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Topic: Good ways to trade? - page 8. (Read 2400 times)

legendary
Activity: 2198
Merit: 1592
hmph..
October 05, 2021, 01:40:39 PM
Technical indicators ain't very useful in cryptocurrencies. Sure it gives you information but many time, crypto outbound of those indicators that mean you got fed with white noise, nothing else. So you don't have to be looking for the best technical indicators or spend too much time grossing over it. Just use any technical indicators from the exchange where you trade.

I agree, but we also need to use TA as a tool to help us in making decisions. At least, when predictions don't match (especially when down) we can manage when to stop loss. Meanwhile, if we don't use indicators at all, just by feeling, of course trading will only get worse. Because, many beginners do not pay attention to indicators, do not have good trading management, more and more losses. We can't predict the future with 100% accurate, at least we can set foot when the price falls.
full member
Activity: 274
Merit: 101
October 05, 2021, 01:27:32 PM
Technical indicators ain't very useful in cryptocurrencies. Sure it gives you information but many time, crypto outbound of those indicators that mean you got fed with white noise, nothing else. So you don't have to be looking for the best technical indicators or spend too much time grossing over it. Just use any technical indicators from the exchange where you trade.
full member
Activity: 462
Merit: 100
October 05, 2021, 01:23:23 PM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
I think without study you can't do anything so if you want to be a good trader at fast need fallow proper update news then you can follow where you want to invest this web site and social site and a very good way is to participate on various IDEO project for success on trade.
hero member
Activity: 1792
Merit: 871
Rollbit.com ⚔️Crypto Futures
October 05, 2021, 01:08:53 PM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
In my opinion When you bring in indicators to your trading style this tends to delay the best time to take a trade which could have been the discount price and also helped to maximize on your profits.

I would suggest going with naked charts and using price action which really helps to see market directions before the reveal themselves on the chart. It might take time to understand this but I guarantee you it's worth every time invested in learning this style of trading.
member
Activity: 182
Merit: 13
October 05, 2021, 12:00:18 PM
What I think is that it takes a lot of patience to trade because you have to be very patient when the market goes up and you have to be very careful when you go to the market.
Otherwise, I think I will lose when I go to the market and I will gain when I get up
hero member
Activity: 2870
Merit: 556
October 05, 2021, 11:11:26 AM
you can spot trading, select some good coins and check the chart and see when the coin price going down just buy it from dip and sell it when it high.
Spot trading is a good start, but you should be careful and not select the coin without analyzing it because that will be the key to making a profit. Yes, buying a low will be a must but that needs you to analyze the movements. Perhaps, you do not have to make a big profit but just take profit when you are in a profit position and repeat the process. If you can do it many times, your profit will be bigger too. But that needs time before you can make that big profit.
full member
Activity: 1176
Merit: 118
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October 05, 2021, 04:19:33 AM
Here are some good ways to trade:
1. Forum: Always try to follow the forum information to be part of those good traders, that always achieve good income from their trade.
2. Personal research: All the successful traders always carry out their personal research before trading in the market. It help them to know when to sell and when to hold the coins for future profit making.
3. Patient: When other traders are in horry to sell or buy in the market, try to understand the right time to release that potentian coins. When you are patient with your long term investment, it always bring good result at the end of the investment.
4.Time : Always try to understand the time, when trading your coins in the market. It will help you to know when to trade to achieve good profit from your investment.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
October 05, 2021, 02:07:49 AM
Usually with the science of prediction and careful decisions, and ready to lose at any time. It was preparation to become a good crypto trader. To make a good profit, you just need to be consistent and targeted in trading. That would be a very good profit to run.
The trader's own perception is more important. There are so many indicators to run and so much stuff that you can learn from them. But the conclusive prediction can never be done. It is because the market runs on different events and they all have a chance of happening anytime that you cannot foresee.

Consistently making the same mistake will not yield a profit. You have to be smart here - do the opposite of what the common people think. But this is difficult to perform.

If it was possible to just use a indicator to perform everything, then the people who worked on TA would have become millionaires already.

you can spot trading, select some good coins and check the chart and see when the coin price going down just buy it from dip and sell it when it high.
Simple and effective, indeed. But most newbies dont like that because they are in it to get-rich-quick and therefore they fall prey of shitcoins, scams, hyips and so on which are rampant in this sector due to a lot of reasons.
full member
Activity: 416
Merit: 101
October 04, 2021, 03:32:45 PM
There are many things to keep in mind when trading. The first thing to remember is the loss. You have to trade with this in mind. Always be happy with 5-10% profit in short trades. And those for the long tram will not be seen until a long time has passed. You need to understand and choose the right coin. If you need to trade, you need to invest in a good one after 4-5 days of research.
member
Activity: 759
Merit: 15
October 04, 2021, 02:49:33 PM
there are no signs, general indications valid for everyone everyone must find their own strategy congenial to him, i would recommend at the beginning to start with small sums at least until you get carried away, to study the volumes and candles of the couple on which you want trading i would say buy as the chart goes up and sell as the chart goes down
member
Activity: 924
Merit: 18
https://imgur.com/yw8HFn9
October 04, 2021, 01:01:18 PM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

I will tell you that the precondition for trading is to fix the mind. You have to keep the mind calm at any moment, whether it is market dine or up. Again, if a token continues to rise in price, it cannot be bought emotionally. You must know more about the token before you buy the token, If you want to make a profit in trading, you can make a profit by buying a token below the ICO price. But always remember to never buy too high. If it is in the middle position, you can buy. loss/ profit is your final decision.
sr. member
Activity: 1008
Merit: 250
October 04, 2021, 12:34:33 PM
Those coin which have gigantic volume, by picking those for exchanging you can get great benefit. Assuming you need to do day exchanging then you should follow the market in consistently. At the point when we screen economic situations all the more frequently, we will know which Altcoins are useful for us to put resources into. It's better now if the speculation made is a drawn out venture.
hero member
Activity: 1260
Merit: 504
October 04, 2021, 12:25:32 PM
There is a perfect opportunity to purchase and an ideal opportunity to sell. Need legitimate investigation and should have the option to peruse market developments. I ought to advise you that when you have been managing instability on the lookout and that implies on the off chance that you should likewise attempt to comprehend about the danger. You need to see the volume of coin and you should pick the high volume coin for exchanging. Those coin which have tremendous volume, by picking those for exchanging you can get great benefit.
full member
Activity: 634
Merit: 128
October 04, 2021, 12:44:39 AM
A good way of trading is by first knowing or analyzing thoroughly the coin we want to trade so that we are really sure that the coin will bring us success or luck, and always monitor market conditions carefully so as not to be wrong in buying or selling it again. it's better to trade using long-term tactics
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
October 03, 2021, 04:23:25 PM
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Hi Happy to welcome you here. We have number of indicators like MACD, RSI and etc. We have more videos on how these indicators work and what they mean by and how we should move about using these indicators. You must be aware of it by now. Besides these indicators, we have other important things to work on be a successful trader. Analyze and Choose the best coin, Choose the best crypto exchange, Keep updating yourself with news and updates on the coin you have invested and overall Patience is the key to success in trading. Just practice yourself on these.
hero member
Activity: 1694
Merit: 719
Top Crypto Casino
October 03, 2021, 02:44:03 PM
There are no different indicators in crypto, the same indicators that are used for other markets are also used by crypto traders in the case of crypto market analysis. Fundamental analysis is more important than technical analysis in crypto trading. Because suddenly a news can change the situation of crypto market in a moment.

As a result, traders have to be more careful while trading. Not all traders trade in the same way, everyone has a different strategy. So you will never get good results depending on any specific indicator unless you know the details about it.
hero member
Activity: 2464
Merit: 585
October 03, 2021, 02:25:40 PM
Don't follow the signals that other people give you, a good way to trade is to sell when you make a profit and buy back when you lose.
It must be remembered that before trading you must have done due diligence on the project you wish to trade.
This is the best way to stay in any market, just do your own search and try to have information as possible because with this you will be able to handle your investment in better way. Many newbies lost funds and failed in this market just because of this, they never try to take knowledge and understanding of this market and run behind signals which never helps because these are mostly on feuds or some personal sack.

Anyone if you want to start trading or want to invest, first basic thing is just read and have all updates about projects or things where he is going to invest about team product and project because after investing you have no chance for anything like this, and you can lose your funds very quickly.
full member
Activity: 1204
Merit: 102
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October 03, 2021, 10:58:34 AM
I think every trader will have a different trading style according to the comfort of each. To get the comfort of trading, of course, a trader must continue to learn so that he will get the trading style that is most comfortable with him. During the process, of course, there will be many ups and downs and we must be able to enjoy each process so that it becomes an experience
newbie
Activity: 16
Merit: 0
October 03, 2021, 10:53:50 AM
Individuals need to work when they realize what to do. Exchanging crypto requires just the fundamental details of sorting out what benefit Altcoins are the most sought after on the lookout. At the point when we screen economic situations all the more regularly, we will know which Altcoins are useful for us to put resources into. It's better now if the speculation made is a drawn out venture. At last, we need to see the perfect opportunity with solid investigation for quite a while later on if it is reasonable to purchase.
sr. member
Activity: 1890
Merit: 256
Vave.com - Crypto Casino
October 03, 2021, 10:41:05 AM
It depends on your trading style. If you are trading in the short to medium term you can use the indicators in tradingview to analyze. If you trade long-term. Use fundamental analysis for that. It's very helpful in investing.
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