Topic: How to trade wisely - page 16. (Read 3268 times)
First of all you have to be ready for risk if you want to trade, and to trade wisely, in my opinion, you should to learn analysing price dynamics. You can find some archives and try to predict prices and in this case you would know if you were right or wrong immediately
I found a person (he became my friend then 
) who is not bad in tradings and asked him to help me, I want so say that you can try to find a teacher and he/her will share his experiance (or sell it )
) who is not bad in tradings and asked him to help me, I want so say that you can try to find a teacher and he/her will share his experiance (or sell it ) i didnt know how to trade wisely im a beginner, can anyone help me
if to be honest, I'm also a newbie in cryptocurrencies and I constantly ask the same question. My opinion is that at the initial stage it is necessary either to cooperate with the ICO funds (they take %) or to invest only in coins belonging to the top 10 currencies by capitalization 
It's totally impossible the become a professional trader if you only ask people in this forum about it Smiley. You need to explore about trading, about the market yourself, you need to learn about trading if you want to earn money in trading. Everyone has to pay money for these knowledge and experience so I don't think they'll share it for you for free Smiley. Try to find out some courses to learn about trading skills, it's the best option for you atm.
if you ask, you're not a teller
if you ask, you're not a teller
I think there is only one way to learn how to trade wisely, and this way is practice, the more practice you have the more experience you gain and the more wisely you become)
Oh, I guess I know the way how to trade wisely, you should to learn information about market firstly then explore archives about currency with which you want to trade
IMO I think Trading Disscussion is the better place for this topic.
Trading is not difficult but to be able to earn money from trading is the big problem. You can't learn everything about trading in just a topic. You need a lot of time and so many other things like money or knowledge to be able to trade wisely.
Don't hope that any suggestion in this topic will help you.
Trading is not difficult but to be able to earn money from trading is the big problem. You can't learn everything about trading in just a topic. You need a lot of time and so many other things like money or knowledge to be able to trade wisely.
Don't hope that any suggestion in this topic will help you.
To trade wisely, one must be wise. To be wise you have to work hard on yourself, read, study, analyze thoughts and actions.
Trading is one of the most difficult things for me in crypto but thanks to that you are able to earn how to do it, everything is based on you and your decision so you could learn to trade wisely only by practise, try your luck and learn as much as you can.
First thing you need to take course, read books or watch youtube video how to trade in crypto .Apart from that my few points to trade can be 1. Dont chase hype 2. dont buy High 3. dont invest in one crypto invest in different crypto 4) invest what you can lose 5) dont be greedy set profit and take it out .
i didnt know how to trade wisely im a beginner, can anyone help me
Don't listen to your instincts, be rational. Always make research about the coin you will invest. Buy when it's cheap and know when to sell. 
i didnt know how to trade wisely im a beginner, can anyone help me
The most logical way to trade is to move fast, if you catch some news quickly, you trade it accordingly. The brokers usually go out with 2 phones, so rush= profit 
You need to understand many things before starting crypto trading
You aren't getting in the mature and healthy market but a decentralised and unregulated market. So, start with something you can afford to lose to know how this market works. Try to trade upon news instead of following trading gurus.
- Crypto market is high on volatility and low on liquidity and volume, such markets are always hard to trade.
- This market runs in a cycle. Bear and bull phase are the part of the cycle. You need to analyze them and make your entry and exit point carefully.
- Crypto market involves heavy involvement of trading bots which run over certain algos and can turn the trade anytime. The bulk holders control market movements with bots as they have a record of various stop-loss and sell/buy orders
You aren't getting in the mature and healthy market but a decentralised and unregulated market. So, start with something you can afford to lose to know how this market works. Try to trade upon news instead of following trading gurus.
Buy at rumors - sell at new is what they say.
But if you are quick, you can buy quickly at news, and sell at a higher price.
But what is really profitable, is if you buy really low, right at the support wall, then wait, patiently. It will pay off.
But if you are quick, you can buy quickly at news, and sell at a higher price.
But what is really profitable, is if you buy really low, right at the support wall, then wait, patiently. It will pay off.
Being a good trader, better to do more research inorder to gather information and ideas about trading system.
Trading is not easy for many. It is a business which involves a high probability of losses and financial risk. For a beginner, it is recommended that you should try to get depth knowledge of the stock market field. You should understand various tactics involved and the risks involved with various types of trading styles. The key is to anticipate the price movements of the commodity in order to gain profit and to be a winner.
Trading is not easy for many. It is a business which involves a high probability of losses and financial risk. For a beginner, it is recommended that you should try to get depth knowledge of the stock market field. You should understand various tactics involved and the risks involved with various types of trading styles. The key is to anticipate the price movements of the commodity in order to gain profit and to be a winner.
The main thing is always to diversify your risks. And do not risk all at once despite the emotions
No, it is impossible to know in front of where the price will go, what you can do, best to wait until the price drops as low as possible and put on average life 2 3 4 months or a year to distribute 7 10 altcoins
i didnt know how to trade wisely im a beginner, can anyone help me
The rules are very simple. Buy on the lower levels, sell on the top and never buy at the peak! These three simple rules will help you make good money.
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 are already given by master trading. They are all right with their posts.
You have to look into this stuff for yourself and acquire your own strategy over time. Look at charts with different pairs and start studying the markets and looking at fundamental analysis and technical also. There are different types of trading too so have a look into the different ways to trade and what you can trade and where. Keep up with political, social and economical impacting news and observe how this affects what assets you might be looking into. this could be a good place to start
Yes I agree that keeping an eye on the news at all times will be a great way because any news could affect the price movement of a coin. Analysis does require an intelligence in doing various data processing, it takes a long time but with various considerations then we can make the best decision. believe that trading is a job that requires intelligence, to me that luck does not apply to trading.
News is a big thing in cryptomarket and I think you must consider everything when you do trading simply because of high volatility that can affect the market easily. Don't depend on luck simply because it will not help you to achieve your goal better to focus on it and enjoy bigger profit on time.
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