Topic: What is the best coin for beginners to start trading? - page 5. (Read 2289 times)
In order to learn to trade cryptocurrency I recommend you start with a demo account. You'll never get anything but nothing to lose. When you feel the strength to trading real currencies, you can try bitcoin and Ethereum. Those currencies which forgive novice mistakes. If you buy these coins at a bad period before they are cheaper you will not lose anything. You only will need to wait until they rise in price. When you will be able to analyze the situation can add new coins.
The best way to kick start would always be Bitcoin to gain a decent understanding of how the trading platform you are using works. With most currencies though its about the long game for me, although it can be a volatile market. Be smart with your money and trade on what your willing to lose
For a beginner it's the smartest to only trade Bitcoin I think.
I would like to recomend you to trade ETH it is famous, liquidity and price not too much to start.
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
alt coins is the best trading to every one. because who new to this field that person don't no about this bit coins market. so first you have to invest in alt coin trading later you have to choose one best coin trading like eth coin or bit coin. then you get one complete idea about trading next you have to invest on any other coins. but see present market demands of that coins.every one try to invest in alt coins because it is easy and safe to earning money.coins trading os depends on market demand so you have to consider that parameter also.
There is no perfect choice of coin to choose from. However if you are looking for min risk, I would suggest that you should look into Litecoin and Ripple.
I would start with really low cost cryptos like rain, ripple, NEM or MobileGo just to get your engine started without being afraid of losing too much. Once you get more comfortable with the idea, you can move on to ICOs and then work your way up to presales. make sure you join their slack/telegram if you want to stay updated.
You won't make more profits by trading, versus "buy and hold". I mean, you COULD earn more, but it'd be luck only ! Or i'd be you, manipulating the market, or something like that. There's no "free profits", everything has a price.
So, if you still wanna trade, you could choose any altcoin. It all comes down to which trading technique you're applying: for example, you could buy under-valued good altcoins, and wait for the prices to go up. Or, you could short-sell some over-valued crapcoin and rip-off money from the guys that invested in it in the first place
You can't always short-sell an altcoin, only if your trading platform allows it.
Anyway, as some people said prior to me, don't trade on low-liquidity alts, unless you're really, really sure that it'll improve over time. You need reasons to think so, not just a "good feel" or else you will just get ripped off, like any other ^^"
Beware, my friend !
So, if you still wanna trade, you could choose any altcoin. It all comes down to which trading technique you're applying: for example, you could buy under-valued good altcoins, and wait for the prices to go up. Or, you could short-sell some over-valued crapcoin and rip-off money from the guys that invested in it in the first place
You can't always short-sell an altcoin, only if your trading platform allows it.
Anyway, as some people said prior to me, don't trade on low-liquidity alts, unless you're really, really sure that it'll improve over time. You need reasons to think so, not just a "good feel" or else you will just get ripped off, like any other ^^"
Beware, my friend !
I think it depends on what your goal is. If you want to want to get a very high return on investment and don't mind high risk, then do some research and invest in a currency with a low market capacity. On the other side if your looking for a steady return on investment, then invest in a well established currency such as Bitcoin or Ethereum.
Bitcoin was always best coin for beginners. If you want to get profits in a short period of time out of your investment, then you should start with bitcoin.
It doesn't matter how large or small is your investment, even a little afford improves your experience.
Being truthful, i had started with satoshis at beginning.
It doesn't matter how large or small is your investment, even a little afford improves your experience.
Being truthful, i had started with satoshis at beginning.
according to my opinion for those people who are fresh in trading and want to start trading in coins i will suggest him to start with less bitcoins and more etherum. these both are very good for trading and it will be profitable for you in future.
before you even start trading with cryptocurrencies, I'd say you start trading with FIAT currencies. In general and in simple term, cryptocoins are very "dangerous" in the sense that their total value at the moment is not very high (their market capitalization) which means that relatively low buy/sell orders will increase/decrease the price of the currencies by a lot (that is volatility) and that means that trading becomes extra difficult, as you each and every decisions you take (buy or sell) is multiplied by a hundred fold. FIAT currencies (these are the FX markets, or the USD, EUR etc.) are much less volatile and you have many more chances and space to make errors (which is important if you just started trading), without using any leverage or margin account, you can feel relatively safe that you won't lose much money. If from the other hand I can't make your mind change about trading crypto's, go for BTC, as it's the currency with the highest market cap and most volume, which if you consider the rest of the currencies is considered "safer" to trade.
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
There are no pennies that can make get you profit and newbie. I advise you to buy high value coins such as ETH, ETC, ZEN, BTC because this is the most potential altcoin today.
everybody keep asking about which one is the best ?
of course the best cryptocurrency so far and until the end will be Bitcoin,
as a beginner trader in cryptoland,it's recommended to trade the Bitcoin itself other than altcoin or other cryptocurrency.
altcoin is not really recommended because it's very very easy to get manipulated by peoples,
even though Bitcoin also can be manipulated,but comparing to others.it's more stable and predictable,
because it's the value and the goal of altcoin itself,people will not dump it so hard because if the price is crashing,
ever altcoin will be worthless and nobody will trade it in the future.
so,try to avoid altcoin and just buy Bitcoin for now.
of course the best cryptocurrency so far and until the end will be Bitcoin,
as a beginner trader in cryptoland,it's recommended to trade the Bitcoin itself other than altcoin or other cryptocurrency.
altcoin is not really recommended because it's very very easy to get manipulated by peoples,
even though Bitcoin also can be manipulated,but comparing to others.it's more stable and predictable,
because it's the value and the goal of altcoin itself,people will not dump it so hard because if the price is crashing,
ever altcoin will be worthless and nobody will trade it in the future.
so,try to avoid altcoin and just buy Bitcoin for now.
Go for coins that have low volume. Since you are new from the scratch, you don't need to undergo serious trade at the moment. You must learn and familiarize how trading works before going on actual trade. Don't worry it will not consume your time much and you can start live trades thereafter.
Try to play with the non serious trading experience at Yobit. There are low volumes coins there which is obviously as cheap compare to 1 pc. regular candy. You must be familiar on the exchange itself.
Try to play with the non serious trading experience at Yobit. There are low volumes coins there which is obviously as cheap compare to 1 pc. regular candy. You must be familiar on the exchange itself.
I don't rate that advice in the slightest. No one can learn anything from low volume coins as anyone can do anything to them at any time. Their movements are basically meaningless.
Total noobs shouldn't have anything to do with trading. All they'll do is hand their money over to better traders. They're better off buying and holding and spending time observing.
There are also test trading platforms like this - https://testnet.bitmex.com
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
For the best crypto you can try to choose those already developed the product but still has very low marketcap comparing with the product itself. Just like EIDOO token that already built the very useful app that will be the future platform. I think that you must try to see that. The marketcap is very low and the next week that will be added into the biggest exchange site. 
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
Before go to trading, have to get altcoin by joining campaigns and other bounties. There is where I start to have coin to trade. It is the way to get coin especially if do not have a capital yet.
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
All crypto are the best it is up to you which coins you will choose to hold and if you really wanna know what im using is i always go for the ico and ethereum since ethereum is giving me so much profit when it comes to pumping it. I advice you to learn more about crypto first before engaging your self into trading for you to not to lose your money. 
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
If you a new trader in cryptocurrency I advise you buy bitcoin when its go on low and hold it and learn first trading. After gain trading knowledgeAt that point, you can begin trading with little sums for test yourself in the event that you pick up benefit one two months consistently then took Ethereum Waves and many coins in your trading coin list
Please me Im new to trading cryptocurrency. What is the best crypto that I should start to trade? Any expert advice?
Op before you put in your money into trading crypto currency, you need to have it at the back of mind that there is high risk in trading crypto currency because of its volatility nature which will need you to learn more of technical and fundamental analysis to enable you succeed in trading. And since you are still in trading crypto currency recommending altcoins for you at this level will be disastrous to your investment. So, I will recommend that you should buy Bitcoin and hold for a period of time pending when its value reaches your take profit before you sell. Jump to: