simple tips for newbie trading bitcoin pair altcoin

lobat999

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Quote from: dsyahputera on June 03, 2016, 03:13:17 AM

Quote from: hendra147 on April 13, 2016, 10:36:05 PM

if you use my rules :
- don't put all your buy order at 1place,

Does this mean, for example, when we buy the coins with 50% of our funds, and the other 50% is used as a precaution?

Yeah I think. It's better to have at least three different buy or sell positions ( in my own experience ) to lessen the risk of market volatility and enable higher profits.

dsyahputera

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Quote from: hendra147 on April 13, 2016, 10:36:05 PM

if you use my rules :
- don't put all your buy order at 1place,

Does this mean, for example, when we buy the coins with 50% of our funds, and the other 50% is used as a precaution?

gabmen

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Quote

each people says buy cheap and sell expensive, but when we know the price is cheap..?
if you use my rules :
- don't put all your buy order at 1place,
you can buy at high price then sell it at higher price, if the price not reach your sell order and down you can buy back.

this one have a better logic, so when everyone's panic with regarding to the price down you still have enough capital to start with another trade and you would not be affected and you can still move along good tips coming from a good trader worth to go along thank you sir.

hendra147

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Quote from: bakingbad on April 13, 2016, 02:16:36 PM

Quote from: hendra147 on April 08, 2016, 02:36:41 AM

trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

there is one important basic rule that everybody says to new people to trade, it sounds like buy cheap and sell expensive, and i have to say that this might work as this way you will get profit only

and other rule that i use is to never sell coins when somebody created panic, or when next day price falls by 2$ or so, because you will lose your money only

each people says buy cheap and sell expensive, but when we know the price is cheap..?
if you use my rules :
- don't put all your buy order at 1place,
you can buy at high price then sell it at higher price, if the price not reach your sell order and down you can buy back.

bakingbad

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Quote from: hendra147 on April 08, 2016, 02:36:41 AM

trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

there is one important basic rule that everybody says to new people to trade, it sounds like buy cheap and sell expensive, and i have to say that this might work as this way you will get profit only

and other rule that i use is to never sell coins when somebody created panic, or when next day price falls by 2$ or so, because you will lose your money only

mrhelpful

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Extending the depth info for the altcoin dev.

I`d actually see if they launched a previous alt coin or worked with others in those to even be worth while to your time.

Or else youre just running around in circles hoping a new dev who wanted to name alt coin go somewhere.

orendel

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Quote from: Amph on April 09, 2016, 01:01:20 AM

some of the most profitable altcoin were ipo and ico, see etheruem and other like lisk right now, so i don't think there is any certain rule to apply always at 100%

IPO can be a good bargain.
it's depend on multiple factors.

gabmen

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Quote from: hendra147 on April 08, 2016, 02:36:41 AM

trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

thank you for providing this tips Im looking to do trading after reviewing some alt coins this share of yours and other members here would be a great guid for me thank you all for sharing.

pooya87

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well, all these tips that you gave for trading are not 100%
for example your second tip "don't buying altcoin in ICO, IPO etc." is not always right, when a coin has ICO or IPO it doesn't meant that it will never be successful, ETH is the past experience and i am sure LISK is going to prove you wrong soon.

arseaboy

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Quote from: alyssa85 on April 11, 2016, 08:45:18 AM

Practice risk management - don't go all in, only risk 10% of your funds per trade. That way, if the trade goes wrong, you still have the rest of your funds to trade with.

this is also a good idea making it sure that you still have enough funds so whatever happens to your first trade you have a back up plan, trading is a long term investment for me so all the idea that's has been provided would be a great help for me.

alyssa85

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Practice risk management - don't go all in, only risk 10% of your funds per trade. That way, if the trade goes wrong, you still have the rest of your funds to trade with.

Wapinter

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One thing that I learnt about Altcoins is that never hold them for long.If you see some price increase,sell them.You never know how soon the turn into useless garbage

bitcoinbox

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So far so good

Quote from: hendra147 on April 08, 2016, 02:36:41 AM

trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

People who've invested their money in Ethereum ICO have made a very good profit. It will be (probably) the same with Lisk.
Instead of saying "don't buy altcoin in ICO, IPO, .." I'd say go for it BUT invest only in coins that are serious, with a developers team who is well known among the bitcoin/altcoin community.

yenxz

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Quote from: hendra147 on April 08, 2016, 02:36:41 AM

trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

good tips,and i think its gonna work for people who really loves trading altcoin,but for me its not easy,even trade etherum i still hard to get profit,maybe just problem on timing when i buy altcoin.

Enotche

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If the size of the «Buy» much more part of the «Sell», which means willing to buy the currency much more willing to sell, it must necessarily be indicative of a high probability of rate of growth.
If the size of the «Sell» much more part of the «Buy», it shows the opposite trend. But this is only the signs, it is likely but not inevitable, so always stay cool-headed.

eyeknock

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Quote from: Amph on April 09, 2016, 01:01:20 AM

some of the most profitable altcoin were ipo and ico, see etheruem and other like lisk right now, so i don't think there is any certain rule to apply always at 100%

agree, but you must also agree about that mostly of the "latest" and "common" scams are with ipo and/or ico, so i think thats why he include it.

i have another one rule that you could add:
-always use the common sense Grin

mobnepal

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Quote from: Amph on April 09, 2016, 01:01:20 AM

some of the most profitable altcoin were ipo and ico, see etheruem and other like lisk right now, so i don't think there is any certain rule to apply always at 100%

Yes i also usually purchase coin on ICO and right now holding some lisk hope this movement in market keep on going till launch of lisk.
Both etheruem and lisk has active developer as well as they are platform rather than only some shit or altcoin thats why buying them in ico is good decision. I have missed ethereum ride before hoping to go far in this lisk wave.

Amph

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some of the most profitable altcoin were ipo and ico, see etheruem and other like lisk right now, so i don't think there is any certain rule to apply always at 100%

simon66

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The only thing that matters to me when trading is the market atmosphere and what is happening RIGHT NOW on the exchange including what the trolls are up to..

Raja_MBZ

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Very nice tips, I usually don't trade, but looking forward for it and this thread could be a big help for me.

arseaboy

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Quote from: talkbitcoin on April 08, 2016, 06:45:31 AM

Quote from: hendra147 on April 08, 2016, 02:36:41 AM

- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

very good set of points for trading. although each of them can be argued and may have exceptions, the general rule for trading is this.
for example sometimes i buy when the altcoin is rising to catch the rocket to the moon and gain at least a portion of the profit, although this is risky i haven't yet striked out.

good point mate, just always remember a good trader always look for better earnings, what I mean on that is just buy low and always sell high in that position you will earned, just look for the trade that have big margins between buy and sell orders. just want to add.

talkbitcoin

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All I know is that I know nothing.

Quote from: hendra147 on April 08, 2016, 02:36:41 AM

- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

very good set of points for trading. although each of them can be argued and may have exceptions, the general rule for trading is this.
for example sometimes i buy when the altcoin is rising to catch the rocket to the moon and gain at least a portion of the profit, although this is risky i haven't yet striked out.

jacktheking

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Yes agree. Never ever invest into a new Altcoin especially when it is in ICO or IPO phrase - don't even invest in it when it is out.

You could add, check for Bitcointalk thread of the Altcoin before investing into it. Invest in Altcoin that is somewhat old and have a somewhat active community here. Another point could be only trade Altcoin on trusted and active website such as Bittrex or YoBit where daytrading will be faster.

eyeknock

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Sure there is lot of good tips who new people in trading should do before join in:

-only risk your money if you if you can take the loss
-always do a nice research about whats happend before invest in something
-be aware of trolls.

and more will come

xxxDD

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never buy yovi

hendra147

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trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.

i will update it soon

donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb

are you have other tips/trick..? please share it
i will add it to first page

other tips

Quote from: eyeknock on April 08, 2016, 06:28:05 AM

Sure there is lot of good tips who new people in trading should do before join in:

-only risk your money if you if you can take the loss
-always do a nice research about whats happend before invest in something
-be aware of trolls.

and more will come

Quote from: Enotche on April 09, 2016, 06:29:59 AM

If the size of the «Buy» much more part of the «Sell», which means willing to buy the currency much more willing to sell, it must necessarily be indicative of a high probability of rate of growth.
If the size of the «Sell» much more part of the «Buy», it shows the opposite trend. But this is only the signs, it is likely but not inevitable, so always stay cool-headed.

Topic: simple tips for newbie trading bitcoin pair altcoin (Read 1789 times)