Trading Answers | Bitcointalksearch.org

cryptonx

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Futurov

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

yes, the key of trading is we must know when the right time to enter the market and exit the market in profit or by cut our loss short mate
and use max of your funds not more than 5% in your trading activity to reduce the risk on our trading activity my friend

gaston castano

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everyone has their own way, and I think what you say has a point, but some people choose to trade in large numbers, the goal is to get a lot of profit and they also know the risks.
I also often lose in trading, so just enjoy it, do not need to think about it, what happened can not come back, better think for next.

Genemind

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Applying the basics of trading would tell you when is the perfect time to trade. Buy buying at low and selling when the prices are high is a good strategy for you to start trading. Being greedy would only lead you into losses. Just like in gambling, being too greedy might take away all that you have so you should know your limits.

mrdeposit

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Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

The topic of when to start trading is a very debatable topic, the right time can be different based on your strategy. This is something that requires longterm experience that newbies need to discover in themselves.

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

Greed is a feeling that we all need to fight, and we will not be able to advance far without defeating it. Also, it would be more appropriate to use "move according to your balance" instead of "low amount".

setialovers

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Quote from: Rufsilf on October 08, 2019, 06:41:50 AM

Quote from: Wysi on October 08, 2019, 05:35:24 AM

Quote from: zeze18 on October 08, 2019, 04:42:56 AM

Quote from: Vitamin_52 on October 08, 2019, 02:44:25 AM

It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

Nope. Technical analysis is quite useful for daytrading.
You could see tradingview , there you can find top crypto analyst and some of their prediction is accurate.

I am not sure if technical analysis is still useful or not as it has not helped me much in quite some time now but it used to be useful during initial days. As the situation has changed now wherein there are so many predictions but less number of believers for those predictions due to the fact that the price wave going against the prediction. This is my personal opinion as it might have helped you.

No, in a certain thing/time that TA's are very helpful but what I could see with the market today...is purely unknown. The market is so unpredictable, not in a single that we might be able to foresee its movement. If I were a trader today, I'd never want to used this strategy or to have any market speculations but rather to stay focus in every market changes, this is the only that could help to be guided.

I think technical analysis is still useful in the cryptocurrency market because in my opinion TA describes the psychological market and also the demand and supply in the market. For short-term trading, I think Technical analysis is useful for determining the trading position that we will execute

Rufsilf

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Quote from: Wysi on October 08, 2019, 05:35:24 AM

Quote from: zeze18 on October 08, 2019, 04:42:56 AM

Quote from: Vitamin_52 on October 08, 2019, 02:44:25 AM

It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

Nope. Technical analysis is quite useful for daytrading.
You could see tradingview , there you can find top crypto analyst and some of their prediction is accurate.

I am not sure if technical analysis is still useful or not as it has not helped me much in quite some time now but it used to be useful during initial days. As the situation has changed now wherein there are so many predictions but less number of believers for those predictions due to the fact that the price wave going against the prediction. This is my personal opinion as it might have helped you.

No, in a certain thing/time that TA's are very helpful but what I could see with the market today...is purely unknown. The market is so unpredictable, not in a single that we might be able to foresee its movement. If I were a trader today, I'd never want to used this strategy or to have any market speculations but rather to stay focus in every market changes, this is the only that could help to be guided.

Wysi

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Quote from: zeze18 on October 08, 2019, 04:42:56 AM

Quote from: Vitamin_52 on October 08, 2019, 02:44:25 AM

It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

Nope. Technical analysis is quite useful for daytrading.
You could see tradingview , there you can find top crypto analyst and some of their prediction is accurate.

I am not sure if technical analysis is still useful or not as it has not helped me much in quite some time now but it used to be useful during initial days. As the situation has changed now wherein there are so many predictions but less number of believers for those predictions due to the fact that the price wave going against the prediction. This is my personal opinion as it might have helped you.

zeze18

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Quote from: Vitamin_52 on October 08, 2019, 02:44:25 AM

It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

Nope. Technical analysis is quite useful for daytrading.
You could see tradingview , there you can find top crypto analyst and some of their prediction is accurate.

Inkdatar

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Quote from: Vitamin_52 on October 08, 2019, 02:44:25 AM

It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

In trading industry that’s the flow in the market we may seen it at a dump stage of price and it may surge up. So usually the volatility is comprising. True no one can predict the price and during trading always be reminded not to be emotional and not to be greedy. This greed will ended up losing money once it’s in our system.

leea-1334

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Temporary forum vacation

Quote from: Bezobraznike on October 07, 2019, 04:05:37 AM

It is hard to trade and to use analysis for crypto-market because this market is new for everyone. There are no experts,
this is not an exact since, people use what they can in order to make some profit. There are people who are more lucky,
or they found some method that works for them.
Every person has different time period for trading, not everyone can watch charts for hours. With different time for trading,
different bankroll, different exchanges and fees, each of us should find what suits us best. Find your position and try to make
the best from it.

Good point and sometimes a point people do not understand.

Very hard to do analysis when you only have a few good years of trading data to understand. For me prior to 2016 is very difficult because the data was easier to manipulate and only happening in a small volume with small population of traders and exchanges.

Currently,,, it is also full of manipulation but much more reliable! But we need maybe 5 to 10 more years of data for meaningful checking.

Vitamin_52

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It is quite difficult to predict where the market will go, sometimes at the recovery stage, a small increase and again down. No analysts can predict the bitcoin graph. Technical analysis is absolutely useless here.

Rebisco

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Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

You need a lot of time and effort in order to know when is the right time to buy and sell cryptocurrencies. It is really hard to study at the beginning because of the chart, but I committed to mastery and that's why I became full time trader.

pieppiep

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Quote from: BlacksmithCorporation on October 07, 2019, 10:42:49 PM

Quote from: christian07 on September 26, 2019, 09:08:42 PM

In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide

Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto

Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good.

The news will only make people panic, and that is why they cannot see a chance to use the news, and they only get lost. Sometimes the news will not have any effect on the market because traders will think about searched on the other news that can be used for another source to compare the reality. So far, I don't rely on the news itself because I prefer to analyze the current market to see what is going on with the price so I can decide on what I need to do.

Maybe you can use the news when you find that the news can be fake news and makes people panic so you can get the benefits from the news. That will be your chance to get a low price when the price is dumped too deep. But if there is nothing happen with the market, you don't have to do anything except waiting for the price to go up or down.

matchi2011

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Quote from: BlacksmithCorporation on October 07, 2019, 10:42:49 PM

Quote from: christian07 on September 26, 2019, 09:08:42 PM

In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide

Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto

Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good.

News can be used as basis in regards to positioning your entry or exit points while trading. It can help you to figure what to do next especially when there's really relevance to the current market situations. Use this information to be well guided and not to blindly follow any trend.
And like what you've just said, there's also fake news to create panics so you also need to verify the legitimacy of whoever forecast the information.

akungagal

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your advice is very good for a new trader.
i think you are right, trading twice a day is enough and one of the most important is being able to control yourself.

indeed everyone has their own perspective in trading, but i like the way you trade. i think the way you trade is quite safe in my opinion.

NathanJB

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It is great that it works for you. You seem to be cautious in your trading decisions. That is really the good way to go in trading. There is no need to rush. Rush decisions in trading will oftentimes end up a bad decision. Rush means emotions are running high. One has to take time studying the chart, waiting for the best entry, and making a moderate order.

One thing though. Take the opportunity to make buy orders when the market has not recovered yet. You are given a chance to buy coins at a cheap price during red times.

BlacksmithCorporation

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Quote from: christian07 on September 26, 2019, 09:08:42 PM

In trading you need to rely more on news like you need to risk in this way like the market is really volatile because this is really worldwide

Then buy only little by little and with gap like example buy if the time of btc are around $10000,$8000,$6000,$4000,$2000 but if you can't afford then don't do invest then you can back anytime here in crypto

Trading on news is a bad option, news always comes slow, when I know something, the price goes up or down, and there's also fake news. Depending on the news in the transaction, I would lose the initiative, which is really not good.

jcpone

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Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

'
Trading is a matter of how you will discipline yourself when you are in the actual trade. I agreed, the being greed will only push you into losses
of you coins. And for us to succeed on trading let us use TIMING in a properly procedures. How? when you see the market is bleeding, I mean the price is falling, were many of the holders are panic, worried because of the situation, that's the right time for us to take advantage to buy at low price then hold.

crossabdd

legendary

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Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

actually there are two analyzes in crypto trading (including forex), namely technical and fundamental analysis, but read your posts. that includes 70% is technical analysis. You are right, if someone asks about starting a trade. self control is the main. including making profit and loss targets. time to trade, patience, and without emotion. the limit in technical analysis is looking at price reversals. and must carefully analyze the graph. if you rely on it, beginners must really be patient without emotion. to make a profit.

Maslate

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Quote from: cahbagus555 on October 07, 2019, 02:37:29 AM

Quote from: Kvalentine on September 26, 2019, 04:08:47 AM

Someone send me a message asking me that how will i know when if bitcoin will go up or down when trading? and is trading based on luck? when i decide to answer the question openly, trading is risky as well but you can indeed limit your loss if you know when to trade.

1. When to trade
I belief that the best time to trade is right when bitcoin recovery takes place, the moment price stability occurs is another good time for trading or when price start surging.

2. How to trade
Actually in trading you need to put aside your greed, once greed gets over you losses will follow, limit your daily trading too or you will open door to losses, trade twice a day is enough, always use low amount when trading, do not trade with big amounts, slow trading wins the race.

i am not perfect as well and i have lost some money in trading before i figured this out on my own and it works for me.

I think it's hard to explain good trading methods because everyone has different analysis and how to read markets. In my opinion there is no strategy or analysis that is sure to provide profit because every analysis can be wrong. But with that mistake, we can learn from experience and develop better strategies

People could experience a lot just by trading a quality coin. Ethereum has many perks.

As a trader, we always have our own analysis and that ours might not work for others. But with bitcoin and ethereum, they are both potential coins and can give us profits if we trade them when their prices are already stable. If their prices are still very low, then it would be the best time to start accumulating them and only trade them when their prices are already surging.

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