Topic: How did you get started in trading? - page 2. (Read 351 times)
I started trading when I get free altcoins from airdrops and bounties. The altcoins that i got had been traded by me.
I was just an avid lurker on the Wall Observer thread before it was filled with constant spamming from bears and bulls. The charts being posted in there everyday seemed to be an unsolvable puzzle for me, but I was fascinated on how these freaks on the internet make money by buying and selling bitcoins over and over, every, single day. So I tried what they're doing and lost a few dollars, until I come up to a conclusion that trading isn't really for me. After stopping for quite a while, I checked up the now-defunct Mintpal for Blackcoin since I remember I still have some staked in my wallet back in 2015. So I tried to send it, and amazingly my timing was good since it was the time when people wanted to pump blackcoin from 9000 satoshis to 21 thousand. After that I always thought that it'd be the same thing until I started studying graphs and charts posted in tradingview. Up to now I'm still trading, albeit only with small amounts. But the good thing is I'm still profiting even with 5-12% every week.
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets. Though I have mutual funds and select stocks, I never got around to trading. With crypto exchanges, I've only bought or sold. I'm curious how newbies and the "uninitiated" got started in trading and playing the dips, lows, and swings. Which were the most helpful resources you found? It can be a BTT thread or blog. Where did you first trade? Thanks for sharing!
I think that in crypto world only one strategy works buy and hold so I think your skills are enouhg for this.
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets. Though I have mutual funds and select stocks, I never got around to trading. With crypto exchanges, I've only bought or sold. I'm curious how newbies and the "uninitiated" got started in trading and playing the dips, lows, and swings. Which were the most helpful resources you found? It can be a BTT thread or blog. Where did you first trade? Thanks for sharing!
Out of confusion and eagerness to learned.
Once you involved in crypto, it's unusual that you will not try how trading works and what the hell is that all about? Why people got decent profit out from trading?
While lurking here in forum, you will see lots of users having a nice experience and able to build good winning stats out of trading. You will think now, if they can, maybe you can too. And that's the start of "THE PROCESS".
For a start, spend time to learn some basics then later on try the actual trade. While on they way, believed me, you will automatically soon learned other trading terms. Build experience as that will make you a good and better trader someday.
I work on crypto and forex marker. My trading could be a little different. I originally divide my capital in to three categories and trade it-
1. Trade with a fixed price. For example, 1500$ is my capital, the profit would be 1500$, otherwise the losses would be 1500$.
2. Turn off the trade with 30% profit on a specified capital.
3. We have small trade. For example: Forex marker at 5m to 15m.
1. Trade with a fixed price. For example, 1500$ is my capital, the profit would be 1500$, otherwise the losses would be 1500$.
2. Turn off the trade with 30% profit on a specified capital.
3. We have small trade. For example: Forex marker at 5m to 15m.
I have never made any fx trade other than on demo account of etoro few years back. I made my first real trading with crypto and got attached to it, never moved to Forex or stocks because crypto trading is more profitable and I have better knowledge of crypto rather than those manipulative stocks and forex.
my elder brothers told me about trading.he say trading best way to earn in low time earn good money.but if you have not good experience so it,s risky.then i start trading and i learn about trading.
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets. Though I have mutual funds and select stocks, I never got around to trading. With crypto exchanges, I've only bought or sold. I'm curious how newbies and the "uninitiated" got started in trading and playing the dips, lows, and swings. Which were the most helpful resources you found? It can be a BTT thread or blog. Where did you first trade? Thanks for sharing!
I entered into bitcoin trading for my side income but now it is one of the major income for me trading is one of the toughest business in bitcoin while you are learning the tips and tricks of trading when you learn those things you will definitely make an good earnings in this bitcoin trading .
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets. Though I have mutual funds and select stocks, I never got around to trading. With crypto exchanges, I've only bought or sold. I'm curious how newbies and the "uninitiated" got started in trading and playing the dips, lows, and swings. Which were the most helpful resources you found? It can be a BTT thread or blog. Where did you first trade? Thanks for sharing!
You have simple strategy and as long still get profit you should continue with big money. Never too sure and always follow ( copy cat ) others way, you have to find your own way. Actually, helpful resources is anything ( forum, group, web, blog, etc ) that give you knowledge about crypto trade but for real experience you need practice on the real market with real money. My first trade in bittrex and hitbtc and I think those are still the best, even sometimes they get delay and difficult new rules.
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets. Though I have mutual funds and select stocks, I never got around to trading. With crypto exchanges, I've only bought or sold. I'm curious how newbies and the "uninitiated" got started in trading and playing the dips, lows, and swings. Which were the most helpful resources you found? It can be a BTT thread or blog. Where did you first trade? Thanks for sharing!
before I never do forex trading because many of my friends advise me not to get involved in it. if you are a beginner you just do your initial research in some coin that you think is good, you should use funds that are not too big to avoid big losses .when you have joined the trade slowly you will understand how good and profitable trades or you can find some information in some articles and videos about trading. 
After making 230 dollars selling the free sexcoins I got raining the sexcoin faucet on cryptsy exchange, that is what kinda got me into crypto in a more serious way and that is what made me do my very first trade. I will never forget that, I thought wow I made 220 bucks out of thin air lol and I felt so proud of myself at that time. I have gone on to do a little better, but I could have done ten times better if I had held, sold or bought certain coins at the right time. 
Firstly I started by learning the basical principals and requirements for trading crypto currencies. I consumed long time reading in this forum and elswhere (mainly in related crypto trading blogs) about this field, then I started trading with small amounts. With time I got good experience and I learn how to avoid many mistakes.
I learned the basics in stock trading and stayed for over 2 years.. When I found out that forex and crypto trading is very much similar, I decided to give them a try and found that cryptos trading is very much similar, although with higher potential gains.
Stock trading was my starting point as well.. Now that I have tried trading crypto, I find stock movements really200x slow...
I did not have the experience of trading on Forex. Therefore I started from zero. I read a lot here on the forum. I could read telegram chats. I started trading after learning from a familiar trader.
Newbie Trade & when newbie got experienced they realise the power of holding Good coin. It's life cycle of all crypto world. Trading is profitable but always stick to pc.
I have no experience of stock exchange and FOREX markets. I learn from own experience by spending 1 year in Crypto world.
The most helpful resource is bitcoin talk & crypto twitter profile. Technical analysis - I can't understand, though it's good but for a long-term investor not important it. Volume is enough to understand the market.
Local Bitcoin is first place where I trade BTC for Amazon EGV
I have no experience of stock exchange and FOREX markets. I learn from own experience by spending 1 year in Crypto world.
The most helpful resource is bitcoin talk & crypto twitter profile. Technical analysis - I can't understand, though it's good but for a long-term investor not important it. Volume is enough to understand the market.
Local Bitcoin is first place where I trade BTC for Amazon EGV
I got acquainted with trading 3 years ago. I saw how a colleague trades on Forex. Began to be interested and ask him about everything. And so I became involved. First Forex. Now stocks and crypto.
I learned the basics in stock trading and stayed for over 2 years.. When I found out that forex and crypto trading is very much similar, I decided to give them a try and found that cryptos trading is very much similar, although with higher potential gains.
Before jump in to cryptocurrency trading i was learn about some technical analysis and fundamental analysis of forex trading and binary option trading. I was learn it from google and some video in youtube , and i just learn it by self and continue read some article related trading strategy. Now will be more easy for me to understanding how to trade in cryptocurrency market.
Some people I know who are into crypto trading had previous experience in stock exchange and FOREX markets.
I had no experience whatsoever, i learn't about bitcoin on my cybersecurity lessons in college. Started to be interested in crypto in general and after searching for some weeks, i opened my first account on bittrex. I was trading a bit at random since it was my first time at it, i think that it's obvious that i lost almost all the first trades haha
Which were the most helpful resources you found? It can be a BTT thread or blog.
Usually i go with youtube videos, and i watch as many as i can on the same subject, for example, watching 5+ videos explaining and showing the use of RSI
Where did you first trade?
As i stated above, Bittrex ^^
In order to trade you need a source of information.There are a lot of them on facebook and Twitter, Bitcointalk, Telegram, different sites about cryptocurrency.Choose something for yourself and use it.And various analyzes do not come true for me.
That is the problem. There are so much information over the internet but difficult to digest and take a right decision and on right time because in trading if you miss the time then you will miss the chance to make money from your trade.
I'm most of the time investor but only sometimes if I know that some coins going to announce news and If I see coin prices still reasonable then I will buy those coins to sell on the news day means a short-term trade but not a day trading.
After entering the crypto world first one year I didn't do any trading but only buy and keep good coins. Only after that, I started slowly sometimes trading for quick profits.
Jump to: