Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: GAG64 on March 27, 2019, 05:07:36 PM
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Hello, however I am very interesting in engaging into trade of cryptos. I am looking for some advices on how to learn the trading process first and then how to start trtading.
Thanks for all the answers in advance!
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Before starting any business or trading every newbie should research and learn the basics of Forex. If he really wants to become a successful trader then he needs to have strategy and plan and trade according to his strategy and plan.
http://www.forextradingbig.com/the-most-common-103-forex-trading-mistakes/
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Trading cryptocurrency is very simple. it requires a few steps. What you need is what coins to trade, which platform to use and plans of trading.
It is easy to find a platform, download the app and start trading. However, the problem is how to make profit from each trade. What you should find next after learning, the basics is how the experts are making the money from trading.
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Hello, however I am very interesting in engaging into trade of cryptos. I am looking for some advices on how to learn the trading process first and then how to start trtading.
Thanks for all the answers in advance!
I assume you are here into crypto is to earn some nice profits then maybe you should start to learn how to choose a correct ICO to join so you will not be wasting your time and effort in doing scam bounty.
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Hello, however I am very interesting in engaging into trade of cryptos. I am looking for some advices on how to learn the trading process first and then how to start trtading.
Thanks for all the answers in advance!
For you to go into CRYPTO currencies trading you need to first learn what we know as the fundamental trading (this is the one that has to do with news surrounding a project which is either positive or negative) analysis and the technical analysis( this has to do with reading of chat technically) and for you to learn the technical aspect of it with ease of mind, you need to make YouTube your friend where you can find lots of videos that would really help you alot. By so doing you'll learn it very fast.
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Before starting trading I suggest you to understand some basic trading terms such as coin types, market conditions and ways to prepare yourself to face risks.
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If you are just starting out, this is probably this best guide for you https://tradingbeasts.com/cryptocurrency-trading-for-beginners/ (https://tradingbeasts.com/cryptocurrency-trading-for-beginners/). It helped me a lot with my beginnings.
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From my experience, even after a deep research, you will need a beginner friendly exchange site. The one I was recommended and now using is CoinDeal. Let me know how you like it.
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to read books will not be superfluous
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Hello, however I am very interesting in engaging into trade of cryptos. I am looking for some advices on how to learn the trading process first and then how to start trtading.
Thanks for all the answers in advance!
Firstly i just want you to be clear that i am also a novice as you maybe with a bit more experience, i will share how i learn the art of trading, since crypto offers a section which no other investment instrument provide which is bounty hunting you can start from hunting and gather the right knowledge in choosing the right bounty first then when you have some capital then you start your trading. At the same time while doing bounty hunting you should leave some time to study on various aspect of the market for example the candlesticks and how the market behave.
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Cryptocurrency is a complicated place to be successful. You need to get educated about it first. You can get all the information on tradingheroes com cryptocurrency-trading-guide-beginners/. I hope this link will help you.
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You should start by studying the indicators. The main ones that are built into the exchange a bit. Read how to interpret them correctly. I strongly recommend not to join any groups in the telegram chats that send trading signals !!!
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Firstly, you need to read many sources in order to have enough knowledge about trading. If you have a friend who has been an experienced trader, you are better to ask for some advice from him/her. Then, you can join a trader club or channel to have some friends for sharing and update information. In the last stage, you can try trading from a small capital firstly.
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As a newbie, you need to first explore the cryptocurrency world before you begin trading. Cryptos are highly volatile so one needs to be properly aware about how these work and the risk involved. So study about it first, engage yourself on some crypto related forums and then start demo trading cryptos before you go live.
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Firstly, you need to read many sources in order to have enough knowledge about trading.
Agree. This is the first thing that every beginner must do before thinking about buying some coins or starting to trade. Get many sources to have a good understanding of trading and how to start correctly. There are a lot of articles or books explaining in detail about crypto trading.
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Before starting any trading, you need to learning from any expect around, and also go for knowledge, attend seminal and buy related books to embark knowledge towards the area of the trading platform, Secondly you need to know the appearance of candle sticks and they difference name all together.
Goodluck