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Topic: Newbie in crypto trading (Read 1262 times)

sr. member
Activity: 784
Merit: 314
April 22, 2019, 06:11:39 AM
you can start trading with buy 20 top cryptocurrency by coinmarketcap.com.
For newbi , it is good choice to trade xlm.
sr. member
Activity: 854
Merit: 252
April 22, 2019, 05:02:58 AM
I'm not quite familiar with the altcoins you mentioned except for ETC which is one of the good coins in crypto.
If I were you, better for you to sell the coins you have except for ETC. Then, use the purchase amount to buy a new coins
that are belongs to top 10 altcoins at the coinmarketcap, on this way there is a high chance for you to get a profit in the
near future for sure, just hold for awhile.
member
Activity: 113
Merit: 10
April 22, 2019, 04:30:32 AM
In order to make a sizable profit with your 20 ethereum, I’d suggest you try margin trading. It allows you to multiply the return having only 20 coins. For example, a platform Cex Broker provides up to 10x leverage on ethereum and bitcoin - https://cexbro.com/. It means that you can turn your 20 coins into 200 coins and trade them. Margin trading can be lucrative but keep in mind that the risk is higher as well. Therefore, educate yourself about this way of trading first. For every single trade whether on margin or not use a stop loss to be safer. If you need practice, the platform offers a free demo account where you can acquire the needed skills.

As for $200, I’d invest in IOTA or Cardano that I think can bring good returns. But you should DYOR on this issue because only you are responsible for any financial loss it may cause. Learn more regarding what fundamentals are and who stands behind the cryptocurrency you want to invest and estimate how profitable it can be.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 01, 2019, 07:49:56 AM
Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.
For $ 200, I think you should buy the tokens of IEO projects supported by large exchanges to have the opportunity to x3 x5 your capital. currently there is no failure of an IEO project and it always brings great profits to investors. You can see BTT, FET, TOP, ...

I don't recommend to buy the tokens from IEO or ICO because it's too risky. But maybe I can suggest to trading because he has a change to make a profit from many coins. That will work well if he can learn about analysis, so he knows how to trade with a right, and that will make him have a chance to make a profit.
full member
Activity: 644
Merit: 101
April 01, 2019, 12:19:08 AM
Doing long term trading by choose good coin will be more profitable than day trading and will spend less times, choose altcoin that still in the bottomed and has strong fundamental, just like OMG that still in the bottom and has more potential to rise to the highest price, so we should be learn more fundamental each crypto.
hero member
Activity: 2912
Merit: 613
March 31, 2019, 07:43:52 PM
Is trading crypto better than just investing in crypto?
It depends on the user if the users is good for bitcoin trading he can trade well but if he is good for investing he can invest, according to me new person should first invest for long term because trading needs allot of knowledge and skill before getting profit, so suggest investing for long term it makes money and also it is lack of risk.

For new beginners, it's still best to study the crypto market first before investing in particular coins and even in trading coins. These two involves risks so as a newbie, better to familiarize the movement of the market price as this will fluctuate from time to time. MInvesting in long term might be a good idea but in trading, you still need to gain more experiences to make profit and not to end up losing.
full member
Activity: 1008
Merit: 101
March 31, 2019, 06:20:10 PM
Is trading crypto better than just investing in crypto?
It depends on the user if the users is good for bitcoin trading he can trade well but if he is good for investing he can invest, according to me new person should first invest for long term because trading needs allot of knowledge and skill before getting profit, so suggest investing for long term it makes money and also it is lack of risk.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
March 31, 2019, 03:12:47 PM
Holding is not advisable in this current market. It better to day trade with the coins than have them in your wallet long-term .

 I would recommend you learn to trade before riskinu any more money in the market.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
March 31, 2019, 08:53:47 AM
Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.
Convert all the altcoins to major cryptocurrencies and hold ETH or BTC. If you want to try yourself as a trader just trades with major cryptos like ETH. Always buy reliable project's token and hold till get the point that gives you the best profit.
Best option for the beginner like him tho, what other beginners do is that they buy many coins and try to hold them listening to fake ads on youtube or somewhere in the internet. Ethereum and Bitcoin ( or other high capitalized coins) is the best option to trade or hold as a beginner.
member
Activity: 658
Merit: 10
March 31, 2019, 03:06:00 AM
Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.
For $ 200, I think you should buy the tokens of IEO projects supported by large exchanges to have the opportunity to x3 x5 your capital. currently there is no failure of an IEO project and it always brings great profits to investors. You can see BTT, FET, TOP, ...
sr. member
Activity: 826
Merit: 265
March 31, 2019, 01:33:47 AM
Hello. I need I suggestion, because I just started trading.
I have a 20 ETC, and I want to trade it, can you suggest me for what to trade it. Maybe even to just hold it?
BTW I have 0.5 ETH. And 200 ELLA, and 100 PIRL(I know that ELLA and PIRL are nothing now, just hodling it.)

Also I want to invest 200$ in crypto right now so you can suggest me something for that too.

PS: I know that this is a Bitcoin forum but I really want to hear oppinion from someone who has experience in crypto world.
You said that Holding is another option means you are capable of doing such?if does then why need to trade and risking it when you can just let it stay in the wallet and wait for the growth,from the moment you posted this thread ethereum price grows almost %50 .so if in were you better stick to it and just hold the coins
newbie
Activity: 22
Merit: 0
March 30, 2019, 08:03:29 PM
Is trading crypto better than just investing in crypto?
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
March 30, 2019, 07:59:22 PM
As for new it is better for you to play safe as Currently market is undefined for the next movement ,you can go with main stream crypto or just btc to play safe or invest in some good ieo or ico for good returns.
we must have exact plan before decided something .investing in crypto market as we know was very risky and analize which is that be good coins for us very difficult.we should make trading plan on it.
Proper analysis is good for the trading platform. But we must take risk in trading because we don't know the future possibilities and how our investment will make profit. If I believe my crypto it will never disappoint my investment so continuous involvement is necessary in all the time and newbie investors are concentrate in small scale trading because this will guide you the further trading.
sr. member
Activity: 784
Merit: 250
March 30, 2019, 07:17:23 PM
As for new it is better for you to play safe as Currently market is undefined for the next movement ,you can go with main stream crypto or just btc to play safe or invest in some good ieo or ico for good returns.
we must have exact plan before decided something .investing in crypto market as we know was very risky and analize which is that be good coins for us very difficult.we should make trading plan on it.
full member
Activity: 1316
Merit: 126
March 30, 2019, 06:14:49 PM
As for new it is better for you to play safe as Currently market is undefined for the next movement ,you can go with main stream crypto or just btc to play safe or invest in some good ieo or ico for good returns.
To look something that have assurance, we should have to choose the top coins in the market rather than of participating ICO. Though ICO/IEO have that also some percentage but it usually give us losses especially when it don't have a working product as mostly price goes down after the end of the bounty programs.
So I suggest for beginners, better to look the existing coins to trades which it have already enough volume and have a good market value.
sr. member
Activity: 585
Merit: 251
March 30, 2019, 03:18:25 PM
As for new it is better for you to play safe as Currently market is undefined for the next movement ,you can go with main stream crypto or just btc to play safe or invest in some good ieo or ico for good returns.
hero member
Activity: 1834
Merit: 523
March 30, 2019, 02:14:35 PM
That's a good start keep holding that and add more in the future.
You can search it on the internet like the above says you have a good chance making it easy if you searched it through the internet on the top altcoin or token. Since newbies lacks the knowledge to apprehend such analysis we have to rely on top listings but even though some lack that we have to speculate a particular that is your liking and invest after it has good results.
The newbie traders can still not rely on the top coins if they want,  but for sure security of their money I will agree to you that they need to buy more top or rank coins because the price will not easily down compared to the other coins because the foundation or supporterd is not strong.
sr. member
Activity: 1236
Merit: 252
March 30, 2019, 01:42:10 PM
That's a good start keep holding that and add more in the future.
You can search it on the internet like the above says you have a good chance making it easy if you searched it through the internet on the top altcoin or token. Since newbies lacks the knowledge to apprehend such analysis we have to rely on top listings but even though some lack that we have to speculate a particular that is your liking and invest after it has good results.
Yes because to become a trader knowledge matters allot, the more you will learn the more you will be safe being a trader, it is very important for new traders to know when and where they should buy their coin, holding is very important thing and after holding only patience can help you, it is very important to keep your emotions away to become a good trader.
sr. member
Activity: 1624
Merit: 267
March 30, 2019, 11:25:42 AM
Good to see that you have ethereum in your wallet. But thw other coin tjat you mentioned Im not familiar with that I do not know if that are high chnace to increase or no potential. Im really thankful because there is someone like you that have still interest to invest again to crypto and I hope there is a lot of people like you,  you are inspiration to all of the people who already leave because you show to them you still herw and willing.  You can add more ethereum with your $200 and you get more than 2 ethereum right now to the current price.
full member
Activity: 602
Merit: 129
March 30, 2019, 09:35:22 AM
That's a good start keep holding that and add more in the future.
You can search it on the internet like the above says you have a good chance making it easy if you searched it through the internet on the top altcoin or token. Since newbies lacks the knowledge to apprehend such analysis we have to rely on top listings but even though some lack that we have to speculate a particular that is your liking and invest after it has good results.
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