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Topic: Beginner Trader - page 9. (Read 1703 times)

sr. member
Activity: 2394
Merit: 454
September 29, 2019, 10:40:55 PM
#48
When i first start in crypto trading i did watching a lot of video in social and read more about trading in google before i go start in trading and the first thing i did when i do trading is practice more in a low capital so it wont realy hurt in my pocket if i lose.

You have the advantage in Trading if you know what you are doing, you know 90-95% of what is going to be the result of the price chart everyday. You could also start by buying in the lowest price(if you feel like it is the lowest price) and sell it when it pumps up(if you think it is not bad to sell) strategy as a fresh start in Trading, for you to know how Trading really works, you could still take your time to study a lot of things before Trading.

I am always doing this strategy whenever I get bored and luckily it turns out always well. I want to learn to trade well but I don't enough time to watch in youtube or maybe I am just lazy person.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 29, 2019, 10:09:54 PM
#47
If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.

Be careful if you want to join the official telegram of Binance or Bittrex because you still need to analyze by yourself so you can find a good time to buy bitcoin. I think when the price is down for a low price, that will be a good time to buy but that will depend on the trend because not every low price will be the down of the price. That will need more analysis to determine the very low price, and you should learn about that so you will get the right time to buy bitcoin.
hero member
Activity: 2856
Merit: 673
September 29, 2019, 09:42:25 PM
#46
You are in the right section,..
About your concern, I suggest you don't trust a broke here, trust your self by developing your self in the crypto space.
Be active in the forum and I'm sure you will read a lot of valuable information.

I started by myself, watch videos in youtube and read some article and of course participate in the forum.
What can I say? I'm a bit successful with trading now, though I'm not a day trader but I believe I'm up so as of this date.
sr. member
Activity: 1400
Merit: 283
September 29, 2019, 04:14:35 PM
#45
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?
The advice that i can give you is to just go and learn about trading from the youtube videos and articles and than make your own research on what coin and how you wanna trade, all of these are up to you to decide and learn, but when it comes to where you should trade i really don't recommend going around and looking for cheap sites that have no reviews, they are usually have bad services and maybe slow transactions which you don't want to be happening in trading where every minute costs you money, so just stick to the popular community approved trading sites where you rarely have any issues.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
September 29, 2019, 03:48:06 PM
#44
If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.
For me, that is minor information there that you have got if ever. The best step in studying trading is here in the forum, just like me, before I step in on the trading as a trader it takes for me of almost 2 years. Hmmm, just a small question. Bittrex and Binance community I may consider a HYPE group. I won't trust that kind of trustworthy issue. I think if you are not prefered on doing trading, just keep on research.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
September 29, 2019, 03:37:23 PM
#43
If you want to get educated about the trading, please join the official telegram of Binance or Bitrex. You may watch the messages on the group by the experienced traders and you can initialized the coins what they are planning to invest.
After sometime you can start trading with your own knowledge and make some mark with that strategy.
hero member
Activity: 1400
Merit: 571
September 29, 2019, 02:59:12 PM
#42
Practise makes a man perfect so you can try on demo trading than create an account on binance for trade and learn because you can see live trading.
I think binance is not recommended for beginners, there is a big risk, so the opportunity to get profits is very difficult.
Don't forget to use small capital to avoid losing.


Any exchanger site will do, but I recommend something that have a more simple interface life hitbtc for a beginner. A friendly interface that is not that hard to explore is an important thing, also OP is just a beginner so he must start on the easiest part, there is no need to jump off too far, that will only make things worst like he will not be totally ready in Trading if he is going to take the shortcut.

Binance interface is complicated to understand than hitbtc interface in my opinion, anyways, OP could try many exchangers because it is free and it's his job to find the right exchanger for him.
hero member
Activity: 1400
Merit: 571
September 29, 2019, 04:27:31 AM
#41
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?

There is a lot of people nowadays who are pretending to be someone they are not just to scam other people, even in emails, a lot of phising links have been sent to me these fast few days, creating fake names such as google security when it is obvious that they are not. Different scammers, different tactics, if we are outsmarting them, they are always have new ideas to scam people in a very superb way that you won't even see it coming.

I recommend using blockfolio when you are trading for you to find out the legit exchangers that we have on the market, and you could easily track your coins in a very easy way.
sr. member
Activity: 1274
Merit: 278
September 29, 2019, 03:11:41 AM
#40
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?
In choosing exchange it is necessary to check first the review and you can do that here in forum or else you can go to the exchanges that is popular like Binance and Coinbase since they wouldn't do such thing could harm their reputation. Besides, don't just take an advice from anyone it is still better to make some research with regards on your favorable exchange. Moreover, you could also use a little amount of capital to familiarize in this industry, don't afraid to lose because this is the most important thing, it is a experience and this is where you'll learn.
sr. member
Activity: 1484
Merit: 277
September 29, 2019, 03:05:55 AM
#39
It's just important that you start with exchanges with good background feedback on the bitcoin and crypto space industry. And to determine if they are legitimate you must first examine them carefully on the coinmarketcap. Besides you can see a good platform on this site too.

Please be careful on those circulating exchange sites these days, we can't be certain if they're legit or not. Some of them may find not good and shady on their corresponding trading platforms. It's very important to check and verify that those sites didn't have anomalies, like scam history.
hero member
Activity: 1414
Merit: 505
Backed.Finance
September 29, 2019, 02:52:32 AM
#38
If you want a place to start I think you are already in the right place. You can start by reading on related threads, from there you get people's view and experiences. It is a wise man that learns from other's mistake. Don't look further, you can be fine with trading on your own.
You're right about watching or reading from other traders to form an opinion. But that's where that ends because real trading surpasses all that. OP needs to engage in Demo Trading first to get his hand dirty and then in real life trading to stabilize his emotions. Greed and impatience are the two trade killers and they easily mess up with one's emotion. To be a successful trader, one needs a good control of them.

Yes, actual trading teaches more lessons. Aside from those resources online, video tutorials dip your hands on  actual trading on exchanges. Start small, apply all your learning and see the results. Only at first you'll nervous. as you go along you build confidence. Confidence is important, because you know what you are doing.Even small mistake in trading, makes a big implication you're unaware.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
September 29, 2019, 01:36:59 AM
#37
You will get your best chance of being successful here if you start by yourself, I mean there's not 3rd party, just you alone managing your trades.
The good thing with that is you will be able to grow in the long run, and your will gain from your experience, hence you can maximize your income depending on how much you are willing to risk.
Personally, I started here by myself and I just tried to be resourceful by researching information that could help me learn and improve along the way, and I think the decision I made is correct because I can feel I grow in crypto and this forum is such a big help.

The first thing you need is a certain starting capital and not choosing the places where to trade. A trader must also have a financial reserve in order to exist normally for the next few months until he learns how to earn income. First of all, it is important for the right psychological attitude, so that you could calmly continue to work on the result, and not think that tomorrow you might have no money to pay for the Internet.
Or simply does mean that you would need up some good money management while you are still on practice.Improper handling of your funds
will most likely end up for you to stop completely and hate up trading in the end because you had been wrecked so fast without having the chance of
recovery since you dont have more funds to move or to make your recovery move.Being a beginner do always accompanied with losing trades which
is normal it will just depend on how you do handle and learn from it.
sr. member
Activity: 910
Merit: 251
September 29, 2019, 01:04:05 AM
#36
It's just important that you start with exchanges with good background feedback on the bitcoin and crypto space industry. And to determine if they are legitimate you must first examine them carefully on the coinmarketcap. Besides you can see a good platform on this site too.
full member
Activity: 756
Merit: 100
September 28, 2019, 10:53:51 AM
#35
You will get your best chance of being successful here if you start by yourself, I mean there's not 3rd party, just you alone managing your trades.
The good thing with that is you will be able to grow in the long run, and your will gain from your experience, hence you can maximize your income depending on how much you are willing to risk.
Personally, I started here by myself and I just tried to be resourceful by researching information that could help me learn and improve along the way, and I think the decision I made is correct because I can feel I grow in crypto and this forum is such a big help.

The first thing you need is a certain starting capital and not choosing the places where to trade. A trader must also have a financial reserve in order to exist normally for the next few months until he learns how to earn income. First of all, it is important for the right psychological attitude, so that you could calmly continue to work on the result, and not think that tomorrow you might have no money to pay for the Internet.
sr. member
Activity: 566
Merit: 250
CurioInvest [IEO Live]
September 19, 2019, 08:50:34 PM
#34
Though I'm far from being considered an experienced trader, I know this much when in comes to newly released/listed tokens/coins. After going through whitepaper, more factors that have to be weighed in are as follows:

1. When was project launched/token/coin released? Project roadmap?
2. Vesting period/circulation details.
3. Token/coin listed where?
4. Trade volume against circulation/supply.
5. Causes and other details of past price spikes.
6.??
7.Huh
... Experts, please feel free to fill-in, exhaust the list...
hero member
Activity: 1596
Merit: 502
August 29, 2019, 05:19:04 AM
#33
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 never heard about that company, but I wonder why you want to try on that site? Are there any benefits for you, so you want to join them? I am sure that you can search the other recommended exchange than to try in that site. You don't know if they are a good website or not because most of us never heard that site.
You should search for yourself to educate yourself and to learn about trading so you can found what you want. There is no other way to become a pro trader except you need to learn by yourself from reading, watching, and practice the lesson.
sr. member
Activity: 910
Merit: 251
August 27, 2019, 06:15:13 AM
#32
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?

Don't worry you in the right section posting this topic mate. As a beginner here in crypto world, it is good to start with learning process while doing the actual trade in the exchange platform. My tips to you is try to choose an exchange that are always listed on top 10 at the coinmarketcap in this way I think you are far with high risk.
sr. member
Activity: 566
Merit: 250
CurioInvest [IEO Live]
August 27, 2019, 02:38:37 AM
#31
My advice is start with Binance. No need for KYC to start trading. Also, before starting you may want to visit the link to Binance Academy. There you will find very helpful instructions and tips for newbie and advanced traders alike.
sr. member
Activity: 882
Merit: 251
August 26, 2019, 02:57:09 PM
#30
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?

If you have made a serious decision to become a cryptocurrency trader, get ready for the fact that you will have to say goodbye to illusions about easy money. Invest in cryptocurrency only what you really can afford to lose. Always make changes in your investment portfolio.

Divide your investments into three groups: short, medium and long. Feel free to get rid of short-term investments as soon as you get profit from them.
full member
Activity: 1498
Merit: 146
August 24, 2019, 03:27:38 PM
#29
If you want a place to start I think you are already in the right place. You can start by reading on related threads, from there you get people's view and experiences. It is a wise man that learns from other's mistake. Don't look further, you can be fine with trading on your own.
You're right about watching or reading from other traders to form an opinion. But that's where that ends because real trading surpasses all that. OP needs to engage in Demo Trading first to get his hand dirty and then in real life trading to stabilize his emotions. Greed and impatience are the two trade killers and they easily mess up with one's emotion. To be a successful trader, one needs a good control of them.
I wouldn't say trying demo is completely useless to the real life strategies because we are not going to care much about what we are doing when we are in demo mode so get some money initially and try all the strategies you learned before from reading all those things will teach a lot better lesson that in demo.
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