Beginner Trader - page 6. | Bitcointalksearch.org

deisik

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Quote from: Tungsten-1 on October 14, 2019, 08:07:07 AM

Quote from: ?? on ??

You just need to keep trying to learn by self-taught, because when more you try then will more you become accustomed to failure so that it will make you a valuable lesson at later time. Failure is a lesson to be better in the future.

Often new traders are in search of mentors who can guide them all tricks of trading and they end up often paying huge fees to trading experts and still are not able to enjoy desired results. As you have mentioned about self learning, that is the only key to success in trading because everyone has different trading style and preferences, so just take guidance not depend on others totally

It is the same with most books on trading

Either the approaches laid out there are no longer working (apart from just being too vague and non-specific) or their authors don't have a clue about trading themselves. In other words, more often than not it simply doesn't make sense to teach anyone for the money which the potential mentor can earn in likely a tiny fraction of the time he is going to spend on teaching unless it involves something else, of course (I mean, other than money)

nelson4lov

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Top Crypto Casino

Quote from: Tungsten-1 on October 14, 2019, 08:07:07 AM

Quote from: ?? on ??

You just need to keep trying to learn by self-taught, because when more you try then will more you become accustomed to failure so that it will make you a valuable lesson at later time. Failure is a lesson to be better in the future.

Often new traders are in search of mentors who can guide them all tricks of trading and they end up often paying huge fees to trading experts and still are not able to enjoy desired results. As you have mentioned about self learning, that is the only key to success in trading because everyone has different trading style and preferences, so just take guidance not depend on others totally.

.

I'm not against anyone getting a mentor. If you can get one who is serious about training you till you're reafy to trade on your own. But these days, It hard to find one without any strings or fees attached. Most professionals or Self-claimed "mentors" are all about the money and will milk you out. But if you manage to get a good one, they'll groom you up. But If you're not opportuned to find one. Just can just learn the skill yourself. You can learn basically anything these things with commitment and the right mindset.

Tungsten-1

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Quote from: ?? on ??

You just need to keep trying to learn by self-taught, because when more you try then will more you become accustomed to failure so that it will make you a valuable lesson at later time. Failure is a lesson to be better in the future.

Often new traders are in search of mentors who can guide them all tricks of trading and they end up often paying huge fees to trading experts and still are not able to enjoy desired results. As you have mentioned about self learning, that is the only key to success in trading because everyone has different trading style and preferences, so just take guidance not depend on others totally.

btcdie

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first risk. if you are afraid of risk, I suggest not to become a trader or investor. being a trader is not easy, it requires broad understanding and must read the news every day. most people lose trading because of mental illness, your psychologist must stay calm and don't be in a hurry.
which must be prepared in advance to become a trader that is, mentally, broad understanding, always updating the news and looking for the facts, finally doing analysis. sounds easy, but full of risk. my advice do not make trading digital assets as your source of income.

Janation

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Quote from: Ashong Salonga on October 10, 2019, 07:33:35 AM

For me trading is not an easy thing to do to make money but when we learn the technique in trading i am sure it is one of the best source of income here in cryptoworld and i think a lot of newbie should watch the basic trading in youtube and then practicing trading everyday with a small amount is also a great thing to do to became a good trader.

I think it is a good thing to do if you get in it first.

In the early stages of Bitcoin, a lot of people bought huge amount at a cheap price and saved it to earn a huge profit.

Also, with this job in hand, you don't need to be so focused on it. You can do it as a second job a part-time job since you can just check every now and then for some changes in the market. Though if you don't know what you are doing, better keep your money far from investing or trading since that will really cost you and you might blame it on cryptos.

Kelvinid

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I have to believe that isn't easy to become a trader at the start, a lot of things to consider before we've been doing this. In fact, a lot of fo people have lost their confidence when they'll in trading and even many suffer losses. What I've got here are some exchanges that could help to develpo young minds about trading. You may take a look at this.
https://www.bestbitcoinexchange.net/for-beginners/

doomistake

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Quote from: Freddy11 on October 10, 2019, 01:27:25 AM

If we are just starting up, it’s sensible only that we go for learning in proper way, it’s something that should be given proper time and we should not attempt to hurry anything. If we move it all right way, it will certainly help us with putting it on right zone. A lot of value has to be given to Crypto Knowledge, as this is what leads to you getting the right results for being able to succeed. It’s not an optional but necessary thing for any and everyone out there.

The most common reason why we try things even though we are not familiar with it is to learn, we all know that earning money in Trading is not that easy especially if we are just beginners, but that is exactly the point, a decent money always comes from on a hard working people who are scared to try new things but still take it head on. We need to be crazy enough if we wanted to be a successful person.

We cannot avoid losing since that is how it works, we lost then we get it back by gaining knowledge for it.

Darooghe

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I'll give you a few tips starting off. First, have a goal in mind for your trades. Are you looking to try and make a quick buck or are you investing for a longer time period? this changes what types of information you'll want to look at.

second, use a reputable platform like Coinbase "to start out", because of how easy it is to connect to your bank account and just for the simplicity of it. If you want to get more advanced approach, use Coinbase pro. If you're looking to enter more altcoins, use Binance and then explore other exchanges.

the last Tip, avoid using BTC to transfer between exchanges if speed and low fees is what you're looking for. You can avoid high fees by either using Coinbase Pro, if you're using coinbase, or another currency like Ethereum or litecoin, these are faster and have lower transaction fees.

Ferris419

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For the first time, I am hearing about this exchange platform. I have seen a lot these types of threads, where a newbie trader gives a totally new exchange link and asked did you try it! However, I want to believe that you really want to know about this platform and my answer is absolute, No. Don't start trading there.

Margin trading is not for everyone, many people lost money because they tried margin trade without proper knowledge. You may read some articles about how to start margin trading, search this question on Google and Youtube, you will find lots of tutorials, follow them, learn them and when you get confidence, start the margin trading with a low amount of investment. Good Luck.

mdzahed134

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Quote from: palle11 on October 05, 2019, 02:36:27 PM

Quote from: sweetbet on October 04, 2019, 04:01:06 PM

There's nothing like real world experience to teach you, but before you start trading, (1) watch as many youtube videos as possible about how to trade

Will watching of video safe the imminent loses?
I think it wouldn't, I believe that the real life experience exist. It shapes the trader after some loses.

I support trading with demo/small capital for a start before the real life experience.

But i think video tutorials will be too much effective for the beginners trader, i following some reputed crypto related youtube channels to learn margin trading and how to learn about stop loss trading. The first of all basic trade is very important to start trade. Without basic learning how to you trade in demo account. Even i think imminent loss will happen with any experienced trader.

ice098

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Quote from: Ashong Salonga on October 10, 2019, 07:33:35 AM

For me trading is not an easy thing to do to make money but when we learn the technique in trading i am sure it is one of the best source of income here in cryptoworld and i think a lot of newbie should watch the basic trading in youtube and then practicing trading everyday with a small amount is also a great thing to do to became a good trader.

We should learn how to read patterns as well as the charts. It could be a very helpful for us traders. Many people dont know how to read the charts thats why they only easily affected by many fuds in the internet. Most of the expert trader Ive known knows this technique very much, thats why they dont easily affected by fud.

nutella_11

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Quote from: djselery on October 08, 2019, 10:36:30 AM

As a beginner with trading cryptocurrencies, you should spend your time now to learn the basics of trading and to get the required knowledge. You can get a lot of useful information about trading from this forum, and from so many trading blogs freely accessible online. There are also many Youtube channels that teach the basics of trading.

Right. Just take your time and learn. This is your key to success. Experience is the matter of time so learn also from your mistakes. If you feel confident enought to start trading, find a proper exchange. I recommend you CoinDeal, because it's very user-friendly. Moreover, they have a new feature called Galaxy Score which can help you to decide when to buy or sell and which coin.

Ashong Salonga

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For me trading is not an easy thing to do to make money but when we learn the technique in trading i am sure it is one of the best source of income here in cryptoworld and i think a lot of newbie should watch the basic trading in youtube and then practicing trading everyday with a small amount is also a great thing to do to became a good trader.

Freddy11

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Activity: 391

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If we are just starting up, it’s sensible only that we go for learning in proper way, it’s something that should be given proper time and we should not attempt to hurry anything. If we move it all right way, it will certainly help us with putting it on right zone. A lot of value has to be given to Crypto Knowledge, as this is what leads to you getting the right results for being able to succeed. It’s not an optional but necessary thing for any and everyone out there.

cryptoblazter

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Quote from: *Saucey* on August 22, 2019, 05:42:56 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?

You are posting in the right section mate, since you are newbie here do not just listen or follow with the instruction by someone what you are going to do as beginner in trading industry. Yous must do your own way to learn on crypto, like research the best platform exchange and top coins in the market where you can find at coinmarketcap in which is the best reference to find a legit platform and top coins.

yvesp110

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Quote from: Google+ on October 08, 2019, 06:58:12 AM

Quote from: pinggoki on October 08, 2019, 02:23:36 AM

Beginner trader, just go and start trading just like everybody in the trading platform is doing, because every trader starts from nothing and you will get some experience that you can use to start a well and good trading. If you really want to trade just go to the flow because every experience that you can absorb on your trading, you can use it to increase your ability on trading.

I think for beginners you should first learn how to trade properly, learn first what makes prices move and at what time is suitable for buying coins and selling coins because if you don't have a little knowledge then trading will only get losses, and most importantly is controlling patience so that it's not easily influenced.

Beginners are easy to manipulate and they are often the ones who fall prey to scamming because they lack sufficient market knowledge. They are simply looking for great profit in short time which brings them to no profit at all. They should start trading or you can say buying selling with trustworthy coins such bitcoin to avoid losses.

djselery

legendary

Activity: 1386

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As a beginner with trading cryptocurrencies, you should spend your time now to learn the basics of trading and to get the required knowledge. You can get a lot of useful information about trading from this forum, and from so many trading blogs freely accessible online. There are also many Youtube channels that teach the basics of trading.

Rodeo02

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Quote from: pinggoki on October 08, 2019, 02:23:36 AM

Beginner trader, just go and start trading just like everybody in the trading platform is doing, because every trader starts from nothing and you will get some experience that you can use to start a well and good trading. If you really want to trade just go to the flow because every experience that you can absorb on your trading, you can use it to increase your ability on trading.

Agree to this one. Its better to try trading by your self after watching many tutorial you can now able to start a trade . If you are afraid to lose monry then you can start with small amount first remember before using that money make sure you can afford to lose that.

pedrog

legendary

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Quote

2010
Mining Accounts
Mining Accounts were introduced into our company. It allows the traders the opportunity to work closely with a Mining Account Manager to make a larger profit without investing relatively large profits that are generally required in traditional markets.

Mining as in bitcoin mining?

SummerBliss

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Quote from: *Saucey* on August 22, 2019, 05:42:56 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?

You can simply start trading at yourself and all you need is funds and proper knowledge about the coin in which you want to trade. Simply deposit your money in one of the legit exchange after submitting your documents like Binance.And follow trading tips of the expert and have patience and trade successfully and earn profits.

Topic: Beginner Trader - page 6. (Read 1714 times)