Topic: >>> Trading tips for newbi<<< - page 2. (Read 1659 times)

You made a good initiative buddy.The most feasible one is,the new traders will buy bitcoin at very high price with their inadequate knowledge.They should train themselves to buy at very less price.In exchange,you should choose the least offer and buy at very low.So that you can get more profit from it.

We also have to choose a place for a good trade exchange so that we can quickly get profits without taking a long time, Binance exchange, Kucoin Huobi Okex and bibox I recommend for your trade and a little
My simple tip is to buy when the price drops and sell when you get a small profit. 
and next you have to stay relaxed don't panic when prices are down

Nice to see that you have gathered many suggestion .Hopefully it will help who are new in trading . My trading strategy is so simple to buy in deep and research the latest news well and do my trade .I always do trade on top coin and Top exchanges as well .

In my opinion, the most important personal factor in trading is looking at the volume of the exchange and the chart if we play trading with a fast model, we have to pay attention to the closing price of the day because we have advantages and expertise in trading respectively there are many people who want to get big profits at risk which is great but otherwise playing fast is safer. 

There are several important factors that must be answered in addition to the above tips if we want to choose coins for long trading or coin holding systems

1. INTERNAL FACTORS
Internal factors are factors that come from within the project, such as: Team and Products

2. FAKE TEAM
The Team Factor greatly influences the initial description of a project, the better the team that is in a project, the higher the trust in the community, especially the team that is part of the project is a very famous person and has undoubted experience.

3. FAKE PRODUCTS
Consumers of a product from producers, it is due to the use value that will be contacted by consumers of the goods they buy, as well as Project Products in the world of Cryptocurrency. The more useful a product that is produced by a project, the higher the level of interest of people (potential customers) to the project, which will have an impact on the community trust that I have mentioned in the "FACTOR TEAM" point.

4. EXTERNAL FACTORS
External factors are factors that come from outside the project, namely the Community

5. COMMUNITY FACTORS
If it is drawn to the most basic thing in a project in the world of Cryptocurrency, then it is not the internal factor that is the most influential, it is precisely this external factor that clearly determines it.

Yes altcoins trading is now a days known for manipulations. I'm not sure about inside people information, but people are forming a group and exchanging information for pumps and dumps. Traders who are not part of those group of getting trapped because they will not be aware of when they are going to dumps after inside people book profists from their early pumps.

Yeah, to be a reliable trading. We should be able to do an analysis of every coin you want to use or be used as materials for trading, for analysis can provide some of the views and also predictions about the future of these coins and can make us a better way of looking for the coins. Advantage indeed of things wanted by everyone, but if they only think of profit regardless of the process to be carried then it's just a nonsense and just give you a loss for them.. !!

Yes, people go for gambling just with the intention of making quick money, if we are entering into trading with the same intentions, then we will start trading in gambling way and will find the same gambling results.

I'm not finding any good way for making profit with altcoins except getting insider information. Because only people are in touch with devs are making profits in altcoin and others are facing surprises. Manipulations are easily being done with altcoin prices as their market cap and trading volumes are very less hence group of people are easily taking control of it.

1.3.4.5 is trading basic. so i not quote that.

about 2D, do u got any website can easily get the details?

about 2A, how can i find the create date of old coin?

thanks as im newbie on trade altcoin.

Well there are not many source informations about psychology trading especially on this forum and psychology trading is related with human brain, basiccally human brain is not made for investments or trading it is made for survive life in the world, my points in here related psychology trading, you must control feels greed and fears on trading activity.

thamk you for your trading tips,its very help me to learn about trading altcoin or btc.may you can give me a suggest about psychology trading?

If you are a newbie and wanted to try trading, all I can say is take it slow. How? Just try it using a small amount and see how it goes for you because you can't really learn without trying it by yourself. What I'm doing is choose a coin with an active market and do short trades there. I don't want to wait too long (imo it's safer) since the price might fall over and over instead of rise.

PS. @OP you have a good point as well

Not just in altcoin trading, even with bitcoin trading is we are aiming for earning fast, definitely we could not achieve that. First we need to understand how trading will work for us, trading will give profits time to time but definitely not on regular basis nor in quick time too. Yes, slow and steady progress along with gaining experience will be the right approach for beginners in trading.

If we look for quick profits, I am afraid then traders will not find no differences with their trading from gambling. Improper approach in trading will make your trading similar to gambling.

in my opinion the most important thing when trading as a beginner is to spend time and lots of it. the more time you spend learning trading by reading articles online or books it is better. you learn more. then you have to spend lots of time watching the market which is another important step. when you watch the changes and see how price goes up and down and how people react you gain more experience than you can hope for.

I agree, the best thing to do for a newbie before entering into the trading market is to learn more and more about it and do some researches and ask some experienced people before taking the decision of trading, but also you need to experience it on your own in order to develop your own strategy.

Buying old altcoins that have almost no proven track record is a bit like investing in penny-stocks.
You might pick one that will land you a good profit over time, if you're lucky.

But usually you have to be lucky to be able to sell it for the price you bought.
Always pick coins that have good trading volume and follow the development of said coin.

You can see on the graph, how the price of these coins have the highest price reached a peak. also, see the movement of the weekly or monthly. so that we know when buying these coins, whether has reached a peak or not. This is just what normally I do. but you are right, too, because the price is indeed difficult to guess. let alone the price of altcoin quite easily manipulated by certain people

I'm having experience of using third-party trading calls, but their success rate is just to below 50%. When one person is very good on technical analysis definitely he will not try to help you but he will try to use it for his own trading.

Same way we cannot expect those the research and analysis houses will provide you good calls for making you rich.

It is really good for newbie, Also you are doing very hard working for help the newbie. Especially in trading in the start everyone want to help to start the trade, the reason is that trading is not easy when we start it than we realize it is time taking work and need attention.

there may be less please tell a friend because I am also a beginner as well