Topic: How to trade wisely - page 15. (Read 3306 times)

Always remember, the main thing of trading is always be careful of yourself, because before we get to know ourselves, it will make big losses. Basically human wants to get rich instantly, that is what we should be aware of. For point's trading r already given by master trading. They r all right with their posts.

Asking people for some advise isnt really bad but you should not come to a point on where you do always copy on what are the things he was trying to say.Agreed, that we do have different way on how to trade.It might work on them but wont work on you therefore our experience and knowledge will really make strategy on our own as long we are profitable then its considered to be a good one.

If you want to be a good trader, you have to jump in and understand yourself about trading and market conditions because with experience you will more quickly understand how to transact properly and correctly. but I suggest you do it with little capital so as not to suffer huge losses. Since everyone has a different strategy in trading, you'll never be a reliable trader if you're just asking people for advice

The DCA capital is the wisest trade and you must go for it.

Trade is not for beginners, before you start a trade you should read a lot in this forum about trade. Because if you dabble, you will lose your money. Trade is high risk

Just like we need to learn swimming before we jump into the water, same holds true for crypto trading. You can' t learn it by asking people until you do it yourself.
One advice from my side is not to jump with huge capital rather come with some capital. As its famous saying, "invest only what you can afford to lose"

It is never worth waiting for additional growth or a fall, if the forecast does not convincingly say this, it is better to be safe and stop on time or to enter the existing conditions without waiting for the ideal option.

It is hard to describe the exact process that is wise to trade with cryptocurrencies on the market. You will learn the most from your own experience and get information from various contributions.
You have multiple ways of trading whether it's wise to show time. Either buy coins and keep them in your wallet for a long time - long-term investment. Also, invest in more coins of smaller amounts to reduce your risk.
Invest only what you will not miss in case of a big price drop. At least i am the advocate of this journey.

just make your research, no one will teach you to became an expert except yourself... just invest little amount of money then make a trading in one of the known platform exchanges today. you can start at binance, there nothing to worry about verifying your account... you can still withdraw 2 BTC a day.. best of luck buddy!

For smart trading, you have to know trade well before anything else. In this regard, you should read the books of those who have succeeded. You need to develop a strategy for yourself. and you must be patient before anything else.

Thnak you for the tips and advice guys,, i work on it..

No one can tell you more than you actually do. Only by accumulating experience can you succeed. You must experience setbacks to gain experience.

Well... There is a huge potential to make money in trading in BTC, but it takes a level of expertise and knowledge about the market in the same way that trading on any other financial market does. Good decision making can give you best result. Be patient always and open minded in trading. Do more research and expand your mind on trading. You should understand various tactics involved and the risks involved with various types of trading styles. Inorder to gain more profit and to be a winner, to key is to anticipate the price movements of the commodity.

First learn how to be patient. How to kill your emotions. Then look for a good coach to guide you. Crypto requires knowledge else you might end up losing all. Just know crypto is volatile, you can make profit today and lose tomorrow. So get a good coach and get started. Goodluck

Trading is such a deep and complex activity that is impossible to describe in a few words and to help you, get a few books and read them and not only that put in practice what appears in them, if you do that you could become a decent trader in a matter of months the problem is that almost no one wants to do the effort and that is why most newbies lose their money when they trade.

don't feel panic when market are running in red and mostly fud news attack are quite common on cryptocurrency nt to get panic at those times market will recover soon once fud news got settled

This is very good suggestion but every person has their own and you should look for your own preference for your portofolio and become wiser.
For me, above is good to use as big factor to trade wisely and i add small addition, that is we should invest how much you can afford.

If you are a beginner, then it's better not to regret money on subscriptions to private chats where experienced people communicate, or to signals from professionals, otherwise you are very much at risk with your deposits and your nerves. It is very difficult to deal with trade independently.

The best way for trading is always update the news of crypto and understand about the behavior of the super traders. If you are newbie in trading, please study a lot before trad with real token. It's not easy, you can loose a lot before understand anything. Goodluck to you

I have two opinion about this question

1)   In the first place, you should know the essentials of contributing, you ought to have basics to start with, during this season of age, you can without much of a stretch find it in the web and it will be straightforward, particularly in the event that you are before you screen, the following thing is specialized investigation, this one is significantly more harder than the past one since you will read graphs, once you as of now comprehend the two, do contributing for genuine with you information, at that point following a couple of months you will pick up expereince and as you go further, your abilities as a financial specialist will be created, at that point you will nedd to adjust to the development of the market, you ledge require a decent state of mind with regards to this one, since there are times when there will be buildup and FUDs, it is smarter to keep your cool and ensure that you are centered around your objective.

2)    I'm not a specialist merchant but rather I increase some on exchanging. I as a rule target 10%-20% benefit for every exchange. At that point watch dynamic exchanges. Run with it. I don't run off with alts on my adjust. Its dependably bitcoin. In case you're willing to go on enormous benefits then you should have a go at purchasing on the plunge. Purchase obviously alts that merit keeping. At that point sit tight a couple of months for their incentive to ascend at 100% benefit. Yet, you require capital there because your cash lays down with your alts.