Very important tips in digital currency trading - page 5.

Lanatsa

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Quote from: Bitinity on April 25, 2019, 03:30:56 AM

Quote from: Haunebu on April 25, 2019, 03:00:41 AM

These tips that you shared are common knowledge and nothing new in my opinion, but good effort nonetheless op. The best tip that you can give anyone in the cryptocurrency market is:

Buy High and Sell Low -> No more tension!

This would be the worst tip ever LOL
Only dumb people will follow above tip "Buy High and Sell Low", as it is just like people will donate his money to others without knowing the person who receive the donation.
Nice joke by the way

Actually laugh on it when i do read up that common mistake of traders of buying high and selling low. Grin

Maybe this is just some mistake yet its somehow confusing sometimes on writing up Buying low and selling high.No dumb person would advise
to make other people lost their investments.About on the tips above on op,these are just the basic ones which had been discussed for a hundred
times already.

playboy654

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Any type of digital currency trading is definitely need to be handled by some experience trader because it will not be easily accessible with the hands using your knowledge only you can make it successful through your trading Experience so I think it will be easily and it using these tips given in this topic.

whirlcoin

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

my opinion is don't follow any other strategies in your own trading because it will not suitable for you for a long time so making your own experience on strategy will always helpful in digital trading.

Kulkhan

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

Very Important And Helpful Tips. It Is Also Very Helpful For Me . I am new Traders I Was Need Such Kinds Of Tips. Not Only Helpful Tips For New Traders But Also Helpful Tips For All Traders. Thanks A Lot. Hope I will Get More Tips In Future.

akram143

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

don't be panic in any situation of the market because if you are panic then all your previous talks about trading will be collapse then making their survival here is it difficult for every investors so this point is most important for trading

Magkirap

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

Very detailed and informative this can help newbies and even us to trade well because some of them are still in doubt about trading but it was helpful to gain more information, you need to be responsible and put some effort on learning about it because we all know that trading is not easy it takes a lot of time to earn profit but it is worth it. Watching videos and reading articles can also help you to do trading. These are the things we need to know because it is really important so we can avoid regretting because we miss some chance and opportunities.

mersal

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The world is developing a lot and we use different types of strategies to improve our trading techniques but sometimes any type of things where going to the flow it will not been successful so that option is always helpful for us to make the success in creating we need to be guided by the experience people then only I will be successful

Genemind

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

This are the things that you must learn first before trading. Before trading, you must make sure that you are really aware where you are putting your money-in. Any investment or anything that involves money needs to be studied and researched first before getting engaged.

Being too emotional in trading will only make things worst. Always make a back up plan and plan ahead before starting to trade. This way you can avoid panic and making bad decisions.

Diversify your investment, do not put all your eggs in one basket. This way you can avoid risk of losing everything and you can have a wide range of opportunity to manage risk.

gantez

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You have a good tip and guide for new traders but I didn't see anything like invest or take a risk that your account can bear or even emotion. This is important to avoid taking much risk and regretting later .

Sonu_titu

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Quote from: Kakmakr on April 25, 2019, 03:46:44 AM

Buy LOW and SELL high is the oldest advice in the world and this should be common knowledge to the most inexperienced trader out there. The ability to spot the LOW and HIGH price comes from proper research and ignoring FUD that is spread on social media and news platforms.

My advice would be to keep calm when the price are dropping rapidly, because Bitcoin and Crypto currencies are VERY volatile and SELL only a small portion of your total coins when the price increased with more than 50% Wink

Personally speaking it is very hard to figure out the Exact price of Low can high. It is always a range that we figure from where the price may change the direction and it is always a prediction not necessary that the price will change the direction.

So the better advice would be having stop loss even after setting bets based on the analysis.

goaldigger

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You posted on a wrong thread mate. It should be on the trading discussion section which is obviously stated in your topic. But anyways, the most difficult part of trading is controlling your emotions. All of your decisions are affected by what you feel and decisions is very critical in terms of trading.

kurian

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Quote from: Haunebu on April 25, 2019, 03:00:41 AM

These tips that you shared are common knowledge and nothing new in my opinion, but good effort nonetheless op. The best tip that you can give anyone in the cryptocurrency market is:

Buy High and Sell Low -> No more tension!

Is this a mistake or sarcasm? Cheesy

Anyway, Buying on rumors and selling on the news is my strategy. I have made a fair amount of profit using this. To do this you have to be updated on crypto market news, telegram channels, youtube videos and anywhere you can get up to date pieces of information on the current markets.

ttcsalam

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Quote from: Hachouma92 on April 24, 2019, 03:09:24 PM

These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

I am agree with your good advice.It will help to ordinary person who is coming fast in this trading section.

Harris Stevens

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I do believe someone that has started know these basic steps but it is good information for anyone seeking advice on trading.

Kakmakr

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Buy LOW and SELL high is the oldest advice in the world and this should be common knowledge to the most inexperienced trader out there. The ability to spot the LOW and HIGH price comes from proper research and ignoring FUD that is spread on social media and news platforms.

My advice would be to keep calm when the price are dropping rapidly, because Bitcoin and Crypto currencies are VERY volatile and SELL only a small portion of your total coins when the price increased with more than 50% Wink

Bitinity

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Quote from: Haunebu on April 25, 2019, 03:00:41 AM

These tips that you shared are common knowledge and nothing new in my opinion, but good effort nonetheless op. The best tip that you can give anyone in the cryptocurrency market is:

Buy High and Sell Low -> No more tension!

This would be the worst tip ever LOL
Only dumb people will follow above tip "Buy High and Sell Low", as it is just like people will donate his money to others without knowing the person who receive the donation.
Nice joke by the way

Haunebu

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www.Crypto.Games: Multiple coins, multiple games

These tips that you shared are common knowledge and nothing new in my opinion, but good effort nonetheless op. The best tip that you can give anyone in the cryptocurrency market is:

Buy High and Sell Low -> No more tension!

Dreamchaser21

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Great tips!

First - As a trader you don’t buy coins easily because you have to timing the market and its good to study first before you trade.

Second - trader don’t have to buy on always cheap price usually you buy because the chart says it and that’s better i bellieve.

Third - Traders should set aside their emotion, panicking is not good and you must stick with your cut loss level and profit taking level.

Fourth - traders and investors should diversify, that’s the firsrt rule in this market i think. Trader also need to study more coins to maximize the potential of the market.

Fifth - Different exchanges and different coins, so I agree to have more exchanges than to use only one.

sunsilk

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1st this topic is a trading related discussion, move this thread to Trading Discussion.

The fourth one, it is applicable to majority of altcoins but if you will do this to bitcoin, I don't see any problem doing that with it. Although it is a good suggestion to diversify but you must know where you are diversifying. You haven't mentioned the popular tip of 'invest what you afford to lose'.

Hachouma92

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These are some important tips in the area of currency trading

I hope you benefit beginners in this area

First: Do not invest in any currency before studying it thoroughly and searching for it in depth

Second: you should always buy at the lowest possible price try to buy the currency when it decreases
To the lowest levels and avoid buying on the rise or when it is at the top of the rise
They may go down at any moment and dramatically

Third: Avoid panic when the currency devaluation and do not rush to sell it because it may return
To rise again you must be very patient during trading

Fourth: Do not buy one currency with all the head of the owner, this is very dangerous, which fall
The currency will result in your loss of everything you own or a large percentage of your money

Fifth: Do not rely on a single trading platform and put all your money, but must

To rely on a range of platforms known worldwide

Topic: Very important tips in digital currency trading - page 5. (Read 875 times)