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Luciferludz

About trading!

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In the cryptocurrency market, you can predict the price by events (I usually do this with tokens (for example, they want to listed a token on a popular exchange, so its price will increase, and vice versa)

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Trading is like a gamble.  You may win or you may lose.  If you win, you will gain a lot and if you lose, everything will end.  So you have to understand everything and take action.  You have to understand when the market will go up and when it will go down.  You have to understand this by looking at the graph.  Here you have to use your own knowledge.  And he needs a lot of practice.  It will give you a few dollars to practice before trading.  By practicing with them, if you think that you are suitable for trading, then you can start trading by making a deposit.

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Predicting the price of digital currencies is very difficult. You need sufficient knowledge to analyze the market and keep an eye on the price of digital currencies continuously to be able to know how the price of these currencies moves.

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Trading is very hard task and if you want to do trading then you need to have lot of knowledge about different coin trading volume per day and especially for that coin which YOU want to do trading...do trading in wrong way can make you in lose          

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On 10/19/2019 at 5:35 AM, Luciferludz said:

Which is a best strategy in crypto trading cause in forex we use forex calender to predict if market will go down or up, but I don't know how you guys predict crypto market help me with that please. 

Yes, sometimes I also use the forex calendar for crypto trading, because basically crypto and forex trading are the same, the difference is the type of currency being sold. Besides that, using technical and fundamental analysis is also very important, because with my analysis I can predict the price of bitcoin.

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I can't understand your forex calendar strategy because I don't think any calendar show, which currency prices goes up and down in particular date, in crypto trading we can't predicts which coin prices goes up and  down, its need some experience always monitor to check coins prices and analysis market perfectly, then we know which coin moving positively.


 

   

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Cryptocurrency market is really difficult to predict but you can get some tips on the direction of the market so that you know the right time to sell by the use of technical analysis and fundamental analysis. Crypto trading is profitable but the major key to success is patience and that is why I think holding for long time is the best strategy to use in this field.

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At the moment I have an forex bot. And because of that I got interested in the market and trading in general. In my opinion manual trading is way more efficient on the cryptomarket and not on forex. I am actually looking forward and hoping to learn more about this and make it my full time job.

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is not a trading strategy something that you should treasure because is your only advantage in a competitive market.

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Hi friend. I am a forex trader. Trading is gives you freedom life for you. You can work everywhere and any time. You will be boss to yourself with trading and you get  opportunity to travel everywhere with trading 

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IN forex you can predict the price without any knowledge of analytic just read some news on info tv you will know,but in cryto you will never predict the price because it's out of analyze rules

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Trading has become an essential thing in my life, I can advise you to convert the balance of currencies into dollars in the day of trading...

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Each encrypted digital currency has a financial value that varies according to its method of operation, and the Bitcoin currency is the highest and most valuable, and there are other currencies that are classified among the first ten currencies in terms of total value, but the unit price of them does not reach the value of 0.1 dollars like the currency of TRX
One of the methods of profit is mining and speculation in trading platforms
Mining is the mining of cryptocurrencies such as Bitcoin, Ethereum, Dash, Bitcoin Cash, Monero and other minable currencies by purchasing special equipment for this purpose while calculating the cost of electricity in your geographical area and starting mining
Either trading or trading is buying cryptocurrencies at a time when their price is low and selling them when their price rises. To make a profit from the difference between the buying and selling price.
 

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On 19.10.2019 at 01:35, Luciferludz said:

Which is a best strategy in crypto trading cause in forex we use forex calender to predict if market will go down or up, but I don't know how you guys predict crypto market help me with that please. 

1. You need to have the right mindset, this is the most important (and the very first) requirement in becoming a day trader.

2. You need to be mentally prepared to take risks and suffer losses.

3. Have in mind that no one can generate profits consistently. Intermittent and extended losses are part of the day trading game. (For example, a day trader may suffer eight loss-making trades in a row and only recover with profit on the ninth trade.)


4. Master your entry/exit strategy

5. Have money management understanding

Edited by DollarDuck

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In crypto trading we can use technical and fundamental analysis predictions, this analysis is often used by crypto traders to predict crypto prices, we can see the chart on Coinmarketcap. Crypto trading and forex trading have similarities, sometimes crypto traders use forex trading prediction methods.

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There is no magic formula for trading, sorry -) You should have some knowledge and some experience to gain good results in trading.

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I think that trade is very good and if we know how to take advantage of it we can have good profits. If we study technical analysis, trading will be much easier for us.

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On 10/18/2019 at 6:35 PM, Luciferludz said:

Which is a best strategy in crypto trading cause in forex we use forex calender to predict if market will go down or up, but I don't know how you guys predict crypto market help me with that please. 

Some announcements about the project can influence the future value, if for example a project announces a significant improvement in the next few days, it is most likely that its value will increase considerably.

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Since you are a forex trader you understand the basics of trading, I think you have crossed half way to successful trading, nobody has a perfect strategy, everyone is trying as much as possible to adapt with the market and save patterns while doing trading.

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"We grow by lifting others"

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There is another useful nuance. Do not trade with the last money. Trading on the stock exchange, you can equally get both good profits and losses. That is why it is important not to invest the last savings in the work, because there is a risk of being left with nothing. It is better to allocate an amount that you will not lose significantly and use it specifically for trading.


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Always getting into a topic is very important, and more in this, I thank the other users of the group who make an effort to fill the minds that are in search of the path of trading with knowledge.

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The cryptocurrency market is the same as the stock market, the only forecasting tools we have is the chart, with technical analysis we can know if a currency will rise or fall

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I predict the crypto market using technical and fundamental analysis, I think this analysis is very suitable for cryptocurrency trading. Forex trading also uses this method, because it is easier to use and very simple. Many traders rely on this type of analysis.

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Which is a beast strategy in crypto trading cause in forex we use forex calender to predict .you to have your own criteria to und rstand the market .the price because it's out of analysis rules .

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