Points To be taken care of while trading in cryptocurrency for the beginners.
Never buy any coin which is already up 15-30 % in last 24 hours , the movement you buy it , it will show come to it's orginal price giving you a loss
Set a goal from coin either long term or short term. if you want to trade short then sell your coin when its up 15-30 %. For purpose use sell bid.
For long term you don't have to check and trade rapidly on it.
Just take care of forks associated with the coin.
Sending a coin to international exchange from another exchange does include some withdrawal fee which tends to be same for upto certain limit , so try to send maximum in a single transaction to save repeatedly fee.
Don't invest in every other Ico's they are coming in numbers everday. Most of them are fraud, some have very slow distribution.
Always take note of your passwords , most of the wallets doest not come with any recovery options ( eg. myetherwallet)
While enabling Two Factor Authentication always take note of input phrase or qr code.
otherwise if you reinstall google authenticator there wouldn't be any login..jpeg)
Be safe , trade safe!!
i agree with all these points!
If you are planning to invest in cryptocurrencies make sure to spend at-least 24 hours of effective reading time understanding what is blockchain, what are cryptocurrencies, security measures you should take before investing in cryptocurrencies and so on. Please remember that no research is enough and you need to keep updating yourself constantly. What could have been true a couple of months ago might be completely wrong now. Technology, Finance, Investment strategies, Regulation and every other thing about cryptos is changing at such a fast pace that you need to update yourself on a daily basis. In crypto lingo it is called DYOR : Do Your Own Research
Cryptocurrency is the best way to startup in our country.
Beginners must follow this.
cryptocurrency market is too volatile it reduces 100% then it also gives 1000% back ,so if any one come to this market they should have paitence
A well explained post for the newbies of this field to have a look into.. read and gain some knowledge before you enter this field.
Yes this is true begginers must follow this
Helpful
crypro need patience. timely decision and research....
Beginner must be careful while doing trading in crypto.
Really informative
Great post my friend.
Keep posting good stuff.
Good concept .. beginners must follow it :)
Good!! this might help new traders like me. And guys let me tell u #crypto is future. you can ask this person if m wrong @moneyguruu
@moneyguruu is best!
Very helpful
Good info for the beginners
Beginners must read this carefully and use stop loss it also important.
Sell bids neeed to be placed at the time of buying you won’t be in losss
Next blog on how to create my ether wallet plz
Buy high sell low... 😜😜😜
exactly keep in mind while doing trading otherwise wait for loss
Its time to buy crypto not sell
oh man blockchain is future