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Topic: How to start trading? - page 9. (Read 2240 times)

legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM
May 09, 2018, 02:24:44 AM
i also wanted to start by $100 but it seems a little insufficient

Basically $100 is more than enough to start trading, I remember when I was trading for the first time few years back with $50 only. Indeed at that bitcoin was less than $1000, but I think you still able to use $100 now to start trading as you can buy some good cheap altcoins to trade with.
No need to use more than what you have, just maximize what you have to earn more.
hero member
Activity: 812
Merit: 500
May 09, 2018, 02:06:21 AM
Spend more time on reading participate in this forum to educate yourself if you learn now will earn tomorrow. Start with little amount and keep practice till aware about coins then invest in different stable coins. Dont invest all at one place and learn to control the emotions because emotions have great impact to in trading.
newbie
Activity: 196
Merit: 0
May 09, 2018, 01:13:32 AM
I suggested you to watch videos on youtube how to start trading you must learn how to read charts and the basics of candlesticks. Trading is so risky you can loss your money in a minute or gain profit in a minute so be careful invest what you can afford to lose.
that's right, and not only that, you also have to go straight to the market, with little capital to start, easier to understand than everything you learn.
Even if you are going straight to the market, it is very important that you have learned as much as you have. The thing about trading is you can learn so little and expect things to turn out fine. Learn pretty much, do not rush it and then after that, you can start practicing and making reference to some of the things you have learned. The essence of the practice is to build you some emotional strength to be able to make smart decisions in the market.

There are plenty of resources on Youtube you can watch those. There are also a lot of blogs about trading, by reading these blogs you can get a lot of valuable information.
Yes, learning should be the initial point of getting into trading. If we start trading by gaining knowledge, we may avoid losses and may find possibilities to make big profits. To become a professional trader, continuous learning and practicing are the simple ways.
I think anytime that we wanted to.learn or do is need a study. We need to study trading first before we do action like gaining a big amount of profit. I believe that if we are a beginner on the trading feild we don't have to trade a big amount or maybe we must do some practice first with a verry small amount of capital, because trading is not always profitable it is also depend on our patience.
I agree with your opinion that we must learn to study the market. And do not forget we also have to be patient. The market is not a gamble, because we do not try to fate here. suppose we lose money in trade, then take the lesson and make it as incendiary our motivation. Seanpun we do not even be arrogant, it could be because of fortune passing by.

Keep learning and be patient in the face of the situation in the market because the will of the market is not necessarily the same as our will.
newbie
Activity: 16
Merit: 0
May 09, 2018, 12:31:59 AM
I have a lot of low value coin types like RFR, EDU, THUG ... from the airdrop projects I made. what should i do with them now?All of them are worth only a few dollars.
sr. member
Activity: 1009
Merit: 328
May 08, 2018, 11:30:13 PM
I suggested you to watch videos on youtube how to start trading you must learn how to read charts and the basics of candlesticks. Trading is so risky you can loss your money in a minute or gain profit in a minute so be careful invest what you can afford to lose.
that's right, and not only that, you also have to go straight to the market, with little capital to start, easier to understand than everything you learn.
Even if you are going straight to the market, it is very important that you have learned as much as you have. The thing about trading is you can learn so little and expect things to turn out fine. Learn pretty much, do not rush it and then after that, you can start practicing and making reference to some of the things you have learned. The essence of the practice is to build you some emotional strength to be able to make smart decisions in the market.

There are plenty of resources on Youtube you can watch those. There are also a lot of blogs about trading, by reading these blogs you can get a lot of valuable information.
Yes, learning should be the initial point of getting into trading. If we start trading by gaining knowledge, we may avoid losses and may find possibilities to make big profits. To become a professional trader, continuous learning and practicing are the simple ways.
I think anytime that we wanted to.learn or do is need a study. We need to study trading first before we do action like gaining a big amount of profit. I believe that if we are a beginner on the trading feild we don't have to trade a big amount or maybe we must do some practice first with a verry small amount of capital, because trading is not always profitable it is also depend on our patience.
hero member
Activity: 2898
Merit: 639
May 08, 2018, 11:12:18 PM
I suggested you to watch videos on youtube how to start trading you must learn how to read charts and the basics of candlesticks. Trading is so risky you can loss your money in a minute or gain profit in a minute so be careful invest what you can afford to lose.
that's right, and not only that, you also have to go straight to the market, with little capital to start, easier to understand than everything you learn.
Even if you are going straight to the market, it is very important that you have learned as much as you have. The thing about trading is you can learn so little and expect things to turn out fine. Learn pretty much, do not rush it and then after that, you can start practicing and making reference to some of the things you have learned. The essence of the practice is to build you some emotional strength to be able to make smart decisions in the market.

There are plenty of resources on Youtube you can watch those. There are also a lot of blogs about trading, by reading these blogs you can get a lot of valuable information.
Yes, learning should be the initial point of getting into trading. If we start trading by gaining knowledge, we may avoid losses and may find possibilities to make big profits. To become a professional trader, continuous learning and practicing are the simple ways.
member
Activity: 378
Merit: 17
May 08, 2018, 04:06:05 PM
You can start trading with a small amount of money and gradually increase your investment, as you gain experience. At the same time, you have to gain a lot of knowledge about trading. There are plenty of resources on Youtube you can watch those. There are also a lot of blogs about trading, by reading these blogs you can get a lot of valuable information.
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
May 08, 2018, 03:56:16 PM
Trading crypto currency requires good knowledge of what trading crypto entails such as technical analysis and that of fundamental analysis. Well, i believe that the said amount you mentioned is very small for trading some of the major crypto currency and exchanges that required up to $40 fees before you can cash out from the there site.

Yes tracing needs many experience it will only help you to start earning properly so invest little amount and make some experience in trading and learn some tricks and tips this is the way to start trading.
newbie
Activity: 11
Merit: 0
May 08, 2018, 03:42:06 PM
i also wanted to start by $100 but it seems a little insufficient
full member
Activity: 770
Merit: 126
May 08, 2018, 03:15:05 PM
Trading crypto currency requires good knowledge of what trading crypto entails such as technical analysis and that of fundamental analysis. Well, i believe that the said amount you mentioned is very small for trading some of the major crypto currency and exchanges that required up to $40 fees before you can cash out from the there site.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 08, 2018, 02:55:48 PM
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.
That should always be the last thing to do for any new trader and your advise is like the worst I have ever seen in my life of trading experience for someone who is just starting how to trade. This is the reason a lot of people always end up with nothing while thinking they can just start first with trading, then worst of all day trading, while reading alongside.

Read first, and then when you are sure you have read as much as possible, start practicing a little bit with short term and not even day trading. It takes some high level of professionalism to be able to succeed in day trading. Gradually, you start building what you have learned and then stick with your own strategy for a successful trade.
newbie
Activity: 22
Merit: 0
May 08, 2018, 02:54:20 PM
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 .
Well, holding some quality coins in the process of trying out long term trading is good but it is also important to always know what to always do at every point in time which makes even your holding as a long term trader require some level of knowledge.
The thing here is to always count learning as the main priority because without that, anyone will just be busy doing it wrong until they lose everything. Once you are able to learn very well, while practicing, you will be able to get a strategy that pays you and that is it.

What one thing would you advise to aid my learning? It is difficult to find the good advice in these forums due to all the not so good advice..
legendary
Activity: 1232
Merit: 1029
May 08, 2018, 02:44:51 PM
#99
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 .
Well, holding some quality coins in the process of trying out long term trading is good but it is also important to always know what to always do at every point in time which makes even your holding as a long term trader require some level of knowledge.
The thing here is to always count learning as the main priority because without that, anyone will just be busy doing it wrong until they lose everything. Once you are able to learn very well, while practicing, you will be able to get a strategy that pays you and that is it.
newbie
Activity: 89
Merit: 0
May 08, 2018, 01:19:27 PM
#98
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.


First, you need to know the basic and learn how to trade is gaining actual experience of the trade. You can start with the small investment possible amount and learn from trial and error method. Develop your own set of strategies without relying on the others opinion and do your own research. Best wishes and Goodluck.
member
Activity: 322
Merit: 10
May 08, 2018, 01:13:52 PM
#97
To do business, get at least 50 lakhs for business purposes. Otherwise, the business will not be able to do well. If you do business in a small amount of money, then you can not do business success.
sr. member
Activity: 588
Merit: 256
May 08, 2018, 12:17:14 PM
#96
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 (<$100)? What crypto wallet can I use? Is there any legal or security issue that i have to beware of? Thanks a lot.
the first step to start trading we must have enough capital, do not need big capital first to start trading the first time so we can get used from the smallest thing first. You can choose a local storage wallet that facilitates the security and convenience of its users. in kriptocurrency trade thing we need to pay attention that is to be able to study analysis of coin price movement which we will choose to trade because value of kriptocurrency very fluktuatif, sometimes increase sharply even can go down very drastically its value, most importantly should be able to choose the type of potential coin will be traded.
legendary
Activity: 1288
Merit: 1036
May 08, 2018, 09:41:13 AM
#95
You can start with small capital like 100$ 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.
You do not need to expect much in your early days of trading as all you should be after in this moment is knowing exactly what you are doing and if you keep sucking it up and messing up your funds while learning, then you are going to be screwed.
The reason why small capital is necessary is that you are using it to practice some of the things you have learned as you keep building the confidence in your trade and things do not always go out well for a start.
full member
Activity: 462
Merit: 100
May 08, 2018, 04:44:15 AM
#94
I suggest that you start with ethereum and get on myetherwallet to learn how the client side ethereum wallet works. About legal issue, depending on your location, most countries are favourably dispose yo cryptocurrency except regulated market like USA and China!
jr. member
Activity: 178
Merit: 5
May 08, 2018, 04:33:14 AM
#93
I suggested you to watch videos on youtube how to start trading you must learn how to read charts and the basics of candlesticks. Trading is so risky you can loss your money in a minute or gain profit in a minute so be careful invest what you can afford to lose.
that's right, and not only that, you also have to go straight to the market, with little capital to start, easier to understand than everything you learn.
newbie
Activity: 166
Merit: 0
May 05, 2018, 11:31:46 AM
#92
A basic search of how trading works, from the bottom, and then using this method is the basic method of knowing and using. Low buy method and high selling well known method, so you think it is advisable and profitable. So you will not face any loss in this matter. money. If you want to start trading, buy coins now and contact with different people to sell so you can start well in exchange.
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