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Topic: Trading - page 3. (Read 487 times)

sr. member
Activity: 742
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
June 08, 2018, 08:41:53 AM
#10
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?
Trading is not a simple platform you must have analytical skill and strategies of Crypto market then only you will survive in this platform. So better you must gain some knowledge in trading platform automatically you are fit for this platform. My suggestion is longterm investment is good for you but day trading and short term trading little risky one.
hero member
Activity: 1176
Merit: 509
June 08, 2018, 08:11:48 AM
#9
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?

As for the starting capital, only invest what you can afford to lose. Do not sell properties just like what others did last year during the peak of the market. For the platform, bittrex is the best for newbies. You can also use cryptopia or binance. As for other cryptocurrency, try to make some research on the top 20 coins in the market and choose which one you prefer.
legendary
Activity: 2688
Merit: 3983
June 08, 2018, 06:57:29 AM
#8
All of this information will be answered after you have had enough experience.
Each person has his or her own experience, as the difference of time, state, knowledge, capital and other things make the probability of failure to repeat the experiences of others likely.
How can I start: You need a secured wallet, exchange platform, and bitcoins
beginning capital: any amount.
Platform or website: Based on your state and fees
cryptocurrencies can I use to start?: It’s up to you but try to reduce the number
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
June 08, 2018, 06:19:56 AM
#7
It's up to @OP to determine a budget he can use to start trading, the rule is don't invest what you can't afford to lose. The platform to use will depend on what you want to trade because not all exchanges have all the altcoins existing. And secondly, on the verifications that you agree to complete if any (ID verification,...)
Once you know what to trade, just check Coinmarketcap and check the "market" tab to see what platforms have the coin listed.
full member
Activity: 420
Merit: 102
June 08, 2018, 05:32:17 AM
#6
To earn profit from crypto trading is not easy, before you start with real money much better you learn it in demo account. You can create demo account in HitBTC exchange or in Meta Trader 4 that offer crypto trading, like FXopen and Simplefx broker. And after you understand some technical analysis and risk management, you can try that your skill in real account by start $100. Also you have to create account in trading view platform because this platform will connect you with expert trader.
member
Activity: 294
Merit: 10
June 08, 2018, 05:13:44 AM
#5
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 should not trade at this point, you can see that the market is constantly fluctuating and difficult to guess, so it is very difficult to trade successfully. Bitcoin prices are continuously adjusting and, according to my analysis, bitcoin prices will likely continue to fall in the long run as they are in the bearish trend.
legendary
Activity: 1400
Merit: 1001
Undeads.com - P2E Runner Game
June 08, 2018, 01:52:37 AM
#4
There are many platform or website that you can use to trade crypto currency, such as poloniex, bittrex, binance, etc. Every market have a pair for crypto, and my favorite platform is poloniex because they have big order book and their platform easy to use.

If you are new comers in crypto trade, i suggest you to create your own money management in microsoft excels or anything, this is used for tracking your profit-loss and also your capital.
member
Activity: 336
Merit: 71
June 08, 2018, 01:42:37 AM
#3
I think more capital is easier to trade with over less.. when your stack is too small you try to maximize every dollar and it makes you make bad decisions like not setting stop losses, etc. I'd say bare minimum would be 1000.00 but 5000.00 would be better.  Remember at the end of the day no matter how much you start with, you have to take risks and be willing to lose as much as 10% for the chance of making 50% or more.. but don't follow any bad entries all the way down.  Bitcoin is king and whatever bitcoin does, most of the alts market will follow.. you have to time the market right by buying near the bottom and riding alts on the way up, then realizing your gains back to bitcoin so you don't suffer the out of position effect.  Hodling is a term invented by bagholders to feel better about their losses.. real traders, in my opinion, realize gains safely and multiply back to bitcoin.  Usually, new people make two major mistakes:  go all in at alt coins at one time... or they try to scalp and day trade too much and get lost in indecision and fees.  Play the big moves, avoid the dumb zones in the middle.. take profits back to bitcoin.. wait to re-enter.

To answer your specific question... look to enter alt coin positions to multiply bitcoin.. there are no safe hedges to bitcoin so act accordingly until the market decides differently.

80% of trading is common sense and knowing how alts/btc/tether correlate to each other and adjusting accordingly
20% is Technical analysis trying to squeeze a bit more min-maxing over the above.

Good luck, if you have any specific questions about trading, please let me know. 

I've wrote some responses more in depth that can be referenced below if any of these topics interest you.

Exchanges: https://bitcointalksearch.org/topic/m.39044000
Paid Services like Signal Groups: https://bitcointalksearch.org/topic/m.34874137
Is Technical Analysis Useful: https://bitcointalksearch.org/topic/m.30246763

full member
Activity: 360
Merit: 100
June 08, 2018, 01:22:12 AM
#2
There are many markets for crypto trading. Such as Binance, Kucoin, Bittrex, Poloniex etc. Among them, I will order you to start trading with Binance. Because Binance is one of the world's largest and popular crypto markets. These are the advantages of trading of many coins. Its interface, design, and support are great one-liner. Moreover, its market graph is much easier compared to other markets, so the marketers of the newcomers will not have any problem to understand. There is a different market pian for Basic and Advance users, as well as the low fees of Binance are there on this. So, for the start of crypto trading, Binance is absolutely ideal.

Quote
Can I trade at some sites, I'm confused Which one do I start with?  Huh

Answer: Here are some sites to start you can invest in one or more sites like your favorite, but before you can start, you need to verify it for your protection.

just for example read this topic https://bitcointalksearch.org/topic/m.36173654
jr. member
Activity: 116
Merit: 2
June 08, 2018, 12:55:22 AM
#1
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?
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