Topic: ₩(((((?newbie asking about tradding ?)))))₩ (Read 576 times)
Before starting trading you need to read books and a lot of articles about trading: theory, strategies etc. Maybe watch videos (lessons). Then you can practice on small amounts to develop your own trading strategy. It's also good to find an experienced mentor. Good luck!
Trading is simple, buy coins when the price is low then sell it again when the price rise up. Its easier to explain but before investing your money into coins. Try to research about different statistics of currency of the coins your'e investing. Because when you buy your coin's sometimes it doesnt goe's up and the value might go down. So you need to do a lot of research before starting.
There is no get rich quick scheme in crypto (well maybe ICOs are). You have to take time to learn. There are plenty of guides on trading and you should start there. If you don't take it seriously you'll probably end up losing money instead.
The first thing to do would be to read the concepts of trading and the important terms that are used in trading. After that just watch some coins for a week and see their movements. Understand how it works and plan some strategies on trading. Start trading with small amounts and diversify them to some coins . After you get experienced you can trade with higher amounts . If you dont want to take risk on higher amount then you can trade with smaller amounts and collect it so that it becomes an higher amount. After that you can trade with that amount.
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big? This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?
First time i tell you that trading bitcoins or altcoins is not one way to earn big money, you will be disappointing because thinking like that, to getting big profit from trading is not easy, but with trading you will get active profit every do trading, trading basically is activity to getting active profit, you must have trading plan before doing trading, you must have method to prediction of price mostly traders use analisys technical, if you don't know about it, YouTube is your friends, you must stop lost if you have made wrong prediction and you must taking profit if you have got it, it will makes active profit if you have plan trading.
First of all, there are risks in trading. Don't trade more than you are prepared to lose.
Best thing is just to try trading yourself. Start with a small amount, something that wouldn't be a problem losing (like 100USD or something), and just try to get some gains on that.
Try and set a goal, like 10% a month, and see if you can reach it. If you manage to have gains for 2 months in a row, add another 100-200USD to your account and see how it continues. If it doesn't work, you can just stop and worst case scenario you lost 200-300USD (assuming you don't hold it till you get even).
10% a month might not seam like a lot in the world of cypto, but if you can do that consistently for years, you can make a really good living (not to mention that 10% is better than most investments out there)
Try and set a goal, like 10% a month, and see if you can reach it. If you manage to have gains for 2 months in a row, add another 100-200USD to your account and see how it continues. If it doesn't work, you can just stop and worst case scenario you lost 200-300USD (assuming you don't hold it till you get even).
10% a month might not seam like a lot in the world of cypto, but if you can do that consistently for years, you can make a really good living (not to mention that 10% is better than most investments out there)
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big? This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?
Yes of trading is the best way to earn big profits as long as you are doing it with proper planned strategies. Trading is thought to be risky by many people but they are the one who do a careless trading. I have done many mistakes initially which I now looked after and being successful trader since long time. Big opportunities are added with very ICO launch and you should learn them before you could invest into them. Do a trading which is more futuristic rather than live one. Take the opportunity of pre sale coins and buy them when they are lowest of all. Then you can wait until the coin is successfully launched in the exchanger to trade with BTC pair. This is simple strategy of my own and you can find yours over the time.
It's funny how newbies want to be rich right away when they don't even try hard to at least read what they could learn here in this forum, they always want to be spoon fed. If you have time, please make it a habit to read at least a couple of threads here in this forum, you'll be surprised on how many things you'll learn from here and google the one's you don't understand in.
That's never going to happen. There should be a sticky "how do I make money with bitcoin", and all these shit threads should be nuked as they pop up. These idiots don't want to read, and they probably won't even read the answers given here.They're like people who ask you a question but keep talking so you can't even answer it.
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big? This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?
There are so many online resources that can help you if you are really interested with trading cryptocurrencies. I do make trades from time to time but am not really an expert on this whole thing and there are times that I do create big mistakes resulting into deductions of my Bitcoin in my preferred exchange Bittrex.com. By the way, Bittrex is the most newbie-friendly exchange there is so I am recommending that to you.
And last but not the least...please change the way you are putting your headline of this post...that is just adding to the clutter of this forum. It is the responsibility of all forum members to make this forum as clean and as spam-free as possible...because we are all benefiting from this. Thanks.
It's funny how newbies want to be rich right away when they don't even try hard to at least read what they could learn here in this forum, they always want to be spoon fed. If you have time, please make it a habit to read at least a couple of threads here in this forum, you'll be surprised on how many things you'll learn from here and google the one's you don't understand in.
well the best bet is eading and reading..when you think you have enough knowladge then u move to the makert where you will need to do alot of study and study ....then u put in small coin and try your hadns then u will begin to understand once u follow this step i believe you will be on your way o earning big in tading
Exactly, reading would be a great help. Go through different articles and try to get as much knowledge out of them as possible. Come up with all sort of questions. Analyze situations and facts. However, get on the road because you will learn more when you will do it practically. Invest in BTCs. Buy them during dip, sell in pumping phase if you need to, and else keep on increasing the amount. Be patient and determined because you will face all sort of situations, good and bad as well.
well the best bet is eading and reading..when you think you have enough knowladge then u move to the makert where you will need to do alot of study and study ....then u put in small coin and try your hadns then u will begin to understand once u follow this step i believe you will be on your way o earning big in tading
Exactly, reading would be a great help. Go through different articles and try to get as much knowledge out of them as possible. Come up with all sort of questions. Analyze situations and facts. However, get on the road because you will learn more when you will do it practically. Invest in BTCs. Buy them during dip, sell in pumping phase if you need to, and else keep on increasing the amount. Be patient and determined because you will face all sort of situations, good and bad as well.
well the best bet is eading and reading..when you think you have enough knowladge then u move to the makert where you will need to do alot of study and study ....then u put in small coin and try your hadns then u will begin to understand once u follow this step i believe you will be on your way o earning big in tading
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big? This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?
I really don't see how you really want to make it big without being able to read, because if you put more enebry in that important part, then you will realize that there are several threads for the same purpose in which you are asking the same question. So, you cab invest the time in that or waiting to get enormous reply that will be about repeating what is being said before
Beside in joining campaigns and mining I want to know if tradding is the one that will help me to earn big? This is my first post here. Can someone be kind to help me. Can you explain it to me how it will work? How trading works?
Jump to: