Bitcoin Forum

I already started crypto trading. But i cannot understand how to get profitable in crypto trading. How to understand which coin is the best for buy. I don't know how to become successful in crypto trading. So guys, please tell me which knowledge is important for crypto trading. Thanks...

first buy a stash of bitcoin, and just hold it.

use a small amount to just do play-trades on different exchanges, to get to know the ways.

follow all the news about bitcoin

reddit/r/bitcoin
this forum here

read into the tech stuff a bit as far as you understand, look the technical advantages of alt-coins, the mining properties to get a glimpse of market swings.

like BCH is sometimes more profitable to mine than BTC.

learn to know when these times are, learn how the market reacts and then react according to that.

The majority of existing crypto is basically crap and will ultimately fail on the longer term. Try to find out which coins actually add something to the cryptosphere and consider investing in those. I won't name specific coins as I haven't done the necessary research myself yet. Set out a strategy (when to sell/buy) and adhere to it as much as possible. Oh yeah, and diversification is usually not a bad thing!

If you are just learning, start out small by just trading one or two coins. I recommend sticking with Bitcoin or a major altcoin until you have time to learn and do research on others. For whichever coin you pick to trade, buy on a dip (drop in price). I also recommend that you don't buy all at once. Put in a buy order for a small portion of your trading balance. When that buy goes thru, the price could drop more, so buy a little more if it drops again. Keep doing this and you can buy through the drop. When the price increases enough for you to make the profit you want, put in the sell order.

You should be taking it easy at this stage. Get to know yourself on the trading platform and how you work in that environment. In the initially stages off course the coins will look like bunch of chaos to you but you will get to know them in the long run. First understand the trading methods, like there is day trading which you can do with crypto currencies and it works for 24*7 and 365 days. The coins cone from the associated ICO projects which you should be following if you are going to make investment into particular coin. Try to read as much as you can about the coins project and the related development. This gives us futuristic idea of the coin and its value. If it seems good then you can buy it fir long term investment.

For short term investment people often go for swing trading where they will buy coins randomly at lowest possible prices and will sell it highest possible prices thus making the profits.

There are many more methods but you can start like I mentioned here.

Trading in crypto currency is not an easy job op. You will need to have a good knowledge of the coins that you want to trade before you buy them. And that is not all, you will need to know more about technical and fundamental analysis to enable you succeed in trading crypto currency.

What is your knowledge of yourself?

Traders fail most often because they have no control over their emotions. If most people did the exact opposite of what their emotions were telling them to do then they'd come out on top.

Does risking any amount of money make you nervous? Most people play right into the hands of the people who conquered their emotions long ago. They're depending on you to buy at the peaks they create and then sell back to them when things are looking their worst.

Think through how you've reacted to stress in the past and then decide whether trading is something that you'll be successful at.

Try to identify crypto projects that have value and have a good team. Read the whitepapers, forums, reddit, ask for opinions, etc. There are a lot of rubbish coins out there. Your job is to find projects that make good sense and will enrich the crypto world.

One of the best pieces of advice I've gotten would probably be to take profit. When a trade is going well and you're up a couple percent you always feel like it can go higher. Don't submit to this greed. Dare to take profit.

Basic knowledge is enough and your stated problem about you can't understand how to get profit on trading is part of basic knowledge. The basic in trading is buy low and sell high. Now that you know the basics, it's now time to learn how to enhanced it.

Your question about which coin is the best is not part of trading studies directly. You must do crypto research about that coin since you are the one who can tell that a coin is best if you able to play with their price. This is the challange here. No matter how people will tell you what knowledge is important here, if you didn't understand fully the basic then you are not good to go and needs more time before you can start.

The knowledge of controling emotions. Some newbies can't control their selves from greed. And because of greed they lose a lot of money. It is important that you must be in control even the situation is unfavourable to you. Learn to control emotions.  Also some traders are just buying altcoins based on people's opinions which is bad because they might wrong. Learn how to analyze things first. What's the reason why you buy that particular coin? Make a research and don't just believe what others were saying here because they're might be people who shill their coin. Most of them are just pump and dump coins. Do your study first before jumping in.

Trading would really be hard specially on new comers.I bet you did directly jump into trading without any preparations or studying on its basic informations.You would really find it hard even though on those people who do prepare would still struggle to be profitable on trading and its just normal because no one could able to predict the price movement on the market this is why you should not easily be discourage because its hard,just strive to trade and learn from your experiences.

First step is understanding what the candles mean, you can find that through google.  Then do indepth research on what coin you want to trade.  Last you just gain experience by doing it over and over again.  Eventually you figure out market movements and how pumps and dumps work, I believe it's only something that comes with time.

you should know technical analysis in trading for you to know if you are really entering the market and you can get a profit. In short, read about trading is my advice only you should know the candles stick chart that you first read and find out if your trading source.

Yes knowledge is important in trading, how would you be successful in trading if you barely have knowledge about it. Read basic information about trading and the rest will just follow through. You should also know the terms used in trading because it helps you to understand more what traders are talking about. Some of the tips are found here in this forum if you are that resourceful, you'd find them.

If you're trying to get into altcoins, you really need to research deep into which coins will last and which ones will die soon. Don't fall for pump and dumps either.

For the most part, if you're trying to buy altcoins, chances are that you will be buying and selling very quickly. There is a high chance that you'll practically be shorting a few coins. You need to start looking for signals in the news, announcement threads, and potentially even reddit. These all will leave you with information you'd need to trade.

All of the information in the cryptocurrency world are very important. Having a knowledge in the cryptocurrency are great advantages because having many knowledges can make more profit.

What you need to know about crypto trading is how it can raise the price of their Coins. You will learn how to read roadmaps they will find here what they intend to do and how it will run on the market. So you will have more knowledge here and you can get rich here. Just be patient and read all the news

Though I am trading for some time now, I would still consider myself a newbie because there is still a lot to learn. The first one to learn is understanding the market. You should know trading psychology and understand how the market works and market cycle because the one that are moving the market are people so at least you will have an idea of how people react to the current price and you will see it through price action. The candlestick patterns and the trends would give you an idea of this to speculate the market. This would be the technical analysis part.

Another aspect that you would like to be updated to is the news about the coin. Its recent developments, how active its developers are and what is the purpose of the coin would give you an idea if the coin would be valuable in the future. A coin that has a real value would eventually go up in price even if there are FUDs every where about it like bitcoin but it can be applied to other altcoin as well. This would be the fundamental analysis.

The combination of technical and fundamental analysis, trading psychology and risk/money management would make you a profitable trader as long as you have patience and a trading plan at hand so that whatever happens, you know what to do.

The most important things in crypto is updated news because crypto currencies is decentralized things so all of the price is based on market, so when you see a lot of people demand that coin, then big percentage that the coin will going up, chart and technical analysis will help you to predicted the lowest and highest price possibility, the theory is like that, but in reality there are so many things to be consider and so many things that can suddenly happen

The best way is that you should always determine the profit at which you would sell at the time of purchase itself . So when you acheive that target sell it and in case if you feel that market will still go up should keep small amount of coins for future rest can be sold . In this way you will get profits out and also keep some small part for future too .

always check an update on what happen on the market there is so many way but agree with that being updated is a must anything else not just in trading like when joining for some campaign when you are updated you know if it is success or not and for trading when you know all things that are happening in the market you can now decide which coin you want to trade.

Go for the swing trading in the initial stages as it is the most easy stuff for newbie trader. It's simple bug at low and sell at high game which you can win if you find some good coins. Try to trade top most linked coins on the exchanger which will be shown on the different exchanger itself. If you mid them then just nite them die and again wait for the opportunity to buy at low. Repeat this for every coin that you think is potential coin. Not only this but you can also try copy the experts on the forum. Keep an eye on the people about what coin they are speaking about and also join the pump groups who will artificially pump the coin for getting profits. This might be confusing to understand at this point but you will get feel for everything soon.

There are so many things that people don't do in trading they think that they know everything about the price , support level breakout point etc but you see them screwing up in abritage you should at least know some basics of how coins work we see many people complaining their eth transactions don't get credited. You should atleast know some features like eth smart contract how it's valuable to the future or xmr how will non tracing coin be helpful in future.
Second important thing is exchange many go on yobit with 10 btc and pump the price it surely increases but no one is there for dumping and they lose everything. Many don't check the trust factors also they see no kyc that's it I'll use this.

Most probably everyone should read about any coin real time update this is the most important for trader i think. Secondly should know graphchart info for valume transaction about anycoin. And have to follow recent price histry as well.

Crypto trading is quite different than stock and forex trading due to its very volatile, it is very rare to see an altcoins that has a very minimal price fluctuation like the one for Ripple XRP token. Top 10 coins are good for long term investment, the best coin to trade and to play are the ones on the ICO or any alt coin who have less than 1 dollar value, except for XRP. Always watch the ICO list and ANN thread about ICO on which coin to buy. Trends and bandwagons are the basic knowledge about crypto trading but it all lies in your own hands which one fits for you. Or you may try to read my post about coin buying guides for this month of October here : https://bitcointalk.org/index.php?topic=2231991.0 , this might also help you decide which one should you trade.

For me it would be the patterns because you will have a bigger chance of earning or not loosing that much money when trading which is a big thing.

one aspect that you would like to be updated to is the news about the coin. A coin that has a real value would eventually go up in price even if there are FUDs every where about it like bitcoin but it can be applied to other altcoin as well. Its recent developments, how active its developers are and what is the purpose of the coin would give you an idea if the coin would be valuable in the future. This would be the fundamental analysis.There are so many things that people don't do in trading they think that they know everything about the price , support level breakout point etc but you see them screwing up in abritage you should at least know some basics of how coins work we see many people complaining their eth transactions don't get credited.
Second important thing is exchange many go on yobit with 10 btc and pump the price it surely increases but no one is there for dumping and they lose everything.

probably the most important thing to understand is that there are no guarantees and stability...

Most important thing in cryptocurrency world is information. We all know that knowledge is power, and we can put information in knowledge section. From that we can learn that to be successful in cryptocurrency trading you need to follow news, to do a research of market and many other less important thing. Maybe most important thing would be controling your emotions. Emotions can lead you to wrong conclusions and deeds. Stay calm when trading or doing anything else.

As far as making profit is concerned, as long as your sell at higher price, higher than you paid, you will make progress in your trading profession.

The  most important knowledge you need to get is that you need to set goal of how much profit you want to earn.And another important thing is that you need to invest how much you can affoerd, because sometimes you will lose your bitcoin too in trading process so always be aware investment capital is an excessive amount you have it don't use your important savings.Try to learn from your own mistakes . Don't only depends on the guesses try to understand that concept of trading.

You need to have very wide knowledge about the different countries how they manager and treat cypto currencies. Because if any bad news come from major countries it will directly have impact on the demand and price of the coin. So overall knowledge about the market, forecasting and technical analysis will help you to judge and do trading along with the investment in right type of coin.

You should learn the golden rules of trading before you joining any trades my golden rules are:
1. Make peace with your losses so they wont disturb you future.
2. What other people think of your trading is non of your business.
3. Don't compare your trades to others because comparison is the thief of joy.
4. The Only person in charge of your success is you.
5. Stop thinking so much sometimes you just need to take action.

So many times I have found myself doing this. Thinking too much on a trade, trying to see whether it is the best time to get in or get out of the trade and eventually finding out that I was too late. Once one is sure of what he or she is doing, the most important thing is to stick with your decision and take a step immediately. If things did not go out as planned, your strategies will help you to know when to get out and all still balls down to making quick, good decisions. Thanks for this statement buddy!

Emotions are definitely a main element you need to control while you are trading because sometimes people make wrong decisions being emotional. This is then hard to defend and fortify your position. Coming towards the things, which are required to be known by you before you buy the altcoin?
1.   Check for the software and the nodes etc. that are supporting the altcoin.
2.   Check the market cap of the altcoin.
3.   Check the trading volume of the altcoin.
These are the things that will help you and make it easy for you to whether to invest in a certain altcoin or not. With the help of the above mentioned things you can easily determine the future any altcoin, if it is gonna survive or dump. 

When you are doing trading with cryptocurrency you must be updated everytime for any news about the token simply because the price moves every seconds well for me everything about trading must be consider so you cannot loose big money.

News had been the focal point of cryptocurrencies trading, of course news triggers it's volatility, you just have to be alert and be conversant with news.
More so, you will have to study those coins very to know the profitable ones among them and make sure you invest with the amount of money you can afford to lose, don't use all all capital for trading at a go.

That initial level of emotion cannot be ruled out for every newbie no matter how they try. Over time, experience will teach them lessons on how to end up controlling such emotions whether loosing or winning. That temptation will just come until you start realizing they are not worth it and start discarding the emotion bit by bit until you find out you are gradually trading like a pro and making even more without the emotions.

I think most expert would say that if you wanted a lot more profit you should a lot of daytrading. Study candlestick etc.

FIRST IS TO KNOW MECHANICS OF COURSE. But I think the most important information in trading most specially in alternative coin aside from bitcoin is study the information and platform that this certain coin have. Choose a coin that you think has more potential in the future most specially if you have been aiming on long term holding of a certain coin. don't just believe on someone that would say that  'hey this coin will go to the moon, you should buy it', almost most holder will say something like that on all the coin they have. In short don't believe on just someones'speculation/ Learn to speculate a coin by yourself. See if their dev are active, if the road map really leads to a productive activities.

After investingtune in to the news about them. I think he news are important to trading, most news are manipulating the price and you should subscribe to crypto-news to be updated.

If you want to trade altcoins that is not easy like it seems. There are so many altcoins and it's hard to decide which would be the most profitable. That is the situation where experience helps the most. So you will not become good trader over night, it might take even a year before you learn enough about market, patterns and you will definetely suffer some losses before you get the profit.

If you are trading in Bitcoins then the main point you should remember is PATIENCE because if you had purchased on high rate then dont panic as you will get your price but if you are day trader then better play with stop loss. Same time if you are long term investor then you should buy in split and as soon as the price starts to pump then you should be able to take profit in this pump. For other altcoin trading you should be fully aware about the projects and developments of that coins which you are going to trade.

While knowledge plays an important part in trading, cryptomarkets are generally affected by only two things: news and demand. After studying the markets and trading, I've learned that the market will decide what direction to go depending on what news is circulating around. The China ban(s) is a classic example of what I'm saying. As for the demand, well it's pretty straightforward; if there's a large demand, prices go up. If there weren't, it will stagnate or go down. Again, you can't use traditional trading signals in bitcoin and cryptomarkets since those are completely different things, though can be somewhat useful in creating an analysis and research on where to place your next move.

Understand to read graph and able to predict next trend !

So it's just same as when you're trade on wall street but the different only bitcoin value depend on supply and demand which I'm consider as risky investment since the price can suddenly change.

I think with you willing to start trading activities that will be the most powerful capital when compared with people who have not dared to trade. this I say because with you dare to start trading of course you will get experience that can be made lesson so that you do not make mistake a second time. maybe all you have to do is get more emotion control when you do trading activity because usually mistake is often done by trader that is adalalah where when crypto value is down there they will experience panic. but if you can control your emotions you will be able to read the movement of crypto market that is moving. I think if you have confidence over the crypto you are trading I think all you have to do is keep it until the right time when you sell or buy it.

You can actually go through the journey of best trading from the forum itself. Look for the best coins to be traded in day trade and also watch out for the pumping groups around the forum. Make the collective data from all of this and try to hit that coin at right time and win the game. That sounds easy isn't it? But it's not. You have to study these very closely and let yourself dive into it for better knowledge and implementation of the strategies. This will give you  long driven in the world of bitcoin trading.

Recent news about the coins, future plan of the team, team's background and their wealth, understanding the potential of a coin, coin's implementation and adaption, lastly it's community.

Welcome aboard and since you ask which knowledge is important, I think you can start with how to read those candle sticks, next is know if the coin is oversold or overbought at that time, that way you will know if its good time to Buy or best time to Sell. Next is know the right people, surround your self with people who knows about crypto trading and listen to their ideas but bottom line is you are the one who will decide which one to buy or sell. Join group chats that shares ideas not signals, you will not learn from those signal groups.

for me best way to learn is loss because when you loss you will think more than 1 time why you loss and will find way to stop loss

Yes doing a proper end to end research before trading is very important like there are some users who get carried away by some new coins which enters the market and suddenly has surge in the value but eventually end up losing money by the failure and dissolution of the coin so we need to check the timeline of the coin which we will be investing as if we check the timeline and trend we will have an idea about the durability of the coin like even if it's price falls then it should be capable enough to come back stronger.

To be successful in crypto trading, you need to do your own research on the coins you think will give you a good return on investment. It would be perhaps better if you invest in reputed coins which a lot of users have trust in. Better not go with new coins right away,it will be hard for you to figure it out in the first place if it's a scam or not. After some experience that you will get, you can go for new coins. Be careful out there people will try to snitch.

For you to become successful in cryptocurrency trading you most learn how it works first before putting your hard earned money. Developing your skills and techniques on how to trade professionally should be the basic of how to make good money from bitcoin and altcoins trading. Many people are losing their investment today because of how the have jumped into trade without adequate knowledge on what professional do.  Spend most of your time to lean candlesticks formation and pattern and how to interpret them will make you a professional over time and you will make good profit from the market.

This is very important. In as much as we make use of information at our disposal to make quality decisions, there is no way we can always guarantee the market movement in our predicted direction every time.

The market is quite volatile and there is nothing that can be done since we are still in the initial adoption phase for now, hopefully overtime when adoption has grown widely and there is liquidity, then we may start experiencing a less volatile market.

To me i think there i such specific knowledge for trading altcoin, but the generation information that are necessary for trading are required for trading altcoin. for example you must have some knowledge about the market, you must also have good information about the coin where you are going to invest your money. and i think the most important thing that you must have is your experience and trading skill which can really help you in trading altcoin.

Your own research will give output from other successful path in trading only by reading a article or watching trading tips videos in YouTube. To win in trading all the time you have watch the price movement continuously and make the money by frequent change of the value in trading site you are doing trading.

That number 4 really got my attention. The only person in charge of your success is you. Even in real life situations, you are the only one who can make plans, strategies, know exactly what you want to do, own up to your decisions and make the best out of anything you want to do. Don't follow the crowd, be sure of what you want to do as long as you know what you are doing, stick to it and own up to it even if you make mistakes and never forget that learning is very important.

Trading is considered a risky profession because of the volatility of assets. However, it is also a very beneficial job. Every problem has a solution and trading can be done safely. The foremost skill that can save a person from loss in trading is patience. In the dip season, the investors must buy more asset but people sell out due to panic. This is the worst mistake in trading.

Holding some of the best established cryptos is the first step. This is a growing market and beat in day trading is not easy. Even if you profit its not easy to profit more than just holding the big ones, being BTC the biggest. That said you can still play around a littl. However i would not put more than 10% in day trade and if im bag holding, just assume the loss if you want to keep playing, or wait. panic selling is never a good option.

When you move from this first step and actually trade you should first learn how the platforms work, then which coins are around and what they are proposing to deliver. Is always best to risk trading coins you won´t mind holding if the trade doesn´st go your way. For instance i stil believe we can see a DGB spike and i have a small stash bought over 500 sats. As i like the coin, i´ll just hold on o it and see if it recovers because i believe it will.

then you might want to learn a bit about tech analysis. even if you do not do it yourself it is usefull to understand what people are tweeting about bollinger bands , fib levels or RSI.

When this is achieved maybe a year or two have passed and you might post again with new questions:)

I think you should still follow the basics which is sell when it's high and buy when it's low. Only entertain trust-able cryptos with good background and history and an active developers. Always remember the lat price that you sell and buy, that should be always your new markup. Overall, you need to know the basics on trading.

Patience, self control and thorough studies on crypto currencies are most important, upon entering into the world of Trading, you must invest more of your time, no short cut available on trading.

Thanks for this write up.

It is crystal clear that you cannot perform great in trading until and unless you don’t have sound knowledge about the coins you want to trade with. Just reading whitepaper of the coin is not enough for knowing all about the project. You really need to work hard in order to reach the authentic and useful information of the coin. There is no doubt that great demand indicates great price.

There are many ways for you to become better in trading you can read news, articles and blogs that has a potential you can also do a research for yourself in here https://coinmarketcap.com/ you watch the price graph, history, volume and price of the coin you want to invest.

and also you can read different types of strategies in trading one example is the most famous "Buy low and sell high" in which you're going to buy low price coins and sell it when the price starts to rise. You can read this article if you want to or search for yourself: https://www.buybitcoinworldwide.com/trading/

Another thing is you can either choose either do a long term trading or Day trading. In Day trading is where you're going to sell your coin in a small profit, in Long term trading is where you will invest in coin for a long time and wait for it to pump and you're going to sell it when the price is at peak.

We live in an age of modern science where impossible can be replaced by possible. So,there are thousand types of way to know about bitcoin.Because, the knowledge is important for crypto trading. Firstly, English language is needed in this respect. After buying some coin,you hold it for increasing it's demand.Then you surely gets more money.So,you have some basic knowledge about trading and that's enough in this regard.

You have to search which coin are best in the market just search Google for more information.
so my opinion
 
Btc LTC ,Waves,LTG, MCO, eth is still best for trading

Wow, I thought studying about charting and basic trading is already enough. Thanks for the tips you guys posted, this thread is really helpful. I wish I could master the skills that would fit my trading style. Thanks!

Candlestick formations is the best knowledge one should strive to have about trading. As a trader I can actually tell you how candlestick perttan contains every information one will need about any coins one needs to trade. Technical information and fundamental issues are all computed into candlestick at a particular time of trading circles . If you understand how it works you have a gold in your hands.

If you start by number zero, you have to learn day by day. Read more and more topic in this forum. It will help you get knowledge.

This is a bad way to start trading you should educate your self first before going to trading. You might see yourself losing a lot of money if you do not know waht you are doing. Trading seems simple but it is not a game you can end up broke by doing bad trades.you should have at least tried it first in a demo account but since you are already have a live account key thing is to control your emotions sounds easy but seeing your trades going negative is not pleasant to the eyes. Also try to learn at least the basics of candles sticks and support and resistance. There are a ton of videos/tutorial in you tube that you can watch.
 

At first You have to find best coin in low rate, You may use google or bitcointalk forum site. After select coins you can now trading. You must be updated everytime for any news . Because in every minutes every seconds the coin price is changing .
you have to also understand which coins price is now low rate and when price is high.. Then Buy huge altcoins in lowrate and keep eyes when the price is high. If price is high then sale all your altcoins , you can get a good profit from it.

Obviously if someone wants to actually get into cryptocurrency trading market then the most important knowledge he must have is about the present rates of various digital currencies.

One of the easiest method to earn more profit in a less amount of time is to go for altcoin trading because they are among the lowest rated coin and once you buy them at low price then there comes a time when the prices face fluctuation towards the positive side at that time selling your coins would earn huge great profit indeed.

Reading or watching tutorials is a really good start, but it's very important to get some hands on experience too.
Start trading with little amounts and pick coins that are volatile (big price swings), you'll get a feel for the market and can apply your strategies immediately.

Also don't forget to make a log of your strategies and the profits or losses it generated.
There are services that offer this automatically though :)

Where can I find these pump groups? Another newbie asks.

The knowledge of crypto coin market value is the most important thing that a trader must know before trading .
All other factors comes after this . If you invest in any alt coin without knowing its market value then there are more chances of getting loss then that of profit . There are thousands of altcoins in the market ,choosing the best ones is the foremost task for trading . Other than that I would say that bitcoin is most trustworthy coin as compared to others so you must start with bitcoin .                                                                                   

If you want to pick the best coin for trading then i suggest picking major coins such as BITCOIN, MONERO, DOGE, etc but if you're looking for long term trading investment then you need to possibly read whitepaper of the token or projects that you have interest in it  ;D

hard research is what you need mate, its not just because most people bought some coins then you should do the same inside trading you need to use analysis
in order for you to select which coin can be profitable in long run, you need to have knowledge regarding to its plan development and what the project will offer for some useful things inside the chain.

that way is where now some are dont want to do main reason they are lazy to make a research because they want an instant money they want an easy money that are not profitable in trading because patience is a must and on how you make a research for the coin that you are wanted to have.

Reading is the most important skill you need to succeed in crypto trading. technical analysisl is just the theory. You have to read, read, and read. If you could have much information, you can predict the trend of coin.

You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences. You can't become successful trader over night and there is no receipe how to do it. Probably you will learn the best on your own mistakes but it would be good that they are not to expensive. So not to many theory but lot of practice.

In the terms of trading is a long way of process to learn,we have so many things alway's do's and dont's .in trading we must observe the trending and development of project of which coins must have potential in the market,second,we must  learn to predict when and where should we invest in the kind of platforms that less  service fee,thirds is to buy less and sell high,and lastly we should have a patient to hold our asset in times of some problems occur in the world of cryptocurrency,like this coming segwit2x hardfork.

That's an awesome thoughts mate, graphical trends coming from trading sites can highly educated us with acquired skill which you can develop in terms of knowledge it will provide. We can encounter mistakes actually at first time our trading, and particular on most of the bounty earner traders that's common for them to dump coins after being distributed. But I think that's not a profitable idea because it isn't aporopriate for us to sell immediately, so as you gain that knowdge you will eventually develop how to learn emotional control and patience is important.

In trading crypto ... It is sometimes really hard hard to see which one has the biggest potential in the market where you can unvest your money... But maybe all you have to do is tathered some info and researches about tge orogress of those different crypto for you to choose which one do you preferred to used :)

I will add a little, it is necessary to understand:
1) Where to invest? (using the CoinMarketCap website)
2) How much to invest? (Invest as much as you can afford to lose)
3) Where is it better to store crypto currency? (to study ways of storing crypto currency, exchange)

All of the information in the trading world is important. It is true that having a lot of information can make us rich. I using all of the information that I learned for me to make more money.

I agree to you that we should be carefull if we are choosing an altcoin. We should have a knowledge about what we are investing for us to earn income in the future. I can say that Knowledge is very important factor in the trading world.

Many of coins become gone because the developer of the coins can't handle so better to search the community of the coins so your invest will have more secure then try to monitor the coins price like the cycle if its high or low in month or weeks then do invest i think most of the coins are have good developer but sometimes even they that the coins still become gone because many bitcoin user not enjoys the coins

For me knowing how to read charts will help you or lead you to earn big money. Although in every aspects of trading are important but if you master reading charts you have an advantage to other people. Knowledge is more important than following any speculation, learn it how.

First all you need to have is patience. Trading needs that. A lot. And before buying study everything you can about that particular coin you wish to use for trading. Then take each and step carefully in trading. But you always have to keep researching on that coin. And search for other options if you find the current coin you're using not that good. But don't switch too fast. Everything takes time. In switching too fast, there are chances of leaving a good coin. So as i said earlier, patience is important.
And good luck for trading!

I will advise you to start the process of how this market work buy spending time reading what traders are saying concerned there trading on this forum. You should focus your attention on candlestick formation and learned support and resistance in bitcoin and others altcoins pricing. Many have lose their investment by jumping into trade and some even abandon their investment because they don't know were to start. I have been trading forex for long and candlestick formation tell you about all information on the assets you are trading.

actually the coin crypto coin is not difficult and not easy.
need enough knowledge and often learn.
when the crypto value improves you should be able to strategize and always benefit you.
in this case you should be gradual and should not be instant, especially you have to know your surroundings and you also recognize the first science of trading that exist in yourself .....

You should know about everything from the market to the developer to the product of the coin, you have to follow every step of the way. There are plenty of coins so if you want to know more about it then go to coinmarketcup and look for it one by one. Research about the coin and know more about it.

Yes, of course. expecting luck alone will not make you successful on trading. even without it, you're just playing in gambling. well, with information, experience, and knowledge, maybe you can master the market, and benefit from it.

First of all, an mind to observe the market moves is a must, next thing is the patience to keep hold of it and involve into buying or selling of assets at the right time. Another thing is a mind that can accept loss as well wins and should possess self control, because price fluctuations happen quite often during which should not get into panic and make wrong decisions.

These are all the important skills needed to be an successful trader but i have to add one more point to your skills is that abilty to make decisions at the right time because in altcoin trading the time is important some coins will give high profits for the short period of time so we have to find that coin and investing on it will give good profits.

First of all, learn how to separate the scams from the deeply underpriced currencies. Then use proper risk management and play the odds.Cryptocurrencies were created by super nerds. You don't need to know how to code, but if you are not good with computers you may want to stay away from cryptocurrency trading, at least until they start building more user friendly interfaces.

There are lot of things which you need to learn in the world of crypto currency. It is because of the reason that the more knowledge you have, more are the chances that you are going to make wise decisions. In addition to this, this will also help you in having a better idea about the trends of the market.

You need to read the articles related to crypto currency and you also need to have an eye on what all is going on in the market.

Understanding the market is a very important thing, most especially for each coin one may want to add to his or her portfolio. However, all these does not come without learning, cause the only way to understand the market is to understand how trading is done itself, which would help you to know which coin you want to add to your trading portfolio or not.

I do not deal with much coin; I only look at the possibilities of a coin always doing the trick for me, rather than trying to cut through the whole market, considering the number of altcoins.

Before start crypto currency trading you should know details of coin market. we suggest at first you analysis coin market then you chose coin which is very ups and down. coinmarketcap you can use for you coin analysis and you must note down which coin and how many movement in 24 hour then you can buy .

yeah that's the right basis in terms of checking history and how the coin performed, you will be able to catch some anticipation as you assess whether the project has been supported or if its just a pumped and dumped project, you can always check the actual movements in terms of days , weeks or moths in
order for you to make any decision supporting the said coin.

It is up to you to study the depth charts, order books, candle bar charts, daily trading volumes and news cycle to discern the patterns. The price is a composite of this and the psychology of people who don't understand this. You will learn more about day trading this way and more importantly learn to trade/invest independent of the price.

if you do not have any trading experience at all, Maybe you can follow the trading signal from a trusted trader master, or follow a trusted group in social media,  trader is not an easy job, you have to learn a lot from experienced traders

Learning or getting some ideas on experienced traders is just a plus not totally making yourself dependent on them since we do have different styles on doing trading which we would able to identify our trading style along the way.Yes, its not really an easy job since it would really require time and hardwork for you to be able to get the right way on how to do it and making it profitable as we can.

No serious trader will ever bother to provide noobs advice aside from a few tips here and there, and that's if that person knows you. If you actively search for "experienced" traders, you mostly end up with idiots selling you guides/tutorials with information that can be found freely by using Google, and the worst of all is that it isn't of value to starters at all. If you can't figure out the basics yourself (without paying for free to find information), you'll never be able to come anywhere in this market, and that's a fact.

open a twitter account, follow some good guys in that space. do not buy whatever is shilled in that space. take note of the mentioned coins, check out their Github and ensure that their is an activity. ensure it has a low supply. then you keep buying the dip ( buy the silence on crypto twitter and sell the noise). these has worked for me since the month of May 2017

It is really not easy way to know about crypto trading.Because crypto market any time fluctuate.So If you know better about crypto trading then you follow order book, Buyer quantity, seller quantity and daily candle bar updown quantity.Although it is not perfect way or better way but i hope you will known something.Moreover follow crypto news in social media and invest your money feel free.

How do you monitor noise/silence? I think this is one of the best ideas I've heard for a while.

I think what important knowledge is the use of any cypto if it can change anything that what we have right now because most of them are claiming they are trying to solve a problem that does not even exist so we will know if that coin is good for trading or not.

The noise about the coins is one of great indicator to us to see if the coin is pumping and if there are so many people ranting and pointing for the coin who's moving up for that moment then maybe you can join with them and earn for short time. But be careful since if there's a hype pump comes the dump scheme will be follow on that and make sure that you wouldn't be left holding or else you will bag hold that coin for long time period.

It is very hard subject to know about crypto trading.Yet If you caught some technic then I think you know some ways to easy about crypto currency.Always see crypto news and follow twitter and telegram.It is very helpful for know crypto trading.

Making a decisions in trading is very hard for us. specially for those people who can not control their emotions. The best thing you can do is research and read about trading to get some tips.

Other than Twitter, what are the suggested best trading chat groups to join?

Also to the OP, it’s critical to know when to cut your losses, and know when to take your gains. If you find yourself wishing or hoping for a particular movement during a trade, you’re on your way to a quick loss. The factors and signals that get you into a trade and the stop losses/limits you set for yourself to minimize risk aren’t based on emotion. They’re based on research and analysis and you should be so confident in them that you’re willing to risk your money based on that confidence. Trades will turn against you despite your experience but as they do they’ll ALWAYS cross your stop first. Respect your money.

One word is MOST important in trading: Discipline.

There is no silver bullet here. What you don't know, you don't know. I think you may have to spend some time and money to educate yourself about crypto currency. Lean about blockchain, bitcoin, Alternative coin and trade with little money that may help you learn how to trade in the future

Most people who have skipped that first part you have mentioned always have themselves to blame at the end.
It is very necessary to read and learn, which is where one would get strategies from, understand how to monitor and do a quick scan of a chart to make decisions and also be able to make buying, selling, profit and loss decisions.

Logs are really very good and they help a lot for cross referencing, which is what a good trader should always make use of.

It is important to know the basics of crypto trading first to learn the dynamics, then the strategies. You can achieve these by learnjng theoritically and practice. At first you will experience failure but remember that from these failures you will learn snd develop your skills in trading.

You don’t just seek a particular knowledge in trading, you seek all, everything that it will take for you to become a professional and benefit from trading. You need to be studying every market you show interest on, try to know everything about it and you can be able to tell when it’s in demand, when it will rise and when it will fall.

Know the right type of trading chart to make use of--- especially candlesticks, and the right time to trade. There are lots of things to learn, I’m not a teacher, these are just the basics.

In crypto trading, you will first have to control emotions.Do not be frustrated if you see a price of a coin that may fall.Because the price of coins will increase afterward.Buy good coins.Of course, we have to hold good coins.Try to always know about crypto.

crypto trading may be difficult for those not willing to learn new things to be a successful trader u need to increase ur curiosity and learn, research. u will become successful. set rules for urself. andd remember, buy low sell high. rinse and repeat. you will get  there
 ;) ;)

You need knowledge of how to get information easily, because the important part is information, once you get the required information you needed, next is knowledge how to read chart and analyze it.

Getting good and valid informations is great for every business, but not all of us have good sources for that.
My approach is choose a coin that you wish to trade with, take a look on charts and analyze it. Bitcoin is the best for trading, because bitcoin fluctuations are the highest. Other coins are also good, but you need to know how much profit you wish to make, to set up min and max, min profit is the safest, max always have its own risks. This is daily trading, if you don't have time limitations then buying in dips when prices are red and selling them when they are green will be profitable for you, just target 10-20% profit and you will always make profit, if you wish higher profit you will lose more often.

I followed several trading groups, I can learn a lot from there, Sometimes I also search for information via google, and that can add my insight, so I can know a little about how to read an indicator, Our task is to develop the knowledge we have learned.

Read the full details and ANN threads for any coin you need to trade. Also you should know the upcoming projects the coin has to offer as projects are the key for any coin success.

The most important knowledge is about the coin you are going to buy. it will determine how you will take the decision because when we can choose the right coin then our chances to get profit will be greater. while when we choose coin wrong we will be very difficult to be able to gain profit. you can see that the right coin is a coin that has an opportunity to experience an increase in price.

Most of the said trading groups have a biased opinion and you wont get to know the best investment opportunity always,make sure you learn about the project before investing your money and there are some good coins in the altcoin market where you could invest and i am sure when the alt coin market recovers you could get a good profit,make sure you invest only in top coins and not in hyped coins.

steadiness
stress resistance
ability to wait
concentration

it is these qualities and skills that are important in my opinion

for crypto currencies it is important to have knowledge regarding bitcoin and other currencies because these are the things which can be traded in this market. for help you can ask from the experts which are available in the forum as well they will properly guide you and also you can make good decision by your own easily like in the other tradings we can make good decision as also this can be done easily crypto currency knowledge is must for this trading.

Holding is the biggest thing that you need to  know first. Also knowing the international market and news will help you invest rightly in the right coins.

I meant to ask something like: Is there any software monitoring that noise or do you make manual searches on different social medias?

For me when trading I like to watch the markets first for a day or more, and pay particular attention to a few coins that I am interested in, this will allow you to see how the market moves and start to notice some trends. I do not use huge levels of technical analysis but instead feel for how a price will change over time.

You need a lot of knowledge in trading like be patient , being researcher and use some tips and startegy. Making a research you can know what is the best coin to buy because you read a lot of information of different coin and you see some comments and thats good because you will build Idea if this coin have potenti to increase in the future or not.

Research, research and research. Since you are going to invest with out real money, its better to look at the coins you are going to put your hard earn cash. It's better to do some background checks like historical logs, recent news and other parameters before making your moved. Sometimes its better to also used our common sense. I see others just invest because someone says so, it should not be. Used your common sense and better judgement and let listen to FUD because when you do that, you can't do anything when the price just drop down and lost all your money in it.

For me just learn how to avoid greediness because this is one thing always make investors loose its capital avoid also to but shit coins if your capital is limited. I will recommend to buy bitcoin and ethereum because these two are surely profitable by just holding it for long period of time.

Just keeping an eye on the market, and especially when it comes to altcoins, won't do much for you. Their markets could look insanely bullish one day, and turn into a complete bear hole the other day. It's fine and all if you are looking to gamble on a pump or whatever, but luck isn't something you always have on your side. In most cases people just look for certain events that are planned, and then act in advance of the actual event, which again is more or less a gamble since you don't know how that market will react at that time. If that event doesn't happen for whatever reason, you'll be seeing your calculated profits vanish very quickly. It's basically also what happened with people buying Bitcoin in advance of the planned hard fork -- result is exactly the same

roadmap is not enough to based the price of coins... much better u need technical analysis in trading like candles stick and hear the news about the coin some people he making a huge group to hype the coin be aware the hype coin even are you newbie..

Well you'll need both. Knowing how to read candlesticks has helped a lot even for stock traders. I think you just have to be aware of what's going on in the crypto world since many pumps and dumps are influenced events so you have to keep yourself updated

In the terms of exchanging is far of procedure to learn,we have such a large number of things alway's do's and dont's .in exchanging we should watch the drifting and improvement of venture of which coins must have potential in the market,second,we must figure out how to foresee when and where should we put resources into the sort of stages that less administration fee,thirds is to purchase less and offer high,and in conclusion we ought to have a patient to hold our benefit in the midst of a few issues happen in the realm of cryptocurrency,like this coming segwit2x hardfork.

you started trading without proper understanding about profiteering?how did you manage to trade while you know nothing?just wondering what coins have you traded..being a full member means your not a newbie so you have read most of the advices here in thread.

As what have always mentioned here that READ MORE TO LEARN MORE.before going into battle your weapon must be ready.so stop trading for a while and invest your time to make research to all prospective coins and digest to a smallest details of each for you to find what is better

You can try searching about the coin, different reviews about it, background of the team member and the concept of the project and if you think it's gonna click or gonna trend then you buy it also there are some sites that rates the coin it may also a big help. And to answer your question i think the most important thing into cryptocurrency trading is that you have a "Presence of Mind" why? We all know that some people are panicking when their coin or where they invested drops the price if you really study the coin well you're going to have faith on it or in your decision.

Precense of mind is important once the coin drops price you should really think what isthe best way. Is it to believe in the coin or cut your lose.

The knowledge which is important for trading is the trading knowledge. The traders have knowledge about the correct time of a crypto currency when they are willing to purchase for profit. The important thing for us is the practical experience of trading because from this we can examine that is trading profitable for now or not.

Yes the trading knowledge covers
1. Analysis technical to find the trend of price digital coins up trend or down trend, it is usefull to prediction of price, about the analysis technical lesson can found on the video via YouTube, it is more clear than just be explained by writing.
2. Management of money and risk in trading activity, we must have planning how much the target of taking profit and stop loss base on the analysis technical.
3. We must take control emotions in trading activity, so always follow the rules of trading be made by our selves, it will help us when the price has huge volatility due to we have trading plan before entry the market.

I found many similar questions about this. Is this coincidence or is it real?
they are not looking for answers and prefer to keep asking, whereas everything related to trade is here and in some other media like youtube and google.
I can not give any answer, just an immediate suggestion of practice and learning from experience. if it fails keep trying and learning.

You need a large knowledge about crypto currencies in general, and especially about trading before investing in this world. You have to read and get learning about the most successful crypto currencies, or tokens to trade, how to choose them, and how to study the chart and the market, when buying and selling and so on.
This forum can help you to get such knowledge because most successful crypto traders are already members of bitcointalk.

Skills needed for coin trading. First is the ability of analyzing price charts and price graphs. This is very important as it's the technical analysis method. The seond is following the market news about each major coin because they might cause a huge change in the market. The last, following other traders' ideas about the market.

If you wanna take in to cryptocurrency world, you should have basic knowledge about crypto. The second, you have to learn about technical trading and psycology. And the last, you have to have a expert to ask.

and also being dedicated on your work on how does you are able to be updated on some crypto news i find it important , cause your skill of having it then you have also the skill on how does you are able to analyze is a must and one of the knowledge that you have for while in trading.

It is neither easy nor hard to get involved in trading. The knowledge you should have about crypto trading is that you should keep an eye on the market. For starters, you should buy and hold for a while. Afterwards, you should sell in order to have a suitable profit.

Furthermore, trading requires patience and commitment. If you get bored of waiting the rise of the price and sell, you will regret doing so because the price is always growing. That is all I think.

The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit. So the best knowledge in crypto trading is that you can predict the rise in coin prices based on the present market so you will know when to buy and sell it. To find out the best coins to buy are the most popular coins and very fast and high price increases like bitcoin, bitcoin cash, dogecoin and more.

you have to make your own research for every coin before you want to invest in it. you have to know factors that affect the price of coins and after that it would be easier to trade but not certain.

The knowledge of the coin itself is most important for which you are doing the trading. Second thing is you should know how to trade, what are the fee involved and what are different trading symbols etc.  Thirdly you should have control over your emotions and feelings.

For me the important thing that you should know when you are in trading. It to be updated about the price of bitcoin.  Because you will rely in that information weather your going to sell or hold a little bit more. So that is a important factor in doing trading. And in addition to that you shoul also do a research on what coin you are going to buy. It should be the coin that can regain its value.

If you want to crypto trading you should know about the technical knowledge of trading..The most thing is you have to know what the crypto you had used and updated things about coins , its price developments, how its running now..

The other thing is how to buy and sell the coins with complete knowledge. Most of the beginners do not use these things because they should eager to trading a coin and get the money but they shouldn't knowing the proper trading and coin.










   

- blockchain technologie
- btc/alt correlation & correction
- market's law
- technical analysis

I think reading all about the ICO projects to which the alt coin belong is the safest way to go for it. I mean the coin value will increase as the development in the projects occurs day by day. The development is safe way to get more investors into that particular project so that they will invest and will make the utility use more day by day thus the coin increases in the value. Plus beyond these technical things you should always look for the market capitalism of that coin which you gonna invest as it will bring up the price of the coin to forward front lines and you can be sure about the investment. This you can keep watching everyday from many of the sources.

A trader will always keep an eye on such things because he knows the ultimate fate of the coins depends on such technical as well as no technical things only.

Welcome to crypto trading if you want profitable in crypto trading chose some coin and study their roadmap and whitepaper also need technical knowledge of trading the second is follow the market news about each major coin because they might cause a huge change in the market overall badly need trading knowledge

Everything you have said totally depends on the trader's experience, style of trading and their strategies which they cannot know without having a good knowledge on how to go about them.

Certainly, it is a simple process, but for a trader who is not ready to leave their funds in alts for so long, I have always believed that cutting losses at a certain percentage is just the best thing to always do and look for a better alternative to trade.

Yes I observed one thing the professionals in trading they will not choose a reputed coins to make a profit. They will target one shitcoin and make others invest in that coin and afterwards, suddenly they will sell and make a profit. That is why don't buy any shitcoins if the profit comes late also no problem buy only a reputed coins.

I think for newbies, not to trade in coin with low market capitalization, instead you should trade with coin in the top 20 on coinmarketcap, which will help you limit risk.

Yes experience is the best teacher ever. To learn about trading everyday can lead us to earn more money because learning about it can also teach us not to lose again on the other strategies we did in the last time we try it.

The important thing for crypto trading is keep practice and emotion control. Practice make perfect, meaning for there you can get experience to help grow up skill and understanding about real market works. You can choose any strategy, but keep practice with real money and fix the problem will give you valuable experience. Last thing, keep calm never panic when your analyze go wrong and make loss. Do that until you find the best performance and has income from your trading. Good luck with you.

Usually most of the beginners in trading they started from small amount of capital so that if they lost in doing trade its not that hurt to accept you are loss. But if you are sure the coin you buy is pontentials you buy big amount of capital.

For me, researching skill is most important knowledge you have to prepare to become a good trader

You should know when someone is about to pour in tens of millions in a certain coin before hand.

 ::)

Trading skills and Behavioral psychology are the important knowledges for crypto trading. If you are good at both of them, you will always win the games

To me i think the most important is to remain as upto date. Studying the market on regular bases is too much important, you need to know about all the important activities that are going around you. You also need to get the expert opinion and their analysis, being expert in crypto currencies most of the time their prediction proved as correct, therefore you need to have good contact with them and also read news about cryto currencies.

You need knowledge of financial markets. How does stock market trading work?

If you are good at the stock market, crypto markets are basically the same only much more scammy so you should stay away from lesser-known coins/tokens and also more volatile so you can expect to gain/lose 5-10% on a daily basis.

Keeping up to date is always good but being control of your emotion is I think the most important thing. All those technical analysis and research will go away when fear sets in. Being unattached will make you logical that will result to more winning trades.

Firstly you have understand about technical analysis, this knowledge is important to read and to know the price in over sold area or in overbought area. And also understand about candlesick pattern, price pattern, some indikator and price action. This technical analysis important to understand when we do short term trading , and for longterm trading we should be analysis the market from its fundamental. Other  more important thing in trading is risk management and good psikilogis like always patient and do not greddy.

I feel knowledge is just one aspect, and that prepares you for the technical activities of trading. But it becomes less important as a first priority to many of us trade from our homes or don't actually sit in a trading job, where you:
1. trade within targets and instructions from a boss/employer
2. trade within limits also set by employer
3. require second, even third approvals before trades can be executed
4. trade with someone elses funds


That's a stark difference. When you trade on your own, you have no instructions, no limits, no requirement for a second approval, and the funds are yours. This all means that emotions and nerves play a huge, huge factor. I think for us, this is the thing we have to master more than anything else.

I think when it comes in choosing coins it is good if you know the purpose of this coin and the potential of it to grow. In trading it is necessary that you have the strategy to be used in order to gain more profit. But most especially you must gain experiences because your experiences will be your steppingstone to become more effective in the field of trading.

Cryptocurrency trading is very much based on speculation. Perhaps more than anything else. Watching the market's sentiment can e done through communities and relevant blogs/announcements but this all moves very fast. In the end, it's all profiteering on the speculation.

The reality is 0.1% of traders actually beat the market - imagine if you traded into altcoins when BTC was @ $1000 - that coin would have to increase by 900% just to match you holding BTC

Just buy and hold. thank me later

The most important knowledge needed for crypto trading is analytical skills because you have to predict the prices of bitcoin or altcoin by doing deep analysis.And the decision making skill also needed at the hard times.
The best way to be an successful trader is by buy low and sell high it can be done by two ways you can buy bitcoin at when the pricr is low and sell it when the price is high.The next way is buy finding the coins on which country is available for cheaper and where it selling at higher prices.If yiu have friends from all over the world then you can try this method because in some countries bitcoins available cheaper than the market price due to more competition between traders.

The knowledge that important in crypto trading is the analyzation in every market you will enter in trading. This are very impprtant and ofcourse to control your emotion of never got panic. Because when you are in panic mode losing may encounter.

The only knowledge that is really important when it comes to trading is knowing when to buy and when to sell. A lot of people get confused by the idea of this. Also, it is wise to control one's emotion because of being too emotional when it comes to trading, that person ends up failing and not earning.

You should start to learn technical analysis, read some book like
Technical Analysis  Jack D. Schwager
Japanese Candlestick Charting Techniques’ by Steve Nison
then start practice on  https://www.tradingview.com.

Use twitter and this  http://coinmarketcal.com for searching news.

Don't be greedy and emotional while trading.
Practice as much as you can. Good luck.

Trading with crypto currency isn't easy especially if you're new in this field. Do you know most of people left there job just to work with bitcoin and trading, Not only knowledge but experience also required. I suggest you to first learn about that coin which you're going to buy. If you buy wrong coin you'll be in a big trouble. Try to understand the importance of coin marketcap and other factors which contribute the success of a coin.

If you are looking for a pump group, then look no more cause you will not find any and if you do, be ready to lose all your assets.

Most of those pump groups were found on telegram back then and the followers of those calling the shots ended up realizing that these guys are only using them to make profit for themselves at the expense of gullible followers who ends up holding a bag of shit coin or even selling for losses. Learn yourself and make trading decisions on your own.

the main problem of new generations and of (humanity nowadays) is that we want all and we want it now...

to achieve results or benefits or everything else you have to:

1 study a lot
2 understand what you are studing
3 (if u understand) be able to apply what you have learned
4 start to to having results or fails
5 start again and study again
6 know more and more and start developing intuition for good deals(in life)

...and it is a never ending story (ask to veterans how many time they have failed and started again)

Study! Learn! Know every day more! Nothing is for free!

Cheers

From my experience I can tell you that you should always look for a coin which has a good enough volume that is being traded. Coins with a small volume does not potentially have that much of a buying and selling activities. Secondly, you should always look for a coin which has a good price variance. for example, price only fluctuates between 0.00028 and 0.00030. You wouldn't want to invest in that because that wont give you a good enough profit.

According to me we should need historic data about particular crypto whether it is BTC,  ETH or any other crypto,  trading is all about strategy, we can also study about crytpo to gain the knowledge and also search it on google to know what are the best method to do trading.

You should learn the basic of trading, many important things like liquidity, sentiment, political and any other trading indicators. It is impossible to predict the price of cryptocurrency, the volatility is very extreeme. So you better don't take higher risk by wait to get higher profit.

And what is the probability that others are going to invest in that shit coin. For those traders who use this technique, it is not possible to earn large amount of profit.

It is best to go for Bitcoin trading but if someone does not have a good experience, he can go for famous alternative coins like Ethereum Litecoin neo waves or Monero.  Those all can give good amount of profits and none of them is a shit coin.

The graphical trends coming from trading sites can highly educated us with acquired skill which you can develop in terms of knowledge it will provide. And before start cryptocurrency trading you should know details of a coin in the market and make an analysis before you  choose a coin on which you notice that it goes up and down and take note of the coin if how many movement well done in 24 hours.

Actually I think with the crypto market you do not need too much technical knowledge such as stock or FX. Currently I find that successful investors in the crypto market have a way of playing the news of the altcoin they invest. If there is good news or big event they will buy and wait for price to sell out. Conversely, bad news is that they will cut their losses soon.

Analysis becomes the most important thing for you to notice because with the analysis we can pay attention to the movement of bitcoin prices. monitor prices and see price movements at any time will help us to make decisions. oh yes choosing the right time in making decisions is also a thing that can not be forgotten, it is things that can help us to get the skills and knowledge in doing Trading. So do not forget to keep concentrating and working hard because it will affect the future you will get.

Trading cant really be learn easily which you would really need to learn the basics and do really need experiences along the way which you would able to mold up yourself on how you do make trades. It isnt easy and mistakes will really surely happen but shouldnt really be discourage easily and stop.Just treat it normal and make analysis why you did make a mistake and later on you will find out that you would able to avoid past mistakes as your are heading to your goal.

My opinion is that in crypto trading the most important thing is to stay up to date on all the news that are sourrounding the coin you are trading and of course the whole cryptospace. Another aspect is technical analysis but this can be hard to learn and is not the most important thing in crypto, because markets are volatile and other things have more impact on them, at least I think so. As it is with every skill you want to achieve, you have to fail first, stand up, try again. Rinse and repeat, and finally master the skill. This goes for trading as for every other. Good luck to you.

Definitely, news work most of the times if you can know how to find them, but I would not say one should just discard the ability to do some technical analysis as they are applicable not just too FX but to crypto trading as well.

There are so many successful decisions I have been able to make with TA and if it is just to be sticking with news alone, I would never be making that much. Like you said, the most important thing is to know where to step in and where to cut your loss if anything goes wrong.

So the method to be sucessfull based on your story is the most important knowledge of trading cryptocurrencies is we must makes analysis fundamental to getting profit from it, and in my personal opinions it is good for long term strategy in investment activity (usually buy the digital coins and hodl for couples years later), but the skills of analysis fundamental in trading is not enough especially for the traders who apply short term investment (daily, weekly trading) they must know about the analysis technical to predict the price in short time.

Same concept with dealing inside forex, we must be aware on any aspect that will reflect to the current status, I think news and any updates will bring the current price to move either downward or upward it will affect the trade, so with proper knowledge we can place our entry and exit point for a better result.

If you are data Analysis Expert then you are eligible to start the trading on any currency once you understand the history of coin when it pumped when it dumped the you will be master of any Trading of coins

I think the most common knowledge that is necessary in crypto trading is to know that when the price is low that's the time to buy and when the price is high then that's the time to sell. This is the basic fundamental rule in trading. Also, patience plays a big role in all of this because there is no specification of time when this happens. The best we could do is to wait.

The main things is you have to learn about trading, its not easy, it need knowledge and hard work,
and always see which coin are dump,   cause if coins are dump then 90% have chance to rise, I don't predict I just see it, and I say it from my knowledge

Don't buy coins just because they are increasing in value pretty fast. Find out ways to figure out whether the coin is just being pumped and dumped.

They have a lot of different knowledge is important in trading . If you want to become successful in the future better if you have patient, know about the startegy and absorb the tipd from the expert and successful trader . For me the best to do if you want know what coij is the best to buy or have potential is to make a research so you can see if the coin have good project.

There is no specific knowledge that you must only learn in understanding trading, you must learn how to appreciate everything about investing, from fundamental to technical analysis, as well as the psychology of the market, you must understand when will people are trying buy and sell coins, there will be times that people will panic buy and panic sell, and as an investor you need to watch out for the signs, in order to make more profit.

You better stop trading if you have no idea how to trade or how to read charts, that is not enough to make you a winner but it is necessary if you are ever going to make any money, there are many videos on youtube you can watch and learn from.

TA
Tech Analysis.

It is the main key

Basics of trading are something any wannabe trader should never skip. The basics is not all about buying low and selling high and a lot of people have made that mistake and ended up losing so badly.
There are so many important things to watch out for in trading to be able to make a good decision and there is no one born with the knowledge except through learning. The best knowledge that is important is to never skip learning and never stop learning.

TA
Tech Analysis.

It ll give you idea which coin will grow.

In my personal experience into trading, predicting the market is must and more growth can be achieved upon the accurate predictions. To gain such a knowledge user needs to keep himself active with each and every event happening with the cryptocurrency. It can be of the forks, halving, the altcoins into existence, exchanges market, etc.

Yes that is right that trading required a  good strategy and analysis, you must have good planning and strategies. You must also have good knowledge about basic of trading. Being a good trader you must be a good decision tacker. Some time trading also require a good patient, you must wait for the good time take a decision, for all these qualities one must spend good time in trading to get good experience first and then put good amount of money.

the knowledge about the business is very important for the cyprto trading and the one thing that is more important is the knowledge about the market rate and value of the bitcoin. I you have sense about the market so you can predict better weather the values are going up or falling down so you can take a better decision on time and its very necessary the crypto trading.

For someone that is not smart with trading, a coin with a low volume is not even advisable. Although, they can be a bit tempting when you look at the chart activities but one rule is never to put too much and never hold for too long without putting a top loss even if you are buying at dips. The thing is that I have been able to double some of my money with some of these coins, most especially from some of their crazy pumps.

Data will always be compulsory when trading and that is why the ability to study the charts is very necessary. You really do not need to go as far back as when the coin was launched, just some few weeks back will do. There are some analyses that can be done on some of these coins that would help a trader to know the decisions to make before entering and the perfect time to exit.

you should be diligent to see the price developments in the market cap. there you can see the development of altcoin prices. and before you choose the coin like ico coin, you should learn the ico's way, like see ann them and their project purpose, if convince you can start trading there.

i suggest that u just wach market for 2 mounths and dont trade any thing , just follow the coins chart and try to learn technical analysis , the start with short amount of bitcoin and try to make it bigger! ;)

If you want to know, you just need to study things about crypto trading. The important thing is to know and learn everything about trading, reading, researching and waiting patiently.

Making good decisions require huge level of knowledge. It is one thing to make any decision as a trader and it is one other thing to make decisions based on strategy. So many people these days like OP have been asking questions on how to trade, which is obviously simple, just find where you can learn.

No one can sit anyone down on this forum to start teaching them how to learn as it is not a day's job. However, there are so many resources on technical analysis online that can be of great help and without that, no one can do well in trading.

oh boy ...

I wish I had some sort of "Inside trader" knowledge ... such as

.. what next altcoin will be listed on the major exchanges ...  ;D

+1

We have all a different technic of trading ! Find yours and hope it will work :)

But the basic thing is : Read everything you can, learn everything you can and, first of all, control your stress and emotion.

There are number of things which you need to know before starting your carrier in the world of crypto trading. Almost all of them are equally important and you do need to have knowledge about them. The most important things include chart analysis, basic background knowledge about all the coins which are there in crypto market, having patience and knowing the trick of making the right decision at the right time.

if you want to trading an altcoin, better to know the history of that coin before, altcoin can't be predicted, the price sometime get down when the btc price pumped, for now probably a matter if you want to trading altcoin.

You would really need to know atleast the basic before you would decide to jump into trading because it would really be hard for you to trade directly without any knowledge inside of your brain because all of the things you would really do would really just act as a gambling because you are trading without any proper information and knowledge about it which means higher chances of losing. Knowledge would always be weapon on anything that we do tend to do. Even on real life situations we dont know nothing on anything this is why we do really need to experience.

Its important that you know the basic but these knowledge will not make you a effective trader so you have to level up and learn how to do technical analysis and fundamental analysis but most importantly before learning all of these you should learn how to control your emotion because no matter how good you are if your emotion will control you then your trade will turn out into disaster.

This is true, but many people cannot wait for anything any longer, I remember that when I was waiting for something I just waited but now people are looking at their phones all the time, they are unable to be uncomfortable for any significant amount of time.

I would say into exchanging, anticipating the market is must and more development can be accomplished upon the exact expectations. To increase such an information client needs to keep himself dynamic with every last occasion occurring with the digital money. It can be of the forks, splitting, thealtcoins into reality, trades showcase, and so forth.

Trading is really not a very long process when you consider the little time of probably some weeks of dedication to learning and years you will be making good profits, then I will say it is just the best thing so ever to do. Some people however are always just too lazy or consider trading as something you can just start experiencing and learning on every mistake. One would have finished losing everything before realizing.

Some coins are even dead because the developers never really had much interest in really letting it survive while some were just scams. This is why it is always very important to read much about the coin most especially if it is not well known and still has some low market cap.

If you can hit the right coin with a good team and a good project, it is always very hard for you not to see them give you good profit at the end.

Most times, it is not about the potential, except if you are in the very long term trading. Most times, it is just to understand the news about the coin, the activities surrounding the coin, and the best time to get in if you can. All you need are good strategies to trade safely and we cannot always be right because market is not 100% predictable and anything can change, which is why the stop loss is very useful.

There are a lot of thing to know and learn about trade and I think that’s not possible to expanse in detail here but I think for trading you need some extra ordinary activities because in trading you will just buy and sell and some time you can also exchange so definitely you will buy thing with less price and will sell with high price to take profit so you must have to buy those thing which customer like most and that must be good in price for them.

I think we should focus in our strategies and techniques because those two is the key for us to become successful trader. If we have good strategies and techniques, we can earn a lot of money.

The funniest part is that he mentioned all the things necessary to do to be able to trade successfully but does not have the answers to them. I wonder why people have questions and they just find it hard to use those questions to do some research and use the findings to improve their knowledge.

To become successful in crypto trading requires being successful in the learning on how to trade and just like you said, he should better not trade at all without those knowledge. Technical analysis is all that is needed to be learned and that alone can take me as far as he wants to go in trading.

I think the most important knowledge to have in crypto trading is to always know whether it is the right time to trade or not. I'm sure that a lot of traders still do not figure out and ask questions whether to trade or not. We all need to have standards that will tell us whether to trade or not. Otherwise, we will just keep on waiting until we fail.

I disagree if you think you are going to become a master trader in just a few weeks you are wrong you could dedicate your whole life to trading and that will still not be enough, trading is a very deep subject and only those that think already know everything are the ones that are going to fail at trading.

Yeah there is no shortcut to become a good trader we have to constantly study and learn from our trade and even if you are already been trading its not still assurance that you will be successful in every trade.

You need to develop the ability spot trends and which coins fit into those trends. Think of it like when certain clothes become trendy to wear everyone it seems wants to wear the same one's. Investment is no different. It all comes down to momentum.

This is why the most important thing in a project are the developers, there are going to be rough times and you need the developers to have an attitude of never giving up, if they do the project fails, but if they keep struggling the project may become something big in the future.

I think the learning about pumping and dumping signal is the most important knowledges that we have to know at first.

Before going into trading, one need to be groomed with the dos and don'ts of trading. As to the above question, every knowledge is important as far as trading is concern. You just have to acquaint yourself with the basic principles.   

Even in real life asides trading, if you do not have any knowledge on something, you are bound to fail on that thing. We all went to school and we did some bit of learning and examinations to test what we have learnt. Without reading and understanding, one ends up failing woefully.

It is just the same thing with trading, hitting the charts to trade is like writing an exam and if you do not know the right answer (which is your decision in this case), nothing can help to succeed.

Well, my indication on what coin would be the best to trade is it volume, because I do believe that the higher the volume is the more profit you will have. In order to become successful in crypto trading first you must have gain more knowledge about this certain topic and try to ask some help from the veterans. Just remember the basic which is buy low and sell high.

i think that you have to  analyst charts and follow the news in the coinmaket to make pridictions for the going up or going down of the price to buy or sell

In order to decide which coins to buy you should inform yourself about the fundamentals of a coin. There is no knowledge needed about cryptotrading in general. You must evaluate which coins do have potential and which dont. An already working product is a great indicator for this. However if you plan to start daytrading you must also learn about technical analysis in order to be a successful daytrader. Being able to read charts is a must in this case.

I am also beginner in crypto trading so it is very difficult to make sure wheater we will be successfull or not because we can just do our best effort to do it. About success or not is not problem at least we have tried.

As newbi, by altcoin with big news and holding it, i am sure we will have profit.

Hold your coins for 1-2 weeks or more. short/day trading is more risky compare to holding. Control your emotions, don't panic, put some stop/cut loss in every trade you do and don't be greedy.

Forget it about Technical Analysis. I can say the most important things is to practice controlling your emotion. Another skill will useless if you do not take care your emotion properly.

I think you really need to understand how it works and what it impacts and try to see a whole picture of what's going on but be emotionally ready for sudden changes

Right. First before any technicalities, you have to know yourself. Emotions taking the better of your judgement may be a big mistake. Then you have to extensively study the coins and their backgrounds before investing so you'll not end up investing in shitcoins.

Before getting into crypto trading its a must to have a long study about the different assets that were under selection for the purpose of buying or for investment. As in the above quote it can be clearly known about the particular coin through the analysis using the growth charts. More accurate the prediction about the growth, more will be the profiting.

You need a lot of knowledge in trading like be patient, being a researcher and use some tips and strategy. Making a research you can know what is the best coin to buy because you read a lot of information of different coin

Setting Goals
If you wanna be a successful trader, you've to learn to set achievable goals. You've to state when you will take profits and set your Stop loss. And most importantly, doing your due Diligence. When you research about a project and you are really sure of it, be rest assured you would reap good profits. Without setting up goals, you're going nowhere

You should focus in improving your knowledge about technical analysis compared to fundamental because technical analysis is like understanding the language of the coins because you can understand if they are going to fall or not and that is a great advantage in crypto trading and as a crypto trader.

I somehow agree. I think the most valuable knowledge in trading is actually which coins you should better hold or trade for. Like the above-stated reply said, not all coins would survive with an exception of a few. With this idea in mind, you should have ample knowledge in order to at least deduce which coins would have that driving force and continuing power to prosper and not just die out after some time. I think most developers are just riding the wave and are not really eyeing for a better future for the coins they make.

I think the first is the community of coins to be purchased. If the coin you are going to buy has a good community. then the coin is a good coin. Next you only need to find the coin information from the community, usually the coin will go up if dev will make a new project concerned with the coin. But this way is for long-term investment. And hereafter is patience. you must be patient in trading (patience is the key to success in trading)

I would recommend:

- Read a lot of the cryptocurrency-related sites and messengers, like these forums, telegram and slack groups, twitter, reddit, etc. No doubt, that's your best source.

- Analyze the charts of every improtant crypto that you like precisely. If you're interested in a coin, learn everything about it.

- There's controversy over usefulness of technical analysis, but I think at least learning the basics will help. There is no knowledge that is not power.

Be familiar with trading,  coin and latest updates about the coin. You will earn if you invested  it right and you have your patience with you.  Those are the important qualities in trading to gain.

Yes absolutely one must be ready and learning all ifs and buts for what actually crypto world is. There are some people who even don’t learn properly and they start working and thus definitely they are encountering with heavy losses every other time. So better is to make yourself full of knowledge as needed and only then you would be diving in this ocean of traders.

I think you have already gotten the best responses to your question. But if I were you, you should master how to pluck up your attitude and emotions first and foremost. Trading is easy to learn especially when there are many guides and studies you can refer to. What is determinative of your success in trading is your attitude towards a win or lose or both all at the same time. Always try to gather your emotions under all circumstances because once your emotions falter, you cannot decide rationally no matter how educated you are at trading. All the best to each and everyone!

first of all , i would like to congratulate you because you now decided to do trading. secondly you need to do a lot of research regarding on the coins before you purchase them because not all coins can give you a return for your invested capital and lastly you need to have a patience and self control in order to handle your emotions because trading is too stressful if you dont have a those traits that i mention earlier.  goodluck.

I think it is the knowledge of information about the coins that one intends to trade. It is true that patience is a strong requirement in being able to trade successfully. Still, when the coin is truly worthless, then no matter how patient a person is, it will still not work out to be successful. That is why, we need to carefully plan and study everything first.

I mainly use coinmarketcap for checking daily movements on cryptocurrency world. Crypto enthuaism is biggest reason for me for finding perfect financial system at world. Crypto trading is risky but rewards are also big.

I would say the same. About technical analysis, I would also recommend you to read at least the basics. I don't know a lot about it, but a friend of mine has learnt a lot with these technics and now, he is really good and has made good operations. It seems it's worth learning it :)

In my opinion, in the trade of knowledge to be mastered is about the development associated with the business to be traded (crypto). With we know the developments that occur in the crypto, then we should not be afraid of failure in trade because we already anticipate the risk of failure with which we get from the development of crypto. And one more thing to do when you want to trade is understand "economic patterns" so you do not experience the economic bubble.

crypto is driven by supply and demand.. most of the time, if there's upcomng news regarding that coin, price will surge up..
as for me, i always start on sleeping ones with notable background and fundamentals.. if the coin has an update on the roadmap, being listed on new exchange etc.. these are the common scenarios that pushes the price on new all time high..

The most important thing in crypto trading is the observation of market volatility. I used to use the technical analysis of the candlestick charts of the Forex market on crypto but I find it to be ineffective because the market is quite small and it is dominated by the price action of the beginning private and strongly influenced by the bad news of the market. So if you know how to observe and predict the market, then you will succeed with crypto.

Actually it's really simple , just look at the exchange price difference and look which one go up first then make a move to buy the late up coin that basically could be at the next price level and so on. That's the most easier way , if you looking for the complex one then learn about trading skills like an analytical skill etc.

I think every trading wheater crypto trading  forex or stock trading, the same thing to do is learning technical amd fundamental analysis. In cryptocurrency, learn news is more important than technical so just learn it first before the other.

Indeed, the most important thing for earning profits by learning about crypto currency is to keep a track of daily moments that are happening in the digital world. If someone fails to keep an eye on this, he will be amazed by the changes that are made within one week by strong coins.

I also think that understanding of the Crypto coin and trusting its potential plays a significant role in a successful trading of digital assets.

The answer to his question is simple knowledge of adopting and reading because by means of reading the whole specific long term goal of one crypto will make him rich in the future.
Yes, digital assets is important. In cryptocurrency there are many important things to know and to apply in some technical stratedgies you need to know how to spot the gem crypto.

i think the best thing is long trading cos of the way the coins move, there can be sudden movement but when a trader is on long trade he doesnt need to fear.

The knowledge about the altcoins is very important. Even you make an analysis or any charting method, it all boils down on the use and partnership of that specific altcoin. So even it falls, you know that selling it is not  a smart move.

Bitcoin traders should keep in mind that volume plays an important role in evaluating price trends. High volume points to strong price trends, while low volume indicates weaker trends. If bitcoin prices experience a large gain or loss, traders should be sure to examine volume.

I think that knowledge is only a small part of the commercial Cryto, so you can trade well need a lot of knowledge, to learn more specialized analysis of charts, technical charts. You also need to take classes that are experienced by experienced people, where they show you their experience, and they also tell you reliable sites that you can know. Get the most accurate information in a timely manner to give you the most accurate analysis and judgment.

The only knowledge necessary to be mastered is the efficient use of your brain and to master the skill of patience. In reality it’s actually a trading business just like you buying one thing and selling another, you need to have patience while the market is down and just wait for the right time to show your cards. When to invest, what to buy, how to deal, these are the things no classroom can teach you need to get out to people to learn these.

It is very important to know how it feels in the cryptocurrency environment, assets are important also strategic skills.  You need to be a reader because ir is the root of every traders traits. I experience talking in a traders he seems to be cruel, mad,  and unfriendly, how does this kind of manners be successful, will we wanted to follow them and they are very excessive and indicates untrust.  So if we wanted to be traders there must be a way that no one would follow him.

For me of course how to trade and how to do it good. but the thing that will change you trading experience if you control your emotions. because if not you will be scared mad when trading which can affect dramatically in you trades.

There are a lot of things you need to know when it comes to trading specially trading cryptocurrencies, since you are still starting try to read and understand what is cryptocurrencies learn what's the background of each coin and the history of it. Reading is very essential in this field so you need to do a lot of reading after that practice how to read charts technical analysis is one of the major requirement we all need to know when trading and this is the hardest part I think you will need a lot of practice before you can predict if the coin is going to up or down. On your journey of being a good trading you will learn the rest of things you need to know so just keep on practicing and never lose hope. Practice makes perfect!

It is true that knowledge is very powerful tool that you can use in order to become successful trader. I agree to you that you should know the technical and fundamental analysis for you to know what technique that you will use in order to earn big amount of money.

If we have a lot of information about cryptocurrency, I am sure that we can earn a lot of money in many ways. This forum is the reason why I earn now many money. I really learned a lot of information about the cryptocurrencies. I am now using all of the knowledge that I learned in order to gain income.

Basically buy some bitcoin and just hold it. Next stem is... just use small amounts and do do play-trades with that on different exchanges. This way you will get to know the ways.

From what I've read / learned from crypto enthusiasts, aside from knowledge of the coin/s itself, it's a good thing to setup a good strategy/plan where you'll be dogmatic about it - just so you remove emotions / greed out of the way. Try also to be specific (exit price, target return, etc) but at the same time practical. Good luck!

A large knowledge is needed for successful crypto trading. You have to learn about the most promising coins / tokens which have the best potential, in order to trade them and avoid the shitcoins. Also you have to learn about studying carefully the markets and the charts, and how to choose the best moments to buy and sell.

One of the most important factor is to listen carefully to crypto news at all time....

I think that the first thing you need to know in trading is how to control your emotion. It is important because if you are panic or greedy, you can easily lose a lot of your money. Try to control your emotion so that you will have a clear mind to make a good decision while trading

A calm mind is the key to success in this risky profession of trading because it enables a person to take right decision on right time, which is all that trader needs to do. It is not possible to avoid failure forever which means there will be a time when loss will occur. The bad effect is many give up after coming across this situation and sell out their coins. That is why it is said over and over again to show patience while crypto trading.

Be knowledgeable about the facts that yiu have to know about cryptocurrencies. It is not enough to just be familiar with trading and coins but it is better to learn the factors thay are considered to affect bitcoin price and or value.
For istance, the reason why bitcoin price declined to 8k Usd because of an outsider that manipulated the price

I think you need to start learning the basics of trading. To study the technical analysis tools. Learn how to read charts. Before entering the market, decide how much you are willing to lose. Do not borrow money for trading.

As I think about it for Crypto trading their are few things you need to know before investing in any altcoin. First you have to know all the details about coin that you want to buy it.. For that things the best place is coinmarketcap. Through coinmarketcap you are able to know basic information of coin like what is the total supply of coin, website, past price movements etc... Through this knowledge you get some idea that if you should invest or not.. Also you need to do some research about Bitcoin price movements before investing in altcoin because most of the altcoin have a deep correlation between Bitcoin price fluctuations.... So that's also important to learn about it...

In one statement i can say do more research By yourself about crypto word before investing... Because the more you research and learn the more your decision is correct.. And always be patience with Crypto trading...

More than knowledge, you require skills. Skill to have patience is very important. And not stressing over temporary dip.

It should be knowing how to identify what's legit and what's not. Reading many threads on these forum gave me many ideas to filter those scammers. Imagine that if you got hyped in a coin and you go all in but you never knew that it's a scam from the start so having that knowledge is very helpful.

You are right, we can really rely on those information that is available here in forum, so for me knowledge is really an important thing for us to be able to become successful. All of the things that we want can achieve by starting to focus what we want so that we can absorb the knowledge that we want as knowledge is our foundation for everything, with this we can develop our skills and our own strategies in life.

Every people should learn the basic concepts since this concepts are very vital in your decision making, they guide you in the right place to avoid the loss of your funds.

We should really keep an eye to this matter which we do mostly believe on this hypes when we do still new on trading field on where people do make such claims which aren't true and just purely hyping up a coin will really convinced you to buy such thing. Crytpo trading do really require lots of knowledge on your surroundings and you should really be wary about those false informations circling around.

In actual no one knowledge will work for you for the trading Because all will depend upon your experience that how much time you spent in cryptourrency and frommhow long time you are in cryptourrency Field Because knowledge is that thing which tell you that what you need to do .
Normally a basic thing that you should have is patience ( don't get panic and don't go for the sell of your coin at loss ) , make attention at many coin , this means you need to see yourself which coin is fluctuating in which price range and after that make buy at down and sell at high .
And also at any point if people are getting back then you should start to go ago and buy those coins Because panic sell are the time are the opportunity to make investment and sudden profit .

I think the best knowledge which is the important the most in trading is learn the basic concepts in our industry.
Learning the basic concepts will provides you a great foundation and a guide to make appropriate decisions in all kinds of circumstance.

Being full time trader must know the history of crypto currency and mainly focus on those where you invest.Learn about market and be update with news keep eye on indirect factors which effect on the market.

Do not invest at one place divide your capital for investment it will help to minimize the losses.

All of those things written here in this thread is true but for mo most important thing in life is to share our knowledge to those people who are willing to learn but having a hard time learning about cryptocurrency, don't limit themselves in doing so, make them believe that their life will also change by simply doing this one. We should be noted that we should not live alone, so if you have the chance to change other people's life do not hesitate.

You just need the basic in order for you to succeed in trading cryptocurrencies. What I meant by basics, is that you need to set your goal in trading especially if you are a newbie. For example, in day trading, you gain 10%, by that you can now TP out.

You need to learn number of things before even stepping into the world of crypto trading and even after you get in this stuff as this is the only possible way of your safe survival and it will help you in having something good. The thing is you need to learn things like that of chart analysis, knowledge about different kind of coins and most important control over your own emotions in order to make wise decisions.

All of the information in this forum are important. You can use all of the information that you learned for you to find a way to earn more money. If you want to become successful trader, then you should find a way where you can improve your skills.

I think the most important knowledge that you need to know is the basics and fundamentals; since these information serve as a very vital role in your decision making skills in trading.

What do you mean "basic concepts"? Everybody talks about Basic thing, but how does it help for profitable trading?
The first thing you should know according to this market is psychology, because you guys usually loose your money while professionals win during "red days", you can just read topics on this forum during these days to make sure. So if you know everybody`s mind, you could take profit very easy.
And what about basic concepts, how does the knowledge about technical part of bitcoin or some alt will help you to trade succesfully?

The strategies of a successful trader is the most important knowledge to acquire for me because if that happen you have the capability to know which coins you will buy and on how the coin behave because that is hownit works you will just monitor hownthe coin behaves and if you now that they are the right coin to buy and sell then that is the rught time to waut for their drop and buy them just for example bitcoins if they drop they will surely rise again so a lot of people buy bitcoins even if they are falling just some things like that.

The very first thing is you should observe and analyze the coin which you are going to buy it. You must know all the information about that coin. Then you should keep on updating yourself with what is happening in the cryptoworld. You should never go with the guesses, all your trading should be done with proper analytical prediction

Do your study first before jumping in.Make a research and don't just believe what others were saying here because they're might be people who shill their coin. Most of them are just pump and dump coins.

At first, You have to control your emotion in order to make money from this platform. You must take every step very carefully. A lot of crypto research you will find in this related website and media. So you can take help from those platforms. Not only that but also verifying a good ICO you need to consult with a crypto expert since you are a newbie to this platform.
Frankly speaking, there is no basic knowledge regarding this issue. You have to gather a lot of experience by reading materials or sharing ideas from expert people. Mind it, Luck is also an important factor for this issue.

First of thoroughly study of market and coins you are going to trade,It will clear your vision that which coins are best for long term and short term.Study of chart and awareness of internal and external factors of market helps to take right decision of buy and sell.Psychological skills need for successful trading like patience and control the emotions helps to take right decisions.

The emotion is the most critical one should really need to be practiced to handle by traders since if they are always been beaten by theirselves they could lose more, But if they could learn to handle it well the tradings skills will came out and traders could earn for longterm goal or doing some wiser decisions on their trades.

The basic knowledge you need in crypto is the technical and fundamental analysis. These two analyses are vital for your investment or trading success. Aside of knowledge there more important things you need to learn in cryptocurrency and that is the virtue of patience. Many people became millionaire because of this virtue.

You are a beginner so you should learn first all of the basic knowledge about cryptocurrency. You can't make profit from cryptocurrency if you don't have knowledge about it. If you want to become successful person, you should focus on how you will improve your knowledge.

I think the first is the community of coins to be purchased. If the coin you are going to buy has a good community. then the coin is a good coin. Next you only need to find the coin information from the community, usually the coin will go up if dev will make a new project concerned with the coin. But this way is for long-term investment. And hereafter is patience. you must be patient in trading (patience is the key to success in trading

Most important to got profit from trading cryptocurrency is "Do you can control your emotion?" . We must be patience for do it trading when we want got a profit. Because if you can't control emotion, we can hear FUD and be panic then do panic sell. Panic sell just cause loss. Just patience and calm about fluctuative price in market. Dont be Panic if price go down.

I can't say that there is a certain thing that will help you, a certain knowledge or skill; but for sure everything out here is about experience and luck.

You should know at least the basic knowledge of trading. Preferably, one should have at least any background from an economics in order to understand the market better as compared to the ones who does not have. Though it is not required for one to have such background, it is preferred as it may result to better results and for risk avoidance. But the primary factor here to consider is the experience of the trader on his field since it hones their talent and skills through the years of working on the actual scenario.
I have some friends who do not have any background with a business/economics degree but they earn large amounts of cash and are also experts on their field.

Crypto trading don't differ of simply trading. So there are such rules:
1. To make independent decisions;
2. Have a psychological resistant (always follow selected strategy)
3.To perfect own strategy - self-education and knowledges..
4. To identify the patterns between the economic and political spheres that have a direct impact on the investment market (fundamental analysis)
5.Tecnical analysis
6. Risk assessment

For beginners I reccomend to trade cryptocurrencies from Top 10. Do not mess  with little-known cryptocurrencies, if you havn't an insider information...

It seems to me that in the first place you need to have knowledge that will help you handle the crypto currency. Know what it is and how to act in different situations. Then it will be easier for you to go to the stock exchange or invest.

I also a crypto trader and a starter myself. Still need to learn a lot about trading but I have laready learned a few while trading bitcoin. First of all, pick a currency to trade. A pair would be grade and you should focus on that, rather trade a lot and have a split attention with all your token.

Study japanese lantern, the graph prediction are really helpful most specially in a long term trading.
Follow all the news about bitcoin or the currency you are about to trade. The main factpr that influence that pumps and dumps of bitcoin is because of the negative and posotive news coming. Mostly these news are negative.

Just to give an addition, you should also develop your emotional aspects because that's important too. In trading, you should have the guts to risk your assets because if you are not brave enough then I'm sure you will not become fruitful since you are scared all the time.

I believe that it's useless even how knowledgeable you are if you don't have the guts to deal with the risky nature of trading.

I have to disagree with you, learning technical analysis? Are you serious? Take years to really perfect this craft dude. Don't go too technical, just a simply knowledge about reading the trend and graphs will be helpful at the beginning.

I guess the first time someone needs to understand or what is important is to see how the price moves and check your emotions out of the door. You need need to be emotional specially in trading because it will make a difference whether in making profits and specially cutting your losses.

Good question mate. I am sure that you are really imterested and serious in trading.
Well, as new in this, you dont take actions that are not well plan. Always analyze and try to foresee the possible consequences of your future actions.
Dont ever trade big number of coins immediately.
Be cautious always.

The technical strength of the team, the history of the members, and the idea of the project are all very important factors, but this requires you to make a thorough understanding of the cryptocurrency before you can judge. I suggest that you first learn some basic knowledge and you can buy some books.

Basic knowledge is an important thing. So start with theory. Then you must choose a cryptocurrency platform. Pay attention to fees and terms of use before you start. You should also take into account that the exchange rate always changes, so you need to be sharp and confident at making decisions. Finally, don`t forget about risks related to trading.

I think the crypto market is barely regulated, and can be easily manipulated.

It is crystal clear that you cannot perform great in trading until and unless you don’t have sound knowledge about the coins you want to trade with. Just reading whitepaper of the coin is not enough for knowing all about the project. We live in an age of modern science where impossible can be replaced by possible. So, there are thousand types of way to know about bitcoin

This is a bad way to start trading you should educate your self first before going to trading. You might see yourself losing a lot of money if you do not know waht you are doing. Trading seems simple but it is not a game you can end up broke by doing bad trades. The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit

Yes I observed one thing the professionals in trading they will not choose a reputed coins to make a profit. They will target one shitcoin and make others invest in that coin and afterwards. That is why don't buy any shitcoins if the profit comes late also no problem buy only a reputed coins

I think the most important think you need to learn in trading is controlling your emotions and know when to take profit or set a cutloss because you think that's just easy but if you are in that situation you can really feel the pressure of not mastering that things.

Trading in crypto is a risk you must have enough knowledge you must study all the consequences and in trading all you have to.do i guess is to trade a little then.when you succeed in your first attempt and get accustomed with it then continue to trade to have a big profit.

The points you have made is good ,you need to follow the market really well before investing and understand how things work, the main idea behind it is simple, but for beginners starting with top ten coins means those are high valuation coins that have broken the shell and had a rally, go for low valuation coin with for a small budget and have some experience dealing with it before investing heavily. Right now i would say that it is the best time to invest as the market is on a correction mode for some time.

and right now if we buy bitcoin or altcoins it could give us profits.but some time for tokens/coins with low valuation give us big profits,much people just focus on top coins/tokens.meanwhile other could give them high return.

You're right mate. You don't need to put all your money in one coin if you know that there are some cpins that has potential then place you money part by part or divide your money. For you to profit atleast 3x to 5x.

Inorder to become a successful in trading,you shouId educate your self first,be sure you are already knowledgeable enough especially in trading, trading is very risky part so no need to rush, it needs a lot of time to make decisions, you should know the techniques and strategies on how to trade.

In my opinion, technical analysis is very important in crypto trading. There are a lot of youtube videos you can watch to learn technical analysis. You should also learn about candlestick.

There are two theories as per what you want to achieve if you want to earn a long term return by investment then its better if you study the coin properly by understanding its utility and making out how it will achieve the desired results. Is the team capable and really working or the results are being shown merely on paper. If you want to do trading in short term then its better if you trade in the market after learning technical analysis. Apart from it also make sure that you allocate proper time to current news regarding cryptos. As news are what trigger cryptos to moon not TA.

Finding good one is very difficult in this crypto because every coin seems to be same but the thing we must go with the altcoin for more than 1 years because owners will mention their developments within the year in this way, they can lead the market.

Well, when you re going to invest in Bitcoins, you mustn’t get there without any prior knowledge. Things aren’t that much complex, just need is to make a better plan and homework before getting in the practical field. So as you have said, this is better to judge what you are going to invest and in which you are putting your investment. This can be source of amazing results at the end.

Before buying we need to learn how to analyse the coins and their development status because most of the companies are cheating people without any potential developments. So before investing, we have to keep track these things for our investments.

First and foremost, the important thing here is to choose the coins you want to focus on trading. Not every coin is the same and some of them are more suited to day trading or quick trade and release style, and some of them are better for trade and hold style, where you get a coin and wait for some time before you release them for profit. After than, check how other seasoned traders do their business, you can first copy their styles and strategies until you can apply your own style, they are not good traders for nothing. As you gain more and experience and knowledge, then it would be easier for your to device your own strategies.

I think that market sentiment is still the biggest influence on trading results. You can see that this is a new market, and many new investors have no experience entering the market, for which reason the market becomes very unpredictable due to the psychological barriers that come from investors. If you have a plan that does not have enough psychology to do it, then you will fail.

Self inclinations and self method of which you will have to develop over time for your trading activities. These abilities are the skill that take time to perfect and it will eventually make you money. Just continue to trade and learn.

In trading crypto ... It is sometimes really hard hard to see which one has the biggest potential in the market where you can unvest your money... But maybe all you have to do is tathered some info and researches about tge orogress of those different crypto for you to choose which one do you preferred to used

There are certain knowledge one need to acquire before going into trading. But the once that i think are important are; having a general knowledge of the market - on how it works; risk management and dealing with emotions while trading.

Learn every each kind of what could be some of the best what you can do for while youvare in trading this is not as a easy task to do for but this is some if the basec thing to be learned here in this trafing.

First of all, basic understanding of blockchain technology thouhg. Second, there is neccessary to keep an eye on industry and projects. IMHO it will allow you to analyze fundamentally. By the way you need to learn the ropes of technical analysis

Which knowledge is important for crypto trading, for me the best knowledge are those ideas you gain from those experienced traders that alreaady encountered many tradings, thus it will helps you on your trading on how to handle it properly.

For me experience is the best knowledge when trading cryptos because you get to learn more about the coin and you get to know which coins are best for long term and short term. To start woth, just go to coinmarketcap.com and check what are the top coins and go from there, choose which coins you want to start with trading.

Its not a knowledge but it is the best teacher mistake from your trading experience. No which of the knowledge because anything that is related to trading is best for you to learn and apply, try to explore the strategies that will fit for you in what ways you're good at and practice more. Knowledge to be acceptable for all the circumstances is the best you can get.

I would be a plus point if you have a practical experience in the crypto world along with market information about the current prices, the speculated prices and the time to sell or buy. Having the knowledge to hold for a specific time and sell again makes the difference between a mature and immature mind. Finally some knowledge about the finance and crypto models is also important.

If you want to do well in crypto trading then you have to learn technical analysis. There are videos about technical analysis on youtube, wathch those, they would be helpful.

To become a successful trader you must be ready to learned on how to trade professionally! What people did not no is that trading is not a job for every one and you must be ready to spend time in understanding when an asset or coins is at the buying face because what must newbies are doing is buying into coin at the selling face.

Actually trading deals with decision making. In short term investment or day trading simply, people start with decision making and the whole day, after every moment, they are making some decisions based on their selling and buying strategies. So better is to work out on this characteristic because if this become lose, everything would be losing and you are ending up with nothing.

You don't need to have much knowledge in other for you to start trading crypto,  all you need to know is the knowledge of how to switch between coins on exchange, how to set buy and sell orders and also how to read the trade chart in other to see if there might be a pump or a dump in the coin in which you are about to buy. I think this is the main knowledge you need to have before you involve yourself in trading.

As you said these knowledge are enough to do crypto trading but our aim through crypto trading is making money so we need some skills to do that,particularly the decision making and technical analysis is the important knowledge need in the crypto trading.

Most of the people that are involved in trading and dealing with the cryptocurrency are trying to make their own technical analysis. As I have mentioned it does not work in 90% of the situations, man.

I think the knowledge you want to master is of course the first thing to learn or the basic knowledge because that will take a role as a foundation in your trading career.

The process is simple everyone will understand this quickly and all trading sites follow the same method but without having proper knowledge about different crypto coins how can you start trading. So for this, we need some skills and to handle pressure situation patience is a must. If you do not control your feelings then trading will be difficult for you.

The main thing is not to sell at the bottom, if the price has fallen you have to wait. The market is cyclical, the price always returns to where it was. Of course, if the project is not a scam, then we need to get rid of it faster

Rule #1 that should be memorized by any beginner trader should be "Never go all in", regardless of how great potential gains look.

There are so many things involved in crypto trading and that all of them have their own importance. There is no such way that you can skip any of thing and that you need to do lot of hard work to learn all the essential things related to it. You need to learn things like that of chart analysis, market prediction and keeping control over your emotions at tough times so that you can have some better results.

Most of the knowledge is useless. The most important transaction actually requires a lot of experience. It is more important to gradually accumulate trading experience than any knowledge.

First of all, the experience is essential; the second is a continued study of news, at least 10 per day and the third - choose only proven coins from the top 10 or 15. Purchases on the market's bottom in order to long-term retention of purchased coins will be a key for a good profit.

It is crystal clear that you cannot perform great in trading until and unless you don’t have sound knowledge about the coins you want to trade with. Just reading whitepaper of the coin is not enough for knowing all about the project. We live in an age of modern science where impossible can be replaced by possible. So, there are thousand types of way to know about bitcoin. Because the knowledge is important for crypto trading

This is a bad way to start trading you should educate your self first before going to trading. You might see yourself losing a lot of money if you do not know waht you are doing. You have to know the cryptocurrency marke, the trends and to predict the future development. I think these are very important things and you can come to that by lot of research and practical experiences

The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit. For me the important thing that you should know when you are in trading. It to be updated about the price of bitcoin.  Because you will rely in that information weather your going to sell or hold a little bit more

As the world focuses on basic cyptocurrency, it seems we understand that bitcoin is one of the new things to invest. So many companies sell coins, but since this is an unregulated industry you have to be very careful. to make money with bitcoin, just buy a coin and wait until it rises in the long run and monitors price movements that make you profit.

Yes that is right, for a crypto trading it is necessary that he must have good and relavent knowledge about crypto market which can be helpful for them to make money from trading, in fact for getting knowledge about crypto trading one need to study the market regularlty, they should get opinion from their experts and should act according to their advises and hope that after some good time they will surely get a very good experience and knowledge about crytpo trading for making good money from crypto trading.

There are two important things that are important for crypto trading, Technical analysis and fundamentals, Technical analysis considers the history of a coin with price charts and trading volumes, no matter what the coin or project does. As opposed to technical analysis, fundamental analysis is more focused on establishing if a coin is over or under valued.To get a better idea of technical analysis, it is crucial to understand the fundamental. But unfortunately crypto market depends on bitcoin stability, and work only when bitcoin is stable.

You have to understanding which level price called support and resistance area, by know strong support and strong resistance areawill make more easy to decide when best area to buy and sell. That is apart of technical analysis, and beside that should understanding about fundamental of the coins that can increase the demand.

Studying the basic concepts will give you a great grounding and guidance for making the right decisions in all kinds of circumstances. I think the best knowledge of the most important in trade is to learn basic concepts in industry

knowledge for trading should know how to buy and sell, which is the most important, and look at the graph and look carefully at how many sellers or buyers are, as it is also important to invest in lesser value, see the volume whether large or small small.

it is not easy to become a trader so it is important that you have enough knowledge especially when it comes to crypto trading just before, one of the important trading knowledge is that you know how buy and hold it, especially if the flow of the market is slowly moving.

In my opinion, technical analysis is very important for crypto trading. On of the important part of technical analysis is candlesticks pattern. You should learn it well, if you want to be successful in trading. There are a lot of candlesticks tutorial videos on Youtube, you can watch those it would be of great help.

Perfect timing through patience would really be an effective way for you to earn better here in crypto. Better know the basics of trading for you to be able to handle every situations here smoothly without worrying or being panic. Be patient and have the willingness to wait for the perfect timing to sell.

You have talked here about few of them, but what I believe is, if a person is coming into this field, he must know everything related to bitcoins and their trading. No matter, from which background he is just coming off, he must be learning all the basics and thumb rules and every little information related to this topic. Because this would be letting his trading skills so up within short period of time.

Precisely! It is a very dangerous game beginners or to those who don't cohere to a well-planned method. Having an idea on how to play the game correctly can be an advantage for a gainful result. Never limit yourself to learn the scope and beyond of crypto trading. Better to be well-versed about it to have a full grasp of understanding of what it is, how it works, and more. The more it also gives the confidence and peace of mind because you already have the idea, guide, and flow to follow.

The important knowledge in the cryptocurrency market is how to analyze the market from time to time. This is a point to help investors soon succeed in the cryptocurrency market. You should read a lot of news, press and market updates regularly and continuously to make the most effective business and investment decisions in the cryptocurrency market.

Before going into trading, one need to be groomed with the dos and don'ts of trading. As to the above question, every knowledge is important as far as trading is concern. You just have to acquaint yourself with the basic principles.   

Commonly, we have to know first the basic in trading before getting into another form of analysis.  Crypto are eventually hard to determine its fixed value so holding may take some risk. Trading needs some mathematical skills and have a heart of stone to accept some failures because trading will not always can guarantee to give us good profit.

If you talk about the knowledge which you need to have while you are into the world of the trading, then you can’t rely on any single thing as there are so many things which you need to learn and that which you must know to make some good decision which can then help you in becoming more successful trader and to help you earn more money which can give you a chance of having a better living.

if you do not have any trading experience at all, Maybe you can follow the trading signal from a trusted trader master, or follow a trusted group in social media,  trader is not an easy job, you have to learn a lot from experienced traders, may be you can follow some good technical analists via twitter as well.

Trading is a matter of time, learning and patience. To start with, get articles on crypto trading and read. After, get some Satoshi and try using them to practice trading. Trading is a matter of practice and studying the graphs to know when to buy at a particular time.

the most important knowledge in the world of crypto is that you must know all the coins including prices, markets, websites, news, and everything related to crypto you have to find out because if you are less digging about crypto you could just fall.

The knowledge about the market condition market trends which condition make effect the other altcoins, The main knowledge is for the coin which you are select to trade, all the news updates and the value and technology of the coin and the trade which is trading all these knowledge is important for crypto trading,

You should constantly read the news about bitcoin and altcoins so that to predict the price change

Trading skills and Behavioral psychology are the important knowledges for crypto trading If you are good at both of them, you will always win the games....

For me the important knowledge that you need to gain is to know how trading works. In order for you to earn in trading you must learn how market works and the best coins to buy in order for you to get more profit. For example, coin1 has a lot of volume of traders so therfore this coin1 has a potential to give you a profit. As long as you are a hardworking person you will earn a lot. Or you may try also joining a signature campaign for an extra income.

I think that you need to know about promising tokens, about market and also be cold-blooded. Everything you will learn in progress would be helpful in future.

Patience is what you really need to have here because as you wait and hold, better opportunities will come your way and you might also get a better profit. Just wait and see that the more patience you have, the more reward and profit you'll get. Just choose the best and potential coin for you to hold. Just be sure of the coins that you are using.

WHAT A THRILL:
 When BTC was pumping like no man's business it was all over the media all hail btc the ruler of them all, when btc started misbehaving they all changed their mouth oh mehn this is just pure P & D and their came alts with their rich making strategy which could transmogrify one into a state of Orgasmic ecstasy caused by the impact of cupits arrow we were carried away by the motherly love of Aphrodite herself who was ready to take us beyond the moon to Venus itself where she owns and make us feel the joyful ride where 10ripple could buy a Lambo and 1000doge could buy a Ferrari and they said behold alts are bae and cryptocurrency is the future hodl ur alts with your dear life and never sell ur pot of honey to a stranger cos alts were showing us great love from the very bossom of Aphrodite even before the expected time. But when alts cupid flavour was all exhausted and it was time for alts to account to Zeus on how their talents were spent they all turned against alts altering with complete disregard and disrespect for the very ones who gave them blankets during the rain; behold all alts are pure shit, behold all alts have no use case, behold alts have no life on their own beholds 99.9% of alts are shitholes and we even try to proof these with facts that have no connections but I say to u it is just our emotions running and I fully understand how u are feeling cos am feeling it too but how we handle this feelings and emotion is what might be different and remember the resolutions u made now against the next season are temporary and seemingly useless cos till u are able to remake and keep them in the next bull I ain't believing shit about these resolutions. But I have a question for us all, how long did it take btc to reach the current levels/statuesque (2009-2018) and how long did it take alts to reach their current levels. Do not let the present becloud your judgement unleach yourself into the future of decentralization where the current centralized nature of Crypto currency will be no more and I could buy a Tesla 20waves and Lamborghini with 10000CV. If someone after having researched deeply on the Ans(Neo) project saw the potentialities that it weilds bought 500$ worth of neo in May 2017 @0.5$ and hodled for a x100 profit but ended up getting X300 in return after 9mnths, we would say he is an intelligent and patient hodler but if someone bought neo @50$ and hodled for a X10 profit only for neo to retrace (healthy ofcourse) to 65$ after touching x4 from his buy prize we would say he is unintelligent and greedy considering the "Present" but this is our greatest problem we are so obsessed with the present and so we in many cases loose hold of the future, have u ever asked ur sef the question; if everybody panic sold @ the end of a bull run what will be the fate of the Crypto community. Don't get me wrong buying the dip and selling the tip is the summary of this game and we all agree on dat but this idea of if I had done this I would have made made money if I had done dat I would have made crazy cash is all a null and void talks and this idea of making endless resolutions and promises cos of the excitements of the moment is worthless cos resolutions are great but only when it transforms into a character which will it change ur trading carrier and life in general for remember "Character is that which remains after the excitement of the moment is gone".
So just find that intelligent and informed strategy which works for you and stick to it cos remember the past is gone and the present is fading away but the future is yet unshaped and we are the people who shape it.

Analyzing the candles is the most important thing which a trade should learn before starting trading. Because with the candle analyzation you can predict the movement of the coin. Many websites have good videos available for learning candle analyzation you can search on google.

I think the best knowledge that is really important in crypto trading, is we should should know how to have long patience or off course to became sucessful here crypto trsding, people should always choose a coin that is on top 100 coins.

We should really keep an eye to this matter which we do mostly believe on this hypes when we do still new on trading field on where people do make such claims which aren't true and just purely hyping up a coin will really convinced you to buy such thing. All of those things written here in this thread is true but for mo most important thing in life is to share our knowledge to those people who are willing to learn but having a hard time learning about cryptocurrency

There is no specific knowledge that you must only learn in understanding trading, you must learn how to appreciate everything about investing, from fundamental to technical analysis, as well as the psychology of the market, you must understand when will people are trying buy and sell coins. The best knowledge for crypto trading is you must understand how you profit from trading results, how to buy coins when the price is rather cheap and sells when the price is high, nahh from the price difference you get a profit

It should be knowing how to identify what's legit and what's not. Reading many threads on these forum gave me many ideas to filter those scammers. Imagine that if you got hyped in a coin and you go all in but you never knew that it's a scam from the start so having that knowledge is very helpful. A calm mind is the key to success in this risky profession of trading because it enables a person to take right decision on right time

knowledge on the need to be able to benefit very much from the play trading is you should be able to figure out the movement of the trading and you should be able to analyze the existing market conditions so that you can benefit in the world of trading.

According to my knowledge that there should be and who should have in the world of trading is that you should be able to read and analyze market conditions and the conditions of the existing graphs because if you can't read the two you'd be hard-pressed to get advantage.

In my opinion is you should know and understand situation of market, when the market try to start bullish trend is times to buy it and hold for a few month and then if the price on overbougt and the price not possible more to going up that is times to sell. And to know which price should to buy and sell you have to know bit about technical analysis and fundamental analysis.

In my opinion patience is one of the most needed thing if you are going to trade, patience and keeping calm, lol

One way is to learn before trade, second way is to trade before learn, but the best way is to trade and to learn at the same time.

Of course, you should know economic knowledge, if you want to know deeply about trading. Then you should research this forum, so, bitcointalk can help you for any information about cryptocurrency. Except that, bear in mind before investing money to any coin, you should not invest the money which make you be in trouble in the future and you need to know all information related to the coin you buy.

With crypto market you don't need too much technical knowledge such as stocks or Forex. My opinion is that in crypto trading the most important thing is to stay up to date on all the news that are sourrounding the coin you are trading and of course the whole cryptospace.

Patience is considered as golden aspect of a trader. If someone is intending to go for trading but he doesn’t have tendency to control his mind and emptions, he will be encountering loss everywhere. Traders must adopt this trait because this trading is all about taking decisions at multiple times, multiple difference conditions and situations so being patient is tremendous additions to good results.

Learning the basics is a must for trading. To accept loss of the amount that is not essential for you is psychologically much easier than with the loss of a significant amount of funds. That's why professionals recommend using only those means for trading, the loss of which will not be critical

You can use anything you want and i can't highlight something important, to be honest. Everything can work and can be useful so people just need to trade and learn from mistakes.

It is really what a trader needs and some additional aspects to have. A good things to be learned by your own is technical analysis and fundamental analysis thats comes from your initiatives to learn this knowledge. If you have this with patience you will get the best result in crypto trading.

Most people don't try to get into technical issues, just like I do myself. That takes too much time and doesn't bring much results. Still basic knowledge and understanding of econimics/business is required.

For cryptos you have to find reliable sources of information, make analysis, and then choose your personal strategy and stick to it for some time.
When it doesn't work, pick another one.
I can't agree you have to learn everything, crypto society is overpopulated, and some advices can only distract from what you have already chosen or maybe it's just my laziness))

If you want to start crypto currency I think you need to knowledge about altcoin. If you don't know altcoin analysis you can't start your Crypto trading so at first you need to learn about crypto currency market then start you Crypto trading. Without any knowledge about crypto currency you can't make a good profit with your feet to currency trading. You also need chart pattern because chart Patron is a very effective for your crypto currency trading.

learn by your own will be some of the great thing that we may ever have to take on we should be able to make a lot of analysis on how does it may work for.

Learn the basic,  buy low and sell high and the most important thing is you know when and how to hold. That is very importand aspect in trading.

I think the important knowledge we should have for crypto trading, is we should know how to choose a good coin, specially a coin that has a bright future, and the other knowledge we should have in crypto trading is we should know how to predict if the coin will dump or will pump.

If you want to trading an altcoin, better to know the history of that coin before, altcoin can't be predicted, the price sometime get down when the btc price pumped, for now probably a matter if you want to trading altcoin.

If you want to become professional trader, you should first improve your emotion and patience. You can't earn big amount of money if you don't have enough patience and you can't control your emotions.

In my opinion the most important thing when doing trading is our psychology and second one is strategies include technical & fundamental analysis, management of risk & money, and trading plan. Psychology become number 1 because many trader who has great strategy but finally loss because they has bad psychology, like greedy, and not patient.

you need to study the fundamental analysis, watch what news from the company that issued this or that coin, also know the technical analysis if you want to be a trader

Do you think technical analysis is important to this market? I used to use technical analysis but it just gave me little profit. So in my opinion the most important factor in this market is knowing the technology but your psychology must be good then that will bring you much profit.

I think that market sentiment is still the biggest influence on trading results. You can see that this is a new market, and many new investors have no experience entering the market, for which reason the market becomes very unpredictable due to the psychological barriers that come from investors. The points you have made is good ,you need to follow the market really well before investing and understand how things work, the main idea behind it is simple, but for beginners starting with top ten coins means

I think the most valuable knowledge in trading is actually which coins you should better hold or trade for. Like the above-stated reply said, not all coins would survive with an exception of a few. With this idea in mind, you should have ample knowledge in order to at least deduce which coins would have that driving force and continuing power to prosper and not just die out after some time. My opinion is that in crypto trading the most important thing is to stay up to date on all the news that are sourrounding the coin you are trading and of course the whole cryptospace

Yeo, You might see yourself losing a lot of money if you do not know waht you are doing. Trading seems simple but it is not a game you can end up broke by doing bad trades. Trading is easy to learn especially when there are many guides and studies you can refer to. What is determinative of your success in trading is your attitude towards a win or lose or both all at the same time

If someone want to start trading he must need to knowledge about crypto currency market, If you don’t have a any idea with coin market you can’t start trading so you must need learn altcoin market then you can buy coin which is better for trade. It is very important for start crypto currency trading.

The best that is very important for crypto trading is to how to earn profit. All of us aiming for profit, we are buying cryptos because we are aiming for profit so we need to have a guidelines that can help us to have a better strategy on how to earn profit in cryptos.

It is really not easy way to know about crypto trading.Because crypto market any time fluctuate.So If you know better about crypto trading then you follow order book, Buyer quantity, seller quantity and daily candle bar updown quantity. Although it is not perfect way or better way but I hope you will known something. The noise about the coins is one of great indicator to us to see if the coin is pumping and if there are so many people ranting and pointing for the coin who's moving up for that moment then maybe you can join with them and earn for short time

The graphical trends coming from trading sites can highly educated us with acquired skill which you can develop in terms of knowledge it will provide. And before start cryptocurrency trading you should know details of a coin in the market and make an analysis before you  choose a coin. I think the most common knowledge that is necessary in crypto trading is to know that when the price is low that's the time to buy and when the price is high then that's the time to sell

I think that knowledge is only a small part of the commercial Cryto, so you can trade well need a lot of knowledge, to learn more specialized analysis of charts, technical charts. It is very important to know how it feels in the cryptocurrency environment, assets are important also strategic skills.  You need to be a reader because ir is the root of every traders traits

In my opinion, knowledge is needed in the commercial process in the crypto market. Sometimes it is not all to create a profitable form of profit. Graphical analysis skills, understanding of market implications, judgment and assertiveness in decisions will be interlinked components that create a commercially viable trading process. It does not depend on any component and it needs a consistency.

The important of the architecture for the business of the field of the business field is separated to the parsing cryptocurrency field for given your own projects and input into cryptocurrency field. To make it that you need to be understand, read more comments about the field market and update the cryptocurrency field field is associated.