Topic: How to start my first crypto trading? (Read 1025 times)

You need to follow the trends and to delve fully into the structure. It is possible to learn only on your experience.

Try to start with a smallest amount for taking the start of your trading profession. I will suggest to go to yobit or poloniex for smallest amount trade training as that are easy for newbie and when you believe that now you know enough that now you are able to predict the market and can now earn profit from your trades then go to higher amount investment in trade at bigger platforms of trade.

I just want to say first on welcome to this trading on cryptoworld.I would like to say that theres no trick on making profitable trades which we would normally need skills and experience for us to be successful on this trade.All basic information about trading is already on the internet.First off if you do like to trade up then better to trade on demo or just start on a small amount trade some cheap coins either on yobit or on liqui.

You can begin crypto exchanging with few measures of money.crypto trading, not the same as some other trading so you require the experience to begin crypto trading.You can utilize google, youtube to think about crypto trading.You can likewise read this forum articles to get understanding.

Fees were part of the increases in value, we can't escape this fact that whenever theres a pump, increase in fees were associated.

Everybody knows the pretty obvious that the motive of trading is to buy low and then sell high but the issue is how to know which I believe OP is learning. Someone made mention of fees which I see as the most irrelevant because when you make enough profit, you care less about whether the fee is high or low. I trade too and the most difficult part of trade is not knowing what will happen next but just following  instinct about the future.

Oh, I thought the guy was going to start trading without any sort of balance or coins. He must be worshipping you at the moment for revealing this secret. I have also become a fan of yours...
Come on dude that is pretty obvious. He was asking some tips. I suggest going for trading with small amount at first. Buy at low prices and sell at high prices. That's all.

First you must have balance and you can choice altcoin with the low price with high volume and maybe you can buy with 3 buy order

Correct me if i am wrong with this

I won't stop anyone from reading different articles and going through the stories of different merchants but I will suggest to not burdening oneself with tension. Life is always like this, "Failure + Persistence = Success". However, basic thing in trading is buying during dip and sell out during the pump phase.

It is a package I must say.  You have very nicely briefed some basics about bitcoins and their game rules. Bitcoins are tricky to some extent, they are highly profitable too. Only need is the basic knowledge of how, when, where, whom is necessary for making some good outputs.

,totally i agree there with you, and besides if you are really willing and interested in trading you can also seek online trading tips or just do trial and error as what he have said but it should be better if you have knowledge before you proceed to your trading. try to search online you can find many learning books for starters, or you may try to follow people that are famous in terms of crypto trading and learn how make a technical analysis, do not depend too much on their analysis and try hard to make your own.

First thing to do is choose the right platform to do trading activities. I've been doing it for months on local exchange in my country while many people suggest to trade on Bittrex, but bittrex applied high fees for withdrawal BTC0.001 and there is no guarantee you can make profits to cover the fees.
You need to learn the basic thing to trade cryptos, such as learn what factors that affects the price, such as current situation in China which influence people to sell their coins. At least you need BTC0.01 to start trading in order to make decent profits, if you have BTC0.1 it's even better, I recommend to buy eth when it fall to $200.

I suggest not to trade now, as bitcoin is in the retracement period. All altcoins can drop and drop anytime. Just hold your bitcoins. After the retracement period, buy all the low priced altcoins. It will give you a solid profit.

There ain't nothing that teaches better in this world than experience. What you may get here are just choices amd some advices might even be misleading and can confuse you even more. So I suggest you to just go and read a bit and focus on doing the actual trading. And  while taking advices, build your own thought about trading and follow your own idea about it. Of course you will fail a lot of times. But at least you will know what to do when you face the same thing again. And of course, start small. Make sure you already got the hang of it before you go investing lots of money. Because luck ain't always gonna help you.

you must have some btc for start trading trading, and for now learn how to read market and candle stick

I am not veterans on trading but I only suggest you that in terms of putting money in to trading make sure that it is not in one basket because for sure once it dump nothing will left to you, distribute your money to other coins.

First I'm not an expert but I will give you my 2 cent. You really need to know if you can commit to a strategy. If you don't get you mental focus right, then you ill be up for big losses. Things will go wrong and you must be prepared to lose some money. So start reading trading books and articles, see some videos and try your strategy or try to copy someone else's, it doesn't really matter in my opinion. If you have the right mindset you will be able to see if the strategy works or not, and then change it if necessary, but only after giving it an opportunity.

You of course need an exchange, I think ploniex and bittrex are probably the most reliable ones.

First of all i'm not a expert for trading but i trade with some coin and it's so much fun. If you have some fund and idea about exchange then you can go for it. You can take help from crypto related forum like bitcointalk. In my opinion this is the best forum to learn about crypto trading. Find some expert and follow there instruction. Follow those coin news which coin you want to buy. Hope it'll help you...

before begin i have to make it clear that I am NOT a financial advisor, don't take this as financial advice and if you choose to invest in this market please understand that this is a very high-risk market and do not invest more than what you're willing to lose. so this market is very volatile it is not uncommon to see 20, 30, 40 % swings every single day, so if you're on the right side of the trade it's pretty easy to that you can make some very quick profits, however if you're on the wrong side then you can lose a lot of money very quickly, so there's pretty much two ways they can go about doing this, you could be an investor or you could be a trader now if you choose to be an investor that typically means that you would purchase some cryptocurrency and hold on to it, basically you could be holding on to it for a few months or even a few years and hoping that that value of that cryptocurrency will appreciate. now if you choose to be a trader you typically focus on short term profit meaning you would purchase a cryptocurrency and utilize the volatility of the market to sell in and out of trades basically it goes down to the buy low sell high, now if you're anything like me you're probably going to be a mixture of both do have some coins that I hold long term as long term investment, so I'm not too concerned about the fluctuation in prices, however there are other coins that I do trade short term and I do utilize that fluctuation to get quick profits, so it's really up to you to evaluate what your goals are and what level of risk you're willing to take.

first you have to learn hodl than you learn evertything with mistakes. before buy any altcoins you have to learn evertyhing about which altcoin you gonna buy it. check new about the altcoins new uptades , deals and so on. and most important check which problem they gonna solve it

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.

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.

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.

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

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.

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.

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.

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.

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!

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.

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.

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.

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