Cryptocurrency trading - page 2. | Bitcointalksearch.org

Kasabus

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

if you have no experience i think its better for you to learn more about crypto my friend
then learn how to analyze the market with technical analysis and fundamental analysis,
i believe if you can combince both analysis, you can be a good trader mate,,
by the way, i think for now BNB is the best alt to buy with your $1000
regards

DYOR first before taking crypto trading.There are a lot of things to learn before jumping into crypto trading. The crypto market is very unpredictable so you have to prepare for the worst case to happen like losing your capital in just a second. Just a suggestion my friend, start investing with bitcoin because its the most trusted coin whether you're a newbie or a legend in this crypto market. But don't expect to make profits at first, otherwise prepare yourself from losing.

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Quote from: kodtycoon on April 26, 2021, 02:22:47 PM

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.

This can be a dangerous decision for the trader and the reason for that decision may be the situation of exiting the market. Dogecoin has already pumped a lot, many are worried about the consequences of Dogecoin in the coming days. The big influencers who get money tell people in different ways to buy those coins, it is not right to trust them. He should advise a new trader in such a way that he can feel safe, telling him to buy dogecoin means to influence him in a different way.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

Don't research more and get into a unknown coin.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.

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Quote from: kodtycoon on April 26, 2021, 02:22:47 PM

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.

Dogecoin may remain a good choice only when you are opting for long-term holding or at least you must be ready even you will be enforced to hold for years. Because there will be no guarantee from those billionaires to continue their pumping for the remaining months of this year. Anything could happen in this crypto space and getting ready to face such things is the only action we should do along with investing into any coin.

Personally I will invest into dogecoins as well but not for all $1000. But for the current prices of most altcoins, I guess we could not get any big share for $1000 still I will try to diversify along with BNB and litecoins because I am believing these two to continue for the remaining months of this year because people are expecting most crypto will be having final ATH by the end of this year.

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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.

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Quote from: Congyang on April 26, 2021, 12:12:06 PM

You can try to be in lower risk cryptos like ETH or BNB. if for beginners this is the best choice because you are not too risky to face losses. So don't waste your money on coins that don't have potential

It's also a bad suggestion for him even ETH and BNB are the major coins but remember that it's not impossible for him to suffer the loses caused by he was entering at the wrong time.
Try to spend a small amount to trade is far better than try to join in the major coin without 0 knowledge about that.
OP needs to learn before try to join in the cryptocurrency trading.
Trading will give him a big risk for sure.

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Quote from: Congyang on April 26, 2021, 12:12:06 PM

Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

You can try to be in lower risk cryptos like ETH or BNB. if for beginners this is the best choice because you are not too risky to face losses. So don't waste your money on coins that don't have potential

If you want big profits, of course you have to dare to take big risks in trading, because if you just want to play it safe in trading, of course you won't be able to get a profit and only stick to the capital you have right now, even so before you do trading you should check and check market conditions before deciding which altcoin you want to invest in.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

You can try to be in lower risk cryptos like ETH or BNB. if for beginners this is the best choice because you are not too risky to face losses. So don't waste your money on coins that don't have potential

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If you have no experience in trading especialy in cryptocurrencies, ypu better put your money in to bitcoin or good altcoin then leqve it there for years. It is safer then ypu do trading on daily basis.

Not all altcoins were able to recover whenever the price dump, other altcoins mght not really move on from it. I have some coins which have values before but tirns to nothing now. We must try which time can sold many and try to learn trading. Our profit in trading will depend on bow good we are in trading.

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Quote from: arifteguhr on April 22, 2021, 01:29:28 PM

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If you have no experience in trading especialy in cryptocurrencies, ypu better put your money in to bitcoin or good altcoin then leqve it there for years. It is safer then ypu do trading on daily basis.

Easily if you are really interested in investing in bitcoin. because after all altcoins follow bitcoin price movements. the question is when is the right time. Is this the right moment to invest when the market is bullish? in my opinion for now you have to be careful, especially bitcoin is in a bullish condition and has not undergone a correction

Easy at it is, if you are aiming for long term investment then placing your money into bitcoin or known alts are the best thing to do, there's no doubt that along the way bitcoin value will rise for more.

It's important for you to analyze since the market is really volatile and there are many up and down that will undergo inside the market.

But with your concrete undertansding you'll be able to compensate and earn decently from this business.

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First, you need to move this thread to the right section which is the trading discussion, second, trading is not like an investment that once you have capital, you can just buy in trading you require skills that will guide you during trading to avoid losses.
Trading is not an easy venture and as a novice without good knowledge of trading your chances of making profits are slim and you might even lose your funds in the process.

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Quote from: ChaoChibai on April 22, 2021, 02:29:52 AM

Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

I think you can separate your investment 70 - 30. you can invest 70% in top ten crypto coin at the market, meanwhile 30% you can invest in bitcoin.
It will be better for you to study first about crypto trading to minimize the risk of losing. Also I dont suggest you to buy small caps altcoins because I think its to volatile.

This is the best advice I have found so far. OP you can follow this instruction to maximize your portfolio

In order to make good investment in altcoins, you need to have further research. There are likely thousands of altcoins and one mistake can destroy your balance.

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Quote from: Rampagoe004 on April 22, 2021, 09:58:56 AM

If you want to invest in the crypto world then you must first learn how to find a good coin to invest in, and currently many coins that we can rely on because all potential coins are at the best value for us to hold, then we must be able to benefit for now so that we enjoy the results at a time when bitcoin and other altcoins are at the highest value this year.

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.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

Without any doubts, they should go only with bitcoin investments; yes you must invest all your $1000 only with bitcoin because when you are not having any experience and knowledge about crypto trading then you should go for investing rather than struggling with trading. Cryptocurrency trading is something you could not imagine because it will wipe out all your $1000 in matter of minutes. So, always try to secure your capital first and then you will easily get chances two multiply it.

If you're ready to hold your $1000 worth of bitcoin for next 4 years then definitely you will find your money worthing $10k for sure. I am just speculating from what they have experienced in last eight years. I mean anything could happen but the chances for what I have mentioned is having more than 90% chances to happen in real life.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

$1000 to buy BNB every launch pad, i think some of coins that get Binance Launchpad get good price when listed in it. Or maybe just sell BNB that you have because if launchpad means people will but BNB to commit and more BNB means more they can get the coin that still in launchpad.

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If you have no experience in trading especialy in cryptocurrencies, ypu better put your money in to bitcoin or good altcoin then leqve it there for years. It is safer then ypu do trading on daily basis.

Easily if you are really interested in investing in bitcoin. because after all altcoins follow bitcoin price movements. the question is when is the right time. Is this the right moment to invest when the market is bullish? in my opinion for now you have to be careful, especially bitcoin is in a bullish condition and has not undergone a correction

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If you want to invest in the crypto world then you must first learn how to find a good coin to invest in, and currently many coins that we can rely on because all potential coins are at the best value for us to hold, then we must be able to benefit for now so that we enjoy the results at a time when bitcoin and other altcoins are at the highest value this year.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

I recommend the good coin that has been on trend right now, dogecoin has been doing well for the past days. Though there's a slight price declination, but that doesn't stop the traders to purchase this crypto because of Elon Musk warm support for this project. Popularity is very important, that's why I also gained an optimum trust towards this to become sustainable asset in the future and that $1k is worth it.

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Quote from: ChaoChibai on April 22, 2021, 02:29:52 AM

I think you can separate your investment 70 - 30. you can invest 70% in top ten crypto coin at the market, meanwhile 30% you can invest in bitcoin.
It will be better for you to study first about crypto trading to minimize the risk of losing. Also I dont suggest you to buy small caps altcoins because I think its to volatile.

But I will recommend to do the exact opposite of what you said; 70% into bitcoins. Because, it will be a wise move if you invest more into highly secured and high returning asset rather than risking into random things. In my opinion altcoins investments are too risky even the current scenarios are completely different from my view.

Moreover I will never recommend anyone to get into for the purpose of trading crypto because that will be multiply your risks into 1000x but at the same time you can enjoy big profits just being an investor by choosing only bitcoins.

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Quote from: sarai_sevda1357 on April 15, 2021, 03:55:14 AM

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

I think you can separate your investment 70 - 30. you can invest 70% in top ten crypto coin at the market, meanwhile 30% you can invest in bitcoin.
It will be better for you to study first about crypto trading to minimize the risk of losing. Also I dont suggest you to buy small caps altcoins because I think its to volatile.

Topic: Cryptocurrency trading - page 2. (Read 633 times)