tool in market trading | Bitcointalksearch.org

taiwww

sr. member

Activity: 588

Merit: 257

Quote from: kauban2018 on May 15, 2018, 07:50:53 AM

As newbie in this campaign, what will be the possible tool that I should use in starting the market trading?

Thats a way long journey mate and all you have to do is start looking for the exchanger or market place that you will be using or you are comfortable with. After selecting the market place you have to go for choosing your coins and/or tokens that you gonna trade. Mostly you should choose the undervalued coins at the first time which are nothing but the coins which are below $1 in value but make sure they are having the higher 24 hour volumes so that they wont be scam ones. The more the market volume the better it is. Cheesy

Now start selecting your best methodology from swing trades, day trades and short-long term trading etc. This way you can start learning about the trades.

georgiasus

member

Activity: 336

Merit: 10

Choose a stock exchange, I personally use the Binance.

Learn Japanese candles before commerce.

Use a cold purse

wantjokull

sr. member

Activity: 700

Merit: 275

Quote from: kauban2018 on May 15, 2018, 07:50:53 AM

As newbie in this campaign, what will be the possible tool that I should use in starting the market trading?

You wont be needing any tool but you will need some tricks and tips to get started. I mean trading is something that requires little skills in the dish and to make things work (spice up really) you need to have best coins from the market to trust, to play with and learn back more.

In crypto currency you should :

1. Choose your portfolio perfectly
2. If you loose then you dont have to be Panick about it but get started over again.
3. There is no way you can earn more than 50% a day, thats bullshit! Just grab whatever you get in first place.
4. Being greedy is worst thing to do in the crypto currency trading.

BTCeminjas

member

Activity: 322

Merit: 23

Quote from: kauban2018 on May 15, 2018, 07:50:53 AM

As newbie in this campaign, what will be the possible tool that I should use in starting the market trading?

I'm not expert on trading but I will suggest you a good thing to do just like what I did.
Having a laptop or desktop for trading is a must.
Good predictions and analysis are very helpful when you are in trading.
I also downloaded to my mobile phone apps of the portfolio which is I can monitor price movement,
the name of the apps is "Blockfolio". With this apps, I can easily know what coins that I have a profit already then cut off the profit immediately.

Obeng minn

jr. member

Activity: 68

Merit: 1

I think to start trading the market:
1. Must have strong analytical power.
2. Must have courage and patience.
may be enough to start trading for a beginner.

Harlot

hero member

Activity: 1806

Merit: 672

Honestly price charts and reliable news sources are the main things you need when it comes to cryptocurrency trading. Your main analysis comes from price charts where you use technical analysis to determine your buy and sell decisions. The second one is just an option as it doesn't really give you a strong basis on where the market will go, having news will always split the market and we don't know where will it take us, but combining it with your technical analysis will make your predictions more accurate as it will go with the flow.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Don't forget about the basics, start with it and you'll grow up through experience.
How to Make Profit: Basic Rules for Beginners in Bitcoin Trading
Most of the things that you need has been mentioned already. It's up to you too if you want to use a trading bot such as gunbot or cat.

fiulpro

hero member

Activity: 1890

Merit: 831

I think you should first fimiliarise yourself with all the countries where the Bitcoins is the biggest asset in and .. how..the price of Bitcoins changes accordingly you should keep a track of them.. the new policies , the government strategies about banning or accepting them. Tracking all the news related to Bitcoins is what you should do first and look how it works..
Then.. choosing a wallet and investing and you are good to go.

pat4cryptoreal

full member

Activity: 630

Merit: 102

The tools needed for trading is very simple. The physical tools you need are your laptop, good internet services, steadly electricity. You need to learn the still because there is professionalism is every career no matter how simple the career looks. Go for a proper and intensive training.

hugeblack

legendary

Activity: 2688

Merit: 3983

Success in the crypto trading need to have a unique plan and plans you need experience, but these basics help you:

1. choose right exchanges site: Choosing a trading platform is the most important thing, as there is no specific base to pick "with the days you will learn" but these are the most critical sites Coinbase [easy way] & Bitfinex [famous road]
2. Hardware wallet: Do not trust any trading platform and try using an offline wallet "cold storage."
3. Follow the price charts: The best way is this site https://cryptowat.ch

kauban2018

member

Activity: 271

Merit: 10

As newbie in this campaign, what will be the possible tool that I should use in starting the market trading?

Topic: tool in market trading (Read 159 times)