Newbie in crypto trading - page 2. | Bitcointalksearch.org

Bushrat Jahan

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Activity: 397

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Quote from: Tuxx33 on January 10, 2019, 07:21:02 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.

Before investing your money please do some research regarding crypto-currencies because without knowing about this platform you can't get success. You muct have learned about fundamental as well as technical analysis and also have patience. From my point you view, while you are newbie in trading then firstly select top 20 crypto-currencies then try to buy those at low cost, i believe that it will be profitable for you.

crypteris

newbie

Activity: 159

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If you want to trade start with a small amount first. As you are a newbie I suggest you stick to top 10-20 more or less reliable cryptocurrencies for trading. The choice of best crypto is as important as the reliability of a chosen trading platform. In this regard, I’d recommend you Cex https://cex.io/eth-btc as a good place to start trading, due to its intuitive interface. For diversification of your portfolio, you can invest in Monero, Stellar or IOTA but first, do your own research.

PuertoLibre

legendary

Activity: 1876

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Quote from: Noa_Amable on March 20, 2019, 09:41:07 AM

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 can trade it to BTC or ETH. to major coins

Starting from small market cap coins can be harmful to OP's trading journey. Better keep playing with big and steady growing coins and never afford the trading amount that you can't afford to lose in single position.

OrangeSeller

hero member

Activity: 1008

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Quote from: South Park on March 20, 2019, 12:24:56 PM

Quote from: Finestream on March 14, 2019, 07:53:02 PM

Exactly.Invest only in top 10 coins because these will eventually give you huge profits particularly when bull run comes.And having ETH and BTC are really good choices because these two are considered the most potential coins in the market.Keep on studying the crypto market so you will gain more valuable ideas which will mold you to be a good trader in time.

In fact it is the other way around, it is true that the profits you can get out of the top 10 coins are very good but those are the safest coins to invest in the market, if what you are really after are huge profits then you need to take a risk and invest in coins outside the top 50 or even the top 100, your risk will grow exponentially with such coins but at the same time the rewards grow as well and depending on your objectives that could be a good thing or a bad thing.

Read about them. These two are splendid coins with enormous profits ratios. Although in these days al the coins are giving bad numbers but still people are earning fantastic from these two supreme coins. ETH is too cheap and it suits to every pocket but bitcoin, yeah it is a bit fluffy.

But, when you get maximum know how about them, try to map them to your needs. Perhaps, one is better for me, wouldn’t be better for you so decide yourself.

gaston castano

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Activity: 1526

Merit: 251

Quote from: mrdeposit on March 20, 2019, 12:27:57 PM

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 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.

Not everything is that easy, the main point is what market do you use to trade? because every market I think every day there are always superior coins and always changing every day so if you want to trade just follow the news on the market, don't just change to the main coin

r1a2y3m4

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Match365> be a part of 150BTC inviting bonus

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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.

You should be investing more on bitcoin. Bitcoin might go up anytime soon. Once that happen, your portfolio will go up.

And for the 200 usd you should be buying some of these coins: TRX, LTC, and try to have more eth.

You should be hodling your 20 ETC.

arifteguhr

sr. member

Activity: 1246

Merit: 252

Quote from: Noa_Amable on March 20, 2019, 09:41:07 AM

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 can trade it to BTC or ETH. to major coins

that's true because to trade bitcoin and ethereum as the main coins is the best thing to get a promising advantage, the question is that both coins are very promising results

mrdeposit

hero member

Activity: 1358

Merit: 509

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 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.

South Park

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Activity: 2884

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I am terrible at Fantasy Football!!!

Quote from: Finestream on March 14, 2019, 07:53:02 PM

Exactly.Invest only in top 10 coins because these will eventually give you huge profits particularly when bull run comes.And having ETH and BTC are really good choices because these two are considered the most potential coins in the market.Keep on studying the crypto market so you will gain more valuable ideas which will mold you to be a good trader in time.

In fact it is the other way around, it is true that the profits you can get out of the top 10 coins are very good but those are the safest coins to invest in the market, if what you are really after are huge profits then you need to take a risk and invest in coins outside the top 50 or even the top 100, your risk will grow exponentially with such coins but at the same time the rewards grow as well and depending on your objectives that could be a good thing or a bad thing.

Noa_Amable

full member

Activity: 714

Merit: 100

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 can trade it to BTC or ETH. to major coins

Jating

hero member

Activity: 2842

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Quote from: Melissa Smile on March 20, 2019, 07:55:39 AM

As for me, day trading is the best option, on every deal you devote 3-5 percents of your deposit and making some profit in small price movements up and down. In addition, Such trades are providing price liquidity and market is running smoothly thanks to that.

I think that's one advantage of it day trading, liquidity of the market is running and so as the exchange.

But I must tell you that day trading is not for everyone, specially if you are newbie in trading. That's why I quite surprised to find you making profits in this bear market because you are doing day trading. Goodluck to you and hope you don't get greedy at the end and chase for big profits daily.

Melissa Smile

newbie

Activity: 28

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As for me, day trading is the best option, on every deal you devote 3-5 percents of your deposit and making some profit in small price movements up and down. In addition, Such trades are providing price liquidity and market is running smoothly thanks to that.

proTECH77

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Activity: 1120

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Bisq Market Day - March 20th 2023

Quote from: totoprayogo on March 11, 2019, 12:06:17 PM

Quote from: Tuxx33 on January 10, 2019, 07:21:02 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 should first monitor the price of coins in the market, and pay attention to which coins are up and down steadily, to avoid losses or cutlose. and in my opinion considering the declining price of ethereum. You should invest it in ethereum coin, which is estimated to be dumped in 2020,

How did you know or come to hear of this information about Ethereum dump in 2020? Do you assume this information?, kindly provide source, please. Haven been in trade, trade is not what a newbie should jump into because there is more to it lose than it gain therein. Learn how to trade by practice, read more trades strategies provided on the forum, ensure you are free from emotional stress before venturing into trade.

Don't be deceive with the rise and falls of coins to capitalize your trade techniques on such. Monitory coins has little to do with trade tactics, explore the strategies and gains are sure.

Cosbycoin

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Activity: 980

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Quote from: Polar91 on March 18, 2019, 08:24:23 PM

Quote from: cryptoblue77 on March 18, 2019, 04:32:59 AM

In my opinion, don't trade much. Spend a lot of time monitoring the market, reading book and other online articles about trading. You can also watch a few youtube videos about trading it would help you in future.

There is nothing wrong in trading too much as you're starting. In that way, you'll be able to figure out how to really trade better. However, you should only trade in very small amount as you're just starting. You don't need to spend a lot of time in monitoring the market. What you just need to do is to know how the market moves.

An important lesson for all the newbies coming into this world of trading. Look, we all always learn something first and then go for the practical thing.

From my side, advice is to learn trading. Read about it, look the facts and figures and see how this all is working. This is one of the splendid opportunities to earn from even small investments but you must make sure, you should be well equipped with knowledge before diving into this stream.

zee11225

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“A nexgen decentralized ride hailing ”

Quote from: Furious 7 on March 14, 2019, 05:06:53 PM

for me, your capital is enough to make short-term trading. choose a number of potential coins in binance using the scalping method. buy bnb, or other coins that are popular there.
do not save your capital in one basket.

It is better to buy a few coins for trading that have the potential for price increases, the parameters for buying are in the top 10, because this principle is safer than buying one coin and big investment.
To reduce risk and divide profits by having a few coins I believe trading for beginners will not fall, because experience proves holding lots of coins is safer than one coin.

sedahan13

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Activity: 462

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Actually altcoin has higher fluctuacion than BTC, when bullish trend many altcoin offer bigger gainer than BTC. Because now altcoin already oversold so you can buy it and use for long term trading. Choose good altcoin that tradeable on Binance is very good decision because has more probability to rally cause the trading volume is high. My sugestion cor altcoin is ADA, LTC, GVT, BNB, EOS.

Botnake

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Quote from: Polar91 on March 18, 2019, 08:24:23 PM

There is nothing wrong in trading too much as you're starting.

The more you trade the more you gain experience, but the amount of money at risk should be controlled.

Quote from: Polar91 on March 18, 2019, 08:24:23 PM

In that way, you'll be able to figure out how to really trade better. However, you should only trade in very small amount as you're just starting. You don't need to spend a lot of time in monitoring the market. What you just need to do is to know how the market moves.

Everyone needs to learn first and learning requires money in trading as theory is not always right, you also need to put it in action.

Polar91

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Filipino Translator 🇵🇭

Quote from: cryptoblue77 on March 18, 2019, 04:32:59 AM

In my opinion, don't trade much. Spend a lot of time monitoring the market, reading book and other online articles about trading. You can also watch a few youtube videos about trading it would help you in future.

There is nothing wrong in trading too much as you're starting. In that way, you'll be able to figure out how to really trade better. However, you should only trade in very small amount as you're just starting. You don't need to spend a lot of time in monitoring the market. What you just need to do is to know how the market moves.

Cherylstar86

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Quote from: Faxmate on March 18, 2019, 03:19:39 PM

Quote from: cryptoblue77 on March 18, 2019, 04:32:59 AM

In my opinion, don't trade much. Spend a lot of time monitoring the market, reading book and other online articles about trading. You can also watch a few youtube videos about trading it would help you in future.

It is very important to have knowledge for new trader, as we know trading is all about knowledge and information, without knowledge it is very risky to trade specially for new trader, being patient is important part of trading, new traders should trade for long term then get for long term, so there are so many ways to get that knowledge as you have mentioned above.

Indeed! Knowledge is important, it would be a great help for us to gain skills and bunch of experiences that would lead towards success. The first step in crypto consciousness is understanding blockchain technology. An ideal starting point is reading articles, checking online forums and vlogs discussions related to cryptocurrencies. This will help broaden our mind to learning and seeing the possibilities of the potential of blockchain technology. Stop wasting your time and never stop learning. Since market is exceptionally volatile, only invest what you’re willing to part ways with. Learn to diversify, you should be able to spread across the market proportionally so you will still have a good chance to achieve positive returns in one market when another is generating negative returns.

Tigerw

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Quote from: Faxmate on March 18, 2019, 03:19:39 PM

Quote from: cryptoblue77 on March 18, 2019, 04:32:59 AM

In my opinion, don't trade much. Spend a lot of time monitoring the market, reading book and other online articles about trading. You can also watch a few youtube videos about trading it would help you in future.

It is very important to have knowledge for new trader, as we know treading is all about knowledge and information, without knowledge it is very risky to trade specially for new trader, being patient is important part of trading, new traders should trade for long term then get for long term, so there are so many ways to get that knowledge as you have mentioned above.

I think that you need to do practical exercises, too, with a small starting capital. You need to gain practical experience in any case, because the theory will not go far. To many users of cryptocurrency today self-taught and studied the market in practice, rather than using books.

Topic: Newbie in crypto trading - page 2. (Read 1262 times)