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Topic: Best Strategies for Trading. - page 7. (Read 1190 times)

hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
October 22, 2022, 11:14:23 AM
#7
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.


I would like to remind that for newbies using stable coin pairs seems more easy to build their strategies even for the veterans. Yes there is risk involved while we use stable coins because it can reach zero at anytime but for someone to begin trading they should try short ti mid term trades with BTC/USDT and scalpe the profits from time to time is more efficient way to grow the portfolio value with less risk comparing with highly volatile shitcoins.
legendary
Activity: 2128
Merit: 1775
October 22, 2022, 09:48:43 AM
#6
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
@To.Nick, crypto trading is very risky, you can't just rely on the discussion of the topics, as well as the instructions in other topics, if you want to trade crypto, you must be escorted and accompanied by crypto trading experts, it is very important to prevent you from experiencing big losses.

My experience:
I used to trade only based on articles and readings, I thought it was easy enough to make a profit, I wasn't wrong, after I suffered a loss, finally I decided to learn crypto trading for real to the experts, not articles or google, one year I was engaged in trading directly to the experts, the end of the second-third year story and so far I have done it myself, as a result I was able to get a decent profit in crypto trading, I hope what I say, I hope you understand.
sr. member
Activity: 2310
Merit: 332
October 22, 2022, 09:32:54 AM
#5
My advise to you is you still have to be convinced by yourself on the best pattern that is working for you. As they say one man's food may be turned to poison to the other man, meaning work your strategy out using what you have read or watched. You can't be better if you don't practice yourself. Don't always blame yourself on your loses but concentrate on what gives you profit. Good luck.
legendary
Activity: 2310
Merit: 4085
Farewell o_e_l_e_o
October 22, 2022, 08:37:29 AM
#4
Whatever strategy you use, don't forget some protective weapons in trading


Preventio is better than cure and those order types are helpful for you to avoid liquidations or serious loses. You should not be over confident about yourself and your orders, use those ones to make sure in worst cases, you won't get serious loses.
legendary
Activity: 2156
Merit: 1622
October 22, 2022, 07:16:15 AM
#3
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

Go here: https://bitcointalksearch.org/topic/trading-cheat-sheet-collection-4846473

But as a complete newbie the best thing you can do is start trading with minimal possible bet. Its like 10$ for binance. Do not make it bigger unless you will end whole year on profit. That way you will make year learning as cheap as possible because 90% of new traders wipe out their savings very fast.
hero member
Activity: 2842
Merit: 625
October 22, 2022, 04:58:46 AM
#2
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.
As for newbies, DCA is the easiest and most basic strategy. But if you want to know more of the strategies, coming from basic to advanced. Here's an article[1] that could give you the idea about it.

[1] https://cointelegraph.com/trading-for-beginners/a-beginners-guide-to-cryptocurrency-trading-strategies
newbie
Activity: 13
Merit: 0
October 22, 2022, 04:28:42 AM
#1
Hello guys. What are the possible Currency pairs trading strategies that a newbie can follow up. It should be from personal observations, beliefs and practices. Thanks.

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