Getting Started in Trading, for Newbs

[CryptoKujira]

If I could pin one thing at top of this forum...

Tips

1. Never invest more than you can afford to lose.
2. Never invest more than you're comfortable with losing.
3. Never put all your eggs in one basket. Diversify your investment holdings.
4. Start with a paper money account. Use it and learn how to trade for 3-6m.
5. Then start with $100-$250 and learn how to trade real money for 3-6m.
6. Train your brain to remain calm. No room for emotion in trading.
7. Don't quit your day job until you're able to pull in double or triple your annual salary, while trading part-time.

Facts

1. Investing or trading in anything is risky.
2. Investing or trading in crypto is even more risky.
3. At some point, you will lose money.
4. At some point, you will feel frustrated and angry.
5. At some point, you will want to say fuck it, and quit.

Trading Terminology

• Investopedia

Tools for Technical Analysis (TA)

• tradingview.com (US)
• capital.com (UK)
• trading212.com (UK)

Tools for Tracking

• CoinMarketCap
• MarketWatch
• Blockfolio

Popular Crypto Exchanges

• Binance (China / Malta)
• Bitfinex (Hong Kong)
• Kraken (US)
• Bittrex (US)
• Coinbase Pro (US)

Popular Hardware Wallets

• Trezor
• Ledger

Additional Tips

1. Never send your coins to someone. It's a scam. You will get rekt.
2. Never invest in ICOs. Most are scams. You will get rekt.
   
3. Never get involved in pump and dump groups. They are scams. You will get rekt.
4. Never leave your coins on exchanges if you long term hold. You will get rekt.
   
5. Never take financial advice from anyone on a forum, chat room, or trading site. You will get rekt.

 

[Alexpaberla]

1. “”Never take financial advice from anyone on a forum, chat room, or trading site. You will get rekt“”

Hmm Shall i trust you ? Or get rekt ?

Seems Like: “ trust me When i Say trust No one “

 

[CryptoKujira]

1. “”Never take financial advice from anyone on a forum, chat room, or trading site. You will get rekt“”

Hmm Shall i trust you ? Or get rekt ?

Seems Like: “ trust me When i Say trust No one “

It's true. Catch me shilling a particular coin or investment and I wouldn't trust me at all.

 

[Timmy9991]

If I could pin one thing at top of this forum...

Tips

1. Never invest more than you can afford to lose.
2. Never invest more than you're comfortable with losing.
3. Never put all your eggs in one basket. Diversify your investment holdings.
4. Start with a paper money account. Use it and learn how to trade for 3-6m.
5. Then start with $100-$250 and learn how to trade real money for 3-6m.
6. Train your brain to remain calm. No room for emotion in trading.
7. Don't quit your day job until you're able to pull in double or triple your annual salary, while trading part-time.

Facts

1. Investing or trading in anything is risky.
2. Investing or trading in crypto is even more risky.
3. At some point, you will lose money.
4. At some point, you will feel frustrated and angry.
5. At some point, you will want to say fuck it, and quit.

Trading Terminology

• Investopedia

Tools for Technical Analysis (TA)

• tradingview.com (US)
• capital.com (UK)
• trading212.com (UK)

Tools for Tracking

• CoinMarketCap
• MarketWatch
• Blockfolio

Popular Crypto Exchanges

• Binance (China / Malta)
• Bitfinex (Hong Kong)
• Kraken (US)
• Bittrex (US)
• Coinbase Pro (US)

Popular Hardware Wallets

• Trezor
• Ledger

Additional Tips

1. Never send your coins to someone. It's a scam. You will get rekt.
2. Never invest in ICOs. Most are scams. You will get rekt.
   
3. Never get involved in pump and dump groups. They are scams. You will get rekt.
4. Never leave your coins on exchanges if you long term hold. You will get rekt.
   
5. Never take financial advice from anyone on a forum, chat room, or trading site. You will get rekt.

If I could pin one thing at top of this forum...

Tips

1. Never invest more than you can afford to lose.
2. Never invest more than you're comfortable with losing.
3. Never put all your eggs in one basket. Diversify your investment holdings.
4. Start with a paper money account. Use it and learn how to trade for 3-6m.
5. Then start with $100-$250 and learn how to trade real money for 3-6m.
6. Train your brain to remain calm. No room for emotion in trading.
7. Don't quit your day job until you're able to pull in double or triple your annual salary, while trading part-time.

Facts

1. Investing or trading in anything is risky.
2. Investing or trading in crypto is even more risky.
3. At some point, you will lose money.
4. At some point, you will feel frustrated and angry.
5. At some point, you will want to say fuck it, and quit.

Trading Terminology

• Investopedia

Tools for Technical Analysis (TA)

• tradingview.com (US)
• capital.com (UK)
• trading212.com (UK)

Tools for Tracking

• CoinMarketCap
• MarketWatch
• Blockfolio

Popular Crypto Exchanges

• Binance (China / Malta)
• Bitfinex (Hong Kong)
• Kraken (US)
• Bittrex (US)
• Coinbase Pro (US)

Popular Hardware Wallets

• Trezor
• Ledger

Additional Tips

1. Never send your coins to someone. It's a scam. You will get rekt.
2. Never invest in ICOs. Most are scams. You will get rekt.
   
3. Never get involved in pump and dump groups. They are scams. You will get rekt.
4. Never leave your coins on exchanges if you long term hold. You will get rekt.
   
5. Never take financial advice from anyone on a forum, chat room, or trading site. You will get rekt.

You talk like an experienced crypto trader can I learn a few things from you...plan to go into trading soon
How can I contact you

You seem to be an experienced trader so can I learn a few more things from you
How can I contact you?
Thanks

 

[BassTrackerBoats]

You seem to be an experienced trader so can I learn a few more things from you
How can I contact you?
Thanks

You can ask him questions in public so not only you are getting a benefit but the others that read here can as well.

 

[CryptMedia]

Summary: Use common sense

 

[Timmy9991]

You can ask him questions in public so not only you are getting a benefit but the others that read here can as well.

Alright thanks

 

[daianapotter]

Summary: Use common sense

Something that people usually dont use xD