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Topic: Practice trading - page 22. (Read 9528 times)

legendary
Activity: 1526
Merit: 1001
August 02, 2017, 05:09:29 PM
#70
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.
I certainly agree to that, I think try to read some article that related to the bitcoin trading or any kind of trading. In addition to that, try to talk to the people who expert in trading because it will help you to become a wise trader. Lastly, I believe that trading will help you to become millionaire or billionaire in the near future.
I support your prediction. Bitcoins are definitely going to produce numerous rich people in the near future. Yeah, in order to learn trading efficiently, it is wise to learn it from YouTube. YouTube tutorials are worth watching. Besides reading related articles and news, practicing trading on demo accounts is great option.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
August 02, 2017, 12:50:23 PM
#69
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

The solution will be to read and study and practice and ask from reliable people who have extensive experiences already. That's what I am doing right now actually. Perhaps, you may start from choosing your best trading platform. Bittrex is the most famous as there are so many coins there. Try creating a bittrex.com account and explore and familiarize the buttons there.
I certainly agree to that, I think try to read some article that related to the bitcoin trading or any kind of trading. In addition to that, try to talk to the people who expert in trading because it will help you to become a wise trader. Lastly, I believe that trading will help you to become millionaire or billionaire in the near future.
sr. member
Activity: 252
Merit: 250
August 02, 2017, 12:26:08 PM
#68
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?


  What kind of problems you are experiencing in trading, the problem is less specific, please be clear what you mean
full member
Activity: 854
Merit: 140
August 02, 2017, 10:35:23 AM
#67
If you're talking about practicing, then you should really do that, invest some money and start trading and gain some experience.
The best way to practice your emotion and knowledge in trading is to gain experience from real trading account, i'm not suggesting demo account in some platform is not good, but it isnt going to make you received any emotional knowledges.

Try to gain some knowledge and fundamental news about the coins or currency you trading, though it will help you when you're holding your position  Grin
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
August 02, 2017, 09:14:23 AM
#66
   Create account, invest couple dollars, practice trading! This is far better for learning than paper trading or fantasy trading. You can have fun learning
to trade altcoins with free bitcoin you can earn online, or with investment capital that you are not afraid to lose. This sounds almost like a risk free
learning, cause even if you lose your money, and that is hard to happen cause you can always sell and save some part of your investment, its not
a fortune.
   My advice is actually how I plan to get into trading, for now I have so many wishes with bitcoin and I can not have it all. For me most important is to
choose right site for making trades, I am not sure which one.
full member
Activity: 434
Merit: 100
August 02, 2017, 09:03:21 AM
#65
Try to ask reliable people, i mean those people here that are already veteran in trading. Mostly are hero rank's, also try to watch video's related to crypto currency on youtube. You can also read e books that are free to download on google and the first thing to do is earn bitcoins through working on a ongoing campaign.
legendary
Activity: 1428
Merit: 1000
August 02, 2017, 08:58:52 AM
#64
Actually to make trading very easy, that is when the cheap price to buy when the price began to rise. But it is certainly not enough, you must be good at analyzing the coin you will trade, you can analyze through chandelstick market.
Agree with you.before buy a coin you need to do a lot of research about the coin. dont believe anyone,because all of people want to pump their coin.just study about the coin, then buy coin that is good and has real life uses.never buy any shit coin that has no future.
Right If a person don't have any information about a coin so he don't need to buy it because when he buy a coin without any information and without study it, I think there has no doubt that he get loss.
Yes some big investors will misuse newbies to invest in shit coins, and they will make money. This is common in altcoin trading. So before buying any coin do some research, or if you have any doubts you can ask in this forum you will get enough information to start your trading. After that invest money. First, you will lose some money but don't get panic losing is the step up success.
full member
Activity: 336
Merit: 100
August 02, 2017, 08:01:17 AM
#63
I used https://www.plus500.com.au in demo mode when i was completely new to trading. With real money the spread and fees are pretty high, well, atleast in the beginning. You can use leverage upto 1:300 and they have like 6 different cryptocurrencies at the moment. But it is a pretty good place to start.
sr. member
Activity: 994
Merit: 252
August 02, 2017, 07:58:09 AM
#62
Actually to make trading very easy, that is when the cheap price to buy when the price began to rise. But it is certainly not enough, you must be good at analyzing the coin you will trade, you can analyze through chandelstick market.
Agree with you.before buy a coin you need to do a lot of research about the coin. dont believe anyone,because all of people want to pump their coin.just study about the coin, then buy coin that is good and has real life uses.never buy any shit coin that has no future.
Right If a person don't have any information about a coin so he don't need to buy it because when he buy a coin without any information and without study it, I think there has no doubt that he get loss.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
August 02, 2017, 07:57:36 AM
#61
Hi, there are some trading sites that offers demo trading. So you could practice trading against the true crypto currencies economic prices. Or you could trade for as low as 0.0005. I think this is the minimum for some trading sites.

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Demo trading is a really great thing for you to practice since you are just a total newbie so that you would able to get the fundamentals or basics on trading which at the same time you do learn.Trading cant really be learn on a short period of time thats why you would really need patience and time for you to be able to get the right idea on executing trades and if you do have questions you can always ask on this forum or even simply search on google.
newbie
Activity: 40
Merit: 0
August 02, 2017, 07:28:07 AM
#60
If you are a total newb in trading, your first concern should be learning the basics.
For that you shloud read books about the subject, some videos on youtube are also very interesting.
Trading is something you do by analysing and thinking for yourself, but it doesn't mean you can't have some sort of guide and can't join a community.
To have that can help you greatly.
Also never forget that trading is 20% knowledge and skills, and 80% personnality, your mental and wisdom.
Getting to understand charts and being good at paper trade is just the beginning. People tend to neglect themselves when trading.
sr. member
Activity: 952
Merit: 250
August 02, 2017, 06:15:12 AM
#59
Hi, there are some trading sites that offers demo trading. So you could practice trading against the true crypto currencies economic prices. Or you could trade for as low as 0.0005. I think this is the minimum for some trading sites.

Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
Zrs
sr. member
Activity: 299
Merit: 250
August 02, 2017, 05:04:23 AM
#58
Actually to make trading very easy, that is when the cheap price to buy when the price began to rise. But it is certainly not enough, you must be good at analyzing the coin you will trade, you can analyze through chandelstick market.
Agree with you.before buy a coin you need to do a lot of research about the coin. dont believe anyone,because all of people want to pump their coin.just study about the coin, then buy coin that is good and has real life uses.never buy any shit coin that has no future.
Zrs
sr. member
Activity: 299
Merit: 250
July 31, 2017, 03:41:23 AM
#57
There are many free material and tutorials on this online you can just Google. https://reddit.com/r/bitcoin is also a best place for you to have some news information on fundamental issue affecting coins price. Another such of learning place for you is exchangers trading platform such as https://poloniex.com https://c-cex.com etc. Trading is easy if you can spend time practising before investing your real money.
Agreed with you.
Actually Google is the best place for learning anything.You can easily withing 30 second get thousand of news or article at once.First try to know trade, then make free practice(in my previous post i gave you a link).after that id you feel that your are now fine for trade then deposit BTC and start trade.remember, for trade you need patients, without patients you can earn profit.
full member
Activity: 448
Merit: 100
Lets Go Adab
July 31, 2017, 03:08:55 AM
#56
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?

First thing to do is research about coins. Not just bitcoins, there's alot of coins with different value's. That's the first thing to know. Second is look for the best wallet that can hold your bitcoins, you can also research about that. Next thing is look for a way to earn bitcoins consistently. The easiest way is through joining campaigns so you can earn much. My suggestion is do not spend all your coins in trading, spend only your excess coins. Because your just starting and there's of alot analyzation before you can do it correctly.
sr. member
Activity: 308
Merit: 250
July 31, 2017, 02:56:23 AM
#55
Actually to make trading very easy, that is when the cheap price to buy when the price began to rise. But it is certainly not enough, you must be good at analyzing the coin you will trade, you can analyze through chandelstick market.
sr. member
Activity: 882
Merit: 269
July 31, 2017, 02:53:25 AM
#54
There are many free material and tutorials on this online you can just Google. https://reddit.com/r/bitcoin is also a best place for you to have some news information on fundamental issue affecting coins price. Another such of learning place for you is exchangers trading platform such as https://poloniex.com https://c-cex.com etc. Trading is easy if you can spend time practising before investing your real money.
hero member
Activity: 714
Merit: 500
July 31, 2017, 02:45:44 AM
#53
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
First you should read websites which gives details about crypto currencies and should know which coins are the older and newer coins.Then you should read the ANN thread of coin of your interest and find who are its investors,its market cap,road map and by this way,you will be able to trace the most under valued coin.Then try to learn how to read various price charts given in exchanges so that you would be able to know the previous price movements of that coin.Then start trading by investing a very low amount of even 0.01 btc and buy an altcoin and start trading.Fix your own profit range of 5 or 10 %so that you could trade safely.Don't ever panic.Don't ever follow the market blindly.After gaining prior experience,continue trading with a big amount.
legendary
Activity: 1666
Merit: 1001
July 31, 2017, 02:06:08 AM
#52
This few weeks is not a good time to start trading because a lot of traders now is holding back to observe the situation because of BTC forking, but when the situation already stable, I suggest who want to start trading start with a small amount and trade the coin that already famous like top ten coin in coinmarketcap and then you need to learn what is causing the price to go up and go down, when you gained more experience you will be able to make more profit
member
Activity: 217
Merit: 10
July 31, 2017, 12:19:22 AM
#51
Hello im newbie and i dont have any experience as a trader.Can you discuss some solutions for my problem?
The only solution in your problem is action , Taking action to do some researching around the internet and watching some trading guidelines in the youtube channel or any kind of sources in trading with the help of the internet, No one can help you if youu don't make a start in your ownself.
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