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Topic: who would you trust? - page 6. (Read 1276 times)

sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
February 20, 2023, 11:44:14 PM
I will suggest that you should share your work with others and then ask them about their work and experience. An expert will always give you good suggestions but copy their strategies sometime become dangerous for you so in my opinion get knowledge from everyone and then think with patience that whether it can give you advantages or will destroy your all profit.

Getting knowledge is not bad but trust everyone and copy them without any realization can make you hopeless. Always make decisions according to your own method, mind, your holding coin and your revenue.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
February 20, 2023, 10:26:29 PM
I will probably take and study tips from both. we know that veteran traders also have skills, strategies, as well as long experience. if they have been successful in the world of trading, then their tips are worth a try. although the flow of trade is always changing, there are patterns that cannot be changed, such as rising and falling prices, things that can make prices go up and down, and so on. So, I think that long-time traders have useful tips, especially if they have been successful.

However, if new traders have proven their strategy, and have also been successful, then their tips are also very valuable to have. We can take the tips they give and try them one by one or combine them with the techniques we have if we have them. Also, if you feel like their tips won't work for you, then don't take them. I'm sure the many tips, there will definitely be useful.
hero member
Activity: 2926
Merit: 722
February 20, 2023, 06:30:02 PM
...
Spot can be a nice start for newbies from what i have seen from the market so far. Since it only entails buying and holding until the asset appreciates just that it will only require patience since little or no technical skill is needed although with technical skill the trader can have more advantage over the market.
Spot trading is actually suitable for newbies. And even I was in trading for many years, I was still Opt to take this rather than trying Future trading because I was already comfortable with this. It was not wrong to take Future trading but must take note the higher risk involve which could cause big losses. It is indeed we need to prepare ourselves very well if we have plan for this. We don't need to hurry, we can go over there as long as we have carried enough trading knowledge and market experience.
When you are just starting then it would be always a good advise on sticking with spot until you do able to make yourself that learn from basics until on intermediate.Even on becoming having the experience where people

do tend to jump into futures which i dont really see for it to be that safe specially for newbie or even to those old traders.Make yourself that learn along the way and it wont really be a smooth sail ride.

Just dont make yourself in a rush because this would really be creating that kind of desperation which would really be creating more mistakes and bad decisions.
Stick with spot and make yourself on having a good grasps to it.
sr. member
Activity: 1204
Merit: 270
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 20, 2023, 09:38:54 AM
Agreed i also think that own experience from old traders is most useful for trading even after getting some ideas from old traders it is not fully effective. Crypto trading is always changing no one can tell when the market will turn in any direction therefore, it is always better to follow the market and proceed based on your own experience for trading or investing. Own strategies are helpful for new traders also long term investments are less risky.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 20, 2023, 09:09:12 AM
I will trust the Old trader that passed through so many challenges in the market with many strategies to overcame such challenges in the community. He or she have a lot of experience concerning crypto trading and how to make a huge amount of income in both long term trading and short term trading which he or she is used to such strategies and he or she is fully ready to impact new traders in the community. I will not trust new trader because, he or she has not pass through many bearish season in the community which he or she don't have more potential experience like old trader that passed through so many bearish season to achieved a passive incomes at the end of the investment.
You can listen to their experiences but you cannot trust any "pick" that they might have to offer. Because in a speculative market, one person's loss is another person's gain and therefore you can only trust yourself when taking that decision, besides it is your own money that you are putting at stake.

Someone might be a new trader here but they may have experience in other markets which you might be unaware of so never underestimate any person.

While older traders mostly make money by promoting their own products and courses you will rarely see new traders doing this. Because they have understood that such methods of making money are less more consistent, obviously selling books is way safer than actually trading.
legendary
Activity: 2366
Merit: 1023
DGbet.fun - Crypto Sportsbook
February 20, 2023, 04:09:52 AM
I will trust the Old trader that passed through so many challenges in the market with many strategies to overcame such challenges in the community. He or she have a lot of experience concerning crypto trading and how to make a huge amount of income in both long term trading and short term trading which he or she is used to such strategies and he or she is fully ready to impact new traders in the community. I will not trust new trader because, he or she has not pass through many bearish season in the community which he or she don't have more potential experience like old trader that passed through so many bearish season to achieved a passive incomes at the end of the investment.

But there are also many veteran traders who lose more than they gain and many better-minded new traders who can also make good profits. I will not choose your way, but I will look at the results and profit they get from trading. The one who earns better profits is more trustworthy. But trust here is not to trade based on the signals they give us or give them money to have them trade for us. Let's learn knowledge and experience from them, no one can be trusted in this market but ourselves.
full member
Activity: 2254
Merit: 188
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 18, 2023, 12:48:18 AM
I will trust the Old trader that passed through so many challenges in the market with many strategies to overcame such challenges in the community. He or she have a lot of experience concerning crypto trading and how to make a huge amount of income in both long term trading and short term trading which he or she is used to such strategies and he or she is fully ready to impact new traders in the community. I will not trust new trader because, he or she has not pass through many bearish season in the community which he or she don't have more potential experience like old trader that passed through so many bearish season to achieved a passive incomes at the end of the investment.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
February 18, 2023, 12:06:16 AM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I'm sure you already know who to trust because I personally don't see any reason trusting a newbie trader just simply because his burning hot and a strategy is working for him, I'm sure such a person doesn't have much knowledge about the market and if I'm to trust another with my trading decisions then it will have to be the old trader and I have a principle of low and steady winning the race and I always tell me that trading isn't about making rash profits but how long one will be able to keep winning (consistently making profits).

sometimes beginners just rely on their little knowledge and lucky streak. and assume they are already very skilled in the trade.
No matter how long you are in the market to trade, it certainly provides a better experience than a beginner coming up with a new technique to trade that may work or is just speculation.
most importantly, we as traders must continue to develop our skills to survive in market conditions that are always changing. there will always be new knowledge that we can learn.
hero member
Activity: 2366
Merit: 594
February 17, 2023, 11:30:15 PM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
In contrast to new traders who may jump on trading trends to make quick money, someone who has been trading for a long time has old experience with trading and would have created some sound strategy, tips, and tricks for the market. Whilst certain tactics may occasionally shift, others stay steadfast. The reality is that while it is a good idea to rely on someone for a trading plan, whether it be new or old, the best course of action is to learn from both. Like I previously stated, a beginner trader would be able to use technology successfully and capitalize on some trading trends, whereas an experienced trader may have built a sound plan, tips, and tricks for the market.

We can compare it with the beginner; he knows how to use technology, but there is not much experience in the market, which is prone to errors, whereas the old man, who does not really know how to use technology as he uses traditional methods, still works, though it takes more effort and time, and also has a lot of experience. Getting both or learning from them is best, as you will double your knowledge, unlike having to be one-sided. It doesn't matter if you are new or old in the market; as long as you are open to both, then for sure you'll come up with a great idea.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 17, 2023, 11:07:07 PM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I'm sure you already know who to trust because I personally don't see any reason trusting a newbie trader just simply because his burning hot and a strategy is working for him, I'm sure such a person doesn't have much knowledge about the market and if I'm to trust another with my trading decisions then it will have to be the old trader and I have a principle of low and steady winning the race and I always tell me that trading isn't about making rash profits but how long one will be able to keep winning (consistently making profits).

Old traders have that experienced that you can use as the basis when following their strategy,

though there are always adjustments that they can perform during the actual trade where followers can't see it coming.
As usual, traders always follow some patterns when they are dealing with their trades.

Both new traders and old-time traders are working with how they can make some good outcome when they place their position during the trade.
More on your appetite if who will be the one that you think that fits with your own strategy, your final decision is still on your own.
hero member
Activity: 602
Merit: 442
A Proud Father of Twin Girls 👧 👧
February 17, 2023, 10:44:20 PM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?

I'm sure you already know who to trust because I personally don't see any reason trusting a newbie trader just simply because his burning hot and a strategy is working for him, I'm sure such a person doesn't have much knowledge about the market and if I'm to trust another with my trading decisions then it will have to be the old trader and I have a principle of low and steady winning the race and I always tell me that trading isn't about making rash profits but how long one will be able to keep winning (consistently making profits).
hero member
Activity: 2114
Merit: 603
February 17, 2023, 07:58:53 PM
Trading is one thing which is not stable at all times. Though we have multiple methods of analysis, different bands, sticks, and everything any trade at any given time can change its direction based on various factors. It all depends where you stand in that particular trade and what’s your current position. If it’s in the direction of chart we are good, if it’s opposite things gonna get crazy.

I think it would be risky to rely on someone or blame someone afterwards if their analysis failed for above unstable reasons. Trusting someone else with your own money is always risk and no one can guarantee you profits. That’s how it works.
sr. member
Activity: 728
Merit: 444
February 17, 2023, 07:14:47 AM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
In contrast to new traders who may jump on trading trends to make quick money, someone who has been trading for a long time has old experience with trading and would have created some sound strategy, tips, and tricks for the market. Whilst certain tactics may occasionally shift, others stay steadfast. The reality is that while it is a good idea to rely on someone for a trading plan, whether it be new or old, the best course of action is to learn from both. Like I previously stated, a beginner trader would be able to use technology successfully and capitalize on some trading trends, whereas an experienced trader may have built a sound plan, tips, and tricks for the market.
sr. member
Activity: 2296
Merit: 360
February 16, 2023, 04:41:17 PM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
None of the above i would say on which there's no one could really be able to predict up the price on where this market would be going on which even yourself could really make out such speculation and approach without needing to rely on others signals or speculative approach too.It is really just that these fellas are just been hyped up just because they had really increased out their popularity.Somehow it wont really be that
bad on snipping out some idea out of these people because we cant really be that so sure sometimes on what we are really that doing.Getting some idea isnt that bad as long you arent
really making yourself that relying on them 100%.
hero member
Activity: 2576
Merit: 586
February 16, 2023, 04:32:59 PM
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
This question could be asked of any profession. Like for example would you trust a 60 year old with nearly 45 years of experience on blowing gas and making something, or would you trust a 30 year old with 10 years experience?

In one of them, you get the experience and the craftsmanship but with a bit of bored for doing it this long, plus old tech and the way they learned how to do it, with the other you get a newbie compared to other one who doesn't know and perfected it yet, but has the highest tech available and knows all the new methods to make it even prettier. This all depends on the person, there are 30 year olds better than some 70 year olds, and there are some 70 years better than some 30 year olds. We do not have an exact answer, because it depends on each individual and not as a whole thing.
hero member
Activity: 1204
Merit: 563
🇵🇭
February 16, 2023, 10:48:28 AM
I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   
I prefer to study alone and watch online tutorials as well read trading books, there are times that I will try their settings and advices and see the outcome by myself and if it’s worth it, we need to try it for ourselves the different method and strategies to see whether it’s working on us or it gives us a good profit. It’s good to seek advice but not to fully trust and rely on it since some strategies may work in them but not in us. We need to find which method suits us well.
hero member
Activity: 980
Merit: 947
February 16, 2023, 07:50:03 AM
#99
I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   
The cryptocurrency market is very volatile, and a trader needs to be very careful in order to be able to correctly analyze all the indicators. perhaps these teachers understand something and can teach you some basics, but the ability to quickly respond to the market and make the right decisions in time is a skill that every trader must develop in himself, it is unlikely that you can be taught this.

Now there are a lot of free lessons available, and I see no reason for a beginner to immediately buy paid lessons if they have not yet tried to figure out at least the basics on their own. Perhaps it makes sense to buy a lesson in some area where it is very difficult to figure it out on your own, but a forum where people with experience can share their knowledge can help.

Learning by yourself will be more difficult and possibly longer, someone is not very disciplined and self-education for such people is a difficult task, but if you do not have discipline, then trading will be very difficult for you.
hero member
Activity: 1862
Merit: 601
The Martian Child
February 16, 2023, 07:20:17 AM
#98
I don't just simply trust anyone especially those gurus that are asking money for their secret lessons. Most likely these gurus asking for money aren't really earning in the market so they want to milk their trading knowledge which is actually non-guaranteed otherwise they don't waste their time on pay-to-learn schemes. It's been also proven over time that indicators don't work for long. Some indicators work in bullish or bearish periods and then suddenly it will stop working. If an experienced trader and a new hot trader are giving lessons for free then I will listen to both but we should also DYOR.   
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
February 16, 2023, 06:48:18 AM
#97
Since strategy are always changing in trading, what is the relevance of experience? Who would you trust the most for trading tips,
An old trader who has had better days and mostly still relevant because they have a strong reputation for the fact that he has been trading for a while, or would you trust a new trader who is hot in the market and fresh with new strategies?
You should not trust anyone in your trading activities except trying to gain knowledge from trading experience from that person, learning from the experiences of people who can be said to be quite experts will add to our knowledge but when it comes to making decisions it is only done based on the knowledge we understand instead of trying to follow the strategy of that person
sr. member
Activity: 2828
Merit: 344
win lambo...
February 16, 2023, 06:26:15 AM
#96

Individual strategies should be used first while trading. You should never trade using strategies given by others. Signals given by others are never properly successful. So you will be most successful using your own strategy.
You are right that everyone should trade  according to own strategy. while making own strategy if anybody take the help of someone else in basic rules, then I think there is not against learning. One can learn basic learning from old trader because the old Traders has had enough experience and it has been through quite a bit of crypto pump and dump. we cannot ignore new users also because they has some new strategy according to change in market status and by following these strategy one can make a quick profit.
But since every person's earning goal is different and also the money management is different, so making own strategy and trade according to it is much better.
That seems true, learning isn't magic but indeed it takes time, and of course, it was easier for us to have someone that could teach us personally. Learning alone is impossible. Like to say that we are learning from YouTube, yet it was still learning from another person. It means that all we have learned is coming from experienced traders and from their strategy, we make our own.

Though we have different strategies applied in trading, still our goal is the same and that is to earn profit.
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