Newbie trader - page 12. | Bitcointalksearch.org

malibogako2018

newbie

Activity: 94

Merit: 0

Quote from: cruelmes on July 22, 2018, 03:26:19 PM

what needed to start trading guys , and can you please give some trick tips , advice

Trading is the good one to gain profits but trading is not easy cause its hard to find a good coin that could give us good profit, before trading I advice you to study first the fundamentals of trading cause if you're lack of knowledge in trading you will have a big chance to lose huge money but if you well known in trading you can less the risk. always read strategy here in forum by some well-experienced crypto traders and you can watch tutorials on YouTube also look for legit exchanges like binance and kucoin this both exchanges is good to start in trading due of their platform environment is not complicated to trade.

Angela28

newbie

Activity: 168

Merit: 0

hello newbie
I am sure that you are new to the forum as well as you are new to invest in digital domain, you can learn from the previous ones as well as you can find the experience for the transfer. Translate

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: cruelmes on July 22, 2018, 03:26:19 PM

what needed to start trading guys , and can you please give some trick tips , advice

The only people that keep trading this market and make good returned are the professionals and Skillful's traders. Never invest into cryptocurrencies without having adequate knowledge on how cryptocurrencies market work. It is dangerous to put in money into trading and the risky is very high for newbies. Therefore don't invest into cryptocurrencies if you are not a professional.

billygarrison

newbie

Activity: 112

Merit: 0

I am just a beginner and want to give a little science about trading,
first use the money ready to disappear and do not use kitchen money,
second use news about bitcoin development in social media like twitter facebook and others to predict bitcoin price and after that may be ready to trade

cruelmes

newbie

Activity: 56

Merit: 0

Thank you

trecore4

sr. member

Activity: 658

Merit: 260

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Quote from: cruelmes on July 22, 2018, 03:26:19 PM

what needed to start trading guys , and can you please give some trick tips , advice

You will need to know different platforms first so that you can work with them for making your trades. For example, Binance, Huobi, Bitfinex, KuCoin, etc these are the big names currently in the industry which can really benefit you from their heavy volumes. This part yo will understand later on when you start your first trades. In trading it is also important to know that which coin is best choice. There are many choices, some coins may benefit you with the swing trading method, some will be ideal for short term while others for long term. Basically you can study this once you see the listing in CMC and keep up your reproach over lot of coins and their behaviour.

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: itscomplicated on July 23, 2018, 01:59:55 AM

Study the following ,
Resistance and Support
Chart formations and patters (Cup&Handle, Double bottom, etc.)
Candlestick Reading
Chart Indicators

Thank you , any recommendations site for this??

ice18

hero member

Activity: 2492

Merit: 542

You need some skills and knowledge what is bitcoin trading and how risky to involve in this kind of market there are some youtubers who are teaching tutorials to beginners in youtube just watched and understand to be able to learn step by step or if you want why not buy trading software for you they can trade for you even youre sleeping.

jrrsparkles

sr. member

Activity: 2436

Merit: 272

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Quote from: cruelmes on July 23, 2018, 02:48:33 AM

Quote from: Cryptokarl on July 23, 2018, 01:56:35 AM

welcome to Cryptocurrency. The first thing you need to do is to get the basic knowledge and all you need to do to be a successful trader. Their are long term and short term forms of trading. You need to identify the strategy you want to follow. You need to get a mentor as well if you wish to day trade as well. You need to be able to read the charts precisely so as to know when to enter trade and when not to enter trade when day trading.

Thanks

Get the experience first in this field before investing more money,you can just start the trading as a trial run with small amount because the experience is the best teacher than any other learning.But I want to say something if you don't want to spend much time in trading or you just need to earn money in long term then trading is not for you,you can just invest on long terms.

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: Cryptokarl on July 23, 2018, 01:56:35 AM

welcome to Cryptocurrency. The first thing you need to do is to get the basic knowledge and all you need to do to be a successful trader. Their are long term and short term forms of trading. You need to identify the strategy you want to follow. You need to get a mentor as well if you wish to day trade as well. You need to be able to read the charts precisely so as to know when to enter trade and when not to enter trade when day trading.

Thanks

itscomplicated

newbie

Activity: 84

Merit: 0

Study the following ,
Resistance and Support
Chart formations and patters (Cup&Handle, Double bottom, etc.)
Candlestick Reading
Chart Indicators

Cryptokarl

newbie

Activity: 154

Merit: 0

welcome to Cryptocurrency. The first thing you need to do is to get the basic knowledge and all you need to do to be a successful trader. Their are long term and short term forms of trading. You need to identify the strategy you want to follow. You need to get a mentor as well if you wish to day trade as well. You need to be able to read the charts precisely so as to know when to enter trade and when not to enter trade when day trading.

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: ncn1992vn on July 23, 2018, 12:42:37 AM

Start with less assets, depending on your individual income
Track news, charts and general market
Given the identification of individuals and compared it with other famous people
And Keep a Calm Cool Head

Thanks

ncn1992vn

newbie

Activity: 280

Merit: 0

Start with less assets, depending on your individual income
Track news, charts and general market
Given the identification of individuals and compared it with other famous people
And Keep a Calm Cool Head

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: pooya87 on July 23, 2018, 12:24:22 AM

Quote from: cruelmes on July 23, 2018, 12:12:29 AM

Quote from: newinbtc on July 22, 2018, 11:52:16 PM

If you are just new to crypto , First learn What is Butcoin And How it works.

- Use An Exchnage for Trading Select best one as per fees
- Place an order in exchnage in Limit order Not on markwt rate to gain more profit
- Select you want to Earn for long term or short term investment
- Remember Crypto market is 24/7 Hours.. You can not Watch always
- You Aim must be Buy Low Sell High
- Keep away from Pump and dumps.. Avoid biying such coins
- Learn technical Graph analysis
- Hold some coins , Trade Some coins and Sell some

Hope you understand all points

I confuse about " keep away from pump and dumps " point

he is basically telling you not to trade any of the altcoins because they are all pump and dumps schemes but he thinks only some of them are!
when it comes to trading altcoins these days people don't seem to agree about strategies. many of them these days say you should hold on to altcoins and have "patience" because they will go up, i say it is foolish to do so because they have no real potential of growth. you need to hang out in the market and analyze things for yourself and try to look at long term charts and see the rise and falls and focus on how long each cycle lasted. then you can form your own opinion.

Thanks, what market that good for newbie like me..

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: cruelmes on July 23, 2018, 12:12:29 AM

Quote from: newinbtc on July 22, 2018, 11:52:16 PM

If you are just new to crypto , First learn What is Butcoin And How it works.

- Use An Exchnage for Trading Select best one as per fees
- Place an order in exchnage in Limit order Not on markwt rate to gain more profit
- Select you want to Earn for long term or short term investment
- Remember Crypto market is 24/7 Hours.. You can not Watch always
- You Aim must be Buy Low Sell High
- Keep away from Pump and dumps.. Avoid biying such coins
- Learn technical Graph analysis
- Hold some coins , Trade Some coins and Sell some

Hope you understand all points

I confuse about " keep away from pump and dumps " point

he is basically telling you not to trade any of the altcoins because they are all pump and dumps schemes but he thinks only some of them are!
when it comes to trading altcoins these days people don't seem to agree about strategies. many of them these days say you should hold on to altcoins and have "patience" because they will go up, i say it is foolish to do so because they have no real potential of growth. you need to hang out in the market and analyze things for yourself and try to look at long term charts and see the rise and falls and focus on how long each cycle lasted. then you can form your own opinion.

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: alibaba93 on July 22, 2018, 06:42:39 PM

Quote from: cruelmes on July 22, 2018, 03:26:19 PM

what needed to start trading guys , and can you please give some trick tips , advice

I think if you are a newcomer to the crypto market then I think you should not trade at this point, you can see that the market is fluctuating continuously and bitcoin prices are starting to fall sharply. For the past few days, I think the bitcoin price will probably drop to $ 7100 - $ 7200 so you should be patient and wait for that bitcoin.

So when is the good time to start.. And how much dollar that needed according to you

cruelmes

newbie

Activity: 56

Merit: 0

Quote from: newinbtc on July 22, 2018, 11:52:16 PM

If you are just new to crypto , First learn What is Butcoin And How it works.

- Use An Exchnage for Trading Select best one as per fees
- Place an order in exchnage in Limit order Not on markwt rate to gain more profit
- Select you want to Earn for long term or short term investment
- Remember Crypto market is 24/7 Hours.. You can not Watch always
- You Aim must be Buy Low Sell High
- Keep away from Pump and dumps.. Avoid biying such coins
- Learn technical Graph analysis
- Hold some coins , Trade Some coins and Sell some

Hope you understand all points

I confuse about " keep away from pump and dumps " point

perilynroto

newbie

Activity: 1

Merit: 0

guys help me what needed to start trading guys , and can you please give some trick tips , advice thank you so much

newinbtc

legendary

Activity: 1190

Merit: 1001

If you are just new to crypto , First learn What is Butcoin And How it works.

- Use An Exchnage for Trading Select best one as per fees
- Place an order in exchnage in Limit order Not on markwt rate to gain more profit
- Select you want to Earn for long term or short term investment
- Remember Crypto market is 24/7 Hours.. You can not Watch always
- You Aim must be Buy Low Sell High
- Keep away from Pump and dumps.. Avoid biying such coins
- Learn technical Graph analysis
- Hold some coins , Trade Some coins and Sell some

Hope you understand all points

Topic: Newbie trader - page 12. (Read 2505 times)