Topic: I want to start trading - page 35. (Read 19213 times)

LOl altcoins got 20 times more fluctuations and can be considered very very risk. This also applies for the top 10 altcoins.
If you want to learn or start trade i would recommend to start with fictive money and try to analyze the markets.

@stiffbud Trading can be risky so you need to study the market,the bitcoin / altcoin movement.Just roam in this forum especially those topic on trading as this can help you on your decisions. Just always remember the basic in trading BUY LOW,SELL HIGH.


Shane has a point here since bitcoin is also fluctuating. Just trade known altcoins, but base on hype and speculation.

before you start trading altcoin, you must know the risk of altcoin can be 1000% higher than bitcoin trading risk. sometimes you get profit in altcoin, but you lose at value of bitcoin.

this forum is the best place for you to learn trading. good luck dann keep trying. trading so much fun.

I am also looking forward to start and learn on how to become a good trader. But then I do not have any idea how to do this or should I say how are the transactions here possible to earn and gain more bitcoins then. Do you guys also have links to refer to start and know the trading process..

thats exactly right you have to have the knowledge about it before you do trading. As we all know the fluctuation happens but you should have the better knowledge and analyzing ability to ensure that you are taking the right path on the field of trading.

Hello,
i am into cryptocurrencies for some years but last month i am trying to trade in Poloniex for fun. I can tell you what i did.
 It was very boring for me to just read theory without any practice so i desided to jump in the deep water and just start trading BUT with VERY LITTLE ammount of money. Some money that you can lose for a day and dont care (for me it was ~ 50 $). When you start trading you will learn really fast a lot of things about how the market works, how the platform works and the most important thing - how your emotions works in that situation.
 Be very careful about this :
  At the beginning you will be very careful about your decisions and you will probably make some profit (maybe) Don't scale it in your mind!!! Just don't deposit bigger amount because you are going to lose it. First two days i have made 7 % profit and i was thinking " Shall i put some real money and try with that "  but than the price dropped a little bit and i was back in reality again .
  Just play with amount that you can lose without problems and don't let some profit blinds you.
The depressive part of the story is that no matter what you do, what you read and how good you are in this you CAN'T predict the future (market). But that doesn't mean that you can't make some profit of it and some fun.
  About the coins : It is definitely better to chose to trade something that is famous enough and a lot of people are trading it. I personally trade DASH, Ether and Monero.   
Good luck!

P.S.
Someone mentioned that Poloniex want ID verification. I am trading there, deposit and withdraw for some time and i have never been ask for ID. Is it only if you trade with leverage or what ?

Trade on my U2cloudmining system...it's free
you can buy and sell for the fun but earn real satoshi

I think trade with ethereum and dash,
it can more profit to you

that's it about trading. you have to reach a level of experience that can predict (speculate) the market so you can act accordingly.

Its good to start trading indeed. But you will never know what will happen in the future. Of course we all hope that we can make some profit later.
But that is hard to predict for what is going to happen and that is the problem...

Trading is very good to do of course. But to make some more profit, the value must rise and that is very important.
I hope that more people are using Bitcoin later in the future and that the value will also rise for a long time.

that's right.
an altcoin should have at least some daily trade volume that shows the others interest in the coin. a coin with very low volume means you will be stuck holding the coins nobody wants to buy.

p.s. Yobit has one good thing for you and that is you can join its signature campaign and use that money to trade small amounts so you don't lose any of your investment. it is a good practice but you should move to bigger exchangers like bittrex for better volume.

altcoin provide more benefits than bitcoin, but you must look how much totaly supply the altcoin, market cap and the others about the coin if you don't you WILL be make alot lost bitcoin

You can indeed start trading. But there is also a chance of course that you can lose money if the value is going down and that wont be good.
Just buy low and sell high that is the best option that you can do. But it is hard to predict for what is going to happen.

I do not know / or use yobit so no help there.
As of trading in general : you cannot guarntee only profits and no losses , if anyone tell you otherwise s/he is a liar.
If you want to do some serious trading you should get acquainted with the trading terms , indicators , volume , hours and alot of time to sit and stare the monitor 
Start small , set limits , develop your own approch and good luck

Its good to start trading around this time. The value will be more so that is very good. I hope that more people will do it.
And that you can make some profit later in the future. That will be nice, but you dont know what will happen later in the future with the value.

so you want to start trading? I suggest that study the market first. Don't just jump into the band wagon blindly.
I'm not here to suggest which of the many cryptos out there and don't start with any ICO coins. Go with the something that already proven its worth.

Its good to start trading on this moment. Bitcoin is namely also becoming more popular and that is very good for trading.
We all hope that Bitcoin will be more used in the future and that the value will rise for a long time so we can get some profit also.

Trading in cryptocurrency can be good if you understand the coins you are trading. You need to hav more information before you start putting your coins on the trading platform. We are having new coins coming into the market every day and people are always there to promote them for their own gain. Therefore it is important that you take your time to understand every coin before you start trading.