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Author Topic: Trading tips for begineers  (Read 1652 times)

Offline Rehan Zakir

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Trading tips for begineers
« on: April 21, 2021, 09:26:48 AM »
I recycled around Bitcoin and some handful of good altcoins; I trade with full balance since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

Please share your technique with us.

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Trading tips for begineers
« on: April 21, 2021, 09:26:48 AM »

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Offline iloveyobit

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Re: Trading tips for begineers
« Reply #1 on: April 21, 2021, 11:20:08 AM »
good strategy, profitable but still risky because as the market moves up fast its moves down with the same speed and you can earn all your profit with your capital in minutes so make sure to do risk managements and let a side amount of money to rebuy when the market crash because its a chance for more profit..

Offline hunalu

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Re: Trading tips for begineers
« Reply #2 on: April 22, 2021, 12:01:10 PM »
DYOR. Talking about me, fond of music field, what I've found out, there are not many unique solutions that come with great tech. Would outline Utopia Genesis Foundation (UOP) - looks like they are coming with uniqueness on music field. Through the UOP, artists will be able to ask their fans and investors to crowdfund their projects. Their tokenized songs are attributed to The International Standard Recording Code (ISRC), which entails the right to collect revenue for the song, and the ability to distribute the revenue to the people who have sponsored the track. While this is easy to take for granted, the archaic structures of the institutional music industry have limited such seemingly straightforward accounting mechanisms, as evidenced by the Black Box, where billions of dollars are lost every year. Read on Utopia, curious to discuss

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Re: Trading tips for begineers
« Reply #3 on: April 23, 2021, 02:34:31 PM »
my advice is one, first think carefully about whether you need it , whether you are ready to take the risk, because the crypto market can be treacherous and you can lose part of the deposit in a few minutes, and read a lot and study what projects you want to invest or trade.
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Offline CoinSocialStory

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Re: Trading tips for begineers
« Reply #4 on: April 23, 2021, 09:02:48 PM »
Hello there!  Check out our price-tracking website for crypto assets CoinSocialStory (you can easily find it on google)

We deliver vital data on BTC, ETH, LTC and other most popular cryptocurrencies!:) you can also compare the value of two coins via a chart on the website - it's a super useful tool for beginners

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Re: Trading tips for begineers
« Reply #5 on: April 24, 2021, 04:11:39 PM »
I recycled around Bitcoin and some handful of good altcoins; I trade with full balance since altcoins and the bitcoin market move in the opposite direction; I fill my bags with altcoins when the alt markets are down against Bitcoin and sell them when the market is on the rise to buy bitcoin which will be on a downtrend at that moment.

Please share your technique with us.

You're doing the right thing dude, at the same, there was a risk waiting for you once you become neglectful doing it. Although
Yes, we can earn in that way, but there is danger waiting for us into our assets. So, be careful, of course, while I for what I did now was so simple when the price goes up I'll sell when the price down I'll buy so simple isn't?
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Offline Arkann

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Re: Trading tips for begineers
« Reply #6 on: April 24, 2021, 04:50:05 PM »
I believe that it is very difficult to advise something to a trader who, perhaps, already works in this area much more than myself. but today the cryptocurrency market presents quite large opportunities even for inexperienced beginners. thanks to the correction, you can get a fairly good profit by engaging in long-term trading and get high profits from the price difference.

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Re: Trading tips for begineers
« Reply #6 on: April 24, 2021, 04:50:05 PM »


Offline Cadaver20

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Re: Trading tips for begineers
« Reply #7 on: April 24, 2021, 09:08:31 PM »
What we usually see is that when the price of Bitcoin goes up, the price of other Altcoins goes up and when the price of Bitcoin goes down, the price of other Altcoins goes down. But the price movement of Bitcoin and Altcoin was a little different during this bullrun. At first the price of Bitcoin went up and then the price of Altcoin went up. This is what you understand and you have made some profit by using this technique.  But this is not always the case. You are so lucky that you are not in a loss.
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Offline raisajahan

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Re: Trading tips for begineers
« Reply #8 on: April 24, 2021, 11:56:03 PM »
I think trading is that where you have to profit from buying particular coin that means buying a coin in low price and sell that at a higher price. For that first of all you have to analysis about particular coins or tokens price history that will be available in that exchanger or further you can check coinmarketcap.com where all the coins and token historical data available.

Offline Mas Bro

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Re: Trading tips for begineers
« Reply #9 on: April 25, 2021, 03:55:07 PM »
Your strategy is very good. But cryptocurrency trading is very high risk, as the market moves up and down very quickly. Study the project carefully before you invest. Actually what I did was very simple, when the price went down I would buy, and wait for the price to go up to sell it.
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Offline Carbitcoin

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Re: Trading tips for begineers
« Reply #10 on: April 25, 2021, 04:03:15 PM »
Your strategy is very good. But cryptocurrency trading is very high risk, as the market moves up and down very quickly. Study the project carefully before you invest. Actually what I did was very simple, when the price went down I would buy, and wait for the price to go up to sell it.
undoubtedly, the project itself must have sufficient real and demanded goals in society in order to be successful. But most of all, we must monitor what is happening in the cryptocurrency market and at the same time observe the actions of the developers, as well as study all their announcements. today, many projects very quickly begin to increase in value precisely because of the relevant news, because the community reacts with lightning speed. For example, when the information about the listing on Binance sounds, then everyone buys this asset.
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Offline Raqeebzy

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Re: Trading tips for begineers
« Reply #11 on: April 25, 2021, 11:45:33 PM »
To beginners. Don't trade shit coins. Coins with very low or poor community and holders are always the first way of identifying shit coins and they might not be safe in most of the time to be precise. Trade coins you already made research on, and convinced of the project future and invest with proper prelaid plans. Yes, these are financial for newbies especially.
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Offline Tessnik

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Re: Trading tips for begineers
« Reply #12 on: April 30, 2021, 07:24:09 AM »
This strategy often works so long as you keep on recycling around those known altcoins, but it does not have long-term sustainability.

Offline azmirihaque

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Re: Trading tips for begineers
« Reply #13 on: April 30, 2021, 08:25:09 AM »
Very good trading strategy.  There are different kinfs of trading strategies and it is one of them. But before starting trade, it is necessary to deeply study the market. It is necessary to know when the price is dereasing and increasing, what is the best coin to invest. Trading is not always ptofitable. It is risky and trading strategy is the strategy of mitigating risk for making profit.

Offline smrityirany

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Re: Trading tips for begineers
« Reply #14 on: April 30, 2021, 08:36:40 AM »
!t is very much difficult to give opinion about trading for the beginners. At first I ask every beginners to gain knowledge about crypto market, crypto coins and different types of projects. when you invest , at first look for the movement of that project. If the price is go down you can buy and when it will rise up then sell it but do not buy shit coin.

 

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