Learning Crypto trading as a beginner - page 4.

worldofcoins

sr. member

Activity: 1820

Merit: 418

Telegram: @worldofcoinss

Quote from: baghodler123 on July 31, 2018, 09:12:33 AM

You can try babypips free online course and read the book by John Murphey (TA Bible)
After that learn some basic FA and risk management. Dont put more than you can afford to lose and good luck

There are a lot of online resources you can use online for free but I think the real learning comes with real experience so I'd suggest start a small investment into an altcoin and then start trading with that, keeping in mind the possibility of loss and failure.

krasheed11

newbie

Activity: 93

Merit: 0

I think bounty token for trading Cryptocurrency is better.

Rhaizan

full member

Activity: 518

Merit: 100

Quote from: abayan on July 31, 2018, 08:34:55 AM

Quote from: nelsledma on July 31, 2018, 05:47:03 AM

Trading is one bad and difficult game and even the experienced people cannot earn every day in the market but somehow if you are an experienced and professional trader, you can make good money.

Its not bad you already say that you can make a good amount of money if you're an experienced trader. Every one of them starts in difficult times and different ways as learning from a beginner is definitely hard. You will experience many success and failures or losses that is part of learning.

You will experience the most in trading is losing money and that is really hard to accept, because you gone your money in just one click but if you really want to know more about trading just feel your experience and learned from it .

baghodler123

newbie

Activity: 141

Merit: 0

You can try babypips free online course and read the book by John Murphey (TA Bible)
After that learn some basic FA and risk management. Dont put more than you can afford to lose and good luck

abayan

sr. member

Activity: 686

Merit: 260

Quote from: nelsledma on July 31, 2018, 05:47:03 AM

Trading is one bad and difficult game and even the experienced people cannot earn every day in the market but somehow if you are an experienced and professional trader, you can make good money.

Its bot bad you already say that you can make a good amount of money if you're an experienced trader. Every one of them starts in difficult times and different ways as learning from a beginner is definitely hard. You will experience many success and failures or losses that is part of learning.

Melodysong

newbie

Activity: 27

Merit: 0

Every beginner needs to learn how the space works before investing. This is just the basic thing to do as a beginner before investing

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: nelsledma on July 31, 2018, 05:47:03 AM

Trading is one bad and difficult game and even the experienced people cannot earn every day in the market but somehow if you are an experienced and professional trader, you can make good money.

But is that not true for every other risk based income? Do you have zero risk in stock market or precious metal market? Its same in all of them and if you are not willing to take the risk associated with it then its better not to enter them.

That said, there are safe practices of trading and if you have been following the market prices of different coins then you might be able to place orders according to market movements. What I mean is that you can buy low and sell high easily if you have patience.

nelsledma

sr. member

Activity: 572

Merit: 250

Quote from: cluit on July 12, 2018, 02:59:46 AM

Quote from: andregunja on July 06, 2018, 09:06:55 AM

Hello her may i ask also how to become professional trader what do i need to learn to become professional trader ? Can hanyone help me

Hello there! In order to become a professional trader, you need to have some skills by which I mean you can learn form those who have been doing well in the market so far. You also need to have perfect market information and the specific knowledge about the technology and crypto you are interested to invest in.

Having a small initial investment is good as it will give you market exposure and in case you loose money in the start, you will be good enough to trade nicely onwards.

Trading is one bad and difficult game and even the experienced people cannot earn every day in the market but somehow if you are an experienced and professional trader, you can make good money. For that you need to have strong grip over the technology and market information. Besides, some basic understanding about the crypto evaluation and the comparative analysis is also very important and might help you built a good portfolio.

Cosbycoin

hero member

Activity: 980

Merit: 506

Quote from: Oyebode1 on July 12, 2018, 09:05:57 AM

What the newbies should try to understand is that, to learn how to become a crypto trader is not easy so one must first seek for knowledge (From a reliable tutor or source) or try to research about how Bitcoin trading works, so that they'd understand well what they're engaging in..its not easy at first but with dedication and better support, nothing can stop the newbies from achieving their desired Crypto goals.

From the beginning we should be with few priorities which are very necessary and need our attention without which we can not deal with our trading here and would not get profit.

Bitcoin traders are going well these days and I suggest people to enter into the market right because we do not know when the market is shifting so we have hurry now in buying a lot of Bitcoins which is a clear benefit once we done with buying process.

lordmick

hero member

Activity: 868

Merit: 500

Of course it is not easy to trade (not invest) with cryptocurrencies, but if you want really to learn to trade, you should start from learning theory, technical analysis through indicators, Elliot's waves and etc. Personally I like trading methods of William D.Gann described on "45 Years In Wall Street". Also I like "Dimensional Stock Market Structures and Cycles" of Bradley F. Cowan.

Abeey4life

jr. member

Activity: 259

Merit: 1

Nice keep it up. I can only use my bounty token for trading Cryptocurrency.

Hobo66

hero member

Activity: 1344

Merit: 502

Quote from: scamalert0 on June 30, 2018, 11:35:32 PM

Anyone teach me how to start crypto trading ... I am old in market but never get profitable ..

Trading is not easy and need a lot of experience and skills to get money in short time. You said that you are old in this world but still didn’t make money. It means that you do not know how to trade affectively. Holding is better for you. If you want to trade effectively then you should spend some time with an expert to gain some knowledge about trading.

tothanhtuan

full member

Activity: 448

Merit: 100

All you need to do is focus on keeping track of your investments for any news or changes, don't listen to the fud. If you're working enjoy your job and chill out and live your life. Know that everything will improve eventually - no body knows, so if it happens - it happens, it's ok to listen but don't take it on. And know this - eventually the present market cap all time high will be overcome with a new one.

Daniel9140

jr. member

Activity: 252

Merit: 1

Every new beginner need to have the fundamental knowledge of cryptocurrency and know how it works. You need to equip yourself with adequate knowledge in this field before trading in this field or investing in this field

Kira Del Rosario

newbie

Activity: 83

Merit: 0

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.

Although it's hard to learn crypto but cryptocurrency is something that we have to possess as early as possible. The knowledge of cryptocurrency is what we need in the future. Who knows? Bitcoin might be the thing in the future.

gilad215

full member

Activity: 430

Merit: 100

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.

Who says that crypto market is anyway easier than stocks and forex? Why can't anyone who can learn crypto trading can't learn forex/stocks market?

I think you are calling Forex/stock market a bit complicated because you need to go through brokers and everything and it is not that easy process as opening a crypto exchange on your mobile. But in technical point of view, no market is this manipulated and volatile like cryptos which makes technical indicators useless most of the time. So, if you think trading cryptos is anyway easier, try other markets as well.

Earl Edward

newbie

Activity: 39

Merit: 0

As a beginner, it’s hard to learn crypto trading alone. Specially when you are really from zero knowledge. You don’t know where to go next, what to do, etc. how ever I do agree with the idea to learn alone in this field. You will oblige yourself to learn every details that you need in order for you to grow. Learning this is not a one day process. It takes time to fully understood everything.

cryptodigitz

jr. member

Activity: 42

Merit: 1

Definitely, trading as a business very importantly needs time and attention and that's the best way to actually make good profit trading

weblaraveluser

member

Activity: 308

Merit: 10

Quote from: Guideare on July 24, 2018, 01:11:25 AM

Quote from: MiukoOk on July 20, 2018, 05:57:31 AM

On youtube there are quite a lot of guides to trading. So you should find a reputable person to learn, so you will learn more easily.

Yes that is right that you can take a lot of information from internet but still you need to have good experience in trading and one can only get experience if he will spend a lot of time in trading. I think that trading skills are also too much important for becoming successful in trading.

You can always use free ebooks by searching on google in order to learn how the market for cryptocurrency works and google will be useful to watch news in order to determine the prices in the future.

BitcoinHunt3r

legendary

Activity: 2954

Merit: 1155

Leading Crypto Sports Betting & Casino Platform

Quote from: Phantomberry on July 28, 2018, 04:10:29 AM

I agree with that learning crypto trading is not just easy. I learned cryptotrading by learning a mistake first but i develop myself not to do again because learning mistake will make you to be success in the end.

true, mistake can't make us stop to keep learning. and it can give us more experience and we will know how to avoid that. especially for beginner, there is still a long road to be professional trader

Topic: Learning Crypto trading as a beginner - page 4. (Read 1665 times)