you better try to find lots of knowledge about bitcoin and other crypto. there is plenty of bitcointalk knowledge material for your understanding. spend a little time reading and searching for knowledge. after that you will know what step will you do. may be useful.
Topic: tips for begginers - page 10. (Read 1605 times)
you better try to find lots of knowledge about bitcoin and other crypto. there is plenty of bitcointalk knowledge material for your understanding. spend a little time reading and searching for knowledge. after that you will know what step will you do. may be useful.
I want to share my experience for biggners
1: Work with proper plan.
2: Work with honesty.
3:In start don't try to earn money.
4: Try always to get information more and more.
5: Follow the forum rules.
6: Give time for new research.
that will make you excellent user of bitcoin.
1: Work with proper plan.
2: Work with honesty.
3:In start don't try to earn money.
4: Try always to get information more and more.
5: Follow the forum rules.
6: Give time for new research.
that will make you excellent user of bitcoin.
Main thing I've learnt is how to read various graphs and recognise various stages a coin is in. Research, research and more research!
Feel the market is always going to grow over the next five years but read read read!!!
Feel the market is always going to grow over the next five years but read read read!!!
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
As a beginner, here are some of my pieces of advice:
1. Do your own research about trading. Read also about the crypto coins.
2. Learn the basics in trading, selling and buying policies.
3. Buy coins that have value or price is stable, I mean, already trusted.
4. Choose exchange with good security features. Difficult to hack.
5. Read topics at the neginners and help to widen your knowledge.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
That will be depending to an altcoin that you are going to use because there are different wallets out there, i highly prefer that you should use myetherwallet for your altcoins and use liqui.io for an exchanger to hold your bitcoins, most of the professional traders here in this forum is always referring to this coin holders.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
My tips on begginers are if you like bitcoin you must learn what is bitcoin all about, you study and then practise to trading amd don't afraid to ask to the pioneer in bitcoin because they are more experience about bitcoin. And also be smart to used youre bitcoin. any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
I think if to explain it as a whole it may be difficult for you to understand instantly. so I think the best thing for you to do right now is, try to learn one by one about everything that concerns the market, commerce and crypto. there is a lot of discussion in this forum that can make knowledge and understanding for you.
I'm also a beginner. I'm reading the replies on the threads, thank you so much for the tips. I'm learning here in the forum! 
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
As a beginner, there are alot of things to learn especially when it comes to trading. First, you must choose the right exchange. An exchange with good security features, easy to learn features and have a good volume of coins. Choose the exchnage with most number of listed coins. In terms of selecting the right coins, once the coin is already listed, they already have value. Select the coins that you can afford to buy. Lastly, always be ready on the things that might happen to the market chart.
A few generic beginner tips that will help you to get up to speed:
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
1: Never invest more than you can afford to loose.
2: Buy the dips (looks easy and is quite easy, if you can resist huge green candles / FOMO)
3: Begin with trading CMC top 25 coins, to avoid to much risk in the beginning.
4: To get the best average price for long term holds, apply dollar cost averaging (buy fixed amounts each weak, and buy a bit more in case of a sudden dip)
5: Bitcointalk, youtube and Google are your friends. View and read a lot about trading to get the hang of it.
6: Do your own research on a coin. never just jump in based on some social media hype.
Hope this helps a little.
Very good list! But I would like to add one more thing to your list:
7. Don't panic sell! When the market goes down, that's when you BUY, when the market goes UP, that's when you SELL! Your emotions on the other hand will tell you otherwise, but don't listen to your emotion, make logical decisions.
as my experience in every relationship I have and no experience in discussing the botcoin position and on the basis of my readiness to read every post of others I had a little bit of knowledge to continue with bitc oin and every time I watch vedios about my starting point it will be discussed gradually becoming all clear and achieving my knowledge. so for not knowing what to do to keep the bitcoin read and watch help and negotiate your problem I'm not sure that's the help your problem but it's best to ask people who are experts in the crypto world.
For beginners traders, I would like to advice you do your own research first before putting your money into any crypto currency.
And don't put all your money in one basket.
Try to make portfolio.
So you have some other options as well.
And don't put all your money in one basket.
Try to make portfolio.
So you have some other options as well.
If you are investing in coins for the long-term, the safest strategy is holding, but day-trading, or even casual trading can be profitable in the short term, allowing you to increase your stack relatively faster. Whether you’re a beginner to crypto trading or just trying to take a chance in this exciting new market
If you want to get high profit you should do your job heartily. It means giving time and know your job description first before entering. It needs full of knowledge about bitcoin in order for you to post exact reason to each topics. In investing bitcoin it is good to hold in order to have or get high profit.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
4-yrs quest for profitable trading led me to the best advice I could give you. Keep calm and be observant
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
you should try to find basic knowledge first if you want to trade with crypto, you can try from ethereum to be trading with altcoin. there are lots of good exchanges right now, you should try to get more education about trading
Don't store coins on centralized exchanges for long term.
Don't panic.
HODL has a much more quality of life, than daytrade.
Don't panic.
HODL has a much more quality of life, than daytrade.
you must need to learn the basic knowledge about coins. Social media will help you but be careful on what you're reading it might fake. Youtube, Twitter and this forum will help you a lot
and better study the feature of the coin it's volatility and market cap because there are coins that is only good at first but not for long term
you must need to learn the basic knowledge about coins. Social media will help you but be careful on what you're reading it might fake. Youtube, Twitter and this forum will help you a lot
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
From what I've learned so far, these are a few things you should consider when buying cryptos at this moment:
1. If you buy a coin/token worth of 50$, expect to pay around 20-30% of the total value of the coins when you withdraw them from the exchange;
2. Do not do daytrading, it's very risky and you may end up losing more money than you earned. HOLD for long term instead (years) and you won't be affected by the markets price changes.
As a beginner like me there are many things I need to know what is bitcoin and how I use bitcoin and much more that I have to ask maybe there are still many who do not know about bitcoin that is where we can not share knowledge because of the lack of bitcoin users
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