So you need to adapt what is applicable to each project as you can't apply the same strategy for all alts. There's no perfect strategy in this market as you are just basing your actions on what you are seeing and observing.
Yep, that's exactly my point. Each trader doesn't use a single strategy, they usually adopt the strategy along with the change in crypto market trend or the characteristics of the price movement of a crypto coin. These two factors may determine what strategy is more effective to be used. Before deciding what a proper strategy to apply/use, a trader probably does his own research/analysis. I am sure most of us have done it many times, which means already know varied strategies in trading.
Topic: Millennial trading formula (Read 313 times)
Trading skills is just as same as the software world one need to constantly update your skills to meet up current demands and as that one need to keep developing new analysis and technique.
Cryptocurrency trading is a daily evolving activity that requires constant updates.
Cryptocurrency trading is a daily evolving activity that requires constant updates.
Crypto Analyzer on youtube is trash, that solely makes content for sponsorships. TA is fake, and the rich market makers and VC's, along with the Federal Reserve, drive the market.
Cryptocurrency price is not traceable. Its depend on News and whales own system.
Cryptocurrency price is not traceable. Its depend on News and whales own system.
Most of crypto youtuber are paid by the project's owner so they were not having a transparent review about the projects but i prefer to watch altcoin daily review giving a live review about any altcoins on the market which will have potential to rise. Sometimes i watched the crypto experts doing live tradings, that's more informative and giving us insight rather than watch the crypto project promoters.
Crypto Analyzer on youtube is trash, that solely makes content for sponsorships. TA is fake, and the rich market makers and VC's, along with the Federal Reserve, drive the market.
Cryptocurrency price is not traceable. Its depend on News and whales own system.
Cryptocurrency price is not traceable. Its depend on News and whales own system.
Trading for now will be an existing process that everyone is continuously following, but the recent market was down and we can't expect any further moves that create a great outcome. We should be keen to our decisions in order to survive and take future gains, and never give up unless developments of our coin will stop. If you see community kepts active, trading has no formula on that if you're doing it long term.
So you need to adapt what is applicable to each project as you can't apply the same strategy for all alts. There's no perfect strategy in this market as you are just basing your actions on what you are seeing and observing.
Yep, that's exactly my point. Each trader doesn't use a single strategy, they usually adopt the strategy along with the change in crypto market trend or the characteristics of the price movement of a crypto coin. These two factors may determine what strategy is more effective to be used. Before deciding what a proper strategy to apply/use, a trader probably does his own research/analysis. I am sure most of us have done it many times, which means already know varied strategies in trading.Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment
More technical? Did people not use a specific trading technique previously? I think there is nothing different with the previous trading but traders may use varied ways in trading. As far as I know, each trader won't use the same way or a fixed technique (strategy). So, it is normal if they have a new technique (strategy) since they must adapt to the current situation of crypto market. By the way, what do you mean by "formula"? Do you mean strategy? Sure, the trading strategy will be always developing, it can be changed along with the change in crypto market. Also, a trader may try to use a different strategy if they think their current strategy is no longer effective.
The trading strategy deviates from one coin to another because they have different performances in the market. Also, their development progress also differs from each other. So you need to adapt what is applicable to each project as you can't apply the same strategy for all alts. There's no perfect strategy in this market as you are just basing your actions on what you are seeing and observing. There are still underlying factors that traders are not well-aware of. Like we don't know if the team will rug pull or not, or they will resort to pump and dump. So there's really no defined formula in this trading market. It varies from one platform to another.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment
More technical? Did people not use a specific trading technique previously? I think there is nothing different with the previous trading but traders may use varied ways in trading. As far as I know, each trader won't use the same way or a fixed technique (strategy). So, it is normal if they have a new technique (strategy) since they must adapt to the current situation of crypto market. By the way, what do you mean by "formula"? Do you mean strategy? Sure, the trading strategy will be always developing, it can be changed along with the change in crypto market. Also, a trader may try to use a different strategy if they think their current strategy is no longer effective.
I don't think that things have really changed that much. I'm not a super technical guy, but I used many of the same indicators in crypto as I used to in forex.. things like Fibinacci levels, bollinger bands, moving averages..etc. I find that most of these indicators are still pretty darn good it's just the market is much more volatile..
And you are not mistaken, the same indicators work in any market, the difference is as you state the volatility of the markets, this is why in this market a money management strategy is even more important than in other markets, in the forex market things move slowly so even if our money management strategy is not the best you can still make profits as the volatility is lower, however in this market that very same weak money management strategy could make you lose a lot of money as the volatility is extreme, and if you are using leverage the effects are even worse. 
I think what OP means about things changed is not the trading itself like the technical analysis, maybe about pairs/platform he/she is using. But the method for me is still the same as how you analyze things.
Or maybe they also telling about the different bots that are spreading right now, where this bots will trade for you based on configuration you set.
Or maybe they also telling about the different bots that are spreading right now, where this bots will trade for you based on configuration you set.
Although the technologies are growing, the trading process is not changing, you buy at the bottom you merge at the very top, there are of course many strategies offered by "traders" in telegram channels, but the concept of trading on the stock exchange is the same.
That is the basic method to trade for all traders who wants to make a profit in trading. But many lessons that we should learn related to trading if we're going to improve our skills in trading. But I do not follow the strategies offered by "traders" in telegram channels but prefer to search by myself to find the methods that work for me. If we want to survive in trading, we must not stop learning and always try to search from many sources because that will help us get more knowledge about trading.
Although the technologies are growing, the trading process is not changing, you buy at the bottom you merge at the very top, there are of course many strategies offered by "traders" in telegram channels, but the concept of trading on the stock exchange is the same.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
I agree that crypto exchanges are making lots of improvements to provide latest and advanced trading tools to its customers to facilitate and to make sure convenient and pleasant experiences (still being profitable is up to trader's skills). This leads more complex market conditions still basics of our technical analysis are same (but might require minor enhancements), so you may try in demo account with same strategies to figure out what/where you need to fixwhat are the most updated guide for newbies that have been out of trading for some time now.
There are few trading strategies which are based on multiple old strategies hence in my opinion, we do not need them as we could ourselves combine multiple strategies to have accurate signals. 
The technical analysis and the market doesn't change anything I don't think there is a new formula about trading, technical analysis is still technical analysis nothing changes probably there are new strategies or ways to analyze the market but nothing change in learning technical analysis you will still need to know the basics and foundation of the technical analysis.
I think exchanges bringing up new features is just for the sake of convenience. There is no new trading formula at all and it’s no different to 2018 or anything like that, the key is still buy low sell high because it will be unchanged.
I also think that the strategy in maybe 2018 still relevant until this day the trading market isn’t changing just because an exchange have a feature that’s like trading bot.
Even right now I think there is more and more traders that uses text book guide like making buy or sell order based on text book analyzation and it’s because there are many big exchanges that upgraded their chart to include text book pattern signal for trading and making it easier for newbie traders to read the chart but remember that think about TA will not make you easy to predict the market. Remember that fundamental was also playing a very big impact when you're wanna predicting the market.
I also think that the strategy in maybe 2018 still relevant until this day the trading market isn’t changing just because an exchange have a feature that’s like trading bot.
Even right now I think there is more and more traders that uses text book guide like making buy or sell order based on text book analyzation and it’s because there are many big exchanges that upgraded their chart to include text book pattern signal for trading and making it easier for newbie traders to read the chart but remember that think about TA will not make you easy to predict the market. Remember that fundamental was also playing a very big impact when you're wanna predicting the market.
Crypto trading is getting more and more technical as the days goy, and the formula that worked back then in 2018 is no longer accurate at this moment 2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
using the past year indicator is good but in crypto it's not accurate anymore. if you continue to use the 2018 indicators when trading this year, you will lose big. keep an eye on and do indicator analysis as usual and if necessary just follow a trusted signal group because you might be able to avoid losses. So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
I don't think there's a new formula for beginners these days because the market flow is still the same except for more adoptions and investors that came in. I think the strategy still depends on every individual's choice and there's no specific technique being applied to Millenials or the younger generation. The strategies that we used to know are still applicable these days.
That is right, the strategy is still the same. But you have to understand each coin that you want to invest with. They have different performances in the market. Because it depends on their current stage of their development. Also, you have to understand that their market movement depends on the activities of the project. You have to look out for possible pump and dump scenario as well. Because most coins are being abandoned once the team got a hold of their funds.
I guess the inability of the previous formula to deliver has made the trading market a highly volatile one as a lot of coins did 80x price increases and suddenly crashed which will result in losses for the holders of those coins.
I think we should focus on more development as the market keep growing we also learn to roll with the market to keep cashing in on the trend if not if you have a hold of a coin too much longer than you can bear the is you end up losing but if you cash in on the rush price hours of the market you can profit a lot take Hex coin for example.
I think we should focus on more development as the market keep growing we also learn to roll with the market to keep cashing in on the trend if not if you have a hold of a coin too much longer than you can bear the is you end up losing but if you cash in on the rush price hours of the market you can profit a lot take Hex coin for example.
I don't think there's a new formula for beginners these days because the market flow is still the same except for more adoptions and investors that came in. I think the strategy still depends on every individual's choice and there's no specific technique being applied to Millenials or the younger generation. The strategies that we used to know are still applicable these days.
...So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.
Large capital has entered the market, which did not exist in 2018 and which currently will not allow other market players to devalue their investments. For this reason, institutional investors will protect their positions by buying off excess supply and thereby preventing the price from falling below their average position. Under these conditions, you have to adapt to the tactics of big capital in order to move in the same direction with them.
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