what advice? - page 8. | Bitcointalksearch.org

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: davidroux on March 26, 2018, 08:15:12 AM

i think you should spend a little money from your budget to experience trading to get real lessons, real lessons will make you have knowledge about trading, also you need to learn how to control your emotions

For trading lessons one does not need to spend money to buy courses. Majority of youtube courses and all are shitcoin pumping schemes where shill make accounts to promote some specific coin and pump and dump it. While this can end up profitable for few people - those who join the market late are going to to lose initially and not something I would prefer because in the end it ruins your crypto trading experience.

I would suggest people to do research on altcoins and decide which coins to invest in. Then try trading on small capitals and watch which decisions were correct or wrong. Change decisions as per necessity and you will learn a lot of trading techniques.

brightLIFE

newbie

Activity: 93

Merit: 0

When tou are still beginner you need to control your self when it comes about money you need to start in small amount too, control your emotions and be prepared of what is the fact that there is always dump but hold my friend the timeof dump will come to an end and the next will be pump.

davidroux

sr. member

Activity: 625

Merit: 250

io.ezystayz.com

i think you should spend a little money from your budget to experience trading to get real lessons, real lessons will make you have knowledge about trading, also you need to learn how to control your emotions

d1ceplayer

sr. member

Activity: 686

Merit: 277

Quote from: Borisb52 on March 23, 2018, 04:18:32 AM

Quote from: 007 SHIELD 007 on March 19, 2018, 04:44:12 PM

i am new in trading . i want to start trading . what advice you should give me before i start in live trading?

My advice is to get training from a practicing trader. So you can save your money. Because at the start many beginners make mistakes. Because of these mistakes, they eventually lose their money. Well, the decision to take, of course, to you.

Guidance definitely matters. If you don’t know what to do in start of something how can you even make money out that investment. So better is to connect to someone expert in this field in which you are going to invest. Seek their guidance and note the points. Implement your strategy and cater these points in your plan. That must be fruitful enough for you to reach their goal.

Barbut

hero member

Activity: 1694

Merit: 502

★Bitvest.io★ Play Plinko or Invest!

Quote from: greensheep on March 25, 2018, 02:54:07 PM

easiest way is buy and hodl for the long run

That could be the safest way for making the profit, but long run is long waiting before you feel that profit. Trading is faster way to make some money, to start is easy but building trading experience will take your nerves. Endure, don't quit when its hard or with first loses. There are many ways to trade and make profit, if you are sitting all day at home day trading can be a good thing for you, if you don't have a lot of free time try with buying and holding for some time before selling is a good option, its what I do. Learning is the essential, you need to practice a lot, make mistakes and learn from them my friend, that is how anyone can become trader.

greensheep

member

Activity: 278

Merit: 44

easiest way is buy and hodl for the long run

shursight

hero member

Activity: 728

Merit: 500

This is not good to be honest, you do not need to make a fully research before trading a single asset, i mean, if you just lookup for everything, you might be very confused and a little sceptical before investing or putting money for a short term trade.

I do not know, i prefer to do it by my own.

Quote from: suzanne5223 on March 25, 2018, 02:48:18 PM

It good you ask this question, you know? Cause a lot of newbie have loose their investment into trading because they don't seek knowledge before jumping into crypto trading. I recommend you to always go for coin with good capital, nice historic data, available various exchange and be too greedy.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

It good you ask this question, you know? Cause a lot of newbie have loose their investment into trading because they don't seek knowledge before jumping into crypto trading. I recommend you to always go for coin with good capital, nice historic data, available various exchange and be too greedy.

carter34

member

Activity: 1302

Merit: 25

Quote from: ahtsham90 on March 20, 2018, 03:25:49 AM

The advice to you is to control your emotions. it is more important than technical and fundamental analysis if you cant control your emotions believe me you will end up losing all your money.

You have briefly said a very important point here because with all the best strategy, if a trader does not understand the market and how to control the emotions when market goes wrong, it could lead one to make drastic negative decision.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: Streamlink on March 24, 2018, 03:33:29 AM

Quote from: Rose119 on March 22, 2018, 03:38:03 AM

Quote from: 007 SHIELD 007 on March 19, 2018, 04:44:12 PM

i am new in trading . i want to start trading . what advice you should give me before i start in live trading?

There are many advice here for those newbie who want to start in trading you should read first. Having a knowledge is the best to have while you are in a start, and you should learn how to control your emotion.

Emotions and feelings have a strong hold in trading. Although it seems so unsuited with trading thing but these two are vital elements that are responsible for profits and losses. Although humans are more oriented towards emotions and they have good control over us but still if you want your investment best for you, you need to work out on making your mind strong who never slips over emotions.

Those who are involved in trading, for them it is highly mandatory to get a very good control over their emotions and sentiments because they may lead them to wrong decisions making them end up in big losses. In business, there is zero room for emotions. All deals and decisions making is done on the basis of facts and logics than generosity and mercy. Few yoga exercises give you good control over emotions.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: isaac_clarke22 on March 24, 2018, 10:00:22 AM

Quote from: JC btc on March 22, 2018, 09:15:34 AM

Quote from: ?? on ??

Just learn how the market behaves lately. Do you need to sell at high right now, as it is really in demand now or is it time to raise your capital yet before going to the real business? Like it is both opportunity and threat that you will be taking as you start your trading. You're gonna loss in your start and I guarantee it unless you have that good background before you get inside the trading. Use a trusted exchange site that doesn't have a severe issues due to hacks recently, but still be careful of putting your money into the exchange site as you're still not fully protected into it.

Risk is everyone that needs to be done here, yes we need to take risk in everything just like in trading and investing our hard earned money, but don't take risk in putting your money in an exchange without any further investigating what it is, so proper handling of your money is much necessary.

Yes. It is quite hard now to find a reliable exchange if you're looking for security . It could be popular and large exchanges like EtherDelta, I've been using previously but I learned that it was hacked not that long time ago. Handling your money ,which could mean by putting your wallet into safe storage like using hardware wallets or paper wallets, is much more applicable.

When it comes to decentralized exchange then Etherdelta is quiet popular but we do know that they are really far off behind with top most exchanges in the market now like bittrex and poloniex but i do agree on the thing that we shouldnt really put up our big funds on exchanges because of tendency on getting hacked.Back to topic, knowing trading would be not as easy as it sounds and informations are already on the internet which searching up things on google will really help you out.

Hui8

sr. member

Activity: 602

Merit: 259

Just jump in and start doing the trades. You are your own master and only you know where you can mistakes. I am great believer of self learning and when it comes to trading who can tell more about your emotional decisions and fears that can take over your decisions. I mean come on, if I'm making any trade and there is a method which states me that you have to sell when the coins are dumping but my mind says no this coin is good and it's worth holding then what would you do? You will sell or you will hold? Off course it has to be hold because you know about the coin in detail but the method is just framework of different steps. That's why believe in yourself and jump in bro. That's the best advice.

oli123

full member

Activity: 644

Merit: 100

From my point of view, I would start trading with a smaller amount, which when you lose, you will not miss it. Watch prices on the stock exchanges and their development over a certain period of time.
Choose verified currency exchange and also where you have low deposit and withdrawal fees. Also invest in multiple cryptocurrencies to minimize risk. I do not recommend selling in panic and be too greedy.

posi

hero member

Activity: 2268

Merit: 579

Vave.com - Crypto Casino

Since you're newbie. Firstly, you must understand that crypto currency price are stable which could lead to pump and dump in price anytime. There fore, you must not check the market price every 5 or some minutes because this have leads to some crypto trader panic and don't sell at lost price. Besides, don't be greedy to invest or buy a coin because the coin is doing well in market and study the historical data of coin before you buy it.

MmRony

newbie

Activity: 98

Merit: 0

Quote from: 007 SHIELD 007 on March 19, 2018, 04:44:12 PM

i am new in trading . i want to start trading . what advice you should give me before i start in live trading?

In my opinion,I would start with a very small of money until you learn how to trade. you should learn first about it to gain more knowledge and strategy with it. you should bear in mind that there is no quick money in trade altcoins. I suggest that you start slowly if you are new to cryptocurrency trade. just follow the trade and never follow signal from others.good luck

Granxis

hero member

Activity: 1400

Merit: 536

A lot of people have recommended, but there are things I want to add. In particular there is a mistake made by all traders; aimlessness. The aimlessnessis to make a profit with less profit while there is more profitable. So, set a goal and do not sell your investment until you reach that goal.

ajdaj

full member

Activity: 532

Merit: 100

Quote from: billtonz123 on March 24, 2018, 11:30:13 AM

if you want to start in trading live, first you will alocation your money 100% to be 10% for trading, the example when you put 100 $ in trading you must trade 5$ until 10$ just in trading, dont be greed and dont forget believe your strategy and money managament well. you wil be a success trader

It seems to me that we need to set realistic goals before ourselves, and not to raise our hand to what we can not realize. Because in all likelihood it is fraught with losses, and in general there will be no earnings.

billtonz123

newbie

Activity: 98

Merit: 0

if you want to start in trading live, first you will alocation your money 100% to be 10% for trading, the example when you put 100 $ in trading you must trade 5$ until 10$ just in trading, dont be greed and dont forget believe your strategy and money managament well. you wil be a success trader

babala

newbie

Activity: 168

Merit: 0

I will advice you to listen to those people who are already for many years in trading industry, because of that you will learn a lot on how to have a good strategy on trading and also how to earn big profit on trading.

Sadlife

sr. member

Activity: 1400

Merit: 269

First you need to research some basic concept about trading like knowing when to buy, when to sell, what to buy and what are donts. Try to invest an small amount in an trading exchange there are lot of good sites out there like binance, cryptopia, coinut then try to trade some popular altcoins to so you can learn from it and even gain from it once got a hang of it then you can start trading other altcoins.

Topic: what advice? - page 8. (Read 1169 times)