How do I start trading? - page 2. | Bitcointalksearch.org

Lordhermes

sr. member

Activity: 1232

Merit: 379

Quote from: doremonchina on September 19, 2021, 07:08:58 AM

now if you can start trading then first of all you can make account on crypto exchange like binance hotbit etc then creat account and amke a secour wallet then verify your account and add some funds and start trading but first make sure that you should follow proper signals and study graph carefully otherwise you will loss your all money if market in dip then pick a coin and hold for some time a hour a day or a months and sell a coin in a profit one thing remember that never sell in loss if your coin going to dip then hold it always keep pataince in crypto. best of luck

Thank you for your candid suggestions,patience is the key to trading and not loosing.If want to trade and you are not the type that exercises patience,then there is every tendency and possibility that you will loose your money.
But when you hold your coin for sometimes,calculating the best time to sell after some months,then likely,you will have an amazing profit that you never expected coming.Just hold your coin,invest with a little first,don't just dive into investing big,try a little and see the profit.

South Park

hero member

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I am terrible at Fantasy Football!!!

Quote from: Desmong on September 18, 2021, 06:10:51 PM

Quote from: checkmatesir on September 09, 2021, 12:39:05 PM

Trading is a successful way of earning if you have some possible strategies and have some amount to invest, whether the amount is small or the amount is large, but the main difference between small capital which can give you small earning and big capital can give you big earning. So, it depends upon you, what do you want?

Have this in your mind, not everybody that is trading will be successful. Some traders are in the market to make way for other traders to earn why other are solely in the market to a serious earnings without fear and with obvious understanding about the market.
To start trading, you need to go and learn the skill not relaxing on the reply you are going to get from here. Trading is interesting when you know what you're doing.

In fact it is the opposite, there are many studies that show that the huge majority of traders lose most of their funds in less than a year, and the few ones that are profitable do not earn much, there is a very small minority of traders that can actually make a lot of money but their numbers are very small, they probably compromise only 1% of the traders in all markets and yet the majority of those that join this market think they can become one of them even when they know nothing about trading, a notion that seems naive at best.

doremonchina

jr. member

Activity: 210

Merit: 1

now if you can start trading then first of all you can make account on crypto exchange like binance hotbit etc then creat account and amke a secour wallet then verify your account and add some funds and start trading but first make sure that you should follow proper signals and study graph carefully otherwise you will loss your all money if market in dip then pick a coin and hold for some time a hour a day or a months and sell a coin in a profit one thing remember that never sell in loss if your coin going to dip then hold it always keep pataince in crypto. best of luck

Desmong

member

Activity: 812

Merit: 13

Crypto bookmaker and casino

Quote from: checkmatesir on September 09, 2021, 12:39:05 PM

Trading is a successful way of earning if you have some possible strategies and have some amount to invest, whether the amount is small or the amount is large, but the main difference between small capital which can give you small earning and big capital can give you big earning. So, it depends upon you, what do you want?

Have this in your mind, not everybody that is trading will be successful. Some traders are in the market to make way for other traders to earn why other are solely in the market to a serious earnings without fear and with obvious understanding about the market.
To start trading, you need to go and learn the skill not relaxing on the reply you are going to get from here. Trading is interesting when you know what you're doing.

bhooscream

full member

Activity: 728

Merit: 117

Maybe you need to start with what exchange do you want to use.
Because every exchange will also have different ways or strategies of trading, but actually they may be the same.
And because you are new in trading, please only trade in Spot exchange.
You can learn by doing.
For example, you choose Binance. So please focus on Binance at first.
You can start by learning about cryptocurrency, fund management, chart, and also some types of trading.
And don't watch too many videos because you may be confused again and again.

South Park

hero member

Activity: 2856

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: zaesvlas on September 17, 2021, 02:01:22 PM

As for me, the only reliable way to start your way in trading is to start it with a demo account. Otherwise, you can simply pay too high a price for training on a real account.

Practicing with a demo account is without a doubt important but we also need to to recognize the limitations of such accounts, it is very easy to think that just because you are making profits with your demo account that the same is going to happen once you make the switch and you begin to use real money but this is not true, the markets can make you to take decisions that even if you know they are wrong you still take them, and the main difference is that money is now at stake and this changes your decision making process making you more likely to make mistakes.

zaesvlas

jr. member

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As for me, the only reliable way to start your way in trading is to start it with a demo account. Otherwise, you can simply pay too high a price for training on a real account.

Hobo66

hero member

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Merit: 502

First, you should know about trading. You should follow the rules and strategies of trading. If you start trading by investing less money, you will have fewer benefits and fewer loss. If you start trading by investing more money, then you will get much more benefits and if you lose then the loss will be more.

gamer4156

sr. member

Activity: 1008

Merit: 250

You can begin exchanging on crypto and for exchanging need some asset as a fledgling however you wouldn't anything be able to without right dissect about market and about altcoin. Exchange just with your pre-arranged cash and consistently put away assets. Start with a little capital with the goal for you to have a few encounters on the lookout and for you to test things and gain information. Continuously the objective is the benefit even you lose by the day's end benefit is the count here.

carlisle1

hero member

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Quote from: Sayeds56 on September 15, 2021, 02:19:41 PM

Quote from: xmonkeyx on August 11, 2021, 12:47:10 PM

you can learn it through youtube or a website that discusses Atlcoin trading and you can learn it directly by going directly into trading with small capital it is very helpful to deepen knowledge and gain experience, that's the way I did it when I started trading.

Before you jump into trading, please decide whether you want to invest for long term or short term. If you want to invest for long term then buy coins from top 10 on coinmarketcap and hold them for long term because they are good projects and have shown good performance during the past years. For trading I would suggest you to learn Technical Indicators because they are very helpful to make Entry and exit decision while trading on daily or weely basis. MACD, RSI and Moving averge are good indicators and you can learn them by watching videos on youtube.

https://www.youtube.com/watch?v=P7qikc4439g

https://coinmarketcap.com/

It's not necessarily to invest with top 10 alts if you are aiming for long term hold, the best thing to do is to investigate and study

all the prospects that you have, a coin that have good team behind and have the right tools to offer success needs time to continue the development.

The kind of project that will manage to provide great success in the long run, it takes time and developers dedications to serve the usefulness of the coin that they are promoting to all target investors. it's all about knowing the project and understanding the value.

blockman

hero member

Activity: 2660

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Vave.com - Crypto Casino

Quote from: afroza83 on September 16, 2021, 12:27:36 PM

Just like fiat finance, to invest in cryptocurrencies you need a place where these coins are traded. To commence you will need to register and put some funds into your account, and then start buying and selling crypto.

That's an exchange where you have to buy that crypto you like to start with. It's also possible that someone you know can trade with you personally and send the assets directly to your wallet and that's what we call Peer-to-peer trading and also known as P2P trading.
As the beginners register to the exchanges, it is known that many exchanges are asking for a KYC to verify your identity and that's also the start if you're okay to send those IDs to those popular exchanges or not. There are still some reputable exchanges that don't ask it but with a limit.

Theones

full member

Activity: 1204

Merit: 110

Quote from: Sayeds56 on September 15, 2021, 02:19:41 PM

Quote from: xmonkeyx on August 11, 2021, 12:47:10 PM

you can learn it through youtube or a website that discusses Atlcoin trading and you can learn it directly by going directly into trading with small capital it is very helpful to deepen knowledge and gain experience, that's the way I did it when I started trading.

Before you jump into trading, please decide whether you want to invest for long term or short term. If you want to invest for long term then buy coins from top 10 on coinmarketcap and hold them for long term because they are good projects and have shown good performance during the past years. For trading I would suggest you to learn Technical Indicators because they are very helpful to make Entry and exit decision while trading on daily or weely basis. MACD, RSI and Moving averge are good indicators and you can learn them by watching videos on youtube.

https://www.youtube.com/watch?v=P7qikc4439g

https://coinmarketcap.com/

Apart from that I would suggest to read posts here on bitcointalk.org on daily basis specially posts of senior, hero and legendary members. They are the one who are in crypto for quite a while. This forum and resources are completely free.
I would also suggest to adopt long term investment plans, since long term investment is tested and secured strategy while there is too much risk in short term.

afroza83

newbie

Activity: 336

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Just like fiat finance, to invest in cryptocurrencies you need a place where these coins are traded. To commence you will need to register and put some funds into your account, and then start buying and selling crypto.

Sayeds56

copper member

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Eloncoin.org - Mars, here we come!

Quote from: xmonkeyx on August 11, 2021, 12:47:10 PM

you can learn it through youtube or a website that discusses Atlcoin trading and you can learn it directly by going directly into trading with small capital it is very helpful to deepen knowledge and gain experience, that's the way I did it when I started trading.

Before you jump into trading, please decide whether you want to invest for long term or short term. If you want to invest for long term then buy coins from top 10 on coinmarketcap and hold them for long term because they are good projects and have shown good performance during the past years. For trading I would suggest you to learn Technical Indicators because they are very helpful to make Entry and exit decision while trading on daily or weely basis. MACD, RSI and Moving averge are good indicators and you can learn them by watching videos on youtube.

https://www.youtube.com/watch?v=P7qikc4439g

https://coinmarketcap.com/

South Park

hero member

Activity: 2856

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: ongsy89 on August 11, 2021, 02:45:03 AM

Hello everyone, I just got introduced into crypto by a friend and would like to know how do I go about doing it. Have went through lots of tutorials from different places but did not quite understand how to use them and what to see. That's when I thought a forum would be the next best place to place such a question.

A forum is a great place to try to obtain more deep information once you have some knowledge about what went right and what went wrong when you were trying to learn about trading, but it is not the best platform when it comes to a complete newbie trader making their first steps in the market, and this is because there are hundreds of ways to trade the markets, all of them are effective but can be very different and this will only confuse you and will not aid you in your development.

AakZaki

legendary

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Youtube Channel = Aak Zaki

Quote from: Smitty Werben Man Jensen on September 13, 2021, 07:09:27 PM

Besides that, it must be realized that in trading we cannot immediately make a lot of profit, however it is not easy,
the risk is also great so indeed before starting to trade they must really have capital or preparation,
who must continue to learn because it's important

Indeed, nothing is instant and everything requires a process. Beginners will not get profit in just one trade. It took several times to get the profit. But losses will also lurk. Capital is really needed, but what is most needed is preparation and knowledge of trading. Do not trade without knowledge, without understanding how to read the market, because it will only lead to mislead and harm.

Smitty Werben Man Jensen

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COMBONetwork

Quote from: AakZaki on September 13, 2021, 01:16:12 PM

Quote from: ?? on ??

Don't do day trading at the start. Try to focus on trades that take couple of days, until you get your way into it and know the subject more. Day trading needs a lot of time and if you don't know what are you doing you can lose a lot of money in short period of time.

One word I say to a friend who is about to start trading is intention. Second dare to lose money or capital. The third intention is to keep learning and don't give up. Having people who intend is very difficult, many of my friends can't stand it and quit because they lose money.
After you have all three, of course you can try the demo platform, after that use a real account with small capital. Once you are proficient enough, it's up to you.

Besides that, it must be realized that in trading we cannot immediately make a lot of profit, however it is not easy,
the risk is also great so indeed before starting to trade they must really have capital or preparation,
who must continue to learn because it's important

ReiMomo

sr. member

Activity: 2366

Merit: 305

Duelbits - $100k Bonus/week

Quote from: ?? on ??

The first thing you need to do is start trading. You need to choose an exchange platform on which you will start trading Do you need to sign up for that exchange platform Gmail? Do you have to pass KYC verification there?Then you can buy different coins with your dollars and start trading. However, the verification must be very strong.

Start with paper trading if you have decided to go with trading. Completely analyze the best coins in the market which have high trading volume in best exchanges. Choose the coins that are below a dollar. Start with $100 in the beginning. As said, once you are familiar with paper trading, then yes invest this $100 into the best coin.

When you are confident enough, you have yes, obviously invest more as much as you can. Go for a long term trading and learn to be patient enough. Do not panic when the market is manipulated often.

AakZaki

legendary

Activity: 2268

Merit: 1074

Youtube Channel = Aak Zaki

Quote from: ?? on ??

Don't do day trading at the start. Try to focus on trades that take couple of days, until you get your way into it and know the subject more. Day trading needs a lot of time and if you don't know what are you doing you can lose a lot of money in short period of time.

One word I say to a friend who is about to start trading is intention. Second dare to lose money or capital. The third intention is to keep learning and don't give up. Having people who intend is very difficult, many of my friends can't stand it and quit because they lose money.
After you have all three, of course you can try the demo platform, after that use a real account with small capital. Once you are proficient enough, it's up to you.

pandev77

newbie

Activity: 2

Merit: 0

Hello Guys im also an Begginer i want to ask which Time Interval in the best for trading for begginers? Thanks!

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