Topic: ★Secret of successful crypto Trading★ - page 4. (Read 741 times)

You have said it all learn before you earn.  Not earn or lose before you learn.  Trading is not far from gambling and games and that means it is very risky and it is not advisable that you start trading without understanding how trading work and when to buy the right coins.

There are lots of steps are involved in the process of finding ourselves successful in crypto trading. The very first must be showing interest toward various aspects of trading like what other currency pairs are available and what are resources are available for learning and training purposes etc. I believe you have done as per the recommended way of learning process to become a pro in trading. I am not sure how many people are doing the same even we are having many discussion like this.

I believe resources for learning and practicing is not a problem for anyone as we have the powerful internet now a days. If you need one particular book for learning some strategy, I believe definitely this community will help you to find out and moreover may get you the exact download link to get that book. This is just an example on how this community will be ready to help but only very few people are making use of it.

Other important things is to understanding fundamental and technical analysis. By have knowledge about fundamental and technical analysis we can predict the trend of crypto market, so we can decide when should be enter and exit from the market. Second thing is we should have management of risk to avoid loss from wrong prediction, for example use stop loss and trailling stop for each trade.

Although seems like the secret you shared is no more a secret, still big thanks for sharing, should be very helpful to newbie.
I did my own research when I start trading and I learn my experience my knowledge now through educating myself, I have proven that there is nothing impossible in crypto if you are really interested to learn, information are free in the internet and you can find relevant information that are very helpful to you.

In addition to all those tips a trader should have a sound money management and working strategy although the strategy might not be perfect however a  high risk to reward ratio of 1:2 or more will ensure a trader makes profits overall despite some losses more so depth knowledge in technical and fundamental analysis is a must for a trader.

Yes, we have seen a lot of tips and tricks. But you know what? The problem is that traders are almost emotional, and most of the time those tips are not going to be follow by heart. Even some of them just traded to get a feel and thinking that they can be lucky and hit a jackpot, but it's not how the market operates and I do hope that all of us will learn from our past mistakes here and be eventually successful. Best of luck to all traders this 2019.

Most traders don't need any background information. They don't even care what coin they trade. It's solely them versus the charts, where everything else is pretty much insignificant. What most of them do is wait for confirmations and act based on what they think will happen, and with how bots are programmed to do that what other bots do, it could turn out to be a more worthwhile form of trading.

Obviously, it is a very short term minded way of trading, but that's not a big deal for anyone interested in just profits. People thinking fundamentals matter when it comes to short term trading are fooling themselves.

It is a good thing you want to help beginners and I appreciate it.
In my opinion most people are escaping in relation to the big change of price. Even I saw a few of them in Reddit. Some of the miners are not so different from the traders, so they have stopped working because they can not make profit. Maybe this will cause some of them not to start at all, but unfortunately situation is not good.
Yes, learning from the old ones can help your improvement, but you should be careful all the time, because there are thousands of unnecessary groups in the telegram right now.

Your trading tips or advice are no far fetched from the obvious every cryptocurrency trader is aware of and tries to put into effect,but definitely just as other trading tips,it guarantees no success in trading whatsoever.
Being in trading groups keeps you updated with the runnings of the project,but it doesn't stop a coin from being a scam,as the managers could come up with an exit scam anytime
You could avoid selling during a marketing manipulation/downturn and end up kicking yourself you didn't,as the coin could plummet to the ground and never pick up again,it does happen
Knowledge of Coinsmarketcap has nothing to do with trading success

The first one is amazingly right. It is vital to be in a projects discord group because most of the time either they have a discord or a telegram channel and when you are indirect talks with the founder of the project you can see how things are going.

I specifically get out of a coin because I have talked with the founder and saw personally that they were not really excited about their project and didn't even had the enough funds to continue so I got out and now they are half less than when I was there. Second one is just pure common sense, I mean it doesn't matter what you hold, if its bitcoin or a new coin you just need patience because if you panic sell you will just lose your future profits.

Third one remind me that there were ton of people who invested coins that had small price, like having 2 cents would make it easier to get it up instead of looking at the market cap. They forgot that 2 cents to 3 cents is harder when there is a big number of coins mined like 500 million or so. That is why many people were excited about reddcoin and doge at one point.

Signals are cool and all but they are for short term uninterrupted trading. It can help you for a day or max a week but in the end you need no outside interference like some whale selling a lot or buying a lot to make it happen.

I have also some tips.
Be aware of the latest market trends and news.
Check the rates at least once a day.
If it’s not possible for you to keep a check on regular basis than be sure you have a friend or someone known in that field that can guide you well.
If you like to play safe with investing stuff than go only for amount you can afford loss.( cause there are many scams in this field one must be aware about)
Good luck, colleagues.

To be a successful crypto trader someone need a vast knowledge of trading.where this tips will help them to expand their trading experience

I think crypto traders already have insights like the ones that are posted and that is no secret, where most people will always follow the flow that is on the market

Hello guys,

Nowadays crypto trading has already been a popular source of earning. Most probably millions of people from all over the world connected  with crypto trading.

Honestly its not an easy task to make profits from crypto trading  without having proper knowledge or technique. Today i am gonna share some secret tips of crypto trading which will help Any traders to make relevant profits.


1. If you wanna buy a coin/token in any exchange than you should join that projects social groups and channels for getting update info about that coin/token. Which will help you to take the decision when to buy, hold and sell. Most of the crypto project have a continious upgradation plan. whenever any date comes near basically at that time investors try to buy that coin/token. So its really important for you to remind all the important dates of that projects to make healthier profits.

2. During the time of market manipulation you should keep patience and research your targeted coin/tokens last  couple of months most dips and uptrend position. Which will gonna help you to understand what possibility of that coin/token have. Its a wiser decision not to take part during market manipulation.   

3. Before start trading you must need enough knowledge about coin market cap. Always got it on mind coin market cap position had an great impact on trading. If it increase than obviously something better position will come for the traders if it dip down its gonna bad day for a trader.

4. Some traders beleive that without proper trading signal its kinda tough to make profits from crypto trading.But never forget signal is like just a rumour.The better news is signal providers have a big community where if he suggest anything most community members run for that. But in real scene if you have enough knowledge about a coin/token you need no signal.

At last i will suggest you guys always try to learn before you wanna earn.😊