Trading Tips for newbies

[Sapp]

Choose an altcoin that has a low price. But it has a high volume and has the potential to grow. Of course, also through analysis of several sources including seniors. Wait for future growth and increase.
You will definitely benefit from this investment.

[brendann]

I could not review all replies but few tips are incredible to learn more about BTC nature. Thanks for your support!

[Spc]

Beginners who have just joined the trade, you must also be prepared to lose if the market estimates are not in accordance with the wishes. Buy coins when prices are low and sell when prices rise. This easy material.

[Fly_Away]

Beginners who have just joined the trade, you must also be prepared to lose if the market estimates are not in accordance with the wishes. Buy coins when prices are low and sell when prices rise. This easy material.

There is no game without losing

[cybersoft]

Good read, thanks, mate.
Don't forget to mention, buy low and sell high.
That's the first thing for new traders to understand.
If not, they'll just go ahead and buy the most pumped coin and end up losing their money. 

[kventin.upgrade]

You should also be practise how the market moves.

You are absolutely right, it need more and more practice

[Len]

It is not an easy thing to get profit in teh beginning of your trading career as you have a lot of things running in your mind. New traders are always on a major risk and this risk is the chances of mistakes. You must have to learn quickly and efficiently for staying away from losses. Thanks!

[tsakf]

It is not an easy thing to get profit in teh beginning of your trading career as you have a lot of things running in your mind. New traders are always on a major risk and this risk is the chances of mistakes. You must have to learn quickly and efficiently for staying away from losses. Thanks!

I traded in the stock market 30 years ago. Even the oldest traders, had the #1 objective. To avoid loss. So, when choosing an asset, the first concern, is not to lose! Profits, have a lower priority.

[Abiodun]

It is not an easy thing to get profit in teh beginning of your trading career as you have a lot of things running in your mind. New traders are always on a major risk and this risk is the chances of mistakes. You must have to learn quickly and efficiently for staying away from losses. Thanks!

I traded in the stock market 30 years ago. Even the oldest traders, had the #1 objective. To avoid loss. So, when choosing an asset, the first concern, is not to lose! Profits, have a lower priority.

That's very true... That should be the major priorities of anyone who intends trading... And also knowing the fundamental analysis about the given project to trade..

[dewod_]

I can advise you to gain some knowledge before you decide to trade. And then - find a reliable cryptocurrency exchange, remember to check some opinions about the exchange before you decide to register. Morover, it's good to find the information about security, because not every exchange is rustworthy. I can recommend you CoinDeal, they have the highest security practices.

[crypto101]

Here are some helpful tips to get you started

❗Where to Trade:

Binance.com
Bitfinex.com
Bitmex.com
Bittrex.com
BTC-e.com
cryptopia.co.nz
Kraken.com
Kucoin.com
Poloniex.com


❗Websites for Charting:
coinigy.com
TradingView.com

❗Training YouTube Videos:
www.youtube.com/channel/UCiMgF08KQ4z-Gnu8o2BLOxA/videos
www.youtube.com/channel/UC4gOL3aNl67bIU7U9QVrYJw/feed

so many more youtubers (suppoman trevonjames  Chris Dunn)

❗Crypto Trading Terms:
ASHDRAKED = Lost all your money
BEAR/BEARISH = Price negative
BULL/BULLISH = Price positive
DILDO = Large green or red candle
DYOR = Do Your Own Research
FOMO = Fear Of Missing Out
FUD = Fear Uncertainty & Doubt
HODL = Holding a position
JOMO = Joy Of Missing Out
LONG = Margin bull position
MOON = Price will explode up
OTC = Over The Counter
SAJ CANDLE = Huge green candle
SHORT = Margin bear position
REKT = Had a bad loss
REVERSE INDICATOR = Someone who is always wrong predicting price movements.

❗Handy Websites:
- Coinmarketcap.com
- CoinWarz.com

❗Trading Communities:
- BabyPips.com (trading training)
- No links to other forums (forum)
- @CryptoGroups (telegram)
- TradingView.com

❗Security:
- Use 2FA on all accounts
- Add pin only access to your mobile phone provider
- 2FA on all email accounts
- Enable 2FA on withdrawals & trades if possible

❗*Information: Trading on others advice is the best way to lose money, yes there are respected names in the industry but even they get it wrong. If you're new, its best to paper trade (trade without real money) if you can prove you make money consistently for 6 months, then you're ready to trade with real money. Margin trading is for people who know what they're doing, if you don't, its the quickest money you will ever lose.*

‼Warning & Disclaimer‼
- Cloud mining sites are largely scams.
- Pump & Dump groups are largely scams, especially if you have to pay to join them.
- All HYIP's & MLM's are scams, you will get banned from all groups if you are found participating or sharing HYIP/MLM links, dont make money out of scamming others, learn to trade.
- There are scammers posing as well known members on telegram private messaging people asking for money, DONT SEND!
- Dont open files posted in these groups
- Careful about clicking on 3rd party links, these can easily be malicious.

- All advice given here is to be taken at own risk, I have no affiliation with any exchange & exchanges can be hacked. If an exchange gets hacked, your funds could be lost with no recourse, so be careful.

‼ Scroll to the top‼

thanks, keep sharing like this mate

[taken9]

I can advise you to gain some knowledge before you decide to trade. And then - find a reliable cryptocurrency exchange, remember to check some opinions about the exchange before you decide to register. Morover, it's good to find the information about security, because not every exchange is rustworthy. I can recommend you CoinDeal, they have the highest security practices.

I agree, reliable and trustworthy exchange is a key to success, there are so many scams so it is important to be careful while choosing one. Recently I found ranking TOP 5 trading platforms for EU, where Coindeal reached 1st place: https://cryptomag.me.

[etheridge9]

I can advise you to gain some knowledge before you decide to trade. And then - find a reliable cryptocurrency exchange, remember to check some opinions about the exchange before you decide to register. Morover, it's good to find the information about security, because not every exchange is rustworthy. I can recommend you CoinDeal, they have the highest security practices.

Some exchanges are preparing tools for their (mostly unexperienced) traders like Coindeal did, enabling GalaxyScore feature, which signals the best moment to buy or sell a cryptocurrency. It seems pretty simple, i think it's just collecting some combined measure of cryptocurrency indicators to check whether some cryptocurrency is doing fine. It might be useful signal for newcomers.

[Nerglio]

Being attentive and patient is my personal recommendation, which will be useful to you at first.  Attentive, because there is a lot of fraud and patient, because not everything comes to trading right away, you will have to work.

[tsakf]

Beginners who have just joined the trade, you must also be prepared to lose if the market estimates are not in accordance with the wishes. Buy coins when prices are low and sell when prices rise. This easy material.

If you make a mistake, and you think that prices will get lower, you can sell. Then, when the price is lower, you can buy THE SAME AMOUNT of coins, and keep the price difference, as a profit.