Experience is very important in trading. Basically you have to master the market, and there are few things you might know without your own experience.
It's not always simple just to transfer your coins and many other things before trading.
Topic: Basic Trading (Read 161 times)
What an absolute shit post. What "companion above" gave us a reference? God this section is deteriorating.
Essentially, before bouncing into exchanging you should first do your exploration about the framework. Our companion above gave you a reference, so you should look at it. Furthemore, when you have chosen to begin exchanging, get a vibe of it first. Contribute just what you can bear to lose the same number of would state. This resembles a cardinal control in exchanging. It is astute to tail it for you to reduce the edge of hazard. Bounches of fortunes to you on the off chance that you would seek after an exchanging profession.
This is definitely right you need to learn all the basics about the trading such as basic technical analysis about trend lines. support and resistance, higher high and lower low and many more, then in fundamental analysis you need to learn how to examine the instrinct value, how you read/monitor economics or financal world, etc. this thing will really help you and can minimize you losses in trading. This is a must for everyone who wants to start trading.
Dasar-dasar itu perlu saat melakukan tranding tapi butuh waktu yang lama untuk melakukan tranding dan juga butuh pengalaman yang sangat luas untuk melakukan sebuah tranding. Kita harus selalu memantau setiap saat harga coin di pasaran dan kita harus pinter-pinter membeli coin dengan harga yang kecil namun saat dijual harganya melambung tinggi.
Basic Fundamentals for trading is very important. You should consider this. I will give a basic techniques for you. First you should trade a currency that has a low value but has the potential to make a double or triple value in the future. Don't be a panic seller. That means, never sell off your coins at a very low price.
This strategy is very easy to say, but difficult to do. It takes several years to control your emotions and become a professional trader.I heard it a lot in various threads. everyone says nonsense about trade.
Try to just kept trading a coin that had good volume but cheap like XRP. All you might just need is $300 and buy just about 200XRP upon the dip of price, sell when it goes up for about 20%, wait till it dip again, keep doing this and you should be learning what will happen, you may see the price not dipping anymore so you will be forced to buy back at a higher price but consider it a game.
I lost more than 3K actually before learning to just play with the cheaper coins. This is just my experience some may have different.
I lost more than 3K actually before learning to just play with the cheaper coins. This is just my experience some may have different.
So you advice is learning by doing it with small amounts. But I would also like to understand the graphics and the signals that are available like the Fibonacci and others...
Basic Fundamentals for trading is very important. You should consider this. I will give a basic techniques for you. First you should trade a currency that has a low value but has the potential to make a double or triple value in the future. Don't be a panic seller. That means, never sell off your coins at a very low price.
Yes it is necessary to know basics before getting into the trading.
exactly because I think trading is not an easy thing to do. we should be able to know the nature of the nature of the coin that we will buy and if we do not have that knowledge we should not trade first if we are afraid to lose our funds. Essentially, before bouncing into exchanging you should first do your exploration about the framework. Our companion above gave you a reference, so you should look at it. Furthemore, when you have chosen to begin exchanging, get a vibe of it first. Contribute just what you can bear to lose the same number of would state. This resembles a cardinal control in exchanging. It is astute to tail it for you to reduce the edge of hazard. Bounches of fortunes to you on the off chance that you would seek after an exchanging profession.
Experience is very important in trading. There are little stuff that you can possibly know without your own experience.
It's not always simple just to transfer your coins and many other things before trading.
It's not always simple just to transfer your coins and many other things before trading.
It seems to me that knowledge of the basics is not enough for successful trading. Trading is a job. Hard, exhausting work that requires all of you. If you dedicate not enough time to the trading then it is unlikely you will be successful. IMHO
thank you for the reference you gave, it is very helpful
When you start trading in this market invest a small amount to experience and understand this market, it is not as simple as you think. You need to invest serious time to learn and capture this market. Once you understand the market's volatility invest more.
Try to just kept trading a coin that had good volume but cheap like XRP. All you might just need is $300 and buy just about 200XRP upon the dip of price, sell when it goes up for about 20%, wait till it dip again, keep doing this and you should be learning what will happen, you may see the price not dipping anymore so you will be forced to buy back at a higher price but consider it a game.
I lost more than 3K actually before learning to just play with the cheaper coins. This is just my experience some may have different.
I lost more than 3K actually before learning to just play with the cheaper coins. This is just my experience some may have different.
Yes it is necessary to know basics before getting into the trading.
Essentially, before bouncing into exchanging you should first do your exploration about the framework. Our companion above gave you a reference, so you should look at it. Furthemore, when you have chosen to begin exchanging, get a vibe of it first. Contribute just what you can bear to lose the same number of would state. This resembles a cardinal control in exchanging. It is astute to tail it for you to reduce the edge of hazard. Bounches of fortunes to you on the off chance that you would seek after an exchanging profession.
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