It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.
If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.
Topic: how to trade efficiently? - page 16. (Read 2759 times)
It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.
If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
First of all you need understand how risky trading is, because if you do not understand it most likely you will get emotional and be illogical when trading. If you think you can control your emotions when trading then study technical analysis there are thousands of tutorial videos in the internet, You do not need to learn chart reading specifically in crypto currency chart for stock market and forex are okay because all of them has the same concept. Practice by creating a demo account, do not rush creating a live account. If your trade are winning in Demo account it does not guarantee that it will be the same in the live account but at least you have some experience in trading.
Diversify but do not over diversify i personally have three to five coins for trading but I am holding a few more on my long term. Also do not listen to some random person in the internet all of has their own motive, you will notice this in social media like facebook and telegram ignore them do your own research.
Actually of all you must keep stabilate in your emotion, because if you do not control your self emotion and your logical was want to profitable and optimistic
you think you can control your mind but if someone has mindset profitable and optimistic , your asset will be lost , and out of control your self
I think you must professional one of trading strategy and stay calm , keep your coffe behind you , drink it if you worried about your trade
for reality ; i don't know your level and your experiences
But i give some information generally
1- your basic weapon here is your knowledge :
+ the basics concepts of blockchain ( that serve you to know if it is good project )
+ you should know the type of coin that you wanna trade on it ( pump coin ; holding coin ; scalping coin )
+ determination of the platform that you gonna use and the volume :
- platform especially for classical coin
- platform known by pump operations
- platform known by tokens and erc20
- platform especially for scalping or holding
+ you should know the orientation of markets and capitals and whales
2- your seconde weapon :
+ technical analysis
+ digital analysis
+ Psychoanalysis
+ fundamental analysis ( if there is a strong news ; They take precedence )
+ analysing coin and market cycle
3- finally you should fixing your goals and strategy :
+ did you wanna collect the biggest amount that you can of bitcoin
+ or collect your profit by usd
But i give some information generally
1- your basic weapon here is your knowledge :
+ the basics concepts of blockchain ( that serve you to know if it is good project )
+ you should know the type of coin that you wanna trade on it ( pump coin ; holding coin ; scalping coin )
+ determination of the platform that you gonna use and the volume :
- platform especially for classical coin
- platform known by pump operations
- platform known by tokens and erc20
- platform especially for scalping or holding
+ you should know the orientation of markets and capitals and whales
2- your seconde weapon :
+ technical analysis
+ digital analysis
+ Psychoanalysis
+ fundamental analysis ( if there is a strong news ; They take precedence )
+ analysing coin and market cycle
3- finally you should fixing your goals and strategy :
+ did you wanna collect the biggest amount that you can of bitcoin
+ or collect your profit by usd
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
In my opinion, in order to be an efficient trader is to be more aware what's happening in the market. Making a decision is not an easy thing to do because no one can afford to lose money but the good news, that’s what makes someone a good trader because from every mistake you made in buy/sell, the wiser you become in the future. Learning how the market works is one of the best things in order to be informed and to be good in making a decision.Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Correct, what better things to do is. Study the market well, how the coins move and the trading goes. To be a successful trader, one must feel failing and mistakes first.
It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.
If nothing will happens and no one becomes successful with the trading do you think that trading in crypto will still exist? Of course not, a lot of traders has become successful but there are lot also who lost a lot of money. Strategies will really follow when you do have an experience already, but you can refer to those experts strategies.
Never base your decisions on mere feeling or instinct and most of all, luck. Always record your past trades so that you can keep track of the wrong ones and good ones.
It is true that, everyone wants to become a trader due to the trading profitability. Do you think you will be able to become a successful trader by trading? Of course, if you have the proper strategies, techniques, and methods to trade the market you will be able to succeed.
Thoughts on having a goal set for each coin you buy? Such as 25 percent and then sell?
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
efficient trading is that we not only buy 1 coin, but we buy various kinds of coin when the price is still cheap which means we can save or investment in altcoin in order to get a lot of profit.
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
efficient trading is that we not only buy 1 coin, but we buy various kinds of coin when the price is still cheap which means we can save or investment in altcoin in order to get a lot of profit.
To trade efficiently we need to study carefully the market, the chart, and especially to choose the right coins to buy and trade, which have the most promising potential. Otherwise without this steps the risk of losing is very high, and we can waste our money instead earning.
Collect all the required data and find some good and successful traders and get some important information and knowledge about trading and then start trading otherwise you may waste your time. Trading is not too difficult. There are many traders who trade efficiently and they are making a lot of money with their trading. So it is better to be experienced before starting trade business. Then you will be an efficient trader.I agree, to be an efficient tradernyou need to experienced it first, though it normal that its is very difficult from start but afterwards you will be efficient enough having more profits in the future. Based on my experienced, yeah its very difficult having many numbers and charts on your screen which you need to study all of that. Research and study all the possible value which could be profitable in the future. If you feel that its good amount even if still pumping its value well , its up to you as long as its profitable because we may never know it, that the value you wishing for will takes time to happened again, so trade it before its too late.
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To trade efficiently we need to study carefully the market, the chart, and especially to choose the right coins to buy and trade, which have the most promising potential. Otherwise without this steps the risk of losing is very high, and we can waste our money instead earning.
Collect all the required data and find some good and successful traders and get some important information and knowledge about trading and then start trading otherwise you may waste your time. Trading is not too difficult. There are many traders who trade efficiently and they are making a lot of money with their trading. So it is better to be experienced before starting trade business. Then you will be an efficient trader. Put your trading with some attention, as below:
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
Good tips. I find it hard to not stay mg coins in exchanges though. Too much fees and time consumption. I stay away from exchanges on coins that I planned to hold long term.
Put your trading with some attention, as below:
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
- Trading on coins which listed in 20 top at least
- Split your coins in separates exchanges for safety
- Do not keep coins longer in wallet exchanges, after you done trading, move it to your personal wallet
- Buy when signal up coming, this usually happen after correction time
- Sell your coins with your decision only, not following panic selling because it will stuck your withdraw
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
In my opinion, in order to be an efficient trader is to be more aware what's happening in the market. Making a decision is not an easy thing to do because no one can afford to lose money but the good news, that’s what makes someone a good trader because from every mistake you made in buy/sell, the wiser you become in the future. Learning how the market works is one of the best things in order to be informed and to be good in making a decision.Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Correct, what better things to do is. Study the market well, how the coins move and the trading goes. To be a successful trader, one must feel failing and mistakes first.
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
In my opinion, in order to be an efficient trader is to be more aware what's happening in the market. Making a decision is not an easy thing to do because no one can afford to lose money but the good news, that’s what makes someone a good trader because from every mistake you made in buy/sell, the wiser you become in the future. Learning how the market works is one of the best things in order to be informed and to be good in making a decision. Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
i think the best way that any trader did will be the market value of the specific altcoin and after that they put their income and funds in a number of alt coins because if the price affect one coin the other will bear the loss of value for the whole trading policy there are so many ways through which any one can start trading is the knowledge of the bitcoin and altcoin.
I know that it varies from people to people and their strategies but there must be some important and basic points which people tend to forget all the time .
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
Of course I don't want you to reveal your trading strategy but some good tips that would really help me out.
First of all, leave day trading to the bots! Go for longer term trades on recently heavily dumped coins. Don't diversify too much, and don't buy small amounts of a lot of coin. You will end up only with scraps. Concentrate on few well researched coins instead. Hunt down coins with solid, new technology and buy the dips.
And stay away from pump groups. The good ones are closed clubs with rather high buy-in price.
Dont buy small amount in many coin? It can make our trading more risky. Put the ball in many basket is better i think to reduce the risk of trading.
In this case, you can reduce the risk and also you can reduce the chance to get high profit.
Now decision is yours. Want to get small profit with small risk or the other turn.
Or you can lessen the way you diversify. Lets say put in 2-4 coins that you really believe in. This way you can closely monitor prices and easily gain on the ups and downs of that market.
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