How To Go About Crypto Trading For Newbies.

[Shenzou]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

The best way is obviously to make a lot of research and get as much information about where to invest and how to do it and and in which coins you should be putting your money into depending on how much capital you have and of course the best way to get about doing that is to explore different threads and topics on this forum to get people's ideas and opinions about different things .

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[bandungan]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

for newbies the most important thing is to use small capital. then you can look for trading tutorials on youtube or on this forum and look for a lot of information. learn to trade with small money because you are a beginner don't be afraid to lose, because that's part of a success.
the first thing you do is pick a coin, buy it at the lowest possible price and sell fast when the price is high, do it continuously. it is a classic trading technique, simple and easy to do for newbie

[geegaw]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

for newbies the most important thing is to use small capital. then you can look for trading tutorials on youtube or on this forum and look for a lot of information. learn to trade with small money because you are a beginner don't be afraid to lose, because that's part of a success.
the first thing you do is pick a coin, buy it at the lowest possible price and sell fast when the price is high, do it continuously. it is a classic trading technique, simple and easy to do for newbie

No, even starting with small resources and sticking to the slightest loss and fear, we should still have a shaky response and think deeply about it, don't be subjective with this spice when the first habit can become ingrained in the next path, need to be afraid of loss and start to be more confident about winning, newbie is in need of such interwoven inner thoughts to cover more about the trading career. Don't know where to start, let's start here, the topic here is very comprehensive

[Kittygalore]

Mastering trading with the basics first before continuing to trade. There are many articles, journals, videos that can be searched easily. At least have an idea how to determine the right crypto based on a pretty good prospect. Sets 10 CoinMarketCap ratings or up to 100. Use 50% for trading and 50% for long term trades. Because that way you can find out the difference in profits and the difference between the two.

Why not read and take in information first before getting into trading, experience can always wait. Remember that when you just get in without thinking, you will always end up with nothing but losses which is the biggest mistake. Also, try to practice with paper trading instead of getting in with the real trading, try the risk free ones.

[jaberwock]

I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

If you have enough capital to start your trading, it’s a good thing because about fifty percent of your problem has been solved in this case. So, the next thing you have to do is to learn trading. When it comes to this, you have to take your time and learn it, because if you don’t learn it you’re going to be losing that capital and it is of no use. So, when you have that capital you have to learn how to trade and after you have learnt how to trade, the next thing has to be looking for a good trading platform, and I think Binance is a good platform to start with, it’s a big platform and there are lots of things you can do on their platform.

[TheUltraElite]

I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

Newbies should not start trading right away.

In coming to crypto, one must first learn how to secure their wallets and keeping their coins secure. This will prevent a lot of problems in later on when they are actively trading.

Once that is done, they should start with reading charts and learning how market movements occur and see if they are able to predict movements. This is where dummy trading comes into play like some other members have suggested. Without having done that for at least half a year one can end up making the most horrible mistakes that every newbie does in the real field. If you make those mistakes on paper, you will learn quickly.

Capital is in my opinion not an important constraint. If you are a bitcoin trader, your capital does not change much. It starts making sense to allocate capital only when you are into shitcoin trading and newbies should defenitely not do that.

[Silberman]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

The best way is obviously to make a lot of research and get as much information about where to invest and how to do it and and in which coins you should be putting your money into depending on how much capital you have and of course the best way to get about doing that is to explore different threads and topics on this forum to get people's ideas and opinions about different things .

And while this is the logical and correct thing to do, how many newbies actually take the time to do something like this? Very few, most newbies come to the market only thinking on the profits they are going to make, but they never think on how are they going to get there? After all profits are not going to appear out of nowhere in your account, the only way to do so is by being able to predict with more accuracy what the market is going to do, something that is only possible for the ones that study the markets.

[nelson4lov]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

I have a lot of friends and people that have approached me either saying they have some amount of money to start with or asking me how much capital they need to get started (the minimum). I tell them the same thing every time ~ that they need to get acquainted with crypto first before getting their hands dirty with investing or trading or whatever they want to get their hands on. They might get lucky as newbies and would easily lose those profits if they don't have some crypto fundamentals up their sleeves. For someone just getting started, I recommend:

1. First deciding what you want to be - A trader / investor, etc. But I'll be focusing on trading instead of investing (a la trading board)

2. For trading, it's best to explore trading resources available:

• Babypips.com
• YouTube

These are some of the best trading resources I've found that can help anyone get started in crypto trading.

[EdenHazard]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

I have a lot of friends and people that have approached me either saying they have some amount of money to start with or asking me how much capital they need to get started (the minimum). I tell them the same thing every time ~ that they need to get acquainted with crypto first before getting their hands dirty with investing or trading or whatever they want to get their hands on. They might get lucky as newbies and would easily lose those profits if they don't have some crypto fundamentals up their sleeves. For someone just getting started, I recommend:

1. First deciding what you want to be - A trader / investor, etc. But I'll be focusing on trading instead of investing (a la trading board)

2. For trading, it's best to explore trading resources available:

• Babypips.com
• YouTube

These are some of the best trading resources I've found that can help anyone get started in crypto trading.

+1
Whether you are going into investing or trading .. you have to upgrade yourself.

get yourself educated through a lot of well known sources , to be specificly there is countless resources on youtube but most of them arent really well explained and experienced , could be just a random knowledge and full of specualtion .
youtube is a great educational resources if you prefer to not reading books through    , as books always better for me.

after you have acquired a little knowledge then you can go into practice and the more often you doing it the more skills you'll get in each passing day.

[Cherylstar86]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

I have a lot of friends and people that have approached me either saying they have some amount of money to start with or asking me how much capital they need to get started (the minimum). I tell them the same thing every time ~ that they need to get acquainted with crypto first before getting their hands dirty with investing or trading or whatever they want to get their hands on. They might get lucky as newbies and would easily lose those profits if they don't have some crypto fundamentals up their sleeves. For someone just getting started, I recommend:

1. First deciding what you want to be - A trader / investor, etc. But I'll be focusing on trading instead of investing (a la trading board)

2. For trading, it's best to explore trading resources available:

• Babypips.com
• YouTube

These are some of the best trading resources I've found that can help anyone get started in crypto trading.

+1
Whether you are going into investing or trading .. you have to upgrade yourself.

get yourself educated through a lot of well known sources , to be specificly there is countless resources on youtube but most of them arent really well explained and experienced , could be just a random knowledge and full of specualtion .
youtube is a great educational resources if you prefer to not reading books through    , as books always better for me.

after you have acquired a little knowledge then you can go into practice and the more often you doing it the more skills you'll get in each passing day.

Indeed. Knowledge is very important in trading. Once you start trading you need to have the capital. Always remember that trading is not that easy, it is too risky and you can't guarantee a return, you might lose your initial capital for trading. If you want to trade, you should need to be prepared, learn the basic, you are able to manage risk and study more or should I say do a lot of research about trading or ask advices to those veteran who experienced a lot in trading so you'll not end up wasting everything you have.

[el kaka22]

The simplest method is obvious, you need to watch youtube videos to become good at trading, but you will not be getting good at it just yet, you will learn how the good ones are doing. If you like to read then read, if you like to watch then watch, if you like to listen then listen because all kinds of studying is available for people who learn anyway they feel comfortable with.

After you "learn" how they do it, then you open a demo account somewhere to test for free, and you start to trade according to what you learned, if there is a big loss somewhere you go back to your learning and see what you did and what you should have done and what's wrong, sometimes nothing is wrong and you were just unlucky but still check it and learn from the mistake. When you do all of these for a while, then you can start with small amounts and depending on your results could grow bigger and bigger. Simple as that.

[otundebis]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

Trading Cryptocurrency is a very risky, you will lose and if you do not have the skills and character to hold your position,  considering the position is good,  you may even lose further!  My advice is to get started right a way with a little money to test the water.  Learn everything that can help you with trading,  and with time. You will begin to get hold of trading in to profit that will amaze you!

[n0nce]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

Trading Cryptocurrency is a very risky, you will lose and if you do not have the skills and character to hold your position,  considering the position is good,  you may even lose further!  My advice is to get started right a way with a little money to test the water.  Learn everything that can help you with trading,  and with time. You will begin to get hold of trading in to profit that will amaze you!

Why use any money if you can trade with a demo account for free? That's what I advise..

[CryptopreneurBrainboss]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

Better not go about it instead pick interest In a perfect alternative which is investing. I don't have to go about comparing how better investing is to trading but just to give you some ideas. The success stories in the space has alot to do with investing then trading although that doesn't mean you can't achieve success from trading but the chances are minimum as 90% of the traders loss, just a minority actually become successful from trading.

Just having capital isn't what it takes to become successful at trading as you'll be required to undergo some lessons to perfect the skill. If I was in a position to advice you, I'll recommend you Invest through dollar cost averaging as this strategy helps in the long run. You don't have to worry about the volatility of the market as if the market was to dip, you have funds waiting on such opportunity to take advantage of.

[DanielBroonze]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

I think first you should go for the trading site like Tradingview for understanding the basic graph of the crypto 

[LimLims]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

If you are a newbie then you must follow these basic principles.
First of all never invest big amount without starting with small.
If possible at first learn about the basics of trading.
After gaining enough confidence, choose the best coin.
Invest as much as you can afford to lose.
And most importantly learn from your investment mistakes.

[BuNga_cute]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

If you are a newbie then you must follow these basic principles.
First of all never invest big amount without starting with small.
If possible at first learn about the basics of trading.
After gaining enough confidence, choose the best coin.
Invest as much as you can afford to lose.
And most importantly learn from your investment mistakes.

Almost all the important things a newbie should do when starting crypto trading have you mentioned. So I'll just add a little, for newbies don't
rely on other people's signals in crypto trading. Because the signals given by other people are not necessarily accurate and what scares others is
just using newbies to make pump and dump. Always do your own research and analysis, no matter what must believe in ourselves in the crypto world.
Another thing, maybe as a newbie, don't be in a hurry to make a big profit, take a small profit first.

[kotajikikox]

Hello,
I've realised a lot of people have capital in their account to start investment in crypto currency but have no idea how to go about it.

if they have capital then why make it a hard issue when they can easily invest In bitcoin as starter investment?
because you used the word "They have capital" meaning they are ready to invest so why choose other option when bitcoin is the safest?
never dare chasing profit in altcoins when you still have no big knowledge in crypto , because only bitcoin is the safest of all.

[sherenikaw]

It's like an empty glass, we just need to fill it. if you want to trade make sure that we also have knowledge in it because trading without knowledge is just useless. trading will be risky for new people, therefore be more careful and also increase knowledge about trading. if you are not sure about it, it's better not to start trading because it will only make our minds blocked in it. so it does require confidence and also caution to be able to trade well, it is necessary to practice also so that we can learn to observe the market well.

[BitTraderCute]

You really indeed need capital if you want to start trading. It's not easy, trading is risky too and you can't guarantee a return, you may lose your initial capital for trading.
That's why before doing a trade, you should be prepare, learn the basics, risk management, and study more, so you will not end up getting rekt.

this preparation will safe our money from market shaking that often happen in crypto market now. withour good preparation in trading skills and money management ,its impossible for us to survive in market. Money or capital should be second number, as long as we have good trading skill our small capital could be huge if we prepare all of this.

It's like an empty glass, we just need to fill it. if you want to trade make sure that we also have knowledge in it because trading without knowledge is just useless. trading will be risky for new people, therefore be more careful and also increase knowledge about trading. if you are not sure about it, it's better not to start trading because it will only make our minds blocked in it. so it does require confidence and also caution to be able to trade well, it is necessary to practice also so that we can learn to observe the market well.

i do agree , we should not satisfied with our knowledge and skill. always act as empty glass so we could earn more knowledge from market. more knowledge we have bigger possibility for us to be success in crypto trading.