Trading advice needed | Bitcointalksearch.org

Cemploon

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CurioInvest [IEO Live]

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

When you make a decision does not involve emotions because the results are not good. Learning with experts, in my opinion, is indispensable. I more often see YouTube videos on how to trade well. At least it will give me a little knowledge of the trade.

And most importantly patience and take advantage of every good opportunity. The coin price is currently different from the year 2017, that if the selling value of the coin rises, it will surely last a long time. But it differs from now because it quickly decreases.

Viscore

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Live with peace and enjoy life!

Quote from: ?? on ??

1st of thing change your mindset about trading , its not like you buy some coin and hoping it will get raise suddenly
, trading is about buy some coin with much observation before and you know it will get raise if your observere is right

Learn more about technical analysis and fundamental skills before engaging into trading. You won't make profits in trading if you don't understand it well. Follow the buy low and sell high method and for sure, you won't lose in the end. And never make use of your emotions in trading, just trade only for profits so you will be motivated more to earn big in trading.

sukoyomi

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Activity: 948

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Quote from: Mianae on August 26, 2019, 06:50:22 PM

You need to improve your trading skills, trading requires lots of time, learning about the market as well. To do well you must spend quality time learning and relearning on charts analysis. Without ability to analyse charts trading won't be profitable.

If it's me, I'll not improve skills for analyse trading charts because it same as playing guessing game to me. I'll improve my skill to seek a good altcoin, which one of them that really try hard to be worthy.

bellaayu

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Activity: 644

Merit: 10

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

Doing gift and trade campaigns are two things I'm working on. Trading is not always profitable, but there is a phase in which we suffer losses. Trading requires patience and we should also study the sales charts.

Now when monitoring market price movements, Bitcoin in a few months continues to dominate. I suggest you focus on investing in Bitcoin, and I suppose it will definitely make a profit.

Mianae

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Activity: 798

Merit: 14

You need to improve your trading skills, trading requires lots of time, learning about the market as well. To do well you must spend quality time learning and relearning on charts analysis. Without ability to analyse charts trading won't be profitable.

sunsilk

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Activity: 3038

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Quote from: ?? on ??

Quote from: sunsilk on August 25, 2019, 07:37:11 PM

There are numerous ways to start trading, one is to try it using with your own pocket means that charging it to experience the essentials and how real trading works. Think of it as sort of investment for the experience and don't feel bad if you fail in the beginning. It's easy to say to buy low and sell high but experience will tell you a lot.

Second, there are trading simulations that you can try online which is identical to exchange-trading experience like these:

Besides the website there is babypips.com which can give us knowledge about technical analysis. But in my opinion, the most important thing from trading is that we are able to control our emotions so that we are not exposed to FOMO or FUD

Never known that website but it's mostly for the forex traders. But I guess analysis from forex to crypto can be applied as I've known a person that shifts from one market to another.

It is inevitable to apply your emotions or become emotional when you conduct trade. For the beginners, it's basic to have that feeling and we can't blame them if ever they commit mistakes but experience will teach them on how to be neutral during their trades.

beachbummer

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Activity: 251

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You will be able to find some principles in this article:
https://www.publish0x.com/cryptobeach/how-sleep-night-while-trading-crypto-xwwlzw

In summary

Learn Technical Analysis (TA)
Your acceptable candlestick duration
Risk/Reward Ratio
Stop-Limit Order is your friend
Ensure sufficient liquidity
Be careful with Market Orders

Moiyah

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Activity: 630

Merit: 20

Start with the basics. If you want to become an altcoin trader, start trading in an exchange that has a friendly user and has an easy to understand system like binance. You don't simple just buy low and sell high but choose coins that are worth to buy. Learn charts and technical analysis and join groups that may help you to engage and learn in trading. There are tons of groups that can help you learn to understand vague terms and other indicators that you should know.

setialovers

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Activity: 812

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Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

Many websites provide knowledge about trading. Trading is risky and not everyone is suitable for trading and in my opinion, the most important trading in crypto is trading with coins that have a large transaction volume because it involves price volatility

funcryptoco

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Activity: 107

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Trading is not easy and many lose their money because of entering into trading without learning, first learn the basics of trading and then the methods and indicators.

sunsilk

hero member

Activity: 3038

Merit: 634

There are numerous ways to start trading, one is to try it using with your own pocket means that charging it to experience the essentials and how real trading works. Think of it as sort of investment for the experience and don't feel bad if you fail in the beginning. It's easy to say to buy low and sell high but experience will tell you a lot.

Second, there are trading simulations that you can try online which is identical to exchange-trading experience like these:

coinswebid

sr. member

Activity: 1092

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the simple rules is buy when the price in the bottom zone and sell when the price in the TOP area
always set a realistic profit target and cut your lost short mate

leatutz

full member

Activity: 523

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You can't learn trading in few days. I see two types of trade short time trade like everyday you have to do buy & sell. Another is long term trade, you should wait from 1 week to 2 months. For trade I do second one, because as my research I hold maximum two months then sell it.

Bountyhonter

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Activity: 406

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You can start by watching YouTube tutorials by top traders to get to know the basics of trading and how it works then you can start with a little amount as a test run. Trading is all about profit and losses so expect to loose once in a while.

inoes

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Activity: 1316

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United Crowd

My Trading Experience 1. Choose a trusted trading market
2. Learn the analysis technique, so that at least know the market conditions such as pump or dump, break out
3. Follow the Trend of the coins you hold, because if there is negative news then the coins tend to dump
4. Collaborate your opinion with experts, for example you follow the advice of the Signal / Forum
5. Separate capital and profits
6. Be patient and don't get carried away.

tycsols

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Activity: 812

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BountyMarketCap

If you are completely unaware of how trading works and you do not even know the basics of fundamental and technical analysis i will suggest you to stay away from trading and try to read and learn from searching online as much as you can and then trade at some demo account to practice and after satisfactory amount of practice for couple of months you can start trading but without following these steps and learning you will only loose while trading and also remember that active trading does require a lot of focus and time.

Ucy

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Bisq is a Bitcoin Fiat Dex. Use responsibly

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

There is no easy way to profitable trading than to learn trading well enough.
Watch good trading videos on youtube, Read good/easy-to-understand trading ebooks, practice live trading without risking your money.

Spend some time searching on youtube and Google for good video/ebook trading tutorials.

After learning those, you could practice your trading skill without risking your money here:
Altcoinfancy Simulation/Games
https://altcoinfantasy.com/

CoinMarketGame Simulator
https://coinmarketgame.com/

Niffler.co Learn Crypto Trading Simulated Crypto Traders
https://niffler.co/

When you are done with practicing, you could try trading with real cryptocurrency but only trade with what you can afford to lose.

mamahdedeh

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Activity: 812

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www.cd3d.app

the main thing you do is discipline in trading, that is, after you make the analysis and framework, then as much as possible you obey it. sometimes our analysis is wrong, but it is natural, because trading is an opportunity. but I'm sure with more experience, you will become a profitable trader consistently. loss is not the end to stop learning

raidarksword

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Activity: 2044

Merit: 16

Trading is not easy because anytime you could lose profit when lack of knowledge. So, it's best to study first on how to read chart and candles before engaging on vigorous trading sessions in order to sustain stable earnings while trading. Though sometimes loses are part of trader's life and it's inevitable but it makes a good sign as well to make you a better trader in the future. Most importantly is to take away greed always because it's the root of all failure while trading and always have patience.

Germining

sr. member

Activity: 778

Merit: 252

Get some low caps and hodl them. Look for different coins to lower risk.

I got SUMO 2 years ago and still hold them. Grab some of them, if you like an research some other low caps.

And get some bitcoin of course. Even if its only small party of them.

AltcoinsBattle

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Activity: 537

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No one will help you.
Trade is the path of the loner.
But there is something in common for everyone:
- trading system;
- risk management;
- patience and a lot of time.
If you have time for independent work or for paying for training a guru, study. Create your own trading system and trade on paper. If successful, then in small volumes on real assets ...
If you do not follow this, then this will be a gamble with an unpredictable random outcome.

Ridwan Fauzi

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Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

Can you move this thread to Trading Discussion you will find a lot of suggestion there and you can apply to be your strategy.

Moreover if you have ever made to trade which mean it is not something new for you cause the strategy of trading are same even you are trade in another place such as forex. I've been trading on forex before I knew cryptocurrencies and when I found it and tried to trade the strategy was mostly same.

Rubick99

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Activity: 484

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The first thing that you must do to started trades is let your losses gone, don't remember how much money you loss on the market. Second, don't be greedy to take the profit, even you know how good the market situation is.
Then, you can find your mentor or teacher to help you in trading. If you do it yours, it will be painfull. Because you don't know where the candle stick will go. And last advice from me is always manage your money when you will take position, calculate how much you will buying back, and always set your Cut Loss. I know how that feel when its touch Stop Loss price, but if don't it maybe can be more you will loss your money.

cytpoway121

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Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

Well; you can do trading
But firstly; recall your past experience in trading and figure how why you made losses

Then, go for trading lessons, practice with small funds and get better daily

domoy77

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Activity: 811

Merit: 250

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

From my experience during trading, buying when the market is down, not all of our capital is traded, take some of the shares and the rest to spare if there is a decrease again, it is to minimize losses

ethereumhunter

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Activity: 2912

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Leading Crypto Sports Betting & Casino Platform

The best thing you need to do now is learning about analyzing the current market situations. You can find the lesson from googling on many websites, or you can search on here about how to analyze the market. But that will not help you if you are not practising of what you learn because you need to have more experience to make a profit. The basic lesson of trading will be buying low, sell high but in reality, and it is too difficult to determine where is the low price. But if you could analyze, then I am sure you will get a sign to buy at a low price.

Byakuga

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Activity: 518

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You dont have to look for trading masters to teach you,im going to give you few trading basics

1. You have to wait for opportunities.
2. You need to figure out how to be tolerant, in light of the fact that persistence is the best way to win in the market.
3. You exchange against endless different exchanges, and the cash that you win is consistently another person's cash they are losing

Reid

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Activity: 3024

Merit: 651

Do you still remember how you lose?
That is one greater way to change how you trade.

Base on my own experience, I did learn a lot from losing frequently. Afterwards, you try making safe trades until you make enough profit for you to risk a large amount.

Remember, you must almost take back your capital. Trade the profits only, that way you have much regret.

Samboo

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Activity: 434

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www.thegeomadao.com

You can get mixed advice about trading. Instead of asking for advice, you can start yourself by reading the chart. As you start trading, experience will make you perfect. But start with a small investment. You should stay away from manipulation.

zero714309

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Activity: 749

Merit: 13

Join in forum or group with expert member in trading,they will also sharing good advice each other. But you need to learn by yourself with watching youtube,search about trading technical they will give you simple indicator for newbie. Dont forget keep hard working and keep learning,everything need process. Dont give up if you find something hard. Pro trader also suffering so many years. Control your emotion and dont be greedy.

Alluro

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Activity: 742

Merit: 19

You need to know about fundamental analysis and technical analysis to start trading. The fundamental analysis is based on future updates, news etc. The technical anaylis means about the charts. You can start lerning right now. The next thig is you have to choose a coin with decent volume for trade. If you invest in one or several coins, please keep in touch with those coins.

jazmuzika217

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Activity: 476

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Like other crypto activity,before you start investing specially in trading, you need to have some research and study about trading. It is the most risky crypto activity. Always remember the natural way of merchandising that if you have an small or enough amount of income you need to sell it and you don't have to be greed because it may brings you to loss.

X-ray

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Leading Crypto Sports Betting & Casino Platform

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

My suggestion you can now start to learn the RSI chart and how to catch the signal to get in or get out. This is the main thing in the trade that can bring you to the profit dude.
I suggest you try to explore how RSI works through this link
https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/RSI
or
https://www.investopedia.com/terms/r/rsi.asp
Basically, you can use another technique too.
Remember this you must learn the fundamental analysis too but as far as i know that to the easy point for you to trade just like just get in the market when the chart was getting a big bearish trend.

sujonali1819

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Need Campaign Manager?PM on telegram @sujonali1819

Since you already involved in trading so you have a basic knowledge about trading. So I should not repeat it again. Now I want to say in my experience that you should start trade after learning all things like how to chart works, need to know about all the indicator, how the trend works. And you need to read some high ranked news channel where you can find all true/valuable news about cryptocurrency. Keep in mind that news plays a vital role to dump and pump any coin. Good luck. Thank you.

Red-Apple

hero member

Activity: 1470

Merit: 655

the best advice i can give you is to stop asking for advice when it comes to trading cryptocurrencies. you won't get any good advice specially if someone is giving you the names of the coins you should buy.

instead, try trading on your own. analyze the market by watching the charts, if you don't know how to then start reading some articles about technical analysis and then follow the charts to learn fundamentals.

MisterLangley

member

Activity: 658

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You can activate yourself in the market to find out the price of coins. Trading in top coins is very good for you to do. You can quickly reverse your money if the coins are above. Another suggestion I can say is don't be shy to ask questions or discuss with more experienced people.

Samayuki

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Activity: 574

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There is different between fake trading platform and a real time trading,i honestly still cant find any good crypto trading platform yet with zero manipulations, even forex trading platforms are facing the same manipulations as i heard from friends,i stopped trading because i still cant figure it out but i belief the best time to trade is when bullrun is kicking in,more profits lower loss

OasisDre

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Activity: 532

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Olymptrade is no a real trading of coarse,no matter how smart you are you will always lose using olymptrade trading platform,if olymptrade is how you started your trading career you picked the wrong tool,you can use etoro or iqoption instead and try to learn more about trading,you can head to youtube for more real trading ideas

jrrsparkles

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Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

First you need to understand how trading works,simply buying and selling will make you in losses.

The simple and only rule of trading is buy low and sell high,so you have to buy when the prices are low and can sell it after the prices increase.

But it might happen in days or in months so you need to wait or can try day trading which is more risky compared to longer format.

bittraffic

hero member

Activity: 3038

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You can trade with just one indicator for starters, it made me some money as a long term trader. Not a lot of money but this can be worked out as you have time to learn more. Youtube tutorials are actually making it easy for those who wants to learn, seen some of it where it teaches how to use the fibonacci so you can day trade.

didzi

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Activity: 1092

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Hodlers Network

Quote from: DDante on August 25, 2019, 02:53:57 AM

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

learn how to analyze the chart correctly before you start trading mate,,
maybe you can find about that on youtube or google mate
so, you will understand when to enter and exit the market,,
and remember don't be greedy

DDante

member

Activity: 434

Merit: 19

Good advice is needed from you guys,i stop mining crypto because my mining rigs is obsolete now and bounties have promoted are not listed on exchange yet,the only thing left for me to turn to is trading,ive tried trading in the past and i did lose some money but now i want to find out how real trading works,any way to get started?Any advice might help,thanks

Topic: Trading advice needed (Read 486 times)