Trading Tips

[miran523 70]

The reason why everyone choosing Binance is their cheap transaction price but still it is not best since they are yet decentralized trading platform but in future Binance is going to launch their decentralized trading platform so which is going to be the best of best trading platforms for the regular trader.But if someone is long term trader choose the exchange based on the higher price not based on the transaction fee.

[RyujinONE 131]

2 minutes ago, archiba523 said:

Want to do tradding?Remove your all emotion from youe mind.first research about the coin before buying.You must have patient. without patient you can not win the trade.So first reseearch then buy low wait for profit then sell high. Dont sell panic when you were in lose.

Not easy to control your emotion.

I try learn more than 6 month to control my emotion and still cant do it. You talk like control a emotion can be control with a short time, since the fud and fear about the market still at there. The trader will always got an emotion trading went they do it a trade

[CryptoDJ 712]

In trading, I prefer to work in this way, Perov, it is to look at the chart and imagine where the price theoretically go, then I put a little bit at first, purely for warming up, and then I start to put a lot more and like while my tactics work. But be careful with bitcoin, it is no longer predictable.

[Cryptominded 704]

On 10/10/2019 at 5:16 PM, duncun007 said:

*Exist all trades when bitcoin is volatile because most altcoins dump when bitcoin act like that and only trade when its seemingly stable. just how we saw most coins were in gain last 2 weeks because of bitcoin were some sort stable.

I think there is truth in this madness and worthy of adhering to because almost every time Bitcoin is hitting the roofs, we start to see most altcoin hitting the floor and that can be traced to people emptying their altcoin holdings to buy Bitcoin.

[Sahbana 212]

Thank you for the tips and tricks. This is very helpful for me.

[miran523 70]

You need to cover most of the exchanges because sometimes the opportunities are not in a single platform. I'd go with Bittrex, Poloniex and probably HitBTC as well. I can tell you that the basic rule is to sell high and buy low, and that you should never sell out of fear and also never buy something that is involved is some pump and dump scheme, It always end up badly and the market could crash. It's better to invest into projects that will actually deliver something.

[niroblm 141]

Than you so much for your nice tips. I thik i will be more profitable by this. because i am a new trader. i don't know everything.. thanks

[palalu 512]

Maybe I will add some basic trading rules like:
• don't put all of your capital in one coin
• find out about the technical and fundamental that coins
• before trading altcoin look at bitcoin movement.

[sidik7 1217]

tips trading from me , first is that we must to pay attention and understand about the project coins that we trade , and then contionues diligent to reading analysis of the market movements , and trading better in the morning or night , the last tips always maintain your health when trading .

 

[camren653489 57]

The trick for beginners is that you should learn it all. You study through the press, news, books, learn from short courses ... If you have relatives who have entered the market cryptocurrency then you should learn from them. Curiosity, patience will help you a lot in the business of cryptocurrency.

[miran523 70]

Patience does not answer everything in the world of trading. In as much as patience is required at some point when holding for long term, short and day trading does not require patience and you have to understand what to do at every point in time. Know when to get out of a trade, know when to relax and monitor the charts and know when to sell. All those require knowledge to make good decisions and not patience.

[dillah 56]

On 10/10/2019 at 11:16 PM, duncun007 said:

These are some tips to help you thru your trading journey:

*Buy an altcoin that has upcoming news which could be listing in big platform or upcoming fork, or halving (ltc price doubled before halving)

*Exist all trades when bitcoin is volatile because most altcoins dump when bitcoin act like that and only trade when its seemingly stable. just how we saw most coins were in gain last 2 weeks because of bitcoin were some sort stable.

*When you buy an altcoin don’t be greedy and settle for 4-5% gain and exit trade and wait for another opportunity, don’t underestimate small gains because they accumulate to big profits if you have patience.

*Buy altcions during the weekend and also on red Mondays because that’s an easy 5-10% gain most of the time.

if you have more advices you can add them bellow.

I really agree with these tips, even though these tips are old, but they are very useful to make profit. Point 3 it is better as long as you get the profit no matter how small it is, better to choose a safe path.

[camren653489 57]

In every steps or goals that we are making in our life we must need a self confidence enough to take risk for us to be able to achieve our goal, and let us as well take into consideration that at first or just a second try we will achieve it right away it will lead you first in losing, but it is a matter of how we are focus in our goals, if we really want to no matter how hard it is.

[cryptosix 1643]

Quote

When you buy an altcoin don’t be greedy and settle for 4-5% gain and exit trade and wait for another opportunity, don’t underestimate small gains because they accumulate to big profits if you have patience.

*Buy altcions during the weekend and also on red Mondays because that’s an easy 5-10% gain most of the time

These two tips looks excellent for anyone those who want trade and don't be greedy so much as for the Op. I didn't tried on weekend days, but will see how it works on Monday. I. e Tomorrow.

 

Edited November 17, 2019 by cryptosix

[Djlakhany 0]

My tip is to trade with good plans and not try to change it or else we could end up with major damage and losses. I am always extremely careful which makes it so good. I feel comfortable with FreshForex, where they have 101% Tradable Deposit Bonus, which makes working extra nice for me and keeps me comfortable too.

[bucuc342 20]

Trading tips for beginners is to monitor market prices because bitcoin prices are always changing. Purchase coins at low prices and sell it above the purchase price. When trading bitcoin you have to give priority to profit and also security, do not collect bitcoin because trading means to collect profit and not buy goods in the form of Bitcoin

[miran523 70]

The best tip is always buy low and sell high. Usually that is the algorithm of most bots and successful traders, it just depends on how well does a trade determine when it is at its peak or at its bottom.

[Forbidden Capsule 9]

You should be careful at picking who will you trade at and also you should think if you would or will profit from that trade and that you gain more from it.

[Scottsummers 347]

All these are good tips. Since reading the original post I've been taking notice and the rules do seem to apply. I've actually made a few doge with it. Thanks. 

[nasipadang 399]

Sounds good to discuss, I agree with your tips and I've tried it, the results are worth it. But to buy on weekends I do not get the benefits of it, is it still feasible, can someone provide proof?

 

One more thing where when a coin is listed in the market, be careful whether the coin have airdrop or free distribution and something like that. Because the free coins distributed could damage the high initial value of the coin, this year like YO.

[Ajish anto 63]

In my point is every newbie start in low price coins that will give little amount of you some times you buy very trade then you loose the amount it's close to trade intrest so my thing is start with low price coins in low benefit some period it gives high amount 

[chicck 22]

That, all your suggestions are implemented. I do not know that you just need to talk to each other, beneath the strong emotions, this can not happen to you. And activities reckless and unnecessary result in exclusion.

[scorpiali 5626]

Be greedy is the most bad enemy of all trades just 3 or 4 % is enough for me and must be for all succeed traders in Crypto currency

[BitcoinTurk 207]

It is very important to pay attention to some details when trading.  The trading volume of the last 24 hours and the last 7 days, the trade pairs of your current preference, the current price and the possible news should be analyzed carefully.  In addition, another important point to consider when trading is support or resistance points that may occur in the buying or selling walls.  These buy or sell walls are the pointer to which point the current price can reach and also represent the range of price bands that can be traded.

[Tarkin4ik 3160]

This scheme can be used absolutely with any coins, and indeed it is, it seems that everything that is written is obvious, but almost all step on the same rake