Author

Topic: Good ways to trade? (Read 110 times)

sr. member
Activity: 1988
Merit: 283
August 29, 2021, 01:46:02 PM
#13
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
  there's a lot of technical indicators for trading mate, if i were you visit youtube and search "useful indicators for cyrpto trading" for sure you will see some very informative videos wherein step by step tutorial as well how you can apply it properly.  Indeed there's a bunch of professionals traders that making very useful videos in youtube for traders especially when it comes beginners so must try mate.
hero member
Activity: 670
Merit: 512
August 29, 2021, 12:51:55 PM
#12
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There are a lot of technical indicators available. But you need to find out which are suitable for you. It's not good to use only a few technical indicators for trade. You need to use various technical indicators to find out a good trade setup.
Personally, I am using:
Fibonacci retracement (one of my favorite indicators for S/R)
Relative Strength Index (RSI)
Exponential moving average (EMA)
Moving Average Convergence/Divergence (MACD)
Stochastic Oscillator.
Moving average (MA)
On-Balance-Volume (OBV)
Volume
Stochastic oscillator


I also using Some customize indicators that I found from Twitter, Some traders post their own indicators that are also good to use.
sr. member
Activity: 1008
Merit: 250
August 29, 2021, 11:07:37 AM
#11
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
in my opinion,
1. Never panic sell
2. Always monitor prices (never buy when the price is rising very high)
3. look for cryptocurrency that has a high volume (making it easier for you to sell and buy)
That's right mate, the points you suggest are very common things to be followed by everyone who is choosing coins and wants to trade, because the three points you mentioned are very important things to implement
full member
Activity: 1297
Merit: 126
August 28, 2021, 05:57:39 PM
#10
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There’s a lot of indicators that can help you on your trading decision, so start learning every indicators first before you talk about the best one because this will depend on which indicators that will works for your strategy. The common indicators are MA, MACD, RSI, and I’m sure you can discover more.
copper member
Activity: 812
Merit: 12
I ❤ ₿itcoin and Ethereum
August 28, 2021, 05:12:10 PM
#9
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

in my opinion,
1. Never panic sell
2. Always monitor prices (never buy when the price is rising very high)
3. look for cryptocurrency that has a high volume (making it easier for you to sell and buy)
jr. member
Activity: 62
Merit: 4
August 28, 2021, 03:28:55 PM
#8
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Consider pairing a set of two indicators on your price chart to help identify points to start and exit a trade. For example, the RSI and moving averages of convergence/divergence can be combined on the screen to suggest and strengthen trading signals.
hero member
Activity: 1694
Merit: 505
$CYBERCASH METAVERSE
August 27, 2021, 06:02:20 PM
#7
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?

Talking about technical indicators, that's given in every trading site exchange it's up on you to study and determine the signals. Learning things that help you formulate a good projections wasn't an easy steps, you need someone that who can guide you. Because you need to plot all the data from every trading site where your coins was listed.
hero member
Activity: 980
Merit: 519
fillippone - Winner contest Pizza 2022
August 27, 2021, 05:21:36 PM
#6
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
There are so many technical indicators you can use to trade but you need to learn them and their strategies along before you can think of making  use of them. Indicator like moving average can be use in so many ways to interpret the market trend and future movement if one is good in their strategy.
We also have indicators like:
✓ Relative Strength Index
✓ Parabolic Sars
✓ MACD
✓ ADX
✓ Stochastic Oscillator
 
We are other indicators you can use just try familiarise yourself with this ones and you will enjoy them later on.
hero member
Activity: 1344
Merit: 852
August 27, 2021, 03:54:26 PM
#5
There are no technical indicators in trading except the will of oneself without being satisfied to always "learn". Learn to understand the coins that have a good chance in the market. Learn to wait patiently for the best time to sell and buy. I think that's the only indicator that anyone involved in trading in crypto should have.
legendary
Activity: 2156
Merit: 1622
August 26, 2021, 01:39:48 PM
#4
You can check out Bitget Exchange. they claim to be the world's largest crypto copy trading platform. I have tried it before and even manage to earn some profits from their copy trading and they have a lot of good traders to choose to copy trade from.

no they are not. They are shady exchange that cheat with volume. Looks like they paid for such topics too. Because its not the first I see started by low rank members. I was already writing about them so no need to do it second time:

According to CMC Bitget is only 1 year younger than Binance. So its not that new. The problem is that hype around it is too small compared to other exchanges with smaller volume. For instance everyone knows Poloniex or bitfinex (5 times smaller volume than Bitget ).

When you open spot BTC/USDT trading pair it looks even more weird. Transaction each 1-5 sec (most likely auto fake trade each random number in a range 1 to 5 sec). Hardly ever we can seen 2 transaction during 1 second. Compare it to kucoin (same volume) where you almost all time see a spam of TXs during one second.



Proves that traffic on Bitget is couple times smaller even if the transactions we see are real (and they dont look real at all).

So their claimed volume is 20 smaller than binance even though its 90-99% fake (so most likely 200 - 2000 smaller than binance).

I would not trust a penies with this exchange. And OP was asking about indicators not copy-trading.

@OP This is a topic for you
https://bitcointalksearch.org/topic/trading-cheat-sheet-collection-4846473
legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
August 26, 2021, 08:29:15 AM
#3
If you want the best advise, it will be good to move this post to trading discussion. If you want to know more about trading, you will need to be very patient, start with the money you can afford to lose, trading is very risky. To know about indicators, you will need to learn about this online, the most important ones are relative strength index, bollinger bands, relative moving average, exponential moving average and also you can learn about many other oscillators like relative strength index. But the first to learn are technical and fundamental analyses, especially the technical analysis.
newbie
Activity: 22
Merit: 0
August 26, 2021, 08:20:20 AM
#2
You can check out Bitget Exchange. they claim to be the world's largest crypto copy trading platform. I have tried it before and even manage to earn some profits from their copy trading and they have a lot of good traders to choose to copy trade from.
copper member
Activity: 18
Merit: 1
August 26, 2021, 08:19:16 AM
#1
Hi I am new to crypto and wonder what are some of the best technical indicators to use for trading?
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