Topic: Good ways to trade? - page 3. (Read 707 times)

You can ride on it if you're too good in riding these pump and dump coins. But not everyone is good in riding it especially the newbies and that's why it's better for them to just avoid it.
Just because there's a chance that you can make big money from it, it's not wrong to just be safe and avoid it if you know that you might just get losses by riding it.

if you want to noodle around and enjoy that kind of thing you can try all kinds of strategies. Day trading is popular because its very exciting but making money day trading is hard. It's made harder if you factor in fees which add to what you have to make to actually turn a profit when looking for relatively small profits throughout your day.
If you want to consistently make money do what the professionals do. Trend follow with risk management that cuts volatility. So for instance. If you bought BTC in Oct 2020 at $20k and held onto it through all the ups ($65K-May 2021) and downs (it's been as low at $29k since then) The value of your portfolio fluctuates accordingly. A professional will use volatility avoidance software that buys while the market trends and transfers into fiat when the market starts ranging like May 2021 until now.
This website CyberTools.Club allows access to professional risk management software. Does not take custody of funds, just connects to your exchange and trades on your behalf. You can see some research papers on this page which show the difference between buy and hold with no risk management or buy and hold with risk management. It's not sexy or fun but over the long-term its a strategy with a good probability of success and because membership building is a priority at the moment the service has no fee.
 

wrong , don't avoid that on the spot instead ride with it but never too greedy to seek for too much , best to buy and wait for small pump then sell.

we have seen many of pump and dump. and I am also one of those who rides when there is something similar i found specially when the pump is just started? i will take the opportunity to buy and wait for at least 5-10% growth then leave , that is what i do lol.

That's for sure a pump and dump and as much as you can, you should avoid it. I avoid those projects that have pumped without any reason and I don't want to get stuck in between of it. The chance of an investor chasing the pump and get profit on it is fairly low. Those who have been there at the start, they're the ones that's making a lot of money because they've been there as the lowest since its inception. And as a trader or investor, I won't recommend chasing those pump and dump projects because instead of profit, you'll lose.

There is no good way to keep a portion of the cash, and every time everyone panics, you just buy in.

I learn and try many thing, I choose currency from top 100 of coinmarket, than watch behaviour for some time and trade by short deals!

Most times, the indicators that work for one person might not work for you because of their style of trading and you because do understand that most of these indicators are set differently by different traders. You have to find the one that will work for you based on you pattern of trading.

take some coin from TOP 100 of coin market, look and learn it behaviour! Try to trade on the biggest exchanges like binance!

First of all you need to know the market trend, wheather it is Bullish or Bearish then you need to know basic indicators like RSI, MACD & SMA.

Now to learn to trade cryptocurrencies there are many places.  One of them as you mentioned above.  Therefore we must take advantage of existing media to seek knowledge about cryptocurrencies.  I also learn from YouTube bro

i'm new too, my ways are join class on telegram forum give you coin signal and analysis. second is youtube, there are many YT channel you can watch to you learn about trade.

If you are a beginner, it would be nice if you have to learn first with people who are already proficient in the crypto world.  Because investing in crypto is very risky if you don't understand and don't do research first.  The indicators are many if you want to search on YouTube but come back again according to your beliefs.

The good way to trade,study how to manage and manipulate.Ask those people who expert if hard for you to study and learn.Trust,also is one of basic to determine if you can to join so that to be success.Always positive way ,either will down or getting high when you TRADING.If any problems come think,the alternative way to get up and positive solution.

If you are new to crypto, you will have difficulty learning the technical indicators. Those indicators are learned automatically on the way. I suggest not skipping the basic stuff. Start there and indicators will follow. Where to learn basic trading stuff? Your favorite search engine is your friend.

While in progress, you can able to determine what's the best indicator you can rely on that you can use on your future trading.

The most important for each new trader is to trade small amounts and observe the market. In any free time, read publications about trade techniques. Remember that a huge number of experienced players play against you so always need to have respect for the market. Do not touch at the beginning of the leverage. After half a year you will no longer ask such questions and start to take your own conclusions. If you start to take your own conclusions, you can start experimenting your own trading technique. Good luck!

Good to see you with us. I am using mostly RSI indicater. It can show you the way of trend. You can find more information in Youtube.

you should go back to the drawing board. to trade. you need to read and get updated on how to trade. else you will lose all your funds to whales. you will buy when everyone is selling and sell when everyone is buying. the only good way to trade is to follow your instinct but make sure you understand the trading tactics. as far as I am concerned, there is no good way to trade. you can loose today and win tomorrow.

Your account was created since 2018 so how come that you are new in crypto? do you bought this account? and you are not the real owner?
2018 till now is 3 years and that is not that short to mention .
That is also my assessment , Maybe what he meant is He is New in trading crypto as His account was not active in this forum that long.

Hey . I can recommend GokuMarket if you never heard about it . GokuMarket is a reliable and old crypto turning platform with many users and good reviews. Now they even give 12 Euros for new registration if you have referral code ( you can use mine 7638007364 ) .

If you are a newbie in this market, I recommend you do your research before investing. Find a good teacher to help you succeed