Bitcoin Forum

I would like to extend my sphere of people who trade beyond the internet and find some knowledgeable traders in real life. What do you recommend or not recommend?

CMT Association is one I am considering but it looks expensive and I wonder is it actually worth it?
https://cmtassociation.org/

Two more associations for us to consider:

The Security Traders Association of New York
https://stany.org/

National Introducing Brokers Association
https://www.theniba.com/

Two for cyrpto-currency professionals:

Digital Currency Council
http://www.digitalcurrencycouncil.com/

Crypto Currency Certification Consortium
https://cryptoconsortium.org/

What's your net goal here? What do you think these "real life" traders will bring to the table? Are you trying to become a better trader and make more money, or is this about establishing a social network? If it's about improving your trading and profits, I doubt it's worth it.

Anecdotally, the only Wall Street traders and brokers I ever met were coked out assholes. Your experience may vary.

Yes I would like to improve those three things I put in bold above. If I can interact with a person who has spent most of their life trading successfully, it would be better for me than sitting in front of a computer reading. It goes the same way with any craft: one hour with an expert would be the same mileage as 1 year reading alone.
 
 
True, but not always? There is a book written by one big time person and I'd like to ask for them to mentor me. What is the worst they can do, say no?

You got the point here Pipdips it is really much better on that way but the thing here is that not all people do have that kind of funds to follow or join up those kind of organizations as you said it is expensive specially for those so-called elite trader groups.This is why most people would just stick out to reading instead because not all who just joined will able to cope up and the thing here is that subscription is on limited and if you your brain cant absorbed all the lectures been told then its pointless and a waste of money and time.

Tip: Read books written by professional traders and friend request them at LinkedIn.

https://www.linkedin.com/

As far as the most traders here are concern (or big players are just silent), they not preferred to participate in trading associations since it can be learned in our own way. That's the most response you will get.

However, since you point out that...


... then you are the only one who can check if it's worth it or not. Follow your own way if that you believed.

I believed you already did your homework before considering those, it's necessary in the first place.

Don't know the legitimacy of the service so good luck putting your money.

There's this leading trading club in the country and a popular organizations for those people who wants to trade with just basic knowledge in trading. I am not a member but a close friend is. He said that the club will predict whether the stock is on its peak so you should sell it and if a potential stock is going to zoom. He said most of the time, the predictions is true. One thing, the club has monthly membership fee.

usually traders have their own group to share the opportunity that occur in market.even that in telegram group or in other ways.but mostly they have it.joining in this group really help us to catch best opportunity to earn money.

I'm part of a group of crypto traders who specialize in day trading alts. We're called Voodoo Crypto and offer guided training help traders improve their skills.

www.voodoocrypto.com

Then if there are professional associations, will they accept beginner members? I don't think so, because professional associations are formed only for elite traders, so my advice is that you better study on your own, enjoy each level because in every level there will be experience that we get. Maybe you can join a professional association but you will not get the experience that other members have.

What organization are you writing about? CMT?

I have been a member of professional organizations before and it is hit or miss. Some are very helpful for newbies, others will claim to be helpful but they are the total opposite of that! Or they will be very selective and biased about which newbie members to help out and leave others in the dust.

I would pay a monthly membership if it helped. I just do not want to see it go to waste. If they were leading me to great stock investments and I was making money from that I would want to be part of their group right away. I think it would be interesting to be involved with a group like that!

The bottom of that website states "Enroll in Course for $1997"

No thanks! That is way too much money.

I think very successful traders had mentors or somebody around in their lives that was involved with trading. Somebody helps them and gives pointers along the way.

Here look at this learning pyramid. I want to optimize every aspect about how I learn to trade successfully and make more money. Close in person discussions with professionals will help my progress.

http://stephenslighthouse.com/wp-content/uploads/2010/02/learning_pyramid.jpg

Yes I think those who became successful has a mentor that really teach them the tricks and trade. But it usually cost some money as well. I'm no member of any trading associations, I just learn trading by myself and I don't consider myself professional though, but I love the experience that I'm getting so I'm not very keen on joining any associations or club. Trading is a journey, just a small step, learning a thing or two in a day is already a big help for me, just saying.

Great point, if you will be able to find the right sets of people to guide you on how trading will works for you, your edge for being a successful traders will be anticipated, no need pay attention with the amount that you need to pay your mentor, if those skills that he will be sharing is worthed to what you'll going to learn, it's important to have proper guide to lessen mistakes to happen inside the exchange.

I don't think we need to spend money to learn much about these theories. For me, investment is an interesting field and it needs experience. In the field of crypto, we need to experience more than reading.
Knowledge may be true but only failure can make us remember it forever.
Believe me, we need more practice.

  I am not part of professional trading association but I know myself that I am capable to trade and gain massive profits, because I peruse every current situation in order to succeed. Even those who are long on trading had experience loses and I believe loses will lead to gain knowledge by dealing it appropriably.

"The security traders association of new York" Is it only for America citizens? I will like to know more about this American association because I am not from America but desire to be among this type of association. I think we should also have associations as a cryptocurrencies traders. It will help us sharing cryptocurrencies related trading information and we would there really benefit from those information. Just that the association should accommodate enough in other to be able to attract many cryptocurrencies traders.

This policy can be implemented for many countries, not only from America, we all know that the outstanding exchange is not only from America, but many countries have created exchange platforms so this policy should be available for all cryptocurrency markets from any country.

I am not involved in any community in trading, I only get information from several websites that I make as references.

Professional trading associations are only suitable for traders that already have stable income here in cryptocurrency. In short, already successful and harvesting what they had done in the part, all the hardwork. But, for small time traders, that might be an additional cost that may not guarantee of return of capital in the trading. However, I believe in mentoring and brainstorming within a small group.

Does anybody have information or experiences to share about this one?

Bitcoin Center NYC
https://bitcoincenternyc.com/

This business used to have an office kiddy corner to the NYSE. Now their website lists a different address that is in SoHo (trendy area of lower Manhattan). In Google Maps it looks like they are operating out of a boutique real estate office.

The other day I was at a concert venue and did not have a ticket for the show. The show was sold out and tickets were $75 face value. Before the show people started lining up outside the venue waiting to get in. A security guard announced "This is a line for people with tickets only". I decided to wait in the line with those people. Standing in line with ticket holders gave me 30 minutes to chat with them, making friends. I got into that show for free.

The crypto-currency associations I am finding thus far are not well established yet. I am willing to work on one and build it up.

Are these old school associations for stock markets developing separate divisions for crypto-currency?

American Blockchain and Cryptocurrency Association
https://www.linkedin.com/company/american-blockchain-and-cryptocurrency-association

We are sort of a professional trading team. I mean its not a professional one in the sense that we have a legal name and pay taxes and built an office and what not. It is just me and bunch of others on telegram chat dealing with some small time coins and rule that coin over for a while on the market until we can actually profit but at least we work together.

We have increased one coin for over 300%+ once and made out with a lot of profits which helped me a lot, I am in no means rich but when all of our money combined together it turns out to be a lot of money, that is why I personally like what we are doing since none of us are getting super rich millionaires or ruining a whole coin but individually it is small enough that it matters to us.

I made 350 dollars on my last one for example and that probably didn't matter in the grand scheme of things but that is a decent amount for me personally.

Honestly I don't like to pay anyone for getting more profits from trading,I just want to stick with my skill level and try to get better at it,trusting someone is actually like giving chances them to scam us.

Not sure this is legit one but I won't join either even if it is highly effective on our trading activity.

In my experience any time adults gather around a common interest it degenerates into bitching, fleecing and winds up being nothing more than a monumental waste of energy. Add crypto's overwhelming toxicity and I wouldn't go within a billion miles of something crypto related.

In this day and age all the pertinent info anyone needs can be found off one's own back. I think it's better to remain in isolation and do your own in your own time.

How is crypto-currency toxic? I am not agreeing nor disagreeing but have you ever been a member of professional associations? Of course they will attract hyper-competitive people with bad intentions for everyone but themselves, but they also attract the most ambitious of people too.

By the way, I am accepting merits for this topic.

Erm, how long have you been in crypto land?

It's heaving with greed, lies, theft and psychopathic behaviour. I've never seen anywhere quite so disgusting in my entire life and I've been around for many centuries. If you know what's what then you take it for what it is and bypass it. If not then you'll be eaten alive.

The most famous professional association in crypto was the Bitcoin Foundation. Several members wound up going to prison. Several who didn't were still appalling human beings.

I've been involved with professional associations in other areas. They were all cesspits of petty politics and backbiting with little to no focus on their headline purpose.

Cyrpto-currency itself is not toxic. Crypto-currency itself is not greedy. Crypto is just a bunch of 1's and 0's.

No doubt about that. I have seen that before myself but at the same time, big associations have big players, big opportunities. A lot of doors can open up if you are around the right people at the right time and you get lucky. Big professional associations always have decision makers watching. Decision makers are not clueless about what is going on beneath them. Not all, but a lot of the people on top of things are non-toxic. Not every highly ambitious person is totally cut throat.

Of course. And Ebola is nothing other than a virus just trying to get by in the world. The problems begin when humans are introduced and in general they're rather difficult to get rid of.



Most of the time ambition had little to do with it. It was purely to get one over on the people close by or assert piffling amounts of power over the colour of that week's minutes. I can only go on my own experience and none of it has been useful or positive.

If you can get something from it then more power to you. I never have.

Well you have Legendary status here at this online community, so somebody helped you along the way. Somebody built this forum for all of us. Some people are generous. Somebody promoted you. Somebody gave you all that merit under your profile. Understandably not everybody in the entire world is out to get you.

Why spend a lot on such trading association when you can get similar benefits from trading groups in cyber world especially on Telegram.
Well it depends on you and where you can learn quickly and related more with your group.

Others may think there's no need to join such associations but this is more like networking. It is true that we need to surround our selves with people who has more knowledge of what we are doing so that we can learn from them as well or others can learn from us. The only downside of this is if it asks for a lot of money to join like a membership fee. For now, I have not taken that road yet where I will sign up to those kind of groups but maybe in the future.

There was a time when you didn't need merit to level up your account. Most of the legendaris on this forum weren't promoted by anyone and got their rank by staying here for many months and posting. When you and some of other newbies were writing obscenities about their teammates at LOL some people were investing their money in crypto and contributing to this community ;)

What are other benefits of joining such trading associations? cause we dont see such associations when the bear market is out.

I have never heard of this, but this is likely to be the same or more or less like most trading groups that only provide advice or analysis. If you are looking for something like that, maybe it can be considered. It's better to find someone who has joined and try to ask about the things discussed in the association.

Recently my request to link up with a professional trader at LinkedIn was accepted. The person is a CEO, and also a member of the CMT Association. How do you recommend I send this person a note? I wonder what to say but I would like to start dialog with the person. Perhaps I would like to be a trading mentee.

Here is another link to a free group, however, entry to this group is moderated.

CMT Association group, at LinkedIn (Chartered Market Technician)
https://www.linkedin.com/groups/71456/

Cryptocurrency Investors And Trade Association, at LinkedIn, based in London
https://www.linkedin.com/in/cryptocurrency-investors-and-trade-association-b03719157/

Pixie, all jokes aside, I am here at Bitcoin Talk for professional reasons only. There is no point in my career that I was bad mouthing anybody. I am here to learn and to earn money.

Ucy, if you read this, thank you for the information about Telegram. I have not yet used that site. Please check your private messages. I would like to know more about Telegram.

Thanks everybody. Yes I will definitely pay entrance fees in order to join other groups with professional traders and to even mingle with wildly competitive personality types. I will join multiple groups and attend in person events if necessary.

I don't see a member in this group but when hearing this it will be interesting to support the other created giving that every strategies to be shared more over the people who are combined together will be a successful one and I think it will definitely gone successful in the future.