What kinds of crypto currency are better for beginners? - Page 3
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Thread: What kinds of crypto currency are better for beginners?

  1. #21
    Quote Originally Posted by Senorita View Post
    It's no surprise lots of cryptocurrencies comes up virtually everyday. We just have to be careful to trade with the right one to avoid falling for scam cryptocurrencies which will leave you frustrated in loss in no time. This is why traders must make proper research about the cryptocurrencies they are trying to invest in to see if it have what it takes to give us profits. It will be bad not understanding the cryptocurrencies you are trying to invest in.
    the only thing that scam in cryptocurrencies is the way we should invest in coin. since everything is in virtual data, how can one be sure to invest their own money to such thing which never exist at all? it's fine if we buy a physical coin like bitcoin and keep it inside our vault until its price going up. but then with crypto mining or investing like what we see in the business it's for me not so convincing to do.

  2. #22
    The cryptocurrency and blockchain events often show changes in the game risks of generalizing and presenting valuable networking opportunities with some of the best known names in cryptocurrency. Even if you can not do it in person, it's often worth keeping an eye on live broadcasts and other forms of telecommuting there.

  3. #23
    Trader
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    My dear traders be aware because, these days a lot of cryptocurrencies are comes in the market and peoples are doing scame with traders and investors. in this situation we have need to do trade with a regulated broker like roboforex. Because, roboforex also provide a lot of cryptocurrencies to trade in the market seven days a week.

  4. #24
    A few years ago, I can’t think of digital cash in the true sense. Yes, I can understand the concept of automated cash but now what we are seeing that various virtual currencies which have no physical existence are being traded and exchanged. These digital cash has been named as crypto currencies. And Etherum, Ripple, Lite-coin, Dash, Zcash and Bit-coin, these crypto currencies have achieved good attention from the traders so far.

  5. #25
    For a beginner, bitcoin the the best cryptocurrency to trade because it is the most stable of all the cryptocurrency market, the volatility is not too wild compare to other cryptocurrency and it also has the brightest future of all cryptocurrency. liquidity in bitcoin is also the best. But if you are particularly interested in the high volatility in cryptocurrency, then don't trade bitcoin.
    Always have realistic DREAMS!

  6. #26
    Quote Originally Posted by musiliu View Post
    For a beginner, bitcoin the the best cryptocurrency to trade because it is the most stable of all the cryptocurrency market, the volatility is not too wild compare to other cryptocurrency and it also has the brightest future of all cryptocurrency. liquidity in bitcoin is also the best. But if you are particularly interested in the high volatility in cryptocurrency, then don't trade bitcoin.
    Bitcoin and Etherium are best for trading in my point of view for beginners and everyone. Like Forex the rule is to do the analysis and research and know what to trade. We need do a lot of hard work and search for all simple, hard and complicated lesson from internet and apply our knowledge as much as we can. The important thing is a strategy.

  7. #27
    The problem with cryptocurrencies is their huge volatility and uncertain role of fundamental factors. I would think thrice whether you understand why and how long it moves before trading this sort of things. The chances to win vs. lose are 50:50 and this is not what a cautious trader would expect.


    If the question is 'which currency to choose?', my answer is 'Bitcoin', because the market is, at least, a bit developed. Nonetheless, I personally refrain from trading cryptocurrencies. Thus far.

  8. #28
    When we talk about crypto currency bitcoin is what come in our mind first cause it's the first crypto currency that come out, so when we talk about the best one for a beginner to start with I think bitcoin is what they need to start with, they should first trade with bitcoin and understand this currency better before trying the others once out.

  9. #29
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    I personally started with Bitcoin as well as many. But now I do different cryptocurrencies as I use a good service bitcoin shuffle, which helps to perform operations with any cryptocurrency

  10. #30
    Trader nsawork's Avatar
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    Quote Originally Posted by Atendant View Post
    I personally started with Bitcoin as well as many. But now I do different cryptocurrencies as I use a good service bitcoin shuffle, which helps to perform operations with any cryptocurrency
    There are many cryptocurrencies which are being traded actively and as a trader you can make some profits if you know how to trade cryptocurrencies.

    I am having experience of trading Bitcoin, Ethereum, Litecoin and Dogecoin.

    I've made some substantial amount of profit in trading of Dogecoin and I can say that the appreciation of cryptocurrencies is very fast so a trader needs to be aware of those risks before he actually starts trading in the cryptocurrencies.

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