Trading Newbie - page 19. | Bitcointalksearch.org

thebatletbet

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Quote from: twa on August 21, 2016, 02:22:20 PM

Hey all. So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for

What mistakes to avoid, what to never do etc.

Thanks everyone! Cool

I think if newbie is good early learn
if want try trading, is good use demo account in fxopen, in there open altcoin trading and bitcoin trading in MT4 and facilitie demo account
or you can low capital money 0.01 bitcoin, trading with pair altcoin cheap sample dogecoin

the best altcoin trading site is poloniex

Cactushrt

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Quote from: LovelyPrey on December 17, 2016, 03:07:20 AM

For newbie like me : I guess it would hard to trade, I need to know more on this field,
So as i read this whole thread, I got more on this, thank you I was a great help for me guys.

Cheers.

its pretty hard to understand the trading at first but I advise you to seek advise on your peers or everyone else who knows about trading or perhaps you can also read here in the forum some offered many tips about trading so goodluck

LovelyPrey

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For newbie like me : I guess it would hard to trade, I need to know more on this field,
So as i read this whole thread, I got more on this, thank you I was a great help for me guys.

Cheers.

Kevin77

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Quote from: salmanahmedone on December 17, 2016, 02:13:47 AM

I recommend to stick with established coins as they work well with technical analysis. You can check the history of these coins which are old in exchanges.

The problem with established altcoins are less fluctuations. For a day trader, established altcoins must be so boring, they hardly find any fruitful price movements and impacting news also comparatively almost zero on daily basis.

I tried to trade litecoin with pivot point analysis along with 100 days moving average. It suggested me to stay away rather than risking my capital.
At the same time, I am not suggesting to trade new altcoins instead of established ones.

virasog

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Quote from: machinek20 on December 13, 2016, 10:38:26 AM

Learning trading need patience and time, first gain some knowledge from book or internet, then look for some clue why people trade in the particular coin, and keep on update your news, then start to trade with smlall amount, it is faster to learn by experience, for beginner i suggest to open an account in yobit because the site has so many alt coin to trade

Yeah, you need to have patience and be willing to put in efforts to study various strategies and technical indicators such as RSI, MACD, Bolinger bands and the basic support and resistance levels. I think any exchanges with good volumes are good to trade.

salmanahmedone

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Quote from: machinek20 on December 13, 2016, 10:38:26 AM

Learning trading need patience and time, first gain some knowledge from book or internet, then look for some clue why people trade in the particular coin, and keep on update your news, then start to trade with smlall amount, it is faster to learn by experience, for beginner i suggest to open an account in yobit because the site has so many alt coin to trade

I recommend to stick with established coins as they work well with technical analysis. You can check the history of these coins which are old in exchanges.

BitFinnese

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Quote from: FaucetRank.com on December 16, 2016, 11:35:28 AM

Quote from: socks435 on August 21, 2016, 02:37:19 PM

If you are looking for a trading altcoin check my signature many altcoin there are new release also you can buy cheap altcoin there.
Almost new altcoin is always release in yobit so check it out.

Do not suggest him yobit because he will mostly see scam coins there and after looses he will decide to give up trading. we need more alt coin (trusted alt coins only) trader to boost alt coin (trusted alt coins only) prices or alt coins market so it's good to refer him some other crypto trading platform not to yobit because it worse trading platform.

I think every exchange have scam coin listed on it. And it would be better to see an actual manipulated trading when you are starting. Just need a mentor to explain it . When will you expose yourself from this kind of trading? Even if you are good enough trader, if it is your first time to be exposed to a manipulative environment, you will still feel like newbie. I think the best would be exposing ourselves to different kind of trading manipulation in order for us to understand and adopt to that kind of environment.

FaucetRank.com

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Quote from: socks435 on August 21, 2016, 02:37:19 PM

If you are looking for a trading altcoin check my signature many altcoin there are new release also you can buy cheap altcoin there.
Almost new altcoin is always release in yobit so check it out.

Do not suggest him yobit because he will mostly see scam coins there and after looses he will decide to give up trading. we need more alt coin (trusted alt coins only) trader to boost alt coin (trusted alt coins only) prices or alt coins market so it's good to refer him some other crypto trading platform not to yobit because it worse trading platform.

sevendust777

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Quote from: twa on August 21, 2016, 02:22:20 PM

Hey all. So i want to start trading, but i have almost no idea what to do. So i would love if someone would disscus that with me and eberyone else

So, to start trading, i need site for that. I would want to do altcoins/bitcoins trading, i used to know one site but can't find it anymore...

And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for

What mistakes to avoid, what to never do etc.

Thanks everyone! Cool

There are a lot of platforms you can try, I prefer Ccex for newbies since it is very user friendly, very easy to acces, another one is Poloniex... Do long and short trade, avoid trading with emotions, patience is a virtue, you need to have plan cause good traders have plan... Many traders get mislead early on in their trading careers and get wiped out as a result of not quite correct trading information... Do more research. and yes buy low sell high! Wink

sell low buy lower .....

Tanic

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Quote from: lenoli on August 21, 2016, 02:45:58 PM

Quote from: socks435 on August 21, 2016, 02:37:19 PM

If you are looking for a trading altcoin check my signature many altcoin there are new release also you can buy cheap altcoin there.
Almost new altcoin is always release in yobit so check it out.

never try youbit, one of the worst site ever I have ever seen. there are no admins, to solve your problems and answer the questions or tickets, many bugs and errors. dice on there site is the worst dive you would ever meet. 100% sure no probably fare.

stay away from this shit site such as yobit

I'm not agree about YoBit. To me it's a good site, almost the most used about bitcoins. I have never had problems with them and support always works fast. And add to all of that prices there are really higher to bitcoin that in fact. For example today bitcoin costs 770$ and on YoBit the price is 790$.

winspiral

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Quote from: South Park on December 14, 2016, 02:48:00 PM

A newbie in trading must not conduct any kind of training at all, your job as a newbie trader is to read books and learn as much as possible about trading, then you can do some very small trades with your new acquired knowledge and if successful you can now begin to trade for real.

Good advice.
But a newbie (and what not geers) can train for free on my U2 system...he risks just not earning the maximum if he trades not for the best.
But I'm sure even a pro would not trade for the best because about trading,we know only after what best has been.

South Park

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I am terrible at Fantasy Football!!!

A newbie in trading must not conduct any kind of trading at all, your job as a newbie trader is to read books and learn as much as possible about trading, then you can do some very small trades with your new acquired knowledge and if successful you can now begin to trade for real.

Bestwishes745

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For becoming a best and expert trader you need to take classes in an academy or institute. You can find one in any city as I know nowadays these academies are available everywhere especially in big cities. If you will start trade only on suggestions and tips then I am not sure that you will get any good success and if you do not have any academy for that in your city then try to search online tutorials and academies for that.

HatakeKakashi

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Hello sir if you want to start trading try to trade with this exchanges . yobit.net , poloniex and bittex this exchanges site make me a profit and help to grow my bitcoin. I cashout weekly because of that. Trading is simple you can buy an atcoin with the price is cheap and wait to increase the price and then sell. Important reminder don't put your all bitcoin in one altcoin just spread it to the other. If you also a trader you need also a patience. Make a research about altcoin you want to buy if they have potential or not.

Superways

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Quote from: machinek20 on December 13, 2016, 10:38:26 AM

Learning trading need patience and time, first gain some knowledge from book or internet, then look for some clue why people trade in the particular coin, and keep on update your news, then start to trade with smlall amount, it is faster to learn by experience, for beginner i suggest to open an account in yobit because the site has so many alt coin to trade

The practice is much important to learn about trading he have to start with a minute amount of bits on an exchange yobit is favorable from me too so he will be exposed to that field then he will face some new things and will try to search about that things and will learn slowly and gradually.

carlfebz2

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Quote from: machinek20 on December 13, 2016, 10:38:26 AM

Learning trading need patience and time, first gain some knowledge from book or internet, then look for some clue why people trade in the particular coin, and keep on update your news, then start to trade with smlall amount, it is faster to learn by experience, for beginner i suggest to open an account in yobit because the site has so many alt coin to trade

It does really need time and patience since learning trading cant be perfect or get overnight and you would really need lots of time and experience before you could be profitable on trading. You are right as a full newbie there are lots of informations regarding to it on google and we should obliged ourselves to search on those things. Need help from veteran members is also a good idea to do. I want to tell you that you could able to trade on most reputable trading sites like c-cex,ploniex and as he said you could able to try yobit since they have lots of cheap coins out there.

anonbit992

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A Trader & An Investor

I like to suggest you to wait and do a couple of paper traders and try to learn the basic of trading and risk management which is essential in making you a good traders. Trades can go wrong so keep a stoploss and trade with an amount that you can afford to lose. Regarding exchanges, I prefer poloniex.com for trading Altcoins.

machinek20

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Learning trading need patience and time, first gain some knowledge from book or internet, then look for some clue why people trade in the particular coin, and keep on update your news, then start to trade with smlall amount, it is faster to learn by experience, for beginner i suggest to open an account in yobit because the site has so many alt coin to trade

Potato Chips

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yesssir! 🫡

First you should know its risks so you should ony trade an amount that you can afford to lose. Lets say the bigger the amount the higher the risks.

If you're looking for a site then Poloniex is for you. It is good for newbies and even some veterans still uses it.

Reading articles and books about trading can also help you but practical skills will be best when improving your trades.

icecube45

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Maybe if I may make a suggestion, for early start trade better tried for a small amount. Because trade is very difficult to learn so early trading as learning, so to minimize the loss may be better to try to start trading with a small amount. I'm sure if you've tried a several times a trade and learn them well you will find yourself your strategy. In addition it requires patience in trade and not to make the wrong decision because it would be detrimental.

Topic: Trading Newbie - page 19. (Read 22175 times)