Topic: How to start Trading for newbie - page 24. (Read 2170 times)
you need basic knowledge first by researching. you can start in bitcoin first what does it do or what does it mean. most things in cryptocurrency revolve around bitcoin so learning what bitcoin is very useful. in this forum a lot of information is laid what you have to do is read and learn from it.
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 ..
Answer so much appreciated thanks ..
There are many ways but the first you need to do is gather some information about trading, you can use this to start.
Here are some list bitcoin exchanges sites:
*Bittrex
*poloniex
*binance
*coinbase
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 ..
Answer so much appreciated thanks ..
First, you need to know the basic. The basics of trading include all of the factual information about trading: what markets to trade, how prices move, order types and how to place them, risk management, trading hours, how to monitor trading performance, and how much capital is required to trade efficiently. And find a people who expert when it comes in trading because aside from you need to conduct research you need a mentor for better understanding.
first thing to do is to become familiar with the risks involved in trading.
the biggest risk is the risk of exchanges which is a serious and a very common one. they scam people left and right no matter how big or trusted they seem to be.
the other risk is the market itself, it is pretty volatile so you have to accept that there is always a big risk that you lose a lot of money.
knowing these risks you can act accordingly, for example you should invest a smaller amount so that if you lost it all you won't be devastated.
the rest in my opinion is juts experience which you can gain by actually trading.
the biggest risk is the risk of exchanges which is a serious and a very common one. they scam people left and right no matter how big or trusted they seem to be.
the other risk is the market itself, it is pretty volatile so you have to accept that there is always a big risk that you lose a lot of money.
knowing these risks you can act accordingly, for example you should invest a smaller amount so that if you lost it all you won't be devastated.
the rest in my opinion is juts experience which you can gain by actually trading.
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 ..
I think you should know what's the difference between trading and investing. Trading is a process where you can earn a huge amount of money in just a short term of time because you'll just have to do the buy and sell while Investing is a process where you can earn a huge amount of money in the long term of time. Both process is profitable. It is all up to your skills which one suit you the most. Answer so much appreciated thanks ..
As a trader, I can give you a few tips when I started trading. When you trade, never involve your feeling or intuition. Always analyze the chart before opening a position. Study price action first, it's the basic. Learn candle formation like reversal or continuation pattern then you can predict where the market will go. Remember, trend is your friend.
You can go to youtube, google or trade information on this forum and learn it by yourself.
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
Awesome article link share by you I think, it's totally helpful for newcomers which wants to trade via bitcoin. also I suggest for gain more experience about trading, follow this forums trading discussion and marketplace discussion regularly. I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
You can go to youtube, google or trade information on this forum and learn it by yourself.
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
Their are a lot to learn about bitcoin especially when you go for trading, just like newbie just study hard so that, someday you will not regret when ypu entering in bitcoin life. Because you must be smart to used youre bitcoin. I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
The main advice: do not rush! The market always provides enough opportunities for profitable trades. Learn about exchanges, about trading according to technical and fundamental analysis.
I think you should learn more about read and forecast candle chart, because from the candle chat we can see how bitcoin in some hours/days later. This is very important, because if you don't know this how you can choose best time to buy or sell?
Start from just by small amounts, here don't looking for the profit first but looking for an experience and knowledge, after you have enough experience and knowledge you can start from bigger amount. Good luck!
Start from just by small amounts, here don't looking for the profit first but looking for an experience and knowledge, after you have enough experience and knowledge you can start from bigger amount. Good luck!
You can go to youtube, google or trade information on this forum and learn it by yourself.
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
Yes thanks did some other research too and trying to understand it,currently reading it now https://99bitcoins.com/newbies-guide-trading-bitcoins/ .
You can go to youtube, google or trade information on this forum and learn it by yourself.
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
I found this from a post a few months ago.
https://99bitcoins.com/newbies-guide-trading-bitcoins/
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 ..
Answer so much appreciated thanks ..
Jump to: