself how much i am willing to lose i already set in my mind.

[mersal]

Hi Everyone!

I wanted to share some different investment strategies that are popular for beginners. It can be intimidating to start learning about crypto for the first time and how to trade, but these strategies will make the process far more simple.

Passive Crypto Investing Strategies for Beginners

What strategies do you use for your portfolio? I would love to keep adding to the list!

Looking forward to chatting with everyone.

First of all, cryptocurrency trading is not kind of passive income method because you need ti be actively involved in cryptocurrencies trading like analyzing and watching the market movement all the times.

Portfolio should be balanced one, like most reputed coins,most promising upcoming coins for long term and highly volatile coins for short term.

[Savemore]

you are right about that, learning to trade is not only done at one source but from many sources or other people who are more professional. Experience is very necessary to be successful in trading, because the experience gained will provide a warning about what we should not do and so we don't repeat mistakes that have been made. nothing is instant, all requires a process included in trading, the most important thing is to stay consistent and always learn.

Trading is not just about doubling your capital in just days or weeks, it is about a long term perspective of a success wherein it is a process of gaining a lot of experiences and leaning a lot of things in the market. The best way for a newbies to become a experienced trader is by trading by their selves where they will not give a care in trading signal groups and also in trading bots. Through gaining experience, we can create a system where it can help us to become a successful trader. I opened the shrimpy blog and the topics are good but a newbie should learn how to trade effectively and how to manage their portfolios.

[matchi2011]

Hi Everyone!

I wanted to share some different investment strategies that are popular for beginners. It can be intimidating to start learning about crypto for the first time and how to trade, but these strategies will make the process far more simple.

Passive Crypto Investing Strategies for Beginners

What strategies do you use for your portfolio? I would love to keep adding to the list!

Looking forward to chatting with everyone.

First of all, cryptocurrency trading is not kind of passive income method because you need to be actively involved in cryptocurrencies trading like analyzing and watching the market movement all the times.

Portfolio should be balanced one, like most reputed coins,most promising upcoming coins for long term and highly volatile coins for short term.

DYOR is commonly seen from this market or to any other investment venue. You can treat it as passive only if you know how
to work with every information that you need to continue gaining.

There are good projects for both long and short term holding, as long as you understand what ypu are doing the chance to
succeed from the market is really possible.

[justdimin]

I doubt that having $10k to invest as a newbie would be a smart move to begin with. If you are newbie, you should start investing with like 500 dollars at most, buy one ethereum for example that is around those prices and that is good enough for you to start. That way you could always invest some more later on.

That depends on the financial status and varies from trader to trader actually. But, I agree one should not start with all the capital at once, instead start with 10-20% of the capital and see how you do with that and based on your profits and losses you can invest more into your trading from the capital. In case of an early loss you have the backup to rely on.

There are countless strategies and methods people use for trading and investing like some would focus on selective projects and seek long term profits while some buy a lot of coins that are newly listed on exchange and then wait for the pup to happen and sell their coins at low profits and repeat the process. Each method has it's own advantages and drawbacks so there is no hard and fast rule.

[Shasha80]

I will share the investment strategies I used when I was a beginner, the first is that before investing, we must know the coins we want to buy.
So always invest in projects that we do know, don't be a blind investor. Must have good risk management, because crypto trading is a high risk
activity. And lastly, always use stop-loss and take profit features, so as not to lose all the capital we have when prices drop dramatically. And
don't lose the opportunity to get profit when prices rise.

[bittick]

a good strategy for beginners in my opinion is easy, if you really have a lot of capital, maybe $ 10k,
you can invest 50:50 in two cryptocurrencies, you can analyze it by looking at ROI and fundamentals,
if ROI is still negative and fundamental good, of course it is highly recommended,
and also you have to invest in coins that have low prices.

I don't think this is good advice for a new trader. I think a beginner should at least start with low capital and build experience. If he will start trading with that large capital and have no idea to handle it, he will just lose his capital.

IMO, A beginner should try executing small trades and build experience then gradually increase it when he's starting to gain confidence with his strategy.

Instead of exhausting mental by trading that beginner might aswell doing some holding or long term investment since $10K is quite the money the passive income would be plenty aswell. Trading needs experience to sucesfully execute and while gaining experience it would be great to have passive investment.

[bearexin]

you are right about that, learning to trade is not only done at one source but from many sources or other people who are more professional. Experience is very necessary to be successful in trading, because the experience gained will provide a warning about what we should not do and so we don't repeat mistakes that have been made. nothing is instant, all requires a process included in trading, the most important thing is to stay consistent and always learn.

Not just experience helps to take better decisions but it also helps develops confidence and ability to handle loss which is the most crucial part of trading because if you cannot handle your losses you will make some emotional decisions and it would be similar to gambling where a player loses and just keeps chasing those loses until he loses everything.

Experience along with skill becomes a sharp weapon for any trader and since the market is so volatile you must face some losses and learn to bounce back from the loses. There are times when BTC market goes down and everyone curses their decision of holding but the same people feel brave when the price later recovers so it is a never ending cycle.

[Ryker1]

^[snip]
Experience along with skill becomes a sharp weapon for any trader and since the market is so volatile you must face some losses and learn to bounce back from the loses. There are times when BTC market goes down and everyone curses their decision of holding but the same people feel brave when the price later recovers so it is a never ending cycle.

Well, you have a point there but how about if you are a beginner in trading, it is expected that you will always have losses?
For me the popular of investing bitcoin is invest when the price is low and sell it when the price is high, --but sometimes it makes me wonder how may I know when it will happen. The market is too volatile and unpredictable, it is not easy for us to predict the right time to invest. However, OP shared a great help to the beginners ^{[including me]}, in fact, I bookmarked it and study when I have enough time to study.

[error08]

~
For me the popular of investing bitcoin is invest when the price is low and sell it when the price is high, --but sometimes it makes me wonder how may I know when it will happen. The market is too volatile and unpredictable, it is not easy for us to predict the right time to invest. However, OP shared a great help to the beginners ^{[including me]}, in fact, I bookmarked it and study when I have enough time to study.

The simplest way for newbies, in this case you have to wait a relatively long time to be able to generate profits, usually a few weeks to several months. Bitcoin isn't unpredictable, quite noticeable where it's heading, all you have to do is determine the entry point and at what price you will sell it, and be patient. For instance, buy at $18k and aiming to sell at $25k, don't tempted to sell at $22k or $23k, stick to the plan.

[Harlot]

Dollar-cost averaging, which can be found in the article, is one of the worst advice you will hear from any guides or "professionals" out there since it is not effective or rather not efficient for your money. DCA basically tells you to have a fix amount to be invested regularly no matter what the price is and the bad thing about this is you don't take advantage of the price swings making you not be able to maximize the capital you have. Basically DCA isn't suitable for the crypto market as its more effective on more stable assets where you can take advantage of their slow price movements, in the crypto market you will just be wasting your money just by doing that.

[Viscore]

That all be enough OP.
I don't have any additional to it but only to have suggestions.

As beginners, things that we need in applying those strategies that we feel very convenient and think was profitable.
*don't be greedy
*Don't think about quick returns
*think twice or even multiple time in making decisions
*Keep ourself being aware and prepared to lose (it all just normal and never have to badly think of it, otherwise this will lead to failure)
*Lastly, focus on trading as your commitment and enjoy yourself.

[MCobian]

Newbie definitely lacks knowledge of the world of trading, so always use a relatively safe strategy. My advice is to use spot trading,
then set stop-loss and take profit features. After that, select the popular coins for investment so that the newbie should be able to
make a profit. For newbies, always improve your trading skills by looking at trading tutorials and also practice more, from there you
will increase your trading skills.

[bitgolden]

Passive income via liquidity providing, staking, yield farming and so forth became huge because people trust the system that does provide with some income and it is also "trustless" in the coding way, there is nobody that could take it and leave it.

The worst that could happen would be the thing you stake could be run by some team that just stops and does nothing and that could make the project become worthless, but it is still your own staking money and the staked money that you have. So, it is money making money for you just like what all the rich people are doing and that is not going to end any time soon, as long as this system works, people will keep on using this and it is definitely something that will never end at anytime soon neither.

[CryptopreneurBrainboss]

After that, select the popular coins for investment so that the newbie should be able to make a profit.

Don't go chasing after popularity to determine your investment choices if not you'll get burned as no coin stay popular forever, they'll surely get replace the sooner the early Investors starts existing the market. Although the altcoin industry is driven by hype, still be cautious on making your pick to avoid picking scams as they're the ones that gets hyped the most these days.

The highest profitability comes from believing a project when it hasn't gone mainstream meaning there's more profit to be may from unpopular coins so your ideology isn't entirely true. Sure some coins get pumped more after they become popular but still it can't beat the profit earlier investment would be recording.

[Christabel247]

It can be intimidating to start learning about crypto for the first time and how to trade, but these strategies will make the process far more simple.

This is very interesting, but saying who does not have knowledge about cryptocurrencies looking deeply into it I think anyone coming in here should know a bit about cryptocurrencies. Basically I gained vast experience reading about crypto trading which resulted me getting to know about BTT and I have been advancing myself with many post and other articles that concerned about crypto trading. I found many site but I fell In love with this platform as it is easy to handle and get more information.

[KnightElite]

After that, select the popular coins for investment so that the newbie should be able to make a profit.

Don't go chasing after popularity to determine your investment choices if not you'll get burned as no coin stay popular forever, they'll surely get replace the sooner the early Investors starts existing the market. Although the altcoin industry is driven by hype, still be cautious on making your pick to avoid picking scams as they're the ones that gets hyped the most these days.

The highest profitability comes from believing a project when it hasn't gone mainstream meaning there's more profit to be may from unpopular coins so your ideology isn't entirely true. Sure some coins get pumped more after they become popular but still it can't beat the profit earlier investment would be recording.

Stay out the hype, do not put your money just because a certain project is popular. A lot of traders are losing because they keep chasing and listening to the rumors where they are buying just because someone told them or just because it is a popular. Usually those projects are good in the start and it will suddenly become worst when the bear market enter. If you have good skills and observation, you can easily identify what is good and what projects that should avoid. Protecting our capital is a skill and we can lose it quickly if we will stay ignorant in the market.