any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
You may use your own strategy in trading and just feeling by yourself what to trade,or you can just read and look for trading analysis of those big known traders and just follow them,no strategy needed at all for me its all about somewhat luck 
Topic: tips for begginers - page 13. (Read 1605 times)
The main advice is to monitor the exchanges crypto currency for their leap and decline, in order to have knowledge about when to buy, when to invest
follow the rules of forum bitcoin never forget post. follow also all the bounty programs, because programmed bounty that will make us work to get this bitcoin, and tube our bitcoin first from the work we follow bounty program. many ask same bitcoin users this is more experience. I am still in the learning phase to know all about this bitcoin. remember do not ever forget always see bitcoin forum and do bitcoin post, because many lessons that we can get dibitcoin this 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 keep in mind that everything is possible and pays off if we want to achieve our goals.Never invest too much of what we cant afford to loose.Just learn to have knowledge in everything.Invest more time and focus to it.Take time to read to be exact.
Trade is the best income source. You can do trading using many good exchange such as Bitrex, Bitfinex, Hitbtc, Kucoin, Yobit. I think ETH Neo PRL OMG Dentacoin Coss those coin are good for trading.
Remain steadfast in spite of FUD.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
Firstly, you should have training for trading basics. Good criptocurrency exchanges (in my opinion): Bittrex, Kraken, Poloniex
Tips for beginners is you must have a high ranked so that you can easily join and campaigns and must follow the rules be given in the forum so that you`re posting will be accepted and it will also be added at your activity post. Try to review also and learn cryptocurrency basics so that its easy for you to apply here in bitcoin.
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.
these are some really good tip for any newbie in bitcoin!
First, you need to learn some cryptocurrency basics, you can learn and have knowledge easily here just by reading other's threads. you can also read some beginner's guide that other users posts and make sure you read some rules to avoid some penalties.
better invest less within the starting of your bitcoin investments due to the fact gaining knowledge of purpose its higher component in case you invest greater then if it’s become loss
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
Hi there milo07! Ill give you five tips. First, read a lot more before going into serious trading, there are tons of tutorial out there for you to start with. Second, choose an exchange that will meet your expectation, remember there are exchange that are fitted for new trader, which offer low or even no fee on buying and selling under several limitations. Third, don't place your invest all at once, if you will allot 10k for trading place 5k-7k first, for you to move freely. You will understand it when you get there. Fourth, don't focus on one coin only, sometimes the price of your coin didn't swing enough thus you will earn almost nothing. And lastly, if you are stress due to manual trading, there are bots out there to ease your task, but some did not perform well. Good Luck!
I found this article helpful for newbies The Total Beginner’s Guide to Cryptocurrency Trading (Bitcoin, Ether and More). And with strategies you can also read this article Strategy Guide: How to Pick the Best Cryptocurrency to Invest In.
When I first got into bitcoin my brother (who got into this before) told me to invest the amount I can afford to loose (just in case). I think this is a good advice for everybody
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
My advice for beggining traders:
1. Don't listen to FUDs. Most specially coming from noobs or even members with no resource.
2. Don't panic sell. It'll only cost you more losses if you do.
3. Use reputable and trusted exchanges. Don't ever skimp on wallets. So do your research.
4. My strategy in buying and selling, when my initial investment double or triples (depending on coin potential and speculations) I immediately sell.
5. Buy 50% Bitcoins and 50% Alt coins.
Actually I only started this January I'm a beginner also. Now I'm investing money in Bitcoin their are specific wallet to hold your Bitcoin in which country you came from also my parents gave me a mining rig. Now I'm investing and mining. My tips for investing is just wait for the perfect timing to buy and to sell your Bitcoin. The value is always varying. Be patient.
There are so many tips that I can give to you but I will share to you just 2 words that are very helpful and made traders successful. What are these two words? Patience and Emotion. Patience is one of the ingredients that will make you a successful trader. Like they say "Patience if Virtue" so if you have patience, it will give you a better result in the end. Emotion is the one that professional trader doesn't have because if emotion takes over you in trading, you will end up losing all your investment so be emotionless in trading.
I have advice for someone who is just beginning to want to participate in bitcoin. If you want to start trading you first analyze what altcoin you want to buy and you have to re-examine altcoin prices in any other exchange, and it will be for you profitable in your trade.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
I think as a beginner for traders looking for information about trading, looking for a lucrative coin, learn what coin moves are going to be profitable or not, do not put all your money, start with small amount to learn first, be patient and control your emotions
Just doing/learning about more things related about it (the prices,strategies,find the best exchanger site), with steps by steps from a various sources (googling,social medias) including asking to a someone or the people who are much more experienced in cryptos's world.
Have an strong intention in it, no need to feel doubting on the start.
Have an strong intention in it, no need to feel doubting on the start.
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