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Topic: How can I earn from cryptocurrency as a starter? - page 6. (Read 2553 times)

hero member
Activity: 910
Merit: 507
Trading is more fun when you are skilled in it, but as a newbie how

can one become skilled the answer is simple try to get the basic

trading knowledge and choose the best coun to org your trading in

and try a single coun trading for some time before you add another women pairs.

If possible try this technique for over a year before switching to pro

trading to minimize the level of your risk involvement.
sr. member
Activity: 672
Merit: 273
I will advise you to first master the market conditions of most top-performing coins and if possible you get a trading tutor who will put you through, one of the most frequently used trading formats by newbie copy trading.

This is done in a way that, you copy the trading matrice of a pro trader that way the newbie will minimize his chances of losing the trade.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
At the beginning, I also saw that other friends made profits in it, so I became interested in encryption, but I don’t know much about the market. I asked my friends to teach me, and I lost money at the beginning, but my mentality was fine.

Losing is part of learning process and you just need to continue what you are doing, learn from different type of information's you heard because from that you can develop some skills that can help you set your own trading plans. You can also search for informative videos to help you up visualize things on trading's and lastly never use any huge amount on trading while you are still learning. Using small amount only can help you get an experience and see how market works in basic ways then after that its up for you to develop more.
newbie
Activity: 23
Merit: 0
At the beginning, I also saw that other friends made profits in it, so I became interested in encryption, but I don’t know much about the market. I asked my friends to teach me, and I lost money at the beginning, but my mentality was fine.
jr. member
Activity: 154
Merit: 1
Nice presentation, but today pitupi trading is very ricky. Crypto currency trading has been strictly prohibited by the Bangladesh government and the law and order Force are doing their work accordingly. Maybe many people have learned  to slap after seeing  this Post,  but when you create an order,  make  sure that the order or trade is whit someone whose trade is 700 or more. Although Binance p2p facility is very good but here your Personal Data is not safe at all.
sr. member
Activity: 652
Merit: 321
I'm going to keep it very simple

Buy Bitcoin & HODL

Everyone who has held 5+ years is doing very well Smiley
legendary
Activity: 3094
Merit: 1127

Do you know that during the bear is the right time to start trading?
yes this correct because during the bear you buy some coin or bitcoin and during trading you could make some percentage from the initial deposits of funds or better still involving yourself with daily scalping would be more better but it requires lot of cash maybe as from $200 above, but only few could control it otherwise would end-up loosing their funds. This depends only from the market changing from 3% to 8% of the day you could sell and waiting for market to take another steps or falls below the previous percentages to buy again by this you could make some daily payout.
This is what you called swing or trend trading but we know that there are traders who do really actively make out buy and sells no matter what the trend is? No matter on what kind of trader you are or
on when you do make out some entrance. You could really get in on the market if you wanted too but of course in most cases where noobs will really should be considering on studying and observe out
and its not really that bad to enter on a bear market specially when you are just new.Take a good grasps of it and make out some familiarization on how this market behaves.
Everything or everyone do starts one being a noob and you would eventually be able to learn and determine things along the way when you are heading up.
newbie
Activity: 1
Merit: 0
Employees access MyFordBenefits frequently. We have written an article on MyFordBenefits, which includes a guide to how to log into the website, after discovering the website recently. my-ford-benefits.live
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
I also do not advise beginners to start into trading before mastering the basics, especially since trading cryptocurrencies is very different from trading in other digital assets.
Experience in stocks, commodities or any other speculative market gives you the edge though. With that and with a few months of observing the crypto market, one can become a decent trader here.

Quote
On the other hand, there is a good opportunity to learn on some platforms that give new registrants a testing balance with good amounts that enable them to learn before making the first deposit and actually start the process of trading with real money.
Dummy trading can be done on paper too with made up amount of money. I suggest newbies to do dummy trading for at least six months before putting in real money on the line. But may be some less known platforms that do not show bad outcomes to their users, those should be avoided if being done online.

Quote
There are channels that offer good advice for beginners, but I do not recommend them either because there are no guarantees that these channels will maintain the same level of integrity.
Dont recommend such channels or groups to anyone, most of them are scamming their users in one way or another. They take the advantage of newbies seeking easy money and use that to rob them with fake promises, fake memberships and signals.
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino

Do you know that during the bear is the right time to start trading?
yes this correct because during the bear you buy some coin or bitcoin and during trading you could make some percentage from the initial deposits of funds or better still involving yourself with daily scalping would be more better but it requires lot of cash maybe as from $200 above, but only few could control it otherwise would end-up loosing their funds. This depends only from the market changing from 3% to 8% of the day you could sell and waiting for market to take another steps or falls below the previous percentages to buy again by this you could make some daily payout.
hero member
Activity: 2828
Merit: 611
Trading is one of the most risky apsect of cryptocurrency investments. Its a part that isn't meant for beginners to just jump in but, how do you eliminate tha if you don't try?
I guess that's why we've got demo trading. It's one way to learn. You read, watch educational contents and you practice. Practice on a demo trade until you come up with something or some strategy that you are sure works. Then you could think of going lice and there, yiu learn to control your emotions.

Still, trading isn't always the best part start for a beginner but, you could always buy ad hold for a long time. The idea of profiting right away would get your loses.
They say that more risk is equals to more reward. That can also define trading. Anyone can learn it even the newbies and as long as they will follow all the steps carefully, they can become a good trader later on. Many says that investing is less risky.

It is true but despite of it, a lot of people are still losing huge on it. Sometimes there is nothing wrong about choosing between investing and trading but it will mostly matter on the person that is doing it. If they are not taking things seriously then it's always possible for them to lose even if they already choose investing and other ways to earn a crypto which are known to have a less risk.
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
You can learn from this forum to know when to buy from the crypto market and when to sell in the market, which are very important to newbies to understand some of the strategies potential traders are  using to remain in profits making in the community. Just be more focus on your personal research in the community, which is also part of some of the things that will make you to improve in cryptocurrency trading to enable you to achieve what you want.
hero member
Activity: 2338
Merit: 757
To get crypto, of course, there are many things that can be done. and one of them is by trading. but for beginners, of course, there are many steps that must be done so that you don't make mistakes in starting trading.
I don't advise a newbie to get in trading as quick as he can. It's not going to be a good start for them if they want to earn. But let's adjust and think that a newbie gets on trading.

Even if he adjusted a lot and tried to eliminate his losses. It's normal to have those losses because even the best traders in the world, they can't skip to have any loss.
I also do not advise beginners to start into trading before mastering the basics, especially since trading cryptocurrencies is very different from trading in other digital assets. On the other hand, there is a good opportunity to learn on some platforms that give new registrants a testing balance with good amounts that enable them to learn before making the first deposit and actually start the process of trading with real money.
There are channels that offer good advice for beginners, but I do not recommend them either because there are no guarantees that these channels will maintain the same level of integrity.
hero member
Activity: 1036
Merit: 674
To get crypto, of course, there are many things that can be done. and one of them is by trading. but for beginners, of course, there are many steps that must be done so that you don't make mistakes in starting trading.
I don't advise a newbie to get in trading as quick as he can. It's not going to be a good start for them if they want to earn. But let's adjust and think that a newbie gets on trading.

Even if he adjusted a lot and tried to eliminate his losses. It's normal to have those losses because even the best traders in the world, they can't skip to have any loss.
Trading is one of the most risky apsect of cryptocurrency investments. Its a part that isn't meant for beginners to just jump in but, how do you eliminate tha if you don't try?
I guess that's why we've got demo trading. It's one way to learn. You read, watch educational contents and you practice. Practice on a demo trade until you come up with something or some strategy that you are sure works. Then you could think of going lice and there, yiu learn to control your emotions.

Still, trading isn't always the best part start for a beginner but, you could always buy ad hold for a long time. The idea of profiting right away would get your loses.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
To get crypto, of course, there are many things that can be done. and one of them is by trading. but for beginners, of course, there are many steps that must be done so that you don't make mistakes in starting trading.
I don't advise a newbie to get in trading as quick as he can. It's not going to be a good start for them if they want to earn. But let's adjust and think that a newbie gets on trading.

Even if he adjusted a lot and tried to eliminate his losses. It's normal to have those losses because even the best traders in the world, they can't skip to have any loss.
newbie
Activity: 12
Merit: 0
To get crypto, of course, there are many things that can be done. and one of them is by trading. but for beginners, of course, there are many steps that must be done so that you don't make mistakes in starting trading.
hero member
Activity: 2828
Merit: 611
No need to be worry about the current market situation. Every time you can make profit in Crypto market but it's need some knowledge and experience. There are some coins which are available in Binance exchange in BTC pair like Wabi,oax and Qlc . You can check these coins and start trading with low amount. There up and down rate is very good and you can trade daily bon these coins but buying and selling point should be remembered. Try to learn Chart Reading and Start DCa on these coins.
I am not familiar about those 3 coins you said there. Not that they are listed in binance, they are already safe to trade with but I've seen a lot of coins in binance who also fail miserably. What are those coins utility anyway or their specialty for us and other people to get attracted on them? The OP mentioned btc so he is already okay with it but what he only need right now is a guide on how to get good at trading btc.

This might help you out OP > https://www.ig.com/en/bitcoin-btc/how-to-trade-bitcoin. Btc is very volatile which is why btc alone can be perfect for trading. We can worry less about it since we are sure that it won't turn into a scam like what are happening on other coins that are being traded by some traders. Btc is also great for hodling or investing purposes, preferably long-term.
legendary
Activity: 2758
Merit: 1228
No need to be worry about the current market situation. Every time you can make profit in Crypto market but it's need some knowledge and experience. There are some coins which are available in Binance exchange in BTC pair like Wabi,oax and Qlc . You can check these coins and start trading with low amount. There up and down rate is very good and you can trade daily bon these coins but buying and selling point should be remembered. Try to learn Chart Reading and Start DCa on these coins.

This is what the main concern of newbies since they afraid to lose money for wrong actions they do that's why they need to focus first learning technical things before stepping in on their trades. Fundamentals is very important but to practice this all better start with small amount to test the water around.

Your trade pairs suggestion is good but also he can explore more and also see those listed on coinmarketcap maybe from there he can also get an idea about coins and how the market goes for a while.
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
No need to be worry about the current market situation. Every time you can make profit in Crypto market but it's need some knowledge and experience. There are some coins which are available in Binance exchange in BTC pair like Wabi,oax and Qlc . You can check these coins and start trading with low amount. There up and down rate is very good and you can trade daily bon these coins but buying and selling point should be remembered. Try to learn Chart Reading and Start DCa on these coins.
sr. member
Activity: 1097
Merit: 310
Seabet.io | Crypto-Casino
Youtube and google is the best place to start with. You will find tons of videos based on different skills from where you can earn money in crypto. No matter what you do you need to have skills or money to invest.
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