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Topic: Best trading tool for crypto - page 2. (Read 428 times)

hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 05, 2019, 06:41:15 PM
#12
many people i know that trading in exchange suggest me to use Trading View for but i don't know how to use that
for me, i usually trading using a signal given by the channel that i joined in the telegram and by using this i usually got profit by 10 ~ 30% profit
Care to share the channel in the telegram?
I am curious about you got profit from 10%-30%.

OP, I think every exchange have their own chart for traders to determine their strategy and we have a different method to trade.
I am sure that all of us can get a profit by analyzing the exchanges.
The trading view is a good tool which could help traders to see a pattern or the trend that will come so they can decide to buy or to sell.
legendary
Activity: 3066
Merit: 1312
SOL.BIOKRIPT.COM
May 05, 2019, 01:41:11 PM
#11
many people i know that trading in exchange suggest me to use Trading View for but i don't know how to use that
for me, i usually trading using a signal given by the channel that i joined in the telegram and by using this i usually got profit by 10 ~ 30% profit

Even if the trading signals usually gives you good profit but you should not rely on it. Does it mean that there is no trading signals then you wont do trades?
I think you should learn to trade with your own analysis, as you'll be more exited when you get profit from your own analysis. Following trading signals wont improve your trading skills unless you do not want to be a real trader.
newbie
Activity: 20
Merit: 0
May 05, 2019, 01:19:42 PM
#10
Some of the best trading tools you can fine on this website https://coinalyze.net/ . i personally often watch bitcoin technical analysis page
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
May 05, 2019, 11:13:43 AM
#9
The best way to trade is to buy the dip and sell the high. But this isn't an easy task as you really can't even know the low or the high except on hindsight - long after it has happened. For me, I try to trade using PA (Price Action) using the 21SMA as cross for either buy or sell. This isn't a perfect technique anyway but it surely saves the day most times. The OP should know that there isn't a perfect technique anywhere in trading. There is no holy grail in trading. Don't go chasing signal providers. Develop a trade plan that can work for you and work on that plan.
sr. member
Activity: 1596
Merit: 335
May 05, 2019, 10:59:54 AM
#8
Some exchanges have their own reliable charts and I would prefer to stick there rather than joining different channels and signal bots in telegram. However, I'm actually trying not to defend my trading decisions in signal tools but I often do portfolio checking just to be sure and to make firm decisions on trading.  
member
Activity: 1302
Merit: 25
May 05, 2019, 10:08:59 AM
#7
and the worst part is this could be considered as a pyramid scheme the last one to buy would surely suffer.

It can only be assumed to be a pyramid if signal only comes for unestablished coin or I wouldn't buy a coin that is not decentralized and popular too.

yeah you right about that but for me i use the trading signal not for every given signal
so after they given signal in the channel i usually try to do my own research, so after i think that the signal is good enough then i bought and hodl for half day or 1 day

I also don't see something wrong with using signal from a telegram group or other group if you do your research and verification as you said.

hero member
Activity: 882
Merit: 595
May 05, 2019, 09:42:13 AM
#6
many people i know that trading in exchange suggest me to use Trading View for but i don't know how to use that
for me, i usually trading using a signal given by the channel that i joined in the telegram and by using this i usually got profit by 10 ~ 30% profit
Don't depend too much on signal groups they are only making money by their followers.
It is just a pump and dump group and the worst part is this could be considered as a pyramid scheme the last one to buy would surely suffer.

yeah you right about that but for me i use the trading signal not for every given signal
so after they given signal in the channel i usually try to do my own research, so after i think that the signal is good enough then i bought and hodl for half day or 1 day
sr. member
Activity: 1274
Merit: 267
May 05, 2019, 08:32:18 AM
#5
I am so surprised that there is no charting tool yet in crypto you can work with. If you compare with fx, crypto charts are like child toys. I know we are still at a beginning but still, there is a lot of money there and curious how others read the charts?
I am only long in crypto just because I imagine what can happen if market cap go x10 only. I admit i made some trade, but only a part of my asset. I will stick to my fx strategy, I just found some nice strategy that works for me.
The only proper charting is on trading view for crypto. But not all coins and tokens there.
I hate that fx tools provide charting only from Mon-Fri.

There are a lot of options, so many trading tools whether to see the chart or just for price notification (portofolio management). Trading view and coinigy are oftenly used by signals giver. I don't know why. Personally, I prefer to use bitcoin wisdom than other tools.
sr. member
Activity: 1176
Merit: 301
May 05, 2019, 08:24:02 AM
#4
I am so surprised that there is no charting tool yet in crypto you can work with. If you compare with fx, crypto charts are like child toys. I know we are still at a beginning but still, there is a lot of money there and curious how others read the charts?
I am only long in crypto just because I imagine what can happen if market cap go x10 only. I admit i made some trade, but only a part of my asset. I will stick to my fx strategy, I just found some nice strategy that works for me.
The only proper charting is on trading view for crypto. But not all coins and tokens there.
I hate that fx tools provide charting only from Mon-Fri.

Every trading platform provides a chart because not every crypto have the same price on all of the platform.
How could they operate and show the proper transactions or record of the price if they don't have a chart to show the movement of each crypto that they are operating on their platform?

many people i know that trading in exchange suggest me to use Trading View for but i don't know how to use that
for me, i usually trading using a signal given by the channel that i joined in the telegram and by using this i usually got profit by 10 ~ 30% profit
Don't depend too much on signal groups they are only making money by their followers.
It is just a pump and dump group and the worst part is this could be considered as a pyramid scheme the last one to buy would surely suffer.
hero member
Activity: 882
Merit: 595
May 05, 2019, 07:43:32 AM
#3
many people i know that trading in exchange suggest me to use Trading View for but i don't know how to use that
for me, i usually trading using a signal given by the channel that i joined in the telegram and by using this i usually got profit by 10 ~ 30% profit
legendary
Activity: 1274
Merit: 1004
May 05, 2019, 07:20:24 AM
#2
That's true, Trading View is the best of all and it's also web-based. but there are some alternatives to that which traders like to use but I think many traders do not look for like Coinigy and Market Scanning Tool. there interfaces are almost like Trading view and they provide everything which trading view does with a bit of extra,
member
Activity: 203
Merit: 14
May 05, 2019, 04:28:17 AM
#1
I am so surprised that there is no charting tool yet in crypto you can work with. If you compare with fx, crypto charts are like child toys. I know we are still at a beginning but still, there is a lot of money there and curious how others read the charts?
I am only long in crypto just because I imagine what can happen if market cap go x10 only. I admit i made some trade, but only a part of my asset. I will stick to my fx strategy, I just found some nice strategy that works for me.
The only proper charting is on trading view for crypto. But not all coins and tokens there.
I hate that fx tools provide charting only from Mon-Fri.
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