Advice for newbies - page 4. | Bitcointalksearch.org

Rockstarguy

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

It is important to understand the rules of the crypto market, without the rules nothing can be achieved, it is just a waste of time and funds. The rules in crypto is nothing but knowledge, knowledge to know the right crypto to trade with, knowledge to understand the market and how it works, knowledge of know understand the limits of trading, and knowledge on how to handle greed. The rules in trading must be followed and every one of it is important and has a good role to play.

gunhell16

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

Honestly dude, I don't really understand what you are saying, Maybe you mean that when the market falls we should take advantage of the fact that we can buy Bitcoin or other cryptocurrency that has potential in the market and then just hold.

And when this happens, just wait for the value to drop again and then buy again, it's like you're saving little by little whether it's Bitcoin or crypto. It seems like this is what you want to convey dude, am I right? Good day to you

irhact

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Quote from: Oneandpure on June 02, 2023, 07:33:00 AM

I don't sure worth following whale signal in cryptocurrency trading, but if the early entry with some altcoin has chance for earning profit but when you late actually floating are waiting for you and need longer time for recovering. I stop following with other trade about signal or their recommended because too risk and some whale publish about their investment after few hours investing and price have reached up.

Crypto whales manipulate altcoins market more since they have more influence there than the Bitcoin market. The Bitcoin market is worth more so for them to have an impact they'll need more capital which is why they have shifted their focus to although that they can influence the market with low capital due to the low marketcap of the coins. Also they're shifting attention now to memecoins.

They're only investing in those project because they know they're community projects that rise due to hype that they can sponsor and make money from those that'll believe in the hype. Altcoins are worst if you want to follow whales as they dump and pump different coins.

awik p

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Quote from: Wiwo on June 02, 2023, 05:41:28 PM

Oos failed to mention how he managed sudden drop and high volitilities even though he said he will be following whales pattern, Bitcoin and other assets are commodities that it realities dose not follow a certain pattern and that is know it's impossible for anyone to predict or design a steady and accurate price prediction so at that.

It is very important for you to design your own way of managing your portfolio in a way that with the outcome regardless of what directions are bearable and enjoyable depending on the outcome of the border at the end of the session.

in trading we can only take advantage of opportunities according to our understanding, so there are often differences in analytical views, and that is a natural thing, and profits or losses are normal, as long as at the end of the month we still get the remaining profits so that we can increase profits at the end of the month. next month. and of course with the plans that we implement we can fulfill the portfolio that has been scheduled and achieve the results according to plan

Wiwo

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Oos failed to mention how he managed sudden drop and high volitilities even though he said he will be following whales pattern, Bitcoin and other assets are commodities that it realities dose not follow a certain pattern and that is know it's impossible for anyone to predict or design a steady and accurate price prediction so at that.

It is very important for you to design your own way of managing your portfolio in a way that with the outcome regardless of what directions are bearable and enjoyable depending on the outcome of the border at the end of the session.

Smartvirus

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Quote from: BitDane on June 01, 2023, 05:51:39 PM

The rank in the forum is not the measure of the person's knowledge about the market. It is possible that the person just recently signed on the forum but had been involved in the cryptocurrency and bitcoin industry for years. I don't mind reading the advice of newbies as long as they bring new information that I can learn.

Oh wow! Tell me something I didn't know.
Of course I do know that as, the forum isn't the only cryptocurrency community out on the Web although, it stands as one wth the most traffic, userand reputation so yeah, people have got to have some source of information out there. On top of that, a lot is superficial.

Trading has evolved and still is evolving. Its one of the most difficult thing to do but as you try, having to blindly follow ot copy trade is something that shouldn't be adhered to in the name of following the rules or going along with the big institutions. They've got what it takes to withstand any market condition and you don't. You've got to have a reason for the positions you take amd big institutions aren't that reason.

blockman

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.

Is that even advice? I don't think that advice is for the newbies. It's an advice for yourself. Since you know the rules of the market and you know that it's like a game to you then that's much an advantage for you so, make yourself rich from this market.

Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Follow the rules of funds and wall Street sec and Fed and you Are good here.

How someone can do that and what should be the resources in knowing and to keep one updated from these?

Asiska02

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

Is it necessary to know the rules of the game as a beginner? Knowing the rules of the game will take a lot of practice and time to have an in-depth analysis of the market. Going for an in-depth analysis signifies that you’re going to be a regular trader that needs all the knowledge in the market to be able to gain profits.

If that’s not the case, just learn the basics of the market. Buy and hodl bitcoin for a long time and don’t panic to sell because of the volatility of the market, at the long run you’ll reap the rewards of your investment.

Renampun

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

everyone here already understands that if you can guess where the big players are going you will definitely profit in the market, but it's not as easy as it looks, it's quite difficult to be able to guess how these big players work, especially for newbies who are just getting into market.

so the best thing in my opinion is that you can play it safe by investing according to your abilities, don't be too forced, and increase your investment slowly, and hold it up to the point you want. never be consumed by speculation and stay focused on what you are holding now, just believe that it will be able to bring you profit.

goaldigger

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Quote from: Zaguru12 on June 01, 2023, 04:31:11 PM

How about keeping it simple, but when there is dip or buy when you have funds for it or buy using the DCA method, hodl for long and sell off when your profits target is reached.

Buying and selling is not that easy, you should know when to buy and when to sell because some are greedy and forget to take profit most of the time.

This can be a very simple strategy but it doesn't work well most of the time, I believe timing and right knowledge is still the key for you to succeed.

Trading is not easy, it can be very stressful so make sure to spend some time for this, even DCA can make you stress so be cautious and be responsible with your investments.

ItsCrafty

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Quote from: arwin100 on June 02, 2023, 05:19:54 AM

Strategy like this cannot go anywhere since for sure no institutions will announce on when they gonna buy and what figures they going to set. They might get deflected by other manipulator for that maybe best for him to move to other strategy and start to learn to do DCA or maybe try to learn charting since this could give more better insights on when to buy or even sell. Listening to news maybe good strategy but always do our own diligence on our set trades.

Agree with your discussion. But, being a newbie in trading you need to have a lot of knowledge and understand the techniques before you start. Take the time to learn about the fundamentals of trading, including different markets, trading strategies, risk management, and technical analysis. First determine how much amount /capital you have spare or surplus to invest, that’s because you might face losses if some of your decisions are not good. Create a well-defined trading plan that outlines your strategy and risk tolerance also. Trading is a continuous learning process where you gain knowledge from your mistakes. Keep up of market news, follow experienced traders, and engage regularly in trading communities where you can learn a lot from the experts and identify your own areas for improvement.

AicecreaME

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My advice is that don't buy a certain altcoin just because it's cheap, do some research first if you don't want to buy a shitcoin. Invest on top coins, that way you're sure you're in good hands, hold that until you want to sell it for a certain price where you are happy from the profit you're going to make. Don't rush things up, because it's worth the wait. Don't put all of your money in cryptocurrency, since you gotta have something to spend in your everyday needs.

Oneandpure

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Quote from: irhact on June 02, 2023, 06:35:53 AM

Following whales of the cryptocurency market can be very deceiving as those guys don't care about anyone they just want to make more money and aren't ready to lose because they invest so much into their trade with very large capital. Whales are evey manipulative so don't always follow their trades, wait for there to be a confirmation on the charts before you place your trades.

Instead of following others trade, newbies should learn how to read the market so they don't depend on others to predict their trades. Trading isn't difficult when you learn and make sure you understood everything properly before begining to trade yourself or you'll lose.

I don't sure worth following whale signal in cryptocurrency trading, but if the early entry with some altcoin has chance for earning profit but when you late actually floating are waiting for you and need longer time for recovering. I stop following with other trade about signal or their recommended because too risk and some whale publish about their investment after few hours investing and price have reached up.

For the beginner better check and research by your self, don't follow the whales signal about coins for trading because has chance for losing your investment and they have ready for getting profit than holding. Beginner should learn more every day and always check about which one potential coins have to buy and coins event for upcoming time to see potential or not for investing.

irhact

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

Following whales of the cryptocurency market can be very deceiving as those guys don't care about anyone they just want to make more money and aren't ready to lose because they invest so much into their trade with very large capital. Whales are evey manipulative so don't always follow their trades, wait for there to be a confirmation on the charts before you place your trades.

Instead of following others trade, newbies should learn how to read the market so they don't depend on others to predict their trades. Trading isn't difficult when you learn and make sure you understood everything properly before begining to trade yourself or you'll lose.

arwin100

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Quote from: mk4 on June 02, 2023, 12:34:35 AM

Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

So pretty much.. buy what the institutions and big money are buying? lmao. Can't name a worse strategy than that. Like, do you actually think that no one has thought of that already?

Strategy like this cannot go anywhere since for sure no institutions will announce on when they gonna buy and what figures they going to set. They might get deflected by other manipulator for that maybe best for him to move to other strategy and start to learn to do DCA or maybe try to learn charting since this could give more better insights on when to buy or even sell. Listening to news maybe good strategy but always do our own diligence on our set trades.

palle11

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Follow the rules of funds and wall Street sec and Fed and you Are good here.

Staying only on those may be the beginning of your confusion because most times the figures do not add up to what is going on in the market and you are going to be confused more if you don't know anything about technical analysis, money management etc. Trading cryptocurrency does not require reliance on government figures or agencies.

Frankolala

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You should have more knowledge on whatever topic you are creating so that you can express yourself better. From your points, it shows that you are new into trading and don't understand how the market works. It is better that as a newbie, you should know the fundamental and technical analysis before you can start trading. At first,you should start with little funds that you can afford to lose to have the experience.

I will advise you to be careful when you are going into trading because it is as risky as gambling, if you are not a professional. Buy at dip and sell when the price is high,but it will be more nice if you buy and hold for long.

Uruhara

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In essence, maybe what you mean is that we have to understand analysis based on fundamentals as well in crypto trading and investment activities. Because indeed at this time economic upheaval and all kinds of it and also even political movements can also be one that has an impact on the crypto market. The same is true for the impact on the stock market and other investment assets.

and analysis of these matters is included in the fundamental analysis. in which we also monitor the release of economic data for every country and every big company.

for beginners a simple advice is to learn technical analysis, fundamental analysis and then sentimental analysis.

mk4

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Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

So pretty much.. buy what the institutions and big money are buying? lmao. Can't name a worse strategy than that. Like, do you actually think that no one has thought of that already?

BitDane

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Quote from: Smartvirus on June 01, 2023, 05:22:08 PM

Quote from: Shortmaster on June 01, 2023, 04:24:19 PM

Know the Market learn the Market and it's very important to know it's financial and big instutions playground.
U got to know their rules of game.
I know the rules of game and i make all the moves according how the big guys and big funds moving.
Follow the rules of funds and wall Street sec and Fed and you Are good here.

It's always an interesting read when you gind a newbie trying yo advice other newbies on what go and what not to do. How to work the crypto market and persist on the forum.
That's just how interesting the crypto space is, any one can teach and even teach what they've not yet mastered but, this is a Shortmaster anyways and could just be as good as the user poses.
Your welcome to the forum and we hope to see good things from you in the days you would be with us.

The rank in the forum is not the measure of the person's knowledge about the market. It is possible that the person just recently signed on the forum but had been involved in the cryptocurrency and bitcoin industry for years. I don't mind reading the advice of newbies as long as they bring new information that I can learn.

Quote from: Smartvirus on June 01, 2023, 05:22:08 PM

No doubt, big institutions initiative the moves that becomes the drives for sentiments that move the market but if I must ask;
You stated tha, we should know their rules and I suppose that means: the rules of the big institutions.
How about listing just a few for clarification.

Yeah I agree, instead of giving us a general statement why don't you @OP educate us about these rules of big institutions, how can we know more about the news of their plans and where can we connect to keep us updated.

Topic: Advice for newbies - page 4. (Read 694 times)