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Important tips for beginners in crypto trading

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The article is really meaningful and it originates from experience, sees the experience in the author's article, too sharp for those who have been playing coin, must have won or lost, that's the problem. draw real-world experience to win back

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23 hours ago, Diggy said:

not all unlisted coin are not good to trade because some of this are real project and have a good future also,  but this hard to happen because biggners are lack of knowledge 

Yes many project now good such as emirex project but now many project has been scam so be very alert for invest any ico or ieo.

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On 12/8/2019 at 1:13 AM, Loly said:

Some important tips and hints for beginners in crypto trading and would love to share here for everyone to benefit

 

 1. Investing according to your financial ability, at best in the beginning.

 

 2 - Avoid anxiety and impulsivity to make a decision in every transaction, losing deals at the moment may be successful in the future and vice versa.

 

 3. Do not invest in a single cryptocurrency, but rather trade in many cryptocurrencies. 

 

 4 - Do not trust false news about cryptocurrency trading, which comes from some investors inside some platforms or through various social media, you do not know the extent of their actual experience in this field until now.

 

 5- Draw yourself the path to success through specific trading goals such as following certain currencies and knowing the best purchase price as well as the best selling price in the short and long term, and always be a good researcher for articles related to cryptocurrency trading in the near or far future.

 

 6- Try to learn the analysis, whether it is technical or basic, then you must learn how to analyze a specific digital currency yourself, or rely on sites that provide technical analysis through certified experts.

 

 7. You must learn from the mistakes that occurred in the past, in order to develop your business, without learning to repeat the error again.

This are the very good and it is usefully tips for cryptocurrency traders beginners I hope it will help them as newbies to become best traders

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On 12/8/2019 at 12:43 PM, nicolas1234789 said:

Many tips can be share but I only have three. First never use bot or trading signal. Second don't use your salary and loan money for basic fund. Last one, never repeat the same mistakes.

This was a nice tips, pal. It can be useful especially to the beginners in trading. If the person is already been trading, I prefer waht have you said in your last sentence, they've must not repeat the mistake they've done so that they can be a successful trader.

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The basic things for thr beginners

 

1.Believe in yourself.and invest as per your financial situations..

2.Be self motivated and never disappoint from any loss.

3.study about the coin market cap and crypto currencies.

4.never trust on false news which come across in the market regarding any price hike 

5.Do not believe in hype.

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This is a great information for the new investors. i suggest you all to be patient when trading and try to know the market condition first.

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This will help the new bies to be successful in trading. all new bies should maintain this rules to avoid loss any asset . patient is very much needed in trading.

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I highly suggest you to first learn more about crypto. because what matter the most in crypto is your knowledge and always be wise to your decisions.

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I advise beginners to open a demo account first, and only then learn to practice trading. I remember how many mistakes I made myself and lost almost a whole bitcoin at that time. I think now beginners will be more motivated on the stock exchange).

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Alright, these are tips that are suitable for beginners to trade. Of the seven tips I am grateful to have done, it is far better to do these tips than not doing it.

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On 12/8/2019 at 9:43 AM, nicolas1234789 said:

Many tips can be share but I only have three. First never use bot or trading signal. Second don't use your salary and loan money for basic fund. Last one, never repeat the same mistakes.

Bot trading will always give yo loss because i personally  use that and the second is the if you are a trader or a new person than don,t be borrow the money for the trading or for any business because you can make loss in the market and on that time you are not growing in this market.


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This is very detailed, this kind of guides will really help the new members of the forum to learn more about crypto. thank you for sharing this, i really appreciated this topic.

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I have a lot of advice for you to start trading, have you read it all, pay attention to read more, it will be your money, learn from experience you will gairm to make a loss. When started, accumulate many trade ways you will succeed
wish you good luck

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This is so true, ive tried gambling once didnt end up that good . I finished all

my coins in the wallet.

Good thing In stopped winning sometimes makes you greedy!

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On 12/27/2019 at 12:27 AM, Baguduabdul said:

Numerous tips can be share yet I just have three. First never use bot or exchanging signal. Second don't utilize your pay and advance cash for fundamental reserve. Last one, never rehash similar slip-ups.

I agree with you about signal trading in some telegram group because they just manipulate traders to buy or to Sell in some price and finally your coins Fall down and you still wait 

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Great tips for beniggers, all of them.  Most important is never to trade with more capital than you're willing to lose and I think most newbies forget this or never knew it to begin with.  Don't trade with money you're going to have to buy diapers with, or food.

 

Above all, stick with bitcoin in the benigging and then work your way up to altcoins.

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For those who are new to crypto trading, there are several rules that need to be followed.In order to trade you must maintain trading rules and stay away from scammers so they do not hack your account.

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I completely agree with your advice, this is a very useful article for beginners, as it seems to me it's time to do the second part

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The best advice for you is to read lots of books and trading experiences that people have instructed, it will be helpful for you to make new deals.
good luck

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13 hours ago, Tarek62 said:

Thanks for sharing very good trading tips to get started with us. I think This post is very helpful for everyone new to trading.  They follow these tips in trading

Indeed something important. Because trading is full of risk, we must therefore have a good strategy before starting. And know what will happen in the future.

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These tips in very much important for all Cryptocurrency traders.Every crypto traders can follow this tips to gain success from trading

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On 1/7/2020 at 4:40 PM, kazumina91 said:

The best advice for you is to read lots of books and trading experiences that people have instructed, it will be helpful for you to make new deals.
good luck

Yes we need to read about trading because it helps to be w good traders and don't make a big mistake, abd in my experience if you trade all the time you can collect a lot of skills that can nake a good one 

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These tricks will help beginners like me let's try to eliminate fear  from our mind inorder to have success and lastly we should not invest in a single cryptocurrency

Edited by Goody28

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