How to start trading Guides for new crypto Traders

[xprince1996 865]

On 10/30/2019 at 1:09 PM, 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 

I suggest to stay away to the coins with low sat price because when the price dump your initial amount will be affected easily. Go with 3 digits coin to be more safe in scalping.

[xprince1996 865]

1 hour ago, moree4 said:

Lowest then 100 sat i think isn't good to do scalping on that coin, i always use coin with price like 100-500 sat for scalping, but looking for your budget to

100-500 sat is a good range thought to do scalping with small percentage of increase it will give you a good profit in short time.

[dmnqe07 365]

This is a nice topic for me because i am a newbie in crypto trading, i will read a lot of stuff in this topic. learning is the best way to be a succesful trader. so to those who already achieve their goals would you mind suggest any tips how to become a succesful like you guys.

[yifnt 666]

And what needs to be a concern is to do trading, don't use the hope that we can get rich quickly, it shouldn't be done. It will only make you unfocused to study and make your mind anxious to think of quick gains

[philosophy 181]

I know it's gonna sound weird, but for most people I'd just suggest a banal start. As Shia LaBeouf said "Just do IT". Trade more and more, make more and more mistakes, be sure you intend to succeed and you will succeed.

Edited November 11, 2019 by philosophy

[Lucifer 134]

On 10/13/2019 at 5:26 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.

I had used a mixture of moving averages with rsi, when the moving averages were crossed, it went into buying / selling was a fairly simple strategy but it was used to make money.

[Scottsummers 347]

Thanks for the pointers. It's taken me a good 12 months to learn the ropes and make even for the scams and dumps I've fallen into. I now settle for smaller returns and lower risk. And accept that until I have more capital. The returns will be smaller. I won't risk my whole bankroll again. 

[palalu 512]

Don’t put your 100% money in one coin, It’s better to have 3-5 or more coin with some fiat. Know SnR. Know fundamental from that coin.

[Syedbesharat 5423]

On 10/14/2019 at 10:11 AM, sidik7 said:

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 well lets starting to trader with a little amount fund you have.

You are right if we want to  teach newbies we have to teach them very basic .They have the knowledge  to use techniques .So they can make  profit from it.Because when the newcomer  losses he try to stop more new comers  in trading.We all want to enlarge our crypto community  with new members.we have to support them from  this forum.Which is good for members and forum.

[scorpiali 5626]

You can add too, If someone have a small amount you choose a small exchange like yobit kucoin exchange,if you have a big amount to trade choose a bige and secure exchange like binance and bittrex 

[pangitmo 186]

Before you start, you need to learn on how trading works and how to use it. You need knowledge in trading, your mind is very much needed.

[on1k3n 470]

New traders have to choose a reputable exchange to help build their crypto portfolio. After you find an exchange, you should do research on the coins that you're interested in buying/selling. Please don't choose the cryptocurrency based on hype or purely on the name because that can lead to a disaster.

 

Look at the numbers to see if this would be a good investment or a bad one. Don't be in a hurry to spend money, make sure you have a plan on how you will invest to keep your money working for you, and not against you.

[Jimmy 437]

I really agree with traditional trading especially on forex and stock was hard and need to learn it first, Cryptocurrency trading was hard too but not really as hard on tradtional trading because it's very volatile and the price was affected by even in some small event or news.

[fuer44 1083]

first deposit first, my advice is not too much yet. then we see the market situation, we see the coins there. check market capitalization, trading volume, supply circulation and total supply to see price predictions for the future. there are also low prices, current prices, and highest prices. then after that, my suggestion is to see a coin with a red sedah chart to buy, then wait for the chart to turn green.

[Tarkin4ik 3160]

I completely agree with you and I would also like to add for beginners that you definitely need to go to develop in only one strategy, it is better to know 1 strategy is good than 10 but bad

[Crypto123 0]

I thought from reading the title that you would teach beginners how to trade, but you really did not, these things that you mentioned everyone knows even beginners!! You have to submit a topic that fits the title.

[ASDFGHJKL17 267]

On 10/13/2019 at 12:39 PM, 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

Yes, u agree with you, you need to have an assurance because it is risky, and before you decide what yoy want make sure you are ready or willing to take the risk. By the way thanks for the guidelines and knowledge. 

[myaccount1 584]

On 11/24/2019 at 10:16 PM, Jona said:

It's very easy to start trading and I think if you wanna learnt for take profit or wanna good earn the you just need to access to you to the btc is making money then why o and taht

Yes if a person have alot of knowledge about trading then it will be very easy for him to getting the high amount of profit.

[sidik7 1217]

On 10/13/2019 at 11:39 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

pay attention when a begineer needs to have the right support or mentor in order to reduce risk and also better to trade on the right coins whose chart are good so that we are easier to get profit .

Edited November 29, 2019 by sidik7

[Agios 1763]

On 11/26/2019 at 11:50 AM, myaccount1 said:

Yes if a person have alot of knowledge about trading then it will be very easy for him to getting the high amount of profit.

Trading crypto is not as easy as we thought, many trading experts suffer losses, so it's not always profitable, but their passion for trading is strong and starts again and again to succeed.

[Zentoly 419]

On 11/29/2019 at 7:04 AM, Agios said:

Trading crypto is not as easy as we thought, many trading experts suffer losses, so it's not always profitable, but their passion for trading is strong and starts again and again to succeed.

Ofcourse those peoples are saying that starting trading is very easy I think it is wrong because the trading needs a lot of knowldge and time. and when you have a lot of knowledge and time then its easy for you.

[Obydullah 65]

Hello bro You are right and thanks for help all person to talk about crypto currency trading.Day by day crypto currency trading is popular ,cause its very bnifitable.but its also risky so if new person to intersted to trading he need to learn analysis crypo currency market.Also he need to keep eyes to his buuing coin or token community.If possible to see all big transection for market up down information.

[dmnqe07 365]

What should be a worry is to do exchanging, don't utilize the expectation that we can get rich rapidly, it shouldn't be Finished. It will just make you unfocused to study and make your mind on edge to consider brisk additions.

[Zentoly 419]

On 12/3/2019 at 6:34 AM, Digicoin said:

I support that trading can make someone rich but it is very and highly risky. 

Right to say in trading have high risks of losing money and sometime trading give us the large amount of profit and if those traders are decreasing their risks in trading they need to trade in bitcoin and eth.

[Whydoyoucare 1094]

My friend taught me this, in trading you must overcome your fear on who'm you are dealing with. because most people who get started by fear, will most likely lose their focus and will end up in losing or at worse you might depressed because of the money you lost.