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Author Topic: how to become a trader  (Read 910 times)
anhlandibo12
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January 11, 2018, 11:44:17 PM
#181

Your question is very interesting. To become a trader you must first have money, secondly, you should have basic knowledge about the market cryptocurrency, some common terms. Once you have the basics, you start buying potential crypto to trade the profit from the exchange rate increase.

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January 11, 2018, 11:59:01 PM
#182

Turn your money into bitcoin or eth and then buy the coins you want and hold it for a good couple of weeks or days depending on your target profit and boom you will see the magic of crypto  Cheesy
simple as that but many characteristics should be possessed in order to earn a lot in trading.

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January 12, 2018, 12:43:11 AM
#183

how become a trader? simple you register a trading site and invest bitcoin and buy a coin . if you buy a coin check first a  all coin are register coinmarketcap.com and check a supply a coin .

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January 12, 2018, 08:57:43 AM
#184

They need to be born)
Trade is a drug, and very strong.

When a person loses money, he is looking for where else to take them and play again!

Either the lack of patience makes it impossible to earn more.

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Anco_Marzio
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January 12, 2018, 09:32:42 AM
#185

You need to study a lot, because trading is an hard and risky activity.
You can find a lot of free material on the net: open a demo account on a forex broker and start to try some strategies.
Then, apply them to crypto

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January 12, 2018, 10:34:54 AM
#186

Trading is one of the risky thing it is because you will be exchanging goods of money there are some scammers from this. You must have to learned the things that are needed in how to trade . In becoming a trader you have to learned the basic and study hard about this.
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January 12, 2018, 10:39:47 AM
#187

Trading is different then investing, first you should determine if you are going to trade or invest. Investing is buying and holding for years, trading is simply buying and selling to make a profit regardless or the fundamentals of a coin.

Figure out which coins you like and buy and hold them dont trade them, on the other hand find coins you think will go up in maybe a couple of months and try and trade those.

Stop losses and indicators are something you should become familiar with and remember trading has a lot of emotion involved, dont let your emotions get the best of you. Good luck
Actually trading and investing are really to different thing in cryptocurrency. Like what you say. But in additon to that trading will require a lot of skills and knowledge. Because if you dont have it im sure you will always experience losses. But if you are ready and willing  to learn then you will not encounter in struggle in being a good trader some day. Just keep on reading and reading in this forum. Never stop in educating yourself. And im sure someday you will be also great.

Shinigami78
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January 12, 2018, 10:40:08 AM
#188

you need capital to trade. the profit you earn depends on your initial capital and your market analysis to determine which coins will benefit. the greater your initial capital will be the greater the profit you will earn.
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January 12, 2018, 10:44:52 AM
#189

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
If you really want to become a trader you need to study trading by reading books or reading trading materials online they are free. You need also to develop your own trading system. Because trading system is very important to a trader it defined your rules to make profit.
A little knowledge is dangerous so just study hard don't trade base on feeling.

Blue2012
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January 12, 2018, 12:09:31 PM
#190

I think being a trader is greatly different from being an investor. It is indeed more risky in trading, you might get loss and gain through buying and selling , while investing you just have to hold for a certain time and you can sell when the time of exchange rate is high enough.

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January 12, 2018, 12:24:06 PM
#191

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
You know become trader just need capital then buy and sell, I think what you need to know is how to be able to understanding, analyzing by reading the existing information.

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January 12, 2018, 12:35:45 PM
#192

They need to be born)
Trade is a drug, and very strong.

When a person loses money, he is looking for where else to take them and play again!

Either the lack of patience makes it impossible to earn more.

Learning how to become a trader is really a hard thing and you must work for it. Trading is not about reading the price movements its about timing the market so you can make money. Its very risky yet profitable so better to study more about it first.

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January 12, 2018, 12:37:47 PM
#193

I have no idea about trading .But want to learn trade how become trader please help and give me some information and share some site.
You know become trader just need capital then buy and sell, I think what you need to know is how to be able to understanding, analyzing by reading the existing information.

just what he said earlier, you just have to analyze the market's price and situation to gain much more profit from the coin that you will buy.

ramzhies
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January 12, 2018, 01:08:45 PM
#194

in cryptoland, everyone can be a trader.. follow the swing like how the boat rides the waves..
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January 13, 2018, 07:09:07 AM
#195

There are types of methods in crypto-currency trading:
  • Classic trading,like in the stock and currency markets.
  • Arbitration between crypto-exchange exchanges.
  • Investment of funds at the start (or before the start) in the project for forex or fork.
  • Work with derivatives (derivatives) Bitcoin.
  • Work on PAMM accounts.
So choose your strategy, work through it and begin you earn money from money Smiley

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ramzhies
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January 13, 2018, 07:35:37 AM
#196

read a lot on forex trading..
determine ur risk appetite.. if higher risk, go for day trding.. medium risk, position or swing trading.. low, invest lol
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January 13, 2018, 08:22:08 AM
#197

I want you to be patient and humble because when everything goes wrong it might too hard to tell that it is the strategy to earn money. You need also to be analytic and observant in order to update the situation in full alert. This might be a good challenge to us because you will be struggling some basic knowledge materials to make a whole new level. Trading also needs characteristics on other person like communication you need to bond on some other traders not to stole their idea but to learn how much it takes to be a trader. At some point you could learn how to be a risk taker in prices and how to handle money.

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January 13, 2018, 10:03:31 AM
#198

You need to have some capital first in bitcoin in order to have a capability to buy some altcoins in the market. After you prepare your bitcoin for a capital then you should study the chart first like how to read the candlesticks and also how to use some indicators that you may see in the different exchanges or site that will enable you to use as a charting tool.

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January 13, 2018, 10:14:04 AM
#199

If you intend to become a trader, the cryptocurrency market is the best place for you . You will gain experience and grow with each and every trade you complete. Experience is the best teacher as they always say. In cryptocurrency that is very true.

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January 13, 2018, 11:21:36 AM
#200

Firstly you should be understand the risk so only use money willing to  lose to start it, and then learn about technical analysis and how to read the chart and learn how to specify support area for buying and resistance area for sell. Other thing learn how to manage the risk in trading and built good risk management and trading plan like specify amount of take profit and stop loss, and the most important thing is learn how to manage your emotion in trading, dont be greedy and always be patient.
We should always be aware on the risk Bitcoin could give us. Because risk is always there in any type of investment, trading or even in business. Trading Bitcoin is not just like other form of trading because the changes in terms of price on cryptocurrency is quite fast and the movement is constantly changing so it will need to have graph and to have a proper education for us to know the right decision.


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