Topic: Which knowledge is important for crypto trading? - page 10. (Read 5180 times)
Forget it about Technical Analysis. I can say the most important things is to practice controlling your emotion. Another skill will useless if you do not take care your emotion properly.
Hold your coins for 1-2 weeks or more. short/day trading is more risky compare to holding. Control your emotions, don't panic, put some stop/cut loss in every trade you do and don't be greedy.
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
I am also beginner in crypto trading so it is very difficult to make sure wheater we will be successfull or not because we can just do our best effort to do it. About success or not is not problem at least we have tried.
As newbi, by altcoin with big news and holding it, i am sure we will have profit.
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
In order to decide which coins to buy you should inform yourself about the fundamentals of a coin. There is no knowledge needed about cryptotrading in general. You must evaluate which coins do have potential and which dont. An already working product is a great indicator for this. However if you plan to start daytrading you must also learn about technical analysis in order to be a successful daytrader. Being able to read charts is a must in this case.
i think that you have to analyst charts and follow the news in the coinmaket to make pridictions for the going up or going down of the price to buy or sell
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
Well, my indication on what coin would be the best to trade is it volume, because I do believe that the higher the volume is the more profit you will have. In order to become successful in crypto trading first you must have gain more knowledge about this certain topic and try to ask some help from the veterans. Just remember the basic which is buy low and sell high. 
Don't buy coins just because they are increasing in value pretty fast. Find out ways to figure out whether the coin is just being pumped and dumped.
Even in real life asides trading, if you do not have any knowledge on something, you are bound to fail on that thing. We all went to school and we did some bit of learning and examinations to test what we have learnt. Without reading and understanding, one ends up failing woefully. It is just the same thing with trading, hitting the charts to trade is like writing an exam and if you do not know the right answer (which is your decision in this case), nothing can help to succeed.
Before going into trading, one need to be groomed with the dos and don'ts of trading. As to the above question, every knowledge is important as far as trading is concern. You just have to acquaint yourself with the basic principles.
I think the learning about pumping and dumping signal is the most important knowledges that we have to know at first.
You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Some coins are even dead because the developers never really had much interest in really letting it survive while some were just scams. This is why it is always very important to read much about the coin most especially if it is not well known and still has some low market cap. If you can hit the right coin with a good team and a good project, it is always very hard for you not to see them give you good profit at the end.
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
You need to develop the ability spot trends and which coins fit into those trends. Think of it like when certain clothes become trendy to wear everyone it seems wants to wear the same one's. Investment is no different. It all comes down to momentum.
You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Trading is really not a very long process when you consider the little time of probably some weeks of dedication to learning and years you will be making good profits, then I will say it is just the best thing so ever to do. Some people however are always just too lazy or consider trading as something you can just start experiencing and learning on every mistake. One would have finished losing everything before realizing.You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Trading is really not a very long process when you consider the little time of probably some weeks of dedication to learning and years you will be making good profits, then I will say it is just the best thing so ever to do. Some people however are always just too lazy or consider trading as something you can just start experiencing and learning on every mistake. One would have finished losing everything before realizing.I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
I think the most important knowledge to have in crypto trading is to always know whether it is the right time to trade or not. I'm sure that a lot of traders still do not figure out and ask questions whether to trade or not. We all need to have standards that will tell us whether to trade or not. Otherwise, we will just keep on waiting until we fail.
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
You better stop trading if you have no idea how to trade or how to read charts, that is not enough to make you a winner but it is necessary if you are ever going to make any money, there are many videos on youtube you can watch and learn from.To become successful in crypto trading requires being successful in the learning on how to trade and just like you said, he should better not trade at all without those knowledge. Technical analysis is all that is needed to be learned and that alone can take me as far as he wants to go in trading.
I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...
I think we should focus in our strategies and techniques because those two is the key for us to become successful trader. If we have good strategies and techniques, we can earn a lot of money. You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Some coins are even dead because the developers never really had much interest in really letting it survive while some were just scams. This is why it is always very important to read much about the coin most especially if it is not well known and still has some low market cap. If you can hit the right coin with a good team and a good project, it is always very hard for you not to see them give you good profit at the end.
You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Most times, it is not about the potential, except if you are in the very long term trading. Most times, it is just to understand the news about the coin, the activities surrounding the coin, and the best time to get in if you can. All you need are good strategies to trade safely and we cannot always be right because market is not 100% predictable and anything can change, which is why the stop loss is very useful. 
You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Some coins are even dead because the developers never really had much interest in really letting it survive while some were just scams. This is why it is always very important to read much about the coin most especially if it is not well known and still has some low market cap. If you can hit the right coin with a good team and a good project, it is always very hard for you not to see them give you good profit at the end.
You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.
Trading is really not a very long process when you consider the little time of probably some weeks of dedication to learning and years you will be making good profits, then I will say it is just the best thing so ever to do. Some people however are always just too lazy or consider trading as something you can just start experiencing and learning on every mistake. One would have finished losing everything before realizing. Jump to: