Topic: I'm a beginner, I want to start trading. What should i do? - page 8. (Read 13448 times)
as a beginner you have to learn by searching for information about trading, you can start with small amount to learn, buy when price goes down then hold and sell when price goes up
As a beginner, you have to gain as much knowledge and information about trading as you can. You can find a lot of information about trading on Youtube. There are tons of tutorials about trading, you can watch those. At the same time, you can start trading with a small amount of money. One thing keep in mind, always buy when the price is low and sell when it is high. At the beginning, trade on more established altcoins, which are less risky.
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, it's highly appreciated.
I agree with what you say. I also believe that the price of Bitcoin in 2030 will be so great that it can even be even bigger. I believe Bitcoin is able to touch the highest price and make us surprised by the price. I do not doubt the ability of Bitcoin because it has been proven from year to year Bitcoin development is always fast and always shows its high price at the end of the year. You have to collect Bitcoin from now and you can hold it for several years. 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, it's highly appreciated.
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.
Before starting trading you should know each and every thing about bitcoin. First research about that and learn in trading section. you will get lots of idea about that. If you have smallest amount for investing you can start your trading from altcoins. You can choose the best coins by using coin market cap.
Altcoin trading is risky and if you don't know what you are doing, the likely that you will lose money is high. But as a starter I will suggest established altcoins like Ether and Litecoins for you. Just find a good exchange that offer margin trading and with your 0.5 BTC ,you can get a leverage of 1 BTC and and use to trade .
I think it will be better to participate in ICO with big hype than trading altcoins, in my opinion it is too risky.
I think you better read more and understand how bitcoin price movements created after that you can know and have the expertise to determine the buy and sell in the right position, so that when you are trading will definitely always benefit.
There is no doubt that trading is one of the most ways which makes us reap a huge fruits, but its’s really not easy for you to do the trading. In general, it requires you many factors, easpecially patience and time. Yep, reading is really helpful for you, because you have to get knowledge and understand basically about which coins you want to do trading. Also, you have to accept to spend too much time to take some research for it. You’d better start trading with a small amount, then gradually you are familiar with this field, you could expend amount of money for trading. Besides, as you know trading is completely risky, you maybe give up easily, so patience plays important role in trading.I think you better read more and understand how bitcoin price movements created after that you can know and have the expertise to determine the buy and sell in the right position, so that when you are trading will definitely always benefit.
There is no doubt that trading is one of the most ways which makes us reap a huge fruits, but its’s really not easy for you to do the trading. In general, it requires you many factors, easpecially patience and time. Yep, reading is really helpful for you, because you have to get knowledge and understand basically about which coins you want to do trading. Also, you have to accept to spend too much time to take some research for it. You’d better start trading with a small amount, then gradually you are familiar with this field, you could expend amount of money for trading. Besides, as you know trading is completely risky, you maybe give up easily, so patience plays important role in trading. 
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.
First of all, I would recommend you to choose exchange like Bittrex or Binance.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.
Because these two exchanges have a very large volume.
Secondly, you have to choose whether to use short-term or long-term ways.
And third, you have to choose which coin is suitable for you to trade.
You can analyze the coin by looking at its chart and see the price or researching the coin itself by looking at its Bitcointalk forum or its official Twitter and looking for any news about the coin.
Very risky if you choose coin wrongly.
in my own opinon the best way to start in trading is to have an idea on how tradings work gathered some idea or details in trading you can visit some youtube channels its give some technique in trading then you can start in trading you can start in small capital
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. There are lot of things to consider before doing trading especially in altcoins, there are thousands of altcoins out there and we do not know how many altcoins will survive within a year or more. The first thing to do is to read a lot about trading, charts, volume ad price relationship, get some books I believe it will help you a little.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.
2. Google it, there are lots of reputable exchanges out there like Binance. Google and make some research. Choosing an exchange is also a key factor in trading.
3. Whitepaper, core team, community if it is active or not, real life uses in blockchain technology, source codes. Research and you'll find out.
4. Manual is much more recommended for me because you have control over your funds and can enhance your trading skills.
5. 10, you'll find out why when you lose..
Happy trading
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.
If you are a beginner, you should be able to acquire and understand any concepts regarding any transactions occuring in this industry.Since the passage of time affect the value of the coin itself, good and bad outcomes will be possible so patience and risk is necessary to be succesful in trading.
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.
Im going to answer it one by one. 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 reading and watching some videos for basic understanding of trading.
2.) It depends on your personal choice. Here are some of good exchanges.
a. Binance
b. Bittrex
c. Kucoin
d. Forkdelta
3.) Reading its full potential and apply it for long term if their interests are for future usage.
4.) I don't know what do you mean by this.
5.) 10/10 you're a beginner so its totally much riskier from the start.
If you newbie in trading for the better trade that your Bitcoin with USDT and with others altcoin by day trading, buy and sell many times to increase the amount of BTC. Just trade in 2 or 3 different coins and make trading plan how to reduce the risk to avoid loss. And firstly you have to learn and understanding more about technical analysis and risk management, totally focus by spend times 8 hours aday for that.
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.
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.
As a beginner, you must be willing to learn and adopt changes just to succeed in trading. You should choose the best ico first so that you won't have any future regrets. All kinds of investments are risky so tge best thing to do is just to have patience and hold until the profitable time.
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.
For me first you need to read or study some forum here on how to start in trading and also you can watch some channels in youtube it gives you an idea to start in the world of trading much better to have an idea first before you start in this kind of industry
I would 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.
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.
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