Topic: how to start trading ? - page 23. (Read 2982 times)
I am totally new to this and don't know very much, and have not done very much yet. But I can tell you how I started. First you have to get an app where you can buy cryptocurriencies, like Coinbase. Coinbase is simple enough and you have an option of buying Bitcoin, Etherium, Bitcoin cash and Litecoin. You can buy coins with your credit card, which is what I did first but the limit it $300. If you link your on line bank account you may purchase much more. Plus you will be able to to deposit profits directly into your bank account when you decide to sell. You can just stay there and buy and sell but if you are adventurous you can transfere your bitcoin or etherium to Bittrex or another exchange, and from there trade. I am sure I went to basic on this. But maybe it will help someone who doesn't know anything , like I was.
There are several different Trading styles like Day trading, Swing Trading, and Long Term trading( investing).
Daytrading is the most difficult kind and can be lucrative if done right. Its a skill like any other skill based activity such as music, basket ball etc. It needs lot of practice. It might take few months or few years to become a skilled trader. Best way to learn is to watch charts experiment with different indicators, then open an account on an exchange like Bitmex and start trading small until you gain confidence.
Trading is such a profitable way if only a trader has own way and strategy for making good trade so i think to start trading is to study first the market and invest a little to practice and gain more experience. Daytrading is the most difficult kind and can be lucrative if done right. Its a skill like any other skill based activity such as music, basket ball etc. It needs lot of practice. It might take few months or few years to become a skilled trader. Best way to learn is to watch charts experiment with different indicators, then open an account on an exchange like Bitmex and start trading small until you gain confidence.
There are several different Trading styles like Day trading, Swing Trading, and Long Term trading( investing).
Daytrading is the most difficult kind and can be lucrative if done right. Its a skill like any other skill based activity such as music, basket ball etc. It needs lot of practice. It might take few months or few years to become a skilled trader. Best way to learn is to watch charts experiment with different indicators, then open an account on an exchange like Bitmex and start trading small until you gain confidence.
Daytrading is the most difficult kind and can be lucrative if done right. Its a skill like any other skill based activity such as music, basket ball etc. It needs lot of practice. It might take few months or few years to become a skilled trader. Best way to learn is to watch charts experiment with different indicators, then open an account on an exchange like Bitmex and start trading small until you gain confidence.
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
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
You can start trading by searching for information or knowledge of trading and you should know in choosing a potentially big coin for the future, once you have mastered everything, you can immediately follow the trading by starting to invest to buy a little coin first, once you get big profits, you can immediately enlarge the investment with more coins.
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
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
trading is very easy you just need to process to buy and sell it, without you realize trading you have done in everyday life, when you buy a drink or food you are directly trading using the money you use to buy food or beverage from money in exchange for drinks and food, so trading is just that easy.
Firstly make account in exchange like Kucoin , so you start trading directly because no need verification here. And then after that make sure you understand about technical analysis to know which level price to buy and sell. For day trading you have to understanding more about technical analysis, like price pattern and some indikator. Other than that also learn how to manage the risk in trading like use stop loss and dont trade in 1 coin only.
Two weeks ago, I had experience trading because I got my first payment working on signature campaign. To be honest, I don't have any idea that the token that I will receive should be pass through trading first in order to turn it into btc and cash out it. It wasn't easy if you are a first timer, but when you had the first try of trading, it is a very satisfying job because that was a new knowledge. During that time, my friends taught me how to trade using yobit.net and if you are planning to try it, then you should ask a friend or search on google.
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
Now the simulator for cryptocurrency trading has come. You can use https://coins2learn.com for trying and learn how to trade without loss and not required to deposit any way. Maybe this not really like true trade, but i think this simulator so helpful for beginners. ...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
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
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
If you meant cryptocurrency trading,
First you need to have some cryptocurrency, preferable buy bitcoins using fiat.
There are a lot of exchanges that trade a lot of tokens/coins.
A few of them being, Bittrex, poloneix, yobit, cryptopia, binance, viabtc, etc.
That is true because you cannot trade easily if you don't have to exchange too. Also you need to determine what site of trading that you are going to trade search informations and read the details of it. Because there are lot of exchange trade industry.
Do the following:
1. Have at least $100 capital, it can be more
2. Register on exchanges of choice: bittrex, poloniex, cryptopia , hitbtc, coinexchange, bit-z , binance , yobit , kucoin etc
3. Read , study from the trading threads on this forum
4. Learn the ART OF PATIENCE & DISCIPLINE.
5. KILL GREED
6. PRAY to God
7. You are good to go.
1. Have at least $100 capital, it can be more
2. Register on exchanges of choice: bittrex, poloniex, cryptopia , hitbtc, coinexchange, bit-z , binance , yobit , kucoin etc
3. Read , study from the trading threads on this forum
4. Learn the ART OF PATIENCE & DISCIPLINE.
5. KILL GREED
6. PRAY to God
7. You are good to go.
I would recomment to read about technical analize and diagramms.
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
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
Some beginners have followed a next steps>
1. Figure out how much money you want to convert into cryptocoins
2. Open account on one of the top 10 currency exchanges
3. Deposit 25% of money you decided at 1. point on exchange you opened account at point 2.
4. Decide whether you are willing to trade 15mins/day (buy and hold) or 4h per day (active trading more trades per day)
5. Choose one or more coins on exchange (at beginning they should be all among top 15 based on market capitalization).
6. If you manage all steps from 1st step to 5th step by overall more than 1% profit, than you can deposit again another 25% funds you decided to trade at 1st step. If you made no profit or felt overanxious when you had 25% of your funds on market, than reduce the value portfolio to a level you will be ice cold.
7. Repeat step 6. that long as you havent got all funds deposited.
NOTE> You should get gradually into trading cryptomarket and the best lessons you will gets on market when gets your hands dirty. Start slow and eventually step up.
DISCLAIMER> This not a trading advice so anyone applying it on their own risk.
This is absolutely true! But first you need to study and learn all you can learn in trading because it is very difficult of you know nothing at all.. I advice you to ask a friend what to pearn in trading and start researching, DYOR or do your own research, search google, search youtube and watch mews of what coin you are going to invest.
For a newbie can somebody teach me how to trade because i dont know much of trading for now so i need some help guys thanks 
Select one coin. Buy when price go down, sell it with profit. Or keep it on your account for few months. Read all the news about that coin. Because in half the price can x10
For a newbie can somebody teach me how to trade because i dont know much of trading for now so i need some help guys thanks
I am not a trader , but i want to learn treading. At present i am trying to learn trading. For that reason i want to know that treading is not so much easy. If a trader have any mistake so he or she will loses their huge amount of capital.So, at first we should learn about it properly. I think one day i will be a good trader.
Try creating demo account on forex and play trading. If you succeed, go in with real money
I am not a trader , but i want to learn treading. At present i am trying to learn trading. For that reason i want to know that treading is not so much easy. If a trader have any mistake so he or she will loses their huge amount of capital.So, at first we should learn about it properly. I think one day i will be a good trader.
first you buy some btc it not huge that mean .1 btc. buy btc and send exchanger then selected coin for regularly trade. you see 1 week and month price chart. buy low rate and sell high rate.
You are very much right but I think the foremost thing even before this this that you need to gather as much knowledge as you can about Bitcoin. If you don’t know anything about it and you just start doing the trading, you will hardly get any money by doing so. You need to make yourself a learned man first. 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
...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
before you start trading you need to fully knowledge abount if get fully knowledge how bitcoin works its easy to you to start trading.
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
Doing trade is not asking your age or what, as long as you have an idea about it and you had capital to invest in for you to able to do trade you start at once. I think much better for you start in Hitbtc.com or cryptopia or bittrex exchange platform. ...not sure where to start ... any suggestions would be very helpful ...
whats the best way to get the knowledge in this field ?
thank you
first you buy some btc it not huge that mean .1 btc. buy btc and send exchanger then selected coin for regularly trade. you see 1 week and month price chart. buy low rate and sell high rate.
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