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Topic: Cryptocurrency trading (Read 633 times)

member
Activity: 252
Merit: 11
January 03, 2022, 12:10:48 PM
#84

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

You better do your research first, determine and learn the coins you will invest. Visit the coin's official website, and read the whitelist and roadmap.
The bagua coin has a clear project objective. I recommend using half of your funds to buy BNB or Eth.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 05, 2021, 01:49:35 PM
#83
If you want to invest in the crypto world then you must first learn how to trade well, because if you have a capital of $ 1000 it is quite large in getting profit, but if the way you invest can not be optimal then the losses that you will get, then in this case we must be careful in choosing coins so as not to regret later, coins that are suitable for investment that is a coin that already has potential not in the crypto world.
This is common sense and yet this is incredibly rare, we see all kind of people trying to learn how to trade while doing it and while they could learn some aspects of trading during that time they are basically paying with money whatever knowledge they get out of it when it would have been a lot faster to read a few books, accumulate more capital in the process and then once you are ready then you could begin trading with more knowledge than the majority of newbies are going to ever hold giving you a huge edge over them.
full member
Activity: 368
Merit: 107
May 05, 2021, 12:39:51 PM
#82
You should not enter here without your experience. I think you can leave trading here and invest money in the long run. Trading will help you after gaining experience like market verification sorting.
1000 USD is a lot of capital. It is better to invest in the top row currency first so as not to lose.
full member
Activity: 826
Merit: 100
May 05, 2021, 03:34:42 AM
#81

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

Learn to read chart and learn the coin movement first before jumping in to daily trading. Learn money management and risk management in trading or you will be lose all your money in one day and it could happen faster if you use laverage.
to study in theory I don't think it is too long, I think trading practice will be more efficient. we have to understand putting the framework in place, and the discipline against it. do not bring feelings when trading, at first this will feel difficult to do. but we have to keep practicing
member
Activity: 658
Merit: 10
May 05, 2021, 12:02:25 AM
#80
If you want to do a short-term trading, today is a great day for you to buy ARPA,
My suggestion will be :
$800 for ARPA
$200 for ROSE

both of them are quite good and promising altcoins to trade for a short-term investment.
i hope that it can be useful.
full member
Activity: 560
Merit: 217
May 04, 2021, 06:47:38 PM
#79

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

Learn to read chart and learn the coin movement first before jumping in to daily trading. Learn money management and risk management in trading or you will be lose all your money in one day and it could happen faster if you use laverage.
sr. member
Activity: 1092
Merit: 250
May 04, 2021, 06:31:08 PM
#78

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

the question is not what but how
how to become a good cryptocurrency trader ?
i think, you should learn about technical analysis and fundamental analysis mate,
then if you can combining both analysis, i'm sure you will be a good trader buddy
because learn first before earn  Wink
full member
Activity: 1330
Merit: 147
May 04, 2021, 06:21:47 PM
#77

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
There are a lot of source for to read to learn how trading work, just googling it and you will find a lot of article about it. But yeah, I'll be more suggesting you to buy some trading books because its more specific and you will learn sequentially from the most basic things first.

After that, you have to find a trading platform and there are some trading platform that has a good reputation you can googling it as well. Don't buy directly with your money, there is trading platform which provide demo trading at least you can learn some features in the trading platform so as when you use real money you will know what will you do.
full member
Activity: 1568
Merit: 100
COMBONetwork
May 04, 2021, 05:41:53 PM
#76

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.

$ 1000 for me is a lot of capital to trade or invest in cryptocurrencies, if you are a beginner,
you better buy cheap altcoins like XLM, XEM or Bittorent, yes these three coins are very cheap because the price is not up to $ 10,
You can get a lot of coins if you buy it with a capital of $ 1000, try going to Binance and you will find out.
sr. member
Activity: 1036
Merit: 286
May 04, 2021, 11:20:30 AM
#75

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
As to what you just mentioned, considering that you are just a newbie in cryptocurrency trading, the best thing to do first is to familiarize yourself with the process. Learn more about how and what crypto is currently the best to trade with. I may give you a lot of suggestions on what you should trade but I think it would be better if you'll discover it yourself. Explore the platform, the forum and gather around news with regards to the crypto you are percieving to be good to trade with. As you learn more or become knowledgeable, you might find yourself earning a lot from your trading as you followed the steps properly.
full member
Activity: 827
Merit: 100
May 02, 2021, 11:47:51 AM
#74

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
you must first learn to understand a token ,. If you have no experience you will be easily misled by people's opinions. My advice is that you can try to continue learning about crypto coins until you understand, so that you don't get caught in the wrong opinion
hero member
Activity: 1428
Merit: 506
May 02, 2021, 10:51:49 AM
#73
The first thing that you must do is to learn how cryptocurrency trading is all about. Trading crypto in the market is volatile so you should know the risks and only invest on the amount that you can afford to lose as what others been saying here. Always put in mind to do your own research before we invest in a certain coin.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
May 01, 2021, 01:13:28 PM
#72
If I were you who had $1000 then I would put everything in doge. I do not care about any issues circulating about the doge, because so far with such old coins and also, there has been an incoming adoption from a very influential person so of course the doge has a good future. Even before the big investors entered I believed that the doge had a long future which of course the price would continue to rise from time to time.

your choice is an option for us too, maybe that's the way to cultivate profits above 100% in the future if you see DogeCoin continues to be paid attention at this time. the pump is no doubt, I think $ 1000 already has a sizable profit option. Still with a few Cents at the moment, it may be true that a $ 1 push will be seen for DogeCoin future.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
May 01, 2021, 12:27:25 PM
#71
If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.

If you take a little amount that doesn't hurt you earning by doing is definitely a good way to become familiar with market dynamics.
Just from reading and studying you don't really get used to how markets work and can work in very special situations. As for the different technologies that the different coins have to offer you are right. The only way to learn is to study different coins.
You are not wrong but I still think it is a bad idea, investing a small portion of your capital can be a great way to learn some of the dynamics and movements of the market but since this is not what we see newbies do and instead invest all their capital in bad coins I still think the first step a newbie should take is to learn for months from books and stay away of the markets until they have a solid foundation and only then they can begin to invest with a small amount of money.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
April 29, 2021, 05:51:01 AM
#70

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
You have created that account and make this post then never comes back online or check this thread about the questions you asked?

https://bitcointalksearch.org/user/saraisevda1357-3285875

Are you serious in your question or just Give way to your farming account so there can be Shitposting from their ends?

you can try to be on ETH, BNB and some coins that are booming such as NFT or SFP. So I think this is a good move rather than losing $ 1000 on risky coins
Don't fall from This question because he has nothing mean here but to lure spamming.

Reported the thread already for Locking.
full member
Activity: 783
Merit: 100
April 29, 2021, 05:07:01 AM
#69
you can try to be on ETH, BNB and some coins that are booming such as NFT or SFP. So I think this is a good move rather than losing $ 1000 on risky coins
sr. member
Activity: 1009
Merit: 328
April 28, 2021, 10:10:34 PM
#68

I want to enter cryptocurrency trading
I have no experience, what cryptocurrency to buy with $ 1,000.
I advice you to buy some good and legit altcoin, eth,dogs,Dot,BNB,etc.,beause I believe that it is more safe if you buy a coin that is trusted and has a great background because they have a big posibility of rising in the near future, there are a lot of new project with new altcoin but most of them are scam, so i think for a new trader without experience it is safe if you buy those coin that is already known and advisable to buy by the expert.
hero member
Activity: 2842
Merit: 625
April 27, 2021, 06:45:51 PM
#67
Don't research more and get into a unknown coin.
Is it don't or it's a mistype that it should be do?

It's better to get into a bitcoin,the king of cryptocurrency. Now the price of bitcoin on a dump and landed at 54k from the value of 64k. It happened over a two weeks. So their are lot of chance for the bitcoin to rise above the value of 60k. You need patience after investment.
A good starter for newbies is to buy bitcoin and I can't agree more with that. Although we're firm and believe that bitcoin will be back on the price of $60k soon but when a newbie believes on this without thinking of the risk that it takes and he doesn't have the patience, it's better for them to take time before buying it.
hero member
Activity: 1274
Merit: 520
Cashback 15%
April 27, 2021, 06:19:15 PM
#66
If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.

If you take a little amount that doesn't hurt you earning by doing is definitely a good way to become familiar with market dynamics.
Just from reading and studying you don't really get used to how markets work and can work in very special situations. As for the different technologies that the different coins have to offer you are right. The only way to learn is to study different coins.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
April 27, 2021, 12:31:25 PM
#65
If he's totally new to cryptocurrency, I think OP need to invest first his money in cryptocurrency that are safe like BTC, ETH and BNB before he learned about the structure and how crypto trading works. There are so much aspects to be considered in entering the market or make an entry and exit in every trades. It takes some times before learning about trading and it's a continues learning. Risk management is very important and learn how to control your emotion. Some traders FOMO resulting to lose their capital and become frustrated to get back their money. Fundamental analysis is still the best analysis for beginners and even the big traders and supported by TA.
I disagree, someone that is completely new to this market should not trade it and instead use the next months to learn everything that he can about this market and trading and investing in general, it seems people have the idea that they can become rich in this market, and that is true but they think they can do it easily by just investing in a coin and earn a fortune that way, and we know things do not really work like that so a person like him will lose all their money even if they invested in solid coins.
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