As Coin trading or cryptocurrency trading is potential and a new aspect of finance, this thread will show you 5 easy steps to start your coin trading.
1.Where to buy Bitcoin
There are many Bitcoin Exchange and each has its own pros and cons. Bitcoin price is also different for each exchange depending on its traders as well as the number of coin their traders holding and want to hold. Therefore, choose the cheapest Bitcoin price to buy.
2. Which Coin to buy
Go to coinmarketcap.com - A market capitalization site, and look up for information of the Coin you want to buy, such as Market Identifier Code, price chart in observation, quantity, transactional volume in 24h or 1 week, ...
There are about 700 Coins to choose. Therefore, think twice before putting your bet in one or else you will lose it all.
3. Which Exchange to trade
One coin can be listed on various Exchange. Priority Exchange that has a high reputation, many strong Coin listed and high trading volume. Also, You can buy from one and sell in another. Here is what I recommend: Bittrex, Poloniex, Binance, Kucoin ...
4. Which price to buy at and How many
The art of trading is to buy as lowest as possible. Go for the cheapest and If you cant, them simply looking for others or trade back to cash.
5.Which price to sell at and How many
Predictions and technical analysis are what you need to know which sell price would bring the most profit.
From the number two option out of five i think you should not give more credits to coinmarketcap regarding their issues on manipulation. Bittrex is not for new traders Binance is new starters must also stick eith trend topics to be updated briefly and only give interest to legit and reputable sites.
hope to see more in future.