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Topic: trading guide for newbie (Read 2033 times)

member
Activity: 271
Merit: 10
May 17, 2018, 05:52:28 PM
i am new to cryptocurrencies trading is new for me. how can trade ?
I think if you are a newcomer to this market then you should not trade at this point it will be very dangerous. You may find that bitcoin prices in recent days are constantly adjusting and sharply lowered, thus resulting in lower altcoin prices. You trade and this time will be a lot of risk and if you lose market you will lose very heavily.
newbie
Activity: 218
Merit: 0
May 13, 2018, 04:36:02 AM
There is no guideline as a newbie in cryptocurrency traders. In order to improve yourself you should make your own personal research in order to lean yourself and enhance your skills and knowledge in this type of activity.
can not be detailed instructions on this forum, you go to youtube there are more guides and more details. So learn so carefully that you will easily see more clearly. Each person has its own way of learning.
newbie
Activity: 196
Merit: 0
May 13, 2018, 03:08:48 AM
if you are inging trading the first thing you should know is about what is crypto and what is crypto market and most important is how to analyze coin
newbie
Activity: 103
Merit: 0
May 13, 2018, 02:50:21 AM
Useful, but too easy to lose money.
hero member
Activity: 896
Merit: 500
May 12, 2018, 10:17:04 AM
1. First select the best exchange. For example bittrex, etherdelta, binance, hitbtc.
2.Bitcoins must be purchased and deposited at the exchange.
3. Must choose good coins.
4.To do more research on trading.
5. Be patient.


First, the wallet should be opened. The second step is getting much information about everything that is connected with the cryptocurrency. It will help you to pick the most reliable coins and start trading.
hero member
Activity: 770
Merit: 500
May 09, 2018, 06:05:43 PM
Trading for beginners is not very difficult. If they think and believe that I will come into this campaign and invest, then they have to take a lot of knowledge about their trading and study. Patience will not be emotional.
But I will say that trading for the beginner is much difficult and they often lose the most money in trading. That is why I will suggest that you study more about trade before you want to start and try to do practice with much smaller amount and also ask from people about any difficulty you face in your trade on this forum and if you know any trader personally then go to him and ask him for his/her strategy.
member
Activity: 336
Merit: 10
May 09, 2018, 05:41:18 PM
For newbie you need to have a very wide patient. In this time you can use the quote "patient is a virtue" if you have a patient you can earn more because the altcoins is not dumping all the year it will pumping. And study the basic techniques and candlesticks.
newbie
Activity: 52
Merit: 0
May 09, 2018, 04:06:12 AM
To be a trader you need to study the basic candlesticks strategy and the resistance and support.  A trader had a patient and remove your emotion. Emotion is the best enemy of a trader because it will force you to sell without a profit and small profit.
full member
Activity: 434
Merit: 100
May 09, 2018, 03:58:19 AM
There is no guideline as a newbie in cryptocurrency traders. In order to improve yourself you should make your own personal research in order to lean yourself and enhance your skills and knowledge in this type of activity.
member
Activity: 182
Merit: 10
Algo Trader
February 09, 2018, 07:55:12 AM
Go in the following order.

  • Find a good exchange
  • Search and understand Cryptocurrency, You want to trade
  • Learn about the technology behind the Coin
  • Keep up to date with the market
  • Have future projection in mind
  • Always put limit order
hero member
Activity: 1554
Merit: 880
pxzone.online
February 09, 2018, 05:14:57 AM
i am new to cryptocurrencies trading is new for me. how can trade ?

Here's a thread that will help you a lot for being a good trader https://bitcointalksearch.org/topic/characteristic-of-trader-2842850 you will know all the characteristics that you need to have to be a good trader and you can read a lot of advices from that thread from those traders who already have an experience on trading. Hope it'll help you with your journey being a trader.
newbie
Activity: 52
Merit: 0
February 09, 2018, 05:08:46 AM
If you're not an expert in trading and don't have any experience, it's better to just buy&hold. Otherwise it's pure gambling and odds are against you, because of fees, trading costs and more experienced traders, plus market manipulations and insider information, scams, impossiblilty of anticipating big moves by devs, whales, exchanges, hackers, then sudden unexpected big news etc. Too many variables you don't control. You'll just get burned out if not prepared and thick skinned.
newbie
Activity: 139
Merit: 0
February 09, 2018, 04:47:17 AM
1. Buy some bitcoin (best site to buy depends on your country, preferrably go with localbitcoins)
2. Deposit some bitcoin on your preferred exchange's wallet (Bittrex, Bitfinex, Binance)
3. Choose the coin you want to trade: (e.g. BTC/ETH, BTC/LTC, BTC/BCH, etc)
4. Trade away
Thanks for the idea i would try this too,i never tried in trading and this idea as my first step.
full member
Activity: 196
Merit: 100
February 09, 2018, 04:44:35 AM
I’m suggest for trading as a newbie at first you must need to gather a huge knowledge about crypto currency, you can learn details of trading form babypips, if you visit this site you can learn about trading and it will be very helpful for your trading so you must visit and learn then start your trading.
full member
Activity: 540
Merit: 100
February 07, 2018, 02:16:39 AM
i am new to cryptocurrencies trading is new for me. how can trade ?
There are many guides that you can learn in the section of Economy specifically in trading discussion. This forum can be the key for you to become expert trader in the future. The thing that you should only to do is to read many post in different thread in trading discussion.
hero member
Activity: 1610
Merit: 507
February 06, 2018, 11:37:30 PM
i am new to cryptocurrencies trading is new for me. how can trade ?
You should have a lot of knowledge first before you try to trade. Being a trader is very hard job because analyzing different chart is not easy task, it is hard to predict if the coin will go up or go down.

but not difficult if we have a knowledge and I think every people could try in their first time without any knowledge as long as they can buy at low price and keep selling at the high price. and if they can do this for the other time, then soon they will understand that they need something to make more profit and they will learn more about trading. although it is difficult, we could still learn to analyze the chart, determine the price to buy and sell and else.
sr. member
Activity: 1456
Merit: 359
February 06, 2018, 10:18:28 PM
i am new to cryptocurrencies trading is new for me. how can trade ?
You should have a lot of knowledge first before you try to trade. Being a trader is very hard job because analyzing different chart is not easy task, it is hard to predict if the coin will go up or go down.
newbie
Activity: 154
Merit: 0
February 06, 2018, 09:10:35 PM
Welcome to crypto world. First you have to make account on bittrex, polo or any exchanger which you prefer. Then deposit btc to your wallet add. Look for a good coin to buy and wait till you earn profit then sell. But you have to exert effort and time reading some reading materials about crypto and do a reasearch first. Welcome and GoodLuck
member
Activity: 306
Merit: 15
February 01, 2018, 01:01:20 AM
If you are a newbie, start with small investment, do not rush, choose a fall price and wait until it rises. Choose good when you're trading, because another coin is delesting, so check whether it's delesting or not.
newbie
Activity: 252
Merit: 0
January 25, 2018, 01:34:58 AM
This is really a big opportunity to ask how is trading bitcoins done for newbie. Hai, I am a new member in this system, can someone help me find out, how can I do trading? I already search in google for it but i can't understand the process. It is a big help for us to know and be aware how to be in to it. I am so blessed if someone can share it. Thank a lot.
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