Topic: Trading - page 10. (Read 3241 times)
Trading in bitcoin or altcoin is not how expert you analyze chart but also I think there have lucky and unlucky with your self, without check chart when you are lucky you will get much profit but some time how hard checking of chart and buy with support price you will be lost if you are not lucky when the moment you buy and sell.
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Start learning about technical analysis and fundamental analysis. Candlestick patterns are very interesting too.
Support and resistance zones are usually good entry and exit points.
Use tradingview.
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Start learning about technical analysis and fundamental analysis. Candlestick patterns are very interesting too.
Support and resistance zones are usually good entry and exit points.
Use tradingview.
There seem to be 3 main trading strategies:
Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.
Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.
Three ways of trading have positive and negative side, maybe I like day trading without faced big risk and got not big result because when we use daily trading we always got profit every day although just few percent, but we are do not afraid and could sleep well because daily trading give us profit every day.Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.
Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.
There seem to be 3 main trading strategies:
Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.
Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.
Three ways of trading have positive and negative side, maybe I like day trading without faced big risk and got not big result because when we use daily trading we always got profit every day although just few percent, but we are do not afraid and could sleep well because daily trading give us profit every day. Hold: most people have this as a main position and use it especially when they're starting out to hold most of their funds so there's a lot less risk.
day trading: these people to technical analysis and look at market sentiments in order to trade.
leverage trading: these people do trades where they give say 1btc and borrow 10 but they get liquidated of their position drops by 0.1 for example. Lots of people do this when they want to hold 90% and trade with 10% or something but leverage trading entails more risk.
Look at the sentiment behind exchanges too: hitbtc and yobit have quite a few negative reviews, coinbase, binance and bitmex seem to have less issues but are more limited on the trading pairs they have. I'd recommend looking into technical analysis to use with bitcoin and understand that every trade doesn't always take a profit so be sure to set a stop loss.
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
First you must learn the fundamentals of tradind earn some experience. You could watch some tutorials in youtube. Managing your emotions is necessary as well. Actually, there's no such word as safe in terms of trading because you tend to take a risk for the sake of profit. We don't can't predict the market especially if it is regarda with crypto. But oin order to lessen the risk you could invest in to high potential coin like Bitcoin, Eth and BnB.
Buy big altcoin only its one way how less your lost and have big chance to get much profit, with always buy new altcoin you have brave to sell when price in on the top without holding for long time and keep it long, you can invest on ICO or IEO time but always check when listing for selling at the first time.
Have a plan or at least follow someone who is disciplined enough to regularly mention all the things that should be noted before commencing a trade. This is a slide I just saw that describes the current situation and then various levels for the possible price should we take a bullish or bearish direction, ie. always have a plan B or escape plan for when the market doesnt agree with you which will be often.
I'm not an expert but i can say what i know about it.
I think the golden rule of trading in the crypto currency market is to use stop loss. Believe it, stop loss saves lives in this market.
The second most important rule is to sell when everyone buys and to buy when everyone sells. So when everyone is appetite you should be afraid, when everyone is afraid you must be appetite, because we have experienced it many times. Bear market is close when the market is generally bullish expectation
I think the golden rule of trading in the crypto currency market is to use stop loss. Believe it, stop loss saves lives in this market.
The second most important rule is to sell when everyone buys and to buy when everyone sells. So when everyone is appetite you should be afraid, when everyone is afraid you must be appetite, because we have experienced it many times. Bear market is close when the market is generally bullish expectation
These are some of my rules that I learned and apply:
-Don't invest more than you can't afford to lose
-In order to make trading, you need to have more than 3-4 income sources
-I don't trade coins which are already too high in the short-time window
-Don't be emotional and act rational
-Profit is good at in your pocket, so, lock profits whenever you can
-Don't invest more than you can't afford to lose
-In order to make trading, you need to have more than 3-4 income sources
-I don't trade coins which are already too high in the short-time window
-Don't be emotional and act rational
-Profit is good at in your pocket, so, lock profits whenever you can
If you don't know much about trade, you should stay away until you get all the details. During this time, you can earn passive income in different ways. For example, you can get a dividend by staking a token. Or you can get a passive income using a Proof of Stake method.
Because trading requires a lot of experience and takes a long time to learn a method of making money. I suggest you stay away until you are 100% confident.
Because trading requires a lot of experience and takes a long time to learn a method of making money. I suggest you stay away until you are 100% confident.
There are certain rules of successful trading, but most of us forget about them.
- Having opened an order, you have already chosen a strategy for yourself.
- Do not invest more than the amount you can lose - this is not more than 15% of the deposit.
- Make sure that the amount of losses does not exceed 1% of the deposit.
- Treat even negative experiences as one of the stages of learning.
It's very well said and this is the fact. In my own opinion, the most important thing in trading is that you should have a research on the site that you are going to invest with and also you should search on the coins that have a higher potential so that you'll be able to earn big. I also should be patient all the time. And the rest is on the above suggestion and that is a good idea. - Having opened an order, you have already chosen a strategy for yourself.
- Do not invest more than the amount you can lose - this is not more than 15% of the deposit.
- Make sure that the amount of losses does not exceed 1% of the deposit.
- Treat even negative experiences as one of the stages of learning.
Trading can be hard, but can also be sweet based on what you advised, which is the aspect of through learning about the cryptocurrency, there is need for us to have a very sound knowledge of cryptocurrency trading so that we can avoid all the necessary mistake that could make us to miss or trade anytime that we try to trade. Trading is easy only with our skills and strategies.
I will just say here that in trading, we need to be patience, trading as we can bear when to lose. It is not all rosy to trade but if we are patient to grow our capital in coins, then we are up and good.
There are certain rules of successful trading, but most of us forget about them.
- Having opened an order, you have already chosen a strategy for yourself.
- Do not invest more than the amount you can lose - this is not more than 15% of the deposit.
- Make sure that the amount of losses does not exceed 1% of the deposit.
- Treat even negative experiences as one of the stages of learning.
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
You can do everything in this world, but you will never ever be able to assure profit in a single trade. Of course that I am assuming that you're trading in a fair way. Taking this point further there will always be a risk associated with your trades. And in order to become a profitable trader you need to internalise that at a functional level. Don't look for a secret sauce because that doesn't exist. It is an equation between technical analysis that creates a statistical edge for you, risk management and emotions management. All these will take a huge amount of time to master, but if you are determined that you REALLY want to do this in your life then go for it.
Many ways how to earn money in online system but I think trading is faster way how to earn much money so far,
trading ? No I don't think so . Trading is not the fastest way to earn but I think it's gambling because in gambling you can get the results instantly but it's more risky than on trading , this is why people still consider trading as the faster way but less risky to earn money . Like you said , there are still many ways to earn or make money . We can add some of them aside from trading if ever we wanted to earn more or only for back up purposes if ever we have failed on trading
Many ways how to earn money in online system but I think trading is faster way how to earn much money so far,
trading ? No I don't think so . Trading is not the fastest way to earn but I think it's gambling because in gambling you can get the results instantly but it's more risky than on trading , this is why people still consider trading as the faster way but less risky to earn money . Like you said , there are still many ways to earn or make money . We can add some of them aside from trading if ever we wanted to earn more or only for back up purposes if ever we have failed on trading
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Well there is an easy way to do that. As a starter don't go for day trading instead go for positional trading or swing trading. Here are my tips which could use to get profits on investment.1. Develop a trading system & a strategy: Don't just buy a coin because some telegram group gave a call use your own system to get trading calls and only buy if there is a trigger in your system and strategy even if you have to learn a bit of technical analysis for that
2. Keep a trade Journal: This is very important. If you lose a trade there must be a key takeaway about a mistake which you did in that trade and you can only be successful if you keep that record with you to avoid such mistakes in future.
3. 90% is Risk management only 10% is strategy: No matter how good strategy or system you have it will definitely fail and you would end up in losses if you have a poor risk management technique. This means have a good stop loss don't risk more than 2-3% of your capital on one single trade no matter how small or large your capital is.
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Well trade on some famous trading platform so that you cant be scammed or whatsoever so basically even me im new at trading and still starting to get knowledge but somehow my friends are their to help me so let me just give you a tip, here are the articles that i read and i hope it can somehow help you.
and also btw, have confidence, and wait patience is the key.
https://www.learntotrade.com.ph/23-tips-cryptocurrency-trading/
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
All trades are at risk. If you want to be safe of course very difficult. The price of all coins can not be stable and price changes can be influenced by anything.
So if you want to be fully secure difficult. Trade to make a profit, so you must be precise in implementing a trading strategy.
Bitcoin and Ethereum may be good coins for trading. These two coins dominate the crypto market. My advice you can do daily trading, but if it has made a profit, better sell direct coins. And you can wait for the price back down to buy coins.
Many ways how to earn money in online system but I think trading is faster way how to earn much money so far, but have ready money first to get profit with trading way and one most important have ready your soul which happen in trading, both lost or you get much profit later.
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