Learning Crypto trading as a beginner - page 10.

btctalk123

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Quote from: Cosbycoin on June 11, 2018, 06:20:20 AM

Quote from: kimochidesh on May 18, 2018, 04:57:25 PM

There are some basics of crypto market investment that a person should familiarize him with before he starts trading in the crypto market. The basics are, not to invest more than what you cannot afford to lose, always diversify your investments in order to minimize the risks, and the higher the risk the greater will be the return. Rest knowledge about market trends, technical analysis and charts can be known as the investor starts trading.

For beginners they must have to get enough knowledge in order to survive in the market because here are many complications and you will face with all those if you have the ability and your knowledge to face with these problems and find a solution for those problems.

The market has many alterations and changes with shift with the passage of time so you should know the rules of market and is necessary for every trader and investor.

This is veru true, as a beginner I had so much struggling here at crypto trading, so I decided stop trading right till the time, I could know for sure, what to do here and how to survive...

Angela28

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If you are a beginner you want to learn how to trade bitcoin then you should learn them through the youtube channels guide how to trade as well as trading methods in addition you can read bulletin online every day.

Soots

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Quote from: karthcrypt on June 13, 2018, 03:24:30 PM

Learning cryptocurrency trading as a beginner could definitely be a bumpy ride. You will have to navigate the uncertainties of cryptocurrency prices yourself and when you win or lose, you are responsible for your action and inaction!

Well the teaching about the trading for beginners the best sources will be all online and there articles that discuss about trading and vedio on youtube that very much helpful for all the beginner that want to be knowledgeable in trading. Best teaching is also experience and the advice you can get from your best buds.

max fray

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JOIN THE NEXT MEGATREND IN CRYPTO!

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

I wish there was a kind of a startup bonus when one decides to get involved in crypto market (like the $20-50-100 bonuses we can see on gambling websites).
Certainly this would require some sacrifice and efforts from exchange services, but this could attract even more risk-lovers into the market.
The thing is that you have to make up your own mind and risk your money in order to get profit - and that is the decision which could become the MAIN DECISION OF YOUR LIFE (and nobody can take it for you).

Best Dreams

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Quote from: Koro-Sensei on June 12, 2018, 03:08:05 AM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons...

Even though we learn trading from different ways it is not entirely sure to profit right away right? And as you said so many people are trading without prior knowledge and that leads then to loss and other problems that they share from their lack of knowledge and experience.

If you wana trade through more than one way of a trading I am sure you will get profit but it is not good to stay as lack of knowledge we need to have good information from crypto currency, as being a new trader you will have to know best time of buying and selling, do not share bad ideas about trading with other mates but try to learn new ways to get profit by trading for long term, now is buying time red time is to buy and green is to sell.

sumanto

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to learn trading cryptocurrency it seems you should need to learn some articles that are on google and must see some tutorials on youtube to learn more. you better learn deeper to get the benefits, when you already have the expertise you will be very easy to get the benefits because it will know the right time to buy and sell coin.

karthcrypt

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“Revolutionising Marketing and Loyalty”

Learning cryptocurrency trading as a beginner could definitely be a bumpy ride. You will have to navigate the uncertainties of cryptocurrency prices yourself and when you win or lose, you are responsible for your action and inaction!

KarinaChernyav

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To learn the trade Crypto needs the availability of free time - this is one of the most important conditions for future success. You need to get acquainted with the main concepts and principles because it will be impossible, and also learn how to avoid typical mistakes at the beginning of your journey. After seeing and reading the crypto currency, the beginner will seem to be the elementary direction of work.

BlackPanda

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Quote from: Koro-Sensei on June 12, 2018, 03:08:05 AM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons...

Even though we learn trading from different ways it is not entirely sure to profit right away right? And as you said so many people are trading without prior knowledge and that leads then to loss and other problems that they share from their lack of knowledge and experience.

Knowledge is the most important thing and it should be pursued in order to give us ease in doing Trading. Trading requires analysis so knowledge will be useful when we make a decision. In addition we also learn many things from an experience. for many people who are new to trading then it is a difficult thing, but when we continue to trade then we will add experience so do not ever give up when failing because with failure then we will continue to practice and get many valuable lessons.

sadcrypto

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I'm watching ICT's free vids. Daytradernik, cryptoorca, a lot of successful cryptotraders came from applying his concepts.

littlebill16

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🤖UBEX.COM 🤖

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.
[/b]

Any sort of investing and trading is hard work. Maybe not always in the difficulty level of it, but definitely in the amount of time and energy someone wishes to spend with it. Never think you have to or should learn about it on your own, its always good to seek advice and grow your knowledge of it so you can learn through that as well as your experiences with it (easy or hard ways). It's up to the individual as to what way they learn best and what makes them successful, but don't think you have to do it alone to be on top.

ModGirl

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Quote from: abayan on June 11, 2018, 06:59:12 AM

Quote from: Cosbycoin on June 11, 2018, 06:20:20 AM

Quote from: kimochidesh on May 18, 2018, 04:57:25 PM

There are some basics of crypto market investment that a person should familiarize him with before he starts trading in the crypto market. The basics are, not to invest more than what you cannot afford to lose, always diversify your investments in order to minimize the risks, and the higher the risk the greater will be the return. Rest knowledge about market trends, technical analysis and charts can be known as the investor starts trading.

For beginners they must have to get enough knowledge in order to survive in the market because here are many complications and you will face with all those if you have the ability and your knowledge to face with these problems and find a solution for those problems.

The market has many alterations and changes with shift with the passage of time so you should know the rules of market and is necessary for every trader and investor.

Actually there are so many lessons that a person can learn everyday there is a lessons or in which you can gain and experience in trading. A beginner must do trade with all his will and heart so he can adjust and learn the lessons as soon as possible on his own dedication.

Yes it is very important to have interest in something you are doing, so I think beginners should trade with full affection, it is good to buy at low and hold to trade later at high, they should take start now as it is the best time for them, but in my opinion a beginner need to start and try to choose long term trading not day trading as it has a little risk.

Koro-Sensei

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Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons...

Even though we learn trading from different ways it is not entirely sure to profit right away right? And as you said so many people are trading without prior knowledge and that leads then to loss and other problems that they share from their lack of knowledge and experience.

oriontab

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The trading part i agree is not much a big deal.The difficult part i think has to do with making consistent profits.That require a good grasp of both technical and fundamental analysis.

Googlegenius

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Quote from: franky1 on May 13, 2018, 03:08:45 PM

lesson 1. never buy high sell low. (never sell at a loss, ever)

lesson 2 dont ever throw your whole funds on one order.
say you have $10k. split it into 10x $1000 baskets and then buy coin when you see a low using one of them baskets. if the price goes up great your in profit. if the price goes down, dont worry about it leave it as is and know you still have 9x $1000 to take 9 more chances to make orders

lesson 3. dont hold long term hoping for 50%+
instead aim to buy at price X. and sell at X+1% at the moment the price has not risen by 50% in 4 months. but with the daily changes.of 5%-10% there are MANY more chances per day to make 1%.. and all them 1%'s add up.
EG if you can do 20 trades of 1% using all your 10xbaskets twice over)(=2% a day) you can get 60%($6000+ profit) in one month..

yep without risking much and taking little profits often and repeating it often gets you more profit faster

There should be a like 👍 button here in btctalk. Great sharing of wisdom bud. Thanks!

Maricurijohn

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The Premier Digital Asset Management Ecosystem

Beginners to the Crypto market should not trade too early, focus on learning hohir and cultivate experience, so it will be good for you from the beginning, do not rush to invest, you will fail. I know many people are too rushed to lose their capital from the beginning.

deonyx

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I would agree with you on this about learning Crypto trading on your own and even if someone has to be taught by an expert, it is very important to develop your own personal methods that will work for you any day any time because following other people's guidelines can only help you to a very limited extent but your own experience is yours and that's what you can always fall back to in times of strong market forces. And again it is easier to get along in cryptos than it is in forex without much dependant on assistance all it require is more work, more learning and research

abayan

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Quote from: Cosbycoin on June 11, 2018, 06:20:20 AM

Quote from: kimochidesh on May 18, 2018, 04:57:25 PM

There are some basics of crypto market investment that a person should familiarize him with before he starts trading in the crypto market. The basics are, not to invest more than what you cannot afford to lose, always diversify your investments in order to minimize the risks, and the higher the risk the greater will be the return. Rest knowledge about market trends, technical analysis and charts can be known as the investor starts trading.

For beginners they must have to get enough knowledge in order to survive in the market because here are many complications and you will face with all those if you have the ability and your knowledge to face with these problems and find a solution for those problems.

The market has many alterations and changes with shift with the passage of time so you should know the rules of market and is necessary for every trader and investor.

Actually there are so many lessons that a person can learn everyday there is a lessons or in which you can gain and experience in trading. A beginner must do trade with all his will and heart so he can adjust and learn the lessons as soon as possible on his own dedication.

Cosbycoin

hero member

Activity: 980

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Quote from: kimochidesh on May 18, 2018, 04:57:25 PM

There are some basics of crypto market investment that a person should familiarize him with before he starts trading in the crypto market. The basics are, not to invest more than what you cannot afford to lose, always diversify your investments in order to minimize the risks, and the higher the risk the greater will be the return. Rest knowledge about market trends, technical analysis and charts can be known as the investor starts trading.

For beginners they must have to get enough knowledge in order to survive in the market because here are many complications and you will face with all those if you have the ability and your knowledge to face with these problems and find a solution for those problems.

The market has many alterations and changes with shift with the passage of time so you should know the rules of market and is necessary for every trader and investor.

nightways

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Quote from: Boov on May 13, 2018, 10:02:50 AM

Quote from: 9jaflick on May 13, 2018, 09:47:33 AM

So many persons learn Crypto trading through the hard way, with no guidance from any angle and I happen to be among these categories of persons... And one thing I understand is that, those that learn through hard ways always do best!

So many persons sees trading as one big thing that requires a lot of time to learn, the fact is that anything that involves money requires an attention and sometimes we often get scared of losing our money.
But the truth is that Crypto trading is very easy compared to forex/stock-market.

You can learn Crypto trading on your own without any help from anyone, but you can't do this with forex/stock-market.

The best way to learn about Crypto trading is to play around with the market with a small amount of money.

Or if you have any altcoin, you can spare some unit, take it to the market, do some buying and selling, do it over and over again, it doesn't necessarily mean you must buy the same altcoin. Buy other altcoins.
If you can keep up with this within a 2weeks, You will see results.

Contributions from other Crypto Trader is higher welcome but please avoid spamming.

It is right to understand what are the fundamentals of crypto and how does the price goes up and down . A beginner should know the rule in investment, the higher the risk the higher the return , but Im not necessarily says that take always the risk , there are many ways to reduce this risk , First is to be educated second is always ask for help . As a beginner you should always be concerned on your surroundings, learn from the old investor. The last thing I can advice is to use the money that you doesnt need, remember that investment makes you feel better not worst.

You got to be shitting me! Crypto trading is more profitable than but it is not easier as it is like the craziest market I have ever traded. The high level of volatility most especially for altcoins is more like when you are trading penny stocks. However, with good knowledge it can get you there but not without some mistakes you will still have to learn from at first even with the knowledge until you are able to build that confidence into trading the market the right way.

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