How to start trading Guides for new crypto Traders

[wasabiaki 71]

Traditional trading is difficult, but in digital currency its easy to learn to trade, small amounts can do as long as we can enter a minimum amount for exchanges

There are lot of exchanges now where we can trade

First you have to register to a certain trading exchanges, signup and complete the requirement I advice you to make sure secure the account this is for your protection, at the same time,

Next you need bitcoin , this is what is use to buy tokens in most exchanges , make sure that the address is correct or else your money will be lost, wait for a few minutes or hour depending on transactions mostly its less an hour or so

Once recieve you can now start trading buy tokens you want,

note trading can make you rich but also a bad thing since you have to invest make sure you are willing to take a risk because its a risky business

[1millionClub 494]

To do successful trades you need to know technical analysis. It is not a must but 99% of the traders use technical analysis.

So I suggest you to learn these terms before you start trading:

The Mayer Multiple

Moving averages

Relative Strength Index

The Puell Multiple

Golden/Death Cross

google these and learn what they mean. Maybe I'll create a guide for each of them. For now I only explained the Mayer Multiple which works for almost every situation.

[sidik7 1217]

if i want to guides the new crypto traders first think i will give learn about the quality on crypto and then learn abou overall on techinical analysis so we can getting the basic on trader.

after overall is very welll lets starting to trader with a little amount fund you have.

[mgott 4]

Can someone point out a guide on how to do arbit?..    i mean  it should be basic as buy cheap there sell high over there..  but its not .    What exchanges are good for this ,,   any advices in general .    I would be thankful!.   

 

[lakhlomoha 485]

To learn trading you have to begin with a small amount that you risk to loose it,start with small exchange tradesatoshi for example to know how to place order and buy or sell some coins,then you can go to the big exchange with a big volume of trade like binance yobit huobi bittrex and more 

[lakhlomoha 485]

On 10/13/2019 at 6:26 AM, 1millionClub said:

To do successful trades you need to know technical analysis. It is not a must but 99% of the traders use technical analysis.

So I suggest you to learn these terms before you start trading:

The Mayer Multiple

Moving averages

Relative Strength Index

The Puell Multiple

Golden/Death Cross

google these and learn what they mean. Maybe I'll create a guide for each of them. For now I only explained the Mayer Multiple which works for almost every situation.

Yes agree with every body have to educate her self and now with internet it's easy to do it,thanks for those suggestion,is you said put some guide of them specially Moving averages it's the most used.

[sidik7 1217]

for begginer first think you have a good mentality because is very important for want to as trader and then dont panic in situasion not good in trading . and always to learn with mentor.

[1millionClub 494]

5 hours ago, lakhlomoha said:

Yes agree with every body have to educate her self and now with internet it's easy to do it,thanks for those suggestion,is you said put some guide of them specially Moving averages it's the most used.

Yeah Moving Averages are mostly the best choices to guess the market movements but don't forget that they are the lagging indicators. It is usually a better idea to support them with 1 or 2 other indicators. Also learning about fundamental analysis can be helpful too.

[Bitxalt 452]

I just wrote an article about what you should know as a beginner trader, you can read my article here : 

I hope it can help you buddy!
 

[lakhlomoha 485]

8 hours ago, 1millionClub said:

Yeah Moving Averages are mostly the best choices to guess the market movements but don't forget that they are the lagging indicators. It is usually a better idea to support them with 1 or 2 other indicators. Also learning about fundamental analysis can be helpful too.

Yes of course learn every think in life is good for every one 

[duncun007 3577]

no matter how many guides we write newbies wont learn, i think losing few trades makes you learn better than any guide books because you wont make the same mistakes again.

[cryptosix 1643]

Thanks for your information, but this is very short and without any images. It is hard to understand for a newbie, even I made a tutorial on twitter that need images to understand.

Try inserting some screenshots with this tutorial.

[spyaquino 907]

7 minutes ago, moree4 said:

This is nice tips for who first time want trading, i should you guys who want start trading, use scalping mode its look easy set to time frame 1 min, trade with profit 2-10 sat 

Yes Short term trading is also a trading option, even if the return is small or low, you can still make a good profit while not risking your capital.

[cryptokram 102]

On 10/30/2019 at 1:16 PM, spyaquino said:

Yes Short term trading is also a trading option, even if the return is small or low, you can still make a good profit while not risking your capital.

Short term trading always a good way for us to get a good profit in this business though I cannot deny that it is too risky but it can definitely give a good and huge profit in the future. 

[pageraji 316]

56 minutes ago, opophle said:

I wrоte a Post abоutwhаt yоu Need to knоw as а Noviсе trader, you сan reаd my аrtiсlе hеre:

hai mate where is the link for your article, i think yopu forget to add link or screenshot, trading is not easy to make profit..its need some basic knowledge and a lot of luck 😀

[xBDT Script 4371]

On 10/13/2019 at 5:39 AM, wasabiaki said:

Traditional trading is difficult, but in digital currency its easy to learn to trade,

It's very wrong that traditional trading is difficult because in traditional trading, it's very easy to guess the upcoming macro economy level news, as well as the news from particular stock but you can't get any upcoming news most of the times on cryptocurrency.

Moreover, traditional stock always follow the same pattern, at least most of the times which cryptocurrency don't follow. It's very hard to read the various technical analysis signal in cryptocurrency where in traditional you can easily read them.

I think it's very easy to trade in stock market than cryptocurrency market.

[1millionClub 494]

5 hours ago, igglybuff said:

I would say that an important part is the control of your emotions before during and after each trade.

I usually use support and resistance lines, some patterns and sometimes Bollinger Bands to trade.

That is also true. Being emotional is almost always makes you lose money. It is the same when trading, it is the same when gambling. When you deal with money you need to put your emotions aside and act like a robot. Otherwise, you'll lose money.

[RyujinONE 131]

I tough the topic will be discus about the trading advice like Trading Tools, Line Support and anything related about the trading activity.

This topic just tutorial how to register to exchange platform not a trading guides.

[Keith700 1885]

On 10/13/2019 at 12:39 AM, wasabiaki said:

Traditional trading is difficult, but in digital currency its easy to learn to trade, small amounts can do as long as we can enter a minimum amount for exchanges

There are lot of exchanges now where we can trade

First you have to register to a certain trading exchanges, signup and complete the requirement I advice you to make sure secure the account this is for your protection, at the same time,

Next you need bitcoin , this is what is use to buy tokens in most exchanges , make sure that the address is correct or else your money will be lost, wait for a few minutes or hour depending on transactions mostly its less an hour or so

Once recieve you can now start trading buy tokens you want,

note trading can make you rich but also a bad thing since you have to invest make sure you are willing to take a risk because its a risky business

Good idea, but it is something subjective .. there are more essential things in trading than choosing an exchange or a coin first.
Before entering full trading it is necessary to guide you first and foremost by your temperament and ask yourself: I am patient enough for not this and not to burn my money?, my personality would allow me to succeed?, it starts from there, from psychology, The rest is pure fiction...

[jcarlo 206]

On 10/30/2019 at 12:16 PM, spyaquino said:

Yes Short term trading is also a trading option, even if the return is small or low, you can still make a good profit while not risking your capital.

Scalping may be profitable but it requires focus. Scalping usually uses very short time frames but if you already have good technical analysis, I think scalping is a good alternative in trading.

[spyaquino 907]

3 hours ago, jcarlo said:

Scalping may be profitable but it requires focus. Scalping usually uses very short time frames but if you already have good technical analysis, I think scalping is a good alternative in trading.

Yes, maybe you can probably make more in the long run, but small trades or day trades, as they are called, can pay off as long as, as you said, you have market dominance and the daily currency situation you are dealing with. will negotiate.

[heather 44]

Thankyou for this information, Im new in trading. I want to try how to trade but im afraid of lossing my money. I dont have more knowledge about trading, So I do searching and read some articles in trading, so hopefully verysoon i try to trade. 

[Kimmy So 176]

thank you so much guys for all of this guidelines and tips on doing trading. i am looking forward for doing trading. i need to learn all the important knowledge and information so that i cannot lose my money for doing trading without having strategy.

[Naga 1250]

19 hours ago, yaplil said:

 

First you have to register to a certain trading exchanges, signup and complete the requirement I advice you to make sure secure the account this is for your protection, at the same time,This is nice tips for who first time want trading

Well yea but perhaps you should make sure they have their accounts secure with 2fa for both email and exchange became hackers nowadays are dangerous to exchanges themselves so a trader would be an easy target.

[danherbias07 287]

The basics of crypto trading.

You are correct. This is what I did when I started. Just use a minimum of $100 just so I could enter the exchange since they have a bracket of how much it should be for deposits.

When you start though, that $100 is just easy to lose when you pick the wrong choice of coin to trade.