6. Learn About Upcoming News or Events: We all can predict that Bitcoin pumps hard after every Halving. So there are many upcoming news and events available of every project which can determine its price. So we should also look at those upcoming events.
This means that it's true that we get the idea on what's happening in the market with all the news coming up and you'll get to see the impact of it based on the news positivity or negativity that it brings. It's easy and mostly we know that if it's a good news, the market reacts positively and vice versa but there will be times that it doesn't get that much too. 
Topic: Beginners Should Follow These To Be A Good Price Predictor - page 4. (Read 667 times)
Those that are lazy to check on the charts will have to check the latest news.
This ends here, you really have to exert extra effort and time on learning how the market works and since we are talking about trading here, you have to know everything before you can confidently trade and have profit. There’s also a big concern about the resources so make sure you have the good one and never rely on one source only.
There’s a lot of advices already for the beginners and I hope they are taking time to read this one.
It takes extra time to learn how trading works. It is not easy to master, I who have been on this forum for a long time continue to learn how to read the market well so that I know what to do. There’s a lot of advices already for the beginners and I hope they are taking time to read this one.
Some of the trades and investments I make go according to plan but sometimes there are those that do not match the initial prediction.
Regarding good resources, definitely do not rely on one resource. there are many resources available but really have to choose a reliable one.
In addition, do the analysis independently, because it is the best.
Independent analysis will give you a good experience, giving you knowledge every time you do a new analysis.
I think the most important thing for a beginner is to take the time to learn. I would advise you to pay maximum attention to this aspect. When I started working with a broker from Amarkets, I studied on a demo account.
This ends here, you really have to exert extra effort and time on learning how the market works and since we are talking about trading here, you have to know everything before you can confidently trade and have profit. There’s also a big concern about the resources so make sure you have the good one and never rely on one source only. There’s a lot of advices already for the beginners and I hope they are taking time to read this one.
Among the list, I can add is Risk Management.
Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
Taking risk in trading is a big step for an aspiring trader but knowing how to manage the risk will develop a great trader in the future. That’s why risk management is very much essential because if you know nothing about it, you will never be successful in your endeavor, especially if you aim to be a good price predictor that will lead into being a successful trader. While trading has its own inevitable risk of losing, but know that you can always minimize the risk if you know how risk management works. Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
4. Experience your knowledge with Demo Trading: Its a good choice for beginners to trade with the demo funds before investing real funds. It will help to find out the faults of your analysis without losing real assets. It will also increase the experience of a trader. Some sites are offering Demo trading like Etoro , Bybit etc.
The demo features don't help much, but might be good for anyone too worried about running out of budget. After all, live trading will give them experience and courage, but of course beginners shouldn't rush with big budgets. While the demo can help you figure things out, your worries will likely be the same when it comes to live trading.My one piece of advice, beginners just need to start trading with a small budget while developing their trading skills. Also don't expect to get rich overnight and stay away from more altcoins.
5. Avoid Emotional Trading and Always Follow the Trend : Beginners are very poor to control their emotions in crypto trading. Even many experienced traders can't control it. So it should be controlled by practice and patience. Don't go for FOMO(Fear Of Missing Out) buying, avoid FUDs (Fear, Uncertainty And Doubt) and try to know more about Fear and Greed Index. And it's a must to follow the trend because there might be a chance to pump together.
What is the role of emotion in trading? The main objective of trading is to make profit. Since profit is our main objective then why should we trade with emotions. Is it possible to profit at all b trading through emotions? In trading we have to use our knowledge and skills instead of using our emotions. Profitable trading is possible if proper knowledge and skills are used at the right time. But by trading through emotions, money will be damaged and it is never possible to make a profit. If you are a very emotional person then there is no need for you to get involved in trading. Because the money you earn through hard work is the money you lose by trading on emotion. So emotions should not be given any place in trading. 
So here are some of my advices and I know they have much more to learn.
There is a lot of "learn" in your post which can be summarised that beginners should know that they have a lot of learning to do if they want to become good cryptocurrency traders. Any beginner who has difficulty in being serious with learning can never become a good trader because the learning process requires a lot of commitment. As a beginner, you learn to become better, and when you are no longer a beginner, you continue learning to maintain your knowledge. 
Definitely, if you are a beginner, then you should always keep yourself updated according to the price of the market. At first you should gather knowledge on how trading works and what affects the price of the coin. if you miss the basic points when you are a beginner, then definitely there is a chance that you will make losses in the initial days. The points mentioned in the OP is well structured, but one doesn’t need to follow all. If your basic understanding about the market is clear, then you will easily learn all these features quickly while trading and gaining experience.
@OP has given us good advice but we also have to remember that a good price predictor will not always be able to predict exactly where the price will go or what price will be reached in the next minute, hour or even day. That's because the current movement of crypto is very difficult to predict.
Even if you have good skills, that doesn't guarantee you can always guess. But maybe by following @OP's suggestions, one can learn a lot about the trend of a coin and where it is going. And even if he can't guess exactly, he can at least know where the next move is to adjust his trade accordingly.
And don't forget that it also takes years of experience before you can have predictive abilities. So we can only keep practicing to improve our ability to guess where the price will move.
Even if you have good skills, that doesn't guarantee you can always guess. But maybe by following @OP's suggestions, one can learn a lot about the trend of a coin and where it is going. And even if he can't guess exactly, he can at least know where the next move is to adjust his trade accordingly.
And don't forget that it also takes years of experience before you can have predictive abilities. So we can only keep practicing to improve our ability to guess where the price will move.
I don't see anything wrong with the post you made, it may be based on your experience or your research about conducting trading activity here in the crypto space, right? It's different because you share your learnings in crypto trading based on your experience, right?
It's like you don't feel that if you only know theory about trading then you haven't experienced what you teach in actual trading. But if you combine them together, that's better because you really know what you're talking about. OP no offense just a thought.
It's like you don't feel that if you only know theory about trading then you haven't experienced what you teach in actual trading. But if you combine them together, that's better because you really know what you're talking about. OP no offense just a thought.
5. Avoid Emotional Trading and Always Follow the Trend : Beginners are very poor to control their emotions in crypto trading. Even many experienced traders can't control it. So it should be controlled by practice and patience. Don't go for FOMO(Fear Of Missing Out) buying, avoid FUDs (Fear, Uncertainty And Doubt) and try to know more about Fear and Greed Index. And it's a must to follow the trend because there might be a chance to pump together.
I think this is the most difficult aspect of trading and this can only be controlled when a trader starts to make profit. If start making profit in your trade then you can now begin to master the things that go on in there and as they repeat themselves, you know already and ready to take your own flesh out of it without fear of FUD or the emotional tricks. This happens to both new and old trader. To locate trend may be a little easy for old trader but a new trader hardly knows what trend is. But by any means, this is really a challenging factor in trade.
Good advice, I hope it wasn't written with artificial intelligence.
The problem does not lie in the tips, but rather in the application. For example, I can give you thousands of tips to learn to drive a car, but 5 minutes of application equals thousands of hours of reading. The first is to start by creating a demo account and learn the basics such as Moving Avarage (MA), support and resistance points, and Fibonacci analysis. After that, you need to start trading with small amounts to learn how to control your feelings and stay away from psychological factors, and over time you can compare your strategy and advice with other traders or post it here.
The problem does not lie in the tips, but rather in the application. For example, I can give you thousands of tips to learn to drive a car, but 5 minutes of application equals thousands of hours of reading. The first is to start by creating a demo account and learn the basics such as Moving Avarage (MA), support and resistance points, and Fibonacci analysis. After that, you need to start trading with small amounts to learn how to control your feelings and stay away from psychological factors, and over time you can compare your strategy and advice with other traders or post it here.
No, disagree 100%
Crypto beginners shouldn't even learn about trading to start with, they should be looking more at awareness and education. Using crypto, where to use it, where to buy it, how to keep it secure.
And if you want to introduce crypto trading, first of all introduce them the Hard Facts. Which is that big big majority of crypto traders lose money.
Doesn't matter if professional or amateur, most people lose money. Even following all the tips, paying all the software and getting years of experience, majority still lose.
Teach this first, and then you save many souls from losing money in crypto
Crypto beginners shouldn't even learn about trading to start with, they should be looking more at awareness and education. Using crypto, where to use it, where to buy it, how to keep it secure.
And if you want to introduce crypto trading, first of all introduce them the Hard Facts. Which is that big big majority of crypto traders lose money.
Doesn't matter if professional or amateur, most people lose money. Even following all the tips, paying all the software and getting years of experience, majority still lose.
Teach this first, and then you save many souls from losing money in crypto
Among the list, I can add is Risk Management.
Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
Obviously risk management is very important and required in trading so I think it's a must to have it,Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
trading is full of risks and if we don't have that skill it will be easy to lose,
Besides that, we can apply risk management to various things, not just for trading.
1. Doing Fundamental Analysis: Fundamental Analysis is used to Determine how much potential a Crypto or It's also important if any new project launched and we are curious about it's potential.
Dear Op, you took the meaning of fundamental analysis wrong, Because, in this analysis, you as a trader will analyze the industry, New outlets, and the involvement of different industries and governments in it. As basic knowledge of crypto is as necessary for trading as water for a living. And, you said in this analysis, we keep an eye on new projects too, but my POV is that is not a good idea, as a newbie, you cannot understand the risk involved in trading in new projects and yet they also do not put any impact on the overall crypto industry.Other than this point, i liked your all points, and it is a good effort you made here. No wonder many newbies fall prey to market sentiments and loss their assets. And i think that currently market's sentiments are also making people fall prey to it.
Among the list, I can add is Risk Management.
Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.
From my perspective their no cryptocurrency predictions that is hundred 💯 percent accurate, in predictions of market of cryptocurrency you will definitely predict on something you know better sometimes I do predict and it turns negative to me, and that make me not strictly believe in cryptocurrency predictions any longer, so learning of predictions of cryptocurrency can not make you to be perfect but it will give you an a beginner the insight of market price movement but in the aspect of perfection through predictions of bitcoin it will never be accurate.
Nice compilation, OP, and a fantastic starter pack for bitcoin newbies. As a beginner, FOMO (fear of missing out) and FUD (fear, uncertainty, and doubts) are difficult to avoid because these two elements will encourage you to make a decision you're not supposed to make during trading. You'll also become a strong price indicator by taking risks you can bear; not all risks, but the ones worth taking, should be taken in order to achieve perfection and better assumptions in the market's current and future prices.
4. Experience your knowledge with Demo Trading: Its a good choice for beginners to trade with the demo funds before investing real funds. It will help to find out the faults of your analysis without losing real assets. It will also increase the experience of a trader. Some sites are offering Demo trading like Etoro , Bybit etc.
The demo features don't help much, but might be good for anyone too worried about running out of budget. After all, live trading will give them experience and courage, but of course beginners shouldn't rush with big budgets. While the demo can help you figure things out, your worries will likely be the same when it comes to live trading.My one piece of advice, beginners just need to start trading with a small budget while developing their trading skills. Also don't expect to get rich overnight and stay away from more altcoins.
5. Avoid Emotional Trading and Always Follow the Trend : Beginners are very poor to control their emotions in crypto trading. Even many experienced traders can't control it. So it should be controlled by practice and patience. Don't go for FOMO(Fear Of Missing Out) buying, avoid FUDs (Fear, Uncertainty And Doubt) and try to know more about Fear and Greed Index. And it's a must to follow the trend because there might be a chance to pump together.
This is one of the most important thing you mentioned, been emotional and at the same time placing a trade have 99% of losing that trade. We don't trade base on our emotions, rather we trade base on our stable motive backup by good trading strategy. Although there are countless barriers that are always on the way to hinder profitable traders like us from triggering our trading position. One principle I enacted was, if I don't see an entry that matches with my strategy, I'm definitely not going to triggered any position, because if we trade base on the trends, we lose out but with price actions, we are opportune to reap significant profits from the market. Jump to: