Trading Tips for Beginners - page 13.

sucix

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Quote from: guxu219 on November 29, 2017, 12:24:18 AM

Quote from: Granxis on November 18, 2017, 07:25:37 PM

Absolutely do not give your money to a coin, split your money into 4 pieces and invest with equal parts. I have lost a lot these days, I have not implemented this method.

I will always suggest new trader that start working with some signature campaign and when you get some experience about coins then you can start from low investing your trading as with time slowly you can increase your trading and in last you will become a big trader.

This comment that i like. Start 0 gain and become a hero.
I also do the same thing like this since i have o lot of loss before in hyip.
So for beginner this suggestion is very good. Mean start with small amount for beginner.

Aleister Crowley

hero member

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Quote from: supine on November 29, 2017, 03:25:34 AM

I think the main key into trading is to not be too emotional when it comes to doing it. For example, the price of bitcoin lowers down, the best thing to do is to not panic because it will go back up eventually. Also, remember to only buy when the price of the coin you want to trade is lower than usual and sell when the price is higher.

it is the basic method for traders. and if you want to make a purchase and expect the price to rise quickly, you can see the highest volume. because at the moment the volume goes up. the price will certainly continue to climb ,, this method I have done and run smoothly ,, though sometimes I lost ,. but this can still be considered reasonable

richkellj

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Quote from: Jaya912 on November 21, 2017, 08:47:58 AM

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

First i always remind beginner to start trading with money that they can afford to lost.
So by prepare small amount, it can build your good mentality in trading.

No matter how much one must think he or she has been able to learn over a certain period, it is always better to start with a very small amount first to be sure those knowledge are worth being practiced. After that, the idea of putting what one can afford to lose balls down on the exchange one is making use of anyway, because if you are sure you are good to go, losing a lot should not be a problem for a good trader as it is rare.

jpoker272727

legendary

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Quote from: cryptolopoly on November 27, 2017, 04:46:06 AM

Personally, i make sure I only meet in a bank. During the meetup we first show each other the money and the account containing the coins that will be traded. Afterwards, of course the fiat money goes first which is then followed by the transfer of money from the online account. It helps if you know someone from the bank so that they can act as chaperones. Lol.

That is really smart but I was not able to figure out any kind of tip for a trading newbie. No offense sir but this is what I was able to discover after reading your comment. Anyways, it was informative and I enjoyed reading it.

Back to the topic, a trader must have patience to stay calm under bad situations and courage to take risk plus he must have a good knowledge of his digital asset.

supine

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Activity: 1036

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I think the main key into trading is to not be too emotional when it comes to doing it. For example, the price of bitcoin lowers down, the best thing to do is to not panic because it will go back up eventually. Also, remember to only buy when the price of the coin you want to trade is lower than usual and sell when the price is higher.

guxu219

full member

Activity: 392

Merit: 100

Quote from: Granxis on November 18, 2017, 07:25:37 PM

Absolutely do not give your money to a coin, split your money into 4 pieces and invest with equal parts. I have lost a lot these days, I have not implemented this method.

I will always suggest new trader that start working with some signature campaign and when you get some experience about coins then you can start from low investing your trading as with time slowly you can increase your trading and in last you will become a big trader.

huangdz888

newbie

Activity: 94

Merit: 0

Learn to learn, good ideas!

Theb

hero member

Activity: 1680

Merit: 655

Before the trade
One of the things I see when it comes to trading is that the biggest way to avoid losing money is to do a background check to your counter part party obviously by doing so you will see some major pitfalls with their information.

During the negotiations
Now if they passed the background check the next thing you will do is to talk him out on the deal. You will some times no a scammer with what words they are using and how they transition your talks.

betMaster

sr. member

Activity: 336

Merit: 250

If i'd be given one tip to a beginner in this field it would be to tell him to not waste his time over small bucks .
Try to limit your axes and know your potential in order to get the most out of it , try to focus on main cryptocurrencies such as Bitcoin , Ethereum and LTC .
Being all over charts and coin market cap websites won't help you if you're too distressed and wasting your time and energy over many objectives . Set a starting budget and a risk budget and know how much can you afford to loose and of course get away from shady trades that look too good to be true , then only you'll be able to make good money out of this .

wordspavovv

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Activity: 139

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Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

Download Lykke wallet in your mobile device from Lykke.com
Buy some Eth or BTC
Register to a bigger platform like Poloniex or Bittrex etc
Move you btc to the platform and start trading.

Never buy coins at their hype price, never sell when the dump !!
Always invest money you can afford to loose.

JollySkipper

full member

Activity: 136

Merit: 100

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

All cryptos are super high risk investments
Do not buy when a coins is on hype
Do not expect much returns from bitcoin, it won't double your money today
If you want to make money start reading ICOs whitepapers and check teams
Buy Token only when you are sure about the ICO
Do not be greedy!
Always do more research ask more questions
Do not trust the community, most people will misguide you in order to buy what they are holding

BlockchainReserve

member

Activity: 78

Merit: 10

Quote from: saleenasmith on October 16, 2017, 08:59:34 AM

Hello Friends...

I am a Newbiew In Bitcointalk forum. There are so many people lost their money due to lack of trading Knowledge. So with this Thread my question is! How to trading with local markets or with international markets.

Please provide Do's and Don'ts during the trading.

dont trade is tip number 1, just buy and hodl.

cryptolopoly

jr. member

Activity: 37

Merit: 1

Personally, i make sure I only meet in a bank. During the meetup we first show each other the money and the account containing the coins that will be traded. Afterwards, of course the fiat money goes first which is then followed by the transfer of money from the online account. It helps if you know someone from the bank so that they can act as chaperones. Lol.

richmcrich

hero member

Activity: 1120

Merit: 507

Quote from: expless on November 21, 2017, 03:38:11 AM

Quote from: jonatuzc on November 12, 2017, 04:07:30 AM

Quote from: oyinkansolaberry on November 07, 2017, 09:39:10 AM

You need up to date and timely information to be able to use market fluctuations to your advantage.

Every good decision comes with facts and figures. And like you have said so true, keep yourself updated with this so that you can’t just lose your money in wrong way. Bitcoin is the only on coin in crypto world that have so minimum chances of loss.

But that depends on the person who is dealing with it. If that person is a little wise in his capacity, I must say he will definitely earn amazing.

If you want to stay in profit in this world of digital currencies, you need to work hard and it is mandatory for you to stay updated about all recent events in the crypto market. Obviously those decisions which are made on realistic approach rather than those which are merely made on fantasy and predictions. Focus on the articles which are telling you about the updates.

The biggest dilemma of the trading is that most of the traders lose their heart in the early stages of their life in the world of trading. It is because of the reason that they are not having a good amount of knowledge and they actually suffer some loss due to which they get dishearten. The only thing which the beginners need to take care of is to keep on working hard and keep on learning something new.

farhaan

sr. member

Activity: 392

Merit: 250

Quote from: Lord of the Lies on October 18, 2017, 12:21:02 AM

heh, from my own experience, the things to do are

1. lose lots of money
2. learn expensive lesson
3. never repeat that

i've lots lots, but made more

Seems you have lots of money to lose and learn a expensive lesson.But not all would be able to bare the huge loss.So,initially start with a very small amount which you can afford to loose.Once you gain enough experience and so called lesson,then you can invest more money confidently.Don't ever panic and become weak hands losing your coins to the hands of big whales.Don't ever follow FUD.

el kaka22

legendary

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Merit: 1165

www.Crypto.Games: Multiple coins, multiple games

Quote from: Robin789 on November 21, 2017, 08:41:01 AM

For begginers its really hard. it takes maney pursuit, and experience,
I think begginer can start his trading with small amount and research every coins what is the best coin for trading.
its my opinion.

Nothing comes easy and most especially for beginners, they still have a lot of work to do, before they decide to enter the world of trading in the first place. The first being learning can really be of help in allowing them to get started pretty fast while reducing the chances of making wrong decisions and like you said, over time, starting with smaller amounts, they get better with experience.

Quote from: meyklove on November 21, 2017, 08:58:22 AM

You should study the fundamental and technical analysis of trading. Read news, updates and background of the coins you want to trade with. And lastly, stay away form HYIP and Referal schemes because they are all scams.

Asides being a very good trader with the ability to do some good analysis, news, most especially in the crypto world are very necessary as they can help make some pretty good decisions faster. It has helped me over the years and where I learnt my lesson was when I bought into a coin that was being delisted on one exchange and that made me to stop buying any altcoin anyhow without being sure from the news that is Okay to go ahead.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Well, generally in my country the price of Bitcoin is 5% to 15% high as compared to that of international exchanges most of the time so technically it is very profitable for us to trade from international to domestic level. However, while buying from international markets we have to either use swift wire transfer or options like VISA (PayPal is not a good alternative for us) but banks charge us forex charges, taxes and bank fees which exceeds profit margin and hence it doesn't make any sense to proceed in such trade.

I would advise you, studying the all open and hidden costs required during the trade would help you to avoid the possible loss. This usually happens during the early phase of trading and I hope it will prevent in your case.

firstside

newbie

Activity: 10

Merit: 0

For newbies in trading I would suggest to just try with a small amount first and learn how this market works.
Every market is different so every market has its own learning curve. If you want to be invested then research projects and hold your shares
mid to longterm and do not daytrade. There are enough proofs that most daytraders lose money in the long run in every market. The biggest winners have always been
the ones who invested longterm. Just think about bitcoin. Recently I read a post from a guy in 2011. He wrote that he is sad because he sold all of his 1700btc at 0,30$
and now its 8$. Enough said

shezu007

full member

Activity: 336

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Quote from: OrangeII on November 23, 2017, 11:51:47 AM

Well, for beginners, it might be better to use a coin that has a small price, but the volume is a lot. buy at the lowest price, and it's all dependent on your prediction. if you want to trade on bitcoin, I recommend to buy bitcoin at a price below $ 7000, but this time it may be very difficult.

if you are new in trading and want to do trading then i will suggest you to start from low level and make a contact with more and more big traders and try to do more and more discussion with them to get knowledge and technique from them and getting ideas from them and apply their ideas in your trading through this way you can get enough experience and will become success trader.

OrangeII

hero member

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Well, for beginners, it might be better to use a coin that has a small price, but the volume is a lot. buy at the lowest price, and it's all dependent on your prediction. if you want to trade on bitcoin, I recommend to buy bitcoin at a price below $ 7000, but this time it may be very difficult.

Topic: Trading Tips for Beginners - page 13. (Read 5223 times)