Quote from: entrepmind23 on February 21, 2018, 02:53:59 AM

Quote from: hoangtujuda on January 24, 2018, 06:52:46 PM

Hello my friends, I am a newcomer to the Trade and I have been Holding the potential coin. I realized one thing I could increase the amount of coin hold by trading them, for example I hold 100ADA then I sell for 0.6$ buy back at 0.56$. I have increased the number of coin. Be sure to buy the right one if you do not reach the target, and the last target is the one you want to target. That's the experience I've been drawn to, how do you feel? Can you trade more effectively?

This would be called swing trading if you intend to buy and sell a coin for a short period of time. Instead of just holding your coin and wait for it to increase in value for as long as you want, you would buy and sell it resulting to holding more coins if you would be profitable in your trading. Many would say just hold it because it is risky to trade but then how can you learn how to trade if you don't try it. Just do it and if ever you lose then take it as a lesson so that you will not make the same mistake again in your future trades.

Quote from: hoangtujuda on January 24, 2018, 06:52:46 PM

P.s: I have a post for some of my new friends to refer to: https://bitcointalk.org/index.php?topic=2777983.0 , you have some advice for them, let me know by commenting on that, and this post is about the best way to trade.

The question is about being a newbie that should be trading or not. I would suggest to trade but first learn the basics of trading because I have seen some people who just buy bitcoin and then ask a bunch of question how to do this or that. They don't search first if their question is already answered and before you put your money into something, you should already know the risks involve and what to do with it. I just hate it that they are asking what is bid and ask, what is trend and consolidation etc. There is google and it can answer all of their basic questions. Besides, if you are really interested in trading then you should just start but learn the basics first. You can never get past being a newbie if you don't try.

Could you recommend newbies about books we should read to get trading knowledge?