Make profit in Crypto Trading as a newbie. Dream or reality ?

mdzahed134

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Quote from: kevindjunaidi on May 19, 2023, 10:40:07 PM

Quote from: Husires on May 19, 2023, 10:08:31 PM

As a beginner, you should consider long-term trading and strategies that do not focus on making a profit in the short term.

I think investing in the long and short term is all fine, it's just that my advice is if you want to invest in the long term, then it's better for you to invest in altcoin that are in the top 100 on coinmarketcap, because the risk is smaller and it's good to hold in the long term, but if you want to invest in the short term, then you better invest in hype altcoin, because the price will definitely increase very high and give you profit, it's just that you can't be greedy and don't forget to take profit, because investing in altcoin that are currently hype has a big risk (the price can dump quickly if the hype is gone or finished).

If you will research with top 100 ranking coins then definitely you will notice so many coins looks shitcoins, those aren’t promising for the long or short term investment. In top 100, a few meme coins also lots of old project like EOS which will never give you profit. Ranking is set by diluted market cap, so that many worthless coins position in the top ranking.

isaac_clarke22

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Quote from: Jackl87 on May 24, 2023, 08:35:44 AM

Well your article is basically just a shill post for Tycoon Signals and of course that article is also including your Referral link for that platform so you just wrote that article and created this thread here only because you want to generate clicks on your Ref-Link, but of course you already know that. To add a little to the general question.
Of course it is possible to make a profit with crypto trading even if you are a newbie. The safest way to achieve that would be to just buy the big projects from the top 30 or so like Bitcoin, Ethereum, BNB, Cosmos or whatever. Then if you are patient enough to hold for a few months or longer, then you should definitely have the possibility to sell with a profit.

Same thoughts actually. I thought that this would turn out to be somehow new in my eyes but I guess set my bars too high. This is why I never clicked any Medium link without even citing at least a content from the article itself. Kinda cheap way of getting clicks if you would ask me.

For the sake of discussion, before I had done copy trading and somehow it quite backfired on me especially when I was like just watching Youtube videos in learning day trading, followed every single detail of the one that discusses the tutorial and what happened afterwards? It all went to losses.

Jackl87

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Quote from: pverin31 on May 19, 2023, 07:11:37 PM

Any comment on my article would be appreciated :
https://medium.com/@verinp/make-profit-in-crypto-trading-as-a-newbie-dream-or-reality-8ce64f7fe911
What do you think ?
What’s your investment strategy and winner tips ?

Well your article is basically just a shill post for Tycoon Signals and of course that article is also including your Referral link for that platform so you just wrote that article and created this thread here only because you want to generate clicks on your Ref-Link, but of course you already know that. To add a little to the general question.
Of course it is possible to make a profit with crypto trading even if you are a newbie. The safest way to achieve that would be to just buy the big projects from the top 30 or so like Bitcoin, Ethereum, BNB, Cosmos or whatever. Then if you are patient enough to hold for a few months or longer, then you should definitely have the possibility to sell with a profit.

maydna

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Quote from: pverin31 on May 23, 2023, 05:23:20 PM

Yes I agreed with you that as a beginner, it's better to focus on a single coin to learn about that approach and then add coins gradually once some experience has been acquired

Not focusing on one coin but focusing on market analysis lessons. If you can learn it, you will have no problem analyzing any coin because they all use the same analysis. And if you have managed to learn about the analysis, you can try to analyze some coins to trade. You can start earning, which is the effort to make dreams come true. And not many people have succeeded in learning to analyze so it is still wide open if you are serious about learning.

Freddie Boyer

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Quote from: lalabotax on May 23, 2023, 05:49:41 PM

In fact, nothing is impossible for anyone, including newbies, to earn income or profits from trading. However, they have to put in more effort to get it, not expect it to be easy.
One of them is by learning how to trade crypto starting from the basics, because after all, a professional trader was also a newbie. so, as long as you want to learn tricks and want to understand well how to do it and the strategy, then this will be a good basic. What's more, trading is not only a matter of having knowledge regarding market analysis and strategy, but also how to control yourself in it. This is also important, newbies are usually impatient when sudden market changes occur, and they usually have a bad level of emotional management. Therefore, it is important for anyone, especially newbies, to be able to control and control their emotions in trading regardless of the conditions.

And trading is complex, not easy actually, but not impossible to do. So, prepare yourself so that you are truly able to do it. If not, it would be better if you avoid it and just hold on.

This statement is absolutely true, let me quote “trading is not only a matter of having knowledge of market analysis and strategy, but also how to control yourself in it” Yes. The dominance of novice traders just spend time just looking at price charts even though it's important for monitoring. but, if I think trading is simple, place buy place then sell set and let the market work and come back in 4 hours or tomorrow. Trading road other activities completed.

lalabotax

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Quote from: pverin31 on May 19, 2023, 07:11:37 PM

https://medium.com/@verinp/make-profit-in-crypto-trading-as-a-newbie-dream-or-reality-8ce64f7fe911

What do you think ?
What’s your investment strategy and winner tips ?

In fact, nothing is impossible for anyone, including newbies, to earn income or profits from trading. However, they have to put in more effort to get it, not expect it to be easy.
One of them is by learning how to trade crypto starting from the basics, because after all, a professional trader was also a newbie. so, as long as you want to learn tricks and want to understand well how to do it and the strategy, then this will be a good basic. What's more, trading is not only a matter of having knowledge regarding market analysis and strategy, but also how to control yourself in it. This is also important, newbies are usually impatient when sudden market changes occur, and they usually have a bad level of emotional management. Therefore, it is important for anyone, especially newbies, to be able to control and control their emotions in trading regardless of the conditions.

And trading is complex, not easy actually, but not impossible to do. So, prepare yourself so that you are truly able to do it. If not, it would be better if you avoid it and just hold on.

pverin31

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Quote from: Wiwo on May 19, 2023, 07:17:25 PM

Quote from: pverin31 on May 19, 2023, 07:11:37 PM

Any comment on my article would be appreciated :

What do you think ?
What’s your investment strategy and winner tips ?

Best form of investment is to hodle and not freedy to wait until you gain 100x gain cryptocurrency trading or investment doesnt work that way, gou will have to be willing ro wait for a very long time until you get to your desired anticipated price before you take the profits and leave initial capitals.

This practice can be most effective to a newbie if he focuses on a single coin trading such as Bitcoin.

Yes I agreed with you that as a beginner, it's better to focus on a single coin to learn about that approach and then add coins gradually once some experience has been acquired

pverin31

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Hi many thanks for all your comments, I just saw them and will read them all carefully.
I really appreciate your time and recommandations.

TastyChillySauce00

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I guess that the article was about promoting the shitty tycoon signa. OP, your article was actually misleading people especially newbies here. I will give a very low rate for your article. There's no even need to comment in your article as your article has not real purpose other than gets like and view from here. If there was dislike button in medium and i would like to dislike it hundred of times.

The best strategy to trade is putting your cold money into the major coins and then wait and see until the bullish market will come in the future.

blockman

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Quote from: pverin31 on May 19, 2023, 07:11:37 PM

What do you think ?

There is a common denominator for most newbies and that's to earn instantly. And with the article that you've given it has said something that newbies should remember and that is about the copy trading. It's good that you're giving a warning to them because most newbies think it's a shortcut and easy strategy.

Quote from: pverin31 on May 19, 2023, 07:11:37 PM

What’s your investment strategy and winner tips ?

Don't be greedy and take profits.
That's more than enough for a reason and tip to be said for most newbies because when they can see that their portfolios have been increasing, they don't want to withdraw and take profits.

bittraffic

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OP is promoting futures trading signals from Tycoon. It can't be good to rely on trading signals for newbies to get into the futures market without much experience in spot. If they like to win in crypto, the long-term strategy will be the best by just hodling the coins from the winter season til the bull market. It's the way to do it or trade in the spot market to gain experience gradually.

carrie_white

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I think as a newbie who wants to invest in the crypto world, insight is the key in increasing the percentage of success in trading, do an in-depth analysis of the coin you want to buy, so you can minimize the risk in trading

wheelz1200

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Quote from: pverin31 on May 19, 2023, 07:11:37 PM

Any comment on my article would be appreciated :

https://medium.com/@verinp/make-profit-in-crypto-trading-as-a-newbie-dream-or-reality-8ce64f7fe911

What do you think ?
What’s your investment strategy and winner tips ?

Winning tips is to not buy high and sell.low lol. No honestly stick by Warren buffets advise, be greedy when people are fearful and be fearful when people are greedy. Meaning don't get caught up in buying crap at top dollar in a bull market you will end up left with the bag. Look into projects for yourself and don't take trading tips on coins from random people. Most likely they are trying to shill their bag. And use the theory of cost averaging, both up and down. It's a good risk aversion strategy.

uneng

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