I'm a beginner, I want to start trading. What should i do? - page 23.

terrate

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Newbie in online currency , love learning

Quote from: veleten on April 17, 2017, 06:31:20 AM

you should start with low volume trading on established platforms like Poloniex,Btc-e etc.
1.yous hould start with reading some begiiner's guides into trading,at least learn basic strategies and terms
be able to deposit and withdraw
2.any trusted trading platform will do -I would suggest Poloniex for begiiners,Yobit (if you want to start very low and don't mind lack of support)
3.use sites like coinwarz.com or ,literally any chart side you find
4.you have to understand manual before proceding to auto
5.altcoin is same as any asset trading,the main idea is find the volatile market and follow it's movement
you can profit on both falling and eising market equally well

the yobit u forget to mention there are many dead coins. That is VERY important for newbies.
Even i nearly got big loss on yobit because of that.

Strongkored

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Good that you have faith that's Bitcoin in 2030 can reach 500.000€/BTC, and when the price can reached many people will be rich.
You must make an account on exchange like poloniex bittrex etc, and make deposit, making analyze with read the update about altcoin project, I'm using manual trade and trading is very risk more capital you use can give profit and also loss with big amount.

Phyton76

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Quote from: btcdiggingmaster on April 25, 2017, 02:00:55 AM

For a beginner, it is very difficult to understand about trading and everything seems to be tough to understand. Learn basics it will be very easy to learn because trading always needs assumption knowledge. At the same time, you need to have practical experience so it will benefit you in all aspects of trading.

As a beginner trader, everything is unpredictable where in most of their trades lose. However, if they never stop learning and never stop listening from profesonal traders, they can achieve the essence of trading.

btcdiggingmaster

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Transact Safer / Chase Better

For a beginner, it is very difficult to understand about trading and everything seems to be tough to understand. Learn basics it will be very easy to learn because trading always needs assumption knowledge. At the same time, you need to have practical experience so it will benefit you in all aspects of trading.

Daymond Goulder-Horobin

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well Alt-coins are incredibly risky so i would put a 10 on that. However there is a lot of potential as the saying goes. As long as only a small amount of your portfolio is on that then you are fine.

MB boss

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Quote from: roadbits on April 17, 2017, 05:07:27 AM

Quote from: shield132 on April 17, 2017, 03:19:16 AM

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 want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.

Yup this forum is a big library for all Bitcoins related questions, here whatever you have doubt just ask in this forum you will get all possible answers from experts in Bitcoin. Bitcoin trading is not easy work, and you have to learn a lot of things before entering this trading. Once you got basic knowledge then start small amount trading it will teach you how to do trading in the real world.

But a trader do not have to rely on asking question on any place but he will need to start learning from a more expert person and it will be more better if he take some classes for learning trade from an institute so that he will not make his money in risk.

blackhawkeye1912

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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) What should I start?
- You can begin with the basic learning in trading first.
2) Which platform should I use?
- There many good platform where you can use it such as Poloniex, Bittrex, c-cex, Novaexchange and bitcoinwisdom.
3) How can I analyze the Altcoins?
- First you must check the coinmarketcap.com then check the top 20 listed and those altcoins that has been listed are the legit one.
4) Auto or Manual?
- It is still much better to use manual than using any bot.
5) From 1-10 how much is risks in trading Altcoins?
- 8 average because if you get or did a wrong prediction you will loss everything you had.

olcaytu2005

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To me, you can start with interpretation of graphics. Graphs gives us an idea whether an alt coin will be pumped or dumped. Also, you can follow this platform. When I started learning process of Bitcoin, this forum helped me to understand some topics better.
In addition, there are always risks in investing or trading. It does not matter whether opening a new company with your country's currency or trading with Bitcoin. In a nutshell, as you know that money is risky.

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.

veleten

legendary

Activity: 2016

Merit: 1107

you should start with low volume trading on established platforms like Poloniex,Btc-e etc.
1.yous hould start with reading some begiiner's guides into trading,at least learn basic strategies and terms
be able to deposit and withdraw
2.any trusted trading platform will do -I would suggest Poloniex for begiiners,Yobit (if you want to start very low and don't mind lack of support)
3.use sites like coinwarz.com or ,literally any chart side you find
4.you have to understand manual before proceding to auto
5.altcoin is same as any asset trading,the main idea is find the volatile market and follow it's movement
you can profit on both falling and eising market equally well

roadbits

legendary

Activity: 1092

Merit: 1000

Quote from: shield132 on April 17, 2017, 03:19:16 AM

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 want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.

Yup this forum is a big library for all Bitcoins related questions, here whatever you have doubt just ask in this forum you will get all possible answers from experts in Bitcoin. Bitcoin trading is not easy work, and you have to learn a lot of things before entering this trading. Once you got basic knowledge then start small amount trading it will teach you how to do trading in the real world.

xFiber

sr. member

Activity: 336

Merit: 252

Quote from: ciobanuionut on April 17, 2017, 03:16:17 AM

First, study the forum.
Many of your questions will be answered here

Agreed. The forum is filled up with knowledge from different brains around the globe. But also don't be afraid to get started. When I got started I deposited 0.001BTC in my poloniex account and I tried things out.

In order to be a successful trader you need to have knowledge but you also have to able to act real-time.

shield132

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Activity: 2352

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Metawin.com - Truly the best casino ever

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 want to be trader but suddenly you don't think correctly. How can you think that bitcoin will be 500.000 euro in 2030? Nothing gives us opportunity to think like that.
At first you need to read threads in this section and you won't have such questions.
It's better for you to start trading on demo platform, I mean trading with points, virtual money. But while you do this, it's better for you to start reading of books about trading and after that do previously said. Also remember, manual trading is absolutely better, bot is created by human that means human can make better decisions.

ciobanuionut

member

Activity: 70

Merit: 10

First, study the forum.
Many of your questions will be answered here

terrate

full member

Activity: 362

Merit: 100

Newbie in online currency , love learning

Quote from: beber456 on April 16, 2017, 03:06:18 PM

im learning trading too . I found 2 pro trader streaming recently so i decided to focus it . Its helps a lot to chat/talk with a pro ... they gave me some nice site/ forum for learning:
babypips : free school , great site !
tradingview : for ananlysis

enjoy ^^

Babypips is trading newbie MUST go site as got many chart information .
tradingview i not so familiar.

U can check some forum which backed up by broker like myfxbook etc.

Those can use in trading forex . ^^

terrate

full member

Activity: 362

Merit: 100

Newbie in online currency , love learning

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'm not so familiar with altcoin trading but the things i know is:

1. U should go poloniex (exchange trading) and coinmarketcap to know the coin volume ,details , and chart (for every trading)
2. Poloniex . the exchange should avoid as newbie is yobit.
3. For me i prefer chart reading and know some basic of that altcoin.
In altcoin trading, the volume is VERY Important as the dead coin because no people do trading on that.
4. Manual .
5. Altcoin i will give 8 on that, because it might become zero value. Bitcoin i will give 6 .

Wowcoin

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Activity: 910

Merit: 507

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 think the first you do is to search what platform you comfortable to trade. As you said you are a newbie so you must learn how to buy low and sell high. In trading theres a time that you set for bidding. So that you can buy altcoin lower price.
Trading is the best way you to earn money and you have must patience to wait for the right timing to buy and sell.

thebatletbet

hero member

Activity: 588

Merit: 500

if you newbie i think is good you trading bitcoin pair with fiat money not altcoin trading
because is altcoin trading fluctuative price is very high
about anlys you can use meta trader 4 in there indicator is very much, you can use fxopen to anlys

Victorycoin

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Activity: 1134

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Quote from: beber456 on April 16, 2017, 03:06:18 PM

im learning trading too . I found 2 pro trader streaming recently so i decided to focus it . Its helps a lot to chat/talk with a pro ... they gave me some nice site/ forum for learning:
babypips : free school , great site !
tradingview : for ananlysis

enjoy ^^

You are on the right track! If you would focus to learn the ropes at Babypips till graduation for no matter how long it may take, you would be glad with the reward it would be bringing in, in your trading career. Tradingview should be after you might have laid a solid foundation at Babypips, beyond that you are good to go.

erikalui

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Activity: 2632

Merit: 1094

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.

It's better to first analyse the altcoin you are trading with. You can first analyse the chart of the altcoin that gives you a fair idea of what the price was at the start and how many times has it reached some threshold. For example, I received DTB and it started of with a high price like 0.0001 BTC and now it's double the amount. It has been down and up but mostly stable at 0.00017 which means it's pretty safe to buy DTB at that price. The same way you can go about while buying altcoins. The risk for altcoins trading cannot be calculated but you should be an active trader rather than just leaving your altcoins and not keeping track of their price. Set a threshold for them (keeping atleast 20% profit margin) and then sell it. You can use any exchange website to trade or sell the altcoins on BCT forum. You should manually analyse altcoins.

beber456

hero member

Activity: 563

Merit: 500

im learning trading too . I found 2 pro trader streaming recently so i decided to focus it . Its helps a lot to chat/talk with a pro ... they gave me some nice site/ forum for learning:
babypips : free school , great site !
tradingview : for ananlysis

enjoy ^^

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