Good ways to trade? - page 4. | Bitcointalksearch.org

Lainta

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Quote from: GreenStox on March 27, 2023, 03:10:44 AM

I would advise you to trade in the long term, because you will sell or buy when it comes, actually trading indicators in my opinion are the same, it all depends on you understanding the market.
if you understand the market then you won't have a problem with trading, but for daily trading you really have to study the market more actively.

I agree that understanding the market is crucial for successful trading. Trading indicators can be helpful, but they should not be solely relied upon. Long-term trading can be a good approach as it allows for more time to make informed decisions. Daily trading requires active studying and analysis of market trends.

Sweetbtc

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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.

Many people who can't trade do invest and investing is easier than trading.Those who invest for a long period of time pick up the best and the best coins from the market and keep them for a long period of time and whenever there is a bull run in the market, they sell those bought coins at a good profit.Whereas trading is difficult as compared to investment because you have to keep an eye on the market all the time.In trading you have to choose the coins in which the volatility is high.Which has less circulating supply and less market cap.In trading you have to be very careful to look at the token you are trading from every angle and trade using its support and resistance levels and different indicators.Trading is very risky as compared to investment, where you can make huge profits but there is also risk of loss.It is very important for a trader to be experienced while an investor can only choose good and best tokens to invest and get profit.

Ahli38

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Quote from: chanler on November 13, 2021, 06:42:29 PM

Before trading we must understand the basics of trading itself. in trading we must be able to monitor and analyze the crypto market well, monitoring here means seeing the market and understanding it. You can't conclude the best indicators until you do it yourself. do what needs to be done and practice carefully. The best lesson in trading is self-experience.

I agree with you that experience is the best lesson we can receive. even when we have thoroughly studied various types of analysis, both technical, fundamental and sentimental, along with indicators for each type of analysis. the reality is not necessarily that we will always get consistent profits in crypto trading. because sometimes if we have less experience in crypto trading it can make us forget the knowledge we have learned and instead we are carried away by emotions and feelings. so the most difficult problems to overcome in crypto trading are fear and greed. if we cannot control these two things, then sometimes we will ignore our analysis and get out of the plan that has been made carefully. and to control these emotions, an experience is needed that continues to hone our mentality in trading activities on the market.

GreenStox

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I would advise you to trade in the long term, because you will sell or buy when it comes, actually trading indicators in my opinion are the same, it all depends on you understanding the market.
if you understand the market then you won't have a problem with trading, but for daily trading you really have to study the market more actively.

cute nmp

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There are so many good ways to trade but I personally prefer using traditional support and resistance combination with patterns they are very profitable when used in the right way.Most Crypto traders prefer using indicators to trade the market.Indicators I used in the crypto-market are Rsi and Bollinger bands ,these indicators always provide consistent profits for me.

errorcode99

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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?

If we refer to the position ranking based on Market Cap, I see something wrong with that position. Apart from Coinmarketcap, the price of the token is also detected based on the name of the token. Even tokens that are not listed on the exchange are detected at high prices. Maybe another resource is on tradingview, lots of active investors. And I saw several exchanges using tradingview chart.

Mr.sprin

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There are many things that must be learned to run trading, if you are a new person in the world of trading, my advice is don't buy a new coin. Choose coins that have potential, such as Ethereum coins and BNB coins, why do I recommend investing in these two coins because the risk is small.

Patrol69

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First you need to have a good understanding of the crypto market. Since you are new to this forum, you need to be patient first and try to get a detailed understanding of trading. You may find it difficult to learn these at first but once you learn them you will profit from trading.

There are many differences between a successful trader and a good trader. We call successful traders those people who have already achieved success in trading.
And by good traders we mean those who observe the market and get a good idea about different coins and then trade are good traders.
You gain a good understanding of different ALT coins in the crypto market and then become a successful trader from a good trader.

Sweetbtc

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

Trading is not that easy for a newbie in the market, it requires a lot of experience.You can make trading a little easier with the help of any number of indicators that are used for trading within the market.But there are many indicators that will tell you much later when the market is going up or down.There are RSI indicator and EMA indicator and other such very good indicators that you can take advantage.But I think it would be best for you to know the resistance and support level of whatever cryptocurrency you are trading so you can trade easily.Buying at support levels and selling at resistance can be a good strategy

Bitcoin_people

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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?

As you are a new member in crypto and you are willing to invest then you must first understand about different exchanges. If you want, you can invest from top exchanges like Binance, KuCoin, Okex etc. your money will be safe in these exchanges and you start trading small. And slowly you will be able to earn a reputation as a good investment.

BD Crypto

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There are many technical indicators to use in trading but you should have proper knowledge about using those indicators. check some YouTube channels and articles to learn about those indicators and apply in your trading. There are also trading strategies what you should learn for the best result in trading.

LUCKMCFLY

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Quote from: chanler on November 13, 2021, 06:42:29 PM

Before trading we must understand the basics of trading itself. in trading we must be able to monitor and analyze the crypto market well, monitoring here means seeing the market and understanding it. You can't conclude the best indicators until you do it yourself. do what needs to be done and practice carefully. The best lesson in trading is self-experience.

I am in agreement with you, if the person is new and has no idea how the market moves, it is better to stay still and not start inventing, that is, if you do not know anything, it is best to start investigating, although I I always recommend reading books based on Wyckoff or Livermore, which are books that teach you to understand how the market moves, and as they are books oriented to the stock market it is perfectly applicable to the crypto market, therefore for me it is the best option and once That you learn from this, if you want to learn Technical Analysis you can do it wherever you want.

nurulhmani1280wat

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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?

You should look at the prices of some coins that are experiencing gradual price increases, for example one of the bnb coins in the last few days has been very stable, and you should see which coins are popular at the moment in the crypto market.

NelfiNovita

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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?

Before trading you should look at the condition of the cryptocurrency prices on the exchange, if there is a very high price increase it is better not to buy cryptocurrency because after a very high rise there will usually be a very deep decline.
You have to be careful in trading and you also have to be careful in choosing the crypto currency you will trade, lest you buy a cryptocurrency that has little demand.

Google+

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Quote from: Valak on November 13, 2021, 08:26:31 PM

In addition to technical analysis, experience is also very important when we are trading crypto.
If our calculations are wrong, then big losses will await you.

What if people who do not have experience but he knows the technical analysis ? because now many people can make analysis but not many people have experience in the past in terms of trading or other things.

tuertezii

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There is no good way, hold on and continue to buy, only play mainstream coins

Wahyuihib

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Quote from: MarjorieZimmermanGinger on November 15, 2021, 11:24:57 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?

Get to know the coin properly, study the condition of the coin in the previous month, make a small analysis using a good method, after that just take a decision to trade, the indicators greatly affect your trading success, as long as you don't make mistakes, make sure to trade using the correct method, so that you have precise and accurate analysis, the trade will produce output, if everything has been done well.

Yes. because to be able to successfully trade crypto requires proper analysis and calculations. at least we have to know about the last price of the coin that we will buy for 24 hours

MarjorieZimmermanGinger

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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?

Get to know the coin properly, study the condition of the coin in the previous month, make a small analysis using a good method, after that just take a decision to trade, the indicators greatly affect your trading success, as long as you don't make mistakes, make sure to trade using the correct method, so that you have precise and accurate analysis, the trade will produce output, if everything has been done well.

ahoenk

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The best technical indicator for me is only 3.
1. Moving average, its used to know the trend
2. Bolinger band, i used it to know the moving range and if its break the trend or no.
3. Resistence and support line

bekti3

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Quote from: ?? on ??

Quote from: bekti3 on November 13, 2021, 04:12:31 PM

this is the most important thing.
at least before actually logging in with a real account they can still practice with a demo account that has been provided on various sites.
but sometimes they don't want it and try right away without thinking about the risks that will happen in the end.
and after that happens when they lose they will always say that this is a fraud or something else that is negative.
though this was a mistake he made himself.
other than that it is possible to add is not too greedy for something, because this will make you lose money.

Good idea but after a few weeks it becomes boring activity since trader can't make decisions based on real money and emotions. Without the proper feelings, it is easy to trade but the situation is a bit different for the real money account owners. It solely depends on the experience and the money management, these mentioned things don't exist in demo trading.

this is an option when we are still not convinced by TA as well as the speculations that we generate by the research we did before.
Of course for the next few weeks it will be very boring because there will be no passion in it because this is a demo account. but on the other hand this will minimize losses that might occur because we are still not sure about the research we are doing.
on the other hand if you are really brave then there is nothing wrong with the original account but maybe the risk is big enough to do. but it never hurts to try.

Topic: Good ways to trade? - page 4. (Read 2441 times)