Bitcoin Garden Forum
Cryptocurrencies => Trading => Topic started by: jilani416 on May 04, 2019, 05:16:07 PM
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Hey I am newbie this forum and analysis that Bitcoin market down last 2 years.So I want to how much money need for trade and how get profitable frorm trade.I think this forum have many expert traders so I requested to all please tell me your experience about trading.
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I follow a very simple rule and that is to have right money management, as when we have that then we will make good and consistent money. Another major benefit that I personally have is with broker like FreshForex, as they offer me 101% Tradable Deposit Bonus, and makes life so much easier especially in situations when I am uncertain.
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how much capital money do we use for trading relative, it cannot be mentioned how many, according to the assumption that more capital is used will be faster and there are many advantages in trading, but it is not impossible with small capital by buying good coins and the price continues to increase can also quickly get profits easily and quickly.
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I don't think there is a specific amount of money that is required for trading, just don't trade with the whole of your saving. As a newbie, you need to learn for some time how trading works, don't just jump into trading based on the advice of one or two people, be wise.
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Well, you are supposed to use what you can afford to lose while trading. You cannot just throw all your reserves into a particular coin as well. Learn to share your portfolio among several coins, not more than 3 at a time. Most times I trade Icx, Veil and Neo. This helps you have time to research properly on them and reduces your risks of making losses. Also there's no particular trading rule. Once you have done your research on coins with great community backing them up and have a potential to be massive, you should be able to invest and trade such coins.
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Suggestions only, use enough funds and don't use a lot of funds to trade because it will make you waste your money. because there is no understanding of trading things such as reading charts, seeing situations and conditions
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If you are new in crypto market trading and as a newbie in the business, first of all you have to study the market you don't just fund your trading account and start trading without first knowing the risks behind trading. You need to trade with low amount of money first taste your trading skill.
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if I think you are a beginner, you should first learn about good procedures for trading altcoin, so you will also understand and easily get many benefits
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I'd advise you to first get background knowledge on which project you want to trade. Trade good and potential projects.