How do I start trading? - page 5. | Bitcointalksearch.org

Wawa2013

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Quote from: boyptc on August 20, 2021, 06:04:35 PM

Quote from: Tigerheart3026 on August 20, 2021, 01:15:00 PM

welcome to you in crypto trading arena, if you trying to learn about trading, so many resources you will find in youtube tutorials that's will easier to understand so far from other strategies. in the beginning i would like to recommend small capital if you lose it, you will not affect.

One thing with youtube people that teaches strategies.

It is good to learn to see how it really goes but there are many of them that takes advantage of their viewers. They'll suggest you to buy altcoins that you might not want but because you're a newbie, you're likely to follow it too.

Be aware of that.

It's actually a good thing to learn how to trade crypto properly on YouTube, lots of good content on YouTube, can explain trading technicalities.
But as you said, there are some irresponsible youtubers by promoting certain projects for personal gain. The dangerous thing is that many
beginners believe everything their favorite youtubers say, and followed the advice of those youtubers and ended up losing money. So the conclusion is
only to learn technical things for crypto trading on YouTube, but project selection don't follow what youtubers say, we must do our own analysis
and research before deciding to buy certain projects.

boyptc

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Quote from: Tigerheart3026 on August 20, 2021, 01:15:00 PM

welcome to you in crypto trading arena, if you trying to learn about trading, so many resources you will find in youtube tutorials that's will easier to understand so far from other strategies. in the beginning i would like to recommend small capital if you lose it, you will not affect.

One thing with youtube people that teaches strategies.

It is good to learn to see how it really goes but there are many of them that takes advantage of their viewers. They'll suggest you to buy altcoins that you might not want but because you're a newbie, you're likely to follow it too.

Be aware of that.

Emmychris

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Quote from: john_nautica on August 11, 2021, 04:23:25 AM

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.

The forum mostly if for discussion but people might help you up by giving personal experience and probably links, but if you really want to learn I think you should start trading with small capital and of course try to apply what you have learned from tutorials and if you still not understand what you have learned and how to use them I think you're still not ready to enter the market.

I think the best way for trading first of all is picking an exchange which is suitable to the trader and as a newbie I think Binance is preferable, then use a little capital because small capital makes the trader to be cautious so as not to get rekt while trading, and also not just watching of videos or reading about trading, the technical part of trading is always the best which is why a new trader should always practise all he has learnt.

Tigerheart3026

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welcome to you in crypto trading arena, if you trying to learn about trading, so many resources you will find in youtube tutorials that's will easier to understand so far from other strategies. in the beginning i would like to recommend small capital if you lose it, you will not affect.

NoorulHuda

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First of all welcome to the forum. I am also new in this forum. But I recently read this post which I think is good for you. Because no one can become rich in a single night. Here he/she explained with calculations which will helpful for you.

https://bitcointalksearch.org/topic/m.57665134

But one more thing that is never trade without learning otherwise you will get loss. And always start with a small amount.

awik p

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Quote from: kram31 on August 18, 2021, 12:09:07 PM

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.

Literally speaking dude, you can start trade in cryptocurrency if you have money without this thing you can't start for sure, even you are knowledgeable in this industry. Then second, you must know what coins in crypto you are going to buy, then third you must also know
what type of trade are you here in this field of business, are you a day trader or long term trader?

For the first time getting to know crypto, I only recommend choosing coins and trading long term. for trading such as scalping, I think it should be done gradually, while we learn. if you already have capital, then choosing a good exchange is a must so that our funds are safe

TelolettOm

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Trading in crypto is risky.
Firstly, are you ready with the risks?
if you are ready, have you been learning about cryptocurrency and also everything about trading?
You should know at first the crypto that you want to trade. And of course,e it is better to trade in reputable exchanges to ensure that your funds are safe.
Some people may use the day trade strategy, but it may be too hard for a beginner. I suggest you do spot trading for the short term or not the daytrade. And don't pick the new hype coins because it is too risky.

kram31

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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.

Literally speaking dude, you can start trade in cryptocurrency if you have money without this thing you can't start for sure, even you are knowledgeable in this industry. Then second, you must know what coins in crypto you are going to buy, then third you must also know
what type of trade are you here in this field of business, are you a day trader or long term trader?

Anamika1000

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Welcome to the trading platform first of all, if you want to make some money and get some profit there are a lot of top traders on youtube who show you how to make trading and they analyze the coins and you will get profit through them. Secondly, the most important thing is that you have to learn about some basic strategies in trading because self-learning is very important for you as well.

batang_bitcoin

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Quote from: Coiriel on August 17, 2021, 03:13:52 AM

It is impossible to start trading without having the slightest idea

Actually you can start even if you have zero knowledge. But the thing is, why you should start if you're not prepared and don't have the glimpse of the possibilities of trading?

Quote from: Coiriel on August 17, 2021, 03:13:52 AM

about how to make money here and what you need to know

Making money through trading is already known but the strategies and how you will deal with unexpected trading experience, you must anticipate almost everything on it and have a strong heart as you do so.

Victorycoin

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The first thing to do before you start trading is to learn about trading trying to do market analysis in the first few days and analyzing when the trading charts are going up and down there are also many good teams in the market who could learn a lot about trading from being associated with this trading group. Trading is about rules procedures discipline patience and emotionlessness all of the above you should follow like the words of the scriptures you will not deviate from your predetermined rules and strategies. In some cases you may break the rules a few times but in the long run your fundamentals are bound to suffer if you do not adopt your own trading strategy.

Coiriel

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It is impossible to start trading without having the slightest idea about how to make money here and what you need to know, and most importantly, choose a reliable broker with 13 years of experience, such as Amarkets.

Yatsan

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Leading Crypto Sports Betting & Casino Platform

First thing is to of course learn what trading really is all about because you won't stand a chance to survive in the trading market if you basically do not know anything about it. Next is to educate yourself on how trading works by familiarizing yourself in the market starting from the common coins that are popularily being traded by many traders so you can observe why people are trading them based on their value and of course market movement. Be knowledgeable on reading and interpreting the market flow on chart and use technical analysis and other helping tools for your guidance and helping hand in trading. Of course be picky on selecting coins you want to trade and manage your funds.

fauzan Ichsan

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Quote from: Cling18 on August 15, 2021, 11:45:03 AM

If you want to try it then do actual trading using a small number of funds in the beginning but before that, you also have to learn not just the basics of trading but how you're going to deal with the volatility of the market. There are trusted exchange that offers demo and trial tradings which would help you a lot. Just try to learn continuously because, to be honest, trading is a long process of learning.

I think it's good to learn first and then we start trading, but many of us understand it a little and already want real trading. therefore I agree, because we are still in the learning stage and want to immediately start real trading, then using a little money would be better, so that we immediately find problems in real trading and can immediately learn to solve them

Ziskinberg

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Quote from: fauzan Ichsan on August 16, 2021, 12:55:34 AM

Quote from: Cling18 on August 15, 2021, 11:45:03 AM

If you want to try it then do actual trading using a small number of funds in the beginning but before that, you also have to learn not just the basics of trading but how you're going to deal with the volatility of the market. There are trusted exchange that offers demo and trial tradings which would help you a lot. Just try to learn continuously because, to be honest, trading is a long process of learning.

I think it's good to learn first and then we start trading, but many of us understand it a little and already want real trading. therefore I agree, because we are still in the learning stage and want to immediately start real trading, then using a little money would be better, so that we immediately find problems in real trading and can immediately learn to solve them

Losing a few bucks is not really hurt for us and that is actually more advisable if we are new. And besides, we can make some top-ups if we feel that we are already prepared enough for this. From $100 to $1000 or $10,000, the more you add funds, the more it takes risks on your side but that was not worrying at all if you are sure that you are well-prepared and because this is the only way we could make more profit if we can make it right.

There is a saying "No risk, NO gain..."

checkmatesir

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Welcome to the trading platform first of all and another thing that as a newbie in trading you should start trading from a small capital, and after some time if you are succeeded in earning and knows about the trading strategies then you should start with a big capital, but in trading patience is very necessary. If you don't have patience nothing will work for you and you will lose a lot of money.

TheGreatPython

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Quote from: fauzan Ichsan on August 16, 2021, 12:55:34 AM

I think it's good to learn first and then we start trading, but many of us understand it a little and already want real trading.

Yeah, most of us want to enter in real time environment as early as possible which is the reason once learning about how to put orders for buy/sell, some people get into real trading. Later on, they realize their mistake when finding themselves unable to handle the market fluctuations and unable to protect their capital amount.

Quote from: sherenikaw on August 15, 2021, 07:04:28 PM

Trading is an adrenaline-pumping thing

If you assume that trading gives same kind of simulation of gambling in your emotions then probably you are not fit to approach trading. Because, a stable mindset is very must while trading and if you are easily getting disturbed then in long run you cannot sustain profitable.

sherenikaw

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For me the most important thing in trading is to learn to understand the market and also understand the coin first. By observing the market then we can know what coins are good to trade. In this forum there are many experienced people in trading and of course they will share their experiences in trading. To add insight and knowledge about trading and other crypto worlds, you can study in this forum because there are also many who practice to be able to trade well, including me. Trading is an adrenaline-pumping thing for me because all control is in our own hands and the ups and downs of the market also make us have to be smarter in responding to the situation.

maruf01788

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Before trading know know about cryptocurrency. You're new here, if you go to exchange for trade i am sure you will lost your money. So know more about crypto. Then you can do a trading Course. Spend your times for analysis which altcoins you want to trade.

justdimin

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Quote from: RealMalatesta on August 15, 2021, 09:47:09 AM

Watching market price oscillation along with signals from others will be interesting because you are having future plan of getting into making use of others' signals but when it comes about real term trading you might be finding something different rather than how you are doing right now. But, you are doing perfect to get start with crypto trading still my suggestion to you must be, do not expect the same while you are getting into live trading.

Because, watching price oscillation while we are having open position will not be that much interesting but watching market with our positions are in positive and nearing target levels must be more interesting but that will not happen all the times.

It is also a great way to learn how to trade with some goals setup and everything ready, having a vision always helps. There are too many people like me who just doesn't know what they are doing, I personally just buy buy buy and that's it, I am considered a long term investor which is great because even I wouldn't give myself a name, but since I do not sell unless I am absolutely forced to because of some life stuff, I just keep holding.

However a person who has vision and know what they are doing, know indicators, know the TA inside out then they are going to be a lot better than me, even if they are a newbie they will be better because they know what they are doing and they actually have an aim for it. This is why I think it is quite good that one ends up with learning all those stuff, it will allow them to be a lot more profitable in the future.

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