Basic trading strategy for newbie to make a profit - page 4.

palle11

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Quote from: VuSpark on November 24, 2021, 01:05:16 AM

You can start learning from YouTube, Medium, BitcoinTalk amd Twitter.

Start basics of Trading From YouTube their are lots of channels in YouTube that help you to How to trade in cryptomarket CryptoCred, CoinBureau and Tradesocialogy etc

In Twitter you can follow big name in the cryptomarket like BitconTrapper, Cryptowhale, BloodgodBTC,EmperiorBTC. CryptoNewton, and many more...

BloodGodbtc and Emperior has medium where they publish all their article and crypto related stuff

Learn and analyze their trades, and started trading with minimum account of money for practice

Following big names is good but it is still no guarantee for profit or successful trades and just like you also agreed and suggested learning and analysing trades, this is the best advise for any new trader because you want to learn but not to copy trade from big names because after all you want learn the ropes of the trading. . So staying with practice is the only guarantee and hope for success.

Zilon

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Quote from: Yudha2015 on November 21, 2021, 07:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Do you have the patience to learn? It's not easy any where not even in trading. You will agree with me a lot of people got something tangible from airdrops and bounty many made it big through bounty and airdrops and many are also making it big in trading but you should first developed the patience to learn.

try this out

Sebas.tian

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Quote

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily.

Since you are a newbie,it will be better to start with short term investment which is good for any newbies to start earning profit daily or weekly in the community. Try to buy coins when the price is low in the market which is the easiest way professional traders use to earn income daily from their trading. Don't be in horry whenever you are trading your coins as a newbie because market price can change within a seconds or a minutes for anyone trader to achieve daily profits.

bakasabo

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Yudha2015, I think you are confusing trading with "money button". I think not a single person, teacher or course can guarantee that you will get a daily profit from trading. The are basics like "buy low sell high". Besides this, no one invented anything new. You just need to follow cryptocurrency news and now know how to read them correctly to make decision when to sell or buy. That is it. I dont know what can someone teach when the price goes down and how to make profit from it. Despite knowing that the price would go even lower and you can sell, rebuy, resell and etc.

justdimin

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Quote from: Vaculin on November 23, 2021, 04:05:20 AM

Newbies should never rely to any signal groups as they tend to make more advantage on us rather than we are the one who will take advantage on them. It's always better to learn from your own research and deep analysis to understand more about trading, all its basics and its fundamentals. And there's a lot of useful resources we can find in the internet, just like watching demo videos in youtube and its alike. It's just a matter of managing your time and knowing your priorities if you really want to learn in crypto trading and build strategies on how to make profits.

Those signal groups make the most profit from those newbies unfortunately. Since they are newbies, they have no idea how things work and that is why they end up with getting a lot more invested into signal groups.

What is a signal group at its core? Some guy arranged some indicators to notify people when it goes under or over an indicator. I could make one today in 10 seconds, "notify the group when Bollinger band is under 20 and tell them to buy", add in 100 coins there and you are done. Would it work? Not really, not everything that is under bb20 would mean it would be great to buy, not to trade at least, but since you could wait a long time then you could say it recovered and you profited after few months. It is just humiliating.

globalpain

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Quote from: LastKiss on November 23, 2021, 11:04:26 PM

Quote from: Botnake on November 23, 2021, 09:50:43 PM

Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important.

Indeed, in trading requires knowledge as well as skills and I think those are the two capitals that we must have before starting to trade,
greed in profiting is not good and can attack ourselves,
those who are still newbies must also learn in terms of making decisions

traderethereum

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Quote from: LastKiss on November 23, 2021, 11:04:26 PM

Quote from: Botnake on November 23, 2021, 09:50:43 PM

Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important.

When they become greedy because of expecting bigger profit in trading, they better prepare to miss many times good chances to sell their coins and take profit because they will not use the moment to get profit instead still waiting for more.
We do not know what will happen to the market and it is better to use any moment that we see to our benefit to achieve our goals.
Whether you join the telegram channel or follow other people's signals, as long as you can use that for yourself, I am sure you will profit from that.
I am agree that experience will help us gain more knowledge and skills to improve ourselves to be better than before.

Yudha2015

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Quote from: palle11 on November 21, 2021, 12:54:45 PM

Quote from: Ararbermas on November 21, 2021, 12:22:47 PM

daily is difficult mate wherein its like a gamble especially if you don't have enough knowledge in trading ..

It is not difficult it just depends on the strategy that you have learnt. With trading daily you can make daily income as op is asking for what to get running on, daily trading will be better for him because he may not have the patient for swing trade

Quote from: Yudha2015 on November 21, 2021, 10:13:15 AM

Dear All... I will try to search on youtube also for reference.

That will be a nice step for you. Avoid pay group if you are not sure of it but trying with practice account or demo account will be nice to build your confidence and emotion too.

Yes Sir...
Thank you for remaining me. I just try to practice in demo before I'm really know how to read the technical and fundamental on Market. This is really not easy...

gabbie2010

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Quote from: xSkylarx on November 23, 2021, 11:16:12 PM

Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

In most cases, joining telegram groups and receiving signals is what newbies will do. I used to do this when I was able to find an experienced and well-regarded trader who was willing to provide signals. You will win some trades, but you will also lose some, because there is no guarantee that you will win even if you have a good signal. I am not saying that it is ineffective, but I believe that it is preferable to do it yourself because, if the trader stops giving signals, you will have nothing to fall back on. Additionally, I believe that it is preferable to conduct your own analysis and compare it to the signal that the trader provided.

It is going to take some time before the OP can grasp the whole idea of trading, for now there is no way he can compare his own signals with other trading channel signals, while relying on paid signals wouldn't allow or give room to personally learning how to trade.
The best bet is for the OP to muster courage and start learning how to trade though it's not an easy task but with perseverance, determination and researching while putting effort the OP will eventually make a headway if he doesn't relent in his efforts toward becoming a successful trader.

VuSpark

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You can start learning from YouTube, Medium, BitcoinTalk amd Twitter.

Start basics of Trading From YouTube their are lots of channels in YouTube that help you to How to trade in cryptomarket CryptoCred, CoinBureau and Tradesocialogy etc

In Twitter you can follow big name in the cryptomarket like BitconTrapper, Cryptowhale, BloodgodBTC,EmperiorBTC. CryptoNewton, and many more...

BloodGodbtc and Emperior has medium where they publish all their article and crypto related stuff

Learn and analyze their trades, and started trading with minimum account of money for practice

xSkylarx

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Activity: 2366

Merit: 594

Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

In most cases, joining telegram groups and receiving signals is what newbies will do. I used to do this when I was able to find an experienced and well-regarded trader who was willing to provide signals. You will win some trades, but you will also lose some, because there is no guarantee that you will win even if you have a good signal. I am not saying that it is ineffective, but I believe that it is preferable to do it yourself because, if the trader stops giving signals, you will have nothing to fall back on. Additionally, I believe that it is preferable to conduct your own analysis and compare it to the signal that the trader provided.

LastKiss

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SOL.BIOKRIPT.COM

Quote from: Botnake on November 23, 2021, 09:50:43 PM

Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

Most new people cant control their emotions from gaining lots of profit that's why they're made some mistake when too greedy for profits. It's better to have emotions control and clear mind to make the next decision though still many experience people lose in trading cause the panic when they missed the train. If you have some friends to teach u it's more better than learning from the internet but any knowledge about trading is important.

Botnake

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Quote from: sherenikaw on November 23, 2021, 05:27:59 PM

there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

There's no better teacher than learning from all your experiences. Relying on some telegram channels or signal groups are not guarantees that you are going to make profits already. Its always your knowledge and experience that will really count the most. But as a beginner in trading, don't expect that you will make quick profits but rather expect more losses than your gains because that's the reality if you trade as a newbie. However, as you go on learning more in trading, then you will start to maximize your gains and avoid more losses as much as you can.

sherenikaw

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there are many telegram groups that offer that and I've been following them too. What I get as long as I follow various telegram groups is that sometimes I get profits and losses, but more often I lose. maybe because I can't choose a good telegram group to join. but the more I come here, the more I realize that in addition to learning theory about trading, experience also really helps us to be better at trading.

Johnyz

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Quote from: Yudha2015 on November 21, 2021, 07:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Daily profit for a good day trader is possible but for a newbie like you, it will take time and better to trade for long first before you expect for everyday profit. Trading is not easy, you have to understand everything to succeed so better to start from the basic and be more patient as you are still on a learning phase. Youtube and books are my source of knowledge in trading, its worth it.

Silberman

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Quote from: Yudha2015 on November 21, 2021, 07:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

It is important for you to realize that if you begin trading right away you are going to lose your money, take your time, it is never a good idea to begin your trading journey with goals that are impossible to reach due to your goals being too high or because you want to reach them too quickly, take your time as it is the only way you are going to guarantee you can learn enough about the markets so you can obtain some profits with them.

Smitty Werben Man Jensen

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Quote from: traderethereum on November 23, 2021, 01:56:36 AM

Quote from: Yudha2015 on November 21, 2021, 07:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Maybe you can follow the basic strategy of trading to buy low and sell high.
Whenever you see the price is down deeper, you can start buying but do not buy at once but buy it continuously so you have many low price ranges.
After that, when the price increases, you can sell one by one to many high prices and repeat the process so you will have a chance to make a profit.
I do not have or use the channel to learn to trade, but I search by myself about trading, such as analyzing the market, determining the low price, selling at the right time, etc.

Using basic trading strategies must also be based on knowledge and skills as well,
when we only buy coins whose price is going down without analyzing first I don't think it's the right decision,
it's better for newbies to learn more about everything that has to do with crypto

Vaculin

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Winding down.

Quote from: Mpamaegbu on November 23, 2021, 02:17:49 AM

You sounded like one who doesn't even have a trading experience yet, OP. I suggest you focus on learning first before earning. That way you will begin to understand the underlying factors in trading. YouTube has a lot of resourceful materials for crypto trading and most of the tutorials are inspiring too. Yeah, I know there are some assholes on YouTube too who know next to nothing and teaching trash. Just type into the YouTube search bar and you will be amazed at the lots of video tutorials you get there. Don't chase signal groups. Signal groups have their shortcomings as none can accurately predict where price is always headed. Most of these groups are even pump and dump and aren't good for someone starting up new. Besides, most of these signal groups are scam groups. Stay away from them. At least, now that you're just starting up.

You're right. Newbies should never rely to any signal groups as they tend to make more advantage on us rather than we are the one who will take advantage on them. It's always better to learn from your own research and deep analysis to understand more about trading, all its basics and its fundamentals. And there's a lot of useful resources we can find in the internet, just like watching demo videos in youtube and its alike. It's just a matter of managing your time and knowing your priorities if you really want to learn in crypto trading and build strategies on how to make profits.

Mpamaegbu

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Once a man, twice a child!

You sounded like one who doesn't even have a trading experience yet, OP. I suggest you focus on learning first before earning. That way you will begin to understand the underlying factors in trading. YouTube has a lot of resourceful materials for crypto trading and most of the tutorials are inspiring too. Yeah, I know there are some assholes on YouTube too who know next to nothing and teaching trash. Just type into the YouTube search bar and you will be amazed at the lots of video tutorials you get there. Don't chase signal groups. Signal groups have their shortcomings as none can accurately predict where price is always headed. Most of these groups are even pump and dump and aren't good for someone starting up new. Besides, most of these signal groups are scam groups. Stay away from them. At least, now that you're just starting up.

traderethereum

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Quote from: Yudha2015 on November 21, 2021, 07:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily. I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.
Thank you 😊

Maybe you can follow the basic strategy of trading to buy low and sell high.
Whenever you see the price is down deeper, you can start buying but do not buy at once but buy it continuously so you have many low price ranges.
After that, when the price increases, you can sell one by one to many high prices and repeat the process so you will have a chance to make a profit.
I do not have or use the channel to learn to trade, but I search by myself about trading, such as analyzing the market, determining the low price, selling at the right time, etc.

Topic: Basic trading strategy for newbie to make a profit - page 4. (Read 679 times)