What are the useful tips for beginners? - page 8.

LuciferEveningStar

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Quote from: unconscious on June 28, 2018, 12:10:02 PM

It's a very good suggestion for beginners. I also want to add something. Don't think that within few month you will make money. If you make that is temporary. For long term consistent profit you have to give time in learning. There is no short cuts.

For those investors who are just new in the industry, they should be studying the market prices or statistics in order to have a good background in the market before investing a huge amount in order to anticipate the price in the future.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

I believe if we can do something with a good effort and never give up something, then we can get a good result someday. we need to learn for what we doing and if you really interesting with cryptocurrency then you need to always learn more and more. spend your time to learn many things related to cryptocurrency and keep doing and practice and one day, you will become successful in cryptocurrency and no instant way to get what you want.

Anandhi

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We can't get something in a single night. So, as newbie we have to learn hard continuosly. Learn by doing is the best method to do.

NorihiroName

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I'd recommend to get experience and evade risky moves, that'll guarantee lower amount of your losses.

MrGaSp

sr. member

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If you are a beginner then bette to start with a small amount to trade which you can afford to loose or else before getting in you can take tips from experienced traders who are trading since long time and you can sit with them and see how they make trade and once you are confident and have knowledge you can increase your capital step by step but make sure that you have done good market research before you enter into the world of trading.

MMnoob

newbie

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one of the tips in trading is understand about trading in crypto katena it is very important and see more detail the coins you want to buy to have a good potential when you sell and most important you have to be patient.

unconscious

newbie

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It's a very good suggestion for beginners. I also want to add something. Don't think that within few month you will make money. If you make that is temporary. For long term consistent profit you have to give time in learning. There is no short cuts.

Souldream

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Quote from: BaraxLo on June 28, 2018, 04:29:05 AM

Quote from: bitcoinking11 on June 26, 2018, 03:27:52 AM

For beginners, i would suggest you shouldn't invest a lot of money at the beginning, only invest as much money as you can afford to lose. Before investing, follow a few months charts of the coins you want to buy then decide what is the best price to want to grab it.

We have been reading such comments from very long time and yes this really affects. When you re newbie and you don’t have any solid experience in this field, you don’t have to be so smart. Rather keep yourself restricted to short investments so that if in the case of loss, you can be able to afford that loss as well. Never ever just invest bigger money in start rather practice and then go for.

In my case I only make my self as an effect user and trafer of cryptocurrencies when I taught myself on how to become self-reliance to be able to learned from own researched, self learning by reading more iseful tips here in forum and especially a massive study how the market goes around though unti now I couldn't know exactly what happen to the market.

BlueStackz

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Quote from: lol1yatme on June 27, 2018, 06:35:19 AM

Quote from: InziderX on June 21, 2018, 04:35:26 PM

Money management is the key!!!!!!!!!!

This is the secret.

You can loose 8 time on 10 and still make money.

Its no magic - its MM!

Technical analysis is good, but you need so much more.
Money management and psychology are keys.

What's psychology ?
If you loose 8 times in a row and change your plan....

Psychology is the ability to stick to your plan.
Because who need a plan that it doesn't follow?! Wink

It is of no doubt that the first attempt in not easy and at all and we face with difficulties during any surrounding. So you will also feel uncomfortable and will be facing difficulties in your first days but it is an advice from my side to keep monitoring and observing the market of your desire so that you may learn how to handle everything after which you can start with no hesitation.

The useful tips for beginner are to search the market thoroughly and get the fundamental information about crypto trading. Scan the situation in a better way so that you know the profit and loss phenomenon well. Read the project authentication and market value of a coin. As much experience and knowledge you gain you will become a good trader.

BaraxLo

hero member

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Quote from: bitcoinking11 on June 26, 2018, 03:27:52 AM

For beginners, i would suggest you shouldn't invest a lot of money at the beginning, only invest as much money as you can afford to lose. Before investing, follow a few months charts of the coins you want to buy then decide what is the best price to want to grab it.

We have been reading such comments from very long time and yes this really affects. When you re newbie and you don’t have any solid experience in this field, you don’t have to be so smart. Rather keep yourself restricted to short investments so that if in the case of loss, you can be able to afford that loss as well. Never ever just invest bigger money in start rather practice and then go for.

itscomplicated

newbie

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This is what I'm using,
Reverse Pivot Strategy, learn more about this cuz its hard to explain here

Google+

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Leading Crypto Sports Betting & Casino Platform

tips that may be very useful for a newbie like you and others who read this you better read first what is bitcoin and after that understand how to benefit from bitcoin trading and learn to be able to control your patience.

ShineftChaos

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I LOVE ADABS

Quote from: putrisa on June 27, 2018, 07:15:01 AM

very useful tips for new traders is my advice you do not be too panicked to sell coin at a cheap price it will make the bitcoin price to collapse and will make you get a loss, you should just bear not easily influenced by others.

The best thing is learn on how you are going to trade safely like studying the market transitions in terms of prices or reading news and speculations in order to determine if you will be earning profit or not before investing a huge amount.

MidKnight

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I agree that we really need to avoid checking the news like CNBC because they are confusing people instead of telling accurate events. I trust crypto youtubers more than them. So newbies check them out and you will definitely get real and unbiased news on them.

deppil

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Quote from: putrisa on June 27, 2018, 07:15:01 AM

very useful tips for new traders is my advice you do not be too panicked to sell coin at a cheap price it will make the bitcoin price to collapse and will make you get a loss, you should just bear not easily influenced by others.

Yeah that's the most important tips. because every day the price will always go up and down very quickly. and it may drop very
deeply. most newbie are easily panicked and will probably sell off all their coins. all you have to do is be patient and do not panic

dharnamonitor

full member

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★Bitvest.io★ Play Plinko or Invest!

I agree, we should start by reading the necessary books in order for us to atleast educate ourselves before jumping to the things we were not even familiar with. What you've said about stay away from the news is right but we can still used it for our own tactics just like what they've said, buy the rumors and sell the news, we can use those two things for our own benefits.

hoavantathan

newbie

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What i learn is when they sell, you buy. When they buy, you sell. I only care about what people do.

gohan21

jr. member

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Of course, this is a great help to newbie newcomers trading and investing in order to avoid large losses in crypto trading. I think many people also can not read this topic and just explore google about crypto currency to learn

nydiacaskey01

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Quote from: Baoo on May 28, 2018, 06:11:30 PM

2-Stay away from media news:

Media are always manipulating traders through some false news and even the social media (Twitter, Facebook..), They may even control what happens in the market (crisis, jump), in order to achieve the interests of some (the capitalists) and regrettably, many believe the information and fake predictions.
" Do not be a sheep and act like a wolf "

There are media outfits out there that gives out legitimate news and there are bloggers that copies and paste news, meaning materials are not really a product of their own research or work. I would stay away from those bloggers that are just paid to pump or hype a project and also sites that pretends to give great news but are just copied from another site.

julzcoinbit

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Quote from: badungs on June 27, 2018, 06:21:58 PM

yes, I really agree with your writing. and thanks for making such tips that are most likely to be useful for beginners. learn and read the basics of trade, this is most important for beginners who trade. with more reading and learning, the more things you will know. always see the latest news. because I think the positive and negative news, also affect the rise and fall of market prices. be patient and brave, being patient will probably dispel the sense of panic and with the courage of not afraid to fail, may lead one to success.

Yes! Its definitely very useful for those newbies where as they don't know when to start to begin knwing the cryptocurrency, especially In trading method and how to choose the good alltcoin to Invest with It.

Topic: What are the useful tips for beginners? - page 8. (Read 2350 times)