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Topic: How to start trading? - page 10. (Read 2269 times)

hero member
Activity: 1666
Merit: 701
May 05, 2018, 10:17:44 AM
#91
You can deposit firstly, buy btc, send it to exchange (e.g. bittrex) then trade, start with day trading or fast trading, read frequently in category announcement (altcoin) and see how active dev is, how good is vision vision etc.
newbie
Activity: 154
Merit: 0
May 05, 2018, 10:11:11 AM
#90
at the beginning , you'd better hold some quality coins for a long time . such as bitcoin neo or eos . next , you can learn the skills and knowledge of trading .
hero member
Activity: 1036
Merit: 520
May 05, 2018, 10:00:11 AM
#89
You can start with small capital like 100$ but you can't expect much from that capital , Trading is a business , it is not a get rich in one night thing!
Best wallets are cold paperwallet , where you can keep the seeds in safe places , after that Hardware wallets , like nono ledgers and after that software wallet , the ones which give you the private key.
newbie
Activity: 176
Merit: 0
May 05, 2018, 08:23:25 AM
#88
As newbie like you I don't have any experience about trading however I could start to study more about crypto trading and up to now I'm still studying and getting knowledge about investing and trading. So I don't have any advice except to study and study because they said that trading is one of difficult ways to earn profits but if you will be a professional traders someday you should tell that trading is a good way to earn money.
sr. member
Activity: 686
Merit: 277
May 05, 2018, 07:08:26 AM
#87
If you would like to be a good trader you will first need to have the qualities it takes to be a good trader. Yep, good traders have qualities that makes them unique. They know the right time to invest their money and they are not greedy,, no matter how much they are investing, they already know how much they can afford to lose and how much they can’t afford to lose in the business. If you can be able to have such qualities then the only thing that’s left for you to do is study everything that has to do with trading and you’re good to go. Know that there are risks involved and be ready to take the risks.
sr. member
Activity: 742
Merit: 255
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May 04, 2018, 02:18:47 PM
#86
Trading is the simple way to invest in our investment. But we should have some knowledge in Crypto platform then only we will make success in our investment. So you should clearly decide the investment methods because short term investment is huge profit and more risky investment. But long term investment is stable profit and no risky investment. If you start trading know choose the long term investment because all the coins are unpredictable in short term trading.
full member
Activity: 350
Merit: 100
May 04, 2018, 02:04:17 PM
#85
I think before start trading you have to get good knowledge and start learning at least the basics about this field, because it is somehow risky, and if you haven't good knowledge you will lose your money most likely.
You have to learn how to choose the profitable coins, when buying and selling, and how to analyze and study the market and the charts..
full member
Activity: 616
Merit: 100
First Islamic Crypto Exchange
May 04, 2018, 01:37:40 PM
#84
determine for yourself the budget for which you can afford to trade and determine your goals and how you will trade: short-term or long-term
sr. member
Activity: 1313
Merit: 302
May 04, 2018, 01:37:24 PM
#83
Trading is very easy compared to play a chess game.If you have less stuff compared to the stuff need to play a chess game.You can start trade with 10$ minimum.Not even 100$ is needed.Some of the best trading website is bittrex,coinbase and localbitcoin.com.I had tried all this.This wallet are safest as compared to other.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
May 04, 2018, 12:57:24 PM
#82
need literacy and even join the trading community, crypto market has no demo account and everything is straightforward, need basic understanding before making a deposit and start learning about the indicators, you just create an account and learn everything regularly, I'm sure if you intent, you do not it will take a long time to understand.
member
Activity: 207
Merit: 22
May 04, 2018, 12:31:57 PM
#81
It depends on your starting capital and trading strategy. But most especially,  you have to learn the act of trading and try to sample it before indulging in it. You can watch videos and tutorials on it from YouTube or probably from a mentor. When you learn that needs to be learnt, don't have the ideology that you will be making millions from it cause you won't be doing so, it take some time though.
sr. member
Activity: 396
Merit: 250
May 04, 2018, 12:19:59 PM
#80
the first thing you  must do before wanna make a transaction is create an account on the crypto exchange you wanna trade in. however, i think You should find someone with the knowledge of trading that conversant with you to get the facvor, because the steps  to have a successful transaction are quite complex. In addition, you can refer to video tutorials from various sources.
full member
Activity: 602
Merit: 100
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May 04, 2018, 12:15:46 PM
#79
If still a beginner would be better to use a small capital first because to the rapidly growing price of bitcoin and altcoin one has to be able to observe the charts regularly in order to earn income every month and always be patient waiting when the price is down.
newbie
Activity: 31
Merit: 0
May 04, 2018, 11:34:30 AM
#78
1).Join Multiple Trading site Like Bittrex,Binance,Bit-z
2).Beware From Scammer If You Want To Buy Or sold Bitcoin You Can Go Localbitcoins.com & Cryptoaya.com
3).You can start at conducting a basic search on how the trading works though,start from the basic , and then use this method it's a basic method that knows and use.
4). You Have To know About RSI,MACAD,EMA,BOlliengerBand These Indicator is very Important in Tr
ading You Can see These indicator on Coinigy.com
5)Most Important Thing You Have Too wait For dip I invest money When People withdraw their Money  When Bitcoin Dominance >40% Then Invest in Altcoin
6)I secure This week More then 3k+ Profit From TRX,DGB,SC,XRP,ADA,Hydrogen
full member
Activity: 882
Merit: 126
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May 04, 2018, 08:32:08 AM
#77
I think this question you should follow the experienced person learning and directing you will be less risky. Because if you misplace your property, you will lose it completely and you will not be able to get it back, so be careful not to be too reckless when you are younger on the Crypto market.
Even the experienced person don't know exactly how the market is going to react but learning ang getting tips from them is good but I doubt that no one will share the secret of success with others so try to learn your own secret from your own experiences.
member
Activity: 378
Merit: 10
“The Premier Digital Asset Management Ecosystem”
May 04, 2018, 08:26:52 AM
#76
I think this question you should follow the experienced person learning and directing you will be less risky. Because if you misplace your property, you will lose it completely and you will not be able to get it back, so be careful not to be too reckless when you are younger on the Crypto market.
full member
Activity: 882
Merit: 126
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May 04, 2018, 07:05:37 AM
#75
Hi guys, i'm new to the field, i want to start trading but i'm not sure where to start. What crypto can I start with for a small fund (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
Sure you can start trading with $100 too,but it may not be enough for trading bitcoin,so start with some altcoin.You need to find the exchange first I suggest you to go with Binance because it is one of the reputed exchange so it may suit well for beginners too.If your country didn't ban bitcoin then you are free to start trading.
full member
Activity: 420
Merit: 100
May 04, 2018, 06:56:29 AM
#74
I think you don,t have need to any wallet you have $100 to trade so i think you should put all over the funds directly to the exchange and after decision which is the best coins for to start trading directly,
hero member
Activity: 728
Merit: 502
May 03, 2018, 02:16:25 PM
#73
The main foundation will be to make the trading.There is nothing to do with speed,to work slowly and to learn.To learn about trading, first thing is to know basic things as well as to keep in mind the market.You should see the prices in the market and many people are deceived for not understanding,so you have to be aware of all aspects.Aside from keeping stock market information, you'll need to watch videos on YouTube and keep up with experienced people.
It is an easy step but be prepare for it first. One should get enough knowledge to enter in this business after which the person would be able to run and start trading without any hurdles but the most important thing is knowledge. Now setup or create an exchange account and select your desired coin after which place your coin for selling through your exchange account that will provide you the path of selling.
sr. member
Activity: 1078
Merit: 256
May 03, 2018, 05:42:22 AM
#72
I think that at this stage we should not start with technical analysis. It's gonna take a long time. In intraday trading you will lose all your money. You need to determine for yourself a few coins that can grow in the near future and that are traded on a good exchange.
I believe you can trade at this point, you can see that today's bitcoin price has gone sideways, but according to my technical analysis, at present bitcoin prices are trending converge and prepare for a next strong rally. So I believe you can buy and trade bitcoin at this time. Have a specific plan for profit and loss to be able to trade successfully.
It can be done accordingly if you already have specific plans, the more you study and learn each things that will give you much better chances to earn, the market is volatile and the we need to be more familiar from how the sway and fluctuations, well personally I'm positive that the trend will begin to rise
little by little and after several months it will bounce back again from what its value before the year end last year.
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