How to start trading on the crypto exchange? - page 6.

wxa7115

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Quote from: Dudeperfect on January 17, 2019, 11:57:08 AM

I believe that one can start with the lowest required amount and learning the process of trading through the trial and error method because even if he is losing his capital, it will teach the lesson on the lower level that could possibly bring handsome profit later. One should never blindly follow other's opinion and do his own research before taking any trading/investment decision. I have lost my capital multiple times in my initial days of trading when I used to trade based on other's opinion and tips without any second thought.

I do not like this idea, if you still need to learn when you are making your first trades then you are not ready to begin trading at all, it is better to watch the markets some more and refine your strategy even further and trade on paper until you are ready, I say this because many people that are new to trading make mistakes so huge during their first trades that it is impossible for them to recover the money lost even after they learned their lesson.

So it is a better idea to learn all what you can before risking a single dollar that way you will diminish the number of your mistakes and the impact those mistakes have on your capital over the long term.

Dudeperfect

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I believe that one can start with the lowest required amount and learning the process of trading through the trial and error method because even if he is losing his capital, it will teach the lesson on the lower level that could possibly bring handsome profit later. One should never blindly follow other's opinion and do his own research before taking any trading/investment decision. I have lost my capital multiple times in my initial days of trading when I used to trade based on other's opinion and tips without any second thought.

mersal

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Quote from: ruthwithers1980 on January 17, 2019, 01:42:58 AM

I'm not a professional but I think it would be best if you research about exchanges first. For me, it is very important that you know the different exchanges before joining one. The exchange that I would recommend you to join is Changelly.

Before getting into trading business you will definitely need to be interested in this job without interest any profit will not be delivered from you because without interest the time we spent in trading business will be reduced that's why I am saying this.

voltesbit777

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Quote from: Bountydate on May 21, 2018, 04:31:15 AM

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

To tell you frankly, as a newbie you don't need to rush yourself to make the actual trade in the platform. Then, since you are a novice for awhile

it is really a good idea that you can start with small amount of capital. Also while doing it, you must do learning about it too.

Life_time_student

newbie

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Quote from: Bountydate on May 21, 2018, 04:31:15 AM

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

1. Read good articles.
2. Follow trades.
3. Paper trade.
4. Trade on Testnet.

Article: https://coinswitch.co/info/technical-analysis-for-beginners-detailed-guide-on-technical-analysis

ruthwithers1980

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I'm not a professional but I think it would be best if you research about exchanges first. For me, it is very important that you know the different exchanges before joining one. The exchange that I would recommend you to join is Changelly.

anggi

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Quote from: Aivaryamal on January 16, 2019, 10:25:11 PM

It is very easy to start, you make a deposit on a good exchange with a sufficient volume of trade, choose a pair and analyze its change in a couple of days

to start trading, of course you have to have assets, courage and information. however, if you are new to this, maybe you better read a lot about trading, and look for information about coins that you are interested in. besides that, learn from youtube videos, and try to learn by using demo trading. if you want to start, then recognize the risks that you will face later.

Aivaryamal

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It is very easy to start, you make a deposit on a good exchange with a sufficient volume of trade, choose a pair and analyze its change in a couple of days

karungbitcoin

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Its very easy, firstly create account of exchange and turn on all security feature and then make deposit, after that start to buy low and sell high. But the difficult thing is to make profit consistently, and that why we should be have skill for technical analysis and risk management. Use exchange that has feature of stop loss is better to manage the risk more easy.

wxa7115

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Quote from: Bountydate on May 21, 2018, 04:31:15 AM

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

Starting your career as a trader is not complex you only need some money and to create an account in your favorite exchange, that is the easy part but becoming profitable is something entirely different and it is something that has been discussed in the forum many times and the only way you can become successful at trading is if you take the time to go deep in the subject and learn, if you do not and think about all the money that you will make in an easy way then you are doomed from the start.

Making money in trading is difficult and anyone that tells you otherwise is lying or he has forgotten how difficult was at the beginning for him to get profits.

BeGoods

legendary

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Quote from: kaizerblitz on January 08, 2019, 10:08:08 AM

If you want to learn on that you need to be educate first all you have to do is research on web or watching crypto stuffs on youtube and if you think you learned fast you can now start trading or practice on small amount of bitcoin or other alts.

The important thing to do is to increase your knowledge of crypto and the market, how to read the direction of the market,
strategy to read charts and so on. it was the first thing to do when starting a trade.

vixcious

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Quote from: Bountydate on May 21, 2018, 04:31:15 AM

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

If you have not yet traded, you can refer to the trading tutorial videos on youtube, it is very effective for you.
In addition, if you are newbie, you should only trade at $ 200-400 to experience. This is something you really need to keep in mind because newbie often has to go through a lot of failures. Our market operates slightly differently than other financial markets so you should not invest too much.

BeGoods

legendary

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Quote from: kaizerblitz on January 08, 2019, 10:08:08 AM

If you want to learn on that you need to be educate first all you have to do is research on web or watching crypto stuffs on youtube and if you think you learned fast you can now start trading or practice on small amount of bitcoin or other alts.

All you need to do in early is to read all things about crypto and trade. read about the way and stratagy to read the direction of the
market and then finally try it. don't be afraid if you lose. it's part of learning.

Timmzzy

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SOL.BIOKRIPT.COM

Quote from: Bountydate on May 21, 2018, 04:31:15 AM

Hello guys, how to start trading on the crypto exchange?
I would like to hear the opinions of professionals people.

Every Exchange has its own ways and patterns to trade on them definitely for a NEWBIES I will recommend binance Exchanger for him or her, it is simple and flexible, First of all when you want to start trading there you have to register, now fix in your securities either 2AF or SMS means, now transfer your funds either ETH or BTC depending on the pair you love now, use it to buy other small coins at cheap price and sell them high. Now in this case you have to know how to get in a trade and get out, its all regarding learning the charts and how to interpret them too. I recommend you Also do research and read articles too, that will Also help.

kaizerblitz

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If you want to learn on that you need to be educate first all you have to do is research on web or watching crypto stuffs on youtube and if you think you learned fast you can now start trading or practice on small amount of bitcoin or other alts.

harleymasters

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In my opinion to start a transaction in the cryptocurrency market is extremely easy that anyone can do. Please refer to basic knowledge on youtube from how to set up an account and place trading orders. The biggest difficulty is how to get that profit which is the question you seek. As a new investor start with small orders to gain experience. My advice is never rush to make a decision. The money of this world is moving from impatient to patient. Before making a decision, please take a deep breath in 4s. Good luck!

@Hakermania@

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MenaPay - Crypto made easier than cash

Some advice: choose a platform with high liquidity and learn how to use it. The easiest to use in my opinion are: bittrex, poloniex, binance. Do not keep all your funds on the exchanges and store them safely because remember: you own cryptovaluta only if you have private keys, eachone is the bank of himself in this ecosystem.

St4yInTh3D4rk

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"STAY IN THE DARK"

Quote from: Cpt. Africa on January 07, 2019, 12:35:26 PM

I am sure, that you will find answers how to create account and start trading. And here I will give you some recommendations:
Strat slow, but steady investment.
Only invest the amount, which you can afford to loose 100%
Keep faith in your investment
Don't trade daily, until you know what are dealing with.
Invest when market is red, be cautious when it's green.

Its good read but when someone invested only the affordable money to lose then they can start day trading as well by learning the trading beginners strategies.Youtue videos might help him to get an idea than looking for suggestions/

Cpt. Africa

newbie

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I am sure, that you will find answers how to create account and start trading. And here I will give you some recommendations:
Strat slow, but steady investment.
Only invest the amount, which you can afford to loose 100%
Keep faith in your investment
Don't trade daily, until you know what are dealing with.
Invest when market is red, be cautious when it's green.

enawati

full member

Activity: 574

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https://adonx.one

Before put real money in to crypto exchange, you should be have first knowledge about technical analysis so you will know how to determine support and resistance area and you can decide when to buy and sell. And you should be have some skill how to minimize the risk from the high volatilitas of crypto, use stop loss is one of the risk management.

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