Good ways to trade? - page 2. | Bitcointalksearch.org

pantek talacuik

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Quote from: AakZaki on May 11, 2023, 06:08:05 AM

Quote from: pantek talacuik on May 10, 2023, 10:10:04 AM

This is very complete to read that don't dream too high with the 1 coin you invest. there are thousands of people who invested their coins who are still walking on their dreams. all of these descriptions are very good for you to understand before you make an investment later.

Research is very important to avoid risks that will occur. With research we will know the project information that we will invest. Nowadays many scam projects are camouflaged as if they are profitable projects. but in fact many victims are deceived.
Make sure everything is in your control, we also don't know what project will eventually scam. don't invest everything, use money you can afford to lose.

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.

gaston castano

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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.

While monitoring the market and choosing the right coin to invest in is certainly an important part of trading, there are many other factors to consider in order to become a successful trader.

irsykes

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most scam projects now look good and have no visible indications of fraud. like twitter this blue tick verification account can trick investors who can be convincing, all again it has to be harder for altcoin research to be invested. the risk is definitely there and this excessive worry will ruin the plan. take advantage of the hype that is going on in the crypto environment

AakZaki

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Quote from: pantek talacuik on May 10, 2023, 10:10:04 AM

This is very complete to read that don't dream too high with the 1 coin you invest. there are thousands of people who invested their coins who are still walking on their dreams. all of these descriptions are very good for you to understand before you make an investment later.

Research is very important to avoid risks that will occur. With research we will know the project information that we will invest. Nowadays many scam projects are camouflaged as if they are profitable projects. but in fact many victims are deceived.
Make sure everything is in your control, we also don't know what project will eventually scam. don't invest everything, use money you can afford to lose.

Pamadar

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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.

Good point,

taking time to do your research to monitor the real movements of the coin that you will use for your investment is very important.
There are many available assets that you can choose as medium for your investment, setting up your expectations and planning ahead
of time to avoid confusions just in case that movement will go in the other directions.

You need to make sure that you are aware and you are willing to take the risk just in case you made some mistake weighting in your decision making.

pantek talacuik

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Quote from: Boomber on May 07, 2023, 08:53:33 AM

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 best indicators to trade are,
1. you buy when the price goes down
2. you sell when the price increase
3. Never get greedy and hope to be rich just by investing in one coin
4. Never panic sell when the price of coin that you invest is down
5. always take advantage of the hype going on in cryptocurrencies

This is very complete to read that don't dream too high with the 1 coin you invest. there are thousands of people who invested their coins who are still walking on their dreams. all of these descriptions are very good for you to understand before you make an investment later.

Mr.sprin

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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.

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

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. success.

I agree, for newbies the best thing to do for them is to buy and hold. From there, they'll get to see how holding is doing all the work.

And the first holding that they need to have and buy is Bitcoin only. I'm tired of seeing newbies buying those random coins and then they're complaining why they're not making some profits from it.

It's because they don't listen to good advises and wanting to proceed on their own thinking that they're already good even if lack experience.

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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 best indicators to trade are,
1. you buy when the price goes down
2. you sell when the price increase
3. Never get greedy and hope to be rich just by investing in one coin
4. Never panic sell when the price of coin that you invest is down
5. always take advantage of the hype going on in cryptocurrencies

fzkto

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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.

arufox

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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.

raidarksword

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Traders will based their trade in the form of Technical Analysis but it is not guaranteed that it will go to plan because crypto market is very unpredictable that no one knows what gonna happen tomorrow. I suggest that don't be a trader instead be a holder. Don't stress out your life on predicting the market and outsmarting it, it will only makes you more stress. Grin

Better practice DCA, surely it will make you become a good in crypto.

naikturun

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There are many technical indicators that traders use in cryptocurrency trading, and the best ones will depend on your trading strategy and personal preferences. Here are a few popular ones:
MACD (Moving Average Convergence Divergence)
Relative Strength Index (RSI)
Fibonacci Retracement
Bollinger Bands

you can google it for more information

Mr.sprin

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my habit of trading I monitor the coins that are going up and I wait for the coin prices to fall even I stay up late to wait for the coin prices to fall and I get that I can get very fast profits, I like trading in the short term, usually I do this on new alcoin like me trading with ARB coin.

gunhell16

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Maybe even if all you do is the simple basic of trading here in cryptocurrency which is buy and low system you can get income no matter what. You don't need to be an expert just to make a profit in this crypto business.

Just know how to use the tools in the exchange when you do a trading activity, even if it's just basic, you will surely achieve the income you want, even if it's not big, but the important thing is that you have income that comes into your trading.

Magic-Money

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They are many difference crypto trading exchange platform, which to locate one and start trading on the difference coin of your choice, but among every crypto trading platform, I prefer Binance Exchange, and is very easy to use to trade in spots and future, which has many difference indicator tools to monitor your trading after doing your technicians and fundamental analysis is every important to every crypto trader's.

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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?

RSI and MACD would be the best choice for the starting phase. These two indicators (with their classic versions) are perfect for beginners. In addition, you can check positive and negative divergences on prices with the same indicators. Then you can learn classical formations if you wish, and as a final step, you can learn ew if you wish. Working and learning technical analysis was one of my favorite hobbies for a while. I wish you good luck.

Huppercase

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Quote from: dlightag on April 19, 2023, 04:59:46 AM

You're welcome into cryptocurrency trading, as a new person towards the industry, need to go for relevant information towards the trading options, because they are difference types of trading, as a crypto trader, you have to choose and work towards it, and become a profession towards it. Hence I prefer using Binance Exchange to trade, which as a beginner, you have to mastar spots trading, before entry future trading. And also studies you're indicators by applying you're technical and fundamental analysis before entry any market. With these few points, it will help as a new crypto trader.

It would be advisable for him to avoid future trading, he may lose all of his wallet balance to people who have a better understanding of the market. Future trading often attracts gamblers who take bets and hope for favorable market conditions to gain profits, but when the opposite occurs, they suffer losses. It's difficult to imagine how someone without experience in spot trading would cope in such a situation.

I also use Binance, but I suggest he consider using TradingView as well Because binance has limited indicators, but with TradingView, he can access essential indicators through subscription that can guide him and provide valuable insights.

bitcoin-shark

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There are several good ways to trade, depending on your goals and experience level. For beginners, it's important to have a well-thought-out strategy and to start small. Some popular day trading strategies include momentum trading, scalping, pullback trading, and breakout trading. It's also important to trade with money you can afford to lose and to use stop losses to limit losses. Additionally, it's a good idea to keep yourself informed about the companies and markets you're trading in by scanning business news and bookmarking reliable online news outlets. Finally, it's worth considering joining a day trading chat room to discuss and exchange trade ideas with other traders.

Pamadar

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Quote from: barhavsky on April 23, 2023, 08:52:41 AM

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 best indicator to use in trading is Bitcoin price, because every time the price of Bitcoin increases it will indicate that the market will pump, but if the price of Bitcoin is corrected, then it will make the market dump, therefore I always pay attention to the chart of Bitcoin if I want to trading and of course I will also search and read the latest news about cryptocurrency and Bitcoin, because that can also be an indicator for trading (market movement).

By experienced, it will dictate that there's a possibility that the market will rise once Bitcoin shows strong positive movements, and yes you can anticipate that there's a good market pump that might follow.

You just need to work with your DYOR before calling or before investing in whatever project you think you may
gain decent profits.

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