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Topic: Trading Newbie - page 8. (Read 22191 times)

legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
March 31, 2017, 03:09:06 AM
I think the best way to learn trading is to experience trading. It is okay if you will invest just a small amount for you to trade then try it I think 1 week is okay after that if you know how trading works then try it with a big funds for you to formally start your trading and that is to know how to trade.
newbie
Activity: 14
Merit: 0
March 30, 2017, 09:29:56 PM
If you are a newbie in trading its better to trade on poloniex and bittrex.If you find it difficult in choosing a good alt,subscribe for turtlebtc altcoin buy and sell calls and slowly learn the techniques and after when you are confident on yourself..move to yobit cryptopia.Never ever trade on c-cex
sr. member
Activity: 350
Merit: 250
March 30, 2017, 06:30:28 AM
Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.

Bittrex isn't as worse as Yobit, but it's not really an exchange I would make use of. Poloniex is the only exchange that offers a decent and trustworthy platform plus a huge load of liquidity. Other than that, best is indeed to avoid the newer (mostly copy and paste) coins, but people tend to choose them because of their low price. It's quite harsh for newbies to buy themselves into ETH or Dash at current levels.
gan true! I think now trading bitcoin and altcoin us poloniex at very precise and witdhraw from poloniex is also smooth.
hero member
Activity: 924
Merit: 500
March 30, 2017, 05:28:11 AM
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 Smiley

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 Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool
If you are really new in this industry, you must know the basic of learning in trading here is the link were it can give you guidelines for you to become good trader https://bitcointalksearch.org/topic/m.11085774 Smiley
legendary
Activity: 1232
Merit: 1091
March 26, 2017, 01:45:05 PM
Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.

Bittrex isn't as worse as Yobit, but it's not really an exchange I would make use of. Poloniex is the only exchange that offers a decent and trustworthy platform plus a huge load of liquidity. Other than that, best is indeed to avoid the newer (mostly copy and paste) coins, but people tend to choose them because of their low price. It's quite harsh for newbies to buy themselves into ETH or Dash at current levels.
legendary
Activity: 1862
Merit: 1505
March 26, 2017, 01:36:48 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 Smiley

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...

You may use poloniex as your trading platform


And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.

Believe me, YoBit has become a trash. I'd recommend Bittrex or Poloniex for the newbie.

Moreover, don't trade any new coin in start, you should get started with the stable ones first, i.e, Ethereum/Monero/etc.
hero member
Activity: 700
Merit: 500
March 26, 2017, 01:30:25 PM
As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
yeah there is many register exchange which is very trusted and you can trade with him with no worry like as poloniex and bittres exchange these are very trsuted exchange and i also trade in these exchange.
I guess as per availability of number of exchanges, finding one well established exchange will not be a problem. For a newbie, the trading methods and its strategies are very big worries to overcome compared to choosing the right exchange. Yobit must be an good exchange with good reputation and having more options to trade with.

But, before start trading, we must do trading with fake money like practicing with papers for better understanding about market conditions.
hero member
Activity: 952
Merit: 503
March 25, 2017, 03:06:52 PM
As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
yeah there is many register exchange which is very trusted and you can trade with him with no worry like as poloniex and bittres exchange these are very trsuted exchange and i also trade in these exchange.
hero member
Activity: 924
Merit: 500
March 25, 2017, 02:54:37 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 Smiley

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 Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool
I think you are now learning in trading already, because you are a Full member in rank. Perhaps, you already know the basic rules of a traders sell at high and buy at low price value. then never buy with 1 satoshi value in every altcoins most of them are pump and dump.
hero member
Activity: 1092
Merit: 500
March 24, 2017, 01:17:29 AM
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 Smiley

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 Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

according to the expert in this forum, for a newbie like us it is much better for us to start trade in yobit. It's an exchange where majority of there coins was price is so cheap which is good for us, and the basic rules sell high, then buy at low price.

Your idea is good but i won't suggest you because there many coins in yobit which don't have any value. Only pumps and dumps in yobit, you need to focus on crypto which are more value and you will make much profits from it.

Correct, Doing trade in the coins that are most often in pump and dump only is not a good way of earnings, it will gonna make your coin be stuck in that exchange. It is still much better to trade that are very aggressive in motions so there is a bidding war happen in the trade.
sr. member
Activity: 594
Merit: 250
March 23, 2017, 12:34:56 AM
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 Smiley

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 Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool
And then, any tips here for me and other newbies?
my tips was keep on reading on bitcointalk forum from time to time for you to learn a lot here.

Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid?
try to go in bittrex.com then  choose the coins which has a cheap value then buy it, its up to you on which among of them you like.
or if you really like cheap there are lot of cheap coins at yobit you can buy there at 1 sats then most of it are pump and dump Grin

sr. member
Activity: 1176
Merit: 252
March 19, 2017, 11:26:33 AM
As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
Great tips. I also do that when I first trading. Well, it really helps. but for better tips, prepare yourself to see video of people who make trades, it could be the basis for you before trading.
legendary
Activity: 1372
Merit: 1005
March 19, 2017, 08:49:44 AM
As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。

Don't suggest trading for newbies at this time bro. Because value is turned down more 200$ and as i checked now the value is around 998$ today. Better suggest them to hold the bitcoins or to buy the bitcoins using the present dump.
hero member
Activity: 700
Merit: 500
March 19, 2017, 08:24:05 AM
As a novice, you can register Poloniex, or you can go to Bittres Exchange. Note that the first trading volume is less.Reduce their own losses。
hero member
Activity: 742
Merit: 500
March 19, 2017, 08:08:14 AM
If you want to trade Bitcoin/Altcoin,you could check the exchange in my signature below.For investing in altcoins,do a thorough market research about that coin and then only invest.Dont be panic on seeing the market ups and downs.
legendary
Activity: 1288
Merit: 1036
March 18, 2017, 03:14:23 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 Smiley

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...

You may use poloniex as your trading platform


And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.
Investing in bitcoin can be a fruitful and enjoyable journey and you are off to a great start by asking questions and seeking advice, and the most important thing is to be very patient and start small and don’t invest beyond your knowledge, and you should focus more about learning more to increase your success in the market.
hero member
Activity: 3080
Merit: 603
March 17, 2017, 06:17:57 PM
I can suggest for newbies that you can start to trade with yobit, this trading platform is good for all of you. Because it has allowing you to get some free coins then you can even without investment. And for the mistakes to avoid, is that you should always need to monitor the market of the coins that you will buy so that you won't miss the chance of selling.
full member
Activity: 182
Merit: 100
March 17, 2017, 02:48:29 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 Smiley

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...

You may use poloniex as your trading platform


And then, any tips here for me and other newbies? Buy cheap sell expensive is not tip i search for Smiley What mistakes to avoid, what to never do etc.

Thanks everyone!  Cool

Yeah thats the basic rule as a trader, sell high and buy low.. But aside from that you need to know the fundamental and technical analysis. Watch the history of the graph and also the status of the coins specially for long term trade. Watch in youtube regarding of bitcoin basic trade, study it and apply to gain more practical experience.
hero member
Activity: 924
Merit: 500
March 17, 2017, 02:20:54 PM
My recommendation about a Exchange site to Trading is C-cex.com.. Yobit is also famous but sorry to say  I am not satisfied with their support system. they are only interested to make more and more money but don't care to their users.

but if you are using Yobit then becareful with:

1: Don't buy a coin which's price is 1 satoshi, yobit charge fee to list any shit coin,
2: Never buy a Coin which is being pumped by a bot. sometime you may see an altcoin is being bought so badly. but if you see the amount of coins you'll this is all happening with the help of Pump bots,
3: Never Store big amount of money in your exchange wallet (this tip is not only for yobit. it is for all exchange sites)
4: Don't send your all coins in yobit in one time. some of yobit wallets are dead and not working. if you send all your coins there you'll probably lost them.. first send few coins and verify that the wallet is working or not.

Good Luck.
It seems that you gave all of this advice according to your experienced in yobit before when you are trying to do trade in their exchange sites too. Because all what you had just said is exactly true. But sometimes if you have good pulse in buying 1 satoshi then you hit the right timing of  the bot is pumping it you had a chance to earn more and more. but that's seldom to be happen. Good advice of yours Wink
hero member
Activity: 1092
Merit: 501
March 17, 2017, 01:43:45 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 don't see any wrong if the newbie will start to practice trading in yobit, though the only problems was your right there is no admin, so meaning since this is the first ground for a newbie in trading the person need to be very careful in it. And the reason why yobit up to now still stand in this industry it is because yobit is not too sensitive for a new coin even it is a shit type of coins.
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