How to start Trading for newbie - page 23.

Turagsoy02

newbie

Activity: 56

Merit: 0

Quote from: ninabobo on March 09, 2018, 03:40:06 AM

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

To start trading you must have a trading base. very important, so you do not get stuck to the destruction caused by ignorance. Nowadays, there is not much you can do besides seeking a lot of knowledge about trading.

Right "there is not much you can do besides seeking a lot of knowledge about trading." currently doing some deep research about
including the risk of it how to minimize it and maximizing your profit

wesbrook2

newbie

Activity: 81

Merit: 0

You can search the informations about bitcoin at the internet and you can also watch at youtube how to invest safely

ninabobo

full member

Activity: 463

Merit: 100

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

To start trading you must have a trading base. very important, so you do not get stuck to the destruction caused by ignorance. Nowadays, there is not much you can do besides seeking a lot of knowledge about trading.

Hellobx

member

Activity: 224

Merit: 10

The Experience Layer of the Decentralized Internet

I suggest you start with learning knowledge.
At bitcointalk forum there is a beginner's section, so you can learn a lot, and you can also buy a book about blockchains and bitcoins.

faceoff97

full member

Activity: 644

Merit: 113

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

The simplest way would be getting your self a wallet that will allow you to store different kind of coin. In my case, Ive started using a local wallet app that allow me to store Bitcoin and etherium which is also has the feature to easily convert the coin to a local currency and make an exchange in the nearest exchange stores. Make sure that you are choosing a reliable app, there were exchange that actually just stole money. Beware of those, there were actually recognize wallet that is a well known one particularly in you country you might like to choose it.

dreamer81

sr. member

Activity: 616

Merit: 252

My experience tells me that it's much easier to just hodl and trade. The profit is also much higher. Specially in crypto where we see 1-2-3000 % sometimes.
Imagine you buying a coin that climbs 500%, do you sell??? what if it climbs another 4000% and you sold it all?

really, just hold

asdnguyenthanhtin

jr. member

Activity: 100

Merit: 5

Search and learn as much as possible

itsmesanti

newbie

Activity: 42

Merit: 0

there is always risk first know what is the major risk of it then gather some ways to effectively start trading with the strategy and don't stop reading

vinz7229

full member

Activity: 308

Merit: 128

Quote from: JehJeh121 on March 09, 2018, 01:35:34 AM

I suggest you to open now an account on the exchanger you prefer so that you will know how trading works and before you start trading you must study the coin you will buy and watch some tutorials in youtube about trading.

that's true, trading is very risky you need to seek a lot strategy before you go on, If you’re buying a long position, decide in advance how much profit is acceptable as well as a stop-loss level if the trade turns against you. Then, stick by your decisions. This limits your potential loss and keeps you from being overly greedy if price spikes to an untenable level. Exception: in a strong market it’s acceptable to set a new profit goal and stop-loss level once your initial target is achieved.

jona

member

Activity: 266

Merit: 10

If you can follow instructions online perfectly than it will be nice you learn this from videos on youtube otherwise look for a physical tutor to guard you on how to trade

kristensoto

full member

Activity: 490

Merit: 100

Quote from: Ausgewielt on March 09, 2018, 01:38:21 AM

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

1. You should have bitcoin or other cryptocurrency. You can buy it directly in local bitcoin exchanges or earn it by using faucet(need very long time) or join signature campaign or mining.

2. You should register in exchanges site such as poloniex or bitfinex

3. You can start trading and increase your knowledge in trading by learn it from tutor, book, YouTube videos, article and etc

Trading cryptocurrency is risky investment/activity . Cryptocurrency market is very unstable and unpredictable, I suggest you to use money which you are ready to loss.

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

it is true that having some btc at the begining is very important, but i think for a newbie, having knowledge about trading is the most important, from that knowledge, you can choose a good exchange to put money into, but dont put all the money into 1 exchanges but many, finally, investing into huge amount of crypto at the begining is not a good idea, you should trade small first to understand the market and increase in the future.

bitfocus

member

Activity: 532

Merit: 15

You need to "Educate" yourself with trading knowledge. no worries, it's not that hard, google a little, dig this forum, watch threads related trading and just analyze a lot

hadveach

full member

Activity: 448

Merit: 102

you can start by buying bitcoin or atcoin as capital, then, you choose a comfortable exchange for you.

I think cryptopia, bittrex and binance are very convenient for trading.

but before you get started, are you ready to take risks in trading?

Dudeperfect

hero member

Activity: 1190

Merit: 534

The best way I know to learn how to trade is gaining actual experience of the trade. You can start with the lowest 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. Do invest your time in understanding the market before investing your money.

azhariejaya

full member

Activity: 546

Merit: 112

if you want to start trading, first, invest your money that you can afford to lose, never put your money in one basket and learn basic tips for trading, you can find many article or tutorial on google, youtube or this forum, learn about technical and fundamental analysis.

Ausgewielt

full member

Activity: 453

Merit: 104

Quote from: Turagsoy02 on March 08, 2018, 07:41:26 PM

I want to start investing in Trading someone can help me how can I start , What things to do and how ?

Answer so much appreciated thanks ..

1. You should have bitcoin or other cryptocurrency. You can buy it directly in local bitcoin exchanges or earn it by using faucet(need very long time) or join signature campaign or mining.

2. You should register in exchanges site such as poloniex or bitfinex

3. You can start trading and increase your knowledge in trading by learn it from tutor, book, YouTube videos, article and etc

Trading cryptocurrency is risky investment/activity . Cryptocurrency market is very unstable and unpredictable, I suggest you to use money which you are ready to loss.

Prodigan786

sr. member

Activity: 434

Merit: 250

Buy bitcoin or ethereum from local exchange using Fiat currency otherwise use coinbase . Move currency to Exchanges i think Binanace , Kucoin is better now . Even you can keep otion for Hitbtc and Cryptopia . Then after buy coins using bitocin or ethereum .

JehJeh121

newbie

Activity: 154

Merit: 0

I suggest you to open now an account on the exchanger you prefer so that you will know how trading works and before you start trading you must study the coin you will buy and watch some tutorials in youtube about trading.

btccrusher

member

Activity: 742

Merit: 12

A lot of good answers already submitted I'll add one more. I suggest you check out https://www.thebalance.com/bitcoin-101-4073292 this. I'm pretty sure you'll understand what you should do.

winyau8888

member

Activity: 131

Merit: 12

I am a baby to cryptocurrency~

There are so many tutorials to read and learn. Actually, that's will not help you to be a trader unless you get into the market and applied by yourself. Gain some pain and you will learn it fast!
I hope it is the pain that you can suffer.
Cheer~

Topic: How to start Trading for newbie - page 23. (Read 2188 times)