Topic: Trading Tips for Beginners (Read 1019 times)

First of all, I recommend beginners not to be greedy and take profit, use reliable sources of information and switch to decentralized exchanges to save their money

   There`s a reason behind every price rise and price drop. When you start to understand the reasons why price rise
or drop you will start to make some profit.
   I think OP just was lucky with his investment in Electroneum. I expected price to rise, but not so fast. I`m long-term
holder and I have Electroneum`s for holding. Beginners should now that every short-trade have risks, price don`t do
what we want every time.

 Have a reason before entering each trade. Target and stop when starting a trade: for each trade we must set a clear target level for taking profit and more importantly, a stop-loss level for cutting losses. A Stop-loss is setting the level of loss where the trade will get closed. Risk Management: little pig eats a lot, big pig gets eaten.

One good trading point is to never trade over when the market behaves like it did today because that will lose you lots of money, just trade when you can be more confident about your market predictions.

I believe that if you start trading and enter the market, I believe that in this time you should only invest in the short term, you can see that the market in recent days is constantly fluctuating. And it's hard to predict, so you always need to have a clear transaction plan that complies with your plan so you can reduce the risk.

Thanks for the useful info!

The best tip for beginners is to invest in those coins which are valued more and livest half of your money in these assets the rest have invested in the actions which technology you like also read the white paper and the website before you start investing

If you hold, the price of each coin will increase. Because every day our inflation is rising, where the price of the dollar decreases Bitcoin prices are rising. Your example is a lot better. But one thing, buy good coins or to check the market, buy coins that could be good for the future.

For a beginner, there should be one only mantra that you should recite before making any move in the cryptocurrency market and if you are not a big whale and then its better to stay away from the volatility, for this reason it is best to start with those coins which have a daily trading volume of at least 100 million.

trading tips for beginners seems like you should have good knowledge about the world of cryptocurrency so that when you are trading should be able to know the time of trading to buy coin and sell the right coin.

if you are a beginner trader the first thing you should know is how to analyze the coin and see the market movement because if you miss those two things you can not become a successful trader and you also have to be patient

Using a few dollars does not matter because if you are really a great trader then you will know when to invest or sell your coins, the reason why most of the traders in the market who are holding a huge amount of coins are just like throwing up their money, is because they cannot take the pressure when the market prices are dumping and they sell their coins at the lowest price.

Trading is not to easy. So you know before invest. Time is important of the trading process. So time to acct and time to complete the trading. It connect the all country people. So people easy to share more information. So find the below mention point. It help for plan to work and plan to invest.

1) Respect risk

2) Take care of yourself

3) Never risk too much capital on one trade.

4) Don’t limit day trading to stocks.

5) Don’t second-guess yourself but do learn from experience.

6) Adjust your profit expectations

This is so true! It's also something that each and every beginner need to remind themselves in order to grow their money. In my personal opinion, never buy due to FOMO, what goes up must come down. HODL is a virtue! Of course there's time, but it's the initial goal those newcomers.

I think when the coins will grow in the next few days, it's almost impossible to tell with more than one notice every hour, you pretty much have to stay ready and always watch the market for coins that were not on the previous radar. . Remember to never organize single sell walls; divide by several prices, the lower the amount at each price, the higher probability that you have will be sold. Try to stay below 0.10btc per price on high-volume coins and 0.05 btc on lower-volume coins, might suggest to spread it intentionally so that you get your initial investment back early and still have free coins to play.
I suggest, you should have an actual analytical base on facts and concrete evidence that will show fluctuations in trade, if not all of them are nonsense. There are long games for example, 40% Long Term, 25% Medium Term, and 35% currency in hand for quick flipping. If you are looking to take advantage of a small percentage (1-10%) profit with many trades with a decent amount of bitcoin, there are coins designed for that purpose only (do your research). The short-term + 5000% gain, ironically, requires a little medium-term strategy. I usually do not recommend putting lots of coins on all of these at once; You may lose your money or frighten the pump. Accumulating gradually with small amounts that will not make the price fluctuate a lot and keep silent, the more people you tell about it will probably destroy your investment, it's best to do this so you know if it's stable enough, observe.
If you see pump activity, add more at the right price before take off.

It is important for beginners to test the waters of trading with funds they can afford to lose or else they may run in to debt that will crumble their lives on their way to be financially independent!

I strongly advise beginners to not only buy and hold because buying and holding is not the best option at all times especially if the one you buy is a scam coin that will become a shitcoin. My advice for beginners is to buy and hold only when the market is in red and if the particular coin you want to buy has the potential for growth. Remember to never set up a single sell wall divide by multiple prices, the lower the amount at each price, the probability that the higher you have will you sold.

A beginner must continue to learn and never give up if he fails. A failure in trading is an unpleasant thing, but if calculated then it will make us have more and more experience. For a beginner then I strongly advise to be able to trade with minimal money, the initial goal is we are not to seek profit because at this early stage we specify is an experience and also skill.

With good experience and skill then we can start trading with much better, success will be getting closer and we are all on track to achieve a much better life.

You are lucky, you learn so fast. But i'll not suggest you on invest in ICO, better to invest in exist altcoin that looking good in potential. But the best way for begginer is holding. Don't try to day trade if you have no experience.

For a new trader it is even very important to learn the use of indicators, know how to study the market movement before making any decision and this would help most people to take calculative decisions than just buying and selling anywhere they want. Everyone wants to become a trader since they have heard you can be making a lot, but not everyone wants to learn and this is the reason why there would be more people losing a lot at the end of the day. Learning must be the first part of trading because that alone will ensure successful trading career. When we are unable to allocate time for learning, it would be much better staying away from trading completely.