How to get started? - page 6. | Bitcointalksearch.org

pendekar cinta

full member

Activity: 490

Merit: 100

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

Hi everyone! I am new to trading cryptocurrencies. I am wondering, how did you guys get started? Where did you get your info from? And how do you know/predict which coin is going to be profitable?

Thanks!

If I start trading after having previously mastered knowledge by searching on the website continuously. Problem choosing a coin to run in trading usually I am inclined to pink because of the increase in the selling value in every movement is very fast.

pratik009

full member

Activity: 365

Merit: 108

Simpaly btc trading means buy btc at law price and sell it when price will increase.And I suggests you to get more knowledge about the trading.And this knowledge you can get from Google,YouTube and other cryptoarticles.after you got enough knowledge then you can start trading.you can start trading with very less amount like $10 or more.Best of luck

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

how did you guys get started?

I started when I see people trading here in forum, I don't know about before what trading really is but when I keep on reading discussions about trading I did it by myself.

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

Where did you get your info from?

Here in forum.

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

And how do you know/predict which coin is going to be profitable?

Thanks!

I'm not that good in predicting but I'm also depending to the suggestions and tips of other traders which is really helpful to me. Some of it aren't working out but it's worth of a try.

eternalgloom

legendary

Activity: 1792

Merit: 1283

I used to get almost all my information from the Bitcoin wiki @ https://en.bitcoin.it/wiki/Main_Page
They're still pretty good, but some sections are pretty outdated, it is good for learning about some technical concepts though.

Also, you can find a lot of information on Youtube, might be easier to understand for some people.
I follow a channel called 'The Cryptverse', it's pretty good for information about certain coins and ICO's.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I started reading about the trade experiences posted by the senior members so that I can learn from it without investing or losing my capital. However, to get the detailed information and understand it in a better way then there is no other way than starting actual trading. I learned most of the things through trial and error method, however, I have also lost my 100% capital in my initial days of trading when I used to trade based on other's opinion so doing own research is highly recommended. I still consider myself a newbie so that it helps me to learn more and more and detailed research helps me to predict the price probabilities using the trend analysis.

Enzo05

full member

Activity: 938

Merit: 102

Quote from: mk4 on October 24, 2017, 08:18:07 AM

how did you guys get started? Do some research and read. ALOT. There's no sugarcoating this. Simply read as much resources as you can.

Where did you get your info from? Bitcointalk, Reddit, YouTube, Articles. The internet in general. Just use Google for whatever information you need.

And how do you know/predict which coin is going to be profitable? Once again, read. Does the coin solve a real-world issue or at least enhance or improve a certain industry? Is that coin just a copy of a certain existing coin? Are the developers actually active and currently working on or improving the product? etc.

Just simply browse through the forums. There's so much stuff to learn from.

Thats exactly right and thats what I did then after I learned I encouraged my friends to do some investment cause i cant invest that much , so at the same time I get a percentage of their earnings by giving them my ideas

Vroom2212

newbie

Activity: 7

Merit: 0

Quote from: affandi on October 24, 2017, 11:10:53 AM

Quote from: Vroom2212 on October 24, 2017, 10:18:18 AM

Thanks for the replies everyone! Much to learn Wink

, but I am very eager to. So hopefully I'll be able to start making some profits, even if they are small ones.

currently there are many ICO-generated altcoins available on the exchange, and usually when they enter the market the price will drop dramatically and below the ICO price, I personally often take advantage of the situation. but this is also not easy, because it must analyze it first. whether the ICO is a success, look at the total supply to consider a reasonable price, and many other analyzes. Nothing is easy to achieve a profit.

Aahh okay, and by the ICO price you mean the price during the token sale?

affandi

hero member

Activity: 672

Merit: 500

Quote from: Vroom2212 on October 24, 2017, 10:18:18 AM

Thanks for the replies everyone! Much to learn Wink

, but I am very eager to. So hopefully I'll be able to start making some profits, even if they are small ones.

currently there are many ICO-generated altcoins available on the exchange, and usually when they enter the market the price will drop dramatically and below the ICO price, I personally often take advantage of the situation. but this is also not easy, because it must analyze it first. whether the ICO is a success, look at the total supply to consider a reasonable price, and many other analyzes. Nothing is easy to achieve a profit.

Vroom2212

newbie

Activity: 7

Merit: 0

Quote from: OmegaStarScream on October 24, 2017, 10:12:52 AM

The idea behind trading is very simple, you just buy low and sell high. You clearly don't know anything for sure but to predict, you just need to follow the news regarding that specific coin (a hard fork, an update, being added to an exchange, merchants accepting it etc.) all these factors play a big role in determining the price. Another way would be to buy CryptoPing BOT subscription, It has the ability to predict based on the increase on volume etc.

But how do you "find" a coin to research, as in where and how do you pick a coin to look in to?

Vroom2212

newbie

Activity: 7

Merit: 0

Thanks for the replies everyone! Much to learn Wink

, but I am very eager to. So hopefully I'll be able to start making some profits, even if they are small ones.

clrpod

full member

Activity: 322

Merit: 114

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

Hi everyone! I am new to trading cryptocurrencies. I am wondering, how did you guys get started? Where did you get your info from? And how do you know/predict which coin is going to be profitable?

Thanks!

Start by reading a lot of information here and asking questions and by actually trading (even if it's with such a small amount just for practice). You can never know which coins will be profitable but you can speculate based on how useful the coin is and how good the team are working on it.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

The idea behind trading is very simple, you just buy low and sell high. You clearly don't know anything for sure but to predict, you just need to follow the news regarding that specific coin (a hard fork, an update, being added to an exchange, merchants accepting it etc.) all these factors play a big role in determining the price. Another way would be to buy CryptoPing BOT subscription, It has the ability to predict based on the increase on volume etc.

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: Vroom2212 on October 24, 2017, 07:31:59 AM

Hi everyone! I am new to trading cryptocurrencies. I am wondering, how did you guys get started? Where did you get your info from? And how do you know/predict which coin is going to be profitable?

Thanks!

Well if you want to become a good trader you really have to do more effort because this is not easy, be ready mentally, emotionally and of course financially. Do read some blogs about tradings, read trading book, listen to a good trader online and then do the demo trading on some exchanges. It's not easy but i believe you will master it on time.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

how did you guys get started? Do some research and read. ALOT. There's no sugarcoating this. Simply read as much resources as you can.

Where did you get your info from? Bitcointalk, Reddit, YouTube, Articles. The internet in general. Just use Google for whatever information you need.

And how do you know/predict which coin is going to be profitable? Once again, read. Does the coin solve a real-world issue or at least enhance or improve a certain industry? Is that coin just a copy of a certain existing coin? Are the developers actually active and currently working on or improving the product? etc.

Just simply browse through the forums. There's so much stuff to learn from.

Vroom2212

newbie

Activity: 7

Merit: 0

Hi everyone! I am new to trading cryptocurrencies. I am wondering, how did you guys get started? Where did you get your info from? And how do you know/predict which coin is going to be profitable?

Thanks!

Topic: How to get started? - page 6. (Read 1968 times)