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Topic: Want to get into trading, please help! (Read 1096 times)

hero member
Activity: 1568
Merit: 502
September 08, 2016, 10:36:49 AM
#23
Thats great thing, trading is one of the best way to earn smart income with profit. But for that it need basic initial investment.

There are many cryptocurrency trading platforms are available which safe, secure and trusted by millions. While trading trader must have to understand basic things as reading chart, understanding chart, because if trader learn to read chart then there is nothing to lose.
legendary
Activity: 1036
Merit: 1002
September 08, 2016, 08:45:39 AM
#22
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin
If you have friend who uses bitocin too then ask him for a loan so that you could have some capital to start trading because in trading you need a capital because sometimes the coin to buy is not that instantly boost that the price will pump that easy sometimes it takes months or week before that happen.
hero member
Activity: 1568
Merit: 502
September 08, 2016, 08:30:35 AM
#21
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin


Well trading is real business. To start trading trader must have to understand basic of trading. YoBit, C-Cex, Poloniex, Coinexchange, Bleutrade, Cryptopia, Bter and few more are providing trading services for altcoins.
Among all cryptocurrency exchanger Bitcoin is Prime or master currency used to evaluate other altcoins value.

Trader need to learn and understand charts is very important. Because charts speaks everything that helps you to understand market very well.

On chart trader can get information of current market price for Buy and sell, Last price, 24 Hour High,  24 Hour Low, 24 Hour Volume , chart of 24 Hour, Week, 1 month, 6 Month and important Orderbook. every data is important to understand while trading.
full member
Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
September 07, 2016, 07:27:53 AM
#20
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

Basically just follow the rule, buy low sell high. I know its not easy than done. Expect that the price is unpredictable, so I suggest that dont put all your investment in one alt coin. And if you have time try reading some advance trading tip. Because you wont learn all of them here. There is a lot of it in google.
legendary
Activity: 3122
Merit: 1140
September 07, 2016, 06:07:26 AM
#19
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

i suggest you to start reading something about trading...
at least the basics like order type and understanding terms like commission, lippage and drow down.
the try to simulate your strategy with paper trading... to check how is strong.

forget to do easy money with trading...




reading  important informations  about trading    would be badly needed  if you are  deciding  to  do trading since its  not an easy thing to do if you dont have enough knowledge about it because  if you rush up into it  you wont  know what you would do and  surely your money would only go to  waste.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 07, 2016, 05:32:41 AM
#18
you can start to register with market exchange, and there are many option you can register with, for the example in poloniex, bittrex, yobit, c-cex, cex.io, cryptopia, and else.

if you have small amount, you can go to yobit or poloniex or bittrex. before you trading, you need to watch and see what coins that suit for you, and you need to know when the right time to buy the coins which is when the coins is reach the low rate, and you sell when the rate is up. don't expect to get much profit, but reach for stable profit first, if you can do it as easy, then you can scale up your trading amount and you can earn more profit.
hero member
Activity: 560
Merit: 502
September 07, 2016, 03:03:25 AM
#17
Don't trade altcoins, it requires a lot of time, dedication, knowledge about upcoming coins and existing ones.
You will do much better if you buy some bitcoin and sell it while high and re-buy while low.
hero member
Activity: 910
Merit: 511
September 07, 2016, 02:46:18 AM
#16
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

i suggest you to start reading something about trading...
at least the basics like order type and understanding terms like commission, lippage and drow down.
the try to simulate your strategy with paper trading... to check how is strong.

forget to do easy money with trading...


hero member
Activity: 959
Merit: 500
September 07, 2016, 02:45:35 AM
#15
The most important thing is that you do a thorough research before investing in any coin. Most new altcoins that come out don't last very long, don't be caught holding a bag of worthless coins. You can make money from pump and dumps but you need to know when to get out. Don't get greedy, don't push your luck.
As for exchanges, I've always preferred Bittrex over Poloniex but that's just me, I just like their interface better.

That is completely true.
Unfortunatelly I have not found a way to gather trustworthy information.
There are always the ones who want to push a currency, and others who want to drag it down.
I think the capability of differencing between good and bad information takes some time (years) of training.
Don't expect to be successful from the beginning. And don't risk more than you can afford to lose.
legendary
Activity: 1148
Merit: 1000
September 07, 2016, 01:01:21 AM
#14
The most important thing is that you do a thorough research before investing in any coin. Most new altcoins that come out don't last very long, don't be caught holding a bag of worthless coins. You can make money from pump and dumps but you need to know when to get out. Don't get greedy, don't push your luck.
As for exchanges, I've always preferred Bittrex over Poloniex but that's just me, I just like their interface better.
full member
Activity: 336
Merit: 100
September 06, 2016, 11:34:18 PM
#13
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin
in my opinion you should start with the whatsapp group of those persons who weekly or daily need btc to buy or sell . since in starting your earning will be small but after one month you will became also experienced trader like me . and then you can also trade with high profile site when btc price rise and grow .
sr. member
Activity: 378
Merit: 251
A Trader & An Investor
September 06, 2016, 11:27:29 PM
#12
hello there! What I would really want you to is, to spend a lot of time and effort to read and understand about the world of cryptos before jumping in. Never trust what others tell you especially when it comes to altcoins trading. You can find any users shouting buy this sell that in yobit and even in other sites, they just want you to buy their shit. In other words, they just want your bitcoin in exchange the shitty coins they hold.

Trade with a amount you can loose. You must have heard this a lot of time. The trick the moment you sent a certain amount of bitcoin to an exchange for trading, consider it as lost! if you can handle this feeling, then welcome to the world of trading.

Buy low sell high does work to an extend in cryptos. Just make sure you get you timings right. All the best!
sr. member
Activity: 350
Merit: 250
September 06, 2016, 11:13:31 PM
#11
I would recommend you to start your trading at yobit because it is best place where you can start trading with altcoins with pretty small amounts also.In the start use only satoshies to trade and try to learn which i am also doing right now and with experience we automatically get to know most of the things.
full member
Activity: 312
Merit: 100
September 06, 2016, 11:06:36 PM
#10
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin
Trading is risky way too but you can make money in trading by trading altcoins.My suggestion is research something in the altcoin that you want to trade.
xht
sr. member
Activity: 462
Merit: 250
hey you, yeah you, fuck you!!!
September 06, 2016, 10:00:02 PM
#9
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin
What we can help in the trade altcoin because any decision was taken by the trader  want to invest on what. try to find the news about the coin you want invest on it.
legendary
Activity: 1540
Merit: 1003
September 06, 2016, 04:12:42 PM
#8
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

To start trading firstly you should have a budget which I believe until now you could have 0.05 or more.

But any amount 0.01+ could work at the beginning to help understanding the trading concept, when to invest, when to sell.

For more I would suggest to follow this thread, there are many good answers: New to alt coin trading, Help
hero member
Activity: 700
Merit: 500
morir es descansar
September 06, 2016, 03:04:28 PM
#7
you can trade at poloniex and c-cex these two are good as they freeing there space from some shitcoins, trading in altcoin is good but you have to read more often because there are some coins that are shitcoins you have to know the coin that worths good.
legendary
Activity: 1190
Merit: 1000
no need to carry heavy money bags anymore
September 06, 2016, 02:55:24 PM
#6
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

Just to remind... trading is not always profitable so use only what you can afford to loose.

Nothing is quick and to become a successful trader you need have a lot of experience or be incredible lucky. Don't think anybody going to share his real good working strategy (I would definitely not if had any) and some users could even try to mislead and manipulate you towards their own profits, just be cautious.

I think you should first get some knowledge and catch the terminology by reading post dedicated to exchanges so you know what people are discussing. Then begin to trade using small amounts and see how the market works. Maybe later after developing your skills you can try automated trader e.g. CAT to increase your profits. 

Popular exchanges are poloniex.com yobit.net and bittrex.com

good luck
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
September 06, 2016, 05:32:09 AM
#5
In my view getting into digital currency trade is not risky, when you have a good amount to invest. Initially you could start with small amount and depending upon the way you get profited you need to decide whether to increase the investment or not. Also one important thing is that you need to have close observation over altcoins so to select the right coin to trade with.
legendary
Activity: 3472
Merit: 10611
September 06, 2016, 04:29:36 AM
#4
I want to get into trading with alt coins, and i want to know where to begin. Just looking to make some extra btc. Please help, thanks! Grin

start visiting the altcoin boards: the announcements and also the discussion and the new speculation board and read the topics there. but remember that not all of the topics are good and honest. most of them are trying to dump the bags they have been holding that is why they are advertising the coin.
in time you can learn how to read those and only use the ones that are useful.
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