Bitcoin Forum

Crypto Beginners are those who have just started to know or learned a little about Crypto or Trading. That's why it's very crucial time for them as they don't have much experience. But a good start can change his future and a bad start can make him disinterested to Crypto or Bitcoin. So here are some of my advices and I know they have much more to learn.

1. Doing Fundamental Analysis: Fundamental Analysis is used to Determine how much potential a Crypto or Bitcoin is. Also by this Beginners will learn how Bitcoin or a Crypto works and what are the advantages or Disadvantages of Crypto. So to predict price of Bitcoin you should know about it's fundamental and it's potential for the future. It's also important if any new project launched and we are curious about it's potential.

2. Use Moving Avarage and Chart Analysis: Its a must and common way to predict price of Bitcoin and for this you have to know about some indicators and patterns. You can draw support and resistance level in your chart and can predict the price will pump it it hit support zone or can dump a little or be stable in resistance zone. Also Moving Avarage (MA) will simplify your prediction and will notify you about upward trend or a downtrend. The best app to practice technical analysis is TradingView. You can use some useful indicators for free in this app.

3. Learn from others Analysis: In TradingView you will saw many users are sharing their opinions about market prediction. Some of them are predicting pump of Bitcoin and some are predicting down. They have their own research so try to study their chart drawing and analysis. Then learn from the wining predictions and search faults from the losing predictions. That will help you to grow in a effective way.

4. Experience your knowledge with Demo Trading: Its a good choice for beginners to trade with the demo funds before investing real funds. It will help to find out the faults of your analysis without losing real assets. It will also increase the experience of a trader. Some sites are offering Demo trading like Etoro , Bybit etc.

5. Avoid Emotional Trading and Always Follow the Trend : Beginners are very poor to control their emotions in crypto trading. Even many experienced traders can't control it. So it should be controlled by practice and patience. Don't go for FOMO(Fear Of Missing Out) buying, avoid FUDs (Fear, Uncertainty And Doubt) and try to know more about Fear and Greed Index. And it's a must to follow the trend because there might be a chance to pump together.

6. Learn About Upcoming News or Events: We all can predict that Bitcoin pumps hard after every Halving. So there are many upcoming news and events available of every project which can determine its price. So we should also look at those upcoming events.

You have done well by presenting this for those who will be interested in learning bitcoin trading despite the fact that this might have been discussed several times before but there's still more needs to keep reminding people coming new to trading the required procedures and all needful requirements needed for a successful trading, if they can go through the whole process and keep in mind the possible required principles in trading, they will have the best in trading over time.

The Op's Compilation is good I do respect it, Information will be also helpful but as the dear above said this is one of those topics which is discussed many times many many times, even though I had done a basic trading series which is incomplete because people don't like reading much stuff, Videography and Charts & Images are more effective for this purpose. I will suggest starting critical topics, on the basis of queries, day-to-day asked questions, and current market developments, It will bring more responses.

The rest of the things are good as your compilation, I think it's enough to read properly still you can improve it by making it visually more pleasant using Bolding, Colors and different sizes, etc.

The demo features don't help much, but might be good for anyone too worried about running out of budget. After all, live trading will give them experience and courage, but of course beginners shouldn't rush with big budgets. While the demo can help you figure things out, your worries will likely be the same when it comes to live trading.

My one piece of advice, beginners just need to start trading with a small budget while developing their trading skills. Also don't expect to get rich overnight and stay away from more altcoins.

Following the steps you pointed out OP, it could assure one turns out to be a good price predictor.
Besides this, the case of an individual having to carefully ascertain if this information is helpful is if the mind is patient to understands the words.
This shows the interest, mostly when the goal in view is for it to serve as a likely source of income.

Your take doesn't necessarily mean that if you do any stuff with the things OP things listed, it's still no guarantee you will get any of the prices right. Being an indicator of price isn't necessarily equate to just following it. It's still up to the market.

For every upcoming newbie or upcoming traders who are learning the ropes; i would advice that before you begin learning at all; undergo a trading psychology and emotional class; it helps greatly believe me.

Because in crypto currency to atleast; there are no emotions, no love, no hate; what we see in crypto currency trading are only profits and losses.

• How to make more profits;
• how to limit losses
• How to make profits consistently
• how to avoid losses.

To thrive in crypto currency trading, you must first overcome your emotions.

This is one of the most important thing you mentioned, been emotional and at the same time placing a trade have 99% of losing that trade. We don't trade base on our emotions, rather we trade base on our stable motive backup by good trading strategy. Although there are countless barriers that are always on the way to hinder profitable traders like us from triggering our trading position. One principle I enacted was, if I don't see an entry that matches with my strategy, I'm definitely not going to triggered any position, because if we trade base on the trends, we lose out but with price actions, we are opportune to reap significant profits from the market.

Trading using a demo account is only useful at first but if you intend to develop yourself into a good and professional trader, then take the risk and start with live trading using your real live account. That will create more opportunities for you so you can start to trade for real while using a small amount that you can easily manage once lose. And the moment you’re into live trading, you will start to manage your emotions as well as you cannot trade battling your own emotions. Your emotions will ruin your trades if ever so learn not to involve your high emotions when trading. And as much as possible, do not be greedy to chase quick profits, trading has its own process so learn to follow and trust the process.

Nice compilation, OP, and a fantastic starter pack for bitcoin newbies. As a beginner, FOMO (fear of missing out) and FUD (fear, uncertainty, and doubts) are difficult to avoid because these two elements will encourage you to make a decision you're not supposed to make during trading. You'll also become a strong price indicator by taking risks you can bear; not all risks, but the ones worth taking, should be taken in order to achieve perfection and better assumptions in the market's current and future prices.

From my perspective their no cryptocurrency predictions that is hundred 💯 percent accurate,  in predictions of market of cryptocurrency you will definitely predict on something you know better sometimes I do predict and it turns negative to me, and that make me not strictly believe in cryptocurrency predictions any longer,  so learning of predictions of cryptocurrency can not make you to be perfect but it will give you an a beginner the insight of market price movement but in the aspect of perfection through predictions of bitcoin it will never be accurate.

Among the list, I can add is Risk Management.

Risk management is very important and even if you are a "beginner" I can say that practice this even with how much capital you have on trading, you need to already have risk management. Practice it.
Always remember that risk management is not about ensuring profits, but rather about reducing potential losses and safeguarding your capital.

Dear Op, you took the meaning of fundamental analysis wrong, Because, in this analysis, you as a trader will analyze the industry, New outlets, and the involvement of different industries and governments in it. As basic knowledge of crypto is as necessary for trading as water for a living. And, you said in this analysis, we keep an eye on new projects too, but my POV is that is not a good idea, as a newbie, you cannot understand the risk involved in trading in new projects and yet they also do not put any impact on the overall crypto industry.

Other than this point, i liked your all points, and it is a good effort you made here. No wonder many newbies fall prey to market sentiments and loss their assets. And i think that currently market's sentiments are also making people fall prey to it.

Obviously risk management is very important and required in trading so I think it's a must to have it,
trading is full of risks and if we don't have that skill it will be easy to lose,
Besides that, we can apply risk management to various things, not just for trading.

No, disagree 100%

Crypto beginners shouldn't even learn about trading to start with, they should be looking more at awareness and education. Using crypto, where to use it, where to buy it, how to keep it secure.

And if you want to introduce crypto trading, first of all introduce them the Hard Facts. Which is that big big majority of crypto traders lose money.

Doesn't matter if professional or amateur, most people lose money. Even following all the tips, paying all the software and getting years of experience, majority still lose.

Teach this first, and then you save many souls from losing money in crypto :)

Good advice, I hope it wasn't written with artificial intelligence.
The problem does not lie in the tips, but rather in the application. For example, I can give you thousands of tips to learn to drive a car, but 5 minutes of application equals thousands of hours of reading. The first is to start by creating a demo account and learn the basics such as  Moving Avarage (MA), support and resistance points, and Fibonacci analysis. After that, you need to start trading with small amounts to learn how to control your feelings and stay away from psychological factors, and over time you can compare your strategy and advice with other traders or post it here.

I think this is the most difficult aspect of trading and this can only be controlled when a trader starts to make profit. If start making profit in your trade then you can now begin to master the things that go on in there and as they repeat themselves, you know already and ready to take your own flesh out of it without fear of FUD or the emotional tricks. This happens to both new and old trader. To locate trend may be a little easy for old trader but a new trader hardly knows what trend is. But by any means, this is really a challenging factor in trade.

I don't see anything wrong with the post you made, it may be based on your experience or your research about conducting trading activity here in the crypto space, right? It's different because you share your learnings in crypto trading based on your experience, right?

It's like you don't feel that if you only know theory about trading then you haven't experienced what you teach in actual trading. But if you combine them together, that's better because you really know what you're talking about. OP no offense just a thought.

@OP has given us good advice but we also have to remember that a good price predictor will not always be able to predict exactly where the price will go or what price will be reached in the next minute, hour or even day. That's because the current movement of crypto is very difficult to predict.

Even if you have good skills, that doesn't guarantee you can always guess. But maybe by following @OP's suggestions, one can learn a lot about the trend of a coin and where it is going. And even if he can't guess exactly, he can at least know where the next move is to adjust his trade accordingly.

And don't forget that it also takes years of experience before you can have predictive abilities. So we can only keep practicing to improve our ability to guess where the price will move.

Definitely, if you are a beginner, then you should always keep yourself updated according to the price of the market. At first you should gather knowledge on how trading works and what affects the price of the coin. if you miss the basic points when you are a beginner, then definitely there is a chance that you will make losses in the initial days. The points mentioned in the OP is well structured, but one doesn’t need to follow all. If your basic understanding about the market is clear, then you will easily learn all these features quickly while trading and gaining experience.

There is a lot of "learn" in your post which can be summarised that beginners should know that they have a lot of learning to do if they want to become good cryptocurrency traders. Any beginner who has difficulty in being serious with learning can never become a good trader because the learning process requires a lot of commitment. As a beginner, you learn to become better, and when you are no longer a beginner, you continue learning to maintain your knowledge.

What is the role of emotion in trading? The main objective of trading is to make profit. Since profit is our main objective then why should we trade with emotions. Is it possible to profit at all b trading through emotions? In trading we have to use our knowledge and skills instead of using our emotions. Profitable trading is possible if proper knowledge and skills are used at the right time. But by trading through emotions, money will be damaged and it is never possible to make a profit. If you are a very emotional person then there is no need for you to get involved in trading. Because the money you earn through hard work is the money you lose by trading on emotion. So emotions should not be given any place in trading.

Demo trading will allow newbies to be familiar with how the trading market works but if your target is to increase your knowledge and develop some skills and strategies, then trading using live account is the only way that will make it happen. Just don’t be hunger with big profits as it’s still impossible for beginners. Start with small budget at first and when you’re already making consistent profits, then that’s the time to increase your trading size but expect higher risk too.

Taking risk in trading is a big step for an aspiring trader but knowing how to manage the risk will develop a great trader in the future. That’s why risk management is very much essential because if you know nothing about it, you will never be successful in your endeavor, especially if you aim to be a good price predictor that will lead into being a successful trader. While trading has its own inevitable risk of losing, but know that you can always minimize the risk if you know how risk management works.

This ends here, you really have to exert extra effort and time on learning how the market works and since we are talking about trading here, you have to know everything before you can confidently trade and have profit. There’s also a big concern about the resources so make sure you have the good one and never rely on one source only.

There’s a lot of advices already for the beginners and I hope they are taking time to read this one.

It takes extra time to learn how trading works. It is not easy to master, I who have been on this forum for a long time continue to learn how to read the market well so that I know what to do.
Some of the trades and investments I make go according to plan but sometimes there are those that do not match the initial prediction.

Regarding good resources, definitely do not rely on one resource. there are many resources available but really have to choose a reliable one.
In addition, do the analysis independently, because it is the best.
Independent analysis will give you a good experience, giving you knowledge every time you do a new analysis.

Those that are lazy to check on the charts will have to check the latest news.

This means that it's true that we get the idea on what's happening in the market with all the news coming up and you'll get to see the impact of it based on the news positivity or negativity that it brings. It's easy and mostly we know that if it's a good news, the market reacts positively and vice versa but there will be times that it doesn't get that much too.

because the strategy that you acquired throughout the years may not be applicable to the new project you are interested with. hence, your strategy varies depending on the project you want to explore with. and there are so many factors in play regarding the potential of the project in the market such as the actual developments, the capability of the team, marketing, actual use case of the project itself among others.

Very well said hugeblack. 10% of practice is quite better than 90% of theory. I remember in my tertiary institution days, we were taught theories and at a point I was more than excellent in the theory courses. But after I graduated from the institution I had to face the practical aspect of what I was taught. It was then I realised that I did absolutely nothing in the institution because they lacked the practical apparatus.

At the workplace, I started afresh, learning those tools and that was actually when I started the real learning.

There is no type of learning that is better than practical approach. Reading theories and rules of cryptocurrency trading will not help anyone. It is better you dive in, especially using demo accounts, then argument it with reading, you could then become an expert.

Having the courage to face the risk is a big factor for us to overcome it. This is what can help us to be successful in our trading
action in exchange.

But of course, we still need to know the correct use of trading tools when we actually do it so that we can have a realistic analysis about this matter as long as we also know that you must use our emotions correctly.

As you are in the crypto space, better to expect huge risk than be easy. That is why we should not be confident enough that we only know the basics of trading but also to improve it and continue learning. And talking about being a Good Price Predictor, it was not impossible if we are also in TA. But I believe we don't have to be like that because no matter what we do, it was not the way we succeed in trading as it also matters in every decision we've made and this is really a big factor why many traders fail despite the knowledge they have already.

Most of the demo trading apps or platform we have for crypto are very limited, they should be no more than 4 in number, and the don't have all the coins to practice, most of the time they have just bitcoin and it's not enough for practicing for beginners, they don't have all these crazy altcoins to see how one can handle volatility. Tradingview has this features and trade any coin you desire with paper trading. :'(


This is easier to say, even professional traders feel the impact when things go wrong and it's even normal for human being to react when they experience a loss but with time, it comes normal under normal conditions of trading accompanied by risk management, you need risk to avoid dashing out money to the market.


You can't learn about upcoming news but when you stay glued to some media channels and top influencers with reputation who have high number of followers like Twitter, Telegram channels do help, but you should know that there are some information that comes sometimes unexpected, even the media channels don't expect them, they come by surprise and shock and you don't have options than to play along the market.

It will make more sense to provide the link to a similar post if such post has been made previously so that people who might be interested in that topic should compare. It will also help to broaden ideas since the authors are not the same and might have a different idea as well. One among them must be more helpful than the other definitely.

It's obvious and known to us that there's no precision in Bitcoin price and crypto in general. What we have is assumption and prediction. Market is not like a pregnancy that'll will just get into the lab, scan and have accurate result. With your experience and expertise, everything can go wrong sometime. This does not however means that studying market is not necessary or a waste of time. It's highly recommended. Your loss can be minimize even if market does not play to your advantage because you can quickly discover and do the needful.

This should be prime one when it comes to learning trading. Having demo account gives you unlimited access to the fund and full open market view where you can apply whatever strategy you think is best. You have to lose nothing when you are in the demo mode. You can have your wildest trading strategy applied during this session see if it would work or not.

How it is important? Well in my opinion with demo account and continued use of the same you familiarize yourself to the trading environment and with the time that used too platform wont make you afraid of itself so you can end up making good trades. This is simply because you dont fear it. In normal way many people lose their funds because they have no idea what they are doing, they are afraid about it when it comes to real money investment. So yeah train your dragons in the world of demo accounts and nail it.

This is why just learning the basics is not enough, the basics just allows you to not be completely destroyed by the volatility of the markets and the manipulation of the whales, but it will not allow a trader to become profitable, for that they need to keep improving their skills as much as they can until they finally reach a high enough level to begin to obtain profits, and if someone is interested in obtaining high enough profits to make trading their sole profession then they need to improve even further, something which is not easy to do.

Trading cryptocurency relies on market news like others currencies you trade when trading forex. Bitcoin rise and falls depending on the news surrending it is been interpreted. When news concerning the market are bad, the market reacts in a negative way that causes the price of Bitcoin to fall and when the news or event coming up are positive the market will start moving up. An example is the halving coming up very soon.

Learning about upcoming news and event will help you stay informed about things happening in the market but that it won't guarantee you you won't lose when trading and that's because sometimes the market moves in opposite directions of the news and events are pointing at.

Just to be clear, new projects are different from some of the older projects I've found.
Strategies will vary and will be customized and many factors will influence how new projects have various challenges.

From all that, the most important thing is to keep updating our own knowledge so that we can develop and keep up with how the latest strategies can be applied to new projects that continue to emerge.
If we can't adapt then we can't keep up with the development of several projects that have potential.

Demo trading is actually good for beginners but it won’t be reliable enough if you desire to grow as a trader and develop within yourself the qualities of a reputable trader. So you need to experience doing live trading so that even if you lose real money, know that your mistakes also leave lessons for you to ponder. Know that demo trading and trading in live is actually different especially when it comes to handling your own high emotions when you are starting to lose your trades.

I wrote this step by step guide to any new trader on what they need to take into consideration. What did I forget or do you agree?


1. Do your research: Before you start trading, make sure you understand the basics of cryptocurrency and the market you're planning to trade in. Consider factors like market volatility, trading fees, and security measures.

2. Choose a platform: There are numerous crypto trading platforms out there. Look for one that offers the coins you're interested in trading, low fees, and strong security measures.

3. Create an account: Once you've chosen a platform, create an account and complete the verification process.

4. Fund your account: To start trading, you'll need to deposit funds into your account. Most platforms accept deposits in fiat currency or cryptocurrencies.

5. Choose your trading strategy: Decide whether you want to trade based on technical analysis or fundamental analysis. Technical analysis involves studying charts and indicators to predict price movements, while fundamental analysis involves analyzing news and market trends to make trading decisions.

6. Start trading: Once you've funded your account and chosen a trading strategy, you're ready to start trading. Be sure to set stop-loss orders to limit your losses in case the market moves against you.

Remember that crypto trading can be risky, so start with small amounts and never invest more than you can afford to lose.

Please feel free to challenge or add if I forgot something important. I'm very familiar with crypto but only now after studying for 2 years wanting to start trading myself so I'm sure there are tons of people with more in depth experience and words they want to say to any beginner

This part of this post is something i wont advise a beginner 🔰  to partake in yet till you have mastered and understood the analysis you put out for your self, because if one tries to follow others analysis trust me we will all go astray. we have tons of people with different markets analysis out there you dont expect me to learn them all. so in my case this is a NO WAY FOR ME.

Sometimes the way some persons write as if they him know how it take for one fo follow there opinion. Steps are not easy to take because there will be a lot of distractions that could make us do the wrong thing. Having high expectations from learning trading mostly if we have the mindset of becoming very rich if we dev into trading could make us lose big if we don't get what we expected from the skill we have gotten. Even with the skill of knowing how to trade, we still need to understand how to invest and trade with the right fund unless we can greedy over trade and make the worse mistake of our lives.

This is very true. Know that the trading market is always uncertain and unpredictable so regardless if you are highly knowledgeable and skilled in trading, there’s no guarantee that you will come up with perfect price prediction in most of your trades. Even veterans in trading still suffer from inevitable losses, that is because their analysis in the market and their market price predictions were never perfect at some point. So I think there’s no way a trader will be perfect enough to predict correctly all the crypto prices in the market.

A person cannot become a good predictor even after following all the steps unless he can change himself. So it is not a guarantee that following all the steps will make a good predictor. Self-discipline can make a person successful everywhere, so it is important to be a self-disciplined person to be a good trader, good predictor. Nice try OP, now it's a matter of seeing how one thinks and uses these things.

That's right, there really is no guarantee when we have the knowledge and skills that will let us know how the market will move and predict it correctly,
but that does not mean knowledge and skills are not important,
it is an important thing and every trader needs to have that basic skill.

So, it seems I am correct that the OP's topic isn't new anymore? I noticed it after a few read but I need to verify it through the comments. Maybe the OP's intention is truly good like he only wants to help a newbie and not asking anything in return like getting some merits but still, it would be better if he learn to make a research first so that all are going to be cool with him.

Interesting on how you admit that you fail in trading simply because you don't like to read and maybe you didn't complete all the trading lessons? But, even if we use other learning materials, we can still be bore if our main goal is only to earn a quick buck and we lack in passion.

These are all good advices but the demo trading thing, I disagree.

Demo trading for me is not completely the exact trading experience you would have when you trade your funds, demo trading let you win most of the time, it's like a bait for you to finally enter the trading world so depending your decision to it is kinda risky at some point, in my opinion.

The following the trend and be updated for upcoming events or news are the best to predict what's gonna happen next, but still, we shouldn't forget to put TP and SL to avoid lossing so much of our money. Newbies always want to earn so much by putting huge leverage which I don't really recommend.

This tip isn't just for beginners alone. This are tips that should be continuous for anyone. Pro traders still follow some version of this to be sure that they make money.

The thing is that you find yourself going back to it because if you do not you will pay dearly for it.

OP is only trying to share his opinion on what he feels beginners need to know to become a successful trader from been a good price predictor. His ideas might help you or it mightn't all depends on how determined we're individually to succeed. Steps to success can't be easy, you have to fight those distraction and remain focused and discipline or you won't be successful. If success was easy then everyone would had been successful.

You mightn't follow every steps the op has written and still be successful everything depends on you. Don't give the excuse if been distracted as others that have succeed at trading also had those distraction but they choose to ignore them therefore you can do the same and be successful.

There’s no such thing as perfect price predictor knowing the market is very much volatile and unpredictable. Regardless if you have high experiences in the market, price prediction is still hard to master and I think no one will come to master it as long as the market remains totally unpredictable because of its price fluctuations from time to time. Even if you follow all the factors listed by OP, being a good price predictor is still hard to expect. Just face the reality that in trading, perfect price prediction remains impossible most of the time.

Some speculate that some platforms allow for the demo accounts to win more and more often as a way to try to make people to make a deposit with real money, and while this could be done by dishonest platforms, I think the real reason why people get better results when they trade with those accounts is that they feel no pressure at all when they trade, so it does not matter at all if they lose as their capital is intact, it is only when those people begin to use their money when they feel the pressure of the markets, make mistakes and then lose their money.

I sort agree and disagree with this. Sometimes fear selling saves you lots of money. It's "system 1 thinking" and it's based on your instincts. Sometimes your instincts are right.
Sometimes they are wrong, but usually because when instincts are in conflict with the data we get, we get confused. This could lead to denial and we are afraid to make a move, like a deer frozen when it sees headlights of a car.

I more than once with several coins saw all the signals that we would be near the top, we can see those just by watching holders behavior. But i didn't sell. I sort of wanted to see how much we would fall. When we trust blindly to never ending growth, any talk of bear run at that point seems just like loonie talk. In then too, if i would have just listened to myself better, i would have seen my greed and denial, which would have been useful signals for me to sell.

Knowledge about any token which is selected for investment is necessary and if some coin is selected without having knowledge of potential is very risky. There are lots of coins which become zero in price therefore always make proper decision as decision matters alot.

Remember that not all new projects are successful so always try to first know about the potential and then know about its success otherwise old coins will be best choice for investment as we have full knowledge about it and history shows that how beneficial potential it has. I don't think that investment blindly in unknown coin can make you successful because analysis is fundamental thing in crypto.

Before investing your valuable money it’s better to inverse more on the background verification on the project.Some fake profile of project owner easily identify and you are from from scam.It’s essential to find the previous chart of last one month before keep of your money.Because after you invest if the bear market survived,it leads to big loss for you as compared to the random trade.When you friends suggest some thing,use their idea to analyse some things about the project.

It is true that expert traders also use the tips brought by the OP, however unlike a newbie which needs to remind themselves over and over again to use them, expert traders do so because they have become second nature for them, so they do not have to think about doing their TA, not panicking and using a stop loss as this is something they have been doing for years anyway, since they know the consequences of not following one or several of those steps can be terrible for them and their financial future.

You've obviously spent a lot of time researching this issue, and your points are admirably thorough. But if we examine each facet carefully, we might find new information. It's important that you place so much attention on fundamental analysis. It acts as the cornerstone of comprehending the intrinsic worth of a coin. It's crucial to understand, though, that the crypto market is a fluid one. As you have noted, technical analysis (such as Moving Averages and Chart Analysis) should be used in addition to fundamental analysis.

Beginners should in fact study other people's analysis to improve their abilities. I would advise students to understand the methodology employed rather than merely copying these analyses, though. It is important to recognise the assumptions and constraints that each analytical approach brings with it.

Experience is still the best instructor, therefore the recommendation to practise with practise money is wise. But it's crucial to keep in mind that trading with real money and virtual money has quite different psychological dynamics.

Important points you made include emotion regulation and trend identification. They appear to address the psychological side of trading and technique choice, two distinct but related topics. For clarity, it is important to break these out and provide more detail.

In addition to that, even if you follow all these factors, that will still not guarantee that you’ll be a good price predictor since the market alone is always unpredictable. Today, it’s price might be on a surge but the next day, suddenly all those prices have start declining. So you’ll never learn to predict the crypto prices easily. If you can’t predict them well, then just learn to adapt with the market changes. With experience, you’ll get used to it and this unpredictable market will never be an issue anymore.

This is a very helpful post for beginners. But I want to add some more things to this as they are important too. Be careful about the leverage you trade with. As a beginner, it is really easy to get carried away with the leverage in hopes of more profits in a short period of time. They do not realize that it also increases the risk of liquidation too.

After this, I will add risk management. Market is volatile and price moves quickly in either direction. This makes the market unpredictable and could lead to huge losses. For this reason, we need to learn risk management. This will help us to reduce the amount of losses we make. Also will help us to carry out our next trade.

Next will be: Stop holding on to one trade. If you are making a loss and the trade will make more in profits if you close it and open a new one, then close it and go for the next. But be sure that you will make a profit by analyzing.

You need to have different strategies. The crypto industry is evolving at a great pace. In order to stay in the front of the race, we need to evolve too. Having more than one strategy is always the best way to predict the market. One strategy may not work all the time. So we need more strategies. Better to mix all the strategies and come up with one that is your own. This will boost your skills.

When it comes to trading there are no guarantees, as not only the market could make an unexpected movement out of nowhere, which was impossible to predict just watching the charts and suddenly you are holding a losing position, but we must also remember that we are not perfect either, so even if you follow a set of regulations in order to diminish the number of mistakes that you make, eventually you are still going to make them anyway, and you need to find a way to solve this once it has happened.

This could be very effective as well. It's not the typical protected copy or bot trading but having to learn from what is already available. It presents you with learning from a trainer who has done his home work and that offers you some verification processes and the more you get to verify by redoing the process, the more understanding you get on trading.
Better still  this extends to failed analysis as well.

His you get the chance yo fault the process and as well credit analysis that got to make it through to protected.

I also agree that this method of learning from others analysis is better than the other two that is more popular and mostly done by beginners and people who doesn't know how to trade.

• Copy trading
• Trading with signals

I even consider the later more result oriented than the former. I have worked with groups that offer both. The former is so dangerous if you are unable to readjust the bot when the market conditions changes.
But a good trader after watching how the market is moving might decide not to use a particular signal at a particular time.
However, the best is to strife and know your charts, spice it with the knowledge of fundamentals, you are all good.

It is true that the market sometimes has unpredictable movements and it is hard to predict even for expert traders,
there is no way to guarantee we will be a good predictor,
very much affects the movement of the market and it is difficult.

It's always going to be difficult to build a system where you can trade and make money easily, it is going to be a tough one without a doubt. I am not saying that it is going to be impossible, but no indicator, no steps, there is nothing that you can do in order to get a prediction that is precise all the time.

Sometimes it may work, sometimes it won't work and we are not going to end up with a thing that will be forever good, it is going to be different. This is why I believe that the best thing to do in this case would be making sure that it is going to hurt a lot but be careful and have a good stop loss in order to cut the losses short eventually, it should be the case in this situation and we can make a profit when the time comes as well.

All your advices is good but in my opinion the best way to predict the future price in the market is to master the market structure. I use indicator as my additional confirmation or confluence so that the probability of my bias will increase. You can't make indicators as your main way to predict the price, it's a little bit laggy and confusing. If you use moving averages in higher time frame, it's difficult to understand, but if you how the market structure works and also if you know how to read candlesticks, it's increases the probability that the price will go to your expected price.

Indicators are only a tool to make predictions and indicators are not the only ones used.
Various indicators are also combined with Fundamentals so that we will know where the market is going.

Regarding the Time Frame used, the smaller the time frame chosen, the faster the price movement can be seen, and vice versa, the larger the time frame, the slower the price movement will be depending on what time frame you use.

Small time frames are used for fast trading, and large time frames are used for long-term trading.
It is not difficult to understand, just how you use it and how you get used to it.
Reading the movement of the candle will also help in trading, you must remember every candle that forms.

That said, predictions won't be 100% accurate, there will definitely be some mismatches and that's natural.

Smaller time frame should mean that you are about to trade in a smaller time frame as well. That's how it works and that's what it should mean. I believe that we are not going to end up with a bad result if we keep making the same mistake over and over again.

So if you are using small time frame then you should not hold something for too long, if you hold it for too long then it gets out of that small time frames result and gets into a longer time frames result and it could be very different and you could lose some money. I suggest highly to just make sure that you know what you are doing and in order to do that we should be careful and just get out when the time frame goes beyond what we are comfortable holding it for.

There are no indicators that are 100% accurate, and we can anticipate them to reduce losses, by means of cut losses. most pro traders also do it, where they realize that they don't always get profits, but if they experience defeat it is a loss that is measured in taking risks. as in our example using the EMA indicator, when EMA says the trend is up and we determine the buy area, it is not certain that the signal is correct, what happens is for example that the price goes down and penetrates the EMA, then we must be prepared to cut loss in the planned area

I didn't use indicators to predict the price because we can't really predict what will happen to the price in the next hours or days. If we can predict the price in the market through indicators, we're all now profitable. That's why some traders don't use indicators but can still manage to be profitable especially those who are trading forex, most of them are day traders and scalpers but only use price action. Personally, I only used indicator to know what's the trend and anticipate when I see a signal in the market.

The inherent flaw of indicators is that by their nature they can tell you what happened on the past but not what is about to happen on the future, which is what every trader wants to know, so indicators as their name implies can only be used as a guide but never as a source of information with absolute certainty, and good traders understand this and they are flexible with their thinking, and more than anything they prefer to look at all the circumstances which surround a big movement rather than to rely only on their favorite indicators.

Still, a beginner will not get a good start, even if he has theoretical knowledge. Since the necessary condition for profitable trading, in addition to theoretical knowledge, will be experience, which will be only as a result of practical trading. Therefore, every beginner should know that he will have to lose the first few deposits, but this should not stop him and he should continue to study and apply his knowledge in practice.

Price prediction is hard especially to a very volatile and unpredictable market like crypto. You may predict it correctly this time, but in the next days, you need to do a lot of analysis so you can foresee the price again, otherwise you will trade at a wrong timing. However, it’s not just good price prediction that matters, but also how you handle your risk management in trading, and how your behavior and attitudes are when you are trying to trade at a very unpredictable market.

Indeed
Because indeed trading crypto is something that is very difficult and complex. So it's just an imagination, especially for newbies if they think it's easy to get money from trading crypto. It's not easy to earn money but it's easier to lose money in this field hahaha

That's why you really have to be really ready when you want to trade, be ready in various ways. Includes knowledge about trading, crypto, and various other knowledge as initial provisions. Then it is also required to have very good and wise emotional control so that we can anticipate various possible discomforts and emotions and panic at certain times. And various other things that affect trading, including how we analyze the market, especially in situations that change drastically.

I think it is optional. We aren't a must to learn other people analysis because we do our own analysis. Learn other analysis may lead us not focus on our own way, people may have a different way to do their analysis. As long as we do own analysis in the right way, I assume it is unnecessary to learn other analysis. It won't help our own analysis much, it may ruin our focus.

Demo trading is a feature for a person who have no experience in trading. If it is our first time to trade, we can use this. But if we already trade several times, it is better to use real trading feature but use small funds only. Demo trading won't increase much our experience, it is just fake trading.  ;D

Many times even the wisest traders face losses because they cannot predict when the risk is low and when it is high. It is true that no one can ever make a profit with 100% sure, he must suffer a loss, little or little, that is the difference. But it is never possible to profit by following any such signal but there are many wise people who can profit by following candlesticks. But it will definitely be good for the traders if the indicators are used to follow the signals in the market

knowledge is not enough if we do not have experience. by carrying out experience, we will know exactly our weaknesses in the process of becoming a trader. and experience must be real trading, because there a psychology will be formed that many people often complain about, and blame themselves for. actually it's not stupid we can't trade well, but we have to be patient in the process, and everyone's level of mastery is different, that's what we should understand

True because experience there is a process which we have to try it ourselves,
the more experience then we will be more formed,
sometimes many people are impatient with the process which must be passed first.

Well said. For new traders, it is essential to focus on education first. Then you must have a plan; keeping emotions in check, following the market, and practicing patience are also required. Learning about the market you are interested in before jumping into trading is important to avoid mistakes in the initial stages. Start with a small amount of capital to learn the ins and outs of trading and minimize the risks. Keeping emotions in check is critical, as they can cloud judgment and lead to poor decision-making. Following market news and trends will help you adjust your strategy as needed. Don’t panic at all because mistakes are an opportunity to learn and grow as a trader.

Price action reading is also super important in crypto trading. While indicators can be helpful, they're based on historical data and might not always capture the whole picture. By focusing on price action, you can directly observe how buyers and sellers interact, spot patterns, and make informed decisions. It helps you understand market sentiment and anticipate potential price movements. Plus, it's a skill you can apply across different cryptocurrencies, giving you a versatile trading approach. So, don't ignore price action.

Not only beginners but all others cannot easily control their emotions and because of these emotions they loss good sum of their money instead of making good profit. Some people when loss for the first time starting trading on emotions but they forget the thing that it needs your attention, experience and knowledge which is far better than your emotions while emotions will never make you Rick but become a reason of your failure.

To get rid of this act one should think that if he loss for the first time then what mistakes he did and how to avoid those mistakes for the next time. Learning and practicing will make you able to earn well suited amount; get the profit what you have and always keep your behavior positive like if you loss then try to not repeat that faults and will take better decisions to be successful next time.

Even the experts can't perfectly time the market all the time, they might make predictions based on research and analysis and get a close call but they wouldn't be able to have a perfect prediction, it happens but it doesn't happen all the time as you said, so one needs to understand that they should take a trade when they think the time is right based on their own research and gut feelings, though I wouldn't recommend going with gut feelings all the time.

Sometimes, it's best to simply DCA when you feel you are in the right range but not sure of the correct time when you wanted to buy a specific asset so that you don't miss out on the opportunity if your prediction doesn't really go the way you wanted it to go, that's a good way to go about it as well.

Fundamental Analysis is a must-know for any beginner in trading, keeping abreast with an upcoming news relating to any particular coin is very helpful to determine the likely sentiment of the coin a positive news will trigger a bullish run while a negative news will likely dump the price of that coin, for instance few days ago XRP won a case against SEC and the effect that positive news resulted to a massive pump in the price of XRP therefore entering a buy order immediately after the pronouncement of the case would result to a massive profit earned by the trader so Fundamental news drives the market, thereafter other important knowledge related to trading should also be learn by a newbie.

True. The market also shakes out the experts, reacting against their analysis. Looking at the market movement in recent times can give some idea of ​​how the market has liquidated the short/long traders. So many times even after doing proper analysis it is not possible to predict the next move of the market. So a trader needs to be aware of various things while doing short term trading. One thing a trader should keep in mind is that if he has funds in his trading account he can catch the next opportunity, because the market creates opportunities again and again, those who take advantage of those opportunities stay in the market. Therefore, since price prediction is so difficult, traders should focus on recharging the market by exercising patience and emotion control, thereby preventing them from making wrong decisions.

There's no one would really be called to be a perfect trader no matter how veteran or expert you are, you would really be still able to experience out that kind of shake off whenever this market would be making those
unexpected events or happenings specially if this one talks about fundamentals which is something that it is inevitable and since we are just humans then those reactions would really be just that normal.

Basing up on whats written on OP then i would definitely preferring on enhancing yourself on this point.
5. Avoid Emotional Trading and Always Follow the Trend :

This had been always be the main problem even if you are already that experienced but once you arent that good when it comes to emotions then you would definitely be able to
changed up on whatever plans you do have earlier because you dont able to tolerate and control up your mind on sticking up into your plans.

Following all of these will not guarantee you to perfectly predict the price all the time. Sometimes, the market  becomes unpredictable and uncertain so you have to analyze the market well before you can correctly predict how it’s price will gonna be. And let’s just accept the reality that even experts in reading and analyzing the market, can’t actually make a good price prediction always especially that the crypto market itself is hard to predict whether it’s gonna be bearish or bullish.

There is no such perfection but as we gain more market experience, that's possible it increase our chance to right. But as we are talking about newbies, that is certainly impossible - that's the reality. Yes, even they have to follow those tips that OP had mentioned but I'd never think we can see consistency from doing it. However, from time to time, as long as they have the spirit to learn, they can gradually improve it and of course, it will take time. That is why we should never underestimate trading and if we wanted to succeed, then must have to focus on doing it and study all the things needed.

^That is definitely right and I must agree here.
Perfection may indeed be an elusive goal, especially for newcomers in the market. Newbies may find it challenging to achieve consistency right away, and that is the reality they face. Because trading for me should never be underestimated, as it demands a focused approach and comprehensive knowledge of all the necessary aspects. Success in trading comes to those who are willing to put in the effort and study diligently. So, while perfection may be an unattainable goal, continuous learning, and dedicated practice can certainly lead to become your improvement or success.

Exactly If everyone was a perfect trader and could predict the market perfectly, then many big asset managers would not have gone bankrupt. To be successful in the market, the trader must keep control over himself and refrain from overconfident and aggressive decisions.

I've seen many traders who were experienced and doing well, but suddenly the market became volatile and they couldn't control their emotions and made FOMO buys. As a result they exited those trades losing the whole year's profit at that time. So the traders who are making profit throughout the year sometimes cannot win with the market, this means that no trader is perfect and the market can make even an experienced trader suffer huge losses at any time.

I often compare trading to poker, if everyone on the table in which you are sitting is playing perfect poker then no one except the casino makes money, you need a few players which have a lower level than you in order to make any profits, and the markets are the same, if everyone was a perfect trader then no one will be able to make money, traders need those with lower skill than them in order to fill their pockets, and even good traders make mistakes too which helps even better traders and some lucky noobs as well to make profits, then our aim should be to be as consistent as we can be and not an impossible ideal like perfection.