Topic: How do you make a trade or investment decision? - page 6. (Read 1948 times)
We must first consider our financial capabilities before we begin trading or investing. Lets plan the things that could be affected when we start trading.
It is best to investigate first and find out what might happen if we enter it. And most of all it is better to be prepared for whatever may happen to our money. We can win and we can lose too. That is why risk management is very important to consider.
In order to make a certain decision, I always develop a trading plan for myself.
This is the very best option for any trader to exhibit, it help the trader to get the needed information which will help the trader more efficiently. Some tools aren't good in trade for newbies without any good experience, I make used of some tools but still fail some of my trades back then but when I developed my own trade techniques I was grateful that I did. Your personal technique should be your priority in trade.
Interest come in first before the next move for investment come up. You therefore need to build or have such interest in the project before you go forward to analyse. From analysing the coin you want to buy, you study the technology and uses before a conclusion to invest or not.
Definitely a good point to look before going to make a decision of what you're putting out your money for, now when putting all this upfront don't listen to FUD: it's "means of spreading fake news" because this alone will cut of your mind on what you want rather take a proper research again before conclusion.
How do you make a trade or investment decision?
Will talk about trade, there are tools available for the trading of cryptocurrency and stocks that are more efficient. What I used is the trading view tools, this has been good as I use this to determine available signals across the two market. In trade you should be more careful to pick the signal that won't be odd, also you should be able to calculate the oscillator and accelerator before you choose that coin to trade. Moreover, investment is your individual research and it depends on you and your research for success. 
A proper research is a must before trading or investing in any cryptocurrency.
If you are planning to invest for a long term then a research on the whole project and it's roadmap is a must.
You must look how good the team is and if they have any credibility in the market.
Their goals must be achievable, reasonable and potential and should not be some get rich quick or MLM scheme.
If you are planning to trade regularly then current news on the project is a must before trading the cryptocurrency.
Other than that you must surely do a quick analysis on the fundamentals and technical before trading any coin.
This involves the volume and liquidity and hence requires constant attention on the market.
If you are planning to invest for a long term then a research on the whole project and it's roadmap is a must.
You must look how good the team is and if they have any credibility in the market.
Their goals must be achievable, reasonable and potential and should not be some get rich quick or MLM scheme.
If you are planning to trade regularly then current news on the project is a must before trading the cryptocurrency.
Other than that you must surely do a quick analysis on the fundamentals and technical before trading any coin.
This involves the volume and liquidity and hence requires constant attention on the market.
Well, I read the information before making that decision. however, without clear information, trading will only make the percentage of profits that you can get decreased. so far, the source of information I get from social media, and this forum. although not very accurate, but I think the development is almost correct.
Yeah, we should make decisions about trading with our own researchers we know so many people are having websites that are providing information related to trading. In your journey, so many people will say you different choices to make but you only have to do all according to your knowledge and your own researches. Buying crypto is such a difficult task if you are new better get knowledgeable research before starting. 
I ask myself if I could bare the thought of losing this money I am about to invest. I know that at the very worst I will lose 10% or 20% of it, I know I will not lose all of it, I rarely ever get into stuff that would make me lose all of my money, however I do it anyway considering maybe the exchange would get hacked, maybe I will not lose my money because of bad trading but lose it because of scam or hack, and I still ask myself if I would be fine with losing all of it for the risk I am about to take and potential profit.
If the downside is smaller than the upside I take that risk and I invest. I would rather have no downside at all but that is not really available anywhere so I have to take the risk depending on the pros and cons of investing at that time.
If the downside is smaller than the upside I take that risk and I invest. I would rather have no downside at all but that is not really available anywhere so I have to take the risk depending on the pros and cons of investing at that time.
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
Not much of a trader, but yeah before investing I do some proper research.I mean trading or investing, you will have to go through the news and check the updates of the coin. I use this forum and some well known crypto news portals (those which are globally top). I wouldn't say updates from the social media should be trusted. You might receive false information. Even if you do update yourself through the social media, make sure you verify the news and the sources. I wouldn't join "one" place which will be giving me all information. Multiple source is always good.
Investment decision relates to the decision made by the investors or the top level management with respect to the amount of funds to be deployed in the investment to opportunities. trading and investing imply risk on your capital. However, trading comparatively involves higher risk and higher potential returns as the price might go high or low in a short while.
We don't have to invest on anything based on other's opinion, if you know it is profitable then you have to invest so you need to know basic things about cryptos making investments on it.When it comes to trading it depends on our trading style, day traders uses lot of indicators to decide what they should do and other traders uses fundamental analysis.
Trading investment is very important to research before going into. The project team too is looked at because of experience to handle community. On a personal strategy, yes the technical ability too is important. I don't invest in a coin that I don't understand how it works, it purpose to fulfill and the volatility, volume and exchange it is trading is important to research.
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates, and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
I usually set a target goal and once I reach it I make the decision of selling from there. There are also unexpected situations wherein we're forced to sell what we have because some situations would influence our decisions depending on our needs.
We all have our own strategies but it's important that we're gaining a good profit out of it. It takes a lot of courage and patience especially if we're holding a coin with a not so strong foundation.
Unfortunately, the medal always has two sides, and given the crypto market here, the sides of the medal can be much more.
Those people who continued to hold their coins no matter what, probably had no other choice. After all, if you are a trader, then you can benefit from the fact that the market is very dynamic.
However, investors who do not have trading skills would likely only increase their losses.
Therefore, they have no choice but to expect that in the long run their assets will increase in value, because fixing losses at such low boundaries makes no sense.
There is a chance that the coins will not fall below the level that we see recently.
Those people who continued to hold their coins no matter what, probably had no other choice. After all, if you are a trader, then you can benefit from the fact that the market is very dynamic.
However, investors who do not have trading skills would likely only increase their losses.
Therefore, they have no choice but to expect that in the long run their assets will increase in value, because fixing losses at such low boundaries makes no sense.
There is a chance that the coins will not fall below the level that we see recently.
Hi! mirrasel.
The first thing I would recommend to a person who starts from scratch and who has never sold anything in their daily life, commercially speaking, to start trader offline, the vast majority who come to crypto have sold nothing, absolutely never traded anything, so start there, start making simple decisions, sell a tangible product to anyone in your real world, learn to understand when to lower the price, when to keep it, and best to know when to raise the price of your product. That is, do not want to go directly to electronic commerce before having some experience, decision-making is something that requires theory but it is 20%, the other 80% is practical.
The first thing I would recommend to a person who starts from scratch and who has never sold anything in their daily life, commercially speaking, to start trader offline, the vast majority who come to crypto have sold nothing, absolutely never traded anything, so start there, start making simple decisions, sell a tangible product to anyone in your real world, learn to understand when to lower the price, when to keep it, and best to know when to raise the price of your product. That is, do not want to go directly to electronic commerce before having some experience, decision-making is something that requires theory but it is 20%, the other 80% is practical.
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
There are a few ways that I can help myself to make the right decision when it comes to trading or investment (especially investment, because that's what I do mostly). The first thing is that I avoid making my decisions based on emotion. It's really important, and you need to be aware of it. Sometimes most of us are behavior based, and it costs us a lot of things in the future. It might be that you are going through life events that will affect your decision or things like that. So it's best not to make a decision like this, whether it's fear or greed.You already know about research, it's important and that's what most people will tell you. Apart from that, create a strategy that works for you. You can't trade or invest without strategy, if you do so, then you're just gambling for luck.
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
There are those that prefer to use fundamentals and the news to try to predict the movements of different assets in the market, however that is extremely time consuming and there is not a single source from which you can get that information and even more importantly even with all of that information it is impossible to know how much the price price will move in either direction, as such I prefer to save myself the trouble and only take a look at the charts, I follow a strategy of my own design that I have tested because I do not really trust on the countless strategies you can find online about how to make money on the markets.You would really regret once a particular suggestion do fail up.You cant blame out people to make use of fundamentals yet this market is
too reactive when it comes to news and similar aspects but somehow you do got the point that not everytime we would see a
news which for us to rely on thats why TA's had been always become the norm.
We don't have to invest on anything based on other's opinion, if you know it is profitable then you have to invest so you need to know basic things about cryptos making investments on it.When it comes to trading it depends on our trading style, day traders uses lot of indicators to decide what they should do and other traders uses fundamental analysis.
You can get the news in a timely manner if you have subscribed but despite all that, I personally prefer to invest for the long and medium term because in this case I only need to be self-aware about the capacity and skills I have, because when we do not have good skills and capacity in terms of analyzing the trade we do will be difficult to produce good profits, so to anticipate this we only need to do what we believe to give good results because we don't need to force something even we don't understand.
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
There are those that prefer to use fundamentals and the news to try to predict the movements of different assets in the market, however that is extremely time consuming and there is not a single source from which you can get that information and even more importantly even with all of that information it is impossible to know how much the price price will move in either direction, as such I prefer to save myself the trouble and only take a look at the charts, I follow a strategy of my own design that I have tested because I do not really trust on the countless strategies you can find online about how to make money on the markets. 
How do you make a trade or investment decision? Do you read news and check the price updates of your Coin? How do you do this? How do you get real time crypto news, social media updates and price alerts? If there's any 1-stop place to get all in real-time for free would you like to join?
I usually take info about the project reading the official web page, the white paper, and information on the official social channels asking even more experienced users. As a second step I evaluate the charts and exchanges that list the crypto and only after this I evaluate if it is the case of invest in it
I make different evaluations for both when making investment or trading decisions. For example, when I trade, I analyze short-term developments and analyze the price in short-term. On the other hand, when you invest, I make very detailed research about that investment tool and analyze the prices in the long term. Also, by making very detailed research about the project in my long-term investments, I have checked whether the project I want to invest in will be long-term and long-lasting. In the meantime, I would like to point out that I take care to keep abreast of developments and all news in both long-term investment decisions and short-term trade decisions.
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