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Topic: Which knowledge is important for crypto trading? - page 11. (Read 5180 times)

member
Activity: 263
Merit: 10
the knowledge about the business is very important for the cyprto trading and the one thing that is more important is the knowledge about the market rate and value of the bitcoin. I you have sense about the market so you can predict better weather the values are going up or falling down so you can take a better decision on time and its very necessary the crypto trading.
I would say into exchanging, anticipating the market is must and more development can be accomplished upon the exact expectations. To increase such an information client needs to keep himself dynamic with every last occasion occurring with the digital money. It can be of the forks, splitting, thealtcoins into reality, trades showcase, and so forth.
member
Activity: 196
Merit: 10
Where can I find these pump groups? Another newbie asks.
If you are looking for a pump group, then look no more cause you will not find any and if you do, be ready to lose all your assets.

Most of those pump groups were found on telegram back then and the followers of those calling the shots ended up realizing that these guys are only using them to make profit for themselves at the expense of gullible followers who ends up holding a bag of shit coin or even selling for losses. Learn yourself and make trading decisions on your own.
the main problem of new generations and of (humanity nowadays) is that we want all and we want it now...

to achieve results or benefits or everything else you have to:

1 study a lot
2 understand what you are studing
3 (if u understand) be able to apply what you have learned
4 start to to having results or fails
5 start again and study again
6 know more and more and start developing intuition for good deals(in life)

...and it is a never ending story (ask to veterans how many time they have failed and started again)

Study! Learn! Know every day more! Nothing is for free!

Cheers
This is true, but many people cannot wait for anything any longer, I remember that when I was waiting for something I just waited but now people are looking at their phones all the time, they are unable to be uncomfortable for any significant amount of time.
hero member
Activity: 798
Merit: 502
Its important that you know the basic but these knowledge will not make you a effective trader so you have to level up and learn how to do technical analysis and fundamental analysis but most importantly before learning all of these you should learn how to control your emotion because no matter how good you are if your emotion will control you then your trade will turn out into disaster.
sr. member
Activity: 2226
Merit: 347
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.
There are number of things which you need to know before starting your carrier in the world of crypto trading. Almost all of them are equally important and you do need to have knowledge about them. The most important things include chart analysis, basic background knowledge about all the coins which are there in crypto market, having patience and knowing the trick of making the right decision at the right time.
You would really need to know atleast the basic before you would decide to jump into trading because it would really be hard for you to trade directly without any knowledge inside of your brain because all of the things you would really do would really just act as a gambling because you are trading without any proper information and knowledge about it which means higher chances of losing. Knowledge would always be weapon on anything that we do tend to do. Even on real life situations we dont know nothing on anything this is why we do really need to experience.
member
Activity: 140
Merit: 10
if you want to trading an altcoin, better to know the history of that coin before, altcoin can't be predicted, the price sometime get down when the btc price pumped, for now probably a matter if you want to trading altcoin.
sr. member
Activity: 889
Merit: 253
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.
There are number of things which you need to know before starting your carrier in the world of crypto trading. Almost all of them are equally important and you do need to have knowledge about them. The most important things include chart analysis, basic background knowledge about all the coins which are there in crypto market, having patience and knowing the trick of making the right decision at the right time.
member
Activity: 210
Merit: 22
trading required a  good strategy and analysis, you must have good planning and strategies. You must also have good knowledge about basic of trading. Being a good trader you must be a good decision tacker. Some time trading also require a good patient, you must wait for the good time take a decision, for all these qualities one must spend good time in trading to get good experience first and then put good amount of money.
Making good decisions require huge level of knowledge. It is one thing to make any decision as a trader and it is one other thing to make decisions based on strategy. So many people these days like OP have been asking questions on how to trade, which is obviously simple, just find where you can learn.

No one can sit anyone down on this forum to start teaching them how to learn as it is not a day's job. However, there are so many resources on technical analysis online that can be of great help and without that, no one can do well in trading.

+1

We have all a different technic of trading ! Find yours and hope it will work Smiley

But the basic thing is : Read everything you can, learn everything you can and, first of all, control your stress and emotion.
sr. member
Activity: 322
Merit: 253
Property1of1OU
oh boy ...

I wish I had some sort of "Inside trader" knowledge ... such as

.. what next altcoin will be listed on the major exchanges ...  Grin

legendary
Activity: 1512
Merit: 1041
trading required a  good strategy and analysis, you must have good planning and strategies. You must also have good knowledge about basic of trading. Being a good trader you must be a good decision tacker. Some time trading also require a good patient, you must wait for the good time take a decision, for all these qualities one must spend good time in trading to get good experience first and then put good amount of money.
Making good decisions require huge level of knowledge. It is one thing to make any decision as a trader and it is one other thing to make decisions based on strategy. So many people these days like OP have been asking questions on how to trade, which is obviously simple, just find where you can learn.

No one can sit anyone down on this forum to start teaching them how to learn as it is not a day's job. However, there are so many resources on technical analysis online that can be of great help and without that, no one can do well in trading.
newbie
Activity: 267
Merit: 0
If you want to know, you just need to study things about crypto trading. The important thing is to know and learn everything about trading, reading, researching and waiting patiently.
member
Activity: 182
Merit: 16
bitcoin is love
i suggest that u just wach market for 2 mounths and dont trade any thing , just follow the coins chart and try to learn technical analysis , the start with short amount of bitcoin and try to make it bigger! Wink
full member
Activity: 462
Merit: 100
you should be diligent to see the price developments in the market cap. there you can see the development of altcoin prices. and before you choose the coin like ico coin, you should learn the ico's way, like see ann them and their project purpose, if convince you can start trading there.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
From my experience I can tell you that you should always look for a coin which has a good enough volume that is being traded. Coins with a small volume does not potentially have that much of a buying and selling activities. Secondly, you should always look for a coin which has a good price variance. for example, price only fluctuates between 0.00028 and 0.00030. You wouldn't want to invest in that because that wont give you a good enough profit.
For someone that is not smart with trading, a coin with a low volume is not even advisable. Although, they can be a bit tempting when you look at the chart activities but one rule is never to put too much and never hold for too long without putting a top loss even if you are buying at dips. The thing is that I have been able to double some of my money with some of these coins, most especially from some of their crazy pumps.

According to me we should need historic data about particular crypto whether it is BTC,  ETH or any other crypto,  trading is all about strategy, we can also study about crytpo to gain the knowledge and also search it on google to know what are the best method to do trading.
Data will always be compulsory when trading and that is why the ability to study the charts is very necessary. You really do not need to go as far back as when the coin was launched, just some few weeks back will do. There are some analyses that can be done on some of these coins that would help a trader to know the decisions to make before entering and the perfect time to exit.
full member
Activity: 336
Merit: 121
the knowledge about the business is very important for the cyprto trading and the one thing that is more important is the knowledge about the market rate and value of the bitcoin. I you have sense about the market so you can predict better weather the values are going up or falling down so you can take a better decision on time and its very necessary the crypto trading.
legendary
Activity: 1120
Merit: 1000
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 should learn the basic of trading, many important things like liquidity, sentiment, political and any other trading indicators. It is impossible to predict the price of cryptocurrency, the volatility is very extreeme. So you better don't take higher risk by wait to get higher profit.
Basics of trading are something any wannabe trader should never skip. The basics is not all about buying low and selling high and a lot of people have made that mistake and ended up losing so badly.
There are so many important things to watch out for in trading to be able to make a good decision and there is no one born with the knowledge except through learning. The best knowledge that is important is to never skip learning and never stop learning.
Yes that is right that trading required a  good strategy and analysis, you must have good planning and strategies. You must also have good knowledge about basic of trading. Being a good trader you must be a good decision tacker. Some time trading also require a good patient, you must wait for the good time take a decision, for all these qualities one must spend good time in trading to get good experience first and then put good amount of money.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
In my personal experience into trading, predicting the market is must and more growth can be achieved upon the accurate predictions. To gain such a knowledge user needs to keep himself active with each and every event happening with the cryptocurrency. It can be of the forks, halving, the altcoins into existence, exchanges market, etc.
newbie
Activity: 35
Merit: 0
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...

TA
Tech Analysis.

It ll give you idea which coin will grow.
legendary
Activity: 1442
Merit: 1025
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 should learn the basic of trading, many important things like liquidity, sentiment, political and any other trading indicators. It is impossible to predict the price of cryptocurrency, the volatility is very extreeme. So you better don't take higher risk by wait to get higher profit.
Basics of trading are something any wannabe trader should never skip. The basics is not all about buying low and selling high and a lot of people have made that mistake and ended up losing so badly.
There are so many important things to watch out for in trading to be able to make a good decision and there is no one born with the knowledge except through learning. The best knowledge that is important is to never skip learning and never stop learning.
newbie
Activity: 35
Merit: 0
TA
Tech Analysis.

It is the main key
member
Activity: 196
Merit: 10
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.
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