Trading Tips for Beginners - page 8.

Kupid002

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Quote from: salterious on February 16, 2018, 02:26:20 PM

Quote from: Glydel1999 on February 16, 2018, 12:52:32 PM

Me as a trader for almost one year, I always tell to myself that I should always take a wide range of critical thinking. In every transaction that I made, I always consider all things in order to make up some backup plans that will cover future losses.

Game plan is a great place to start but prior to that you need to have proper bankroll and emotion management. In terms of bankroll make sure you can afford to lose what is yours (never take a loan) and emotions never trade based on a "feeling" or "FOMO" those will kill you. Trade with a real game plan and execute it regardless of what your emotions at the time say.

do what will be the best for cause making some decision that are truly may you to the way that are may fit with so better to make some plan for what you are able to do with.

butcherme

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Quote from: saleenasmith on October 16, 2017, 07:59:34 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.

I am actually new here, however, I have learned some few things just based on my research, observation and experience. As a trader, I usually avoid mainstream coins because the reason why they are profitable is just because they are famous and hyped by other traders. A lot of people lose of money because of FOMO, diving in during the peak and selling during the dip. You must also do your own research before investing, current events, issues, holidays affect market price so be cautious of it.

ngavanngo22

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OPEN GAMING PLATFORM

If you don't want to lose your money in trading at first you need to learn a lot about trading before start then you need to collect the news related to cryptocurrency everyday cause these news affect a lot to cryptocurrency price. After that you should remember this important thing, never put all your money in just only one coin, you should reparate your capital in at least 3 or 4 coins. And the last one is cut your loss right time

G00DFe77a

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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.

salterious

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Quote from: Glydel1999 on February 16, 2018, 12:52:32 PM

Me as a trader for almost one year, I always tell to myself that I should always take a wide range of critical thinking. In every transaction that I made, I always consider all things in order to make up some backup plans that will cover future losses.

Game plan is a great place to start but prior to that you need to have proper bankroll and emotion management. In terms of bankroll make sure you can afford to lose what is yours (never take a loan) and emotions never trade based on a "feeling" or "FOMO" those will kill you. Trade with a real game plan and execute it regardless of what your emotions at the time say.

zhdmil

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Activity: 94

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To overcome price volatility, use small and evenly positioned sizes. At least divide the value of the assets to be traded at least buy 5 crypto. The rule of thumb is as follows:
For small trades then the purchase price is not more than 100-200 US dollars per crypto. Big trading can peg between 500-1000 US dollars per crypto.
For each digital currency, buy when the price is down.
In getting profit, the safest value ranges from 3 to 5 percent per crypto, and stop lost -5 percent. Professionals can get a profit greater than this value.
Do not buy crypto that is soaring or rising above 20 percent.
Do not ever take the risk by investing more in one crypto, the risk of losing is much greater.
And do not ever borrow money to invest in cryptocurrency, use the funds as they are without having to pawn goods let alone borrow.
Be patient and not greedy, normal trading is usually accompanied by luck by taking profit is not excessive. The range is 5-10 percent.
The more you divide the investment assets into different types of digital currencies, the less risk of losing money. No trading is without risk, but can be overcome with patience and without greed. If all the coins are down, then there will be coins that will quickly rise so that it can cover other coin losses.

Glydel1999

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Me as a trader for almost one year, I always tell to myself that I should always take a wide range of critical thinking. In every transaction that I made, I always consider all things in order to make up some backup plans that will cover future losses.

rhodelmabanal

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Buzz App - Spin wheel, farm rewards

Be sure you know fluctuations, signals isn't good to know the price when to sell. I advise you to research a lot do an observation first, as a new trader you know that learning a new course might risk, how even when you trade like a rookie it put your coins un danger. Since I watched some YouTube videos, subscribe in HitBTC they might teach you to trade and likely to monitor the prices.

bstewart

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My best tip is to stop "trading" altogether. Buy into a project with a good team and just hold your tokens from there. I've made too many mistakes trading when I could have just held on and made bigger profits.

One of my mistakes was trading antshares (now neo). If I would have held onto antshares, it would have been much more profitable.

Webberson

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Different strategy is applicable to different individuals, which is why Mr. A's way of trading might be different from B's. But there are some basic things a trader should adhere to, like investing the money you can path with and not to trade with emotions.

sarmrakib

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Quote from: saleenasmith on October 16, 2017, 07:59:34 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.

It is true that trading is so difficult. And also trading is not easy for newly trader. However it is so possible to earn a lot from there. You want to know abou Do's and Don't s. I ma saying frm my experience

Do's :
* Please read all news about related coins.
*Try to get the chart.
*Keep patience always
*Make a small investment first.
*Always try to understand the market behave.

Don't s:
* Don't be panicked to sell in loss.
*Don't invest your full amount in one coin.
*Don't trade on short time trading first.

I just shared my experienced please be careful on trade and do it on your own risk.

Danglen1010

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The best thing that I want to share is when I start as a beginner. I read some articles and watch tutorial videos on youtube through this I can enhance and nurture myself in trading to make a better decision in trading

yacare

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In CryptoEnergy we trust

To trade it a task not from simple, it is a big and hard work. A lot of knowledge in the field of cryptocurrencies, patience is necessary. Having seized these skills it is possible to become the excellent trader

mulukey

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Invest in altcoin valued at under $ 1 and be in the top 100 altcoin on coinmarketcap on volume trading. The altcoin is often easy to raise prices in a short time. Invest when the market falls deep, buy and hold within a week you will see results. I have helped many new entrants to the crypto market in this way and it is quite effective.

cepedacharles

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Trading is all about knowledge in the market field and patience. Panic selling or buying is quite detrimental in profit and loses. At the same time being knwoledgable about the stock or whatever you are trading in is always helpfull.
Get yourself used to whatever you are trading in. For eg. if its bitcoins then get to know more and more about bitcoin, how it works, what are the potential reasons of its rise and dip, what makes it so popular and stuff like this. Then choose a good and trustable platform for trading, research about it and then get into trading.

tsat

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You can use support and resistance levels

zanezane

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Quote from: ipanks on February 08, 2018, 02:38:13 AM

Quote from: mininghubby on February 07, 2018, 10:20:02 AM

I think beginners have to start with bitcoin and some good altcoins. Since last one or two years so as you said for the beginners it is better to start from Bitcoin and slowly learn how market fluctuate every day. Because altcoin prices are not so stable and it can move up or down very fast and as a beginner.

it is too difficult if he starts with bitcoin because bitcoin is too volatile to him and he needs to learn more about bitcoin and I think he could start with altcoin, especially with the cheap price. maybe he can start with cheap price and with fast moving so he can start to make his own profit. there are many altcoins with cheap price and just make sure to buy at lower price and sell when the price increases later.

How about if he just hold bitcoin like for short term trading? Personally, I would suggest bitcoin for beginners as we all know how it behaves in the market unlike altcoins that we're unsure its movement. And the fact that its high volatility can give us a good return.

ipanks

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Quote from: mininghubby on February 07, 2018, 10:20:02 AM

I think beginners have to start with bitcoin and some good altcoins. Since last one or two years so as you said for the beginners it is better to start from Bitcoin and slowly learn how market fluctuate every day. Because altcoin prices are not so stable and it can move up or down very fast and as a beginner.

it is too difficult if he starts with bitcoin because bitcoin is too volatile to him and he needs to learn more about bitcoin and I think he could start with altcoin, especially with the cheap price. maybe he can start with cheap price and with fast moving so he can start to make his own profit. there are many altcoins with cheap price and just make sure to buy at lower price and sell when the price increases later.

mininghubby

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I think beginners have to start with bitcoin and some good altcoins. Since last one or two years so as you said for the beginners it is better to start from Bitcoin and slowly learn how market fluctuate every day. Because altcoin prices are not so stable and it can move up or down very fast and as a beginner.

BobBct

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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.

Topic: Trading Tips for Beginners - page 8. (Read 5252 times)