What and where? - page 2. | Bitcointalksearch.org

doomloop

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

I will advise you to start with the coins you know, I believe you know about Bitcoin, Ethereum , and other top coins if you have made your research. You should start with these coins, I believe that they are going to be a good choice for you to start with, instead of looking for new projects that you are not yet sure about what they would be like in the future. So try to make the right choice, start with the top coins in the market and later you can decide whether to trade any other coin.

And you are right for sure, Binance is the best exchange for you to start with. It has been around for a long time, and it is one of the exchanges that has the highest trading volumes in the market, so it’s definitely what you should go with for now.

RealMalatesta

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Quote from: sulendra12 on April 27, 2022, 10:38:55 AM

Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

https://academy.binance.com/en

They got you covered for some beginner advices to trade for starters, also since you are going to use Binance for at least a year then it would be better to read it if you have spare time since most of the case they will use their own exchange platform to demonstrate and introduce you about Cryptocurrency world.

But still in order to master everything, you need to try those out by yourself after reading that articles. So, just don't be afraid to lose some small money that you can afford at first.

They have a lot more than just newbie help as well, you could learn so much from that place that I am sure you could be well into your veteran period and still learn a thing or two from there. Plus, they have the most wonderful glossary ever and you could learn so much from that as well.

I personally believe that there needs to be some sort of a situation where people could keep on learning even when they are veterans and binance could provide that. However, you are right about the master part, if you want to learn absolutely every possible angle of trading then you would have to learn from a few different sources plus with a lot of experience yourself.

livingfree

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Quote from: TheGreatPython on April 29, 2022, 05:22:54 AM

Quote from: livingfree on April 28, 2022, 06:17:36 AM

There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading.

You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.

They are all parts of trading, everyone would not do the same thing. I have friends that how they make their own trading is to be checking the market and whenever they see that USDT or Bitcoin, or any other cryptocurrency of their choice is sold at a lower price, they would buy it and then wait for it to be sold at a higher price and sell it on binance immediately.

So, it’s just all about how you want to do it. Binance provides a lot types of trading, it can be margin trading, future trading, and so on. So, whatever fits in for you and you know that you are going to be good at it, then it’s good to just go for that.

Yep.

Whatever suits you, you should be making more and staying with that so that you'll be able to maximize your profit as you do it. Well, as our choice with Binance.

There are also other choice if OP or the others want to try out. But if he sticks to Binance, a lot of products that he can enjoy as well.

Webetcoins

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Quote from: yohananaomi on April 27, 2022, 02:09:02 AM

You have done something right and are already on a very positive note by accumulating to be able to invest from your savings for trading.
right now the main thing is, to motivate yourself that what you are going to do is because you have faith in yourself and not because of doubts, which will make you worried.

what you have done is of course correct, entrusting trading to binance because it is already recognized and you just have to decide which coin you think is the best. You can do an analysis first to determine which coins are worth buying and investing. As for my advice, BNB is a coin that deserves to be invested because last year it increased sharply and I hope it will happen again this year.

Are you sure that it was right? We are talking about savings here. It wouldn't be called savings for no reason. It was a money dedicated only for the future or for emergency purposes but there should be a separate money that is intended only for trading because trading is risky and there is no guarantee that you can recover what you have spent. Having a motivation is alright but it isn't all.

You can say that you will continue to invest even if you are already losing too much because you are motivated. That's wrong and there's no way to recover your funds that way. Learning and practicing should go first and then you can add other traits which can improve your trading performance.

TheGreatPython

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Quote from: livingfree on April 28, 2022, 06:17:36 AM

There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading.

You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.

They are all parts of trading, everyone would not do the same thing. I have friends that how they make their own trading is to be checking the market and whenever they see that USDT or Bitcoin, or any other cryptocurrency of their choice is sold at a lower price, they would buy it and then wait for it to be sold at a higher price and sell it on binance immediately.

So, it’s just all about how you want to do it. Binance provides a lot types of trading, it can be margin trading, future trading, and so on. So, whatever fits in for you and you know that you are going to be good at it, then it’s good to just go for that.

shushu9977

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I trade since 2017. Now, my best exchange is binance and I trade in this exchange which is a good quality and trustworthy exchange. I invest little amount in 2017, 2018, 2019 and 2020. After two years, specially, this year, I invest more as I can. So, learn more about crypto-currencies and after achieving deep knowledge, you could invest as you can.

livingfree

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Quote from: dunfida on April 27, 2022, 07:51:36 PM

Quote from: livingfree on April 27, 2022, 06:25:10 PM

You're in a good exchange already.

As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.

Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.

You are the ones who do make yourself get learn and its been mentioned that its been 1 year that uses up the platform.So what he actually do? Making it as a portal when converting his coins that he earned on other

sources? This is the only way i do think for someone to make use of exchange platforms instead on trading itself.Its true that he had been dealing with the right platform
So its better to stick out on a platform which you could trust on specially by the community.

There are people that just use these platforms and exchanges just to convert and don't do trading at all. I don't find anything wrong with that because that's still trading.

You are correct about sticking to reputable ones and Binance is one of it. As we're saying, he's on the correct platform already and he just have to find where he's comfortable at that include the pairs.

Nrcewker

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

If you are new at trading or say complete beginner, then I would advise you to go for paid calls.
Now if you can’t afford paid calls, then it would be better to go for free but prominent calls made by crypto veterans.
Now question might comes up in your mind that where to find free calls?
It’s very much simple.
Just go to twitter and follow some good crypto traders, then periodically tweet about the coins and their growth.
Follow them strictly and choose the best coins to invest.
According to my personal experience, 80% of the calls comes to be profitable.
Hope this helps you OP.

dunfida

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Quote from: livingfree on April 27, 2022, 06:25:10 PM

You're in a good exchange already.

As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.

Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.

You are the ones who do make yourself get learn and its been mentioned that its been 1 year that uses up the platform.So what he actually do? Making it as a portal when converting his coins that he earned on other

sources? This is the only way i do think for someone to make use of exchange platforms instead on trading itself.Its true that he had been dealing with the right platform
So its better to stick out on a platform which you could trust on specially by the community.

nurilham

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

I think that the first thing to do is by ensuring yourself in the investment. It is not only about the big expectation to have or gain the profits. But also the risk that may make you lost.
Actually, Binance is a good platform.
If I were you because I am new enough in the investment, I will invest in Bitcoin or BNB right now. ETH is actually good enough, but the price has been highly skyrocketing. It may be different for BNB and Bitcoin but may still have a higher chance to rise up again.
But once more, DYOR again and again and take the risks as you ready

livingfree

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You're in a good exchange already.

As suggested by everyone that should you trade there, you still need to do research so that you'll know what you're doing. It's okay to start with BTC and USDT or BUSD pair there.

Liquidity is high and that's where the new traders should start trading with, or if you don't like that pair, choose other pairs that has high liquidity which you can do scalping.

topman21

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Binance exchange is the best for trading platform.If you have good knowledge about trading then you can trade. If you are a newbie then you must ask for help.Because there are certain rules and regulations for trading, you must follow them or your fund may be lost.Make some wrong people poor in trading.Since you are new you will start spot trading instead of futures trading.Then if you gain trading experience then maybe you can do futures trading.

sulendra12

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

https://academy.binance.com/en

They got you covered for some beginner advices to trade for starters, also since you are going to use Binance for at least a year then it would be better to read it if you have spare time since most of the case they will use their own exchange platform to demonstrate and introduce you about Cryptocurrency world.

But still in order to master everything, you need to try those out by yourself after reading that articles. So, just don't be afraid to lose some small money that you can afford at first.

yohananaomi

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

You have done something right and are already on a very positive note by accumulating to be able to invest from your savings for trading.
right now the main thing is, to motivate yourself that what you are going to do is because you have faith in yourself and not because of doubts, which will make you worried.

what you have done is of course correct, entrusting trading to binance because it is already recognized and you just have to decide which coin you think is the best. You can do an analysis first to determine which coins are worth buying and investing. As for my advice, BNB is a coin that deserves to be invested because last year it increased sharply and I hope it will happen again this year.

Anguwa

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Quote from: lucifur on March 26, 2022, 11:34:41 PM

I saved up a few this month and planning to invest a part of it in trading but I'm not really sure where to start. What should I trade and I'm leaning on using binance since I am confident in using it for a year now. What can you suggest?

Many people have mentioned Binance, and I can't really argue with them because it's a cryptocurrency exchange with a high reputation, and its trading process and processes are transparent and simple to grasp. However, one downside is that There Kyc, in fact, anything that deals with giving your personal data all in the name of kyc has rendered practically all such exchanges that require Kyc no longer a safe place. Please try to study, understand, and learn everything you can about cryptocurrency trading before you begin. Best wishes.

feelideb

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When I see people asking for where to invest from random strangers, I know those asking might lose their fund! If you want do know where to invest, investing or trading shouldn't be your priority. You should start learning and get excellent at it. It's only when you are vast and well read that you can identify excellent project! You need a good coin that will last like bitcoin in a tupsy turvy cryotocurrency market!

stepwilli

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You can start trading with Bitcoin, ETH, cardano, and binance coin. And you can as well add the USDT to the list. As time goes on as you continue to be more experienced in trading, you can decide to add whatever other coin that you think is good for you to add. When you’re more experienced you would be able to look into other cryptocurrencies and be able to tell whether they would be a good choice or not. For now, just take the bigger cryptocurrencies that we have in the market and trade them.

Binance is already a really good platform for trading. It is very popular and a lot of people make use of it and so far from my experience I can as well tell you that it is a reliable platform. And one thing I like about it is the fact that they have a customer support that is always there to be of help.

Hamphser

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Quote from: ?? on ??

Quote from: lombok on March 29, 2022, 09:46:00 PM

Start by determining whether you will be trading short term – including day trading such as futures or long term – where you will be buying coins and holding them for years to make a profit.

In my opinion, long-term investment is the best choice, we can get big profits and tend to be safe unlike futures trading. Just a suggestion, a crypto asset that is safe and able to provide large returns is BTC.

Holding at this time where the market is much unstable due to war is safer, but will took too much time to really be able to get profit since it may take longer than expected. Since Op seems to use Binance already then better trade some top altcoins while still holding bitcoins.

Market is never been stable whether there's a war or none and its really hard to determine on what would be the possible bottom and if you do tend to accumulate with the current price as of this moment then i would

say that it isnt really that a bad idea.If you do go short term then having these short time declines or price decrease would be a sweet spot for you to take or head on and not would really be just waiting for

more deeper correction or something like that.Whatever kind of motive or target you do have then it is really subjective to change basing up with your own preference.

bubidan.id

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All types of crypto investments have high risks, think back to that, but if you still choose to invest in crypto and use Binance to trade it I suggest you choose BTC spot trading, although it still has risks, but the risk is very minimal compared to options other.

lixer

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Quote from: judaspriest on April 19, 2022, 05:54:44 PM

Quote from: Masplanc on April 18, 2022, 06:53:55 PM

Binance is a good and reliable platform you can use to get things done for yourself especially buying, selling and also trading. The only problem you might face is their KYC verification that normally takes time to be approved. You will have to learn one or two things about the platform so you can easily work your way around it without stress. You can download Binance Academy to learn more about Binance and crypto entirely.

That's how Binance really is which is one of the popular platforms that has full features I think,
whatever it is, what Binance has to offer is truly amazing and backed up with great security too,
related to KYC verification, you just need to wait and be patient

I don’t believe so. I also make use of Binance.com and while verifying my account it never took long. once I uploaded my documents it took around 24 hours for them to get it verified. It’s not like other platforms or exchanges where you would upload your ID for verification and you would have to wait for days before it is verified. The process is usually faster than most of the other exchanges that you would see in the market.

So, for me Binance has always been the best choice to make and it is well recommended for people who are newbies in the market. If you wouldn’t have to go through the stress of making use of other exchanges, then business is really the choice to make.

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