Topic: How to start trading on the crypto exchange? - page 4. (Read 2294 times)

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.

If you have previous experience in trading, I would say, just invest and hold on. And if you have no previous experience in trading, wait and learn well about trading before making any investment. Choose some good projects and invest in them. But in the beginning, you must invest a small amount. You can always invest in a market where the price of cryptocurrency is declining and hopefully, from there you will succeed in most cases.

start with little amount, somethingyou can afford to lose. And most importantly try using an exchange with a simple but secured user interface, exchange  like coinex, master the art of trading by getting tips from pro regularly and be patient.

I think you have to learn first how to trade then you can invest small amount to start trading .I also think you can see a lots of video on before starting your trade cause trading is so risky .You can open account to the exchange and see how the market act and see the news behind all about crypto .That's how you can start .

To get started, you can check out this article: https://thecoinshark.net/bittrex-review-a-trustworthy-crypto-trading-platform. Here you will find basic information about the platform. And also, some points about trading. If you need professional advice, then maybe you can use their guides that are for sale? I'm not sure the professionals will waste their time and share advice for free.

Welcome to crypto trading world with us but at the same time i will say you have to give steps in trading carefully. I am not saying to fear crypto trading but you should read more and more in trading section of forum about how to be a successful trader in this market. This is not that you came with money, invested and go but target some special coin , make research and then invest your money.

You will be succeed. thanks

- A Cryptocurrency Wallet (or two). For Example, atomic Wallet, Trezor, or even the wallets offered on Exchanges.

- A cryptocurrency exchange (or two) to trade on. For example Coinbase, Bittrex, or Binance.

The Next Step is Trading. when trading, you can:


- Trade dollars to crypto (for example US dollars to Bitcoin or Ripple to US dollars).

- Trade crypto to crypto (for example Bitcoin to Ethereum or Ethereum to Litecoin).

Hi!

Been there on your spot before so I would give you information as much as you need in order to attain success if you choose to trade in the cryptocurrency market.

Start in learning. Educating yourself of how to:

1. Read and analyze the charts. Use technical analysis
2. Navigate the exchange you have chosen

Because on my early years, I try to trade immediately without any prior knowledge about trading. I lost some money and when I start to educate myself, I still keep on losing money. A lot of factors was the reason for that. Fear of Missing Out, not enough knowledge, disbelieving, etc.
So what I did was to continuously learn and learn everyday. Best way to is find a legit and great mentor that will guide you along the way, I have one too before, so that this guy will warn and guide you to the possible and common mistakes of newbie traders. You can also learn from the internet. There are tons of it there to be honest, find a good one and the hardest part, backtest, lose money and learn from it.

When you start to trade and learning along the way, try and focus to trade small amount like maybe $100 or less. In this way, if you lose, its not that much on your part. When you can make it big, use the same way you did when its small if you add some capital.

Always use risk management and control your emotions. The market does not know us and can screw us anytime so be careful.

In order to start trading on a cryptocurrency exchange, you need just a little - register on it and make a deposit. All this can be done within 10-15 minutes. However, not everything is so simple. You should be very responsible when choosing a trading platform and trust larger and more proven platforms. It is also worth getting a hardware wallet in advance - this will be the safest and easiest solution for storing your coins.

It's all right. Before you choose a trading strategy, you need to consider your goals, risk appetite, affordable time and available capital. Every trading decision is aimed towards financial gain and the best Bitcoin trading strategy is usually what keeps the profit high and loss minimal or non-existent. I wish all newbies trading success. Trading is the best job in the world))

If you have any interest in trading or investing there is no denying that Cryptocurrency trading is the most popular investment approach in the current market. But for this you have to have experience and the decision is yours it is best to start with the trading experience you have. You also need to start crypto trading by watching various videos or practicing about the market it is better to use small capital.

You can get any information that you need to know when you are already about to engaged in cryptocurrency. Basic knowledge and information that you need will easily get by searching it. All i can say is ask yourself first do you really decided to engaged yourself in trading? Do you already convinced yourself to risky trading and investment, are you willing to give up your investment in only a snap of your finger? If yes then you may proceed on creating your account in any legit exchanger.

Getting started with trading crypto is easier now as compared to before when there is limited access to information. You can basically get all the information you need concerning trading online just by making the necessary searches.
Trading crypto, just like all form of trading, requires extensive studies and getting the required skills. You can get all these through thousands of tutorials online.
Concerning exchanges, there are several exchanges out there. You just need to evaluate some of them to see which suits you best. However, I'd recommend Binance just like most people on this forum will. It has good user interface and its trading fees are relatively cheap.

It's easy to find tutorials for getting started with trading on the cryto exchanges. We can search from this forum or even search on google.
It will also be easy to find articles explaining how to start trading on exchanges. But I suggest learning to trade on the exchanges from
YouTube platform, because it's usually easier to understand if the explanation is in the form of a video. First of all we should use popular
and trusted exchanges to start trading on exchanges. So my advice is to start looking for good exchanges to trade with.

This is called shill!
I don't think that at present a beginner will go to trade on such resources, when any request on the Internet comes out Binance advertising from everywhere... The same Coinmarketcap offers to buy coins on Binance or other major exchanges...

I don't understand why people prefer dubious resources over those cryptocurrency exchanges that have a fairly good rating and, at the same time, have visually understandable functionality for a beginner, especially if there are minimal restrictions for a trader, like Binance.

It's easy to get started trading on the crypto exchanges, the important thing is that you already have the capital to trade.
After that choose a reliable exchange for trading, I usually recommend using Binance. If you have successfully created an
account on Binance, you can make a deposit. After that you just have to select the coins you want to buy, after finding good
coins, you can immediately buy them. After successfully buying, determine what price to sell at, after that we only need to
wait until our selling target is achieved.

Remember changelly has scam accusations and its not really a traditional centralized exchange, better go with Binance which has less fee and no KYC policy for decent amount.Just register and deposit funds then start trading its very simply.

To me, it's Changelly Pro. This Pro status unlocks you the way to a number of cool trading features. I managed to gain a bigger sum than usual.

 and which exchange did you choose after all and how's it going?