New to crypto trading - Is now the time to get in?

doomloop

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Quote from: Assface16678 on June 07, 2024, 06:55:11 PM

Quote from: synchronym on June 07, 2024, 02:11:54 PM

Basically you have to wait for the right time to trade. If you are new to trading, you must acquire enough knowledge before trading. When you gain enough knowledge about trading, you will know enough about the trading market that you will understand yourself when it is the right time to trade. But if trading can make us always plan long term and check the market, then surely we can achieve success in trading. There are many newbies who are new to trading they may not understand so much in the first stage they are too hasty and in haste they make bull decisions and because of this wrong decision they have to face losses in trading. Therefore, if we always have a long-term plan in trading and check the market and trade patiently, we will certainly be one of the successful traders in the future.

Well, its true about what you have said but also we need to remember that there is demo account in any trading platform, learning is not enough a beginner should also try to execute their knowledge in trading, in order to do that they need to do trade, so demo account is the best option so that a beginner could familirize with the platform and also can experiment in trading without worrying about losing money, I think its better to have atleast months of practicinf in a demo account so that a trader could be ready in any situation in the market they are trading with. That is the common mistakes of beginner traders they are starting to trade in live account immediately so that they are losing a lot of money at first then they will never trade again because they experience lose of money which is not a good thing.

I think it doesn't make any sense on why they are learning trading and they will never apply what is taught to them. What they are doing here then? Lol. You are right with what you said about demo trading but 1 month can be short or long depending on the person that is using it. There is no definite time but we are the only ones who can figure it out.

Those who are serious is I think will make sure that they are now ready and they won't rush things because they are the only one who is going to suffer. Those who trade live in an instant are either not learning well, or they have an experience before in other financial markets. Losing money is bad but no one wants it to happen. Just like gambling that losers keeps on coming back, it can also happen here in trading.

boyptc

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Quote from: FanEagle on June 09, 2024, 01:14:03 AM

Jesus, quite strong situation that we are seeing it, and I believe that waiting six years to reply back to everyone is definitely a big deal. I think 2018 could have been a great year to get in as well, everything went low and that means we get to see the prices get higher and higher, that's an important situation. I get that it may not feel like a good enough situation, we should realize that it is going to take a while, but as long as we get to do whatever we want to do, it should not be all that complicated.

I believe that we are going to get something out of this, we just need to realize that if we wait like OP then we will make a profit, like for example 2022 was a great time to get in as well, would have made us a lot of money.

If there is a best time to get in, it is either do it now or wait until 2026.

That is based on the history on the market and the 4 year cycle. Many newbies still think that they will see a dip for this season.

There will be some corrections but it wont be as big as any dip that they might have been thinking.

Essential10

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Quote from: tredingaltec on January 14, 2019, 09:57:34 PM

now the market is very difficult to predict if if you trade new at this time you have to have sufficient technical or fundamental analytical skills so you have to be careful in trading

Since the market cannot be analyzed in advance, one always needs to analyze the market for trading. Because new things come in the market every day, you have to trade by looking at the market of the past days and creating a pattern in which direction the market will go next. Even if you're skilled, you won't succeed at all if you do a lot of analysis and trade extensively. Set in advance how many trades you want to make per day, if you get addicted to over trading in hopes of getting more, you can quickly find yourself on the road. You just set your specific targets and you will start getting results quickly.

FanEagle

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Jesus, quite strong situation that we are seeing it, and I believe that waiting six years to reply back to everyone is definitely a big deal. I think 2018 could have been a great year to get in as well, everything went low and that means we get to see the prices get higher and higher, that's an important situation. I get that it may not feel like a good enough situation, we should realize that it is going to take a while, but as long as we get to do whatever we want to do, it should not be all that complicated.

I believe that we are going to get something out of this, we just need to realize that if we wait like OP then we will make a profit, like for example 2022 was a great time to get in as well, would have made us a lot of money.

AnonBitCoiner

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Quote from: Finestream on January 14, 2019, 05:19:25 PM

I agree.We are still in bearish right now so i think it would be hard for newbies to start trading and make profit.Maybe we can wait for the right timing to trade.But if they can afford to buy potential coins at the moment,and then hold them after,it would be more profitable in the future once the price had already increased.

Now the bearish season has ended and bull season is started therefore the price of every coin is more than that was in the month of January. I think it is also a better time to trade and make profit now because the market is highly fluctuating and the price goes up and down continuously so if someone is an expert in trading then he can make good profit from it now.

Those who have bought potential coins at that time will now be in profit because the price has surged a lot but one should not sell currently as the price will go higher once the Bitcoin hits another ATH and the better way of making profit is to invest for longer time through buying at lower price and sell at higher worth.

Assface16678

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Quote from: synchronym on June 07, 2024, 02:11:54 PM

Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

Basically you have to wait for the right time to trade. If you are new to trading, you must acquire enough knowledge before trading. When you gain enough knowledge about trading, you will know enough about the trading market that you will understand yourself when it is the right time to trade. But if trading can make us always plan long term and check the market, then surely we can achieve success in trading. There are many newbies who are new to trading they may not understand so much in the first stage they are too hasty and in haste they make bull decisions and because of this wrong decision they have to face losses in trading. Therefore, if we always have a long-term plan in trading and check the market and trade patiently, we will certainly be one of the successful traders in the future.

Well, its true about what you have said but also we need to remember that there is demo account in any trading platform, learning is not enough a beginner should also try to execute their knowledge in trading, in order to do that they need to do trade, so demo account is the best option so that a beginner could familirize with the platform and also can experiment in trading without worrying about losing money, I think its better to have atleast months of practicinf in a demo account so that a trader could be ready in any situation in the market they are trading with. That is the common mistakes of beginner traders they are starting to trade in live account immediately so that they are losing a lot of money at first then they will never trade again because they experience lose of money which is not a good thing.

synchronym

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Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

Basically you have to wait for the right time to trade. If you are new to trading, you must acquire enough knowledge before trading. When you gain enough knowledge about trading, you will know enough about the trading market that you will understand yourself when it is the right time to trade. But if trading can make us always plan long term and check the market, then surely we can achieve success in trading. There are many newbies who are new to trading they may not understand so much in the first stage they are too hasty and in haste they make bull decisions and because of this wrong decision they have to face losses in trading. Therefore, if we always have a long-term plan in trading and check the market and trade patiently, we will certainly be one of the successful traders in the future.

batang_bitcoin

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Quote from: milewilda on June 03, 2024, 07:28:59 AM

Quote from: batang_bitcoin on June 03, 2024, 06:42:09 AM

Quote from: Clairvoyant on May 31, 2024, 10:17:01 AM

Thanks for all of your replies. Boy, am I glad that I did get into it.

You posted this thread in 2018 and we're on 2024. Wow, that's more or less 6 years ago. You should be proud of yourself that you got into the market and 2 bull runs you have encountered. But that year when you've posted this thread was a bear market and it's exactly the right time to enter. And I hope that you remain stronger all of this time and you're not affected anymore with fud and bad news in the market.

Only a few would really be able to remember up on the thread that they had made and that was 6 years ago on which its really that amazing that someone who do able to make it up and go back into this thread and telling that he had made it out. Yes, it was really that on the moment on where the market is on bear mode. On the moment that you had accumulate tons on that point and able to hold even upto this moment then this is really that showing that you are a diamond hands. Not all would really be that having that dedication but well we do know that not all would really be having that kind of outcome because there are ones who are really that still fails on making profits and decided to stop completely on this venture or this kind of path.

All of us do start on being new on which it would really be just that normal that you would really be committing tons of mistakes at the moment that you would be starting to realize with those loses you do have
then you would really be making those kind of adjustments on which it would really be that a normal approach to have. You are the ones who would really be making out
such adaptation on whatever the field that you are dealing with.

I am interested on how OP did for the past 6 years. It's nostalgic to see that his thread was still up here for the past years and he's stayed on the current status of the market. He probably had shared a lot of experiences, good and bad. And how he's able to maintain himself with various discouragement and encouragement in the market that he probably have seen left and right as he's still too curious about it. But I guess all of them are worth it and his stay speaks for all of it.

milewilda

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Quote from: batang_bitcoin on June 03, 2024, 06:42:09 AM

Quote from: Clairvoyant on May 31, 2024, 10:17:01 AM

Thanks for all of your replies. Boy, am I glad that I did get into it.

You posted this thread in 2018 and we're on 2024. Wow, that's more or less 6 years ago. You should be proud of yourself that you got into the market and 2 bull runs you have encountered. But that year when you've posted this thread was a bear market and it's exactly the right time to enter. And I hope that you remain stronger all of this time and you're not affected anymore with fud and bad news in the market.

Only a few would really be able to remember up on the thread that they had made and that was 6 years ago on which its really that amazing that someone who do able to make it up and go back into this thread and telling that he had made it out. Yes, it was really that on the moment on where the market is on bear mode. On the moment that you had accumulate tons on that point and able to hold even upto this moment then this is really that showing that you are a diamond hands. Not all would really be that having that dedication but well we do know that not all would really be having that kind of outcome because there are ones who are really that still fails on making profits and decided to stop completely on this venture or this kind of path.

All of us do start on being new on which it would really be just that normal that you would really be committing tons of mistakes at the moment that you would be starting to realize with those loses you do have
then you would really be making those kind of adjustments on which it would really be that a normal approach to have. You are the ones who would really be making out
such adaptation on whatever the field that you are dealing with.

batang_bitcoin

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Quote from: Clairvoyant on May 31, 2024, 10:17:01 AM

Thanks for all of your replies. Boy, am I glad that I did get into it.

You posted this thread in 2018 and we're on 2024. Wow, that's more or less 6 years ago. You should be proud of yourself that you got into the market and 2 bull runs you have encountered. But that year when you've posted this thread was a bear market and it's exactly the right time to enter. And I hope that you remain stronger all of this time and you're not affected anymore with fud and bad news in the market.

jcojci

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Quote from: rhodelmabanal on June 02, 2024, 11:43:27 PM

Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

BTC and alts are a good investment specially when the market is better or when the market start to climb, price is very important to consider on buying, because the profit depends on the price, if we buy on high we can only earn small amount of profit in a short term holding we need to hold for a long time and wait for the another ATH before we can sell, but if we buy at low price then we can earn profit in short time depending on our limitations, so buying in dip is a great strategy to earn.

If you use altcoins as an investment, you need to be careful because it is not easy to find the right altcoin for investment. Even though you currently see the altcoin's position as being in the upper position, that does not guarantee that the altcoin will remain in that position. Everything can change so you should use Bitcoin as a long-term investment and altcoins as a short- and medium-term investment.

When buying Bitcoin or altcoins, we have to wait until a correction comes in the market. However, we have to analyze the coins we want to buy so that we can buy them at a low price. Don't be tempted to follow advice from other people or trading groups because we don't know anything.

Xampeuu

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Quote from: rhodelmabanal on June 02, 2024, 11:43:27 PM

Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

BTC and alts are a good investment specially when the market is better or when the market start to climb, price is very important to consider on buying, because the profit depends on the price, if we buy on high we can only earn small amount of profit in a short term holding we need to hold for a long time and wait for the another ATH before we can sell, but if we buy at low price then we can earn profit in short time depending on our limitations, so buying in dip is a great strategy to earn.

Well, to find out the dip area requires knowledge and experience, and of course good analysis is very helpful to find it, because sometimes we already think it is a dip area, it turns out the price is still going down again, therefore a strategy is needed and a framework is created to be able to determine the steps that will be taken. we take it, remembering that it looks easy but is difficult to implement

rhodelmabanal

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Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

BTC and alts are a good investment specially when the market is better or when the market start to climb, price is very important to consider on buying, because the profit depends on the price, if we buy on high we can only earn small amount of profit in a short term holding we need to hold for a long time and wait for the another ATH before we can sell, but if we buy at low price then we can earn profit in short time depending on our limitations, so buying in dip is a great strategy to earn.

wxxyrqa

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Quote from: karungbitcoin on January 17, 2019, 09:02:24 PM

Currently price of all crypto dumped hard and this is beyond our prediction, since the price of crypto very high volatility will be very difficult to predict the bottomed price. In technical analysis tell us now is best times to enter to the market for doing day or swing trading. But there are still risk and to minimize it, we have to use stop loss and trailling stop.

In such cases, traders do not enter into long-term trades . Several of my friends constantly continue to use scalping, and despite the fact that they need more time for this, they are not very take care of possible chart breakouts up or down

Clairvoyant

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Thanks for all of your replies. Boy, am I glad that I did get into it.

karungbitcoin

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Currently price of all crypto dumped hard and this is beyond our prediction, since the price of crypto very high volatility will be very difficult to predict the bottomed price. In technical analysis tell us now is best times to enter to the market for doing day or swing trading. But there are still risk and to minimize it, we have to use stop loss and trailling stop.

Sum24

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Quote from: naruto7676 on January 16, 2019, 08:38:59 AM

Before entering to crypto trading make sure you will know what will gonna do if the price will fall, to avoid losing money as a same time you will lost by no strategy to start.

It’s not in your hand to decide what will happen next but you should only know how to move next as it’s good one rule to buy at red and wait for long so new users should join right now it’s best time later on price will be too high. Don’t think about lose as it can demotivate you just fix a goal and focus on it to start your trading journey.

SvonioneFromMangoCoinz

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Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

I don't think these are reputable services. I think this transaction is really difficult and if you keep looking at the signals, it will become more difficult. because the signal is a lot and it will make you confused before deciding to buy any altcoins. I have tried and failed, besides, the signals are only 40% accurate.

wuvdoll

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Quote from: marcous on January 16, 2019, 09:23:14 AM

this year is called the bear market, and most traders or investors suffer losses. even among them decided to leave cryptocurrency or hibernation until the prices are recovery. For newcomers, of course, this is a pretty good opportunity, remembering cryptocurrency prices like altcoin are still down

You meant last year ? This year will be a sideways to slow recovery filled one hence this must be a right time for getting in. Moreover this year could be a perfect time for long term planning rather than having any active trading plans. Usually sideways markets are good for short term trading still I am not recommending to for that as unexpected downfall may make to lose faith on entire crypto space itself.

Quote from: JRoa on January 15, 2019, 01:43:23 AM

Increase your knowledge about it for you learn how it works and how you can able to make profit.

There are thousands of such aspects are required to be successful with trading but definitely not for long term traders, yes they can easily go for investing with bitcoins and then might need to move them into cold storage. After 2 to 3 years they may find themselves as millionaire too.

marcous

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Quote from: Clairvoyant on December 17, 2018, 03:38:30 AM

Hi all. When the hype was at its peak about a year ago, clearly this attracted a lot of people. I waited and watched. Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc). Presumably some of these are better than others.... if so, what have been your experiences? Thanks.

Well, this year is called the bear market, and most traders or investors suffer losses. even among them decided to leave cryptocurrency or hibernation until the prices are recovery. For newcomers, of course, this is a pretty good opportunity, remembering cryptocurrency prices like altcoin are still down

Topic: New to crypto trading - Is now the time to get in? (Read 19835 times)