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Author Topic: Cryptocurrency trading  (Read 634 times)
sana54210
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April 26, 2021, 07:27:04 PM
 #61

If I were you who had $1000 then I would put everything in doge. I do not care about any issues circulating about the doge, because so far with such old coins and also, there has been an incoming adoption from a very influential person so of course the doge has a good future. Even before the big investors entered I believed that the doge had a long future which of course the price would continue to rise from time to time.
Dogecoin may remain a good choice only when you are opting for long-term holding or at least you must be ready even you will be enforced to hold for years. Because there will be no guarantee from those billionaires to continue their pumping for the remaining months of this year. Anything could happen in this crypto space and getting ready to face such things is the only action we should do along with investing into any coin.

Personally I will invest into dogecoins as well but not for all $1000. But for the current prices of most altcoins, I guess we could not get any big share for $1000 still I will try to diversify along with BNB and litecoins because I am believing these two to continue for the remaining months of this year because people are expecting most crypto will be having final ATH by the end of this year.
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April 26, 2021, 08:00:36 PM
 #62


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

Don't research more and get into a unknown coin.It's better to get into a bitcoin,the king of cryptocurrency. Now the price of bitcoin on a dump and landed at 54k from the value of 64k. It happened over a two weeks. So their are lot of chance for the bitcoin to rise above the value of 60k. You need patience after investment.

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ScamViruS
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April 26, 2021, 08:21:14 PM
 #63

If I were you who had $1000 then I would put everything in doge. I do not care about any issues circulating about the doge, because so far with such old coins and also, there has been an incoming adoption from a very influential person so of course the doge has a good future. Even before the big investors entered I believed that the doge had a long future which of course the price would continue to rise from time to time.

This can be a dangerous decision for the trader and the reason for that decision may be the situation of exiting the market. Dogecoin has already pumped a lot, many are worried about the consequences of Dogecoin in the coming days. The big influencers who get money tell people in different ways to buy those coins, it is not right to trust them. He should advise a new trader in such a way that he can feel safe, telling him to buy dogecoin means to influence him in a different way.

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Kasabus
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April 26, 2021, 11:39:22 PM
 #64


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

if you have no experience i think its better for you to learn more about crypto my friend
then learn how to analyze the market with technical analysis and fundamental analysis,
i believe if you can combince both analysis, you can be a good trader mate,,
by the way, i think for now BNB is the best alt to buy with your $1000
regards

DYOR first before taking crypto trading.There are a lot of things to learn before jumping into crypto trading. The crypto market is very unpredictable so you have to prepare for the worst case to happen like losing your capital in just a second. Just a suggestion my friend, start investing with bitcoin because its the most trusted coin whether you're a newbie or a legend in this crypto market. But don't expect to make profits at first, otherwise prepare yourself from losing.

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South Park
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April 27, 2021, 04:31:25 PM
 #65

If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.

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Dump3er
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April 27, 2021, 10:19:15 PM
 #66

If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.

If you take a little amount that doesn't hurt you earning by doing is definitely a good way to become familiar with market dynamics.
Just from reading and studying you don't really get used to how markets work and can work in very special situations. As for the different technologies that the different coins have to offer you are right. The only way to learn is to study different coins.

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jossiel
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April 27, 2021, 10:45:51 PM
 #67

Don't research more and get into a unknown coin.
Is it don't or it's a mistype that it should be do?

It's better to get into a bitcoin,the king of cryptocurrency. Now the price of bitcoin on a dump and landed at 54k from the value of 64k. It happened over a two weeks. So their are lot of chance for the bitcoin to rise above the value of 60k. You need patience after investment.
A good starter for newbies is to buy bitcoin and I can't agree more with that. Although we're firm and believe that bitcoin will be back on the price of $60k soon but when a newbie believes on this without thinking of the risk that it takes and he doesn't have the patience, it's better for them to take time before buying it.

Twinscoin2017
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April 29, 2021, 02:10:34 AM
 #68


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
I advice you to buy some good and legit altcoin, eth,dogs,Dot,BNB,etc.,beause I believe that it is more safe if you buy a coin that is trusted and has a great background because they have a big posibility of rising in the near future, there are a lot of new project with new altcoin but most of them are scam, so i think for a new trader without experience it is safe if you buy those coin that is already known and advisable to buy by the expert.
Iceblast
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April 29, 2021, 09:07:01 AM
 #69

you can try to be on ETH, BNB and some coins that are booming such as NFT or SFP. So I think this is a good move rather than losing $ 1000 on risky coins

Reatim
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April 29, 2021, 09:51:01 AM
 #70


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
You have created that account and make this post then never comes back online or check this thread about the questions you asked?

https://bitcointalk.org/index.php?action=profile;u=3285875

Are you serious in your question or just Give way to your farming account so there can be Shitposting from their ends?

you can try to be on ETH, BNB and some coins that are booming such as NFT or SFP. So I think this is a good move rather than losing $ 1000 on risky coins
Don't fall from This question because he has nothing mean here but to lure spamming.

Reported the thread already for Locking.









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South Park
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May 01, 2021, 04:27:25 PM
 #71

If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.

If you take a little amount that doesn't hurt you earning by doing is definitely a good way to become familiar with market dynamics.
Just from reading and studying you don't really get used to how markets work and can work in very special situations. As for the different technologies that the different coins have to offer you are right. The only way to learn is to study different coins.
You are not wrong but I still think it is a bad idea, investing a small portion of your capital can be a great way to learn some of the dynamics and movements of the market but since this is not what we see newbies do and instead invest all their capital in bad coins I still think the first step a newbie should take is to learn for months from books and stay away of the markets until they have a solid foundation and only then they can begin to invest with a small amount of money.

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May 01, 2021, 05:13:28 PM
 #72

If I were you who had $1000 then I would put everything in doge. I do not care about any issues circulating about the doge, because so far with such old coins and also, there has been an incoming adoption from a very influential person so of course the doge has a good future. Even before the big investors entered I believed that the doge had a long future which of course the price would continue to rise from time to time.

your choice is an option for us too, maybe that's the way to cultivate profits above 100% in the future if you see DogeCoin continues to be paid attention at this time. the pump is no doubt, I think $ 1000 already has a sizable profit option. Still with a few Cents at the moment, it may be true that a $ 1 push will be seen for DogeCoin future.

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mace15
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May 02, 2021, 02:51:49 PM
 #73

The first thing that you must do is to learn how cryptocurrency trading is all about. Trading crypto in the market is volatile so you should know the risks and only invest on the amount that you can afford to lose as what others been saying here. Always put in mind to do your own research before we invest in a certain coin.
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May 02, 2021, 03:47:51 PM
 #74


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
you must first learn to understand a token ,. If you have no experience you will be easily misled by people's opinions. My advice is that you can try to continue learning about crypto coins until you understand, so that you don't get caught in the wrong opinion

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May 04, 2021, 03:20:30 PM
 #75


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
As to what you just mentioned, considering that you are just a newbie in cryptocurrency trading, the best thing to do first is to familiarize yourself with the process. Learn more about how and what crypto is currently the best to trade with. I may give you a lot of suggestions on what you should trade but I think it would be better if you'll discover it yourself. Explore the platform, the forum and gather around news with regards to the crypto you are percieving to be good to trade with. As you learn more or become knowledgeable, you might find yourself earning a lot from your trading as you followed the steps properly.
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May 04, 2021, 09:41:53 PM
 #76


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

$ 1000 for me is a lot of capital to trade or invest in cryptocurrencies, if you are a beginner,
you better buy cheap altcoins like XLM, XEM or Bittorent, yes these three coins are very cheap because the price is not up to $ 10,
You can get a lot of coins if you buy it with a capital of $ 1000, try going to Binance and you will find out.

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May 04, 2021, 10:21:47 PM
 #77


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
There are a lot of source for to read to learn how trading work, just googling it and you will find a lot of article about it. But yeah, I'll be more suggesting you to buy some trading books because its more specific and you will learn sequentially from the most basic things first.

After that, you have to find a trading platform and there are some trading platform that has a good reputation you can googling it as well. Don't buy directly with your money, there is trading platform which provide demo trading at least you can learn some features in the trading platform so as when you use real money you will know what will you do.
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May 04, 2021, 10:31:08 PM
 #78


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

the question is not what but how
how to become a good cryptocurrency trader ?
i think, you should learn about technical analysis and fundamental analysis mate,
then if you can combining both analysis, i'm sure you will be a good trader buddy
because learn first before earn  Wink

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devollito
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May 04, 2021, 10:47:38 PM
 #79


I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

Learn to read chart and learn the coin movement first before jumping in to daily trading. Learn money management and risk management in trading or you will be lose all your money in one day and it could happen faster if you use laverage.
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May 05, 2021, 04:02:25 AM
 #80

If you want to do a short-term trading, today is a great day for you to buy ARPA,
My suggestion will be :
$800 for ARPA
$200 for ROSE

both of them are quite good and promising altcoins to trade for a short-term investment.
i hope that it can be useful.

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