Bitcoin Forum

This is my opinion, from my own experience and knowledge of the subject from executing many operations.

 

investigate and have knowledge of the company that we are going to buy, its stock or currency that you are going to trade
be analysis of graphs and know how to read trends.
trust yourself and do not copy others, because the other can be wrong.
be patient not everything is now, sometimes you have to endure so that you can reward it.
have continuous monitoring of price values.
have a strategy, not everything is crazy, the best things is to take things slowly and think before acting.
not having emotion and having a cold and calculating mind, everything is going to happen only is to be a calculating person.
always be aware of everything new, news, technology and more. the more updated the better.
have variety, not commercial with only one I recommend having a portfolio of investment variety.
the most important thing to have a fixed-paying job to invest, do not put all your money because you can risk losing everything.
 

 

This is what I learned from my experience, I hope these things will help you because it has helped me to know what to do in each situation.

There are a lot of qualities a good trader need to have and I've noted quite a few in your article and I'll like to lay emphasis on it and as such I've quoted them right here.

Not many traders have the patience to wait on a confirmation for an entry or exit point by analytical tools like the candle stick patterns before taking a position in the market. Patience is vital as, a confirmation is like a guarantor on speculation on analysis because, their is always a possibility of a continuation and break out.

As a trader, developing a trading strategy that suits you is more better and profitable than copying other people's trades or trading based on subscribed signals. It doesn't build experience.

Emotions are what create biasness on a persons entry or exit position in a trade. It might somehow make you raise your take profit or stop loss if in place due to the situations at the market, your emotions can breath forth greed which could be damaging.

News is one main market mover as most traders depends on news to decide if they are to buy or sell, go long or short depending on what is deducted from the news. News has the potential of altering an existing trend in the market especially when the news is a strong one.

Crypto is different than traditional stocks. If you are trying to make profit by trading cryptocurrencies in a bad time ( after halving ) probably you will lose your funds. I would recommend also to anyone to start with demo in the first years of trading

The secret has to do with determination and continue practice couple with knowledge on the subject. Trading isn't something anyone can just perfect without investing their time and effort. Been successful also has some luck factor in it as you could do everything right from the technical analysis to perfect timing of the market but still come out unsuccessful.

In trading, your emotions is your biggest enemy, been able to conquer it in regards to controling your greed or fear will do you more good and kick start your journey of success. There isn't a straight path to been a successful trader but it all boils down to not losing. The strategy of trader A might not favour trader B which is why we're advice to develop our different trading technique.

And after knowledge I will say the next most important point is simply execution, a great deal of those that lose money in the markets know that what they are doing is wrong at the moment they take their decisions and yet they decide to go against what their knowledge tells them, why is that? Because they do not trust it and then they let their emotions take control and at that point your knowledge becomes irrelevant.

As such once you know how to trade the markets it is important to apply that knowledge otherwise all the time you spent trying to learn how to trade would have been for nothing.

Demo for trading? Are you saying leverage trading?

One year of practicing, it's  cool but I think that's too long to wait for your money if you eagerly looking to earn trading. It's better to read books watching videos that can help you to learn and add more knowledge  .you can also join seminar that teach about crypto trading so you don't need to wait that long before you can make your first trade .

From my perspective, you need determination in improving yourself in trading that you don't rely on others strategy for you to experience a successful trade. You need to create your own analysis and speculation for you to make a good strategy that will help you make a considerable amount of profit, that is why many traders are still doing their own research because they want to know the performance and history of the project in the market.

it is true that knowledge is the main key in any case, it is not enough if you only have the desire to trade without any prior knowledge about trading cryptocurrency. learn and identify first what coins will be traded, then always follow the latest trends and don't delay the time you have. always prioritize consistent with what you want to achieve.

There's no  success but there are qualities and behaviors that is needed for letting yourself survive into this market.

-Patience
-Dont be greedy
-Always set goals/target
-Dont easily get Fomo'ed or fall in FUD
-Dont listen to other calls, stick to your own analysis
-Good capital or money management

These are quite the basics but following them wont really be that easy and it takes time and experience.

I don't think there is any secret. Maybe exactly that is the problem, some people think if they reveal the secret of success traders, the receipe they will become successful too
But there is no receipe, just dedication, knowledge, patience, long process of learning and knowing the market, managing the risk and that still will not prevent you from losses. To my experience to become good trader it takes a long and sometimes painful process and that is not for everyone.

Every investor in the crypto market has a strategy of their own, and it is not entirely the same.
It is very important to me to always learn new knowledge and manage greed, it helps me avoid FOMO and helps me make the right decisions.

I want to explain about copying others.

Sometimes it's good but most of the time it's not. There will be a lot of lessons doing that mostly if you follow a good trader. It is not wrong to copy others trading portfolio and style but it's also the best to have your own.

Later on as you copy, you can build your own strategy and copying others is like a stepping stone.

Success in trading is when you do make profits in the end of the day.Losses are inevitable though but somehow can be suppressed if you are already knowledgeable enough into this field.
There no secret but rather this do really need perseverance, consistence and a very long patience yet we do deal with very volatile market which as part of nature of human being
which is too emotional and responsive then thats on of the factors that do really affect our trading or into our goal.For you to succeed then you would need to have that strong mindset
and control.You wouldnt learn this on an instant because experience will be gained along the way.

To be honest? For me, there is no perfect or secret way to be successful in trading because I knew if you know hot to research first the coin, reading charts and analyze it you will become successful plus you know how to manager your emotion. These things are not secret this is every trader should know, and the bad thing is sometimes people now in trading wanted to earn money in an easy way so they skip these fundamentals.

Success in trading can be made out of the basic principle. Just buy low and sell high, you need to be very close in observing the market. Particularly the focus needs to make a small profit out of the minor fluctuation. People fail out of trading when they tend to make a big profit out of small investment. Very few get lucky to make such a big profit out of trading.

I think patience is the utmost important thing in market. You will have to treat this like any other business have a plan for every move have yourself hedged towards every risk of market and devote proper time to it. Charts and everything are just your weapons it's all upto you how you use your weapons. There is no single style of trading everyone has their own style of trading and their own way of making money and nobody is going to tell you it's you who has to find out what suits you.

Ahan? Is it so easy to follow this basic principle? Who knows what's low? And what's high? Help me spotting lows and highs if it can be done by observing I am ready to put the capital and i will give you 50% of the profit we make? It's just a myth that you buy low sell high. It's about the right time which is as per your strategy. You may enter on breakout or consolidation stage. It's upto your personal pov. There is no holy grail of high and low.

There is no secret in trading. It’s all depend on the trading experience and your knowledge of trading. Your practice will help you gain knowledge about trading, and trading will be easier for you when you gain the right knowledge. Those who come to the market and spend more time looking for shortcut ways of trading, they can not stay in the market for long. So you have to understand that there are many more traders like you in the market who have come with the intention of making profit, same like you.

So if you can't do something different here, you can't be stay long. When it comes to trading, the most important thing is to control emotions and greed. Because all your experiences will fail unless you control your emotions and greed.

Trading need of patience to get profit from it.Some people lose their money by impatience in the holding.When the price increase a small pump,they will sell their holding at minor profit.But it's not a good plan to get more profit from trading of cryptocurrency.If you take of risk,you will gain from it.But it's not a dam sure one.Even some chances are their to lose the money.

The secret to success in trading? Try not to follow some random people ideas however follow on yourself. You don't generally require such much coins in your portfolio for trading. Search for a decent coin with an awesome use case and trade on that coin only. Doing technical analysis and forget about all the noise out there.

You are probably talking about buying new token with a specific project and not on old listed coin. Generally, there are no secret to earn big by trading because it is pure luck. The market is unpredictable. Above all you need to learn from mistakes. I discover that the higher your capital you are using in trading, the more the profit and so therefore, do not trade more than what you can afford to lose and most time, if you want to trade, always choose platform with high liquidity.

Agree to you! It is better to learn alone without other idea, it is much better, you will also learn other stuff that can help you in the future, and self learning doesn't cost anything so why don't we try it right? there will be no secret to trading, there are other books that can help you in different things that will help you to analyze trading. There will be some falls and ups , you will not experience it nor feel it if you will going to depend to other people.

Not sure why are you talking about stock investment in a bitcoin and crypto currency forum. Are you trying to imply that stock trading and crypto currency trading are both the same? It might be a somewhat related, but it is totally different. And most of the reason/events that affect the price of stock doesn't seem to be the same for bitcoin.
But it does look like you have stated most of the methods for trading crypto currencies by keeping risks at minimum. Sadly, most people ignore these simple rules. They start joining the market with the hope of making profit real quick. They make few trades without knowing anything and as usual suffers from loss. Now instead of learning from his mistakes, he either quits or keep on repeating the same mistakes until he loses everything and starts hating crypto currencies.

The secret to success in trading, is to watch if the supply is less than demand before you can sell,show that all your trade will bring you success after your transaction in the market. Holding your coins till the market change for your good before you release them to market it will make you smile at the end of your trade in the market.

There's no secret to success. It's about the good execution of our own strategy.

Almost all ideas, pointers, suggestions, advice, recommendations, tips, techniques, etc. can now be found in public at the vast world of the internet so any information we want is just 1-click away. Our goal now is to how to properly execute those on the way.

Building experience is the key. Win or Loss just continue and surely as we progress, those mistakes and challenges along the way can now be dealt with a good solution.

Patience and don't get caught up in any hype its usually over by the time most people catch on.  Dont try to hit the exact tops or bottoms when buying and selling, be OK with getting in within 20% of the low and selling within the top 20%.

Indeed! It is your own strategy how you will come out in this situation. All the tips and tricks are out there but when it comes to actual execution, is really different. This will test your experience and skills how you can act on a certain trading situation. Having a lot of experience will help you in arriving at the right decision. And this is learned thru the years, not by any means in short period of time.

The ability to manage your emotion based on your logical thinking. it doesnt matter how much knowledge you put into your analyzation but once the price goes out of your prediction im sure most of people went apeshit and just cut lose resulting to the opposite of what they expected which is profit. it's really hard to manage this emotion but it's natural for human to want saves our money from went bankrupt.

learning from the past, from mistakes, is the only way to develop, plus continue pursuing our goal to become a successful trader. Because never find ourselves suited to this kind of work, we are just simply compromising our future.

It finds no secret in trading, I believe all gamblers have the same strategy but only it differs on how they work on it and how they understand the market behavior. Success isn't a matter to have a secret or an ingredient to build a better trade but it is our passion to do that and love our work.

This is the basic thing you need to invest money, without a job or business how you can allocate money to invest in literally anything  :D. If you are investing in cryptocurrency then you can trust all the major coins and the principle is to invest at the right time and it is the basic rule in every investment. The risk reward is really high in cryptocurrency and so is the reason you are seeing many institutional investors getting attracted to this market.

After learning all these, I would say get into it and you will learn by and by how everything works. These are not secret things. These are always there as the rational approach in trading. Your success in trading does not depend on any secret. It all depends on the right approach to it which is not at all hidden.

Be focused, determined, and hardworking. Sometimes it all falls down on how much effort you exert.

For me commitment is the most important thing that the trader should have, a trader should commit that he will going to study and make a research in order to become profitable trader,  a trader should commit that he will spend most of his time analyzing a chart and committed in a way where he will never lose faith or he will never give up in trading. Knowledge is what traders need, they cannot get that knowledge if they are not committed to get or to learn new things. Mastery takes time, people are too lazy to spend most of their time studying and it is the reason why they are not making profits in the market.

You will not get anything easily the main secret of business success is to try and struggle with patience in order to do business self confidence is the greatest strength you have to analyze the market well by applying your own knowledge and intellect. Trading charts must be followed most of us suffer from depression because we are not as successful wealthy and intelligent as others you can't be bill gates if you want to but you should know that not all people are the same everyone has some unique characteristics that no one else has. Discover this unique feature of your own and trust it to be successful put everything you have into the business make regular business changes.

For me here is my own opinion on that.
You should build your trading system on your own and you should stick with it!
After you learn some technical part or fundamental part of trading, like some tools using while trading, you are slowly building your system on your own. Start trading with what you really believe from your learnings and you will stick with it if you really find it profitable for you or you think it is the right. Losses are really normal in trading, especially if you are just a newbie. In trading, the most important here is survival, don't aim for easy money in just like 1 night, 1 week of trading.

Thank you for sharing your experience and knowledge about trading at the opening post. Many points can remind me to be successful in trading,
because to succeed in trading is not easy. Sometimes we have done all the tips well, but the results are far from what we expect. Success in
trading sometimes requires luck, as the Bitcoin movement this year is unpredictable. Those who bought Bitcoin when the price dropped below
$ 6,000 are very lucky, because currently Bitcoin is almost $ 16,000.

The first important part of trading for me.
You cannot just blindly trade your money for something you don't even have knowledge about.

In short, riding the hype.
It happens because buyers are trying to ride the boat. Again, without even having a single clue into what they are getting into.
Risky. I don't even want to put it at 50/50 risk. Maybe lower than that.

Trust your instincts. If you did the proper way then you are increasing the chance to win a trade or even for investment reasons.

Patience and knowledge are the secret to success in trading. Don't trade with everything you have, trade with as much as you can afford to loose.There are times when the markets test your nerves. As a trader, you need to learn to keep greed, hope, and fear at bay. Decisions should be governed by logic and not emotion.

In my sense, the secret of success in trading is the observation of market conditions. It includes risk management, experiment on price index, portfolio management, Keep patience, having the power of taking a loss, strong determination, be strategic, etc. This all will help to be successful.

Knowledge in trading can definitely mitigate your losses, but I find experience as the essential formula to a successful trading career.

You can always read books, watch videos, and listen to people about learning to drive but you will never learn to drive one until you actually experience it first hand. Same as trading- you will better understand it more once you have actually tried and started trading your cryptocurrencies. I also advise to have a mentor (if possible) so he can monitor your progress as time passes by.

Lastly, try to allocate your resources by both short and long-term goals for a clearer goal to reach. Trading can be relatively difficult but if you exert tremendous effort, it will all be worth it in the long-run!

This is not a good suggestion at all. Doing demo trading makes you nothing to learn, you can't lose your money and you don't know what real trader feels when they see the market is meet your requirement, losing their money etc. I would not recommend suggest people to start trading with demo account, would be better to start with small amount first so you have the grasp of trading.

I believe each trader have his own way/strategy how to get money in trading. For those who just guessing the price up and down and didn't use any analyst (technical/fundamental) most possiblities he is not a trader but he just gambling. So, for those who use the strategy like has mentioned by OP then he is a trader, but you can't force another people should have the same strategy like yours. Like me, I only use at least trend line, harmonic pattern, fibbonaci, and candlestick pattern and also fundamental analyst. Because if you are overcome all of them your psychology will be good and most of your trading will get a profit.

Actually, stock market is the only market where you can investigate a company. Fiat currencies ofcourse depends on the economy of a country and how they manage to have a good import and export that would affect their fiat. Meanwhile, cryptocurrencies are often decentralized, in which no one can even speculate if such currency can be good for a longterm or not. Some companies are having their own crypto, but mostly for a purpose that wouldn't affect their shares nor them having any control of it (IF decentralized). Hence, trading success can only be measured by experience of how often you lost and how often you stood up from such loss.

Some of the advice you give in the opening post can indeed make us successful in the world of trading. So a strong commitment is
needed in order to carry out all the advice that has been mentioned in the opening post properly. Especially having fixed paying
jobs is a very important point in order to have money to invest according to our ability. So we can use the money that we can afford
to lose, and can avoid using borrowed money for trading capital. Because the risk of trading is quite large, we should not use all our
money for trading, if we don't want to lose everything.

I think this depends.

It is true that there are a lot of people that wanted to see the price changes of Bitcoin but there are some, usually, the ones with weak hands, that I think have anxiety might make wrong choices. If you wanted to hold your investments for a long time, I think you don't need to check sites every now and then, it might just give you some scares that would lead you to wrong decisions.

Trading can be strategically executed, I've seen offers and been offered by someone to study the trends and the common patterns of trading. Obviously, this could not be true all the time but I think it can help. Since the price is made by human, it can be studied; there is always a natural behaviour in us and this may reflect on the price. The price reflects how trader behave when seeing a price thus we can really study and make a wise prediction on where the price will go.

I've found nothing but just our knowledge and skills.
Coz anyone that will go into trading without these formulas will surely end up losing. Learning from our mistakes, expose trading experience are also ways to enhance our knowledge and develop skills.

There is no instant way of learning to trade and there is no instant way to succeed. It only comes to us if we wanted to pursue our goal and willing to learn despite the challenge we meet along the way.

I recommend that you mainly read books by large market speculators, for example: Richard Wyckoff, Jesse Livermore, they have helped me a lot, they are focused on the stock market, but their theories are totally applicable to the Bitcoin market, their advice is unique I also recommend using the tools of the exchanges very well, medium and long-term trading is usually the most recommended because it gives you the opportunity to react to market movements.

Always follow your plan, do not mess up, do not gambling in trading.

There is nothing that could be considered a "secret" in trading anymore, everyone who knows a bit of trading already started to give their tips and tricks on how to trade, all the basics and fundamentals of trading has been shared, thousands of books written, millions of courses created, countless videos shared so far about it.

So, I can tell you that whatever you want to know about trading has been already published and shared and you could get them with few clicks of your finger. Obviously even with that much knowledge, people could still lose money, everyone could lose money in a market, it is not about losing but more about profiting more than you lose. You could buy Acoin and make 100 dollar profit while buy Bcoin and lose 50 bucks, that is fine, just don't do the opposite.

It is easy to conclude something from our own experience. But achieving it is a much harder mission. You can not be patient or have a cold heart after a few trading. We are human and we all have emotions which drive us crazy from the inside. I mean, being a trader does not easy like it seems to be. You have to be your own boss, your own master, there will be no mentor or leader to guide what to do and where to sell/buy. It likes having a company with one employee: yourself

Despite trading for more than 1 years, I often feel frustrated with trading. I always daydream being self-disciplined and become a successful trader. But it seems that the task is taking more efforts that what I imagined. Though, I will not quit gambling. It is an escape from my normal life, normal job and become an extraordinary person. 

I don't think what you explained above is the secret thing to success but a common thing that people do in trading. If you want to succeed in trading, sure you need to do complex analysis, continue to learn, update information every time, use proper strategies, and do other serious efforts. It applies to all traders, not only the beginners or newcomers, even experienced traders must do all the efforts as well.

Experienced traders know what they do. Even the most complez strategy, they might have tried and experienced it.

While the new traders, if they are impatient enough to gather experience. It will take time for them to succeed.

It will help any trader for sure but I am just curious how deeply these experience and knowledge have helped you so far? Because, you have mentioned about your experience on trading which makes me to assume these points are from your experience and NOT just from books and videos. Hence, it would be more helpful to this community if you share your real time success story out of making use of those "secrets".

Your patients will pay you for sure. Keep dreaming and keep working on finding solutions to achieve your dream. Being disciplined and sticking with predetermined trading plans is always a wish from every trader but only pro traders are making it possible. If you keep working hard, you will be a pro trader one day or other :).

You have to be patient if you want to be successful in trading, trading is not something easy,
even though you are an expert, you also have to still learn, one of which is to learn from mistakes,
and that's the key to success.

The secret is just grinding 7 days a week while working vert hard, I'm obsessed with learning and it is the reason why I keep studying more than 5 hours a day. For many people thinks it is hard but for me it is not because I love what I'm doing. You can never become successful in trading if you will not become excited and obsessed to the new information that you can get. Learning is a process and you cannot learn trading by just spending 1 night studying. It take a lot of time before you master a certain setups. Do not skip learning process and you can become successful in trading bland also by becoming obsessed in new information.

For me, the real secret of success in trading are both knowledge and risk management. Despite that the cryptocurrency market is unpredictable, we must have knowledge to learn about the basics of trading such as analyzing the support and resistance levels, movement of chart, candlesticks and so on. And of course, you can’t be successful in trading without equipping yourself with proper risk management. You need to acknowledge that once you’ve engaged in trading, accept that there will be risk of losing money. Just invest and trade what you can afford to lose.

Trading is neither planned.
It's always predicted, yes proper and calculated predictions can help you to earn more or if your luck is not good, then can help you to face only small loss.

So the secret of success in trading is observation and market analysis.
If you learn both then no one can stop you from winning.
Just make sure don't be greedy and always watch the market whenever it's possible.

It's no secret anymore you just revealed your secret.

One thing I learned from someone who did it well since 2017 was to just trade on a long term like weekly chart and see the RSI before buying. It's always easy to just learn the overbought and oversold and then trade, nothing else to learn when you invest for long-term.

This is a very good analogy and one that I think holds true, it is precisely because of this that I think that as a newbie the first thing that you need to learn is money management skills, this way in the case you make a mistake, and as a newbie you are going to make a lot of mistakes, the mistakes are not going to be big enough to wipe out your account, you will lose money of course but not that much and once you begin to get experience and you keep getting more knowledge then you will finally begin to see success as a trader.

But this is a long process and very few people have the patience to wait for months or even a year in order to begin to see any kind of results and that is when they try a risky strategy and lose it all in the blink of an eye.

The secret to success in any activity is determination. In bitcoin investing, of course, you agree that buying low and selling high are successful ways of making a profit. Now to determine when we should start buying, we need knowledge and without a strong determination, of course we cannot determine when it is.

A friend told me that he had lost a $1K trade in just 3 days because he couldn't hold on when the price dropped. Though volatility is commonplace and will soon recover.

If you really wanted to gain success on doing trading, of course you must be able first to make yourself be knowledgeable enough and do not let yourself be ignorant or left behind into certain information you must know before starting off on doing trading. Trading is a serious matter for you are aiming to gain profit while lessening the probability of gaining loss through basic knowledge and strategies that are suited for that specific situation. Loss is the most common thing present upon doing trading most specially at this kind of industry that we are currently in with. Loss can be handled if you certainly know your asset or the currency where you have decided to do trade with. Upon assessing and analysing how things work, you can be able to strategize on dealing with circumstances. Also, as a responsible trader, you must always be updated on the current trends for it somehow affects the behavior of the prices which can also be another contributing factor on the price change.

Losing everything means the trader has no capacity to control his emotions because going all in a single trade is equal to a lack of risk management. The perfect trading strategy doesn't exist and finding the strategy that suits the personal trading style of traders can give a better ROI in the long term. Buying the trading mechanism or bots from other traders can be another loss for the trader if he has no idea how to manage the risks with proper money management.

The secret of success in trading is to experience failure. Because that is a reason that you'll need to grow up, add some more knowledge, and to find strategies that will work with us together. Even in the stock market or any business, losing is a part of it, and by that mistakes, we are able to learn, a thing that helps us to think another in order to prevent the recurrence of such mistake.

These topics open to the opinions of anyone show that trading is open to everyone. But not everyone can make a living from trading, it is something important to consider is a job like any other.

What happens is that there is a belief that we have to do a trader to be successful or a profit, in reality most only need to make a exchange due to many circumstances that should not be associated with a success or failure issue.

Many at some point made a downward exchange and this only indicates that you had an unexpected performance, trading is something that you have to learn to manage according to the circumstances personal.

No personal experience should be a line to follow just a reference that the guidelines that exist and the procedures work.

Just remember something, the true success of trading is always having investment capital, having bad times is normal, even losses are a reality that you must accept as part of that success that must be reflected in gains at some point.

It's kinda funny because when I was a newbie, I thought that secret in trading is by joining in signals group but I found out immediately that they are scam because luckily I invested in my knowledge and found that's where I find the trading system that is fit to my character and skills. Practice doesn't make you a good trader, practicing what is perfect can help us to become a profitable trader. A lot of people are advising that you should just practice to become a good trader but it is not true and for me it is just a myth because you can never be a good trader if you are practicing wrong that is why if we are still practicing, make sure that we will give 100% in order for us to say that we are practicing what's perfect. Determination to learn is what we need, if you do not have this then do not expect that you will become profitable trader. A lot of trader are quitting in their 1st year in the market because they do not have determination where they lose all of their hope because of the losses that they incur. Trading is a process and many people are boasting that they can learn it with days but unfortunately it is not true because you really need to sacrifice a lot of time and focus yourself studying and monitor charts for you to become familiarize and also understand the price action.

Choosing a trading system is also a factor, you cannot just buy and sell if you do not have a trading system. There are trading system existing online that you can buy but if you do not want to spend then you can create a trading system that is fits to you. A trading system compose of planning, watchlisting and of course executing. You should have criterias on what to buy and what coins that should avoid. Developing trading systems are not easy and it can took you months or even years for you to complete it. That is the reason why determination is really important because you should not just quit and forget trading. Those people who quit will never regain their losses because they do not have a winning mentality. Developing our mindset is also important and as a trader we should have a winning mindset and for me it is the secret in order to become successful in trading where we know that we can surpass all of the obstacles and hardships in our daily lives.

Yes,Buy rumors sell at the news, a moment that is often used by many traders.  when there is news we also have to be able to read the chart.  if TA support such as RSI etc already supports the possibility that the price will increase massively.  so it would be nice not only to rely on news.  TA is also important.  because if a coin goes up just because the news is not massive, it's likely that it will also go down quickly (the price is not being held)

If you let yourself to be one of those ignorant traders then you will become part of the majority of the traders who are keep losing the market. Actually there are researchers that saying that 93% of traders and investors are keep losing money in the market while only 8% that are keep consisting making profits. As a trader you can choose any on those two, if you want to be part of 8% then you should treat trading as important and you should not just treat it as a joke. Being ignorant is not funny at all and It is really hard because no matter what they do they are still keep losing because they are know focusing on becoming well informed about trading. If we become well informed about it where we have a lot of concepts that we can use, for sure that we can become part of those 8% that are profitable in trading.

I can relate, of recent my knowledge on DeFi had grown massively due to past experience of failing on a trade. I took my failure as a motivational event to research more on what the while concept is all about and the ideology behind the project I bought earlier to understand what they're working on to determine if they'll be worth the hopes or just sell off my reminding bags and move on.

My mistakes was, I bought while everyone was selling and I had to be in lost for 2 months not until of recent some price build up is occuring as DeFi are becoming a thing again and I'm seeing my profits steadily coming back. It's quiet amazing the positivity you can make from failure than actually success. Failure makes you want to work on yourself but success kind of does the opposite especially when you let it get into your head.

I believe everyone has different secrets to success in trading. I think knowledge and experience are the secrets of my success in trading,
which may have been run by several people and proved successful. Because knowledge is something that must be owned by traders,
without knowledge it is difficult to make a good trading strategy. And the trading experience can correct our mistakes when trading,
then having trading experience can also prevent us from making the same mistakes.

Yes they say knowledge is good in everything that we do. If you don't have knowledge, you can't succeed in it   Having trading knowledge means that you understand most of the strategy and techniques to do the trading well. The example, you can have knowledge of money management, leverage, stop loss and taking profit, swap, snapping and other terms and their meanings.

Knowledge.

It's too hard to learn with trading If you don't have any kind of skills in trading it's too hard for you to know what are these kinds of things you will see when you are starting in trading.
There is a lot of source on the internet so learning is not an option instead you have a choice you want to learn so you can make a profit in trading or just see other people and watch them they already getting a profit.

Knowledge is the first thing how to be success in trading, almost all coin can prediction where are the way, dump or pump by checking with their social media account, I thin before trading we can know which one coin have new update by reading all their community social media account and getting on coinmarketcall to know which one have good news in several days later. This called with knowledge how we active looking for good or bad news for some coin before trading or investing, never trading based on other recommendation because is not true and never give chance for you to get much profit if always get other recommendation for trading coin.

Upon reading all comments this one caught my attention. I believe if there is any secret in trading it is definitely the experience of being a failure. Failure not only gives you a lesson and experience but makes you strong as well. I bet even those successful ones had this experience before and experiencing the failure makes them grow to what they are now. Being a failure implies that you are bad yet it makes you better. Heard the quote "Failure is the best teacher"? I think that will sum it all up.

Success of trading depends on various things like motion control, less greedy, having sound knowledge of charts, previous history of coin, Fundamental knowledge, Event knowledge.

Here in cryptocurrency we have this saying that "patience is a virtue". It only means that we have to wait for a profit before we can gain it. Sometimes we have to face a more failure than experiencing winning easily. There is no such an easy money here in crypto, you only harvest what you planted. The more you sacrifice to learned about trading the more you can gain a knowledge that you may used to generate a profit from cryptocurrency.

Many people think trading is a something that you can start without any facilitator around you, who will help you to achieve your goals in your trading activities in the market.
Here are some secret to success in trading:
1) Good information: Good information is the first secret to success in trading your coins in the market, and it hard for you to lose profit because you are trading base on the information you got from your research.
2)Patience: Patience is the second secret to success in trading in the market because no matter how the price of the market is rising and falling you have to be patience to achieve something good from the market.
3) Experience: Experience is the third secret to success in trading in the market which, it will help you to understand the market very well base on the experience you have on a particular trade you are about to trade in the market.

As long as you are steady and not make any rush decisions you should be doing fine in crypto trading. Sometimes you should be able to make a profit very quickly, and sometimes you hold a bag for a long period of time and only sell it afterwards, if you are smart when the price drops you should be getting involved even further to drop your entry point so that you could also sell it quicker later on as well.

I have been involved in trading world for over 10 years now and I can tell you that if you know what you are doing there will be down times but there will be a lot more profitable times.

In my own understanding, due to the volatility in nature of the crypto market buy the rumors sell at the news is a dangerous strategy which has leads to the loss of many investors and it also not good to rely on TA and news alone cause there are some trend that are invisible even using TA.
With that been said, i think step of making success in trading to have to do with paying more attention on the Bitcoin market.

You wouldn't learn if you wont accept and learn from those mistakes and if you are a type that do hate or being too perfectionist then you would most likely avoid this kind of situation

or would tend to leave without even trying hard to make improvements just because you are afraid to lose money.When it comes to secret to success then there are lots of factors

that should be considered and actively engagement with it will be one of the fastest route plus having those lots of trials and errors will really make you learn along the way
and of course mistakes and losses are part of it and that should really be accepted.

The dangerous phrase that we should avoid is "I know that" it doesn't matter if you are a beginner or professional because that phrase is a threat in your trading journey wherein you can become boastful even though you do not really understand what it is. As a trader, I able to understand why I keep making mistakes and why losses are inevitable. There is no really sure profit in trading where a certain strategy have 100% win rate. It is all about probability wherein if our bias didn't materialize, we have a plan in our risk management in order for us to not experience huge losses. Actually, it is good to make mistakes in our beginning journey because in that way we can understand that trading is not just about luck and skill. Managing risks are very important where we prevent ourselves to incur huge losses even though we commit mistakes in our execution.

To succeed in trading we must have patience, do not rush to make profits when trading. Because chasing instant profit in trading
will only lead to losses, a lot to consider in order to determine the right purchase price. Do everything according to the basic rules of
trading, do market analysis first. After that we can determine the right strategy to be able to generate profits when trading. If the price
drops suddenly, don't panic, stay patient and wait until the price goes up again.

You are right, we should always analyze the market situation and also on which coin we are investing. Yes, we should be very patient in trading because without patient it is impossible to make a profit, day trading will work only to those who have trading skills and inexperience trader will lose their money in day trading and we should be cautious.

That's absolutely true, there are tons of people that jump into different trades without having any strategy whatsoever and they don't even know when they want to take profit or take loss, and there's no surprise there that because of this it is very likely that they lose money in trading because they what their target/goal is at all, unless you really don't care about the money that you are trading with you should have a specific strategy for every single trade that you take.


It all depends on how you handle your emotions while trading and that will be the deciding factor on whether you're going to make reasonable decisions based on facts or just choose what to do randomly based on your emotions and feeling at that time, unfortunately most people by default fall into the second category and only practice and trading more can make them more calm and put together when the time comes and they should make important decisions in their trades, one of those difficult decisions that you should make eventually when you're trading is that: whether you should take profit now or wait?, or the other one would be: should you cut losses or wait more, and without having total control over yourself and your emotions you'd make mistakes many times.

I prefer not to trade in just one coin, but trade multiple coins to minimize losses,
while the funds you have must be divided into two parts, first is the trading fund and second is the anticipation fund, the anticipated fund is useful for buying gradually when the market suddenly falls very deep.

Both were saying my words what i have said many times on forum .We have to be patient when you are doing a trade .Don't sell it hurry and even buy as well .One more thing i wanna add which is you need to give up your greediness to make your profit ratio high .This is the mostly reason  to loose .So we have to careful on this .

Many people think about their own ideas and opportunities before starting a business. But before that they need to be mentally prepared to become entrepreneurs. Success as well as failure is a part of business and you have to accept this. In business you have to learn from this failure we have to be careful so that failure does not come later. In order to be successful in business you need to apply your knowledge and skills as well as work according to the plan. Any task will become easier if you plan before work.

The holy grail is you! the way in order to successful is by developing our skills and improving our knowledge. We cannot develop our trading skills if we do not give ourselves to have a time to study a lot of ideas that we can use in order to become a profitable trader. The success comes to our inner selves first wherein we are prepared to sacrifice unnecessary things in order to become a better trader. We should also become a humble if we are new in the market in order for us to become aware to our mistakes and to know where area that we should improve.

it can be luck too or vice versa depending on the person that are doing a trade because there are those traders that randomly pick up a coin and hoping for the best of it but there are also those traders that are going for coins that are already recomended in trading .

 if skills was the basis to succeed in trading , it was easy because we can craft it but if its luck , that would be too hard  .

there is no secret in trading because the recipe to achieve success in trading was too common but its the effort that you are gonna put in it

Practice is the secret. Practice makes perfect. Practice with https://tradinggym.app (https://tradinggym.app)

Knowing and able to understand the technical analysis is the most important in trading and for me a trader should focus on knowing and improving technical analysis skill. If you can able to read the chart where you know how to identify a trend, how to plot important levels and mastering some indicators can give you an edge in trading. A lot of traders do not  really have technical analysis skills wherein they are just entering without plan and it causes them to suffer in huge losses, if we have basic knowledge in Technical analysis then we can able to create a plan that can help us when it comes to executing our trades.

But sometimes those learned skills of ours through our own experiences do not applicable at all times in our trading journey. I'd still believe in the power of luck which i bet matters sometimes as a winner. Though its a big advantage to take of having your own kind of strategies and techniques applying it in your trading journey but sometimes it doesn't worked the way we think it should be, and sometimes those are not enough to make sure that we will surely win this trading.

Good point. If you have this qualification and you keep enhancing your skills the edge is really high compared to those who doesn't have.
Simply being prepared and well organized will allow you to get good compensations.

Trading should be more on skills and not just like doing some gamble where you are risking your money in hope that luck will allow you
to know what's the winning pairs to invest in.

Yes,I agree with you. Everyone has their own secret tricks so we just reveled this. Trading is the art of crypto so always follow your mind. Control emotion is the most important secret of success in trading.The maximum time we do not analyze project just follow other as result loss money.A trader must behave positively,don't panic easily.

In my opinion and experience, I can quote something that should be needed to be successful in trading.
- Have patience.
- Set your goal
- Enough trading knowledge.
- Fund management system
- Available time to research
There are more but those mentioned are special to me and hopefully, those can work for you too.

Trading is an endless journey yet even veterans into this field does still continue to learn even if they had been engaging into the market for a while now.

There are still lots of things that should needed to be learn because due to unpredictability characteristic where it does mean that we will need sufficient knowledge.

On this world theres no such thing about absolute knowledge that you can know everything and this would really be a continuous journey that you do need
to learn every now and then to enhance yourself even more.

I don’t think there is anything such as secret when it comes to trading, it is open and clear and anyone can do it . There are no secrets you just need to have the knowledge, if you have no knowledge on how you’re going to do it, then tell me how you’re going to be successful.

Technical analysis should be something that you’re pretty good at. And secondly I don see anything wrong with copying other traders, it’s becoming a normal thing these days and people are benefiting from it. That you’re copying someone else in trading doesn’t mean you’re going to be winning all the time or lose all the time, trading will always be risky and unpredictable at most. But copy trading is still good

Actually one must consider trading as a no-edge sports gambling so basically the better you analyze teams, the conditions and how many units you want to bet. Similarly in trading you determine which coin/token you want to invest, analyze everything about it and then do a technical analysis of the token along with fundamental analysis if you are aware and able to do that. The better you consider each point in depth the higher your chances are for having profits.

Gambling is bad when you are making bets on casino because you cannot use your skills and there is an house edge, imagine how easy and possible it would be for us gamblers if there was a sportsbook running without any house edge. Also sports betting has the element of analysis hence the house edge is much higher in sports betting as compared to other casinos' games.

I think the first secret to successful trading is ''Passion'' many people failed in their businesses because they lack passion that will motivate them to carry out the business, even thou they lose and the ability of you introducing brand idea. It's all about risk, died or survive in trading.

The power of luck will not always be on your side. There will be places where you lose because you are not lucky. don't just rely on luck, because it can't be waited for and sought. The success and success of a trader lies in how smart they are to do TA and FA analysis and determine trading strategies. If you master all of them then trading will go well and give you lots of profits. Everyone has their own portion of luck.

Anyone performs his or her work according to his or her style. That is why the matter of some secrets remains. However, there are not too many secrets. In my opinion, those who are patient are successful in any endeavor. Patience is included as well as a few more things. You have to the mentality of trading for a long time, you have to do an adequate analysis of the market, you have to a lot of knowledge, you have to watch all the news about trading. Lastly, those who are already successful in their trading life need to take dedication or motivation from them. All in all, maybe success is possible.

I can give an example how people who had no knowledge still became successful just because they trusted their decisions.

People who held their bitcoins when market was down, they might have no knowledge but they held their coins and their patience paid off as now they can easily sell their bitcoins at a huge price as compared to something they would have sold in March. Everyone was talking shit when Bitcoin was going down in March month and even the most knowledgeable guys sold their coins or part of the coins because the market was showing horrible signs so sometimes it is better to have no knowledge of the market and just back your decisions.

But I agree for a regular trader it is important to have the knowledge of what you are doing and how you are going to approach your trading, not everyone has the capacity to hold long term and not everyone has the brain to reap profits in short term buy/sell.

Success would particular talk about;

• Hardwork, patience, effort, mistake acceptance, doesnt chase up losses, always stick to plan.

When it comes on secret then theres no secret but there are characteristic on which someone should have because you wont survive into this market
if you do lack these kind of mindset or qualities then expect yourself to fail.

^ This is definitely right, the truth and the fact. Hardwork and patience are the perfect instruments to gain profit in trading, hard work that includes your technical and fundamental analysis so that you can predict the market near close to the real price and patience when you execute trading and need to have perfect timing upon riding on the volatility of the crpytocurrencies. Because when you know how to have a perfect move when the price fluctuates, there is a big success waiting for you ahead. Nevertheless, I don't see there is a secret, probably the real secret was I already mentioned.

Passion is a big factor to success , when you fail you have the interest to come back because of that passion. I thin that is a very factor to how successful that someone can go. Whatever field of life including trading, all are tying to passion to drive the goal of the business.

Having a passion to what you are doing will truly helps for you to succeed in trading. But you know, there are also good traits to go by with passion that is determination and have patience in every steps in trading. Treating trading like a business will also bring success and think of continues learning since the market is volatile and risks only what we can afford to lose. .

I agree with the idea that there is no secret, some people think that just because someone is successful at an activity that person knows something that they don't and for the most part that is not true, what happens is that the people that are successful are not afraid to put in the time and effort to develop the skills necessary to become good at whatever they want, this is why we see so many newbies trying to become traders and once they are unavailable to get great profits in a matter of a month or two they get desperate and then they take bad decisions, while those that are destined to become good traders are not afraid to wait for months or even years for the opportunity for a good trade to appear.

Good point! The mear fact that you love what you are doing and you are willing to take time in learning the deeper portions of any
fields that you wanted to succeed, there's no stopping when you love what you are doing.

Trading is a venue where people drives their desire to win over another, you are risking your money in hope that your knowledge upon
is well enough to earned good compensations.

That is it,  your skill and your brain is the important aspect towards becoming a successful trader, BoT or EA are just automation that aid trading however it can never be as perfect or reliable as Individual input,
The ability to analyze, study Price Action coupled with one or two indicators using your brain will enable such a trader to be profitable based on experience while managing a trade.
A desperate trader can never be profitable in a long run because trading encompass patience, skills, money management  and  higher reward  to risk ratio.

Truly there is no such a secret tool to become a successful trader in crypto but the only weapon that each and every trader has was itself or ourselves. How we input such an effort to be able to learn to trade, hardwork and patience. We all being used to say this line here in crypto that "patience is a virtue". The next step was the execution, how do you apply those things that you've learned base on your own research. And another most important thing is how could you control your self.

You have a good point. There is no way but to learn by ourselves. Trading is a hard task which can not be mastered if you are lack of efforts. I have seen many people give up trading because they have lost lots of money. Then, they blame trading and swear that they involve in this job. I cant judge them. They just have lost in a battle

When you become succeed in trading, the reward is limitless. You will be able to work whenever you want and wherever you like. Sounds like an amazing dream right? But i have spent more than a year to trade without having any decent profit. Though i never give up, i believe that someday, with enough knowledge, experience and capability to control my emotion, I will become one of the best traders in the world and then, i can quit my 8-hours-a-day forever

Thank you for the kindness of tips and advise you gave here in the forum mate.
Almost all of your experienced are true and correct where most of the traders in crytpocurrency are facing
the same yours. Therefore, I think for us to become successful have passion and strong determination and
patience as well.

You don't have to monitor the markets all of the time. Just because you don't day trade, you're no longer a trader. You're still considered as a trader if you buy and sell at any time that you want. It is when patience comes and makes it as an important attitude to cater your success through trading. Patience in a manner that you only sell when you get into profit, you don't make yourself affected by any bad news but you go according to your plan of when and how much is the price you're about to sell.

There are different type of traders which means its neither an active one or swing/long term one and youre right when it comes to definition of a trader which it doesnt
really need to be an active one for you to be considered as one.Buying and holding would already be enough.
Selling point will vary into each person because not all have the same mindset or on when he would be satisfactorily convinced for him to sell.
success can be defined that you do become profitable in spite of the losses you had committed and you do make yourself sustainable.

I read what you explained and it is like trading management that every trader must do, patience and also a self-made plan is what traders must do to be successful, without proper trading management traders will have a hard time getting success.

The succesful trader their secret is they have a lot of patient and hardwork.

Patient of waiting to the coin they hold to increase the value so that they will sell it and they will gain a huge profit and that is what happens now to them now.

Hardwork on doing a research and make a discovery and list a possibility to happen in the future that they create a prediction to the coin.

trading management can be done easily, it's not something complicated,
the secret to successful trading is that you can read an analysis, because trading requires proper analysis.

Not as easy as you think. I have approached many professional trader and they said that money management is the hardest thing because you can be affected by your emotions.

Many of my friends who read hundreds of books but still, they can not make a monthly profit with trading. Learning is only 20% of trading, according to many sources

There's no secret to it. It is common knowledge that If you want to succeed at something you have to put the time into it, you have to study everything about it. There's no successful trader that become successful overnight, they have put thousands of hours to study how the market behaves, learning how to read charts, studying how other traders behave that basically, it becomes a part of them. There's no real secret to it. It is effort.

It is part of it, the management. Every trader can be good in their own perspective based from what they do and how they make their trades worth. As always, you need to be well-managed when you trade and you don't have to get caught by your emotion lest you're used to it.
That will be your main enemy in trades if you're very much emotional in each of your trades and success can't be reached if you're mostly depending to it.

On the off chance that you are attempting to make benefit by exchanging cryptographic forms of money an awful time presumably you will lose your assets. I would prescribe likewise to anybody to begin with demo in the main long stretches of exchanging. There is anything but a straight way to been an effective merchant yet everything reduces to not losing. The methodology of merchant A probably won't support broker B which is the reason we're guidance to build up our distinctive exchanging strategy.

Imitating or learning from someone is never a bad idea but it becomes a problem when you are too dependent on someone else for your profits and that is why a lot of traders criticize copy trading because instead of learning you are only earning and in future this can have drastic consequences.

I have fortunately been able to read interviews and articles from some of the best traders, not in the crypto market but in general. They have one thing in common and that is to have a correct vision when you invest like if you read the story of how Jeff Bezos became so rich he always had the long term vision with Amazon and never focused on profits and that is what led to his success and same goes with investing and trading, have a good vision with what you are doing.

Always set goals or plans on making yourself better into this trading field.This might not really be that easy but it can possibly be learned if you do really put up some

efforts and time with it and of course where mistakes will be your best teacher into this kind of circumstances.You should have goals or targets on a specific period of time where

you do push up your limit and then relearn on what you had go along the way.Theres no secret when it comes to success but rather having that persistence of hardwork and dediction
on learning for yourself.

Dont be dependent too much into others just because you've been thinking that you can make it on your own.

For me success in trading with getting profit although few percent and I prefer to sell my trading assets after reach although with 5% or 7% and buy back again when price down, its my way because make us how to consist to get much profit and repeat every day without waiting for long term to get much profit, some time I have disappointed why sell very quickly if holding few hours or days later maybe price will wake up more than 40% but I try to be faster for selling my trading coin, I wanna get less risk although with little profit but keep going on every day and I try without have hold my coin for long time and keep continue to get profit every time.

Small profits but if consistent then in the end it is a good result too, there is nothing wrong in any strategy if you can calculate it well and always be patient to sell at a certain target. Because the mistake that often occurs is lack of patience, it doesn't matter if you even only follow others because if you can be patient and realize buying at a lower price, then in the end it will make a good profit too. So in trading, I think it depends on patience and awareness about the right time to buy and sell, if that has been considered properly I think the trades will be at least profitable.

The most important thing to success in trading probably "the information", that's what drives the trend in the market.
Always read and watch the news of what going on in the world, especially the economy, institutional investors buying more coins, stocks, projects development, even the elections, the point is up-to-date information about what's going on. The pattern will follow the trend on the market, that's what pushes the price to rise or fall to a certain degree.

Patience is definitely a big deal I agree with that. There are tons of companies nowadays who buy from increased price and stay calm and just wait the waves. Look at grayscale and microstragy for example, they bought at 10k when price moved from 4k, everyone said "bitcoin already made 2.5x increase why would they buy now that bitcoin is high. Well they made another 80% profit from this on top of that 2.5x increase that was before they got in.

This means as long as you can wait, you can make a profit. Obviously it is not a big problem that they would have because they have a lot of money and they can wait easily compared to us who do not have that much money and that is why I really think that they are at a big advantage but if you can copy what they do, you can earn too.

When it comes to fundamentals then cryptocurrency market isn't really that highly reactive but somehow it can really make effect
towards price movement which might or might not precise thing for you to rely or based on.

You should always keep yourself informed not only on new but also in other aspects as well like trading or technical indicators.

When you do make yourself good in terms of profitability then that's what you considered on being success.

Read news and other information around the world is for fundamental analysis trader. It is a good aspect of trading. However, i dont have much time to scheme news. Therefore, i choose technical analysis which is more suitable for me

Patience is important but for me it is depend on what type of trader are you, I'm a scalper trader wherein I just hold the token that I currently trading for minutes and hours. There are; any types of trader like position trade,  scalpers and swing traders. I often do margin trading so patience for me is a big thing. Patience are usually for the long term investors who hold huge funds. People mistakenly patience is the key but it is just a factor, the real key is mastery wherein we know what we are doing and we are not just buying and selling without any reason..

keep on practicing, and be determine. you can't perfect it in just a snap, in success you need to sacrifice time and exert more effort. you also need to control yourself, don't be so greedy and don't be afraid to decide. Traders has their own strategy and techniques, it's just a matter of self control and right decision making.

each trader does have different skills, some use analytical techniques,
some use news-based techniques, even use both to trade, indeed we can't fix,
and we have to learn first if you want to trade.

Even if you are doing trades within minutes, patience is still very important and doesn't change a thing, or if you are doing margin or futures they are all the same. Because, if you are doing trades within minutes, you might have the stress and excitement of hitting that button constantly, and doing it a bit too late or a bit too early could lose you a lot of money. However, if you are patient and calm you could definitely make a trade that would be perfect for you.

Plus if you do spot trading that is quick, you could definitely stretch that to over few hours instead of few minutes as well, same goes for margin sometimes as well. Find the best time to buy or sell, doesn't matter how quick you are trading there are always better places to buy and sell if you could take a look at few hours and pick the right peak.

don't copy another but listen to another suggestion...
For beginners, do not ever decide something without thinking or listening to advice from other people who are experienced. Trading is not just 'buy or sell' but also a matter of time, if you buy or sell at the wrong time then you are definitely losing.

You touch an interesting point, sometimes when I speak to people that have begun their journey as traders they tell me about all the indicators and strategies that they use and when I take a look at their charts it is a complete mess, it doesn't matter how smart you are no one is going to be able to understand what is going on in that chart, for the most part you only need three or four indicators to be able to become a competent trader, but obviously this is only true if you know how to use them.

I believe that is too long to even consider waiting for your cash on the off chance that you excitedly hoping to procure exchanging. It's smarter to peruse books watching recordings that can assist you with learning and add more information. There no mystery but instead this do truly require determination, consistence and a long persistence yet we do manage unpredictable market which as a feature of nature of person which is excessively enthusiastic and responsive then that is on of the variables that do truly influence our exchanging or into our objective.

good guidelines from a friend to those who are not used to doing it. because it seems like an easy thing because it also takes patience and does not panic quickly before determining the next step to do the best.
very true, trading is not just selling and buying and this I really agree with because have to analyze it well because it could be that the actions we will take will backfire on us and suffer losses.

These indicators might work well in the regular stocks market and currency trading but when it comes to crypto market thing are not as simple because I have seen some of the best in the trading market being dumbfounded by the market movements and so I think there is literally no way one can predict the prices movement correctly.

I mean if there was someone who can actually do that they would be billionaire by now so everyone reaching the charts and everything are just speculating and no one can predict the actual price or bear/bull run of Bitcoins.

Yes, in order to be successful in business you have to find something inside yourself your own knowledge and experience is more effective than the intellect of others following your own strategies will help you learn something new even if it is a loss and will help you to move forward. Trading will become easier by following the trading charts by doing market analysis yourself without relying on any bots.

Being a successful trader requires lots of reading and back testing,in that way u will be able to discover which indicator that is best suitable for you.
  for instance must traders, enters a trade base on moving average crosses for either buy or sell while some other trader uses  moving averages as support and resistance level.

Most talks, chats and threads about trading success are quite educative and enlightening; but only few make mention of committment. I feel it is a different thing to learn how to trade; it is a different thing to be committed to being successful in trading. Several learners have given up on trading, while several others takes signals off others and call theirselves traders.

To trade succesfully, you need to find out if you are committed to the course, so are you committed to learn trading ? or you get mostly distracted?

Why people get succeed is because they don't stop learning and they also applied what they have learned. 
Reading, searching, and experience has a huge contribution to our success. Therefore, if we are lazy person and full of doubts, certainly we go nowhere and never expect that we will succeed. Hard work, acting smart, make the decision wisely equals success.

Fortunately you do not need to predict the direction of the market 100% of the time to make profits out of it, as long as your money management skills are strong and you have a strategy that can profit from the markets then it does not matter if you lose many trades as long as you win more during the trades you happen to win, this whole idea of predicting the direction of the market 90% of the time or more is a myth and even a system like it could be a losing one if the 10% of your losses are massive while your wins are small.

It all matters with the risk management thing and its a must on where people should really be thinking off rather than trying to have that 100% accuracy and effectiveness towards trading.

Theres no such thing about having perfect trades and don't try yourself to be that perfectionist because losses are inevitable but same as said, try to make yourself profitable inspite of
committing losses because it all matters on how you do handle up your trades.

Success does mean sustainable in longer runs and don't rush up on doing it.

The mystery has got to do with assurance and proceed hone couple with information on the subject. Exchanging isn't something anybody can fair idealize without contributing their time and exertion. Been fruitful moreover has some luck calculate in it as you may do everything right from the specialized examination to culminate timing of the showcase but still come out unsuccessful. Trading depends on your feelings and if able to prevail it in respects to controlling your ravenousness or fear will do you more great and kick begin your travel of victory. There isn't a straight way to been effective dealer but it all bubbles down to not losing.

I think experience in trading is very important. Because when the crypto market goes bad it is important to have a loss-cutting strategy, emotions and feelings and recklessness are also good for successful traders in decision making. You should remember that Failure is the mother of success in the crypto market.

At trading is important to know that bear time will come and be prepared for it. Learning with low amount and getting some experience is very important.

^ because I am sure you have received a lot of suggestions from other members about the secrets of success when trading so I will only add a little, the secret to being successful at trading is having great skills and experience.

experience is the most valuable teacher so mistakes that are likely to occur in the future can be minimized.

everything you write is represented as the secret to success in trading. because what we know is that trading requires many things and factors, these factors must be properly applied by many people. but there is one thing that is most important is emotional control, because there are many people who can not control their emotions when trading and cause losses

For me it is true that it is about risk management, even if you know a lot of trading terms, strategies and setups but if you do not have good risk management then you will still fail and cannot make consistent gains in trading. There is saying that risk management is one of the key for us to become a trader wherein we have high winning rate. Trading is a process and it is a long game wherein you cannot just become a good trader with one trade alone, newbies should focus on risk management first before they put large amount of money in their portfolio. If you want to protect your money while making consistent gains, try to learn how to apply risk management in your executions.

i think this is what the most of the traders forget about, understanding the trends are really useful so you can predict the movement on later progress. most of the trends can affected the market entirely, such as hacking, hardfork or upgrade, big news about certain cryptocurrencies and many more. these reasons should traders to look at if they want to success in trading

trading does not require secrets, trading only requires experience, and that experience is a teacher for ourselves,
yes, even though you are losing a lot, of course you have to stay strong, and find a trading strategy that is suitable for you,
I have experienced it for 2 years, and the results good enough.

You can't be successful in trading without following any of those steos but I think everyone know it is the way but its not possible for for anyone how to reach the destination that is why experience is more important which teach what are the do's and don'ts in cryptocurrency trading.

success in trading is very easy, don't be too emotional, and don't be greedy,
just use $ 100 - $ 50 to trade, and you will be calm, because small capital does not exert pressure.

While that could seem as the perfect strategy it is not, in the case your capital is very high then your profits are going to be very low if you only make trades of that size, money management skills are not only a way to protect your capital they also teach you how to maximize your profits, this means that you're going to have to take trades that can be very uncomfortable for you since the money that you're risking is going to make you nervous, but that is precisely the point, if you are not nervous when you are trading then most likely you are not trading enough money.

You would eventually form all of those things that you do need in your trading activity and once you are already on  this field then you would potentially

think up and experience all the things you do need or simply you would realize and that's because of your past mistakes that do experience.You would really be thinking

on viable solution for you to avoid on the same scenario or mistake.Making yourself sustainable into this market is the main target as a trader.

Don't rush up and try to improve yourself as days pass by.

The Business has a storey to tell of time. it is your primary role, as trader, to view the market signals and sell accordingly. the trader must rely on evidence and not on perceptions for his results. as a dealer. the tendency to try to be contrarian in the market must be resisted. it essentially sends you a warning that you have lost out on crucial reasons if you are bullish and the market is dropping. listen to the alert and change your position accordingly.

It is awesome to know you have highlighted many of the known trading tips that are required to be a successful trader. Personally, of all you mentioned, I think not trading with emotions is actually the most important.
Quite a lot of people have given in to fear, anxiety, nervousness and other emotions in trading and that have only resulted to losses because they could not keep a clear and calculated mind.
I believe one important tip you didn't care to mention is risk management. Being a successful trader doesn't mean you won't lose some trades but it means you're able to minimize your losses to barest minimum. Some of the best known risk management practices are the use of stop loss, use of trailing stop loss and chart monitoring

Trading in Cryptocurrency is just about having a strategy that works for you but the main secret in Cryptocurrency is buy a coin when it is very low and when the price is high you can sell it and remove your profit!!!

Okay! If this was the secret then i would ask you this on how you would gonna choose into that coin that you would tend to buy low and sell it when the price comes high?

If we do consider on how many coins that had been flocking in in the market then you would really definitely say that this is almost an impossible task to be done.

We can choose up best projects which do seem fit into your criteria but doesnt mean that it would really succeed in its future runs.So its a matter of risk into someone
who'll choose a particular coin.

Trading isnt simple with just buying low and sell high.

I knew whether you realize hot to investigate first the coin, understanding graphs and break down it you will get effective in addition to you know how to administrator your feeling. I find that the higher your capital you are utilizing in exchanging, the more the benefit thus consequently, don't exchange beyond what you can stand to lose and most time, in the event that you need to exchange, consistently pick stage with high liquidity.

In business you need to gain from this disappointment we must be cautious with the goal that disappointment doesn't come later. To be fruitful in business you need to apply your insight and abilities just as work as indicated by the arrangement. The achievement goes to our internal identities first wherein we are set up to forfeit superfluous things to improve as a dealer. We ought to likewise turn into a humble in the event that we are new in the market with the end goal for us to get mindful to our slip-ups and to know where region that we ought to improve.

I do not believe that there is any secret to success in trading; it is either you know how to trade correctly to make profits and earnings; or you do not know how to trade. There is no 2 way to this reality. So ignore secrets and focus on understanding everything entailed to trading so as to become a pro in a few years, months, or weeks depending on how fast you learn.

Finding secrets to trading would lead you to many wrong decisions; stay the true way. Read up: The right mindset needed for all traders (https://bitcointalk.org/index.php?topic=5238346.0)

In my honest view, the secret to success in trading are as follow: Have a good capital for your investment, Don't be greedy to take profit when there is an open opportunity, Ensure not to follow FOMO becasue this is the most dangerous means to loss your portfolios easily among friends in the industry, lastly, learning and relearning should be imbibe.

If you want my decision or opinion then i wil suggest you don't believe in any secret about making money or getting success. Don't believe in any tricks to make money just believe in one thing that you have to make your own tricks own strategy. Because if someone makes strategy then its work for him not for you remember that. You have to make your own strategy or secret tricks by working by you. When you gives much more time in this platform you can gain more knowledge and by that knowledge you can make your own secret strategy. Just remember that one thing

trading does not require secrets, but requires knowledge and experience,
many successful traders because of their bad experience, and it makes them realize that trading requires some important points.

Yes, i also tell don't copy from other because he can be wrong. How can you control emotions when i seen 20k usd fall in 10k?

I think knew whether you realize hot to explore first the coin, understanding graphs and examine it you will get effective in addition to you know how to supervisor your feeling. Especially the concentrate needs to make a little benefit out of the minor variance. Individuals bomb out of exchanging when they will in general make a major benefit out of little venture.

It's like you are asking what is the secret to success in gambling...or in life! And I can tell you it's patience! I can tell you it's bankroll management! I can tell you it's research before investing!... Furthermore, I can tell you a lot more, and guess what...they are not so secret in the end!
To be successful in life and other things around you need to know yourself, your position and what you are capable for! Set up your goals (try some lower ones at first), learn and make progress, with time you will be able to set up higher goals! The secret is in knowing what you can and what you can't do, don't go over your head, don't be greedy, observe the situation, make conclusions, check your options, make your move! I wish you profitable trading!

These advise you dropping here are good once to be a better trader. Not being greedy can help a trader in building and accumulating profit over time. This is important in trading for consistent profit. The trader who wants to rush for profit will miss it for losses.

Unless the strategy is to copy them buying bitcoin and holding it and do nothing as you wait for the price to go up. That's not a bad strategy and will make you far from trading.

It is still part of trading because you have to sell when you hit the price you're trying to reach as you buy it.

Each and every trade in cryptocurrency has the strategy but it is not same and applicable for all. So I don't believe that there has any secret to success in trading. You can develop your own strategy and need to do more research. I also trade more than one years in crypto but I don't have any secret honestly.

Follow the strategy and forget about emotions. This is the advice of experienced traders.

You have a point, plan and strategy has an important role to execute a good result in trading. But before that we need to fill our minds with knowledge about trading (regardless if its stock or crypto) and on what to expect as a trader. Base on my experience as a trader the secret to success in trading is having a right mindset, plan and strategy to follow in order to be on the right track. Its fine to follow other trader's strategy because we can learn from it but its a must to have our own understanding. Analyze the situation and have plenty of time to spend monitoring the market.

Minimize trading costs. ...
Watch Trading times. ...
Follow Bitcoin News. ...
Use technical analysis. ...
Use stop losses

Easy to say but hard to follow.

Emotion is one of the hardest to control for being a trader. You can easily be brought up by it whenever the market is in favor and not. You'll commit such decisions that are not suitable which you'll regret afterwards.

But it's a correct advise, although forgetting about emotion isn't easy.