Topic: Good ways to trade? - page 11. (Read 2402 times)
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.
The best way to be be a good traders is by making a good analytical about the market that's by understating the chart for it their are many online free indicators like Trading View that's my Favourite it had many amazing tools you can get at no cost if you wanted more features then you need to purchase their Pro version which Had some great features
My personal suggestion
MACD and RSI
MACD and RSI
learn with very experienced people first, if you have friends who know better than you it's better because it can be easier to know how to trade properly and correctly..
.and also multiply to find information in every market so that the goal can be to find out what coins are good for us to take..
.and also multiply to find information in every market so that the goal can be to find out what coins are good for us to take..
You can check the old statistics of a cryptocurrency and its graph also. But you should already know that there is no way to predict this market correctly all the time. Because as you might have heard, this market is very volatile. You can witness insane price changes in a short time. For example, Bitcoin dumped from $52k to $42k in only half an hour not much time ago.
When ever you want to trade I will always advice you to trade when you are in your right state of mind and secondly, don’t trade when you are angry. Always makes sure you do a good research before you get involve in any trade. And I also strongly advice you meet a skilled and experienced trader to show you how, cause online lectures alone can’t be enough, to minimize losses.
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.
If you used to be a stock player then the crypto world is almost the same as stock trading, and we also do not have special indicators in trading then potential coins are the choice of all of us, and the price in a coin is also very dependent on positive news spread across various media and the hard work of the team is the main capital, then we must also be able to set when the right time to collect coins and also to release coins that we have already released. Hold, and we never panic in trading if you want to make a profit.
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I often use Coinmarketcap to monitor coin price movements. The advantage of Coinmarketcap is that we can check stories along the coin's journey. So that changes in the price of each bull run can be used as a guide for further investment.
If you would use another site then you would likely see the pros and cons of using another site. Not that there are many. I use both CMC and Coingecko, and I find differences too little between them. It becomes a personal preference. Although I would say the CMC site is more designed in terms of appearance and more ads embedded in links for third part services.Talking about indicators, you would need tradingview for that. You cant find them directly on CMC. But keep in mind that indicators are only a 50-50 guess as to what the market may move towards. It does not guarantee movement and neither are they confirmatory.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I often use Coinmarketcap to monitor coin price movements. The advantage of Coinmarketcap is that we can check stories along the coin's journey. So that changes in the price of each bull run can be used as a guide for further investment.
Never have technical indicators to use for trading almost four years I know with cryptocurrency, prefer I am checking some coin when touch with lowest price and checking with bitcoin situation before entry and invest on some coin. I don't know why I am not really believe with techinal indicator for trading because when faced with bad or good news not any indicator have true analyze.
If you do not like technical indicators that is fine, however the most important indicator is one that most people forget about and that is the price itself, the price indicates a lot of stuff about the behavior of the markets and just like you there are a lot of traders out there that do not like to use indicators at all and just look at the price and make money that way by investing in a coin when its price is relatively low, so if this works for you then keep doing it and forget about the rest of indicators that will only make you lose sight of the price.
Try to combine Bollinger Band and Parabolic SAR to decide wheres the market will bounce as the support or breaking the resistant, and check the RSI to know how volatile is it. However, so many traders out there with their favourite technical indicator and their own style to take profit, all you need just to find what that competible with your own style.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
In my opinion, a very important indicator that will make you successful in trading and investing in digital currencies is
1. You already know how to make the right investment
2. if in trading, you already know when to buy and when to sell,
3. understand candlesticks or trading charts
4. don't put emotions first in trading
I think these are some indicators of a good way to trade digital currencies
Never have technical indicators to use for trading almost four years I know with cryptocurrency, prefer I am checking some coin when touch with lowest price and checking with bitcoin situation before entry and invest on some coin. I don't know why I am not really believe with techinal indicator for trading because when faced with bad or good news not any indicator have true analyze.
Always remember that even those expert on field of crypto won't be able to project a precise predictions, how much more the unreliable sources who gave us indicators.That made my previous experience comes at worst, because there's a discrepancy on the tokens I've been holding for years. It only took of with hype, and after the first wave of ATH the value of my asset went so down during bearish market and never comes back from profitable value.
I agree that experienced crypto experts alone cannot predict 100% accurately, so don't trade relying on predictions from unreliable sources.
There are so many now trading groups that give trading signals, therefore do not easily believe the signal given by them. The best way to trade
in my opinion is to do your own research and analysis, it proved to be more effective. We will correctly analyze the market movements that occur,
because we do not want to experience losses. In contrast to the signals given by other people who aim for their own personal gain.
Never have technical indicators to use for trading almost four years I know with cryptocurrency, prefer I am checking some coin when touch with lowest price and checking with bitcoin situation before entry and invest on some coin. I don't know why I am not really believe with techinal indicator for trading because when faced with bad or good news not any indicator have true analyze.
Always remember that even those expert on field of crypto won't be able to project a precise predictions, how much more the unreliable sources who gave us indicators.
That made my previous experience comes at worst, because there's a discrepancy on the tokens I've been holding for years. It only took of with hype, and after the first wave of ATH the value of my asset went so down during bearish market and never comes back from profitable value.
For begin, one must first gain a better understanding of the token that prefer to purchase. We must always consider any capital investments Altcoin, but you should keep a watch upon this token, from my perspective.
Yes, we really have to focus on the coins we buy, pay attention to every movement. Trading Crypto is very difficult and not as easy as ordinary people imagine. One of the most important things in trading Cryptocurrency is not to panic easily, and to be patient.
For begin, one must first gain a better understanding of the token that prefer to purchase. We must always consider any capital investments Altcoin, but you should keep a watch upon this token, from my perspective.
Never have technical indicators to use for trading almost four years I know with cryptocurrency, prefer I am checking some coin when touch with lowest price and checking with bitcoin situation before entry and invest on some coin. I don't know why I am not really believe with techinal indicator for trading because when faced with bad or good news not any indicator have true analyze.
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 suggest you consider staking cryptos like NEAR, Celo, and Ethereum instead.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
This has been talked about so many times on the other board, I think you need to visit there https://bitcointalk.org/index.php?board=8.0Anyways,
You can find many ways of trading but never think that it all be good nor you can tell that it works on you as it also depends on the situation and the trader itself. Don't get disappointed but to tell you honestly that trading is risky, you can't find a good entry in this but more on worse case possible. But if you are really serious and willing to learn, I think you can manage to take this all. I wish you Goodluck.
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