Topic: Trading Tricks For Newbies - page 6. (Read 22543 times)
tricks for trading beginners must know the price of coins up and down the price, first I learned to trade by buying coins whose prices declined and selling those coins at high prices, we trade must have an advantage
we need definitely and experience in trading otherwise out of it will definitely be very low so make some experience and trade more.
Experience is important in trading,just as you've pointed out,but experience comes with time and how long one has been trading,the longer you trade,the more familiar you are with techniques,methodologies,analysis etcSo for a starter it's best to always cut low on your first investmen,and try to learn and garner knowledge through trading with very little capital,and as time goes on you'll be able to learn more tricks that's needed to be successful in trading on a larger scale
Here are some tricks if you are new to crypto world.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
in my opinion we cannot see based on whether the coin or market is in a dip or not, because in this case our assets involved with the amount of coins on the marketcap can actually be dangerous. it's better if you try to learn technical analysis first, surely to check the pattern of the market that we want. And not buy just based on the current market.
Here are some tricks if you are new to crypto world.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
This is not really a trading trick. I think most traders apply this way of working anyway. At least I do. Something very crucial is not to put all your eggs in the same basket but to spread over 3-5 different positions in the same coin.
My opinion is that you should change your topic title. Cause even this strategy can be deathly for newbies.
On my advice also mention in your post that people must do a little research first. As you explain it looks like you can do it on every coin. You must at least mention in your post that people must look at the chart of at least the previous 2-4 weeks. Cause for example when they buy a coin in a dip but that coin pumped 50-100% in the previous days or week. So it is very likely it will retrace entirely. So even when entering 3 times the coin can keep dipping and then you get stuck with coins that maybe dont pump in the next days or weeks.
So certainly newbies can be burned in this way. They should always check previous 2-4 week chart what the coin did before, check for some support or resistance levels,.... There is just much more than just buy 3 times into a coin when its dipping.
I am using dip strategy myself but I use this strategy to make fast 0.5-1.5% profits
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I thought you were mentioned the trick how to pick profitable coins but seems i was wrong about that and the profit from crypto trading is depend on which coins would you hold because some of coins cannot recover the price and became an dead coin and if you pick wrong coins then i'm very sure your method will never working well
There are many tricks to pick a profitable Bitcoin and it's difficult to do a crypto trading to all should hold the coins because also can't recover the some dead to pickup a wrong coins this also a one trick in Bitcoin to do a profitabley .
Lol. How did you come up with these trading strategies? Like based on what facts did you establish that this way is profitable? You are telling us to keep holding even if we see that the price is dipping and then to buy more when it has taken enough dip? Isn't it better to sell off your investment when you see that the price is dipping and to buy your investment back when it has dipped enough? Wouldn't that be more profitable?
I don't do anything specially for trading this is the trick I followed for long time because we don't need any tips and tricks that we need definitely and experience in trading otherwise out of it will definitely be very low so make some experience and trade more.
Lol. How did you come up with these trading strategies? Like based on what facts did you establish that this way is profitable? You are telling us to keep holding even if we see that the price is dipping and then to buy more when it has taken enough dip? Isn't it better to sell off your investment when you see that the price is dipping and to buy your investment back when it has dipped enough? Wouldn't that be more profitable?
It will take a very serious mind for someone to follow this strategy and really makes profits because investing when you at loses is a very hard thing to do.
Why investing when you are at losses is a hard thing ? I don't think so because you are getting another opportunity to buy the same coin comparatively cheaper than your previous entry. You must need to be glad because you are getting better buying average prices at the same time these are all applicable only when you are believing into that coin to be bouncing back at any time. That is the reason you must choose a coin after heavy researches, so that you can keep on buying at dips.I believe that now should be the right time for us to learn many things about this market.
There will be no right or wrong time for learning. It is a continuous process, you must keep doing it all the time so that you can stay competitive in this heavy volatile markets. If you get bored of learning then you will be thrown out of this market at any time once you become outdated. 
doing research and the movement of coin prices in the market is indeed very important for a new trader, and I think for beginners too big for example using 900 $ capital, because not necessarily also a beginner with large capital he will get a big profit too, it could be defeat the bigger they will get, so for me for a new trader using 200 $ of capital it is more than enough for them to be able to learn to do their trade.
Here are some tricks if you are new to crypto world.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
It will take a very serious mind for someone to follow this strategy and really makes profits because investing when you at loses is a very hard thing to do. I have tried this during my forex trading and I do lose heavly . I believe that now should be the right time for us to learn many things about this market. For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
Buy High, Sell Higherer
Easy to say right? 
but when we already bought a coin it will go down. no higherer but in reality it is sell low . Maybe your theory will work when a coin get pumped, or maybe listed in new market.
I find no special tricks above. For me, those tricks are just common strategies for beginners. Also, I don't see you recommend certain coins for newbies to buy. I think you also need to suggest newbies to buy the safest coins for investment. Many people asked about what coins that are recommended to buy for beginners. Personally, I recommend to buy top altcoins.
Other than suggesting for not going with all our capital, I am also not finding any special tricks but there could be more number of new traders who might be finding these tips most useful for them. Also even we are all aware of such tips, it is always good to have this kind of discussions to recall those strategies so that we can remember while making trading decisions. OP is suggesting about going for low volume coins but I am also not finding that is a right tip because we cannot expect all the low volume coins will be raising any time soon but most of them will get delisted from exchanges as far as I have seen. It is always good to go with highly reputed/major coins otherwise simply sticking with bitcoin is more than enough tip for beginners. I am also always suggesting to go with top coins because I am honestly doing that alone, I never risk my capital with new or unknown coins.
I find no special tricks above. For me, those tricks are just common strategies for beginners. Also, I don't see you recommend certain coins for newbies to buy. I think you also need to suggest newbies to buy the safest coins for investment. Many people asked about what coins that are recommended to buy for beginners. Personally, I recommend to buy top altcoins.
I found its a good strategy, some of my friends suggested the same technique, which is to diversify and got some backup cash to buy again if the price fall down deeper, just a suggestion if you are a newbie buy a famous coin to invest, it doesn't necessarily buy hitcoin you can buy xrp or eth, dont buy ico or cheap alt coin, because it will need time to rise and maybe the price won't rise, follow some trading signal group could be helping you to trade
Dollar cost averaging's definitely one of the better tips most people don't realize, as many people just deposit and buy at the same time with all the money they've deposited. This doesn't typically pan out in a bear market where prices could continue to go downwards (e.g from 2017-now), but you can lower your average cost of entry by staggering buy orders by time.
You can also try staggering buy orders by price so you get the coins you want at a certain price. I've been able to buy in at a great price several times just from staggering buy orders at higher and lower prices.
You can also try staggering buy orders by price so you get the coins you want at a certain price. I've been able to buy in at a great price several times just from staggering buy orders at higher and lower prices.
Buy High, Sell Higherer
Easy to say right? but when we already bought a coin it will go down. no higherer but in reality it is sell low . Maybe your theory will work when a coin get pumped, or maybe listed in new market.Anyway, OP just said what is buy low and sell high. And for your complaints, there are lots of coins actually that has the potential to grow in the future, you just have to find and research accordingly to their situation. Holding will work in any situation especially if the market seems to drop most of your investment.
If you are buying a token that is not yet mainstream then it will be a problem.
Go to tokens that are being sold and bought at large amounts.
There are two sides to the story though. I do agree that it's better to stick to that what generates decent volumes and has a listing on various large exchanges, but that could also mean that your buying opportunity is over.Go to tokens that are being sold and bought at large amounts.
Tokens tend to lose most of their value after them being listed on exchanges because people suddenly have multiple platforms that allow them to unload their bags because they bought in at the very early stage.
Investing in tokens is gambling because no one cares about their utility. The trick is to buy them when no one wants them, and sell when they gain some traction and get rich quick noobs think it's time to enter.
Here are some tricks if you are new to crypto world.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
For me i found it good to use 3 part trading trick.
1. Suppose you have total budget of 900$, first thing is do proper research before you invest. Once your research is done , buy coin of worth 300$....
2. Now look into market, if you think you are in profit then book your profit and wait for dip, but if you are in loss then wait some more time for more dip and pick some more coins.
3. now if you see market dip more and more, then wait and wait for best time and buy for further 300$. By this way you can balance your high purchase with low purchase because at some moment it will pump if you think you invest in good project.
So 3 part trading is best thing.
Look at the case of Neo. Neo reached $160, imagine if someone used your strategy, the person would be with reasons to be panic and angry because the price of Neo in the current day is in the $7.
Buy High, Sell Higherer
Easy to say right? but when we already bought a coin it will go down. no higherer but in reality it is sell low . Maybe your theory will work when a coin get pumped, or maybe listed in new market.this reminds me in the past: when I bought a coin, hours later the price of the coin fell and I would panic and sell, days later or weeks later the coin would recover and rise. Dude, I got really angry
That is not a trick but a basic rule in trading.
You will need to catch up if you are on the losing side. That is why you are buying more to at least cover up with the losses.
Gain a little profit and somehow do it all over again.
It takes time though.
If you are buying a token that is not yet mainstream then it will be a problem.
Go to tokens that are being sold and bought at large amounts.
You will need to catch up if you are on the losing side. That is why you are buying more to at least cover up with the losses.
Gain a little profit and somehow do it all over again.
It takes time though.
If you are buying a token that is not yet mainstream then it will be a problem.
Go to tokens that are being sold and bought at large amounts.
Good strategy for newbies but always remember that no one can say what will happen for it's price either it's gonna pump or dump. Also starting in trading before newbies will start also remember trading is a risky investment.
It's not a strategy or tricks at all. OP just give an example of "buy low sell high" system.
Remeber that altcoins are way more volatile than bitcoin. No way people can just applied the "buy low sell high" system easily without a sweat. Technical analysis won't help too at some of the cases. What people need is to build experienced dealing with the volatility of other alts.
There are many tricks to pick a profitable Bitcoin and it's difficult to do a crypto trading to all should hold the coins because also can't recover the some dead to pickup a wrong coins this also a one trick in Bitcoin to do a profitabley .
I don't understand what you are trying to point out here.
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