Newbie in crypto trading - page 10. | Bitcointalksearch.org

kawetsriyanto

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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?~snip~

Be careful to decide when you need to sell and to hold the coins. Today, crypto market is in bad condition, the prices have deceased very much. So, I think it is better to hold the coins for a moment and wait till the market rises.

Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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

I suggest to invest in XRP or ETH. I assume these coins are the most potential coins to invest in 2019. However, if you have another opinion, it is okay as long as you know why you need to invest there.

Agapelove

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Quote from: ongkok87 on January 11, 2019, 02:05:27 AM

Quote from: apityeh71 on January 11, 2019, 02:00:15 AM

I think is better to trade top 10 crypto based on market cap because the fundamental is better than others. Price action of crypto is unpredictable and sometimes the market crash just a few minutes so we need to use stop loss and trailing stop as risk management.

therefore, for beginners, what is needed is a lot of knowledge about the crypto world, because the risk in crypto is large. so for beginners understand first about the world of crypto trading more clearly

The cruptocurrency space is full.of riks even those who have been here for a long time experience that risk. What more for newbies. You're right guys that newbies should have thrice the precautions. Don't take this lightly because many people have lost their capital already.

Slow death

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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.

I'll give you the following advice: buy bitcoin and hold bitcoin, but hold bitcoin for 2 years from now, do not expect that in the next months you will see great results on your investment

Bitcoin Price Will Tank Below $3,000, Says Trader Who Predicts Mass Sell-Off

because many people are preparing psychologically for other possible price falls in the coming months

el kaka22

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You mentioned that you are just starting trading, from that may I assume you are complete new to trading or just new to crypto trading. But, an experienced trader will not start such a topic for suggestion as he must be busy on analyzing major coins for that $200. I may need to assume that you are a new trader and just entering into crypto space. In that case I am suggesting you to go for long term trading and for that bitcoin must be good to make your $200 into $2000 in nest 2 to 3 years.

Next time, please find time to mention about your skills with trading and your expectation on profit levels for your capital. Because, you simply sound like you want list of coins where you may go for investing. Still, that is not a great idea as most people suggest shitcoins and your capital will burn out in couple of months itself.

It is always better to go for bitcoins with long term basis. You will never find disappointed for adopting bitcoins whereas most other coins may not.

pabpete

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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.

The cryptocurrency market is a high-risk market and is very difficult to predict. However, at the moment what is happening is a complete lottery. In my opinion, you should postpone buying / selling decisions. Observe the charts and wait for stabilization signals. When market will change the trend, then you can try your luck at trading.

CryptoMobster

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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.

Educate yourself before you start trading. Trust me. Take out say $100/$200 worth of your CRYPTO and get into the books. You will thank me for it later.

detector

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★

IMO, just focus on top 50 token in coincapmarket ,so you can try to invest more on ETH or even focus on it.
Crypto trading is unpredictable things because anything can happen so it will back questioning you, are you ready for it ?

Let say if you say yes, the result will be not same.

TimeTeller

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Quote from: joniboini on January 11, 2019, 02:55:48 AM

Quote from: apityeh71 on January 11, 2019, 02:00:15 AM

I think is better to trade top 10 crypto based on market cap because the fundamental is better than others. Price action of crypto is unpredictable and sometimes the market crash just a few minutes so we need to use stop loss and trailing stop as risk management.

If OP wants to look for short-term gains, then trading top 10 crypto based on marketcap is not really a good strategy. The reason for that is because the larger the market cap, the price is less volatile compared to low market cap coins/tokens. But of course this doesn't mean OP should choose coins with low marketcap, that's risky too.

For OP, I think you should make a clear goal first, do you want to do short-term or mid-term trading, and after that learn what's TA and FA and their differences. In other words, build your own skill first. That's important for you because in the internet you don't know which analysis is true if you don't have the basics.

Clear on point. If he's really new in crypto trading better feel the market first.
Read tons of threads here discussing wide range of topics.
If he will follow whatever is suggested to him, then, he will lose his money in no time.
But the very simple mantra in trading - buy low, sell high. But what coin? That's up to you.
You need to study the coin first. It's not an easy task. Don't rush yourself in this world of crypto trading.

mk4

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You want opinions, alright.

If you need to ask people where to put your money in, then you shouldn't be investing/speculating in the first place. I won't even suggest you putting your money in bitcoin. Either you do your own studies and research and make your own decisions, or you don't invest in cryptocurrencies in general at all. You shouldn't trust random people on the internet in the first place, especially with your money.

I hope you realize how stupid this is.

Ararbermas

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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.

Except bitcoin i suggest you to make a technical analysis here. then pick which will fit in your strategy and by the ways for newbies always bear in mind to set up a target because that's the most important. Long run is the best option rather than short term, especially if you want to gain massive demand.

St4yInTh3D4rk

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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 of them into bitcoin,then go to coinmarket cap and see the more volatile coin in last day and pick few of it and day trade it against BTC value and vice versa we call it as day trading and you can call it as what you want.Or you an diverse your capital into bitcoin and ethereum and start selling them when price increase and buy them back if the price fell.

kaizerblitz

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When you are new on crypto trading you will learn to suffer losses and encourage to put yourself on hardworking trading is very stressful my only tips is to study of it watch videos on youtube stuffs there's so many experts there in crypto that will help you in trading and important choose a coin that have a promising roadmap.

jems

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Do more research and always filter out what others have suggested. For me if you are truly a beginner then you should trade on coin coins that have potential and large trading volumes because it will reduce the risk of losing you.

sujonali1819

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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.

First, you need to gain some knowledge of crypto trading. For this, you can read this thread. you can find more topic about crypto trading. You can not understand all things in one answer. But i suggest you
1. don't be greedy
2. buy low price and sell high
3. always analysis before buying any coin.
4. Control your emotion strongly.

joniboini

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Quote from: apityeh71 on January 11, 2019, 02:00:15 AM

I think is better to trade top 10 crypto based on market cap because the fundamental is better than others. Price action of crypto is unpredictable and sometimes the market crash just a few minutes so we need to use stop loss and trailing stop as risk management.

If OP wants to look for short-term gains, then trading top 10 crypto based on marketcap is not really a good strategy. The reason for that is because the larger the market cap, the price is less volatile compared to low market cap coins/tokens. But of course this doesn't mean OP should choose coins with low marketcap, that's risky too.

For OP, I think you should make a clear goal first, do you want to do short-term or mid-term trading, and after that learn what's TA and FA and their differences. In other words, build your own skill first. That's important for you because in the internet you don't know which analysis is true if you don't have the basics.

nicolas1979

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Quote from: Tuxx33 on January 10, 2019, 06:21:02 PM

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 only have two option, create analysis depend your knowledge and experience, test it on real market. Option two is leave the market until have significant price action again. In this situation many people confused but I believe because they don't want to get loss and that's wrong. You know what to need to do just be brave and take action. Loss will not make people poor but not take action will create bankrupt people.

ongkok87

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Quote from: apityeh71 on January 11, 2019, 02:00:15 AM

I think is better to trade top 10 crypto based on market cap because the fundamental is better than others. Price action of crypto is unpredictable and sometimes the market crash just a few minutes so we need to use stop loss and trailing stop as risk management.

therefore, for beginners, what is needed is a lot of knowledge about the crypto world, because the risk in crypto is large. so for beginners understand first about the world of crypto trading more clearly

apityeh71

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I think is better to trade top 10 crypto based on market cap because the fundamental is better than others. Price action of crypto is unpredictable and sometimes the market crash just a few minutes so we need to use stop loss and trailing stop as risk management.

Tuxx33

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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.

Topic: Newbie in crypto trading - page 10. (Read 1287 times)