Topic: Trading Tips for Beginners - page 14. (Read 5244 times)
I think learning the basic thing to trade is very necessary, because it will help you in analyzing or making decisions when you want to sell or buy, and as good as start with a small capital when you want to start trading, look for experience when you trade well observe how the market runs, and try to find the best time to enter as a buyer and out as a seller, if you are getting used to it, try to do with a large enough capital, and most importantly I think is to control the emotions while in the trade, do not be easily affected
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.
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.
I think as a beginner it is better to learn and start trading with small amount first and that depends on your financial condition until it is proficient to be able to use a large amount, buy at a low price and sell at high prices
Trading is not a difficult thing, when we can master it then we can get many benefits. A lot of things have to be learned, but I'm sure we can get all the things we want when we have high spirits.
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.
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.
I think as a beginner it is better to learn and start trading with small amount first and that depends on your financial condition until it is proficient to be able to use a large amount, buy at a low price and sell at high prices
-snip-
Patience is the key to success in trading. Of you want to trade means,just trade with less dollars, because if you failed means you will loss a lesser amount of dollars. Even you can try altcoin first ,but for that you need to analysis a lot. Some shining altcoin are ETH ,Waves .You can try this or go with bitcoin, it's less risky.But profit is very high as compared to altcoin .So you can even try the bitcoin first. The ball is in your court now.
Patience does not answer everything in the world of trading. In as much as patience is required at some point when holding for long term, short and day trading does not require patience and you have to understand what to do at every point in time. Know when to get out of a trade, know when to relax and monitor the charts and know when to sell. All those require knowledge to make good decisions and not patience.
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.
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.
Do's
Trade/Invest only what you can afford to lose
Keep reading some articles/news about trading
Patience is a virtue
Choose a long term coin to trade especially if you are newbie
Dont's
Don't panic in trading
Don't choose a shitcoin. This will only give you headache
Don't believe easily what others say.
you just get to know how to start trading with youtube and sometimes you just do not understand the word here in the forum you need to get to know it well, and you also need big money to earn you trading should buy low and sell it high, because I'm not going to make you lose your money and you do not have to get me started trading with no good advice to you.
The safest way for begginers to start trading is by only trading bitcoin-fiat they will never lose their fiat but the worst thing that maybe happen is they will lose their bitcoin. Actually if they aren't greedy, they can always make profit by only but at low and only sell higher, they need to be patience.Patience is the key to success in trading. Of you want to trade means,just trade with less dollars, because if you failed means you will loss a lesser amount of dollars. Even you can try altcoin first ,but for that you need to analysis a lot. Some shining altcoin are ETH ,Waves .You can try this or go with bitcoin, it's less risky.But profit is very high as compared to altcoin .So you can even try the bitcoin first. The ball is in your court now.
Patience is the key, with bitcoins and selected altcoins. Who ever bought bitcoin and waited enough is in profit right now when bitcoin is making some records, same is with altcoins, over the time price is rising and just waiting is clean profit. Hurrying leads nowhere, for that you need to have some good knowledge about market and what will happen before others.
you just get to know how to start trading with youtube and sometimes you just do not understand the word here in the forum you need to get to know it well, and you also need big money to earn you trading should buy low and sell it high, because I'm not going to make you lose your money and you do not have to get me started trading with no good advice to you.
The safest way for begginers to start trading is by only trading bitcoin-fiat they will never lose their fiat but the worst thing that maybe happen is they will lose their bitcoin. Actually if they aren't greedy, they can always make profit by only but at low and only sell higher, they need to be patience.Patience is the key to success in trading. Of you want to trade means,just trade with less dollars, because if you failed means you will loss a lesser amount of dollars. Even you can try altcoin first ,but for that you need to analysis a lot. Some shining altcoin are ETH ,Waves .You can try this or go with bitcoin, it's less risky.But profit is very high as compared to altcoin .So you can even try the bitcoin first. The ball is in your court now.
As a beginner, BTC or Cryptocurrency trading sounds extremely easy and very profitable. The market copes up with the current technology and trading is a kind of job majority of us ever wanted: Working at home, freedom of your time, do nothing strenuous, just a click of your mouse and eye on your monitor. But the truth is, if you are inexperienced and not well trained, you'll probably lose more than you will ever gain just like what happened to other beginners before.
1. Find a suitable exchange site --- Don't just rely on what the other people suggested. Look for a trusted exchange site that will suits your trading venture.
2. Know the risk --- Trading is like gambling, there are risk that you should face and be aware of.
3. Manage your asset --- Don't just focus on trading alone, allocate your resources to other cypto investments / opportunities.
4. Don't be greedy --- Don't assume that your investment will grow either in a short period or long term, it is much better if you will have a specific target for GAINS and a target for LOSSES
5. Be very detailed --- Make yourself a monitoring chart which can be your basis if you are having a hard time using the charts on exchange sites. Also, a successful trader don't just rely on luck or hunch alone.
1. Find a suitable exchange site --- Don't just rely on what the other people suggested. Look for a trusted exchange site that will suits your trading venture.
2. Know the risk --- Trading is like gambling, there are risk that you should face and be aware of.
3. Manage your asset --- Don't just focus on trading alone, allocate your resources to other cypto investments / opportunities.
4. Don't be greedy --- Don't assume that your investment will grow either in a short period or long term, it is much better if you will have a specific target for GAINS and a target for LOSSES
5. Be very detailed --- Make yourself a monitoring chart which can be your basis if you are having a hard time using the charts on exchange sites. Also, a successful trader don't just rely on luck or hunch alone.
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.
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.
I think it is the same thing if we want to trading with local market or with international markets but the differences is, in local market don't have the big list of coins to trade although to analyze and determine the price to buy and sell is same between those exchanges.
don't trading all in for one coin but you can do with two or three coin at the same time. i mean you need to analyze first coin and then place the buy or sell price and then move to second coin and do it the same thing like the first coin. if you can predict with good, you can make your profit with all of the coin.
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.
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.
Do's:
1. Know the theories of trading first like knowing what is bull or bear market, consolidation, trend lines etc. I learned so much in this site: babypips.com
2. Always have a trading strategy before entering in a trade. You should know when to exit regardless whether you are in profit or loss.
3. Trade money that you can afford to lose.
4. Always be updated to the news or events in crypto world. Fundamentals is a must when trading crypto.
5. Learn from your mistakes. Experience is the best teacher.
6. If possible, have a mentor to shorten your learning curve.
7. Do your own research.
Dont's:
1. Don't trade when you are emotional. You will become indecisive.
2. Don't just buy a coin because of the hype. There is a possibility you will buy at the top.
3. Don't join pump and dump. More often than not, you will just lose money.
4. Don't easily believe the rumors or news because many of them are FUDs. Check if the source is reliable or not.
5. Don't be greedy. A small profit is still a profit.
6. Don't go all-in in a single trade. Just buy in portions to average down if the price keeps going down.
If you are a newbie, you have to learn many things before trading. I cant tell you all of them, but I will share you my experience. The first you have to set a clear target, trading in the short term or investing in long term, then choose a suitable interest rate. After that finding a coin is suitable for your strategy. And the last, do not be greedy.
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.
DO: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.
Keep on researching
Learn on your mistakes
Practice
Invest only the amoubt that you can afford to lose
DONT'S
Dont go all in
Dont just buy any altcoins.
Dont buy in a running pump or peak price upward.
I hope this helps but it is only my way you may have a better than this just keep on learning.
you just get to know how to start trading with youtube and sometimes you just do not understand the word here in the forum you need to get to know it well, and you also need big money to earn you trading should buy low and sell it high, because I'm not going to make you lose your money and you do not have to get me started trading with no good advice to you.
The safest way for begginers to start trading is by only trading bitcoin-fiat they will never lose their fiat but the worst thing that maybe happen is they will lose their bitcoin. Actually if they aren't greedy, they can always make profit by only but at low and only sell higher, they need to be patience. 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.
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.
you can monitor at news.bitcoin.com development and news all abouts bitcoin and altcoin
as a reference for trading
For me my trading tips to share for a beginners is to basically read all a lot of things here in trading disscussion so you can come up easily, and my another tips for you if you are a beginners is doing research about trading or watching video that is disscussing all about trading, and you should understand very well what is you are reading or watching about trading so even if you are a beginner you can come up very quick.
you just get to know how to start trading with youtube and sometimes you just do not understand the word here in the forum you need to get to know it well, and you also need big money to earn you trading should buy low and sell it high, because I'm not going to make you lose your money and you do not have to get me started trading with no good advice to you.
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.
I am newbie too. But as I continue trading in order to not lose big time we have to start in small amount first. 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.
Since you are begginer in trading you should learn first how trading works and do not invest big amout if you not fully understand the trading method. And do actual regular trading to familiarize the fluctuation of every coins in the market and also do regular research for all coins to know what is the best coin to buy.
When you feels that you already know how to trade well then that is the time to invest big amount of capital and categorized coins for short and long term trading and the golden rule is avoid greediness always in all method of earning in bitcoin because it will lead to lose of all your money.
When you feels that you already know how to trade well then that is the time to invest big amount of capital and categorized coins for short and long term trading and the golden rule is avoid greediness always in all method of earning in bitcoin because it will lead to lose of all your money.
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.
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.
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.
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.
learn and read a lot in this forum because here a lot of knowledge about trading and better start with a small amount first to learn
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