I'm a beginner, I want to start trading. What should i do? - page 16.

Duogembrot

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Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

with 0.5 BTC with that much capital you can buy an existing altcoin, but not the expensive price, buy altcoin at cheap price, eg XRP, XEM and others.

sunsilk

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Quote from: davidroux on September 14, 2017, 08:35:29 AM

500k$. lol. that made my day =))) Bitcoin can reach that price even in my dream. 1. Stop dream 2. Dont hear anybody on btct

Hey mate, it's not impossible at all. I don't even think that people that bought bitcoin on 2010 thought that it can reach $3,000.

And those people on the mainstream are even saying different things about bitcoin, an enthusiast says it will be go $500,000 for the next 3 years and that is John McAfee.

A banker said it's a fraud, so you'll never know who to believe but if you study the market and you had understand the flow of bitcoin, it's supply and demand, who knows it can go up to $500,000 on 2030 or even earlier.

rivoke

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Quote from: jets567 on September 20, 2017, 11:49:31 PM

As in you are a first time trader?, No experience at all? Even forex and Stocks?, Then if you are i suggest read and watch trading courses first. Be familiar on Japanese candle sticks, Reading graphs and etc. After that study how blockchain works, do your research on who's the best developers and their project and i think you will be ready to decide what market/coin you are now entering.

For exchanger, I recommend poloniex and bittrex since they have accompany me over 3 years and until now.
Learn need process but it's fun when you able made a profit from trading but remember do not trade more than you can afford to lose

jets567

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As in you are a first time trader?, No experience at all? Even forex and Stocks?, Then if you are i suggest read and watch trading courses first. Be familiar on Japanese candle sticks, Reading graphs and etc. After that study how blockchain works, do your research on who's the best developers and their project and i think you will be ready to decide what market/coin you are now entering.

Bonakid

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Quote from: iamTom123 on April 11, 2017, 10:31:29 AM

Well, the safest thing you can do is just hold your Bitcoin and after many years its value can indeed be reaching 500K and by that time you can be living an easy life. But if you think you don't agree with what I said then the best thing to do is invest it with BitconnectCoin as the price right now is on appreciative mode am sure you can make some money here plus BCC can easily be converted back to Bitcoin for your convenience using some few clicks. Thanks and good luck to your many endeavors in life.

I am new in trading .i want ask some question.how can i start trading,and what is trading in bitcoin?selling and buying coins from trading .thanks for the answer if you didnt ignore me.

rickadone

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Quote from: Freshmen on September 14, 2017, 08:22:06 AM

Quote from: prtty2gal2 on September 10, 2017, 01:00:42 PM

Quote from: JimmieA on September 08, 2017, 11:14:11 AM

The simplest thing you can do is to buy a few btc or altcoin then wait for the price to rise. Remember to just buy a few, they will initially help you get used to the job. And you should monitor the market to be able to buy a little lower prices, so you will be a little bit more profitable.

Buying bitcoin can be a little costly and if someone is a newbie to the world of cryptocurrencies, it would be better for him to earn some bitcoins without investment. After that he can jump into the river of trading.

According to me, the best skill that a trader can have is staying calm under all situations. Trade with a small amount in the start, grab the idea and move on.

I will suggest you first gather all the information about crypto currencies and their working, then start investing in bit coin through a little capital to generate revenue from it. You can either invest in it for long term or by start trading them when prices are high.

Besides all this keep in mind that on the very first attempt you cannot expect that you are going to make money, both good and bad is possible, just remember that you are learning something new from it.

Yeah definitely you must do the following things to start trading:
Start from a little a capital. Trade your coins in small amounts so that in case of any loss you can handle it easily.
Keep on learning more new things about the market trends and crypto currencies.
Never believe that you are always right while trading, sometimes you may have to pay for your decisions.

henmark

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Quote from: TitanGEL on September 13, 2017, 07:16:27 PM

Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

I know that you are aware about the high risky in the trading. Trading is not simple and not easy. We need a lot of information before we enter to the world of cryptocurrency.

You are very much right. Trading is not a piece of cake. You really need to put in a lot of efforts and hard work to get what you aimed for. I think before even steeping into the world of trading, you need to learn all the basics about trading as well as Crypto currencies too. The only thing which will count the most is your efforts and hard work.

davidroux

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500k$. lol. that made my day =))) Bitcoin can reach that price even in my dream. 1. Stop dream 2. Dont hear anybody on btct

Freshmen

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Quote from: prtty2gal2 on September 10, 2017, 01:00:42 PM

Quote from: JimmieA on September 08, 2017, 11:14:11 AM

The simplest thing you can do is to buy a few btc or altcoin then wait for the price to rise. Remember to just buy a few, they will initially help you get used to the job. And you should monitor the market to be able to buy a little lower prices, so you will be a little bit more profitable.

Buying bitcoin can be a little costly and if someone is a newbie to the world of cryptocurrencies, it would be better for him to earn some bitcoins without investment. After that he can jump into the river of trading.

According to me, the best skill that a trader can have is staying calm under all situations. Trade with a small amount in the start, grab the idea and move on.

I will suggest you first gather all the information about crypto currencies and their working, then start investing in bit coin through a little capital to generate revenue from it. You can either invest in it for long term or by start trading them when prices are high.

Besides all this keep in mind that on the very first attempt you cannot expect that you are going to make money, both good and bad is possible, just remember that you are learning something new from it.

NetFreak199

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Quote from: Blitzboy on September 13, 2017, 11:11:34 AM

Quote from: salahfycl on September 13, 2017, 09:24:00 AM

I will give you one good advice if you want to profit
the first thing you will do is buy a few btc , and start trading buy some altoins with 0.00005-0.000005 price and wait for the price to rise .

Useless advice ever. The market is not the same as you think anymore. There is no chance for useless coins to increase their price. The more useless it is, the less price it will be. Dont expect that whales will come and bump your coin. Trading requires traders to learn to obtain knowledge and skills. And without skills, you will lose in this battle

For what is market right now yes it is useless advice what could be is be more practical and think what is the best of it what can happen analyze the positive and negative scenario that you can encounter read and read the thread about the trading read some experience of a trader. I think and believe that it would help you a lot.

--DarkSecrets--

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Quote from: Portia12 on September 13, 2017, 09:19:15 PM

Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

you need to study all about bitcoins how it is works. and try to study what coin is rapidly increase and decrease so you can do buy and sell.
if you have 0.5btc you can do short term to earn money fast but if your profit is negative you need to hold all your funds to get a positive profit.

Kindly elaborate what do you mean if its negative you need to hold all your funds ?
Regarding on this you can do a short term trading if you already know how to do it well if not a you are only facing with a big risk of losing it over time.

Portia12

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Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

you need to study all about bitcoins how it is works. and try to study what coin is rapidly increase and decrease so you can do buy and sell.
if you have 0.5btc you can do short term to earn money fast but if your profit is negative you need to hold all your funds to get a positive profit.

rtinedal

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Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

1. just try read about trading and cryptocurrency atleast u have an idea about the crypto and the market flow.
2. try poloniex , bittrex , coinexchange.io anythin u want its up to u.
3. its hard to predict the price of altcoin but i suugest to you if u have a .5btc juts divide up to 10 and choose 10altcoin then invest them.
4. much bettr is a manual for me.
5. for me not a risky to trade if u have a lot bitcoin just easy to recover ur losses if just incase the market will dump use averaging if u enter the market.

TitanGEL

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Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

I know that you are aware about the high risky in the trading. Trading is not simple and not easy. We need a lot of information before we enter to the world of cryptocurrency.

CarnagexD

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Quote from: iamTom123 on April 11, 2017, 10:31:29 AM

Well, the safest thing you can do is just hold your Bitcoin and after many years its value can indeed be reaching 500K and by that time you can be living an easy life. But if you think you don't agree with what I said then the best thing to do is invest it with BitconnectCoin as the price right now is on appreciative mode am sure you can make some money here plus BCC can easily be converted back to Bitcoin for your convenience using some few clicks. Thanks and good luck to your many endeavors in life.

I agree that the safest thing to do on your bitcoin is to hold, yet if you really want to earn out of your bitcoin the best thing to consider is to formally start or to establish a process of learning for yourself. Because there is a lot of ways for us to learn and to achieve earning. It will just depends on how see willing ud to do something to achieve it.

joromz1226

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Quote from: Phoenil on April 11, 2017, 09:24:59 AM

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.

You can use hitbtc.com or Bittrex.com for me these two are good only there differences was iraqin bittrex it has a big reputation now in this industry of crypto world while hitbtc.com Just recently this year only but so far they give rebates to their traders. That's what I know about it.

Blitzboy

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Quote from: salahfycl on September 13, 2017, 09:24:00 AM

I will give you one good advice if you want to profit
the first thing you will do is buy a few btc , and start trading buy some altoins with 0.00005-0.000005 price and wait for the price to rise .

Useless advice ever. The market is not the same as you think anymore. There is no chance for useless coins to increase their price. The more useless it is, the less price it will be. Dont expect that whales will come and bump your coin. Trading requires traders to learn to obtain knowledge and skills. And without skills, you will lose in this battle

salahfycl

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I will give you one good advice if you want to profit
the first thing you will do is buy a few btc , and start trading buy some altoins with 0.00005-0.000005 price and wait for the price to rise .

rickadone

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Quote from: GrayFullbuster on September 10, 2017, 07:06:34 PM

Quote from: knightmairesaint on September 08, 2017, 04:44:32 PM

Quote from: jokowi on September 08, 2017, 01:31:26 PM

Quote from: JimmieA on September 08, 2017, 11:14:11 AM

The simplest thing you can do is to buy a few btc or altcoin then wait for the price to rise. Remember to just buy a few, they will initially help you get used to the job. And you should monitor the market to be able to buy a little lower prices, so you will be a little bit more profitable.

That's right, it's really a simple job. But that is not the job of a trader, what they do more than what you imagine. and all come from their intelligence.

Aside from that, he must have the basic knowledge first about trading. Those they have given will help but will not be performed wisely without knowledge in trading.

There are many articles that can be found onkine that is about bitcoin.

I agree to you. Before we enter the world of trading we must have basic knowledge about trading altcoins and bitcoins. Knowledge is very important factor to earn big amount of profits.

Yes, I believe it is not only applicable to trading only but anywhere in the world, before doing any task you need to have the basic knowledge about that thing. If you don’t know swimming, and you jump into water the result is very much obvious to everyone. So learn well before doing anything.

webdevmastery

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Quote from: GrayFullbuster on September 10, 2017, 07:06:34 PM

Quote from: knightmairesaint on September 08, 2017, 04:44:32 PM

Quote from: jokowi on September 08, 2017, 01:31:26 PM

Quote from: JimmieA on September 08, 2017, 11:14:11 AM

The simplest thing you can do is to buy a few btc or altcoin then wait for the price to rise. Remember to just buy a few, they will initially help you get used to the job. And you should monitor the market to be able to buy a little lower prices, so you will be a little bit more profitable.

That's right, it's really a simple job. But that is not the job of a trader, what they do more than what you imagine. and all come from their intelligence.

Aside from that, he must have the basic knowledge first about trading. Those they have given will help but will not be performed wisely without knowledge in trading.

There are many articles that can be found onkine that is about bitcoin.

I agree to you. Before we enter the world of trading we must have basic knowledge about trading altcoins and bitcoins. Knowledge is very important factor to earn big amount of profits.

If your a beginner it will be better if you will just start earning bitcoins through joining signature campaigns. Try to look at the bounty thread for the companies that offer's a job. Trading is very risky if you do not have that much knowledge and if you just join campaign first then you can earn bitcoins and start trading without using your income or salary.

Topic: I'm a beginner, I want to start trading. What should i do? - page 16. (Read 13477 times)