Trading strategies for beginners

[Bousine123]

I think planning is also very important for every business, if you don't plan before you start, you maybe confused at the end, and one also needs time for his business, if can't create time for your business, you may destroy it.

 

[joy101]

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

The trading strategies for the beginners is to know when to buy the coins and also when not buy, them should understand the process when trading in order not lose their in process them should fully understand it very well.

 

[Nat]

Buy low, sell high. Learn more. Not overreact when price falls. Don't share your wallet details. Keep your password at all cost. Protect your wallet

 

[Genie01]

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.​

The above listed things are very important to know as a beginner trader.
But it is not a strategy but a code of conduct that I believe every trade should live by.
This will ensure you make it big in the long run.

 

[Imran_Noori]

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.​

The best strategy for a beginner in crypto is just holding because it would take some time to trade and learn the market so it is necessary for a beginner to be patient.

 

[UsmanAmoyo]

A trade without a strategy is like a soldier without a gun.
It doesn't make such trader successful, your strategy is your unique way of speculating entering and exiting your positions.
Without it is is very hard to find profitability.

 

[tyrim88]

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.

That is very true,because one of the things that made lots of persons to go into the trading of cryptocurency is that they want to make quick money,and that is where greed will set in.

 

[Agbalagbaa]

Before you can benefit from the market you need to have a strategy, if you don't have a trading strategy there's no way you can earn money, this very important.

 

[Smiles20]

I always advise that a beginner should know how to use trading tools such as a relative strength index that is going to help you to make some basic decisions in the market.