Topic: Should I trade coin at the beginning ? (Read 317 times)
This decision should be taken by you. However, as a newbie (I'm newbie too), I just want to say look for a good coin that is raising in price. Buy it and sell it at a little higher price. Probably 2/3 days later. Do the same for few weeks, you will get used to and understand the theory.
I think you will hear from many on here that newb's should just slowly accumulate the top cryptos by marketcap. They are essentially the safest with less risk.
If you have never traded in the conventional stock market before, crypto's is not a good place to learn as you can get wiped out really fast due to the extreme volatile nature of these assets.
If you have never traded in the conventional stock market before, crypto's is not a good place to learn as you can get wiped out really fast due to the extreme volatile nature of these assets.
agree. accumulation first at the start and study how the market moves and works. engaging in trading right away might leave you in a hurtful place. also, do more readings. basically your stage is a stage of observation and doing one step at a time.
I'm new to the Cryptocurrency.
Should I trade coin ?
If your newbie to cryptocurrency, do not do it because you should first study more how crypto system flow. It's not a matter of time in doing it but if you have spare time to do it then it is good for you. But for now, read some more to gain some knowledge about it then if you already have the basic then it is up to you to trade in. Should I trade coin ?
Please don't do that.You need to read some articles and do some research first. We all know that trading is a huge gamble, without any knowledge on what its all about, you are putting your money at risk. If you have enough knowledge, this will help you know where you can invest your money, knowledge in trading can minimize the risk of losing money. Also, you can try trading now and your experience will teach you how to decide properly in trading. You will lose some money but you will learn from your mistakes.
I think you should stay away from it , it is really easy to lose your money. A lot of people try it and quit it once they make their money back . But if you really want to try you should do some good research in the trading section on the froum.
I'm new to the Cryptocurrency.
Should I trade coin ?
You are the newbie on cryptocurrency so it's not the best time start trading.Trading is an important parts of crypto world so the first try know about trading.If you start trading must be know about ico .coin and market and exchanger their service.I think You will get enough to trading so first try learning trade and crypto market and exchager and than started demo trading Should I trade coin ?
I think you should take time and read discussions here first. so you would know what to do wether to do.
Yeah, don't dive if you don't know how deep is the water. Research first and don't be in hurry.
When i started investing in cryptocurrency, i had NO CLUE what i was doing.
I didn't know how to deposit money and transform it into cryptocurrency.
I had no clue how exchanges worked or how verification worked.
I had no clue how wallets worked or how a blockchain actually worked.
I didn't know about tokens and about different cryptocurrency types.
I didn't know about ICO's.
I didn't know about airdrops and bounties.
After 2 months, i am much more comfortable with all these principles, but it is really hard to figure it out at first and navigate through all these principles; you figure it out eventually.
You have to start with a small amount with which you are comfortable and figure out how everything works... you might lose 20$, 50$ figuring out how things work, but if you mess up at the beginning you lose less than if you invest 10,000 $ right at the beginning without a clue as to how things work.
Listen to beginner videos on cryptocurrency, read articles on blockchain, participate in airdrops and bounties to get started.
I didn't know how to deposit money and transform it into cryptocurrency.
I had no clue how exchanges worked or how verification worked.
I had no clue how wallets worked or how a blockchain actually worked.
I didn't know about tokens and about different cryptocurrency types.
I didn't know about ICO's.
I didn't know about airdrops and bounties.
After 2 months, i am much more comfortable with all these principles, but it is really hard to figure it out at first and navigate through all these principles; you figure it out eventually.
You have to start with a small amount with which you are comfortable and figure out how everything works... you might lose 20$, 50$ figuring out how things work, but if you mess up at the beginning you lose less than if you invest 10,000 $ right at the beginning without a clue as to how things work.
Listen to beginner videos on cryptocurrency, read articles on blockchain, participate in airdrops and bounties to get started.
Trading is for the experts and not newbies.Newbies should start from investing in crypto
currency with viable market cap volumes.Then gradually learn how the crypto coins are
being transacted in the coin market world.Get to learn about exchange platforms and the
ones to trust.Learn trading from experts and do demo for some time to understand the
strategies before going into trading.Trading needs steps of consistent studies.Otherwise,
you are bound to make regrettable mistakes since it involves your finance.Patience is key in trading.
Thanks.
currency with viable market cap volumes.Then gradually learn how the crypto coins are
being transacted in the coin market world.Get to learn about exchange platforms and the
ones to trust.Learn trading from experts and do demo for some time to understand the
strategies before going into trading.Trading needs steps of consistent studies.Otherwise,
you are bound to make regrettable mistakes since it involves your finance.Patience is key in trading.
Thanks.
First of all, take the time to learn. You have to understand how the market works. Learn basics of technical and fundamental analysis. Then you can try to do it on your own 
First you need to learn everything about trading and wallets and transferring your coins so you make sure they don’t get lost because if you send to the wrong address they are gone and that’s it you can’t retreive them again. So I would say learn more about trading and crypto and once you feel comfortable you can trade all you want
I think you should take time and read discussions here first. so you would know what to do wether to do.
my answer is no...NO... dont going to start selling directly as a newbie.you have to do more studies and have lot to learn before trading.because its a risky job and you might loss your funds becuse of your in experiance.trading is a complex process you should have to know chart analysis/chart patterns/ technical analysis /fundamental Analysis /risk reward ratio ..ect.and you should have very good patient also.other thing you may have to spend some what more time for trading. because its not easy as buy some coins and holding.i recomend you to study basic things about crypto trading first.then hold half of your crypro stuff and start trading with other half.good luck
I'm new to the Cryptocurrency.
Should I trade coin ?
Should I trade coin ?
It is better you learn first for Cryptospace and also good understanding for trading itself before go for trading. Trading is not simple, it needs sufficient knowledge otherwise you will lose your money. There is thread for basic knowledge of trading : https://bitcointalksearch.org/topic/just-a-little-guide-for-new-crypto-traders-2960563 hope can be useful for you.
I am trying to learn the basics first before trading. If you are new to this, I suggest you to do the same. Thanks.
The standard adage is that 90% of people lose money trading. Of the 10% that gain, only 1% can do it consistently
Pick a good coin than you believe in and just hold it. You will also save on fees!
Pick a good coin than you believe in and just hold it. You will also save on fees!
It's up to you,,but much better to hold.. future value of the coins are high that's my thought.50/50 sell if yo want money now but if not just hold after 2yrs.hhehe surely more. 💰
I'm new to the Cryptocurrency.
Should I trade coin ?
Should I trade coin ?
If you are new in the cryptocurrency market, my suggestion is that collect as many information as possible, gain more your knowledge before starting to invest or trade. Then, you should learn the way to analysis charts in stock market. There are many videos or posts guide to analysis charts, you can base on them and give your analysis yourself
you had better begin with some money, if lose you learn or win you will get more money 
I'm new to the Cryptocurrency.
Should I trade coin ?
Should I trade coin ?
I would agree with the majority here - if you are new - then you don't have to take any risky movements/decisions.
but if you still wish to trade or to exchage some coins to another coins then you can try using any exchange though it may take 2-3 weeks for KYC to verify...
I came across coinmonkey.io platform - it's a sort of scanner/exchanger which gets exchange rates from exchanges and you can actually perform transaction right at their website via api widget from the exchange, and no registration needed. right from your wallet and you receive coins to your wallet.
Do they scan exchanges? Seems to be a good idea. Actually I havent faced such things before. But the general idea of one place for all exchanges and ability to operate deals without registering is really cool
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