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Topic: How to start trading on the crypto exchange? - page 3. (Read 2312 times)

newbie
Activity: 1
Merit: 0
I am new with all trading stuff. And Can someone clarify if investing with bitcoin is worth the price?
jr. member
Activity: 48
Merit: 1
Welcome to the forum!
1. It is necessary to understand that you can lose most of your money due to drops in cryptocurrency prices.
2. Learn the basics of trading and try trading on a demo account.
3. Study videos about trading on the cryptocurrency exchange of your choice.
4. Select the most important criteria for choosing a suitable cryptocurrency exchange.
If you have done all this, then you can start trading, by the way, I advise you to use this tool to select a suitable cryptocurrency exchange according to the criteria.
sr. member
Activity: 1512
Merit: 397
PredX - AI-Powered Prediction Market
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

-Search for a trader mentor
-Buy Technical Books
-Learn Online

Of the three that are effective, you can find a mentor or someone who has been in the trading business for a long time. because they will help you experience and also technically. believe trading is not as easy as you imagine. here emotional and technical we must be able to manage. no problem you are thirsty to pay because this knowledge will be very useful to be able to get a profit
full member
Activity: 854
Merit: 101
To start trading with crypto exchange you need to have capital first, then know the coins you wanna buy in the platform, also make a research of it before buying it in the exchange. Then, having an idea and knowledge about trading in crypto is surely an advantage. Lastly, always based you options to buy coins at top in the market.
legendary
Activity: 2030
Merit: 1189
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

If you have absolutely no experience, then I advise you to find an exchange with a demo account, where you can hone your trader skills and work out different strategies without investing, and most importantly, without investing your hard-earned money.
There's some truth to that but I feel that some people don't try hard enough if their hear-earned money are not at stake.
My view, is that it is. best to learn with your 'own skin in the game'. You don't have to start with much, just as little as 10$ would be enough to get you started. Maybe challenge yourself to turn that $10 into $50 in two weeks or some other realistic timeframe for you.
hero member
Activity: 1260
Merit: 504
Exchanging with genuine digital currencies and not on a demo account you need to know at any rate the essentials of key and specialized examination. Make insightful decisions,not surged ones. Check the Coinmarketcap and see which token or coin you intend to Buy and hold. Indeed, you heard it right, select a token or coin first not select a trade since you may anticipate purchasing a token or coin that isn't recorded in the trade that you chose.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


i would suggest for the first time you trade you must first observe trading sites like binance on how flow of coin and the graphs are working, watch videos and read articles about trading so that you can get more info. after you gather all information its time for you to trade you must cash in small amount for you to practice trading, as far as you trade you will learn different techniques on how you can gain profit in trading,

Although it is good that you start trading once you understand the market a bit, I would suggest that you prepare even more, so that when you have to trade you have more knowledge, when putting money in the market, it is not good to lose it, it usually brings Confidence problems even disappointment, the best for this is, once you have the respective knowledge, start testing your plans in trading but with play money, most exchanges can be traded that way, and if the result is good , you can start trading with real money, and let it not be too much so that you can have control of your balance.
sr. member
Activity: 672
Merit: 250
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

If you want to start trading you need to create knowledge about crypto. How can you create this? You need to follow some blog article that give you regularly information. Then you can invest small amount. You can start trade in this way.
member
Activity: 431
Merit: 11
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

I am not a professional, but first you have to consider is to make or register an account on the exchange/s you want to trade with and verify your identity if they told you to do so. After making an account there is a respective address of btc or alts you want to trade with, in case you want to deposit some funds.
hero member
Activity: 1484
Merit: 928
There are lot's of exchange which you can start using to trade and they are kind of easy. The best Cryptocurrency exchange which I will recommend is binance I think is easy to use just download the application and sign up after that you can start depositing, the exchange is easy to use and your funds are safe there. As a newbie or as a trader there are lot's of things you have to understand. As a newbie you have to start trading with a little funds try and understand the system first before increasing the amount you will use to trade. As a trader never borrow money to buy any coin and always invest what you can afford to lose. As a trader you don't have to be greedy always know when to exit the market and take your profit. As a newbie always make use of ur stop lose is better you lose 10% of your fund than 70% of your funds.
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


i would suggest for the first time you trade you must first observe trading sites like binance on how flow of coin and the graphs are working, watch videos and read articles about trading so that you can get more info. after you gather all information its time for you to trade you must cash in small amount for you to practice trading, as far as you trade you will learn different techniques on how you can gain profit in trading,
sr. member
Activity: 1554
Merit: 334
Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
In other words, ride and follow the trend. Your TA alone is not enough for you to make a successful trade, yeah there could be sometimes it would work but not all the time especially on this kind of occasion where big influencers like Elon and whales could be a great factor upon market's movement. The learning here is you should not be contented with what you have but rather get out of your box and do information outsourcing starting from the news, what is the current trend, and more.
sr. member
Activity: 980
Merit: 250
$CYBERCASH METAVERSE
Start trading on the crypto exchange looks easy when you can control outside news and not only focus with chart and analyze, many time your chart become broken after tweet by Elon Musk, so you need to combine chart and outside news update what will happen with your coin trading, always check with new update from coin by hard fork, main net and any news could make some coin have higher and lower price.
jr. member
Activity: 187
Merit: 1
Sinjokubhi
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


Hello, I think to get started you need to have an account first, you can register with a trusted platform or website, such as Binance or Bittrex. I suggest to use a demo account first before directly depositing your money, you can
practice first to hone your skills in making real trades using a demo account.

Don't forget to always monitor the price of the currency you are buying on the marketplace, if you have started your trading business. In order to protect your cryptocurrency, you must have a wallet. The wallet saves your private key and public address which helps you store, send, and receive cryptocurrencies.

Don't rush into making decisions when trading. Especially in buying and selling currencies. because it will be risky if we do it carelessly.

Keep the spirit. I'm sure you can, if you want to keep trying and learning.
member
Activity: 938
Merit: 13
Tontogether | Save Smart & Win Big
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

If you have absolutely no experience, then I advise you to find an exchange with a demo account, where you can hone your trader skills and work out different strategies without investing, and most importantly, without investing your hard-earned money.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
Have an amount that is not your food money. A sum that you are willing to gamble since putting it on an exchange is also a risk besides the loss of trading. Have yourself a quality exchange that people do recommend and has atleast a good reputation. Never trade with emotions. Be patient set a time frame for your goals and never panic buy or sell, plan everything accordingly. And lastly, always have BTC

dont think the OP is reading comments here as he was last online dec 2018. he should go back in crypto and look at what btc has achieved so far. maybe he got disappointed after the 2017 bull run, and the price declined in 2018.
but your points are correct. use money that is not for your basic needs. and you can add binance as a trusted exchange for beginners.
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
Being a dependable dealer of course you have got to go through all sorts of disappointments or blunders that will happen. and as a rule for a dealer who does not have patience or does not need to memorize from botches, of course they will give up some time recently they get victory.So I cruel don't ever be perplexed to begin for fear of disappointment since I think that it is really from the disappointment merely will pick up involvement and certainly not rehash the moment.
newbie
Activity: 10
Merit: 0
Have an amount that is not your food money. A sum that you are willing to gamble since putting it on an exchange is also a risk besides the loss of trading. Have yourself a quality exchange that people do recommend and has atleast a good reputation. Never trade with emotions. Be patient set a time frame for your goals and never panic buy or sell, plan everything accordingly. And lastly, always have BTC
newbie
Activity: 12
Merit: 0
Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.


I am far from being called a professional, but I can recommend starting to explore the exchanges. For example, start learning about their features. This can be done on sites such as https://cryptototem.com/latoken-review/. Also, you can often see initial trading guides here. Nothing unusual, just a description of the most basics.

sr. member
Activity: 2338
Merit: 365
Currently, there are many video tutorials circulating on YouTube...
If you are new to cryptocurrency trading, you should check out YouTube. average there the explanation and stages are very complete and you can adjust it to your own language.

...
First you tell me which amount you have that you want to start Trading. You are new in here so i suggest you that start to small amounts. You find some coin that future is good and it price can be increase. Other when coin price increase or decrease. When you known it you can make huge profit.
starting trading with a small nominal is highly recommended, especially for beginners who still don't have experience in trading.
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