Which knowledge is important for crypto trading? - page 8.

--DarkSecrets--

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Quote from: chichigirl on January 09, 2018, 08:30:37 PM

Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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...

Be familiar with trading, coin and latest updates about the coin. You will earn if you invested it right and you have your patience with you. Those are the important qualities in trading to gain.

Be knowledgeable about the facts that yiu have to know about cryptocurrencies. It is not enough to just be familiar with trading and coins but it is better to learn the factors thay are considered to affect bitcoin price and or value.
For istance, the reason why bitcoin price declined to 8k Usd because of an outsider that manipulated the price

KalaiBTC

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Quote from: BobBct on February 06, 2018, 08:24:32 AM

For me of course how to trade and how to do it good. but the thing that will change you trading experience if you control your emotions. because if not you will be scared mad when trading which can affect dramatically in you trades.

A calm mind is the key to success in this risky profession of trading because it enables a person to take right decision on right time, which is all that trader needs to do. It is not possible to avoid failure forever which means there will be a time when loss will occur. The bad effect is many give up after coming across this situation and sell out their coins. That is why it is said over and over again to show patience while crypto trading.

Kabul

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I think that the first thing you need to know in trading is how to control your emotion. It is important because if you are panic or greedy, you can easily lose a lot of your money. Try to control your emotion so that you will have a clear mind to make a good decision while trading

Excellence91

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One of the most important factor is to listen carefully to crypto news at all time....

dzhan

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A large knowledge is needed for successful crypto trading. You have to learn about the most promising coins / tokens which have the best potential, in order to trade them and avoid the shitcoins. Also you have to learn about studying carefully the markets and the charts, and how to choose the best moments to buy and sell.

jelome198959

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From what I've read / learned from crypto enthusiasts, aside from knowledge of the coin/s itself, it's a good thing to setup a good strategy/plan where you'll be dogmatic about it - just so you remove emotions / greed out of the way. Try also to be specific (exit price, target return, etc) but at the same time practical. Good luck!

Valdano

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Basically buy some bitcoin and just hold it. Next stem is... just use small amounts and do do play-trades with that on different exchanges. This way you will get to know the ways.

Bosx1ne

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Quote from: setupbounds on January 17, 2018, 03:15:36 AM

Quote from: semarmesem195 on January 11, 2018, 07:40:07 AM

Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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 my opinion, in the trade of knowledge to be mastered is about the development associated with the business to be traded (crypto). With we know the developments that occur in the crypto, then we should not be afraid of failure in trade because we already anticipate the risk of failure with which we get from the development of crypto. And one more thing to do when you want to trade is understand "economic patterns" so you do not experience the economic bubble.

Indeed, the most important thing for earning profits by learning about crypto currency is to keep a track of daily moments that are happening in the digital world. If someone fails to keep an eye on this, he will be amazed by the changes that are made within one week by strong coins.

I also think that understanding of the Crypto coin and trusting its potential plays a significant role in a successful trading of digital assets.

If we have a lot of information about cryptocurrency, I am sure that we can earn a lot of money in many ways. This forum is the reason why I earn now many money. I really learned a lot of information about the cryptocurrencies. I am now using all of the knowledge that I learned in order to gain income.

KnightElite

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Quote from: Bagaji on October 02, 2017, 02:46:16 PM

Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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...

Trading in crypto currency is not an easy job op. You will need to have a good knowledge of the coins that you want to trade before you buy them. And that is not all, you will need to know more about technical and fundamental analysis to enable you succeed in trading crypto currency.

It is true that knowledge is very powerful tool that you can use in order to become successful trader. I agree to you that you should know the technical and fundamental analysis for you to know what technique that you will use in order to earn big amount of money.

xhienigat

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The All-in-One Cryptocurrency Exchange

There are a lot of things you need to know when it comes to trading specially trading cryptocurrencies, since you are still starting try to read and understand what is cryptocurrencies learn what's the background of each coin and the history of it. Reading is very essential in this field so you need to do a lot of reading after that practice how to read charts technical analysis is one of the major requirement we all need to know when trading and this is the hardest part I think you will need a lot of practice before you can predict if the coin is going to up or down. On your journey of being a good trading you will learn the rest of things you need to know so just keep on practicing and never lose hope. Practice makes perfect!

BobBct

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For me of course how to trade and how to do it good. but the thing that will change you trading experience if you control your emotions. because if not you will be scared mad when trading which can affect dramatically in you trades.

rhodelmabanal

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It is very important to know how it feels in the cryptocurrency environment, assets are important also strategic skills. You need to be a reader because ir is the root of every traders traits. I experience talking in a traders he seems to be cruel, mad, and unfriendly, how does this kind of manners be successful, will we wanted to follow them and they are very excessive and indicates untrust. So if we wanted to be traders there must be a way that no one would follow him.

nelsledma

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Quote from: yesss on February 02, 2018, 11:47:16 AM

Quote from: pauloccsilva on October 02, 2017, 05:03:32 PM

Cryptography is the science that hides the meaning of a message and has as its tool the mathematical resources to encrypt and decrypt messages. The act of encrypting consists of transforming a normal text into a secret text, and the act of decoding is the reverse operation, it consists of transforming a ciphertext into normal text.

I think that knowledge is only a small part of the commercial Cryto, so you can trade well need a lot of knowledge, to learn more specialized analysis of charts, technical charts. You also need to take classes that are experienced by experienced people, where they show you their experience, and they also tell you reliable sites that you can know. Get the most accurate information in a timely manner to give you the most accurate analysis and judgment.

The only knowledge necessary to be mastered is the efficient use of your brain and to master the skill of patience. In reality it’s actually a trading business just like you buying one thing and selling another, you need to have patience while the market is down and just wait for the right time to show your cards. When to invest, what to buy, how to deal, these are the things no classroom can teach you need to get out to people to learn these.

yesss

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Quote from: pauloccsilva on October 02, 2017, 05:03:32 PM

Cryptography is the science that hides the meaning of a message and has as its tool the mathematical resources to encrypt and decrypt messages. The act of encrypting consists of transforming a normal text into a secret text, and the act of decoding is the reverse operation, it consists of transforming a ciphertext into normal text.

I think that knowledge is only a small part of the commercial Cryto, so you can trade well need a lot of knowledge, to learn more specialized analysis of charts, technical charts. You also need to take classes that are experienced by experienced people, where they show you their experience, and they also tell you reliable sites that you can know. Get the most accurate information in a timely manner to give you the most accurate analysis and judgment.

reymartH

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Bitcoin traders should keep in mind that volume plays an important role in evaluating price trends. High volume points to strong price trends, while low volume indicates weaker trends. If bitcoin prices experience a large gain or loss, traders should be sure to examine volume.

ApocalypseNow

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The knowledge about the altcoins is very important. Even you make an analysis or any charting method, it all boils down on the use and partnership of that specific altcoin. So even it falls, you know that selling it is not a smart move.

investerS

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Money making legitimately

i think the best thing is long trading cos of the way the coins move, there can be sudden movement but when a trader is on long trade he doesnt need to fear.

virasisog

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Quote from: setupbounds on January 17, 2018, 03:15:36 AM

Quote from: semarmesem195 on January 11, 2018, 07:40:07 AM

Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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 my opinion, in the trade of knowledge to be mastered is about the development associated with the business to be traded (crypto). With we know the developments that occur in the crypto, then we should not be afraid of failure in trade because we already anticipate the risk of failure with which we get from the development of crypto. And one more thing to do when you want to trade is understand "economic patterns" so you do not experience the economic bubble.

Indeed, the most important thing for earning profits by learning about crypto currency is to keep a track of daily moments that are happening in the digital world. If someone fails to keep an eye on this, he will be amazed by the changes that are made within one week by strong coins.

I also think that understanding of the Crypto coin and trusting its potential plays a significant role in a successful trading of digital assets.

The answer to his question is simple knowledge of adopting and reading because by means of reading the whole specific long term goal of one crypto will make him rich in the future.
Yes, digital assets is important. In cryptocurrency there are many important things to know and to apply in some technical stratedgies you need to know how to spot the gem crypto.

setupbounds

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Quote from: semarmesem195 on January 11, 2018, 07:40:07 AM

Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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 my opinion, in the trade of knowledge to be mastered is about the development associated with the business to be traded (crypto). With we know the developments that occur in the crypto, then we should not be afraid of failure in trade because we already anticipate the risk of failure with which we get from the development of crypto. And one more thing to do when you want to trade is understand "economic patterns" so you do not experience the economic bubble.

Indeed, the most important thing for earning profits by learning about crypto currency is to keep a track of daily moments that are happening in the digital world. If someone fails to keep an eye on this, he will be amazed by the changes that are made within one week by strong coins.

I also think that understanding of the Crypto coin and trusting its potential plays a significant role in a successful trading of digital assets.

Memenya

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Quote from: Sohailul on October 02, 2017, 12:53:50 PM

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 every trading wheater crypto trading forex or stock trading, the same thing to do is learning technical amd fundamental analysis. In cryptocurrency, learn news is more important than technical so just learn it first before the other.

Topic: Which knowledge is important for crypto trading? - page 8. (Read 5180 times)