tips for begginers - page 11. | Bitcointalksearch.org

Ranly123

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Quote from: knien on January 29, 2018, 09:07:06 AM

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.

This could be helpful. For me, i suggest that every newcommers should ask those who are expert in trading to avoid loses. In trading exchanges, i would sugget binance or coinmarketcap because of my experience to trade in this site. Maybe some sites are also good but the two i mentioned are my most convenient site in exchange.

chaa123

newbie

Activity: 126

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When joining any crypto, it is always good to start with investing only whst you can. Investnents doesn't really require that much when joining any coins. Another is to observe how pros do it. Since they've been here for quite some time already, you'll pick up a best practoce from them...

Ahimoth

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Quote from: Fixart96 on February 18, 2018, 03:03:24 AM

For beginners I think you should read more in the forum and research, know about what bitcoin and cryptocurrency, then learn how to get good coins and earn money from them. Joining a signature campaign is one way to earn money.

As a beginner, there are lots of things you have to experience and learn to get to the top like others. Patience is a key. Just keep on bulding on what you already have. Do research and study. Browsing through this forum could help a lot. Don't be afraid to ask questions. Invest smart.

Df9898

newbie

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For the beginner i think must join forum like chat or share opinion and be patient and i think must active and learn more about bitcoin and cryptocurrency and join signature if the post much

Fixart96

newbie

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Merit: 0

For beginners I think you should read more in the forum and research, know about what bitcoin and cryptocurrency, then learn how to get good coins and earn money from them. Joining a signature campaign is one way to earn money.

Nkan25

newbie

Activity: 70

Merit: 0

Control your emotions and let your strategy guide you. Read, absorb, and don't be afraid to ask that noob question. Don't pretend you know something you don't and be real with what your trading. I say get some coins by earning them and then try and trade them. Be prepared to make mistakes, we all do in the beginning. Just learn from them. Finally,if you don't enjoy this then stop and buy for long-term only or not all.

brengoskandel

member

Activity: 210

Merit: 10

on this matter you need to find out yourself, about information about bitcon
and in this forum you can find all the information you need, because you can not adopt the way of investing from others, it will make you hassle
you must have your own strategy, how to invest, because who knows the limits of our ability, is ourselves
and do not get too ambitious

vinzon04295

jr. member

Activity: 75

Merit: 6

Quote from: sherwinaze on February 18, 2018, 02:32:01 AM

Quote from: milo07 on January 29, 2018, 08:56:59 AM

any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?

for now as a beginner you may go to Newbie sectoin then you can read all you want to know
about the rules and regulation. for now you should read a lot to know everything about currency..
you may rank up first into a jr.member. or you may go to trading discussion..

reading the trading discussion might help you a lot if you really engage with trading of crypto nice advice

sherwinaze

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Activity: 162

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Quote from: milo07 on January 29, 2018, 08:56:59 AM

any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?

for now as a beginner you may go to Newbie section then you can read all you want to know
about the rules and regulation. for now you should read a lot to know everything about currency..
you may rank up first into a jr.member. or you may go to trading discussion if you are agrissive to learn about trading..

Deepseedee

newbie

Activity: 182

Merit: 0

Dont invest with the HYIP and SCAM sites. I recommend you to join with the signatures, bounties and airdrops. You can earn tokens that you can exchange for ethereum. Be patient

mkcube

newbie

Activity: 196

Merit: 0

For me,beginners need to be patience and surf on how the bitcoin goes by.Fully understand the unstruction.Do not be 100% confident on your profit cause the market only knows how to deal with it.

parassinghal

full member

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A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE

I am using Etherdelta from starting and just started using IDEX platform too. They are safe and easy to use platform. Before starting trading first notice the market for sometime that how its going on then after sometime start trading with small amount. And then increase the amount as you will get experience.

Delisaara

full member

Activity: 387

Merit: 100

For beginners to know is the patience of a trader because it is very important,And buy low-priced altcoins, do not expect a 100% profit, when it's lucky to sell and start looking for another altcoin.

vinzon04295

jr. member

Activity: 75

Merit: 6

Quote from: seoincorporation on February 16, 2018, 10:34:38 AM

1. Be patient. Sometimes impatience is the worst enemy if you are a newbie.
2. Do not go into panic selling: if you think you are loosing money, just be patient again. Sometimes is better to wait and think in other things before going into a panic sell (selling in a lower price just because you think you are going to loose all your money).
3. Never invest money if you don’t have enough. I mean, if you really need this money for eating, just wait to have some more, some money you can just forget for a while. The less you care about the money you invest, the high profit you get.
4. Do not trust anybody. Be careful with people offering an easy way to earn money in crypto. Be careful, as well, with the ones who offer to gamble with your money.
5. Understand the difference between a trader and a forex: the first is mean to exchange coins, the second to invest in them by groups... with trade your coins can lose value but you hold the same amount of coins, and with forex you can lose it all

well said sir this is a great advice to that everyone should take note and always remember

seoincorporation

legendary

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Quote from: milo07 on January 29, 2018, 08:56:59 AM

any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?

1. Be patient. Sometimes impatience is the worst enemy if you are a newbie.
2. Do not go into panic selling: if you think you are loosing money, just be patient again. Sometimes is better to wait and think in other things before going into a panic sell (selling in a lower price just because you think you are going to loose all your money).
3. Never invest money if you don’t have enough. I mean, if you really need this money for eating, just wait to have some more, some money you can just forget for a while. The less you care about the money you invest, the high profit you get.
4. Do not trust anybody. Be careful with people offering an easy way to earn money in crypto. Be careful, as well, with the ones who offer to gamble with your money.
5. Understand the difference between a trader and a forex: the first is mean to exchange coins, the second to invest in them by groups... with trade your coins can lose value but you hold the same amount of coins, and with forex you can lose it all

vinzon04295

jr. member

Activity: 75

Merit: 6

Quote from: milo07 on January 29, 2018, 08:56:59 AM

any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?

I think before you get yourself involve in trading in crypto you should prepare yourself first.

1.You must have enough knowledge about what coin you are dealing and trading with form it's market capacity and it's power.
2.You must have enough money to start with never ever put all your money in trading.just use your spare money.
3.you can experiment in different coins let say you have $100 then you can use the 50% to other coin and the other half to other coin don't put all your money in one coin.
4.You must be always updated about the news and reminders on the coins you are trading.

lastly be patient because trading is not a one time big time.

Opekin

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Quote from: Tommynitroz on February 15, 2018, 05:57:16 PM

What worked for me: begin with Coinbase as exchange. After your self-confidence is higher, you can start trading with Gdax, Coinbase's brother; simple to use and no fees at all

Hmmm I think it is not just about self confidence because you don't have speak in front of many people as you invest in a cryptocurrency.
Also the thing is you have to be prepared. Take the risk
Be smart enough
Do researches and always read
Make sure to think before making any decision

In short be mature enough.

Tommynitroz

newbie

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What worked for me: begin with Coinbase as exchange. After your self-confidence is higher, you can start trading with Gdax, Coinbase's brother; simple to use and no fees at all

VclDm

member

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Merit: 11

Focus on market knowledge before investing in any project on the cryptocurrency market. Once you have a basic understanding of the market, invest in some of the projects that you learn with a very small amount of money. Keep in mind that this is a very small investment. This is because it is very volatile. Once you have captured the market, invest more and you can get results from this market.

BartS

sr. member

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Merit: 255

Quote from: milo07 on January 29, 2018, 08:56:59 AM

any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?

My advice do not trade if you do not know the answers to those questions already, you are asking the very basics of trading, and if you do not know that then you are going to lose your money and will not learn anything from it, so take a few months to learn the answer to those and many more questions and read some books about trading only after you have done all of that you should consider trading at all, after my own research long time ago I decided not to trade since I consider it to not be worthwhile.

Topic: tips for begginers - page 11. (Read 1605 times)