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Topic: how to start trading ? - page 13. (Read 2982 times)

sr. member
Activity: 552
Merit: 250
March 17, 2018, 06:31:48 PM
Before start trading, you have to learn more about this field, and keep in mind that's it is so risky, and without good knowledge you could losing your hard earned money in few trades. Keep reading more about trading crypto currencies firstly, then start with small amount to get some experience.
newbie
Activity: 178
Merit: 0
March 17, 2018, 06:21:19 PM
In trading of cryptocurrencies, it is very important to know which crypto you want. It can be either bitcoin or any of the other cryptocurrencies.One very important this you need to consider is time. You have to get maximum time monitor the trend of the coins and know when to buy and when to sell.
member
Activity: 134
Merit: 10
March 17, 2018, 05:07:50 PM
Before you start trading then you have to read the basics about trading and then you apply it just like what platform is a good trading site. Trading is very risky because any moment you can get loosing your money.
member
Activity: 205
Merit: 17
March 17, 2018, 01:44:48 PM
Trading is a hard job so, I think one need to prepare mentally before start trading.To start trading you need to have good capital which you can afford to lose.You need to have some skills of reading charts, acknowledge the market and some experiences.Also try to learn trading from social media, website /blog.Proper dedication and effort is the key of getting success on trading.
newbie
Activity: 10
Merit: 0
March 17, 2018, 01:10:02 PM
i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

This is necessary literature if you want to start slowly but successfully with your trades on the crypto market:

http://www.coincalendar.info/best-cryptocurrency-trading-books/

I did not personally read all of them but I recommend all of them cause other investors I personally know read those and they have only recommendations for them. They all come with the price which isn't so high if you compare it with your future profit you will get when you gain enough knowledge about successful trades.

Thanks, very good info.
newbie
Activity: 98
Merit: 0
March 17, 2018, 12:55:49 PM
You must start first on learning what bitcoin is?At first you have to learn to trade properly.If you have any mistake so you will lose your capital.The basic rule of trade is to buy with low price and sell them when the price high.There are currently only two renowned cryptocurrencies the bitcoin and ether with which you can trade successful.
member
Activity: 378
Merit: 17
March 17, 2018, 12:27:09 PM
Before start trading, spend some time to collect information and learn about technical analysis, reading charts, learn support and resistance and learn about candlestick. Just spend a month or so to learn these things, it would be beneficial for you when you start trading.
full member
Activity: 1093
Merit: 103
March 17, 2018, 11:29:50 AM
i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

The best way to learn how to trade is to get training from a practicing trader. So you learn to trade and do not lose your money. Because self-study is very expensive. Very few people manage to learn how to trade independently without losing their money.
Even I came across a professional crypto trader on Facebook who was ready to teach me trading and I was supposed to pay him for his services. So the point is that people are offering their services to teach you trading. Watching YouTube videos and taking help from experts are the best ways of learning trading. A trainer in the form of trader is needed because videos do not answer your all queries.
Of course it's always better if there is someone who will help with practical exercises and explain the theory in the most specific issues. But even you can achieve a lot.
newbie
Activity: 182
Merit: 0
March 17, 2018, 08:41:06 AM
There are many tutorials can be found in youtube about trading. There are many informative forums here to read. Search and study trading. Goodluck.
sr. member
Activity: 1988
Merit: 322
March 17, 2018, 01:20:21 AM
i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

The best way to learn how to trade is to get training from a practicing trader. So you learn to trade and do not lose your money. Because self-study is very expensive. Very few people manage to learn how to trade independently without losing their money.
Even I came across a professional crypto trader on Facebook who was ready to teach me trading and I was supposed to pay him for his services. So the point is that people are offering their services to teach you trading. Watching YouTube videos and taking help from experts are the best ways of learning trading. A trainer in the form of trader is needed because videos do not answer your all queries.
newbie
Activity: 168
Merit: 0
March 15, 2018, 10:27:27 AM
Starting trading is not an easy task, we must learn for a longtime to have enough knowledge about crytpocurrencies before trading. At the beginning of trading, watching the market up and down to evaluate the price in the  future then trading small with our real money to get experience about how we win or loose, days by days, patient will be a good behavior in cryptocurrency and we can encrease in the future.
This is the way to do it but people are too impatient to do that, they see the movements of the market and think of all the money they could make and decide to begin to trade despite the fact they have no knowledge about how to do that, then when they lose all their money they blame bitcoin, the market, the media, the FUD everything except themselves. 

they dont actually blame those you mentioned rather they only blamed their selves becausw they are the one who commit these mistakes. You are the one who decide and make actions therfor you should only blame yourself. that is also happened to me everytime i traded the coins and tokens i have , thinking that their value is already in peak but eventually they still rise more. i regret a little bit but im still thankful because i dont put any capital on it at the first place rather i only get those coins on an airdrop.
Most people that I have seen losing money with bitcoin or other cryptocurrencies most of the time blame everyone and everything except themselves it is very rare for an investor to say it was his fault that he invested not knowing what he was doing, however the attitude of blaming everything but themselves is very damaging since that does not allow them to correct their mistakes but if they are honest with themselves and admit their wrongdoings then they have a chance to improve.
Before starting to trade, focus on your goals and treat it as a business, and be strategic. Practice the buy-and-hold method but with limits. Eye on the prize and rewards, I mean it is building wealth slowly overtime so it needs wise-decision making before jumping into it.
learn first here study what is this currency about then on how does it may work for you may never been understand every single detail here if you are not had been learn here.
I don' think we have to know about this currency when we trade. It just necessary when you hold in a long term.

I think we have to know basic candles chart and most important is a good feeling on market
full member
Activity: 462
Merit: 101
March 15, 2018, 10:14:10 AM
i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

The best way to learn how to trade is to get training from a practicing trader. So you learn to trade and do not lose your money. Because self-study is very expensive. Very few people manage to learn how to trade independently without losing their money.
full member
Activity: 322
Merit: 100
March 15, 2018, 10:10:21 AM
before you go to crypto exchanging you should know about crypto now you need to examine first at google atleast you have a thought. In the crypto showcase rapidly the stream value contrast with stocks. so exchanging resembles a business that you need to plan and recognize what you're going to do
newbie
Activity: 60
Merit: 0
March 09, 2018, 08:35:54 AM
It would be better if you will open an account the exchanger you want. It will help you know how the trading works.
member
Activity: 154
Merit: 15
March 08, 2018, 04:33:18 PM
i am very new to trading and would like to learn how to trade
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you

This is necessary literature if you want to start slowly but successfully with your trades on the crypto market:

http://www.coincalendar.info/best-cryptocurrency-trading-books/

I did not personally read all of them but I recommend all of them cause other investors I personally know read those and they have only recommendations for them. They all come with the price which isn't so high if you compare it with your future profit you will get when you gain enough knowledge about successful trades.
hero member
Activity: 743
Merit: 500
March 08, 2018, 03:07:53 PM
Starting trading is not an easy task, we must learn for a longtime to have enough knowledge about crytpocurrencies before trading. At the beginning of trading, watching the market up and down to evaluate the price in the  future then trading small with our real money to get experience about how we win or loose, days by days, patient will be a good behavior in cryptocurrency and we can encrease in the future.
This is the way to do it but people are too impatient to do that, they see the movements of the market and think of all the money they could make and decide to begin to trade despite the fact they have no knowledge about how to do that, then when they lose all their money they blame bitcoin, the market, the media, the FUD everything except themselves. 

they dont actually blame those you mentioned rather they only blamed their selves becausw they are the one who commit these mistakes. You are the one who decide and make actions therfor you should only blame yourself. that is also happened to me everytime i traded the coins and tokens i have , thinking that their value is already in peak but eventually they still rise more. i regret a little bit but im still thankful because i dont put any capital on it at the first place rather i only get those coins on an airdrop.
Most people that I have seen losing money with bitcoin or other cryptocurrencies most of the time blame everyone and everything except themselves it is very rare for an investor to say it was his fault that he invested not knowing what he was doing, however the attitude of blaming everything but themselves is very damaging since that does not allow them to correct their mistakes but if they are honest with themselves and admit their wrongdoings then they have a chance to improve.
Before starting to trade, focus on your goals and treat it as a business, and be strategic. Practice the buy-and-hold method but with limits. Eye on the prize and rewards, I mean it is building wealth slowly overtime so it needs wise-decision making before jumping into it.
learn first here study what is this currency about then on how does it may work for you may never been understand every single detail here if you are not had been learn here.
newbie
Activity: 184
Merit: 0
March 08, 2018, 02:17:43 PM
You need a preparation, get familiar with the type of wallet. Sign up for major trading sites like bittrex, binance, cryptopia ... Watch the market regularly, learn the charts and compare the flow in the market. learn and exchange knowledge, experience here or those with experience in this market. Finally, make the right investment strategy for your investment.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
March 08, 2018, 01:43:32 PM
Before you go to crypto trading you must have knowledge about crypto now you have to research first. In the crypto market very quickly the flow price compare to stocks. So trading is like a business that you have to plan and know what you're about to do

My opinion is if a person wants to trade with bitcoin you will need some experience in trading for that investing little amount and learn trading is the best to learn and experience in trading once you have a good experience in trading you will definitely earn more money in trading.
newbie
Activity: 294
Merit: 0
March 08, 2018, 12:32:50 PM
Basically we know buy coin cheap and sell high but trading is not so easy.I think before trading you study about crypto market, follow the up and down of the market, try to select best coin,in fact you shold made you accurately then you start trading.
sr. member
Activity: 568
Merit: 250
March 08, 2018, 04:48:21 AM
Starting trading is not an easy task, we must learn for a longtime to have enough knowledge about crytpocurrencies before trading. At the beginning of trading, watching the market up and down to evaluate the price in the  future then trading small with our real money to get experience about how we win or loose, days by days, patient will be a good behavior in cryptocurrency and we can encrease in the future.
This is the way to do it but people are too impatient to do that, they see the movements of the market and think of all the money they could make and decide to begin to trade despite the fact they have no knowledge about how to do that, then when they lose all their money they blame bitcoin, the market, the media, the FUD everything except themselves. 

they dont actually blame those you mentioned rather they only blamed their selves becausw they are the one who commit these mistakes. You are the one who decide and make actions therfor you should only blame yourself. that is also happened to me everytime i traded the coins and tokens i have , thinking that their value is already in peak but eventually they still rise more. i regret a little bit but im still thankful because i dont put any capital on it at the first place rather i only get those coins on an airdrop.
Most people that I have seen losing money with bitcoin or other cryptocurrencies most of the time blame everyone and everything except themselves it is very rare for an investor to say it was his fault that he invested not knowing what he was doing, however the attitude of blaming everything but themselves is very damaging since that does not allow them to correct their mistakes but if they are honest with themselves and admit their wrongdoings then they have a chance to improve.
Before starting to trade, focus on your goals and treat it as a business, and be strategic. Practice the buy-and-hold method but with limits. Eye on the prize and rewards, I mean it is building wealth slowly overtime so it needs wise-decision making before jumping into it.
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