Beginner trader - page 3. | Bitcointalksearch.org

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: Soots on August 28, 2017, 11:53:43 PM

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

for me bro s many coins to trade but you need to research first if is good to invest that coin or chart reading you can do short trade so can get some small profit. check on coinmarket capt to get full listed of top coins to trade.

Doing research before trading is the best move to make if you are just a newbie trader because it will help you to get all the basic information that you want to clarify things and to know if the coin is a good coin to put some money or not. When i was a newbie trader, all i do is research and i can say that it is very effective and it helped me to make trading profitable.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

for me bro s many coins to trade but you need to research first if is good to invest that coin or chart reading you can do short trade so can get some small profit. check on coinmarket capt to get full listed of top coins to trade.

Dart315

member

Activity: 122

Merit: 12

Quote from: stomachgrowls on August 24, 2017, 07:15:26 AM

Quote from: xFiber on August 24, 2017, 07:07:50 AM

So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.

Its not actually a wise recommendation but somehow do have a caution since you are right market nowadays is wild but i can say that its wild since on its first days knowing all coins are volatile and if someone decided to engage on trading on the very first time then it isnt bad since he can anytime to make trades on demo without risking money which is really a good way to train yourself along with self learnings because all of informations are all in the internet actually.

Agreed, be prepared but I say — trade!

Best opportunity to enter the market is now. I started in july, made 50% in one month. OP, Good luck and have fun!

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

Quote from: gilabusuk1 on August 26, 2017, 03:53:49 AM

Quote from: asyakashi on August 25, 2017, 07:19:44 PM

Quote from: ironmanTR on August 25, 2017, 05:45:27 PM

I think poloniex has the best UI for the beginner. It is easy to understand what is going on. After having some experience you can try other exchanges like bittrex.

For beginners, I recommend using Bittrex. Poloniex is too dangerous. Some people have left the polniex and it is very disappointing. The best place is bittrex, there you are more relaxed and calm. The movement of coins is very easy to read.

How do you think if bittrex is compared to hitbtc, who is better ..?
I have not tried bittrex and for me its still a beginner i chose to use hitbtc because i think hitbtc is easy to use

HitBTC is safe, but I have a bad experience. I am sending ETH to another wallet until now unconfirmed.
I am not alone, after I see in this case forum many happen to other traders. So far I'm still waiting for my coins back. Better bittrex.

stepwilli

sr. member

Activity: 1041

Merit: 273

Quote from: Svelto on August 25, 2017, 04:33:55 AM

IMO. Poloniex and Bittrex are simple to use for new trader. I suggest you do research and watch the market for sometimes before starting to trade.

Bittrex is amazing for the newcomers in trade. Reason is the better interactive environment they gives to clients. The easy operating of business in there. Newbies could be panic to see some huge complications at once in start so Bittrex is better to make you feel easy with that. But still before getting into exchangers, you must learn how to trade and if and buts of it too.

Fredomago

legendary

Activity: 2996

Merit: 1054

Leading Crypto Sports Betting & Casino Platform

Quote from: Savemore on August 28, 2017, 07:16:42 AM

Quote from: xFiber on August 24, 2017, 07:07:50 AM

So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.

Yeah I agree to you. You must not go and trade immediately because you are still newbie in trading. I agree to you that the best way that all the newbie can do is make a research first about trading.

we should listen in anyhow since exchange is a big place for such a newcomers and a lots opportunist are there waiting to take advantage of someone's
money the market is so wild we really cant predict even the pro's are still unsure what will the market brings them.

filharvey

hero member

Activity: 866

Merit: 1001

I have used Poloniex and Bittrex exchanges.Both are legit and are user friendly.Poloniex is a very big exchange.If you need access to more newly released coins,then you can try Bittrex as new coins are listed there in large numbers.More over,withdrawal fee is also just 0.0001 btc in poloniex unlike other exchanges.I think is not recommendable as it is said that it lists mostly scam coins.

Savemore

sr. member

Activity: 952

Merit: 274

Quote from: xFiber on August 24, 2017, 07:07:50 AM

So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.

Yeah I agree to you. You must not go and trade immediately because you are still newbie in trading. I agree to you that the best way that all the newbie can do is make a research first about trading.

deadsilent

hero member

Activity: 1148

Merit: 500

You should try a user friendly interface like Bittrex or Poloniex because some exchanges are not user friendly and causes confusion to traders who just starting on this field. Yobit is a bit complicated. So i don't recommend Yobit to use. There's too much shitcoins on that exchange. Poloniex is good since the available altcoins there are quality coins. Which means the chances of profit is good.

Hamphser

sr. member

Activity: 2534

Merit: 332

Vave.com - Crypto Casino

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

You can try out on practicing on Yobit.net since they do have lots of cheap coins which only cost 1-2 digit satoshis but better be wise on selecting on coins because most coins on that place are being dumped hard already and might not to pump again. This is the place i can think off since there are lots of choices of coins and also you can try out on c-cex too.

bluefirecorp

legendary

Activity: 882

Merit: 1000

Quote from: smile1218 on August 25, 2017, 08:00:38 PM

I can recommend you Bittrex so far so good. I am using it since i started my trading with a small amount you could actually start trading and investing.

If you are just making decision for the best exchanger as beginner, I would surely suggest you Bittrex. It is quite amazing to experience it as newcomer in trading. You would be getting all the useful information clearly explained to you, better interaction you can make with other traders and bitcoins.

weblouartisan

full member

Activity: 448

Merit: 100

Lets Go Adab

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

First of all i encourage you to join signature campaigns because its the best way of earning bitcoins rather than jumping into trading and its very risky. Next thing is that if your'e really into trading then start searching about crypto-currency learn the terminologies like pumping and dumping then start looking for the charts. Then try to read other thread here so you will learn from experience of other traders.

Victorycoin

hero member

Activity: 1134

Merit: 517

Quote from: ibuddy122505 on August 24, 2017, 12:04:45 PM

Bittrex will be the best. Always try to choose a good coin (NEO, WAVE) and Hold it at least 6-12 months, as patience is required in crypto trading. You may use the following tips:
Tip 1. Never invest everything at one go. Do it in 3-4 parts.
Tip 2: Crypto is volatile. Even 60 percent fall should not bother.

I think a much better and safer way to trade altcoins would be to rule out all those below the first 10 most capitalized coins. That would ensue the availability of enough liquidity, which is something the market requires to be flexible and profitable. That said, then the right coin(s) to buy any day would be any of the above 10 altcoins, whose price have fallen by no less than 10% in preceding days. Simply buy and Hodl, things get better from there!

A safer approach would be to buy perhaps half or one-third quantity of the coin(s) and await further drop in price to buy more.

olushakes

sr. member

Activity: 476

Merit: 254

Quote from: xFiber on August 24, 2017, 07:07:50 AM

So the best advice that I can give to you right now is not to trade. The markets are wild these days and you can get rekt if you make 1 bad decision. The best thing yo u can do getting started is just to do research, buy and hold. Holding on to investments can be a lot more profitable down the road. The best thing is to just forget about it and harvest profits later.

No one could have said it any better because a jump in into trading will come with bad experience without having to learn a lot first. With all my number of days that I have been on the forum and still reading, I have still unable to sum up courage to go fully into trading simply because of the fact that I still feel there is still a lot to learn in this ever dynamic industry which is not any where ending on that.

GrayFullbuster

full member

Activity: 658

Merit: 103

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

Trading is very risky. Think before you click. You are a beginner so there is a big possibilities that you will lose your money to the trading because I know that you still have not enough knowledge about trading.

majeed

sr. member

Activity: 526

Merit: 253

Damn

bittrex or liqui. Both of them are very good for new traders. However, I think you need to learn something first before choosing the bitcoin exchange. There are many things need to learn when you join the trading world. It is not easy as you think Wink

ewonardo

sr. member

Activity: 616

Merit: 250

Quote from: franss on August 26, 2017, 12:04:55 PM

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

maybe you can trade at bittrex, polo, crytopia,novaexchange etc but But among the mentioned bittrex and poloniex is a good choice

Correct. polo and bittrex are the most recommended exchanges for trading altcoins. And not just for newbie, the crypto holders in huge amount are trading inside. which is a consideration of them is because transactions occur very high compared to other exchanges.

DevilSlayer

sr. member

Activity: 1428

Merit: 358

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

I think before you invest you buy different altcoins is make a research first to the trading. You are the one who will find out what is the best altcoin to buy. Having a lot of knowledge is really helpful.

franss

sr. member

Activity: 448

Merit: 250

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

maybe you can trade at bittrex, polo, crytopia,novaexchange etc but But among the mentioned bittrex and poloniex is a good choice

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: miyong on August 24, 2017, 08:19:55 PM

This are the qualities that i really need before i proceed with my plan of investment. As a trader, you need a budget and skills to manage your investment.

Quote from: TheGodFather on August 24, 2017, 07:51:50 PM

Quote from: Orelek23 on August 24, 2017, 07:01:27 AM

Which coins exchange is the best choice for begginer trader??

Everything is good . As long as you have the money or the budget everything will be good and everything will be okay for you. You just need to research for it first or need to watch it on youtube first before investing. Thats why people are being losin their money because they doesnt research for it first.

Yes skills and knowledge are very important for trading and if you want to make money with trading then you have to be expert. Well you said budget is also important but I think budget is not that much important, all you need is a sufficient amount of bitcoin that you can easily be recover when you loss, do not put all you bitcoin in trading, I could result in worse. But if those are more expert in trading it depend on them to put all or not.

Topic: Beginner trader - page 3. (Read 3106 times)