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Topic: New to Bitcoin Trading? (Read 603 times)

jr. member
Activity: 87
Merit: 1
July 17, 2018, 12:34:11 AM
#69
If you are new to bitcoin trading industry,
you must have a enough knowledge how to handle this kind of business to be successful someday and how to deal with it, to be able to survive.
You need to spend some time with a trading expert and try to manage your time. From trading expert you can learn lot of things and time management is very important in cryptocurrency trading. Trading Is not easy and you will have to work hard to be successful trader. If you have qualities no doubt you will earn huge profits from crypto trading.
newbie
Activity: 62
Merit: 0
July 10, 2018, 04:50:54 PM
#68
What you have forgotten to say is to warn newbies that the Bitcoin market, as well as all cryptocurrencies markets, are heavily manipulated to an extent difficult to imagine from outside. Therefore, dangers are huge, but also opportunities, as soon as you've learnt to understand how whales think and act.
member
Activity: 294
Merit: 10
July 10, 2018, 03:24:34 PM
#67
Hi. Please allow me to go back to basics. I just wanted to share to the newcomers here in the crypto world that, in trading, you only have to invest what you can afford to lose. Luck doesn't happen every time so don't be hyped and spend all.

I knew that there are traders who are more experienced than me, and I keep learning new things every day and I don't consider myself an expert. I just really wanted to share what's on my mind. Lol.

Bitcoin, for me, is not gambling. But your thoughts and actions are what you gamble. If you don't want to lose, make yourself knowledgeable. Do further research on how to get good profit. Knowing how to read a chart is one of the best ways I can offer. There are certain indicators that can really help you get good profits. Well, not everyone has the energy to learn that practice, so I also suggest that you follow experts in this field. When I was starting, I barely had an idea in crypto trading, I was like a new student studying new culture. So I look for a sensei whether he knows it or not, Lol. Choose someone you can really trust. Whether it's an expert on your twitter or on Facebook who likes sharing updates regarding his views of the market. Or even a guy or gal on YouTube. If you can't read the chart let them read it for you.

There you go, these are some thoughts I have in mind. I'll try to share some tips soon. I know that the awareness of Bitcoin to newcomers are increasing. I was vulnerable in trading when I first try it, no knowledge, no experience, no indicators, just gambling. I learned from all those mistakes and sharing some tips can help newcomers not to experience the same thing. But as what wise men say, "Experience is the best teacher." Good luck, folks!

What do you think? Share your tips too. It will be much appreciated.
I think that for the crypto market at the moment, bitcoin is playing a very important role. It can be seen that the market is in a bear market in the long run and bitcoin prices are likely to fall sharply this year, so I think we should not invest long term in bitcoin. But the information is only to push the price of bitcoin rebound but I think the recovery in the short term and bitcoin will continue to fall deep.
newbie
Activity: 126
Merit: 0
July 10, 2018, 02:55:32 PM
#66
If you are new to bitcoin trading industry,
you must have a enough knowledge how to handle this kind of business to be successful someday and how to deal with it, to be able to survive.
full member
Activity: 364
Merit: 107
July 03, 2018, 12:07:47 AM
#65
Almost all best practices have already been shared on the topic but here is what I can share.

Do not rush to do trading. If you are totally new in trading including on all markets it is best that try to gain experience first. Try trading using a demo account, there are many exchanges that allows you to have a practice account. If you do this you will not be surprised on how volatile the crypto currency market.
newbie
Activity: 25
Merit: 0
July 02, 2018, 11:52:14 PM
#64
For me, invest what you can afford to loose. I learn everyday and don't force people to join. Rather I tell them the benefits and loose on trading Crypto.
member
Activity: 280
Merit: 10
July 02, 2018, 11:49:32 PM
#63
I admit that this decision made by Goldman Sachspushes me more to believe in the future of cryptocurrencies. The big investmentbank decides to set up a bitcoin trading operation to respond to itsenthusiastic customers of cryptocurrency, it's great here. What I like mostabout this story is that Goldman Sachs' senior executives have come tounderstand that Bitcoin is not a fraud or a speculative bubble. I believe inthe usefulness and the future of this digital 2.0 currency. Besides, I buy andsell bitcoins on the platform Bitcinternational.com and I do not complain aboutanything. Everything is reliable and secure. So, if Goldman Sachs wants tolaunch his bitcoin trading operation, I think it's a great initiative.
newbie
Activity: 149
Merit: 0
July 02, 2018, 11:37:48 PM
#62
In my opinion, the best way to learn bitcoin trading is to study forex trading. Fired has a lot of history, tools, indicators etc. Use a demo account at first and perfect a strategy. Only when you are confident emotionally ( all trading is really about being able to control emotions) do you use a live account.
newbie
Activity: 23
Merit: 0
July 02, 2018, 11:01:37 PM
#61
Many thanks for the information you provided, especially the new ones like us. What we need is the best way to get the bitcoin profit.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
July 02, 2018, 10:21:05 PM
#60
Hi. Please allow me to go back to basics. I just wanted to share to the newcomers here in the crypto world that, in trading, you only have to invest what you can afford to lose. Luck doesn't happen every time so don't be hyped and spend all.

I knew that there are traders who are more experienced than me, and I keep learning new things every day and I don't consider myself an expert. I just really wanted to share what's on my mind. Lol.

Bitcoin, for me, is not gambling. But your thoughts and actions are what you gamble. If you don't want to lose, make yourself knowledgeable. Do further research on how to get good profit. Knowing how to read a chart is one of the best ways I can offer. There are certain indicators that can really help you get good profits. Well, not everyone has the energy to learn that practice, so I also suggest that you follow experts in this field. When I was starting, I barely had an idea in crypto trading, I was like a new student studying new culture. So I look for a sensei whether he knows it or not, Lol. Choose someone you can really trust. Whether it's an expert on your twitter or on Facebook who likes sharing updates regarding his views of the market. Or even a guy or gal on YouTube. If you can't read the chart let them read it for you.

There you go, these are some thoughts I have in mind. I'll try to share some tips soon. I know that the awareness of Bitcoin to newcomers are increasing. I was vulnerable in trading when I first try it, no knowledge, no experience, no indicators, just gambling. I learned from all those mistakes and sharing some tips can help newcomers not to experience the same thing. But as what wise men say, "Experience is the best teacher." Good luck, folks!

What do you think? Share your tips too. It will be much appreciated.

I see the basic rule, "Never invest or trade more than you can afford to lose". Many peoples should do this.
But some peoples want to gamble their money into crypto, causing lossing more than they can afford to lose.
Always do your diligence when investing on cryptocurrency. If you want to be a trader, you need to follow the market trend everyday.
newbie
Activity: 84
Merit: 0
July 02, 2018, 09:43:19 PM
#59

So you will always have the knowledge to do whatever you expect from it, I resist the direct or indirect encouragement of someone to use Bitcoin. As a Bitcoin user, our job is to let others know what Bitcoin is about its core and so we should focus on explaining them about this technology.
sr. member
Activity: 672
Merit: 271
June 21, 2018, 09:29:24 AM
#58
From my own experience on this forum, and my observations, I have inferred that newbies on this forum are usually very much hyped and in hurry to mint money. They are usually not clear with their goals and in this confusion and hurry, tend to mess up the things. There can be many reasons for this kind of confusion. They may not be clear with their knowledge of the market or may have formed a vague image of crypto world in their minds. Usually their investment decisions are all taken in hurry and end up in fetching negative results. So the newbies need to relax and take their decisions after proper research and market study. Also they should learn to stay calm in difficult times.
member
Activity: 472
Merit: 10
June 21, 2018, 09:18:09 AM
#57
Newbies should be very caution in trading bitcoin, they need to learn a lot. As bitcoin is a very volatile currency, its price fluctuates in minutes. I would recommend they observe the market for a few days before starting trading.
newbie
Activity: 175
Merit: 0
June 21, 2018, 09:17:53 AM
#56
Good advice thanks for your suggestion it is help for new member and I think newbie learn should be some skill for trading it is very useful for new member
newbie
Activity: 266
Merit: 0
June 21, 2018, 09:17:35 AM
#55
Reading and finding new knowledge is very important to be a good trader in cryptocurrency
member
Activity: 205
Merit: 10
June 21, 2018, 09:09:22 AM
#54
At the moment, bitcoin consumes, in the main, very cheap electricity. Miners, pushing each other, chase after low power consumption, and anyone who consumes above average will be forced to close their farm because of a lack of profit. As a result, the bitcoin network, as a rule, uses energy where it is high and can not be stored or exported. Gas, oil and coal are easy to export, so no one is happy with bitcoin farms where it is the main source of electricity. It is much more profitable to sell these resources to the place where they will be bought for a greater price.
member
Activity: 266
Merit: 10
June 21, 2018, 09:04:24 AM
#53
I do not advise investing in crypto currency if you panic, because it is a high-risk and extremely volatile asset, the value of which constantly fluctuates. In addition, you should not invest the last money here, take loans and buy bitcoins in debt.
member
Activity: 294
Merit: 10
June 21, 2018, 08:59:20 AM
#52
The cost of bitcoin is 10 thousand dollars - not more than a psychological level. It is unlikely to affect its attractiveness. It's already unprofitable to drop beatcoin on a home computer. Now special expensive equipment is required for this.
newbie
Activity: 27
Merit: 0
June 20, 2018, 05:37:27 AM
#51
I am just a beginner using this, but I am very interested in joining the bitcoin trade because it can be profitable for us to help the family's economic problems. worldwide now also use bitcoin because its selling value is very promising.
member
Activity: 406
Merit: 10
June 19, 2018, 09:28:37 PM
#50
No problem if you are new in bitcoin trading, you can be a skilled trader if you keep trading and adding your experiences in crypto trading.
One thing you need to know is crypto trading is different from stocks trading. The price of crypto are volatile, easy to change.
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