How to start trading on the crypto exchange? - page 9.

eaglewhite80

member

Activity: 406

Merit: 36

Quote from: anntlevel on August 07, 2018, 04:17:58 AM

Quote from: P_percy on August 03, 2018, 02:09:34 AM

I would advise you to before start trading in cryptocurrency you need to have a clear knowledge about this market. This isn't a market like stock or forex, so much volatility is present in the crypto market.
So before starting just research about it thoroughly, read charts, join groups and then you can make your way through it.

Trading is not so difficult to start but some factors are involving which are important to consider for safe and benefited trading. Now start buying Bitcoins as we know that it is available on low price so market like this cost you less. After buying Bitcoins then make an account on Binance or any other best exchange which will help you in selling time but remember that selling should take place in high market.

That is not trading, that is long term investment which you would not have to bother if what you actually consider low is truly low and could not go lower. Market is not something you just assume you have gotten to the bottom when it comes to trading, as you need to have a lot of signals to give you that, and this is the knowledge that would help you to come with a good strategy on how to play well with the market without getting burned hugely. If you do not have a strategy when it comes to trading that just buying low, then you are going to be sorry since that is more like you gambling.

Trading requires you to know when you should be getting in and out of the market which also includes stop losses and if you cannot do all those without putting in some emotions, then it would not work out well. It is not about just opening an account on an exchange, it is actually more about knowing what to do when you should.

anntlevel

jr. member

Activity: 286

Merit: 3

Quote from: P_percy on August 03, 2018, 02:09:34 AM

I would advise you to before start trading in cryptocurrency you need to have a clear knowledge about this market. This isn't a market like stock or forex, so much volatility is present in the crypto market.
So before starting just research about it thoroughly, read charts, join groups and then you can make your way through it.

Trading is not so difficult to start but some factors are involving which are important to consider for safe and benefited trading. Now start buying Bitcoins as we know that it is available on low price so market like this cost you less. After buying Bitcoins then make an account on Binance or any other best exchange which will help you in selling time but remember that selling should take place in high market.

InvestICO2L

full member

Activity: 420

Merit: 102

Generally, you have to prepare a good knowledge foremost. Because knowledge is an important key which helps you a lot in making up your mind accurately and clearly. Especially when you have an intimate knowledge, the way you access the information would be much easy to understand. You can choose bitcoin or altcoins for trading but before trading, let get full of information about the coin as you can. Next, absolutely you must create an account on the exchange. Yep, there are so many exchanges such as binance, bittrex,kucoin and the likes. Especially you have to understand much about the kind of exchange that you choose. Often, Bittrex and binance are used popularly.

oanhphong

full member

Activity: 233

Merit: 100

You need to prepare:
1) Email: Gmail is best and better when you turn on 2-layer protection with email
2) Phone: The best smartphone is Iphone and have installed 2 app Authenticator or Authy (install both 2 as possible)
3) Laptop / Computer: This tool is indispensable (Win copyright, have installed antivirus software as possible)
4) Bank account

acener

full member

Activity: 1274

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★Bitvest.io★ Play Plinko or Invest!

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.

There are ways to start trading on your own if you are eager and willing to learn all the fundamentals of crypto trading. I also started with zero knowledge here in crypto but I was so eager and my curiosity brought me to something better. My experience thought me how to do better in crypto.

Sengoko

full member

Activity: 491

Merit: 105

Quote from: localxe on August 03, 2018, 01:47:54 AM

Start slow and give yourself time to learn and understand fully what trading is all about and how it works, do not over invest, and try as much as possible not to invest money you cant afford losing. If you lose try again, be ready for anything and most important do not trade with emotions, reality is always thee best check

Absolutely fine thing. Better for you to learn things beforehand. If you are entering in something and you are blank with dataset being used here, how can you make good profit? Basic purpose of every trade is to earn profit, right? Well this would be bad for you if you are empty head for something. Just learn and equip yourself with good knowledge set.

BitcoinHunt3r

legendary

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Leading Crypto Sports Betting & Casino Platform

Quote from: steveabrahams on August 02, 2018, 10:46:01 PM

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.

It's easy to trading on the crypto exchange, even normal people can do that, not only professionals people. First thing is you need an account on the exchange, chose which exchange that you want to trade like binance, hitbtc, bittrex, kucoin and many else. Register on the exchange site, after register you can deposit your coins and start trading.

really funny but it is right, but maybe trade to gain profit is what people look in this thread. i'm not a professional, only trader who hold when stuck and sell when profit, maybe everyone can do that but manage our patient is really important

coingrowth

member

Activity: 416

Merit: 21

Yes, Crypto market big volatile market which we cannot control our emotions, so it is always good to learn many new things about the trading. Here we need to have a lot of patience before increasing it's price otherwise, we are going to lose some sort of money. Trading always needs a lot of experience before entering the market.

P_percy

newbie

Activity: 95

Merit: 0

I would advise you to before start trading in cryptocurrency you need to have a clear knowledge about this market. This isn't a market like stock or forex, so much volatility is present in the crypto market.
So before starting just research about it thoroughly, read charts, join groups and then you can make your way through it.

primejia

newbie

Activity: 70

Merit: 0

choose a market that is familiar with your language, make sure you know and communicate actively with one of the merchants there, the first is the introduction of the platform and then make a deposit, it is better to learn to use the advice of people familiar with daily trading routine. do not trade in a decentralized market first because the system tends to be more complicated.

localxe

copper member

Activity: 98

Merit: 0

Start slow and give yourself time to learn and understand fully what trading is all about and how it works, do not over invest, and try as much as possible not to invest money you cant afford losing. If you lose try again, be ready for anything and most important do not trade with emotions, reality is always thee best check

steveabrahams

sr. member

Activity: 1050

Merit: 254

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.

It's easy to trading on the crypto exchange, even normal people can do that, not only professionals people. First thing is you need an account on the exchange, chose which exchange that you want to trade like binance, hitbtc, bittrex, kucoin and many else. Register on the exchange site, after register you can deposit your coins and start trading.

Airbuxf

member

Activity: 257

Merit: 32

Create an account on exchange, verify it if needed, get a sufficient for you BTC amount, an amount that you can easily loose. Try not to buy at all time highs but given the market situation at the moment you don't need to worry about it, almost everything is down about 80%.

Maddinson100

full member

Activity: 363

Merit: 101

Quote from: gayan777 on July 26, 2018, 11:22:18 PM

I start trading 20$ last year this is the great time my life i hold now 50 coins for bis bag, i think a good time to buy all coin now

You really have improved with your investment. I really don’t understand how the market trends was and behaviors when you bought these coins but still you hard work paid off, it seems. You must not be letting this down. Keep on practicing with such enthusiasm and this would be making everything in your favor. Things aren’t that much difficult, they are just different in their own way.

Obama07

member

Activity: 228

Merit: 10

Without experience, everybody makes loose. I can make you 100% sure. Try to know some basic about trading. Make your own strategy and risk management as well. There are lots of videos, information review etc you can use to make your own strategy and risk management. Practice daily before start daily real trade. Practice always give you the idea of if the market is good or bad. Don’t invest as much as you can’t afford.

Papcio77

sr. member

Activity: 841

Merit: 251

Here is my simple tips for newbie like you, since you are still ignorant in this kind of world these few tips might help you for first trading. Only put in my the word buy low sell high. Just take this advice to earn profit in a simple way. Additional, you can pick token with high volume at the moment but had wide gap on both order of buy and sell. So for an instant you can get profit in just a minute

DonnieMitchel

jr. member

Activity: 194

Merit: 2

I wouldn't call myself an expert, but I believe my opinion would be helpful.
Buy some token that the exchange owns. trade using their token (some will have special benefits for their own client compared to the one using the exchange only as platform).
Study the BUY?SELL price before trading. Hold for some time before selling or trading the token

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: ajdaj on July 26, 2018, 03:27:35 PM

Quote from: websoftwareengineer on July 24, 2018, 11:26:35 PM

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.

You can always invest on any market you are interested every time the cryptocurrency price is dropping and from there you can earn more profit depending on how much invest.

generally the only rule for a trader, is to buy cheaper, and sell more expensive. But in all this situation there are very difficult moments, this is a real analysis of all the information on the coin that you have chosen for trading. Exchange rates, price fluctuation charts, the prospects of this project, What are the actions of the developer in the future and all the like that will affect the outlook of this coin.

It may seem simple in theory to make money when you are trading, the only thing you need to do is to buy and sell at the right time but things are a lot more complicated than that, if it was that easy then it will be impossible to make money in this market and yet we know that the majority losses money while the minority earns some money and the main factor that determines who earns money and who losses money has to do with the amount of time that you are willing to hold your coins.

lushlife

newbie

Activity: 280

Merit: 0

First is by learning the basics of the chart, how to read the chart etc.
then, observe and familiarize the market and start trading with a small
amount, use an exchange that have a decent daily volume.

PETMALU11

newbie

Activity: 144

Merit: 0

Ofcourse you need to invest a little bit money for you to start trading on other crypto exchanger, And you always set aside your outcome interms of investing for you to earn and not to be satisfied for what youve done, Always think before you do.

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