Topic: Good ways to trade? - page 12. (Read 2433 times)
There will be many mistakes made in trading for a beginner. Of course because when you enter the market and trade directly, it will be very different from the techniques you learn. So you have to have a lot of flying hours to find the best way or a suitable strategy in your trade. In trading crypto, you have to work hard to learn and have a lot of free time.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Quick information, I looked more on twitter. Because twitter will be connected directly to the source of the person. But apart from that the information conveyed through the media. Tradingview is also my guide to investing in crypto. Discussion of daily and weekly charts is presented there.
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 cryptocurrencies, it would be nice to know in advance the coins that are in great demand so far, if you already know the most in demand coins and already have a choice of coins that you want to trade, then you trade with more profitable technicalities, my advice is better to use the medium-term or long-term method, because we can make decisions in a way that is not in a hurry Luck is not the primary factor of our success trading because we need trading skills to overcome the market movements.
Just rely on luck alone won't make us a good trader, we can become a professional trader when we have skills and knowledge in trading.
In trading we have to rely on market analysis because you buy and sell tokens in the wrong conditions will experience losses, in my opinion the luck factor is only a support because you are trading activities when the market is bullish. Just rely on luck alone won't make us a good trader, we can become a professional trader when we have skills and knowledge in trading.
There are no specific indicators, you can constantly study charts, be an excellent analyst, but there is no single panacea for becoming a successful trader or investor.
Success is very close to luck and hard work in learning everything, so anything is still possible to happen as long as luck is on our side and the effort to keep learning never stops as long as success has not been obtained.Luck is not the primary factor of our success trading because we need trading skills to overcome the market movements.
Just rely on luck alone won't make us a good trader, we can become a professional trader when we have skills and knowledge in trading.
What you really need to do since you are new into the crypto world. You look for expert who can mentor you well to avoid some certain mistakes. With this you can start well
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I don't think there is a specific indicator for crypto, just like any other trading, it's just that Crypto is exclusively driven and acquired by news and economic developments of the coin's founders. You just have to always look at the market and if you want to invest try holding the coin long term as it has proven to be the best option. Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I use TradingView as a trading indicator, but the weakness is to be able to use the site in full, we have to pay at a high price. But if investors, they will pay for the sake of getting information optimally. Even most exchange sites use TradingViews on the trade chart.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
Technical indicators involves technical analysis done in view of different strategies on trading cryptocurrencies. One of the technical indicators is Confluence, which involves making use of as many trading signals as possible to verify how legit the particular cryptocurrency token you are willing to trade and possibility to buy or sell, so as to be sure and be safe.
I generally do not follow any indicator to trade but sometimes check support and resistance levels on the daily chart. You must know to read the sentiment of the market to trade and must have some basic and fundamental knowledge of the market. Every time is not good to trade whether it's a potential coin. You should be active and check the news about the cryptos on crypto-related sites that also impact the market to some extent but here in this forum, you can find many posts in the beginner and help tab section where you can study and gain knowledge. If you don't have knowledge you can buy and hold the top potential coins that will be less riskier.
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 and if you want to learn to trade then I would recommend you not to be in hurry and first learn the basics of cryptocurrencies and blockchains.
After that learn how demand and supply works. With that you should be able to understand how support and resistance works and apply it on charts.
Once you get to know about support and resistance you should be able to get started with trading.
To begin with you can start using indicators like RSI and MACD. With that get some experience on trading and after that you will be able to find out how to proceed further.
You are probably right that most newbies are into earning money quickly but I believe there are few others who actually want to learn the in depth procedure and are ready to take the tough path.
Whether or not the newbies follow our advice or not we should still try to give the best advice to them.
Sooner or later they realize their mistake and may be then they can follow the right approach.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There are no specific indicators, you can constantly study charts, be an excellent analyst, but there is no single panacea for becoming a successful trader or investor.There is a set of skills and abilities that comes with experience, I recommend starting with scalping and with a small amount, then experience will come, and I also advise you to always watch the news background about cryptocurrency.
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I suppose you are already have some experience before on trading on Stocks? If so then i can suggest some advice, I'm not an expert though but there are some good Technical indicators on the crypto market since it's more volatile than Traditional markets, You can use RSI, Bollinger Bands, Moving Averages (MA) or MYC, I think you already familiar with that and i personally prefer RSI.
Hi, I'm also relatively new to the cryptocurrency industry, I can recommend an article, which at one time helped me understand a little bit of what's what in investments, good luck:) https://blockster.com/blockdesk/326_how-to-trade-cryptocurrencies-in-2021
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Bollinger Bands and RSI, OP.That's one of the fundamental indicators I learned when I started day trading in Binance back in the days. It's not the best, but it should at least provide you the kick-off.
No worries about the exchange though, just feel free to choose whatever exchange you want.
For me good ways to trade is to look for undervalued coins that have potential to rise. When we only look at coins that everybody is talking about then there is not a lot of room for a price increase. In my opinion it is best to spread our money across many coins, so the chance to find the next big rally is much higher.
Not that really an ideal kind of suggestion since when you do talk about undervalued then it is something that is that hardest part of trading. Trading is never been easy since from the start.Good ways to trade? Gain experience and explore yourself to be sustainable into the market. When you do make yourself to last long then thats considering that you are doing
pretty good and not all would really able to attain this in a very short span of time.
and when we do not have good preparation and capital we will easily lose money when trading,
That's why it's important to have knowledge and experience
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.he can diversify his funds not only in trading but also to staking or simply by holding a crypto because i believe that not all the times trading is profitable .
its better that we can earn in the other business that we have if we cant earn in the other one .
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. 
For me good ways to trade is to look for undervalued coins that have potential to rise. When we only look at coins that everybody is talking about then there is not a lot of room for a price increase. In my opinion it is best to spread our money across many coins, so the chance to find the next big rally is much higher.
Not that really an ideal kind of suggestion since when you do talk about undervalued then it is something that is that hardest part of trading. Trading is never been easy since from the start.Good ways to trade? Gain experience and explore yourself to be sustainable into the market. When you do make yourself to last long then thats considering that you are doing
pretty good and not all would really able to attain this in a very short span of time.
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 and if you want to learn to trade then I would recommend you not to be in hurry and first learn the basics of cryptocurrencies and blockchains.
After that learn how demand and supply works. With that you should be able to understand how support and resistance works and apply it on charts.
Once you get to know about support and resistance you should be able to get started with trading.
To begin with you can start using indicators like RSI and MACD. With that get some experience on trading and after that you will be able to find out how to proceed further.
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