Topic: Teach me how to fish - page 9. (Read 1982 times)
For learning how to fish, you need to change your attitude towards the market and investment. The experience is a good teacher but you should have the market understanding, money management, trading techniques, indicators- technically analyze, fundamental research and more. Before making an investment you have to make your own research and learn from your past mistakes.
If you search the web,you will find plenty of material about trading. Babypips is one site where you can start from basics and can finish at expert level. If you really want to learn then start from basics, steadily and slowly its only your experience which can win the market. Two different people trading same strategy are not winner both that means trading is more of a psychological game.Gain more and more experience, market will start talking to you one day.
Trading itself is not a guarantee that you will earn profits every time. I have been there and I have made losses like all other crypto traders when the market suddenly switches to a red one. That said, even knowing how to fish is not a certainty that you won't end up catching seaweed instead of fish
your title reminds me of an old bible verse slash / qoute . teaching a man how to fish is indeed better than giving him a fish . i can see that your thread now have a 4 pages reply , so i assume that you already recieve alot of tips and advices on how to improve your trades . trading is not just an alternative but trading is consider as the best way to earn a crypto . what you show is right . you must try again and one failure should not stop you from doing what you love .
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
Don't just buy any crypto just because the prices are low because it can also become lower. Only invest on the cryptocurrencies that have a good foundation and has higher chance to survive in the market. Target the low income but safer trades if you still can't afford to lose in high risk trades.
This is not possible, since there is no recipe, everyone must come to their own system by trial and error, and those who say that they can teach you mostly liars. Just absorb all the information from the Internet and someday all this information in your head will come together and create a recipe for you, as everyone has their own psychology and strategy for trading should also have their own.
Good guide?
I don't think that really exist.
You mean something that will surely give you profits in a small amount of time? No. Still that doesn't exist. They are all just make believe or just scammers where you will pay them for a guide with sure profit. Something like trading signals which are still scams.
If you want guides, here are some.
https://bitcointalksearch.org/topic/tips-for-newbies-to-trading-5205945
https://bitcointalksearch.org/topic/top-5-ways-to-earn-crypto-while-you-sleep-5204613
Credits to the owners. I hope some of them will help.
I don't think that really exist.
You mean something that will surely give you profits in a small amount of time? No. Still that doesn't exist. They are all just make believe or just scammers where you will pay them for a guide with sure profit. Something like trading signals which are still scams.
If you want guides, here are some.
https://bitcointalksearch.org/topic/tips-for-newbies-to-trading-5205945
https://bitcointalksearch.org/topic/top-5-ways-to-earn-crypto-while-you-sleep-5204613
Credits to the owners. I hope some of them will help.
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
You need a fishing rod, a place with lots of fish and the right strategy for fishing. Fishing is not so easy either. Anyway, to being successful in trade, you should not move away in every mistake, on the contrary get closer. Remember, the best lesson in trade is taken from bad experiences. And do not be ambitious to recover your old losses. Also do not try to make a quick gain. "Do not wait for the fish in your location, look where they are".
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
If a trader would teach you or someone how to fish, how to lure and what bait to use, soon there will be no "fish" in the pond.
Each fisherman has his own unique technics. They are effective for him and useless for other.
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
Trading on cryptocurrency was not so much profitable when the market volatility was higher, in order to now receive income from trading, you need a good deposit and experience. If there is no experience, start trading on a test deposit, for example, you can use the Bitmex testnet exchange.
you can't be rich by trading in single night, every trader have loss and gain. Put in your mind that if you trade then loss it's not the end of your way. By losing you will learn why you loss and never do the same thing. Also don't expect huge gain in short time mate. Be realistic and make sure u have target.
Doing crypto trading when entering the market is very different when we speak the problem of strategy here or Tekhnik in trading. Because I think the market can change at any time without being able to predict, and sometimes predictions can miss so many traders are missing out on that. For that bad experience not only you are experiencing, there are also many traders who lose. If you want, you can see the trading strategy on YouTube, I also learn to trade from YouTube.
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
actually, I'm also not very good at trading. but, from what I read, and from previous experiences the most important thing in trading is to be patient. however, this is not that simple. although that becomes an important point, but we also need precise information about the coins we hold, for example such as bitcoin and ethereum, it is a coin that is good enough to hold for now.however, you can hold any altcoin, but without proper development information, it will just waste your time.
The best lesson of life is trying again and adjust as you go, if you really want to know how to trade you should be ready for the worst, try things out yourself and get used to it, learn from your mistakes and you will end up been better than before until you turn pro
Very true, I agree with the phrase you say, because the only teacher in trading is to learn from a mistake we have experienced before, so that we will also be able to understand all trades on the exchange.
It's true that trading is a good way for us to earn in every market situation. If you're just beginning then you must try doing your own research. As for me, I don't want to advise or give you any complicated strategy. It's better to trade using the basic strategy which is to buy low and sell high. Take advantage of every market situation and grab the chance to buy at a low price during the bear market and sell it when the market recovers again.
First, you need money to buy a coin. Second, you to analyze to find the low price to buy. Usually, the lower price will appear with the red candle, but that will always happen because the red candle can get down for more, so you need to be careful. If you already place an order buy at the red candle and it was filled, then you should prepare to sell when it increases. But if the red candle is down again, then you can buy more amount. That is why you don't have to buy with all the money because you will need more money just in case if the price is down deeper.
The trade can be the most profitable method in bear season. But this does not mean that trade is an easy method. Each trader has his own strategies and has developed these strategies through them experiences. So my advice is to you, do much research about the market and trade first and gain experience by trading fairly small quantities. And then determine your own strategy.
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
Who are the everyone? as easy it might look for some so it is as risky, more risky for you as a new trader, you might lose all your money in short time irrespective of the exchange. A lot of people are burnt already with wrong projects. The coin you plan to trade with are the pump and dump, not those with real life process of tokenomics. Real life projects are long-term and the growth is gradual and steady in price 
Everyone keeps pointing to trading as the best alternative to earning in this bear market but my past experience about trading was bad and now i am willing to give a try again, can any one give me good guide? don't just tell me to find strategy without giving me any, teach me how to fish
lots of tutorials that you might find on google or youtube, I can't go fishing because it saturates let alone keep me patient, I want to give you tips but not on this forum, lolI also do not guarantee my tips can benefit you, I use MACD techniques and multiple buy orders
The best lesson of life is trying again and adjust as you go, if you really want to know how to trade you should be ready for the worst, try things out yourself and get used to it, learn from your mistakes and you will end up been better than before until you turn pro
Jump to: