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Topic: Newbie should trade or not? Please give me idea. - page 21. (Read 3589 times)

member
Activity: 406
Merit: 11
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue


Okay, first you have to learn everything about trading technique like as supply demand or support resistance, average price, trend in several day, last month and charts market.
After that you have to learn about money management to choose the way like you want to be a day trader or a long term trader.
The last one you must learning every day and reading news in the several country, maybe bad news or good news.
Remember, every business has a risks so don't afraid to lose but manage your losing.
member
Activity: 210
Merit: 10
Put your trading skills to the test with any free services. Compete with thousands of Investopedia traders and trade your way to the top! Submit trades in a virtual environment before you start risking your own capital. After this you can understand to go further or stop it.
full member
Activity: 448
Merit: 101
As long as you can afford to invest, you are allowed to trade but if you are new in trading. It's better to learn first before doing any moves. Research about the coins and learn the movement of markets.
I will suggest you not to go for trading in the early stages of your life in the world of crypto currency. Instead of doing that, you need to focus on learning more and more things and gaining of more experience. If you managed to get enough skillset, then it will not be that much difficult thing for you to get into trading. You first need to learn and then take such kind of step. Only then you will be able to have your desired results.
sr. member
Activity: 958
Merit: 265
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

Ofcourse you should trade but with just small amount first, You will not learn basics on trading if you would not try to trade the basic things to do when starting on trading on crypto are:
1. Learn the basics of reading candlesticks.
2. Read blogs about basic trading of altcoins and bitcoins.
3. Research about crypto projects of coins you want to trade.
4. Control your emotions don't be to greed, Greediness are turning to losses.
sr. member
Activity: 524
Merit: 258
Everyone is welcome to engage in trading since there are no any requirements or qualifications that needed in order to joined.
As a newbie in this particular industry, you need to study and learned a lot in order to survive and provide a wise decision in every transactions.
full member
Activity: 266
Merit: 114
Right now the market is a bit down and the cryptocurrencies you have are not upto their full potential and they'll definitely rise in the coming future. So it's better to hold them and wait for a pump and then if you wish you can trade it in ICOs rather than investing in some another coin. Because ICO price is 30% less than the original price, so you get fast profit, if you're up for that.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

my advice you should join in some bounty campaign before starting trading, you can not start it because trading requires expertise, you can also raise capital from following some bounty

Yes, he/she can join a bounty campaign but the last time I checked no bounty campaign is accepting newbie. Besides,  joining a bounty or not, a newbie can still trade bitcoin and altcoin if he or she have the capital to proceed but I will the. OP to first read, learn and ask question about how crypto currency work.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
To trade to the beginner it is big risk. Of course it isnt hopeless, but it is necessary to prepare for it. It is necessary to study cryptocurrency, laws of the market, news, to be able to understand and foretell what can influence the price, after that it is worth beginning trade
jr. member
Activity: 166
Merit: 4
as a starter i will advice you to learn how the market move before you can trade because their is some certain things you should know about the trade so if you don't know them it will be very difficult for to trade just learn first and read some materiel.   
sr. member
Activity: 604
Merit: 250
Steadily not for now, until you are self confident after a lots of deep research for better ones that can be started with, bearing in mind not to bite more than what you can chew. The supported Idea of holding is also more preferred to the later.
newbie
Activity: 25
Merit: 7
Train first, get a demo account to test your strategy. Its The best way of get started.
jr. member
Activity: 43
Merit: 1
While you are still learning it's better to buy more potential major top 10 coins and hold. When the times come that you are ready to trade then you can play the game. Give time to learn, read and read a lot. You will fail along the road but don't give up, keep moving and learn your mistake. Goodluck and happy trading.
full member
Activity: 448
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
If you don't start, you will be a newbie forever! To learn from book is good, but to learn to trade is like to learn riding a bike: until you try - and you accept the falls - you won't learn.
Of course, if you do it under the guidance of an expert, falls are less painful... :-)
Good luck!

Everyone started from scratch so even if you're just a newbie you can still start to trade.  Who the hell would think that newbies doesn't have the right to trade?  Lol how can you learn if you don't act.  It takes some guts to risk money for trading.
member
Activity: 879
Merit: 10
Sovryn - Brings DeFi to Bitcoin
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue

my advice you should join in some bounty campaign before starting trading, you can not start it because trading requires expertise, you can also raise capital from following some bounty
full member
Activity: 448
Merit: 102
Hello every body.I am a Newbie. I joined Crytopia about two months ago. I hold CMT and TRX in the Binance and now i want to trade with some coin about: ADA,ETC,... Please help me give some idea i should trade or not? Thank lots of for all.  Tongue Tongue Tongue


As a newbie you should better learn as much as you can about the market. Trading is a very serious business to start it without this knowledge.
I would also like to suggest going for altcoins trading first because that can be very handy in picking up the important factors and strategies of trading. Without facing a great loss, a person can learn a lot about the nature of digital currencies and how to deal with different situations. But for real earnings, bitcoin trading is the right choice. After all crypto world is full of surprises or you can say fluctuations. There will be times when things will go against expectations. Patience and trust would be a help during that.
newbie
Activity: 44
Merit: 0
No one can give you a satisfactory answer it depends upon you thats your money and I think you are new you will be much excited every time you see some coin going up and up.So if you think you have enough knowledge of trading start it first with small amount of money that will
help you to understand the fluctuations of market and obviously in start you will do mistakes so learn from them and after getting enough experience of market put your all funds that you have allocated for trading.But keep in mind invest as much as you can afford to lose.

member
Activity: 328
Merit: 39
If you don't start, you will be a newbie forever! To learn from book is good, but to learn to trade is like to learn riding a bike: until you try - and you accept the falls - you won't learn.
Of course, if you do it under the guidance of an expert, falls are less painful... :-)
Good luck!
sr. member
Activity: 590
Merit: 258
If you are a newbie, of course you can start in trading but you need some guidance in order to avoid wrong decisions that may lead to loss.
full member
Activity: 336
Merit: 107
Sometimes, newbie also have a good skill in technique of how to trade because not all of them is unskill in trading. Nonetheless, we most suggest newbie not to trading but only holding because it is the way safer and easier. But if you feel that you are skill trader then try first with small amount so that you will not lost a big amount if the value of the token that you trade will be decrease.
newbie
Activity: 238
Merit: 0
 40$ a day? It depends on how much your inventory is. For a balance of more than  2,000 $ is reasonable.
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