Topic: Newbie in trading cryptocurrency and forex (Read 528 times)
There are lots of good tips here. I wouldn’t have to cramp you up with my tips as the ones here are mostly related to what I would have mentioned. Just note that regardless of whatever opinions you get here, you have to make your due diligence. Keep learning about trading and don’t forget to take action. And start small and with money, you can afford to lose.
In my opinion, trading is a complex matter that requires knowledge and experience for its management. So this is not something that can be learned instantly, but it must be gradual and consistent. Tips from me, learn the mistakes that are often made by new traders, then find and learn the solution. it's effective enough to avoid common mistakes. other than that use cold funds that you have prepared to learn to trade, so that if losses do not interfere with your finances completely. the most important thing is not to trust too much on trading signals and the like, it's better to do independent analysis and expand the network to have discussions with fellow traded.
Of course, For beginners in Crypto or forex trading don't use large capital to learn, but use small capital so that when there is a loss, then it is not too big. I personally when a beginner in the world of Crypto only used the capital that I got from Bounty, didn't spend my money.
just like me, I got a prize 5 ETH in 2018, and it made me try to trade, but only 1 ETH for I traded at that time,
after I understood until now I already have 20 ETH, even though the amount is still small and i'm happy
Is not a problem to invest in crypto and forex, at least if you check some tutorials and try to not lose and also to not spend all money from the house to invest.
One of the most advanced solurions I am aware of is GET protocol. Guys are not only partnered with Klaitn (Google it, very famous korean platform), but also is main ticketing partner of Oerrock festival. And talking more on current progress, they have already sold around 300k tickets. This is a truly great result, from my point of view. And they grow truly fast
Hmm, indeed sounds pretty impressing, let me have a closer look at what the guys are offering and get back with own thoughts, thanks for your recommendation
Interesting, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?
One of the most advanced solurions I am aware of is GET protocol. Guys are not only partnered with Klaitn (Google it, very famous korean platform), but also is main ticketing partner of Oerrock festival. And talking more on current progress, they have already sold around 300k tickets. This is a truly great result, from my point of view. And they grow truly fast
Mine is the following - I am starting with the niche. For example, talking about me, I am fond of different progressive ticketing solutions. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
Interesting, usually people just follow what everyone follows. But to be honest, I love your strategy more, kinda it is deeper and more objective. As you are into the industry, can you give me an example of the solution that meets your requirements?
Greetings. There are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
Mine is the following - I am starting with the niche. For example, talking about me, I am fond of different progressive ticketing solutions. When the niche is chosen, I try to have a look at the solutions that are having the highest ratings along with real feedback from users. And then I am also evaluating things on my own, paying attention to team, future opportunities and more
Afternoon there ladies and gentlemen. There is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solution for you
Greetings. There are many aspects that matter, indeed. And we are not only talking about the idea as the idea, but much more about complex approach. So curious to hear yours
Afternoon there ladies and gentlemen. There is huge variety of different solutions coming onto the market, so I am here with the strategy I personally use. In my opinion, mine is pretty rational and can help to find the most advanced solution for you
if you start learning self-taught or with the help of references through every source of information then there is no guarantee for you and you also cannot trust them fully. it's just that if you really have high confidence in trading then chances are you can do it. The first time I started trading was based on intention, learning, experience, and income. but my advice is to start using small capital and do it in large exchanges and choose coins that have high trading volumes.
You are free to think about what you want to do with all this. everyone has the right to choose what they will do later. If you choose the right thing then a great profit will come to you.
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
all you have to do first is look for the altcoin you want to trading, but I recommend you to trading in altcoin that is in the top 100 coinmarketcap, because altcoin in the top 100 coinmarketcap is definitely very easy to trading (has a high volume), so you only need to buy altcoin when the price go down and sell it when the price goes up, but if the price doesn't go up then you only need to hold and wait until the price increases again.
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
all you have to do first is look for the altcoin you want to trading, but I recommend you to trading in altcoin that is in the top 100 coinmarketcap, because altcoin in the top 100 coinmarketcap is definitely very easy to trading (has a high volume), so you only need to buy altcoin when the price go down and sell it when the price goes up, but if the price doesn't go up then you only need to hold and wait until the price increases again.
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
Not quite clear to me by forex suppose instaforex or bitforex. As far I know instaforex is offering 5K USD to start and understand trading, those USD isn't original. Only market bad situation could lose you, otherwise trading always profits for everyone. It's hard to believe but make a research for long time, it's very easy. 
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
I've asked this question severally on this forum and I can't find a single straight answer, its risky they kept saying, there will be gains and losses, that's the fact, my own way of trading is buying when bitcoin is down and wait for it to rise and I will sell again and rebuy when its downI would suggest you to go for lower risk trading which is spot trading. That is the same you are currently doing. But perhaps the profits you would be getting in spot trading with bitcoins might be much lower and in order to start increasing your profits you can move onto some other potential coins who have lower price but higher volume.
You are free to think about what you want to do with all this. everyone has the right to choose what they will do later. If you choose the right thing then a great profit will come to you.
Since you want to trade, I suggest you first learn how to trade by familiarizing yourself with different trading techniques and options and the pros and cons involved in trading. There are many ebooks that provide a detail explanation about crypto trading. You can check some of the topics I created about some free cryptocurrency ebooks. I Know most people like you always want to go to coinmarketcap to get a list of exchange platforms but I will also warn you to be careful. Always seek for further help regarding any exchange platform you intend to trade.
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
You need to stay focused if you ever want to move onto trading. Trading would require a lot of skills and you would also need to learn a lot of new things which would make it easy for you to understand the graphs. You need to get closer to the trading charts and patterns in order to start practicing trading. Trading might seem a profitable mean to earn profits but it could also bring a lot of risk along.You need to have proper risk management which would not make you land in excess loss. You must learn to be patient because it is what will make you earn profits. The markets are much volatile which might instantly make you earn a decent amount of profits but at the same time you can even face loss if the market moves in opposite direction.
I have the same question but dont trust anybody.. I also did search what are the needs to be able to do trading and all the aspect to learn in order to be a good trader. All of users here are saying all the feedback you need. Actually when I first try it, dont even know how to use exchange but as I keep trying and doing it all the knowledge needed just sync in. Try it all first and the things you dont understand upon doing it thats the thing you can ask here. If its not so complicated yet then just use Google anything is there I believe.
your only show that you are independent and you can learn things on your own which is good because you are not lazy and you dont spoon feed your self . whats more better is that you are free from getting tricked/scammed because scamers and thieves tend to victimized newbies because they provide guides and other promising words to make you follow them . also complicated things are i think more searchable on google because google can show you many results while here , this is only a one site but other users here do also use google to help you out .
At the end, those newbies keep on cursing the cryptocurrency markets only because of few scammers. So to make our own research and use google as our teacher would be a best suggestion for now in order to minimize your risk and maximize the profits. Even if you move onto direct trading than you can find a number of good dips and peaks which would give you instant profit. Try to follow such smaller movements which would make you gain some experience and then you can move onto more professional ways of trading.
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