Topic: Safety first before trading - page 5. (Read 1084 times)
I just want to trade where the exchange has a high trading volume, for safety I must prioritize it being the first priority, usually I always take advantage of trading pulls it into my wallet, unless my capital leaves it on the exchange to benefit from other trades, this article is a bit helpful but not overall
I expected something new, but it turns out that this is just another click bait article.
Market capitalisation? Many of us got burned using this trading strategy, most of the low cap projects also suffer from this worsening market conditions. Stop-Loss? We have heard this many times before so I do hope that new traders learn this or at least 'experiment' how to used this one. I'm sorry but is just a rehearse of thousands of articles floating around.
Haha, today, the market capitalization and trading volumes are easy to be counterfeited by Exchanges websites. Reading the news, I'm not surprised to find a report on a fake exchange site that attracts investors to sign up and participate in the site. And stop-loss or take profit is useless when you are too greedy.Market capitalisation? Many of us got burned using this trading strategy, most of the low cap projects also suffer from this worsening market conditions. Stop-Loss? We have heard this many times before so I do hope that new traders learn this or at least 'experiment' how to used this one. I'm sorry but is just a rehearse of thousands of articles floating around.
=> Learn to control your emotions, greed and accept failures before becoming a trader.
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what actually safety means trade?
I think those are the basic tips you need to read, buddy. Basic things like market capitalization, trading volume, information, etc. are the basic things you need to know before trading, and that is what he means as Safety before trading.actually it does not guarantee whether you will benefit from trading or not. but, it is only the basis for knowing whether the coins that you are going to trade are worth trading on or not.
what actually safety means trade?
Trading calculation modified on every occasion that then follows everywhere the market news or technical issue you have got to be told initial so trade smart learning means that smart security.
Trading calculation modified on every occasion that then follows everywhere the market news or technical issue you have got to be told initial so trade smart learning means that smart security.
Loss are inevitable but we can minimize our losses. Newbies should focus on risk management, there is a saying that it is ok to loss small but to lose big is not ok. Mistakes are good thing but make sure that we can a knowledge from it. In trading your first objective is not to multiply it, your objective should be how are you going to protect it in order for you to able to grow it.
Risk management is multilevel and does not pegged to newbie or pro. The higher the level of risk, experience in managing risks will increase, also the profit will be higher. Maybe this is what distinguishes a newbie or a pro, but even a professional must learn and be careful.
There's a lot of topics,news,trading and more that related with scam or hack still i think if your knowledgeable about where you risk then you will not experience like that so i recommend to study or search before doing trading here in crypto world then there's a lot of ways to avoid that like save or hold your btc,alts,tokens in your trusted wallets,Moreover read the news below because you can learn a lot by this like how to trade safely
https://cointelegraph.com/news/4-things-you-must-know-before-trading-bitcoin-and-cryptocurrency/amp
https://cointelegraph.com/news/4-things-you-must-know-before-trading-bitcoin-and-cryptocurrency/amp
5. Don't be greedy.
Don't get tricked by any investation's ads that offer so much profits in a short time, it might be a ponzi scheme and if you're not lucky enough you will lost all your investment. So we better to learn step by step the trading fundamentals and get experienced in trading.
When it comes to money you must consider many things before you send it out, yes there are so many scammers in this market and yet a lot of people still fall on this one. If you want to become a trading then learn not just to buy and sell, learn to timing the market and win on this field. Knowledge in trading is important, don't skip this process or else you will fail and your money will be gone and also scammers can get your money if you trade with a wrong coin.
I think somewhere before doing business his safety needs to be fixed Because starting a business without picking it up is very risky for all of us. Before doing business you need to be aware of the market you are trading in and if you are safe in the transaction the person who does the transaction will also not trade with any new services. Also, it can trade with crypto it is very reliable.
The best weapon that we can wear before we enter trading is the knowledge about it and dealing with its risks. As for me, we have to look for a legit coin and it's trust rate before trading. Trading with top coins would be an advantage. Choosing a trusted exchange is also necessary. Dealing with every market situation and applying the basic strategy which is to buy low and sell high is also a good point. Trading is a long process of learning and we can discover a lot of things along the journey.
I think every coin in coinmarket can be trusted for the sake of trading; not necessarily for holding if I'm not mistaken. On the other hand, I agree with your statement that we must trade well known coin if we wanted to protect ourselves because some altcoins in coinmarketcap are devaluing gradually.Safety is necessary not only in trading, but in our daily lives. But in terms of trading, it is the one who will keep you safe from scams and losses. Taking care of your safety is very important for a trader because it can lead you to lose all your money in just a second.
Always check the addresses and your wallet for you to avoid sending money to wrong address. Also inform your friends about the safety that you learned for them to also keep their accounts away from errors.
The best weapon that we can wear before we enter trading is the knowledge about it and dealing with its risks. As for me, we have to look for a legit coin and it's trust rate before trading. Trading with top coins would be an advantage. Choosing a trusted exchange is also necessary. Dealing with every market situation and applying the basic strategy which is to buy low and sell high is also a good point. Trading is a long process of learning and we can discover a lot of things along the journey.
I think every coin in coinmarket can be trusted for the sake of trading; not necessarily for holding if I'm not mistaken. On the other hand, I agree with your statement that we must trade well known coin if we wanted to protect ourselves because some altcoins in coinmarketcap are devaluing gradually. 
Stop-loss is one of the most important thing to know. I've seen quite of beginner traders that jumped in to trade their money without setting their stop-loss first.
They bought at x price and put a sell order at xx ( a higher price), then they leave it while believing that the price will rise and when their order is filled, they will have the profit as what they've imagined. Without minding the risk if the price goes below that point. And all you get is losses.
Well, and other things from that article is pretty much a must know beforehand especially for beginners. But it's also a good reminder for traders that already has some experiences, to always remember them.
They bought at x price and put a sell order at xx ( a higher price), then they leave it while believing that the price will rise and when their order is filled, they will have the profit as what they've imagined. Without minding the risk if the price goes below that point. And all you get is losses.
Well, and other things from that article is pretty much a must know beforehand especially for beginners. But it's also a good reminder for traders that already has some experiences, to always remember them.
The best weapon that we can wear before we enter trading is the knowledge about it and dealing with its risks. As for me, we have to look for a legit coin and it's trust rate before trading. Trading with top coins would be an advantage. Choosing a trusted exchange is also necessary. Dealing with every market situation and applying the basic strategy which is to buy low and sell high is also a good point. Trading is a long process of learning and we can discover a lot of things along the journey.
One of the problems of the traders today is if they know the basics in trading they going to need to wage all of the money they have because they know this is all about risking money to have profit, and that was wrong we are aiming for profit and play safe our money we do not want to waste all of our hard work's and just gone in a wrong trade be careful on that, even the professional traders that have much experience always think about the action because they do, one of the concepts of trading today is earning a substantial profit, trading is all about exchange of currency and winning trades. It would be a bonus if you got a little amount of profit. In trading, you need to look what coin is fit to your wants because sometimes we want to have a secure trading and get an easy money, but we choose bitcoin, bitcoin is a volatile currency too, but it takes time to earn huge amount of money this kind of method is short term that is good for altcoins. Even you are knowledgeable in trading, always research to be more updated on what is happening on the currencies.
The best weapon that we can wear before we enter trading is the knowledge about it and dealing with its risks. As for me, we have to look for a legit coin and it's trust rate before trading. Trading with top coins would be an advantage. Choosing a trusted exchange is also necessary. Dealing with every market situation and applying the basic strategy which is to buy low and sell high is also a good point. Trading is a long process of learning and we can discover a lot of things along the journey.
Actually, there's nothing new presented on the article. Those are generic things to consider in trading. But if you will immerse yourself in a particular coin for trading, there are a lot more to consider and it varies from one coin to another. In other words, you should not blindly go to trading without any weapon on hand at the very least.
Well, the article is a general guide for beginners entering the BTC or crypto market. Plus, I doubt anyone would actually not know WHERE they should enter or what market they want to enter since that is one of the prerequisites as a beginner trader to determine first. But really, I was kinda disappointed the article didn't include that losses are unavoidable. Like, accepting them first hand before entering trading is a must, since the more you deny or the more you try avoiding them, the fewer profits you could actually gain later on. 
Actually, there's nothing new presented on the article. Those are generic things to consider in trading. But if you will immerse yourself in a particular coin for trading, there are a lot more to consider and it varies from one coin to another. In other words, you should not blindly go to trading without any weapon on hand at the very least.
Well, the article is a general guide for beginners entering the BTC or crypto market. Plus, I doubt anyone would actually not know WHERE they should enter or what market they want to enter since that is one of the prerequisites as a beginner trader to determine first. But really, I was kinda disappointed the article didn't include that losses are unavoidable. Like, accepting them first hand before entering trading is a must, since the more you deny or the more you try avoiding them, the fewer profits you could actually gain later on. 
I expected something new, but it turns out that this is just another click bait article.
Market capitalisation? Many of us got burned using this trading strategy, most of the low cap projects also suffer from this worsening market conditions. Stop-Loss? We have heard this many times before so I do hope that new traders learn this or at least 'experiment' how to used this one. I'm sorry but is just a rehearse of thousands of articles floating around.
Market capitalisation? Many of us got burned using this trading strategy, most of the low cap projects also suffer from this worsening market conditions. Stop-Loss? We have heard this many times before so I do hope that new traders learn this or at least 'experiment' how to used this one. I'm sorry but is just a rehearse of thousands of articles floating around.
Actually, there's nothing new presented on the article. Those are generic things to consider in trading. But if you will immerse yourself in a particular coin for trading, there are a lot more to consider and it varies from one coin to another. In other words, you should not blindly go to trading without any weapon on hand at the very least.
Stop-loss is really helpful but some exchanges do not have that feature and you need to manually monitor and sell or cancel your orders, the solution is simple to leave that exchange and transfer to a decent exchange having that feature with good volume but the problem is not all coins are available in all exchanges. This is a common mistake of a trader, not setting a stop loss, back on 2017 I guess I sell a coin in 50% loss a very bad mistake and will not do it again. 
We do study a lot before deciding to do a real time trades, right? But not every traders know about Market Capitalization. For newbies, we have to take a look at coin's Market Cap. It indicates and represents the size of the company and how well the coin is doing with the market.
For some instances, stop loss should never ignore to execute in every trades as it will help our trading to lessen the possible huge loss and save us up from sudden changes or sideways.
For some instances, stop loss should never ignore to execute in every trades as it will help our trading to lessen the possible huge loss and save us up from sudden changes or sideways.
Even if you're dealing with trading seriously, taking all sorts of steps before reaching up your goals, you can't prevent those challenges in trading. Everything will be more stressful and crucial, for everybody. That's the essence of doing cryptocurrency trading, and all of us knows how risky it was. All of those is worth rewarding, as you particularly ensure the safety of our funds and of course you should only do trading when you needed; avoid storing funds at exchange sites in order to avoid being compromised.
We do study a lot before deciding to do a real time trades, right? But not every traders know about Market Capitalization. For newbies, we have to take a look at coin's Market Cap. It indicates and represents the size of the company and how well the coin is doing with the market.
For some instances, stop loss should never ignore to execute in every trades as it will help our trading to lessen the possible huge loss and save us up from sudden changes or sideways.
For some instances, stop loss should never ignore to execute in every trades as it will help our trading to lessen the possible huge loss and save us up from sudden changes or sideways.
Well, safety tips mentioned in that article are the common advice we see or read on many other articles and every trader should know it. I don't recommend storing your coin/token to an exchange, I only transfer them to it if I'm ready to trade/sell it. We must knowledgeable indeed in keeping our assets, use trusted and legitimate third-party apps and websites only, always check that you are visiting the official sites and avoid phishing links.
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