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Author Topic: how to start cryptocurrency trading  (Read 10563 times)

Offline Fawpac2

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Re: how to start cryptocurrency trading
« Reply #15 on: October 22, 2020, 08:33:00 PM »
You need to pick a few dollars and a good exchange to trade in cryptocurrency.  Then if you know the signal there then you can start trading.
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Re: how to start cryptocurrency trading
« Reply #15 on: October 22, 2020, 08:33:00 PM »

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Offline Btceth01

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Re: how to start cryptocurrency trading
« Reply #16 on: November 12, 2020, 05:45:54 PM »
If you want to start cryptocurrency trading, you must first start trading with some capital in hand.  But you must know the signals to trade.  If you do not know the signal, you will never be able to profit by trading.
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Offline Rain075

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Re: how to start cryptocurrency trading
« Reply #17 on: November 23, 2020, 02:33:07 AM »
To start trading in cryptocurrency, you must first take several steps. Do not start trading in cryptocurrency as a new boy.  You need more than luck to succeed in affiliate business.  Pick any one of the exchanges and then you go there and trade.  You will decide on your coin signal which coin you will train on.
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Offline Power

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Re: how to start cryptocurrency trading
« Reply #18 on: December 11, 2020, 04:58:32 PM »
before you start trading you need to mentally prepare for this, and increase your knowledge base. Moral training is needed not to lose your money in a short time.


That is right mate. We need to prepare ourselve. Specially it is a Cryptocurrency world.
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Offline Msweet

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Re: how to start cryptocurrency trading
« Reply #19 on: December 26, 2020, 02:27:47 PM »
Trading in cryptocurrency in a new way requires a lot of knowledge. However, if you start trading through different strategies, then you will need so much knowledge.

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Re: how to start cryptocurrency trading
« Reply #20 on: December 31, 2020, 07:31:49 AM »
Take some dollers deposit in cryptocurrency exchanges and choose any coins and trade as your own Risk.

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Re: how to start cryptocurrency trading
« Reply #21 on: January 06, 2021, 02:43:13 AM »
Take some dollers deposit in cryptocurrency exchanges and choose any coins and trade as your own Risk.
I think cryptocurrency is a very good decision.  In a very short time you can get a good profit through this training.  Of course this trading is about profit loss. You have to train with risk. Thank you.

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Re: how to start cryptocurrency trading
« Reply #21 on: January 06, 2021, 02:43:13 AM »


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Re: how to start cryptocurrency trading
« Reply #22 on: January 09, 2021, 03:05:46 PM »
To start trading in cryptocurrency, you need to know a lot about trading.  If you do not have good knowledge about trading then you will not be able to profit by trading.  To trade you need to pick an exchange and start trading with dollars there.
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Offline MVL~$

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Re: how to start cryptocurrency trading
« Reply #23 on: January 30, 2024, 12:12:11 PM »
I think the first thing to do to start trading is to gain detailed knowledge about trading.  Because what you're about to do is no boy's game.  As much as one can benefit from it, on the contrary, many people are badly damaged.  Now if you are trading in the wrong coin then there is a high probability that you will end up losing money on your capital as opposed to making more profit than your capital and you may end up financially damaged.  Gain proper knowledge about trades to be alert in advance and trade in future.

Offline Litzki1990

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Re: how to start cryptocurrency trading
« Reply #24 on: March 10, 2024, 07:56:36 PM »
Before starting crypto currency trading you need to get a rough idea about trading. Understanding about different coins as well as choosing the right coin for trading are the basic steps of trading. When we have a rough idea about different coins and a good idea about trading then we will plan the next step of trading trading. With proper planning, when we want to start trading with our available capital, before that we must observe the market and then purchase any one of the coins. After buying a coin by observing the market we have to fix certain target at what profit we will sell our investment. If all this can be done according to the plan, then surely a new trader will have a good start in trading.

Offline vegasus

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Re: how to start cryptocurrency trading
« Reply #25 on: March 10, 2024, 10:46:34 PM »
Before starting crypto currency trading you need to get a rough idea about trading. Understanding about different coins as well as choosing the right coin for trading are the basic steps of trading. When we have a rough idea about different coins and a good idea about trading then we will plan the next step of trading trading. With proper planning, when we want to start trading with our available capital, before that we must observe the market and then purchase any one of the coins. After buying a coin by observing the market we have to fix certain target at what profit we will sell our investment. If all this can be done according to the plan, then surely a new trader will have a good start in trading.
Yes, what the OP gave is not specific to crypto trading. Because trading is more complex and also riskier. It's not just a matter of buying and selling. but also about the analysis of certain coins that we will trade, whether in spot or Future, both in Short/Long positions. Because in trading, there are several analyzes that must be carried out, not only fundamentally, such as when we are making an investment, but also technical analysis on every movement of the indicators. And it's quite complicated.

If we are new, then at least we learn to read charts, each candle, its movement, the possibility of short/long positions, and several other complex things. And indeed, in trading, risk management and also the funds we have for trading are very important.

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Re: how to start cryptocurrency trading
« Reply #26 on: March 11, 2024, 04:31:40 AM »
If we are new, then at least we learn to read charts, each candle, its movement, the possibility of short/long positions, and several other complex things. And indeed, in trading, risk management and also the funds we have for trading are very important.
And to be able to do that, those who are really willing to learn how to trade need to spend enough time learning by enrolling in online courses or searching for a tutorial online. There are free tutorials that they can use, to sum up all of the learnings they get from different videos, learning different ways or techniques on what they need to do in different scenarios and movements of candles in the chart.
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Offline Aanuoluwatofunmi

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Re: how to start cryptocurrency trading
« Reply #27 on: March 11, 2024, 08:29:40 PM »
Learning how to start cryptocurrency is not what we can just say with mouth and think that's all that is needed, we need to put all hands on desk for learning about this digital network and if we don't know about it, we cannot do anything, and when we have no idea about it, we shouldn't do it or go for it, it takes time to learn and we can always start with the demo account in the practical aspect while reading through the internet to learn from others.

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Re: how to start cryptocurrency trading
« Reply #28 on: March 11, 2024, 09:49:44 PM »
It's not as easy as you wrote it down,  to start crypto trading, one key thing that is required of you is consistency...
If you're consistent in doing it and also learning and acquiring more knowledge about it, then definitely you will improve...

Offline jeraldskie11

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Re: how to start cryptocurrency trading
« Reply #29 on: March 12, 2024, 07:53:57 PM »
It's not as easy as you wrote it down,  to start crypto trading, one key thing that is required of you is consistency...
If you're consistent in doing it and also learning and acquiring more knowledge about it, then definitely you will improve...
I agree with you, however I cannot declare that his statement is incorrect. We have to spend a significant amount of time to trading since we cannot claim to be profitable in the long run unless we have an edge. Having an edge cannot be obtained in a single day. Many traders have already lost a lot of money because they believe that trading is easy because they profited on their first deal. However, in fact, it is difficult and unpleasant in the beginning, but with a positive attitude and discipline, you can conquer this challenge. The main reason traders fail is that they are focused on profits.

 

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