Topic: best way to traiding - page 5. (Read 584 times)

The internet is a free source of knowledge and you can learn a lot by making a simple search. Try to understand first the basic the fundamental analysis and after that the technical analysis if you have master the basic of trading you can make it as your base knowledge to unlock all advance strategies and usually you can make a lot even by just doing the basic analysis.

Or they should start with buying the crypto first. Check out all the possible ways to buy and exchange the crypto and fiat in your country or local authorities. Then once you start buying then create nice and trendy portfolio after studying the projects. Have BTC and ETH in your portfolio on prime target.
Initially you better start holding the crypto and feel the volatility before you can jump into trading platform.

It's way way important to understand the volatility index of crypto, its crazy and it can impact your trades in good way or bad way based on your experience. So learn it first and then go for trading tutorials. In that also try to have long term holding trades, gradually day trades and then leveraged trading.

This should be your ideal way of trading.

I think the first thing you have to do is to start reading about cryptocurrency trading or trading in general. There are different types of trading, and you should read about them and understand them fully. So, when you might have learned about them, and the risks that are involved, you will be able to tell by yourself where you should be starting from.

Trading carries risk and the risk increases for  each different types of trading. Then after you have made the decision for yourself on which type of trading you should go into,  you can start doing research on that particular trading and learning about how it works and how to set up your own strategy that is going to help you make profit in the market. Most things I know about trading today were all self taught .

That is fine, but if you really dont trust anyone, why are you even asking here?

Sure is, considering you to be a newbie, or like you say "0 level"

If you dont want to lose, you should NOT trade. Because if you trade, invariably you will lose money at some point or devalue your current assets by buying some shitcoin.

You pretty much sound like the kids who want to "get-rich-quick" and end up falling into the traps of HYIP/MLM ponzi schemes.

But you just said you dont trust anyone - then why you believe what someone tells you? Did you check their accounts yourself?

Because a lot of the stuff you see on the internet is fake and made up. If someone was making money through trading everyday, they would already have become millionaires. They propagate the lie that they make money like anything in order to lure you into joining through their affiliate links - what you would spend on that site would be their real earnings and they are good at doing this.

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Since you also asked about BitMex, it is a Bitcoin perpetuals trading platform - something for the well-trained traders to do, NOT for newbies. New traders need to learn fundamental and technical and start reading charts while trying dummy paper trading that is get ready for Spot trading.

I know many youtubers and all are promoting BitMex like anything. But they are only doing this for the affiliate money, they dont themselves use it at all but only make videos on it. So stop listening to those.

If you intend to turn trading into a long term income skill for you, you shouldn't have a quick and short term approach to learning about it. Exercise patience and give yourself ample time.

Very correct, I am certain if you can see the amount these traders who post up their profits have lost to trading, you will have a rethink to quick knowledge which is dangerous. They survived it, you may not be able to pull through the losses if you don't learn well.

It is also one of the reputable exchanges.
But, why don't you try to learn Binance? If this is available for your country, maybe you can check this exchange.
Or, you can also check for some top exchanges here that are suitable for your country and yourself:
https://coinmarketcap.com/rankings/exchanges/

Btw, because you are new to this, never try to first use Future trading even you may get a free or vvip signal because Future trading or trading with leverage is very risky, moreover for beginners.
I agree with @mk4, Spot is better and more suitable for you.
And if you are still confused about Spot or Future or other types of trading, you can learn it first.
You also need to learn which coins are best for you. I will not suggest you trade new or hype coins because it is also very risky.

Btw, have you known and understood really the benefits and also the risks of trading? You must also know about them at first in order to not make any misunderstanding.

Do not only see what other people can get right now and do not only see how they can earn so much money from trading. Because behind of that, they also have lots of experiences, both sad and happy, both earning money or even losing money.
They have been here for trading not in a shrot time, they ahve tried trading in period and they havemany experineces. So, just focus on yourself at first what you can do from the beginning. Once mroe, understand the risks and profits of trading, not only the profits or money that you can get.

If you have zero level knowledge in trading, then you must make small trades on different exchanges before trading. You don't have to trade huge amounts at once. Moreover you have to trade Go to trade by looking at the website announcement.

Certainly
But what do you think of the platform BITMEX

Start off with babypips. This might be focusing with Forex/stocks but it is all just the same because indicators and terms used
are just relatively connected to each other.

Best way on trading is on how to make yourself sustainable and better don't to rush up yourself because this would
really create some rush up on emotion which would result into mistakes.

Slowly but surely kind have on mindset and don't really hurrying up yourself.

As you said that you are a beginner in crypto trading, you must have a basic knowledge of trading. I can share with you some tips on trading. First of all, you have to create a cryptocurrency account in an exchange that caters to different markets and investments.
then fund the account with stable coins and choose a cryptocurrency to invest in. And build a proper trading strategy. There's an interesting Article that has described the details of all the above trading tips for every trader.

I know that, but I don't trust anyone
I will trade more than 10 thousand dollars and that is a lot of money
So I don't want to lose
I want to learn and I also want a quick profit
I hear about people who earn more than that daily
I don't understand how but they can

If you know yourself well and know that you are the type that doesn't catch up easily learning online, i best advice that you seek local help from someone who is a trader that can teach you, and get you on your way easily. It can be very beneficial learning from someone because the person doesn't only just teach you the theory part, they also share the experience they have gathered from over the period they've been involved in trading with you, and that cab guide you from some mistakes that may be costly to you.

Be at least knowledgeable enough before you will enter the market, if you don't have these skills, i's purely seems like you gamble your fund there that possible the chances of making a profit is very thin.  Don't even jump in into trading if you have zero idea.

Find an exchange that has a demo trading feature if you have that basic knowledge on trading, it's quite good if you learn knowledge from experience and then, find Etoro exchange platform which offers copy trading for newbies, it might be that feature will surely help you those who are new in trading: take note, at least not 0 level, it should be learned a basic one.

I think there are a lot of Youtube video tutorials that you might have an idea on how crypto trading works, just be researchful.

It's a derivatives exchange where people trade with leverage — which is something you definitely shouldn't touch as a beginner. Just trade spot first using the likes of Binance.

Devout time and passion for reading about it. Like everything about it and build your passion strongly on it. Trading is like going through school, you don't lose hope when your studies are difficult for you. Develop the resilient traders habit and search the net for more information than you already have. Meanwhile avoid giving money to people or platforms if you are not sure the people mean well for you.

All the information can be found in the internet mate so must invest time for it if you really want to learn trading, i suggest visit YouTube if you want step by step tutorials because fyi nowadays it's free wherein you don't need to buy a trading books just to obtain specific information , but of course get your pen and notebook make a list for all important things to know about trading especially how it really works.. Then learn it one by one!.. Dont rush your situation remember that because it's not really safe to be honest.. Educate your self first before you start..

Visit this: https://github.com/SpiralDevelopment/Awesome-Crypto-Trading

You can learn from basic trading to advance trading as well as other useful information, tools and other trading related links.

what ur opinion about BitMex platform

Start by doing a lot of reading: https://www.lopp.net/bitcoin-information/trading.html

It also helps to know what kind of assets you're trading, if it's the case that you don't yet: https://coindesk.com/learn

hi guys
please help me

how i can learn about traiding

still im on 0 level

from where i can start???