Bitcoin Forum

I created a blog (https://t.me/utopiacommunityeng) with advices from experienced users. I have collected 5 recommendations for you:

1 - you should buy as much as it is not a pity to lose
2 - then waiting for the doubling, and fix half of coins (we return the initial bet) and continue for free
3 - fixed when achieving the desired result 4 - Do not put all the eggs in one basket. 5 - Learn the basics before start
5 - Before investing, study and ask.

Can the community add something?

6 - http://www.investopedia.com/articles/trading/10/top-ten-rules-for-trading.asp

It seems investopedia article summarize most important things for trading.
We would like to see and read your article, but I will mention my opinion about trading:
- don't be greedy and go all in - like you said (don't put all eggs in one basket)
- profits gain at the right time (people who could buy at the dip and sell at the highest price will make more money obviously)
- trading - it is gambling as you can win and lose your capital.

1 - you should buy as much as it is not a pity to lose
2 - then waiting for the doubling, and fix half of coins (we return the initial bet) and continue for free
3 - fixed when achieving the desired result 4 - Do not put all the eggs in one basket. 5 - Learn the basics before start
5 - Before investing, study and ask.
6 - Do not be greedy in taking profit
7 - Do not daydream too far from the analysis and facts
8 - Pray before work  :D

I didn't understand any of that other than to ask questions.   I don't even see the point of this thread, but I'm sure that won't prevent alt accounts and shit posters from writing whatever diarrhea is begging to be extruded from their orifices.   What are you looking for here, OP?

Well all I see in this thread here was jud the personal ideas of those trading advisors who had their own insights. But I could not recognize most of their quotes because it's more on enumerations and not a discussion. In order to give advice to the traders, it must indicate good thoughts regarding trading issues and provide information on what cryptocurrency they are up to; and the most important technique to do is wait for a good timing of a coin sell value to rise higher and have enough patience not to panic. That's a certain situation that will give regrets to a trader who holds the coin but suddenly changes the decision and sell the coin immediately when there's a sign of price value drop.

Thanks for reply

1 Own strategy
2 Self control
3 Money management

Happy trading..

not every investment doubles in value, waiting for double profit in everything will lead to lots of losses when you miss the profit due to smaller rise and then experience the dumping side of the equation specially in the altcoins.

also you are not gambling, so why are you calling it the "initial bet"?
and you never continue for free when you don't sell all. you are still having some money even if it is profit in the market idle and without any work done on it.

This is pretty much it. Everything very important is already included in the list. This is a very important list that everyone should take note especially to the newbies and interested people to join crypto trading soon. In other words, invest only what you can afford to lose. There is money there but there is also an equal amount of risks involved. So better not to expect all the positive. There are several things we may not have seen that will happen. And then of course, diversify investments. That is safer and much better than all in.

I've been trading for some years now, what i can advise are the following tips that me and my friends follow whenever we invest, first is to only use your extra money and never your savings,  in that way you will be ready financially and hopefully will make a better judgement. Second, check on this company, if the company has values and you are sure that the company has all the things you are looking for, like a good promotion for the company, marketing, roadmap , etc. And lastly, look at the charts, and make a good entry, always be sure to buy it low, and know when to exit.

in my opinion one  most important element in trading after trading psychology is money management. Money Management is an art. The management of capital by applying tight capital risk management is called money management. New traders usually neglect it and their focus  on gains .In order to survive in the market, a trader must know how to manage capital.

It must be remembered that trading is not getting rich scheme overnight. Everyone must be prepared to face all kinds of situations of markets. Usually newbie do many kinds of mistakes in trading like lack of knowledge, money management, not to cut loss.So keep this in mind that would be beneficial for newbies

If you are trading using signal group, be careful don't just follow their advice, you need to understand the basic it at least find the news before believe in trading signal group
Patience is important in trading but you need to know when to sell, because sometimes patience can make you lost more money
The last advice is it's normal to lose money in trading, so don't be too upset if your speculation is wrong, and trading is risky things, so always prepare to lose the money

for me,
1. Get adequate trading knowledge
2. Keep to a working strategy
3. Do not be greedy / Be disciplined
4. Pray , Pray, and Pray