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Topic: I'm a beginner, I want to start trading. What should i do? - page 20. (Read 13475 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
True, in fact, there are many people who make altcoin trading videos on youtube, to facilitate beginners in trading play. Probably before that, looking for information on good coins, and figuring out how to make big profits, with little capital.
Yes, you need to invest your money at a place with low risk as compare to its high return but before you jump in you should first observe the things to get to know what’s going on around. Also you need to review a literature if there is any and then to start from a quite bearable amount. This is all.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
Just becuase bitcoin has the widest market among crypto curency, it doesn't mean that it has the lowest risk since volitality may occur any time and there is really no exact poin if it would continue growing its value or not. Thus, we can't state which coin has the least risk at all. Every coin investment has risk.
Widest market is equal to a strong foundation of the market that is hard to manipulate and be controlled by the people. Yes i believe in bitcoin that has the lowest risk of investment because if you observe to the price history of bitcoin then you can realize that i'm saying the truth that most of times, the price of bitcoin is going up and that makes the bitcoin as an almost safe investment.
hero member
Activity: 658
Merit: 500
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 should start to learn the proces of trading so that if you will dive into trading business is that you know very well all about the process of it. In my experience I usually trade in Poloniex and I find it ver well in terms of good income. You can analyze altcoins by learning first all about it and you can do it by reading here in forum. I prefer manual because you can sure your earnings. And I think 8/10 risky is the trading because of some problems that you may encounter.
It is not to learn the process besides learn and acquire some skills and techniques that you will use everytime you trade .
The basic learning and skills will let you make profit in any trading exchanges polo is one of the reputable trading site with good volume of most active altcoins now. By reading informations and tracking their activities that makes a project that have a good potential use in the market will make the coin alive so it is one of the good things that a particular altcoin have a good long term . 8 out of 10 is an outstanding rate , no one can go to 10.  Smiley  the time will figure out the risk of trading You start with 1 if you're a beginner.
sr. member
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
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 should start to learn the proces of trading so that if you will dive into trading business is that you know very well all about the process of it. In my experience I usually trade in Poloniex and I find it ver well in terms of good income. You can analyze altcoins by learning first all about it and you can do it by reading here in forum. I prefer manual because you can sure your earnings. And I think 8/10 risky is the trading because of some problems that you may encounter.
sr. member
Activity: 411
Merit: 335
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.

In my own opinion you should start to learn how trading was going on and how it works. You can start on easy trading first and don't look on the earnings yet because it may affect your performance. Read more about altcoin here in bitcointalk because many people are suggesting here and it will give you knowledge. I suggest to yiu to trade manually so that you can be aware of your money. And in my opinion the altcoins trading is 8/10 risky because of some problems like scams.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
True, in fact, there are many people who make altcoin trading videos on youtube, to facilitate beginners in trading play. Probably before that, looking for information on good coins, and figuring out how to make big profits, with little capital.
Yes, you need to invest your money at a place with low risk as compare to its high return but before you jump in you should first observe the things to get to know what’s going on around. Also you need to review a literature if there is any and then to start from a quite bearable amount. This is all.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
Just becuase bitcoin has the widest market among crypto curency, it doesn't mean that it has the lowest risk since volitality may occur any time and there is really no exact poin if it would continue growing its value or not. Thus, we can't state which coin has the least risk at all. Every coin investment has risk.
full member
Activity: 128
Merit: 100
★777Coin.com★ Fun BTC Casino!
If you really want to earn you should take the risk, trading is also high risk if you don't know what to do. You have prediction thay it will be 500.000€/btc then why not to hold the coins? No risk at the same time.

His question was that he wants to start trading. so how can you give such advice to hold the coins?

Everything what we do, is of great risk. But if we do not do that things bu taking risk, how can we learn? Failure is the key to success, remember?

So, bro, if you want to start trading, then go ahead. But first you should gather more knowledge by reading the thread here and also by following the updated new about marketplace. It will be more helpful for you. But keep it on your mind that taking risk is good, but not with a big amount of money. Take it less and then keep trading.

https://bitcointalk.org/index.php?board=67.0

https://bitcointalk.org/index.php?board=159.0
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
True, in fact, there are many people who make altcoin trading videos on youtube, to facilitate beginners in trading play. Probably before that, looking for information on good coins, and figuring out how to make big profits, with little capital.
Yes, you need to invest your money at a place with low risk as compare to its high return but before you jump in you should first observe the things to get to know what’s going on around. Also you need to review a literature if there is any and then to start from a quite bearable amount. This is all.
If you are pointing out to invest on a low risk coin only then he can hold or invest his money into bitcoin where the bitcoin is the safest cryptocurrency to invest because it has a strong foundation in the market and the bitcoin price is looking for more pumps because of the latest good news, so bitcoin is the best option to invest with a low risk of losing money.
legendary
Activity: 1232
Merit: 1091
As a beginner you should start reading about trading. What is it, how it can be done successfully etc etc. And you need to start with very little money in the beginning so you minimize the risk if you lose when you first start. Information is key in the trading world.

Bitcoin, and crypto in general are all speculative investment options. It will be very difficult to apply the same logic as might be the case when you would be trading stocks. The crypto market with all its individual coins are basically like penny stocks. It's nearly impossible to get decent information on how you can improve things. In this case, you'll learn by diving into the market. Result of this is that you'll lose big time at the start (which is why it is recommended to start with low amounts), but see it as an investment in yourself -- eventually it pays off. I have done it like this where I worked my way up without looking for information. I'm a happy man.
hero member
Activity: 1092
Merit: 523
Trading is not just easy as you think. Its hard to predict in trading, so your money that you invest in trading is risky. So you need to be careful in buying a currency when you start trading. Before to start trading you need to watch and analyse or put a question in mind how it works to be success. You should also do research before buying and there are many buying signals for you.
True, in fact, there are many people who make altcoin trading videos on youtube, to facilitate beginners in trading play. Probably before that, looking for information on good coins, and figuring out how to make big profits, with little capital.
Yes, you need to invest your money at a place with low risk as compare to its high return but before you jump in you should first observe the things to get to know what’s going on around. Also you need to review a literature if there is any and then to start from a quite bearable amount. This is all.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
As a beginner you should start reading about trading. What is it, how it can be done successfully etc etc. And you need to start with very little money in the beginning so you minimize the risk if you lose when you first start. Information is key in the trading world.
hero member
Activity: 3080
Merit: 603
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.
That is the key to success, being professional and always have patience to the things that they can get knowledge. All of the professionals not only in trading are very open minded to the things because they always love learning and getting new knowledge from it. They don't stop learning because as long as there is new information they keep on reaching it until they mastered it.

It's a very common attitude of a professional trader, they are patient and they wanted to learn new things daily. They are setting aside their feeling when it comes to trading. The priority for them is to get profit and they are not applying that is outside of trading. Just get always updated with what's happening in crypto trading, it's very important.
hero member
Activity: 1386
Merit: 504
Simply learn and experience the basic ,apply buy low sell high but first you need to do is research in any altcoin that is active so you wont be invested in a shitcoins that will allow you to waste your money of nothing.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.
That is the key to success, being professional and always have patience to the things that they can get knowledge. All of the professionals not only in trading are very open minded to the things because they always love learning and getting new knowledge from it. They don't stop learning because as long as there is new information they keep on reaching it until they mastered it.
hero member
Activity: 3080
Merit: 603
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, even those professional traders are considered and being called as professionals, still they are not insisting that they are like that. They are not stopping with the learning process as trading is a very fast phase of earning money depending on the movement of price. That's why their experience is really worth it to share.
sr. member
Activity: 270
Merit: 250
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.

Yes, traders are constantly learning. They must be able to analyze the situation and every news. This is the most important trait of a successful trader. Do not listen to the advice of others - you need to be able to think independently
sr. member
Activity: 518
Merit: 250
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
This is the reason why does profssional traders doesn't stop learning though they know so much in trading. Trader isn't just about money making. It's worth it to trade since you can review everyone's project for you to choose which altcoin to trade. This is quite hard at first, yet would be easy as you know how it works.
hero member
Activity: 3080
Merit: 603
Don't worry mate, there's no ritual needed for you to start to trade. Just simply buy those alt coins that you wish to buy and you think that will grow in no time. Also if you think that you think that you love to hold bitcoin, then just start buying it as the price of it keeps increasing. Follow some traders thread here in forum, you'll be fine and keep on doing some research.
Do research first before buying anything, if he would buy altcoins right now without researching or doing analysis will lead him to losses and it will make him regret. I think it is better if he study first the market and the movements of the altcoins or bitcoins and read a lot of news to determine if this is the right time to buy or not.

It's a must that's why I did said that he should keep to do it and it's a continuous process. As a trader we tend to absorb different helpful knowledge from other traders, threads, blogs and as well as from our experiences. What you sow is what you reap, that's why if you are going to make an effort on research, it will be your very own weapon to make your trading career fruitful.
hero member
Activity: 924
Merit: 506
Since cryptocurrencies are relatively a new thing I can't even suggest you to to learn them by going to school/ university, not even economic terms can apply any study and teach people about them cryptos properly. but at least education on markets and trading skills could somehow help a bit.
I can foresee a time when children going to school with their E-books of crypto-currencies and them becoming a new thread in educational system.

I have always earned some profit trading LSK and I think it's still undervalued and has much more potentials, just a month back I'd told you to try day trading with ETH but not any more because the price is totally artificial now and anyone entering at this time could suffer great loss when the big whales decide to dump for some fiat.
Maybe try POSW and LSK for this week to see what happens to other coins prices.
sr. member
Activity: 376
Merit: 250
yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.
In order to trade you need to have a very large building, But as well you will not manage without luck. The fact is that many who took in their lives for trade, many lost their money. In other words, this work is not for everyone.

Yes, luck is of great importance in such a risky way of income. A huge amount of knowledge does not guarantee a stable profit.

Luck is unexpected factor to happened. That is way it must not to be considered on trading. Putting the faith of your funds to luck is just like waiting to rain during summer season. The best way to do a smart trading is to follow tips of an expert trader or apply the common law. Buy low and sell high. There is no need to depend on luck.
sr. member
Activity: 301
Merit: 250
yes everyone has a power to become professional someday, we will improved ourselves when we already know what we are going to do. he is beginner therefore he has the right to ask question to us, its not a big problem at all. it is a blessing to help other to improved thereselves too. let us him , give him advice, on what he has needed to know.
No. Everyone cannot become a professional trader at any day. He educational background needed alone is lacking from most of the people in this forum. They do not have the math skills and they lack the IQ. You can already tell from the way they post that they are not that smart.
Lets give them the benefit of doubt,even a skilled stock trader could find crypto trading confusing as there are many coins floating around and many exchanges without any regulation and from different parts of the world and so these things could confuse any beginner,The site i am using to look at various coins is coinmarketcap in it you could find everything you are looking for,from different exchanges to the coins in existence.

Give them the benefit of the doubt? I will if they show that they are exceptionally smarter than the rest of the members of this forum. Tell me who in this thread you think is exceptionally smart that would be a good candidate to become an excellent trader.
In order to trade you need to have a very large building, But as well you will not manage without luck. The fact is that many who took in their lives for trade, many lost their money. In other words, this work is not for everyone.

Yes, luck is of great importance in such a risky way of income. A huge amount of knowledge does not guarantee a stable profit.
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