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Topic: How do you start trading? - page 8. (Read 3271 times)

newbie
Activity: 70
Merit: 0
September 04, 2018, 12:59:33 PM
The only advice I can give is to research very well and study how to trade. You can alternatively get a mentor that can help you as well in this trading and start trading profitably with his or her help
sr. member
Activity: 882
Merit: 250
September 04, 2018, 06:54:15 AM
Study first the basics before getting involved with any trading activities. Start small. Do not put all your investments in just one crypto.

First of all, think over all the pros and cons of trading. Answer the questions if you are ready to spend on this business for at least 5 hours. Be ready to lose sometimes - it happens.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
September 04, 2018, 06:23:58 AM
For the new traders and I,  it's important to start with learning all you can about the subject of trading generally,  familiarise yourself either trading processes and learn about cryptocurrency and bitcoin in particular.  Nice you are ready,  start trading what you can afford to lose first and then you will have experience to trade big in the future!
Yea. Its easy to say like that, but in reality I doubt you are even following whatever you said this time. Most likely you just lose and can't move on with your losses, familiarize yourself on trading is fine but if you can't thinking out of the box and just following the general ideas you would probably lose more.
hero member
Activity: 966
Merit: 517
September 04, 2018, 06:17:43 AM
It is very difficult to start trading at the first time, this will require adjustments in order to get used to. To start trading we must be able to choose the right coin, because if it is wrong it will definitely be detrimental and will not get profit. Seeing crypto is very risky and a lot of scam coins so this must be considered. After that to start trading in small amounts, this aims to minimize losses.
One thing any new trader must know is that you will be making a whole lot of mistakes even after learning because practice is what brings the perfection in the first place and you cannot practice anything without knowing about what you are practicing first and how to go about things, and you cannot get the experience and confidence without practicing.

This is a very volatile space and that makes it a whole lot risky, so it is important to know it is not just some rocket science and you just picking a platform to start trading immediately.
hero member
Activity: 784
Merit: 500
September 04, 2018, 06:02:07 AM
I started trading the first time I often suffered losses and even the loss was not a small number but a very large loss because I did not know how to trade properly and right now I was able to know how to trade well and correctly so that I could get a profit.
full member
Activity: 392
Merit: 112
September 04, 2018, 04:33:37 AM
I started trading by last year only, I started with small amount, like around $100, and I already tippled it already, but I am only a swing trader, I am not very active trader, I just trade when I am in the mood. But, it was really profitable.
full member
Activity: 504
Merit: 106
September 04, 2018, 03:12:54 AM
You should research a lot about trading don't start right away or you'll learn on an expensive way it may also drive you to rage quit. Start slow trading is a marathon not a sprint. Points to research: Technical analysis, Indicators, Patterns, if you learned something backtest.
I believe research is all that is needed for anyone who is enthusiastic about trading. It is not a day's job and it would require a lot of time, effort and patience to learn it right and well before even deciding to embark on the journey, let alone some of the practices you will need to do to get it right and learn from your mistakes. There are resources online search engines, YouTube that can always guide in the right direction and I guess the OP can make such places a start.
member
Activity: 1021
Merit: 12
September 04, 2018, 02:12:31 AM
tell them, to start a trade must know at least the basics of technique trade cryptocurrency. They don't know us because of the loss of many a lot about trading.
newbie
Activity: 29
Merit: 0
September 04, 2018, 02:02:29 AM
For those who want to trade cryptocurrency, there are some important things that must be understood.

A beginner must start by choosing a good reputation exchange that offers a wallet that helps keep the process simple.

A beginner must also start with a prominent coin trading. Currently, in 2018, we refer to coins such as Bitcoin (BTC) and Ethereum (ETH). In the future, this can change.
newbie
Activity: 90
Merit: 0
September 04, 2018, 01:42:13 AM
The First According To What I Must Do Is To Ask The Expert In Trading, Then The Second I Observed The Market First And Researched About Trade, every loss and profit was a very valuable experience and it became learning, so I had to be careful in trading so as not to experience Big loss
member
Activity: 742
Merit: 42
September 04, 2018, 01:16:10 AM
Before you start make sure that you have a basic knowledge in trading fundamental.
We know how risky trading is so you must invest what you afford to lose. I recommend that you should start trading by Erc20 token like ocn which very cheap. Next you have to choose a trading platform which is good in terms of trading volume so that you'll notice the movement of the price from time to time. I recommend huobi pro and kucoin. just try to play ocn that worth $20, I guarantee you that you will enjoy trading it and the same time you can get an idea how the price movement works. Learn scalping trading.
jr. member
Activity: 448
Merit: 5
September 04, 2018, 01:14:27 AM
I start trading when the prices of altcoins fall just because I'm going to start earning money because of the big potential that altcoins prices rise when you buy them at a cheap price.
newbie
Activity: 126
Merit: 0
September 04, 2018, 12:41:49 AM
In my point of view, it is best to start by learning the fundamentals in
trading, then study the basic tools and then by doing actual trading.
copper member
Activity: 90
Merit: 0
September 04, 2018, 12:30:16 AM
Study first the basics before getting involved with any trading activities. Start small. Do not put all your investments in just one crypto.
member
Activity: 420
Merit: 10
September 04, 2018, 12:21:10 AM
#99
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?
Many investors have lost money since they started entering the market. this is inevitable. If you have the patience to read books on investing in securities, it will help you a lot. Otherwise, you can invest with a little capital and then learn about the market more easily.
member
Activity: 210
Merit: 10
“Tackling Climate Change Using Blockchain”
September 04, 2018, 12:09:19 AM
#98
For the new traders and I,  it's important to start with learning all you can about the subject of trading generally,  familiarise yourself either trading processes and learn about cryptocurrency and bitcoin in particular.  Nice you are ready,  start trading what you can afford to lose first and then you will have experience to trade big in the future!
newbie
Activity: 30
Merit: 0
September 03, 2018, 11:49:42 PM
#97
Trading is very risky...you need to ready to lose what you only can afford to lose. Another factor that you also need to consider is looking for the best exchange. An exchange that has major crypto pairings available and can list new tokens just like IDCM exchange. They list some of the new tokens.

Been hearing about this IDCM exchange, they listed GEX and NPW there right?

That is right aside from that IDCM offers trading promotions. Know more about them through website: www.idcm.io or join their TG channel: https://t.me/IDCMOfficialTelegramGroup
newbie
Activity: 38
Merit: 0
September 03, 2018, 11:44:37 PM
#96
Trading is very risky...you need to ready to lose what you only can afford to lose. Another factor that you also need to consider is looking for the best exchange. An exchange that has major crypto pairings available and can list new tokens just like IDCM exchange. They list some of the new tokens.

Been hearing about this IDCM exchange, they listed GEX and NPW there right?
newbie
Activity: 30
Merit: 0
September 03, 2018, 11:39:20 PM
#95
Trading is very risky...you need to ready to lose what you only can afford to lose. Another factor that you also need to consider is looking for the best exchange. An exchange that has major crypto pairings available and can list new tokens just like IDCM exchange. They list some of the new tokens.
jr. member
Activity: 139
Merit: 5
September 03, 2018, 10:50:26 PM
#94
I started trading, I used to study and try, learning to trade is not easy, we have to learn or observe coins that are moving, then we have to buy coins whose prices are decreasing, all if not started by learning will not understand or can.
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