I'd prefer to stay with medium trading (not scalping or daily trading) it will not require you to stick all time to the graphs. And a tip - no more than 1-3% of budget for a single deal ( if you have 10-15 deals a week).
Topic: 5 tips for cryptotraders! - page 2. (Read 671 times)
Trading is a mean and complex game where you have too many odds to go broke or become nervous as hell I'd prefer to stay with medium trading (not scalping or daily trading) it will not require you to stick all time to the graphs.
And a tip - no more than 1-3% of budget for a single deal ( if you have 10-15 deals a week).
I'd prefer to stay with medium trading (not scalping or daily trading) it will not require you to stick all time to the graphs. And a tip - no more than 1-3% of budget for a single deal ( if you have 10-15 deals a week).
And now all our appreciation to the Captain Obviousness, Major Obviousness and General Obviousness. But this one - 2. Do not spend too much time on trade! is really good. Do not be hard. Relax.
But this one - 2. Do not spend too much time on trade! is really good. Do not be hard. Relax.
The most important advice is not to invest everything in one coin, it is very important, don't neglect these rules.
Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
all your suggestions and tricks may be useful for traders who have not yet understood trading, and all you suggest is certainly not an easy thing for everyone to do, let alone to avoid panic and patience, that's a very difficult thing to do everybody , because a trader knows the market movement is very panic and can not wait to sell or buy what they think will be profitable for him, so indeed a trader must be able to control the emotions of panic and patience, that is very difficult for him to do. 5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
Probably the first tip that you give is the one which is more difficult for people to apply, there are so many cryptocurrencies that people get confused about which coin to buy and then they try a shotgun approach to invest, they invest in as many coins as possible hoping that some of them skyrocket and earn money that way when they should apply the sniper approach and only invest in the few coins that are worth your time and money. 5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day them to become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well and remember patience is the golden rule..
4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
5. Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people.
I hope someone was useful. Good luck and big profits! BTCBTCBTC
most ordinary people do not have trading skills . the best strategy is to hold good coins for a long time . it is best to choose the top 20 coins . except for ripple , it is a centralized coin .
Good advices. For each trader, this can be a different set of rules. For me, the main rule is to follow my rules when trading, as often I do not follow my plan for position
Good advice. The main thing is not to be a hamster, but to become a whale.
Much appreciated
tip is very good. especially point number 3. never panic and decide to cut the losses because it will only worsen the situation and will cause regret in you
and other tips are very useful for me as a beginner
and other tips are very useful for me as a beginner
I don't think your point of view is of much use. These are the basics. If these are not, it will be in disorder. If these do not understand. So I think it may be a bit of a problem with IQ.
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Just a quick reminder to all of our community that soon we will release the beta version of the professional trading terminal for cryptocurrencies - our very own Tradelize Terminal.
And that means we are about to launch an epic-battle royal amongst pro Traders.
At the end of fund-raising Tradelize will select the top 300 traders from their blockchain-proven records and transfer 80% of the collected money to those traders for management.
🎉The top 10 traders will receive up to $ 500,000 to manage.
🎉The top 11-50 traders will receive up to $ 100,000 to manage.
🎉The top 51-100 traders will receive up to $ 75,000 to manage.
🎉The top 101-300 traders will receive up to $ 45,000 to manage.
50% of the profit from the management of this capital will be transferred to the trader!
Registration will be available very soon so stay tuned for the updates.
I feel a lot of things that you have mentioned here are easier said than done. It is practically not possible to not freak out when the market turns red. Everyone has reasons to feel worried. It takes a lot of experience and practice to not freak out under such circumstances.
Apart from the tips mentioned by you, there is a different side to this story. Not everyone who does trading is an experienced fellow. I am sure that a lot of them are 15-16 year old teenagers. They will not follow such advice and would blindly sell their tokens the moment they see the slightest of fall in prices. Even hardcore and experienced traders fail to implement this.
Apart from the tips mentioned by you, there is a different side to this story. Not everyone who does trading is an experienced fellow. I am sure that a lot of them are 15-16 year old teenagers. They will not follow such advice and would blindly sell their tokens the moment they see the slightest of fall in prices. Even hardcore and experienced traders fail to implement this.
Of course it's easier said than done. However, if a person can not master the trader's qualities, then he will only lose money in this market.
If the trade does not fit better not to trade. Trade is not for all people.
I feel a lot of things that you have mentioned here are easier said than done. It is practically not possible to not freak out when the market turns red. Everyone has reasons to feel worried. It takes a lot of experience and practice to not freak out under such circumstances.
Apart from the tips mentioned by you, there is a different side to this story. Not everyone who does trading is an experienced fellow. I am sure that a lot of them are 15-16 year old teenagers. They will not follow such advice and would blindly sell their tokens the moment they see the slightest of fall in prices. Even hardcore and experienced traders fail to implement this.
I would rather go with the second and third tips. This is because these two tricks lead you to the economic stability. Not spending too much in the start because spending too much in the start sometimes results in loss because when a new guy enters the market, the assumption of perfect information is often no met. Apart from the tips mentioned by you, there is a different side to this story. Not everyone who does trading is an experienced fellow. I am sure that a lot of them are 15-16 year old teenagers. They will not follow such advice and would blindly sell their tokens the moment they see the slightest of fall in prices. Even hardcore and experienced traders fail to implement this.
Also when one sell coins when the market is red results in loss. And this contributes even further to the red market.
1.) Patience is the key. You must have the right set of mind as when to hold and when to sell your asset.
2.) Never panic sell! Market recovers over time and if you don't want immediate money, never sell your coins at a lower price.
3.) Never put all your asset in an exchange. Hold as much as you can in a personal digital wallet and only keep some in exchange for trading purposes.
2.) Never panic sell! Market recovers over time and if you don't want immediate money, never sell your coins at a lower price.
3.) Never put all your asset in an exchange. Hold as much as you can in a personal digital wallet and only keep some in exchange for trading purposes.
Patient and don't panic has a big importance during trading. Although above lists mention serves as tips to cryptotraders which really should adapt this techniques to traders. It is not easy to do trade it really caters knowledge, patient and determine to earned.
very often the obstacle I see is too panic with their market and cannot be patient in taking decisions. This is actually the basic problem but is disregarded when the panic is already messed up their minds. panic selling when the price drops will only result in losses and that's what precisely do many traders when pricing a crypto down.
It look like none of you says the we should not be greedy at all times. This is a very alarming emotion of all traders even busineman and employee arr being trapped in this type of emotion. Sometimes when the price is allol out high in the market, trader demanded even more to get a higher profit, leaving them vulnerable to a greater loss. That is T.A and F.A should not be taken lighty because it can help you decideing when to sell or buy.
Yeah Choosing the right exchange is very important where there is active traders is more better than relative quite exchange that makes you sell very low
Becoming a crypto trader is not at all an easy thing to do and that you must put in lot of efforts to perform in a way which can then help you in making of money. The most important thing which you need to do is that you must keep on learning new things and to do so, you must take out sometime out of your busy schedule. Learn the strategies which can then help you in becoming a better trader. Hello, I would like to give advice to beginning traders, perhaps many people know this, but not all, especially they are relevant for today's market.
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day theyto become yet more. Even to the professionals difficult at times to recognize scam tokens, that to talk already about novices. If you begin the way of trader only, trained first on stable currencies with large capitalization.
5 tips for cryptotraders!
1. Do not buy up everything that see!
Presently very much tokens and every day they
Yes your right and if some are like that I would call it an crypto adik. One must control, the option I see that one must buy or invest on the amount that you are ready to lose because it is a investment no one know the outcome in one click investment on cryptocurrencies.
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2. Do not spend too much time on trade!
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
Many people think that after sitting as long as possible while looking at the charts, they will find a potential gold deal. First, the crypt market is so dynamic that if you miss one opportunity, you will have 5 new ones. Secondly, to trade tired very bad idea, which usually will cost you a lot of money.
A good suggestions I dont know traders who spend to much time because as I know before getting into trading one must know everything but still you suggestion (tips) is good for newbie traders. Also to add up I cant speak on all of your idea for this number 2 because some sentences I read, its just I don't get it.
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3. Not panic!
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well.
Fear and panic are the two biggest enemies of every trader. Remember that cryptocurrencies are too volatile and be ready for it.Do not rush to do something, think well.
I would like to summarize and get to the point of being a trader, this Do not panic just hold when outcome investment do down. Wait for it to rise
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4. Don't get fooled by tricks!
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
New altcoins-this is what lose money a lot of beginners. The desire to recognize the new bitcoin has already destroyed many cryptotraders. A lot of altcoins that enter the market are absolutely not suitable for long-term investments or are pacifiers at all.
I would like to say that this is also a nice tip but for a first time trader you can not avoid sometimes because when a trader do something and make mistakes for picking altcoins its not there mistakes because when you are a traders and pick altcoins it is a gamble to see the possibility of negative or positive outcome.
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5 Choose the right exchange!
No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people
.No less rapidly growing and the number of exchanges. Many people want to lure you with attractive terms, but you have to understand that for them there are certain risks. It is better to start working with already proven exchangers which are used by most people
Right and as for me one should make research because there are many exchange site that give high fee and yes pick an exchange that is common to many traders
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I hope someone was useful. Good luck and big profits! BTCBTCBTC
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