Trading strategies for beginners

[Tienda]

Bitcoin trading is the best option to take in consideration as extra income. But as beginners we should be prepared before we engage in investing our money on the cryptocurrency market. For this reason I will share with you some strategies:

1- knowledge is the power
2- Set aside funds
3- Set aside time
4- Start small
5- Cut losses with limits orders
6- Be realist about profits.​

 

[Niftyyem]

The best strategy in my books is to be armed with enough knowledge of the trade before venturing into it. Secondly, avoid greed or rather be disciplined. Lastly, be sure to gauge your risk appetite first.

 

[Ltherman]

That's great seems like a do able plan especially for a beginner. It s just a rinse and repeat kinda system and repetition of the knowledge acquired will make it quite easier for one at the end of the day.

 

[Dubai]

In addition to your listed strategies, I would advise a beginner in the market to get informed always and trade without greed. You can avoid mistakes if you follow the rules and stick with one bitcoin wallet as new trader.

 

[Sotherefore]

One simple strategy for beginners who are ready to trade bitcoins and other cryptocurrency is that you should not enter market just because you want to make much profit or just because you think the market will go that way but you must be able to analyse the market, do not allow your emotion to control you I mean don't just place trade just because you have loose and you want to recover your funds they are all trade killer and you will end up losing more

 

[Erik4150]

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

 

[BrolySSJ]

Bitcoin trading is the best option to take in consideration as extra income. But as beginners we should be prepared before we engage in investing our money on the cryptocurrency market. For this reason I will share with you some strategies:

1- knowledge is the power
2- Set aside funds
3- Set aside time
4- Start small
5- Cut losses with limits orders
6- Be realist about profits.​

this is very good advice points. The most important one in my opinion has to be the one where you know where to cut your losses. Many feel that it is not worth it to sell a coin off at a loss than what you bought it however it is always important to remember that if you analyze the market and the coin seems to fall continuously, then you need to prevent further losses by selling the coin. It is possible you can make up your loss in future trades, however waiting for a coin to rise may never happen.

 

[btaliat]

That is a nice analysis. I always tell people to start cryptocurrencies small. You don't put all your money on one coin. Start small and invest in different coins at least 3. And never have the mindset of getting richer quickly. It is a gradual process.

 

[Akinwale701]

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

Post automatically merged: Jan 6, 2021

Another important strategy in cryptocurrency trading is knowing when to buy and when to sell.
You should buy cryptocurrency when the price is low and sell it when the price rises.
For instance, now would be a bad time to buy bitcoin in bulk because of the price, it would be better to buy it when the price falls.

as a beginner in the crypto business, I have always loved to learn more and more everyday. from a group of people who have been in that business for so long. I'm glad to be here

 

[GIFTMICHAEL]

Your explanation is very simple and clear for beginners who wish to start and wish to make some profit with their little tokens. Those listed strategies are right. What actually becomes a challenge to most beginners is that that want everything at once. Greed is one of those things that every beginner need to avoid.
Starting small is the way to becoming successful in business be it crypto currency or other form of business venture.

 

[Ojonuyo]

Your explanation was wonderful and well understood by me. Like you have said, knowledge is power and should come first before any other requirements. Without been knowledgeable about the world of forex you would fail in no time. And also starting small is important.

 

[Highflyer]

10 Day Trading Strategies for Beginners

• Set Aside Time, Too.
• Start Small.
• Avoid Penny Stocks.
• Time Those Trades.
• Cut Losses With Limit Orders.
• Be Realistic About Profits.
• Stay Cool.
• Stick to the Plan.

 

[Goodday]

Good tips for beginners in crypto trading. But I would like to emphasize on one which is to always study the coin very well before starting the investment. Most people start investing in bitcoin when the price is raising which is very wrong, you need to always study the price, wait for price drop and then invest. And with time, the price definitely will rise again and you cashout.

 

[Ehtisham memon]

Trading strategy for the begginer I don't I known about the cryptocurrency and bitcoin trading is increase day to day when to sell it bitcoin and when to buy it bitcoin it's a begginer is little bit difficulty if he know about fullly he join the bitcoin and crypto trading

 

[Kaindio Agnes Wanja]

In addition to the above listed strategies,for a beginner should seek and gather enough information about the trade before venturing into it and should have a plan,stick to the plan and work with no greed

 

[kayode10]

It's very important to acquire proper knowledge about the investment you want to go into before you start out. This will help you to avoid common mistakes made by the newbies. To further acquire more knowledge, I would you to ride under the wing of an expert in the trading you want to start with.

 

[Iamsodex]

The best strategy in trading any market whatsoever is to first acquire good knowledge and understanding of how the market works, how volatile the market is. These will first put the trader in the right frame of mind that trading is not a get rich scheme or any sort of money doubling program then after that you can proceed to learn the technicalities.

 

[Suba]

Bitcoin trading is the best option to take in consideration as extra income. But as beginners we should be prepared before we engage in investing our money on the cryptocurrency market. For this reason I will share with you some strategies:

1- knowledge is the power
2- Set aside funds
3- Set aside time
4- Start small
5- Cut losses with limits orders
6- Be realist about profits.​

Thanks for sharing, you should explain what basic knowledge a novice trader needs to learn, and you need to explain when to cut loss, whether this method must be done repeatedly or just once.

 

[Ralphjoe]

The best strategies to be a good Bitcoin trader is by getting the required knowledge about the coin and how it is traded, always trade the kind of amount that you can afford to loose. Always trading with small amounts.

 

[MarieArie]

this is very good advice points. The most important one in my opinion has to be the one where you know where to cut your losses. Many feel that it is not worth it to sell a coin off at a loss than what you bought it however it is always important to remember that if you analyze the market and the coin seems to fall continuously, then you need to prevent further losses by selling the coin. It is possible you can make up your loss in future trades, however waiting for a coin to rise may never happen.

It's important to note that you have to be analytical in whatever you're doing. If you noticed there's a drastic fall in the market place, you have to take precautions to curb more misfortune or loss to be invited.

Post automatically merged: Jan 16, 2021

this is very good advice points. The most important one in my opinion has to be the one where you know where to cut your losses. Many feel that it is not worth it to sell a coin off at a loss than what you bought it however it is always important to remember that if you analyze the market and the coin seems to fall continuously, then you need to prevent further losses by selling the coin. It is possible you can make up your loss in future trades, however waiting for a coin to rise may never happen.

It's important to note that you have to be analytical in whatever you're doing. If you noticed there's a drastic fall in the market place, you have to take precautions to curb more misfortune or loss to be invited.