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Topic: Best strategy for crypto trading - page 7. (Read 1221 times)

member
Activity: 267
Merit: 11
February 01, 2022, 05:50:01 PM
#66
What is your local/native language? The forum has a number of users who speak most languages, so try to speak using local language instead of trying to write in English, especially when you want technical advice.

Do not use Telegram for technical assistance, many scammers will try to message you.
Are you saying that the English command of the OP is not good enough or what exactly are you trying to say here please. OP, has made his point care here by asking for and if you don't have one must you post here.
Op, is very simple just note that trading crypto is not meant for everyone and for you to be on a safe side just buy low and hold for over time instead of day trading for a quick return.
hero member
Activity: 2590
Merit: 650
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February 01, 2022, 04:46:36 PM
#65
This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
The best strategy to be successful through cryptocurrency trading is to first understand the market, have basic knowledge about crypto trading, and understand the trading form that's best for you because crypto trading is just like gambling and every trading decision presents a new risk especially the day trading you choose which is not for everybody no matter how the experience the person had in crypto.
The best trading strategy is to invest when others panic.
sr. member
Activity: 2030
Merit: 306
February 01, 2022, 04:10:35 PM
#64
This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
I did it for daily trader with take profit as soon possible and earn profit every day but always become an investor for long term after my assets price drop, its not easy what have said and our predicting many time is not true depending when whale make bad news price dump out from expecting and have solution with long term holder only. But I never try for cut loss if my assets dump under 30% and waiting or become an investor is best ideas until price back and without take profit for getting back my capital is enough.
member
Activity: 630
Merit: 24
February 01, 2022, 03:37:57 PM
#63
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
We can't give the exact strategy to different people since different people need different approach to what it's more comfortable to use when analyzing the market. It just needs time and patience on picking which one suits the best for you. That is why there is no such thing as "best" strategy in trading since every strategy has its own pros and cons depends on different situations.

Yeah because what working to other may not work to us so I guess its up for the trader on what strategy they used upon trading since those things will be learned by them based on their experience and provably if they focus to see and learn their past lapses for sure they can create a strategy which can help them doing good decisions upon taking action on the market.

I think information works for everyone. It just depend on how you make analysis. The most precious thing in crypto trading is experience of recycling the information.  imagine, its not just about strategy, in this process, every field of social-economical and political aspects are involved and you must be up to date about that.
sr. member
Activity: 2226
Merit: 347
February 01, 2022, 03:23:19 PM
#62
This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
You wouldnt learn if you wont really experience it for yourself and even those pro's do still keep on learning because this trading career is a never ending learning
considering that this market is unpredictable then any strategy wouldnt really be a solid assurance for you to rely on.It might work for sometime or conditions
but not all in such situation which as a trader then you should really be that versatile on any condition and that what makes you better.
hero member
Activity: 1428
Merit: 653
Always Act Smart and Play Safe With Your Funds
February 01, 2022, 01:38:50 PM
#61
This is a serious issues with me as well, i have been trying to get the best way to trade daily but seems i m not getting it right rather than loosing for real. Though a friend of mine told me to apply a daily scaping which whatever i have from day i could add it up but i see no sense about it, i still go around reading lot of post on the thread to practice them and apply amicably.   
full member
Activity: 1358
Merit: 104
February 01, 2022, 12:30:55 PM
#60
Many ways to make money in investment like trading and holding. Trading Isn’t easy. When you start trading then you need to know about good trading and skill.i am suggested to Newbie best for holding. Beacuse newbie trader should buy most valuable coin and hold long time i hope they will get good benefit from it.Greedy mind and impatient and panic seller lost their money in trading.
legendary
Activity: 2758
Merit: 1228
February 01, 2022, 10:21:02 AM
#59
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
We can't give the exact strategy to different people since different people need different approach to what it's more comfortable to use when analyzing the market. It just needs time and patience on picking which one suits the best for you. That is why there is no such thing as "best" strategy in trading since every strategy has its own pros and cons depends on different situations.

Yeah because what working to other may not work to us so I guess its up for the trader on what strategy they used upon trading since those things will be learned by them based on their experience and provably if they focus to see and learn their past lapses for sure they can create a strategy which can help them doing good decisions upon taking action on the market.
hero member
Activity: 2814
Merit: 526
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February 01, 2022, 08:48:43 AM
#58
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
We can't give the exact strategy to different people since different people need different approach to what it's more comfortable to use when analyzing the market. It just needs time and patience on picking which one suits the best for you. That is why there is no such thing as "best" strategy in trading since every strategy has its own pros and cons depends on different situations.
hero member
Activity: 938
Merit: 503
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February 01, 2022, 08:29:14 AM
#57
Strategies for investment in cryptocurrency.

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hero member
Activity: 2604
Merit: 816
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February 01, 2022, 07:27:06 AM
#56
Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto,
so that when you enter the market you are no longer confused in reading chart patterns,
most importantly keep learning and enjoy
I think that is what beginners should do before trying to find the best strategy because the strategy will not always work for them, especially if he is still new in trading. If he can learn and try to improve his skills, he does not need the strategy from us because he can create his own strategy that will work for him. It will be better to do that as he does not depend on us to set the strategy. Besides that, the market can move unpredicted and can surprise us and if we do not have better skills, we will confuse what we need to do.
legendary
Activity: 2800
Merit: 1128
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February 01, 2022, 04:30:32 AM
#55
even if you do copy others strategies even with the basics but still it wont be an assurance that you would really be also profitable like theirs.
I agree with this. Beginners do look for skipping all the struggles involved with learning and developing strategies for profitable trading which is the reason, they search for best strategies from experienced traders. But, like you have mentioned, there will be no guarantee that a copied strategy will work for us. Because, the available capital and risk management kind of things are not same across all traders hence customization of strategies is more important before start using them.

Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto
Yeah, when they do everything by their own then they could do trading more carefully and profitably. Beginners may look for guidelines on what to do and what are don'ts but just copying others all things may not work for them in most cases.
sr. member
Activity: 2030
Merit: 306
February 01, 2022, 03:14:03 AM
#54
You have good ideas with as beginner in cryptocurrency trading, never all in your fund in one altcoin and you need to use fund for investing with several altcoin maybe you need to invest with three or four altcoin kinds. I think is good way when you loss opportunity with one or two coins you still have chance earn profit left two other coin, but always choose potential altcoin for investing, check first with how much transaction volume and looking for with how many exchange listing with your coin investing.
full member
Activity: 1330
Merit: 100
C O M B O
February 01, 2022, 01:17:25 AM
#53
This leads to daily trading I rarely do this because I'm busy and can't monitor market developments every day so of course I use common basic techniques with others but to do this strategy I certainly choose TradingView analysis to try trend lines and break outs but there are Many of the other techniques depend on the particular coin and can be seen from trends or pumps.

But if I didn't have the best strategy guide in the article on the trading board, I forgot to save it even though it's quite complete in the guide.
I hope it's Quick Trading Pattern Guide for Newbie traders you mean but that's what has been helping me for over a year since this thread was created by noormcs5. Honestly, this guide for a beginner will be very easy and very helpful in understanding some basic introductions. Especially as a day trader. Since the OP is not a beginner I'm quite hesitant to provide this guide.
I can be said to be a fairly new person in this matter and indeed things like that can help a little bit even though sometimes I'm still too confused to read chart patterns like that but this is quite useful for my basic overview when looking at movements, at least by just looking at a few Even the second candle we can see a rough picture of where they will move.
Advice for beginners is that you better multiply and deepen your knowledge about everything related to crypto,
so that when you enter the market you are no longer confused in reading chart patterns,
most importantly keep learning and enjoy
hero member
Activity: 2926
Merit: 722
January 31, 2022, 07:45:11 PM
#52
Hello guys what's your best and accurate strategy when it comes trading crypto? because to be honest i've been learning and at the same time trying to trade live using common strategies such break out, trend line and some pattern that i know but seems not giving me a good win rate. Any suggestion or tips and what's your best strategy especially those who used to day trade? I'll appreciate your input guys.
You are the one who could really able to find out because even if you do copy others strategies even with the basics but still it wont be an assurance that you would really be also profitable like theirs.

Making out decisions will really be depending on your because profiting isnt something simple as it sounds yet there would be lots of factors that would really affect your profitability.

Strategy could really be seen commonly it is just depending on how you do blend it up and its up to your own effort.
full member
Activity: 378
Merit: 167
betfury
January 31, 2022, 06:54:52 PM
#51
  it depends on the type you are going to take. For a small example, either spot or futures flows there are risks. More specifically, currency can also be distinguished between coins with a large market capitalization or hype coins (shitcoins). Just mention the pattern for several instruments that will be monitored, studied for buy/sell points. I usually use breakouts after the confirmation candle is 2 candles after it leads to either support or resistance, I can put a 1:3 stop loss with a good profit taken. for the long term it could be more than that.for reference I've also

read this

  there is a lot to be prepared for trading, especially daily trading which we hope to profit from trading every day, everyone has a style and knows the pros and cons, I'm sure you've also accepted. Let's continue as each of us trading, and the level of accuracy of an the analysis depends on us taking the gap to get out and enjoy the profit for me, everyone has a goal in hand and have fun friends
hero member
Activity: 1106
Merit: 527
January 31, 2022, 06:52:23 PM
#50
Trading strategies change with time since the market changes. Crypto is not the same like last year. Or more like couple of years ago. Its constant learning and implementing new things in your trading.
This is the right fact, trading has no permanent strategies that can be used repeatedly and they don't have the same movement in the past.
We should learn how they will move and set an analysis and strategy on it. But there are two analyses that were never faded and it seems these are the best analysis until now. Its technical and fundamental analysis.

You can set a strategy in a whole year, you can use it maybe at once but it will not happen again or I don't believe that there's a strategy in trading. It's all analysis and study about the movement but we don't know that actual outcome.
hero member
Activity: 784
Merit: 615
January 31, 2022, 06:22:49 PM
#49
This leads to daily trading I rarely do this because I'm busy and can't monitor market developments every day so of course I use common basic techniques with others but to do this strategy I certainly choose TradingView analysis to try trend lines and break outs but there are Many of the other techniques depend on the particular coin and can be seen from trends or pumps.

But if I didn't have the best strategy guide in the article on the trading board, I forgot to save it even though it's quite complete in the guide.
I hope it's Quick Trading Pattern Guide for Newbie traders you mean but that's what has been helping me for over a year since this thread was created by noormcs5. Honestly, this guide for a beginner will be very easy and very helpful in understanding some basic introductions. Especially as a day trader. Since the OP is not a beginner I'm quite hesitant to provide this guide.
I can be said to be a fairly new person in this matter and indeed things like that can help a little bit even though sometimes I'm still too confused to read chart patterns like that but this is quite useful for my basic overview when looking at movements, at least by just looking at a few Even the second candle we can see a rough picture of where they will move.
hero member
Activity: 2072
Merit: 531
January 31, 2022, 03:14:16 PM
#48
win will always accompany traders who take small profits continuously ,previously I personally if want to daily trade ,my eyes don't come off to see what was congested so I could go with the flow ,ah ,sometimes I use TA but always fail and change to side wind
hero member
Activity: 2856
Merit: 769
January 31, 2022, 02:28:34 PM
#47
Trading strategies change with time since the market changes. Crypto is not the same like last year. Or more like couple of years ago. Its constant learning and implementing new things in your trading.
Trading would really be a never ending thing on which you would really continue to be versatile and learning up things continously and yes the market wasnt the same a year ago or on older which means

there would be adjustments that would be made from time to time because you dont really need to get stucked on one strategy and as a trader you should really be versatile in most cases.

Situations could really differ from time to time and as said you would need lots of times to have some good grasps on this unpredictable market on first place.
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