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Topic: Trading (Read 487 times)

hero member
Activity: 1190
Merit: 534
July 25, 2018, 11:07:41 PM
#50
There is no general answer for your most of the questions. However, the best way to learn how to trade is starting actual trade and gaining the practical experience by testing self-generated trading strategies in multiple situations. As far as the starting amount is concerned, you can start with the minimum required amount as per the exchange and start trading. However, I would recommend you to invest your time before investing your money and try to understand how the market works.
newbie
Activity: 31
Merit: 0
July 25, 2018, 10:09:49 PM
#49
You need to learn Bitcoin, but bitcoin needs capital. You can try with Ethereum. And my favorite exchange is Coinbase.
sr. member
Activity: 1313
Merit: 302
July 25, 2018, 09:55:25 PM
#48
Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need.

To start a trade in cryptocurrency,you need atleast 10$ to inverse.You have to learn patience in trading.
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And What flatform or website do I need to use in trading crypto currency.

My suggestion is localbitcoin.com , it's the trusted website from long.I had trading more than a year in this website.Previously ,I had used coinbase for bitcoin trading.
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And aside from Bitcoin, what other crypto currency can I use to start?
Apart from bitcoin, their are lot of potential cryptocurrency available in the market.They are Ethereum, litecoin, Monero, Ripple,Waves,Neo and IOTA.
full member
Activity: 588
Merit: 100
July 25, 2018, 09:40:26 PM
#47
Crypto Trading is high risk activity, so better you should be know first how to make the risk lower by make trading plan. And learn first in demo account is better before use real money. For demo account you can use MT4 platform like Simple fx. Many trader was make the same mistake like greedy and not patient, and dont use stop loss in every trade. And when you want to use real money , important to use exchange that has stop limit order as stop loss like Binance, Okex, Bitfinex, Bittrex.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
July 09, 2018, 06:23:27 AM
#46
Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?

I'll try to simplify what you need to do. Trading is simply buying of bitcoins at a low price and selling when the price is high enough to give a significant amount of profit.
You simply need to start trading by buying any amount of bitcoins to get your capital. In case, you don't have the money for the capital,  it is advisable you participate in signature campaigns to earn your first bitcoins which you can then use to trade. Participating in signature campaigns however requires you be a Jr. Member or above in rank.
You can use cryptopia.com or bittrex.com for your trades. They are very good trading platforms.
newbie
Activity: 159
Merit: 0
July 09, 2018, 06:01:16 AM
#45
Here is an interesting educational article from Hackernoon. You can learn something from it, but In fact, there are many similar articles all over the Internet. You may just google it.
Besides, you’ll be needed to find proper exchange.  The choice is up to you (you may google some reviews about platforms as well), but I’d like to suggest you to try CEX - https://cex.io/. This platform is quite simple and friendly for beginners like you.


full member
Activity: 434
Merit: 100
June 18, 2018, 03:16:54 AM
#44
Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?


$500 is a good starting point who wants a good experience in trading. You can use Binance, Cryptopia or Huobi. Maybe try buying Eth to purchase tokens from ICOs or either EOS or  NEO. You can also pick the altcoins in the top 30 in coinmarketcap for lower risks on your investments.
full member
Activity: 1050
Merit: 100
June 18, 2018, 12:37:30 AM
#43
Study the following,
1. Chart Indicator
2. Chart Formation
3. Support and Resistance
4. Technical Analysis
5. Chart Pattern

Regarding exchange,
You can start in any exchange and any amount, preferably small since you're still a newbie. so losing doesn't hurt you that much.

Remember always to buy low sell high
Great advice, this is how trading works we have to understand everything about it. Being a trader is not at easy task because your money is really in risk. Knowledge is very important in trading so you can protect your capital especially in a bear market, if you're new in trading keep on learning you have to learn more  so you can be stronger in this market of high volatility.

That kind of advice are common to followed by the other traders of this crypto, but most of the beginner are didn't know about what they should do. Well yes this is a good advice that really can help  with the other member.
i have not seen any analysis of the news that happened, which is very influential on the movement of market. news that occurs usually leads to fud or fomo, and this is complementary to our analysis
hero member
Activity: 854
Merit: 502
CTO & Spokesman
June 18, 2018, 12:21:56 AM
#42
Study the following,
1. Chart Indicator
2. Chart Formation
3. Support and Resistance
4. Technical Analysis
5. Chart Pattern

Regarding exchange,
You can start in any exchange and any amount, preferably small since you're still a newbie. so losing doesn't hurt you that much.

Remember always to buy low sell high
Great advice, this is how trading works we have to understand everything about it. Being a trader is not at easy task because your money is really in risk. Knowledge is very important in trading so you can protect your capital especially in a bear market, if you're new in trading keep on learning you have to learn more  so you can be stronger in this market of high volatility.

That kind of advice are common to followed by the other traders of this crypto, but most of the beginner are didn't know about what they should do. Well yes this is a good advice that really can help  with the other member.
newbie
Activity: 308
Merit: 0
June 18, 2018, 12:03:00 AM
#41
You need to choose the most convenient cryptobirzhu for yourself. for this you just need to register in 2-3 exchanges and choose. And then you can try to bargain using a small amount to learn. You can trade with currencies from the TOP 10 it's safe.
jr. member
Activity: 112
Merit: 1
June 17, 2018, 11:33:26 PM
#40
You can use to trade currency kriptocurrancy like poloniex, bittrex, binance, Every market has a pair for cryptocurrancy and my favorite platform is poloniex because they have big order book and their platform is easy to use. If you are a newcomer in kriptocurrancy trading I suggest you to make your own money management in microsoft excels.After you know what to trade, just check Coinmarketcap and check the market tab to see what platforms have registered coins.
full member
Activity: 742
Merit: 144
June 17, 2018, 10:34:59 PM
#39
Study the following,
1. Chart Indicator
2. Chart Formation
3. Support and Resistance
4. Technical Analysis
5. Chart Pattern

Regarding exchange,
You can start in any exchange and any amount, preferably small since you're still a newbie. so losing doesn't hurt you that much.

Remember always to buy low sell high
Great advice, this is how trading works we have to understand everything about it. Being a trader is not at easy task because your money is really in risk. Knowledge is very important in trading so you can protect your capital especially in a bear market, if you're new in trading keep on learning you have to learn more  so you can be stronger in this market of high volatility.
member
Activity: 308
Merit: 10
June 17, 2018, 10:23:26 PM
#38
If you intend to trade Bitcoin regularly, then you must have some deposit in one or two Bitcoin exchanges. Meanwhile, unique platform features and trading options will be the most important aspect of exchange exchanges on the market.
full member
Activity: 1582
Merit: 101
June 17, 2018, 10:18:12 PM
#37
As a newbie it is challenging for you to start your trading. But if you have a patience and have the mentality you can win. At first you have have to make account different exchanger like Cryptopia, Hitbtc, Binance, Mercatox, Kucoin, Qryptous, etc,, . Secondly you have to open MYetherwallet address one. Not only open account but also you have to learn how to trade in these exchanger. You can take help from your friend or Google is waiting for you. You can take help coinmarketcap for up down of coin price. Best of luck.
hero member
Activity: 1890
Merit: 831
June 17, 2018, 10:11:25 PM
#36
First of all it depends upon you , how much you want to invest in trading and as such .
Don't invest what you can't afford to loose,it's really a risky process, there it comes with no surity and you could easily loose all your money.
Secondly we must know that a good and a trusted trading platform is a must one that's well known and acceptable.
Ex. 1Fox
Then you should know that you need to improve your genral knowledge because you need to know everything about cryptocurrency news and all, because that is how the price changes.
You need to be active and always set an alarm for the price .
full member
Activity: 574
Merit: 102
https://adonx.one
June 17, 2018, 07:52:06 PM
#35
To maximize profit from high volatility of crypto market is for the better divide your money in to day trading and swing trading. Chooce 20 top ranking coin for day trading and chooce low market cap coin that has good community for swing trading, because this kind of coin possible to give you up to 10 times profit just in amonth.
member
Activity: 302
Merit: 10
June 17, 2018, 06:42:36 PM
#34
Guys I'm new here. So I want to start trading crypto how can I start and what is the starting capital do I need. And What flatform or website do I need to use in trading crypto currency. And aside from Bitcoin, what other crypto currency can I use to start?
I think you have been able to trade at this time, you can see that bitcoin girls have been increasing steadily over the past few days and now are showing signs of sideways and strong convergence. In my experience bitcoin prices will probably increase in the coming days, so you buy bitcoin and trade at this time your profits will be very high.
member
Activity: 308
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
June 17, 2018, 04:51:27 PM
#33
It seems to me now to invest costs in the elderly on the blockchain(ICO). This is more interesting and profitable.But if you have the experience of trading in the financial market, you can try to start with the crypto currency that is included in the TOP 10
member
Activity: 448
Merit: 10
June 17, 2018, 03:55:30 PM
#32
As a beginner you need to learn from experience. There are many platforms that you need to know for trading such as kucoin, etherdelta, forkdelta, coss.io. In addition to storing bitcoin you can store ethereum (ETH).
I think that using Ether Delta is already becoming impossible, because this project is getting bad and many users are turning away from it. But regarding the advice of using etherium, you are right. This is a real and proper investment of your funds.
hero member
Activity: 868
Merit: 500
June 17, 2018, 01:51:23 PM
#31
First of all learn about cryptocurrencies, behind technologies and ideas behind them, because in the market fundamental analysis has very important place. Then try to learn technical analysis through indicators, Elliot's waves and etc. Personally I like trading methods of William D.Gann described on "45 Years In Wall Street". Also I like "Dimensional Stock Market Structures and Cycles" of Bradley F. Cowan.
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