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Topic: Beginner Trader - page 3. (Read 1703 times)

hero member
Activity: 2016
Merit: 540
Leading Crypto Sports Betting & Casino Platform
October 25, 2019, 02:14:22 PM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.
Everything that you mentioned are important for trading but I think the most important thing in trading is knowledge if you will have knowledge so you will be able to invest your money in good coin and you will be able to trade profitably. Choosing a good coin is an important step and after that beginners should trade for the long term only.
One should have sound knowledge of the coins he aspire to invest into. He shall be aware of upcoming market events to make right decisions. Trading is since a hectic job and it needs you to stay alert all the time, new traders are highly recommended to regularly visit famous websites that portray all important market events such cointelegarph, coinnews etc.
sr. member
Activity: 1236
Merit: 252
October 24, 2019, 03:56:25 PM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.
Everything that you mentioned are important for trading but I think the most important thing in trading is knowledge if you will have knowledge so you will be able to invest your money in good coin and you will be able to trade profitably. Choosing a good coin is an important step and after that beginners should trade for the long term only.
sr. member
Activity: 1414
Merit: 260
October 23, 2019, 10:26:22 PM
Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
That's exchange it was new for me i did not heard about the exchange you mention. As trader must better to choose those popular exchange that can see or can search in google. If you think can see some negative feedback or any comments about that must better to forget it, We need positive feedback from exchange that we want to trade our coins we have.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
October 23, 2019, 07:56:40 PM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.
If you really want to learn trading, make an effort. Research and study more on trading practices and its proven good strategies. Learn from it by experiencing real trading. Do not be discouraged easily if you commit mistakes and have failed in your first time trading. Failure is a part of trading and always take it as a challenge to make better in your next trading performance.
Well, this is the fact that they should know as a beginner of trading. Well, I think that's the trading site is not familiar. You must need to have some research first and look for those trusted sites where you can be able to earn and don't invest quickly on the site that has many negative reviews so that you won't lose huge amount of money. Most especially, don't leave money on exchange and holding their, because that is not safe also. You don't know when they are going to stop and once you are not holding your private key it means the coins you have been storing are not yours.
member
Activity: 168
Merit: 10
October 23, 2019, 02:30:10 PM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If someone is really new on bitcoin or crypto trading.
I would suggest to train their mental with demo account which already exist in many exchanges.
Demo account will give you capital for start trading, but that's just virtual and you cannot withdraw it to real money.

Right, that's a good suggestion to create a demo account on the exchange that will train beginners as traders, sometimes training mentally is the most difficult, if people who are emotional continue to want to trade there is a real risk is always there, so for beginners patience must be in themselves her.
The best place to start learning about cryptocurrency trading is YouTube. On YouTube to can get a lot of free cryptocurrency trading tutorials. After you learn the basics then you move on to the intermediate trading courses - these are mostly premium courses on sites like Udemy or Skillshare. You need to learn much as you can. Warren Buffett says, the more you learn the more you earn. 
sr. member
Activity: 1218
Merit: 251
October 23, 2019, 01:28:03 PM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If someone is really new on bitcoin or crypto trading.
I would suggest to train their mental with demo account which already exist in many exchanges.
Demo account will give you capital for start trading, but that's just virtual and you cannot withdraw it to real money.

Right, that's a good suggestion to create a demo account on the exchange that will train beginners as traders, sometimes training mentally is the most difficult, if people who are emotional continue to want to trade there is a real risk is always there, so for beginners patience must be in themselves her.
sr. member
Activity: 938
Merit: 256
October 23, 2019, 11:10:15 AM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.

If someone is really new on bitcoin or crypto trading.
I would suggest to train their mental with demo account which already exist in many exchanges.
Demo account will give you capital for start trading, but that's just virtual and you cannot withdraw it to real money.
sr. member
Activity: 1218
Merit: 251
October 23, 2019, 03:10:42 AM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.

Call it Binance, Huobi, Digifinex and Bittrex it is one of the top exchanges identified by Coinmarketcap, as for beginners, do not trade too big it will be risky and better with capital of $ 100-150 it is enough while learning to trade in popular exchanges.
sr. member
Activity: 994
Merit: 260
October 23, 2019, 01:41:19 AM
I would advise you to choose 2-3 of the top cryptocurrency exchanges according to the site Coinmarketcap.com . In this way you will diversify your risks and be able to trade on exchanges with the highest liquidity. These exchanges have already been tested by time and most users like the functionality of these exchanges.
sr. member
Activity: 1176
Merit: 252
October 23, 2019, 01:20:26 AM
Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
I do not know about trade and investment in tradenix.io. because tradeix.io unregulation many on site review say potentially scam, for truth scam or not I do not know. If you are looking for a trading platform I recommend binance.
for education about trading, you can search for information on the internet or you can read the basics here.
in this case we are required to always melt the right information to sell and buy the assets we want at the right time. at this time, there are enough trading sites available, you can try from one of the recommendation sites in this thread.
hero member
Activity: 1694
Merit: 691
Leading Crypto Sports Betting & Casino Platform
October 23, 2019, 01:06:23 AM
For novice traders I think you should be able to learn more about how to buy and sell coins at the right place of exchange and you should be able to understand price movements and wallet differences in each coin, lest you send coins with the wrong wallet and cannot see the condition of the movement of the graph in the exchange.

That is easy, I mean buying and selling coins is easy, the part that they need to understand and study is the part where they are going deeper, analyzing when will be the right time to buy and sell, predicting the unpredictable and making impossible things into possible will surely make them profits maker in the Trading industry, the most common mistakes that the young ones are making is rushing to the peak and ignoring the basic stuffs to be their strength in their journey.
Most of the new entrants into this market do not have much experience in trading and will often encounter big problems in investing. I think you should not rush to invest because this is not a place where you can make a good profit. According to the latest statistics, 75% of new investors entering this market tend to lose more money and the psychology of those investors will often be very bad.

Based on my practical experience, it is best to spend $100 to try trading in this market and If you feel that it is not suitable, don't invest.
$100 worth of experience. I think it is logic value to learn about trading. As long people use money that are free, i mean not used to fulfill their daily needs. At least they will feel how is real trading and i know it is different with trading in demo account.
sr. member
Activity: 1274
Merit: 252
October 22, 2019, 11:07:43 PM
Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?
I do not know about trade and investment in tradenix.io. because tradeix.io unregulation many on site review say potentially scam, for truth scam or not I do not know. If you are looking for a trading platform I recommend binance.
hero member
Activity: 1778
Merit: 504
WorkAsPro
October 22, 2019, 09:29:24 PM
For novice traders I think you should be able to learn more about how to buy and sell coins at the right place of exchange and you should be able to understand price movements and wallet differences in each coin, lest you send coins with the wrong wallet and cannot see the condition of the movement of the graph in the exchange.

That is easy, I mean buying and selling coins is easy, the part that they need to understand and study is the part where they are going deeper, analyzing when will be the right time to buy and sell, predicting the unpredictable and making impossible things into possible will surely make them profits maker in the Trading industry, the most common mistakes that the young ones are making is rushing to the peak and ignoring the basic stuffs to be their strength in their journey.
Most of the new entrants into this market do not have much experience in trading and will often encounter big problems in investing. I think you should not rush to invest because this is not a place where you can make a good profit. According to the latest statistics, 75% of new investors entering this market tend to lose more money and the psychology of those investors will often be very bad.

Based on my practical experience, it is best to spend $100 to try trading in this market and If you feel that it is not suitable, don't invest.
sr. member
Activity: 2394
Merit: 454
October 22, 2019, 01:13:30 PM
For novice traders I think you should be able to learn more about how to buy and sell coins at the right place of exchange and you should be able to understand price movements and wallet differences in each coin, lest you send coins with the wrong wallet and cannot see the condition of the movement of the graph in the exchange.

That is easy, I mean buying and selling coins is easy, the part that they need to understand and study is the part where they are going deeper, analyzing when will be the right time to buy and sell, predicting the unpredictable and making impossible things into possible will surely make them profits maker in the Trading industry, the most common mistakes that the young ones are making is rushing to the peak and ignoring the basic stuffs to be their strength in their journey.
sr. member
Activity: 887
Merit: 253
October 22, 2019, 11:25:33 AM


Binance is widely believed by traders even has a lot of positive feedback about Binance, traders feel comfortable when in Binance exchange because with lots of coins and altcoin, you as a newbie can also trade here and know that you need to be mentally trading and have your own analysis.

For most traders, they prefer Binance as it has been a good way to start trading at, there are lots of tutorials in trading too, they have their Binance academy to help new users to learn trading, they also conducting seminars all over the world, here in our country, I already attended seminars at Binance, they teach from the basic to difficult one.
That is the main reason why a lot of people are still using Binance despite there is already a lot of options for them to trade. Binance do not only offers a trading platform for buying and selling cryptocurrency but they also offer some value which they really care about their customer and they are giving free content and education to its users to better themselves in terms of trading.
Other than that, Binance is one of the oldest trading platform with many users and it also provides a good variety of coins to trade in. The trading material provided by them indeed relies or real analysis and fluctuations of market. Besides they have data from a huge number of traders so can provide best solutions and strategies. However, success still depends on the choice of coin and skills of individuals.
full member
Activity: 421
Merit: 100
October 22, 2019, 08:14:40 AM
Hi, I’m not sure if I’m posting in the correct category. If someone could let me know that would be great.
I recently had a conversation with a person from Tradenix. As I am completely new to this I thought I would search reviews of other peoples’ experience with this company. I cannot find anything that doesn’t seem sort of made up. I did find one negative review but didn’t really understand why it was negative.
Does anyone have a suggestion where I could start to educate myself on this process and does anyone of a positive experience with any broker?

Be resourceful mate, besides there are lot of ways for you to learn more about in trading. We have google where you can type any question you want know about in bitcoin or crypto, youtube, or here in the forum itself may give you informative details in regardless of learning in trading.
member
Activity: 1204
Merit: 38
October 22, 2019, 04:07:39 AM
And also, no exchanges can give assurance they can be down sometimes or maybe exit scam (?)
It is not possible for them to give assurance because if there are no people then how they will make profits,so they may shut down for various reasons,but you no need to worry about shutting down if you use exchange for trading not for storing.Exit scam on exchange is easy to be identified,don't use any exchange which is very new or don't have real trading activity.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
October 21, 2019, 11:40:37 AM
You will be able to understand the basics of trading easier and faster if you'll do your own research instead of listening to other's opinions and suggestions. There are lots of resources for you to use including youtube, crypto articles and the trading thread in this forum. It will be a risk if you'll use exchanges with negative feedback so better stick on popular and trusted exchanges.
sr. member
Activity: 1162
Merit: 251
October 21, 2019, 07:03:17 AM
Just go start trading like how most legitimate traders actually do it. Study a lot, and go practice trading on reputable exchanges like Binance. Why do you even need to use such services?
Agree, there are no experts who directly become professionals in trading, they start from 0 without any knowledge. so try go directly to the market, make an account in exchange, and deposit a few dollars. hone your skills by reading a lot about the basics of trading, reading about crypto price movements, and many others thing. Start buying coins that you think are potential, start analyzing and if you have questions there is Google and many trading forums that are ready to answer your questions.
hero member
Activity: 1386
Merit: 504
October 21, 2019, 05:19:28 AM
I have almost never heard of Tradenix, if you want to start from the beginning you can learn at wcex.com there you can trade with a demo account, but I do not recommend original trading because it has to deposit 0.01 btc there, therefore I suggest it at binance or on okex because the UI there is very friendly.
He mentioned broker, so i guess that its not a cryptotrading platform. Anyway he is still new and doesn't know where the right platform to trade. You're suggested sites is good as well. I am trading in big exchange with big volume. Hoping that he knows who to believe in and where to start trading.
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