Topic: I'm a beginner, I want to start trading. What should i do? - page 14. (Read 13477 times)
As traders, our job is to take advantage of opportunities in the markets. Sometimes, these opportunities come in the form of entirely new markets. I've been interested in cryptocurrencies for a few years now, but I've been very reluctant to trade them, much less write about trading them. I felt that there was just too much risk. Especially for the average trader.…and quite frankly, I didn't understand them well enough myself. Anyway, as I have done more research and have actually started trading them, I have found that there are tremendous opportunties. With some coins, it's potentially like being able to get pre-IPO.
You have already taken good initiative before starting the trade of bitcoin as new comer. Well yeah you actually have got pretty decent amount of money in the bitcoin form which can be divided into different portfolio if you are comfortable with it. What I mean with portfolio is to invest your money into five to ten range of the altcoins which are potential jumpers in the near future. I mean they are worth cents now but if by any chance they get dollar prices then you can consider yourself lucky to have that portfolio as you will get hundred times returns or even better sometimes. My point being that you stay smart with your investment and keep the investment at minimal risk. The best place to get started would be bittrex and poloniex. For easy handling site you can try out livecoin as well.
First thing that you should do if you want to enter on the market is to make a research about a certain coin that you want to invest and study it so that you have a knowledge on what you are entering and also you can make a strategy that helps you to make a profit from it.
Researching on a coin before buying in is always very important. Find out more, see if it comes with a strong backing, most especially if it is new and see if the position is a very good one to buy. However, altcoins can be quite risky most times when they are new so it is always good to trade the ones with high market cap and support than trying out something you will need a huge research to be sure. 
On the off chance that you truly need to procure by exchanging, you have to find out about trading, trading is additionally high hazard on the off chance that you don't know how to trading, my assessment visit this forum Trading Discussion string it's truly useful for everybody
bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
I will suggest him to do the same. As far as I think so, I will suggest him to first of all decide this thing that which crypto currency you want to trade in. After that, before starting doing trade learn and gather as much knowledge as you can so that you can get a good amount of profit.bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
Since this person is a beginner then he needs capital, I highly recommend that he should start by joining bounty campaigns and when he earns enough money then that is the time to start trading. Always remember that in trading, Profit will be always depending on the amount of capital you have.
Start a trade only when you know why you’re starting and have a clear strategy for afterwards. For each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. You should follow the coin’s chart and identify low and stable periods.
On the off chance that you truly need to procure by exchanging, you have to find out about trading, trading is additionally high hazard on the off chance that you don't know how to trading, my assessment visit this forum Trading Discussion string it's truly useful for everybody
bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
Yes, this forum and youtube are very good place to learn the art of trading. It is fallacy to be able to learn it on one's own by gambling with the assets one has and then fumbling up so many times. It is best to learn from the mistakes others have made in the past, the strategies they use and how they have been winning. bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
Youtube is one of the very good places to get something practical and get to work as soon as possible.
Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
this is a simple question, if you have a capital of 0.5 BTC you can multiply by buying altcoin the price is cheap but with developers who can believe, you can buy altcoin whose price is about 0001 bitcoin to invest.
Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
0.5BTC is good amount to start trading, just be sure that this is not your life savings or this is not something that you and your partner saved for a special occasion. Better yet, use your spare money or what other calls as money that you can dispose that if you lose, you can still sleep well at night. I hope you get what I'm trying to say.Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1) What should I start? - Learn to read charts, candle sticks and how to use bollinger bands.
2) Which platform should I use? - Depends on what coin or token you plan to trade, there are coin or token that are not available in other platform, but start with Bittrex and Poloniex.
3) How can I analyze the Altcoins? Check my answer with #1.
4) Auto or Manual? - Manual. Go auto if you will have no access with internet for a long time and learn how to use stop loss.
5) From 1-10 how much is risks in trading Altcoins? 1 to 10 with 10 as the higher, 8. You can earn $1,000 today but you can lose that in less than a day because of wrong decision of following your emotion.
One fact of trading that’s best to make peace with is that you’re never going to perfectly time your buys and sells. What are the chances you’re going to purchase at the exact bottom and sell at the exact top, coupled with putting enough capital into the trade to make a dent in your wealth. Trading is not cut in dry in the sense that there is only one set path to take. Every person has different goals in investing and trading, and cryptocurrency trading is similar in that regard.
Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1. You should start trading.
2. You can buy altcoins and hold them until profit.
3. You can analyze by reading their white paper,twitter page,reddit
4. In my opinion manual is the best.
5. Trading is always risky.50-50 if you have proper knowledge you can make profit from trading or you will lose
For a Beginner, I would recommend them to have a look at Gunbot..
so far, its been a doing an excellent trading for me and that too 24/7.
Gunbot available at https://tradingbotpro.com/
Best automated trading bot for Poloniex, Bittrex & Kraken Exchange
so far, its been a doing an excellent trading for me and that too 24/7.
Gunbot available at https://tradingbotpro.com/
Best automated trading bot for Poloniex, Bittrex & Kraken Exchange
Watch the exchanges and try to guess which way the prices will go. A cool thing to do is watch the chat box, and then track the prices of the coins mentioned there are see how the chat alters the price. Complete and total BS can make or break a coin and often does, a negative comment about the dev and the price drops, true of not.
You are right! So many negative comments can so much affect the price of a coin. For example the delisting of BTS from bittrex today so much affected the value of the coin as there was a very huge dump and only those who had the chance to sell for profit or for little loss only had the chance and took it while some ended up lossing badly. Shit happens in trading and these are some of the things one should be ready for.
If you want to start trading I think at first you need to research about the coin market to find out the best one the buy. Beside don't forget to read the news cause it affect to the coin price a lot so it help you to make decision to buy or sell at the right time.Then you should choose the good exchange to join, for me I'm using poloniex and bittrex cause it's very easy to use. Trading is not safe at all but it's hard to lose all your money in few minutes like gambling so don't worry I think I will give 3 for trading risky.
Beside my friend gave me a trade volume analysis tool for Bittrex only so now I only use Bittrex
).
If you want to try this one: http://pumpcoin.top/
It's totally free. Hope you like it
Beside my friend gave me a trade volume analysis tool for Bittrex only so now I only use Bittrex
).If you want to try this one: http://pumpcoin.top/
It's totally free. Hope you like it
Watch the exchanges and try to guess which way the prices will go. A cool thing to do is watch the chat box, and then track the prices of the coins mentioned there are see how the chat alters the price. Complete and total BS can make or break a coin and often does, a negative comment about the dev and the price drops, true of not.
On the off chance that you truly need to procure by exchanging, you have to find out about trading, trading is additionally high hazard on the off chance that you don't know how to trading, my assessment visit this forum Trading Discussion string it's truly useful for everybody
bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
I will suggest him to do the same. As far as I think so, I will suggest him to first of all decide this thing that which crypto currency you want to trade in. After that, before starting doing trade learn and gather as much knowledge as you can so that you can get a good amount of profit.bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
Since this person is a beginner then he needs capital, I highly recommend that he should start by joining bounty campaigns and when he earns enough money then that is the time to start trading. Always remember that in trading, Profit will be always depending on the amount of capital you have.
Hello to everyone!
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
Thanks for reading my thread. Any tips and advice will be appreciated.
I have 0.5BTC and I'm not going to invest them in some risky moola because I think that in 2030 Bitcoin's price will be almost 500.000€/BTC.
I've read that trading with Altcoins can be a good strategy of investing to make more capital and hold.
But I'm completely new in this world.
1) What should I start?
2) Which platform should I use?
3) How can I analyze the Altcoins?
4) Auto or Manual?
5) From 1-10 how much is risks in trading Altcoins?
Thanks for your answer. If you have any other tips, suggestion, its highly appreciated.
1) straight away
2) bittrex
3) TA, learning process m8
4) manual
5) spread risk
last but not least only trade with 5-10% of your portfolio at all times
On the off chance that you truly need to procure by exchanging, you have to find out about trading, trading is additionally high hazard on the off chance that you don't know how to trading, my assessment visit this forum Trading Discussion string it's truly useful for everybody
bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
I will suggest him to do the same. As far as I think so, I will suggest him to first of all decide this thing that which crypto currency you want to trade in. After that, before starting doing trade learn and gather as much knowledge as you can so that you can get a good amount of profit. bittrex, livecoin, cryptopia platform are great exchanger I think
for analyzing the Altcoins you require refresh yourself with cryptocurrency
Trading is a very risky venture and you should not going into it without adequate knowledge on how illiquid assets are been trade. The first place to start how to trade should be from the trading platforms itself and there you will learn price action and how traders reacted to news and technical issues. I trade with c-cex and poloniex and this two platforms contain whatever you need to learn about trading practically.
Ya trading is some how risky.But it's purely based on two things.One is on which altcoin you are doing trade.If it's a Bitcoin means.You no need to thing even a minute.Just get into it.You will have very bright future.Second is the person ,If you have a guts to involve in new technology means.You can blindly involve in Bitcoin trading.I will suggest you to check www.Localbitcoins.com.
whatever always has risks, but the most important thing is we have the skill to play it. I'm not really recommending ccex too many shitcoin, better poloniex and bittrex both of them is the best.
Trading is a very risky venture and you should not going into it without adequate knowledge on how illiquid assets are been trade. The first place to start how to trade should be from the trading platforms itself and there you will learn price action and how traders reacted to news and technical issues. I trade with c-cex and poloniex and this two platforms contain whatever you need to learn about trading practically.
Ya trading is some how risky.But it's purely based on two things.One is on which altcoin you are doing trade.If it's a Bitcoin means.You no need to thing even a minute.Just get into it.You will have very bright future.Second is the person ,If you have a guts to involve in new technology means.You can blindly involve in Bitcoin trading.I will suggest you to check www.Localbitcoins.com.
Trading is a very risky venture and you should not going into it without adequate knowledge on how illiquid assets are been trade. The first place to start how to trade should be from the trading platforms itself and there you will learn price action and how traders reacted to news and technical issues. I trade with c-cex and poloniex and this two platforms contain whatever you need to learn about trading practically.
Jump to: