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Topic: How to start trading? - page 14. (Read 2240 times)

member
Activity: 2086
Merit: 10
April 26, 2018, 11:29:39 AM
#11
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.
member
Activity: 112
Merit: 11
April 26, 2018, 10:20:19 AM
#10
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.
Do your own research about cryptoworld , Observe the rates & values of coins and make a demo account for practice , Crypto trading is not that easy you need a lot of experience to work properly & there is no universal wallet that can hold all the cryptocurrency at one place every currency have it's own wallet.
newbie
Activity: 48
Merit: 0
April 26, 2018, 09:53:08 AM
#9
You should:
1.Learn different coins
2. Develop a comparison between coins and their features.
3. Learn technical analysis especially chart analysis
4. Follow instructions of seniors and expert.
5. Go through this group
hero member
Activity: 803
Merit: 500
April 26, 2018, 08:53:00 AM
#8
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.

The buy low and sell high method a well known method , so i think it's advisable and profitable though , and ask some friends or pros on how. And by the way it's been a years since I'm trading.
member
Activity: 182
Merit: 11
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April 26, 2018, 03:47:25 AM
#7
I would strongly advise against doing cryptocurrency trading especially if you need to ask about it in the forums. Bad enough as it is because of the volatility and possible manipulation, a lack of grit and the drive to do your own research will destroy your portfolio. Be prepared to lose what you trade.

Crypto trading is not for everyone. It is only profitable for those who have insider information, those who have a ton of capital to throw around, those who have been trading and have years of experience, and sometimes even those who work so damn hard to study and analyze the cryptocurrency market. Assuming that you are none of those, you will probably end up losing your money to "whales" or big-time investors.

Take my advise and just invest long-term.
full member
Activity: 364
Merit: 107
April 26, 2018, 02:53:51 AM
#6
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.

There are already great advise. Just remeber to learn first how blockchain works. You need to know how to read charts and i advise to learn by reading or watching in youtube. I also suggest to start first with a demo account because $100 is a small fund and if you do not know what you are doing that will deplete right away.
newbie
Activity: 123
Merit: 0
April 26, 2018, 02:34:41 AM
#5
You can start in trading if you have a knowledge or skills and also a good capital.but first is you need to learn about what coin is good now or tommorow.just like that.basic strategy,buy at a low price then sell at a higher to gain a profit.don't forget also to HODL you're emotion in that case.
full member
Activity: 364
Merit: 100
April 26, 2018, 02:27:18 AM
#4
There is not hard and fast rules for bitcoin trading but if you made your mind for trading then the daily charts and trader expertise can make you expert of the crypto trading and if we know the present market changes then we will not face any loss in this money. If you want to start trading then buy some coins now and contact with different peoples for sale so you can take a good start.
hero member
Activity: 1092
Merit: 500
April 26, 2018, 01:20:14 AM
#3
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.

If you want start trading. My advise is you must start in the meantime on studying about Bitcoin and altcoin. Then, familiarize yourself in different exchange site platform because each platform you need to create an account first because you can enter to their site. And those platform I could give are Kucoin, Bittrex, Coinbene, and Binance.
member
Activity: 243
Merit: 10
April 26, 2018, 12:04:27 AM
#2
If you want to trade and you are first timer.I think you need to learn more about trading first not only on actual trade.you can watch videos and learn how to read the chart of crypto there's a lot to learn.and all altcoins is good.and after you learn how to trade try yobit,bitrx,binance.
newbie
Activity: 2
Merit: 0
April 25, 2018, 09:53:52 PM
#1
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.
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