Any tips im new in trading - page 2.

MWesterweele

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Quote from: Script3d on July 31, 2016, 05:46:05 AM

any tips there guys im new in trading

Tips is read some good discussion here in forum some good advices on how you will start trading in short tearm only to gain some experience and then if you gain and learned then you can start trading with big moneys

Quote

edit: also best altcoin to invest

best alt coin for me to invest is ico's you can also choose what icos you are going to invest your money visit the marketplace (altcoin) and find what your gut's thinks that you can make some good money.

zero1ten

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There are a lot of training tutorials on youtube regarding trading you can watch but nowadays speculative trading is almost like gambling unless some big news or economic performance updates that will drastically affects the prices, so I usually check the market news sites and economic calendars to have the feel where the prices are going and then decides to trade accordingly.

Dudeperfect

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Quote from: Arrakeen on November 14, 2016, 06:30:51 PM

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

This is great piece of advice I ever learned from warren buffet and I couldn’t resist myself from quoting it here.

Warren buffet says,

Be fearful when others are greedy and greedy when others are fearful.

I have got good results most of the times and I can vouch that this advice really works.

clickerz

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Quote from: xSkylarx on November 18, 2016, 11:58:16 PM

Just don't buy shitcoins or scam/fake coins. Don't ever listen to troll box if that exchange have it. Always buy low and sell high. Study first about the coin that you are going to buy, read at its forum, its coin supply, roadmaps to make sure that the coin you are going to buy is worth investing.

All of suggestion is correct, but for first suggestion how can you detect that it is a shitcoin? Well check the coins ANN thread if they have an active community,raed some feedback. Read the roadmap and projects. Also the Buy Low Sell High is common and basic in tading. But how about after you buy, the price dive to very low and it seems its already dead,no update from develops and sometimes wallet is in maintenance? Sometimes its always to be vigilant.

housebtc

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Quote from: The Sceptical Chymist on November 19, 2016, 07:45:46 PM

I see this thread was started back in July. I'm interested to hear how OP made out with trading, if he actually did any. My take is that most users who come on here to ask for this kind of advice are sheep just lining up to be shorn. Or turned into chops. Altcoin trading is a bunch of fake coins being bought and sold between a bunch of people playing musical chairs. It's farcical.

I think I will agree with you, feedback on his trading investment will be welcome especially if he is successful in his trade,and such will help new people coming into the forum and if the strategy failed it will be reviewed just to prevent more people making the same kind of mistakes. I know there is no 100% guarantee strategy but certainly feedback will help

ardentvolcanoes

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Quote from: Script3d on July 31, 2016, 05:46:05 AM

any tips there guys im new in trading

edit: also best altcoin to invest

try to read some article regarding trading/alt coin trading you should learn a lot of things about it as alt coin trading is very risky because cannot totally predict its price movements whether it will be pumped or dumped i don't know what will be the best alt coin to invest but try to find an active alt coin to invest or check it if there are many people who are buying that certain alt coin just an opinion.

Quote from: jeanvandame on July 31, 2016, 09:51:31 PM

don't trust anybody, that is my mistake to believe people who said to hold my coins , after i hold my coins he dumped his coins and i'm not sell mine yet

it feels like i have been a victim of this same tactics and i have been on the same situation where i bought an alt coin and then she sold hers. Grin

The Sceptical Chymist

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I see this thread was started back in July. I'm interested to hear how OP made out with trading, if he actually did any. My take is that most users who come on here to ask for this kind of advice are sheep just lining up to be shorn. Or turned into chops. Altcoin trading is a bunch of fake coins being bought and sold between a bunch of people playing musical chairs. It's farcical.

wheelz1200

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Dont expect massive returns, get out with a small win and be happy, otherwise you will be the "bagholder". And never listen to someone who has a "guanteed winner" (its sure to be the guaranteed loser). Dont trade with all your btc either, only small amounts, because trading alts is a bloodbath.

Zadicar

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Quote from: el kaka22 on November 16, 2016, 07:18:11 AM

Quote from: katrimans on November 15, 2016, 04:00:28 AM

We must always check the reliability of the resource from which we are getting trading calls.
Usually the free tips will not work effectively as far as I have experienced. We must only trade based on paid calls or from highly reputed resources/people. In troll box, usually people shout out only for their own benefits not definitely for your benefits.

This must be true and an useful tip because I have many experience of faced losses with the free trading calls.
Usually we must start trading based on others prediction only with paper trading. The mock trading will ensure the effectiveness of their predictions. Once we conclude that they are good with their predictions, we can start using them in our live trading.

Listening always on the trollbox will surely wreck you up on your tradings. You are right this is a useful tip especially for those newbies out there because i do this mistake too when i was a newbie because i do listen on those fake hypes building on the troll box which i do follow it and bought the said coins but in the end i do realize that its just a wrong move.

kidsrock

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i will suggest you to trading altcoin which have small price like under 200 satoshi and this is what i do because i don't have much bitcoin to buy the middle price. but i can not give suggest about the best altcoin to invest because i don't know about this and i am too afraid to hold altcoin too long and it can makes me loss.

sempak

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never hurry to make purchases and sales of existing bitcoin have. make sure that when you sell your bitcoin can earn a profit margin on buying price the previous bitcoin. it will determine whether you will lose or gain.

xSkylarx

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Just don't buy shitcoins or scam/fake coins. Don't ever listen to troll box if that exchange have it. Always buy low and sell high. Study first about the coin that you are going to buy, read at its forum, its coin supply, roadmaps to make sure that the coin you are going to buy is worth investing.

el kaka22

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Quote from: katrimans on November 15, 2016, 04:00:28 AM

We must always check the reliability of the resource from which we are getting trading calls.
Usually the free tips will not work effectively as far as I have experienced. We must only trade based on paid calls or from highly reputed resources/people. In troll box, usually people shout out only for their own benefits not definitely for your benefits.

This must be true and an useful tip because I have many experience of faced losses with the free trading calls.
Usually we must start trading based on others prediction only with paper trading. The mock trading will ensure the effectiveness of their predictions. Once we conclude that they are good with their predictions, we can start using them in our live trading.

serjent05

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Quote from: Arrakeen on November 14, 2016, 06:30:51 PM

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

Mostly this scene always repeat itself in troll boxes. Anywhere you go, each exchanges if there is a troll box will tell you otherwise. Meaning, people who yell about price increase , buy and hold will more likely to be the first one to dump the coins once he see people starts to take the bait. So my say here is do a research and confirm the information.

katrimans

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Quote from: JeffBrad12 on November 14, 2016, 08:27:50 PM

Quote from: Arrakeen on November 14, 2016, 06:30:51 PM

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

Are you ever think? If not all of the people in the troll box was making a real troll for a newbie.
It may difficult for newbies filtering the pure suggestion and a troll.

We must always check the reliability of the resource from which we are getting trading calls.
Usually the free tips will not work effectively as far as I have experienced. We must only trade based on paid calls or from highly reputed resources/people. In troll box, usually people shout out only for their own benefits not definitely for your benefits.

JeffBrad12

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Quote from: Arrakeen on November 14, 2016, 06:30:51 PM

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

Are you ever think? If not all of the people in the troll box was making a real troll for a newbie.
It may difficult for newbies filtering the pure suggestion and a troll.

Arrakeen

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Offer escrow, receive negative trust

If you're holding a coin, let's say litecoin - and everyone in the trollbox/chatbox is shouting "Buy litecoin!".......you should probably sell your litecoin.

Never listen to the trolls - usually posting opposite information to dump their own bags (or the opposite)

john2231

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Quote from: CODE200 on November 14, 2016, 05:56:28 PM

If the coin is pumping just sell your coin and if the coin is dumping just buy a coin that is the simplest way to earn in trading. And don't trust a new coin because it might be a scam coin. And The most important is to have a team to control the market value, the dumping and pumping you must have a te of traders for fast income

You have a good idea honestly i do not invest in new coin instead for safety purposes i choose old coins like litecoin monero or almost top 20 in coinmarket cap.. those altcoin is more safe or less risk to invest than the other altcoin and it gives me good profit but it takes a long time before you can make a good profit.

CODE200

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If the coin is pumping just sell your coin and if the coin is dumping just buy a coin that is the simplest way to earn in trading. And don't trust a new coin because it might be a scam coin. And The most important is to have a team to control the market value, the dumping and pumping you must have a te of traders for fast income

yakdivine

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Quote from: Script3d on July 31, 2016, 05:46:05 AM

any tips there guys im new in trading

edit: also best altcoin to invest

this is what you should know about bitcoin or altcoin investment and trading.An investment in Bitcoin is a long-term undertaking, often with multiple goals such as portfolio diversification, fiat risk hedging, business or ideological objectives, etc. Bitcoin investors are generally insensitive to price volatility and unlikely to exit their positions, barring some dire eventuality.

By contrast, most Bitcoin traders maintain only short-term positions, staying in a trade for a maximum of a few months - but often for no more than a few hours. Bitcoin traders are also extremely price-sensitive, striving for perfect entry and exit prices and abandoning their positions immediately if they prove unprofitable

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