I'm a beginner, I want to start trading. What should i do? - page 18.

lovesybitz

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Quote from: Phoenil on April 11, 2017, 10:24:59 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.

Everything in this industry has risk involve. So it is not possible that there is no risk when you do trade especially if you are just a beginner/newbie. Of course you will take the risk when start in it. That's why it is very important to start from the basic knowledge in trading.

Youghoor

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try to look for some information around this forum, you need to learn a lot before jump into trading.
It is difficult, nobody can just start taking profit from trading without learnin first.
And you also need a good capital, dont mind to start with one hundreed dollars because you will not earn anything.

Bunsomjelican

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Quote from: Phoenil on April 11, 2017, 10:24:59 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) What should I start?
- Since you are interested to know how to trade here you can read this link talking about in trading to explore your knowledge
https://bitcointalksearch.org/topic/new-to-bitcoin-start-here-7269 this is really good for the beginner like you.

2) Which platform should I use?
- You have several choices in which platform you like to use such; Poloniex. bittrex, c-cex, cryptopia, novaexchange, bitcoinwisdom and Kraken its up to you which of this platform are good for you.

3) How can I analyze the Altcoins?
- You can analyze it through finding out if there project is in progress, it has good volumes everyday, aside from that they must build a lot of investors like what other altcoin has like ETH.

4) Auto or Manual?
- Of course much better to do manual, at least you maximize or minimize your loss

5) From 1-10 how much is risks in trading Altcoins?
- I think I'm rating it to 8

PhucS

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Quote from: Phoenil on April 11, 2017, 10:24:59 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 have chosen the right, choice of trading with Altcoins is absolutely right because it can bring you much profit, this method is a lot of people choose and preferred. However, you also need to have some knowledge and skills that can do it well. You are a newcomer, first of all you need to find out about trading, on the internet there are some guides and materials you can search. But the best thing is to find yourself an experienced person who will help you better and more intuitive. At the beginning, you can choose from a few good platforms and have great traffic like poloniex or bittrex. You can visit https://www.coinmarketcap.com. This is an overview of the market capitalization of electronic money. You can find detailed information of each coin when visiting this web site, which will help you evaluate the overview of altcoins. That's a few of my ideas you can refer

MiXxe

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Quote from: senyorito123 on August 17, 2017, 12:42:58 AM

The simplest way to learn on tradings is to grab a guy who have more knowledge about this kind of site and learn from him and also you may find basic info on this furom and try to apply it for yourself but don't put to much money in your first trade and always apply lower amount for a test so that you will not cry if you lose and also you will learn with that for instance.

Well what if you can't get a guynwho are willing to teach you and ofcourse these guys are busy on their life and trade so they don't want to bother themselves just to teach somebody. Maybe they can only gave a tips and stratedgies and thats it. The better thing to do is to do it yourself you can make it almost all now are in the internet just search or watch a tutorials then apply it on trade with the amount you allocated for learning and experiencing times.

senyorito123

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The simplest way to learn on tradings is to grab a guy who have more knowledge about this kind of site and learn from him and also you may find basic info on this furom and try to apply it for yourself but don't put to much money in your first trade and always apply lower amount for a test so that you will not cry if you lose and also you will learn with that for instance.

enhu

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I've made a lot of mistake when I started trading. No one taught me this method so this is somehow risky but if you are willing to do it, its going to be rewarding. Prepare just $200-500 worth of btc that you can afford to lose and watch the coinmarketcap.com.

step 1: List about 20 good tokens including the ones on top, like XMR, OmiseGo, ETH, IOTA, TenX and Waves. Watch them carefully and if you notice one of them shows -10% (negative) buy it. Wait till it goes up again and exit to buy another that has changed negative.

step 2: Continue doing it as long as you can.
step 3: Go to my profile check my btc address and send me some BTC

Bagaji

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In my own opinion, it will be nice if you invest your money wisely in crypto currency by way of selecting top Ten coins but about 50% should be invested in bitcoin since you believe that in 2030 will be that high of which i concur with your believe. Although investment in some projects at their ICO level will also make Sence too.

crazycatwoman03

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Quote from: Casdinyard on August 16, 2017, 08:39:40 PM

You should read a lot first brother.
How trading works, what the do's and dont's while trading and anything about trading.
If you trade without these you're like a soldier that has no gun and bullets that goes to war.
Better be equip of proper knowledge so you won't end up losing your money in exchanges.

Yeah, he is right. It will be better if you are going to read about trading first. In fact, it will be much helpful if you know someone who could teach or guide you in trading. Trading is not a joke and money is at risk. Someone who is reliable can give you tips that is based on his own experience.

sylance

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Good advice in here. It might sound weird but I'd recommend reading Gunthar's Gunbot announcement thread. I'm not recommending you invest in his bot, however, as he explains what his bot does he also explains basic trading principles. How to use moving averages and Bollinger Bands to identify trends and breakouts. I learned a lot while I was researching whether or not I should invest in his bot.

https://bitcointalksearch.org/topic/m.17180511

Casdinyard

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You should read a lot first brother.
How trading works, what the do's and dont's while trading and anything about trading.
If you trade without these you're like a soldier that has no gun and bullets that goes to war.
Better be equip of proper knowledge so you won't end up losing your money in exchanges.

BobBct

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Activity: 616

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First you should go and sign-in to a Bounty(always make sure that the bounty you will join is not a scam)
join them in their signature campaign.(Signature campaign is a campaign that you will just post with requirments
You will get paid by their token or other tokens/coins
then take that to and exchange site for example-Poloniex
Sell that coin for btc then your good to go!

Gheka

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Quote from: MiXxe on May 20, 2017, 04:48:35 AM

Quote from: Sled on May 19, 2017, 10:17:33 PM

Quote from: KennyR on May 19, 2017, 09:58:10 PM

Quote from: iqlimasyadiqa on May 19, 2017, 09:16:14 PM

Quote from: rijaljun on May 19, 2017, 07:30:49 PM

My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

Of course trading is a good choice. Because by trading we can get a profit continuously. The results can be obtained very quickly, trading is a short-term investment is profitable if we can read the movement of bitcoin / altcoin price.

Agreed, trading is a good choice. For a beginner trading seems bit complicated. But if one can spend time, can be learned in a short time and the experimental part with small amounts will give the experience to the user to understand what needs to be done and what shouldn't be, to get the better profit.

It is better for a beginner to just study trading first because if he just try trading direct to the exchanger then he is vulnerable for having a lot of losses that can provoke the trader to just quit because it seems that trading is very complicated. Studying trading first before executing trading in the market is a huge help because they will understand the market and how the price movement works.

Yes it is the right move study first gain some knowledge about trading how it works plus watch some and try to see the chart as the basic fundamental things in trading. Understanding along the way with practicing in a small amount will help you gain skills.

All knowledge of trading or reading charts is available on google, the most important thing is that we have to practice in order to have more experience, ready for any situation can happen. Failure and experience in trading is always a key to success in the future, i think beginners should prepare a good psychology because they are often depressed and disappointed after the first trading times. Trading is a good way to make a profit but it also has certain risks, want to make a profit, must accept risks.

MiXxe

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Quote from: Sled on May 19, 2017, 10:17:33 PM

Quote from: KennyR on May 19, 2017, 09:58:10 PM

Quote from: iqlimasyadiqa on May 19, 2017, 09:16:14 PM

Quote from: rijaljun on May 19, 2017, 07:30:49 PM

My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

Of course trading is a good choice. Because by trading we can get a profit continuously. The results can be obtained very quickly, trading is a short-term investment is profitable if we can read the movement of bitcoin / altcoin price.

Agreed, trading is a good choice. For a beginner trading seems bit complicated. But if one can spend time, can be learned in a short time and the experimental part with small amounts will give the experience to the user to understand what needs to be done and what shouldn't be, to get the better profit.

It is better for a beginner to just study trading first because if he just try trading direct to the exchanger then he is vulnerable for having a lot of losses that can provoke the trader to just quit because it seems that trading is very complicated. Studying trading first before executing trading in the market is a huge help because they will understand the market and how the price movement works.

Yes it is the right move study first gain some knowledge about trading how it works plus watch some and try to see the chart as the basic fundamental things in trading. Understanding along the way with practicing in a small amount will help you gain skills.

Sled

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Quote from: KennyR on May 19, 2017, 09:58:10 PM

Quote from: iqlimasyadiqa on May 19, 2017, 09:16:14 PM

Quote from: rijaljun on May 19, 2017, 07:30:49 PM

My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

Of course trading is a good choice. Because by trading we can get a profit continuously. The results can be obtained very quickly, trading is a short-term investment is profitable if we can read the movement of bitcoin / altcoin price.

Agreed, trading is a good choice. For a beginner trading seems bit complicated. But if one can spend time, can be learned in a short time and the experimental part with small amounts will give the experience to the user to understand what needs to be done and what shouldn't be, to get the better profit.

It is better for a beginner to just study trading first because if he just try trading direct to the exchanger then he is vulnerable for having a lot of losses that can provoke the trader to just quit because it seems that trading is very complicated. Studying trading first before executing trading in the market is a huge help because they will understand the market and how the price movement works.

KennyR

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Quote from: iqlimasyadiqa on May 19, 2017, 09:16:14 PM

Quote from: rijaljun on May 19, 2017, 07:30:49 PM

My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

Of course trading is a good choice. Because by trading we can get a profit continuously. The results can be obtained very quickly, trading is a short-term investment is profitable if we can read the movement of bitcoin / altcoin price.

Agreed, trading is a good choice. For a beginner trading seems bit complicated. But if one can spend time, can be learned in a short time and the experimental part with small amounts will give the experience to the user to understand what needs to be done and what shouldn't be, to get the better profit.

Ewox

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Quote from: Phoenil on April 11, 2017, 10:24:59 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.

Actually you're right, around 2030 Bitcoin's price would be thrice the amount as it is now but investing your Bitcoin in altcoin trading is risky too, though it is profitable. You need to have knowledge and should be open to learning. Do a research on the top 10 coins before picking what platform to use. Then if you're familiar with trading then you can either choose if you want to go short-term or long-term in trading. If I were you and don't really need that much btc's, I'll just probably hold bitcoin until it'll reach a specific target amount, but that's just me. Anyways, from 1-10 and 10 as the riskiest probably I'll rate Altcoins as 9.

iqlimasyadiqa

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Quote from: rijaljun on May 19, 2017, 07:30:49 PM

My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

Of course trading is a good choice. Because by trading we can get a profit continuously. The results can be obtained very quickly, trading is a short-term investment is profitable if we can read the movement of bitcoin / altcoin price.

rijaljun

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My opinion, trading is more profitable than holding bitcoin for a lonr time. Short-time trading can easily multiple your btc if u have good skill to read the price.

dragonusa9

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Quote from: iram3130 on May 18, 2017, 01:09:14 PM

By looking at the fluctuations and the increasing price of Bitcoin, I would suggest not to put your money into any altcoin for now. Just keep on holding what you have in bitcoins and if you see a dump then think about investing in others.

its another method if you're really newbie at trading and this method is completely legit for now
but i think that if he really want to start trading, just start by looking the volume of the coin and the price graph like ETH would be good

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