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Topic: Where do you get trading advice and tips from? - page 4. (Read 796 times)

jr. member
Activity: 71
Merit: 5
This reminds me that I once signed up for a trading course for 500 dollars. In fact, it only teaches you to look at the technical indicators. Now these contents can be seen on any website. Sometimes they will recommend 1-2 coins. I tried to operate for a while and it was profitable. But not all of their recommendations are correct. In my opinion now, it is not difficult to pick a few high-quality coins in the bull market.

Now I will read some trading books and trade with the dealer. And try them in the trading strategy.

Practice is the best teacher.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
I use every resource we have like telegram, our friends, everything available online. Sometimes we can hear conflicting ideas but it is just us who evaluate and made a final decision. Collecting ideas/advice is very important as a beginner but we don't just rely on them forever, we also have to find a way to make ourselves moving up without them.

Experience helps us a lot in learning how to trade and the more we engage in actual trading, the more we can get ideas.
That's good way of gaining good knowledge and experimenting. Myself too have the similar trading practice. Used to follow few experts who used to give suggestions on selecting the right cryptocurrency at the moment. This at times doesn't work as predicted, so later on myself started to have experts view as a reference and make my own choice on selection.

As mentioned in the quote, it is true that more the experience more will be the ideas we get in predicting the right cryptocurrency and the right occasion to make the investment.
sr. member
Activity: 2436
Merit: 343

Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?
I use every resource we have like telegram, our friends, everything available online. Sometimes we can hear conflicting ideas but it is just us who evaluate and made a final decision. Collecting ideas/advice is very important as a beginner but we don't just rely on them forever, we also have to find a way to make ourselves moving up without them.

Experience helps us a lot in learning how to trade and the more we engage in actual trading, the more we can get ideas.
member
Activity: 187
Merit: 10
In my early stage of trading i do take advices from forums like bitcointalk more precisely, and also watch YouTube videos as well to correct my mistakes, but as time goes on i met a mentor who tutored me and gave me advices on what to do and what not to do, so ever since my trading skills developed and my mistakes became less. So in a nutshell i could possibly say having a mentor is really a good point and will surely help your trading career.
sr. member
Activity: 2422
Merit: 357
Trading advice is fine but if you’re going to follow it without confirming the advice, that’s the most risky to trade because you’re too dependent and that advice might be invalid so better to analyze it as well.

I joined a local telegram group where we talked about trading and opportunities, but they never force me to follow that advice instead their advice to have my own analysis before I trader which is the right thing to do.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
I don't need to depend on some signals before I could trade or analyze the market. As a trader or market analyst,  we don't always get it right, the market is not running and always there to attend to our corrections and continuous struggles to attend the optimum level when it comes to market analysis. The signal I get from the market determines how I will be place my trades either selling or buying a particular asset or coin
sr. member
Activity: 1610
Merit: 264
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Just like what jackg mentioned, it is all just from history for me as well. Experience to be more specific.
I rather pay for learning from my losses than paying for some random guy in the internet claiming s/he earned a lot from forex and crypto trading while just eyeing on grabbing my money. Cheesy

When it comes to technical stuffs like indicators in trading, I usually just go in Youtube and watch how each works.
sr. member
Activity: 1764
Merit: 260
Binance #SWGT and CERTIK Audited
Most of the trading advice that I receive aren't directly said to me. They were for the mass. Those advice for trading are from those people that I know who has a good status in their trading career. That's where most of the advice came from, few are from my friends who know how to trade and read charts.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
I do learn up things on my own but i do make up searches if i do have some questions in mind and since everything could be googled then you can make out self learn.

Its not easy to do so but its better to have that rather than on following into someone which isnt worth to do so if we can make our own but be always open minded about

accepting others idea for your own benefit too.So this would vary on your own because decisions will really be entirely different to each other.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
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?

I do joined some telegram groups for the tokens that I hold, but I don't exactly follow their motivations because what I seen on the market depends on real trend. Advice only give me references in times of doubts, but not applicable everyday because some of members was spammers. I only absorb reliable discussions in order to have a healthy outcome for my profit.
I got most of my trading advice from forexfactory.com though the advice is forex related however I applied it to cryptocurrencies trading I also followed some trading tips from the forum I also followed advice from Reddit which had been very helpful, I preferred advice that has a practical approach especially those ones related to charting analysis which will enable me to put them into use and validate and reaffirm the advice, this had been very helpful to my trading journey and this is part of the trading knowledge necessary toward making consistent profits in trading, however I don't follow trading signals from any telegram or other source
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I honestly do not get "trading" advice, I just get information and that's about it, there is nothing more needed because if you keep getting advice from people you will see both sides on it for sure.

However information is something else, it has to be information not based on "This guy once said this" type of thing, that is just not good enough, I mean literally data, like for example what is the market cap, what is the marketing budget, what is the supply limit, etc etc these are all things, what is twitter follower number, what is the telegram group number, what are the interaction numbers, you can have 100k fake followers too, I want to know replies and likes and so forth, what does it get in other places like binance's tweets replies and so forth. Basically I need to get all the data I can, that is a lot better than any advice I can think of.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
I paid for an analyst course, and I am currently losing money on my account.
How much did you pay just to lose?

Sometimes I get advice and tips from your friends
If you've got generous friends to give you tips and advice, thank them. As long as they're telling you the actual experience they've got and even without them, you can learn trading on your own through experience.
jr. member
Activity: 42
Merit: 18


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?
 Or do you get advice and tips from your friends?
[/quote]

 :(I paid for an analyst course, and I am currently losing money on my account.
Sometimes I get advice and tips from your friends
member
Activity: 84
Merit: 18
At this time there is a lot of speculation that the BTC may fall to $ 24k, but they are assumptions that come out of the bearish movements of the market, and as a consequence of this the alts also suffer, that is why not everyone understands the market situations . But looking at it from Wyckoff's point of view it is very likely that we are in a bullish trend with a very large correction, but there is no long-term downtrend unless there is a re-accumulation.
Receiving someone's advice, following it and making a mistake would represent that if you lose it is very easy to blame the one who gives it, it is better to follow the strategies that you have yourself even if you make a mistake.

Wink
I agree with what you said.
Now is the cooling-off period of the bull market.

Quote
Quote
Receiving someone's advice, following it and making a mistake would represent that if you lose it is very easy to blame the one who gives it, it is better to follow the strategies that you have yourself even if you make a mistake
.
So I will not easily give advice to others. If the judgment is wrong, others will blame me (secretly blame me in their hearts).
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
There is nothing that can bring us advise than this forum itself , Exploring the bitcointalk all areas will help us have realized what we are missing over the time of our investing.
i remember sometime when i am still noob and buying those Telegram and other social media groups about their So called "Trading tips" in which ending as no one is really truthful and legit but instead almost everyone is aiming for one thing and that is to grow their members and use the group for their own perspectives.
Trading tips from my friends but I do have my own strategy and I didn’t follow everything they’ve said to me, this is the safest way for me to trade and I know it’s too risky to depend to anyone.

Learning trading on your own are more effective and not prone to any fud and hype so it’s better if you learn trading though it takes time but its worth it.
You are lucky having a friend in which good in trading , but always put your own research because this is
our money that involves and no one will be blamed but ourselves only.
full member
Activity: 2128
Merit: 180
Trading tips from my friends but I do have my own strategy and I didn’t follow everything they’ve said to me, this is the safest way for me to trade and I know it’s too risky to depend to anyone.

Learning trading on your own are more effective and not prone to any fud and hype so it’s better if you learn trading though it takes time but its worth it.
sr. member
Activity: 1484
Merit: 253
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?

I do joined some telegram groups for the tokens that I hold, but I don't exactly follow their motivations because what I seen on the market depends on real trend. Advice only give me references in times of doubts, but not applicable everyday because some of members was spammers. I only absorb reliable discussions in order to have a healthy outcome for my profit.
legendary
Activity: 2394
Merit: 2223
Signature space for rent
Simply I do not get advice from anywhere lately. Yea, once a time I was stupid and took advice from others about crypto trading and lost portfolio as well. After then I never follow anyone nor take advice. Once I start to make decisions myself during trading after then I can say I am not in the loss at all although I am not in profits. I am pretty sure you will lose your portfolio especially if you follow trading advice from Telegram. From YouTube, you may just learn, but don't take advice from them. As soon as you can teach yourself then you would be gainers. Otherwise, it's pretty hard to stay stable in crypto trading by depending on advice.
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
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?

I went through few video clips from youtube in the beginning where I learnt the basics especially when and where to place orders. Then learnt few important things by my own from my experience when trading. Social media played an important role.

Even learnt from our discussion here as well. Still learning. Your patience is the only key to gain profits in trading.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
Do you get advice and tips from some telegram group you joined? Or do you get advice and tips from your friends?

Been honest here, at some point in my journey in the industry I did rely on signal groups for my trade from telegram. Back then I didn't have an idea on how they operate, I thought they were genuinely just helping. They had VIP groups and always posts how those in that group are doing better than us in the general group which made me want to join but then their fees was outrageous and I was just early in the industry meaning I didn't have much to spare.

It was after few months of me joining the forum that I got to understand those are basically just pumps and dumps groups that rely on their audience to make them look like they know exactly what they are doing. Each coin they picked always pre- pump before we even enter the trade. It was kind of frustrating but since I wasn't losing, it was a good start.

After realizing, engaging in such practice only kills the traders in you I had to stop. After some few tries with trading myself I didn't enjoy it much when compared to investing so that's basically what I'm into now. I have friends that update me with some potential coins to trade but instead I just do my research and if I find any of interesting, I invest.
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