Topic: How do you start trading? - page 6. (Read 3271 times)
There are different formats of trading. I started Crypto trading with Bitcoin, by dealing with Local dealers. As I kept on the quest of getting more facts and information about crypto, I ran into online exchanges and I developed myself to an extent. Trading is actually cool, if there are Morales from around one's circle.
Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.
You have written here the right things. You should know all pros and cons of trading to come to a conclusion if it can become really your business. Otherwise, you will fail.
You have to choose your earning strategy based on your character traits.For starters, study scam ICO history and history of how shitcoins have sprung about. That way, you will be a little familiar if a coin is turning into a shitcoin or not(and if an ICO is already becoming or will be a scam). You can also try testing on trading on small amounts of money first while practicing and if you get the hang of it, only invest big by then.
Although trading may seem an appetizing business, I must admit that this is not suitable for everyone, because the statistics of trading specialists are clear and seem to indicate that more than 90% of those who try it tend to fail at any given time. But it is well worth taking the risk, because even those who have become expert traders had to take their first steps as newbies, learning from mistakes and stumbles.
But for the sake of your personal economy and your emotional well-being, you should only start your first experiences investing the capital that you can afford to lose, taking into account that the chances of success are against you, since you have only 10% of possibilities of long-term success.
But for the sake of your personal economy and your emotional well-being, you should only start your first experiences investing the capital that you can afford to lose, taking into account that the chances of success are against you, since you have only 10% of possibilities of long-term success.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
in crypto trading, in my opinion it is also very interesting, the loss in crypto trading is of course a risk that we have taken, but we will not experience continuous losses in crypto trading, we must be able to learn from mistakes we have done, So the beginning of crypto trading is, that we must learn to know the movements of altcoin prices on the market, and you must first check the coins you want to buy. Can you share guys how do you start with this line?
to be able to start trading, surely you need capital that is used to buy coins or buy cryptocurrency and after that you must be able to know the right time to buy and sell coins so that you can benefit from trading, if you don't have it all you should be able to study and try to find trading capital first.
I don't know more about Crypto trading but I just follow this rules...
buy When market is red
sell when market is green...that's it
buy When market is red
sell when market is green...that's it
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Can you share guys how do you start with this line?
I guess it is important that we'll have enough knowledge about trading so we'll manage to face uncertain losses by having a good profit we should know all the basics and fundamentals of trading to transact well and for us to gain better rather than lossing because of having not enough knowledge.
First u must fail than u will have enough experience. So to not lose a lot of money start with the small amount of money trade for several weeks or months. Than if you feel that you have enough failures than start with more money . Experience is very important.
Perhaps, you can start with paper trading or backtesting your strategies. After that, you can start by putting 0.5% of your deposit into a trade
In my opinion you should be up on youtube learning where I find there are quite a lot of people involved in learning and lifting knowledge, so I think the market will recover. We can see that at some point the market will recover
Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.
Yes.Make sure you know already the basics in trading before engaging into real trading.And yes learn by asking suggestions from the seniors maybe through bitcointalk forum because they will surely give you good advices.And start trading even with a small amount,that's fine as long as you trade for profit and not with emotional satisfaction.
I used to start trading Forex and options. The principle I understood even then, how the market works, how the price moves, what whales and bears do. When I came to crypto. I realized that here the principle is exactly alike. Everything is the same as there. Only other assets, and so all the same. I recommend you to take a trading course.
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Can you share guys how do you start with this line?
Trading is very risky because the market price is based on supply and demand but you can always try to invest when the market is currently dumping just like what is happening right now.
Before you start investing, it's good to learn what crypto trading is. This will really help you. In addition, learning from seniors who are already experienced. And you can start your trade well. If you ever lose, that doesn't matter because the trade is profit and loss. Minimize your losses by holding coins if the price is down.
1 drawback to 5500 dollar , sets us right up for the decision end of this month... if not in our favor it will steadly grow untill march... where the decision will be approved for sure... so end of this month or in march
Trading is very risky they said and the information to learn is very wide , every losses and profits is a experienced that is why I'm very interested in trading , yet i don't know where i should start .
Can you share guys how do you start with this line?
Can you share guys how do you start with this line?
The first thing I did was to familiarize things like using exchanges and transacting. I did not care what altcoin I choose. I just picked what I often heard but I did not buy a lot and just small amount to test if I'm doing the right thing. And then after that I did the research because using the tools are much more complicated that studying them.
Everybody should start by getting the information about everything, which is connected with the cryptocurrencies and trading. Only after that, you should deal with it.
Lean the most common indicators: OBV, RSI, StochRSI, Bollinger Bands.
Learn the meaning of certain candles
Learn as much candle-patterns as you can
Papertrade untill you're comfortable, profitable and trust your own analysis.
You're ready to step in to the game. Welcome.
Learn the meaning of certain candles
Learn as much candle-patterns as you can
Papertrade untill you're comfortable, profitable and trust your own analysis.
You're ready to step in to the game. Welcome.
Before trading I learn how to trade through youtube channel that will guide me some trading methods and thanks to that I will get experience plus learning it will help me have the knowledge of trading. better
First you should have knowledge in trading so try to search trading tactics on internet and read some books about trading but its better to start trade with a small capital while studying trading cause I believe that experience is the best teacher and also listen to the advice of well-experienced trades here in forum.
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