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How to Begin Trading Cryptocurrency? Newbie here.

Posted: February 13th, 2018, 6:39 am
by Giraudel
Hi all.

I want to start trading crypto (Bitcoin and altcoins). I have no idea what to start from.
I assume first thing I need is a site (an exchange).

I would also really appreciate to get any tips for total newsbies like me. :D What are the most common mistakes, where to pay attention, the caveats etc...

Thanks everyone in advance! 8-)

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: February 14th, 2018, 6:07 am
by Millionaire
Giraudel wrote:
February 13th, 2018, 6:39 am
Hi all.

I want to start trading crypto (Bitcoin and altcoins). I have no idea what to start from.
I assume first thing I need is a site (an exchange).

I would also really appreciate to get any tips for total newsbies like me. :D What are the most common mistakes, where to pay attention, the caveats etc...

Thanks everyone in advance! 8-)

One simple tip for you: start with a very low testing amount to try the things out. Try to increase your money +10-20%. If you keep being profitable for a long period, you can start playing with the full amount.

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: February 16th, 2018, 12:00 pm
by Drosan
0. Don't trade on Yobit: there are a lot of scam coins, pumpers and other shit.
1. Don't buy a shitcoin with a price of a few satoshis (1-10 sat).
2. Never follow pump groups: they will fool you.
3: Never store all your money in your exchange or wallet.

Good luck!

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: March 23rd, 2018, 10:37 am
by harview
Okay, now I've got a question: is it safer to store cryptos on an exchange market's cold wallet, or on my own hot wallet?

On one hand I guess it's safer if I'm in charge of my cryptos, on the other hand I think I'm more vulnerable to hacking.

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: September 10th, 2018, 9:10 am
by TammyHub
Be careful, never leave cryptos under someone else's control. So, withdraw your tokens to your own wallet. Find out about the cryptocurrency trading strategies for begginers.

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: September 11th, 2018, 3:14 am
by torkinakiza
it is a huge responsibility. You must be very careful with the transactions you do and as long as you can follow advice from people with more experience. I am not an eminence in trading but I advise you to start with a good free simulator my friend

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: October 18th, 2018, 9:22 am
by BradRB
xx

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: October 18th, 2018, 9:28 pm
by cryptowarrior
torkinakiza wrote:
September 11th, 2018, 3:14 am
it is a huge responsibility. You must be very careful with the transactions you do and as long as you can follow advice from people with more experience. I am not an eminence in trading but I advise you to start with a good free simulator my friend
I cannot agree more @torkinakiza! I have one advice for the beginners - a few tips on how to trade on the CoinDeal platform. The FuturoCoin released a very nice tutorial - you can find it here: https://newsroom.futurocoin.com/how-to- ... beginners/ in an easy way described what to do step by step. I used it myself for my first investments in the FTO (https://futurocoin.com/). I strongly recommend you this coin, I invested a in it and I do not regret!

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: October 22nd, 2018, 10:21 am
by leviicecream
cryptowarrior wrote:
October 18th, 2018, 9:28 pm
torkinakiza wrote:
September 11th, 2018, 3:14 am
it is a huge responsibility. You must be very careful with the transactions you do and as long as you can follow advice from people with more experience. I am not an eminence in trading but I advise you to start with a good free simulator my friend
I cannot agree more @torkinakiza! I have one advice for the beginners - a few tips on how to trade on the CoinDeal platform. The FuturoCoin released a very nice tutorial - you can find it here: https://newsroom.futurocoin.com/how-to- ... beginners/ in an easy way described what to do step by step. I used it myself for my first investments in the FTO (https://futurocoin.com/). I strongly recommend you this coin, I invested a in it and I do not regret!
Same, my friend invested and he won money with FuturoCoin by CoinDeal

Re: How to Begin Trading Cryptocurrency? Newbie here.

Posted: October 23rd, 2018, 8:32 pm
by cryptowarrior
leviicecream wrote:
October 22nd, 2018, 10:21 am
Same, my friend invested and he won money with FuturoCoin by CoinDeal
Hi @leviicecream! Seems like you are also interested in investing in FuturoCoin. Or did you already invest? I curious about your and your friend story. Look forward to see your new posts about FTO.