nhaila
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April 02, 2022, 09:51:22 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
If you are prepared for trading and have enough dollars to invest, you can opt for a Binance exchange for training. But I can give you a small amount to learn by doing demo account before trading.
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Silberman
Legendary
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Activity: 2632
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April 02, 2022, 10:11:41 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
Those are some of the most basic questions that you can ask as an investor or a trader, the fact that you have no idea at all tells me you are simply not ready to become part of any market regardless of the size of your capital, let me ask you a question, would you try to build a house without any knowledge related to it? I guess the answer is no, which begs the question, why are you willing to do this when it comes to trading? You will be wasting your capital by doing something like this.
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Rigon
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2022, 10:27:19 PM Last edit: April 02, 2022, 10:46:24 PM by Rigon |
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Binance exchange account is best for trading. There are different types of signals for you to understand. Futures Trading Spot Trading Margin Trading etc. in Binance Exchange Account The subject is very well given so you can easily understand. And since you are not very knowledgeable and experienced about your trading, you need to know better.
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Webetcoins
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April 03, 2022, 06:11:54 AM |
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Anything works, as far as you are trading with one of the top coins as for a start. And the top coins that I’m talking about are like Bitcoin, Ethereum, and you know the rest of them in the market. So, you can start with these ones as they are much a better choice and has a bigger market cap, and also higher trading volume on a daily.
As time goes on, when you have in depth knowledge on how trading and everything in the market works, you can then start to pick interest in other cryptocurrencies that would serve as an alternate choice to the one you already have. So, as for now do not just rush into all those smaller coins, start with the top ones and make your way through.
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JooBra
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April 04, 2022, 09:27:46 AM |
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Binance exchange account is best for trading. There are different types of signals for you to understand. Futures Trading Spot Trading Margin Trading etc. in Binance Exchange Account The subject is very well given so you can easily understand. And since you are not very knowledgeable and experienced about your trading, you need to know better. Have you tried trading anywhere other than Binance to claim that it is the best exchange for trading? On Binance, KYC is mandatory, there are often lags when there are large market movements and orders are difficult to place or cancel. I don't know if they fixed it or not, but it happened a lot last year. Binance does not have the best margin trading, and not the best commissions for placing an order or withdrawing funds from the exchange. So why is it the best for trading? Just because she's the most famous? Binance isnt the best for sure but we can say that is the safest exchange and that is the most important thing for me since I got burned couple of times on other exchanges.
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MFahad
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 04, 2022, 11:35:31 AM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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joeperry
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April 04, 2022, 12:54:31 PM |
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You can start with Binance, they offer a lot of coins you can choose from and most of them are thoroughly reviewed by the Binance but that doesn't guarantee that the coin wouldn't be a scam or won't be volatile (aside from stable coins) You can take a look at the top cap coins at https://coinmarketcap.com/ and start with those coins with smaller amount to test the waters.
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sana54210
Legendary
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April 04, 2022, 08:18:50 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here. The OP never mentioned anything about learning how to read the charts and I think it is very important that we let him know that he is meant to do that. Unless he has already done it earlier but if he hasn’t then it is important that he get to learn about it because it is really going to help him in day trading of cryptocurrency. I do not really see the possibility of being able to trade cryptocurrency if you don’t have any clue about technical analysis and other important things that you are meant to know. So, he should invest his time into doing all that so that he would be perfect before he starts trading.
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Lanatsa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 04, 2022, 08:54:02 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here. The OP never mentioned anything about learning how to read the charts and I think it is very important that we let him know that he is meant to do that. Unless he has already done it earlier but if he hasn’t then it is important that he get to learn about it because it is really going to help him in day trading of cryptocurrency. I do not really see the possibility of being able to trade cryptocurrency if you don’t have any clue about technical analysis and other important things that you are meant to know. So, he should invest his time into doing all that so that he would be perfect before he starts trading. Basing and reading up on what he said that he had been trading for a year which we do presume that he's already aware or known on how to make use of technical indicator which it is impossible that you wont really be using up these things for a years time which do make out some pure guesses? Its impossible if you do ask me thats why its likely he's already that knowledgeable but he's not that contented on his performance or outcome after a year of trading and now he's been asking out into the public on where he should start or maybe he's been holding his funds in binance for a year now? Its not been clarified.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Kelvinid
Sr. Member
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win lambo...
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April 04, 2022, 10:07:28 PM |
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Well, OP. there is a guide that could help understand how to use Binance exchanges. I encourage you to take that seriously and focus on learning first before an experiment. After you've got a clear idea, I guess that was the time to move for actual trading and this is the time you could learn more and build up your decision making. You can start with Binance, they offer a lot of coins you can choose from and most of them are thoroughly reviewed by the Binance but that doesn't guarantee that the coin wouldn't be a scam or won't be volatile (aside from stable coins) You can take a look at the top cap coins at https://coinmarketcap.com/ and start with those coins with smaller amount to test the waters. That really matters upon trading. Looking at the CMC gives him insights into what coins should have been used for trading coz this will affect the results. Likely, we can't even be sure if our strategies really working.
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Benefactor
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April 05, 2022, 03:21:42 AM |
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There shouldn't delisting very soon that coin you will pick. Any other way, you will lose everything. So the main part picking the right exchanging pair. Anyway there are cases that alts are solid because of their interest and idea which I think even btc is down you could say they could remain all alone.
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monineklutak
Sr. Member
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The OGz Club
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April 05, 2022, 04:20:57 AM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here. Maybe for beginners it is better to learn and improve knowledge and skills in trading, trying to do scalping I think it is a good decision and the risk is also not too big like margin trading, what is certain is that trading is not easy and there will definitely be risks so continue to learn everything and seek experience
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MinMan
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April 05, 2022, 08:46:29 AM |
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Finding a really good coin to invest in the cryptocurrency market is not much of a big deal unless you are one of those people who usually want to make up to 100 times profit within a short time.
I usually see some people who would be looking for new crypto-currency projects that they will invest their money in because they believe that within a short time that these coins can go about 100 times increase in price and that would fetch them more profit than investing in the bigger cryptocurrencies like bitcoin and ethereum. Advice would be that you should stay away from such rather go for the top coins in the market and start investing and trading in them. that would be a better choice for you now.
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Silberman
Legendary
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April 06, 2022, 08:56:25 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here. The OP never mentioned anything about learning how to read the charts and I think it is very important that we let him know that he is meant to do that. Unless he has already done it earlier but if he hasn’t then it is important that he get to learn about it because it is really going to help him in day trading of cryptocurrency. I do not really see the possibility of being able to trade cryptocurrency if you don’t have any clue about technical analysis and other important things that you are meant to know. So, he should invest his time into doing all that so that he would be perfect before he starts trading. Trading the markets without knowing anything about TA is a terrible idea, I could understand if an investor did something like this as instead they look at the fundamentals of the asset they want to buy, and if they like what they are seeing they can just buy the asset and hold it for the long term, but if you are to trade any market then a deep knowledge about TA is necessary, otherwise how are you going to know when it is a good moment to sell or to buy without it?
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milewilda
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April 06, 2022, 10:49:17 PM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
As you mentioned you are new so l recommend stay away from futres,margin trading as they are risky. Spot trading is better choice. You can do scalping but before this first Learn reading charts especially DCA. I believe that it will help you in day trading and you will start a good experience here. The OP never mentioned anything about learning how to read the charts and I think it is very important that we let him know that he is meant to do that. Unless he has already done it earlier but if he hasn’t then it is important that he get to learn about it because it is really going to help him in day trading of cryptocurrency. I do not really see the possibility of being able to trade cryptocurrency if you don’t have any clue about technical analysis and other important things that you are meant to know. So, he should invest his time into doing all that so that he would be perfect before he starts trading. Trading the markets without knowing anything about TA is a terrible idea, I could understand if an investor did something like this as instead they look at the fundamentals of the asset they want to buy, and if they like what they are seeing they can just buy the asset and hold it for the long term, but if you are to trade any market then a deep knowledge about TA is necessary, otherwise how are you going to know when it is a good moment to sell or to buy without it? Having no knowledge about technical analysis is something like that you are in a war without having any guns to use which would simply denotes that you are making yourself get killed just like here on this market if you came here unprepared then you would be finding yourself in big trouble or simply blowing up your capital in almost instant or shortest time as possible thats why its important that you do at least know on how to learn and make use of these indicators on which you do at least aware on what you should gonna do and not just make out some random and gut feeling kind of decision making.
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Lordhermes
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April 07, 2022, 10:15:39 PM |
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One of the best Exchange to trade on is Binance. Although they have few coins there unlike other exchanges that would blow your portfolio with shitcoins. They gather as much shitcoins as possible, and Alot of traders like purchasing shitcoins with their last funds all in the fact that it would pumped. The best exchange to trade currently is Binance, because coins are hardly listed there, before it is Listed there, it must have gained enough popularity and high market value. Coins don't just get listed on Binance. Like the over hype memecoin, BabyDoge. Till now, it's not yet listed on Binance, to show you how accurate it is, the exchange is trying their possible best eradicate scammed tokens. I would urged you to go for coins like Shib, Doge, Rose. These coins are dipping currently, now is a good time to bagged them.
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viananda2525
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April 07, 2022, 10:43:17 PM |
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One of the best Exchange to trade on is Binance. Although they have few coins there unlike other exchanges that would blow your portfolio with shitcoins.
no one doubt, binance still be best crypto exchange in market today, huge daily trading volume be main interested thing that attract traders using binance. beside of this, majority coin in binance have good quality which is filtered strictly by binance team so shitcoin have low possibility to get there. The best exchange to trade currently is Binance, because coins are hardly listed there, before it is Listed there, it must have gained enough popularity and high market value.
when a project could bring their token listing in binance, hype and fomo will occur and attract traders to buy it before listing. alot opportunity while we buy it before come to binance. traders will speculate on fomo and taking proft when it listed.
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Fatunad
Sr. Member
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PredX - AI-Powered Prediction Market
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April 08, 2022, 12:22:52 AM |
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One of the best Exchange to trade on is Binance. Although they have few coins there unlike other exchanges that would blow your portfolio with shitcoins. They gather as much shitcoins as possible, and Alot of traders like purchasing shitcoins with their last funds all in the fact that it would pumped. The best exchange to trade currently is Binance, because coins are hardly listed there, before it is Listed there, it must have gained enough popularity and high market value. Coins don't just get listed on Binance. Like the over hype memecoin, BabyDoge. Till now, it's not yet listed on Binance, to show you how accurate it is, the exchange is trying their possible best eradicate scammed tokens. I would urged you to go for coins like Shib, Doge, Rose. These coins are dipping currently, now is a good time to bagged them.
One of the most common target of project owners is getting listed itself into binance but we know that not all coins listed on Binance are good but somewhat its been filtered out and much better compared into most coins or projects in the market which you could not really blame out people not to think about this way.Speaking of dip and correction then you should know on when to make out some action or to accumulate but of course with the bearish sentiment or emotion on the market then you would be always having those doubts and fears anytime you do make out decision.
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newdevices
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April 08, 2022, 08:01:02 AM |
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I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?
one of the coins on Binance that is still cheap in my opinion is AMP, yes indeed AMP was just listed on Binance a few months ago, of course AMP is not just any project, but a very good project, don't be afraid to buy AMP at the current price, when This AMP price is only $0.025, a very cheap price in my opinion, just Hold for long time, im sure you will be profit maybe 10x.
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Silberman
Legendary
Offline
Activity: 2632
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April 10, 2022, 07:58:23 PM |
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Trading the markets without knowing anything about TA is a terrible idea, I could understand if an investor did something like this as instead they look at the fundamentals of the asset they want to buy, and if they like what they are seeing they can just buy the asset and hold it for the long term, but if you are to trade any market then a deep knowledge about TA is necessary, otherwise how are you going to know when it is a good moment to sell or to buy without it?
Having no knowledge about technical analysis is something like that you are in a war without having any guns to use which would simply denotes that you are making yourself get killed just like here on this market if you came here unprepared then you would be finding yourself in big trouble or simply blowing up your capital in almost instant or shortest time as possible thats why its important that you do at least know on how to learn and make use of these indicators on which you do at least aware on what you should gonna do and not just make out some random and gut feeling kind of decision making. And unfortunately this is something that we see in the market with a frightening frequency, newbies come to this market thinking on the money they can make, and while there is nothing wrong with that as some level of ambition and greed is necessary to succeed, the problem is they want to achieve that success without doing any effort whatsoever which could get them the success they are looking for, which is sad as trading without any knowledge about TA is the same as just giving your money away to the whales.
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