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Topic: Millennial trading formula (Read 350 times)

hero member
Activity: 2884
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I am terrible at Fantasy Football!!!
January 12, 2022, 02:33:35 PM
#51
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.

The problem with that approach is that you do not know what kind of behavior you will encounter when you invest in an altcoin, there are coins that skyrocket as soon as they enter an exchange while many others crash, there are other coins that never present any major movement while others are so volatile that predicting what comes next is impossible, this is why a more general approach is often the best, as it allows you to to simplify your strategy and to avoid second guessing yourself.
member
Activity: 504
Merit: 57
January 06, 2022, 07:08:13 AM
#50
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.
sr. member
Activity: 1148
Merit: 252
January 05, 2022, 11:33:16 PM
#49
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.

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.
hero member
Activity: 1498
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👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
January 05, 2022, 09:26:17 PM
#48
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.
sr. member
Activity: 952
Merit: 250
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
January 05, 2022, 06:57:16 PM
#47
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.
legendary
Activity: 2226
Merit: 1086
duelbits.com
January 05, 2022, 05:56:27 PM
#46
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.
sr. member
Activity: 1988
Merit: 275
January 04, 2022, 06:48:31 PM
#45
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.
legendary
Activity: 2226
Merit: 1086
duelbits.com
January 04, 2022, 06:40:33 PM
#44
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.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 04, 2022, 01:57:33 PM
#43
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.
legendary
Activity: 2506
Merit: 1394
January 04, 2022, 07:18:48 AM
#42
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.
hero member
Activity: 1610
Merit: 507
January 04, 2022, 03:39:57 AM
#41
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.
member
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Tontogether | Save Smart & Win Big
January 04, 2022, 03:24:52 AM
#40
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.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
January 04, 2022, 03:16:26 AM
#39
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 fix

what 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.
hero member
Activity: 1498
Merit: 506
January 03, 2022, 11:50:18 PM
#38
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.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
January 03, 2022, 06:18:22 PM
#37
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.
full member
Activity: 1890
Merit: 101
January 03, 2022, 03:04:58 PM
#36
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.
member
Activity: 1092
Merit: 67
January 02, 2022, 04:01:07 PM
#35
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.
full member
Activity: 854
Merit: 130
January 02, 2022, 12:40:07 PM
#34
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.
full member
Activity: 1708
Merit: 126
January 02, 2022, 10:30:19 AM
#33
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.
legendary
Activity: 2268
Merit: 1655
To the Moon
January 02, 2022, 08:27:11 AM
#32
...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.
jr. member
Activity: 152
Merit: 6
HODLer
December 31, 2021, 04:51:40 AM
#31
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..
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 27, 2021, 12:29:16 PM
#30
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person.
There are many people that do not like to use a stop loss but I think that is a huge mistake, after all we know that the volatility of the market is extreme and it is not rare for the market to suffer a drop of 10% in just a few hours, so those that are not using a stop loss are taking a huge risk, and there are even some traders which use leverage without a stop loss and this means that even a very small movement of the market is more than enough to wipe them out, and despite our warnings they keep doing this so sooner or later they will lose all their money due to the high risks they are taking.
legendary
Activity: 2044
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Leading Crypto Sports Betting & Casino Platform
December 20, 2021, 01:22:30 AM
#29
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.
Uuhm, I don’t think there are nay much changes. It’s still the same thing – technical analysis and fundamental still remains the same, nothing changes. All those trading strategies that you have known for long has also been the same strategies that are being used this day. The thing is that sometimes you have got to shuffle up a little bit or have patience when one strategy is not working out for you.

Trading is not something that you do with rush, you’ve got to be ready to have patience and also be ready to try different ways to see what would work in a particular state that you find the market. It’s still the same strategies, but we know that the strategy is neither one nor two, there are many of them. So you just got to figure out what is right at the moment and go for it.
member
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Trphy.io
December 19, 2021, 10:56:46 PM
#28
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person.
but if a person becomes a full day trader, then he can use cutloss, because there is often a lot of time to monitor the market. between cutloss and stoploss is very useful for cutting losses from a trader. if they don't use it then it's like trading in the style of investment, and the results are less than optimal, because there is no discipline from the analysis
sr. member
Activity: 1274
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December 19, 2021, 08:48:06 PM
#27
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Stop loss was a big help, a lot of people would have lost a lot of money if it weren't for the wonders of stop loss, I mean not everyone is always watching the market 24/7 so it's a good thing that we have that kind of feature so we can rest easy that we won't lose everything when we look the other way. I definitely agree that there's not much that has changed all this time when it comes to trading, it just looked different because people have different if not unique approach when it comes to trading that it's sometimes distinct to only one person.
legendary
Activity: 3122
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Leading Crypto Sports Betting & Casino Platform
December 19, 2021, 06:44:07 PM
#26
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times.
Yes, crypto trading does not require anything all new from you but you need to be doing what experienced traders are suggesting always. It is is all about performing in depth technical analysis which is more than enough for making profits regardless of whatever knowledge we are having about crypto trading and how long you are not into crypto trading.

Usually when we are getting back to crypto trading after some gap, it must be better if we start watching the market fluctuations for some days and then doing paper trading before getting into live action.

besides when you are talking about these various alts, definitely, they have their own market performance. so you only need to focus on your portfolio or to projects that you are interested with. because if you will check all the others, it will be a headache.
so each one of them have different strategies in the market, because they have their own pace in terms of development. also, you need to keep up with their social media updates, because that's where you will get a hint on what may happen to their market. don't trade blind. you need to know what's happening around the project. because you can easily lose your funds if you have no idea what's going on with the coin.
full member
Activity: 1134
Merit: 140
December 19, 2021, 03:38:05 PM
#25
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times.
Yes, crypto trading does not require anything all new from you but you need to be doing what experienced traders are suggesting always. It is is all about performing in depth technical analysis which is more than enough for making profits regardless of whatever knowledge we are having about crypto trading and how long you are not into crypto trading.

Usually when we are getting back to crypto trading after some gap, it must be better if we start watching the market fluctuations for some days and then doing paper trading before getting into live action.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
December 19, 2021, 01:12:29 PM
#24
what are the most updated guide for newbies that have been out of trading for some time now.
Seems like that you are overreacting; regardless of how long you have been staying away from crypto trading I believe nothing has changed significantly since you are not trading and you can start trading like before with your usual technical analysis which might be still profitable if you are doing them in right way.

better start developing your trading skills because that's the only way to have a workable trading formula for your trading portfolio
Instead of focusing on developing an all new trading strategy, I guess adopting an existing strategy and then fine-tuning it according to your trading habits might save you time and efforts. Plus, always have more than one strategy as back up plans may be needed at unexpected times.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 19, 2021, 01:07:26 PM
#23
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.
The volatility has gone down a little bit but if you had a good strategy before then there is no reason to think such a strategy is not going to keep working, now if your strategy was just to invest in an altcoin and hope that it did a 100x movement out of nowhere as many people did during the 2017 bull run then you may have a point, as this is way more difficult to achieve in this day and age, but even then such a thing was not something that you could do on command so I do not think anyone could have used that strategy to get sustained success.
full member
Activity: 854
Merit: 130
December 18, 2021, 10:26:41 AM
#22
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Same rules are with trading even on Forex and stock market, we all have a general indicators to be use in trading so I believe there’s no such Millennial guide since the old indicators are still the basis for trading analysis. When it comes to strategy, I believe it will depend on you and you should develop your own strategy. First learn the basic of trading, and know the importance of each indicators, you can have a good strategy because of this.
I learned trading indicators are not accurate and in most cases, there are no known trading indicators so if you are looking for that you better start developing your trading skills because that's the only way to have a workable trading formula for your trading portfolio
full member
Activity: 2086
Merit: 193
December 17, 2021, 04:38:48 PM
#21
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
Same rules are with trading even on Forex and stock market, we all have a general indicators to be use in trading so I believe there’s no such Millennial guide since the old indicators are still the basis for trading analysis. When it comes to strategy, I believe it will depend on you and you should develop your own strategy. First learn the basic of trading, and know the importance of each indicators, you can have good strategy because of this.
member
Activity: 518
Merit: 45
December 17, 2021, 08:43:19 AM
#20
The only thing that can change is the key features of exchange and the introduction of new features such as the now known stop lose features on some exchanges it was not there in the time past.
But nothing much has changed in trading it still has the old traditional way of doing it.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 17, 2021, 08:30:56 AM
#19
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.
Trend changes so the strategy does too. In 2018, it's much different from today but based on the perspective of the other after comparing that year's trend to this year.
The similarity is almost the same and that's with the ICOs = NFTs. The hype is the same for it and those that have said the same thing about ICOs, they're also seeing the drop of much with the NFTs. In ends with how you will adopt to the changes and trends but the most sure thing is about holding bitcoin.
hero member
Activity: 2114
Merit: 603
December 17, 2021, 08:16:35 AM
#18
Change is adaptive. You have to change the way you look at the things as the time is passing on. In case of crypto, everything is impossible to predict all the time with at most perfection. Moreover, we are not having normal times too. Not just you and me individually but the whole world is impacted with pandemic and it’s not just crypto trading but the share market is also hampered.

If you studied or were trading during pandemic then you must have realised that share market was crashing and suddenly going up like crazy and some stocks were off the roof.

So yeah, that time everything failed. Whether it was technical analysis or whether it was fundamental analysis. Everything is just messed up and will take hell lot of undefined time to go on track.
member
Activity: 700
Merit: 10
December 16, 2021, 11:42:25 PM
#17
A guide for beginners at this time is don't be in a hurry to immediately make money from trading cryptocurrencies, of course learning is a mandatory menu for success. but don't worry for beginners, I think long-term investment can be a solution to make money later
sr. member
Activity: 2016
Merit: 283
December 16, 2021, 10:44:04 PM
#16
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.
it still as is mate, i mean those old stuffs and techniques still working, in fact it becomes more easier nowadays than before because some exchanges platform provides some important information that can help you to make fundamental and to determined if the project if it's good to trade or not. There are some set ups as well that upgraded but there's no big difference from the old ones wherein they just put a twist in it so that everyone can easily understand how it really works.
full member
Activity: 550
Merit: 100
December 16, 2021, 05:55:41 PM
#15
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.
okay, I understand what it means if the formula in 2018 can't be applied in 2021?  Is that true ?  if you really mean like that I will give a little comment.  namely where the 2018 formula is indeed different because in 2021 there are many changes to the trading formula and we must follow the latest formula because the system also enters the latest system.  so it is not suitable if you have to use the 2018 formula in 2021.  I hope this helps
legendary
Activity: 2660
Merit: 1074
December 16, 2021, 03:21:06 PM
#14
when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.
That must be true. Professional traders are learning and testing new strategies more often but rarely do abandon their longer used strategies. It means they are slow on adopting new strategies because they will take more time to test and evaluate the effectiveness of one new strategy and once find a  strategy is useful then they will definitely stop using it as they keep on improving it by adding extra parameters and conditions to make it more effective for profitable decision making.

Professional traders are having different kind of habits while dealing about strategies and making use of it for decision making. We must need time and experience to slowly learn about those kind of habits.
full member
Activity: 546
Merit: 148
December 16, 2021, 02:50:11 PM
#13
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.

I have just one input for beginners, hold and focus, no matter how bad the condition of the market, it will always be good for everyone.
2018 was a year of bloody Market for everyone who have all hold their portfolio but later early 2020, Q1 particularly was a an Era of redemption for everyone who successfully hold even despite the critics around cryptocurrency lately.
The next halving is going to be a blast fot all, trust me.
legendary
Activity: 2086
Merit: 1058
December 16, 2021, 02:48:29 PM
#12
I am sure only minor part of strategies need enhancement over the time and the basics are always same and you could definitely stick with them even after 100 years from here.
Probably if we need a new trading strategy for year then definitely we will go run out of them because there are only very few effective trading strategies are available and most others are just supportive things hence you cannot use them for decision making.

Still, I am aware of the fact that trading strategies are getting old which means inefficient for profit making. But, when traders are finding their existing strategies are inefficient then they go fine-tuning it with respect to market's latest conditions but I am seeing really they are switching over to new strategy.
legendary
Activity: 1596
Merit: 1288
December 16, 2021, 01:19:06 PM
#11
Not changes, but an update of concepts:

  • In the past, you had to withdraw your money in the form of cash to be able to stable bitcoin price, an intermediate solution appeared, which is the stablecoins. USDT/USDC/BUSD
  • Currently, there is a problem with withdrawal fees, and therefore some networks have emerged that are a mediator between centralization and decentralization and second-tier solutions. BSC/MATIC
  • Increase the speed of trading and the ease of programming trading bots.
  • More p2p options. BISQ/LOCALCRYPTOS

Decentralized platforms have been emerged and addresses the fundamental problems of liquidity.
sr. member
Activity: 952
Merit: 281
December 16, 2021, 01:06:18 PM
#10
I don't think anything has changed for now about the trading itself taking about making analysis, entering the market and exit, indicators are still guide to traders and investors are still making money. Newbies need to understand that trading and making profit requires patience. Don't jump into every thing that looks like opportunity but analyse very well before the click.

Crypto trading is not as easy as it looks, even experienced traders find it difficult to handle the wild fire of crypto at times. If you are new to crypto trading then never jump with huge capital. First try to learn it by investing small capital or preferably doing paper trading. Success here is combination of patience along with knowledge.
legendary
Activity: 2464
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December 16, 2021, 12:58:37 PM
#9
the formula that worked back then in 2018 is no longer accurate at this moment
Could you please enlighten me about the formula/ strategy you are talking about. I am sure only minor part of strategies need enhancement over the time and the basics are always same and you could definitely stick with them even after 100 years from here.

2021 came with a lot of upgrades with many exchanges coming up with new features on the exchange.
You sound like you are living in an imaginary world. The upgrades and the advancement with respect to exchanges and trading features got nothing to do with your trading formula. Your technical analysis will be always valid but it might be needing smaller enhancement with respect to new level of market fluctuations. Go study and recollect your old strategies and then paper trade before getting into live market. I guess you will be all fine with your old strategies itself.
hero member
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December 16, 2021, 11:32:38 AM
#8
This year will be difficult to analyze since the market can go up and down many times without getting many signs for the coins. But I am still sure that if we can search for the other sign, we can still analyze even if that can not be accurate. We do not have to give up if we are making a mistake in the analysis because we need to keep learning about the analysis and I am sure that we can still get the chance to make a profit. The key is not to stop analyzing the market if we still want to profit.
hero member
Activity: 2702
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Nothing lasts forever
December 16, 2021, 10:48:11 AM
#7
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.

You are partially right. What worked back in 2017 might not work now and that's simply because the market has matured and new players have entered the market.
Since many new players have started trading based on charts technical analysis is getting more predictable.
Not that we can easily make out the next move but TA is helping us to get a probability of the next move.
I think as more players enter the market in future TA will become more predictable just like the stocks.
legendary
Activity: 1820
Merit: 1207
December 16, 2021, 09:47:57 AM
#6
Is there such gen x trading formula, gen y trading formula, gen z trading formula and so on? I don't think so. Scalping and trend from charts aren't accurate for your trading, some moment it may correct but in some moment too it's wrong.

Even you've mastered trading courses, you wouldn't always earn profit everyday... daily trading is very difficult and watching the price everyday isn't good. It could effect your health and your daily activities.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
December 16, 2021, 09:07:21 AM
#5
So being forced to ask what are the most updated guide for newbies that have been out of trading for some time now.

This can be classified into several parts, during the pandemic, many beginners entered crypto trading for economic reasons and incentives that forced them to be able to interact with more vital things and in terms of money management also revolved around the internet. In this case mostly after the economic recovery, crypto trading started to make a lot of changes both ups and downs and stagnant and showed no movement. As a result, novice traders will not get used to this kind of situation. So when they decide to exit the market because they are oversaturated it signifies that they came only to save finances, not to contribute to the overall cryptocurrency trading.
member
Activity: 283
Merit: 10
December 16, 2021, 08:14:21 AM
#4
Whales is almost playing games in market like big dump big pump this is the reason of whales in this situation they make good money and almost all whales buy in dip when other people are fear then  they make  buying and make unbelievable profit
sr. member
Activity: 2436
Merit: 455
December 16, 2021, 08:11:29 AM
#3
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.

I'm confused on the formula thing you were saying OP. Exchanges may have been upgraded some features on their platforms but the approach on Trading didn't change. My guess is that you need to study more because it might help you to gain more knowledge that might be the key to your answers, to gain profit again, to start trading like you used to. Sometimes old knowledge about trading is outdated, so don't be afraid to grow more rooms for your Trading experience.
sr. member
Activity: 2366
Merit: 332
December 16, 2021, 07:44:13 AM
#2
I don't think anything has changed for now about the trading itself taking about making analysis, entering the market and exit, indicators are still guide to traders and investors are still making money. Newbies need to understand that trading and making profit requires patience. Don't jump into every thing that looks like opportunity but analyse very well before the click.
full member
Activity: 854
Merit: 130
December 16, 2021, 07:20:22 AM
#1
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.
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