Need advice for the new investor - page 4.

armarsterling7

member

Activity: 420

Merit: 10

Quote from: RechardSmith on February 15, 2018, 02:00:51 AM

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

The best thing to do now is to learn about Blockchain technology before investing. Buy books and learn more about the technologies of the altcoins. You need to understand the basics to invest successfully. Then you will practice small transactions and you will find many good things from investing.

iged_war

sr. member

Activity: 882

Merit: 250

Quote from: coffigayo on July 27, 2018, 12:12:26 AM

I think we can start trading if we have extra money. Do not invest all our money. Do not sell panic until we do not benefit from it. Start with the lowest amount possible and high time frequency so we will be able to try new experiments and gain experience in the market.

extra money is not enough if we want to start investing in cryptocurrency.we must prepare ourself with some trading skill and knowledge in analisys.and also we must trainee our mental and emotion to face market while crashing.

Adrin

member

Activity: 294

Merit: 10

First pick up a perfect coin which can give more profit than others coins. Better and easy if you try this in the “coin market cap”. There are lots of coins listed. Select only from the top 10 coins. Now watch the history and current movement of that coin. You can invest in ICO project but better if you make trade. Not long term investment always try for invest in short term. Learn about day trading and practice.

Shadon24

newbie

Activity: 140

Merit: 0

My advice for new traders is that we need to trade what we see and not follow the investment movement to keep our views and opinions private our

Questat

hero member

Activity: 2982

Merit: 610

Quote from: ?? on ??

Bitcoin is very good in the long run. Just do not invest in bitcoin the last money, in order that you have enough time to wait for an increase in its price

In other words, just invest what you can afford.
Usually newbie get easily FOMOd and affected with FUD, my advise is that we have to apply what we read to experience
trading and we have to learn from it, there is no instant money, just focus on long term and keep improving.

Cassidyblaze55

newbie

Activity: 70

Merit: 0

What you need to do is to as a new investor is to have adequate knowledge of how the block chain industry works and believe in this technology. Next is to invest a small amount to learn practically how this industry works. These are the ways I suggest for a newbie

ubeng07

full member

Activity: 364

Merit: 100

Quote from: sakokinak on September 04, 2018, 02:00:07 AM

Quote from: Rainbow009 on September 03, 2018, 04:14:48 AM

There are quite a number of helpful videos and articles in trading.
Read, watch, listen, learn your craft.
Invest in knowledge, as that is the only way you can improve.
Then practise, this could preferably be demo, and take this as seriously as live trading.
When you are indeed ready to go live, start small, regardless your level of capital. And grow gradually.

Yes, the theory of trading is always useful but you need also the practice. Do not start with the large sums of money. Pick different cheap but good altcoins and invest in them.

For when you are undergo for an taking some experience of course you must be more practical, don't just ever take your large amount of money for nothing if you may not have any idea of what you doing in trading. First thing for it is that you need to be gather more lesson for your experience here.

hoavantathan

newbie

Activity: 196

Merit: 0

Stay away from margin. If the market's up, you'll get double prize. But if the market's down, you'll lose everything. Only buy BTC with 90% your total money. 10% to buy altcoins for daily trading.

sirohige

hero member

Activity: 784

Merit: 500

if you want to trade or want to be an investor by buying coins and letting them stay for a very long time then you should be able to understand the right time to buy coins and sell coins and you must be able to see the coin you bought has the potential to increase prices or not.

darthmaul

sr. member

Activity: 714

Merit: 252

Crypto currencies are prohibited in many countries but that doesnt mean anything as you can still have the peer to peer trading and earn big money from it. If you are having trouble accessing the exchangers then simply visit the local bitcoin sites and then learn some techniques to trade over there. How can you do that ? Well simply find the trader with X price per bitcoin and buy them from him. Now 99% chance is there that some other trader will be available with higher rates than the X per BTC. Thus, you simply approach him and sell your BTC to him. This way you can keep earning 1-3% of profits and keep reputing this unless and until you got the good trades. Thats the simplest idea behind it. :-)

Morgann

full member

Activity: 420

Merit: 100

Quote from: kidsrock on September 03, 2018, 03:07:55 AM

I think the new investor needs to have a big patient if they want to invest their money in cryptocurrency because the price will always fluctuate and no one will know what will happen in the next hours or the next day. and if they can have this, I think they are ready to invest in cryptocurrency and they don't have to be panic if somehow the market gets a decrease.

I agree on that, investors needs to be patient because the market prices are depending on supply and demand, that is the reason you should always hold your coins today in order to earn more profit in the market.

umar22pk

full member

Activity: 602

Merit: 100

I would like to give some hint to new investors…
Invest an amount which you can bear, I mean always invest your spare amount.
Don’t think you will be get profit within days….hold your coins for long term as you can
Don’t buy a single coin, split your money in some different coins. (Probably top 10 coins)

jujurloe

newbie

Activity: 103

Merit: 0

first determine your investment target whether it is long, medium or short term. if you choose a long-term strategy then visit coinmarketcap and take the top 10 coins there. divide into several coin portfolios, meaning don't buy just 1 coin with fantastic value with the aim of defersification of profits and losses. because the risk of crypto investment is large and certainly has a big advantage too

Ailmand

hero member

Activity: 1274

Merit: 519

Coindragon.com 30% Cash Back

Quote from: shulio on February 15, 2018, 03:52:16 AM

Buy with your spare money. Do not invest with loan. Wait for a year or two. Always buy, never sell. Bitcoin will be the leading coin for a long time and make you earn good money.

I agree. The cryptocurrency market is not doing good right now; however, despite that fact, it is still a good market to be in, and therefore, you should think of your actions towards investing very carefully so that you won't be regretful in the end. You really have to embrace the good as well as the bad, and it would really be a game changer once you find the balance between pushing it with the risks involved and being safe in such a way that you are not just expending your capital to get nothing in return. For me, my strategy is to always lean and invest on those coins that are not too much to buy, but at the same time, promising in terms of the growth they are showing.

karungbitcoin

full member

Activity: 588

Merit: 100

Bitcoin is gold 2.0 so that mean the price will be going up just like gold and the market cap will be also increase the same thing like gold in the long run. Bitcoin is very good asset for long term investment because the price still possible to go to $500k , now just around 1% people know and make invest in to Bitcoin and in the future can be 5% to 10% so make invest in Bitcoin is good decision to change life and financial.

Kira_lapa

jr. member

Activity: 126

Merit: 1

Bitcoin is good in the long run. But why should you listen to advice from people whose professionalism you can not even verify? Are you so trusting? Do not, because of this you can lose your money. It is better to start studying the market of crypto currency and eventually you will start making the right decisions.

yonjitsu

full member

Activity: 476

Merit: 100

www.daxico.com

Make a trade on those promising cryptos and try to get much of them as much as you can. Always apply the basic technique of investment wherein you need to buy during the very low price and sell them when the price is high to earn a good profit. As to investment, same principle is applied and hold those promising cryptos you have in your wallet as much as you can.

suraza21

newbie

Activity: 126

Merit: 0

If you invest in the crypto market then you should invest in tricks and you should invest in different types of coin you should not invest in a coin type would be very risky if you concentrate money on the head private coin

sakokinak

full member

Activity: 518

Merit: 101

Quote from: Rainbow009 on September 03, 2018, 04:14:48 AM

There are quite a number of helpful videos and articles in trading.
Read, watch, listen, learn your craft.
Invest in knowledge, as that is the only way you can improve.
Then practise, this could preferably be demo, and take this as seriously as live trading.
When you are indeed ready to go live, start small, regardless your level of capital. And grow gradually.

Yes, the theory of trading is always useful but you need also the practice. Do not start with the large sums of money. Pick different cheap but good altcoins and invest in them.

Premooooo

jr. member

Activity: 280

Merit: 1

It is better to just put the funds in the investors and the funds place it on legit investments so you will not lose money when you invest in altcoins.

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