focus | Bitcointalksearch.org

ylnar123

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Activity: 350

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Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

I suggest to explore more, do more and get out of your comfort zone. Trading includes money, so being meticulous on your move is important. Focus on on coin per trade only to avoid any confusion on your trades.

Fatunad

sr. member

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Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

Yes you should only focus on one coin which you should practice on how price volalitility behaves on this cryptomarket.Dont rush out on multiple coins because this would really make things even more harder and confusing for you.Its better to focus on single than on rushing up yourself into lots of coins. Gradually increase your knowledge as you trade along the way. Experience will give the add ups into your learnings about on doing trading.Skills will be enhanced but would depending on how you do accept past mistakes.

peter0425

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Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

Yes, since you are just a newbie, it would be too overwhelming if you are going to have multiple investment. You need experience to be able to hold and maintain your portfolio. At least if you just focus on one coin, chances are you might gain not only profits and experience as well that will aid you if you decided to invest or having many coins in your portfolio.

I started though on the wrong foot, buying a lot of coins and then not having that experience resulting on profit lost on my end at the very beginning. But as what the say, experience is your best teacher. So thru time I was able to understand how to better equip myself in handling diversification.

liuqi

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LuckyB.it is Back!

Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

If you want to choose a right coin you should research your own because trading is little risky platform so I suggest some coin but it will down in suddenly you may suffer. So the best way is choose the Bitcoin and you must hold for long term it will make good profit. But if you looking to trading you should choose potential altcoin and only one coin is more risky in trading so better you pick the two coins.

crypmike

sr. member

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A newbie should read books, watch youtube lessons and do everything to improve his trading skills imo
Trading without money... the same as present them to experienced traders
Manage your risk, practice without money
But if you want to try — try on any high-cap altcoin from the top 10

Kim Ji Won

full member

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Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

For starters, yes you can focus on one coin first to get the gist of trading then learn from the experience you acquired and use it to your next trading. A piece of advice from me is that try picking on the top 100 coins in the coinmarketcap.com whose price is undervalued at the moment but has a huge potential of doubling up in the future.

1020kingz

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Quote from: lushlifing on April 22, 2018, 10:22:05 AM

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

As a newbie yes you can focus on one coin to practice your trading skills, as what you have said you’re not good in technical analysis, i suggest to focus your trade on bitcoin or ethereum. Try to buy and sell one of this coin and when you got the technic and learn how to trade, you can go out on your comfort zone and try to trade some other coin. In this case i advice you to split your investment into two or more coin if possible to avoid great loss of investment.

lushlifing

newbie

Activity: 196

Merit: 0

Good day fellow traders, I'm not really good in technical analysis, but for a newbie should I just focus my trades in just one coin? your thoughts?

Topic: focus (Read 132 times)