Bitcoin Forum

IMPORTANT INFO FOR NEW TRADERS
All the traders who want to learn and earn from crypto trading i think they should follow some trading methods to make it true. All the beginners please try to learn first . without having enough knowledge about crypto trade you cannot make profits easily.As a trader i suggest to start your trading with reliable coins which already make a reputation on market and has a great value worldwide. Don't jump for new coins before getting enough knowledge about that.

Thanks for being agree with me sir. obviously trading is a game of vast experience .

we just have to think wise what are some of the good moves that you must and yet as a beginners following some rules , reading some advice and listening for some others concern for on us we just have to be opened and by your self decision will be the best option that you may ever have to take on.

yeah its the first secret of trading to make profits. every traders should be open minded and take decision on their own

You have said the truth and many new traders are lossing money because they are not ready to spend time to learn the right thing about trade.  We are not going to have any body coming to teach us in other to become a successful trader but we must spend quality time in learning and developing our understanding on how to play trade in the right time.

But I thought OP is going to say some of his secrets to make money. :D

Well if someone want to be successful on anything then he needs to have appropriate knowledge about that fields and also need to have enough experience to be more successful.Better start trading with bitcoin in my opinion.

With knowledge you can't still make money, even if you have some secrets, you can't still make money because others have also some secrets which you don't know, this is not something you can win everytime.

Tips are valuable because when you learn, you earn twice, knowledge and profits. When you lose, you gain the understanding that will help you to achieve again.
You should clarify "reliable coins." As a beginner, you should start investing in Bitcoin and ETH.
Whenever you advance, you can add new currencies such as LTC and Monero.
Finally, after gaining sufficient experience, you can trade in bump/dump shit coins.

It is true. at least new traders should know how to analyze support and resistance this is a basic lesson of candle analysis, many refrensi can be learned about this in google many articles about this and on youtube also many videos about it. so good luck

It's not perfectly worded, but it makes sense. In the end, even if certain traders have valuable information they can use in their advantage to either buy or sell before it hits the market, you can nearly benefit as much as the larger players from these movements. Overall, if you can ride their patterns and book even 25% of the profits in percentages, you have done more than well. Even if it was just 10% it would be perfect -- everything better than looking at the market and regretting that you didn't act while you knew it was an opportunity. I strongly believe that we (regardless of your capital and level of knowledge) have more or less the same opportunities in an unpredictable crypto market. If knowledge was the leading factor, the so called experts and gurus would have been insanely wealthy by now, but they aren't. :)

For me, patience is the secret of trading if you have patience in yourself and you make your decisions by think and giving time you will be successful in this field but if you do not have patience chances of failure are more here.

Yes thats right and additional  for that, if you have already your strategy, keep following it you will not catch all the profit in the world but you can prevent yourself from unsuccessful moves, dont buy all recomended coins, the lack of experience will not allow you to filter all informational Flow and to make right decisions.

I completely agree with you. One must have a thorough knowledge, at least, basic, about trading in crypto market before entering this world. I have seen so many people who just buys a “famous” coin without any knowledge, but that’s not trading, it’s gambling. So the newbies are looking forward to invest in crypt market, familiarize yourself with the required knowledge and start small.

And you call this secret of trading? Pardon me but it seems secret means different thing in several climes because what you posted here is not anything or anywhere near secret its basically what every threads that ask about that talks about what is the basic knowledge anyone should have about crypto trading is all.about. I was expecting to see some top notch advise or tip that would blow my mind away but not any thing close to this at all.

You have a brilliant idea, for a newbie they must gather idea regarding in trading because it is very risky when you involved this kind of business, a high risk is on trading and just like a gambling there's a high possibility that you might be lost all your fund if you are not wise into this. I must prefer on investing than to trading it is lowered risk than trading.

The secret of trading is by mastering the three types of market analysis Fundamental Analysis, Sentimental Analysis, Technical Analysis and proper self-discipline.

Yes that right, for newbie trader is much better to trade in coins on top 10 ranking based on market cap, so when we did wrong prediction the price still able to going up later. In the long term all top 10 coin has potential to continue growth because the total market cap now still small and will be increase.

when trading,you have to experience and knowedge,it is very importance,with exp you know when you buy and when you sell and when you stay out the market and wait the great chance to buy,if you neewbe as me,i think we should trading long term,it is more safe than trading days

If you are a beginner trader, my advice is to use coins with a value that is not too high but has a great competitiveness so you can get multiple benefits, but with a small risk of loss. One of the coins you can buy is a ripple. The price is cheap, but much in demand by traders, so that the movement of coins become more stable.

I think that there are no secrets about trading in here.
Most people think that there is a hidden strategy or something like that, but it is totally false, and you all need to understand that

The crucial secret is money management. Any newbie must understand that trading is a risky activity and when getting started newbie should use such an amount of money on a deposit which he (she) may lose without any troubles.
Anyway my recommendation for newbies it is better to be an investor instead of trader because risks of an investor are computable but risks of a trader are not.

You have to understand about marketing strategy and you have to be patience to wait for sometime. Then you can buy or sell the coins. The only secret of is that you must have to be patience and you should have knowledge about trading skills.

There isn't any secret at all, the only way in that you are goign to earn money, is if you are smart enough to make wise decisions, otherwise you are not going to make anything

You mean to say the key to success in trading, in order to be a successful trader you need to have a strong grasp on the basic market rules for trading so that you will be safe from loss or any problem. Make relevant decisions according to the present conditions of the market and if you follow the right times then you will make profit while trading and this is only possible if you buy coins in a low market on low price.

I guess you are right, about the thread there's no exact secret strategy but instead learned it from the basic, enhance and continue gaining knowledge, its better to start from the scratch as many people who failed from this investment thinks that trading is the right venue to gain quick and easy money, but in reality we needed to have proper knowledge and good practice to be more ready from this volatile market.

I lose almost 1BTC of Bitcoin due to bad trades. The number 1 rule of trading is LEARN to READ Chart. If you do not know how to read them, then expect your investment to crash or to lose its value. Next, learn to be patient. There are times that you do not need to trade. You need to wait for the exact and good moment to buy your position.

I agree to you. Newbies on trading should know first the basics on trading, like how the market works, second, they should know how to identify quality coin, they should also consider the top 100 coins or much better top 50 coins. They should trade first on coins that has quite good market cap, because they will learn how trading works  when they are trading on legit coins and have good market cap.

For newbie traders fiat to crypto trading might be easier and start trading with the bitcoin is best choice and it will help them to understand about what is crypto trading and it will give the required knowledge to do the trading with the multiple coins.You have to start trading with very less amount because if you can't get the things in the right time then you may lose your money so start with most affordable money.

Yes that is true and having a discipline will make you be a true trader and analyzing the market will not make you lose profit.  ;)

It is no secret anymore. It is a standard procedure to understand first the market before going to trade. Only dumb people will jump directly to trading without enough knowledge on the market status.

Traders still lose money but of course discipline will make your trading more profitable. Its true that we must have right information about trading because it will help you to decide the right trading moves for you to win in this market. Newbie should really know how to trade properly and don’t be victim of a hype coins.

I just want to add a little trade secrets. Whatever happens when you trade bitcoin and other crypto coins, it's wise to make a decision. there is nothing that does not have risks, but we must have a way to get out of every risk. every traded coin has its own characteristics in the price of its sale. it is important for us to see the volume of increase and decrease in buying and selling prices. for beginner traders sometimes complain about at least the profit earned from the coins, but they do not pay attention to the increase in volume. in addition to volume, the difference in market price also affects the profit earned. the greater the selling price of the purchase price the greater the gains.

So what's the secret about it? I think it's pretty common to us this days those who don't persue truth about Basic knowledge about identity which is good or not will suffer from their mistakes each and every time this was no secret in fact it was being held for many reasons but nobody would ask questions about it and it was already forgotten.

Good advice and I already do that, give me much more understanding about crypto market and the risk. New coins is bad idea for trade/ invest, don't have history record and they comes when market have down trend, never take that. Learn make me know and practice make me understand, really great for me.

Yes, even how good a trader is, losing profit is sometimes unevitable. It is part of the game. And it's a point where one greatly acquires learning and experience how to handle the trade wiser the next time around. The important thing is to think well before deciding and use such failures to grow more in this field.

I totally agree with you on this, it is always good to have good knowledge of what you are going to do or what you are doing.
Trading is not simple as it seems, not at least for beginners who just jumped in the pool of trading, and burn themselves with a big hole in their portfolio and pocket too.

You can see that the market is fluctuating a lot in recent days, I believe that at this time you should not trade, the market is fluctuating continuously and very hard to guess, bitcoin prices are showing signs of adjustment and slightly down on the $ 6400 mark. According to my analysis, the bitcoin price may reach $ 6000 then rise again.

Starting a trade is how we dare to risk losing capital, because trading has a high risk therefore we must have knowledge about coins that want to trade. And what you say does not take risks on new coins in the market

I think that there is no secret at all, it all depends your skill and the way that you use to trade, otherwise you are going to be a shitty trader and you are going to lose a lot of money becuase of that

The main advice for new traders - always check volumes If want to buy a new coin.  You can check out a coin’s trade volumes on CoinMarketCap.

Good info but the greatest secret when it comes to bitcoin trading is there is no secret, many people think they are going to read a book with secret knowledge about how to make a fortune in trading and that is not the case, most of the positive results a trader gets are small but over time those earnings add up and you can multiply your earnings many times over if you have constant profits.

I totally do agree with you on this as it the very simple truth concerning trading g in cryptocurrencies. The very first thing one needs to do is to gather enough information about how the market works and the stability or volatility of the coin one is interested in trading.
You'll also need to possess the necessary skills so as not to run at a loss.
And there is one thing that is very important to know in trading,  you should only trade with the money you can only afford to lose.

Yes it is a good idea to become knowledgeable in cryptocurrency before you start investing and even joining in bounty campaigns, but you can always learn more through your experiences with the market. My advice to the new people that are joining in on cryptocurrency is to research what it is and what it means to the future of the economy and to also speak with others who have experience and learn from them as well.

One can get success only if he/she is a perfect obedience of the market rules and principles and to hold all these market rules and to put all these according to the present conditions of market. You can not apply all the rules at a time as market situations changes with the passage of time. Following the market rules will make you have a grasp on your trading and then success is yours.

Even though you didn't offer much insight on how to actually get better a trading. And by this I mean you didn't try to explain any type of strategy you use. You did touch a fundamental point about trading. You need to have a plan, and you shouldn't even attempt to trade until you really know what you are doing. I think the best approach for anyone getting started into trading, is to simply simulate trading on tradingview for example, or any other platform or site that allows that. This way they can actually put to the test their strategies without the fear of losing money. Once they show sustainable profit in the long run, it means that it's time to put it to test with real money.

Basically, people will not jump to trading without knowing how and when to trade. Just being cautious when choosing which coins to buy and when to sell it buy.

Many people in their rush to earn as much money as possible do not stop to think how exactly they are going to do that, before I decided to invest in bitcoin I watched the market closely for six months I noticed the volatility and how wild the market seems to be and I still decided to invest mostly because of the technology but that is not what people usually do, they invest first and then they notice the volatility later when they are losing money already.

Just following the trend is a bad habit for most investors, better to deal with full knowledge before starting your venture, I also start investing my
money when I already understand the flow, what is good when you know what you are doing is the comfort of relaxing yourself even you are already
seeing a lots of downfall, believing that its part of the system and waiting for your time to earn.

Of course, the three most important things you must prepare before you participate in the crypto market are:
1. Learn technical analysis
2. Learn how to manage capital
3. Learn how to control your mental ( most important )

But all of those that began investing without that knowledge are out of their minds, it is almost impossible to make any money trading bitcoin if you are not really good at technical analysis and even people like that make mistakes from time to time, just look at the name of the thread there are many people that think there are secrets at trading when that is not true at all.

Let rephrase that not even pro's don't find it easily to trade with no losses so don't make it sound like if you got the knowledge you won't. Every trader lose just not every time but if you got the right knowlegde that is enough to be good knowledgeable trader I think you would lessen the risks involved but if you aren't then you would lose Everytime.

For what I can see so far, reputable coins/tokens should have big community then there are lot of hodlers rather than traders and also the volume is sufficiently big to carry on Technical Analysis and other thing is the liquidity is high. This is other reasons that a new trader will be better to trade on high reputable coins/tokens.

I agree for what you say but based on my obsrrvation to my cousin she never try to study about trading but they can have the skills to undrrstand about trading. Now she can have a good profit and she have the best strategy about trading.

For me the secret of trading is knowledge, expertise and most especially patience. In trading it is required that you have a knowledge about crypto, about how to trade wisely. In trading you need the expertise and experiences to be able to learn and the most important thing at all is you need to have a long patience since this is unpredictable job.

Treading is very risky but if someone want to to earn money though treading they need to take the risk. trader must buy a lot of coins when the price is low and they need to sell those coins when the price is high to make a profit. 

This seems to be obvious, well I just begin my training experience, I was already educated and knowing what is happening on the market. And I start trading from Bitcoin, as a trustworthy coin.

Is this a "Secret"?
Your subject is totally out of context.
Well you describe a basic advice for beginners, and i agree with the words you said.
Don't ever invest in shit coins if you are not experienced trader, they will drown all your earnings. Better to be on safe side and start with coins having good reputation in the market.

yes that is a good info dude. Day trading is one of the best strategy to gain profit but also the best way to lose your money so if you don't have any experience in trading it is better to not use this strategy. I sometimes do day trade, there are times that my trades successfully reached my target profit but there are also times that I loss and when day trading I don't like cutting my losses so I end up getting stuck waiting for the next pump.The best strategy is buy a coin when the price dropped significantly but it is still depends on what strategy works best for you, if you are comfortable with day trading then it is good.

Most tips copy each other :)
In 2018, XMR or ETH can grow 2-3 times, it's not interesting.  it's better to look at the sheetcoins, which can grow 5-10 times a day and also fall. But you need to clearly understand why you take a coin and when you sell it. Most people do not understand this. If you have invested for a year, then forget about the coin.
For example
If you bought 100 coins, then for short and medium-term speculation, do not spend more than 70-80% of coins. 10-30% you always hold if there is a pump x10-x100.

In my opinion, the newcomers should trade famous coins and get a little profit. At the first time, the knowledge is better money. You should not focus too much on profit. You should get experience and knowledge as much as possible

So wheres the secret you are talking?  :) This is just a basic stuff for a certain trader to must have which is "Knowledge" engaging to things without proper informations will lead you somehow into difficult situations which would potentially lead up on loss of money.

There would be no specific secrets of a certain trader to be profitable but in able to have a good performance or do have profitable trades they you should have some specific characteristics of a trader.Knows how to control your emotions, patient type, technicals+ fundamentals,knows on how to control risk and proper management of it.

why limit yourself? why trade only with top coins?
you need to try different directions and observe the risk management.
Most successful crypto-currency traders have no education. They just kept a part of the coins and made a profit.

Yes its true knowledge is the real foundation in this industry, for short term trading you need to be learning everyday about good old fashioned trading,too many people think since crypto is new that the old rules of trading market dont apply ,but thats not true ,markets are markets no matter what you trade on them ,you need to know everything about market trading fundamentals,have an strategy.

Day trading is very hard but it is not until people try when they realize this, in theory day trading looks very easy, you just need to buy a coin for a price and then wait until you can sell it for an higher price, but all of those that have tried day trading know it is a lot more difficult than that, but the problem is they realize this too late once they have lost all their money and they have no capital to implement another strategy.

I think one of the main areas that people neglect when trading is to the consider the movement of other markets and how it affects the price of their chosen cryptocurrency, a lot of people just think that if bitcoin moves down, then other alts also move down in tow, however this isn't always the case and this thinking will lead to a loss of some great opportunities.

I agree with your opinion. The most important thing is the experience and emotional management. We will not be able to trade with luck. sure know how to analyze the new chart can make a profit with trading

There is no secret for trading. All you need is knowledge and also courage to pursue trading because if you want to become a really great trader then you should have a lot of knowledge about the market and how to analyze the market in order to become a very good and a professional trader. Knowledge is almost all of the foundation in every field so you need a lot of that.

one of the secrets can be also to not mix the emotions into your trade whenever you have made some investments. If the emotions get included into the trade than panic happens and the sell or buys may bring loses.

There is no secret in trading, all of the possible things knowledge and lessons is almost available in the world wide web. You need to look for it visualize and try to figure out if it will works for you. Keep exploring and learning with having patience and you will never be in a wrong path of learning.

Becuase trading is very risky.

However, the top coins does not mean that it is the best coin to be treaded. Checking whether a coin is among one of the top coins would be good for investing. The thing with trading is it would depend on the performance or behaviour in a trade. Even if the coin you are trading is one of the top coins, it would not mean that you would profit nor would it not guarantee that you won’t lose any money.

Yes, of course, knowledge is indeed significant when you're planning to start trading cryptocurrencies. Additionally, we must make our own rules and objectives such as making your target profit and make it as priority , the right time to buy/sell, cut loss, etc.

Yes sure, when you start trading the first thing to do is do an analysis of the coins and if you are a beginner I suggest to seek advice from experts.

Thanks! It Is quite useful. I can also say a useful advice - do not fall in love with single particular project getting close to it. Because it is dangerous if it will fall, you will fall along with it sticking, instead of selling it without emotions

Yes, this is indeed a very important criterion on which your profit will depend, but I would advise all novice traders not to start trading a large amount of money immediately. Start trading with a small amount and as soon as you learn how to successfully do this, increase your deposit.

There is no secret of doing that,  only you have passion and knowledge of trading works. Mostly traders study the trend of a certain coin before investing as they have knowledge of that coin will have a good future or just got nothing in the end. They've got successful because they learned enough from their past experience.

New traders has to learn the basics and get experienced in trading. Learning , studying the market making own research is important.
It`s like in chess You have to learn how pieces moves, but the secret is in : how to play the game.

This tip is not new and is a basic for traders regardless if its stocks or cryptos. If you want to earn, go for those that are on the top 10 of Coinmarketcap until you get used to trading. In stocks, its good to join IPO's because there is a big potential that after being listed, price may jump 10%-30% or even more. In ICO's it works the same and returns can be higher but, the number of legit ICOs are less than the those who are just there for the money. After the ICO being listed, there will be no progress and some wont even make it to being listed.

The secret of trading isn't exactly much of a secret. Simply understand the market you're looking to trade in, and then you stand less of a chance of losing! Combine that with technical analysis and get access to information first and make decisions on it, and you are left with a winning strategy.

Great capital for trading
BTCTC
ETH

In choosing a trading pair make sure the 24h volume is above 500,
so that it is easy to buy&sell

I think high capital or 500 volume is not needed if the trading volume is high and price fluctuations is high then you can trade it and in short you can get profit

Trading needs a lot of strategies like patient, making a research or anything that can help to you to grow your money.
Trading is not easy need a lot of knowledge there before you start better if you have some knowledge before to start it because if you do not have enough knowledge can cause losing your capital.

right. as beginners should start with bitcoin, because it can know the history of bitcoin prices in the last few years, it also anticipates the risk of big loss for beginners and also as a beginner do not trade long, because most beginners only think big profit, all must start from zero. little by little so as to have a pretty good experience to trade in the future, to get more profit, all of us here as well as beginners just think big profits, little profit but konsistan get more profit

if you want to be a good trader then must be willing to learn about trading and how to be able to get a safe profit because trading in the crypto currency  have a high risk and needed a good strategy and knowledge

The best way to learn is to practice something. If you have someone good to follow, some experienced trader who is willing to show you some tricks you will progress much faster than to do it alone. Just reading and following is not enough, you need to be work on your operating skill, and in trading to operate and to know where market is heading you need to know how to classify news, how to recognize fake news, to have good prediction skills and that`s something you practice.
Secret is in activity, more active you are more time you have for following cryptoworld more success you can have in trading.

I would like to add some basic or tips in regards on the topic of secret of trading industry , basically it's have ups and downs , and twice the risks than investing if you don't have a proper knowledge about it learn first that's the basic , read and learn , the link is down below feel free to look , i hope i help. Good luck.

Link: https://cryptopotato.com/8-must-read-tips-trading-bitcoin-altcoins/

A beginner is like a beginner in everyway, school, business, work, even in church/religion, you have to take babysteps any beginner who wants to skip baby steps has to either be very rich and wont mind losing so much before catching up or plain stupid. With trading you have to actually understand what you about to get into before you actually get into it, investing is different from trading, you can by leap of faith buy coins and hold it hoping that there will be a price increase, but if you want to trade you gotta look with your 10 wide eyes open.

base on my experience yes its true if have a new coin appear on exchanger dont buy first. just wait the price became low before you buy... because more coin holder sell their coin after ico ends..

the real trading secrets lie only from your patience and emotional control skills, controlling both traits I'm sure you can get a lot of profits and will make you rich because you can get a lot of results. the point is not easy to be affected by bad news.

I am totally agree with you. For trade we need to control our emotion. a lot of people lost their money for losing the emotion. As a trader we need patients also. Without patients trade is not profitable att al.
also before doing trade try to select top 50 coins. because others coins are risky to do trade.

Indeed, it is really important for the new traders here in the cryptocurrency world to invest first in knowledge and study about Cryptocurrency trading methods and tips before investing your money so that it won't go to waste and for you to know how to handle your money and be more confident in your trades. Google and Youtube has a lot to offer to help you know more about Cryptocurrency trading. Good luck to everyone!

Actually there is no secret in trading because all things can be learned in this field.
As long as you have a courage and perseverance in this job you can easily make some ways that can leads you to success.

not only in cryptocurrency but in everyday life is also the same, because there is a saying "experience is the best teacher".

because every experience of a trader knows when he will profit and when he will stoploss so as not to suffer a deep loss.

Although this is true, it’s a very general statement. I would even say before trading on the real markets, you should do some paper trading.

People need to concentrate on how not to lose when trading, this may seem weird at first but most people lose all their money when they trade after just a few months, if you trade and do not lose money at least you are way ahead of the rest of the traders that lost their money, then the only thing you need to do is to make less mistakes and to profit more from your winning trades and then you will become a trader that earns money.

very easy to say and difficult to practice, I experienced it and do trading that is not easy.
even to this day I still have difficulty to get profit. I almost stopped :(

The secret of successful trading is to take a step back from the market. Trade with the big picture in mind at all times and don't follow the day to day market movement. ... The key is to buy when the market signals the start of a bull trend. Select leading stocks that are outperforming the market.

I agree with this. And that is also the mistake of new investors. They have a habit of trying to catch up and keep up with the trend. But they do not know that it is risky. You want to diversify, surely you need more experience and practice to understand. The commercial is now supported with great tools and utilities. It's worth using to make better profits.

This forum has a lot of useful information for studying and avoiding mistakes in the future. It is not necessary to make mistakes which can be avoided.

From my opinion, i think that there is no "secret formula" if you are new to trading, it all depends on your skills and if you have some experience on forex, binary options or any other trading situation on the past, you need to have that

for new traders they have to do it all it, and they should also be able to understand the movement of coins in the market, learn speculation and have a good analysis it even one of the capital it to trade as well, and a beginner should be able to control his emotions and panic in buying nor sell in their trade.

Should've made an example and that is bitcoin.
A reliable coin which have a good fluctuation and can easily make some money out of it.
New ones tend to risk it with a recently finished ICO which just hit a good trading website. That is already a risky move which could make some loss.
If you do not know yet what length of fluctuation it could give then do not just go jumping in.
Example also is Ethereum. I have seen it go back and forth from 400 to 500 USD. Just a large amount of it can give you 50 to 100 USD of profit per Ethereum.

All these even starts with a very great knowledge. This knowledge is one thing a lot of people do not have because they always refuse to learn most of the time. What some people just want to do now is to hit the exchange and expect to start making money from the fluctuations by buying low and selling high which is not a strategy.

Even if you are buying or selling, there are certain things to be looked at to help fuel that decision, and the truth is that so many people usually discard that and end up facing the consequences.

trade secrets in my opinion is patience and not ambitious, it's useless to have professional trading skills if you can not manage your emotions and ambitions because it will hurt yourself.
one does not need to have good trading skills just have to have the ability to manage his emotions, it will provide a consistent advantage even though it is not big

that makes sense but the words dont matter a lot unless they related with a direct experience

The most important factor of trading is patient. After investing somewhere we have to weight for moon. If we can't weight we will loss some profit. As well as we have to observe and familier with graph patterns and predictions of crypto experts.

For newbies also important to test their skill first in demo account before use real money,  and also should learn basic of trading, that is technical  analysis and risk management.  I seen many newbies trader make big mistake in trading,  one of the this mistake  is they never use stop loss and finally  they can not handle and recover  their big loss.

For amateurs likewise imperative to test their aptitude first in demo account before utilize genuine cash, and furthermore ought to learn fundamental of exchanging, that is specialized investigation and hazard administration. I seen numerous beginners merchant commit huge error in exchanging, one of the this oversight is they never utilize stop misfortune lastly they can not deal with and recoup their enormous misfortune.

right. I totally agree with your opinion. I am a blind person on the investment knowledge and the Crypto market. I did not listen to my friends, I invested blindly and expected good luck to come to me. But it was not so, I lost more than $ 3k in blind investment. This is a real lesson for new traders. Try to learn well before investing.

Not all coins you invest on will go to the moon. And some may take years. The question is, are you prepared to wait that long? It's not always about patience but you also have to be smart in choosing which coin to deal with and have a sensible target both for buying and selling coins.

for the best trader to do is confide in yourself and just think that you can overcome it even if you are not as smart as others think it is important that you have done it right

For a newbie , especially how to sell, how to buy , how to withdraw and how to deposit parts are more important than coin type.
First try to understand basic of exchange you trade. Then choose coin type and check specific rates before trade

The secret of trading isn't exactly much of a secret. Simply understand the market you're looking to trade in, and then you stand less of a chance of losing! Combine that with technical analysis and get access to information first and make decisions on it, and you are left with a winning strategy.

Yep, but analysis itself takes a lot of time. I'd rather choose a good source to know everything from one place and I'm even ready to pay for it

that's why some projects started working on it to make a product that market really needs. I also made a research to find the sources you're talking about
and found some

I know that first you need to learn first - than trade. Ok Anywhay which product do you mean?

yeah, I agree, one of the projects is https://streamity.org/en/
btw, they are launching a school where you can find important things about cryptoworld, so that's how you learn :)

wow . i will look

If I think we should understand about marketing strategy and also we have to be patient waiting for a moment. What we need is the knowledge and also the courage to pursue the trade because if we want to become a very good trader then we must have a lot of knowledge about trading market.

I think the most important trading secret is that you should be able to control your patience because if you do not control your patience then it will definitely suffer a lot of losses.

The first issue of trading is experience. If it does not, then you have to know about it. If you are fully aware of it, then only to avoid the terrible thing called lose. In fact, trade at the right time and in the right place. Otherwise, the deceiver will fall into the trap. In fact, having full knowledge for trading is important.

You made a valid point. One of the secrets to trading is to get information and adequate knowledge on how to trade effectively using the technical analysis or wether you want to make long term trades or not.

Before you start trading, you need some level of knowledge in trading to prevent loses from occurring. For instance, I gained my little knowledge in trading from following forum discussions  and watching videos on crypto trading from popular crypto channels on youtube. The secret is that to be successful with trading, you need to be mindful of the kind of coins you invest in.


 

The key to success in trading is education and self discipline. It's a requirement for individual who desire be gurus in trading to get involved in active and iterative education with regards to trading

Yes. That is a good advice to make a profit. In special deals is the Crypto market. If you do not have much experience, it will be very difficult to make a profit. Knowledge and experience helps people reduce their risk of losing money. I think managing capital in investments, and limiting greed is also important if people do not want to lose money.

i fully agree Other newcomers thought investing in bitcoin or other alt coins is a sure huge profit as what they see or read in the news. but if  they are too reckless to buy altcoins with out studying ti project and chart they may end up losing their money. Though  i'm new to crypto also i only invest in alt coins which is in top 10 of coinmarket cap.

I think that the nature of the trade is not any secret, you just have to pat it but some rules of the trade can be successful and can reduce the risk. The market is bearish in the long run so bitcoin prices will be hard to recover, so at this time you should only trade short-term day to be able to reduce the risk.

they should avoid this way of how they can be able to think on bitcoin , why case this is just a way of how they can be greedy on making or the way of how they can earn some profit here.

If we talk about crypto trading, it's something unpredictable compare stock trading.
Remember that bitcoin value purely depend on supply & demand so it's unpredictable activity even for experience crypto traders.

But if we can just act an investor, yes just by Hold it, you will see the profit comes in the next few year in the future !

Right.Make sure you are investing on the coins that will have more potentials in the future,and not just shitcoins that will only waste your time.I suggest to start with bitcoins because even if they have low price at the current,the price will surely goes up gradually just like the previous price movements.

Its a quite simple advice, but has a lesson especially for the newbies In trading. When I was new here, I try to Invest first In bitcoin, since I don't have  any Idea about cryto, but when the times I discover altcoins and learn how to Invest with It my knowledge In crypto were Increasing as the time pass by.

I don't think there's an exact secret for trading. To master trading is to gain knowledge and continue to explore trading ideas, and I believe everyone knows that. It takes commitment, discipline, patience, and positivity inorder to learn and familiarize its functionalities, and to manage risks constructively. It is also important that we do background check before trading or investing to a potential coin.

I believe the most important thing for you to trade into is not accurate analysis but it is your discipline that you can see that with a wall in downtrend Discipline compliance is very important, it helps you to minimize the risk of trafficking and ensure profitability.

If you have an accurate analysis and have a specific plan but do not follow the plan then you will also suffer a loss or a little profit, so trading is a boring job.

Choosing good coins is critical to the success of investing in the cryptocurrency market so investors need to spend a lot of time on this. Do not invest if you do not really understand the project. I believe that if you invest your time and effort seriously, the results will be better.

In trading,especially for those newbie in trading, dont ever get out in the field of trading without enough knowledge. There's a lot post here in bitcointalk which is very helpful guide to start up with,there's lots of you tubes and group chats outside the forum also. there's also signal group in telegram but i do not advise to follow their signals,better check the market on your own. have time and give your focus when you're trading.

good advice but nowadays it is very difficult to pick a good coin in the near future. unless you are ready to hold the coins for the next few months.
and hold for me is not an easy and fun job. 8)

I can also say a useful advice - do not fall in love with single particular project getting close to it. Because it is dangerous if it will fall, you will fall along with it sticking, instead of selling it without emotions

For me there is no secret in trading, because as long as you know the basic knowledge about in doing trade for sure you will never loss a huge amount. But as much as possible buy those coins that has a high volume of bitcoin as long as it is not below 3BTC, this is just according to my observation.

People always found what is secret of trading. There is too many telegram secret group, they are provided some secret tips for trading. Recently I join one secret group but sometime later they want 2 ETH for VIP trading tips and finally I understand they are a spammer. If someone offers you secret tips, you should ignore this topic because you can lose your money. I think there is no secret of trading.

I think that it's all depends upon the market prices level and most of all you should have knowledge about good trading skills and you have to understand about the market strategy.

Successful trading requires a lot of time, concentration, and most importantly constant learning. The trader learns from mistakes. Only our own experience, both positive and negative, will allow us to develop our own profitable trading system. In order not to sell on the red market, I always set a stop loss.

It's kinda obvious thing but one should get rekt to understand this simple truth. Experiencing market cycles is important, those skills very hard to learn by reading books or articles.

I very much agree with the qualities described above for what makes a good trader but if I may also add confidence is also important.

nice advice, but i want give 1 point even if the good coin like xlm,eth,neo will be down if btc down. because their follow btc price,but will be good for long term.
so, its doesn't matter where u playing, because new coin can make a big profit for once trading,and also high risk.

Even to start with good coins, one need to understand fundamentals behind a particular coin along with technical analysis that will help in analyzing the entry-exit points along with stop loss to maintain the risk-reward ratio and doesn't get completely robbed off your money in this highly volatile market. i always suggest people to start with demo trading and then jump in the real market with real money but in small amounts for just learning purpose. And after that, person should jump in with the proper investing amount.

You need to be confident about your trading skills before jumping in this highly volatile and manipulated market.

Just learn the basics of chart and hit the exchange,
experience is the best teacher, good luck and invest wisely!

Beginners should start with the book and not with bitcoin. In fact, for a market as bitcoin, it is more of a matured market than most other altcoins, and you really want to know what you are doing in terms of knowledge when it comes to trading such market.

To trade any market effectively, analysis is so much needed and this is something no one can achieve without learning which makes book very important for success in trading. If there is some secrets hidden in trading means then that should be the learning process. Most lazy people miss it out and crying by blaming the behavior of markets.

There is not secret and all the processes are clear and simple with different routes but the end point is same which is profit. We all are here for profit and we choose a better place which is crypto market for trading with different coins. If you have the basic knowledge then you will be able to make sure your survival here so focus on your knowledge and connect yourself with experts so that you may get experience.

Well trading is a tough game and one should be good enough both mentally and financially to trade and trade for profit. No matter how much the market is red, a mentally and financially active man can make his market favorable for himself by making use of his knowledge and funds.

Besides, since there is no perfect trading, one cannot always earn and at times you are unable to earn, you should hold instead. This is a strategy that gives you enough edge over all those who sell in panic.

There is not any secret thing in trading now all you need is to follow the basic market language, strategies according to different market situations, rules and guiding principles. Trading with less valuable currency or coins will give you less return while more valuable currencies will give you huge returns and valuable coins are two which are favorable for long term, Bitcoin and Ethereum.

This secret is the knowledge and the experience. you always need to work much to learn a lot about trading, and in this case, you will succeed. You must also have some luck for it. I am sure that it is needed.

Thanks for taking the time to post this. And since you mention it, how can you tell how much you have in front of a reliable currency?

Also think that the market is not always on its peak and it is normal if it drops.  Learn how to be patient and be deaf on the things that can turn you around. Always follow what your instict will be and focus on your goal. Remember why you started cryptocurrecy. Is your profit enough? If that is, then you can stop.

I agree with what the OP says and this's very wise. We should be able to take advantage of clear and real coins have a good reputation in its class, I need not mention maybe everyone already knows. For me the new coin's still dark and not yet clear its development, because in investing and trading the cryptocurrency, guessing strategy isn't feasible to use.

While I can agree that being knowledgeable definitely helps, it however doesn't make you successful in any shape or form. It only grants you slightly better odds over someone that knows less than you.

I would even say that the more you think to understand this industry, the more you'll see how empty it actually is. There are no proper investments in here, and trading for most people here is similar to gambling.

Luck is the main factor in this industry due to its speculative nature. I haven't taken positions in any coin other than Bitcoin and that will probably not change. I'm not impressed with the rest of the coins.

There is no secret in trading, you can always check for the stable price of the coin you are interested or look at  its platform in order to determine if the coin is profitable or not.

Thanks for being agree with me sir

Yup it's better to be called a "system" in place brought by study and discipline. Testing that system it the thing that makes a true trader given all the other principles involve to define who you are and what you do.

You should stop saying that there are secrets for trading, because it is not true and people might be confused when they see this post, so better to clarify that.
The best thing to trade, is just to learn, that is how you will earn money

Commercial experiences can only be obtained when direct experience and investment in the new cryptocurrency market is known. I think that trading is a good way for traders to master their emotions and greed.

One suggestion from me : you can use testnet of bitmex exchange to test yourself with fake money. So you can try indicators or strategies without losing.

yes you're right if you have enough knowledge you can easily make profit in trading however there is no secret in trading all you have to do is learn how to read chart and when the right time to enter in the market

 I highly recommend Trading View pro, and something else called 3commas. Trading View is well priced for great charting tools, and 3commas has a lot of crazy good features for trading. You can set sell orders and stop losses simultaneously, and set trailing stop losses, so the stop loss goes up with the price of the coin, and will still sell at a profit if it drops too low. Both have saved me far more money than they cost.

A trade secret is information that is not known by the public in the field of technology and/or business which has economic value because it is useful in business activities, and kept confidential by the owner of the trade secret.The scope of protection of trade secrets include production methods, processing methods, method of sale, or any other information in the field of technology and/or businesses that have economic value and unknown by the general public.The protection of trade secrets in the information: confidential is only known by a particular party is not in General by the community, Have economic value when it can be used to run business activity or commercial nature wrote or can enhance the economic benefits, kept confidential if the owner or the parties in the country have been doing the steps that are viable and worthy.

I think there is no secret at all, the only way that we will get the money, is if we are smart enough in to make wise decisions. The most important factor of trading is having to be patient after investing somewhere we have to be heavy to round. If we can not weigh, we will lose profit.

I agree to what you have said. In trading you have to study and learn it first, if you do not know how to do the trading then you will not earn big profit. You should study the strategy on how to do the trading so that you will earn big profit. It will not be easy for the newbies to do the trading if they do not know how to trade and if they lacked of knowledge on trading. Trade only coins that has a potential to earn you big profit then if you know how to do the strategy then that is the time you can trade coins that is new in the market. You can also ask the experts on how they do the trading so that you will know how you will do your trading.

Your suggestion is good for newbie. I accept it. Yes, don't go ahead to the new project before getting good knowledge about blockchain system. If you will have good knowledge then you could join ICO because ICO is good to get fantastic profit from Crypto world. I love ICO

I Also surmise that the market isn't generally on its pinnacle and it is typical on the off chance that it drops. Figure out how to be persistent and be hard of hearing on the things that can turn you around. Continuously take after what your instict will be and center around your objective. Keep in mind why you began cryptocurrecy. Is your benefit enough? On the off chance that that is, at that point you can stop.

obviously there  are Trading Techniques on how to trade crypto currency, it is very risky to those who are new to the trading thats why before you trade just ask for friends help that is knowledgeable in trading .

One of the first steps to begin your trading career is to learn how to trade. Trading established coins in this market is the best way to start as a newbie as those established coins have volumes and you won't be burned so badly unlike lower coins with low volume, those coins can go to zero and you lose your funds in it

I agree, and thats what I always tell my friends and family if they want to venture in crypto trading that they should at least educate some basic knowledge about simple trading itself. And trade in an amount you are not afraid to lose because tradingnis always risky and you might lose everything too if the coins you chose are those shitty ones.

Trading is not at all an easy thing to do and that you cannot become a successful trader until and unless you don’t have enough of the knowledge and the basic skillset which can then help you in making a better strategy following which can help you in having some good earning at the end of the day. Staying patient is the must condition and that you have to fulfill it no matter what to make some good earning.

I believe that the market at the moment you should only trade bitcoin, can see that bitcoin prices are rising very strongly but the market capitalization does not increase much and the price of altcoin is falling very strongly, this shows that capitalization Of altcoin is pouring out bitcoin. In order to make a profit safely, I believe you should invest in bitcoin.

well, using coin coins that are famous all over the world will make the risk in trading will be very small. well, even though it's risky to make you lack a little amount of money, but it's still better than using a new coin to trade. well, that's a good idea for a beginner.

I guess most people who are new to investing in crypto just read some random opinions from "crypto experts" and invest in the coins/tokens these experts are hyped about. Mr. McAfee is a good example of that. Find your own trading standards and don't follow other people opinions without checking the facts.

Agreed, there are many proven and tested trading strategies out there,
search what suits your need the best.

Good advice. Every new comers to crypto should know about this.

When it comes to becoming successful at anything there are no secrets but what it happens is that people do not want to accept the bitter truth that if you want to become successful then you need to work really hard to get there, this is why people keep looking for secrets because they want to find a shortcut, they want to find a way to become successful without working hard but that is impossible.

There can be nothing but the hard work and the efforts which you put in which can then help you in becoming a successful trader in your life. There is no such shortcut which can help you in earning of lot of money and that too in no time.

If you want to become successful, then you must keep on working harder and that you need to learn the techniques which can then help you in making more money.

Yes correct lots of working strategies out there to be used in trading method that shared by most experienced users in crypto trading, if you want to start trading you should need to watch and learn and pick what is the best and much easiest strategy for you to able to get good income in daily or long term investment of course having huge capital is an advantage.

a lot of advice, tips, and tricks mentioned above, but actually the secret of trading is in yourself. because you are the one making the decision in the trading strategy. you must have many plans to manage your trade. I think you should read the book 'TRADING FOR A LIVING' by Dr. Alexander Elder. the book will give you a lot of knowledge and improve the management of your trading strategy.

Trading is not an easy thing to do and that once you have made up your mind to jump into trading, then you must put in lot of hard work and personal efforts so that you may be able to gather enough of the knowledge regarding the things related to that of the crypto currencies and trading which can then help you in making better strategy to make some good earning.

I agree with you, trade secrets are our own that can decide. We can make short trades and long trades based on the analysis of each trader. If we decide which scalping to learn is technical analysis if you do not type it, you can follow someone who has many supporters in his analysis, for example, John McAfee, Cryptoyoda, and others.
I also love the classic book, trading for a living will keep your emotions in trading.

You have mentioned a lot of good things, It's true that without having a proper knowledge about the crypto then we can't get a proper profit from this platform. So knowledge should be the first priority regarding this issue.

if newcomers read these messages before entering the stock exchange, I am sure that the positive background would be much better. I studied on a Forex demo account and it gave me a lot of knowledge, cryptocurrency today gives more opportunities for learning and a softer school for this. Therefore, I suggest not to miss this opportunity to trade real money in the emerging market to gain more experience

newcomers read these messages previously entering the stock trade, I am certain that the positive foundation would be greatly improved. I considered on a Forex demo record and it gave me a ton of information, digital currency today gives more open doors for learning and a gentler school for this. Thusly, I recommend not to miss this chance to exchange genuine cash in the developing business sector to acquire understanding

If you are trading less volume market, you stand a chance of higher volatility which makes it a huge risk in my opinion. You can be making a good profit, but considering the risk, you would not want to be putting too much money or funds into such market. It is more like trading penny stocks, as they can easily get pumped and dumped pretty fast when compared to market with bigger volume.

Crypto trading does not require any special secrets to be unveiled. It is very much similar to all other trading and markets. We just need appropriate knowledge and experience. Just finding some time to dedicate only for crypto trading will make anyone as a successful crypto trader in matter of few weeks.

People do not want to recognize it but those that are successful most of the time are because they are willing to work harder, when East Germany was part of the USSR everyone was poor because that was the reality of communism, but once the two Germanys reunified the standards of living of everyone in East Germany improved but there were some that became richer and were above the rest in terms of financial wealth and even if everyone was better some were bitter since they could not give any other explanation except those people worked harder and deserved that wealth.

Those who needs to join newly for trades mostly news readers & most of them attract to crypto space expecting everyday money. This is where they get mistaken. If money is the first target this won't work for noobs. Trading needs a lot of practice, Patience, stick to certain trading theory & practice & desire to learn from mistakes. Once anyone equipped with those qualities can build a trading as a career. Do mistakes but learn from it. Don't be greedy in the market. These are not just words. Theories which developed by many expert traders. Why learning is important at the beginning to avoid mistakes & earn well in the future.

For sure! Should be written EVERYWHERE for all the newcomers. Read reviews, comments, check more communication channels like telegram or medium to be absolutely confident in what you are doing

yeah that's true for beginners Traders must understand the important points things before trading.
I will give you additional important points before trading
1. Understanding cryptocurrency Movement Characteristics
2. Understanding cryptocurrency Movement Characteristics
3. Make a Trading Plan
4. Using the right indicators and trading tools
5. Predicting the direction of movement of the Trend
6. Read global news and news events that will appear
7. Make a Trading Journey
Trading journey is a daily record of a trader during trading on the market. So, this trading journey needs to be made by a trader to see what lessons can be learned from trading.

The most important secret of trading is that their are no secret....

Lol . that is not a secret anymore , but yeah i agree that theres no real secret on becoming a good trader  . all of us can become good at it as long as we are dedicated to learn and accept our losses at first .

Most importantly , we also need a luck because crypto trading is verry unpredictable even if we say that we already master our skills and known strategies , there is still a chance that the movement of cryptos will change due to some other factors .