Good ways to trade? - page 6. | Bitcointalksearch.org

Sayeds56

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Quote from: Alert31 on October 14, 2021, 10:02:32 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?

If you are just new in crypto, better to learn first and gather some knowledge about trading. Also I don't think if there is best technical indicator to be use in trading.For me if you know how to analyse and understand the graph and price movement, it can be a great help for you in doing trade. Also spend time to search good altcoins to trade.

Well said. For new comers in crypto it is better to learn first and think about earning later. Nowadays a lot of Learning material is available on Youtube about Fundamental and Technical analysis of crypto market and it is free of cost. History of trading vindicates that most successful Traders in stocks, Forex and crypto are those who use Technical Indicators and have good Analytical skills which is definitely helpful to make entry or exit in trade at right time.

Alert31

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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 you are just new in crypto, better to learn first and gather some knowledge about trading. Also I don't think if there is best technical indicator to be use in trading.For me if you know how to analyse and understand the graph and price movement, it can be a great help for you in doing trade. Also spend time to search good altcoins to trade.

Rufsilf

sr. member

Activity: 1778

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Quote from: cricketkhampion on August 26, 2021, 10:56:44 AM

First, you have to get more knowledge about that token which you want to trade In my opinion you should always make an investment in a new Altcoin and you should always make an eye on that token.

I agree on you mate! Before choosing the altcoins you want to invest, you should gather information and research it first on what's the potential of the coin you choosed to target or speculations. It's always good to bear in mind that whatever you choose, you should have a profit and make more gains than loses. Remember, trade or invest only what you can afford to lose.

Anyways here are some of the best altcoins you should look into.
https://money.usnews.com/investing/cryptocurrency/slideshows/whats-the-best-cryptocurrency-to-buy

Pithaxz

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https://goldeth.io/

before trading you must know to read market sentiment to trade and must have basic and basic knowledge about the market. Every time it is not good to trade whether it is a potential coin. You should be active and check news about crypto on crypto related sites which also affect the market to some extent, but in this forum, you can find lots of posts in beginners section and help tab where you can learn and gain knowledge. If you are not knowledgeable, you can buy and keep the top potential coins which are not too risky.

CryptoLogo

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www.fintropy.io

Sign up for trading view. But first, watch as many videos as possible with breakdowns of technical analysis and indicators.
Now there are a lot of similar training videos on YouTube, after which everything will become more or less clear to you.

letyouearn

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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?

In my opinion, you should try investing first - not trading. Trading crypto is always fatal for newcomers - it's very hard not to go all in here. Take some small part of your exchange depo and try to trade on spot first. Just using local pumps and drawing some trend lines and levels. If you begin from diving into complicated tech analysis, it will corrupt you Grin

Marble777

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Use indicators as material to see the movement chart of the coin you are trading. I'm not saying that you should rely on it, there are things you need to know especially on the choice of coins, your capital, when is the right time to buy, how many targets are set, are you ready to lose or win and so on.
no trader actually profits all day, every trade takes a risk. You need to understand this

herurist

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Quote from: ?? on ??

Quote from: Sayeds56 on October 12, 2021, 11:32:11 PM

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?

Although there are hundreds of Indicators available to technically analyze market but RSI , MACD and Moving Average are considered best for using them on all Time frames.
Please also remember that Technical analysis is never a perfect science, it the science of probabilities but not certainty. The Indicators are designed in such a way that they look at historical data and trends and based on that they generate Buying and selling signals. The accuracy of these signals is never 100% but they work to the extent of 60-70%. Please also take online classes to fully understand these Indicators and use them in best way for generating trading profit.

https://www.thebalance.com/best-technical-indicators-for-day-trading-1031208#:~:text=The%20Best%20Technical%20Indicators%20for%20Day-Trading%201%20Relative,4%20Using%20Pairs.%20...%205%20Refining%20Indicators.%20

I am not understanding about what is indicator and how to use and apply in cryptocurrency trading, almost five year with investing and cryptocurrency trading never understand yet about method or indicator to know coin potential pump or not. I think most effective way for trading is patience and waiting support or lower price to buy back, many trader not patience for buy back and most of them buy coin on hype moment or have higher price.

indicators may only serve as auxiliary tools because they are only a set of formulas used to consider and analyze what will happen and this is only an aid not a reference. apart from that everything is simple, this is a reference to make speculation to be more focused because there is data

despite all that I agree with what you said when trading should have patience and wait for support or lower prices to buy back

kevincandra

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www.fintropy.io

Quote from: HardCore12V on October 13, 2021, 12:50:36 PM

Trading in this type of present market isn't so tricky because bull season is still active, just buy when BTC goes as low as 43000 and sell when it goes up to 47k or 48k, I have a friend that use large amount of money to repeat this process again and again, he made good profits every day, crypto trading only gets more harder when the market is in very bad shape like in bear market for example

I agree with your opinion, the current market situation still has the opportunity to make good profits and also depends on capital and confidence. I also enjoy it and the most important thing is not to be greedy.

Bollexz1

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Since you're new, I would advice you to engage yourself in buying for long term profit. So with time, you'll get familiar with how the market react and how you can bend it to your favour.

HardCore12V

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Trading in this type of present market isn't so tricky because bull season is still active, just buy when BTC goes as low as 43000 and sell when it goes up to 47k or 48k, I have a friend that use large amount of money to repeat this process again and again, he made good profits every day, crypto trading only gets more harder when the market is in very bad shape like in bear market for example

Slon55koz

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www.fintropy.io

Quote from: Lubang Bawah on October 13, 2021, 08:19:32 AM

Trading has become the work of many people today, and crypto trading is certainly different from Forex trading, I've traded forex and price increases are very difficult, but crypto trading can make us faint because prices go up and down like a roller coaster, the most important thing is to have a strong mentality. calm down so you don't panic when you see the price drop.

Trading on the cryptocurrency market is a very nervous activity compared to other types of earnings in trading. I think that people who consciously came to the cryptocurrency market are very purposeful and have the necessary set of qualities that traders need for their successful start. The main thing is to keep cool and study the coin very carefully before investing in it.

Blowon

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Vave.com - Crypto Casino

Using the MA indicator is one of the best indicators to measure trends through charts. It's going to get easier. But you can also try fibbonaci and rsi. These two indicators are also very helpful.

Lubang Bawah

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Trading has become the work of many people today, and crypto trading is certainly different from Forex trading, I've traded forex and price increases are very difficult, but crypto trading can make us faint because prices go up and down like a roller coaster, the most important thing is to have a strong mentality. calm down so you don't panic when you see the price drop.

Jaered

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Since you're new to crypto, I suggest you chill about your trading hunger and learn the ropes first. Crypto is never a get rich quick business. It has not and would never be. The ropes involves learning about blockchains, Defi, scams etc. It's a Wild Wild West going on here. And how can you know your left from your right if you can't do your own research?

goldkingcoiner

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Quote from: ?? on ??

Quote from: Sayeds56 on October 12, 2021, 11:32:11 PM

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?

Although there are hundreds of Indicators available to technically analyze market but RSI , MACD and Moving Average are considered best for using them on all Time frames.
Please also remember that Technical analysis is never a perfect science, it the science of probabilities but not certainty. The Indicators are designed in such a way that they look at historical data and trends and based on that they generate Buying and selling signals. The accuracy of these signals is never 100% but they work to the extent of 60-70%. Please also take online classes to fully understand these Indicators and use them in best way for generating trading profit.

https://www.thebalance.com/best-technical-indicators-for-day-trading-1031208#:~:text=The%20Best%20Technical%20Indicators%20for%20Day-Trading%201%20Relative,4%20Using%20Pairs.%20...%205%20Refining%20Indicators.%20

I am not understanding about what is indicator and how to use and apply in cryptocurrency trading, almost five year with investing and cryptocurrency trading never understand yet about method or indicator to know coin potential pump or not. I think most effective way for trading is patience and waiting support or lower price to buy back, many trader not patience for buy back and most of them buy coin on hype moment or have higher price.

Indicators are just visualised mathematical approaches to analyzing the diverse aspects of volume, buying strength withing a certain period of time as well as selling strength within a period of time. If you dig deep enough at some point you will find "coincidences" which turn out to be patterns that keep repeating.

Even in nature you can see repeating patterns.

tokyohd

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Pepemo.vip

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?

I will suggest you as a new user, you can choose and buy some good tokens and sell them if the price goes up. Moreover, the trade thing is risky, especially for new users.

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

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?

Although there are hundreds of Indicators available to technically analyze market but RSI , MACD and Moving Average are considered best for using them on all Time frames.
Please also remember that Technical analysis is never a perfect science, it the science of probabilities but not certainty. The Indicators are designed in such a way that they look at historical data and trends and based on that they generate Buying and selling signals. The accuracy of these signals is never 100% but they work to the extent of 60-70%. Please also take online classes to fully understand these Indicators and use them in best way for generating trading profit.

https://www.thebalance.com/best-technical-indicators-for-day-trading-1031208#:~:text=The%20Best%20Technical%20Indicators%20for%20Day-Trading%201%20Relative,4%20Using%20Pairs.%20...%205%20Refining%20Indicators.%20

91254vvpatel

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jaimini patel

If you are trading in the short to medium term you can use indicators in the trading view to analyze. To get comfortable in trading, of course, a trader should continue to learn so that he can have the most comfortable trading style with him. After all, if the purchase is reasonable it is necessary to look at the full opportunity with a solid investigation for a while.

doomloop

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Quote from: Kodok Bencot on October 12, 2021, 09:09:29 AM

The most important thing when trading is to understand the trend that is happening, and making several sites for reference and making decisions is the best thing, now I use coinmarketcap as a reference because there is already a selection of the most profitable coins daily, weekly and monthly, and this simple technique makes I can earn big.

Just going behind trend is never been good idea because sometimes we have fake trends which are started by whales for their own sake can hurt any newbie most useful and better use case is just done some research and read all about project because it's first and basic thing for anyone after this you check team and their product because if you are going to invest then surely you have all information about this it's very important for you.

Read analysis and have as much you can from social channels and white paper or all available resources because you are going for your big decision which need some good work from you.

Topic: Good ways to trade? - page 6. (Read 2441 times)