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Topic: Good ways to trade? - page 10. (Read 2441 times)

full member
Activity: 910
Merit: 101
September 24, 2021, 02:22:16 PM
People want to work when they know what to do. Trading in crypto requires only the basic technicalities of figuring out what good Altcoins are the most in demand in the market. When we monitor market conditions more often, we will know which Altcoins are good for us to invest in. It's better now if the investment made is a long-term investment. Finally, we have to see the right time with strong analysis for some time in the future whether it is suitable to buy or not.
Altcoins that have a large daily trading volume are suitable for usinvest. And some basic indicators must also be owned by beginners to make it easier to analyze the conditions of market movements. Investing in the short term and long term for me depends on the profit target, if the profit target has been achieved then there is no need to hold it.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
September 24, 2021, 01:03:14 PM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

If you are new to crypto, then I think the first thing that ought to bother you should be how to understand how the crypto space works and the underlying risks, this will go a long way in shaping your mind and intellect towards either investing the right way or trading the right way, since fundamental analysis is also one of the key things to focus on while trading.
So first thing first, know how to research on projects, how to follow up with the crypto space and news related matters especially, else the market might dump on you; this will take us back to understanding how this space works.
Lastly, before knowing what good ways to trade, you will need to learn how to trade else you will end up with terrible losses, and through learning how to trade you will learn more about all the trading tools and/or indicators used in trading.
member
Activity: 200
Merit: 12
September 24, 2021, 12:53:31 PM
Good ways to trrade:-
First important is select a trading platform or the right crypto exchange.There are several crypto markets. Take a knowledge about market. Don't put all your money . Don't be panic and be patience.
full member
Activity: 1708
Merit: 126
September 24, 2021, 12:10:35 PM
If you're a beginner, I would suggest that you shouldn't rely on crypto indicators but rather focus on dealing with the market so you'll know what the possible changes could happen. It's better to have the confidence to trade by relying on your knowledge about the market charts and technical analysis.
hero member
Activity: 1540
Merit: 772
September 24, 2021, 11:53:49 AM
In trading, in my opinion, there is nothing too technical but belief and will. These two things can lead us to seriousness. Of course we need knowledge about coins that have value by reading and analyzing. Then knowledge about the market. Of all that we also really need patience in trading.
analizing could divided into technical and fundamental ,so when we look price on chart and said price will hit xxx it was as technical analisys and alot of traders use it as decision maker in their trades. we need all things in market to research properly in any coins, without it i am believe we will trapped in bad situation.
And I mean long term execution. In the long term investment does not require much technical. Just pay attention to good coins and the right moment to buy. If the market situation is like what has happened in the last few months, then the long-term choice is very feasible by choosing the top 10 coin.
sr. member
Activity: 1582
Merit: 264
Next Generation Web3 Casino
September 21, 2021, 10:53:12 AM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Cryptocurrency does not follow any restrictive rules. So I don't think any technical indicators will come in handy for trading. Crypto market does not follow any specific strategy so copy trading will not be very effective here. Give more time to trading. You can make your own strategy.
sr. member
Activity: 1792
Merit: 255
September 21, 2021, 10:37:37 AM
Crypto trading requires calm, if we trade new listed coins then we can be sure the price is like a roller coaster, now to prevent bigger losses we can take advantage of stop limits that we can adjust to our needs and strategies.
sr. member
Activity: 1344
Merit: 335
#SWGT PRE-SALE IS LIVE
September 21, 2021, 09:49:44 AM
In trading, in my opinion, there is nothing too technical but belief and will. These two things can lead us to seriousness. Of course we need knowledge about coins that have value by reading and analyzing. Then knowledge about the market. Of all that we also really need patience in trading.
analizing could divided into technical and fundamental ,so when we look price on chart and said price will hit xxx it was as technical analisys and alot of traders use it as decision maker in their trades. we need all things in market to research properly in any coins, without it i am believe we will trapped in bad situation.

I think indicators are not good way to following cryptocurrency market and trading, you can trading via various way for perfect trading, market analysis is the best way of trading. you follow this provided belows article, it’s can help you to gain perfect knowledge over crypto trading.
https://icoholder.com/blog/tips-for-cryptocurrency-trading/
indicators was needed by traders, its very helpfull to identify price movement although didn support 100%. alot traders blame indicators signal was late or something else but they didnt intropection to their self did use proper thing while analizing market using any indicators?
full member
Activity: 983
Merit: 100
September 21, 2021, 09:03:25 AM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
a reliable indicator for me RSI and Moving Average, I often use the RSI in conjunction with the Moving Average indicator. The RSI helps me find the best momentum for buying or selling crypto assets and the RSI also provides good information about price trends, while the Moving Average makes it easy for me to calculate the average value of the price movement. For me the RSI and Moving Average indicators are easier for me to understand, if you want indicators try to apply both.
member
Activity: 728
Merit: 12
September 21, 2021, 08:15:10 AM
Possible technicalities such as when is the best time to buy and sell coins. Before that you have to do a market analysis in order to have an estimate. Even though the market is hard to predict it can't hurt to give it a try, at least you'll be much better prepared for the market. Also make sure you really understand cryptocurrency, not just as long as you follow the trend. Finally, don't forget to make a strategy so that you don't sway when you face the market, it looks trivial but this is also worth remembering.
sr. member
Activity: 1428
Merit: 250
September 21, 2021, 06:09:48 AM
#99
I think indicators are not good way to following cryptocurrency market and trading, you can trading via various way for perfect trading, market analysis is the best way of trading. you follow this provided belows article, it’s can help you to gain perfect knowledge over crypto trading.
https://icoholder.com/blog/tips-for-cryptocurrency-trading/
legendary
Activity: 2464
Merit: 1102
September 21, 2021, 05:37:02 AM
#98
I am new to crypto and wonder what are some of the best technical indicators to use for trading?
It’s not bad to make use of crypto currency trading indicators. just making use of technical analysis is usually not enough for one to trade. Traders usually makes use of indicators to help them in making their decisions in trading, so it's not bad that you're looking for one. There are so many of them that you can find, it is then up to you to understand how they work by doing proper research and after you have done that you can then decide which is going to suit your needs properly.

Take for example there is MACD, which is one of the very popular indicators that  traders make use of. Finally don’t forget that it’s not just about technical analysis and indicators, there are other ways that can influence the market as well.
hero member
Activity: 1540
Merit: 772
September 21, 2021, 12:20:34 AM
#97
In trading, in my opinion, there is nothing too technical but belief and will. These two things can lead us to seriousness. Of course we need knowledge about coins that have value by reading and analyzing. Then knowledge about the market. Of all that we also really need patience in trading.
jr. member
Activity: 117
Merit: 5
September 20, 2021, 06:04:58 PM
#96
The best way to trade cryptocurrency or any other financial asset is to get a good knowledge of technical analysis, some people rely on indicators and some are successful with it, but nothing beats being able to interpret the charts and understand what direction the price is going and when its best to take a trade based of a specific set of confluence.
Trading with indicators is risky because indicators often give signals late due to their mathematical nature, and indicator signals can easily be manipulated, bit with technical analysis skills, trading is a lot more accurate and there are better chances of success
full member
Activity: 658
Merit: 189
September 20, 2021, 05:02:44 PM
#95
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
According to my experience in trading in cryptocurrency more to use the Moving Average (MA), because MA is an indicator of the trend-line moving lagging, or slower than price movements. The moving MA line indicates an uptrend or bullishness, while the downward MA line indicates a downtrend or bearish trend. I also use two MA lines with different periods to determine the open position signal. For example, MA 20 and MA 50. MA 20 which is MA 50 from top to bottom produces bearish signals, so I can open short positions. On the other hand, if the 20 MA 50 is from the bottom up, this indicates a bullish signal to open a long position.
sr. member
Activity: 2352
Merit: 256
Vave.com - Crypto Casino
September 20, 2021, 02:33:10 AM
#94
It is usually quite accurate using fibonnaci and rsi. but I'm more reliable rsi, rsi indicator strong enough to see the trend. That one indicator is enough for me to trade short-term. You can try it too.
full member
Activity: 1382
Merit: 105
September 20, 2021, 02:27:04 AM
#93
Before start crypto trading you should learn about the indicators so that you can use them and avoid loss, you can use RSI and MACD indicators in any exchange for crypto trading they will help you for trading.
jr. member
Activity: 840
Merit: 6
September 20, 2021, 02:17:53 AM
#92
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Most traders lose money trading, especially new traders. I would suggest yield farming instead, you can make over 100% returns even in a down market. I prefer spookyswap on Fantom and Ref Finance on NEAR protocol, both have farming.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
September 20, 2021, 12:03:18 AM
#91
The right way to trade is to try to buy a little ethereum or other altcoins as a test material. Try holding altcoins for a long time and see the comparison between buying and selling.
It is more of an investment not a trade, because trading is not only about holding on for a long time, but about setting a buy target and a selling target so that it can produce a profit target that you get as well, so it is more about when you go in to buy and when you buy. out to sell it.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
September 19, 2021, 11:57:00 PM
#90
I think you can trade if you are satisfied with a little. The most appropriate technique is to give up your asset if the trade profit is up to 6-10%. If you trade in this way, I hope you will not lose. You can also use Bollinger Candle for your betterment. If you want more then hold your assets for long time.   
I also use Bollinger Candles to help me in doing daily trading analysis. as you said 6-10% profit is enough for short trades. Don't go overboard with planning in day trading. because it can trap us in correction.
if you want to invest then all do the right time planning. If you want short trades then really learn when to enter and exit, even at a loss.
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