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Topic: Newbie in trading cryptocurrency and forex - page 2. (Read 528 times)

full member
Activity: 952
Merit: 110
February 08, 2020, 08:32:21 AM
#54
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 down
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:45:08 AM
#53
I was also thinking so and that's why I conducted many researches. Basically, the most advanced and attractive solution I have found is GetHashWallet. Guys are bringing easy to use product that is arrow certified and available for sale, so everything can already be tried out. Moreover, they had crowdfunding on Indiegogo, it brings higher confidence for me too. And I definitely recommend you to have a look at their website to have a better understanding

So far for sure sounds interesting, let me also have a closer look at the solution and get back with my thoughts
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:44:49 AM
#52
Generally, yes. At least I cannot think of something more rational. But you know, talking more on hard wallets, I tried to find unique solutions several times and what I have noticed - it is not very simple to find impressing ones. They are all more or less similar

I was also thinking so and that's why I conducted many researches. Basically, the most advanced and attractive solution I have found is GetHashWallet. Guys are bringing easy to use product that is arrow certified and available for sale, so everything can already be tried out. Moreover, they had crowdfunding on Indiegogo, it brings higher confidence for me too. And I definitely recommend you to have a look at their website to have a better understanding
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:31:14 AM
#51
Interesting question. I would say that the only alternative is usage of hardware wallets. But in here, of course, you should be choosing the most advanced solutions only

Generally, yes. At least I cannot think of something more rational. But you know, talking more on hard wallets, I tried to find unique solutions several times and what I have noticed - it is not very simple to find impressing ones. They are all more or less similar
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:30:52 AM
#50
Morning there. You are absolutely right. But are there any alternatives right now? I mean is there any particular strategy you are switching to? Anything you can share here?

Interesting question. I would say that the only alternative is usage of hardware wallets. But in here, of course, you should be choosing the most advanced solutions only
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:17:35 AM
#49
Hello everyone. In my opinion, much these days depends on reliability and practical value of each concrete idea. But what makes much sense - some aspects that stay for new trends. For example, I am pretty disappointed by more attacks on leading exchanges and thus interested in new strategies here

Morning there. You are absolutely right. But are there any alternatives right now? I mean is there any particular strategy you are switching to? Anything you can share here?
newbie
Activity: 14
Merit: 0
February 08, 2020, 07:16:37 AM
#48
Hello everyone. In my opinion, much these days depends on reliability and practical value of each concrete idea. But what makes much sense - some aspects that stay for new trends. For example, I am pretty disappointed by more attacks on leading exchanges and thus interested in new strategies here
full member
Activity: 1750
Merit: 118
February 08, 2020, 02:21:10 AM
#47
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  .
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 08, 2020, 02:04:26 AM
#46
actually, in trading, especially crypto, you need to determine the exchanger where you will trade. many trusted exchangers such as binance, kucoin, huobi, and many more. Before you begin, decide where you will do it. after that, you need to determine the type of coins you will trade, such as bitcoin, ethereum, BNB, and others. It is strongly recommended to choose the top altcoin or trusted altcoin for now. after those two things are good enough, you need to minimize the risk by trading at a minimum, it's because you just started. after that, you just need to prepare yourself for all the risks that could happen. if you do, you will get used to trading, because the experience is the best teacher.
sr. member
Activity: 1498
Merit: 326
SecureShift.io | Crypto-Exchange
February 08, 2020, 01:35:45 AM
#45
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.
hero member
Activity: 1092
Merit: 501
February 07, 2020, 10:12:40 PM
#44
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 are suffering from information overload, there is so much information about trading on the Internet that you do not know what to believe, but you do not really give an example of what is the source of your confusion, so it is impossible to answer your question, however be very careful there are many scammers out there selling systems that supposedly win 99% of the time and when you actually try those systems the accuracy rate is nowhere near to what their creators claimed.
sr. member
Activity: 2016
Merit: 322
February 01, 2020, 04:13:24 AM
#43
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
What exactly do you want to do, Cryptocurrency trading or forex trading, because you mentioned the both of them? They maybe similar to each other since both involves trading of currencies, but there are still some differencesbetween the both of them.

Forex has stability unlike cryptocurrency that is volatile. The good thing about the volatility of cryptocurrency is that you can take advantage of the small differences in exchange. There’s still more differences, it’s up to you to do some research on the both of them and know which one would be better for you. There is also option trading.
member
Activity: 775
Merit: 11
January 31, 2020, 02:55:18 PM
#42
First, you need to understand in advance about trading risks, because most beginners are tempted to get big prizes from trading without having knowledge about trading. my advice you have to read a lot, study the movement of price charts, to start not using big money, do it in large exchanges & have a high volume, and it is important you always have to monitor the coins you trade so as not to lose a golden opportunity to sell.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
January 31, 2020, 02:31:58 PM
#41
there are many tutorials about trading for beginners in several sources such as Google, Youtube, Articles, etc. there you can learn that. but you need to remember in advance that trading is high risk and no one can guarantee you fully. my advice, you need to do it on your own belief. use the source as your reference material.
Trading is speculative, it requires a great deal of persistence and exertion to learn different information that will upgrade your insight. The outcomes of your trading depends on the trader itself, on how he will deal with his trading, on how he will settle on choices and activities. It just implies that everything will be pointless if the trader isn't determined. Do your own study, it will help you easily comprehend various of information. Simply analyze that it is risky and sometimes your trade won't end up great however don't let it be a hindrance on you accomplishing your specific objectives, learn and utilized your experiences as guide and it the results will be acceptable.
member
Activity: 938
Merit: 13
AMEPAY
January 31, 2020, 02:19:57 PM
#40
It is very simple, before putting on your real money trade on demo accounts for few months alongside also use google and youtube to learn basics about trading and also learn how to read charts and candles, also i would suggest you to trade on your own and do not give your funds to someone to trade.
full member
Activity: 887
Merit: 100
January 31, 2020, 02:14:34 PM
#39
For the first time you trade, I suggest you use the Binance exchange because there are many coin options to trade there and before you start, you can read some tutorials on YouTube or other sites that discuss trading. and it's important to remember for the first time that you have to use small capital so that the risk of loss isn't too great.
sr. member
Activity: 1638
Merit: 278
January 31, 2020, 02:11:32 PM
#38
Never have a doubt about whom to trust in terms of trading. The most simple answer to this from me would be "trust no-one" in terms of trading. You would need to utilize your own brain in order to gain benefits from trading. There are a lot of newbies who do join the trading markets each single day but majority of them immediately leave the markets if they face loss in their first trade itself. You would need to recover from this.

You should keep on trying no matter how hard loss you face. Always try to start with trading without actually investing your capital. You can try demo trading or paper trading which would be much beneficial for you in order to gain some experience.
full member
Activity: 910
Merit: 100
elysian.finance
January 31, 2020, 01:45:12 PM
#37
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

When it comes to trading, you need to ve calm and confident neglecting any emotional attachments to trades.

Secondly, you can check YouTube or medium for videos or blogs as regards crypto trade n forez trade.

Practice with very small $ and develop in bits, the faster u adjust, the more you know how to trade for profit

Very relevant points made here, a lot of patience is required to be a successful trader. Also, over time I realized that experience will help you become a better trader, with consistency too and steady learning to improve. It's old news to also say greed is a bad factor in trading.
a matter of greed and want to get a big profit that can indeed make us fall and cause huge losses, I myself have experienced it, when I trade and for example when I have gained 20% / 25% I do not want to sell it, because I am not satisfied with the profit, but instead the coins bought eventually go down in price and it takes a long time to raise the price again, so
that greed was my worst experience when trading.
sr. member
Activity: 1316
Merit: 254
United Crowd
January 31, 2020, 10:47:36 AM
#36
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
First of all move this thread to this board https://bitcointalk.org/index.php?board=8.0

You will get many useful knowledge there, because there are some people who just focus on trading and never try to open the altcoin board.

Also, if you just new to cryptocurrency this board https://bitcointalk.org/index.php?board=39.0 is highly recommended for you because you have to know cryptocurrency is not about currency or profit only. There are many thing especially how to avoid several things that will fall you later.
Right. the knowledge you are looking for is basic knowledge so it's better in more specialized subforums.  my advice for the first stage is to learn what is Crypto currency, after that how to get it, after that how to get profit from it
hero member
Activity: 812
Merit: 503
January 31, 2020, 09:18:35 AM
#35
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

When it comes to trading, you need to ve calm and confident neglecting any emotional attachments to trades.

Secondly, you can check YouTube or medium for videos or blogs as regards crypto trade n forez trade.

Practice with very small $ and develop in bits, the faster u adjust, the more you know how to trade for profit

Very relevant points made here, a lot of patience is required to be a successful trader. Also, over time I realized that experience will help you become a better trader, with consistency too and steady learning to improve. It's old news to also say greed is a bad factor in trading.
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