Trading is best platform for all but beginners need to educate more to understand the trading basics,Keep touch with crypto market,learn psychological tips to control emotions like panic and fear.
Invest in stable coins and do not put all eggs in one box,Diversify the investment. Learn to hold with patience and be pro active keep eye on prices buy in low prices and sell in high.
Topic: Trading Tips for Beginners - page 7. (Read 5244 times)
The best thing is to learn the market first. See how other people are trading. Learn from them and from their mistakes. Cryptocurrencies does not follow the traditional economic/market laws.
Make sure before investing on a coin its not a shit scammy coin which are just used for dumping and pumping. Most of them are just clones of currently existing markets.
Make sure before investing on a coin its not a shit scammy coin which are just used for dumping and pumping. Most of them are just clones of currently existing markets.
Do's:
* Read and understand the coins in which you are going to invest ( Strong Team , good advisers , well defined Roadmap and Funds raised in ICO )
* Understand Market sentiments ( read world wide Crypto news , join trading forums and join each coins reddit page )
* keep your funds in decentralised wallets ( Myetherwallet , etc )
* Trade in well reputed exchanges ( Binance , bittrex , coinbase , etc )
* Understand the indicators and learn to analyse it ( not necessary if you are an investor but most important if you are a trader )
Don'ts:
* Avoid investing in ICOs as they are very difficult to analyse.
* Avoid becoming a part of any pump dump group.
* Never leave your coins on exchanges
* Do not sell or buy in panic
* Read and understand the coins in which you are going to invest ( Strong Team , good advisers , well defined Roadmap and Funds raised in ICO )
* Understand Market sentiments ( read world wide Crypto news , join trading forums and join each coins reddit page )
* keep your funds in decentralised wallets ( Myetherwallet , etc )
* Trade in well reputed exchanges ( Binance , bittrex , coinbase , etc )
* Understand the indicators and learn to analyse it ( not necessary if you are an investor but most important if you are a trader )
Don'ts:
* Avoid investing in ICOs as they are very difficult to analyse.
* Avoid becoming a part of any pump dump group.
* Never leave your coins on exchanges
* Do not sell or buy in panic
Trade in coins that you believe in, so that if the market does tank. You hodl it and wait for it to come back instead of panic sell.
To learn, look for coins that have the potential to go up and buy a coin at a low price then sell at a high price or after earning a profit, start with a small amount first my advice for beginners is to find a good market and observe the movement
Be positive all the time and make that mistake as your learning experience as in that way you will grow as a trader, never quit easily, it's a long journey.
Trade in coins that you believe in, so that if the market does tank. You hodl it and wait for it to come back instead of panic sell.
To learn, look for coins that have the potential to go up and buy a coin at a low price then sell at a high price or after earning a profit, start with a small amount first my advice for beginners is to find a good market and observe the movement
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.
just a small tips READ A LOT.in this community only the readers and the learners make success,specialy in trading whos the riskiest and the hardest way of making profit,here many aspiring traders fails and withdraw the willingness to gain because of lack of knowledge about trading and just entered without knowing the ins and outs 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.
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.
there are many tutorials for beginners in youtube and i think it can help you a lot. trading is risky and you do not always win. Its like a high risk high reward play since money comes easy when you know how to do this. Do not afraid to commit mistake because it is part of development, you need to learn from mistakes. Also do not use your emotions while trading, think many times before you decide so that something unnecessary will not happen. You need to keep doing trading because it is the experience that matters, you need to know how something works and you need to be familiarized. 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.
Have a reason before entering each trade, Target and stop when starting a trade, Meet FOMO (fear of missing out), Risk Management: little pig eats a lot, big pig gets eaten. The underlying asset creates volatile market conditions: Most Altcoins are traded according to the Bitcoin value, Tips for trading Altcoins: Most Altcoins lose their value over time. They simply bleed their value away slowly (sometimes rapidly).
I guess that's some tips for trading
I guess that's some tips for trading
Beginners are paying attention to telegram pump groups and this is a huge mistake for them. Nobody gives you tricks about exchanges. Nobody would help you earn more money. This is the biggest mistake they make.
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.
Here you will get step by step guideline how to invest/trade - http://www.hashtaginvesting.com/blog/2018/2/3/investing-guidelines-for-beginners-where-to-begin-when-started-investing-in-2018
Have a reason before entering each trade, Target and stop when starting a trade, Meet FOMO (fear of missing out), Risk Management: little pig eats a lot, big pig gets eaten. The underlying asset creates volatile market conditions: Most Altcoins are traded according to the Bitcoin value, Tips for trading Altcoins: Most Altcoins lose their value over time. They simply bleed their value away slowly (sometimes rapidly).
I guess that's some tips for trading
I guess that's some tips for trading
I think the first thing you should find out is the coin you are going to trade on and of course you have to be patient to wait in a long time with your profit from the coin you buy.
Normally,one should first learn trading and then start doing it. You can seek help from your elder who do trading. Else you can search on Google or youtube also.I will suggest you to trade with that amount which you can afford to lose.So it will be better for you to start trading with small amount.Best if luck mate. First what you need to have is knowledge how Bitcoin works and what it is. After that you need to be in touch with news about it
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Learn to learn, good ideas!
in my opinion not only learning is needed as a trading, in order for us to become a successful trader I think that experience is very important for a trader, and patience for success is not easy for people who are new in the world of currency trading crypto
I think we need to keep practice because with practice, we can familiar to analyze the coins, we know when the time to buy and sell, we can predict where the line wants to go and else. first, make a target buy and sell and determine how much percentage that you want to reach and then place a target order. don't expecting to reach more than 50% profit if the coin is not moved so fast but getting 10% steady profit is better and we can do over and over and our profit will bigger than 50%.
Start a trade only when you know why you’re starting and have a clear strategy for afterwards. Not all traders make gains from trading, since this is a zero-sum game
Learn to learn, good ideas!
in my opinion not only learning is needed as a trading, in order for us to become a successful trader I think that experience is very important for a trader, and patience for success is not easy for people who are new in the world of currency trading crypto
Knowledge is the most important you have in trading, if you want to master trading you need to have experience first, and losing money is one of the experience you will get,that's part of trading just put the money you can afford to lose.
My number one tip i give is master your emotions. because if not different kinds of emotions will devour you while trading which may affect to lost trades or worse quitting.
of course, patience is actually the key to being a successful trader, we must be patient when trading, if you do it with uncontrolled emotions, not the profit you can later on, and the more you often do trading then we will be the experience and will smart in managing trading strategy
Learn to learn, good ideas!
in my opinion not only learning is needed as a trading, in order for us to become a successful trader I think that experience is very important for a trader, and patience for success is not easy for people who are new in the world of currency trading crypto
Learn, learn and learn. That is what you need to become a good trader because if you are just getting started then there is a higher chance that you don't know the basic of trading so if i were you, i will invest some of my time in studying about trading by reading here in our forum and doing research on different search engines and that is how you will become a good trader.
Education in the process lot learning is a must when it comes to trading because just like how Bitcoin system develops that fast it's system through trading transaction and investment is constantly changing. So we need to upgrade or development ourselves in terms of having a way to earn and to gain profit using trading.
Every one comes here and start trading but failed,now question arises why failed? Because no proper planning,no goals,no home work and no deeply research,no awareness of market,do not ready to take risk.
If want successful trade make prepare yourself regarding above mentioned point you will win.
If want successful trade make prepare yourself regarding above mentioned point you will win.
Weather local or international mareket/exchange, you will be doing it online so the geographical location doesn't matter . The reliability of the exchange weather local or international is the most important features to watch.
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