Topic: Is sharing insights the key to better trading? (Read 688 times)

Perhaps, listening and hearing insights from experienced traders helps us improve and gain more ideas in return but it doesn't mean that we could be like them. I said NO and why? Because we all have different opinions in making a decision and an evaluation in a particular situation making you and me have different results. This is the fact that we can't change which is why not all traders become successful even though we follow the same person and the same strategies still, it results differently.

Of course, there is a big changes as we learn more and bigger chances to earn more but yes, it generally depends on a trader and how they manage themselves, especially in dealing with their emotions.

Absolutely, sharing knowledge can definitely improve your trading progress. You can access a wide range of experiences by connecting with others and that in turn can help you refine your approach and decisions. My strategy for example leverages a Human-in-the-loop AI system, that focuses on asset rebalancing to improve our returns. My strategy isn't simple holding, but actively adjusting my portfolio to match market movements. Thats My strategy at least.
If you would like to discuss this further, you can contact me via my Discord: https://discord.gg/dCvaBZWNcG

That's great actually! Sharing your knowledge and earning at the same time, I agree with your statement that sometimes you'll learn a lot and have a better understanding on getting a position in trading, sometimes it's not bad to hear other people's insight as you might give you more information and might expand your perspective regarding the market but sometimes you'll encounter useless information and insight but no matter what, you'll still get more ideas in the community that's why there's also a good way to share your strategy and insight and also let them criticize (constructive criticism) your idea.

It is important to know how reliable is the source or just nonsense. Yes, there is no other person to decide other than us and there is no other person to say this is right or wrong but just ourselves. That is why we don't have to dive into something that we never clearly knew it instead, have time to evaluate and reconsider if that is worth it.

There is no other way to make better and improved but just ourselves. We can be better, better than others if we never stop learning. We just think that we can listen to others' advice but not all are effective, that still depends on our trading style.

I agree with you that having a good strategy is very important in trading. Without we are not going to make consistently positive returns if we don't have a strategy that we can rely upon. The opposite would be if we make gut decisions every time we enter or close a trade. This might lead to a few lucky trade, but is never going to make us long term returns. The big question is how we develop our strategy and if we should share it publicly. When it comes to sharing trading ideas online and discussing them with other traders, I think it's a good idea. Nobody knows everything and when exchanging our ideas with others we can get new insights that we might have missed otherwise. However, sharing our full strategies online seems a bit much for me. Maybe I am too secretive and feel like other people could take advantage of me, but when sharing a fully working strategy for free it could hurt me. The first issue would be that other people will copy that strategy and take away profit from the market. In case our strategy is time sensitive and uses market inefficiencies to make a profit, then more traders trying to do the same trade will reduce the inefficiency. Financial markets are very dynamic and a trading strategy is not going to be profitable for ever. So, it’s good to exchange ideas and information with others, but somethings should be left for our own use only.    

Not really, or maybe it is. We really can't decide who is sharing it and what is the insight, without knowing that we can't really make a decision. It is clear that there are many people with too many insights these days. Not all of them are good, we need to make sure that we are going to end up with something cool. At the end of the day we can't really make it work without making bigger strides.

I hope that people could see it getting better, and we need to make sure that we are going to end up with something that would help people profit better. If the person is smart and a good trader, and if the insight is a good one, then it could help not only themselves but also something that would benefit the whole world.

It is very important to adopt the strategy of trading in the same way as it is necessary to acquire knowledge in trading. Of course, in the field of trading, you have to acquire enough knowledge, after gaining knowledge, you have to check the market and make a long-term plan for trading. Many times we get impatient in trading, if we get impatient in trading then we can't do anything good in trading. Patience in trading is very important thing. Many times it is seen that we lose patience in trading without realizing it, so trading patience is a very important thing.

That is how you stay fresh, if you learn something at one point and never improve yourself ever again, you are going to end up losing money and that doesn't make sense at all. However, if you are talking about making money from trading, then you should keep on improving and getting better as well, that's just the way you should be going.

I personally believe that the best thing to do in this case would be making sure that you are dealing with something that may make you some money, and in order for you to do that you need to find whatever it is that the highest new technology offers. Like for example if everyone starts to use AI to make more money, you can't just ignore it, that's not how it works, you still need to learn it.

In fact, even experts and old timers still continue acquiring knowledge, gaining ideas from other successful traders, and improving their skills because it is necessary. This means that it was an effective strategy to improve our trading performance. That is why we don't assume that we are knowledgeable already or think that we are good enough but rather think that we need to acquire new ideas and learn new things because the market movement has also changed. We did this because that is the thing we are supposed to do. Otherwise, we just limit our achievement which in fact, there is a way we can improve it more.

The knowledge you acquire from such community can help  in your trading skill, insight class should always be an interactive one whereby you get different knowledge and strategies to benefit, trading is not difficult but it has some deeper strategy and sometimes if you lack the idea and strategy that's when you find trading difficult, the ability to accumulate the knowledge and insights shared determines your progress, people who share different ideas about trade are just humans like everyone and they give their ideas and predictions willingly in discussions for newbies to learn and during such class newbies should also be interactive to learn fast

In general, I believe that exchanging experiences and knowledge in trading plays a crucial role in success. When traders discuss ideas and strategies, it helps everyone better understand the market and make more informed decisions. I also find valuable information on resources like Bitget Insights and Binance Feed, which not only educate but also reward for engagement. This approach allows not only learning but also earning, making the learning process more motivating and interesting.

Most people in this crypto community know that if we are new or if we want to become better traders, we must first know and learn the basics of trading. Let's learn to listen to and follow those who give good advice about trading honestly. Especially if it is for our own benefit in the future.

It's not easy to understand, that's true, but if we are determined to learn, nothing is impossible for us to understand it at the right time, that's for sure.

That is basically what this question is, it is not about me sharing with you, it's about me making a video and sharing it with hundreds of even thousands of people. This means that you do not have to take all of it as correct, but if you find even a small part of it as something that helps you out, then it would be quite well for you. I personally believe this without a doubt.

I think it's quite important that we get to do what we want to do and that ends up being the most important part. Just put out whatever you think, even if just a twitter account that very few people follows, put it out there, and if anyone can benefit from it then they can. Also, that's the part where you gift, there is also the part where you should look at what everyone is doing and get what you want out of it as well.

Sharing and learning from those insights, and eventually enhance trading skills is always a good thing in trading. You cannot share what you have not learned, and you cannot perform trading well without skills and experience in the market. Those who are in panic mode definitely do not understand the insights they have been receiving. They just trade without without proper comprehension and market analysis.

However, FOMOing is not new in the market most likely when others are shilling. But if you think you are FOMOing in good reason, and as long as you’ll trade for profits and not with losses, that will never cause a problem.

Trading is not all about knowledge but most importantly, having the skills and potentials to trade. Although gathering insights is still a must in trading but we all know not all knowledgeable traders end up being successful and profitable in trading. They should prioritized developing and enhancing their skills and strategies, and carry out these strategies with patience and positive outlook on trading. So that even if they will face consistent losses on their first trades, they will not decide resorting into quitting as real winners in trading never quits in the process.

In essence, when we have a community and we get various information indirectly, our insight and knowledge will increase, our financial literacy will also increase. Analysis is important and we need to get as detailed information as possible from various sources in the community so that we can compare other people's strategies with the strategies we have so that we can make the right decisions when trading.

So from the question from the thread Is sharing insight the key to success in trading? The answer is of course, because the more we know and learn, the more success in trading becomes real, because we have a comparison between other people's strategies and the strategies we have.

Totally depends on you whether you are really that welcoming others ideas and experience for you to check out and would be applying into yours, but there are ones who would really be loving on going solo and would really be learning things on their own and discover for themselves but for me then it would be always best that you should really be trying out to make use of others experiences too and their own analysis too.
You arent that being told or force to copy them or you would be applying it into yours or you would really be that free on whatever things that you do.

Better trading would really be always mattering on the results that you are making. Other factors would really be needing for you to consider out because if you do find yourself not to be
that someone whose really that versatile on things then you wont really be finding yourself that progressive on which this is something not that much preferred i would say.

Have you reason most people are called pro traders? Is not that they can tell the future of market movement and all that. Nah!!! They where ones newbie and they ones pass through this certain stage you passing now. The reason why most are being  classify as a pro trader is because of their principles in trading, like they always do proper research about a particular coin before trading it (most time those that focus in different varieties of coin) . And they know when to call it a day, most traders don't know that whenever they make some losses they always have this reckless drive in wanting to get that they have loss back with immediate act. Which may trigger them losing more, and also they are called pro because they know how to tackle their emotions and to manage risks to avoid them losing their funds during the process of trading. So with good practices and studying with some nice determination you can also be a pro trader.

People have different ways to earn could be self-thought with the use of the internet, or through the experience of other people. Its ideal for me to have a community of traders so in that point you can seek information what are the good coins to trade and their current status, also you can have a discussions with them about your different analyses and predictions of the market, by this you help each other through your knowledge and experience but still at the end its your trade so your decisions.

After getting an insight from a trading community that you're a part of, you don't have to follow the insight blindly without doing your verification if the insights being shared is accurate. Insight can give you an idea of what to look out for in the trading charts or the market when doing your own research. Insight aren't signals that all you have to do is to follow the trading direction without doing any further research. Insight should make you want to do further research and this kind of help you to become better at trading. Some traders don't know what to look out for when doing their research therefore as they constantly keep getting insight it'll help make them better at doing research and having a successful trade.

Actually, there are many ways that can be done in crypto trading and there are many tips that we can do so that the trading we do can be successful and successful.
Tips from me, never prioritize greed in crypto trading, trade in small amounts. for example, if you have $3000 in crypto assets, don't use it all and one more tip, don't ever think about getting a chance or luck in crypto trading, insight is important to overcome losses.

Other tips focus on one type of crypto only, for example: Bitcoin only, if you try to trade in several types of crypto, it will make you prone to losing, those are some of my crypto trading strategies/tips.

Trading is certainly risky and everyone see this fact. If I can not trust on myself, I can not trust others.

They can have good intention to help me but they themselves can make mistakes, incorrect thinking and wrongly predict the market. If I trust them, open my orders and positions, I will lose money and they will not pay me any compensation.

They don't have reasons and responsibility to pay compensation to me. I am responsible for my decisions and positions so I have to afford to loss or profit from my trading.

This is ok but not a way to a better trading, there are unreliable insights and you might get confused if you will follow it.

If you're just learning how to trading, this can be a big help but if you already have the knowledge about trading then better to do it on your own and have a winning strategy at your own timeline and risk level.

Trading is very risky, I don't rely to anyone because this is my own money and I'm responsible for this.

I think there are other users too who shill that exchange but they are way too obvious. I guess it's because their sentence are only short while this one here or every time the OP writes, isn't.

Even though it can also be considered as a shill but he is doing it carefully though I do not know if this is still not acceptable or not?

Anyways, on topic now, I am just wondering on why you said sharing insights can cause a panic to someone else? Is it like they are going to FOMO because the insights is too good? But, why not? As long as it's not hoax and then those listeners already have a good experience on how to use it, they will be just fine.

Sharing insights is always good and beneficial for everyone as one can reap benefits and use it as his own advantage in trading. But we should not solely rely to that, as one must seek his own knowledge and working strategies in trading so that he can maximize his profits and reduced his losses. No one get to consistently winning and making profits in trading as there are times we get trapped by this unpredictable market, but if we can be more proficient in reading market analysis and be more patient and goal-centered, we can always create successful trades more than losses in trading.

I agree with that, we will not lose anything if we share insight/knowledge with other people, in fact we will understand more about that knowledge, then the feedback we will receive will also make it possible for us to understand more about it so it is very likely that it will be enough. We will get many benefits if we share our insights with other people.
In trading, we actually have to have a community to share because alone we are not able to receive a lot of information or knowledge that will benefit us.

No one can actually say they became successful traders all alone without help directly or indirectly from other sources. Insights from reliable sources have been very useful to many traders who really know what they are doing. But, relying so much on insights is not good for the growth of any trader. Many traders fail because they blindly get help from just any source because they lack the knowledge to trade with high confidence without seeking validation from just any source. Insights are supposed to serve as reminders to use a certain strategy and not just as a working tool.

No matter how useful an insight is, every trader (especially newbies) should develop their skills and improve on themselves regularly by learning new ideas that can be used to form good strategies. It is very important for traders to gather lots of information so they can tell when an insight is useful or not.

It's the best that can happen if you can seriously learn and earn at the same time but in most cases it's almost impossible. In the learning phase you make a lot of mistakes and with mistakes you can't earn much profits.Failure are the biggest lessons that lead to profits and they come in the learning phase.

In trading you have to get the Insights some experts advice and then with a small investment you can start to experience the market then you come to see where you got wrong. first research and then slowly you get the experience and learning phase continues after some time you'll notice that most of the your investments will come out richer. The roadmap is simple learn failure and then earn of course with some exceptions.

But of course, no single individual knows it all. I believe in the power of sharing ideas. Anyone who holds down what they know and refuses to share with others remains behind. It's a simple logic which those doing it may not know. When we share ideas we also learn from those we think we're teaching. It's cross fertilization of ideas. I belong to several communities and I know what insights we've been sharing and how they've impacted my trading. Like my people would say, when several persons pee at a spot at the same time it generates foam which when done individually won't be possible. Have a trading plan or strategies but review that of others to know where you stand.

Yeah correct, fine tuning your own trading setup would be the most important thing for any trader in the world, and there is really nothing else that we can do about it, we have to end up being a lot better eventually about this and that would only be done by finding what works best for us. I know that it is not going to be easy to find our best method, because it takes months even maybe years to perfect it to our liking but that doesn't mean that we are going to be able to do it easily. So, we should definitely find a way to do it one way or another.

This is why I believe that we are going to end up with a much better trading if we could just learn from others and take parts of it to ourselves and combine everything together to make a mixture of it all.

For trading you can gain some knowledge from sharing but own skills are more essential. We all know that there are risks involved. If you do market analysis by yourself you will know the updated information along with the signals of the trade market making it easy to be profitable in trading. Not everyone has the same intelligence for trading. Other's tips can fail many times analyzing trading strategies by yourself is the right decision.

Yes, of course this really depends on a person's personality, but it will be very profitable if we can do this because we can find out whether the techniques we use for trading are good or not and we will also be able to find out how much knowledge we have. trading that we have mastered and will be able to increase our knowledge about trading from sharing these insights.

If we can join a trading community, of course we will be able to gain knowledge from other members and we can also share what we have mastered well in trading, of course this is very useful for ourselves and also our friends in the community.

Trading strategies and insights will always be helpful most particularly to novice traders. They need to see and hear it most often so that their motivation to trade and be successful on it will stay high. However, being a trader is not only concern with knowledge and development of skills and strategies, being patient and being in controlled of emotions also contribute a bigger outcome in trading. Without these, trading seems to end up like gambling wherein losses and mistakes will always be inevitable.

I think the OP was refering to this event https://www.bitget.com/insights/posts/171454 and tbh it's worth participating cos BGB seems to be among the top 3 exchange tokens that we could keep a close tab and it's also not not a wallet token but an exchange token.

I believe in terms of insight, you won't make more from it if you don't have the basic trading knowledge yourself, so it's imperative to develop your skills before looking for insight.. in this case, insight becomes more of a support not something to live by, to your other question, the the bitget exchange insight thingy is kinda new and rewards are distributed weekly from the research I made.. I shared a link earlier that I found that could be of help..

The answer is actually quite simple: the best strategy is worth nothing if you don't know how to implement it. Above all, trading requires very good risk management and very good self-control. In my opinion, the trading strategy itself even plays a subordinate role, but it definitely does not determine whether a trader is successful or not. If that were the case, bots would be unbeatable in trading - but they are not.

What's more, anyone can buy ready-made trading strategies on the internet. Clever salespeople even offer courses that make their customers "even more successful". In these courses, however, you quickly learn that it is not the trading strategy that decides whether you win or lose, but you yourself.

some certain things most of us don't understand in in this community this community is a knowledge transmitter and whosoever that is in this community will understand the procedures and the beginning of Bitcoin and other things that is to the community of Bitcoin so therefore it is admirable that if you pay attention in this community we will understand things that is unknown to us because the absence of this forum is to impact knowledge to one another.

So for you to understand what you don't know in this community is based on observation and the seriousness that is the only elementary condition that you can use to know what you don't know in this community especially trading strategies in which most of us who come to the community of bitcoin talk go into, when we read previous discussions in this forum, we will see the diagram in which previous people use to perfect their business in Trading so it is left for anyone who is interested or who is curious in Trading to understand techniques of trading through this forum before venturing into it fully.... in summary observation is the key to understand threading the research is the second option to understand trading

It may not be for everyone but I think it helps. Think of it like making your own trading style. It's about figuring out what works best for you like how much risk you're comfortable with, how much time you want to put in and what you want to achieve. Joining a community and using platforms is like getting tips from friends in the trading world. It's all about finding your groove and making trading work for you

I agree, that the shared trading strategies of many successful traders help you think how important it was. But the question is why some traders have never been successful even following experts or successful traders. Maybe you are right that it was the backbone of trading but so many factors affect the end result of our trades - emotions and behaviors. Perhaps, these things cause major losses for many traders and even those having deep knowledge of trading but if we have been influenced by our emotions and bad behaviors, we ain't go far but end shortly.

Before trading we should plan in advance how we will trade. There are usually several types of trading, we should choose which trading is safe for us and which type of trading we can comfortably do. Before planning what kind of trading to do, we need to be sure how much we understand about the business. Before doing any kind of trading we need to get enough knowledge about the business and after getting enough knowledge about the business we have to choose any trading medium based on our trading skills.  
For a new trader I would always say that you start your trading journey with spot trading first rather than taking up futures trading in the beginning. Starting your trading journey with spot trading will increase your trading skills which will help you in future trading.

I did a quick research about this and seems it's a new development that'll run through till March. I also found this, you can check it out https://www.bitget.com/insights/posts/171454

Bro, insights are definitely part of the learning journey, and there are lots of ways to earn free money, just like you said.
There's 'Learn to Earn', earning through following insights, and many other ways to get some tokens. Which I don't miss them since they can be more valuable in the future while holding the tokens.
And to be honest with you, I also always verify my information through Googling, Bing, sometimes even official crypto communities on Discord/Telegram.. It's not that hard for me if I have right friends and right communities. But thanks for your advice, cuz I also urge all to see this message that we all should not only rely on one source but multiple sources as more social media..

BGB is a native token of bitget exchange, just like similar to Binance's BNB token. You'll see there's lots of usecases in exchange native tokens, such as participating in launchpool, launchpad, discount in trading fees and many more mate

I did not know that there is a reward for browsing Bitget Insights and Binance Feed. If it is possible to earn money while you are browsing, this is good, but usually the return is very low, so I recommend to you the importance of developing yourself. I have not read any article on Bitget Insights, but the data from Binance Feed is very basic and is often after a change in the market, so as a trader it may not be of much use to you, but for those who want to analyze the news and use it in future predictions, it is useful.

I won't use others technical analysis to trade but I can compare their analysis with mine and learn to improve if my isn't better. Using others analysis can be  bad because you don't know if they're good at what they're doing. In a community we'll always have fakers that aren't good but just joining the community. I don't think community trading exits anymore as what I see everyday is channels sharing signals to their subscribers and not a group where traders can join to share strategy and improve each other. Sharing insight is a good way to trade because you can research and learn more but also being solo can help you too because when you do your analysis and it doesn't go as expected, you can know where the problem is coming from and learn to improve because it's your analysis.

While it’s a good idea to share and benefit from shared insights, it’s also a must to educate yourself first and make sure you’ve gained already the basics in trading. That way, even if you benefit ideas from the trading community, you can also make your own analysis at the end of the day. Learn from others trading ideas and strategies but have your own final touch, at least you can increase your chances of profiting from your trades.

You can call it "community trading," meaning you are trading based on what you have learned or what you have gained in the community you are in. In that community, many traders are sharing their analysis and insights into the market. From there, you can formulate or plat your technical analysis of the market or you can follow what other's TA are there. It is a very good way to learn in trading, especially if the community is lively and many people or traders are very accommodating with beginners in trading, and also if that community is healthy. Well, it's hard to find a community like that, but if you can find one, then take that opportunity to learn a lot and at the same time earn. If you can take advantage of that, then you could become an expert in terms of trading. You just need to absorb all the ideas and knowledge you can get from the community.

Joining a community and sharing insights there are good ways to improve our knowledge in trading. However, we must have the basic of trading knowledge first before we are sharing insights there. If we have lack of the basic of trading knowledge, sharing insights won't impact much. It is because we must be confused which one should implemented for our trading. When we are sharing insights, there must be too many suggestions or tips for trading. As a trader, we must understand that it is not a must to apply all the strategies in trading, just choose the strategies that fit with our trading style.

I did not know we could earn BGB the native token of Bitget by engaging in the insights, I actually don't wonder in insights sections of exchanges, I think not everything shared there is validated, as many scammers and manipulators will try to share some news that is only meant to spread FUD and create FOMO among users. That's why I used to say we should Do Our Own Research (DOOR) even if we want to engage in such sections, we should not forget to DOOR.

Self Analysis is what makes you more confident and if you are confident then you are good to go in trading mentally as well because trading might break one's mental health if done in the wrong way, therefore knowledge is what every trader needs before starting it, and knowledge will build confident and confident will make mental health more strong and make you more bearable.

PS: How much BGB you make by engaging in the insights of Bitget exchange? Can you disclose, I want to make an idea of how much it worth spending time there.

It's not the key but insight sharing or knowledge sharing is almost always a good thing no matter what job or craft it is, no man's an island right and that means that we can only build ourselves if we ask for help and answer the calls of those asking for help, it's a healthy cycle of human progression to share what you learn about something and others would take note of it, I mean look at this Trading Discussion board, if sharing wasn't an effective thing to help you trade better, there's not going to be a lot of people that are talking about their experiences here and sharing tips on trading.

Now that we've got the positives out of the way, it's important to remember that despite the abundance of information, it's still worth noting that there are people out there that's up to no good, generally sad and wants to get some other kind of feeling that will throw off the balance of information disseminated to other people, they're the ones that albeit difficult to avoid, would be easily thwarted by people that genuinely wants to help spread the knowledge to everyone.

It's said that two good heads are better than one, so it's good to belong to a community that shares the same passion and aims for the same goal, the members can share different strategies, see things from different perspectives, then in the end you'll have to make your own personal choice. Although it can be confusing if experienced mentors in the group sees a perticular strategy from different perspectives, but again it's left for the learners in the group to make research and let whatever strategy they apply in their trading to be their choice, because it's their money, and they'll personally bear the lose alone, if the trade goes against them.

Yep, trading strategy plays a key role in accessing the market effectively. It provides structure and framework for making informed trading decisions. Although I am not a regular or professional trader, I have had some experiences and learned lessons such as building discipline as well as adding many skills in terms of knowledge in the field of trading. I find that the crypto space is highly volatile and easily manipulated from news, so it's like a double edged sword between opportunity/risk, always be ready for any situation that may arise regardless of the outcome bad.

I also feel that capital management when trading is always very important, like it is easy to lose emotions when losing, making risky choices and then if there is no more capital to continue, it is a failed result.

If two things can be done at the same time, then it is good.  But I think you should learn trading first and then do e-trading.  Learning and doing trading at the same time seems to be a little difficult.  And if someone tells you when to invest and when to stop and you trade accordingly, I don't think you will learn anything on your own.  Not only is there market information, there is a lot to learn and a lot of risk to be aware of.  Still better if one can learn and do at the same time.

Let me keep it short and simple, Yes it's good to get something in return while learning and It's highly appreciated. Now lets talk about sharing insights or gaining insights as there are numerous channels through which you can get insights but you need to validate those insights before putting your money into that insight. Try learning from scratch like how to read charts and different kind of technical indicators as these will help you to know how trading works and then try checking the probability of win rates in the insights shared through different channels then you will be able to decide which one to pick but as long as you are good at understanding indicators you will be able to make big else it's just random info shared by anyone over internet by terming it as signals or insights.

For beginners (in any business, not just trading) there is always a good opportunity to learn and get motivation to study in the form of free money. But the main thing is knowledge that we can then apply in practice. You know that most trading knowledge is generally useless in practice. There are many myths and misinformation in trading. For example, many people believe in a master manipulator or that everyone in the market can make a profit. You need to check everything yourself. You'll likely find that very little of what you've learned works. On the other hand, even knowledge that turns out to be useless is important. After all, negative knowledge is also knowledge. And we also need to know the myths in trading, otherwise we will believe in all sorts of nonsense.

You are able to introduce that bitget thing everytime you discuss some topics. I'd applaud you for that because it doesn't seem that it is noticeable.

As for shared insights from the community, it does help an individual but also, it might cause a panic to someone who's just reading those insights.

If you can start learning before thinking of earning from the community, it will really change you positively in a way you will begin to see things you have never seen before in crypto trading, and it will position you to the right direction to always earn from the market. After sharing of insight, you need to research more personally to know which of the insight that will favour you in the future, because there are some traders that will not share their real tactics in public so that other traders will not have the same tactics with them. Both long term traders or short term traders they all need a good strategies to Carry out their operation to ensure they make it successful in the future which is the purpose of embracing potential strategies to trade your crypto.

A trader needs to master Psychology of market cycles to succeed in cryptocurrency market. You can learn about fundamentals, technical analyses but if you don't master Psychology of market cycles, you will be beaten by news and fuds. Psychology is most important for investors and traders and people lose money because they react emotionally in this market.

You will be overwhelmed with news, insights and feed. They are all bad 'food' for you because you will be affected more by reading more news. Your thinking will be affected and be more uncertain that I am sure will impact your trading activities.

If you are a trader, read the chart, use technical indicators and stick with these. Remember to use Stop loss order or Stop limit order to avoid worst things.

Maybe what the OP means by BGB is a token from the Bitget wallet. I don't know for sure whether Bitget provides free tokens to those who interact via Bitget Insights. but there seems to be someone sharing something like analysis or more on trading signals from fellow members.
again I don't know for sure if he got free tokens from his activity on the exchange or their wallet.

For me yes because by that you will know new and learn something new.
It will help you to get more knowledge. Continous learning and skill enhancement also.

Another thing is networking and collaboration where you can able to build your connections with other traders as there are multiple people who can share their insights too and knowledge.

Sharing insights is normal most particularly for experienced traders. But along with it, you also need to do your part by taking extensive research and studies so you will also grow on your own. Although sharing insights and experiences about trading is great since it can boost trading motivation for each other, but we have this saying in trading that trust no one but only yourself. Hence, you have to listen to other traders ideas and insights but make and follow your own analysis on the market. Know when to trade when you see visible profits and know when to delay trading.

There's a lot of advantage being a member of the community that's half people would discuss trading options, strategy and tips. It can help but it can also be confusing because of the many opinions that you can get from people when you ask a simple question or ask people to share their approach.

Having a few people who you exchange insight is necessary, It could be a mentor or a close friend even family who you are sure of their trading prowess. These people can help keep you going in times when you feel like quitting trading, or help point out mistakes and flaws in your strategy.

Indeed, insight will be good if you use the right analysis for trading, but if the person providing the insight looks professional, even if you use insight, don't use it 100%, still do your own research and when you are sure, you can take steps to set buy and cell set, your own research will give you knowledge and insight just for information

Whats BGB? Is this is some sort of subtle shill about it? Well I assume this isnt connected or related to your mentioned exxhanges. Trading is different from investment where you can earn on short period of time. Likewise most investment gets appreciated on the long term or if the price is extremely high already.

Using insights of public opinion is the most ridiculous idea not because the opinion you will get is bad rather you will just confused on who to follow especially if all of them provide supporting details for their opinion while the suggestion is opposite to each other.

It’s better to analyze on your own without relying to others because this way you always follow what you really want based on the strategy you are using. All traders have different strategies and indicators which means there’s always a time that each once has different opinions that will make you confused. Binance and Bitget feed is home of spammers and scammers that just posting for the sake of publicity. I doubt that you can get quality suggestions on that space since pro traders don’t have time to chitchat online.

A trader should first study the market as a trainee to understand ups and downs of the market, volatility of the market, pumps and dumps of the market, and he/she should gather as much information as possible by research about the coin/stock/currency he/she is going to trade.

Once someone's mind if fully alert and that trader understands the market fully then he/she should begin real time trading. Many people suggest demo trading at first but I'm highly against it, in demo trading we don't actually open positions with our own money and thus we are playing with virtual money only.

When we open positions with our own money then we get our emotions attached with those positions, and a demo trader will end up losing a lot when he opens positions with real money. After a fixed timeframe one learns a lot about a trading strategy if he/she gives proper time to trading. Once someone masters a strategy then that trader gets better and better overtime.

I simply suggest you to learn basic technical indicators at first and study charts at different timeframes. Try to observe the movements of the market. You should mainly focus on a single asset only, if you're into Bitcoin trading then focus on Bitcoin to USDT and nothing else. Read the charts while indicators are applied, you'll understand a lot about the asset and then you'll surely begin to execute some good trades.

If there's a way to learn and earn at the same time, of course it's good one since it's free money after all.
The idea of sharing insights is fine, as long as you are talking to someone who can give you the right information and not just to tell you what to buy. There's a risk here if you will just follow their suggestions or insights, to avoid being trap into any project its advisable to do your own research as well and with this, you can learn faster.

You know, trading strategies are the backbone of how any trader approaches the market. Whether you're into day trading or future trading, a good strategy gives you structure and a framework to make informed decisions.

Lately, I've been seeing the importance of community and shared knowledge around trading come up a lot. Sometimes the best insights come from discussing charts, setups, and market sentiment with other traders. Since I'm posting this, I'm sure you guys will have some tips to share that I can use to trade more wisely.

I also take some insights from Bitget Insights and Binance Feed. Besides being great resources, I've noticed I'm earning a bit of $BGB for checking things out and interacting on the former exchange's Insights. It's a nice way to get a little something back while I'm learning. Don't you think it's a cool way to learn and earn at the same time?