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Topic: What I Should Know Before i Start Trading Cryptocurrency - page 10. (Read 1115 times)

member
Activity: 133
Merit: 10
I am Sylanda
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

Would u have to HOLD even when u 're in profit... all rukeasandroads leads to buy low n sell high.. or sell low and buy lower n sell high.

Profit made... move on
full member
Activity: 252
Merit: 100
if you are going to trade , you must be ready because there is a possibility that you are going to loss some coin . however , if you are aware on those situation you should know how to get profit after losing those coins.
member
Activity: 392
Merit: 10
The cryptocurrency market is a digital asset based on the blockchain platform. Blockchain is a hierarchical database that stores information in information blocks that are interconnected by encryption and expands over time. This is the trend, the potential development of blockchain as well as the development of the cryptocurrency market. So before you start trading in the cryptocurrency market, you must thoroughly understand all the knowledge about bitcoin, blockchain, the cryptocurrency market to be able to business effectively.
member
Activity: 217
Merit: 17
ChangeNOW. Non-custodial and limitless exchange.
Always trade as much as you are ready to lose! Golden rule
hero member
Activity: 1834
Merit: 566
There are a lot of certain things you need to know before start crypto trading. First of all. You must accept the wining and loosing part of crypto currency volatility,you must study the price movement and take one step at a time along the path to profitable trading. Take your emotion out of trading sometime and don't let the market plunge tempt you.
hero member
Activity: 3010
Merit: 629
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
Do an extensive research how trading works, make reading a habit in every news and forum where you can get ideas in each coins. Its an advantage if you can find a mentor who can guide you as a beginner.

This might also help you what to avoid when you trade
https://bitcointalksearch.org/topic/m.29236037
member
Activity: 252
Merit: 12
First, know the market.. what is the best crypto? How I earned? The Price?.... Their is so many things you should consider before you enter into a Cryptocurrency Trading... Sometimes even we have already in business of trading, we continuous in searching and reading. in what is the trend and best right now.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
At first I think you should spend your time to read some topics in this section to collect experience and knowledge about trading from other traders. Beside you can take part in some courses to learn about trading skills like collecting news, analyze chart, control your emotion when you trade,....A lot of things to learn and prepare to join trading Smiley)
sr. member
Activity: 860
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SmartFi - EARN, LEND & TRADE
U always need to known and remember that crypto is extremly riskly active and u could loose everything in one day like u could earn so much !
hero member
Activity: 966
Merit: 513
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

If you have a idea to start trade,atfirst you should have some patience.If you had brought a bitcoin means,you should hold as much time you can.Holding is the required one to get some profit from your investments.When the price increase,you can sell to get some profit.


What patience you are saying bro. If want to invest on trading they have to go with analyze the all best altcoins in the market. Then invest your fund on the concern coin in the market.
Short term circulation of the each coin in the market will be analyze perfectly and go with exchanging the each coins you invested.
Holding of alts will not give profit all the time.
full member
Activity: 742
Merit: 144
You need to know that cryotocurrency trading won't give stable income so if you keep bitcoin trading as your only job then you are in a great danger.
Crypto currency prices are to volatile so invest the amount only you can afford to lose.

Good to know first how cryptocurrency works so you can know if its fit for your goal and you can take the risk without sacrificing your whole assets. Learn more about the technology before you invest, do your own research and after that make a decision and focus on it. Trading is a risky game, and don't forget that you can loss money for just a minute of unwise decision.
jr. member
Activity: 75
Merit: 3
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?

You must learn how to do trading, learn the market, learn the basic etc. Not talk about hold and sell. You need invest for long term, and you can get more profit. At least 3-5 years and you will see the profit.
hero member
Activity: 980
Merit: 507
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
You need to know on how to use cryptocurrency. The mechanism behind it. What are advantages and drawbacks. How to recognize ponzi schemes. How to check if it's a phising site or not. Read about cryptocurrencies first and then start trading. This is not exactly like stocks, there are changes. Beware of idiots trying to scam innocents. Don't be a victim.
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
There are so many things you need to know before start trading but I think the most important thing is analyzing the price chart ability. When you can be able to analyze the price chart, you'll know when is the best time to buy or sell and which coin will be the best choice to trade. Beside you also need to learn about collecting news, it's also important when you want to trade cause news affect a lot to cryptocurrency price.
sr. member
Activity: 910
Merit: 260
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
No, it's not all about HOLD or SELL, you must study the trends, history and the trading volume of a certain coin that you wanted to trade, withoit the knowledge about that, you will surely loose your money over this field.

Yes. Nowadays most of the use the trading for the transaction process. It good opportunity for the  future saving and easy to exchange any country currency. But before you will know the all process. This information help to plan to work.  Trading is not to easy. Time is important for this process. So you know the all coin price information. Trading connect the all country people.
hero member
Activity: 2660
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Want top-notch marketing for your project, Hire me
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
Crypto currency trading is far more than hodl or sell and the first rule of crypto trading is not to be greedy. Second, is treat crypto trading like real business in order to be successful trader. Third, is setting some money aside in other to make some quick trade i.e protect capital by saving money to fund a trading business. Invest the money you can afford to lose and study the past historical data of coin before invest.
hero member
Activity: 1246
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CryptoTalk.Org - Get Paid for every Post!
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
No, it's not all about HOLD or SELL, you must study the trends, history and the trading volume of a certain coin that you wanted to trade, withoit the knowledge about that, you will surely loose your money over this field.

Well it also would be extremely helpful if you get yourself aware about what's going on in the crypto world. Coins that are being listed  or delisted from exchanges, fuds, adoption from governments or big companies, those are aspects that largely affects a coin's movement so best to be aware of that as well
sr. member
Activity: 980
Merit: 294
What do I need to Know to Start Trading on Cryptocurrency? Can anyone help me?

Nowadays crypto trading is very popular, that's why I have some interest in it. is it all about HOLD or SELL?
No, it's not all about HOLD or SELL, you must study the trends, history and the trading volume of a certain coin that you wanted to trade, withoit the knowledge about that, you will surely loose your money over this field.
full member
Activity: 1498
Merit: 146
You need to know that cryotocurrency trading won't give stable income so if you keep bitcoin trading as your only job then you are in a great danger.
Crypto currency prices are to volatile so invest the amount only you can afford to lose.
full member
Activity: 546
Merit: 100
- Only invest what you can afford to lose.
- Try to get your initial investment back and then trade with the left coins as that would be your net profit.
- Always research a coin before investing in it.
- Never panic sell.
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