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Important tips for beginners in crypto trading

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On 12/20/2019 at 10:12 AM, Jamil1011 said:

It will be a difficult task for the biginners to trade in cryptocurrency.At first they should have a good knowledge about the price of different crypto and they must look at them regularly.There main target will be to buy cryto in a low price and sell them when the price increase .

These things will be really new to cryptocurrency trading, this forum is not only good for providing you with payments, but also tips of this kind and this forum can help us find out. New ideas about the crooks. Trading currencies listed at the top, don't trade any unlisted or newly listed currencies or you'll lose all your money.

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9 minutes ago, naeem757 said:

Only invest what you can lose. ...

Always pay attention to Bitcoin. ...

Never put all your eggs in one basket. ...

Don't be greedy. ...

Don't invest blindy. ...

Don't FOMO. ...

Categorize your investments and look at the long picture. ...

Always learn from your mistakes.

This is the best way to guide those newbie and those that re yet to know the advice of trading, because most of us are eager to trade

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healthy said, this caring of stuffs will especially beginners in crypto trading, this forum is great, not truthful by openhanded you payments but moreover this kind of tips and as well this forum canister informed us for scammers new idea. 
 

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i think the best tip for beginner is to never ever hurry, i know that sometimes you need profit fast and that is the 1st mistake beginners make so i would advice them to be patient.

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23 hours ago, Nuao1234 said:

I think newcomers have been able to collect a lot of information from your opinion. And gained a lot of knowledge about how to trade in crypto.

I agree with your opinion, I think we should be treated like that. We must do well.
 

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To be successful in trading you must follow a trading plan that you formulated before you trade and you must be patient so you must not be in the market all the time, and you must wait until good deals develop and you must not chase the markets.

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Chances are you'll learn about making investment points from the digital foreign exchange current market. However, what is more, significant in comparison with that is certainly learning the precise means in addition to cashing in on the top tips previous to stepping into that subject if you want not ever to produce this miscalculation, which will conclude one's investment decision vocation down the middle of the street.

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Thanks for those tips, i suggest traders to use these tips for those who were failing and get loss in their tradings. They can help you a lot and if you will be serious you can recover your losts.


Time is the ultimate weapon!

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6 hours ago, kuseav said:

Yes you are right when a person is trading so they have to be patient Something based on financial rules, you can't start with authoritarian practices Learning exchange processes is basic for every college logical, those who need success

Patience is very critical factors in trading, if you don't have that patience of Trading, there is no way you can trade it that way

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The most important thing to remember before you start trading is that there is an opportunity to completely lose your investment. Cryptocurrency markets are very volatile, and although some people have made a lot of money, many people have also lost their money. You should never trade with any amount that you cannot afford to lose.

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Also newbies must learn to hodl if they plan to invest. Best time to buy and hodl is after a dip. The moment someone says to you that "this time it's different" and that you should sell everything because this time Bitcoin is going to zero etc. , then you should know it is actually time to buy. Wait for the moment when market relaxes and buy if you have this plan. This time is not different either. Bitcoin is not a ponzi scheme, it is a decentralized network. Miners are not whales, they are participants. We have whales but they are getting thiner and in the end there won't by many. They are also getting scared and sometimes sell at loss, as they have diversified into many assets through decades. A few whales are early participants that have made many millions and don't actually need to sell their Bitcoins. Right now I would suggest to find a good entry point.

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When a trader is affected by greed, he seeks to achieve the largest possible amount of profits and deviates from his strategy, for example the trader may determine the level of profits that he wishes to achieve according to his strategy and this means with the use of a stop-loss order that there is a technical or basic reason for this.

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On 12/20/2019 at 11:18 AM, 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 

will be really new to cryptocurrency trading, this forum is not only good for providing you with payments, but also tips of this kind and this forum can help us learn new ideas about crooks. invest in coins that don't even have a name on coinmarketcap or even show the total number of tokens and end up losing money when the coin drops 1 sat.

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I recommend that you set a trading plan and follow it, i.e. set the entry price, the price at which the loss is accepted and the price at which the profits are taken. Do not betray your plan. Always keep a Stop Loss Order for every trade you make.

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14 minutes ago, Tareeq said:

I'll also wish to add to your suggestion too i think beginners should learn how to follow up news about the forum to avoid any means of spreading fake news about the forum.

This was in my own opinion thanks 

Not only news but also the tendenccies, since news can be faked and used to pump or dump some coin easily.

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You will not receive achievements with the earliest time thirty days, or perhaps with the primary season, it is advisable to lose time waiting for ones flip connected with results, also, to persist in doing the job until finally, they have. At this time there one matter useful is the best head, too, to keep sensations to one side.

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On 1/7/2020 at 7:48 PM, sazzad925379 said:

For those new to crypto, trading is a must know as trading allows them to make more money in a short period of time.

Sometimes fake news can lower the price of cryptocurrency even if you believe the news is fake, there are still many people who believe it. But thank you for sharing this information. This is especially important if your portfolio is doubling or even tripling. With this amount, it may be tempting to continue to peak in the market, but it would be wise to avoid this temptation.

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Thank you very much, these are the tips I used when trading from the first time and now I still remember it. I have advice, stop trading when you lose more than 2 times, never make the same mistake, know where you are wrong to correct it.

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These are very important tips for anyone that is trading, not just the beginners. We need to remember these points. And furthermore, we should only trade with what we are comfortable losing, so don't invest everything into trading because trading is risky by nature. If it was not risky, everyone would be doing it. Also, develop your stop loss. That in my opinion is step one. Decide on that stop loss and don't waver on it at all.


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Tha ka for the topic there is alot of information that will help us in this field we should juat be alerts of all kind of ways.

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Криптовалюта — это не просто «покупка подешевле — продажа подороже». Здесь все происходит намного сложнее и вы должны иметь это ввиду.

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Первым делом начинающему «криптовалютчику» необходимо скачать специальную программу и завести в ней электронный кошелек. В этом кошельке хранится специальный ключ, позволяющий распоряжаться виртуальными деньгами.

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Криптовалюта — это не просто «покупка подешевле — продажа подороже». Здесь все происходит намного сложнее и вы должны иметь это ввиду.

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