Basic trading strategy for newbie to make a profit - page 5.

lixer

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 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.

There are so many videos on YouTube that you can rely on to improve yourself as a newbie trader. Trading is not something that you would be able to master in a very short time, it requires patience and hard work and understanding. As time goes on you get to become highly skilled in it,all takes is just for you to have patience and keep working very hard and learning. As a trader,learning should become part of you,and you shouldn’t stop learning, it should become something that you’re always doing all the time to perfect yourself.

There are so many videos that you can get on YouTube and they’re going to be helpful, or you can even decide to read articles online. But don’t be too fast to leave other jobs that you are doing just because of trading, because you’re not sure how good this one is going to be, trading comes with a lot of risk, so don’t rush out quickly from other jobs you are doing.

BuNga_cute

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Quote from: usekevin on November 22, 2021, 06:51:27 PM

Quote from: Yudha2015 on November 21, 2021, 08:09:00 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 😊

Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.

It is indeed the easiest to make money in the crypto world through bounty campaigns or airdrops, but right now the rewards are not that great.
So many people started looking for other alternatives, one of which was through trading. But making profit from trading is not easy, we must
have knowledge and experience. So for newbies, they have to be patient if they want to be a successful trader. Because they have to learn how
to analyze the market, in order to determine when is the best time to enter the market. And sometimes when we start trading, we often make
mistakes and make those mistakes as experience to fix them in the future. So it does take a long process to become a successful trader, if we want
instant results, don't trade. I suggest that newbies can take trading courses that are trusted, so learning to trade will be faster than learning on their own.
Because when we take courses we are usually accompanied by a mentor, that's what causes us to learn faster and can avoid making mistakes.

MyLottoCoin(MYL)

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 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 😊

The best you can do is to educate yourself and study any token you chose to go with. Get to know its value, risk management, future roadmap and how you can profit from it even if the price blunted. You may find MyLottoCoin is a good choice for you, because beside MYL Token price in the market, it has a unique reward program that guarantees gaining 10% of their DeFi Crypto lottery ticket sales quarterly if you have in your wallet 100 or more MYL tokens. So you are always gaining regardless of the market volatility.

adaseb

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Quote from: nurilham on November 22, 2021, 06:25:34 PM

Learning to trade can be through the web, YouTube, or a trusted tele group. There are many good lessons there to learn about trading. but try to choose a channel that is trusted and helpful because there are also many channels that only harm especially paid channels that are deceptive. so my advice follow the free channel and slowly learn well. increase knowledge about trading not only with theory, but it takes practice and experience as well. so don't be afraid to start and find interesting experiences in it that can be learned in the future.

I would avoid Youtube, you won't learn anything following any crypto youtube channels. Most of those are scams and they are trying to get newbies to buy low cap coins which the youtube authors already own and they are all pump and dumps. And most of the Discord or telegram groups which require a membership are also scams.

If someone is a professional trader, why waste your time selling a membership for $20/month having to deal with absolute newbies when you can just make the money yourself trading? Most of the ones which post live trading videos and signals they always hedge their trade in case it doesn't work out.

GreatArkansas

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Quote from: usekevin on November 22, 2021, 06:51:27 PM

(.....)
Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.

There are still some bounty campaigns or airdrops that are still worthy. But you should research first or identify the project you are participating in so your hard work will not waste.
There is some airdrop that you can only use on their platform and they will airdrop some of their tokens in the future.

Speaking of trading, if you are a newbie, you should start from the bottom, no shortcuts. Learn the basics, core of trading and most important is the risk management, you should not forget to apply it to be able to become succesful trader.

Slow death

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 AM

Due to social media bounty and airdrop getting less payment. I decided to make a trade.

But you need to consider that when trading you can lose money constantly and even get frustrated with the bad results every day. trade has many disadvantages

Quote from: Yudha2015 on November 21, 2021, 08:09:00 AM

But I'm really confused how to start the trading so that I can make a profit daily.

before starting take away this idea of daily profit, this will prevent you from putting pressure on yourself and be careful with many youtube channels

usekevin

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 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 😊

Actually new people only can participated in the social media bounty or airdrop.But the issue is the payment will be low compared to the signature payments.People should considered of trading for more money compared to social media.But only issue is you need to make an investments.Don't use any channel or signals.it will not help you.You better do of trading on your own.

nurilham

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Learning to trade can be through the web, YouTube, or a trusted tele group. There are many good lessons there to learn about trading. but try to choose a channel that is trusted and helpful because there are also many channels that only harm especially paid channels that are deceptive. so my advice follow the free channel and slowly learn well. increase knowledge about trading not only with theory, but it takes practice and experience as well. so don't be afraid to start and find interesting experiences in it that can be learned in the future.

cheezcarls

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 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 😊

Treat both airdrops and bounties as “extras”. Just don’t rely too much on them as your main income source. It’s my mistake too back then and I learned my lesson the hard way despite being lucky for the 2017 glory days. Right now I am maintaining my job and side gigs to sustain myself apart from just joining airdrops and bounty programs.

For the trading part, there’s no such thing as a perfect strategy for newbies except learning to buy low, sell high and only invest and trade an amount that you can afford to lose.

You can find a lot of them on Google and Youtube. I also recommend Newscrypto, which is one of the best platforms for you to learn and educate yourself in trading and it’s free to join and access a lot of content, tools, etc.

dvndr007

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Best strategy is to know where to get in and out.
Simple way to doing so is to get in at low price and exit high price under long trade.

Smitty Werben Man Jensen

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Quote from: michellee on November 22, 2021, 01:15:17 AM

It needs time before you can make a profit every day and the key is learning how to analyze the market movements. Like today, if you can analyze and know that the market will go down for a while, you can use the chance to buy at a low price by waiting for a while.

Most telegram channel is about signal trading, which I am hard to recommend for you as we do not know how preferable their signal can give us profit.

Yes, learning to analyze is the most important thing for sure when talking about trading,
trading is not something easy and not something difficult either so if we are serious about learning I'm sure little by little we will be able to make a profit,
apart from analyzing the market we also need to follow the latest news about crypto

KennyR

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Basic trading strategy is simple as buy low and sell high. While trying this beginners should have the patience. Because, at the beginning we don't know to what extent the price of respective coin will fall down or rise up. There were more number of applications that help with trading practice. When I was into stocks I used to get suggestions from a friend of mine who has got good technical skills associated with stocks. I used to buy all the stocks that he buy and he used to notify when he's selling. Maybe finding one such person and making it an opportunity to learn at the beginning days is also good.

michellee

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It needs time before you can make a profit every day and the key is learning how to analyze the market movements. Like today, if you can analyze and know that the market will go down for a while, you can use the chance to buy at a low price by waiting for a while.

Most telegram channel is about signal trading, which I am hard to recommend for you as we do not know how preferable their signal can give us profit.

adaseb

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Trading is the most difficult job on the planet. Especially since you want it to be consistent and not lose money. If you really want to make some extra passive income you can try and do some lending.

If you got USD or Tether you can lend this on most exchanges and get around 10% per year. So if you got $1000 you will make $100, which is not bad. However this is risk free pretty much and Unlike trading where you can lose money.

Peanutswar

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It takes time before getting an earning with the use of the airdrops and faucet also you can try to hold up those earnings too until there's a good value its more ideal to buy low and selling strategy but not just only to consider this things its better to keep yourself aware regarding with the fundamentals of trading this might help you to make understand when is the ideal time to take buy and holdings your assets. Most ideal coin to make an investment is with the bitcoin and ethereum.

Wexnident

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I don't take loans, ask for sig if I ever do.

Try out virtual trading to get the hang of the tools, charts, basically whatever you look at when trading maybe? Or you can also try out copy trading, it isn't the best place to learn when you already know your stuff but it is one of the places you can start when you're a complete beginner. Learning starts with copying a basis from someone then diverging from it and making something out of it your own after all, and so I'd recommend eToro for that.

Another strategy would be just to hodl. Stand by and observe which coins are on the top and invest in those equally and just wait. Top 10 coins are mostly the ones you'd want to invest since they're the ones with the guaranteed growth MOST of the time, but if you want you can also look for other coins that you yourself think would grow.

AmoreJaz

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Quote from: sheenshane on November 21, 2021, 07:44:54 PM

Quote from: Yudha2015 on November 21, 2021, 08:09:00 AM

I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily.

Trading isn't easy of what you think that you can surely gain profit daily, there's no assurance for that so I would recommend this for you. You should be prepared about your capital because anytime it will lose without prior notice.

Quote

I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.

There's no specific group or channel but you can find many video tutorials on YouTube.
You can learn here in the forum but not all comments that you have seen were true, support it with research to verify such statements.

I suggest spending more time to gain knowledge in trading and try to research the Etoro exchange platform, they had a copy trading feature which is you can practice it there to gain experience but only the amount that you can afford.

this is very true, you can't expect to have daily profits in trading as it is expecting too much esp if you are a new trader. but just to get the grasp of it, start small and better start with coins like btc, ltc or eth, don't expect high profits because the changes may not be wide. but be very careful with alts that are offering wide margin of change because you may end up holding crappy coins without a value at all.
you can also roam around here and get some insights. but of course, some of it may not be applicable in your situation. weigh things and assess the situation.

EdenHazard

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First of all you just need to get used to trade ..

i mean do trade simultaneously till you can get the feeling ... as sometimes guts needed in making decisions besides the knowledge... do that for months and get the experience.
then you might find it easy doing momentum trade. yeah that's the only thing i could suggest, just do trade when the momentum is there such as altcoins drop/up delay.

protips : control your greed & emotions . have a stop loss and daily , weekly, monthly, annual target.

sheenshane

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 AM

I decided to make a trade.
But I'm really confused how to start the trading so that I can make a profit daily.

Trading isn't easy of what you think that you can surely gain profit daily, there's no assurance for that so I would recommend this for you. You should be prepared about your capital because anytime it will lose without prior notice.

Quote

I need a reference where I can learn about it.
If anyone have a good chanel sugestion for learn in trading crypto, please reply.

There's no specific group or channel but you can find many video tutorials on YouTube.
You can learn here in the forum but not all comments that you have seen were true, support it with research to verify such statements.

I suggest spending more time to gain knowledge in trading and try to research the Etoro exchange platform, they had a copy trading feature which is you can practice it there to gain experience but only the amount that you can afford.

Yamifoud

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Quote from: Yudha2015 on November 21, 2021, 08:09:00 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 😊

Everyone has the hope of making a profit every day especially when we just rely on trading but too unfortunate that it was really hard for the beginners but might be possible for the experts.
Well, to learn trading is not that easy...But have to say something that before thinking about profiting daily, tried to focus first on gaining knowledge and getting familiarized with the market. Because after these hard works and learning dedications, rewards will going to follow and then it was easy for you to make a profit then. It is a step-by-step process, we can't go directly to the last step unless we finished everything on the 1st, 2nd, 3rd and etc...

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