Good ways to trade? | Bitcointalksearch.org

Streamixio

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Ahli38

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Quote from: NNRR on June 19, 2023, 11:03:55 AM

There is no such specific technical indicator but if you want to trade Crypto then you must be patient and understand the market sentiment otherwise you will never be able to profit from Crypto Crypto Market is very risky because Crypto Market flutter a lot.

Well it does. But it's not only market sentiment that we have to analyze (sentimental analysis) but other analyzes are also needed such as studying fundamentals (fundamental analysis) and also analysis to determine our position in the market such as when is a good point to enter and when is a good point to exit (Technical Analysis).

And these analyzes are sometimes used partially and sometimes all used depending on what type of trade is being made. whether it's quick trading (scalping) or more casual casual day trading or even medium term trading. The type of trading also determines what analysis is suitable for doing. several indicators also need to be mastered. such as basic indicators in viewing market sentiment (Fear and Greed indicators) and many more. Even for futures trading many more indicators that must be used. There are even indicators for sale that even cost around $1000USD to subscribe to. But it is only for experienced traders and not for beginners who don't even understand basic indicators.
So basically it is important to master all kinds of analysis before entering into trading.

blockman

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Don't let yourself get confused and be patient.

Investors that are confused with the way they trade are the ones that are most likely new to this. They don't have an idea of how brutally many will get slaughtered on this market if they're not careful. As many traders have ways of winning trades, despite that, they can't skip the bad days of trading.

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Try to buy at the lowest price and find projects that really create value

Yes, the trick is buying low and selling high but at most times this isn't being followed. And finding a project that's starting out, is not going to be an easy find. Many new projects are totally bound to its pit even if they haven't touched the market yet.

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Quote from: fzkto on May 06, 2023, 06:04:21 AM

Quote from: arufox on May 06, 2023, 05:38:50 AM

Basically, there are no special tips for trading cryptocurrencies. However, one of the things to watch out for in crypto trading is avoiding greed. Sometimes, market conditions are favorable to you, which makes it possible to win many trades. However, don't think it's time to make a lot of money and use all the capital for your next cryptocurrency business. The cryptocurrency market is the most dynamic market in the world which is changing every second. When you are on a long losing streak, stop and find out what caused the loss. Next, consider reinvesting trading funds to avoid blowing up your entire portfolio in an instant.

I think that for a newbie it would be better to just buy cryptocurrency first and hold it. I already wrote above about that. Good advice not to get greedy. But what should a newbie do if panic happens? In that case, the deposit can quickly split in half. Trading is a long way and having good and bad experiences. It is better to start by buying coins on the exchange and just holding it in your personal wallet. This is the real path to success.

Correct, i think there are no such good ways to trade for the Newbie which you advised. Because i see mostly Newbie traders are going to panic sell when they see price is going down, here is big mistakes they did and lost their money. So it can be good option, buy several top ranking coins for the long term, it’s definitely safe from daily trading.

NNRR

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There is no such specific technical indicator but if you want to trade Crypto then you must be patient and understand the market sentiment otherwise you will never be able to profit from Crypto Crypto Market is very risky because Crypto Market flutter a lot.

Godday

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Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Just buy, hold, cut losses and sell. There is no such thing as a good way to trade crypto. Just like stock exchange. You just have to look at the good coins according to you through the trading volume or read their white paper.

Bolivar_Tony

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Quote from: Shuuuuu on August 26, 2021, 07:18:26 AM

You can check out Bitget Exchange. they claim to be the world's largest crypto copy trading platform. I have tried it before and even manage to earn some profits from their copy trading and they have a lot of good traders to choose to copy trade from.

I have used some crypto copy trading platform they are not really good indicator, I don't think no one can claim to have great expertise when it comes to trading, you can't always get it right, I started using one bot that have made great profit for people for the past 7 months, but last week after SEC news, most of them loss their money... So trading is all about risky that's a fact you need to accept first before jumping to trading, you win and lose some days.

deean_3one

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Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

For sure you have a lot to learn about crypto. You should study the crypto market. A lot of learning and doing research on good coins.

smile1218

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There are online platforms where you can buy and sell crypto currencies. Some popular exchanges include Binance, Coinbase etc. Exchanges typically charge fees for trading and you'll need to create an account and provide identification to use them. Peer to peer trading involves buying and selling of crypto currencies directly with other individuals, without the need for an intermediary like an exchange. There are also several mobile apps that allow you to trade crypto currencies on the go. Mining is a another form where in it involves using your computer's processing power to verify transactions on the blockchain and earn crypto currency rewards. Mining can be complex and requires significant technical knowledge. Future trading involves contracts that allow you to buy or sell crypto currencies at a predetermined price at a future date. Future trading can be risky, as it involves predicting future price movements. The best way to trade in crypto currencies will depend on your preferences.

smile1218

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Trading crypto currency can be a lucrative investment opportunity, but it's important to approach it with caution. Here are some good ways to trade. Research the market, before investing in any crypto currency it is important to research the market and understand the technology behind it. Look for reputable sources of information to help you make informed decisions. Choose a reputable exchanges, look for an exchange with a good reputation, strong security features and a user friendly interface. Develop a trading strategy and manage your own risks. Stay up to date because crypto currency market is constantly changing and follow reputable sources of information.

Velemir Sava

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Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Maybe all have answered properly and correctly, but of course there are other options. I think it's time to try trading using The convergence of AI and blockchain technology. Well, why do I want to convey this and become one of the other trading options besides manual trading because I believe we will not stand day after day we lose the value of our investment.

Pamadar

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Quote from: Xampeuu on May 18, 2023, 08:54:57 PM

Quote from: kevinzxz on May 18, 2023, 12:44:25 PM

Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

the most important indicators are hype and fomo, so you can invest in hype altcoin to get profit, but of course you shouldn't be greedy and have to sell it immediately if you get profit (my advice is 10-20%), but if you want to invest safely without paying attention to indicators, then you better invest in Bitcoin, because when market conditions are good, then of course the price of Bitcoin will definitely increase the first, so you will definitely get profits from investing in Bitcoin quickly.

I think for short-term trading maybe the EMA and RSI indicators are more suitable for me, everyone will have different views. if you are a newbie, of course, don't be oriented towards quick profits, but knowledge about trading must be mastered first, so that later profits will follow in accordance with mastery of our knowledge and of course experience. there are many indicators, and we can combine them, but choose a maximum of 3 indicators, so we don't bother reading them

Exactly, knowing the factors that may move the market should be learned first.

If you have better knowledge and you gain those ideas when to trade the right way, the winning chance of your trade is better,
unlike with those who think trading is an easy passage to earn quick, they are at risk each time they position their trades, not
knowing how to react each time market moves, it's like placing a bet in gambling where they will lose and be frustrated.

Xampeuu

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Quote from: kevinzxz on May 18, 2023, 12:44:25 PM

Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

the most important indicators are hype and fomo, so you can invest in hype altcoin to get profit, but of course you shouldn't be greedy and have to sell it immediately if you get profit (my advice is 10-20%), but if you want to invest safely without paying attention to indicators, then you better invest in Bitcoin, because when market conditions are good, then of course the price of Bitcoin will definitely increase the first, so you will definitely get profits from investing in Bitcoin quickly.

I think for short-term trading maybe the EMA and RSI indicators are more suitable for me, everyone will have different views. if you are a newbie, of course, don't be oriented towards quick profits, but knowledge about trading must be mastered first, so that later profits will follow in accordance with mastery of our knowledge and of course experience. there are many indicators, and we can combine them, but choose a maximum of 3 indicators, so we don't bother reading them

timoshani

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Quote from: cricketkhampion on August 26, 2021, 10:56:44 AM

First, you have to get more knowledge about that token which you want to trade In my opinion you should always make an investment in a new Altcoin and you should always make an eye on that token.

Not only learn about the token that is planned to be traded, but it would be nice to find out the main trading rules. I think it is important for a beginner to remember the truth that you should not go into trading without the readiness to lose a specific amount of money. Its size should be determined by yourself. This is where you should start your preparation. Everything else is already the technical aspects of trading.

kevinzxz

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Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

the most important indicators are hype and fomo, so you can invest in hype altcoin to get profit, but of course you shouldn't be greedy and have to sell it immediately if you get profit (my advice is 10-20%), but if you want to invest safely without paying attention to indicators, then you better invest in Bitcoin, because when market conditions are good, then of course the price of Bitcoin will definitely increase the first, so you will definitely get profits from investing in Bitcoin quickly.

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Quote from: Bolivar_Tony on May 12, 2023, 05:24:30 PM

Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

For me the best indicator to trade is when things are going south, so when price of coins are going deep and deeper, that's the time to trade, so you buy the deep and sell during recovering, I have form a nice strategy, when the market is going down, you keep buying bit by bit, so when it starts to recover, you will regain everything and make more profit

So how do you plan your trading in that time frame? from what you're saying it sounds like a long term trade. or more on investments with you capitalizing on the momentum created by the market. you collect assets during a bear market and you will sell them when a bull market moment comes.
what if you are stuck in a bear market for a long time?

Bolivar_Tony

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Quote from: U Got on August 26, 2021, 07:08:21 AM

Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

For me the best indicator to trade is when things are going south, so when price of coins are going deep and deeper, that's the time to trade, so you buy the deep and sell during recovering, I have form a nice strategy, when the market is going down, you keep buying bit by bit, so when it starts to recover, you will regain everything and make more profit

AakZaki

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Quote from: pantek talacuik on May 12, 2023, 11:15:28 AM

You explained emphatically that scams are very popular at the moment. so you should find out more about what you are going to invest in the future. there are many ways to find out all of that if you keep learning and find out the opportunities that will arise later. keep going with what you get going forward.

There are many ways to do research. I have several tools that are specifically for researching several new projects. It is necessary to be careful in new projects so as not to fall into a trap that will cost you money.
Scams are gaining popularity, crooks want to get easy money from newbies who don't know anything about new projects. many new methods that they apply at this time.

timoshani

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Quote from: Mr.sprin on May 07, 2023, 12:46:36 PM

how to trade everyone knows to monitor the market and choose the right coin to invest in following the development of the coin then release the coin at the target price, don't be easily fooled by negative issues and the important thing is you have to have a target at what price you will release the coin you are investing.

Yes, it's just to trade crypt. But it's hard to learn how to trade successfully. In addition to good luck, a real nose is needed here. Personally, my experience is rather negative in trading than positive. It's not mine. At least, to trade in large volumes.

cute nmp

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I usually trade from areas of strong support and resistance in the market,there are usually more consistent and profitable and when it comes to indicators I simply use Bollinger bands and moving average in combination with my S&R zones.But every traders is different in his or her own way,I will advise you to learn as many as possible trading strategies and choose the one that works best for you.

Topic: Good ways to trade? (Read 2433 times)