Topic: ★Secret of successful crypto Trading★ (Read 733 times)

thank you for the important points because everyone need to follow all this things and strategy to be a profitable traders because trading is not like the other way of money making it need a huge confidence and its use time to make it possible so every traders should be appreciated for this profitable trading in this field and I also been trying to do this for the trading.

The rise of Bitcoin has made headlines on major news sources across the globe.  A crypto-trader must understand their own emotions, especially fear and greed. Technical analysis helps investors find key support.
It is important to note that trading requires attention and focus. Have a reason and set plans before entering each trade, start a trade only when you know why you’re starting and have a clear strategy. Remember, trading is high risk – invest money you are comfortable risking. When you fail, don't be discouraged, always evaluate the situation and try to figure out why it happened and take actions on how not to have the same mistake again.

That is why wisdom is profitable to direct, in everything you must get wisdom from God and apply it.
Irrespective of the training, experience, analysis and instinct, one need to apply wisdom into trading before you end up losing even as a professional. Like you said, there is no road to success that is not rough; it just requires patience and perseverance too after acquiring all necessary tools necessary such as knowledge, wisdom, practice and all sort of trading analysis.

Exactly. The only secret to a successful trading is one and only one thing that is to invest in cryptocurrency when the prices are low. Just think and search about all those people who had been the early investors in Bitcoin.

Winklevoos Twins invested $10 million when Bitcoin was I think $49. 2017 market their success with a value more than billion dollars. So this is the secret to a successful trading. You have to have a great strategy and a clear understanding of the market.

Those of your statement was quite good and true, so I support you on this one. To become a successful one here, no. 1 rules you must supposed to be knowledgeable in everything here in crypto business, then be patience as well, and never believe in rumors so easily, instead always based your action in the actual market happens.

But if you are trading in a scalping strategy, for example, then there is no need to study the coin for purchase in such detail. Rather superficial study and view a graph of depth of trading. But if you want to be a successful trader, then of course you should learn this and try a lot of strategies.

Knowledge is surely wisdom not only in crypto currency trading but I all field of life if you are making some business you will have to gain information as it can help avoiding lose, so after information and treading you will have to keep your emotions away from you, as you said it is important to have guts to face dump time otherwise it is full of lose, successful traders never get emotional for trading.

Yeah I am not disagree with you mate. That's why traders need own experience to buy his/her targeted trading asset in right time. Specially event of a projects have got proper chances for traders. But its a matter of concern that in many social medias and telegram channels we got fake news most of the time. So its a wise decision to gather valid info of a coin/token before making investment.

I don't think why some people usually referred to some known fact as some thing secret. What you referred to as simple principle of buying low and selling high is not an easy task as you referred to because money is involved and what ever that has money involvement has emotional connection which makes it more complicated to make a rational decision.

I don't think that your submission above should be referred to as a secret in trading success Because there are so many people before now that have made huge loses despite the fact that your acclaimed secret is part of their method.

When you was reading the points mentioned in this topic it gives a different confident for me to trade war better than before if it was not useful for me also it give the some good Vibe for making the trading more positive and making the profit more higher.

Trust in this strategy is very dangerous, because if you are late, you will buy at the top and everyone will sell and you will be at a loss. The person never knows what the big price increase will be. And there is the case that many altcoins are listed in shady exchange and if the person follow this group and hear that altcoin X is going to have a big pump but that same altcoin is listed only in the shady exchanges and that person decides to go and deposit their currencies in the shady exchange , then the person may run the risk of losing all their coins.

Thank you sir for sharing this with us and I have learned from the comments others has made in this thread.  I think trading has no secrets that we did not know but to follow the simple principle of buying low and selling high and don't over trade.  I have been doing this and I have been successful in trading cryptocurrencies.

Anyway, there is nothing easy to achieve success, they certainly have a theory and how to get success in trading and each of these theories will not succeed if they have no control and good experience. Because as much as any theory we have but when we don't have the experience above, I think it will still be difficult to achieve actual success. The OP theory is indeed very good if they are able to do it well too, so keep trying to always research at the beginning so that we can have broader references to buy and sell.

I do not think this is enough. This is not enough at all. You have to have the ability and sense of investing in the right time and the right place. Because, if you are not able to invest in the time when the value is low in the market, the prospect of your success fads away simply because you would not be able to get benefits from the little fluctuation that happens. Normally this method helps a lot when you hodl for long.

Quality Knowledge is very key to the success of any trading, many people are too lazy to learn deeply about the strategies involved and being used by others, in fact I believe that majority of people uses their gut instinct to trade and that is why they loose money a lot and get discourage in trading thereby discouraging others too.

I remember when I first picked interest in trading, what I did was to learn thoroughly first via YouTube tutorials available one net and it did not end there, after which I still went ahead to pay a trader who I believe to be guru for more training before investing my money and time in trading.

this is problem, because you never know if signal is interesting to most (price diff) or not and price dont move. topic title is sensational but everything you wrote is just golden advices like trade good, accumulate wins not losses etc. nothing about some specific trading tactic etc :/

Patience is best tool of trading as price use to move all it rise at the same time falls so in this kind of situation we can use our patience and to avoid lose, keep your eyes open and make good research about trading, market changes and price graph, to become a good trader you should know suitable time of selling and buying, don’t be emotional.

good at analyzing and patience
both of these things can be successful, if you are good at analyzing then you will not be touched on anything. because you already have confidence in the future of the altcoin you trade.
patience, becomes the second capital that is very important because by being patient will keep you from loss due to panic selling or so on.

almost everything is good.
still, signals could be quite a tricky thing.
you are correct about news but if no news are coming then you can try to use technical analysis, support and resistance levels at least. or some indicators like Ichimoku.

That will be a big secret that not all traders know because many of us don't want to learn in chart analysis and we only follow with other people suggest. It is not a good idea because we don't know how good they are in trading and if we cannot learn by ourselves, then we cannot make a profit like the other.

There are many secrets in trading which we don't know, and this is why we need to learn hard more than the other people because we want to improve our skills in trading. When you can learn from many websites, I am sure that you will find the benefits that will help you to decide and you will be able to solve the problem you might face in the market.

For me secret of a successful traders are: patience, knowledge in chart analysis, following update in the coin you are investing and most important is research on the coins your are investing ensure that it has a good product to offer in the market.

 my most important think for being success in trading will be perfect guidance because every people start trading with their interest but without any proper guidance they cannot go with the right Direction this will be the main problem for most of the traders to struggle long period of time to get the success in trading way.

Using those information as basis before investing, yes they can help you to find good projects, but it's still your part to investigate more deeper and not to let them to overcome your decision making, like what you have said most of those groups shared their own supported coins, without proper knowledge it can only lead you to bi trapped.

Assess and always to do your homework don't decide until you have further knowledge about the project.

Fundamental was really favorite method for my trading activity its was really easy to use just need to understand about the project and try to find some rumor and pattern about their project.

For investor patience is enigh to make profits but for the traders who want to make profits in regular time interval they need to increase their trading skills to stay in this field for long time.Just do some other work if you are an investor don't just concentrate on prices everyday it will let you to make stupid decisions and lose everything you have.

It means no one is trust worthy but you will have to make your own research and then choose only promising coin to trade, for long term, to become successful trader invest at right time or at fallen price because it will help you get profit when you think of trading your coin so be careful and try to learn more and more trading skills for profit.

I hope you are trying to say about the trading signal groups on telegram. In my view i will never recommended to use signal group for any use buddy.
You may main reading site group and collect the information which one showing more green in the market place.
Else you can try to use the limit order on trading site and invest accordingly.

Oh, you mean a pump and dump group? Never ever trust or join a group like that because they were only selling you for their coins before you do make a profit, they were one step ahead of you. It's better if you do your own research and study how to trade using some fundamental analysis until you master it to the point that you will no longer look at any chart.

Based from my experienced, joining telegram groups will somehow help you to decide whether you invest that particulat coin or not. But most of the times i fell for their fuds, I mean they are just promoting their coins but they are not worth to buy and not worthy for investments.

This is great idea you have shared with us and I personally have learned alot from this thread and gathering knowledge from what others are commenting.  The cryptocurrency market trading is new and we need all these information to be able to trade it profitabily.

really ? how can it be possible when we know that the market of cryptos is too volatile and can subject to change without prior notice from the public ? plus there are also alot of whales that manipulate the market  . this can even make the crypto trading a verry hard job  . i know that you are only lying mate . dont deny it  .


what about the skills and knowledge ? you cant just simply forget these two key traits because both are more important that being patience and not too greedy  .

for the secret of success as an investor and trader is that you have to have a great sense of patience and never be greedy when you get big profits and one more you have to be unaffected by people and don't panic too. that's the only way to get success

Most of the time i follow candle stick pattern only in my trading .I earn good profit with this method of trading .

We can't increase the demand or supply unless we are a whale so we just have to surf with the flow of market.For trader the fiat value is also much important because they were doing this to make money in short term and also they need to hold their much of investment and just use portion for trading purpose to minimize the losses.

Secret of a successful trader is lies on the fall of other traders so try to make other fall if you want to win.

Mostly of trading signal groups and channels are crap, i encountered many of them and had a very bad experience using them, that's why i never suggest it to others.
The worst thing about these trading signal channels is that they usually support pump and dumps schemes (only short term trading).

To be successful, you should only try to understand the market, identifying your phases very well in the long and medium term and know how to combine technical analysis with fundamental analysis and, above all, not entering many operations at once, because I believe that with 3 well-analyzed operations are likely to get good results.

Price action of crypto is unpredictable, in uptrend mode the price can be dumped hard just afew minutes. So in my opinion knowledge about risk management is become most important thing, we should be understanding how to use stop loss and trailling stop, and also avoid greedy and unpatient.

Also you have to know some important strategies like Dolar cost average, to determine support and resistance level, to understand supply and demand zone, how to short and increase the amount of the token or BTC etc...

In my view, there is just NO secret at all. It’s down to logical ways and methods to get things working fine. IF we want to be successful with Crypto trading, then we MUST ensure we have good money/risk management in place and our strategy got to be good.

I HATE it with using of strategies that become one-dimensional, since then you are going to struggle. I use strategy that works in all situations, along with these Trading Tools, to help me with working.

The feeling is like you are going to a jungle when you dont know anything at first. You keep on digging to have more information about the surroundings. After learning the techniques to survive, you can now produce your own. Ofcourse you should be wise and patient in every move you make and whenever there are bulls and bears in the way, you can get through it.

learn more and mate your abilities, and understand more about other people's experiences that have already done trading first, their experience is very valuable as your reference for trading ...

I totally agree with you. In the crypto market, many investors fail because they are often free investors and have no knowledge of investment.
We not only need to have knowledge about investment and analysis, we also need to have reasonable financial management skills. If you don't manage money well, you won't be able to manage any portfolio.

As a trader you shouldn't really completely stop if you are already profiting.You would really need to be updated anytime rather to be outdated.
Making yourself informed into current events and news will really be a good tool for you to add up when you are already making some analysis with your
trades. Success would vary or depend on how you do handle yourself and making profitable trades maybe not on constant ways but you are gradually earning.

I think the shared advice is definitely very good and everyone should definitely take time. Although we find ourselves proficient in trade, I think that everyone needs to keep their information up to date and constantly read new articles. I think that people who are new to this sector and who have just started to trade should definitely look at this article because there are really useful recommendations.

Agreed, also majority of the users follow the simple principle with trading that can be adoptive to each and every form of trading. Whether it is commodity, asset, shares or whatever might be, with crypto the prediction needs to coincide to get the best return out of the same.

most of my predictions in analyzing crypto prices on the market always depend on the behavior of the great popes in the media, they the big popes can manipulate asset prices on the crypto market at any time, so I always wait for news and signals from various sources to be taken into consideration in crypto trading

I believe there could no effective tip left out untold so that it will be helping people here to become more successful with their trading. I mean to say already thousands of times many tips were given out throughout this forum but still people are coming again and again and seeking something new but practically most tips just focusing on few things alone. Moreover I am not seeing anything wrong to target becoming millionaire by trading as anything will be possible if we are prepared ourselves appropriately.

You just revealed the secret of crypto trading. Yes, long term holding will have better ratio profits when comparing with active trading. Because active trading must be including losses time to time whereas long-term holding will cover all the rising markets.

Where and who?

It's very unlikely to see a lot of traders become millionaire over here, and those who actually are a millionaire, won't just openly talk about it on the internet because they have a lot to lose.

Don't believe the fools on social media with tons of followers saying that they are a millionaire or even billionaire. Richard Heart fits in that category as well. This dude claims to be a billionaire, while no one has ever heard of him before crypto, there is nothing on the internet hinting that he is very wealthy, etc. He almost cried in one of his videos because being a Bitcoin maximalist made him lose out on 'tons' of altcoin gains.

Now he is hardcore shilling his soon to be launched shitcoin called BitcoinHex, which will run on Ethereum. Says enough.

after last year's falling, i think some ICO projects which are still exists are really future-promising. right now it's a good time for schedule investment. for example, use every 10% of your monthly income to buy bitcoin no matter what the price is, keep it this way until next year, you may find some surprises. if not, this kind of money you can affordable to loose

Yes you can make handsome profits but in the process of making profits you will lose your soul of life,you only will be looking at the market,you will be watching the market and calculating the price changes every minute,this is can't considered as life,just surviving this world here.Live your life don't just survive

Honestly crypto trading is risky enough to loss fund but wise trader who got enough knowledge and tips about whole crypto empire can easily make handsome profits. In my opinion long & short time trading both is profitable if a trader can absorb market situation. Basically these two types of trading technique should be applied carefully.

Well it’s good to share your tips id you know any thing that can make other users to trade safely. You are  right here that trading is good to continue because it takes small time to increase. I have seen allot of traders being millionaire so I am also hoping to improve my status and good trading tip is to be patient and hold to trade for long time.

I am not going to suggest any tip for the traders here to make money from trading,Just want to that keep trading as your source of income but not source to be a millionaire since I didn't know anyone who traded actively become millionaire so don't waste your life and health by doing trading 24/7.I am hoping that long term trading or holding will be much profitable with no or less effort

What you are mentioning is ONLY applicable for an asset which will be having huge level of daily trading volume and a trader should focus only on short-term and should not have plans in long-term. Because, only when you are sure about background information like concepts and future developments, you may go for long term trading plans.

At the same time in my experience, all the trading charts/technical indicators/strategies are not working for all the trading pairs. If I need to trade one asset based on charts or some strategies then I should have tested that for at least two times so that I could be sure about the conditions are meeting so that I can go for trading them without checking any other things.

I mean to say even I am good at technical analysis, I cannot trade a new asset on the first day itself. Because, different assets require different trading strategies.

Another bunch of important info 🙂.surely those will help new crypto traders

1. As an investor you would really need to plan on what would be the steps you would made not just hurrying yourself on purchasing coins without any basis nor study.
Searching up valuable informations such as project roadmaps and future plans or upcoming events is really important and with these informations you can able to utilize about possible prize
movement that if you can able to ride you can surely make profits.

2. Market manipulation? You cant avoid such thing and most of the time you would only realize that you got caught on a manipulation and its too late.

3. CMC is good for preference too look up some past price movements of the coins you planned to trade or invest on.

4. Dont believe into those groups who do provide signals.There might be some good ones but most of them arent really accurate at all and some do ask for fee.

Yeah, I am completely agree with you that trading is not an easy task. Without having proper guidance and knowledge its really hard to be a successful trader. 

Thanks every respectable members who shared their valuable thoughts which gonna help any new crypto trader to make reasonable profits.

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.😊