Personally, I am not trading crypto coins at the moment, but just holding just like you. But the only advice I can give you is to first of all get all the necessary basic knowledge on crypto trading before going into it. And don't forget to always stake what you can afford to lose.
Crypto currency trading
- Thread starter Nomad
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- #62
Trading can name you rich in short time, however, the main issue with trading in volatile market is the finance. If ypu are not financially capable to hold your investment, you will be at loss.
I'm not a veteran or an expert when it comes to crypto currency trading or exchange but what I'm doing presently is just to buy the crypto when the price is low, then I resell them when the price is on the high side.
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I have been hearing Cryptocurrency trading but I also don't know how to get started, I think the best way to go on trading is to learn it from tutor
You could get ideas from YouTube and also learn from experts in the field. Personally, I use the cryptocurrency chart to predict the price movement.
I'm not into cryotocurrency trading,I'm still on the process of gaining good idea on it and I believe with time I will become an expert on crypto trading.
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I think defining crypto currency trading as something that you buy when the market is low and sell when market is high is too simplistic definition. There is lot more to trading than buying in dip and selling when price soars. I think you need ability to understand the signals.
I dont know much about crypto but i feel you have a good chance of making profit by trading crypto. Before you go into crypto trading though you have to acquire enough knowledge about it.
Bro, for your own sanity don't make use of bots no matter how much they sell the idea to you that it's very profitable. Just ensure you get a basic knowledge of the market and join any successful trading group for further guidance and learning.
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Cryptocurrencies trading needs to be trained very well. I am not good in cryptocurrencies business and this can be difficult to give much advice on cryptocurrencies.
Consistency then be active in cryptocurrency Forums and you should also join different trade platform to filter ideas and signals, you will be fine and also become a pro in trading cryptocurrencies.
It
It is not the matter of joining a forums any how.which platform is secure to join to get money,most of the platforms are not reliable.let me know I don't want to loss money.
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Loosing money is inevitable in cryptocurrency the world is very important is minimising your locks is maximizing profit. check out the different cryptocurrency platform especially on telegraph he will be able to filter the best ones to join.
Yeah. Crytocurrency trading bots are somewhat good. I have a friend who's into this and he keeps making a lot of money from this investment. But for you to make some cool cash weekly, your investment capital should be around $100.
The bots that you choose to use can be integral in your profit hwoever i think that there are a lot of settings that you have to set up in order to try and make sure that they work in the right way.
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The cryptocurrency trading is a very volatile trading and comes with lots of risk. The amount of money you are advice to invest is the amount that you are willing to risk, because it is a Speculative market.
I would like to tell you that if you have good experience about cryptocurrency then you can earn money by trading in it.olym trade is a best crypto currency trading form.
So happy to see you venturing beyond your comfort levels. Would gladly help you, split your investments into many smaller portions. Invest in 10% in Bitcoin (doesn't matter how small a portion you get) we are planning for systematic investment. invest 10% in Shibu, 10% in Dogecoin 10% in Phantom 10% in Link 10% in Terra 10% Mana 10% Cardano 20% Ethereum. If any of these coins skyrockets you can easily make your capital back. During a bull trend would ask you to keep an eye on Greed and Fear index when the index hits maximum sell your coins and leave only 10 % remaining so that if it raises again in the future. Cut your losses and let your profits run.
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Trading is a more risky aspects of cryptocurrency. If you want to start actively trading then you should go and then technical analysis and fundamental analysis.
You should first of all be able to equip yourself with the knowledge of cryptocurrency trading which is going to involve knowledge of technical analysis and fundamental analysis to help you predict price.
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