Trading Tips for Beginners - page 5.

layoutph

sr. member

Activity: 1372

Merit: 255

I admire your buying strategy in ICOs. The only risk part is when the ICO turned out to be a scam. Or did not met the target softcap. I am planning to join a crowdsale , still thinking what ICO to join. First it must be top rated in ICO bench, Icorating. Next a visible team that show themselves in a press conference.

Quote from: qmclak on May 30, 2018, 02:11:13 AM

Hello Everyone

I'd like to share some trading tips for beginners.

When I start investing on cryptocurrencies I only use few dollars.First time I have invested 0.008btc (6400ETN)on Electroneum ICO.And when electroneum gets listed on cryptopia I sell my ETN at 0.00001200sat each ( 0.0768BTC) My money was doubled many times over.So after I sold my 6400ETN at 0.0768BTC I bought some undervalued coins like XLM,XVG,XBY,DGB.I diversify my porffolio for each of them.So far I have earn a lot from these coins multiples times.I bought XLM at 300sats,XBY at 250sats,XVG at 200sats and DGB at 150sats.See much profit I get now.But I'll suggests it's safer for beginners to hodl.Buy and Hodl.I hope my tips could help for beginners.

Thank You,
____________
qmclak

amih

member

Activity: 308

Merit: 17

The coin of any kind that you will start to do the most important trading activity is you must be more selective in choosing coins that have good potential for trading. so I mean you should do some research first before starting trading activity other than that of course you should start with small amount so your risk will not be too big.

alminium

jr. member

Activity: 112

Merit: 1

That your experience can affect and encourage most of us to not only stick one to two coins but to diversify by buying some potential coins that can benefit you at the right time. But as they say, you can agree, divide your long-term and short-term investments are very useful in gaining targeted profits. Well the selected coins really went well when the green market happened late last year, the coins that really grew a lot and brought the investor a huge profit patience.

supermine

hero member

Activity: 826

Merit: 518

Quote from: Namal Harshana on June 01, 2018, 09:00:11 AM

Thank for your advice. I'm so a beginner for trading. I had invested small bucks on a trading site. like few dollars. Bought some coins and waited for mooning. But it did not happen Undecided

.Dit not get any profit from it. After that, I have moved to bounties and from that, I have earned nearly $500 cost ETH.I want to trade using that amount in Forkdelta. please help me to find good coins trade on forkdelta. Is this a good idea or should I HOLD my ETH?

Holding ethereum for long term can give us profits but trading with that amount is very good to make some decent money in short term but it is not easy you need skills.First of all choose the coins and then pick the exchange because the price will vary on different exchanges.So go to the coinmarket cap site and then pick the good coins the top ranked coins are best for the beginners and pick the cheap coins if your budget is low.And then choose the exchanges,you can get list on CMC too.

Namal Harshana

member

Activity: 139

Merit: 10

Thank for your advice. I'm so a beginner for trading. I had invested small bucks on a trading site. like few dollars. Bought some coins and waited for mooning. But it did not happen Undecided

.Dit not get any profit from it. After that, I have moved to bounties and from that, I have earned nearly $500 cost ETH.I want to trade using that amount in Forkdelta. please help me to find good coins trade on forkdelta. Is this a good idea or should I HOLD my ETH?

supermine

hero member

Activity: 826

Merit: 518

Quote from: qmclak on May 30, 2018, 02:11:13 AM

Hello Everyone

I'd like to share some trading tips for beginners.

When I start investing on cryptocurrencies I only use few dollars.First time I have invested 0.008btc (6400ETN)on Electroneum ICO.And when electroneum gets listed on cryptopia I sell my ETN at 0.00001200sat each ( 0.0768BTC) My money was doubled many times over.So after I sold my 6400ETN at 0.0768BTC I bought some undervalued coins like XLM,XVG,XBY,DGB.I diversify my porffolio for each of them.So far I have earn a lot from these coins multiples times.I bought XLM at 300sats,XBY at 250sats,XVG at 200sats and DGB at 150sats.See much profit I get now.But I'll suggests it's safer for beginners to hodl.Buy and Hodl.I hope my tips could help for beginners.

Thank You,
____________
qmclak

I don't consider this as a trick or tip this is just your experience on trading but those prices will never come again so it is impossible to make profits like as you made.Investing or trading on thise low value coins are more risky because it is very hard to predict the how the market will goes because some coins will go to moon and others will buried into the gorund so it is just a luck that you picked up the right coins.

nahotachikwem

jr. member

Activity: 224

Merit: 1

wow! Thanks for sharing.

BTCITA187

member

Activity: 1176

Merit: 14

Quote from: qmclak on May 30, 2018, 02:11:13 AM

Hello Everyone

I'd like to share some trading tips for beginners.

When I start investing on cryptocurrencies I only use few dollars.First time I have invested 0.008btc (6400ETN)on Electroneum ICO.And when electroneum gets listed on cryptopia I sell my ETN at 0.00001200sat each ( 0.0768BTC) My money was doubled many times over.So after I sold my 6400ETN at 0.0768BTC I bought some undervalued coins like XLM,XVG,XBY,DGB.I diversify my porffolio for each of them.So far I have earn a lot from these coins multiples times.I bought XLM at 300sats,XBY at 250sats,XVG at 200sats and DGB at 150sats.See much profit I get now.But I'll suggests it's safer for beginners to hodl.Buy and Hodl.I hope my tips could help for beginners.

Thank You,
____________
qmclak

Of course what you described there is good, but I think in real life it does not happen. Well maybe that could happen in 2017, if you started investing until November 2017. Now it is not so easy to get x2 with ICO, moreover, half of those where I invested have not yet listed to exchanges. By the way, I doubt you left the game so easily. All who trade here or on the stock exchange know what a habit of the game is formed. It is simply impossible to leave. You can came into the game easy, but to come out without losses is obtained very rarely. Plus for beginners it is unclear why you took these or other coins? What prompted you to buy certain tokens. I think just a list of success is not so useful for beginners.

burnah0928

newbie

Activity: 294

Merit: 0

Quote from: theyoungmillionaire on May 30, 2018, 03:53:18 AM

Trader’s viewpoint:

I suggest, you should have actual analysis base on facts and concrete evidences that will show a fluctuation of trades, otherwise it is all bullsh*t. There are long game e.g., 40% Long-Term, 25% Mid-Term, and 35% on-hand currency for quick flips. If you are looking to capitalize on small percentage gains (1-10%) by trading a lot with a decent amount of bitcoin, there are coins designed for just that purpose (do your research). As for those short-term 5,000%+ gains, ironically, that requires a bit mid-term strategy. I do not usually advice putting a bunch of coins on these all at once; you will likely lose your money or scare off the pumpers. Accrue gradually with small amounts that will not make the price fluctuate much and keep in silent, the more people you let know about it will likely smashup your investment, best to do these so you know whether it's stable enough, observe.

If you see pump activities, put more on right price before it takes off. When those coins that are going to sprout up in the next couple of days, most are nearly impossible to tell with more than an hourly notice, you pretty much have to stay ready and always observe the markets for coins that were not on the radar beforehand. Remember to never set single sell walls; divide it up on multiple prices, the lower the amount on each price the higher probabilities you have of it being sold. Try to stay under 0.10btc per price on high volume coins and 0.05btc on lower volume coins, might suggest spreading them out deliberately for you to regain your original investments early on and still have free coins to play with.

Wow! This is very helpful. Thank you for sharing this knowledge to us!

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: qmclak on May 30, 2018, 02:11:13 AM

Hello Everyone

I'd like to share some trading tips for beginners.

When I start investing on cryptocurrencies I only use few dollars.First time I have invested 0.008btc (6400ETN)on Electroneum ICO.And when electroneum gets listed on cryptopia I sell my ETN at 0.00001200sat each ( 0.0768BTC) My money was doubled many times over.So after I sold my 6400ETN at 0.0768BTC I bought some undervalued coins like XLM,XVG,XBY,DGB.I diversify my porffolio for each of them.So far I have earn a lot from these coins multiples times.I bought XLM at 300sats,XBY at 250sats,XVG at 200sats and DGB at 150sats.See much profit I get now.But I'll suggests it's safer for beginners to hodl.Buy and Hodl.I hope my tips could help for beginners.

Thank You,
____________
qmclak

These are not useful tips on how to trade safe. You're just throwing some coin names in here. How did you know that these coins where undervalued? If this should help people who are new into trading describe your analysis and methods.
It's right that you only should start trading with a minimum amount of money which you can afford to lose.
But instead of going through all the technical analysis stuff before you trade, some basic understanding of overbought and oversold market conditions would be good, you as a newbie could also start with swing trading and simple crossover strategies. That's what most people start with and then they learn more and more about TA, market cycles, sentiment etc. the longer they are into trading. This is learning by doing.

Dreamchaser21

full member

Activity: 686

Merit: 108

Quote from: carter34 on June 01, 2018, 03:46:24 AM

Quote from: ?? on ??

Don't sell your coins without any profit. It's time to buy and hold. I think Crypto will pump soon. ✌✈

I equally suggest this to hodlers. The market is recovery and taking shape ,so investors should be patient, hold more of altcoin even

This is a great tips for beginners, don't listen to the noise easily without realizing the real situation of the market. Buying low and selling high is an easiest thing to do with the market, but since this market is highly volatile you emotion can be crucial. Be patient, and don't rush to have some profit especially in a dumping market.

imapd

member

Activity: 173

Merit: 10

cave canem!

One of the hint I would like to add is that if you would be very greedy there is significant chance to loose eveerything in this market pal.

jlong187

member

Activity: 255

Merit: 10

Great tips man, thanks! I would also say, what was helpful for me some days. - Dont regret your loss long, just get up and continue to work!

carter34

member

Activity: 1302

Merit: 25

Quote from: ?? on ??

Don't sell your coins without any profit. It's time to buy and hold. I think Crypto will pump soon. ✌✈

I equally suggest this to hodlers. The market is recovery and taking shape ,so investors should be patient, hold more of altcoin even

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

Not all traders are lucky, some traders start trading badly and decide to quit.
I think this is a matter of perseverance and talent. mental problems and emotional control.

richcorner100

full member

Activity: 616

Merit: 100

https://exip.live/

Its very important to lock some profit to the fiat, because all crypto has high fluctuacion. After make huge profit for the better dont be greedy and withdraw some profit to the fiat and keep some of them to USDT for buy others coin when any good moment for that.

nydiacaskey01

legendary

Activity: 1834

Merit: 1036

Quote from: Kemarit on May 31, 2018, 01:00:28 AM

Cool story. I hope you put inspiration on others who wants to get their hands "dirty" on crypto trading. I have the same strategy as your before, I bought a coins around $60 that time and soon it was pumped hard and my money was doubled in about 3-4 days!!! I said to myself that indeed there's a lot of money to be made here. So I sold everything that time at at $120 I spread it out on undervalued coins and sell when I doubled or tripled my investments. Maybe we just got lucky and bought coins that gets pump, but I also suggest to study further on the coins that you wanted to invest because not everyone can have a success story.

Doubling your money in 3-4 days and doubled or tippled the value of your money after that is luck. It just happened hat you bought the right coin at the right time and sold it at the right time as well. Trading is more on timing, analysis and luck.

If you see a coin that is being pumped, don't bother to follow or buy and join the ride because it might be too late when you buy. Its correct that you look for those hidden gems, look for those who are currently under valued and set Sell order with an achievable profit and wait for it. As I've always said on my previous post, going with 2% to 3% profits in a day is better than waiting for 30%-50% profit but takes more than a month to achieve and its risky.

gandhe83

member

Activity: 266

Merit: 10

Quote from: CryptOliver on May 31, 2018, 04:59:26 PM

It's only about the time, if you start faster, you will learn faster and know what trading is. The main technique maybe just want to give you advice to invest in bitcoin or another top coin that lead you to long term investment. You can start by invest on bitcoin. If you known what trading is, then you can try what daily trading is slowly.

Buying Bitcoin is a good start to enter the market as it is less risky for your investment. I advise newbies to invest some money in the beginning because it's time to learn from experience in this market, once you know the rules of the market, invest more. Have a detailed investment plan to stay active in the market.

makolz26

sr. member

Activity: 714

Merit: 254

Quote from: CryptOliver on May 31, 2018, 04:59:26 PM

It's only about the time, if you start faster, you will learn faster and know what trading is. The main technique maybe just want to give you advice to invest in bitcoin or another top coin that lead you to long term investment. You can start by invest on bitcoin. If you known what trading is, then you can try what daily trading is slowly.

That is right, it is a matter of time and how we are going to let our self do trading, we just need to make it a habit to learn new things especially in it, if not then we would be having a hard time doing trading at all, so before investing we need to invest time first.

CryptOliver

member

Activity: 83

Merit: 11

It's only about the time, if you start faster, you will learn faster and know what trading is. The main technique maybe just want to give you advice to invest in bitcoin or another top coin that lead you to long term investment. You can start by invest on bitcoin. If you known what trading is, then you can try what daily trading is slowly.

Topic: Trading Tips for Beginners - page 5. (Read 1000 times)