Topic: Where do you get trading advice and tips from? - page 2. (Read 796 times)
at first I learned from my friend a professional trader. it turns out that until now I understand a little and I learn based on the analysis I did and I also learned from several social media and youtube channels as supporters
those tips are often just speculation that you also can also come up with if you know how to read the charts. what you just need is to learn the indicators. don't fall for those in the telegram who says this token/coin will jump up, don't fall for it. you will never learn from it until you do it yourself and read the chart.
what you can do however is be updated with the fundamental news around cryptocurrency and regulators because they are part of the fud. fundamental analysis is also important, you can also buy and sell out of these fundamental analyses.
I remember the time that I was still a newbie in crypto last 2017. Since I didn’t have any “friends” that time who are into crypto and mostly are into online selling, e-commerce and network marketing, I self-study them by reading a lot of articles and watching videos on Youtube regarding the basics of trading, etc.
Most of the newbie and beginner friends I have insisted me to give them a “lot of time” to do step-by-step by doing this and that, etc. I just simply give them advice that due to my heavy schedule in my work, they should take time watching the videos, read more articles and learn more about trading in various crypto trading communities.
I have been around for 8 years, I am practically a veteran in crypto world, there are many people who have been here for 8 years or more, but the majority is brand new compared to me. Even with all of that I still do not have too much money because even though I was here, I didn't spend too much of my money in crypto, I even managed to mind 0.25 or so bitcoin with my laptop, that is how long I have been here and I still failed to buy a lot, which is a shame of course but I still consider myself lucky to be here.Most of the newbie and beginner friends I have insisted me to give them a “lot of time” to do step-by-step by doing this and that, etc. I just simply give them advice that due to my heavy schedule in my work, they should take time watching the videos, read more articles and learn more about trading in various crypto trading communities.
After all of that I still do not tell my friends what to do, I do not teach them everything, I just forward them to binance knowledge base and they can read everything they want there, which is what it was created for, if they are serious about it then they can read and learn a lot about it, if they are not serious about it then they will end up losing a lot of money.
As far as I know copy trading is done by people who offer trading strategies, and of course they will get a little money from the profits that occur. but even then we have to be careful, because many of them are not pro traders, so the risk is still borne personally
Haha, of course, I never said that we can completely trust copy trading, its just a small suggestion for newbies to choose someone they can trust and trade in a better way for them, the time that they are starting. At the very least, newbies will gain some experience along the way, which can turn out to be important knowledge, which is the good point of copy trading. And newbies can choose who they can trust, which is fine 
Usually i get tips and News from Telegram channel. Their tips are working so good and chart system is so good. Also we have Whatsapp group for crypto discussion where we discuss about coins and some tips get from friend here. I also joined one facebook group where meme coin are usually discussed.
I also usually get tips same as yours and their tips are really working so good but, sometimes I get tips from those people who knows a lot in this. Sometimes I do a lot of research for me to gain some knowledge. I gather as much as many information about this from anyone. I take those information that is most useful from his analysis and add it to mine then if it work, I will follow those tips but if not, I won't follow and move on and take other tips. These days, as more people become more aware of forex and cryptotrading, There are a lot of people giving unsolicited advice and tips as regards the subjects. The big question is who and where do you take your trading advice and tips from?
Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?
Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
Do you get your trading advice and tips from a self acclaimed trading guru on YouTube or some social media platform who sometimes make most of their money from selling courses and not really trading?
Or do you take trading advice from this forum?
Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
I remember the time that I was still a newbie in crypto last 2017. Since I didn’t have any “friends” that time who are into crypto and mostly are into online selling, e-commerce and network marketing, I self-study them by reading a lot of articles and watching videos on Youtube regarding the basics of trading, etc.
Most of the newbie and beginner friends I have insisted me to give them a “lot of time” to do step-by-step by doing this and that, etc. I just simply give them advice that due to my heavy schedule in my work, they should take time watching the videos, read more articles and learn more about trading in various crypto trading communities.
Usually i get tips and News from Telegram channel. Their tips are working so good and chart system is so good. Also we have Whatsapp group for crypto discussion where we discuss about coins and some tips get from friend here. I also joined one facebook group where meme coin are usually discussed.
If i got a problem in spot trading, although rarely to do it. Then sometimes i asked my friend who already in trading activity for long time what should i do. Like, it is better to keep holding, buy more or maybe do cutloss. Sometimes have more friends is good because they can help us with their experience and it can be good in trading activity espexially if we not have much experience in it.
It certainly they can give you some advice and tips but you also have to work hard in order not to rely on them. It was best to ask from our friends rather than to ask people online like joining signal groups, pump and pump as these are just a source of useless trading signals and they don't have such intention to help but only ask money from us. I really appreciate that such friends that willing to help, as I also did sometimes. But aside from collecting ideas from them, we can also do online searches and watching tutorials.
If i got a problem in spot trading, although rarely to do it. Then sometimes i asked my friend who already in trading activity for long time what should i do. Like, it is better to keep holding, buy more or maybe do cutloss. Sometimes have more friends is good because they can help us with their experience and it can be good in trading activity espexially if we not have much experience in it.
Lately, I am not following anything related to predictions about possible price movements! Bitcoin, or any other coin/token... The first reason is that I don't have enough time for everything I want, the second reason is that I am a bit tired of reading the same things over and over again! With some coins, all you need to have is patience and reasonable thinking! The prices are making crazy swings, and if you are waiting for some "reasonable" top/bottom, you will see that, most likely! By that I mean if you are waiting to buy Bitcoin at $10k, it's a bit stretched, and for sure it's not something reasonable, but if you are waiting for $30k again, that will probably happen! It's the same with tops, and other coins/tokens... in my opinion, anything can happen, and I base my opinion on the past +5 years... in that time I saw many crazy swings, swings in the direction nobody expected to see!
So... don't be greedy! Be patient! Timing for buying/selling is everything!
Better to have your own analysis and would follow on whats in it rather than on minding yourself on following others tips and suggested and if the time turns out that those tips are the So... don't be greedy! Be patient! Timing for buying/selling is everything!
reasons on why you had lost money then for sure that would really be giving out that regretful feeling which i can say to be stressful.Nothing beats out when you do make out
your own since when it comes to sources for various ways or indicators on how to read up charts and reading or realizing sentiments then its not actually that hard.
Lately, I am not following anything related to predictions about possible price movements! Bitcoin, or any other coin/token... The first reason is that I don't have enough time for everything I want, the second reason is that I am a bit tired of reading the same things over and over again! With some coins, all you need to have is patience and reasonable thinking! The prices are making crazy swings, and if you are waiting for some "reasonable" top/bottom, you will see that, most likely! By that I mean if you are waiting to buy Bitcoin at $10k, it's a bit stretched, and for sure it's not something reasonable, but if you are waiting for $30k again, that will probably happen! It's the same with tops, and other coins/tokens... in my opinion, anything can happen, and I base my opinion on the past +5 years... in that time I saw many crazy swings, swings in the direction nobody expected to see!
So... don't be greedy! Be patient! Timing for buying/selling is everything!
So... don't be greedy! Be patient! Timing for buying/selling is everything!
Cryptocurrencies are speculative assets and from what I have learnt is markets always become bearish when an influencer person makes a demeaning comment about crypto, regulation talks are against crypto or crypto miners being negatibely affected, the outcome is bearish and an opposite reaction makes markets bullish.
With all this information available you can easily tell which direction the market will be taking, though at times the reactions of markets are short term.
With all this information available you can easily tell which direction the market will be taking, though at times the reactions of markets are short term.
I am open to guidelines irrespective of where I am getting it from. When it comes to trading every single person has their various approach to the market. For me I gather I much as I can carry open to learn from anyone. Take what is most useful from his own analysis add it to mine if it works I buy the concept if it doesn't i move on.
According to my point of view i always get the knowledge from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.
The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.
come often which simply means that you cant just rely on it and you wont be having no choice but to use this another way of predicting on prices.Dont easily get hooked on other calls and sentiments or tips.
Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.
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Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.
Well, there is nothing wrong if you will look some time in other's analysis, but only making this as a reference of course. Pure technical analysis will not give accurate results in trading, sometimes you should listen to the point of the fundamental analysis which is very common when there is a trending coin. However, there are too many platforms that can help you to build your own analysis as you are also another tool of analysis. Advice and tips are very important, when you know the tips, it is very easy for you to solve the puzzle since you have already a clue, all you have to do is verify their work. Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.
According to my point of view i always get the knowledge from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.
The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.
come often which simply means that you cant just rely on it and you wont be having no choice but to use this another way of predicting on prices.Dont easily get hooked on other calls and sentiments or tips.
Better to create your own and it would be worth to follow it but its not bad to see on others analysis as well.So it would just depend on you.
According to my point of view i always get the knowledge from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.
The charts are graphs are common way of determining what's going to be the next move for such coins. If you're a day trader, you'll mostly used it all of the time because it's what you need to decide whether you're going to buy that coin or sell it or simply hold it.You'll get the idea of what will be the next pattern for that coin if you happen to be good at reading charts.
for trading tips I prefer to learn from my friend where he gives practice and knowledge to me rather than through social media platforms or others just giving theory without giving powerful practical tips.
There are good and bad things if you source out through social media. Some are just there to scam you and won't really tell you the actual strategy or just playing as an expert.Some will sell their 'courses' for you to become a better trader, some sell real courses and some sell don't.
If you have a direct source and that's your friend who's been practicing trading, you better to be closer to him most of the time.
Ask for everyone but never in Groups in telegram because they are all BS and Liar they will never even give you a decent advice on what to buy rightfully .
According to my point of view i always get the knowledge from the coins previous charts and graphs etc which give us much knowledge and that's it. Because it repeats itself and the main point about that read the coins more and more then only you can get benefit.
Wrongly mate because going back to the past track will lead you to bad investing , Because history never repeat itself though sometimes happen . legendary
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Through internet of course, because most of the good traders nowadays were sharing their knowledge about doing trading, such tips and strategy. It's very helpful to be honest and for me through youtube is the most informative. because you can see how they do the things especially when it comes using indicators and etc, in my opinion i can say it's much better than reading some articles or books..
How many of those youtube traders that you're following predicted this ugly market we're currently experiencing? 90% of the youtubers parading themselves are traders don't have a clue of what they're doing. They're basically doing that for the views, I bet they get all they update form somewhere else which is why their content always look similar.
They follow the hypes and trend, for weeks now I have seen video of them all calling for the bounce but yet nothing has happened. Example is what the meme like shib when it was trending, u saw countless amount if videos pumping up in my feed that e begin to become disturbing. All were predicting how the next run is about to happen but now they're all gone.
We have authentic traders though on youtube but be very careful who you intend taking your advice from and don't just blindly follow instead you take them as a guidelines into your own traders.
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