How to start my first crypto trading? - page 2.

herurist

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Quote from: Sohailul on September 02, 2017, 01:36:08 AM

Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks

Before start trading, please learn about trading and be patience. Start trading is simple but survives trading is another story. Read some books and join trading group will help you to understand how to become a good trader. Share your knowledge with an expert to help find a good decision. But, if you want to know how good you are let's start now with little money you have. Experience will give you education and unpredictable result. About the money is up to you but 0,05 btc is enough. Have a nice day.

dothebeats

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You might need to get to know some jargon and other stuff that they frequently mention in trading. Also, you can do some demo trading with babypips like someone mentioned above. You don't need to invest immediately but rather know the workings first before throwing money and regretting it later.

Best of luck.

TheQuin

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Trading cryptos is technically no different from any other trading, so look to learn from mainstream trading resources. Having said that be warned the trading education business is full of snake oil salesmen. Don't go spending on expensive courses or systems.

One big difference is that you can start trading very small amounts as crypto exchanges don't have account minimums. Start off small and only risk what you are happy to lose. Only increase your size when you are consistent over a period of several weeks.

Good luck.

redoykhan

member

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You can start crypto trading with few amounts of money. But you need experience to start crypto trading.You can use google,youtube to know about crypto trading.You can also read coindesk,cointelegraph forum articles to get experience.Thank you

UCHCHILD

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Mate, to learn on trading and be an expert to it you should learn it by yourself, there is no shortcut to this kind of industry,you should learn by yourself and learn your own strategy.
Also the money you gonna put in trading is up to you there is no minimum or maximum in trading as long as you can manage it by yourself for you not to blame anybody.

ss890

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Trading is very simple and fun if you do it by yourself and with your own mind. The reason is simple everyone here has their own strategies of doing the trading. Someone will do it with the help of pump groups, someone will try the luck out with ICO investment, few will do random investments and some of them will hold many of the altcoins for trading. Different people different choices and ways of trading. You go out there and try your first trade by yourself with smallest investment possible. Then get to know what things you missed and what things you need to know for next time trade. Find the answers to them here in forum and develop the skills slowly. Without learning you wont be making any progress.

k@suy

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Quote from: sujonali1819 on September 02, 2017, 05:19:06 AM

Quote from: Sohailul on September 02, 2017, 01:36:08 AM

Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks

first you need some btc for buying crypto.then you need to create a account on exchange like bittrex,poloniex,cryptopia,hitbtc etc.then sent your btc to the exchange.choose a good coin buy and hold when you feel you are in profit sell them.it simple.but you need some things without that you can not success in trading platform
1. control your emotions.
2.dont sell panic
3. dont sell when you will in lose.
4. dont buy a coin when it pumed in 24 hours.
5. you need to research more about tradding
6. dont invest all your money in one box means one coin
since your are a newbie in tradding so dont invest huge amount. just try to trade by 0.010 or 0.005 btc.

I agree with above advise and and I may add that you do actual trading too in small amounts. Experience it in real time because experience is the best teacher.You can correct your mistakes, control your emotions and excitement and so forth.

sujonali1819

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Quote from: Sohailul on September 02, 2017, 01:36:08 AM

Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks

first you need some btc for buying crypto.then you need to create a account on exchange like bittrex,poloniex,cryptopia,hitbtc etc.then sent your btc to the exchange.choose a good coin buy and hold when you feel you are in profit sell them.it simple.but you need some things without that you can not success in trading platform
1. control your emotions.
2.dont sell panic
3. dont sell when you will in lose.
4. dont buy a coin when it pumed in 24 hours.
5. you need to research more about tradding
6. dont invest all your money in one box means one coin
since your are a newbie in tradding so dont invest huge amount. just try to trade by 0.010 or 0.005 btc.

Coins_Hiro

newbie

Activity: 85

Merit: 0

Everyone is right with what they say, equip yourself with knowledge first before jumping into something especially trading. I am no expert but based on what I've read so far, you can earn a lot or lose a lot when trading. You probably need to be intellectually, emotionally and financially ready when it comes to trading. Probably start reading on this forum or other sources, join groups, watch videos in Youtube and so on about coins, charts, graphs etc and see if you can manage to learn everything. Good luck!

nydiacaskey01

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Quote from: Sohailul on September 02, 2017, 01:36:08 AM

Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks

I am no expert in trading and I guess with the high volatility if BTC and Altcoins and with the presence of whales, its hard to say what coin or token will increase, even those who are good in reading charts, graphs and candle sticks sometimes go wrong. There is no trick in trading, but what I can suggest is never believe when someone tells you that this or that coin is pumping or going to pump, because by teh time you are about to hit the buy button, there's a lot people who already bought or might have dumped their coins. Good luck.

Idrisu

sr. member

Activity: 924

Merit: 260

I will advise you not to jump in with money first you should spend your time to study and educate yourself about cryptocurrency's free information online and remember this, if any one what to sell you signal or pay group the person is out for you money and not to help you. I will advise you to visit https://babypip.com in other to develop your skills and knowledge about candlestick formation and then open account at https://poloniex.com or any other exchangers of your choice and deposit something like $10 to began with.

pragna

full member

Activity: 1582

Merit: 101

Hi,
If you are a learned person please read from Google about trading because men can misguide you but if you read in your own eye you can understand what is true and false. you can also take help from international journal about crypto trading.
thanks.

Sohailul

full member

Activity: 546

Merit: 100

Hello
I want to start crypto trading but i don't know how to start trading.
Any expert crypto trader, please give me some tips and tricks about crypto trading.
And minimum how much amount need to start for crypto trading?
thanks

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